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Grand Rapids Area Community Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 411761590 ✦ Grand rapids, MN ✦ Designated as a 501(c)(3)

Overview

What is Grand Rapids Area Community Foundation?

The Grand Rapids Area Community Foundation, situated in Grand Rapids, Minnesota, is a nonprofit organization that actively engages individuals and organizations in investing in their community to enhance its overall quality of life. In 2022, they granted a total of $1,371,321 to 863 community projects and offered 164 scholarships worth $262,150 to deserving individuals and families. With a diverse donor base and a focus on community needs, the Foundation demonstrates its commitment to contributing positively to the local community.


Official website here: www.gracf.org

Is Grand Rapids Area Community Foundation legitimate?

Grand Rapids Area Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grand Rapids Area Community Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $141,580
Professional Fundraising Fees: $0
Other Salaries and Wages: $84,136

For more financial information, click here


Official website here: www.gracf.org

What is the mission statement of Grand Rapids Area Community Foundation?

The Grand Rapids Area Community Foundation encourages both individuals and organizations to invest in their community with the aim of enhancing the overall quality of life. This mission is executed by inspiring contributions towards community development projects. In 2022, the foundation distributed 863 grants worth $1,371,321 and provided 164 scholarships totaling $262,150 to support individuals and families. The foundation's work is driven by a diverse group of donors and a keen understanding of community needs.


Official website here: www.gracf.org

Who is the CEO of Grand Rapids Area Community Foundation?

Mindy Nuhring is the Director of Grand Rapids Area Community Foundation.


Official website here: www.gracf.org

What is the revenue of Grand Rapids Area Community Foundation?

Grand Rapids Area Community Foundation's revenue in 2022 was $3,717,109.


Official website here: www.gracf.org

Who are the executives of Grand Rapids Area Community Foundation and what are their salaries?

The average compensation at Grand Rapids Area Community Foundation during 2022 was $37,619. There are 6 employees and 225 volunteers at Grand Rapids Area Community Foundation.

Here are 14 key members and their salaries:

    Mindy Nuhring (Executive Director (Oct-Dec))
  • Compensation: $75,871
  • Related: $0
  • Other: $0

    • Susan Lynch (Executive Director (Jan-Oct))
  • Compensation: $65,709
  • Related: $0
  • Other: $0

    • Christina Andersen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cynthia Margo (Past Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Diane Larson (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Isaac Meyer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jerry Ophoven (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Josh Skelton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Julie Wilcox (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kelly Kabotoff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kristian Myers (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kyle Erickson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sarah Anderson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shannon Benolken (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.gracf.org

    Where can I find the form 990 for Grand Rapids Area Community Foundation?

    The Grand Rapids Area Community Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.gracf.org

    Learn more at the official website: www.gracf.org

    Mission Statement of Grand Rapids Area Community Foundation

    The Grand Rapids Area Community Foundation, as per its mission, inspires both individuals and organizations to invest in their community, with the ultimate goal of enhancing the quality of life. By encouraging such investments, this esteemed organization aims to foster a sense of collective responsibility and action towards community betterment. Through its initiatives, the Foundation serves as a catalyst, motivating various stakeholders to contribute their resources and efforts towards uplifting the community.

    Impact

    This information is meant to be a general summary of Grand Rapids Area Community Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Grand Rapids Area Community Foundation's impact is significant in inspiring individuals and organizations to invest in the community to improve the quality of life. In 2022 alone, the Foundation provided 863 grants totaling $1,371,321 back to the community, demonstrating their commitment to supporting community improvement initiatives. Additionally, they awarded 164 scholarships totaling $262,150 to individuals and families, further contributing to the enhancement of quality of life for residents. The Foundation's diverse group of donors and focus on addressing community needs underscore its positive impact on the Grand Rapids area.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,104,865
  • Program Service Revenue: $0
  • Gross Receipts: $7,688,152

    • Assets and Liabilities:
  • Total Assets: $28,200,490
  • Total Liabilities: $3,211,748
  • Net Assets: $24,988,742
  • Organization Details

    Founding Year

    1993

    Principal Officer

    Mindy Nuhring

    Main Address

    350 NW First Ave E, Grand Rapids, MN, 55744

    NTEE Category

    Code: S20Z - Community improvement

    If you are a representative of Grand Rapids Area Community Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.