Overview
What is St Michael Community Education Endowment Fund Inc?
St. Michael Community Education Endowment Fund Inc. is a nonprofit organization situated in St. Michael, Minnesota. Its primary mission is to support a local Catholic school, offering financial aid to families with children in pre-K through 8th grade. The endowment fund covers annual accounting services, ensuring compliance with governmental regulations. By providing funds for necessary academic resources such as technology, the organization aims to alleviate financial burdens and enhance the educational experience for children in the community. The endowment fund also manages its investments effectively, minimizing administrative and investment fees by transferring its funds to CUFF.
Is St Michael Community Education Endowment Fund Inc legitimate?
St Michael Community Education Endowment Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Michael Community Education Endowment Fund Inc 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.
Heare are some key statistics you may want to consider:
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What is the mission statement of St Michael Community Education Endowment Fund Inc?
The St Michael Community Education Endowment Fund Inc aims to alleviate financial burdens on families by providing financial assistance to local Catholic schools catering to pre-K through 8th grade. This aid is utilized to purchase necessary technology and academic resources, as determined by the school staff, to enhance the educational experience of children in the community. The endowment fund's mission is to support the local Catholic school, ensuring high-quality education for its students. The fund also covers annual accounting services, which are essential for managing its financial support and complying with regulatory requirements.
Who is the CEO of St Michael Community Education Endowment Fund Inc?
Linda G Borchardt is the Director of St Michael Community Education Endowment Fund Inc.
What is the revenue of St Michael Community Education Endowment Fund Inc?
St Michael Community Education Endowment Fund Inc's revenue in 2022 was $264.
Who are the executives of St Michael Community Education Endowment Fund Inc and what are their salaries?
There 6 volunteers at St Michael Community Education Endowment Fund Inc.
Here are 6 key members and their salaries:
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Where can I find the form 990 for St Michael Community Education Endowment Fund Inc?
St Michael Community Education Endowment Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of St Michael Community Education Endowment Fund Inc
St. Michael Community Education Endowment Fund, as a nonprofit organization, is committed to alleviating the financial burden on local families with children in pre-K through 8th grade Catholic schools. The fund aims to support these schools by providing financial assistance to purchase necessary technology and academic resources, as identified by the school staff, to enhance the educational experience for the children in the community. The endowment fund's mission is to contribute to the excellence of education in the community by providing the financial means to acquire essential academic tools. The organization incurs annual accounting services to comply with regulatory requirements and manage its finances effectively.
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Impact
October, 2024
The St Michael Community Education Endowment Fund Inc significantly impacts local education by providing financial assistance to pre-K through 8th-grade Catholic schools. By alleviating the financial burden on families, the fund facilitates the purchase of essential technology and other academic resources that enhance the educational experience for children in the community.
This support allows schools to maintain a focus on delivering high-quality education while ensuring that students have access to the tools they need to succeed. The fund's commitment to covering necessary expenses, such as accounting services, ensures that all financial resources directly benefit the local educational institutions rather than being consumed by administrative costs. By fostering a stronger educational environment, the Endowment Fund plays a crucial role in empowering families and elevating the overall academic standards within the St. Michael community.
This information is meant to be a general summary of St Michael Community Education Endowment Fund Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $83
- Gross Receipts: $264
Assets and Liabilities:
- Total Assets: $1,034,642
- Total Liabilities: $0
- Net Assets: $1,034,642
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Organization Details
Founding Year
1991
Phone
(763) 497-7817Principal Officer
Linda G Borchardt
Main Address
4890 MAYER AVE NE, ST MICHAEL, MN, 55376
NTEE Category
Code: B112 - Education
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