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Minnesota Valley Electric Trust

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

EIN: 411821090 ✦ Jordan, MN ✦ Designated as a 501(c)(3)

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Overview

What is Minnesota Valley Electric Trust?

Minnesota Valley Electric Trust is a nonprofit organization committed to distributing funds for charitable and educational purposes. They receive contributions and utilize these resources to support various initiatives within these areas. The trust also receives administrative services, valued at $9,100, in order to effectively manage and deploy their resources. The main mission of Minnesota Valley Electric Trust is to serve as a conduit for charitable contributions and ensure they are allocated appropriately for educational and philanthropic purposes.

Is Minnesota Valley Electric Trust legitimate?

Minnesota Valley Electric Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Minnesota Valley Electric Trust submitted a form 990EZ, 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.

What is the mission statement of Minnesota Valley Electric Trust?

The Minnesota Valley Electric Trust is dedicated to dispensing funds for charitable and educational purposes. They accept contributions with the intention of using them to support such causes. The organization's primary role is to distribute funds for charitable and educational purposes, fulfilling this mission by receiving contributions and subsequently allocating them accordingly.

Who is the CEO of Minnesota Valley Electric Trust?

Unavailable

What is the revenue of Minnesota Valley Electric Trust?

Minnesota Valley Electric Trust's revenue in 2022 was $157,779.

Who are the executives of Minnesota Valley Electric Trust and what are their salaries?


Here are 9 key members and their salaries:


John Miller (President & Director)
  • Compensation: $400
  • Related: $0
  • Other: $0
Dwayne Glenn (Vice President & Director)
  • Compensation: $400
  • Related: $0
  • Other: $0
Connie Meeker (Secretary/Treasurer & Dire)
  • Compensation: $400
  • Related: $0
  • Other: $0
Carolyn Christopherson (Director)
  • Compensation: $400
  • Related: $0
  • Other: $0
Carol Ragan (Director)
  • Compensation: $300
  • Related: $0
  • Other: $0
Richard Peterson (Director)
  • Compensation: $400
  • Related: $0
  • Other: $0
Jeanne Zwart (Director)
  • Compensation: $400
  • Related: $0
  • Other: $0
Diana Brenke (Director)
  • Compensation: $400
  • Related: $0
  • Other: $0
Paul Jocobus (Director)
  • Compensation: $400
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Minnesota Valley Electric Trust?

Minnesota Valley Electric Trust's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Minnesota Valley Electric Trust

Minnesota Valley Electric Trust is an organization dedicated to disbursing funds for charitable and educational purposes. Their primary objective is to receive contributions and subsequently distribute them for these noble causes. The trust's mission is to contribute positively to various sectors, specifically those focused on education and social welfare, by providing financial support. As a responsible steward of the funds it receives, Minnesota Valley Electric Trust is committed to ensuring that these resources are utilized effectively and efficiently for the betterment of the communities they serve.

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Impact




October, 2024

Minnesota Valley Electric Trust significantly impacts its community by providing financial support for charitable and educational initiatives. By disbursing funds to various programs, it enables opportunities for growth and development within the community, fostering a culture of philanthropy. In its mission, the Trust receives contributions and has allocated resources efficiently, including $9,100 in donated administrative services. This capacity allows the organization to support a wide range of projects, enhancing educational resources and charitable activities in Jordan, MN, and surrounding areas. Through its efforts, Minnesota Valley Electric Trust promotes positive change and enriches lives, making it a vital contributor to the well-being of its community.




This information is meant to be a general summary of Minnesota Valley Electric Trust. 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.

Revenue
$157,779 (2022)
Expenses
$152,887 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $57
  • Gross Receipts: $157,779

Assets and Liabilities:

  • Total Assets: $56,890
  • Total Liabilities: $0
  • Net Assets: $56,890

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Organization Details

Main Address

125 MINNESOTA VALLEY ELECTRIC DR, JORDAN, MN, 55352

NTEE Category

Code: T30Z - Philanthropy

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