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Hastings Public Schools Foundation

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

EIN: 411880438 ✦ Hastings, MN ✦ Designated as a 501(c)(3)

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Overview

What is Hastings Public Schools Foundation?

Hastings Public Schools Foundation is a nonprofit organization situated in Hastings, Minnesota. Its primary mission is to enhance educational experiences within the Hastings, Minnesota, public schools. To achieve this goal, the foundation has established an endowment fund, aiming to preserve its capital, generate steady income, and foster long-term growth. As of December 31, 2004, the fund surpassed its initial 1 million dollar goal. Since 2005, a portion of the income generated from this fund has been allocated to District 200 educators, supporting programs that promote and enrich educational opportunities. In 2022, specific program expenses included scholarships amounting to 12,950 dollars.


Official website here: www.hastingspsf.org

Is Hastings Public Schools Foundation legitimate?

Hastings Public Schools Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hastings Public Schools 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.hastingspsf.org

What is the mission statement of Hastings Public Schools Foundation?

The Hastings Public Schools Foundation's mission is to enrich educational experiences within the public schools. To achieve this, they have built a permanent endowment fund with the initial goal of 1 million dollars, which was surpassed by December 31, 2004. The fund is invested to preserve its capital, generate steady income, and promote long-term growth. A portion of the income is disbursed annually to educators within the district for programs that enhance educational opportunities. For instance, in 2022, specific program expenses included scholarships worth 12,950 dollars.


Official website here: www.hastingspsf.org

Who is the CEO of Hastings Public Schools Foundation?

Jean Langlais is the Board Member of Hastings Public Schools Foundation.


Official website here: www.hastingspsf.org

What is the revenue of Hastings Public Schools Foundation?

Hastings Public Schools Foundation's revenue in 2022 was $62,244.


Official website here: www.hastingspsf.org

Who are the executives of Hastings Public Schools Foundation and what are their salaries?

There 12 volunteers at Hastings Public Schools Foundation.


Here are 10 key members and their salaries:


Leon Endres (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Chris Johnston (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jean Langlais (Treasurer/Se)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rita Molitor (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jake Moore (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leslie Nielsen (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Reissner (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joyce Sieben (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Suebert (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Welshons (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.hastingspsf.org

Where can I find the form 990 for Hastings Public Schools Foundation?

Hastings Public Schools Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.hastingspsf.org

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

Mission Statement of Hastings Public Schools Foundation

The Hastings Public Schools Foundation's mission is centered around enriching educational experiences within the Hastings, Minnesota, public schools. This organization strives to achieve this goal by building a permanent endowment fund with an initial target of 1 million dollars. As of December 31, 2004, the fund surpassed this initial goal. The fund is invested to preserve its capital, generate steady income, and promote long-term growth. A portion of the income generated from this fund is then disbursed annually to educators within District 200, enabling them to implement programs that foster and enhance educational opportunities within the Hastings, Minnesota, public schools. In 2022, specific program expenses included scholarships totaling 12,950 dollars.

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Impact




October, 2024

The Hastings Public Schools Foundation significantly enriches educational experiences within the Hastings, Minnesota public schools. By successfully establishing an endowment fund that exceeded its initial goal of $1 million, the foundation provides consistent financial support to educators and students. This financial backing enables the funding of innovative programs and initiatives that enhance academic opportunities.

Starting in 2005, the foundation has distributed a portion of the endowment's income to District 200 educators, allowing them to implement programs that foster creativity and deepen learning. For example, in 2022, specific program expenses included scholarships totaling $12,950, directly aiding students in their educational pursuits. By investing in the growth and development of educational resources and opportunities, the Hastings Public Schools Foundation plays a crucial role in shaping a rich and diverse learning environment for the community.




This information is meant to be a general summary of Hastings Public Schools Foundation. 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
$62,244 (2022)
Expenses
$20,178 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $35,303
  • Gross Receipts: $62,244

Assets and Liabilities:

  • Total Assets: $2,088,268
  • Total Liabilities: $0
  • Net Assets: $2,088,268

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Organization Details

Founding Year

1997

Principal Officer

Jean Langlais

Main Address

1807 MARKET BLVD - PMB 335, HASTINGS, MN, 55033

NTEE Category

Code: B82 - Education

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