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Albert Lea Public Education Foundation

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

EIN: 411989284 ✦ Albert lea, MN ✦ Designated as a 501(c)(3)

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Overview

What is Albert Lea Public Education Foundation?

The Albert Lea Public Education Foundation is a nonprofit organization situated in Albert Lea, Minnesota. Their primary mission is to support the students of District 241 by recognizing educational needs and providing financial assistance. They achieve this by establishing permanent endowments and securing funding for the establishment and upkeep of new programs. The foundation has demonstrated its commitment by granting funds to the Albert Lea School District and offering scholarships to students venturing into higher education.


Official website here: www.efal-us.org

Is Albert Lea Public Education Foundation legitimate?

Albert Lea Public Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Albert Lea Public Education 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.efal-us.org

What is the mission statement of Albert Lea Public Education Foundation?

The Albert Lea Public Education Foundation's mission is centered around serving the students of District 241. The organization identifies educational needs and provides financial support to address these needs. This is achieved by creating permanent endowments and developing funding for the creation and maintenance of new programs. The foundation's primary goal is to enhance the educational experience for students, contributing to their overall development and success. The Albert Lea Public Education Foundation has also been instrumental in providing grants to the Albert Lea School District and scholarships to students heading to college.


Official website here: www.efal-us.org

Who is the CEO of Albert Lea Public Education Foundation?

Neal Skaar is the Chair of Albert Lea Public Education Foundation.


Official website here: www.efal-us.org

What is the revenue of Albert Lea Public Education Foundation?

Albert Lea Public Education Foundation's revenue in 2022 was $192,398.


Official website here: www.efal-us.org

Who are the executives of Albert Lea Public Education Foundation and what are their salaries?

There 12 volunteers at Albert Lea Public Education Foundation.


Here are 12 key members and their salaries:


Neal Skaar (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Nelson (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Tufte (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Abby Leach (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Kirchner (Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Peterson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Dorman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Hatland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Nelson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Frame (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janelle Koepke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Rowe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.efal-us.org

Where can I find the form 990 for Albert Lea Public Education Foundation?

Albert Lea Public Education Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.efal-us.org

Learn more at the official website: www.efal-us.org

Mission Statement of Albert Lea Public Education Foundation

The Albert Lea Public Education Foundation is dedicated to serving the students of District 241 by identifying educational needs and providing financial support. They achieve this by establishing permanent endowments and developing funding for the creation and maintenance of new programs. This nonprofit organization's mission is to enhance the educational experience of students in District 241, ensuring they have access to the resources they need to succeed. Through this mission, they have provided grants to the Albert Lea School District and scholarships to students pursuing higher education. By investing in the future of its students, the Albert Lea Public Education Foundation is playing a crucial role in shaping the educational landscape and fostering a generation of well-equipped individuals.

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Impact




October, 2024

The Albert Lea Public Education Foundation significantly enhances the educational landscape for students in District 241 by identifying critical educational needs and providing crucial financial support. By establishing permanent endowments and developing funding for new program creation and maintenance, the foundation plays a pivotal role in enriching the educational experience.

Through the provision of several grants to the Albert Lea School District, the foundation helps to fund innovative programs and resources that might otherwise be unavailable. Additionally, it offers scholarships to students entering college, facilitating access to higher education and supporting their academic ambitions. Its impact is felt not only in the immediate support for programs but also in the long-term benefits that these investments in education bring to the community, fostering a culture of learning and opportunity in Albert Lea, MN.




This information is meant to be a general summary of Albert Lea Public Education 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
$192,398 (2022)
Expenses
$173,886 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $25,091
  • Gross Receipts: $192,398

Assets and Liabilities:

  • Total Assets: $3,007,622
  • Total Liabilities: $0
  • Net Assets: $3,007,622

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Organization Details

Founding Year

2000

Principal Officer

Neal Skaar

Main Address

PO BOX 828, ALBERT LEA, MN, 56007

NTEE Category

Code: B94 - Education

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