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Alex Johnson Memorial Fund Inc

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

EIN: 731701523 ✦ Grant, MN ✦ Designated as a 501(c)(3)

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Overview

What is Alex Johnson Memorial Fund Inc?

The Alex Johnson Memorial Fund Inc, based in an undisclosed location, is a nonprofit organization dedicated to supporting the academic pursuits of Mahtomedi High School graduates. They accomplish this by offering scholarships to eligible students, thereby contributing to their post-secondary education. Occasionally, the fund extends its support to other school initiatives, such as athletic teams or science projects. As of the provided information, they granted scholarships amounting to $33,000 to 25 recipients.

Is Alex Johnson Memorial Fund Inc legitimate?

Alex Johnson Memorial Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alex Johnson Memorial 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:

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

For more financial information, click here

What is the mission statement of Alex Johnson Memorial Fund Inc?

The Alex Johnson Memorial Fund Inc's primary purpose is to aid in the post-secondary education of graduates from Mahtomedi High School. This is achieved by granting scholarships. Occasionally, the fund extends its support to other school programs, such as athletic teams or science projects. In the recent year, the fund disbursed $33,000 to 25 scholarship recipients. The foundation's mission is centered around fostering the higher education of its community's youth and occasionally assisting in the development of school programs.

Who is the CEO of Alex Johnson Memorial Fund Inc?

Glenn E Johnson is the Vice President of Alex Johnson Memorial Fund Inc.

What is the revenue of Alex Johnson Memorial Fund Inc?

Alex Johnson Memorial Fund Inc's revenue in 2022 was $19,228.

Who are the executives of Alex Johnson Memorial Fund Inc and what are their salaries?


Here are 4 key members and their salaries:


Justin A Johnson (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nathan T Johnson (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle L Couture (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glenn E Johnson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Alex Johnson Memorial Fund Inc?

Alex Johnson Memorial Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Alex Johnson Memorial Fund Inc

The Alex Johnson Memorial Fund Inc is committed to supporting the post-secondary education of graduates from Mahtomedi High School. This nonprofit organization achieves this mission by granting scholarships to deserving students. Beyond education, the fund also extends its support to various school programs, such as athletic teams and science projects, on occasion. By offering these scholarships and additional aid, the Alex Johnson Memorial Fund Inc plays a crucial role in helping young individuals pursue their academic goals and further their education. The organization has shown its commitment to this mission by distributing $33,000 in scholarships to 25 recipients.

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Impact




August, 2024

The Alex Johnson Memorial Fund Inc positively impacts the post-secondary education opportunities of Mahtomedi High School graduates by granting scholarships. Additionally, the foundation occasionally supports other school programs, such as athletic teams or science projects. In the latest reported period, the foundation disbursed $33,000 to 25 scholarship recipients, furthering its mission to provide educational support to students in need.




This information is meant to be a general summary of Alex Johnson Memorial 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.

Revenue
$19,228 (2022)
Expenses
$33,025 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $9,438
  • Gross Receipts: $19,228

Assets and Liabilities:

  • Total Assets: $597,145
  • Total Liabilities: $0
  • Net Assets: $597,145

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Organization Details

Founding Year

2005

Principal Officer

Glenn E Johnson

Main Address

10220 Jamaca Ave N, Grant, MN, 55115

NTEE Category

Code: B82 - Education

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