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New Ulm's Own

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

EIN: 820943422 ✦ New ulm, MN ✦ Designated as a 501(c)(3)

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Overview

What is New Ulm's Own?

New Ulm's Own is a nonprofit organization dedicated to empowering artisans and entrepreneurs in underdeveloped regions worldwide, enabling them to achieve self-sufficiency. The organization's primary goal is to provide necessary support, and any excess funds are channeled towards local charities that aid marginalized women in the community. By fostering the growth of these craftsmen and women, New Ulm's Own contributes to their financial independence, thereby uplifting their lives and communities.


Official website here: www.newulmsown.yolasite.com

Is New Ulm's Own legitimate?

New Ulm's Own is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Ulm's Own 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.


Official website here: www.newulmsown.yolasite.com

What is the mission statement of New Ulm's Own?

The primary objective of New Ulm's Own is to aid in the self-sufficiency of craftsmen and entrepreneurs in developing countries. This organization's mission extends beyond just providing support; it aims to empower these individuals to become financially independent. Any excess funds generated are then channeled towards supporting local non-profit organizations that focus on assisting marginalized women.


Official website here: www.newulmsown.yolasite.com

Who is the CEO of New Ulm's Own?

Mary Jean Hinsman is the President of New Ulm's Own.


Official website here: www.newulmsown.yolasite.com

What is the revenue of New Ulm's Own?

New Ulm's Own's revenue in 2021 was $29,289.


Official website here: www.newulmsown.yolasite.com

Who are the executives of New Ulm's Own and what are their salaries?


Here are 6 key members and their salaries:


Barb Olson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bernice Schmitz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Jean Hinsman (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Kluge (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vickie Sieve (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peg Sundell (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.newulmsown.yolasite.com

Where can I find the form 990EZ for New Ulm's Own?

New Ulm's Own's most recent form 990EZ was submitted in 2021 and can be accessed here.


Official website here: www.newulmsown.yolasite.com

Learn more at the official website: www.newulmsown.yolasite.com

Mission Statement of New Ulm's Own

New Ulm's Own is a nonprofit organization with a primary mission to aid craftsmen and entrepreneurs in developing countries. By offering support, its goal is to help these individuals become self-sufficient. Once their operations are stable, any excess funds are then directed towards local non-profit organizations that focus on uplifting marginalized women. This multi-faceted approach allows New Ulm's Own to contribute to both economic development and social empowerment in different parts of the world. In addition, the organization demonstrates a commitment to supporting its own community by channeling surplus resources towards local charities that advocate for the welfare of disadvantaged women.

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Impact




August, 2024

New Ulm's Own's impact lies in empowering craftspeople and entrepreneurs in developing countries to achieve self-sufficiency. By providing support to these individuals, the organization contributes to economic development and empowerment in communities that may otherwise struggle. Additionally, by distributing excess funds to local nonprofits that support marginalized women, New Ulm's Own extends its impact to those facing social and economic challenges closer to home. Through its focus on arts and entrepreneurship, this organization plays a crucial role in fostering sustainable livelihoods and supporting women's empowerment on a global and local scale.




This information is meant to be a general summary of New Ulm's Own. 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
$29,289 (2021)
Expenses
$8,673 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Gross Receipts: $42,808

Assets and Liabilities:

  • Total Assets: $20,431
  • Total Liabilities: $371
  • Net Assets: $20,060

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Organization Details

Principal Officer

Mary Jean Hinsman

Main Address

212 N MINNESOTA ST, NEW ULM, MN, 560731746

NTEE Category

Code: A20 - Arts

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