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Ridgewater College Foundation

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

EIN: 411847315 ✦ Willmar, MN ✦ Designated as a 501(c)(3)

Overview

What is Ridgewater College Foundation?

The Ridgewater College Foundation is a nonprofit organization situated in Willmar, Minnesota, specifically at 2101 15th Avenue NW, 56201. Its primary purpose is to enhance educational opportunities and promote academic excellence at Ridgewater College. This is achieved through annual and capital fundraising campaigns, which generate funds for scholarships for students and program support for various college departments and initiatives. The Foundation's mission extends beyond financial assistance, providing overall community support for the college.


Official website here: www.ridgewater.edu

Is Ridgewater College Foundation legitimate?

Ridgewater College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ridgewater College 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.

Here are some key statistics you may want to consider:

Executive Compensation: $42,703
Professional Fundraising Fees: $0
Other Salaries and Wages: $101,169

For more financial information, click here


Official website here: www.ridgewater.edu

What is the mission statement of Ridgewater College Foundation?

The Ridgewater College Foundation's mission is centered around expanding educational opportunities and enhancing academic excellence at Ridgewater College. This is achieved through various financial and community support initiatives. The foundation accomplishes its mission primarily through annual and capital fundraising campaigns. These campaigns aim to raise funds for scholarships for students and provide program support for various college departments and programs. In essence, the Ridgewater College Foundation seeks to bolster the educational experience and achievements at Ridgewater College.


Official website here: www.ridgewater.edu

Who is the CEO of Ridgewater College Foundation?

Diane Knorr is the Foundation M of Ridgewater College Foundation.


Official website here: www.ridgewater.edu

What is the revenue of Ridgewater College Foundation?

Ridgewater College Foundation's revenue in 2023 was $2,719,233.


Official website here: www.ridgewater.edu

Who are the executives of Ridgewater College Foundation and what are their salaries?

The average compensation at Ridgewater College Foundation during 2023 was $143,872. There are 1 employees at Ridgewater College Foundation.

Here are 14 key members and their salaries:

    Kelly Magnuson (Foundation M)
  • Compensation: $31,013
  • Related: $93,040
  • Other: $0

    • Mandy Baldry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Amber Erickson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Beth Gasser (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stu Giere (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kristi Haefner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shane Johnson (Vice Preside) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Erika Kellen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Diane Knorr (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Colleen Thompson Michaels (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joe Nelson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Leslie Valiant (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Mike Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.ridgewater.edu

    Where can I find the form 990 for Ridgewater College Foundation?

    The Ridgewater College Foundation’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.ridgewater.edu

    Learn more at the official website: www.ridgewater.edu

    Mission Statement of Ridgewater College Foundation

    The Ridgewater College Foundation is dedicated to expanding educational opportunities and enhancing academic excellence at Ridgewater College. They accomplish this mission by providing financial and community support. This is achieved through their annual and capital fundraising campaigns, which raise funds for scholarships for students and program support for various college departments and programs. In essence, the foundation aims to contribute to the betterment of Ridgewater College by providing financial aid and backing for its students and academic initiatives.

    Impact

    This information is meant to be a general summary of Ridgewater College Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Ridgewater College Foundation plays a crucial role in expanding educational opportunities and enhancing academic excellence at Ridgewater College. Through its annual and capital fundraising campaigns, the foundation raises funds to provide scholarships for students and support college departments and programs. This support includes scholarships, in-kind gifts, and funding for various college initiatives. By investing in education and fostering community engagement, Ridgewater College Foundation positively impacts the lives of students and the overall academic environment at Ridgewater College in Willmar, MN.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $120,960
  • Program Service Revenue: $0
  • Gross Receipts: $3,410,240

    • Assets and Liabilities:
  • Total Assets: $4,096,939
  • Total Liabilities: $244,488
  • Net Assets: $3,852,451
  • Organization Details

    Principal Officer

    Diane Knorr

    Main Address

    2101 15TH AVE NW, WILLMAR, MN, 56201

    NTEE Category

    Code: B82B - Education

    If you are a representative of Ridgewater College Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.