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Minnesota Ffa Foundation Inc

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

EIN: 416038263 ✦ Plainview, MN ✦ Designated as a 501(c)(3)

Overview

What is Minnesota Ffa Foundation Inc?

Minnesota Ffa Foundation Inc is a nonprofit organization, located in PLAINVIEW, Minnesota (55964). Their primary mission is to provide financial aid and support to the Future Farmers of America (FFA) programs and students in Minnesota. They offer scholarships to university students majoring in agricultural education, students attending the Washington Leadership conference, and students studying international agriculture. In 2021, 40 students received scholarships, and annually, funds are allocated to provide new FFA members with official jackets. Over 500 students received jackets in 2022. The organization has a modest team of two dedicated individuals.


Official website here: www.mnffafoundation.org

Is Minnesota Ffa Foundation Inc legitimate?

Minnesota Ffa Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Minnesota Ffa Foundation 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.

Here are some key statistics you may want to consider:

Executive Compensation: $166,020
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.mnffafoundation.org

What is the mission statement of Minnesota Ffa Foundation Inc?

The Minnesota FFA Foundation Inc's mission is centered around providing financial aid. Specifically, it aims to support Future Farmers of America (FFA) programs and students in Minnesota. This is achieved through various means, such as offering scholarships to university students majoring in agricultural education, supporting participants in the Washington Leadership conference, and providing financial assistance for international agriculture studies. Furthermore, the foundation distributes funds annually to provide new FFA members with official FFA jackets. In 2022, 540 students received these jackets.


Official website here: www.mnffafoundation.org

Who is the CEO of Minnesota Ffa Foundation Inc?

Staci Martin is the Treasurer of Minnesota Ffa Foundation Inc.


Official website here: www.mnffafoundation.org

What is the revenue of Minnesota Ffa Foundation Inc?

Minnesota Ffa Foundation Inc's revenue in 2022 was $559,649.


Official website here: www.mnffafoundation.org

Who are the executives of Minnesota Ffa Foundation Inc and what are their salaries?

The average compensation at Minnesota Ffa Foundation Inc during 2022 was $83,010. There are 2 employees and 50 volunteers at Minnesota Ffa Foundation Inc.

Here are 24 key members and their salaries:

    Val Aarsvold (Executive Dir.) [Trustee/Director]
  • Compensation: $93,020
  • Related: $0
  • Other: $0

    • Amanda Sommers (Program Coord) [Trustee/Director]
  • Compensation: $73,000
  • Related: $0
  • Other: $0

    • Jessica Daberkow (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peter Grundman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jenny Doering (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Natasha Mortenson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Jirik (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Emma Kuball (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Gary Sloan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bruce Mathiowetz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patrice Bailey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jasmine Stringer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nathan Purrington (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mat Vaupel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Zane Sheehan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Julie Tesch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gary Wertish (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lavyne Rada (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pat Dingels (Chair Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lara Durben (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Staci Martin (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paula Mohr (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Valerie Velde (Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.mnffafoundation.org

    Where can I find the form 990 for Minnesota Ffa Foundation Inc?

    The Minnesota Ffa Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.mnffafoundation.org

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

    Mission Statement of Minnesota Ffa Foundation Inc

    Minnesota FFA Foundation Inc plays a significant role in supporting the Future Farmers of America (FFA) programs and students within Minnesota. Their mission, in essence, is to offer financial assistance to these educational initiatives and young individuals pursuing agricultural studies. They provide scholarships to university students majoring in agricultural education, allowing them to further their projects or education. The foundation also supports students participating in the Washington Leadership conference and those studying international agriculture. In 2021, 40 students benefited from these scholarships. Furthermore, Minnesota FFA Foundation Inc contributes annually to provide new FFA members with official FFA jackets, with 540 students receiving them in 2022. This nonprofit organization's contributions significantly enhance the FFA experience for numerous students, fostering their development in the agricultural field.

    Impact

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




    Wednesday, July 24, 2024

    Minnesota FFA Foundation Inc's impact is significant in providing financial support to Future Farmers of America (FFA) programs and students in Minnesota. Through scholarships, the foundation empowers students to advance their agricultural education and projects. In 2021, the foundation awarded varying amounts of scholarship funds to university students majoring in agricultural education, supported students attending the Washington Leadership conference, and assisted those studying international agriculture. A total of 40 students benefited from these scholarships. Additionally, thousands of dollars are provided annually to supply new FFA members with official FFA jackets. In 2022, 540 students received jackets through this program, further enhancing the opportunities available to FFA students in Minnesota.





    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 2022.

  • Investment Income: $-172,801
  • Program Service Revenue: $0
  • Gross Receipts: $592,295

    • Assets and Liabilities:
  • Total Assets: $3,710,013
  • Total Liabilities: $0
  • Net Assets: $3,710,013
  • Organization Details

    Founding Year

    1953

    Principal Officer

    Staci Martin

    Main Address

    PO BOX 365, PLAINVIEW, MN, 55964

    NTEE Category

    Code: B99Z - Education

    If you are a representative of Minnesota Ffa Foundation Inc 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.