Overview
What is Owatonna Foundation Inc?
Owatonna Foundation Inc is a nonprofit based in Owatonna, Minnesota, with a postal address at PO Box 642. Its primary mission is to distribute financial grants to various 501(c)(3) organizations within the Steele County area. These funds are intended for purchasing equipment, making improvements, and contributing to initiatives that promote community betterment, education, health, literature, recreation, science, music, or culture for the local residents. Additionally, the foundation offers scholarships to high school students residing in the same region. With a team of three dedicated individuals, Owatonna Foundation Inc plays a significant role in supporting local non-profit agencies and fostering educational opportunities for the youth.
Official website here: www.owatonnafoundation.org
Is Owatonna Foundation Inc legitimate?
Owatonna Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Owatonna 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: $50,764
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,273
For more financial information, click here
Official website here: www.owatonnafoundation.org
What is the mission statement of Owatonna Foundation Inc?
The Owatonna Foundation Inc's mission is centered around providing financial assistance to non-profit organizations. specifically located in a certain county. These grants are utilized for the acquisition of property and equipment. Additionally, the foundation offers scholarships to local high school students. Beyond this, the foundation extends its support to other 501(c)(3) organizations, helping them purchase necessary equipment and make improvements within their communities, benefiting the residents in various sectors such as education, health, literature, recreation, science, music, and culture.
Official website here: www.owatonnafoundation.org
Who is the CEO of Owatonna Foundation Inc?
Thomas Dufresne is the President of Owatonna Foundation Inc.
Official website here: www.owatonnafoundation.org
What is the revenue of Owatonna Foundation Inc?
Owatonna Foundation Inc's revenue in 2022 was $562,340.
Official website here: www.owatonnafoundation.org
Who are the executives of Owatonna Foundation Inc and what are their salaries?
The average compensation at Owatonna Foundation Inc during 2022 was $20,346. There are 3 employees and 3 volunteers at Owatonna Foundation Inc.
Here are 25 key members and their salaries:
- Angela Gonzales (Executive Se) [Trustee/Director]
- William Beer (Trustee)
- Brian Bunkers (Trustee)
- Kim Cosens (Trustee)
- Gregg Draeger (Trustee)
- David Einhaus (Trustee)
- Todd Hale (Trustee)
- Bob Heers (Trustee)
- Michael Jensen (Trustee)
- Chadwick Lange (Trustee)
- Josh Meillier (Trustee)
- Jolayne Mohs (Trustee)
- Carol Nelson (Trustee)
- Peng Olson (Trustee)
- Judy Plemel (Trustee)
- Dennis Von Ruden (Trustee)
- David Seykora (Trustee)
- Ray Stawarz (Trustee)
- Todd Trout (Trustee)
- Dean Velzke (Trustee)
- Brandon Wayne (Trustee)
- Bob Wottreng (Trustee)
- Thomas Dufresne (President)
- Andy Michaletz (Secretary-Tr)
- Dave Ramsey (Vice-Preside)
Official website here: www.owatonnafoundation.org
Where can I find the form 990 for Owatonna Foundation Inc?
The Owatonna Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.owatonnafoundation.org
Learn more at the official website: www.owatonnafoundation.org
Mission Statement of Owatonna Foundation Inc
The Owatonna Foundation Inc is committed to supporting various non-profit organizations within its community by providing financial grants. Its primary objective is to assist these agencies in acquiring necessary property and equipment. The foundation also extends its generosity to local high school students by offering scholarships. By doing so, the Owatonna Foundation Inc aims to contribute to the betterment of its community, supporting initiatives that fall under educational, health, literary, recreational, scientific, musical, or cultural categories, benefiting the residents of the Steele County area.
Impact
This information is meant to be a general summary of Owatonna Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Wednesday, July 24, 2024
Owatonna Foundation Inc's impact can be seen through its provision of money grants to non-profit agencies in Steele County, enabling them to acquire property and equipment. Additionally, the foundation offers scholarships to local high school students, contributing to the educational opportunities in the area. By directing funds towards community betterment, education, health, and other beneficial areas, Owatonna Foundation Inc plays a significant role in enhancing the quality of life for residents in the Steele County area.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Organization Details
Founding Year
1957
Phone
(507) 455-2995
Principal Officer
Thomas Dufresne
Main Address
PO BOX 642, OWATONNA, MN, 55060
Website
www.owatonnafoundation.org
NTEE Category
Code: B82Z - Education
If you are a representative of Owatonna 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.