Skip to content
Nonprofiteer
← ANOKA RAMSEY COMMUNITY COLLEGE FOUNDATION

Form 990 for tax year 2022

Filed by ANOKA RAMSEY COMMUNITY COLLEGE FOUNDATION.

Totals

Total revenue
$485,194
Total expenses
$465,149
Contributions and grants received
$455,194
Grants paid
$279,629
Program service revenue
$0
Investment income
$32,280
Other revenue
-$2,280
Total assets, end of year
$1,851,065
Total liabilities, end of year
$12,838
Net assets or fund balances, end of year
$1,838,227
Program services expenses (Part IX)
$292,579
Management and general expenses
$105,588
Fundraising expenses
$66,982
Program service expenses (Part III)
$292,579

Program services were 62.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $6,100

  • 1d · Related organizations

    $166,699

  • 1f · All other contributions, gifts and grants

    $282,395

  • 1g · Noncash contributions included above

    $65,104

  • 3 · Investment income

    total $30,899 · excluded $30,899

  • 7a · Gross sales of assets other than inventory

    securities $96,916

  • 7b · Less cost or other basis and sales expenses

    securities $95,535

  • 7c · Gain or loss

    securities $1,381

  • 7d · Net gain or loss

    total $1,381 · excluded $1,381

  • 8a · Fundraising events: gross income

    $0

  • 8a · Fundraising events: contributions included on line 1c

    $6,100

  • 8b · Fundraising events: direct expenses

    $2,280

  • 8c · Net income from fundraising events

    total -$2,280 · excluded -$2,280

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $279,629 · program services $279,629

  • 7 · Other salaries and wages

    total $105,149 · program services $8,066 · management and general $46,787 · fundraising $50,296

  • 11c · Fees: accounting

    total $24,474 · management and general $24,474

  • 11f · Fees: investment management

    total $5,076 · management and general $5,076

  • 11g · Fees: other

    total $2,070 · management and general $2,070

  • 13 · Office expenses

    total $4,236 · management and general $357 · fundraising $3,879

  • 14 · Information technology

    total $11,227 · management and general $11,227

  • 23 · Insurance

    total $804 · management and general $804

  • 24a · Other expenses: MISCELLANEOUS

    total $30,020 · program services $2,420 · management and general $14,793 · fundraising $12,807

  • 24b · Other expenses: CATERING

    total $2,464 · program services $2,464

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $818,179 · end of year $786,093

  • 11 · Investments: publicly traded securities

    beginning of year $976,402 · end of year $1,064,972

  • 17 · Accounts payable and accrued expenses

    beginning of year $49,515 · end of year $12,838

  • 27 · Net assets without donor restrictions

    beginning of year $203,499 · end of year $234,427

  • 28 · Net assets with donor restrictions

    beginning of year $1,541,567 · end of year $1,603,800

Mission and programs · 2022

Mission

THE MISSION OF THE ANOKA-RAMSEY COMMUNITY COLLEGE FOUNDATION IS TO BUILD FRIENDSHIPS AND FUNDS TO ENRICH STUDENTS' LIVES BY MAXIMIZING PRIVATE GIFT SUPPORT OF THE STUDENTS AND THE COLLEGE THROUGH STUDENT SCHOLARSHIPS AND SUPPORTING PROGRAMS FOR STUDENTS.

Activities or mission (Part I)

ENRICH STUDENTS THROUGH SCHOLARSHIPS AND PROGRAM SUPPORT.

  • THE ANOKA-RAMSEY COMMUNITY COLLEGE FOUNDATION AWARDED MULTIPLE SCHOLARSHIPS AND GRANTS TO CURRENT STUDENTS OF OUR CAMPUS. SCHOLARSHIPS WERE AWARDED BY THE ALLOCATIONS COMMITTEE OF THE BOARD OF DIRECTORS. GRANTS WENT TO STUDENTS UNDER THE PROGRAM REFERRED TO AS RANDOM ACTS OF KINDNESS WHICH IS DESIGNED FOR EMERGENCIES THAT WOULD KEEP CURRENTLY ENROLLED STUDENTS FROM COMPLETING THEIR EDUCATION. INCLUDING BOTH SCHOLARSHIP AND GRANTS, ANOKA-RAMSEY COMMUNITY COLLEGE FOUNDATION MADE AWARDS OF $109,950 TO SCHOLARSHIP RECIPIENTS, $104,575 IN RANDOM ACTS OF KINDNESS GRANTS TO STUDENTS AND $65,104 OF IN-KIND MATERIALS TO THE COLLEGE.

    Expenses $292,579 · Grants $279,629

As filed on the 2022 return.

Listed in Part VII

  • Lora Anderson

    CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Tyler Eubank

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Scott Hudson

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • James Hansen

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Elizabeth Christensen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Pamela Demmer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Bob Ebsen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Timothy Fischer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Sandi Hitch

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jared Keeney

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Nick Loehlein

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Todd Olson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jason Tjosvold

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jamie Barthel

    EXECUTIVE DIRECTOR

    Total calculated
    $144,677
    From this org
    $0
    From related orgs
    $109,686
    Other
    $34,991
    Hours/week
    3.2 + 36.8 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

  • ANOKA-RAMSEY COMMUNITY COLLEGE

    $214,525

    SCHOLARSHIPS AND PROGRAMMING

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • ANOKA-RAMSEY COMMUNITY COLLEGE

    501(C)(3) · EDUCATIONAL INSTITUTION · MN

Provenance

Return type
form_990
Tax year
2022
Filed
19 April 2024
IRS schema version
2022v5.0
Source object
202421169349300617

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.