The Ely Community Resource INC

Tax-deductible

Ely, MN501(c)(3)EIN 41-1333048Revenue $367K in FY2024

On file with the IRSelycommunityresource.org111 S 4th Ave E Ste 3, 55731-2237 · Ely, MNTax-exempt since Mar 1980Publicly supported charity — 170(b)(1)(A)(vi)

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Volunteer services; Community education; individual & youth group support services; consulting and technical support

501(c)(3) charity; gifts are tax-deductible.
81¢ of each $1 spent went to programs.
Run by 24 volunteers and 6 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

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FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $5K a year · 2% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
81%
of spending
Looks good: 81% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$56K
to officers and key staff · 16% of spending
Fine: pay to officers and key staff is 16% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
6 mo
of spending, in cash
Looks good: 6.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
5
named funders · $71K
Looks good: 5 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$54K
27% of total assets
Looks good: liabilities are 27% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$367K
+11% vs prior year
Spent
$352K
To programs
81%
Net assets
$149K
By yearFY2020–FY2024
Revenue
$367K
FY2024▲ +11%
Tap a bar for its year
Revenue by fiscal year
FY2020$287K
FY2021$236K
FY2022$319K
FY2023$332K
FY2024$367K
Expenses
$352K
FY2024+0.3%
Tap a bar for its year
Expenses by fiscal year
FY2020$243K
FY2021$260K
FY2022$308K
FY2023$351K
FY2024$352K
Net assets
$149K
FY2024▲ +11%
Tap a bar for its year
Net assets by fiscal year
FY2020$166K
FY2021$142K
FY2022$153K
FY2023$134K
FY2024$149K

From the FY2024 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 1980.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

81 cents of each dollar spent went to programs.

Program services 81% · $285K Management & general 10% · $35K Fundraising 9% · $32K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

11 people listed on the 990; $56K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$55,940Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Julie Hignell—$61,330$56,905$44,365$49,882
Jill Swanson$55,940————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See The Ely Community Resource INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides volunteer services, community education, and support for individuals and youth groups.

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Provided by the organization

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1 program · $285K · in their own filed words · FY2024
01

Youth and Family programs/services, volunteeropportunities and community education

$285Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 5 funders →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$367K
Ln 12
Gifts and grantsLn 1h$317K
Other incomeLn 4–11$48K
Investment incomeLn 3$2K
Money outPt IX
$352K
Ln 25
Programscol B$285K
Managementcol C$35K
Fundraisingcol D$32K
Owns and owesPt X
$149K
net assets · Ln 32
Cash and savingsLn 1–2$190K
Total assetsLn 16$203K
LiabilitiesLn 26$54K
PeoplePt VI, VII
11
listed · VII A
PaidVII A1
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$317K
Government grantsLn 1e$116K
Investment incomeLn 3$2K
Other incomeLn 4–11$48K
Total revenueLn 12$367K
Assets in detailPt X, end of year
CashLn 1$150K
SavingsLn 2$40K
Cash and savings togetherLn 1–2$190K
Land, buildings, equipmentLn 10c$6K
Total assetsLn 16$203K
LiabilitiesLn 26$54K
Net assetsLn 32$149K
OperationsPt I, VI
EmployeesI 56
VolunteersI 624
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$93K$190K
Land, buildings, equipmentLn 10c$8K$6K
Total assetsLn 16$141K$203K
LiabilitiesLn 26$7K$54K
Net assetsLn 32$134K$149K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$56K$45K$6K$5K
Other salaries and wagesLn 7$226K$183K$23K$20K
Pension plan contributionsLn 8$4K$3K$389$350
Other employee benefitsLn 9$4K$3K$381$343
Payroll taxesLn 10$21K$17K$2K$2K
Accounting feesLn 11c$525$425$53$47
Office expensesLn 13$2K$2K$193$174
OccupancyLn 16$13K$11K$1K$1K
TravelLn 17$311$252$31$28
Conferences, conventions and meetingsLn 19$465$376$47$42
Depreciation, depletion and amortizationLn 22$2K$2K$212$190
InsuranceLn 23$10K$8K$1K$939
Other expenses (24a–d)Ln 24$13K$10K$1K$1K
Total functional expensesLn 25$352K$285K$35K$32K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $367K$352K$15K$149K 990 PDF
FY2023 $332K$351K−$19K$134K 990 PDF
FY2022 $319K$308K$11K$153K 990 PDF
FY2021 $236K$260K−$24K$142K 990 PDF
FY2020 $287K$243K$43K$166K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $367,457 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $312,822$316,785
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $21$2,484
I-11 Other revenuePrior year $18,939$48,188
I-12 Total revenuePrior year $331,782$367,457
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $307,170$310,590
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $44,065$41,645
I-18 Total expensesPrior year $351,235$352,235
I-19 Revenue less expensesPrior year −$19,453$15,222
Part VI · Governance 9 of 9 board members independent, 2 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
VI-13 Written whistleblower policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $367,457 across 6 lines filed
VIII-1e Government grants$115,957
VIII-1f All other contributions, gifts and grants$200,828
VIII-1h Total contributions, gifts and grants$316,785
VIII-3 Investment incomeRelated to mission $2,484$2,484
VIII-8 Net income from fundraising eventsExcluded from tax $48,188$48,188
VIII-12 Total revenueRelated to mission $2,484 · Unrelated business $0 · Excluded from tax $48,188$367,457
Part IX · Statement of functional expenses $352,235 across 13 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $45,311 · Management $5,594 · Fundraising $5,035$55,940
IX-7 Other salaries and wagesPrograms $182,825 · Management $22,571 · Fundraising $20,314$225,710
IX-8 Pension plan contributionsPrograms $3,149 · Management $389 · Fundraising $350$3,888
IX-9 Other employee benefitsPrograms $3,086 · Management $381 · Fundraising $343$3,810
IX-10 Payroll taxesPrograms $17,206 · Management $2,124 · Fundraising $1,912$21,242
IX-11c Accounting feesPrograms $425 · Management $53 · Fundraising $47$525
IX-13 Office expensesPrograms $1,564 · Management $193 · Fundraising $174$1,931
IX-16 OccupancyPrograms $10,656 · Management $1,316 · Fundraising $1,184$13,156
IX-17 TravelPrograms $252 · Management $31 · Fundraising $28$311
IX-19 Conferences, conventions and meetingsPrograms $376 · Management $47 · Fundraising $42$465
IX-22 Depreciation, depletion and amortizationPrograms $1,714 · Management $212 · Fundraising $190$2,116
IX-23 InsurancePrograms $8,452 · Management $1,043 · Fundraising $939$10,434
IX-24 Other expenses (24a–d)Programs $10,291 · Management $1,272 · Fundraising $1,144$12,707
IX-25 Total functional expensesPrograms $285,307 · Management $35,226 · Fundraising $31,702$352,235
Part X · Balance sheet $202,969 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $1,730$149,577
X-2 Savings and temporary cash investmentsStart of year $91,687$40,154
X-3 Pledges and grants receivableStart of year $37,612$7,117
X-10c Land, buildings and equipment, netStart of year $8,237$6,121
X-16 Total assetsStart of year $141,184$202,969
X-17 Accounts payable and accrued expensesStart of year $90$179
X-25 Other liabilitiesStart of year $7,370$53,844
X-26 Total liabilitiesStart of year $7,460$54,023
X-32 Total net assets or fund balancesStart of year $133,724$148,946
X-33 Total liabilities and net assetsStart of year $141,184$202,969
Part XI · Reconciliation of net assets $148,946 net assets at year end
XI-1 Total revenue$367,457
XI-2 Total expenses$352,235
XI-3 Revenue less expenses$15,222
XI-4 Net assets at start of year$133,724
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$148,946

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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