The Ely Community Resource INC FY2023 filing

Tax-deductible

Ely, MN501(c)(3)EIN 41-1333048Revenue $332K in FY2023

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.
$61K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2023 · 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
$61K
to officers and key staff · 17% of spending
Fine: pay to officers and key staff is 17% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Looks good: 3.2 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
$7K
5% of total assets
Looks good: liabilities are 5% 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
$332K
+4% vs prior year
Spent
$351K
To programs
81%
Net assets
$134K
By yearFY2020–FY2024
Revenue
$332K
FY2023▲ +4%
Tap a bar for its year
Revenue by fiscal year
FY2020$287K
FY2021$236K
FY2022$319K
FY2023$332K
FY2024$367K
Expenses
$351K
FY2023▲ +14%
Tap a bar for its year
Expenses by fiscal year
FY2020$243K
FY2021$260K
FY2022$308K
FY2023$351K
FY2024$352K
Net assets
$134K
FY2023▼ -13%
Tap a bar for its year
Net assets by fiscal year
FY2020$166K
FY2021$142K
FY2022$153K
FY2023$134K
FY2024$149K

From the FY2023 Form 990 · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

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% · $284K 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

13 people listed on the 990; $61K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$61,330Pt VII · Sec A
Vice Chairman
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Chairman
$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 · $284K · in their own filed words · FY2023
01

Volunteer services; community education; family, individual and youth group support services.

$284Kprogram 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 FY2023 990, line by line.

1The main four
Money inPt VIII
$332K
Ln 12
Gifts and grantsLn 1h$313K
Other incomeLn 4–11$19K
Investment incomeLn 3$21
Money outPt IX
$351K
Ln 25
Programscol B$284K
Managementcol C$35K
Fundraisingcol D$32K
Owns and owesPt X
$134K
net assets · Ln 32
Cash and savingsLn 1–2$93K
Total assetsLn 16$141K
LiabilitiesLn 26$7K
PeoplePt VI, VII
13
listed · VII A
PaidVII A1
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$313K
Government grantsLn 1e$131K
Investment incomeLn 3$21
Other incomeLn 4–11$19K
Total revenueLn 12$332K
Assets in detailPt X, end of year
CashLn 1$2K
SavingsLn 2$92K
Cash and savings togetherLn 1–2$93K
Land, buildings, equipmentLn 10c$8K
Total assetsLn 16$141K
LiabilitiesLn 26$7K
Net assetsLn 32$134K
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 FY23End FY23
Cash and savingsLn 1–2$116K$93K
Land, buildings, equipmentLn 10c$12K$8K
Total assetsLn 16$158K$141K
LiabilitiesLn 26$5K$7K
Net assetsLn 32$153K$134K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$61K$50K$6K$6K
Other salaries and wagesLn 7$206K$167K$21K$19K
Pension plan contributionsLn 8$2K$2K$191$172
Other employee benefitsLn 9$16K$13K$2K$1K
Payroll taxesLn 10$22K$18K$2K$2K
Accounting feesLn 11c$595$481$60$54
Advertising and promotionLn 12$160$130$16$14
Office expensesLn 13$1K$934$115$104
OccupancyLn 16$12K$10K$1K$1K
Conferences, conventions and meetingsLn 19$3K$2K$257$231
Depreciation, depletion and amortizationLn 22$3K$3K$342$307
InsuranceLn 23$11K$9K$1K$1K
Other expenses (24a–d)Ln 24$13K$10K$1K$1K
Total functional expensesLn 25$351K$284K$35K$32K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $367K$352K$15K$149K 990 PDF
FY2023 Viewing $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 FY2023 990 (6 parts)
Part I · Summary $331,782 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $301,079$312,822
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $10$21
I-11 Other revenuePrior year $17,594$18,939
I-12 Total revenuePrior year $318,683$331,782
I-13 Grants and similar amounts paidPrior year $5,000$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $259,238$307,170
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $43,274$44,065
I-18 Total expensesPrior year $307,512$351,235
I-19 Revenue less expensesPrior year $11,171−$19,453
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 $331,782 across 6 lines filed
VIII-1e Government grants$130,791
VIII-1f All other contributions, gifts and grants$182,031
VIII-1h Total contributions, gifts and grants$312,822
VIII-3 Investment incomeRelated to mission $21$21
VIII-8 Net income from fundraising eventsExcluded from tax $18,939$18,939
VIII-12 Total revenueRelated to mission $21 · Unrelated business $0 · Excluded from tax $18,939$331,782
Part IX · Statement of functional expenses $351,235 across 13 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $49,677 · Management $6,133 · Fundraising $5,520$61,330
IX-7 Other salaries and wagesPrograms $166,730 · Management $20,584 · Fundraising $18,526$205,840
IX-8 Pension plan contributionsPrograms $1,548 · Management $191 · Fundraising $172$1,911
IX-9 Other employee benefitsPrograms $13,275 · Management $1,639 · Fundraising $1,475$16,389
IX-10 Payroll taxesPrograms $17,577 · Management $2,170 · Fundraising $1,953$21,700
IX-11c Accounting feesPrograms $481 · Management $60 · Fundraising $54$595
IX-12 Advertising and promotionPrograms $130 · Management $16 · Fundraising $14$160
IX-13 Office expensesPrograms $934 · Management $115 · Fundraising $104$1,153
IX-16 OccupancyPrograms $9,878 · Management $1,219 · Fundraising $1,097$12,194
IX-19 Conferences, conventions and meetingsPrograms $2,078 · Management $257 · Fundraising $231$2,566
IX-22 Depreciation, depletion and amortizationPrograms $2,766 · Management $342 · Fundraising $307$3,415
IX-23 InsurancePrograms $9,011 · Management $1,112 · Fundraising $1,001$11,124
IX-24 Other expenses (24a–d)Programs $10,414 · Management $1,287 · Fundraising $1,157$12,858
IX-25 Total functional expensesPrograms $284,499 · Management $35,125 · Fundraising $31,611$351,235
Part X · Balance sheet $141,184 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $49,897$1,730
X-2 Savings and temporary cash investmentsStart of year $65,630$91,687
X-3 Pledges and grants receivableStart of year $28,079$37,612
X-9 Prepaid expenses and deferred chargesStart of year $2,544$1,918
X-10c Land, buildings and equipment, netStart of year $11,652$8,237
X-16 Total assetsStart of year $157,802$141,184
X-17 Accounts payable and accrued expensesStart of year $89$90
X-25 Other liabilitiesStart of year $4,536$7,370
X-26 Total liabilitiesStart of year $4,625$7,460
X-32 Total net assets or fund balancesStart of year $153,177$133,724
X-33 Total liabilities and net assetsStart of year $157,802$141,184
Part XI · Reconciliation of net assets $133,724 net assets at year end
XI-1 Total revenue$331,782
XI-2 Total expenses$351,235
XI-3 Revenue less expenses−$19,453
XI-4 Net assets at start of year$153,177
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$133,724

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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