Red Wing Ignite FY2021 filing
Fosters innovation and job creation by supporting students, startups, and entrepreneurs with resources. For fiscal year 2021 it reported $568K in revenue, $554K in expenses, and $107K in net assets.Pt I
- Type
- Public charity (501(c)(3)) · Human Services
- Location
- Red Wing, MN
- Website
- www.ignitemn.org
- Filings
- 5 on file (2020–2021)
More identity details & actions ⌄
This section is blank until Red Wing Ignite claims this page.
Know this organization? Claim it to add your story
Summary of the Filing
Where the work happens
Connecting Students to Businesses
- awarded a grant from department of labor and industry only 1 in 5 pilots in MN - formed, led and convened 7 school districts, 20 students, 14 businesses and MN state se - certified 18 students with an industry recognized credential (osha 10) - facilitated 3RD annual paid tech internship - connected 2 college students to local businesses
Advancing our entrepreneurs, strengthening our business environment, partnering with regional, state, and national networks: - served as statewide hub for us ignite and national science foundation (ignite MN) - created and launched an agriculture tech challenge - led and organized a 11-COUNTY pilot in southern MN - introduced 8…
Hosting a Co-Working Space to Work and Meet
- hosted 300+ meetings - welcomed 21+ co-working members - managed about 8,000 square feet of offices, conference rooms and amenities. -managing a regional makerspace: recruited 5 lab managers - secured additional woodworking tools -partnered with MN state college se for designated space to learn, create & innovate.
Run this program? Claim this org to tell your story
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Stacy Nimmo’s $92K as Executive Director is at the 28th percentile of top reported officer pay among 3864 $1–10M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 1 named individual · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|
| Stacy Nimmo | $92,195 | $99,930 | $87,708 | $85,000 |
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 Red Wing Ignite executive salaries →Are you one of these people? Claim this org to confirm your role
Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 96% | — | — |
| Overhead ratio | 4% | — | — |
| Fundraising cost ratio | 0% | — | — |
| Revenue growth | 14% | — | — |
| Accounting fee ratio | 1% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
Similar Organizations
Compare
Filings & Schedule Manifest
Want to add your own materials alongside these filings? Claim this org
Sources
Names, privacy, and removal requests More
The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.
Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.
We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.
Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.
If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.
Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.
If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.
If you ARE the filing organization, claim this org and add context
Made it to the end? Claim this organization