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Federal ID# 061770182

Ely Area Community Foundation, Inc.

General Information

Organization Type CHARITY
Contact Person Todd Heiman
Address 760 Miners Drive East, Ely, MN 55731-
Phone Number (218) 235-1561
Purpose or Description To enhance community development and quality of life in Ely and the surrounding communities through the distribution of endowment fund grants.
Status Active
Extension None

Financial Information

For Fiscal Year Ending 12/31/2023

INCOME
Direct Public Support$1,527,351
Government Grants+ $0
Other Revenue+ $24,775
Total Revenue$1,552,126
EXPENSES
Amount Spent for Program or Charitable Purposes$48,433
Management/General Expense+ $50,777
Fundraising Expense+ $0
Total Expenses$99,210

Excess/Deficit
Total Revenue$1,552,126
Total Expenses- $99,210
Excess/Deficit$1,452,916
End of Year Fund Bal/Net Worth
Total Assets$2,901,901
Total Liabilities- $0
End of Year Fund Bal/Net Worth$2,901,901

Financial Information for Prior Years

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