Federal ID# 411814112
Minnesota Independence College and Community
-
- Minnesota Life College
- MICC
General Information
| Organization Type | CHARITY |
| Contact Person | Tim Peterson |
| Address | 7501 Logan Avenue South, Suite 2A, Richfield, MN 55423 |
| Phone Number | (612) 869-4008 |
| Purpose or Description | To assist young adults with learning disabilities in making the transition to independent living; maintain a residential facility for persons participating in its programs and will assist participants in obtaining appropriate post-secondary education, determining career strategies, & developing social and independent living skills |
| Status | Active |
| Extension | None |
Financial Information
For Fiscal Year Ending 6/30/2023
INCOME
| Direct Public Support | $1,756,545 |
| Government Grants | + $1,879,080 |
| Other Revenue | + $3,530,430 |
| Total Revenue | $7,166,055 |
EXPENSES
| Amount Spent for Program or Charitable Purposes | $4,914,842 |
| Management/General Expense | + $968,278 |
| Fundraising Expense | + $661,049 |
| Total Expenses | $6,544,169 |
Excess/Deficit
| Total Revenue | $7,166,055 |
| Total Expenses | - $6,544,169 |
| Excess/Deficit | $621,886 |
End of Year Fund Bal/Net Worth
| Total Assets | $5,905,697 |
| Total Liabilities | - $1,665,448 |
| End of Year Fund Bal/Net Worth | $4,240,249 |
