ALEX SCHMIDT MEMORIAL FOUNDATION
ROCHESTER,
Minnesota,
55901
EIN: 87-2369915
Philanthropy, Voluntarism and Grantmaking Foundations
MISSION
Memorial foundation to donate to charity and distribute scholarship money
ALEXSCHMIDTMEMORIALFOUNDATION.COMDEMOGRAPHIC
ADDRESS
4403 ARCON LN NW
55901
COUNTY
olmsted county, MN
IN CARE OF NAME
NATALIE SCHMIDT
ORGANIZATIONAL OVERVIEW & RANKINGS
ALEX SCHMIDT MEMORIAL FOUNDATION is a based in ROCHESTER, MN, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Philanthropy, Charity, Voluntarism Promotion, General. Established in November 2021, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $30,166.00, this ranks 622,617 among 2,656,690 nonprofits nationally (Top 24%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 14,138 out of 53,624 organizations in MN (Top 27%).
In olmsted county, MN, the organization ranks 342 out of 1,305 nonprofits by assets (Top 26%), while locally in rochester, it stands at 305 among 1,107 organizations (Top 28%).
The organization reported annual revenue of $14,764.00, ranking 576,280 nationally (Top 22%) and 13,584 in MN (Top 26%).
Within its specific NTEE classification (T50 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 11,449 similar organizations, ALEX SCHMIDT MEMORIAL FOUNDATION ranks 1,585 in assets (Top 14%) and 1,413 in revenue (Top 13%).
The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year and operates on a November fiscal year. Additional information can be found at ALEXSCHMIDTMEMORIALFOUNDATION.COM.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
T: Philanthropy, Voluntarism and Grantmaking Foundations
NTEE CODE
T50: Philanthropy, Charity, Voluntarism Promotion, General
FOUNDATION CODE
16: Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
12/2023
ACCOUNTING PERIOD
12
INCOME CODE
2: $10,000 to $24,999
INCOME AMOUNT
$14,764.00
FORM 990 REVENUE AMOUNT
$14,764.00
RULING DATE
11/2021
ASSET CODE
3: $25,000 to $99,999
ASSET AMOUNT
$30,166.00
FILING REQUIREMENT CODE
990 - Required to file Form 990-N - Income less than $25,000 per year
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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