MINNESOTA INDEPENDENCE COLLEGE AND COMMUNITY
RICHFIELD,
Minnesota,
55423
EIN: 41-1814112
Philanthropy, Voluntarism and Grantmaking Foundations
DEMOGRAPHIC
ADDRESS
7501 LOGAN AVE S APT 2A
55423
COUNTY
hennepin county, MN
ORGANIZATIONAL OVERVIEW & RANKINGS
MINNESOTA INDEPENDENCE COLLEGE AND COMMUNITY is a based in RICHFIELD, MN, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Fund Raising Organizations That Cross Categories. Established in February 1996, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $5,905,697.00, this ranks 81,547 among 2,656,690 nonprofits nationally (Top 4%), demonstrating exceptional financial capacity relative to its peers. At the state level, it stands at 1,825 out of 53,624 organizations in MN (Top 4%).
In hennepin county, MN, the organization ranks 759 out of 13,125 nonprofits by assets (Top 6%), while locally in richfield, it stands at 8 among 175 organizations (Top 4%).
The organization reported annual revenue of $7,166,055.00, ranking 38,004 nationally (Top 2%) and 942 in MN (Top 2%).
Within its specific NTEE classification (T70 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 2,160 similar organizations, MINNESOTA INDEPENDENCE COLLEGE AND COMMUNITY ranks 95 in assets (Top 5%) and 39 in revenue (Top 2%).
The organization files a 990 (all other) or 990EZ return and operates on a May fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
Described in section 509 a 2 of the Code
Aid to the handicapped see also 031
NTEE COMMON CODE
T: Philanthropy, Voluntarism and Grantmaking Foundations
NTEE CODE
T70: Fund Raising Organizations That Cross Categories
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
06/2023
ACCOUNTING PERIOD
06
INCOME CODE
7: $5,000,000 to $9,999,999
INCOME AMOUNT
$7,692,211.00
FORM 990 REVENUE AMOUNT
$7,166,055.00
RULING DATE
02/1996
ASSET CODE
7: $5,000,000 to $9,999,999
ASSET AMOUNT
$5,905,697.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
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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