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SALEM FOUNDATION INC

WAYZATA, Minnesota, 55391

EIN: 41-6058845

Gifts grants or loans to other organizations

DEMOGRAPHIC

ADDRESS
418 WAYCLIFFE DR N
55391
COUNTY
hennepin county, MN

ORGANIZATIONAL OVERVIEW & RANKINGS

SALEM FOUNDATION INC is a based in WAYZATA, MN . Established in December 1967, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $771,443.00, this ranks 242,796 among 2,656,690 nonprofits nationally (Top 10%), demonstrating substantial financial capacity relative to its peers. At the state level, it stands at 5,375 out of 53,624 organizations in MN (Top 11%).

In hennepin county, MN, the organization ranks 1,884 out of 13,125 nonprofits by assets (Top 15%), while locally in wayzata, it stands at 70 among 259 organizations (Top 24%).

The organization reported no revenue in the most recent filing period, placing it at 1,866,581 nationally and 40,355 in MN.

Within its specific NTEE classification ( - N/A), which includes 781,348 similar organizations, SALEM FOUNDATION INC ranks 74,206 in assets (Top 10%) and 772,962 in revenue (Top 99%).

The organization files a 990 - Not required to file(all other) and operates on a November fiscal year.

CLASSIFICATION

ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
Gifts grants or loans to other organizations
NTEE COMMON CODE
N/A
NTEE CODE
N/A
FOUNDATION CODE
N/A
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

TAX PERIOD
12/2023
ACCOUNTING PERIOD
12
INCOME CODE
3: $25,000 to $99,999
INCOME AMOUNT
$53,644.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
12/1967
ASSET CODE
5: $500,000 to $999,999
ASSET AMOUNT
$771,443.00
FILING REQUIREMENT CODE
990 - Not required to file(all other)
PF FILING REQUIREMENT CODE
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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