Optimist Club of New Ulm Inc
CHARITABLE AND EDUCATIONAL PURPOSES TO DEVELOP OPTIMISM AS A PHILOSOPHY OF LIFE, UTILIZING THE TENETS OF THE OPTIMIST CREED; TO PROMOTE AN ACTIVE INTEREST IN GOOD GOVERNMENTS AND CIVIC AFFAIRS; TO INSPIRE RESPECT FOR THE LAW; TO PROMOTE PATRIOTISM AND WORK FOR INTERNATIONAL ACCORD AND FRIENDSHIP AMONG ALL PEOPLE; TO AID AND ENCOURAGE THE DEVELOPMENT OF YOUTH, IN THE BELIEF THAT THE GIVING OF ONE'S SELF IN SERVICE TO OTHERS WILL ADVANCE THE WELL-BEING OF HUMANKIND, COMMUNITY LIFE AND THE WORLD.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$58K
+34.4% YoY
Annual Giving
$35K
-2.4% YoY
Grant Count
3
+0.0% YoY
Avg Grant Size
$12K
-2.4% YoY
About Optimist Club of New Ulm Inc
Based on IRS filings
Optimist Club of New Ulm Inc is a nonprofit organization, based in NEW ULM, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $58K in total assets. In 2024, it awarded 3 grants totaling $35K. Net investment income was $794.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $57,881 | $43,061 | $40,301 |
| Revenue | $34,600 | $17,434 | $24,823 |
| Expenses | $17,774 | $16,757 | $13,791 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $794 | $2 | $5 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
20 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL HENLE | PRESIDENT | 4 | — |
| LIZ ALTMANN | SECRETARY | 2 | — |
| CINDY BODE | TREASURER | 2 | — |
| ANGELA GOETZ | VICE PRESIDENT | 1 | — |
| SHELDON RIEKE | DIRECTOR | 1 | — |
| JENNY JANSSEN | DIRECTOR | 1 | — |
| LES SCHULTZ | DIRECTOR | 1 | — |
| DICK SEEBOTH | DIRECTOR | 1 | — |
| TOM POLICH | DIRECTOR | 1 | — |
Related Funders
Similar funders by location and focus area
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Assets
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Total Given
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Clearway Minnesota (sm)
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Assets
—
Grants
6
Total Given
$442K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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