Optimist Club of New Ulm Inc logo

Optimist Club of New Ulm Inc

Foundation · Grantmaker NEW ULM, MN EIN: 41-1925076 Website

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

1states

States

Cities

NEW ULM

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$10K$19K$29K$38K20202021202220232024
Metric202420232022
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

$0$17K$35K$52K$69K3 grants20204 grants20217 grants20223 grants20233 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

ST PAUL'S LUTHERAN SCHOOL$22KNEW ULM SCHOOL DISTRICT …$7KBROWN COUNTY HUMAN SERVI…$6K

Grant Size Distribution

20 grants across all recorded years

20<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include St Paul's Lutheran School ($21,500), New Ulm School District #88 ($7,400), Brown County Human Services ($6,000).

RecipientPurposeAmount
NEW ULM SCHOOL DISTRICT #88 NEW ULM, MNDONATIONS FOR UNBUDGETED PROJECTS.$7,400
ST PAUL'S LUTHERAN SCHOOL NEW ULM, MNDONATIONS FOR SCHOOL EVENTS AND NINJA COURSE.$21,500
BROWN COUNTY HUMAN SERVICES NEW ULM, MNDONATIONS IN SUPPORT OF NEEDY PEOPLE.$6,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
MICHAEL HENLEPRESIDENT4
LIZ ALTMANNSECRETARY2
CINDY BODETREASURER2
ANGELA GOETZVICE PRESIDENT1
SHELDON RIEKEDIRECTOR1
JENNY JANSSENDIRECTOR1
LES SCHULTZDIRECTOR1
DICK SEEBOTHDIRECTOR1
TOM POLICHDIRECTOR1

Frequently Asked Questions

How large is Optimist Club of New Ulm Inc?

As of 2024, Optimist Club of New Ulm Inc holds $58K in total assets with $35K in annual revenue. It awarded 3 grants totaling $35K in 2024.

Where does Optimist Club of New Ulm Inc operate?

Optimist Club of New Ulm Inc has awarded grants in Minnesota.

What size grants does Optimist Club of New Ulm Inc award?

In 2024, Optimist Club of New Ulm Inc awarded 3 grants totaling $35K — an average of about $12K per grant, based on its IRS Form 990 filings.

What is Optimist Club of New Ulm Inc's EIN?

Optimist Club of New Ulm Inc's EIN (Employer Identification Number) is 41-1925076. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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