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.
Key facts about Optimist Club of New Ulm Inc
- EIN
- 41-1925076
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $34,900
- Grants made (2024)
- 3
- Average grant
- $11,633
- Median grant
- $7,400
- Total assets
- $57,881
- Primary geography
- Minnesota (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Optimist Club of New Ulm Inc funds
By grant dollars, the top recipient states for Optimist Club of New Ulm Inc's 3 itemized 2024 grants were Minnesota (100%). The most frequent recipient cities were New Ulm, MN (3 grants). None of its 3 grants with a stated purpose were described as general or operating support.
How Optimist Club of New Ulm Inc gives
- Giving grew 63% from 2021 to 2024. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Optimist Club of New Ulm Inc
- How to evaluate Optimist Club of New Ulm Inc as a funder
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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.
Ready to take the next step with Optimist Club of New Ulm Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 3 itemized 2024 grant dollars.
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 | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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
Among its reported 2024 grants, the largest recipients include St Paul's Lutheran School ($21,500), New Ulm School District #88 ($7,400), Brown County Human Services ($6,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ST PAUL'S LUTHERAN SCHOOL New Ulm, MN | DONATIONS FOR SCHOOL EVENTS AND NINJA COURSE. | $21,500 |
| NEW ULM SCHOOL DISTRICT #88 New Ulm, MN | DONATIONS FOR UNBUDGETED PROJECTS. | $7,400 |
| BROWN COUNTY HUMAN SERVICES New Ulm, MN | DONATIONS IN SUPPORT OF NEEDY PEOPLE. | $6,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS 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 | — |
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 September 2026. Sourced from IRS Form 990-PF filings.