INVESTING IN STUDENT SUCCESS AND OUR COMMUNITY'S FUTURE THROUGH SCHOLARSHIPS AND COLLEGE DEVELOPMENT
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.5M
+8.2% YoY
Revenue
$284K
-54.2% YoY
Net Investment Income
$199K
-3396.6% YoY
Expenses
$232K
+13.1% YoY
About Rainy River Community College Foundation
Based on IRS filings
Rainy River Community College Foundation is a nonprofit organization focused on Education, based in INTERNATIONAL FALLS, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.5M in total assets. Net investment income was $199K.
Focus Areas
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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 | $2,493,120 | $2,304,923 | $1,704,570 |
| Revenue | $283,918 | $620,083 | $259,753 |
| Expenses | $232,163 | $205,226 | $154,743 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $199,409 | $-6,049 | $186,768 |
| 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 0 recipients in 2024
Grant Size Distribution
1 grants across all recorded years
Open Grants
1 open opportunity from Rainy River Community College Foundation
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 |
|---|---|---|---|
| PATTI BALLAN | BOARD MEMBER | 1 | — |
| JOANN DORNHECKER | BOARD MEMBER | 1 | — |
| SUE NORDQUIST | FACULTY BOARD MEMBER | 1 | — |
| JERROD SHERMOEN | BOARD MEMBER | 1 | — |
| MIKE WILLIAMS | BOARD MEMBER | 1 | — |
| MOLLY BRAGG | BOARD MEMBER | 1 | — |
| LAURIE KNAPP | BOARD MEMBER | 1 | — |
| JIM KNAPP | BOARD MEMBER | 1 | — |
| SUE ANDERSON | BOARD MEMBER | 1 | — |
| TIM ANDERSON | BOARD MEMBER | 1 | — |
| JAN GAUTHIER | BOARD MEMBER | 1 | — |
| ALLEN RASMUSSEN | TREASURER | 1 | — |
| ERIK STRAND | SECRETARY | 1 | — |
| MICHELLE SHELLY KOENIG | FOUNDATION EXECUTIVE DIRECTOR | 20 | $18,053 |
| PAUL NEVANEN | PRESIDENT | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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