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 2024.
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
Frequently Asked Questions
What is Rainy River Community College Foundation?
Rainy River Community College Foundation is a nonprofit organization focused on Education, based in INTERNATIONAL FALLS, MN. It holds $2.5M in total assets as of 2024.
How large is Rainy River Community College Foundation?
As of 2024, Rainy River Community College Foundation holds $2.5M in total assets with $284K in annual revenue.
Where does Rainy River Community College Foundation operate?
Rainy River Community College Foundation has awarded grants in Minnesota.
What is Rainy River Community College Foundation's EIN?
Rainy River Community College Foundation's EIN (Employer Identification Number) is 41-1644956. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Rainy River Community College Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.