Rural Minnesota Cep Inc logo

Rural Minnesota Cep Inc

DETROIT LAKES, MN EIN: 41-0942639 Website

RURAL MINNESOTA CEP INC.'S (RMCEP) MISSION IS TO PROVIDE EXEMPLARY WORKFORCE DEVELOPMENT SERVICES TO OUR COMMUNITIES AND EXCEED THE EXPECTATIONS OF OUR STAKEHOLDERS. THE VISION OF THE ORGANIZATION IS TO INSPIRE POSITIVE CHANGE LEADING TO SUCCESSFUL AND PROSPEROUS INDIVIDUALS AND COMMUNITIES THROUGH THE POWER OF WORK.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.8M

+12.8% YoY

Revenue

$11.6M

+9.8% YoY

Net Investment Income

$18K

+149.1% YoY

Expenses

$11.5M

+9.4% YoY

About Rural Minnesota Cep Inc

Based on IRS filings

Rural Minnesota Cep Inc is a nonprofit organization focused on Employment, based in DETROIT LAKES, MN. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $3.8M in total assets. Net investment income was $18K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

ST PAUL

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$3M$6M$10M$13M201920202021202220232024
Metric202420232022
Total Assets$3,792,730$3,361,856$2,024,791
Revenue$11,576,394$10,547,473$10,325,488
Expenses$11,506,299$10,518,033$10,308,022
Qualifying Distributions
Net Investment Income$17,769$7,133$5,345
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$166K$332K$498K$665K1 grants20191 grants20200 grants20210 grants20220 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

1 grants across all recorded years

<$50K$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

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

TINA JASTEREXECUTIVE DIRECTOR$106KWILLIAM MACFARLANEACCOUNTING MANAGER$74KCAROL ANDERSONSECRETARY-TREASURER$2KTERRY BLAKEBOARD MEMBER$2KEDWARD BOLASVICE CHAIRPERSON$2KLORI SCHWARTZCHAIRPERSON$1KJANELLE KLINKEBOARD MEMBER$1KJOSE ALBABOARD MEMBER$800STEPHEN JONESBOARD MEMBER$600VICKI BERBERICHBOARD MEMBER$500

From 2024 filing

NameTitleHoursCompensation
LORI SCHWARTZCHAIRPERSON1$1,350
EDWARD BOLASVICE CHAIRPERSON1$1,830
CAROL ANDERSONSECRETARY-TREASURER1$1,990
JANELLE KLINKEBOARD MEMBER1$1,100
STEPHEN JONESBOARD MEMBER1$600
JOSE ALBABOARD MEMBER1$800
TERRY BLAKEBOARD MEMBER1$1,960
VICKI BERBERICHBOARD MEMBER1$500
TINA JASTEREXECUTIVE DIRECTOR40$106,131
WILLIAM MACFARLANEACCOUNTING MANAGER40$73,508

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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