RIDGEWATER COLLEGE FOUNDATION
116 MAIN ST - PO BOX 159, HUTCHINSON, MN 55350 www.ridgewater.mnscu.edu

Total Revenue
$1,489,330
Total Expenses
$1,491,078
Net Assets
$2,607,656

Organizations Filed Purposes: TO EXPAND EDUCATIONAL OPPORTUNITIES AND ENHANCE ACADEMIC EXCELLENCE AT RIDGEWATER COLLEGE BY PROVIDING FINANCIAL AND COMMUNITY SUPPORT. THE FOUNDATION ACCOMPLISHES ITS MISSION THROUGH ITS ANNUAL AND CAPITAL FUNDRAISING CAMPAIGNS, WHICH RAISE FUNDS FOR SCHOLARSHIPS FOR STUDENTS, PROGRAM SUPPORT FOR COLLEGE DEPARTMENTS AND PROGRAMS AND A STATE-OF-THE-ART MOBILE SIMULATION LABORATORY WHICH WILL PROVIDE HEALTH CARE TRAINING THROUGHOUT THE REGION.

ALL SUPPORT PROVIDED TO RIDGEWATER COLLEGE INCLUDING SCHOLARSHIPS, IN-KIND GIFTS, AND FUNDING FOR COLLEGE PROGRAMS.

SPECIAL PROJECTS - FUNDING GRANTED TO VARIOUS DEPARTMENTS OF RIDGEWATER COLLEGE TO ASSIST IN DEVELOPING CREATIVE PROJECTS OR PURCHASE EQUIPMENT DESIGNED TO ADVANCE THE COLLEGE MISSION.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Kelly MagnusonFOUNDATION M10$27,735
Mark A OlsonTREASURER1$0
Joe NelsonDIRECTOR1$0
Dr Steve MulderDIRECTOR1$0
Colleen Thompson MichaelsDIRECTOR1$0
Jennifer LownsburyDIRECTOR1$0
Eric LipkeDIRECTOR1$0
Diane KnorrPRESIDENT1$0
Erika KellenDIRECTOR1$0
Shane JohnsonDIRECTOR1$0
Rob HantgeDIRECTOR1$0
Roger GauquieDIRECTOR1$0
Cliff CleveringaDIRECTOR1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202012879349301951_public.xml