Mission
TO ENHANCE COMMUNITY DEVELOPMENT AND QUALITY OF LIFE IN THE ELY, MN AND SURROUNDING COMMUNITIES BY ESTABLISHING PROGRAMS AND FACILITIES THAT IMPROVE THE WELL-BEING OF OUR CITIZENS AND THROUGH THE DISTRIBUTION OF BOARD DESIGNATED GRANTS.
Community Foundation
ELY AREA COMMUNITY FOUNDATION INC
Based in ELY, MN, ELY AREA COMMUNITY FOUNDATION INC operates as a Community Foundation. The organization reported $1.8M in revenue, $384K in expenses, $5.2M in total assets for fiscal year 2025. Imperigo tracks 2 reported grants from this foundation totaling approximately $214K.
EIN: 061770182
ELY, MN
Fund Raising & Fund Distribution
NTEE: T12
Latest filing: 2025
Total Revenue$1.8M
Total Expenses$384K
Total Assets$5.2M
Grants Given2
Grant Total$214K
Filing Years2022–2025
Where $100 goes at Ely Area Community Foundation Inc
How Ely Area Community Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 4 years.
$69
Programs
the work itself
$18
Management
running the organization
$13
Fundraising
raising the next dollar
Inside the $69 for programs
$35
Enhance community development and quality of life in ely, mn and the surrounding communities through the distribution of endowment fund grants
$34
Depreciation expense
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Given
PROGRAMING & SUPPORT
$17,060
PROGRAMING & SUPPORT
$196,963
Showing up to 5 of 2 total records — full history available with membership.
Officers & Directors
BOARD
Allison Heiman
BOARD
Anita Lancello Bydlon
VICE CHAIR
David Marshall
BOARD
Heather Fitzgerald
BOARD
Heidi Omerza
CHAIRPERSON
Jeff Sundell
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $1.8M | $384K | $5.2M |
| 2024 | $1.4M | $457K | $4.0M |
| 2023 | $1.6M | $99K | $2.9M |
| 2022 | $1.4M | $34K | $1.4M |
Between 2022 and 2025, reported annual revenue grew from $1.4M to $1.8M (+25%), with total assets most recently reported at $5.2M.
Interactive year-over-year charts and full filing details available with membership.
Grant Geography
Grants from this foundation were reported to recipients in MN.
MN
Full geographic grant map with state-by-state breakdown available with membership.