Nonprofits›Red Wing Ignite

Human Services

Red Wing Ignite

RED WING, MN

Website

Total revenue

$1.3M

Total expenses

$1.3M

Net assets

$661K

Grants received

$647K

21 grants

EIN

461469707

Tax year

2024

Mission

Red wing ignite supports economic development and technological advancement in the eleven counties of se minnesota. We provide resources, support, education and networking opportunities to students, startups and entrepreneurs. Our mission is to create a thriving ecosystem that encourages innovation, job creation and sustainable growth.

Financials

FY 2024

Revenue

Contributions & grants$1.2M
Program service revenue$45K
Investment income$2K
Other revenue$2K
Total revenue$1.3M

Expenses

Grants paid$43K
Salaries & benefits$762K
Fundraising$9K
Other expenses$478K
Total expenses$1.3M
Total assets$709K
Net assets$661K

People

8 listed

NameRoleCompensation

STACY NIMMO

EXECUTIVE DIRECTOR

Board

$92K

50 hrs/wk

PAUL KRAMP

VICE PRESIDENT

Board

—

2 hrs/wk

BETH BENIKE

SECRETARY

Board

—

1 hrs/wk

MATTHEW LESSARD

TREASURER

Board

—

5 hrs/wk

TOM DRAZKOWSKI

BOARD CHAIR

Board

—

2 hrs/wk

ATIQ BHATTI

DIRECTOR

Board

—

1 hrs/wk

BRIAN CARLSON

DIRECTOR

Board

—

1 hrs/wk

TAWONDA BURKS

DIRECTOR

Board

—

1 hrs/wk

Grants received

Showing 21 of 21

FromAmountPurposeYear
THE JONES FAMILY FOUNDATION
$50K
MATCHING GRANT FOR EDA I6 CHALLENGE GRANT
2024
GIVINGA FOUNDATION INC
$30K
PROGRAM SUPPORT
2024
GIVINGA FOUNDATION INC
$30K
PROGRAM SUPPORT
2024
INITIATIVE FOUNDATION
$26K
TO SUPPORT A DIGITAL RESOURCE LIBRARY FOR ENTREPRENEURS IN SOUTHEAST MN.
2024
OTTO BREMER TRUST
$80K
GENERAL OPERATIONS
2023
THE JONES FAMILY FOUNDATION
$50K
MATCHING GRANT FOR EDA I6 CHALLENGE GRANT
2023
SHAVLIK FAMILY CHARITABLE TRUST
$30K
TECHNOLOGY GRANT
2023
XCEL ENERGY FOUNDATION
$10K
COMMUNITY VITALITY
2023
SOUTHERN MINNESOTA INITIATIVE FOUNDATION
$7K
ACCELERATING RURAL ENTREPRENEURS IN SE MN
2023
THE JONES FAMILY FOUNDATION
$50K
MULTIPLE GRANTS FOR MULTIPLE PURPOSES
2022
XCEL ENERGY FOUNDATION
$15K
COMMUNITY VITALITY
2022
SOUTHERN MINNESOTA INITIATIVE FOUNDATION
$7K
PROGRAMMING SUPPORT
2022
USG FOUNDATION INC
$5K
community & civic services
2022
XCEL ENERGY FOUNDATION
$10K
EDUCATION GRANT
2021
RED WING SHOE COMPANY FOUNDATION
$33K
COMMUNITY DEVELOPMENT
2020
XCEL ENERGY FOUNDATION
$10K
2020 EDUCATION GRANT
2020
THE JONES FAMILY FOUNDATION
$105K
MULTIPLE PURPOSES
2019
SOUTHERN MINNESOTA INITIATIVE FOUNDATION
$20K
ECONOMIC DEVELOPMENT - IGNITING INNOVATION IN RURAL MINNESOTA
2019
US IGNITE INC
$53K
SUB-AWARD
2018
THE JONES FAMILY FOUNDATION
$8K
MULTIPLE GRANTS FOR MULTIPLE PURPOSES
2018
SOUTHERN MINNESOTA INITIATIVE FOUNDATION
$20K
IGNITING SOUTHERN MINNESOTA - UNIFY ENTREPRENEURIAL ACTIVITY THROUGH THE REGION
2017

Funded by

$647K from 10 funders · 21 grants · 2017–2024

The Jones Family Foundation

$263K · 5 grants · 2018–2024

Otto Bremer Trust

$80K · 1 grant · 2023

Givinga Foundation Inc

$59K · 2 grants · 2024

Southern Minnesota Initiative Foundation

$53K · 4 grants · 2017–2023

Us Ignite Inc

$53K · 1 grant · 2018

Xcel Energy Foundation

$45K · 4 grants · 2020–2023

Red Wing Shoe Company Foundation

$33K · 1 grant · 2020

Shavlik Family Charitable Trust

$30K · 1 grant · 2023

Details

EIN461469707
NTEE codeP20
Subsection03
Ruling date2014-08
Formed2013
Employees14
Volunteers30
RED WING IGNITE — Mission, Financials & Grants Received | Grantivo