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EIN 41-1996178

Community of Lancaster Education Group

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Lancaster
State
Minnesota
Year formed
2001
Most recent tax filings
2023-12-01
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
Description
Community of Lancaster Education Group raises funds through contributions and investments to provide reimbursement for post-secondary tuition expenses of Lancaster High School (Minnesota Independent School District #356) graduates. In 2022, COLEG awarded nine scholarships totaling $101,000 and paid out $50,875 in tuition reimbursements for previous awards. COLEG's policy is to begin reimbursement upon successful completion of the first full term.
Total revenues
$97,499
2023
Total expenses
$61,371
2023
Total assets
$1,121,748
2023
Num. employees
0
2023

Program areas at Community of Lancaster Education Group

COLEG made eight scholarship awards totaling $84,000 during the calendar year 2023. COLEG paid out $60,982 in tuition reimbursements for awards made prior to 2023. It is COLEG's present policy to begin reimburse upon successful completion of the first full year of post-secondary studies. Completion of the first year must be accomplished within 13 months from high school graduation. At the end of 2023 there were 19 award recipients eligible to receive up to $213,643 in additional reimbursements. Further awards will be made in 2024 depending upon applications and projected investment earnings and unrestricted contributions. This is the only program service provided by COLEG

Who funds Community of Lancaster Education Group

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Xcel EnergyMatching Funds$300

Personnel at Community of Lancaster Education Group

NameTitleCompensation
Shelly WesterbergTreasurer$0
Crystal PetersonVice President$0
Debbie GrovesSecretary$0
Diane RicePresident$0

Financials for Community of Lancaster Education Group

RevenuesFYE 12/2023
Total grants, contributions, etc.$24,295
Program services$0
Investment income and dividends$73,204
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$97,499

Form 990s for Community of Lancaster Education Group

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-06990View PDF
2022-122023-04-27990View PDF
2021-122022-05-05990View PDF
2020-122021-12-01990View PDF
2019-122021-04-28990View PDF
...and 1 more Form 990
Data update history
August 15, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 20, 2023
Posted financials
Added Form 990 for fiscal year 2022
August 16, 2022
Posted financials
Added Form 990 for fiscal year 2020
August 4, 2022
Updated personnel
Identified 3 new personnel
August 18, 2021
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
Grantmaking organizationsSchoolsCharities
Issues
Education
Characteristics
MembershipsState / local levelProvides scholarshipsTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
PO Box 74
Lancaster, MN 56735
County
Kittson County, MN
Website URL
coleg.org/ 
Phone
(218) 843-1265
IRS details
EIN
41-1996178
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2001
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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