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Nonprofit · EIN 20-4936656

NEST LAKE IMPROVEMENT ASSOCIATION

Tax-exempt · SPICER, MN 56288

Financials

$13K$34K2023$47K$48K2024$56K$47K2025
Revenue Expenses · by fiscal year end
Financials of NEST LAKE IMPROVEMENT ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ$55,867$46,895$8,972$230,044–$230,044
December 31, 2024990-EZ$46,624$47,738-$1,114$221,072–$221,072
December 31, 2023990-EZ$13,230$34,354-$21,124$179,750–$179,750
Financial details: 990-EZ for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$51,087
Investment income
$4,780

Expenses

Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$16,113
Professional fees and payments to contractors
$2,560
Occupancy
$1,660
Printing, publications and postage
$254
Other expenses
$26,308
Program services (functional)
$26,339

Balance sheet and other

Total assets, start of year
$221,072
Total assets, end of year
$230,044
Total liabilities, end of year
–
Net assets, end of year
$230,044
Cash, savings and investments
$159,613
Gross receipts
$55,867

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
JOEL PETERSONPresident0$0
WESLEY HOLMBERGTreasurer0$0
JIM SOLHEIDVice President0$0
SUE WIENERSecretary0$0
990-EZ for the year ended December 31, 2024: 2 people
NameTitleHours / weekCompensation
JOEL PETERSONPresident0$0
WESLEY HOLMBERGVice President0$0
990-EZ for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
JOEL PETERSONPresident0$0
WESLEY HOLMBERGVice President0$0

Address and contacts

Address (IRS master file)
PO BOX 42, SPICER, MN 56288-0042
In care of
% NEST LAKE IMPROVEMENT ASSOCIATION
Mailing address (990-N for 2009)
P O Box 42, Spicer MN 56288
Principal officer (990-N for 2009)
Joel Peterson, 6110 NE 132nd Ave, Spicer MN 56288
Signed the 990-EZ
WESLEY HOLMBERG, Treasurer
Phone
(320) 979-0414
Return prepared by
Taunton & Walstrom CPA LLC

Mission

IMPROVE WATER QUALITY IN NEST LAKE BY HERBICIDE AND CUTTING INVASIVE WEEDS.

990-EZ for the year ended December 31, 2025

Program accomplishments

  • IMPROVE WATER QUALITY IN NEST LAKE THROUGH WEED MANAGEMENT PRACTICES AND OTHER MANAGEMENT TOOLS. ALSO PROVIDE LOON NESTING PLATFORMS.
    Expenses $26,339 · grants $37,587

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-EZ on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
20-4936656
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2010
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Environment (C32)
Assets (IRS master file)
$230,044
Income (IRS master file)
$55,867

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2025$55,867$46,895$230,044XML
990-EZDecember 2024$46,624$47,738$221,072XML
990-EZDecember 2023$13,230$34,354$179,750XML
990-EZDecember 2021–––IRS
990-N for 2009
Officer: Joel Peterson
December 31, 2009≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-4936656).

Questions about NEST LAKE IMPROVEMENT ASSOCIATION

What is the EIN of NEST LAKE IMPROVEMENT ASSOCIATION?
The employer identification number (EIN) of NEST LAKE IMPROVEMENT ASSOCIATION is 20-4936656.
Is NEST LAKE IMPROVEMENT ASSOCIATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
Are donations to NEST LAKE IMPROVEMENT ASSOCIATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NEST LAKE IMPROVEMENT ASSOCIATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of NEST LAKE IMPROVEMENT ASSOCIATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NEST LAKE IMPROVEMENT ASSOCIATION last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
Who is the principal officer of NEST LAKE IMPROVEMENT ASSOCIATION?
The 990-N for 2009 names Joel Peterson.
Who are the officers and directors of NEST LAKE IMPROVEMENT ASSOCIATION?
The 990-EZ for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does NEST LAKE IMPROVEMENT ASSOCIATION have?
On its 990-EZ for the year ended December 31, 2025 it reported revenue of $55,867, expenses of $46,895 and total assets of $230,044 at year end.

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