Nonprofit · EIN 20-5048055
ITASCA-MANTRAP CO-OP ELECTRICALASSN TRUST
Tax-exempt · PARK RAPIDS, MN 56470
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $84,230 | $75,397 | $8,833 | $32,888 | $0 | $32,888 |
| December 31, 2024 | 990-EZ | $75,601 | $84,217 | -$8,616 | $24,055 | $0 | $24,055 |
| December 31, 2023 | 990-EZ | $100,857 | $93,904 | $6,953 | $32,671 | $0 | $32,671 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $83,359
- Investment income
- $871
Expenses
- Grants and similar amounts paid
- $72,280
- Compensation of officers, directors and key employees
- $975
- Salaries, compensation and benefits (total)
- $975
- Professional fees and payments to contractors
- $1,073
- Printing, publications and postage
- $211
- Other expenses
- $858
- Program services (functional)
- $72,280
Balance sheet and other
- Total assets, start of year
- $24,055
- Total assets, end of year
- $32,888
- Total liabilities, end of year
- $0
- Net assets, end of year
- $32,888
- Cash, savings and investments
- $32,888
- Gross receipts
- $84,230
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BARB BOECKMAN | TREASURER | 0.27 | $150 |
| STEPHANIE CARLSON | CHAIR | 0.24 | $150 |
| LISA KOPPELMAN | VICE CHAIR | 0.17 | $150 |
| JENNIFER MAGNUSSEN | SECRETARY | 0.23 | $150 |
| CAROL VAN NYHUIS | DIRECTOR | 0.19 | $150 |
| RON AHMANN | FORMER CHAIR | 0.13 | $75 |
| KATHY PACHEL | DIRECTOR | 0.1 | $75 |
| DOROTHY PIERZINSKI | DIRECTOR | 0.13 | $75 |
990-EZ for the year ended December 31, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RON AHMANN | CHAIR | 0.34 | $150 |
| JENNIFER MAGNUSSEN | SECRETARY | 0.18 | $150 |
| BARB BOECKMAN | DIRECTOR | 0.27 | $150 |
| STEPHANIE CARLSON | TREASURER | 0.22 | $150 |
| LISA KOPPELMAN | VICE CHAIR | 0.24 | $150 |
| CAROL VAN NYHUIS | DIRECTOR | 0.2 | $150 |
| CAROL WINSKOWSKI | DIRECTOR | 0.09 | $75 |
| KATHY PACHEL | DIRECTOR | 0.1 | $75 |
990-EZ for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CAROL WINSKOWSKI | VICE CHAIR | 0.18 | $150 |
| JENNIFER MAGNUSSEN | SECRETARY | 0.22 | $150 |
| AL JUDSON | CHAIR | 0.12 | $75 |
| RICHARD MAGAARD | DIRECTOR | 0.1 | $75 |
| CHRISTINE LONGFORS | TREASURER | 0.1 | $75 |
| RHONDA LAGESON | DIRECTOR | 0 | $75 |
| RON AHMANN | VICE CHAIR | 0.25 | $75 |
| BARB BOECKMAN | DIRECTOR | 0.13 | $75 |
| STEPHANIE CARLSON | TREASURER | 0.1 | $75 |
| LISA KOPPELMAN | DIRECTOR | 0.1 | $75 |
| CARL VAN NYHUIS | DIRECTOR | 0.12 | $75 |
Address and contacts
- Address (IRS master file)
- PO BOX 192, PARK RAPIDS, MN 56470-0192
- In care of
- % STEVEN M JOHNSON
- Signed the 990-EZ
- STEPHANIE CARLSON, CHAIR
- Phone
- (218) 732-3377
- Return prepared by
- BRADY MARTZ PLLC
Mission
COLLECT VOLUNTARY CONTRIBUTIONS FROM ITASCA-MANTRAP CO-OP ELECTRICAL ASSOCATION MEMBERS AND PROVIDE MONETARY ASSISTANCE TO ORGANIZATIONS IN THE SERVICE TERRITORY OF ITASCA-MANTRAP CO-OP ELECTRICAL ASSOCATION.
Program accomplishments
- THE PURPOSE OF THE ORGANIZATION IS TO ACCUMULATE AND DISTRIBUTE FUNDS FOR CHARITABLE AND EDUCATIONAL PURPOSES. THE ORGANIZATION IS FUNDED SOLELY BY VOLUNTARY OPERATION ROUND UP CONTRIBUTIONS FROM MEMBERS OF THE COOPERATIVE AND FROM OTHER SOURCES OF FUNDS AVAILABLE TO THE TRUST. OPERATION ROUND UP CONTRIBUTIONS ARE USED PRIMARILY IN THE LOCAL AREA SERVED BY THE COOPERATIVE FOR CHARITABLE AND EDUCATIONAL PURPOSES. GRANTS ARE AWARDED TO NON-PROFIT OR COMMUNITY-BASED ORGANIZATIONS THAT DEMONSTRATE A COMMITMENT TO ENHANCING THE QUALITY OF LIFE IN THE REGION.Expenses $72,280 · grants $72,280
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 20-5048055
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2009
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S12)
- Assets (IRS master file)
- $32,888
- Income (IRS master file)
- $84,230
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $84,230 | $75,397 | $32,888 | XML |
| 990-EZ | December 2024 | $75,601 | $84,217 | $24,055 | XML |
| 990-EZ | December 2023 | $100,857 | $93,904 | $32,671 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
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 20-5048055).
Questions about ITASCA-MANTRAP CO-OP ELECTRICALASSN TRUST
- What is the EIN of ITASCA-MANTRAP CO-OP ELECTRICALASSN TRUST?
- The employer identification number (EIN) of ITASCA-MANTRAP CO-OP ELECTRICALASSN TRUST is 20-5048055.
- Is ITASCA-MANTRAP CO-OP ELECTRICALASSN TRUST tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
- Are donations to ITASCA-MANTRAP CO-OP ELECTRICALASSN TRUST tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ITASCA-MANTRAP CO-OP ELECTRICALASSN TRUST 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 ITASCA-MANTRAP CO-OP ELECTRICALASSN TRUST 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 ITASCA-MANTRAP CO-OP ELECTRICALASSN TRUST last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of ITASCA-MANTRAP CO-OP ELECTRICALASSN TRUST?
- The 990-EZ for the year ended December 31, 2025 lists 8 people; 8 received compensation from the organization, the highest $150 (BARB BOECKMAN, TREASURER).
- How much revenue does ITASCA-MANTRAP CO-OP ELECTRICALASSN TRUST have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $84,230, expenses of $75,397 and total assets of $32,888 at year end.
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