Nonprofit · EIN 23-7173646
FEDERATED INSURANCE FOUNDATION INC
Tax-exempt · OWATONNA, MN 55060
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $5,021,892 | $5,093,572 | -$71,680 | $136,676 | $0 | $136,676 |
| December 31, 2024 | 990 | $4,844,090 | $4,699,056 | $145,034 | $208,356 | $0 | $208,356 |
| December 31, 2023 | 990 | $4,217,508 | $4,168,022 | $49,486 | $63,322 | $0 | $63,322 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $4,641,390
- Program service revenue
- $379,818
- Investment income
- $684
- Net gain from sales of assets
- $684
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $4,914,500
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $18,880
- Program services (functional)
- $4,914,500
- Management and general (functional)
- $18,880
- Fundraising (functional)
- $160,192
Balance sheet and other
- Total assets, start of year
- $208,356
- Total assets, end of year
- $136,676
- Total liabilities, end of year
- $0
- Net assets, end of year
- $136,676
- Net assets without donor restrictions
- $136,676
- Gross receipts
- $5,021,892
- Employees
- 0
- Volunteers
- 50
- Year formed
- 1972
- State of legal domicile
- MN
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 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN H THOMPSON | VICE PRESIDENT Trustee or director, Officer | 2 | $0 |
| JONATHAN R HANSON | VICE PRESIDENT & SECRETARY Trustee or director, Officer | 2 | $0 |
| MICHAEL N KELLER | VP, TREASURER & ASSISTANT SECRETARY Trustee or director, Officer | 5 | $0 |
| ROGER M BAILEY | PRESIDENT Trustee or director, Officer | 5 | $0 |
990 for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| John H Thompson | Vice President Trustee or director, Officer | 2 | $0 |
| Jonathan R Hanson | Vice President & Secretary Trustee or director, Officer | 2 | $0 |
| Michael N Keller | VP, Treasurer & Assistant Secretary Trustee or director, Officer | 5 | $0 |
| Roger Bailey | President Trustee or director, Officer | 5 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| John H Thompson | Vice President Trustee or director, Officer | 2 | $0 |
| Jonathan R Hanson | Vice President & Secretary Trustee or director, Officer | 2 | $0 |
| Julie Rethemeier | President Trustee or director, Officer | 5 | $0 |
| Michael G Kerr | Vice President Trustee or director, Officer | 2 | $0 |
| Michael N Keller | VP, Treasurer & Assistant Secretary Trustee or director, Officer | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 121 E PARK SQ, OWATONNA, MN 55060-3046
- Principal officer (990 for 2025)
- ROGER M BAILEY, 121 EAST PARK SQUARE, OWATONNA, MN 55060
- Signed the 990
- ROGER M BAILEY, PRESIDENT
- Phone
- (507) 455-5200
Mission
SUPPORT BIG BROTHERS BIG SISTERS (BBBS) ORGANIZATIONS EXEMPT UNDER CODE SECTION 501(C)3
Program accomplishments
- GRANTS GIVEN TO OTHER ORGANIZATIONS, SEE LIST AT SCHEDULE I.Expenses $4,914,500 · grants $4,914,500
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 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 23-7173646
- 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
- 1972
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $136,676
- Income (IRS master file)
- $5,021,892
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $5,021,892 | $5,093,572 | $136,676 | XML |
| 990 | December 2024 | $4,844,090 | $4,699,056 | $208,356 | XML |
| 990 | December 2023 | $4,217,508 | $4,168,022 | $63,322 | XML |
| 990 | December 2022 | $4,041,848 | $4,054,719 | $13,836 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 23-7173646).
Questions about FEDERATED INSURANCE FOUNDATION INC
- What is the EIN of FEDERATED INSURANCE FOUNDATION INC?
- The employer identification number (EIN) of FEDERATED INSURANCE FOUNDATION INC is 23-7173646.
- Is FEDERATED INSURANCE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1972.
- Are donations to FEDERATED INSURANCE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FEDERATED INSURANCE FOUNDATION INC 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 FEDERATED INSURANCE FOUNDATION INC 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 FEDERATED INSURANCE FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of FEDERATED INSURANCE FOUNDATION INC?
- The 990 for the year ended December 31, 2025 names ROGER M BAILEY.
- Who are the officers and directors of FEDERATED INSURANCE FOUNDATION INC?
- The 990 for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does FEDERATED INSURANCE FOUNDATION INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $5,021,892, expenses of $5,093,572 and total assets of $136,676 at year end.
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