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Nonprofit · EIN 23-7367420

COON RAPIDS COMMUNITY SCHOLARSHIP ASSOCIATION

Tax-exempt · COON RAPIDS, MN 55448

Financials

$305K$271K2023$293K$282K2024
Revenue Expenses · by fiscal year end
Financials of COON RAPIDS COMMUNITY SCHOLARSHIP ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$293,406$281,563$11,843$304,423$0$304,423
December 31, 2023990$305,404$270,831$34,573$292,580$0$292,580
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$183,576
Program service revenue
$0
Investment income
$9,830
Other revenue
$100,000

Expenses

Grants and similar amounts paid
$255,850
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$273,753
Management and general (functional)
$7,810

Balance sheet and other

Total assets, start of year
$292,580
Total assets, end of year
$304,423
Total liabilities, end of year
$0
Net assets, end of year
$304,423
Gross receipts
$293,406
Employees
0
Volunteers
20
Year formed
1965
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, 2024, highest compensation first.

NameTitleHours / weekCompensation
CINDI MILLERDIRECTOR
Trustee or director
2$0
JERLIE JENSENDIRECTOR
Trustee or director
2$0
JOHN SANDERSDIRECTOR
Trustee or director
2$0
TODD MENSINKDIRECTOR
Trustee or director
2$0
AMY STORRICKDIRECTOR
Trustee or director
2$0
WILLIAM REICHENBORNDIRECTOR
Trustee or director
2$0
HOWARD HELGENDIRECTOR
Trustee or director
2$0
ALVIN POWELLDIRECTOR
Trustee or director
2$0
LIBBY STORRICK-PEILDIRECTOR
Trustee or director
2$0
JULIA CORNEIL-SMITHDIRECTOR
Trustee or director
2$0
JAMES BESSTPRESIDENT
Officer
5$0
STEPHANIE BESSTSECRETARY
Officer
5$0
GARY SMITHVICE PRESIDENT
Officer
5$0
GAIL OWENTREASURER
Officer
5$0
990 for the year ended December 31, 2023: 14 people
NameTitleHours / weekCompensation
WILLIAM REICHENBORNDIRECTOR
Trustee or director
2$0
AMY STORRICKDIRECTOR
Trustee or director
2$0
TODD MENSINKDIRECTOR
Trustee or director
2$0
HOWARD HELGENDIRECTOR
Trustee or director
2$0
JULIA CORNEIL-SMITHDIRECTOR
Trustee or director
2$0
LIBBY STORRICK-PEILDIRECTOR
Trustee or director
2$0
ALVIN POWELLDIRECTOR
Trustee or director
2$0
CINDI MILLERDIRECTOR
Trustee or director
2$0
JERLIE JENSENDIRECTOR
Trustee or director
2$0
JOHN SANDERSDIRECTOR
Trustee or director
2$0
STEPHANIE BESSTSECRETARY
Officer
5$0
JAMES BESSTPRESIDENT
Officer
5$0
GAIL OWENTREASURER
Officer
5$0
GARY SMITHVICE PRESIDENT
Officer
5$0

Address and contacts

Address (IRS master file)
PO BOX 48144, COON RAPIDS, MN 55448-0144
In care of
% GAIL OWEN
Principal officer (990 for 2024)
GAIL OWEN, PO BOX 48144, COON RAPIDS, MN 55448
Signed the 990
GAIL OWEN, TREASURER
Phone
(763) 506-1107
Return prepared by
DAO T NGUYEN CPA

Mission

PROVIDE SCHOLARSHIPS TO COON RAPIDS HIGH SCHOOL SENIORS.

990 for the year ended December 31, 2024

Program accomplishments

  • To provide scholarships to Coon Rapids High School graduating seniors to assist with first year secondary education expenses.
    Expenses $273,753

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
23-7367420
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
1982
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B82Z)
Assets (IRS master file)
$304,423
Income (IRS master file)
$293,406

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$293,406$281,563$304,423XML
990December 2023$305,404$270,831$292,580XML
990December 2022$256,221$240,901$258,007IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––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 23-7367420).

Questions about COON RAPIDS COMMUNITY SCHOLARSHIP ASSOCIATION

What is the EIN of COON RAPIDS COMMUNITY SCHOLARSHIP ASSOCIATION?
The employer identification number (EIN) of COON RAPIDS COMMUNITY SCHOLARSHIP ASSOCIATION is 23-7367420.
Is COON RAPIDS COMMUNITY SCHOLARSHIP ASSOCIATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1982.
Are donations to COON RAPIDS COMMUNITY SCHOLARSHIP ASSOCIATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does COON RAPIDS COMMUNITY SCHOLARSHIP 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 COON RAPIDS COMMUNITY SCHOLARSHIP ASSOCIATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did COON RAPIDS COMMUNITY SCHOLARSHIP ASSOCIATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of COON RAPIDS COMMUNITY SCHOLARSHIP ASSOCIATION?
The 990 for the year ended December 31, 2024 names GAIL OWEN.
Who are the officers and directors of COON RAPIDS COMMUNITY SCHOLARSHIP ASSOCIATION?
The 990 for the year ended December 31, 2024 lists 14 people; 0 received compensation from the organization.
How much revenue does COON RAPIDS COMMUNITY SCHOLARSHIP ASSOCIATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $293,406, expenses of $281,563 and total assets of $304,423 at year end.

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