Nonprofit · EIN 23-7420212
PRESERVE ASSOCIATION
Tax-exempt · EDEN PRAIRIE, MN 55344
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $841,185 | $770,462 | $70,723 | $1,464,068 | $10,232 | $1,453,836 |
| December 31, 2023 | 990 | $949,294 | $676,557 | $272,737 | $1,349,679 | $25,930 | $1,323,749 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $4,636
- of which government grants
- $4,636
- Program service revenue
- $734,003
- Investment income
- $102,546
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $17,564
- Other salaries and wages
- $251,446
- Salaries, compensation and benefits (total)
- $299,253
- Professional fundraising fees
- $0
- Legal fees
- $98
- Accounting fees
- $14,654
- Occupancy
- $29,018
- Depreciation
- $2,453
- Program services (functional)
- $518,910
- Management and general (functional)
- $251,552
Balance sheet and other
- Total assets, start of year
- $1,349,679
- Total assets, end of year
- $1,464,068
- Total liabilities, end of year
- $10,232
- Net assets, end of year
- $1,453,836
- Land, buildings and equipment
- $38,192
- Net assets without donor restrictions
- $1,453,836
- Gross receipts
- $841,185
- Employees
- 34
- Volunteers
- 0
- 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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PAUL MUSEGADES | VICE PRESIDENT Trustee or director, Officer | 1 | $17,564 |
| TIM RUSH | TREASURER Trustee or director, Officer | 1 | $0 |
| MICHAEL BEUKEMA | PRESIDENT Trustee or director, Officer | 1 | $0 |
| RACHAEL BAYERL | DIRECTOR Trustee or director | 1 | $0 |
| LISA HOKKANEN | SECRETARY Trustee or director, Officer | 1 | $0 |
| SHON CLARK | DIRECTOR Trustee or director | 1 | $0 |
| JOHN BAYERL | DIRECTOR Trustee or director | 1 | $0 |
| TRACI BARTZ | DIRECTOR Trustee or director | 1 | $0 |
| CHRIS DOMNISORU | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PAUL MUSEGADES | DIRECTOR Trustee or director | 1 | $20,999 |
| TIM RUSH | PRESIDENT Trustee or director, Officer | 1 | $0 |
| MICHAEL BEUKEMA | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| TARA DECROW | TREASURER Trustee or director, Officer | 1 | $0 |
| LISA HOKKANEN | SECRETARY Trustee or director, Officer | 1 | $0 |
| SHON CLARK | DIRECTOR Trustee or director | 1 | $0 |
| KENT WOOD | DIRECTOR Trustee or director | 1 | $0 |
| TRACI BARTZ | DIRECTOR Trustee or director | 1 | $0 |
| CHRIS DOMNISORU | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 11221 ANDERSON LAKES PKWY, EDEN PRAIRIE, MN 55344-4086
- Principal officer (990 for 2024)
- SCOTT ANDERSON, 11221 ANDERSON LAKE PARKWAY, EDEN PRAIRIE, MN 55344
- Signed the 990
- SCOTT ANDERSON, GENERAL MANAGER
- Phone
- (952) 941-8400
- Website
- PRESERVEASSOCIATION.COM
- Return prepared by
- CASEY MENDEN FAUST & NELSON PA
Mission
OPERATION AND MAINTENANCE OF COMMON GROUNDS OF ASSOCIATION BENEFITTING APPROXIMATELY 6,000 PEOPLE.
Program accomplishments
- OPERATION AND MAINTENANCE OF COMMON GROUNDS.Expenses $518,910 · revenue $841,185
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 | Not 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
- 23-7420212
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 1976
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,464,068
- Income (IRS master file)
- $841,185
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $841,185 | $770,462 | $1,464,068 | XML |
| 990 | December 2023 | $949,294 | $676,557 | $1,349,679 | XML |
| 990 | December 2022 | $703,854 | $659,081 | $990,318 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | 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 23-7420212).
Questions about PRESERVE ASSOCIATION
- What is the EIN of PRESERVE ASSOCIATION?
- The employer identification number (EIN) of PRESERVE ASSOCIATION is 23-7420212.
- Is PRESERVE ASSOCIATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1976.
- Are donations to PRESERVE ASSOCIATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does PRESERVE 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 PRESERVE 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 PRESERVE 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 PRESERVE ASSOCIATION?
- The 990 for the year ended December 31, 2024 names SCOTT ANDERSON.
- Who are the officers and directors of PRESERVE ASSOCIATION?
- The 990 for the year ended December 31, 2024 lists 9 people; 1 received compensation from the organization, the highest $17,564 (PAUL MUSEGADES, VICE PRESIDENT).
- How much revenue does PRESERVE ASSOCIATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $841,185, expenses of $770,462 and total assets of $1,464,068 at year end.
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