Nonprofit · EIN 26-2691686
ALGAE BIOMASS ORGANIZATION
Tax-exempt · NEW ULM, MN 56073
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $376,631 | $354,824 | $21,807 | $13,406 | $73,757 | -$60,351 |
| December 31, 2023 | 990 | $380,166 | $401,966 | -$21,800 | $19,277 | $101,435 | -$82,158 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $153,273
- Membership dues
- $153,273
- Program service revenue
- $218,460
- Investment income
- $0
- Other revenue
- $4,898
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $49,538
- Other salaries and wages
- $34,443
- Salaries, compensation and benefits (total)
- $91,147
- Professional fundraising fees
- $0
- Legal fees
- $10
- Accounting fees
- $18,610
- Occupancy
- $5,600
- Program services (functional)
- $248,377
- Management and general (functional)
- $70,965
- Fundraising (functional)
- $35,482
Balance sheet and other
- Total assets, start of year
- $19,277
- Total assets, end of year
- $13,406
- Total liabilities, end of year
- $73,757
- Net assets, end of year
- -$60,351
- Gross receipts
- $376,631
- Employees
- 2
- Volunteers
- 11
- Year formed
- 2008
- State of legal domicile
- WA
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 |
|---|---|---|---|
| JON KALLEN | EXECUTIVE DIRECTOR Officer | 40 | $49,538 |
| MIKE LAMONT | PRESIDENT Trustee or director, Officer | 0.5 | $0 |
| MARTIN GROSS | PAST-PRESIDENT Trustee or director, Officer | 0.5 | $0 |
| ZACH GATES | TREASURER Trustee or director, Officer | 0.5 | $0 |
| AMHA BELAY | DIRECTOR Trustee or director | 0.5 | $0 |
| DAN LEVY | DIRECTOR Trustee or director | 0.5 | $0 |
| DAVID HAZLEBACK | DIRECTOR Trustee or director | 0.5 | $0 |
| GREG MITCHELL | DIRECTOR Trustee or director | 0.5 | $0 |
| JEN JOHANSON | DIRECTOR Trustee or director | 0.5 | $0 |
| JOHN BENEMANN | DIRECTOR Trustee or director | 0.5 | $0 |
| JOSH RHEIN | DIRECTOR Trustee or director | 0.5 | $0 |
| KEVIN MCGRAW | DIRECTOR Trustee or director | 0.5 | $0 |
| NAGATOSHI IDE | DIRECTOR Trustee or director | 0.5 | $0 |
990 for the year ended December 31, 2023: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| THOMAS BYRNE | TREASURER Trustee or director, Officer | – | $0 |
| JOHN BENEMANN | DIRECTOR Trustee or director | – | $0 |
| DAVID HAZLEBECK | DIRECTOR Trustee or director | – | $0 |
| DAVID RAMJOHN | DIRECTOR Trustee or director | – | $0 |
| MIKE LAMONT | PRESIDENT Trustee or director, Officer | – | $0 |
| JENNIFER JOHANSEN | PAST PRESIDE Trustee or director, Officer | – | $0 |
| TOSHI IDE | DIRECTOR Trustee or director | – | $0 |
| MARTIN GROSS | PAST PRESIDE Trustee or director | – | $0 |
| DAN LEVY | DIRECTOR Trustee or director | – | $0 |
| KEVIN MCGRAW | DIRECTOR Trustee or director | – | $0 |
| AMHA BELAY | DIRECTOR Trustee or director | – | $0 |
| JEAN-PAUL CARDORET | DIRECTOR Trustee or director | – | $0 |
| DAN BROUMAN | DIRECTOR Trustee or director | – | $0 |
| JON KALLEN | EXECUTIVE DI Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 725, NEW ULM, MN 56073-0725
- In care of
- % THOMAS BYRNE
- Principal officer (990 for 2024)
- KEVIN MCGRAW, 666 WALNUT STREET 23RD FLOOR, DES MOINES, IA 50309
- Signed the 990
- KEVIN MCGRAW, EXECUTIVE DIRECTOR
- Phone
- (877) 531-5512
- Website
- ALGAEBIOMASS.ORG
- Return prepared by
- UHY ADVISORS MIDWEST INC
Mission
SEE SCHEDULE O
Program accomplishments
- ABO HOSTED THE ANNUAL ALGAE BIOMASS SUMMIT IN OCTOBER 2024 IN HOUSTON, TEXAS. THE EVENT FEATURED MULTIPLE KEYNOTE SPEAKERS AS WELL AS BREAKOUT SESSIONS WITH DEDICATED TRACKS. THE SUMMIT ALSO INCLUDES EXHIBITORS AND POSTER SESSIONS. THE ALGAE BIOMASS SUMMIT HAS BECOME THE MOST RENOWNED ALGAE CONFERENCE IN THE WORLD ATTRACTING LEADERS FROM ALL FIELDS OF THIS DYNAMIC INDUSTRY.Expenses $153,999 · revenue $218,460
- MEMBER COMMUNICATION - ABO CONTINUES TO SHARE/DISSEMINATE RELEVANT CONTENT TO MEMBERS THROUGH MONTHLY NEWSLETTERS AND WEBINARS.Expenses $94,378 · revenue $153,273
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
- 26-2691686
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2009
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S41)
- Assets (IRS master file)
- $13,406
- Income (IRS master file)
- $376,631
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $376,631 | $354,824 | $13,406 | XML |
| 990 | December 2023 | $380,166 | $401,966 | $19,277 | XML |
| 990 | December 2022 | $248,663 | $236,665 | $28,432 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about ALGAE BIOMASS ORGANIZATION
- What is the EIN of ALGAE BIOMASS ORGANIZATION?
- The employer identification number (EIN) of ALGAE BIOMASS ORGANIZATION is 26-2691686.
- Is ALGAE BIOMASS ORGANIZATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2009.
- Are donations to ALGAE BIOMASS ORGANIZATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does ALGAE BIOMASS ORGANIZATION 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 ALGAE BIOMASS ORGANIZATION 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 ALGAE BIOMASS ORGANIZATION 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 ALGAE BIOMASS ORGANIZATION?
- The 990 for the year ended December 31, 2024 names KEVIN MCGRAW.
- Who are the officers and directors of ALGAE BIOMASS ORGANIZATION?
- The 990 for the year ended December 31, 2024 lists 13 people; 1 received compensation from the organization, the highest $49,538 (JON KALLEN, EXECUTIVE DIRECTOR).
- How much revenue does ALGAE BIOMASS ORGANIZATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $376,631, expenses of $354,824 and total assets of $13,406 at year end.
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All nonprofits in NEW ULM · Minnesota · Community improvement and capacity building