Nonprofit · EIN 26-3562183
TRUE HOPE
Tax-exempt (reinstated) · SAINT MICHAEL, MN 55376
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $339,651 | $334,122 | $5,529 | $11,325 | $0 | $11,325 |
| December 31, 2024 | 990 | $276,166 | $282,011 | -$5,845 | $5,796 | $0 | $5,796 |
| December 31, 2023 | 990 | $252,860 | $313,169 | -$60,309 | $11,641 | $0 | $11,641 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $339,651
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $1,200
- Travel
- $405
- Program services (functional)
- $334,122
Balance sheet and other
- Total assets, start of year
- $5,796
- Total assets, end of year
- $11,325
- Total liabilities, end of year
- $0
- Net assets, end of year
- $11,325
- Net assets without donor restrictions
- $11,325
- Gross receipts
- $339,651
- Employees
- 0
- Year formed
- 2008
- 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 |
|---|---|---|---|
| Wayne Hedlund | President Trustee or director, Officer | 0 | $0 |
| Clay Witte | Vice President Trustee or director | 0 | $0 |
| Jeff Karlson | Treasurer Trustee or director | 0 | $0 |
| Mary Hedlund | Secretary Trustee or director | 0 | $0 |
| Martha Witte | Director Trustee or director | 0 | $0 |
| Joy Karlson | Director Trustee or director | 0 | $0 |
990 for the year ended December 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WAYNE HEDLUND | President Trustee or director | 0 | $0 |
| MAXIM FETISOV | Vice President Trustee or director | 0 | $0 |
| JEFF KARLSON | Treasurer Trustee or director | 0 | $0 |
| MARY HEDLUND | Secretary Trustee or director | 0 | $0 |
| CLAY WITTE | Director Trustee or director | 0 | $0 |
| MARTHA WITTE | Director Trustee or director | 0 | $0 |
| JOY KARLSON | Director Trustee or director | 0 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WAYNE HEDLUND | President Trustee or director | 0 | $0 |
| MAXIM FETISOV | Vice President Trustee or director | 0 | $0 |
| JEFF KARLSON | Treasurer Trustee or director | 0 | $0 |
| MARY HEDLUND | Secretary Trustee or director | 0 | $0 |
| CLAY WITTE | Director Trustee or director | 0 | $0 |
| MARTHA WITTE | Director Trustee or director | 0 | $0 |
| JOY KARLSON | Director Trustee or director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 505 UNDERWOOD LN NW, SAINT MICHAEL, MN 55376-1012
- In care of
- % WAYNE HEDLUND
- Principal officer (990 for 2025)
- Wayne Hedlund, 505 UNDERWOOD LANE NW, Saint Michael, MN 55376
- Signed the 990
- WAYNE HEDLUND, President
- Return prepared by
- StartCHURCH Georgia Inc
Mission
See Schedule O
Program accomplishments
- The specific purpose for which the corporation is organized is to minister to single mothers, abandoned children, those in prison, individuals with special needs, orphans and victims of sex trafficking by meeting their physical and spiritual needs both domestically and internationally, to teach and preach the gospel through speaking engagements at religious venues, produce and distribute Christian literature, conduct public evangelistic activities, offer bible based classes, provide spiritual counseling, to license and ordain minister of the gospel and to also engage in activities which are necessary, suitable or convenient for the accomplishment of that purpose, or which are incidental thereto or connected therewith which are consistent with Section 501 (c) (3) of the Internal Revenue Code. This corporation is organized and operated exclusively for religious purposes within the meaning of Section 501 (c) (3), Internal Revenue Code.Expenses $334,122
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
- 26-3562183
- 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
- 2014
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P30)
- Assets (IRS master file)
- $11,325
- Income (IRS master file)
- $339,651
Revocation and reinstatement
- Exemption revoked
- May 15, 2011
- Posted by the IRS
- October 4, 2014
- Reinstated
- Effective May 15, 2011
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $339,651 | $334,122 | $11,325 | XML |
| 990 | December 2024 | $276,166 | $282,011 | $5,796 | IRS |
| 990 | December 2023 | $252,860 | $313,169 | $11,641 | XML |
| 990 | December 2022 | $773,686 | $705,992 | $71,950 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 26-3562183).
Questions about TRUE HOPE
- What is the EIN of TRUE HOPE?
- The employer identification number (EIN) of TRUE HOPE is 26-3562183.
- Is TRUE HOPE tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2011 and reinstated it effective May 15, 2011.
- Are donations to TRUE HOPE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does TRUE HOPE 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 TRUE HOPE 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 TRUE HOPE 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 TRUE HOPE?
- The 990 for the year ended December 31, 2025 names Wayne Hedlund.
- Who are the officers and directors of TRUE HOPE?
- The 990 for the year ended December 31, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does TRUE HOPE have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $339,651, expenses of $334,122 and total assets of $11,325 at year end.
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