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Nonprofit · EIN 27-3080430

NORTHFIELD SHARES

Tax-exempt · NORTHFIELD, MN 55057

Financials

$1.3M$567K2023$4.1M$1.3M2024
Revenue Expenses · by fiscal year end
Financials of NORTHFIELD SHARES by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$4,108,981$1,327,198$2,781,783$10,261,389$731,402$9,529,987
December 31, 2023990$1,305,426$567,329$738,097$7,261,094$554,317$6,706,777
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$3,570,312
Program service revenue
$8,860
Investment income
$529,809
Other revenue
$0

Expenses

Grants and similar amounts paid
$1,049,325
Compensation of officers, directors and key employees
$114,250
Other salaries and wages
$45,450
Salaries, compensation and benefits (total)
$173,729
Professional fundraising fees
$0
Accounting fees
$1,335
Occupancy
$6,300
Travel
$999
Program services (functional)
$1,136,492
Management and general (functional)
$92,276
Fundraising (functional)
$98,430

Balance sheet and other

Total assets, start of year
$7,261,094
Total assets, end of year
$10,261,389
Total liabilities, end of year
$731,402
Net assets, end of year
$9,529,987
Publicly traded securities
$9,395,941
Net assets without donor restrictions
$2,200,261
Net assets with donor restrictions
$7,329,726
Gross receipts
$4,108,981
Employees
5
Volunteers
30
Year formed
2010
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
CARRIE CARROLLEXECUTIVE DIRECTORS
Trustee or director
40$114,250
BETH AYOTTEBOARD MEMBER
Trustee or director
1$0
JANE BARTHOBOARD MEMBER
Trustee or director
1$0
PAULT THIBOUTOTBOARD MEMBER
Trustee or director
1$0
ERIKA CAMPBELLCHAIR
Trustee or director, Officer
2$0
MAR VALDECANTOSBOARD MEMBER
Trustee or director
1$0
PERRY LARSONBOARD MEMBER
Trustee or director
1$0
ARLEN MALECHASECRETARY
Trustee or director, Officer
1$0
JOHN ROBISONVICE CHAIR
Trustee or director, Officer
1$0
KELLY STREETBOARD MEMBER
Trustee or director
1$0
MERRI KMOCHBOARD MEMBER
Trustee or director
1$0
STAN MORKTREASURER
Trustee or director, Officer
2$0
KELLY WEBSTERBOARD MEMBER
Trustee or director
1$0
JOE HARGISBOARD MEMBER
Trustee or director
1$0
LARRY ENFIELDBOARD MEMBER
Trustee or director
1$0
1 more people on this return
NameTitleHours / weekCompensation
CORRIE DEMASBOARD MEMBER
Trustee or director
1$0
990 for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensation
CARRIE CARROLLEXECUTIVE DIRECTORS
Trustee or director
40$107,000
TARA BERNDTCHAIR
Trustee or director, Officer
2$0
JANE BARTHOBOARD MEMBER
Trustee or director
1$0
PAULT THIBITOTBOARD MEMBER
Trustee or director
2$0
ERIKA CAMPBELLBOARD MEMBER
Trustee or director
0.5$0
ROBERTO ZAYASBOARD MEMBER
Trustee or director
0.3$0
PERRY LARSONBOARD MEMBER
Trustee or director
0.3$0
ARLEN MALECHASECRETARY
Trustee or director, Officer
1$0
JOHN ROBISONVICE CHAIR
Trustee or director, Officer
1$0
KELLY STREETBOARD MEMBER
Trustee or director
0.3$0
CODY WARRENBOARD MEMBER
Trustee or director
0.3$0
STAN MORKTREASURER
Trustee or director, Officer
2$0
KELLY WEBSTERBOARD MEMBER
Trustee or director
1$0

Address and contacts

Address (IRS master file)
158 WATER ST N STE 1, NORTHFIELD, MN 55057-2125
Mailing address (990-N for 2012)
PO Box 802, Northfield MN 55057
Principal officer (990 for 2024)
CARRIE R CARROLL, PO BOX 802, NORTHFIELD, MN 55057
Principal officer (990-N for 2012)
Dale Ness, PO Box 802, Northfield MN 55057
Signed the 990
CARRIE R CARROLL, EXECUTIVE DIRECTOR
Phone
(507) 403-9755
Return prepared by
MILLER WELLE HEISER & CO LTD

Mission

NORTHFIELD SHARES SEEKS TO SUSTAIN AND TRANSFORM THE NORTHFIELD COMMUNITY BY ADVANCING PHILANTHROPY, INSPIRING VOLUNTEERISM AND PROMOTING COLLABORATIVE LEADERSHIP.

990 for the year ended December 31, 2024

Program accomplishments

  • RECEIVE, MAINTAIN AND DISBURSE FUNDS FOR THE BENEFIT OF THE GREATER NORTHFIELD COMMUNITY.
    Expenses $1,136,492 · grants $1,049,325 · revenue $8,860
  • PROMOTE VOLUNTEERISM AND ITS IMPORTANCE TO THE GREATER NORTHFIELD COMMUNITY, ASSIST NONPROFIT ORGANIZATIONS IN PROMOTING THEIR VOLUNTEER OPPORTUNITIES, AND CONNECT VOLUNTEERS WITH LOCAL SERVICE OPPORTUNITIES. APPROXIMATELY 20-30 INDIVIDUALS VOLUNTEERED DIRECTLY TO OUR WORK AS THE COMMUNITY FOUNDATION.OUR WORK ULTIMATELY SUPPORTED THOUSANDS OF INDIVIDUALS IN OUR COMMUNITY THROUGH THE DIVERSITY, EQUITY AND INCLUSION TRAINING WE UNDERWROTE FOR OUR NONPROFIT PARTNERS AND NFSHARES PROVIDED GRANT FUNDING TO 35 ORGANIZATIONS IN SUPPORT OF 40 PROJECTS/PROGRAMS IN OUR AREA WHICH IN TURN SERVCE MUCH OF OUR NORTHFIELD SCHOOL DISTRICT POPULATION.

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
27-3080430
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
2011
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$10,261,389
Income (IRS master file)
$4,108,981

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$4,108,981$1,327,198$10,261,389XML
990December 2023$1,305,426$567,329$7,261,094XML
990December 2022$477,542$519,406$5,894,936IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS
990-N for 2012
Officer: Dale Ness
December 31, 2012≤ $50,000 receipts––e-Postcard

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 27-3080430).

Questions about NORTHFIELD SHARES

What is the EIN of NORTHFIELD SHARES?
The employer identification number (EIN) of NORTHFIELD SHARES is 27-3080430.
Is NORTHFIELD SHARES tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
Are donations to NORTHFIELD SHARES tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NORTHFIELD SHARES 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 NORTHFIELD SHARES 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 NORTHFIELD SHARES 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 NORTHFIELD SHARES?
The 990 for the year ended December 31, 2024 names CARRIE R CARROLL.
Who are the officers and directors of NORTHFIELD SHARES?
The 990 for the year ended December 31, 2024 lists 16 people; 1 received compensation from the organization, the highest $114,250 (CARRIE CARROLL, EXECUTIVE DIRECTORS).
How much revenue does NORTHFIELD SHARES have?
On its 990 for the year ended December 31, 2024 it reported revenue of $4,108,981, expenses of $1,327,198 and total assets of $10,261,389 at year end.

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