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Nonprofit · EIN 27-4640857

LAKES AREA NONPROFIT SUPPORT FOUNDATION

Tax-exempt · DETROIT LAKES, MN 56501

Financials

$7$4252023$411K$10K2024$324K$23K2025
Revenue Expenses · by fiscal year end
Financials of LAKES AREA NONPROFIT SUPPORT FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$323,662$23,256$300,406$705,245$0$705,245
December 31, 2024990$410,593$9,711$400,882$404,839$0$404,839
December 31, 2023990-EZ$7$425-$418$3,957–$3,957
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$300,000
Program service revenue
$0
Investment income
$23,662
Other revenue
$0

Expenses

Grants and similar amounts paid
$22,581
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$550
Program services (functional)
$22,581
Management and general (functional)
$675

Balance sheet and other

Total assets, start of year
$404,839
Total assets, end of year
$705,245
Total liabilities, end of year
$0
Net assets, end of year
$705,245
Net assets without donor restrictions
$705,245
Gross receipts
$323,662
Employees
0
Year formed
2011
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.

NameTitleHours / weekCompensation
BECKY MITCHELLTREASURER
Trustee or director, Officer
–$0
STUART OMBERGPRESIDENT
Trustee or director, Officer
–$0
TIM SWENSONDIRECTOR
Trustee or director, Officer
–$0
990 for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
BECKY MITCHELLTREASURER
Trustee or director, Officer
0.5$0
STUART OMBERGPRESIDENT
Trustee or director, Officer
0.5$0
TIM SWENSONDIRECTOR
Trustee or director, Officer
0.5$0
990-EZ for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
STUART OMBERGPRESIDENT0.5$0
TIM SWENSONDIRECTOR0.5$0
BECKY MITCHELLTREASURER0.5$0

Address and contacts

Address (IRS master file)
119 GRAYSTONE PLZ STE 100, DETROIT LAKES, MN 56501-3034
In care of
% STUART OMBERG
Principal officer (990 for 2025)
TIM SWENSON, 119 GRAYSTONE PLAZA STE 100, DETROIT LAKES, MN 56501
Signed the 990
TIM SWENSON, DIRECTOR
Phone
(218) 844-7018
Return prepared by
HAGA KOMMER LTD

Mission

TO ASSIST NONPROFIT ORGANIZATIONS ACHIEVE THEIR MISSION BY HELPING THEM SECURE AND MANAGE FINANCING.

990 for the year ended December 31, 2025

Program accomplishments

  • N/A
    Expenses $22,581 · grants $22,581

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
27-4640857
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)
$705,245
Income (IRS master file)
$323,662

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$323,662$23,256$705,245XML
990December 2024$410,593$9,711$404,839IRS
990-EZDecember 2023$7$425$3,957XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 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 27-4640857).

Questions about LAKES AREA NONPROFIT SUPPORT FOUNDATION

What is the EIN of LAKES AREA NONPROFIT SUPPORT FOUNDATION?
The employer identification number (EIN) of LAKES AREA NONPROFIT SUPPORT FOUNDATION is 27-4640857.
Is LAKES AREA NONPROFIT SUPPORT FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
Are donations to LAKES AREA NONPROFIT SUPPORT FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LAKES AREA NONPROFIT SUPPORT FOUNDATION 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 LAKES AREA NONPROFIT SUPPORT FOUNDATION 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 LAKES AREA NONPROFIT SUPPORT FOUNDATION 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 LAKES AREA NONPROFIT SUPPORT FOUNDATION?
The 990 for the year ended December 31, 2025 names TIM SWENSON.
Who are the officers and directors of LAKES AREA NONPROFIT SUPPORT FOUNDATION?
The 990 for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does LAKES AREA NONPROFIT SUPPORT FOUNDATION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $323,662, expenses of $23,256 and total assets of $705,245 at year end.

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