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Nonprofit · EIN 32-6434749

MARVIN A THORSON TRUST

Tax-exempt · DEVILS LAKE, ND 58301

Financials

$169K$114K2025
Revenue Expenses · by fiscal year end
Financials of MARVIN A THORSON TRUST by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$169,235$114,165$55,070$2,876,359$0$2,876,359
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$103,077
Net gain from sales of assets
$66,158

Expenses

Grants and similar amounts paid
$90,086
Compensation of officers, directors and key employees
$22,479
Disbursements for charitable purposes
$101,966
Excise tax on investment income
$2,191

Balance sheet and other

Total assets, start of year
$2,821,289
Total assets, end of year
$2,876,359
Total liabilities, end of year
$0
Net assets, end of year
$2,876,359
Fair market value of assets
$3,693,389
Qualifying distributions
$101,966
Net investment income
$169,235

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-PF for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
1ST UNITED BANK
300 4TH STREET NE, DEVILS LAKE, ND 58301
TRUSTEE1$22,479
CANDACE BERGSTROM
PO BOX 987, DEVILS LAKE, ND 58301
DIRECTOR0.1$0
LORI BROWN
PO BOX 46, DEVILS LAKE, ND 58301
DIRECTOR0.1$0
KATHY MARTIN
7782 47TH ST NE, DEVILS LAKE, ND 58301
DIRECTOR0.1$0
DIXIE OMEN
3268 77TH AVE NE, SHEYENNE, ND 58374
DIRECTOR0.1$0
PENNY YANKTON
SPIRIT LAKE TRIBE, FORT TOTTEN, ND 58335
DIRECTOR0.1$0
SHELDON GREYWATER
307 ACADENY RD, DEVILS LAKE, ND 58301
DIRECTOR0.1$0

Address and contacts

Address (IRS master file)
PO BOX 160, DEVILS LAKE, ND 58301-0160
In care of
% FIRST UNITED BANK - TRUSTEE
Signed the 990-PF
JERRY CLEVELAND, TRUST OFFICER
Phone
(701) 662-5547
Return prepared by
BRADY MARTZ PLLC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. 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-PF on file
2024December 31, 2024May 15, 2025Check at the IRS
2023December 31, 2023May 15, 2024Check at the IRS

IRS record

EIN
32-6434749
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2025
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$2,876,359
Income (IRS master file)
$187,100

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$169,235$114,165$2,876,359XML

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 32-6434749).

Questions about MARVIN A THORSON TRUST

What is the EIN of MARVIN A THORSON TRUST?
The employer identification number (EIN) of MARVIN A THORSON TRUST is 32-6434749.
Is MARVIN A THORSON TRUST tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2025.
Are donations to MARVIN A THORSON TRUST tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does MARVIN A THORSON TRUST file?
Form 990-PF. Private foundations file every year.
When is the next return of MARVIN A THORSON TRUST 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 MARVIN A THORSON TRUST last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of MARVIN A THORSON TRUST?
The 990-PF for the year ended December 31, 2025 lists 7 people; 1 received compensation from the organization, the highest $22,479 (1ST UNITED BANK, TRUSTEE).
How much revenue does MARVIN A THORSON TRUST have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $169,235, expenses of $114,165 and total assets of $2,876,359 at year end.

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