Nonprofit · EIN 35-2458586
TWO HARBORS COMMUNITY RADIO
Tax-exempt · TWO HARBORS, MN 55616
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $55,523 | $56,969 | -$1,446 | $48,905 | $1,400 | $47,505 |
| December 31, 2024 | 990-EZ | $70,118 | $65,565 | $4,553 | $50,343 | $1,392 | $48,951 |
| December 31, 2023 | 990-EZ | $60,172 | $56,690 | $3,482 | $45,850 | $1,452 | $44,398 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $23,273
- Program service revenue
- $13,740
- Investment income
- $65
- Net income from fundraising events
- $18,445
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $22,695
- Professional fees and payments to contractors
- $7,800
- Occupancy
- $8,597
- Printing, publications and postage
- $233
- Other expenses
- $17,644
- Program services (functional)
- $48,050
Balance sheet and other
- Total assets, start of year
- $50,343
- Total assets, end of year
- $48,905
- Total liabilities, end of year
- $1,400
- Net assets, end of year
- $47,505
- Cash, savings and investments
- $38,687
- Gross receipts
- $67,819
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-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Leo Babeu | Chair | 25 | $0 |
| Jody Zastera | Secretary | 5 | $0 |
| Sherri Q | Treasurer | 1 | $0 |
| LeAllen Estrem | Vice Chair | 1 | $0 |
| Zak Williams | Board Member | 1 | $0 |
| Cathy Belfield | Board Member | 1 | $0 |
| John Krengel | Board Member | 1 | $0 |
990-EZ for the year ended December 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Leo Babeu | Chair | 20 | $0 |
| Jody Zastera | Secretary | 7 | $0 |
| Sherri Q | Treasurer | 2 | $0 |
| LeAllen Estrem | Vice Chair | 2 | $0 |
| Zak Williams | Director | 2 | $0 |
| Cathy Belfield | Board Member | 1 | $0 |
| John Krengel | Board Member | 5 | $0 |
990-EZ for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Leo Babeau | Chair | 25 | $0 |
| Jody Zastera | Secretary | 10 | $0 |
| Sherri Q | Treasurer | 1 | $0 |
| Chris Belfield | Board Member | 1 | $0 |
| LeAllen Estrem | Vice Chair | 3 | $0 |
| Zak Williams | Director | 3 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 622, TWO HARBORS, MN 55616-0622
- Mailing address (990-N for 2015)
- PO Box 622, Two Harbors MN 55616
- Principal officer (990-N for 2015)
- Leo Babeu, PO Box 622, Two Harbors MN 55616
- Signed the 990-EZ
- Jody Zastera, Bookkeeper
- Phone
- (218) 595-6195
- Website
- ktwh.org
Mission
THCR/KTWH is a non-commercial broadcast radio & webstream providing over 5,000 hours of audio content annually to a 300 sq mile FM reception area. We provide public service & emergency announcements, training, diverse cultural & educational programming to a potential FM listening of about 5,000 residents.
Program accomplishments
- ProgrammingExpenses $25,000
- During 2025, we had the Cabin Fever Reliever for fundraising and outreach, along with two on-line fundraisers, four concerts, Harvest Moon Gala and Heritage Days. Our radio station offers on-line streaming and over the air radio programming. Our radio station reaches residents in a 25 mile radius, with on-line options reaching an unlimited number of listeners.Expenses $23,050
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-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 35-2458586
- 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)
- Arts, culture and humanities (A34)
- Assets (IRS master file)
- $48,905
- Income (IRS master file)
- $67,819
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $55,523 | $56,969 | $48,905 | XML |
| 990-EZ | December 2024 | $70,118 | $65,565 | $50,343 | XML |
| 990-EZ | December 2023 | $60,172 | $56,690 | $45,850 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-N for 2015 Officer: Leo Babeu | December 31, 2015 | ≤ $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 35-2458586).
Questions about TWO HARBORS COMMUNITY RADIO
- What is the EIN of TWO HARBORS COMMUNITY RADIO?
- The employer identification number (EIN) of TWO HARBORS COMMUNITY RADIO is 35-2458586.
- Is TWO HARBORS COMMUNITY RADIO tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to TWO HARBORS COMMUNITY RADIO tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does TWO HARBORS COMMUNITY RADIO 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 TWO HARBORS COMMUNITY RADIO 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 TWO HARBORS COMMUNITY RADIO last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who is the principal officer of TWO HARBORS COMMUNITY RADIO?
- The 990-N for 2015 names Leo Babeu.
- Who are the officers and directors of TWO HARBORS COMMUNITY RADIO?
- The 990-EZ for the year ended December 31, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does TWO HARBORS COMMUNITY RADIO have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $55,523, expenses of $56,969 and total assets of $48,905 at year end.
Other nonprofits in TWO HARBORS
- FRIENDS OF THE BAND SHELL PARK INC EIN 27-4902018 · last filed 990 for 2024
- BEAVER BAY COMMUNITY ASSOCIATION EIN 47-3550758 · last filed 990-N for 2025
- CARLTON COUNTY GEM AND MINERAL CLUB INC EIN 37-1445391 · last filed 990-N for 2025
- LAKE COUNTY VETERANS MEMORIAL ASSOCIATION INC EIN 88-3325557 · last filed 990-N for 2025
- LAKE VIEW MEMORIAL HOSPITAL INC EIN 41-0786046 · last filed 990 for 2025
- COOPERATIVE LIGHT AND POWER ASSOCIATION OF LAKE COUNTY EIN 41-0203975 · last filed 990 for 2024
- LAKE COUNTY AMBULANCE SERVICE EIN 41-1893902 · last filed 990 for 2025
- WILDERNESS HEALTH EIN 46-5482766 · last filed 990 for 2024
All nonprofits in TWO HARBORS · Minnesota · Arts, culture and humanities