Nonprofit · EIN 39-1488302
LESTER PUBLIC LIBRARY FOUNDATION INC
Tax-exempt (reinstated) · TWO RIVERS, WI 54241
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $117,542 | $64,948 | $52,594 | $1,768,833 | $0 | $1,768,833 |
| December 31, 2024 | 990 | $168,085 | $94,950 | $73,135 | $1,550,104 | $0 | $1,550,104 |
| December 31, 2023 | 990 | $150,528 | $134,496 | $16,032 | $1,418,704 | $0 | $1,418,704 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $7,925
- Program service revenue
- $0
- Investment income
- $109,617
- Net gain from sales of assets
- $66,687
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $54,930
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $2,512
- Program services (functional)
- $62,305
- Management and general (functional)
- $2,643
Balance sheet and other
- Total assets, start of year
- $1,550,104
- Total assets, end of year
- $1,768,833
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,768,833
- Net assets without donor restrictions
- $1,208,833
- Net assets with donor restrictions
- $560,000
- Gross receipts
- $117,542
- Employees
- 0
- Volunteers
- 7
- Year formed
- 1984
- State of legal domicile
- WI
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 |
|---|---|---|---|
| TERI WAGNER | PRESIDENT Trustee or director, Officer | 1 | $0 |
| TIM SCHROEDER | VICE-PRESIDENT Trustee or director, Officer | 1 | $0 |
| ROBERT FAY | TREASURER Trustee or director, Officer | 1 | $0 |
| SHARON SLEGER | LPL BOARD OF TRUSTEES REP Trustee or director | 1 | $0 |
| DEB BRAUN | DIRECTOR Trustee or director | 1 | $0 |
| DAVID PENNEFEATHER | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| COLLETTE TEGEN | PRESIDENT Trustee or director, Officer | 1 | $0 |
| TERI WAGNER | VICE-PRESIDENT Trustee or director, Officer | 1 | $0 |
| ROBERT FAY | TREASURER Trustee or director, Officer | 1 | $0 |
| SHARON SLEGER | LPL BOARD OF TRUSTEES REP Trustee or director | 1 | $0 |
| NED GUYETTE | DIRECTOR Trustee or director | 1 | $0 |
| TIM SCHROEDER | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| COLLETTE TEGEN | PRESIDENT Trustee or director, Officer | 1 | $0 |
| TERI WAGNER | VICE-PRESIDENT Trustee or director, Officer | 1 | $0 |
| ROBERT FAY | TREASURER Trustee or director, Officer | 1 | $0 |
| STEPHANIE CARPENTER | SECRETARY Trustee or director, Officer | 1 | $0 |
| SHARON SLEGER | LPL BOARD OF TRUSTEES REP Trustee or director | 1 | $0 |
| NED GUYETTE | DIRECTOR Trustee or director | 1 | $0 |
| TIM SCHROEDER | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1001 ADAMS ST, TWO RIVERS, WI 54241-3544
- In care of
- % JIM BOEHLKE
- Mailing address (990-N for 2007)
- 1001 Adams St, Two Rivers WI 54241
- Principal officer (990 for 2025)
- ROBERT FAY, 1001 ADAMS STREET, TWO RIVERS, WI 54241
- Principal officer (990-N for 2007)
- James Boehlke, 1001 Adams St, Two Rivers WI 54241
- Signed the 990
- ROBERT FAY, TREASURER
- Phone
- (920) 793-7156
- Website
- www.tworivers.lib.wi.us
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
THROUGH GIFTS AND ENDOWMENTS TO SUPPORT AND ENHANCE NEW TECHNOLOGIES, PROGRAMS, FACILITIES, AND COLLECTIONS AT THE LESTER PUBLIC LIBRARY FOR THE BENEFIT OF THE TWO RIVERS COMMUNITY.
Program accomplishments
- IN 2025, EARNINGS FROM THE FOUNDATION ENDOWMENT FUND PROVIDED FUNDS FOR EARLY LITERACY AND CHILDREN'S SUMMER READING PROGRAMS, LARGE PRINT BOOK COLLECTION, AND YOUTH AND ADULT PROGRAMMING.Expenses $62,305 · grants $54,930
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
- 39-1488302
- 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
- 2012
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B70)
- Assets (IRS master file)
- $1,768,833
- Income (IRS master file)
- $117,542
Revocation and reinstatement
- Exemption revoked
- May 15, 2011
- Posted by the IRS
- February 22, 2012
- Reinstated
- Effective September 15, 2012
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 | $117,542 | $64,948 | $1,768,833 | XML |
| 990 | December 2024 | $168,085 | $94,950 | $1,550,104 | XML |
| 990 | December 2023 | $150,528 | $134,496 | $1,418,704 | XML |
| 990 | December 2022 | $145,446 | $85,274 | $1,261,747 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990-N for 2007 Officer: James Boehlke | December 31, 2007 | ≤ $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 39-1488302).
Questions about LESTER PUBLIC LIBRARY FOUNDATION INC
- What is the EIN of LESTER PUBLIC LIBRARY FOUNDATION INC?
- The employer identification number (EIN) of LESTER PUBLIC LIBRARY FOUNDATION INC is 39-1488302.
- Is LESTER PUBLIC LIBRARY FOUNDATION INC tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2011 and reinstated it effective September 15, 2012.
- Are donations to LESTER PUBLIC LIBRARY FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LESTER PUBLIC LIBRARY FOUNDATION INC 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 LESTER PUBLIC LIBRARY FOUNDATION INC 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 LESTER PUBLIC LIBRARY FOUNDATION INC 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 LESTER PUBLIC LIBRARY FOUNDATION INC?
- The 990 for the year ended December 31, 2025 names ROBERT FAY.
- Who are the officers and directors of LESTER PUBLIC LIBRARY FOUNDATION INC?
- The 990 for the year ended December 31, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does LESTER PUBLIC LIBRARY FOUNDATION INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $117,542, expenses of $64,948 and total assets of $1,768,833 at year end.
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