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Nonprofit · EIN 41-0248640

MINNESOTA GRAIN AND FEED ASSOCIATION

Tax-exempt · NEW PRAGUE, MN 56071

Financials

$445K$437K2022$445K$434K2023$465K$437K2024
Revenue Expenses · by fiscal year end
Financials of MINNESOTA GRAIN AND FEED ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$464,791$436,723$28,068$717,448$126,084$591,364
September 30, 2024990$445,089$433,814$11,275$721,092$228,597$492,495
September 30, 2023990$445,293$437,255$8,038$546,385$238,355$308,030
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$27,720
Program service revenue
$324,336
Investment income
$68,925
Net gain from sales of assets
$58,348
Other revenue
$43,810

Expenses

Grants and similar amounts paid
$7,500
Compensation of officers, directors and key employees
$119,654
Other salaries and wages
$55,090
Salaries, compensation and benefits (total)
$242,859
Professional fundraising fees
$0
Accounting fees
$8,241
Occupancy
$19,075
Travel
$3,378
Program services (functional)
$270,051
Management and general (functional)
$136,244
Fundraising (functional)
$30,428

Balance sheet and other

Total assets, start of year
$721,092
Total assets, end of year
$717,448
Total liabilities, end of year
$126,084
Net assets, end of year
$591,364
Publicly traded securities
$644,125
Net assets without donor restrictions
$583,692
Net assets with donor restrictions
$7,672
Gross unrelated business income
$123,063
Gross receipts
$502,564
Employees
2
Year formed
1933
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 September 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
LAURA LEMKEEXECUTIVE DI
Officer
40$119,654$23,068
CHERYL SIMPSONPRESIDENT
Trustee or director, Officer
1$0$0
DAVE ESTREMVICE PRESIDE
Trustee or director, Officer
1$0$0
MARK HERBERGSECRETARY
Trustee or director, Officer
1$0$0
BOB HEIMTREASURER
Trustee or director, Officer
1$0$0
KENT BERGERSONDIRECTOR
Trustee or director
1$0$0
ANNDEE ERICKSONDIRECTOR
Trustee or director
1$0$0
NICK JACKSONDIRECTOR
Trustee or director
1$0$0
NICHOLAS KOSTERDIRECTOR
Trustee or director
1$0$0
990 for the year ended September 30, 2024: 9 people
NameTitleHours / weekCompensationOther / benefits
LAURA LEMKEEXECUTIVE DI
Officer
40$113,956$18,879
JAMES HARDYPRESIDENT
Trustee or director, Officer
1$0$0
CHERYL SIMPSONVICE PRESIDE
Trustee or director, Officer
1$0$0
MARK HERBERGSECRETARY
Trustee or director, Officer
1$0$0
BOB HEIMTREASURER
Trustee or director, Officer
1$0$0
LEE BEERDIRECTOR
Trustee or director
1$0$0
RYAN KELBRANTSDIRECTOR
Trustee or director
1$0$0
DALE STENSRUDDIRECTOR
Trustee or director
1$0$0
BRIAN YAGERDIRECTOR
Trustee or director
1$0$0
990 for the year ended September 30, 2023: 8 people
NameTitleHours / weekCompensation
DAVE ESTREMPRESIDENT
Trustee or director, Officer
1$0
BOB HEIMTREASURER
Trustee or director, Officer
1$0
LEE BEERDIRECTOR
Trustee or director
1$0
JAMES HARDYVICE PRESIDE
Trustee or director, Officer
1$0
RYAN KELBRANTSDIRECTOR
Trustee or director
1$0
MARK HERBERGSECRETARY
Trustee or director, Officer
1$0
CHERYL SIMPSONDIRECTOR
Trustee or director
1$0
BRIAN YAGERDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
125 MAIN ST W, NEW PRAGUE, MN 56071-1535
Principal officer (990 for 2024)
LAURA LEMKE
Signed the 990
LAURA LEMKE, EXECUTIVE DIRECTOR
Phone
(651) 454-8212
Return prepared by
CARLSONSV LLP

Mission

THE MISSION OF THE MINNESOTA GRAIN AND FEED ASSOCIATION IS TO SERVE THE AGRIBUSINESS INDUSTRY WITH INTEGRITY, RESPECT AND INNOVATION IN ITS PROGRAMS AND SERVICES.

990 for the year ended September 30, 2025

Program accomplishments

  • THE YEARBOOK IS PUBLISHED ANNUALLY AND LISTS ALL GRAIN ELEVATORS IN THE STATE. ALL MEMBERS RECEIVE A COPY, INDUSTRY INFORMATION AND SUPPLIER ADS ARE ALSO INCLUDED.
  • PROGRAMS FOR MEMBERS INCLUDE GRAIN GRADING SCHOOL AND SAFETY AND HEALTH WORKSHOPS.
  • THE ANNUAL CONVENTION IS OPEN TO ALL MEMBERS AND FEATURES A VARIETY OF EDUCATIONAL AND INFORMATIONAL PRESENTATIONS.
  • READERSHIP COSTS ASSOCIATED WITH THE UNRELATED BUSINESS INCOME IN CONNECTION WITH THE ORGANIZATION'S PUBLICATION INCOME.

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 September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026990 on file
2023September 30, 2024February 18, 2025990 on file

IRS record

EIN
41-0248640
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1944
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$717,448
Income (IRS master file)
$502,564

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$464,791$436,723$717,448XML
990September 2024$445,089$433,814$721,092XML
990September 2023$445,293$437,255$546,385XML
990September 2022$521,847$598,874$527,833IRS
990September 2021–––IRS
990September 2020–––IRS
990September 2019–––IRS
990September 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 41-0248640).

Questions about MINNESOTA GRAIN AND FEED ASSOCIATION

What is the EIN of MINNESOTA GRAIN AND FEED ASSOCIATION?
The employer identification number (EIN) of MINNESOTA GRAIN AND FEED ASSOCIATION is 41-0248640.
Is MINNESOTA GRAIN AND FEED ASSOCIATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1944.
Are donations to MINNESOTA GRAIN AND FEED ASSOCIATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does MINNESOTA GRAIN AND FEED ASSOCIATION 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 MINNESOTA GRAIN AND FEED ASSOCIATION due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MINNESOTA GRAIN AND FEED ASSOCIATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of MINNESOTA GRAIN AND FEED ASSOCIATION?
The 990 for the year ended September 30, 2025 names LAURA LEMKE.
Who are the officers and directors of MINNESOTA GRAIN AND FEED ASSOCIATION?
The 990 for the year ended September 30, 2025 lists 9 people; 1 received compensation from the organization, the highest $119,654 (LAURA LEMKE, EXECUTIVE DI).
How much revenue does MINNESOTA GRAIN AND FEED ASSOCIATION have?
On its 990 for the year ended September 30, 2025 it reported revenue of $464,791, expenses of $436,723 and total assets of $717,448 at year end.

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