Nonprofit · EIN 41-0990253
OTTER TAIL AGRICULTURAL SOCIETY & FAIR ASSOCIATION
Tax-exempt · FERGUS FALLS, MN 56538
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $268,776 | $218,047 | $50,729 | $439,539 | $19,119 | $420,420 |
| September 30, 2024 | 990 | $233,407 | $229,667 | $3,740 | $400,451 | $30,811 | $369,640 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $41,346
- Membership dues
- $300
- Program service revenue
- $138,720
- Investment income
- $1,519
- Net rental income
- $59,544
- Other revenue
- $87,191
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $22,672
- Other salaries and wages
- $6,894
- Salaries, compensation and benefits (total)
- $31,412
- Professional fundraising fees
- $0
- Accounting fees
- $2,907
- Occupancy
- $50,917
- Travel
- $2,038
- Depreciation
- $29,386
- Program services (functional)
- $123,086
- Management and general (functional)
- $100,034
Balance sheet and other
- Total assets, start of year
- $400,451
- Total assets, end of year
- $439,539
- Total liabilities, end of year
- $19,119
- Net assets, end of year
- $420,420
- Land, buildings and equipment
- $249,736
- Gross receipts
- $268,776
- Employees
- 3
- Year formed
- 1905
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN SETHRE | DIRECTOR Trustee or director, Key employee | 5 | $14,923 |
| MONICA PETERSEN | SECRETARY Trustee or director, Officer, Key employee | 4 | $3,439 |
| JUSTIN BEYER | VICE PRESIDENT Officer | 5 | $1,700 |
| LUCAS BAKKEN | PRESIDENT Officer | 3 | $1,600 |
| CARISSA HEETER | DIRECTOR Trustee or director | 2 | $500 |
| THOMAS SCHIESSER | DIRECTOR Trustee or director | 2 | $500 |
| AL LUNDQUIST | DIRECTOR Trustee or director | 2 | $500 |
| JOHN BROOBERG | DIRECTOR Trustee or director | 2 | $500 |
| MIKE HOLSTROM | DIRECTOR Trustee or director | 2 | $500 |
| BEN WOLDEN | DIRECTOR Trustee or director | 2 | $500 |
| MARSHA WILLIAMS | TREASURER Trustee or director, Officer | 4 | $450 |
| MONICA THOMPSON | DIRECTOR Trustee or director, Officer, Key employee | 2 | $450 |
| JP POLEJEWSKI | DIRECTOR Trustee or director | 2 | $450 |
990 for the year ended September 30, 2024: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN SETHRE | DIRECTOR Trustee or director, Key employee | 5 | $13,755 |
| MONICA PETERSEN | SECRETARY Trustee or director, Officer, Key employee | 4 | $2,349 |
| MIKE HOLSTROM | DIRECTOR Trustee or director | 2 | $1,700 |
| JUSTIN BEYER | VICE PRESIDENT Officer | 5 | $1,700 |
| CARISSA HEETER | DIRECTOR Trustee or director | 2 | $500 |
| MONICA THOMPSON | DIRECTOR Trustee or director | 2 | $500 |
| JOHN BROOBERG | DIRECTOR Trustee or director | 2 | $500 |
| BEN WOLDEN | DIRECTOR Trustee or director | 2 | $500 |
| JP POLEJEWSKI | DIRECTOR Trustee or director | 2 | $500 |
| MARSHA WILLIAMS | TREASURER Trustee or director, Officer | 4 | $450 |
| AL LUNDQUIST | DIRECTOR Trustee or director | 2 | $450 |
| THOMAS SCHIESSER | DIRECTOR Trustee or director | 2 | $400 |
| LUCAS BAKKEN | PRESIDENT Officer | 3 | $350 |
Address and contacts
- Address (IRS master file)
- PO BOX 352, FERGUS FALLS, MN 56538-0352
- Principal officer (990 for 2024)
- Lucas Bakken, PO Box 352, Fergus Falls, MN 565380352
- Signed the 990
- Lucas Bakken, President
- Phone
- (218) 731-6170
- Return prepared by
- Business Service of Fergus Falls
Mission
The programs benefit 4-H boys and girls of West Otter Tail County and Senior Citizens. The programs and events are designed to provide opportunities for youth development in agriculture. The activities include livestock and non livestock exhibitors.
Program accomplishments
- The programs benefit 4-H boys and girls of West Otter Tail County and Senior Citizzens. The programs and events are designed to provide opportunities for youth development in agriculture. The activities include livestock and non livestock exhibitors.Expenses $123,086 · grants $5,400 · revenue $179,766
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 41-0990253
- Tax-exempt status
- 501(c)(5): Labor, agricultural or horticultural organization
- Donations deductible
- No
- Exempt since
- 1945
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $439,539
- Income (IRS master file)
- $268,776
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $268,776 | $218,047 | $439,539 | IRS |
| 990 | September 2024 | $233,407 | $229,667 | $400,451 | XML |
| 990 | September 2023 | $237,969 | $229,510 | $401,630 | IRS |
| 990 | September 2022 | – | – | – | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | 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 41-0990253).
Questions about OTTER TAIL AGRICULTURAL SOCIETY & FAIR ASSOCIATION
- What is the EIN of OTTER TAIL AGRICULTURAL SOCIETY & FAIR ASSOCIATION?
- The employer identification number (EIN) of OTTER TAIL AGRICULTURAL SOCIETY & FAIR ASSOCIATION is 41-0990253.
- Is OTTER TAIL AGRICULTURAL SOCIETY & FAIR ASSOCIATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(5) since 1945.
- Are donations to OTTER TAIL AGRICULTURAL SOCIETY & FAIR ASSOCIATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does OTTER TAIL AGRICULTURAL SOCIETY & FAIR 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 OTTER TAIL AGRICULTURAL SOCIETY & FAIR 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 OTTER TAIL AGRICULTURAL SOCIETY & FAIR 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 OTTER TAIL AGRICULTURAL SOCIETY & FAIR ASSOCIATION?
- The 990 for the year ended September 30, 2025 names Lucas Bakken.
- Who are the officers and directors of OTTER TAIL AGRICULTURAL SOCIETY & FAIR ASSOCIATION?
- The 990 for the year ended September 30, 2025 lists 13 people; 13 received compensation from the organization, the highest $14,923 (JOHN SETHRE, DIRECTOR).
- How much revenue does OTTER TAIL AGRICULTURAL SOCIETY & FAIR ASSOCIATION have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $268,776, expenses of $218,047 and total assets of $439,539 at year end.
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