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Nonprofit · EIN 41-1223547

FUNCTIONAL INDUSTRIES INC

Tax-exempt · BUFFALO, MN 55313

Financials

$4.9M$5M2022$5.6M$5.1M2023$6.3M$5.5M2024
Revenue Expenses · by fiscal year end
Financials of FUNCTIONAL INDUSTRIES INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$6,300,331$5,476,416$823,915$13,626,924$383,486$13,243,438
June 30, 2024990$5,617,722$5,122,745$494,977$12,770,199$348,718$12,421,481
June 30, 2023990$4,877,661$5,004,278-$126,617$12,233,501$300,151$11,933,350
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$964,206
of which government grants
$923,946
Program service revenue
$4,841,150
Investment income
$494,975
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$465,466
Other salaries and wages
$2,976,266
Salaries, compensation and benefits (total)
$4,033,244
Professional fundraising fees
$0
Accounting fees
$28,545
Occupancy
$86,610
Depreciation
$147,637
Program services (functional)
$4,719,368
Management and general (functional)
$757,048

Balance sheet and other

Total assets, start of year
$12,770,199
Total assets, end of year
$13,626,924
Total liabilities, end of year
$383,486
Net assets, end of year
$13,243,438
Land, buildings and equipment
$2,445,602
Net assets without donor restrictions
$13,243,438
Gross receipts
$6,300,331
Employees
218
Volunteers
9
Year formed
1973
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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
LISA ZWARTPRESIDENT AND CEO
Key employee
40$325,635$42,743
STEPHANIE FEEKESCHIEF FINANCIAL OFFICER
Officer
40$132,713$38,786
AMBER OSTERVICE PRESIDENT OF WORKFORC
Highest-paid employee
40$121,671$33,568
ASHLEY NORDLIEVICE PRESIDENT OF PROGRAMS AND SERVICES
Highest-paid employee
40$110,664$17,858
ROB STARKCHAIR
Trustee or director, Officer
1$0$0
MICHAEL FOELLVICE CHAIR
Trustee or director, Officer
0.5$0$0
SHAUN CORBINTREASURER
Trustee or director, Officer
0.12$0$0
CHERRYL GILMERSECRETARY
Trustee or director, Officer
0.12$0$0
BRUCE ANDERSONDIRECTOR
Trustee or director
0.25$0$0
STEPHANIE CAPPELLERIDIRECTOR
Trustee or director
0.25$0$0
VINCENT LUNDEENDIRECTOR
Trustee or director
0.25$0$0
TRISH TAYLORDIRECTOR
Trustee or director
0.25$0$0
DENIESE KOCHDIRECTOR
Trustee or director
0.12$0$0
CHELSIE SCHMIDDIRECTOR
Trustee or director
0.12$0$0
990 for the year ended June 30, 2024: 12 people
NameTitleHours / weekCompensationOther / benefits
LISA ZWARTPRESIDENT AND CEO
Key employee
40$288,315$45,426
STEPHANIE FEEKESCHIEF FINANCIAL OFFICER
Officer
40$117,324$41,769
AMBER OSTERVICE PRESIDENT OF WORKFORC
Highest-paid employee
40$107,281$36,043
ROB STARKCHAIR
Trustee or director, Officer
1$0$0
SHAUN CORBINTREASURER
Trustee or director, Officer
0.5$0$0
MICHAEL FOELLVICE CHAIR
Trustee or director, Officer
0.5$0$0
CECILIA LAUBEDIRECTOR
Trustee or director
0.38$0$0
BRUCE ANDERSONDIRECTOR
Trustee or director
0.25$0$0
STEPHANIE CAPPELLERIDIRECTOR
Trustee or director
0.25$0$0
CHERRYL GILMERSECRETARY
Trustee or director, Officer
0.25$0$0
VINCENT LUNDEENDIRECTOR
Trustee or director
0.25$0$0
TRISH TAYLORDIRECTOR
Trustee or director
0.25$0$0
990 for the year ended June 30, 2023: 11 people
NameTitleHours / weekCompensationOther / benefits
LISA ZWARTPRESIDENT AND CEO
Key employee
40$244,340$43,388
STEPHANIE FEEKESCHIEF FINANCIAL OFFICER
Officer
40$107,191$38,807
AMBER OSTERVICE PRESIDENT OF WORKFORCE SOLUTIONS
Trustee or director
40$100,979$34,630
VINCENT LUNDEENCHAIR
Trustee or director, Officer
1$0$0
MIKE FOELLVICE CHAIR
Trustee or director, Officer
0.5$0$0
SHAUN CORBINTREASURER
Trustee or director, Officer
0.5$0$0
CHERRYL GILMERSECRETARY
Trustee or director, Officer
0.5$0$0
BRUCE ANDERSONDIRECTOR
Trustee or director
0.5$0$0
STEPHANIE CAPPELLERIDIRECTOR
Trustee or director
0.5$0$0
ROB STARKDIRECTOR
Trustee or director
0.5$0$0
TRISH TAYLORDIRECTOR
Trustee or director
0.5$0$0

Address and contacts

Address (IRS master file)
1803 HIGHWAY 25 N, BUFFALO, MN 55313-1934
Principal officer (990 for 2024)
LISA M ZWART, PO BOX 336, BUFFALO, MN 55313
Signed the 990
LISA M ZWART, PRESIDENT AND CEO
Phone
(763) 682-4336
Return prepared by
SCHLENNER WENNER & CO CPA'S PA

Mission

TO CREATE AND PROMOTE INNOVATIVE OPPORTUNITIES THAT REVEAL THE NATURAL POTENTIAL OF EACH PERSON WE SERVE.

990 for the year ended June 30, 2025

Program accomplishments

  • FUNCTIONAL INDUSTRIES HAD THE OPPORTUNITY TO ADD A PEER SUPPORT SPECIALIST THROUGH THE COMMUNITY ADULT MENTAL HEALTH INITIATIVE. THIS PROJECT FUNDS PROVIDERS SERVING INDIVIDUALS LIVING WITH A SEVERE AND PERSISTENT MENTAL ILLNESS WHO RESIDE IN BENTON, SHERBURNE, STEARNS AND WRIGHT COUNTIES. THE PEER SUPPORT SPECIALIST IS A TRAINED INDIVIDUALS WITH LIVED EXPERIENCE IN MENTAL HEALTH WHO PROVIDES SUPPORT, GUIDANCE AND ADVOCACY TO OTHERS FACING SIMILAR CHALLENGES. WITH GRANT FUNDS FROM THE COMMUNITY ADULT MENTAL HEALTH INITIATIVE (CAMHI) WE HAVE BEEN ABLE TO HAVE AN ONSITE PEER SUPPORT SPECIALIST SERVE INDIVIDUALS IN NEED.
    Expenses $4,719,368 · revenue $4,841,150
  • THROUGHOUT THE PAST YEAR, FUNCTIONAL INDUSTRIES CONTINUES TO HAVE A LONG WAITLIST OF INDIVIDUALS WHO ARE WANTING DAY SUPPORT SERVICES AND PREVOCATIONAL SERVICES. SINCE JANUARY 2025, THERE HAVE BEEN A TOTAL OF 10 NEW INDIVIDUALS BROUGHT INTO SERVICES OFF OF THE WAITLIST. THIS SHOWS THAT THERE IS A STAFF INCREASE TO SUPPORT THESE INDIVIDUALS AND CONTINUED GROWTH IN THE DREAM ENRICHMENT AND WORK TRAINING PROGRAMS AT FUNCTIONAL INDUSTRIES.
  • IN OCTOBER 2025, FUNCTIONAL INDUSTRIES MADE THE DECISION TO INCREASE ALL HOURLY EMPLOYEES WAGES ONE DOLLAR. THIS ALSO PROVIDED AN OPPORTUNITY TO INCREASE STARTING WAGES FOR HOURLY POSITIONS, INCLUDING OUR DIRECT SUPPORT PROFESSIONALS. THE INCREASE DEMONSTRATED POSITIVE SUPPORT TOWARDS INDIVIDUALS CURRENTLY WORKING AT FUNCTIONAL INDUSTRIES IN HOPES OF RETENTION. WITH AN OPPORTUNITY TO INCREASE THE STARTING WAGE, THE GOAL IS TO APPEAL TO MORE PEOPLE IN THE COMMUNITY TO APPLY FOR OPEN POSITIONS, WHICH IN TURN THEN WE CAN BRING BACK MORE INDIVIDUALS OFF THE WAITLIST.

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

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
41-1223547
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
1974
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$13,626,924
Income (IRS master file)
$6,300,331

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$6,300,331$5,476,416$13,626,924XML
990June 2024$5,617,722$5,122,745$12,770,199XML
990June 2023$4,877,661$5,004,278$12,233,501XML
990June 2022$5,508,910$5,322,097$11,618,869IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 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 41-1223547).

Questions about FUNCTIONAL INDUSTRIES INC

What is the EIN of FUNCTIONAL INDUSTRIES INC?
The employer identification number (EIN) of FUNCTIONAL INDUSTRIES INC is 41-1223547.
Is FUNCTIONAL INDUSTRIES INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1974.
Are donations to FUNCTIONAL INDUSTRIES INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FUNCTIONAL INDUSTRIES 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 FUNCTIONAL INDUSTRIES INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FUNCTIONAL INDUSTRIES INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of FUNCTIONAL INDUSTRIES INC?
The 990 for the year ended June 30, 2025 names LISA M ZWART.
Who are the officers and directors of FUNCTIONAL INDUSTRIES INC?
The 990 for the year ended June 30, 2025 lists 14 people; 4 received compensation from the organization, the highest $325,635 (LISA ZWART, PRESIDENT AND CEO).
How much revenue does FUNCTIONAL INDUSTRIES INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $6,300,331, expenses of $5,476,416 and total assets of $13,626,924 at year end.

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