Nonprofit · EIN 41-1280596
PRG INC
Tax-exempt · MINNEAPOLIS, MN 55407
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,810,208 | $1,364,903 | $445,305 | $6,469,052 | $4,057,716 | $2,411,336 |
| December 31, 2024 | 990 | $1,294,071 | $1,245,399 | $48,672 | $5,403,864 | $3,437,833 | $1,966,031 |
| December 31, 2023 | 990 | $1,035,017 | $850,616 | $184,401 | $4,216,429 | $2,299,070 | $1,917,359 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $676,085
- Program service revenue
- $1,069,758
- Investment income
- $64,365
- Net gain from sales of assets
- $62,226
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $201,229
- Other salaries and wages
- $695,783
- Salaries, compensation and benefits (total)
- $1,095,294
- Professional fundraising fees
- $0
- Accounting fees
- $24,350
- Occupancy
- $20,840
- Travel
- $2,356
- Depreciation
- $31,476
- Program services (functional)
- $1,095,926
- Management and general (functional)
- $204,109
- Fundraising (functional)
- $64,868
Balance sheet and other
- Total assets, start of year
- $5,403,864
- Total assets, end of year
- $6,469,052
- Total liabilities, end of year
- $4,057,716
- Net assets, end of year
- $2,411,336
- Land, buildings and equipment
- $244,692
- Net assets without donor restrictions
- $1,763,475
- Net assets with donor restrictions
- $647,861
- Gross receipts
- $4,685,648
- Employees
- 14
- Volunteers
- 32
- Year formed
- 1976
- 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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KIRSTIN BURCH | EXECUTIVE DIRECTOR Officer | 50 | $178,609 | $22,619 |
| ANNA WILLIAMSON | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| LYNN CAMP | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| RYAN KLUPACS | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| CATE KURIA | MEMBER Trustee or director | 1 | $0 | $0 |
| CORINA SERRANO | MEMBER Trustee or director | 1 | $0 | $0 |
| TARRYN WILSON | MEMBER Trustee or director | 1 | $0 | $0 |
| PORTIA JACKSON | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| ELENA GAARDER | MEMBER Trustee or director | 1 | $0 | $0 |
| CLAUDIA HOLT | MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2024: 11 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KATHRYN WETZEL-MASTEL | EXECUTIVE DIRECTOR (UNTIL DEC. 2024) Officer | 50 | $166,372 | $13,945 |
| KIRSTIN BURCH | EXECUTIVE DIRECTOR Officer | 50 | $8,376 | $0 |
| ANNA WILLIAMSON | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| LYNN CAMP | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| RYAN KLUPACS | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| CATE KURIA | MEMBER Trustee or director | 1 | $0 | $0 |
| CORINA SERRANO | MEMBER Trustee or director | 1 | $0 | $0 |
| TARRYN WILSON | MEMBER Trustee or director | 1 | $0 | $0 |
| PORTIA JACKSON | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| ELENA GAARDER | MEMBER Trustee or director | 1 | $0 | $0 |
| CLAUDIA HOLT | MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KATHRYN WETZEL-MASTEL | EXECUTIVE DIRECTOR Officer | 50 | $136,779 | $12,431 |
| ANNA WILLIAMSON | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| AKISHA EVERETT | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| LYNN CAMP | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| CATE KURIA | MEMBER Trustee or director | 1 | $0 | $0 |
| RYAN KLUPACS | MEMBER Trustee or director | 1 | $0 | $0 |
| ALBERT BRISCOE | MEMBER Trustee or director | 1 | $0 | $0 |
| PORTIA JACKSON | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| ELENA GAARDER | MEMBER Trustee or director | 1 | $0 | $0 |
| CLAUDIA HOLT | MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 2017 E 38TH ST, MINNEAPOLIS, MN 55407-2915
- Principal officer (990 for 2025)
- KIRSTIN BURCH, 2017 EAST 38TH STREET, MINNEAPOLIS, MN 55407
- Signed the 990
- KIRSTIN BURCH, EXECUTIVE DIRECTOR
- Phone
- (612) 721-7556
- Website
- WWW.PRGINC.ORG
- Return prepared by
- MAHONEY ULBRICH CHRISTIANSEN & RUSS PA
Mission
PRG COMBINES COMMUNITY-BASED AFFORDABLE HOUSING DEVELOPMENT WITH PRE- AND POST-PURCHASE EDUCATION AND ADVISING TO HELP ALL PEOPLE AND NEIGHBORHOODS THRIVE.
Program accomplishments
- REAL ESTATE DEVELOPMENT: PRG INCREASES THE SUPPLY OF AFFORDABLE HOMES BY REDEVELOPING AND CONSTRUCTING NEW SINGLEFAMILY HOUSING, ADVANCING PROJECTS THAT THE PRIVATE SECTOR WILL NOT TAKE ON. PRG WORKS AT THE INVITATION OF NEIGHBORHOODS, COMMUNITY ORGANIZATIONS, AND SOCIAL SERVICE PROVIDERS TO ADDRESS HOUSING CHALLENGES. INSTEAD OF TAKING A ONESIZEFITSALL APPROACH, WE PRIORITIZE WHAT OUR PARTNER GROUPS WANT AND NEED, AND WE ENGAGE WITH THE COMMUNITY THROUGHOUT THE DEVELOPMENT PROCESS. HISTORICALLY, THIS HAS MEANT A RANGE OF SINGLEFAMILY, MULTIFAMILY, AND SUPPORTIVE HOUSING PROJECTS. IN 2025, WE CONTINUED TO ALLOT OUR DEVELOPMENT CAPACITY TO SINGLEFAMILY HOMES IN OUR EFFORT TO NARROW THE HOMEOWNERSHIP GAP. PRG DEVELOPED AND SOLD 6 SINGLE-FAMILY HOMES.Expenses $522,047 · revenue $765,219
- HOMEBUYER EDUCATION/ADVISING: PRG PROVIDES EDUCATION AND ADVISING TO ASPIRING HOMEBUYERS AND EXISTING HOMEOWNERS TO HELP ENSURE SUCCESSFUL HOMEOWNERSHIP AND INCREASE FINANCIAL CAPABILITY AT NO COST TO THE CLIENT. IN 2025, PRG HELD 18 FIRSTTIME HOMEBUYER EDUCATION WORKSHOPS, PROVIDING EDUCATION TO 799 INDIVIDUALS. PRG PROVIDED ONEONONE PREPURCHASE HOMEBUYER ADVISING TO 723 INDIVIDUALS. PRG PROVIDED ONE-ON-ONE FORCLOSURE PREVENTION ADVISING TO 173 INDIVIDUALS.Expenses $573,879 · revenue $366,765
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
- 41-1280596
- 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
- 1978
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L20Z)
- Assets (IRS master file)
- $6,469,052
- Income (IRS master file)
- $4,685,648
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,810,208 | $1,364,903 | $6,469,052 | XML |
| 990 | December 2024 | $1,294,071 | $1,245,399 | $5,403,864 | XML |
| 990 | December 2023 | $1,035,017 | $850,616 | $4,216,429 | XML |
| 990 | December 2022 | $927,500 | $855,705 | $4,226,956 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 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 41-1280596).
Questions about PRG INC
- What is the EIN of PRG INC?
- The employer identification number (EIN) of PRG INC is 41-1280596.
- Is PRG INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1978.
- Are donations to PRG INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PRG 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 PRG 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 PRG 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 PRG INC?
- The 990 for the year ended December 31, 2025 names KIRSTIN BURCH.
- Who are the officers and directors of PRG INC?
- The 990 for the year ended December 31, 2025 lists 10 people; 1 received compensation from the organization, the highest $178,609 (KIRSTIN BURCH, EXECUTIVE DIRECTOR).
- How much revenue does PRG INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,810,208, expenses of $1,364,903 and total assets of $6,469,052 at year end.
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