Nonprofit · EIN 41-1286376
VASALOPPET INC
Tax-exempt · MORA, MN 55051
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| April 30, 2025 | 990 | $230,599 | $168,259 | $62,340 | $768,761 | $53,826 | $714,935 |
| April 30, 2024 | 990 | $107,919 | $182,297 | -$74,378 | $684,184 | $31,589 | $652,595 |
Financial details: 990 for the year ended April 30, 2025
Revenue
- Contributions, gifts and grants
- $95,874
- Program service revenue
- $106,747
- Investment income
- $64
- Net income from fundraising events
- $22,641
- Net income from sales of inventory
- $683
- Other revenue
- $27,914
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $18,397
- Salaries, compensation and benefits (total)
- $20,127
- Professional fundraising fees
- $0
- Legal fees
- $4,137
- Occupancy
- $10,328
- Depreciation
- $36,888
- Program services (functional)
- $164,758
- Management and general (functional)
- $3,501
Balance sheet and other
- Total assets, start of year
- $684,184
- Total assets, end of year
- $768,761
- Total liabilities, end of year
- $53,826
- Net assets, end of year
- $714,935
- Land, buildings and equipment
- $658,795
- Net assets without donor restrictions
- $714,935
- Gross receipts
- $243,037
- Employees
- 2
- Volunteers
- 400
- 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 April 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KATIE KERR | SECRETARY Trustee or director, Officer | – | $0 |
| CHIP GERDIN | PRESIDENT Trustee or director, Officer | – | $0 |
| JON LARSON | DIRECTOR Trustee or director, Officer | – | $0 |
| LUCAS OLEN | DIRECTOR Trustee or director | – | $0 |
| MATT FELGER | DIRECTOR Trustee or director | – | $0 |
| JACK SCHWINGHAMMER | DIRECTOR Trustee or director | – | $0 |
| WADE LENNOX | TREASURER Trustee or director | – | $0 |
| JIM CONWAY | VICE PRESIDE Trustee or director | – | $0 |
| NOELLE NISKANEN | KRANSKULLA Trustee or director | – | $0 |
| JORDAN WOODS | DIRECTOR Trustee or director | – | $0 |
| ANNA PATENAUDE | DIRECTOR Trustee or director | – | $0 |
| KADEN HALVERSON | DIRECTOR Trustee or director | – | $0 |
990 for the year ended April 30, 2024: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KATIE KERR | SECRETARY Trustee or director, Officer | – | $0 |
| CHIP GERDIN | PRESIDENT Trustee or director, Officer | – | $0 |
| JON LARSON | DIRECTOR Trustee or director, Officer | – | $0 |
| JULIE MULFORD | KRANSKULLA Trustee or director | – | $0 |
| DON OLSON | DIRECTOR Trustee or director | – | $0 |
| LUCAS OLEN | DIRECTOR Trustee or director | – | $0 |
| MATT FELGER | DIRECTOR Trustee or director | – | $0 |
| JACK SCHWINGHAMMER | DIRECTOR Trustee or director | – | $0 |
| WADE LENNOX | TREASURER Trustee or director | – | $0 |
| DEBBIE MORRISON | DIRECTOR Trustee or director | – | $0 |
| JIM CONWAY | VICE PRESIDE Trustee or director | – | $0 |
Address and contacts
- Address (IRS master file)
- 100 UNION ST S, MORA, MN 55051-1541
- Principal officer (990 for 2024)
- CHIP GERDIN, PO BOX 22, MORA, MN 55051
- Signed the 990
- CHIP GERDIN, PRESIDENT
- Phone
- (320) 679-2629
- Website
- VASALOPPET.US
- Return prepared by
- JONATHAN M THIEL CPA
Mission
TO PROMOTE A HEALTHY AND ACTIVE OUTDOOR LIFESTYLE, INCLUDING ECONOMIC AND SOCIAL BENEFITS, THROUGH CROSS COUNTRY SKIING AND RELATED PROGRAMS FOR YOUTH, FAMILIES, AND SERIOUS COMPETITORS.
Program accomplishments
- ORGANIZATION OF ANNUAL CROSS COUNTRY SKI RACE WHICH INCLUDES A NUMBER OF DIFFERENT RACE CLASSES BASED ON SKI STYLE, RACE LENGTH, AND AGE OF PARTICIPANTS. MANY OTHER ACTIVITIES ARE AVAILABLE TO GET YOUTH INVOLVED. TOTAL RACE ENTRIES VARY EACH YEAR DUE TO WEATHER AND SNOW CONDITIONS. PARTICIPATION LEVELS OF 1000 ARE NORMAL. IT TAKES COUNTLESS HOURS OF VOLUNTEER TIME BY LOCAL COMMUNITY MEMBERS AND OTHER LOCAL ORGANIZATIONS TO PROMOTE, ORGANIZE, AND RUN THE RACES. MAINTENANCE OF THE TRAILS USED FOR THE RACE IS ALSO DONE BY NUMEROUS VOLUNTEERS.Expenses $129,961 · revenue $98,567
- THE ORGANIZATION ENCOURAGES THE INTEREST IN CROSS COUNTRY SKIING BY WORKING WITH THE LOCAL SCHOOL DISTRICT AND MAINTAINING PRACTICE LOOPS AVAILABLE TO STUDENTS AND THE GENERAL PUBLIC. MANY HOURS OF VOLUNTEER LABOR GO INTO MAINTAINING THESE LOOPS WHICH ARE ALSO USED ON RACE DAY.Expenses $34,797 · revenue $8,180
- THE ORGANIZATIONS OTHER EXPENSES TO PROMOTE ACTIVITIES TO SUPPORT THEIR OVERALL MISSION, INCLUDING ECONOMIC AND SOCIAL BENEFITS, THROUGH CROSS COUNTRY SKIING AND RELATED PROGRAMS FOR YOUTH, FAMILIES, AND SERIOUS COMPETITORS.
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 April, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | April 30, 2026 | September 15, 2026 | Check at the IRS |
| 2024 | April 30, 2025 | September 15, 2025 | 990 on file |
| 2023 | April 30, 2024 | September 16, 2024 | 990 on file |
IRS record
- EIN
- 41-1286376
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1996
- Accounting year ends
- April
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T70Z)
- Assets (IRS master file)
- $670,207
- Income (IRS master file)
- $192,465
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | April 2025 | $230,599 | $168,259 | $768,761 | XML |
| 990 | April 2024 | $107,919 | $182,297 | $684,184 | XML |
| 990 | April 2023 | $214,388 | $208,739 | $774,072 | IRS |
| 990 | April 2022 | $224,018 | $220,494 | $774,793 | IRS |
| 990 | April 2021 | – | – | – | 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 41-1286376).
Questions about VASALOPPET INC
- What is the EIN of VASALOPPET INC?
- The employer identification number (EIN) of VASALOPPET INC is 41-1286376.
- Is VASALOPPET INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
- Are donations to VASALOPPET INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does VASALOPPET 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 VASALOPPET INC due?
- The return for tax year 2026 (the year ending April 30, 2027) is due September 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did VASALOPPET INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended April 2025.
- Who is the principal officer of VASALOPPET INC?
- The 990 for the year ended April 30, 2025 names CHIP GERDIN.
- Who are the officers and directors of VASALOPPET INC?
- The 990 for the year ended April 30, 2025 lists 12 people; 0 received compensation from the organization.
- How much revenue does VASALOPPET INC have?
- On its 990 for the year ended April 30, 2025 it reported revenue of $230,599, expenses of $168,259 and total assets of $768,761 at year end.
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