Nonprofit · EIN 41-1288388
FARIBO AREA SENIOR CITIZENS INC
Tax-exempt · FARIBAULT, MN 55021
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $300,178 | $318,263 | -$18,085 | $2,493,547 | $2,943 | $2,490,604 |
| December 31, 2024 | 990 | $284,670 | $328,262 | -$43,592 | $2,545,199 | $47,296 | $2,497,903 |
| December 31, 2023 | 990 | $265,048 | $325,535 | -$60,487 | $2,636,598 | $103,537 | $2,533,061 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $135,177
- of which government grants
- $65,351
- Membership dues
- $16,382
- Program service revenue
- $54,464
- Investment income
- $25,256
- Net rental income
- $19,057
- Net gain from sales of assets
- $16,727
- Net income from fundraising events
- $14,545
- Net income from sales of inventory
- $51,679
- Other revenue
- $85,281
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $70,322
- Other salaries and wages
- $64,659
- Salaries, compensation and benefits (total)
- $145,794
- Professional fundraising fees
- $0
- Accounting fees
- $7,572
- Occupancy
- $5,641
- Depreciation
- $100,189
- Program services (functional)
- $297,879
- Management and general (functional)
- $20,221
- Fundraising (functional)
- $163
Balance sheet and other
- Total assets, start of year
- $2,545,199
- Total assets, end of year
- $2,493,547
- Total liabilities, end of year
- $2,943
- Net assets, end of year
- $2,490,604
- Land, buildings and equipment
- $2,119,760
- Publicly traded securities
- $293,860
- Net assets without donor restrictions
- $2,490,604
- Gross receipts
- $333,106
- Employees
- 5
- Year formed
- 1992
- 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 |
|---|---|---|---|
| JENN KORBEL | EXECUTIVE DI Trustee or director | 40 | $70,323 |
| JOHN SLETTEDAHL | PRESIDENT Officer | 2 | $0 |
| LISA BOEVERS | VICE PRESIDE Officer | 2 | $0 |
| CATHY HOBAN | TREASURER Officer | 2 | $0 |
| SHERI EICHHORN | SECRETARY Officer | 2 | $0 |
| SHERMAYNE CROSS | DIRECTOR Trustee or director | 2 | $0 |
| LYNNE LANGEVIN | DIRECTOR Trustee or director | 2 | $0 |
| MARY NIERMANN | DIRECTOR Trustee or director | 2 | $0 |
| FRED BROUGH | DIRECTOR Trustee or director | – | $0 |
| ANNETTE SCHWARTZ | DIRECTOR Trustee or director | 2 | $0 |
| WALLY WETZEL | DIRECTOR Trustee or director | 2 | $0 |
| BRUCE SCHAFFER | DIRECTOR Trustee or director | 2 | $0 |
| GEORGE GALVIN | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended December 31, 2024: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JENN KORBEL | EXECUTIVE DI Trustee or director | 40 | $70,000 |
| LISA BOEVERS | BOARD Trustee or director | 2 | $0 |
| JULIE CARVER | BOARD Trustee or director | 2 | $0 |
| KENN DUBBLES | BOARD Trustee or director | 2 | $0 |
| GEORGE GALVIN | BOARD Trustee or director | 2 | $0 |
| MARY NIERMANN | BOARD Trustee or director | 2 | $0 |
| BRUCE SCHAFFER | BOARD Trustee or director | 2 | $0 |
| ANNETTE SCHWARTZ | BOARD Trustee or director | 2 | $0 |
| WALTER WETZEL | BOARD Trustee or director | 2 | $0 |
| SHERMAYNE CROSS | PRESIDENT Officer | 2 | $0 |
| SHARON EICHHORN | SECRETARY Officer | 2 | $0 |
| WINNIE HUGHES | TREASURER Officer | 2 | $0 |
| JOHN SLETTEDAHL | VICE PRESIDE Officer | 2 | $0 |
990 for the year ended December 31, 2023: 16 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CARLA NOTYES-PEARSON | FORMER DIREC Trustee or director | 40 | $30,162 |
| MONA KAISER | FORMER DIREC Trustee or director | 40 | $22,958 |
| JENN KORBEL | EXECUTIVE DI Trustee or director | 40 | $5,385 |
| JOHN BATTLES | BOARD Trustee or director | 2 | $0 |
| SHERMAYNE CROSS | BOARD Trustee or director | 2 | $0 |
| KENNETH DUBBELS | BOARD Trustee or director | 2 | $0 |
| GEORGE GALVIN | BOARD Trustee or director | 2 | $0 |
| MARY NIERMANN | BOARD Trustee or director | 2 | $0 |
| ISABELL O'CONNOR | BOARD Trustee or director | 2 | $0 |
| ROYAL ROSS | CITY COUNCIL Trustee or director | 2 | $0 |
| JOHN SLETTEDAHL | BOARD Trustee or director | 2 | $0 |
| WALTER WETZEL | BOARD Trustee or director | 2 | $0 |
| JOHN BELLINGHAM | CHAIR Officer | 2 | $0 |
| JULIE CARVER | VICE CHAIR Officer | 2 | $0 |
| SHARON EICHHORN | SECRETARY Officer | 2 | $0 |
| WINNIE HUGHES | TREASURER Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 19 DIVISION ST W, FARIBAULT, MN 55021-6001
- Principal officer (990 for 2025)
- JOHN SLETTEDAHL, 19 WEST DIVISION ST, FARIBAULT, MN 55021
- Signed the 990
- JENN KORBEL, EXECUTIVE DIRECTOR
- Phone
- (507) 332-7357
- Return prepared by
- REESE WINTER & ASSOCIATES LTD
Mission
TO PROMOTE THE PHYSICAL, EMOTIONAL, INTELLECTUAL, ECONOMIC AND SOCIAL WELL BEING OF OLDER ADULTS AND TO PROMOTE THEIR PARTICIPATION IN ALL ASPECTS OF COMMUNITY LIFE IN FARIBAULT AND THE SURROUNDING AREA
Program accomplishments
- PROVIDING INFORMATION REFERRAL & COUNSELING SERVICES RELATED TO HEALTH, FINANCES, EDUCATION AND EMPLOYMENT.Expenses $297,879 · revenue $54,464
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
- 41-1288388
- 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
- 1989
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P81Z)
- Assets (IRS master file)
- $2,493,547
- Income (IRS master file)
- $333,106
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $300,178 | $318,263 | $2,493,547 | XML |
| 990 | December 2024 | $284,670 | $328,262 | $2,545,199 | XML |
| 990 | December 2023 | $265,048 | $325,535 | $2,636,598 | XML |
| 990 | December 2022 | $230,594 | $305,024 | $2,704,550 | 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 41-1288388).
Questions about FARIBO AREA SENIOR CITIZENS INC
- What is the EIN of FARIBO AREA SENIOR CITIZENS INC?
- The employer identification number (EIN) of FARIBO AREA SENIOR CITIZENS INC is 41-1288388.
- Is FARIBO AREA SENIOR CITIZENS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
- Are donations to FARIBO AREA SENIOR CITIZENS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FARIBO AREA SENIOR CITIZENS 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 FARIBO AREA SENIOR CITIZENS 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 FARIBO AREA SENIOR CITIZENS 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 FARIBO AREA SENIOR CITIZENS INC?
- The 990 for the year ended December 31, 2025 names JOHN SLETTEDAHL.
- Who are the officers and directors of FARIBO AREA SENIOR CITIZENS INC?
- The 990 for the year ended December 31, 2025 lists 13 people; 1 received compensation from the organization, the highest $70,323 (JENN KORBEL, EXECUTIVE DI).
- How much revenue does FARIBO AREA SENIOR CITIZENS INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $300,178, expenses of $318,263 and total assets of $2,493,547 at year end.
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