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Nonprofit · EIN 41-1424509

MINNESOTA VALLEY ANTIQUE FARM POWER AND MACHINERY ASSOCIATION

Tax-exempt · MONTEVIDEO, MN 56265

Financials

$84K$106K2023$66K$64K2024$9K$76K2025
Revenue Expenses · by fiscal year end
Financials of MINNESOTA VALLEY ANTIQUE FARM POWER AND MACHINERY ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$8,797$75,729-$66,932$509,640$0$509,640
December 31, 2024990$65,838$64,430$1,408$576,572$0$576,572
December 31, 2023990$84,371$106,164-$21,793$575,164$0$575,164
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$3,065
Membership dues
$475
Program service revenue
$3,787
Investment income
$752
Net income from fundraising events
-$3,382
Net income from gaming
$2,134
Other revenue
$1,193

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$750
Occupancy
$2,196
Depreciation
$15,687
Program services (functional)
$73,612
Management and general (functional)
$2,117

Balance sheet and other

Total assets, start of year
$576,572
Total assets, end of year
$509,640
Total liabilities, end of year
$0
Net assets, end of year
$509,640
Land, buildings and equipment
$398,207
Gross receipts
$23,060
Employees
0
Volunteers
169
Year formed
1981
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.

NameTitleHours / weekCompensation
KYLE ASHLINGDIRECTOR
Trustee or director
1$0
ELIJAH FJERKENSTADDIRECTOR
Trustee or director
1$0
DUANE GUUBE JRDIRECTOR
Trustee or director
1$0
MARSHALL LAGREDDIRECTOR
Trustee or director
1$0
REBECCA MILLERDIRECTOR
Trustee or director
1$0
MATTHEW PREUSSERDIRECTOR
Trustee or director
1$0
KATELYNNE DEUTHSECRETARY
Officer
1$0
CHANTEL HAMANNVICE PRESIDE
Officer
1$0
ELIZABETH PETERSONTREASURER
Officer
5$0
GRANT SCHMERGPRESIDENT
Officer
5$0
990 for the year ended December 31, 2024: 10 people
NameTitleHours / weekCompensation
ELIZABETH ASHLINGDIRECTOR
Trustee or director
1$0
KYLE ASHLINGDIRECTOR
Trustee or director
1$0
ELIJAH FJERKENSTADDIRECTOR
Trustee or director
1$0
CHANTEL HAMANNDIRECTOR
Trustee or director
1$0
DUANE GUUBE JRDIRECTOR
Trustee or director
1$0
MARSHALL LAGREDDIRECTOR
Trustee or director
1$0
REBECCA MILLERDIRECTOR
Trustee or director
1$0
ELIZABETH PETERSONTREASURER
Officer
3$0
GRANT SCHMERGPRESIDENT
Officer
5$0
JOSEPH SCHUMACHERVICE PRESIDE
Officer
1$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
KYLE ASHLINGDIRECTOR
Trustee or director
1$0
LIZ ASHLINGDIRECTOR
Trustee or director
1$0
CHANTEL HAMANNDIRECTOR
Trustee or director
1$0
DUANE GUUBE JRDIRECTOR
Trustee or director
1$0
MARSHALL LEGREDDIRECTOR
Trustee or director
1$0
REBECCA MILLERDIRECTOR
Trustee or director
1$0
LESLIE BERGQUISTTREASURER
Officer
3$0
GLEN COONVICE PRESIDE
Officer
1$0
ELIZABETH PETERSONSECRETARY
Officer
1$0
GRANT SCHMERGPRESIDENT
Officer
5$0

Address and contacts

Address (IRS master file)
PO BOX 226, MONTEVIDEO, MN 56265-0226
Principal officer (990 for 2025)
ELIZABETH PETERSON, 349 W ROONEY AVE, APPLETON, MN 56208
Signed the 990
ELIZABETH PETERSON, TREASURER
Phone
(320) 226-7878
Return prepared by
WESTBERG-EISCHENS PLLP

Mission

PRESERVATION, DEMONSTRATION, AND EDUCATION OF AGRICULTURAL HISTORY.

990 for the year ended December 31, 2025

Program accomplishments

  • ANNUAL THRESHING SHOW: THRESHING HARVESTING, TILLAGE, LUMBER SAWING, ANTIQUE TRACTOR AND GAS ENGINE DEMONSTRATION, OTHER HISTORICAL AGRICULTURAL DISPLAYS.
    Expenses $73,612

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
41-1424509
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
1982
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$509,640
Income (IRS master file)
$23,060

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$8,797$75,729$509,640IRS
990December 2024$65,838$64,430$576,572XML
990December 2023$84,371$106,164$575,164XML
990December 2022$134,634$43,983$596,957IRS
990December 2021–––IRS
990December 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 41-1424509).

Questions about MINNESOTA VALLEY ANTIQUE FARM POWER AND MACHINERY ASSOCIATION

What is the EIN of MINNESOTA VALLEY ANTIQUE FARM POWER AND MACHINERY ASSOCIATION?
The employer identification number (EIN) of MINNESOTA VALLEY ANTIQUE FARM POWER AND MACHINERY ASSOCIATION is 41-1424509.
Is MINNESOTA VALLEY ANTIQUE FARM POWER AND MACHINERY ASSOCIATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1982.
Are donations to MINNESOTA VALLEY ANTIQUE FARM POWER AND MACHINERY ASSOCIATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MINNESOTA VALLEY ANTIQUE FARM POWER AND MACHINERY ASSOCIATION file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of MINNESOTA VALLEY ANTIQUE FARM POWER AND MACHINERY ASSOCIATION 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 MINNESOTA VALLEY ANTIQUE FARM POWER AND MACHINERY ASSOCIATION 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 MINNESOTA VALLEY ANTIQUE FARM POWER AND MACHINERY ASSOCIATION?
The 990 for the year ended December 31, 2025 names ELIZABETH PETERSON.
Who are the officers and directors of MINNESOTA VALLEY ANTIQUE FARM POWER AND MACHINERY ASSOCIATION?
The 990 for the year ended December 31, 2025 lists 10 people; 0 received compensation from the organization.
How much revenue does MINNESOTA VALLEY ANTIQUE FARM POWER AND MACHINERY ASSOCIATION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $8,797, expenses of $75,729 and total assets of $509,640 at year end.

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