Nonprofit · EIN 41-1560554
GRAND ITASCA FOUNDATION
Tax-exempt · GRAND RAPIDS, MN 55744
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $272,620 | $347,207 | -$74,587 | $1,433,236 | $272,436 | $1,160,800 |
| December 31, 2023 | 990 | $229,153 | $203,446 | $25,707 | $1,750,233 | $262,166 | $1,488,067 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $129,978
- Program service revenue
- $0
- Investment income
- $30,652
- Net income from fundraising events
- $111,990
- Other revenue
- $111,990
Expenses
- Grants and similar amounts paid
- $336,935
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $336,935
- Management and general (functional)
- $10,272
Balance sheet and other
- Total assets, start of year
- $1,750,233
- Total assets, end of year
- $1,433,236
- Total liabilities, end of year
- $272,436
- Net assets, end of year
- $1,160,800
- Net assets without donor restrictions
- -$576,458
- Net assets with donor restrictions
- $1,737,258
- Gross receipts
- $330,628
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1986
- 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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Jean MacDonell | Ex-Officio Officer | 1 | $0 | $568,690 | $89,766 |
| Rose Villenueve GNP | Co-Chair Trustee or director, Officer | 1 | $0 | $250,826 | $43,973 |
| Brianne Wagner | Foundation Director Officer | 40 | $0 | $145,047 | $41,339 |
| Katie Troumbly RN | Secretary Trustee or director | 1 | $0 | $142,493 | $10,794 |
| Kim Morse | Director, new 1-2024 Trustee or director | 1 | $0 | $96,324 | $6,913 |
| Elizabeth Miskovich | Co-Chair Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Bryan Sergot | Director Trustee or director | 1 | $0 | $0 | $0 |
| Crystal Burggraf | Director, new 1-2024 Trustee or director | 1 | $0 | $0 | $0 |
| Dajana Condos DC | Director Trustee or director | 1 | $0 | $0 | $0 |
| Mike Aultman | Director Trustee or director | 1 | $0 | $0 | $0 |
| Mike Johnson | Director Trustee or director | 1 | $0 | $0 | $0 |
| Nick Rothstein | Treasurer Trustee or director | 1 | $0 | $0 | $0 |
| Scott Gerling MD | Director Trustee or director | 1 | $0 | $0 | $0 |
| Shane Skelly | Director Trustee or director | 1 | $0 | $0 | $0 |
| Spencer Buchert DDS | Director Trustee or director | 1 | $0 | $0 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Wendy Roy | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 20 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| James Hereford | Officer Officer | 1 | $0 | $5,208,444 | $38,307 |
| Jean MacDonell | Officer Officer | 1 | $0 | $492,874 | $80,222 |
| Rose Villenueve | Co-Chair Trustee or director, Officer | 1 | $0 | $143,988 | $38,534 |
| Brianne Wagner | Foundation Director Officer | 40 | $0 | $133,005 | $39,824 |
| Katie Troumbly | Secretary Trustee or director | 1 | $0 | $127,174 | $9,689 |
| Charity Branstad RN | Director, Ended 12-31-23 Trustee or director | 1 | $0 | $96,633 | $5,833 |
| Elizabeth Miskovich | Co-Chair Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Amber Burggraf | Secretary, ended 12-31-23 Trustee or director | 1 | $0 | $0 | $0 |
| Bryaan Sergot | Director, new 1-1-2023 Trustee or director | 1 | $0 | $0 | $0 |
| Dajana Condos DC | Director, new 1-1-2023 Trustee or director | 1 | $0 | $0 | $0 |
| Kirk Gilbertson | Director, ended 12-31-23 Trustee or director | 1 | $0 | $0 | $0 |
| Kristi Kane | Director, end 2022 Trustee or director | 1 | $0 | $0 | $0 |
| Mike Aultman | Director Trustee or director | 1 | $0 | $0 | $0 |
| Mike Johnson | Director, new 1-1-2023 Trustee or director | 1 | $0 | $0 | $0 |
| Nick Rothstein | Treasurer Trustee or director | 1 | $0 | $0 | $0 |
| Scott Gerling | Director Trustee or director | 1 | $0 | $0 | $0 |
| Shane Skelly | Director, new 1-1-2023 Trustee or director | 1 | $0 | $0 | $0 |
| Spencer Buchert | Director Trustee or director | 1 | $0 | $0 | $0 |
| Sue Mattson | Director, end 2022 Trustee or director | 1 | $0 | $0 | $0 |
| Wendy Roy | Director, new 1-1-2023 Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1601 GOLF COURSE RD, GRAND RAPIDS, MN 55744-8648
- Principal officer (990 for 2024)
- Jean MacDonell, 1601 Golf Course Road, Grand Rapids, MN 55744
- Signed the 990
- Jean MacDonell, President & CEO
Mission
To build philanthropic partnerships to support the mission of Grand Itasca Clinic and Hospital.
Program accomplishments
- Grand Itasca Foundation enhances and helps to guarantee the delivery of contributions and provide financial support to Grand Itasca Clinic and Hospital. In 2024 Grand Itasca Foundation awarded $336,935 in total grant funding to organizations and individuals. This includes $290,224 to Grand Itasca Clinic and Hospital for patient focused projects, eight individual scholarship awards totaling $33,000 and care to share grants to 12 recipients for a total of $6,000, and $7,711 patient crisis grants where 198 recipients received financial help.Expenses $336,935 · grants $336,935
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 | Not 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
- 41-1560554
- 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
- 1987
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E22I)
- Assets (IRS master file)
- $1,433,236
- Income (IRS master file)
- $330,628
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $272,620 | $347,207 | $1,433,236 | XML |
| 990 | December 2023 | $229,153 | $203,446 | $1,750,233 | XML |
| 990 | December 2022 | $237,361 | $234,208 | $1,724,500 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 41-1560554).
Questions about GRAND ITASCA FOUNDATION
- What is the EIN of GRAND ITASCA FOUNDATION?
- The employer identification number (EIN) of GRAND ITASCA FOUNDATION is 41-1560554.
- Is GRAND ITASCA FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1987.
- Are donations to GRAND ITASCA FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GRAND ITASCA FOUNDATION 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 GRAND ITASCA FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GRAND ITASCA FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of GRAND ITASCA FOUNDATION?
- The 990 for the year ended December 31, 2024 names Jean MacDonell.
- Who are the officers and directors of GRAND ITASCA FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 16 people; 0 received compensation from the organization.
- How much revenue does GRAND ITASCA FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $272,620, expenses of $347,207 and total assets of $1,433,236 at year end.
Other nonprofits in GRAND RAPIDS
- GRAND ITASCA CLINIC AND HOSPITAL EIN 41-1865874 · last filed 990 for 2024
- GRAND ITASCA CLINIC AND HOSPITAL AUXILLIARY EIN 20-1866252 · last filed 990-EZ for 2025
- TOPS CLUB INC EIN 47-4672620 · last filed 990-N for 2025
- NORTH HOMES INC EIN 41-1682025 · last filed 990 for 2024
- CHARLES K BLANDIN FOUNDATION EIN 41-6038619 · last filed 990-PF for 2024
- NORTHLAND COUNSELING CENTER INC EIN 41-0859738 · last filed 990 for 2025
- GRAND RAPIDS AREA COMMUNITY FNDTN EIN 41-1761590 · last filed 990 for 2025
- KOOTASCA COMMUNITY ACTION INC EIN 41-0904805 · last filed 990 for 2025