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Nonprofit · EIN 41-1680234

MERITAS INC

Tax-exempt · BLOOMINGTON, MN 55431

Financials

$4.7M$4.5M2023$4.5M$4.3M2024$4.7M$4.6M2025
Revenue Expenses · by fiscal year end
Financials of MERITAS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$4,724,688$4,554,007$170,681$5,970,159$2,213,440$3,756,719
December 31, 2024990$4,464,463$4,275,556$188,907$5,687,080$2,101,042$3,586,038
December 31, 2023990$4,671,906$4,472,441$199,465$5,463,855$2,066,724$3,397,131
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$4,527,665
Investment income
$119,493
Other revenue
$77,530

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$1,195,603
Other salaries and wages
$289,301
Salaries, compensation and benefits (total)
$1,838,315
Professional fundraising fees
$0
Accounting fees
$10,449
Occupancy
$51,912
Travel
$247,680
Depreciation
$7,169

Balance sheet and other

Total assets, start of year
$5,687,080
Total assets, end of year
$5,970,159
Total liabilities, end of year
$2,213,440
Net assets, end of year
$3,756,719
Land, buildings and equipment
$60,918
Net assets without donor restrictions
$3,756,719
Gross receipts
$4,724,688
Employees
14
Volunteers
0
Year formed
1990
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 / weekCompensationOther / benefits
SONA PANCHOLYPRESIDENT
Officer
40$295,143$24,580
KIMBERLY HEINRICHVP OF GLOBAL MKTING & ENGAGEMENT
Officer
40$189,095$24,818
PAUL WEBBREGIONAL DIRECTOR
Highest-paid employee
40$139,583$24,975
GENE YOCUMCONTROLLER
Highest-paid employee
40$107,772$32,955
KRYSTLE DAHLCOMMUNICATIONS MANAGER
Highest-paid employee
40$107,345$28,368
LUCA CITTONCHAIRMAN OF THE BOARD
Trustee or director
10$93,063$0
MICHAEL BAIERDIRECTOR
Trustee or director
0$0$0
ALICIA GUTIERREZDIRECTOR
Trustee or director
0$0$0
JINARO KIBETDIRECTOR
Trustee or director
0$0$0
LEONIDAS PRIETODIRECTOR
Trustee or director
0$0$0
HANS HELWIGDIRECTOR
Trustee or director
0$0$0
CAL WATSONDIRECTOR
Trustee or director
0$0$0
JEFFREY LIMDIRECTOR
Trustee or director
0$0$0
MINDY MORTONDIRECTOR
Trustee or director
0$0$0
URMAS USTAVDIRECTOR
Trustee or director
0$0$0
16 more people on this return
NameTitleHours / weekCompensation
ADELINA VILLALOBOSDIRECTOR
Trustee or director
0$0
JON WOODALLDIRECTOR
Trustee or director
0$0
GARY COPELOVITZDIRECTOR
Trustee or director
0$0
ANDREW DEAVERDIRECTOR
Trustee or director
0$0
JENNIFER DIBELLADIRECTOR
Trustee or director
0$0
AMY EBELINGDIRECTOR
Trustee or director
0$0
TANIA FERREIRA OSORIODIRECTOR
Trustee or director
0$0
JOSEPH KELLEHERDIRECTOR
Trustee or director
0$0
EMMA RICHMONDDIRECTOR
Trustee or director
0$0
JUDITH WALLACEDIRECTOR
Trustee or director
0$0
CHAKRAPANI MISRADIRECTOR
Trustee or director
0$0
KOWIT SOMWALYADIRECTOR
Trustee or director
0$0
MELISSA PENAVICE CHAIR NON VOTING
Trustee or director
0$0
ALBERTO ESTRELLAVICE CHAIR NON VOTING
Trustee or director
0$0
JONATHAN POLINVICE CHAIR NON VOTING
Trustee or director
0$0
GIL SELINGERVICE CHAIR NON VOTING
Trustee or director
0$0
990 for the year ended December 31, 2024: 28 people
NameTitleHours / weekCompensationOther / benefits
SONA PANCHOLYPRESIDENT
Officer
40$283,791$24,229
KIMBERLY HEINRICHDIR OF GLOBAL MKTING
Officer
40$180,448$27,283
KIM GENDRONREGIONAL DIRECTOR
Highest-paid employee
40$153,891$6,205
GENE YOCUMCONTROLLER
Highest-paid employee
40$103,997$38,289
KRYSTAL DAHLCOMMUNICATIONS MANAGER
Highest-paid employee
40$102,831$33,671
COREY GARVERLEGAL TECH ADVISOR
Highest-paid employee
40$112,750$15,558
LUCA CITTONCHAIRMAN OF THE BOARD
Trustee or director
10$90,460$0
MICHAEL BAIERDIRECTOR
Trustee or director
0$0$0
ALICIA GUTIERREZDIRECTOR
Trustee or director
0$0$0
JINARO KIBETDIRECTOR
Trustee or director
0$0$0
LEONIDAS PRIETODIRECTOR
Trustee or director
0$0$0
KOWIT SOMWAIYADIRECTOR
Trustee or director
0$0$0
CAL WATSONDIRECTOR
Trustee or director
0$0$0
ALBERTO ESTRELLADIRECTOR
Trustee or director
0$0$0
PETER JAARIDIRECTOR
Trustee or director
0$0$0
KWADWO NTRAKWAHDIRECTOR
Trustee or director
0$0$0
CRAIG PARRYDIRECTOR
Trustee or director
0$0$0
FABIANA SOLANODIRECTOR
Trustee or director
0$0$0
DREW DILLWORTHDIRECTOR
Trustee or director
0$0$0
ALEX DOBREVDIRECTOR
Trustee or director
0$0$0
ESTHER DOMINGUEZDIRECTOR
Trustee or director
0$0$0
MATT EVANSDIRECTOR
Trustee or director
0$0$0
ANDREW LAMBROSDIRECTOR
Trustee or director
0$0$0
DAVID REIDDIRECTOR
Trustee or director
0$0$0
EMMA RICHMONDDIRECTOR
Trustee or director
0$0$0
JUDITH WALLACEDIRECTOR
Trustee or director
0$0$0
PHILIP WONGDIRECTOR
Trustee or director
0$0$0
AMANDA ESCHDIRECTOR
Trustee or director
0$0$0
990 for the year ended December 31, 2023: 25 people
NameTitleHours / weekCompensationOther / benefits
SONA PANCHOLYPRESIDENT
Officer
40$275,050$22,218
KIMBERLY HEINRICHDIR OF GLOBAL MKTING
Officer
40$168,500$29,439
KIM GENDRONREGIONAL DIRECTOR
Highest-paid employee
40$147,339$5,715
BRETT KRANTZCHAIRMAN OF THE BOARD
Trustee or director
10$87,756$0
CHRISTOPH MORCKDIRECTOR
Trustee or director
0$0$0
DENNIS DOUCETTEDIRECTOR
Trustee or director
0$0$0
NINI HALIMDIRECTOR
Trustee or director
0$0$0
LAURA HALLMONDIRECTOR
Trustee or director
0$0$0
ANDRES MONTOYADIRECTOR
Trustee or director
0$0$0
SHELDON STOKESDIRECTOR
Trustee or director
0$0$0
ALBERTO ESTRELLADIRECTOR
Trustee or director
0$0$0
PETER JAARIDIRECTOR
Trustee or director
0$0$0
KWADWO NTRAKWAHDIRECTOR
Trustee or director
0$0$0
CRAIG PARRYDIRECTOR
Trustee or director
0$0$0
FABIANA SOLANODIRECTOR
Trustee or director
0$0$0
DREW DILLWORTHDIRECTOR
Trustee or director
0$0$0
ALEX DOBREVDIRECTOR
Trustee or director
0$0$0
ESTHER DOMINGUEZDIRECTOR
Trustee or director
0$0$0
MATT EVANSDIRECTOR
Trustee or director
0$0$0
ANDREW LAMBROSDIRECTOR
Trustee or director
0$0$0
DAVID REIDDIRECTOR
Trustee or director
0$0$0
EMMA RICHMONDDIRECTOR
Trustee or director
0$0$0
JUDITH WALLACEDIRECTOR
Trustee or director
0$0$0
PHILIP WONGDIRECTOR
Trustee or director
0$0$0
AMANDA ESCHDIRECTOR
Trustee or director
0$0$0

Address and contacts

Address (IRS master file)
3800 AMERICAN BLVD W STE 995, BLOOMINGTON, MN 55431-4457
In care of
% LAUREN BURNHAM
Principal officer (990 for 2025)
SONA PANCHOLY, 3800 AMERICAN BLVD W SUITE 995, BLOOMINGTON, MN 55431
Signed the 990
SONA PANCHOLY, PRESIDENT
Phone
(612) 339-8680
Return prepared by
RITZ & ASSOCIATES PA

Mission

SEE SCHEDULE O

990 for the year ended December 31, 2025

Program accomplishments

  • MEMBER MEETINGS: THE PRIMARY GOAL OF MEMBER MEETINGS IS TO BUILD RELATIONSHIPS. BY DOING SO, THE ORGANIZATION ACHIEVES ITS OVERALL GOAL OF BUILDING TRUST BETWEEN ITS MEMBERS SUCH THAT LEGAL WORK CAN BE REFERRED WITH CONFIDENCE ACROSS ALL REGIONS OF THE NETWORK. A SECONDARY GOAL IS TO PROVIDE A FORUM FOR THE EDUCATION OF MEMBERS ON VARIOUS LEGAL ISSUES, MARKETING TRENDS, BUSINESS DEVELOPMENT TECHNIQUES AND FIRM MANAGEMENT.
  • MARKETING: MARKETING AT MERITAS INCLUDES THE MERITAS WEBSITE, A FIRM MANAGEMENT CONTENT PROGRAM, TRADESHOW APPEARANCES AND SPONSORSHIPS AS WELL AS PUBLICATIONS. THE OBJECTIVE OF MARKETING IS TO CREATE AWARENESS OF THE MERITAS ORGANIZATION AMONG PROSPECTIVE CLIENTS OF MERITAS FIRMS.
  • REGIONAL MEMBER SUPPORT: REGIONAL MEMBER SUPPORT INVOLVES THE DEVELOPMENT AND MANAGEMENT OF INITIATIVES THAT FACILITATE MEMBER ENGAGEMENT, LEADERSHIP AND PLANNING AND THE SHARING OF INFORMATION AND BEST PRACTICES. MEMBER FIRMS ARE SUPPORTED THROUGH THE PLANNING, EXECUTION AND FOLLOW-UP OF THESE REGIONAL INITIATIVES.

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 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
41-1680234
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Exempt since
1996
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$5,970,159
Income (IRS master file)
$4,724,688

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$4,724,688$4,554,007$5,970,159XML
990December 2024$4,464,463$4,275,556$5,687,080XML
990December 2023$4,671,906$4,472,441$5,463,855XML
990December 2022$4,193,238$3,938,713$5,178,417IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 41-1680234).

Questions about MERITAS INC

What is the EIN of MERITAS INC?
The employer identification number (EIN) of MERITAS INC is 41-1680234.
Is MERITAS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1996.
Which annual return does MERITAS 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 MERITAS 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 MERITAS 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 MERITAS INC?
The 990 for the year ended December 31, 2025 names SONA PANCHOLY.
Who are the officers and directors of MERITAS INC?
The 990 for the year ended December 31, 2025 lists 31 people; 6 received compensation from the organization, the highest $295,143 (SONA PANCHOLY, PRESIDENT).
How much revenue does MERITAS INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $4,724,688, expenses of $4,554,007 and total assets of $5,970,159 at year end.

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