Nonprofit · EIN 41-1708796
LUNDBORG FOUNDATION
Tax-exempt · HOPKINS, MN 55343
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $825,348 | $208,062 | $617,286 | $5,045,258 | $2,555 | $5,042,703 |
| December 31, 2023 | 990-PF | $916,999 | $152,797 | $764,202 | $6,068,076 | $5,021 | $6,063,055 |
| December 31, 2022 | 990-PF (amended) | $1,026,047 | $105,361 | $920,686 | $5,299,587 | $734 | $5,298,853 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $63,487
- Interest
- $24,909
- Net gain from sales of assets
- $861,195
- Other income
- -$124,243
Expenses
- Grants and similar amounts paid
- $7,528
- Compensation of officers, directors and key employees
- $45,345
- Salaries, compensation and benefits (total)
- $62,500
- Disbursements for charitable purposes
- $102,602
- Excise tax on investment income
- $12,975
Balance sheet and other
- Total assets, start of year
- $6,068,076
- Total assets, end of year
- $5,045,258
- Total liabilities, end of year
- $2,555
- Net assets, end of year
- $5,042,703
- Fair market value of assets
- $5,042,386
- Qualifying distributions
- $102,602
- Net investment income
- $949,584
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-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL LUNDBORG 850 NINE MILE COVE NORTH, HOPKINS, MN 55343 | PRESIDENT | 0 | $26,595 |
| STEPHANIE LUNDBORG 850 NINE MILE COVE NORTH, HOPKINS, MN 55343 | SECRETARY | 0 | $18,750 |
| DONNA LUNDBORG 8106 HIGHWOOD DR, Y239, MINNEAPOLIS, MN 55438 | VICE PRESIDE | 0 | $0 |
| HAYDEN LUNDBORG 850 NINE MILE COVE NORTH, HOPKINS, MN 55343 | TREASURER | 0 | $0 |
| RODNEY JACKSON 850 NINE MILE COVE NORTH, HOPKINS, MN 55343 | DIRECTOR | 0 | $0 |
| RANDY KROLL 850 NINE MILE COVE NORTH, HOPKINS, MN 55343 | DIRECTOR | 0 | $0 |
| NANCY MAYO 850 NINE MILE COVE NORTH, HOPKINS, MN 55343 | DIRECTOR | 0 | $0 |
| KEITH MYRMEL 850 NINE MILE COVE NORTH, HOPKINS, MN 55343 | VICE CHAIRMA | 0 | $0 |
| KATHY WUCHERPFENNIG 850 NINE MILE COVE NORTH, HOPKINS, MN 55343 | DIRECTOR | 0 | $0 |
990-PF for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL LUNDBORG 850 NINE MILE COVE NORTH, HOPKINS, MN 55343 | PRESIDENT | 0 | $30,000 |
| STEPHANIE LUNDBORG 850 NINE MILE COVE NORTH, HOPKINS, MN 55343 | SECRETARY | 0 | $13,650 |
| DONNA LUNDBORG 8106 HIGHWOOD DR, Y239, MINNEAPOLIS, MN 55438 | VICE PRESIDE | 0 | $0 |
| HAYDEN LUNDBORG 850 NINE MILE COVE NORTH, HOPKINS, MN 55343 | TREASURER | 0 | $0 |
| RODNEY JACKSON 850 NINE MILE COVE NORTH, HOPKINS, MN 55343 | DIRECTOR | 0 | $0 |
| RANDY KROLL 850 NINE MILE COVE NORTH, HOPKINS, MN 55343 | CHAIRMAN | 0 | $0 |
| NANCY MAYO 850 NINE MILE COVE NORTH, HOPKINS, MN 55343 | DIRECTOR | 0 | $0 |
| KEITH MYRMEL 850 NINE MILE COVE NORTH, HOPKINS, MN 55343 | VICE CHAIRMA | 0 | $0 |
| KATHY WUCHERPFENNIG 850 NINE MILE COVE NORTH, HOPKINS, MN 55343 | DIRECTOR | 0 | $0 |
990-PF for the year ended December 31, 2022: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL LUNDBORG 850 NINE MILE COVE NORTH, HOPKINS, MN 55343 | PRESIDENT | 12 | $30,000 |
| DONNA LUNDBORG 8106 HIGHWOOD DR, Y239, MINNEAPOLIS, MN 55438 | VICE PRESIDE | 0 | $0 |
| STEPHANIE LUNDBORG 850 NINE MILE COVE NORTH, HOPKINS, MN 55343 | SECRETARY | 1 | $0 |
| HAYDEN LUNDBORG 850 NINE MILE COVE NORTH, HOPKINS, MN 55343 | TREASURER | 1 | $0 |
| RANDY KROLL 850 NINE MILE COVE NORTH, HOPKINS, MN 55343 | CHAIRMAN | 0 | $0 |
| NANCY MAYO 850 NINE MILE COVE NORTH, HOPKINS, MN 55343 | DIRECTOR | 0 | $0 |
| SCOTT MEADOWS 850 NINE MILE COVE NORTH, HOPKINS, MN 55343 | VICE CHAIRMA | 0 | $0 |
| KEITH MYRMEL 850 NINE MILE COVE NORTH, HOPKINS, MN 55343 | DIRECTOR | 0 | $0 |
| KATHY WUCHERPFENNIG 850 NINE MILE COVE NORTH, HOPKINS, MN 55343 | DIRECTOR | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 850 NINE MILE CV N, HOPKINS, MN 55343-7756
- In care of
- % RICHARD E LUNDBORG PRES
- Signed the 990-PF
- RANDY KROLL, DIRECTOR
- Phone
- (651) 230-9400
- Website
- WWW.LUNDBORG.ORG
- Return prepared by
- RYAN HODGINS & ASSOCIATES CPAS
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. 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-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 41-1708796
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1993
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $5,045,258
- Income (IRS master file)
- $2,271,550
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $825,348 | $208,062 | $5,045,258 | IRS |
| 990-PF | December 2023 | $916,999 | $152,797 | $6,068,076 | XML |
| 990-PF | December 2022 | $1,026,047 | $105,361 | $5,299,587 | XML |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2019 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about LUNDBORG FOUNDATION
- What is the EIN of LUNDBORG FOUNDATION?
- The employer identification number (EIN) of LUNDBORG FOUNDATION is 41-1708796.
- Is LUNDBORG FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
- Are donations to LUNDBORG FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does LUNDBORG FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of LUNDBORG 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 LUNDBORG FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of LUNDBORG FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 9 people; 2 received compensation from the organization, the highest $26,595 (MICHAEL LUNDBORG, PRESIDENT).
- How much revenue does LUNDBORG FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $825,348, expenses of $208,062 and total assets of $5,045,258 at year end.
Other nonprofits in HOPKINS
- BLAKE SCHOOL EIN 23-7243247 · last filed 990 for 2025
- METROPOLITAN COMMUNITY SERVICES EIN 46-1868140 · last filed 990 for 2024
- OAK RIDGE COUNTRY CLUB EIN 41-0453357 · last filed 990 for 2025
- VAIL PLACE INC EIN 41-1394766 · last filed 990 for 2024
- UBAH MEDICAL ACADEMY EIN 65-1216779 · last filed 990 for 2025
- CHESTERTON ACADEMY EIN 38-3773629 · last filed 990 for 2023
- STAGES THEATRE COMPANY INC EIN 36-3328812 · last filed 990 for 2025
- KID ZONE CHILD CARE CENTER EIN 41-1683532 · last filed 990 for 2024