Nonprofit · EIN 41-1721288
HOBEY BAKER MEMORIAL AWARD FOUNDATION
Tax-exempt · EDEN PRAIRIE, MN 55344
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $116,122 | $109,616 | $6,506 | $467,462 | $0 | $467,462 |
| June 30, 2024 | 990 | $168,039 | $105,813 | $62,226 | $460,956 | $0 | $460,956 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $237,062
- Program service revenue
- $0
- Investment income
- $2,702
- Net income from fundraising events
- -$144,233
- Net income from gaming
- $20,591
- Other revenue
- -$123,642
Expenses
- Grants and similar amounts paid
- $300
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $12,300
- Travel
- $14,197
- Program services (functional)
- $74,615
- Management and general (functional)
- $35,001
Balance sheet and other
- Total assets, start of year
- $460,956
- Total assets, end of year
- $467,462
- Total liabilities, end of year
- $0
- Net assets, end of year
- $467,462
- Net assets without donor restrictions
- $467,462
- Gross receipts
- $308,398
- Employees
- 0
- Volunteers
- 25
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JIM NICHOLS | CHAIRMAN Trustee or director, Officer | 15 | $0 |
| WALLACE OLSON | PRESIDENT Trustee or director, Officer | 15 | $0 |
| JON DOEHR | VICE PRESIDENT Trustee or director, Officer | 10 | $0 |
| LANCE MADSON | TREASURER Trustee or director, Officer | 5 | $0 |
| TREVOR LARSEN | SECRETARY Trustee or director, Officer | 5 | $0 |
| CHUCK RANNEY | DIRECTOR Trustee or director | 2 | $0 |
| COREY GROTHMAN | DIRECTOR Trustee or director | 2 | $0 |
| GARY HAUGEN | DIRECTOR Trustee or director | 2 | $0 |
| JAMES MARTIN | DIRECTOR Trustee or director | 2 | $0 |
| JOEY REILLY | DIRECTOR Trustee or director | 2 | $0 |
| JOHN DAHL | DIRECTOR Trustee or director | 2 | $0 |
| JOHN RUSSO | DIRECTOR Trustee or director | 2 | $0 |
| TOM HAUSER | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended June 30, 2024: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JIM NICHOLS | CHAIRMAN Trustee or director, Officer | 15 | $0 |
| JON DOEHR | VICE PRESIDENT Trustee or director, Officer | 10 | $0 |
| LANCE MADSON | TREASURER Trustee or director, Officer | 5 | $0 |
| TREVOR LARSEN | SECRETARY Trustee or director, Officer | 5 | $0 |
| CHUCK RANNEY | DIRECTOR Trustee or director | 2 | $0 |
| JOEY REILLY | DIRECTOR Trustee or director | 4 | $0 |
| GARY HAUGEN | DIRECTOR Trustee or director | 2 | $0 |
| JAMES MARTIN | DIRECTOR Trustee or director | 15 | $0 |
| JOHN DAHL | DIRECTOR Trustee or director | 2 | $0 |
| JOHN RUSSO | DIRECTOR Trustee or director | 2 | $0 |
| TOM HAUSER | DIRECTOR Trustee or director | 2 | $0 |
| WALLACE OLSON | PRESIDENT Trustee or director, Officer | 15 | $0 |
| JOSEPH SANTARELLI | DIRECTOR Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 11095 VIKING DR STE 500, EDEN PRAIRIE, MN 55344-7219
- In care of
- % RUSS CHANCE
- Principal officer (990 for 2024)
- WALLACE OLSON, 11095 VIKING DRIVE 500, EDEN PRAIRIE, MN 55344
- Signed the 990
- WALLACE OLSON, PRESIDENT
- Phone
- (612) 328-2914
- Website
- WWW.HOBEYBAKER.COM
- Return prepared by
- BOULAY PLLP
Mission
TO SELECT THE TOP TEN COLLEGE HOCKEY PLAYERS IN THE UNITED STATES FOR EACH SEASON, THE RECIPIENT OF THE HOBEY BAKER MEMORIAL AWARD FOR EACH SEASON, AND HONOR A LEGEND OF COLLEGE HOCKEY EACH YEAR FOR THEIR SUPPORT AND LEADERSHIP IN SUPPORTING COLLEGE HOCKEY.
Program accomplishments
- PRESENTED THE HIGH SCHOOL CHARACTER AWARD TO APPROXIMATELY 600 BOYS AND GIRLS PLAYING HIGH SCHOOL HOCKEY IN 21 STATES DURING THE 2024-2025 HOCKEY SEASON TO INDIVIDUALS SHOWING EXEMPLARY CHARACTER FOR THEIR SPORTSMANSHIP.Expenses $74,615 · grants $300
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 41-1721288
- 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
- 1992
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B99Z)
- Assets (IRS master file)
- $467,462
- Income (IRS master file)
- $308,398
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $116,122 | $109,616 | $467,462 | XML |
| 990 | June 2024 | $168,039 | $105,813 | $460,956 | XML |
| 990 | June 2023 | $163,164 | $76,978 | $398,730 | IRS |
| 990 | June 2022 | $102,166 | $52,601 | $312,544 | IRS |
| 990-EZ | June 2021 | – | – | – | IRS |
| 990-EZ | June 2020 | – | – | – | IRS |
| 990-EZ | June 2019 | – | – | – | 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 41-1721288).
Questions about HOBEY BAKER MEMORIAL AWARD FOUNDATION
- What is the EIN of HOBEY BAKER MEMORIAL AWARD FOUNDATION?
- The employer identification number (EIN) of HOBEY BAKER MEMORIAL AWARD FOUNDATION is 41-1721288.
- Is HOBEY BAKER MEMORIAL AWARD FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
- Are donations to HOBEY BAKER MEMORIAL AWARD FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HOBEY BAKER MEMORIAL AWARD 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 HOBEY BAKER MEMORIAL AWARD FOUNDATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HOBEY BAKER MEMORIAL AWARD FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of HOBEY BAKER MEMORIAL AWARD FOUNDATION?
- The 990 for the year ended June 30, 2025 names WALLACE OLSON.
- Who are the officers and directors of HOBEY BAKER MEMORIAL AWARD FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 13 people; 0 received compensation from the organization.
- How much revenue does HOBEY BAKER MEMORIAL AWARD FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $116,122, expenses of $109,616 and total assets of $467,462 at year end.
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