Nonprofit · EIN 41-1776578
CAMBRIDGE-ISANTI ARENA CORPORATION
Tax-exempt · ISANTI, MN 55040
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $408,618 | $464,285 | -$55,667 | $1,648,543 | $945,745 | $702,798 |
| June 30, 2024 | 990 | $343,632 | $432,047 | -$88,415 | $1,632,826 | $874,361 | $758,465 |
| June 30, 2023 | 990 | $367,230 | $391,440 | -$24,210 | $1,517,793 | $670,913 | $846,880 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,864
- Program service revenue
- $436,786
- Investment income
- $10
- Net income from sales of inventory
- -$30,042
- Other revenue
- -$30,042
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $77,596
- Salaries, compensation and benefits (total)
- $85,972
- Professional fundraising fees
- $0
- Accounting fees
- $2,800
- Occupancy
- $237,274
- Travel
- $32
- Depreciation
- $73,589
- Program services (functional)
- $454,610
- Management and general (functional)
- $9,675
Balance sheet and other
- Total assets, start of year
- $1,632,826
- Total assets, end of year
- $1,648,543
- Total liabilities, end of year
- $945,745
- Net assets, end of year
- $702,798
- Land, buildings and equipment
- $1,645,169
- Gross receipts
- $473,287
- Employees
- 16
- Volunteers
- 60
- Year formed
- 1998
- 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 |
|---|---|---|---|
| MARK KNUTSON | President Trustee or director, Officer | 10 | $0 |
| JAMES WRIGHT | Vice President Trustee or director, Officer | 5 | $0 |
| ROBIN HVIDSTON | Secretary/Treas Trustee or director, Officer | 30 | $0 |
990 for the year ended June 30, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARK KNUTSON | Vice President Trustee or director, Officer | 10 | $0 |
| JAMES WRIGHT | Director Trustee or director | 5 | $0 |
| ROBIN HVIDSTON | Secretary/Treas Trustee or director, Officer | 30 | $0 |
| GUY LILLEMO | President & CEO Trustee or director, Officer | 5 | $0 |
990 for the year ended June 30, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GUY LILLEMO | President Trustee or director, Officer | 10 | $0 |
| MARK KNUTSON | Vice President Trustee or director, Officer | 5 | $0 |
| ROBIN HVIDSTON | Secretary/Treas Trustee or director, Officer | 30 | $0 |
| JAMES WRIGHT | Director Trustee or director | 5 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 214, ISANTI, MN 55040-0214
- In care of
- % GUY LILLEMO PRES
- Principal officer (990 for 2024)
- MARK KNUTSON, P O Box 214, ISANTI, MN 55040
- Signed the 990
- MARK KNUTSON, President
- Phone
- (763) 444-6432
- Website
- www.isantiarena.org
- Return prepared by
- Newton Financial Solutions LLC
Mission
MAINTAIN AND OPERATE AN ICE ARENA AND CIVIC CENTER FOR THE CITIZENS OF EAST CENTRAL MINNESOTA.
Program accomplishments
- MAINTAIN AND OPERATE AN ICE ARENA AND CIVIC CENTER FOR THE CITIZENS OF EAST CENTRAL MINNESOTA.Expenses $454,610
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
- 41-1776578
- 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
- 1994
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N31)
- Assets (IRS master file)
- $1,648,543
- Income (IRS master file)
- $473,287
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $408,618 | $464,285 | $1,648,543 | XML |
| 990 | June 2024 | $343,632 | $432,047 | $1,632,826 | XML |
| 990 | June 2023 | $367,230 | $391,440 | $1,517,793 | XML |
| 990 | June 2022 | $428,293 | $308,477 | $1,017,729 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | 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 41-1776578).
Questions about CAMBRIDGE-ISANTI ARENA CORPORATION
- What is the EIN of CAMBRIDGE-ISANTI ARENA CORPORATION?
- The employer identification number (EIN) of CAMBRIDGE-ISANTI ARENA CORPORATION is 41-1776578.
- Is CAMBRIDGE-ISANTI ARENA CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
- Are donations to CAMBRIDGE-ISANTI ARENA CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CAMBRIDGE-ISANTI ARENA CORPORATION 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 CAMBRIDGE-ISANTI ARENA CORPORATION 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 CAMBRIDGE-ISANTI ARENA CORPORATION 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 CAMBRIDGE-ISANTI ARENA CORPORATION?
- The 990 for the year ended June 30, 2025 names MARK KNUTSON.
- Who are the officers and directors of CAMBRIDGE-ISANTI ARENA CORPORATION?
- The 990 for the year ended June 30, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does CAMBRIDGE-ISANTI ARENA CORPORATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $408,618, expenses of $464,285 and total assets of $1,648,543 at year end.
Other nonprofits in ISANTI
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- CAMBRIDGE-ISANTI HOCKEY ASSOCIATION INC EIN 41-1317179 · last filed 990 for 2025
- CAMBRIDGE ISANTI SOCCER CLUB EIN 41-1906189 · last filed 990-EZ for 2025
- SHEPHERDS HARVEST SHEEP AND WOOL FESTIVAL INC EIN 45-1629093 · last filed 990-EZ for 2025
- JACKET BLUE LINERS EIN 41-1848548 · last filed 990-EZ for 2026
- BENT RIM RACING EIN 81-3985608 · last filed 990-PF for 2025
- SAINTS STRENGTH EIN 41-3117513 · last filed 990-N for 2025
- ART AND SCIENCE ACADEMY INC EIN 46-1249634 · last filed 990 for 2025
All nonprofits in ISANTI · Minnesota · Recreation and sports