Nonprofit · EIN 41-1863910
THE TWIN CITIES RIVER RATS
Tax-exempt · MINNEAPOLIS, MN 55458
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2024 | 990 | $150,410 | $191,825 | -$41,415 | $357,105 | $204,804 | $152,301 |
| September 30, 2023 | 990 | $201,208 | $148,512 | $52,696 | $320,162 | $126,446 | $193,716 |
Financial details: 990 for the year ended September 30, 2024
Revenue
- Contributions, gifts and grants
- $161,390
- Membership dues
- $13,348
- Program service revenue
- $0
- Investment income
- -$10,980
- Net gain from sales of assets
- -$10,980
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $2,672
- Accounting fees
- $690
- Depreciation
- $94,123
- Program services (functional)
- $164,677
- Management and general (functional)
- $24,476
- Fundraising (functional)
- $2,672
Balance sheet and other
- Total assets, start of year
- $320,162
- Total assets, end of year
- $357,105
- Total liabilities, end of year
- $204,804
- Net assets, end of year
- $152,301
- Land, buildings and equipment
- $290,767
- Net assets without donor restrictions
- $152,301
- Gross receipts
- $165,890
- Employees
- 0
- Volunteers
- 7
- Year formed
- 1993
- 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 September 30, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DUSTIN LUDWIKOWSKI | MARKETING Trustee or director | 0 | $0 |
| ANNIE GALLAGHER | FUNDRAISING Trustee or director | 0 | $0 |
| ALLISON HOFFMAN | BOARD MEMBER AT LARGE Trustee or director | 0 | $0 |
| LISA ALBERS | SECRETARY Trustee or director, Officer | 0 | $0 |
| HAL CLAUGE | PRESIDENT Trustee or director, Officer | 0 | $0 |
| BLAKE CARLILE | VICE PRESIDENT Trustee or director, Officer | 0 | $0 |
| TOM ZALEWSKI | TREASURER Trustee or director, Officer | 0 | $0 |
990 for the year ended September 30, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DUSTIN LUDWIKOWSKI | MARKETING Trustee or director | 0 | $0 |
| SAMMI FOLKENSON | FUNDRAISING Trustee or director | 0 | $0 |
| ALLISON HOFFMAN | BOARD MEMBER AT LARGE Trustee or director | 0 | $0 |
| LISA ALBERS | SECRETARY Trustee or director, Officer | 0 | $0 |
| HAL CLAUGE | PRESIDENT Trustee or director, Officer | 0 | $0 |
| BLAKE CARLILE | VICE PRESIDENT Trustee or director, Officer | 0 | $0 |
| TOM ZALEWSKI | TREASURER Trustee or director, Officer | 0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 582163, MINNEAPOLIS, MN 55458-2163
- In care of
- % KRIS FISCHER
- Principal officer (990 for 2023)
- HAL CLAUGE, PO BOX 582163, MINNEAPOLIS, MN 55438
- Signed the 990
- HAL CLAUGE, PRESIDENT
- Website
- www.tcriverrats.com
- Return prepared by
- Adam D Lund CPA LLC
Mission
TO CONDUCT FREE WATER SKI SHOWS AND TO INTRODUCE AND TEACH SKIING TO ALL AGES AND SUPPORT A JUNIOR DEVELOPMENT TEAM.
Program accomplishments
- THE COSTS TO PROVIDE A FREE WATER SKI SHOW IN THE NORTHEAST MINNEAPOLIS, MN AREA. ALSO, THE COST TO TEACH WATER SKIING AND SUPPORT THE JUNIOR DEVELOPMENT TEAM.Expenses $164,677 · revenue $150,410
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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | Not on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 41-1863910
- 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
- 2002
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N67)
- Assets (IRS master file)
- $357,105
- Income (IRS master file)
- $165,890
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2024 | $150,410 | $191,825 | $357,105 | XML |
| 990 | September 2023 | $201,208 | $148,512 | $320,162 | XML |
| 990 | September 2022 | $155,613 | $128,972 | $176,439 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 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 41-1863910).
Questions about THE TWIN CITIES RIVER RATS
- What is the EIN of THE TWIN CITIES RIVER RATS?
- The employer identification number (EIN) of THE TWIN CITIES RIVER RATS is 41-1863910.
- Is THE TWIN CITIES RIVER RATS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
- Are donations to THE TWIN CITIES RIVER RATS tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE TWIN CITIES RIVER RATS 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 THE TWIN CITIES RIVER RATS due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE TWIN CITIES RIVER RATS last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2024.
- Who is the principal officer of THE TWIN CITIES RIVER RATS?
- The 990 for the year ended September 30, 2024 names HAL CLAUGE.
- Who are the officers and directors of THE TWIN CITIES RIVER RATS?
- The 990 for the year ended September 30, 2024 lists 7 people; 0 received compensation from the organization.
- How much revenue does THE TWIN CITIES RIVER RATS have?
- On its 990 for the year ended September 30, 2024 it reported revenue of $150,410, expenses of $191,825 and total assets of $357,105 at year end.
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