Nonprofit · EIN 41-1870709
HERMAN AND THERESE RATELLE FOUNDATION
Tax-exempt · EDINA, MN 55435
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $20,346 | $18,357 | $1,989 | $261,453 | $0 | $261,453 |
| December 31, 2024 | 990-PF | $776 | $19,175 | -$18,399 | $259,464 | $0 | $259,464 |
| December 31, 2023 | 990-PF | $10,026 | $18,260 | -$8,234 | $277,863 | $0 | $277,863 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $20,346
Expenses
- Grants and similar amounts paid
- $17,000
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $18,250
- Excise tax on investment income
- $283
Balance sheet and other
- Total assets, start of year
- $259,464
- Total assets, end of year
- $261,453
- Total liabilities, end of year
- $0
- Net assets, end of year
- $261,453
- Fair market value of assets
- $334,957
- Qualifying distributions
- $18,250
- Net investment income
- $20,346
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| THOMAS RATELLE 4913 POPPY LANE, EDINA, MN 55435 | DIRECTOR | 0 | $0 |
| JOHN M RATELLE 132 HOPETON LANE, EATONTON, GA 31024 | DIRECTOR | 0 | $0 |
| PAUL RATELLE 5521 VALLEY LN, EDINA, MN 55439 | DIRECTOR | 0 | $0 |
| MARY BRIGID SPENCE 1023 HAWTHORNE DR, INDIAN TRAIL, NC 28079 | DIRECTOR | 0 | $0 |
990-PF for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| THOMAS RATELLE 4913 POPPY LANE, EDINA, MN 55435 | DIRECTOR | 0 | $0 |
| JOHN M RATELLE 124 EAGLE CIRCLE, VONORE, TN 37885 | DIRECTOR | 0 | $0 |
| PAUL RATELLE 5521 VALLEY LN, EDINA, MN 55439 | DIRECTOR | 0 | $0 |
| MARY BRIGID SPENCE 1023 HAWTHORNE DR, INDIAN TRAIL, NC 28079 | DIRECTOR | 0 | $0 |
990-PF for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| THERESE RATELLE 6300 COLONIAL WAY 001, EDINA, MN 55436 | DIRECTOR | 0 | $0 |
| THOMAS RATELLE 4913 POPPY LANE, EDINA, MN 55435 | DIRECTOR | 0 | $0 |
| JOHN M RATELLE 124 EAGLE CIRCLE, VONORE, TN 37885 | DIRECTOR | 0 | $0 |
| PAUL RATELLE 5521 VALLEY LN, EDINA, MN 55439 | DIRECTOR | 0 | $0 |
| MARY BRIGID SPENCE 1023 HAWTHORNE DR, INDIAN TRAIL, NC 28079 | DIRECTOR | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 4913 POPPY LN, EDINA, MN 55435-4012
- In care of
- % HERMAN RATELLE
- Signed the 990-PF
- THOMAS RATELLE, DIRECTOR
- Phone
- (952) 200-3707
- Return prepared by
- OLSEN THIELEN & CO LTD
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 | 990-PF 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
- 41-1870709
- 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
- 1997
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T99Z)
- Assets (IRS master file)
- $261,453
- Income (IRS master file)
- $20,346
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $20,346 | $18,357 | $261,453 | IRS |
| 990-PF | December 2024 | $776 | $19,175 | $259,464 | IRS |
| 990-PF | December 2023 | $10,026 | $18,260 | $277,863 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 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 41-1870709).
Questions about HERMAN AND THERESE RATELLE FOUNDATION
- What is the EIN of HERMAN AND THERESE RATELLE FOUNDATION?
- The employer identification number (EIN) of HERMAN AND THERESE RATELLE FOUNDATION is 41-1870709.
- Is HERMAN AND THERESE RATELLE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
- Are donations to HERMAN AND THERESE RATELLE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does HERMAN AND THERESE RATELLE FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of HERMAN AND THERESE RATELLE FOUNDATION 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 HERMAN AND THERESE RATELLE FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of HERMAN AND THERESE RATELLE FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does HERMAN AND THERESE RATELLE FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $20,346, expenses of $18,357 and total assets of $261,453 at year end.
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All nonprofits in EDINA · Minnesota · Philanthropy, voluntarism and grantmaking foundations