Skip to main content

Nonprofit · EIN 41-1893927

HUELSMANN FOUNDATION

Tax-exempt · MINNEAPOLIS, MN 55402

Financials

$613K$327K2021$522K$454K2023$873K$597K2024$408K$661K2025
Revenue Expenses · by fiscal year end
Financials of HUELSMANN FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$407,815$660,821-$253,006$2,922,153$0$2,922,153
December 31, 2024990-PF$872,992$596,562$276,430$3,175,159$0$3,175,159
December 31, 2023990-PF$521,780$453,529$68,251$2,898,729$0$2,898,729
December 31, 2021990-PF$612,880$327,353$285,527$3,143,751$0$3,143,751
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$78,608
Net gain from sales of assets
$329,207

Expenses

Grants and similar amounts paid
$577,253
Compensation of officers, directors and key employees
$6,957
Disbursements for charitable purposes
$603,369
Excise tax on investment income
$5,238

Balance sheet and other

Total assets, start of year
$3,175,159
Total assets, end of year
$2,922,153
Total liabilities, end of year
$0
Net assets, end of year
$2,922,153
Fair market value of assets
$4,145,318
Qualifying distributions
$603,369
Net investment income
$407,815

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.

NameTitleHours / weekCompensation
JENNIFER A HUELSMANN
14224 W NORDIC LANE, HAYWARD, WI 54843
CO-PRESIDENT/TREASURER1.93$6,957
KRISTIN M ROSSITER
1650 WOODCREST COURT, RENO, NV 89523
CO-PRESIDENT/SECRETARY1.5$0
PETER J ROSSITER
1650 WOODCREST COURT, RENO, NV 89523
DIRECTOR1.5$0
990-PF for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
JENNIFER A HUELSMANN
14224 W NORDIC LANE, HAYWARD, WI 54843
CO-PRESIDENT/TREASURER1.93$6,320
KRISTIN M ROSSITER
1650 WOODCREST COURT, RENO, NV 89523
CO-PRESIDENT/SECRETARY1.5$0
PETER J ROSSITER
1650 WOODCREST COURT, RENO, NV 89523
DIRECTOR1.5$0
990-PF for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
JENNIFER A HUELSMANN
14224 W NORDIC LANE, HAYWARD, WI 54843
CO-PRESIDENT/TREASURER1.93$12,303
KRISTIN M ROSSITER
1650 WOODCREST COURT, RENO, NV 89523
CO-PRESIDENT/SECRETARY1.5$0
990-PF for the year ended December 31, 2021: 2 people
NameTitleHours / weekCompensation
JENNIFER A HUELSMANN
14224 W NORDIC LANE, HAYWARD, WI 54843
CO-PRESIDENT/TREASURER1.93$17,361
KRISTIN M ROSSITER
1650 WOODCREST COURT, RENO, NV 89523
CO-PRESIDENT/SECRETARY1.5$0

Address and contacts

Address (IRS master file)
50 S 6TH ST STE 1500, MINNEAPOLIS, MN 55402-1498
In care of
% ELIZABETH MICHAELIS
Signed the 990-PF
JENNIFER HUELSMANN, CO-PRESIDENT/TREASURER
Phone
(612) 325-9505
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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
41-1893927
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
1998
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$2,922,153
Income (IRS master file)
$1,159,274

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$407,815$660,821$2,922,153IRS
990-PFDecember 2024$872,992$596,562$3,175,159IRS
990-PFDecember 2023$521,780$453,529$2,898,729XML
990-PFDecember 2022–––IRS
990-PFDecember 2021$612,880$327,353$3,143,751XML
990-PFDecember 2020–––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 41-1893927).

Questions about HUELSMANN FOUNDATION

What is the EIN of HUELSMANN FOUNDATION?
The employer identification number (EIN) of HUELSMANN FOUNDATION is 41-1893927.
Is HUELSMANN FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
Are donations to HUELSMANN FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does HUELSMANN FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of HUELSMANN 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 HUELSMANN 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 HUELSMANN FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 3 people; 1 received compensation from the organization, the highest $6,957 (JENNIFER A HUELSMANN, CO-PRESIDENT/TREASURER).
How much revenue does HUELSMANN FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $407,815, expenses of $660,821 and total assets of $2,922,153 at year end.

Other nonprofits in MINNEAPOLIS

All nonprofits in MINNEAPOLIS · Minnesota · Philanthropy, voluntarism and grantmaking foundations