Nonprofit · EIN 41-6019040
ST CLOUD STATE UNIVERSITY FOUNDATION INC
Tax-exempt · SAINT CLOUD, MN 56301
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $6,126,115 | $4,013,678 | $2,112,437 | $65,495,716 | $225,496 | $65,270,220 |
| June 30, 2024 | 990 | $6,545,221 | $7,350,612 | -$805,391 | $60,245,590 | $498,734 | $59,746,856 |
| June 30, 2023 | 990 | $4,586,966 | $5,399,010 | -$812,044 | $55,996,709 | $423,605 | $55,573,104 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $2,508,400
- Program service revenue
- $0
- Investment income
- $3,596,651
- Net gain from sales of assets
- $1,813,340
- Other revenue
- $21,064
Expenses
- Grants and similar amounts paid
- $2,383,795
- Other salaries and wages
- $639,352
- Salaries, compensation and benefits (total)
- $639,352
- Professional fundraising fees
- $0
- Legal fees
- $3,250
- Accounting fees
- $53,717
- Travel
- $16,605
- Depreciation
- $23,332
- Program services (functional)
- $2,538,397
- Management and general (functional)
- $743,234
- Fundraising (functional)
- $732,047
Balance sheet and other
- Total assets, start of year
- $60,245,590
- Total assets, end of year
- $65,495,716
- Total liabilities, end of year
- $225,496
- Net assets, end of year
- $65,270,220
- Land, buildings and equipment
- $239,427
- Publicly traded securities
- $59,624,327
- Net assets without donor restrictions
- $4,140,096
- Net assets with donor restrictions
- $61,130,124
- Gross receipts
- $16,767,774
- Employees
- 0
- Volunteers
- 50
- Year formed
- 1958
- 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 | Other / benefits |
|---|---|---|---|---|
| NICHOLAS KATONA | EXECUTIVE DIRECTOR - PART YEAR Officer | 18.8 | $206,791 | $32,020 |
| CONNIE ROBINSON | DIRECTOR OF FINANCE Officer | 40 | $105,344 | $33,050 |
| DAVE MINGO | CHAIR Trustee or director, Officer | 1.5 | $0 | $0 |
| CARRIE KARKI | VICE CHAIR Trustee or director, Officer | 1.5 | $0 | $0 |
| JOHN HERGES | SECRETARY Trustee or director, Officer | 1.5 | $0 | $0 |
| SCOTT ANDERSON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| BARCLAY CARRIAR | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CHARLIE EISENREICH | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SANDY HANSEN-WOLFF | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CHRISTIN HEGLE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| TODD JACKSON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| PREETH JOHN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CHUCK SELL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| NINA SKAGE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MIKE ROOS | TRUSTEE Trustee or director | 1.5 | $0 | $0 |
6 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PATRICIA SPARKS | TRUSTEE Trustee or director | 1 | $0 |
| LISA STARK | TRUSTEE Trustee or director | 1 | $0 |
| CHRIS THIEBAUT | TRUSTEE Trustee or director | 1 | $0 |
| DOMINIC TURPIN | TRUSTEE Trustee or director | 1 | $0 |
| LYNNE WARNE | TRUSTEE Trustee or director | 1 | $0 |
| MARK PARSONS | EXECUTIVE DIRECTOR - AS OF 6/25 Officer | 18.8 | $0 |
990 for the year ended June 30, 2024: 19 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| NICHOLAS KATONA | EXECUTIVE DIRECTOR Officer | 40 | $0 | $200,593 | $28,576 |
| CONNIE ROBINSON | DIRECTOR OF FINANCE Officer | 40 | $0 | $107,806 | $32,366 |
| DAVE MINGO | CHAIRPERSON Trustee or director, Officer | 1.5 | $0 | $0 | $0 |
| MIKE ROOS | TREASURER Trustee or director, Officer | 1.5 | $0 | $0 | $0 |
| JOHN HERGES | SECRETARY Trustee or director, Officer | 1.5 | $0 | $0 | $0 |
| SCOTT ANDERSON | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| BARCLAY CARRIAR | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| JESSEKA DOHERTY | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| ANDREW GASPERLIN | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| SANDY HANSEN-WOLFF | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| TODD JACKSON | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| PREETH JOHN | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| CARRIE KARKI | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| PERRY RASSLER | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| MOLLY RENSLOW | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| CHUCK SELL | TRUSTEE Trustee or director, Officer | 1 | $0 | $0 | $0 |
| PATRICIA SPARKS | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| DOMINIC TURPIN | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| LYNNE WARNE | TRUSTEE Trustee or director, Officer | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 24 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MATTHEW ANDREW | FORMER VP OF ADVANCEMENT Officer | 40 | $0 | $156,658 | $16,260 |
| NICHOLAS KATONA | VP OF ADVANCEMENT Officer | 40 | $0 | $91,187 | $4,018 |
| CONNIE ROBINSON | DIRECTOR OF FINANCE Officer | 40 | $0 | $58,479 | $4,055 |
| KEVIN GOHL | FORMER DIRECTOR OF FINANCE Officer | 40 | $0 | $38,400 | $1,686 |
| LYNNE WARNE | CHAIRPERSON Trustee or director, Officer | 1.5 | $0 | $0 | $0 |
| MIKE ROOS | TREASURER Trustee or director, Officer | 1.5 | $0 | $0 | $0 |
| CHUCK SELL | SECRETARY Trustee or director, Officer | 1.5 | $0 | $0 | $0 |
| MOLLY RENSLOW | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| SCOTT ANDERSON | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| PERRY RASSLER | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| PREETH JOHN | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| SANDY HANSEN-WOLFF | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| TODD JACKSON | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| GARY W ANDERSON | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| PATRICIA SPARKS | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| JESSEKA DOHERTY | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| MATT VARILEK | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| ANDREW GASPERLIN | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| BRAD GOSKOWICZ | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| CARRIE KARKI | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| BARCLAY CARRIAR | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| DOMINIC TURPIN | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| JOHN HERGES | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| DAVE MINGO | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 720 4TH AVE S, SAINT CLOUD, MN 56301-4442
- Principal officer (990 for 2024)
- MARK PARSONS, 720 FOURTH AVENUE SOUTH, ST CLOUD, MN 56301
- Signed the 990
- MARK PARSONS, INTERIM EXECUTIVE DIRECTOR
- Phone
- (320) 308-3177
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
THE FOUNDATION SERVES THE STUDENTS, FACULTY AND STAFF AT ST. CLOUD STATE UNIVERSITY BY ENGAGING INTERESTED ALUMNI AND FRIENDS IN SUPPORTING THE MISSION, PROGRAMS, AND GOALS OF THE UNIVERSITY. ST. CLOUD STATE UNIVERSITY IS A HIGHLY ACCREDITED REGIONAL COMPREHENSIVE UNIVERSITY THAT PROVIDES EXCELLENT EDUCATION AT AN AFFORDABLE PRICE FOR A DIVERSE STUDENT BODY. KEY AREAS OF SUPPORT INCLUDE SCHOLARSHIPS, FACULTY, PROGRAM, FACILITIES, AND EQUIPMENT.
Program accomplishments
- SCHOLARSHIPS - THE FOUNDATION PROVIDES SCHOLARSHIP FUNDS TO THE UNIVERSITY TO AWARD TO DESERVING STUDENTS. OVER 1,000 SCHOLARSHIPS WERE AWARDED TO OVER 1,400 STUDENTS THROUGH THE EFFORTS OF THE FOUNDATION.Expenses $1,535,489 · grants $1,441,969
- DEPARTMENTAL SUPPORT - THE FOUNDATION PROVIDES SUPPORT TO THE COLLEGES AND DEPARTMENTS OF THE UNIVERSITY. OVER 150 UNITS OF THE UNIVERSITY BENEFIT FROM THESE EFFORTS.Expenses $988,567 · grants $928,358
- OTHER UNIVERSITY SUPPORT - THE FOUNDATION PROVIDES OTHER SUPPORT TO THE UNIVERSITY FOR VARIOUS OPERATIONAL AND PROGRAM PURPOSES.Expenses $14,341 · grants $13,468
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
- 41-6019040
- 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
- 1960
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B110)
- Assets (IRS master file)
- $65,495,716
- Income (IRS master file)
- $16,767,774
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $6,126,115 | $4,013,678 | $65,495,716 | XML |
| 990 | June 2024 | $6,545,221 | $7,350,612 | $60,245,590 | XML |
| 990 | June 2023 | $4,586,966 | $5,399,010 | $55,996,709 | XML |
| 990 | June 2022 | $10,818,973 | $5,982,390 | $54,919,652 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 41-6019040).
Questions about ST CLOUD STATE UNIVERSITY FOUNDATION INC
- What is the EIN of ST CLOUD STATE UNIVERSITY FOUNDATION INC?
- The employer identification number (EIN) of ST CLOUD STATE UNIVERSITY FOUNDATION INC is 41-6019040.
- Is ST CLOUD STATE UNIVERSITY FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1960.
- Are donations to ST CLOUD STATE UNIVERSITY FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ST CLOUD STATE UNIVERSITY FOUNDATION INC 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 ST CLOUD STATE UNIVERSITY FOUNDATION INC 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 ST CLOUD STATE UNIVERSITY FOUNDATION INC 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 ST CLOUD STATE UNIVERSITY FOUNDATION INC?
- The 990 for the year ended June 30, 2025 names MARK PARSONS.
- Who are the officers and directors of ST CLOUD STATE UNIVERSITY FOUNDATION INC?
- The 990 for the year ended June 30, 2025 lists 21 people; 2 received compensation from the organization, the highest $206,791 (NICHOLAS KATONA, EXECUTIVE DIRECTOR - PART YEAR).
- How much revenue does ST CLOUD STATE UNIVERSITY FOUNDATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $6,126,115, expenses of $4,013,678 and total assets of $65,495,716 at year end.
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