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Nonprofit · EIN 41-6054710

GETHSEMANE MEMORIAL FUND INC

Tax-exempt (reinstated) · HOPKINS, MN 55343

Financials

$86K$66K2023
Revenue Expenses · by fiscal year end
Financials of GETHSEMANE MEMORIAL FUND INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990$85,719$66,112$19,607$825,604$0$825,604
Financial details: 990 for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$61,701
Program service revenue
$0
Investment income
$24,018
Other revenue
$0

Expenses

Grants and similar amounts paid
$59,849
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$59,849
Management and general (functional)
$6,263

Balance sheet and other

Total assets, start of year
$735,910
Total assets, end of year
$825,604
Total liabilities, end of year
$0
Net assets, end of year
$825,604
Publicly traded securities
$787,997
Net assets without donor restrictions
$790,104
Net assets with donor restrictions
$35,500
Gross receipts
$85,719
Employees
0
Year formed
1966
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 December 31, 2023, highest compensation first.

NameTitleHours / weekCompensation
JOHN D NELSONSenior Pastor
Trustee or director, Officer
1$0
WADE KRAGTORPTreasurer
Trustee or director, Officer
2$0
STEVE PAULSONPresident
Trustee or director, Officer
2$0
CARL PETERSONDirector
Trustee or director
0.5$0
JOHANNA FRAHMVice President
Trustee or director, Officer
0.5$0
MARC SCHUBBEDirector
Trustee or director
0.5$0
TIPHANIE DIRNBERGERDirector
Trustee or director
0.5$0
KAREN JOHANNINGDirector
Trustee or director
0.5$0
ARDEN LOVAGNINISecretary
Trustee or director
2$0
MIKE PATERSONDirector
Trustee or director
0.5$0
KAREN PYZDROWSKIDirector
Trustee or director
0.5$0

Address and contacts

Address (IRS master file)
715 MINNETONKA MILLS RD, HOPKINS, MN 55343-7269
In care of
% WADE A KRAGTORP
Principal officer (990 for 2023)
STEVE PAULSON, 4212 Williston Road, Minnetonka, MN 553452944
Signed the 990
WADE A KRAGTORP, Treasurer
Phone
(952) 935-1753

Mission

Support the ministry program of Gethsemane Evangelical Lutheran Church

990 for the year ended December 31, 2023

Program accomplishments

  • Under its policy, the Foundation gives 4% of the 3 year moving average total asset balance to the Gethseman Evangelical Lutheran Church in two semi-annual payments, with stipulation that the funds are to be used for the expansion of program ministry beyond the congregation's approved budget.
    Expenses $33,111 · grants $33,111
  • Under its policy, the Foundation gives 1.5% of the 3 year moving average total asset balance to community outreach programs. The 2022 payments included support for ICA foodshelf, Reach & Restore, Resource West, and Gathering to Grow
    Expenses $12,421 · grants $12,421
  • Under its policy, the Foundation gives 1% of the 3 year moving average total asset balance to Gethsemane members attending ELCA colleges. In 2023, the Foundation awarded scholarships to 5 members, totaling $5,000
    Expenses $5,000 · grants $5,000
  • Under it's policy, the Foundation gives 0.5% of the 3 year moving average total asset balance as scholarships for youths to attend camps.
    Expenses $9,318 · grants $9,318

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 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, 2026Not on file
2024December 31, 2024May 15, 2025Not on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
41-6054710
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type I
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2018
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Religion-related (X11)
Assets (IRS master file)
$825,604
Income (IRS master file)
$85,719

Revocation and reinstatement

Exemption revoked
May 15, 2017
Posted by the IRS
August 16, 2017
Reinstated
Effective May 15, 2017

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2023$85,719$66,112$825,604XML
990December 2022$54,284$64,877$735,910IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 41-6054710).

Questions about GETHSEMANE MEMORIAL FUND INC

What is the EIN of GETHSEMANE MEMORIAL FUND INC?
The employer identification number (EIN) of GETHSEMANE MEMORIAL FUND INC is 41-6054710.
Is GETHSEMANE MEMORIAL FUND INC tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2017 and reinstated it effective May 15, 2017.
Are donations to GETHSEMANE MEMORIAL FUND INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does GETHSEMANE MEMORIAL FUND 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 GETHSEMANE MEMORIAL FUND INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GETHSEMANE MEMORIAL FUND INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2023.
Who is the principal officer of GETHSEMANE MEMORIAL FUND INC?
The 990 for the year ended December 31, 2023 names STEVE PAULSON.
Who are the officers and directors of GETHSEMANE MEMORIAL FUND INC?
The 990 for the year ended December 31, 2023 lists 11 people; 0 received compensation from the organization.
How much revenue does GETHSEMANE MEMORIAL FUND INC have?
On its 990 for the year ended December 31, 2023 it reported revenue of $85,719, expenses of $66,112 and total assets of $825,604 at year end.

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