Nonprofit · EIN 43-1589012
IRES FOUNDATION
Tax-exempt · SAINT PAUL, MN 55117
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $311,583 | $243,867 | $67,716 | $376,561 | $0 | $376,561 |
| December 31, 2024 | 990 | $293,202 | $366,280 | -$73,078 | $308,845 | $0 | $308,845 |
| December 31, 2023 | 990 | $286,459 | $242,786 | $43,673 | $381,923 | $0 | $381,923 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $133,085
- Program service revenue
- $171,605
- Investment income
- $6,893
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Travel
- $23,778
- Program services (functional)
- $174,024
- Management and general (functional)
- $69,843
Balance sheet and other
- Total assets, start of year
- $308,845
- Total assets, end of year
- $376,561
- Total liabilities, end of year
- $0
- Net assets, end of year
- $376,561
- Gross receipts
- $311,583
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1991
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SUE STEAD | DIRECTOR Trustee or director | 2 | $0 |
| CHERYL DAVIS | CHAIR Trustee or director, Officer | 5 | $0 |
| ROBIN CLOVER | VICE CHAIR Trustee or director, Officer | 5 | $0 |
| TIM CERCELLE | DIRECTOR Trustee or director | 2 | $0 |
| JANETTE ADAIR | PRESIDENT Trustee or director, Officer | 5 | $0 |
| MATTIA SCHARFSTEIN | VICE PRESIDENT Trustee or director, Officer | 5 | $0 |
| LISA BROWN | DIRECTOR Trustee or director | 2 | $0 |
| KARA BAYSINGER | DIRECTOR Trustee or director | 2 | $0 |
| JENNIFER STEPHEN | DIRECTOR Trustee or director | 2 | $0 |
| NICHOLAS MARRANGONI | TREASURER Trustee or director, Officer | 5 | $0 |
| JASON ZITNEY | DIRECTOR Trustee or director | 2 | $0 |
| ROBIN BOGDANICH | SECRETARY Trustee or director, Officer | 5 | $0 |
| RON KOTOWSKI | DIRECTOR Trustee or director | 2 | $0 |
| PAMELA BISHOP | DIRECTOR Trustee or director | 2 | $0 |
| MIKE ROHAN | DIRECTOR Trustee or director | 2 | $0 |
14 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHRISTINE PALMIERI | DIRECTOR Trustee or director | 2 | $0 |
| CARA ST MARTIN | DIRECTOR Trustee or director | 2 | $0 |
| MICHAEL HAILER | DIRECTOR Trustee or director | 2 | $0 |
| FRED KARLINSKY | DIRECTOR Trustee or director | 2 | $0 |
| SCOTT WHITAKER | DIRECTOR Trustee or director | 2 | $0 |
| VICKIE BULGER | DIRECTOR Trustee or director | 2 | $0 |
| ANTHONY HABAYEB | DIRECTOR Trustee or director | 2 | $0 |
| LISA HOLLAND | DIRECTOR Trustee or director | 2 | $0 |
| FAYE JOHNSON | DIRECTOR Trustee or director | 2 | $0 |
| GREGG MARTINO | DIRECTOR Trustee or director | 2 | $0 |
| PAIGE WATERS | DIRECTOR Trustee or director | 2 | $0 |
| DAMIAN SEPANIK | DIRECTOR Trustee or director | 2 | $0 |
| ANN FROHMAN | DIRECTOR Trustee or director | 2 | $0 |
| KIM BROWN | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended December 31, 2024: 29 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SUE STEAD | DIRECTOR Trustee or director | 2 | $0 |
| CHERYL DAVIS | CHAIR Trustee or director, Officer | 5 | $0 |
| ROBIN CLOVER | VICE CHAIR Trustee or director, Officer | 5 | $0 |
| TIM CERCELLE | DIRECTOR Trustee or director | 2 | $0 |
| JANETTE ADAIR | PRESIDENT Trustee or director, Officer | 5 | $0 |
| MATTIA SCHARFSTEIN | VICE PRESIDENT Trustee or director, Officer | 5 | $0 |
| LISA BROWN | DIRECTOR Trustee or director | 2 | $0 |
| KARA BAYSINGER | DIRECTOR Trustee or director | 2 | $0 |
| JENNIFER STEPHEN | DIRECTOR Trustee or director | 2 | $0 |
| NICHOLAS MARRANGONI | TREASURER Trustee or director, Officer | 5 | $0 |
| JASON ZITNEY | DIRECTOR Trustee or director | 2 | $0 |
| ROBIN BOGDANICH | SECRETARY Trustee or director, Officer | 5 | $0 |
| RON KOTOWSKI | DIRECTOR Trustee or director | 2 | $0 |
| PAMELA BISHOP | DIRECTOR Trustee or director | 2 | $0 |
| MIKE ROHAN | DIRECTOR Trustee or director | 2 | $0 |
| CHRISTINE PALMIERI | DIRECTOR Trustee or director | 2 | $0 |
| DAMIAN SEPANIK | DIRECTOR Trustee or director | 2 | $0 |
| CARA ST MARTIN | DIRECTOR Trustee or director | 2 | $0 |
| MICHAEL HAILER | DIRECTOR Trustee or director | 2 | $0 |
| FRED KARLINSKY | DIRECTOR Trustee or director | 2 | $0 |
| SCOTT WHITAKER | DIRECTOR Trustee or director | 2 | $0 |
| VICKIE BULGER | DIRECTOR Trustee or director | 2 | $0 |
| ANN FROHMAN | DIRECTOR Trustee or director | 2 | $0 |
| KIM BROWN | DIRECTOR Trustee or director | 2 | $0 |
| ANTHONY HABAYEB | DIRECTOR Trustee or director | 2 | $0 |
| LISA HOLLAND | DIRECTOR Trustee or director | 2 | $0 |
| FAYE JOHNSON | DIRECTOR Trustee or director | 2 | $0 |
| GREGG MARTINO | DIRECTOR Trustee or director | 2 | $0 |
| PAIGE WATERS | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 30 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SUE STEAD | DIRECTOR Trustee or director | 2 | $0 |
| CHERYL DAVIS | CHAIR Trustee or director, Officer | 5 | $0 |
| ROBIN CLOVER | VICE CHAIR Trustee or director, Officer | 5 | $0 |
| TIM CERCELLE | DIRECTOR Trustee or director | 2 | $0 |
| JANETTE ADAIR | PRESIDENT Trustee or director, Officer | 5 | $0 |
| MATTIA SCHARFSTEIN | VICE PRESIDENT Trustee or director, Officer | 5 | $0 |
| LISA BROWN | DIRECTOR Trustee or director | 2 | $0 |
| KARA BAYSINGER | DIRECTOR Trustee or director | 2 | $0 |
| MIKE BEDARD | DIRECTOR Trustee or director | 2 | $0 |
| JENNIFER STEPHEN | DIRECTOR Trustee or director | 2 | $0 |
| NICHOLAS MARRANGONI | TREASURER Trustee or director, Officer | 5 | $0 |
| JASON ZITNEY | DIRECTOR Trustee or director | 2 | $0 |
| ROBIN BOGDANICH | SECRETARY Trustee or director, Officer | 5 | $0 |
| RON KOTOWSKI | DIRECTOR Trustee or director | 2 | $0 |
| PAMELA BISHOP | DIRECTOR Trustee or director | 2 | $0 |
| MIKE ROHAN | DIRECTOR Trustee or director | 2 | $0 |
| CHRISTINE PALMIERI | DIRECTOR Trustee or director | 2 | $0 |
| DAMIAN SEPANIK | DIRECTOR Trustee or director | 2 | $0 |
| CARA ST MARTIN | DIRECTOR Trustee or director | 2 | $0 |
| MICHAEL HAILER | DIRECTOR Trustee or director | 2 | $0 |
| FRED KARLINSKY | DIRECTOR Trustee or director | 2 | $0 |
| SCOTT WHITAKER | DIRECTOR Trustee or director | 2 | $0 |
| VICKIE BULGER | DIRECTOR Trustee or director | 2 | $0 |
| ANN FROHMAN | DIRECTOR Trustee or director | 2 | $0 |
| KIM BROWN | DIRECTOR Trustee or director | 2 | $0 |
| ANTHONY HABAYEB | DIRECTOR Trustee or director | 2 | $0 |
| LISA HOLLAND | DIRECTOR Trustee or director | 2 | $0 |
| FAYE JOHNSON | DIRECTOR Trustee or director | 2 | $0 |
| GREGG MARTINO | DIRECTOR Trustee or director | 2 | $0 |
| PAIGE WATERS | DIRECTOR Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 17422, SAINT PAUL, MN 55117-0422
- Principal officer (990 for 2025)
- NICHOLAS MARRANGONI, PO BOX 17422, ST PAUL, MN 55117
- Signed the 990
- NICHOLAS MARRANGONI, TREASURER
- Phone
- (612) 486-2536
- Website
- WWW.IRES-FOUNDATION.ORG
- Return prepared by
- LEWIS & ASSOCIATES PA
Mission
TO ASSIST IN THE DEVELOPMENT OF EDUCATIONAL AND TRAINING OPPORTUNITIES FOR PROFESSIONAL INSURANCE REGULATORS AS WELL AS EDUCATING THE PRIVATE SECTOR ABOUT STATE INSURANCE REGULATION.
Program accomplishments
- PROVIDED EDUCATION AND TRAINING IN THE SPECIALIZED FIELD OF INSURANCE REGULATION.Expenses $174,024 · revenue $171,605
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 43-1589012
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1991
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A20Z)
- Assets (IRS master file)
- $376,561
- Income (IRS master file)
- $311,583
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $311,583 | $243,867 | $376,561 | IRS |
| 990 | December 2024 | $293,202 | $366,280 | $308,845 | XML |
| 990 | December 2023 | $286,459 | $242,786 | $381,923 | XML |
| 990 | December 2022 | $191,264 | $182,804 | $363,075 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | 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 43-1589012).
Questions about IRES FOUNDATION
- What is the EIN of IRES FOUNDATION?
- The employer identification number (EIN) of IRES FOUNDATION is 43-1589012.
- Is IRES FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1991.
- Are donations to IRES FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does IRES FOUNDATION 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 IRES 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 IRES FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of IRES FOUNDATION?
- The 990 for the year ended December 31, 2025 names NICHOLAS MARRANGONI.
- Who are the officers and directors of IRES FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 29 people; 0 received compensation from the organization.
- How much revenue does IRES FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $311,583, expenses of $243,867 and total assets of $376,561 at year end.
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- MINNESOTA HISTORICAL SOCIETY EIN 41-0713907 · last filed 990 for 2025
- TWIN CITIES PUBLIC TELEVISION INC EIN 41-0769851 · last filed 990 for 2025
- SCIENCE MUSEUM OF MINNESOTA EIN 41-0706172 · last filed 990 for 2025
- ORDWAY CENTER FOR THE PERFORMING ARTS EIN 41-1428998 · last filed 990 for 2025
- AMERICAN PUBLIC MEDIA GROUP EIN 36-3503764 · last filed 990 for 2025
- SAINT PAUL CHAMBER ORCHESTRA SOCIETY EIN 41-0829498 · last filed 990 for 2025
- MINNESOTA CHILDRENS MUSEUM EIN 41-1354181 · last filed 990 for 2025
All nonprofits in SAINT PAUL · Minnesota · Arts, culture and humanities