Nonprofit · EIN 46-0644499
AGGIE FOUNDATION
Tax-exempt (reinstated) · VELVA, ND 58790
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $208,348 | $0 | $208,348 | $0 | $0 | $0 |
| December 31, 2024 | 990 | $1,115,518 | $853,975 | $261,543 | $1,438,515 | $129,110 | $1,309,405 |
| December 31, 2023 | 990 | $1,079,834 | $733,358 | $346,476 | $1,199,484 | $154,122 | $1,045,362 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $18,709
- Net income from gaming
- $189,639
- Other revenue
- $189,639
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
Balance sheet and other
- Total assets, start of year
- $1,438,515
- Total assets, end of year
- $0
- Total liabilities, end of year
- $0
- Net assets, end of year
- $0
- Gross receipts
- $2,942,925
- Employees
- 16
- Year formed
- 2014
- State of legal domicile
- ND
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 |
|---|---|---|---|
| TERRY PETERSON | President Trustee or director, Officer | 5 | $0 |
| JOSH STAHLECKER | Member Trustee or director | 2 | $0 |
| WADE KITTELSON | Member Trustee or director | 2 | $0 |
| LANCE SELZLER | Member Trustee or director | 2 | $0 |
| JACOB OSTER | Member Trustee or director | 2 | $0 |
990 for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TERRY PETERSON | President Trustee or director, Officer | 0 | $0 |
| JOSH STAHLECKER | Member Trustee or director | 0 | $0 |
| WADE KITTELSON | Member Trustee or director | 0 | $0 |
| LANCE SELZLER | Member Trustee or director | 0 | $0 |
| JACOB OSTER | Member Trustee or director | 0 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TERRY PETERSON | President Trustee or director, Officer | – | $0 |
| JOSH STAHLECKER | Member Trustee or director | – | $0 |
| WADE KITTELSON | Member Trustee or director | – | $0 |
| LANCE SELZLER | Member Trustee or director | – | $0 |
| JACOB OSTER | Member Trustee or director | – | $0 |
Address and contacts
- Address (IRS master file)
- 501 MAIN ST N, VELVA, ND 58790-7209
- In care of
- % TERRY PETERSON
- Mailing address (990-N for 2020)
- 501 Main Street, Velva ND 58790
- Principal officer (990 for 2025)
- Terry Peterson, 501 Main Street, Velva, ND 58790
- Principal officer (990-N for 2020)
- Terry Peterson, 501 Main Street, Velva ND 58790
- Signed the 990
- TERRY PETERSON, Mr
- Phone
- (701) 721-7286
- Website
- www.aggiefoundation.com
- Return prepared by
- Taxlady LLC
Mission
To support youth, education, amateur sports, and economic development to create vibrant communities.
Program accomplishments
- Aggie Supports other organizations doing good things in their communities across North DakotaExpenses $987,252
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
- 46-0644499
- 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
- 2018
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Youth development (O50)
- Income (IRS master file)
- $2,942,925
Revocation and reinstatement
- Exemption revoked
- May 15, 2018
- Posted by the IRS
- August 13, 2018
- Reinstated
- Effective May 15, 2018
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $208,348 | $0 | $0 | IRS |
| 990 | December 2024 | $1,115,518 | $853,975 | $1,438,515 | IRS |
| 990 | December 2023 | $1,079,834 | $733,358 | $1,199,484 | IRS |
| 990 | December 2022 | $850,607 | $362,178 | $966,397 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-N for 2020 Officer: Terry Peterson | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2019 Officer: Terry Peterson | December 31, 2019 | ≤ $50,000 receipts | – | – | e-Postcard |
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 46-0644499).
Questions about AGGIE FOUNDATION
- What is the EIN of AGGIE FOUNDATION?
- The employer identification number (EIN) of AGGIE FOUNDATION is 46-0644499.
- Is AGGIE FOUNDATION tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2018 and reinstated it effective May 15, 2018.
- Are donations to AGGIE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does AGGIE 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 AGGIE 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 AGGIE 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 AGGIE FOUNDATION?
- The 990 for the year ended December 31, 2025 names Terry Peterson.
- Who are the officers and directors of AGGIE FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does AGGIE FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $208,348, expenses of $0 and total assets of $0 at year end.
Other nonprofits in VELVA
- VELVA BULLS EIN 85-3391570 · last filed 990 for 2024
- CANDAK INC EIN 83-0613124 · last filed 990-N for 2025
- VERENDRYE ELECTRIC COOPERATIVE INC EIN 45-0206162 · last filed 990 for 2024
- SOURIS VALLEY CARE CENTER INC EIN 45-0343518 · last filed 990 for 2024
- ROUGHRIDER RODEO ASSOCIATION OF NORTH DAKOTA INC EIN 45-0379620 · last filed 990 for 2024
- VELVA RENTAL HOUSING INC EIN 45-0333793 · last filed 990 for 2025
- VELVA WILDLIFE CLUB EIN 81-2881477 · last filed 990-EZ for 2025
- VERENDRYE ELECTRIC TRUST INC EIN 45-0442077 · last filed 990-EZ for 2024