Nonprofit · EIN 47-0961362
TRAIL PROSPECTORS ALLIANCE
Tax-exempt · ELY, MN 55731
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $636,082 | $494,143 | $141,939 | $187,243 | $0 | $187,243 |
| December 31, 2024 | 990 | $207,838 | $203,149 | $4,689 | $45,304 | $0 | $45,304 |
| December 31, 2023 | 990-EZ | $92,057 | $64,808 | $27,249 | $40,714 | $0 | $40,714 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $636,082
- of which government grants
- $629,069
- Membership dues
- $1,684
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Depreciation
- $29,614
- Program services (functional)
- $490,625
- Management and general (functional)
- $3,518
Balance sheet and other
- Total assets, start of year
- $45,304
- Total assets, end of year
- $187,243
- Total liabilities, end of year
- $0
- Net assets, end of year
- $187,243
- Land, buildings and equipment
- $118,456
- Gross receipts
- $636,082
- Employees
- 0
- Volunteers
- 20
- Year formed
- 2013
- 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 |
|---|---|---|---|
| Gene Wright | Director Trustee or director | 5 | $0 |
| Elroy Kuehl | Director Trustee or director | 5 | $0 |
| Gary Skrogman | Director Trustee or director | 5 | $0 |
| Nick Wognum | President Officer | 5 | $0 |
| Ron Potter | Trail Administrator Officer | 5 | $0 |
| Neil Olson | Treasurer Officer | 5 | $0 |
| Dave Soular | Secretary Officer | 5 | $0 |
990 for the year ended December 31, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Elroy Kuehl | Director Trustee or director | 5 | $0 |
| Gene Wright | Director Trustee or director | 5 | $0 |
| Gary Skrogman | Director Trustee or director | 5 | $0 |
| Mike Meskill | Director Trustee or director | 5 | $0 |
| Ron Potter | Trail Administrator Officer | 5 | $0 |
| Nick Wognum | President Officer | 5 | $0 |
| Dave Soular | Secretary Officer | 5 | $0 |
| Neil Olson | Treasurer Officer | 5 | $0 |
990-EZ for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Nick Wognum | President | 5 | $0 |
| Ron Potter | Trail Administrator | 5 | $0 |
| Neil Olson | Treasurer | 5 | $0 |
| Dave Soular | Secretary | 5 | $0 |
| Gene Wright | Director | 5 | $0 |
| Elroy Kuehl | Director | 5 | $0 |
| Mike Meskill | Director | 5 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 754, ELY, MN 55731-0754
- In care of
- % NEIL OLSON
- Principal officer (990 for 2025)
- Nick Wognum, PO Box 754, Ely, MN 55731
- Signed the 990
- NEIL OLSON, Treasurer
- Return prepared by
- Charles R Zeugner CPA
Mission
Develoment of an ATV trail that connects the communities of Ely, Babbitt, Embarrass, Tower, and Soudan
Program accomplishments
- Trail development funded by a grant from IRRRB and by Grant in Aid program through the State of Minnesota for trail building and maintenance.Expenses $490,625 · grants $379,967 · revenue $116,446
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-EZ on file |
IRS record
- EIN
- 47-0961362
- 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
- 2014
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Public safety, disaster preparedness and relief (M40)
- Assets (IRS master file)
- $187,243
- Income (IRS master file)
- $636,082
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $636,082 | $494,143 | $187,243 | XML |
| 990 | December 2024 | $207,838 | $203,149 | $45,304 | XML |
| 990-EZ | December 2023 | $92,057 | $64,808 | $40,714 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 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 47-0961362).
Questions about TRAIL PROSPECTORS ALLIANCE
- What is the EIN of TRAIL PROSPECTORS ALLIANCE?
- The employer identification number (EIN) of TRAIL PROSPECTORS ALLIANCE is 47-0961362.
- Is TRAIL PROSPECTORS ALLIANCE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to TRAIL PROSPECTORS ALLIANCE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does TRAIL PROSPECTORS ALLIANCE 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 TRAIL PROSPECTORS ALLIANCE 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 TRAIL PROSPECTORS ALLIANCE 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 TRAIL PROSPECTORS ALLIANCE?
- The 990 for the year ended December 31, 2025 names Nick Wognum.
- Who are the officers and directors of TRAIL PROSPECTORS ALLIANCE?
- The 990 for the year ended December 31, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does TRAIL PROSPECTORS ALLIANCE have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $636,082, expenses of $494,143 and total assets of $187,243 at year end.
Other nonprofits in ELY
- EAGLES NEST FIRE EMS AUXILIARY EIN 88-2552322 · last filed 990-N for 2025
- ELY-BLOOMENSON COMMUNITY HOSPITAL EIN 41-0808719 · last filed 990 for 2025
- NORTHEASTERN MINNESOTANS FOR WILDERNESS EIN 01-0743018 · last filed 990 for 2025
- ELY AREA CREDIT UNION EIN 41-0237440 · last filed 990 for 2025
- NORTH AMERICAN BEAR CENTER EIN 41-1838192 · last filed 990 for 2025
- ELY AREA COMMUNITY FOUNDATION INC EIN 06-1770182 · last filed 990 for 2025
- ELY EDUCATIONAL FOUNDATION INC EIN 41-1622190 · last filed 990 for 2025
- VETERANS ON THE LAKE RESORT EIN 41-1439548 · last filed 990 for 2023
All nonprofits in ELY · Minnesota · Public safety, disaster preparedness and relief