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Nonprofit · EIN 56-2560595

MINNESOTA POWER FOUNDATION

Tax-exempt · DULUTH, MN 55802

Financials

$791K$813K2023$804K$893K2024$790K$680K2025
Revenue Expenses · by fiscal year end
Financials of MINNESOTA POWER FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$789,614$680,126$109,488$961,025$381,000$580,025
December 31, 2024990-PF$803,852$893,473-$89,621$840,837$427,300$413,537
December 31, 2023990-PF$790,757$812,713-$21,956$930,458$322,000$608,458
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$750,000
Interest
$39,614

Expenses

Grants and similar amounts paid
$654,700
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$672,751
Excise tax on investment income
$448

Balance sheet and other

Total assets, start of year
$840,837
Total assets, end of year
$961,025
Total liabilities, end of year
$381,000
Net assets, end of year
$580,025
Fair market value of assets
$961,025
Qualifying distributions
$672,751
Net investment income
$39,614

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-PF for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
BETHANY OWEN
30 WEST SUPERIOR STREET, DULUTH, MN 55802
PRESIDENT0.5$0
KELLY DESORMEY
30 WEST SUPERIOR STREET, DULUTH, MN 55802
VICE PRESIDENT0.5$0
JEFFERY SCISSIONS
30 WEST SUPERIOR STREET, DULUTH, MN 55802
TREASURER0.5$0
FRANK FREDRICKSON
30 WEST SUPERIOR STREET, DULUTH, MN 55802
DIRECTOR0.5$0
JENNIFER CADY
30 WEST SUPERIOR STREET, DULUTH, MN 55802
DIRECTOR0.5$0
JOHN MUEHLBAUER
30 WEST SUPERIOR STREET, DULUTH, MN 55802
DIRECTOR0.5$0
MELISSA WEGLARZ
30 WEST SUPERIOR STREET, DULUTH, MN 55802
DIRECTOR0.5$0
LORI HOYUM
30 WEST SUPERIOR STREET, DULUTH, MN 55802
DIRECTOR0.5$0
ERIC CLEMENT
30 WEST SUPERIOR STREET, DULUTH, MN 55802
DIRECTOR0.5$0
JODI PIEKARSKI
30 WEST SUPERIOR STREET, DULUTH, MN 55802
DIRECTOR0.5$0
990-PF for the year ended December 31, 2024: 15 people
NameTitleHours / weekCompensation
BETHANY OWEN
30 WEST SUPERIOR STREET, DULUTH, MN 55802
PRESIDENT0.5$0
JEFFREY SCISSONS
30 WEST SUPERIOR STREET, DULUTH, MN 55802
TREASURER0.5$0
AIMEE CURTIS
30 WEST SUPERIOR STREET, DULUTH, MN 55802
SECRETARY0.5$0
GARY WHEELOCK
30 WEST SUPERIOR STREET, DULUTH, MN 55802
DIRECTOR0.5$0
MIKE PERALA
30 WEST SUPERIOR STREET, DULUTH, MN 55802
DIRECTOR0.5$0
MELISSA WEGLARZ
30 WEST SUPERIOR STREET, DULUTH, MN 55802
DIRECTOR0.5$0
JOHN MUEHLBAUER
30 WEST SUPERIOR STREET, DULUTH, MN 55802
DIRECTOR0.5$0
FRANK FREDERICKSON
30 WEST SUPERIOR STREET, DULUTH, MN 55802
DIRECTOR0.5$0
JODI PIEKARSKI
30 WEST SUPERIOR STREET, DULUTH, MN 55802
DIRECTOR0.5$0
ERIC CLEMENT
30 WEST SUPERIOR STREET, DULUTH, MN 55802
DIRECTOR0.5$0
LORI HOYUM
30 WEST SUPERIOR STREET, DULUTH, MN 55802
DIRECTOR0.5$0
MICHAEL CONRADI
30 WEST SUPERIOR STREET, DULUTH, MN 55802
DIRECTOR0.5$0
KRISTOPHER BURAN
30 WEST SUPERIOR STREET, DULUTH, MN 55802
DIRECTOR0.5$0
KELLY DESORMEY
30 WEST SUPERIOR STREET, DULUTH, MN 55802
VICE PRESIDENT0.5$0
KATE VAN DAELE
30 WEST SUPERIOR STREET, DULUTH, MN 55802
SECRETARY0.5$0
990-PF for the year ended December 31, 2023: 14 people
NameTitleHours / weekCompensation
BETHANY OWEN
30 WEST SUPERIOR STREET, DULUTH, MN 55802
PRESIDENT0.5$0
JEFFREY SCISSONS
30 WEST SUPERIOR STREET, DULUTH, MN 55802
TREASURER0.5$0
AIMEE CURTIS
30 WEST SUPERIOR STREET, DULUTH, MN 55802
SECRETARY0.5$0
GARY WHEELOCK
30 WEST SUPERIOR STREET, DULUTH, MN 55802
DIRECTOR0.5$0
MIKE PERALA
30 WEST SUPERIOR STREET, DULUTH, MN 55802
DIRECTOR0.5$0
MELISSA WEGLARZ
30 WEST SUPERIOR STREET, DULUTH, MN 55802
DIRECTOR0.5$0
JOHN MUEHLBAUER
30 WEST SUPERIOR STREET, DULUTH, MN 55802
DIRECTOR0.5$0
FRANK FREDERICKSON
30 WEST SUPERIOR STREET, DULUTH, MN 55802
DIRECTOR0.5$0
JODI PIEKARSKI
30 WEST SUPERIOR STREET, DULUTH, MN 55802
DIRECTOR0.5$0
ERIC CLEMENT
30 WEST SUPERIOR STREET, DULUTH, MN 55802
DIRECTOR0.5$0
LORI HOYUM
30 WEST SUPERIOR STREET, DULUTH, MN 55802
DIRECTOR0.5$0
MICHAEL CONRADI
30 WEST SUPERIOR STREET, DULUTH, MN 55802
DIRECTOR0.5$0
KRISTOPHER BURAN
30 WEST SUPERIOR STREET, DULUTH, MN 55802
DIRECTOR0.5$0
KELLY DESORMEY
30 WEST SUPERIOR STREET, DULUTH, MN 55802
VICE PRESIDENT0.5$0

Address and contacts

Address (IRS master file)
30 W SUPERIOR ST, DULUTH, MN 55802-2191
In care of
% DONALD STENGER
Signed the 990-PF
JEFFREY SCISSONS, TREASURER
Phone
(218) 355-3169

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. 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, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
56-2560595
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2007
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$961,025
Income (IRS master file)
$789,614

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$789,614$680,126$961,025XML
990-PFDecember 2024$803,852$893,473$840,837IRS
990-PFDecember 2023$790,757$812,713$930,458XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 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 56-2560595).

Questions about MINNESOTA POWER FOUNDATION

What is the EIN of MINNESOTA POWER FOUNDATION?
The employer identification number (EIN) of MINNESOTA POWER FOUNDATION is 56-2560595.
Is MINNESOTA POWER FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
Are donations to MINNESOTA POWER FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does MINNESOTA POWER FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of MINNESOTA POWER 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 MINNESOTA POWER FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of MINNESOTA POWER FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 10 people; 0 received compensation from the organization.
How much revenue does MINNESOTA POWER FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $789,614, expenses of $680,126 and total assets of $961,025 at year end.

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