Nonprofit · EIN 73-1627902
GUSTAFSON FAMILY FOUNDATION
Tax-exempt · BURNSVILLE, MN 55306
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $396,876 | $135,814 | $261,062 | $1,204,255 | $0 | $1,204,255 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $400,750
- Dividends
- $4,708
- Interest
- $14,702
- Net gain from sales of assets
- -$23,284
Expenses
- Grants and similar amounts paid
- $135,000
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $135,000
- Excise tax on investment income
- $270
Balance sheet and other
- Total assets, start of year
- $943,193
- Total assets, end of year
- $1,204,255
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,204,255
- Fair market value of assets
- $1,428,810
- Qualifying distributions
- $135,000
- Net investment income
- $19,410
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DANNIE H GUSTAFSON 14500 BURNHAVEN DR SE 105, BURNSVILLE, MN 55306 | PRESIDENT | 1 | $0 |
| KRISTEN V KHANNA 14500 BURNHAVEN DR SE 105, BURNSVILLE, MN 55306 | TREASURER | 1 | $0 |
| JEFFREY D GUSTAFSON 14500 BURNHAVEN DR SE 105, BURNSVILLE, MN 55306 | SECRETARY | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 14500 BURNHAVEN DR STE 155, BURNSVILLE, MN 55306-5530
- In care of
- % DANIEL H GUSTAFSON
- Signed the 990-PF
- DANNIE GUSTAFSON, PRESIDENT
- Phone
- (952) 892-8483
- Return prepared by
- JOD LTD
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | Check at the IRS |
IRS record
- EIN
- 73-1627902
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private operating foundation
- Donations deductible (Pub 78)
- Private operating foundation, 50% limit
- Exempt since
- 2003
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Human services (P43)
- Assets (IRS master file)
- $1,204,255
- Income (IRS master file)
- $1,139,489
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $396,876 | $135,814 | $1,204,255 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
| 990-PF | December 2017 | – | – | – | 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 73-1627902).
Questions about GUSTAFSON FAMILY FOUNDATION
- What is the EIN of GUSTAFSON FAMILY FOUNDATION?
- The employer identification number (EIN) of GUSTAFSON FAMILY FOUNDATION is 73-1627902.
- Is GUSTAFSON FAMILY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
- Are donations to GUSTAFSON FAMILY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
- Which annual return does GUSTAFSON FAMILY FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of GUSTAFSON FAMILY FOUNDATION 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 GUSTAFSON FAMILY FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of GUSTAFSON FAMILY FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does GUSTAFSON FAMILY FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $396,876, expenses of $135,814 and total assets of $1,204,255 at year end.
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