Nonprofit · EIN 80-0873112
MLRC FOUNDATION
Tax-exempt · LITCHFIELD, MN 55355
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $51,181 | $76,734 | -$25,553 | $1,215,686 | $0 | $1,215,686 |
| December 31, 2024 | 990-PF | $162,447 | $366,951 | -$204,504 | $1,241,724 | $0 | $1,241,724 |
| December 31, 2023 | 990-PF | $122,041 | $84,066 | $37,975 | $1,445,179 | $0 | $1,445,179 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $43,619
- Net gain from sales of assets
- $7,201
- Other income
- $361
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $50,000
- Disbursements for charitable purposes
- $53,425
- Excise tax on investment income
- $420
Balance sheet and other
- Total assets, start of year
- $1,241,724
- Total assets, end of year
- $1,215,686
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,215,686
- Fair market value of assets
- $1,455,434
- Qualifying distributions
- $53,425
- Net investment income
- $50,820
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL HAPP 22118 575TH AVENUE, LITCHFIELD, MN 55355 | CFO | 1 | $50,000 |
| BILL GULLICKSEN 22118 575TH AVENUE, LITCHFIELD, MN 55355 | PRESIDENT | 1 | $0 |
| DAN TVEITE 22118 575TH AVENUE, LITCHFIELD, MN 55355 | BOARD MEMBER | 1 | $0 |
| JOHN KOSTOUROS 22118 575TH AVENUE, LITCHFIELD, MN 55355 | BOARD MEMBER | 1 | $0 |
| SCOTT SCHWAB 22118 575TH AVENUE, LITCHFIELD, MN 55355 | BOARD MEMBER | 1 | $0 |
| JOHN DONAHUE 22118 575TH AVENUE, LITCHFIELD, MN 55355 | BOARD MEMBER | 1 | $0 |
990-PF for the year ended December 31, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL HAPP 22118 575TH AVENUE, LITCHFIELD, MN 55355 | CFO | 1 | $25,000 |
| BILL GULLICKSEN 22118 575TH AVENUE, LITCHFIELD, MN 55355 | PRESIDENT | 1 | $0 |
| DAN TVEITE 22118 575TH AVENUE, LITCHFIELD, MN 55355 | BOARD MEMBER | 1 | $0 |
| JOHN KOSTOUROS 22118 575TH AVENUE, LITCHFIELD, MN 55355 | BOARD MEMBER | 1 | $0 |
| SCOTT SCHWAB 22118 575TH AVENUE, LITCHFIELD, MN 55355 | BOARD MEMBER | 1 | $0 |
| JOHN DONAHUE 22118 575TH AVENUE, LITCHFIELD, MN 55355 | BOARD MEMBER | 1 | $0 |
990-PF for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL HAPP 22118 575TH AVENUE, LITCHFIELD, MN 55355 | CFO | 1 | $0 |
| BILL GULLICKSEN 22118 575TH AVENUE, LITCHFIELD, MN 55355 | PRESIDENT | 1 | $0 |
| DAN TVEITE 22118 575TH AVENUE, LITCHFIELD, MN 55355 | BOARD MEMBER | 1 | $0 |
| JOHN KOSTOUROS 22118 575TH AVENUE, LITCHFIELD, MN 55355 | BOARD MEMBER | 1 | $0 |
| SCOTT SCHWAB 22118 575TH AVENUE, LITCHFIELD, MN 55355 | BOARD MEMBER | 1 | $0 |
| JOHN DONAHUE 22118 575TH AVENUE, LITCHFIELD, MN 55355 | BOARD MEMBER | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 22118 575TH AVE, LITCHFIELD, MN 55355-5735
- In care of
- % SCOTT SCHWAB
- Signed the 990-PF
- MICHALE HAPP, CEO
- Phone
- (302) 963-6865
- Return prepared by
- CREATIVE PLANNING TAX LLC
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 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 80-0873112
- 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
- 2013
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Mental health and crisis intervention (F22)
- Assets (IRS master file)
- $1,215,686
- Income (IRS master file)
- $200,332
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $51,181 | $76,734 | $1,215,686 | IRS |
| 990-PF | December 2024 | $162,447 | $366,951 | $1,241,724 | XML |
| 990-PF | December 2023 | $122,041 | $84,066 | $1,445,179 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | 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 80-0873112).
Questions about MLRC FOUNDATION
- What is the EIN of MLRC FOUNDATION?
- The employer identification number (EIN) of MLRC FOUNDATION is 80-0873112.
- Is MLRC FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2013.
- Are donations to MLRC FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does MLRC FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of MLRC 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 MLRC 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 MLRC FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 6 people; 1 received compensation from the organization, the highest $50,000 (MICHAEL HAPP, CFO).
- How much revenue does MLRC FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $51,181, expenses of $76,734 and total assets of $1,215,686 at year end.
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All nonprofits in LITCHFIELD · Minnesota · Mental health and crisis intervention