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IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 81-4501703

AMBASSADORS FOR BUSINESS

Tax-exempt · CHASKA, MN 55318

Financials

$62K$96K2023
Revenue Expenses · by fiscal year end
Financials of AMBASSADORS FOR BUSINESS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990$62,421$95,691-$33,270$59,108$30,714$28,394
Financial details: 990 for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$62,421
Membership dues
$3,910
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$19,039
Other salaries and wages
$20,628
Salaries, compensation and benefits (total)
$43,177
Professional fundraising fees
$0
Legal fees
$1,764
Accounting fees
$9,472
Travel
$39
Depreciation
$2,400
Program services (functional)
$75,156
Management and general (functional)
$20,535

Balance sheet and other

Total assets, start of year
$113,928
Total assets, end of year
$59,108
Total liabilities, end of year
$30,714
Net assets, end of year
$28,394
Net assets without donor restrictions
$28,394
Gross receipts
$62,421
Employees
3
Year formed
2017

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, 2023, highest compensation first.

NameTitleHours / weekCompensation
SAM HENNEMANNEXECUTIVE DI
Trustee or director
10$19,039
TROY NOORDIRECTOR
Trustee or director
–$0
KATHY SULLIVANDIRECTOR
Trustee or director
–$0
JAY ALLSUPTREASURER
Officer
–$0
KENDRA BROWNSECRETARY
Officer
–$0
SHAWN GARDNERVICE PRESIDE
Officer
–$0
MARK STOCKHOWEPRESIDENT
Officer
–$0

Address and contacts

Address (IRS master file)
1600 BAVARIAN SHORES DR, CHASKA, MN 55318-1552
Mailing address (990-N for 2024)
P O Box 386, Victoria MN 55318
Principal officer (990 for 2023)
JAY ALLSUP, 1600 BAVARIAN SHORES DRIVE, CHASKA, MN 55318
Principal officer (990-N for 2024)
Jay Allsup, 1600 Bavarian Shores Drive, Chaska MN 55318
Signed the 990
JAY ALLSUP, TREASURER
Phone
(612) 382-8060
Return prepared by
HW & ASSOCIATES LLC

Mission

THE MISSION OF THE ORGANIZATION IS TO PROVIDE LEADERSHIP, PERSONAL GROWTH EXPERIENCES, AND OPPORTUNITIES FOR NETWORKING TO ITS MEMBERS AND THE CHRISTIAN BUSINESS COMMUNITY AS A WHOLE.

990 for the year ended December 31, 2023

Program accomplishments

  • THE ORGANIZATION PROVIDED MONTHLY MEETING AND EDUCATION WORKSHOPS FOR ITS MEMBERS
    Expenses $75,156

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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, 2026Not on file
2024December 31, 2024May 15, 2025990-N on file
2023December 31, 2023May 15, 2024990 on file

File the 2025 990-N for AMBASSADORS FOR BUSINESS

Due May 15, 2026 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
81-4501703
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
2017
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Category (NTEE)
Religion-related (X21)

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-N for 2024
Officer: Jay Allsup
December 31, 2024≤ $50,000 receipts––e-Postcard
990December 2023$62,421$95,691$59,108XML
990December 2022$39,404$98,503$113,928IRS
990December 2021–––IRS
990-EZDecember 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 81-4501703).

Questions about AMBASSADORS FOR BUSINESS

What is the EIN of AMBASSADORS FOR BUSINESS?
The employer identification number (EIN) of AMBASSADORS FOR BUSINESS is 81-4501703.
Is AMBASSADORS FOR BUSINESS tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
Are donations to AMBASSADORS FOR BUSINESS tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does AMBASSADORS FOR BUSINESS file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of AMBASSADORS FOR BUSINESS 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 AMBASSADORS FOR BUSINESS last file with the IRS?
The latest return in the IRS public files is the 990-N for 2024 for the year ended December 31, 2024.
Who is the principal officer of AMBASSADORS FOR BUSINESS?
The 990 for the year ended December 31, 2023 names JAY ALLSUP.
Who are the officers and directors of AMBASSADORS FOR BUSINESS?
The 990 for the year ended December 31, 2023 lists 7 people; 1 received compensation from the organization, the highest $19,039 (SAM HENNEMANN, EXECUTIVE DI).
How much revenue does AMBASSADORS FOR BUSINESS have?
On its 990 for the year ended December 31, 2023 it reported revenue of $62,421, expenses of $95,691 and total assets of $59,108 at year end.

Other nonprofits in CHASKA

All nonprofits in CHASKA · Minnesota · Religion-related