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Nonprofit · EIN 83-2710944

OTTER TAIL POWER COMPANY FOUNDATION

Tax-exempt · FERGUS FALLS, MN 56537

Financials

$2.4M$685K2023$1.8M$910K2024$6.3M$955K2025
Revenue Expenses · by fiscal year end
Financials of OTTER TAIL POWER COMPANY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$6,305,334$954,535$5,350,799$11,290,990$0$11,290,990
December 31, 2024990-PF$1,757,425$910,401$847,024$5,214,192$0$5,214,192
December 31, 2023990-PF$2,401,541$684,878$1,716,663$4,080,719$0$4,080,719
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$5,500,000
Dividends
$278,229
Net gain from sales of assets
$527,105

Expenses

Grants and similar amounts paid
$881,985
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$882,011
Excise tax on investment income
$10,675

Balance sheet and other

Total assets, start of year
$5,214,192
Total assets, end of year
$11,290,990
Total liabilities, end of year
$0
Net assets, end of year
$11,290,990
Fair market value of assets
$11,290,990
Qualifying distributions
$882,011
Net investment income
$805,334

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
Stephanie Hoff
215 S Cascade St, Fergus Falls, MN 565372801
President1$0
Cary Stephenson
215 S Cascade St, Fergus Falls, MN 565372801
Vice President0.25$0
Steve Schoeneck
215 S Cascade St, Fergus Falls, MN 565372801
Vice President0.25$0
Rebecca Michael
215 S Cascade St, Fergus Falls, MN 565372801
Secretary1.5$0
Janelle Johnson
215 S Cascade St, Fergus Falls, MN 565372801
Treasurer0.25$0
Heather Johnson
215 S Cascade St, Fergus Falls, MN 565372801
Vice Treasurer0.25$0
Kelsey Evavold
215 S Cascade St, Fergus Falls, MN 565372801
Director0.25$0
990-PF for the year ended December 31, 2024: 6 people
NameTitleHours / weekCompensation
Stephanie Hoff
215 S Cascade St, Fergus Falls, MN 565372801
President1$0
Cary Stephenson
215 S Cascade St, Fergus Falls, MN 565372801
Vice President0.25$0
Steve Schoeneck
215 S Cascade St, Fergus Falls, MN 565372801
Vice President0.25$0
Rebecca Michael
215 S Cascade St, Fergus Falls, MN 565372801
Secretary1.5$0
Janelle Johnson
215 S Cascade St, Fergus Falls, MN 565372801
Treasurer0.25$0
Heather Johnson
215 S Cascade St, Fergus Falls, MN 565372801
Assistant Treasurer0.25$0
990-PF for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
Stephanie Hoff
215 South Cascade Street, Fergus Falls, MN 56537
President1$0
Peter Wasberg
215 South Cascade Street, Fergus Falls, MN 56537
Vice President0.25$0
Janelle Johnson
215 South Cascade Street, Fergus Falls, MN 56537
Treasurer0.5$0
Rebecca Michael
215 South Cascade Street, Fergus Falls, MN 56537
Secretary1.5$0
Steve Schoeneck
215 South Cascade Street, Fergus Falls, MN 56537
Vice President0.25$0
Cary Stephenson
215 South Cascade Street, Fergus Falls, MN 56537
Vice President0.25$0

Address and contacts

Address (IRS master file)
215 S CASCADE ST, FERGUS FALLS, MN 56537-2801
In care of
% JANELLE JOHNSON
Signed the 990-PF
Stephanie Hoff, President
Phone
(218) 739-8758
Return prepared by
Eide Bailly LLP

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
83-2710944
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
2019
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$11,290,990
Income (IRS master file)
$8,173,834

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$6,305,334$954,535$11,290,990XML
990-PFDecember 2024$1,757,425$910,401$5,214,192XML
990-PFDecember 2023$2,401,541$684,878$4,080,719XML
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 83-2710944).

Questions about OTTER TAIL POWER COMPANY FOUNDATION

What is the EIN of OTTER TAIL POWER COMPANY FOUNDATION?
The employer identification number (EIN) of OTTER TAIL POWER COMPANY FOUNDATION is 83-2710944.
Is OTTER TAIL POWER COMPANY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
Are donations to OTTER TAIL POWER COMPANY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does OTTER TAIL POWER COMPANY FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of OTTER TAIL POWER COMPANY 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 OTTER TAIL POWER COMPANY 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 OTTER TAIL POWER COMPANY FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 7 people; 0 received compensation from the organization.
How much revenue does OTTER TAIL POWER COMPANY FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $6,305,334, expenses of $954,535 and total assets of $11,290,990 at year end.

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