Nonprofit · EIN 84-4060369
API GROUP FOUNDATION
Tax-exempt · NEW BRIGHTON, MN 55112
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $1,559,416 | $1,097,440 | $461,976 | $1,032,387 | $0 | $1,032,387 |
| December 31, 2023 | 990-PF | $67,503 | $1,284,593 | -$1,217,090 | $570,411 | $0 | $570,411 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,500,000
- Dividends
- $59,416
Expenses
- Grants and similar amounts paid
- $1,096,500
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $1,096,500
- Excise tax on investment income
- $826
Balance sheet and other
- Total assets, start of year
- $570,411
- Total assets, end of year
- $1,032,387
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,032,387
- Fair market value of assets
- $1,032,387
- Qualifying distributions
- $1,096,500
- Net investment income
- $59,416
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 |
|---|---|---|---|
| RUSSELL A BECKER 1100 OLD HIGHWAY 8 NW, NEW BRIGHTON, MN 55112 | DIRECTOR | 1 | $0 |
| LOUIS LAMBERT 1100 OLD HIGHWAY 8 NW, NEW BRIGHTON, MN 55112 | DIRECTOR | 1 | $0 |
| TONY LARSON 1100 OLD HIGHWAY 8 NW, NEW BRIGHTON, MN 55112 | DIRECTOR (END 12/2023) | 1 | $0 |
| TONY LUCIA 1100 OLD HIGHWAY 8 NW, NEW BRIGHTON, MN 55112 | DIRECTOR | 1 | $0 |
| ANDREW S MCCLEERY 1100 OLD HIGHWAY 8 NW, NEW BRIGHTON, MN 55112 | DIRECTOR | 1 | $0 |
| KRISTINA MORTON 1100 OLD HIGHWAY 8 NW, NEW BRIGHTON, MN 55112 | PRESIDENT AND DIRECTOR | 1 | $0 |
| SHELLEY PLUNKETT 1100 OLD HIGHWAY 8 NW, NEW BRIGHTON, MN 55112 | DIRECTOR | 1 | $0 |
| SHANNON SWANSON-AREND 1100 OLD HIGHWAY 8 NW, NEW BRIGHTON, MN 55112 | VP AND DIRECTOR (END 5/2024) | 1 | $0 |
| KRISTEN BETTMANN 1100 OLD HIGHWAY 8 NW, NEW BRIGHTON, MN 55112 | TREASURER | 1 | $0 |
| AMY OLSEN 1100 OLD HIGHWAY 8 NW, NEW BRIGHTON, MN 55112 | SECRETARY (END 8/2023) | 1 | $0 |
| JESSIE SZOPINSKI 1100 OLD HIGHWAY 8 NW, NEW BRIGHTON, MN 55112 | SECRETARY | 1 | $0 |
990-PF for the year ended December 31, 2023: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RUSSELL A BECKER 1100 OLD HIGHWAY 8 NW, NEW BRIGHTON, MN 55112 | DIRECTOR (START 5/2023) | 1 | $0 |
| LOUIS LAMBERT 1100 OLD HIGHWAY 8 NW, NEW BRIGHTON, MN 55112 | DIRECTOR | 1 | $0 |
| TONY LARSON 1100 OLD HIGHWAY 8 NW, NEW BRIGHTON, MN 55112 | DIRECTOR | 1 | $0 |
| TONY LUCIA 1100 OLD HIGHWAY 8 NW, NEW BRIGHTON, MN 55112 | DIRECTOR | 1 | $0 |
| ANDREW S MCCLEERY 1100 OLD HIGHWAY 8 NW, NEW BRIGHTON, MN 55112 | DIRECTOR | 1 | $0 |
| KRISTINA MORTON 1100 OLD HIGHWAY 8 NW, NEW BRIGHTON, MN 55112 | PRESIDENT AND DIRECTOR | 1 | $0 |
| SHELLEY PLUNKETT 1100 OLD HIGHWAY 8 NW, NEW BRIGHTON, MN 55112 | DIRECTOR (START 5/2023) | 1 | $0 |
| SHANNON SWANSON-AREND 1100 OLD HIGHWAY 8 NW, NEW BRIGHTON, MN 55112 | VICE PRESIDENT AND DIRECTOR | 1 | $0 |
| KRISTEN BETTMANN 1100 OLD HIGHWAY 8 NW, NEW BRIGHTON, MN 55112 | TREASURER | 1 | $0 |
| AMY OLSEN 1100 OLD HIGHWAY 8 NW, NEW BRIGHTON, MN 55112 | SECRETARY | 1 | $0 |
| ANDREW WOOD 1100 OLD HIGHWAY 8 NW, NEW BRIGHTON, MN 55112 | DIRECTOR(END 5/2023) | 1 | $0 |
| JENNIFER BRADLEY 1100 OLD HIGHWAY 8 NW, NEW BRIGHTON, MN 55112 | DIRECTOR(END 5/2023) | 1 | $0 |
| MICHAEL JOHNSON 1100 OLD HIGHWAY 8 NW, NEW BRIGHTON, MN 55112 | DIRECTOR(END 5/2023) | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1100 OLD HIGHWAY 8 NW, NEW BRIGHTON, MN 55112-6447
- In care of
- % SHANNON SWANSON-AREND
- Signed the 990-PF
- KRISTEN BETTMANN, TREASURER
- Phone
- (651) 636-4320
- Return prepared by
- DELOITTE TAX 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 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 | 990-PF on file |
IRS record
- EIN
- 84-4060369
- 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
- 2020
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $1,032,387
- Income (IRS master file)
- $1,559,416
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $1,559,416 | $1,097,440 | $1,032,387 | XML |
| 990-PF | December 2023 | $67,503 | $1,284,593 | $570,411 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 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 84-4060369).
Questions about API GROUP FOUNDATION
- What is the EIN of API GROUP FOUNDATION?
- The employer identification number (EIN) of API GROUP FOUNDATION is 84-4060369.
- Is API GROUP FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to API GROUP FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does API GROUP FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of API GROUP 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 API GROUP 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 API GROUP FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 11 people; 0 received compensation from the organization.
- How much revenue does API GROUP FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,559,416, expenses of $1,097,440 and total assets of $1,032,387 at year end.
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All nonprofits in NEW BRIGHTON · Minnesota · Philanthropy, voluntarism and grantmaking foundations