Nonprofit · EIN 88-2909608
GREENSEAM FUTURES
Tax-exempt · MANKATO, MN 56001
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $116,623 | $10,304 | $106,319 | $179,845 | $2,900 | $176,945 |
| December 31, 2023 | 990-EZ | $21,745 | $29,936 | -$8,191 | $81,556 | $10,930 | $70,626 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $113,000
- Investment income
- $3,623
Expenses
- Grants and similar amounts paid
- $3,000
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $7,161
- Other expenses
- $143
- Program services (functional)
- $10,134
Balance sheet and other
- Total assets, start of year
- $81,556
- Total assets, end of year
- $179,845
- Total liabilities, end of year
- $2,900
- Net assets, end of year
- $176,945
- Cash, savings and investments
- $179,845
- Gross receipts
- $116,623
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-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SAM ZIEGLER | PRESIDENT | 0 | $0 |
| GARY KOCH | CHAIR | 0 | $0 |
| MATT DOWNS | TREASURER/SE | 0 | $0 |
| AARON BUDGE | BOARD MEMBER | 0 | $0 |
| ANDREW HERR | BOARD MEMBER | 0 | $0 |
| TJ BROWN | BOARD MEMBER | 0 | $0 |
990-EZ for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SAM ZIEGLER | PRESIDENT | 1 | $0 |
| GARY KOCH | CHAIR | 1 | $0 |
| MATT DOWNS | TREASURER/SE | 1 | $0 |
| AARON BUDGE | BOARD MEMBER | 1 | $0 |
| ANDREW HERR | BOARD MEMBER | 1 | $0 |
| TJ BROWN | BOARD MEMBER | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 3 CIVIC CENTER PLZ STE 100, MANKATO, MN 56001-7734
- In care of
- % SAM ZIEGLER
- Signed the 990-EZ
- SAM ZIEGLER, PRESIDENT
- Phone
- (507) 385-6645
- Return prepared by
- BURKHARDT & BURKHARDT LTD
Mission
THE ORGANIZATION IS OPERATED FOR CHARITABLE, SCIENTIFIC, AND EDUCATIONAL PURPOSES, WITH THE MISSION TO BE THE GATEWAY FOR SOUTHERN MINNESOTA FOR RESOURCES TO EDUCATE, LAUNCH AND GROW TOMORROW'S AGRICULTURAL AND FOOD LEADERS, INNOVATORS, AND ENTREPRENEURS. GREENSEAM FUTURES' FOCUS IS TO FOSTER CREATIVE, MEANINGFUL COLLABORATION WITH THE AGRICULTURAL COMMUNITY AND EDUCATIONAL INSTITUTIONS OF SOUTHERN MINNESOTA, FOR ALL BENEFIT OF LOCAL STUDENTS AND THE COMMUNITY AT LARGE.
Program accomplishments
- FROM FFA TO BEGINNING FARMER LOANS, THERE ARE A PLETHORA OF RESOURCES AVAILABLE TO STUDENTS INTERESTED IN AGRIBUSINESS AND TO AGRIBUSINESSES INTERESTED IN INNOVATION. ONE OF GREENSEAM FUTURES GOALS IS TO AVOID DUPLICATING RESOURCES ALREADY AVAILABLE TO AREA STUDENTS, AG INNOVATORS AND ENTREPRENEURS, BUT ALSO TO HELP THESE INDIVIDUALS ACTUALLY FIND THE RESOURCES THAT ARE THE BEST FIT FOR THEIR NEEDS. THE GREENSEAM GATEWAY WILL LEVERAGE GREENSEAM FUTURES EXTENSIVE KNOWLEDGE OF GOVERNMENT AND NON-PROFIT PROGRAMS AND RESOURCES, AS WELL AS ITS CONNECTIONS WITH THE AGRIBUSINESS COMMUNITY, TO HELP MATCH INDIVIDUALS AND SMALL BUSINESSES WITH THE BEST RESOURCES FOR THEIR GROWTH. GREENSEAM FUTURES PLANS TO IMPLEMENT ITS WORK-BASED LEARNING SUPPORT PROGRAM AND THE GREENSEAM GATEWAY IN ITS FIRST YEAR OF OPERATIONS. AT THE SAME TIME, GREENSEAM FUTURES WILL BE WORKING CLOSELY WITH ITS EDUCATIONAL INSTITUTION PARTNERS TO DEFINE THE FIRST PUBLIC-BENEFIT RESEARCH PROJECT, IDENTIFY FACULTY AND STUDENTS TO CONDUCT THE RESEARCH, AND TO DEVISE A FRAMEWORK FOR CLASSROOM-BUSINESS PARTNERSHIPS. THE ORGANIZATIONS GOAL IS TO BE READY TO BEGIN RESEARCH PROJECTS FROM BOTH CATEGORIES IN GREENSEAM FUTURES SECOND YEAR OF OPERATIONS.Expenses $4,764 · grants $3,000
- WITH WATER BEING SUCH AN IMPORTANT NATURAL RESOURCE TO OUR REGION, YET THE QUALITY OF OUR LAKES SO POOR. THIS PROJECT BRINGS THE PRIVATE LAND OWNERS TOGETHER WITH FACULTY RESEARCHERS AND STUDENTS TO STUDY THE WATER QUALITY OF ONE OF OUR LOCAL LAKES TO LAY OUT SOME BEST PRACTICES THAT WOULD MAKE AN IMPACT OF CLEANER WATER.Expenses $5,370
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. 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-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 88-2909608
- 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
- 2022
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B90)
- Assets (IRS master file)
- $179,845
- Income (IRS master file)
- $116,623
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $116,623 | $10,304 | $179,845 | XML |
| 990-EZ | December 2023 | $21,745 | $29,936 | $81,556 | XML |
| 990-EZ | December 2022 | – | – | – | 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 88-2909608).
Questions about GREENSEAM FUTURES
- What is the EIN of GREENSEAM FUTURES?
- The employer identification number (EIN) of GREENSEAM FUTURES is 88-2909608.
- Is GREENSEAM FUTURES tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to GREENSEAM FUTURES tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GREENSEAM FUTURES file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of GREENSEAM FUTURES 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 GREENSEAM FUTURES last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who are the officers and directors of GREENSEAM FUTURES?
- The 990-EZ for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
- How much revenue does GREENSEAM FUTURES have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $116,623, expenses of $10,304 and total assets of $179,845 at year end.
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