Nonprofit · EIN 26-3537812
MADELIA AREA REDEVELOPMENT CORPORATION
Tax-exempt · MADELIA, MN 56062
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $73,668 | $64,278 | $9,390 | $20,321 | – | $20,321 |
| December 31, 2024 | 990-EZ | $49,348 | $52,773 | -$3,425 | $10,931 | – | $10,931 |
| December 31, 2023 | 990-EZ | $48,013 | $55,728 | -$7,715 | $14,356 | – | $14,356 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $73,658
- Investment income
- $10
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $50,916
- Printing, publications and postage
- $1,836
- Other expenses
- $11,526
Balance sheet and other
- Total assets, start of year
- $10,931
- Total assets, end of year
- $20,321
- Total liabilities, end of year
- –
- Net assets, end of year
- $20,321
- Cash, savings and investments
- $20,321
- Gross receipts
- $73,668
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SYBIL B CHRISTENSEN | SECRETARY/TR | 1 | $0 |
| GLEN CHRISTENSEN | PRESIDENT | 4 | $0 |
| CHRISTINE FISCHER | VICE-PRESIDE | 1 | $0 |
990-EZ for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SYBIL B CHRISTENSEN | SECRETARY/TR | 1 | $0 |
| GLEN CHRISTENSEN | PRESIDENT | 4 | $0 |
| CHRISTINE FISCHER | VICE-PRESIDE | 1 | $0 |
990-EZ for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SYBIL B CHRISTENSEN | SECRETARY/TR | 1 | $0 |
| GLEN CHRISTENSEN | PRESIDENT | 4 | $0 |
| CHRISTINE FISCHER | VICE-PRESIDE | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 104 W MAIN ST, MADELIA, MN 56062-1440
- Signed the 990-EZ
- GLEN CHRISTENSEN, PRESIDENT
- Phone
- (507) 642-5555
- Return prepared by
- KELSEY ARNDT & TWEIT PLLC
Mission
IT IS THE MISSION OF THE MADELIA AREA REDEVELOPMENT CORPORATION TO INCREASE THE ECONOMIC AND TAX BASE OF EASTERN WATONWAN COUNTY.
Program accomplishments
- THE ORGANIZATION WAS FORMED ON SEPTEMBER 19, 2008. IN THIS TIME OF EXISTENCE, A FOUNDATION WAS DEVELOPED FOR THE ORGANIZATION TO ACCOMPLISH ITS MISSION OF INCREASING THE ECONOMIC AND TAX BASE OF EASTERN WATONWAN COUNTY.
- MADELIA AREA CHAMBER OF COMMERCE
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 | 990-EZ 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
- 26-3537812
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2009
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $20,321
- Income (IRS master file)
- $73,668
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $73,668 | $64,278 | $20,321 | XML |
| 990-EZ | December 2024 | $49,348 | $52,773 | $10,931 | XML |
| 990-EZ | December 2023 | $48,013 | $55,728 | $14,356 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
| 990-EZ | 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 26-3537812).
Questions about MADELIA AREA REDEVELOPMENT CORPORATION
- What is the EIN of MADELIA AREA REDEVELOPMENT CORPORATION?
- The employer identification number (EIN) of MADELIA AREA REDEVELOPMENT CORPORATION is 26-3537812.
- Is MADELIA AREA REDEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2009.
- Are donations to MADELIA AREA REDEVELOPMENT CORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does MADELIA AREA REDEVELOPMENT CORPORATION 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 MADELIA AREA REDEVELOPMENT CORPORATION 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 MADELIA AREA REDEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of MADELIA AREA REDEVELOPMENT CORPORATION?
- The 990-EZ for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does MADELIA AREA REDEVELOPMENT CORPORATION have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $73,668, expenses of $64,278 and total assets of $20,321 at year end.
Other nonprofits in MADELIA
- MINNESOTA WOMEN OF TODAY EIN 41-1381237 · last filed 990-N for 2025
- MADELIA PROMOTIONS INC EIN 41-1932975 · last filed 990-N for 2025
- MADELIA HEALTH EIN 41-0758512 · last filed 990 for 2025
- MINNESOTA TELEPHONE ASSOCIATION INC EIN 41-0418730 · last filed 990 for 2025
- WATONWAN COUNTY HISTORICAL SOCIETY EIN 41-6051871 · last filed 990 for 2025
- MADELIA HEALTH FOUNDATION EIN 73-1719218 · last filed 990 for 2025
- HOWARD RASMUSSEN CHARITABLE TRUST DATED JANUARY 1 2023 EIN 93-4718893 · last filed 990-PF for 2024
- AMERICAN LEGION EIN 41-0829553 · last filed 990 for 2025
All nonprofits in MADELIA · Minnesota · Community improvement and capacity building