Nonprofit · EIN 41-0919175
SOUTHEAST MINNESOTA ASSOCIATION OF REALTORS INC
Tax-exempt · ROCHESTER, MN 55901
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $697,472 | $631,621 | $65,851 | $2,387,169 | $855,426 | $1,531,743 |
| December 31, 2024 | 990 | $660,907 | $608,744 | $52,163 | $2,187,445 | $880,382 | $1,307,063 |
| December 31, 2023 | 990 (amended) | $1,129,904 | $696,186 | $433,718 | $2,195,982 | $941,082 | $1,254,900 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $618,369
- Investment income
- $78,826
- Net income from sales of inventory
- $277
- Other revenue
- $277
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $301,678
- Salaries, compensation and benefits (total)
- $301,678
- Professional fundraising fees
- $0
- Legal fees
- $17,918
- Accounting fees
- $18,206
- Occupancy
- $214,272
- Travel
- $5,524
- Depreciation
- $23
- Program services (functional)
- $455,665
- Management and general (functional)
- $175,956
Balance sheet and other
- Total assets, start of year
- $2,187,445
- Total assets, end of year
- $2,387,169
- Total liabilities, end of year
- $855,426
- Net assets, end of year
- $1,531,743
- Land, buildings and equipment
- $211
- Publicly traded securities
- $1,690,152
- Net assets without donor restrictions
- $1,531,743
- Gross unrelated business income
- $277
- Gross receipts
- $698,699
- Employees
- 5
- Year formed
- 1964
- State of legal domicile
- MN
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HEATHER ALLEN | ALBERT LEA D Trustee or director | – | $0 |
| MOLLY CASS | AUSTIN DIREC Trustee or director, Officer | – | $0 |
| KELLY DOMAILLE | AT LARGE DIR Trustee or director | – | $0 |
| MEGAN HOBSON | PRESIDENT Trustee or director, Officer | – | $0 |
| ROBERT HOFFMAN | ALBERT LEA D Trustee or director | – | $0 |
| MICHELLE JANDT | MNR DIRECTOR Trustee or director | – | $0 |
| CELESTE LIESCH | WINONA DIREC Trustee or director | – | $0 |
| STEVE LILLESTRAND | MNR DIRECTOR Trustee or director | – | $0 |
| CHARLOTTE MCCABE | OWATONNA DIR Trustee or director | – | $0 |
| JIM MINER | TREASURER Trustee or director, Officer | – | $0 |
| JUSTIN OHNSTAD | AT LARGE DIR Trustee or director | – | $0 |
| JANITA PAULSON | OWATONNA DIR Trustee or director | – | $0 |
| AARON PERLEBERG | WINONA DIREC Trustee or director | – | $0 |
| LUCAS SCHUSTER | PRESIDENT EL Trustee or director, Officer | – | $0 |
| JUSTIN SCHWIRTZ | AT LARGE DIR Trustee or director | – | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JACOB SMITH | AUSTIN DIREC Trustee or director | – | $0 |
| KRISTINA WHEELER | ROCHESTER DI Trustee or director | – | $0 |
| GREG WILDFEUER | ROCHESTER DI Trustee or director | – | $0 |
990 for the year ended December 31, 2024: 20 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOSEPH ESLAIT | DIRECTOR Trustee or director | – | $0 |
| LISA EVANS | DIRECTOR Trustee or director | – | $0 |
| TRACIE FOLGESON | AT LARGE DIR Trustee or director | – | $0 |
| MARGARET HEISE | MEMBERSHIP D Trustee or director | – | $0 |
| ADAM HOWELL | PRESIDENT EL Trustee or director, Officer | – | $0 |
| MICHELLE JANDT | DIRECTOR Trustee or director | – | $0 |
| CARRIE KLASSEN | PRESIDENT Trustee or director, Officer | – | $0 |
| STEVE LILLESTRAND | AT LARGE DIR Trustee or director | – | $0 |
| MARY L LINDGREN | MNAR DIRECTO Trustee or director | – | $0 |
| SHAUN MARTIN | VICE PRESIDE Trustee or director | – | $0 |
| DARCY MORESCKI | DIRECTOR Trustee or director | – | $0 |
| JUSTIN OHNSTAD | OWATONNA DIR Trustee or director | – | $0 |
| PATRICK PETERSON | WINONA DIREC Trustee or director | – | $0 |
| KAT RASMUSSEN | TREASURER Trustee or director, Officer | – | $0 |
| KARL ROGERS | MNAR DIRECTO Trustee or director | – | $0 |
| JON RYAN | ROCHESTER DI Trustee or director | – | $0 |
| PAMELA SCHMIDT | ALBERT LEA D Trustee or director | – | $0 |
| JACOB SMITH | DIRECTOR Trustee or director | – | $0 |
| KYLE SWANSON | IMM PAST PRE Trustee or director, Officer | – | $0 |
| JENNIFER WALSH | AUSTIN DIREC Trustee or director | – | $0 |
990 for the year ended December 31, 2023: 20 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOSEPH ESLAIT | DIRECTOR Trustee or director | – | $0 |
| LISA EVANS | DIRECTOR Trustee or director | – | $0 |
| TRACIE FOLGESON | AT LARGE DIR Trustee or director | – | $0 |
| MARGARET HEISE | MEMBERSHIP D Trustee or director | – | $0 |
| ADAM HOWELL | PRESIDENT EL Trustee or director, Officer | – | $0 |
| MICHELLE JANDT | DIRECTOR Trustee or director | – | $0 |
| CARRIE KLASSEN | PRESIDENT Trustee or director, Officer | – | $0 |
| STEVE LILLESTRAND | AT LARGE DIR Trustee or director | – | $0 |
| MARY L LINDGREN | MNAR DIRECTO Trustee or director | – | $0 |
| SHAUN MARTIN | VICE PRESIDE Trustee or director | – | $0 |
| DARCY MORESCKI | DIRECTOR Trustee or director | – | $0 |
| JUSTIN OHNSTAD | OWATONNA DIR Trustee or director | – | $0 |
| PATRICK PETERSON | WINONA DIREC Trustee or director | – | $0 |
| KAT RASMUSSEN | TREASURER Trustee or director, Officer | – | $0 |
| KARL ROGERS | MNAR DIRECTO Trustee or director | – | $0 |
| JON RYAN | ROCHESTER DI Trustee or director | – | $0 |
| PAMELA SCHMIDT | ALBERT LEA D Trustee or director | – | $0 |
| JACOB SMITH | DIRECTOR Trustee or director | – | $0 |
| KYLE SWANSON | IMM PAST PRE Trustee or director, Officer | – | $0 |
| JENNIFER WALSH | AUSTIN DIREC Trustee or director | – | $0 |
Address and contacts
- Address (IRS master file)
- 108 ELTON HILLS LN NW STE 110, ROCHESTER, MN 55901-3567
- Principal officer (990 for 2025)
- MEGAN HOBSON, 108 ELTON HILLS DR NW SUITE 110, ROCHESTER, MN 55901
- Signed the 990
- ERIC BROWNLOW, EXECUTIVE DIRECTOR
- Phone
- (507) 285-9833
- Website
- WWW.SEMNREALTORS.COM
- Return prepared by
- WILSON TIBOR & MAVES LTD
Mission
TO ORGANIZE, EDUCATE AND ENHANCE THE PROFESSIONALISM OF ALL THE REALTORS IN SOUTHEASTERN MINNESOTA
Program accomplishments
- EXPENSES INCURRED IN MONITORING AND EDUCATING REAL ESTATE PROFESSIONALSExpenses $455,665 · revenue $618,369
- EXPENSES INCURRED IN EDUCATING AND MONITORING THE ACTIVITIES OF LOCAL REAL ESTATE PROFESSIONALS
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 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 41-0919175
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2005
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S47)
- Assets (IRS master file)
- $2,387,169
- Income (IRS master file)
- $698,699
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $697,472 | $631,621 | $2,387,169 | XML |
| 990 | December 2024 | $660,907 | $608,744 | $2,187,445 | XML |
| 990 | December 2023 | $1,129,904 | $696,186 | $2,195,982 | XML |
| 990 | December 2022 | $601,235 | $542,511 | $1,179,036 | IRS |
| 990 | December 2021 | $45,683 | $165,216 | $1,180,875 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 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 41-0919175).
Questions about SOUTHEAST MINNESOTA ASSOCIATION OF REALTORS INC
- What is the EIN of SOUTHEAST MINNESOTA ASSOCIATION OF REALTORS INC?
- The employer identification number (EIN) of SOUTHEAST MINNESOTA ASSOCIATION OF REALTORS INC is 41-0919175.
- Is SOUTHEAST MINNESOTA ASSOCIATION OF REALTORS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2005.
- Are donations to SOUTHEAST MINNESOTA ASSOCIATION OF REALTORS INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does SOUTHEAST MINNESOTA ASSOCIATION OF REALTORS INC 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 SOUTHEAST MINNESOTA ASSOCIATION OF REALTORS INC 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 SOUTHEAST MINNESOTA ASSOCIATION OF REALTORS INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of SOUTHEAST MINNESOTA ASSOCIATION OF REALTORS INC?
- The 990 for the year ended December 31, 2025 names MEGAN HOBSON.
- Who are the officers and directors of SOUTHEAST MINNESOTA ASSOCIATION OF REALTORS INC?
- The 990 for the year ended December 31, 2025 lists 18 people; 0 received compensation from the organization.
- How much revenue does SOUTHEAST MINNESOTA ASSOCIATION OF REALTORS INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $697,472, expenses of $631,621 and total assets of $2,387,169 at year end.
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All nonprofits in ROCHESTER · Minnesota · Community improvement and capacity building