Nonprofit · EIN 41-1390592
LORETTO COMMUNITY ATHLETIC ASSOCIATION
Tax-exempt · LORETTO, MN 55357
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $26,298 | $37,386 | -$11,088 | $108,129 | $0 | $108,129 |
| December 31, 2023 | 990-EZ | $58,812 | $70,449 | -$11,637 | $119,217 | $0 | $119,217 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $2,500
- Program service revenue
- $18,349
- Net income from fundraising events
- $5,449
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $1,000
- Occupancy
- $19,883
- Other expenses
- $16,503
- Program services (functional)
- $36,289
Balance sheet and other
- Total assets, start of year
- $119,217
- Total assets, end of year
- $108,129
- Total liabilities, end of year
- $0
- Net assets, end of year
- $108,129
- Cash, savings and investments
- $2,161
- Land and buildings
- $105,968
- Gross receipts
- $27,994
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 |
|---|---|---|---|
| TIM DOBOSZENSKI | BOARD | 1 | $0 |
| SHELLY KOCH | VICE PRESIDENT | 1 | $0 |
| HERB KOCH | TREASURER | 3 | $0 |
| BEN SCANLON | BOARD | 1 | $0 |
| GLENN SCHNEIDER | PRESIDENT | 2 | $0 |
| BRANDON SCANLON | BOARD | 1 | $0 |
| NATHAN MAHER | BOARD | 1 | $0 |
| TYLER MAHER | BOARD | 1 | $0 |
| WILL WADE | BOARD | 1 | $0 |
990-EZ for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TIM DOBOSZENSKI | BOARD | 1 | $0 |
| SHELLY KOCH | VICE PRESIDENT | 1 | $0 |
| HERB KOCH | TREASURER | 3 | $0 |
| BEN SCANLON | BOARD | 1 | $0 |
| GLENN SCHNEIDER | PRESIDENT | 2 | $0 |
| BRANDON SCANLON | BOARD | 1 | $0 |
| NATHAN MAHER | BOARD | 1 | $0 |
| TYLER MAHER | BOARD | 1 | $0 |
| WILL WADE | BOARD | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 221, LORETTO, MN 55357-0221
- In care of
- % HERB KOCH
- Mailing address (990-N for 2025)
- PO Box 221, Loretto MN 55357
- Principal officer (990-N for 2025)
- HERB KOCH, PO Box 221, Loretto MN 55357
- Signed the 990-EZ
- HERB KOCH, TREASURER
- Phone
- (763) 286-7132
- Website
- www.lorettoathletic.com
- Return prepared by
- JOHNSON AND COMPANY LTD
Mission
SUPPORT OF VARIOUS ATHLETIC TEAMS INCLUDING TOWN TEAM BASEBALL & OTHER YOUTH ATHLTIC ORGANIZATIONS. SPONSORS OF VARIOUS TORUNAMENTS FOR THE GROUPS AND ORGANIZING THE VARIOUS TEAMS. MAINTAINING THE CITY OWNED ATHLTIC FIELDS.
Program accomplishments
- MAINTAINING THE CITY OWNED SOFTBALL/BASEBALL COMPLEX.Expenses $29,943
- ORGAINIZE AND MANAGE THE VARIOUS YOUTH SPORTS PROGRAMS. TO INCLUDE PROVIDING UNIFORMS, EQUIPMENT AND UMPIRES.Expenses $6,346
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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-N 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
- 41-1390592
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2002
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Recreation and sports (N60)
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-N for 2025 Officer: HERB KOCH | December 31, 2025 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-EZ | December 2024 | $26,298 | $37,386 | $108,129 | XML |
| 990-EZ | December 2023 | $58,812 | $70,449 | $119,217 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | 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 41-1390592).
Questions about LORETTO COMMUNITY ATHLETIC ASSOCIATION
- What is the EIN of LORETTO COMMUNITY ATHLETIC ASSOCIATION?
- The employer identification number (EIN) of LORETTO COMMUNITY ATHLETIC ASSOCIATION is 41-1390592.
- Is LORETTO COMMUNITY ATHLETIC ASSOCIATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
- Are donations to LORETTO COMMUNITY ATHLETIC ASSOCIATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LORETTO COMMUNITY ATHLETIC ASSOCIATION file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of LORETTO COMMUNITY ATHLETIC ASSOCIATION 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 LORETTO COMMUNITY ATHLETIC ASSOCIATION last file with the IRS?
- The latest return in the IRS public files is the 990-N for 2025 for the year ended December 31, 2025.
- Who is the principal officer of LORETTO COMMUNITY ATHLETIC ASSOCIATION?
- The 990-N for 2025 names HERB KOCH.
- Who are the officers and directors of LORETTO COMMUNITY ATHLETIC ASSOCIATION?
- The 990-EZ for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
- How much revenue does LORETTO COMMUNITY ATHLETIC ASSOCIATION have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $26,298, expenses of $37,386 and total assets of $108,129 at year end.
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All nonprofits in LORETTO · Minnesota · Recreation and sports