Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 41-1427970

RETHOS

Tax-exempt · SAINT PAUL, MN 55102

Financials

$855K$1.7M2023$966K$1.4M2024
Revenue Expenses · by fiscal year end
Financials of RETHOS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$965,540$1,439,996-$474,456$1,103,218$463,337$639,881
December 31, 2023990$854,824$1,734,362-$879,538$1,611,385$609,981$1,001,404
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$526,777
Program service revenue
$438,762
Investment income
$0
Net income from fundraising events
$1
Other revenue
$1

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$140,986
Other salaries and wages
$663,407
Salaries, compensation and benefits (total)
$938,797
Professional fundraising fees
$24,000
Legal fees
$5,620
Accounting fees
$52,932
Occupancy
$61,670
Travel
$29,744
Depreciation
$5,315
Program services (functional)
$792,101
Management and general (functional)
$401,163
Fundraising (functional)
$246,732

Balance sheet and other

Total assets, start of year
$1,611,385
Total assets, end of year
$1,103,218
Total liabilities, end of year
$463,337
Net assets, end of year
$639,881
Land, buildings and equipment
$15,545
Publicly traded securities
$633,803
Net assets without donor restrictions
$350,999
Net assets with donor restrictions
$288,882
Gross receipts
$986,778
Employees
16
Volunteers
450
Year formed
1981
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, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
HEIDI SWANKEXECUTIVE DIRECTOR
Officer
40$116,693$24,293
KRISTEN ANDERSONPRESIDENT
Trustee or director, Officer
2$0$0
RYAN SAILERMEMBER
Trustee or director
2$0$0
NICK PLACETREASURER
Trustee or director, Officer
3$0$0
WENDY ETHENSECRETARY
Trustee or director, Officer
3$0$0
ERIK HANSENMEMBER
Trustee or director
2$0$0
COLLIN KAASVICE PRESIDENT
Trustee or director, Officer
5$0$0
TONY SIMMONSMEMBER
Trustee or director
2$0$0
TOM HANSONMEMBER
Trustee or director
2$0$0
JEN DAVELMEMBER
Trustee or director
2$0$0
LEIF EIKEVIKMEMBER
Trustee or director
2$0$0
KARMI MATTSONMEMBER
Trustee or director
2$0$0
JESSICA IRVING MARSCHALLMEMBER
Trustee or director
2$0$0
SCOTT MAYERMEMBER THRU 4/30
Trustee or director
2$0$0
DAN OTTOMEMBER THRU 4/30
Trustee or director
2$0$0
990 for the year ended December 31, 2023: 17 people
NameTitleHours / weekCompensationOther / benefits
HEIDI SWANKEXECUTIVE DIRECTOR
Officer
40$118,215$13,781
CHRIS SHERMAN - THRU 43023PAST PRESIDENT
Trustee or director, Officer
2$0$0
KRISTEN ANDERSONPRESIDENT
Trustee or director, Officer
5$0$0
RYAN SAILERMEMBER
Trustee or director
2$0$0
NICK PLACETREASURER
Trustee or director, Officer
3$0$0
WENDY ETHENSECRETARY
Trustee or director, Officer
3$0$0
ERIK HANSENMEMBER
Trustee or director
2$0$0
COLLIN KAASVICE PRESIDENT
Trustee or director, Officer
5$0$0
TONY SIMMONSMEMBER
Trustee or director
2$0$0
TOM HANSONMEMBER
Trustee or director
2$0$0
JEN DAVELMEMBER
Trustee or director
2$0$0
LEIF EIKEVIKMEMBER
Trustee or director
2$0$0
KARMI MATTSONMEMBER
Trustee or director
2$0$0
JESSICA IRVING MARSCHALLMEMBER
Trustee or director
2$0$0
SCOTT MAYERMEMBER
Trustee or director
2$0$0
DAN OTTOMEMBER
Trustee or director
2$0$0
STEVE KNIGHT - THRU 123123MEMBER
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
75 W 5TH ST FIFTH FLOOR SOUTH, SAINT PAUL, MN 55102-1431
In care of
% TODD WRIGHT
Principal officer (990 for 2024)
HEIDI SWANK, 75 W 5TH ST FIFTH FLOOR SOUTH, SAINT PAUL, MN 55102
Signed the 990
HEIDI SWANK, EXECUTIVE DIRECTOR
Phone
(651) 293-9047
Return prepared by
SDK CPA

Mission

RETHOS INSPIRES PEOPLE TO CONNECT WITH THEIR SHARED PLACES AND SPACES THROUGH PRESERVATION, ADAPTATION, AND ACTIVATION.

990 for the year ended December 31, 2024

Program accomplishments

  • MINNESOTA MAIN STREETS - AS THE STATE COORDINATING PROGRAM FOR MAIN STREET AMERICA, RETHOS SUPPORTS LOCAL MAIN STREET PROGRAMS ACROSS MINNESOTA THROUGH TRAINING, GRANTS, AND TECHNICAL ASSISTANCE TO REVITALIZE HISTORIC DOWNTOWNS AND NEIGHBORHOOD COMMERCIAL DISTRICTS.
    Expenses $313,822 · revenue $27,000
  • HERITAGE TOURISM - THROUGH PUBLIC PROGRAMS LIKE DOORS OPEN MINNEAPOLIS AND DOORS OPEN DULUTH, RETHOS CONNECTS PEOPLE TO THE HISTORY, ARCHITECTURE, AND CULTURE OF THEIR COMMUNITIES, PROMOTING PRIDE OF PLACE AND LOCAL ECONOMIC VITALITY
    Expenses $303,174 · revenue $380,750
  • EDUCATION & TRAINING - RETHOS PROVIDES CONTINUING EDUCATION FOR REAL ESTATE PROFESSIONALS AND OTHERS WHOSE WORK INTERSECTS WITH PRESERVATION, DESIGN, AND COMMUNITY DEVELOPMENT. WE ARE ALSO DEVELOPING A DECONSTRUCTION ACADEMY TO TRAIN TRADESPEOPLE IN SUSTAINABLE BUILDING MATERIAL RECOVERY, LAUNCHING IN 2027.
    Expenses $175,105 · revenue $31,012

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
41-1427970
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
1982
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,103,218
Income (IRS master file)
$986,778

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$965,540$1,439,996$1,103,218XML
990-TDecember 2024–––IRS
990December 2023$854,824$1,734,362$1,611,385XML
990-TDecember 2023–––IRS
990December 2022$834,735$1,424,110$2,336,996IRS
990-TDecember 2022–––IRS
990December 2020–––IRS
990-TDecember 2020–––IRS
990December 2018–––IRS
990December 2017–––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 41-1427970).

Questions about RETHOS

What is the EIN of RETHOS?
The employer identification number (EIN) of RETHOS is 41-1427970.
Is RETHOS tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1982.
Are donations to RETHOS tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does RETHOS 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 RETHOS 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 RETHOS last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of RETHOS?
The 990 for the year ended December 31, 2024 names HEIDI SWANK.
Who are the officers and directors of RETHOS?
The 990 for the year ended December 31, 2024 lists 15 people; 1 received compensation from the organization, the highest $116,693 (HEIDI SWANK, EXECUTIVE DIRECTOR).
How much revenue does RETHOS have?
On its 990 for the year ended December 31, 2024 it reported revenue of $965,540, expenses of $1,439,996 and total assets of $1,103,218 at year end.

Other nonprofits in SAINT PAUL

All nonprofits in SAINT PAUL · Minnesota