Nonprofit · EIN 41-1765936
THE FIRST NATIONAL BANK OF BEMIDJI FOUNDATION
Tax-exempt · BEMIDJI, MN 56619
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $34,032 | $34,956 | -$924 | $702,325 | $0 | $702,325 |
| December 31, 2024 | 990-PF | $17,318 | $36,839 | -$19,521 | $703,249 | $0 | $703,249 |
| December 31, 2023 | 990-PF | $15,801 | $37,264 | -$21,463 | $722,770 | $0 | $722,770 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $8,000
- Interest
- $26,032
Expenses
- Grants and similar amounts paid
- $34,000
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $34,715
- Excise tax on investment income
- $362
Balance sheet and other
- Total assets, start of year
- $703,249
- Total assets, end of year
- $702,325
- Total liabilities, end of year
- $0
- Net assets, end of year
- $702,325
- Fair market value of assets
- $702,325
- Qualifying distributions
- $34,715
- Net investment income
- $26,032
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-PF for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PAUL N WELLE 3121 BIRCHMONT DR NE, BEMIDJI, MN 56601 | PRESIDENT | 1 | $0 |
| E JOSEPH WELLE 2318 BIRCHMONT DR NE, BEMIDJI, MN 56601 | DIRECTOR | 1 | $0 |
| AUTUMN GRABER 4520 CHERRY LN NE, BEMIDJI, MN 56601 | SECRETARY/TREASURER | 1 | $0 |
| RON CUPERUS PO BOX 98, BEMIDJI, MN 56619 | DIRECTOR | 1 | $0 |
| B SCOTT CURB 6416 BIRCHMONT DR NE, BEMIDJI, MN 56601 | DIRECTOR | 1 | $0 |
| DEAN THOMPSON 3328 BIRCHMONT DR NE, BEMIDJI, MN 56601 | DIRECTOR | 1 | $0 |
| LISA BRUNS 5130 SHERMAN DR NE, BEMIDJI, MN 56601 | DIRECTOR | 1 | $0 |
| GLEN LINDSETH PO BOX 1558, BEMIDJI, MN 56619 | DIRECTOR | 1 | $0 |
| ZACHARY HAZELTON 1410 OTTER POINT LN SW, BEMIDJI, MN 56601 | DIRECTOR | 1 | $0 |
| ANDREW WELLS IV 5081 WINDSOR CT NW, BEMIDJI, MN 56601 | DIRECTOR | 1 | $0 |
| TRACIE WALTER 16818 TURTLE ESTATES CT NW, BEMIDJI, MN 56601 | DIRECTOR | 1 | $0 |
990-PF for the year ended December 31, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PAUL N WELLE 3121 BIRCHMONT DR NE, BEMIDJI, MN 56601 | PRESIDENT | 1 | $0 |
| E JOSEPH WELLE 2318 BIRCHMONT DR NE, BEMIDJI, MN 56601 | VICE PRESIDENT | 1 | $0 |
| AUTUMN GRABER 4520 CHERRY LN NE, BEMIDJI, MN 56601 | SECRETARY/TREASURER | 1 | $0 |
| RON CUPERUS PO BOX 98, BEMIDJI, MN 56619 | DIRECTOR | 1 | $0 |
| B SCOTT CURB 6416 BIRCHMONT DR NE, BEMIDJI, MN 56601 | DIRECTOR | 1 | $0 |
| DEAN THOMPSON 3328 BIRCHMONT DR NE, BEMIDJI, MN 56601 | DIRECTOR | 1 | $0 |
| LISA BRUNS 5130 SHERMAN DR NE, BEMIDJI, MN 56601 | DIRECTOR | 1 | $0 |
| GLEN LINDSETH PO BOX 1558, BEMIDJI, MN 56619 | DIRECTOR | 1 | $0 |
| ZACHARY HAZELTON 1410 OTTER POINT LN SW, BEMIDJI, MN 56601 | DIRECTOR | 1 | $0 |
| ANDREW WELLS IV 5081 WINDSOR CT NW, BEMIDJI, MN 56601 | DIRECTOR | 1 | $0 |
990-PF for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PAUL N WELLE 3121 BIRCHMONT DR NE, BEMIDJI, MN 56601 | PRESIDENT | 1 | $0 |
| E JOSEPH WELLE 2318 BIRCHMONT DR NE, BEMIDJI, MN 56601 | VICE PRESIDENT | 1 | $0 |
| REBECCA BENTFIELD 13091 IDLEWILD DR NE, BEMIDJI, MN 56601 | SECRETARY/TREASURER | 1 | $0 |
| RON CUPERUS PO BOX 98, BEMIDJI, MN 56619 | DIRECTOR | 1 | $0 |
| B SCOTT CURB 6416 BIRCHMONT DR NE, BEMIDJI, MN 56601 | DIRECTOR | 1 | $0 |
| DEAN THOMPSON 3328 BIRCHMONT DR NE, BEMIDJI, MN 56601 | DIRECTOR | 1 | $0 |
| LISA BRUNS 5130 SHERMAN DR NE, BEMIDJI, MN 56601 | DIRECTOR | 1 | $0 |
| GLEN LINDSETH PO BOX 1558, BEMIDJI, MN 56619 | DIRECTOR | 1 | $0 |
| ZACHARY HAZELTON 1410 OTTER POINT LN SW, BEMIDJI, MN 56601 | DIRECTOR | 1 | $0 |
| ANDREW WELLS IV 5081 WINDSOR CT NW, BEMIDJI, MN 56601 | DIRECTOR | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 670, BEMIDJI, MN 56619-0670
- In care of
- % PAUL WELLE PRESIDENT
- Signed the 990-PF
- PAUL WELLE, PRESIDENT
- Phone
- (218) 751-2430
- Return prepared by
- MILLER MCDONALD INC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. 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-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 41-1765936
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1995
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20Z)
- Assets (IRS master file)
- $702,325
- Income (IRS master file)
- $34,032
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $34,032 | $34,956 | $702,325 | IRS |
| 990-PF | December 2024 | $17,318 | $36,839 | $703,249 | IRS |
| 990-PF | December 2023 | $15,801 | $37,264 | $722,770 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | 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 41-1765936).
Questions about THE FIRST NATIONAL BANK OF BEMIDJI FOUNDATION
- What is the EIN of THE FIRST NATIONAL BANK OF BEMIDJI FOUNDATION?
- The employer identification number (EIN) of THE FIRST NATIONAL BANK OF BEMIDJI FOUNDATION is 41-1765936.
- Is THE FIRST NATIONAL BANK OF BEMIDJI FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
- Are donations to THE FIRST NATIONAL BANK OF BEMIDJI FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does THE FIRST NATIONAL BANK OF BEMIDJI FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of THE FIRST NATIONAL BANK OF BEMIDJI FOUNDATION 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 THE FIRST NATIONAL BANK OF BEMIDJI FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of THE FIRST NATIONAL BANK OF BEMIDJI FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 11 people; 0 received compensation from the organization.
- How much revenue does THE FIRST NATIONAL BANK OF BEMIDJI FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $34,032, expenses of $34,956 and total assets of $702,325 at year end.
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All nonprofits in BEMIDJI · Minnesota · Philanthropy, voluntarism and grantmaking foundations