Nonprofit · EIN 41-1899984
CENTRAL MINNESOTA BASKETBALL CLUB INC
Tax-exempt · SARTELL, MN 56377
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| August 31, 2025 | 990 | $514,644 | $510,573 | $4,071 | $148,798 | $0 | $148,798 |
| August 31, 2024 | 990 | $523,163 | $480,544 | $42,619 | $144,728 | $0 | $144,728 |
| August 31, 2023 | 990 | $484,504 | $438,633 | $45,871 | $102,107 | $0 | $102,107 |
Financial details: 990 for the year ended August 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $513,948
- Investment income
- $696
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $1,525
- Occupancy
- $34,126
- Program services (functional)
- $510,573
Balance sheet and other
- Total assets, start of year
- $144,728
- Total assets, end of year
- $148,798
- Total liabilities, end of year
- $0
- Net assets, end of year
- $148,798
- Net assets without donor restrictions
- $148,798
- Gross receipts
- $514,644
- Employees
- 0
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 August 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JASON CANESI | DIRECTOR Trustee or director | 3 | $1,000 |
| CHRIS LEWIS | DIRECTOR Trustee or director | 3 | $1,000 |
| GRANT GAGNER | BOARD MEMBER Trustee or director | 2 | $0 |
| JOE KNAPEK | BOARD MEMBER Trustee or director | 2 | $0 |
| JESSICA LEWIS | TREASURER Officer | 3 | $0 |
| COREY NELLIS | PRESIDENT Officer | 2 | $0 |
990 for the year ended August 31, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JASON CANESI | DIRECTOR Trustee or director | 3 | $1,000 |
| CHRIS LEWIS | DIRECTOR Trustee or director | 3 | $1,000 |
| GRANT GAGNER | BOARD MEMBER Trustee or director | 2 | $0 |
| JOE KNAPEK | BOARD MEMBER Trustee or director | 2 | $0 |
| JESSICA LEWIS | TREASURER Officer | 3 | $0 |
| COREY NELLIS | PRESIDENT Officer | 2 | $0 |
990 for the year ended August 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JASON CANESI | DIRECTOR Trustee or director | 3 | $1,000 |
| CHRIS LEWIS | DIRECTOR Trustee or director | 3 | $1,000 |
| TIM JENSEN | BOARD MEMBER Trustee or director | 2 | $0 |
| JOE KNAPEK | BOARD MEMBER Trustee or director | 2 | $0 |
| JESSICA LEWIS | TREASURER Officer | 3 | $0 |
| COREY NELLIS | PRESIDENT Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 3409 CLEMSON AVE N, SARTELL, MN 56377-4650
- In care of
- % RICHARD BARKALOW
- Principal officer (990 for 2024)
- COREY NELLIS, 999 JULIET WAY, AVON, MN 56310
- Signed the 990
- JESSICA LEWIS, TREASURER
- Return prepared by
- TERNING & COMPANY INC
Mission
TEACH AND PROMOTE AMATEUR BASKETBALL.
Program accomplishments
- ORGANIZED, COACHED, AND SUPPORTED TEAMS IN WHICH ADOLESCENTS AND TEENS PRACTICE AND COMPETE IN THE GAME OF BASKETBALL.Expenses $510,573
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 August, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | August 31, 2026 | January 15, 2027 | Not due yet |
| 2024 | August 31, 2025 | January 15, 2026 | 990 on file |
| 2023 | August 31, 2024 | January 15, 2025 | 990 on file |
IRS record
- EIN
- 41-1899984
- 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
- 1998
- Accounting year ends
- August
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N62)
- Assets (IRS master file)
- $148,798
- Income (IRS master file)
- $514,644
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | August 2025 | $514,644 | $510,573 | $148,798 | XML |
| 990 | August 2024 | $523,163 | $480,544 | $144,728 | XML |
| 990 | August 2023 | $484,504 | $438,633 | $102,107 | XML |
| 990 | August 2022 | – | – | – | IRS |
| 990 | August 2021 | – | – | – | IRS |
| 990 | August 2020 | – | – | – | IRS |
| 990 | August 2019 | – | – | – | IRS |
| 990 | August 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 41-1899984).
Questions about CENTRAL MINNESOTA BASKETBALL CLUB INC
- What is the EIN of CENTRAL MINNESOTA BASKETBALL CLUB INC?
- The employer identification number (EIN) of CENTRAL MINNESOTA BASKETBALL CLUB INC is 41-1899984.
- Is CENTRAL MINNESOTA BASKETBALL CLUB INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
- Are donations to CENTRAL MINNESOTA BASKETBALL CLUB INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CENTRAL MINNESOTA BASKETBALL CLUB 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 CENTRAL MINNESOTA BASKETBALL CLUB INC due?
- The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CENTRAL MINNESOTA BASKETBALL CLUB INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended August 2025.
- Who is the principal officer of CENTRAL MINNESOTA BASKETBALL CLUB INC?
- The 990 for the year ended August 31, 2025 names COREY NELLIS.
- Who are the officers and directors of CENTRAL MINNESOTA BASKETBALL CLUB INC?
- The 990 for the year ended August 31, 2025 lists 6 people; 2 received compensation from the organization, the highest $1,000 (JASON CANESI, DIRECTOR).
- How much revenue does CENTRAL MINNESOTA BASKETBALL CLUB INC have?
- On its 990 for the year ended August 31, 2025 it reported revenue of $514,644, expenses of $510,573 and total assets of $148,798 at year end.
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All nonprofits in SARTELL · Minnesota · Recreation and sports