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Nonprofit · EIN 41-6159209

HEDIN-HARTNAGEL MEMORIAL FUND INC

Tax-exempt · RED WING, MN 55066

Financials

$32K$16K2023$41K$18K2024
Revenue Expenses · by fiscal year end
Financials of HEDIN-HARTNAGEL MEMORIAL FUND INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$41,259$17,769$23,490$1,109,272$5,073$1,104,199
December 31, 2023990$32,205$15,948$16,257$1,080,934$225$1,080,709
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$8,940
Program service revenue
$11,128
Investment income
$21,191
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$11,499
Salaries, compensation and benefits (total)
$11,499
Professional fundraising fees
$0
Accounting fees
$484
Program services (functional)
$11,342
Management and general (functional)
$6,427

Balance sheet and other

Total assets, start of year
$1,080,934
Total assets, end of year
$1,109,272
Total liabilities, end of year
$5,073
Net assets, end of year
$1,104,199
Gross receipts
$41,259
Employees
0
Volunteers
0
Year formed
1955
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 / weekCompensationFrom related orgs
ERIN AUGUSTINEXECUTIVE SECRETARY
Trustee or director
10$0$11,499
ELIZABETH KNAPPPRESIDENT
Trustee or director, Officer
3$0$0
JIM LEISEVICE-PRESIDENT
Trustee or director, Officer
3$0$0
STACY STEINTREASURER
Trustee or director
3$0$0
TRACI SONJUDIRECTOR
Trustee or director
3$0$0
GRADY NELSONDIRECTOR
Trustee or director
3$0$0
ROSS LEXVOLDDIRECTOR
Trustee or director
3$0$0
STEVE BEECHDIRECTOR
Trustee or director
3$0$0
DOUG BAYLEYDIRECTOR
Trustee or director
3$0$0
MICK WENDLANDDIRECTOR
Trustee or director
3$0$0
MERIDITH WARDLEDIRECTOR
Trustee or director
3$0$0
JAKE BJORNSTADDIRECTOR
Trustee or director
3$0$0
990 for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensation
ERIN AUGUSTINEXECUTIVE SECRETARY
Trustee or director
10$9,996
JIM LEISEPRESIDENT
Trustee or director, Officer
3$0
ELLIE KELLYVICE-PRESIDENT
Trustee or director, Officer
3$0
TRACI SONJUDIRECTOR
Trustee or director
3$0
JEFF MCDOWELLDIRECTOR
Trustee or director
3$0
ELIZABETH KNAPPDIRECTOR
Trustee or director
3$0
DOUG BAYLEYDIRECTOR
Trustee or director
3$0
ROSS LEXVOLDDIRECTOR
Trustee or director
3$0
GRADON NELSONDIRECTOR
Trustee or director
3$0
STEVE BEECHDIRECTOR
Trustee or director
3$0
JENNIFER HOSFELDDIRECTOR
Trustee or director
3$0
STACEY HINRICHSDIRECTOR
Trustee or director
3$0

Address and contacts

Address (IRS master file)
PO BOX 222, RED WING, MN 55066-0222
Mailing address (990-N for 2025)
PO Box 222, Red Wing MN 55066
Principal officer (990 for 2024)
ELIZABETH KNAPP, 3065 COUGAR COURT, RED WING, MN 55066
Principal officer (990-N for 2025)
Kristin Guetzlaff, PO Box 222, Red Wing MN 55066
Signed the 990
Stacey Stein, TREASURER
Phone
(651) 301-0474
Return prepared by
Marklevits Ltd

Mission

TO PROVIDE LOW-INTEREST STUDENT LOANS TO RED WING HIGH SCHOOL GRADUATES FOR POST-SECONDARY EDUCATION.

990 for the year ended December 31, 2024

Program accomplishments

  • TO PROVIDE LOW-INTEREST STUDENT LOANS TO RED WING HIGH SCHOOL GRADUATES FOR POST-SECONDARY EDUCATION. IN 2024, A TOTAL OF 84 NEW LOANS TOTALING $161,000 WERE ISSUED. SINCE INCEPTION IN 1955, 1,259 STUDENTS HAVE RECEIVED OVER $4,144,026 IN LOW-INTEREST STUDENT80 LOANS. PRINCIPAL AND INTEREST RECEIVED ON THE REPAYMENT OF THESE LOANS ARE RETURNED TO THE POOL TO BE USED FOR FUTURE STUDENT LOANS.
    Expenses $11,342 · revenue $11,128

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-N on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
41-6159209
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
1979
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Category (NTEE)
Education (B82Z)

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-N for 2025
Officer: Kristin Guetzlaff
December 31, 2025≤ $50,000 receipts––e-Postcard
990December 2024$41,259$17,769$1,109,272IRS
990December 2023$32,205$15,948$1,080,934XML
990December 2022$17,737$14,909$1,064,474IRS
990December 2021–––IRS
990December 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 41-6159209).

Questions about HEDIN-HARTNAGEL MEMORIAL FUND INC

What is the EIN of HEDIN-HARTNAGEL MEMORIAL FUND INC?
The employer identification number (EIN) of HEDIN-HARTNAGEL MEMORIAL FUND INC is 41-6159209.
Is HEDIN-HARTNAGEL MEMORIAL FUND INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1979.
Are donations to HEDIN-HARTNAGEL MEMORIAL FUND INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HEDIN-HARTNAGEL MEMORIAL FUND INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of HEDIN-HARTNAGEL MEMORIAL FUND 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 HEDIN-HARTNAGEL MEMORIAL FUND INC 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 HEDIN-HARTNAGEL MEMORIAL FUND INC?
The 990 for the year ended December 31, 2024 names ELIZABETH KNAPP.
Who are the officers and directors of HEDIN-HARTNAGEL MEMORIAL FUND INC?
The 990 for the year ended December 31, 2024 lists 12 people; 0 received compensation from the organization.
How much revenue does HEDIN-HARTNAGEL MEMORIAL FUND INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $41,259, expenses of $17,769 and total assets of $1,109,272 at year end.

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