Nonprofit · EIN 41-6173532
INSTITUTE OF INTERNAL AUDITORS
Also known as TWIN CITIES CHAPTER
Tax-exempt · INVER GROVE, MN 55077
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| May 31, 2025 | 990 | $100,282 | $136,490 | -$36,208 | $241,568 | $12,889 | $228,679 |
| May 31, 2024 | 990 | $144,406 | $156,658 | -$12,252 | $271,979 | $11,302 | $260,677 |
Financial details: 990 for the year ended May 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $98,350
- Investment income
- $1,932
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $4,500
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
Balance sheet and other
- Total assets, start of year
- $271,979
- Total assets, end of year
- $241,568
- Total liabilities, end of year
- $12,889
- Net assets, end of year
- $228,679
- Publicly traded securities
- $166,420
- Gross receipts
- $100,282
- Employees
- 1
- Volunteers
- 55
- 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 May 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TANYA BERTRAND | EXECUTIVE DIRECTOR Officer | 20 | $0 |
| JENNA NIEDZ | PRESIDENT Officer | 5 | $0 |
| DAVID LUBIN | PRESIDENT ELECT Officer | 5 | $0 |
| JONATHAN CARACCI | VP ACADEMIC RELATIONS Officer | 5 | $0 |
| JOE JOSEPH | VP CAE RELATIONS Officer | 5 | $0 |
| TIM SCHMIDT | VP COMMUNICATIONS Officer | 5 | $0 |
| KATIE BRENK | VP EVENTS AND CONFERENCES Officer | 5 | $0 |
| JOE STRANDE | VP PROGRAMS Officer | 5 | $0 |
| CHRISSY SCHUMANN | VP MEMBERSHIP AND CERTIFICATIONS Officer | 5 | $0 |
| TRISTA BRAUN | VP MEMBER RELATIONS Officer | 5 | $0 |
| KIM SAMROCK | VP MEMBER RELATIONS Officer | 5 | $0 |
| JARRET PETERSON | VP RISING AUDIT PROFESSIONALS Officer | 5 | $0 |
| JULIE HANN | DISTRICT REPRESENTATIVE Officer | 5 | $0 |
| GARRETT SCHMIDT | TREASURER Officer | 5 | $0 |
| MARK KLEINWOLTERINK | ASSITANT TREASURER Officer | 5 | $0 |
17 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SASHA LUGOVSKYY | ASSITANT TREASURER Officer | 5 | $0 |
| JEREMIAH CHAMP | PAST PRESIDENT Officer | 5 | $0 |
| KRISTYN BELL | PAST PRESIDENT Officer | 5 | $0 |
| ERIC OVERMAN | BOARD OF GOVERNORS Trustee or director | 1 | $0 |
| SARAH MCCARTTY | BOARD OF GOVERNORS Trustee or director | 1 | $0 |
| LINDA GILLIGAN | BOARD OF GOVERNORS Trustee or director | 1 | $0 |
| GORDON BRAUN | BOARD OF GOVERNORS Trustee or director | 1 | $0 |
| KOJO BAAFI | BOARD OF GOVERNORS Trustee or director | 1 | $0 |
| DEANN ARDEN-BAHN | BOARD OF GOVERNORS Trustee or director | 1 | $0 |
| MALLORY THOMAS | BOARD OF GOVERNORS Trustee or director | 1 | $0 |
| MICHAEL WELLS | BOARD OF GOVERNORS Trustee or director | 1 | $0 |
| LEANNE ELIASON | BOARD OF GOVERNORS Trustee or director | 1 | $0 |
| SEAN LINDSTROM | BOARD OF GOVERNORS Trustee or director | 1 | $0 |
| MATT ALBERT | BOARD OF GOVERNORS Trustee or director | 1 | $0 |
| TYLER GRAFFUNDER | BOARD OF GOVERNORS Trustee or director | 1 | $0 |
| DAVID HAYES | BOARD OF GOVERNORS Trustee or director | 1 | $0 |
| BRENDA DREHMEL | BOARD OF GOVERNORS Trustee or director | 1 | $0 |
990 for the year ended May 31, 2024: 37 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CARAH BLYTHE | BOARD OF GOVERNORS Trustee or director | 1 | $0 |
| DAVID HAYES | BOARD OF GOVERNORS Trustee or director | 1 | $0 |
| TYLER GRAFFUNDER | BOARD OF GOVERNORS (PAST PRESIDENT) Trustee or director | 1 | $0 |
| MATT ALBERT | BOARD OF GOVERNORS Trustee or director | 1 | $0 |
| JEREMIAH CHAMP | BOARD OF GOVERNORS (PAST PRESIDENT) Trustee or director | 1 | $0 |
| LEANNE ELIASON | BOARD OF GOVERNORS Trustee or director | 1 | $0 |
| MICHAEL WELLS | BOARD OF GOVERNORS Trustee or director | 1 | $0 |
| MALLORY THOMAS | BOARD OF GOVERNORS Trustee or director | 1 | $0 |
| DEANN ARDEN-BAHN | BOARD OF GOVERNORS Trustee or director | 1 | $0 |
| KOJO BAAFI | BOARD OF GOVERNORS Trustee or director | 1 | $0 |
| GORDON BRAUN | BOARD OF GOVERNORS Trustee or director | 1 | $0 |
| SERGIO CARRILLO | BOARD OF GOVERNORS Trustee or director | 1 | $0 |
| LINDA GILLIGAN | BOARD OF GOVERNORS Trustee or director | 1 | $0 |
| ROBERT GOODALL | BOARD OF GOVERNORS Trustee or director | 1 | $0 |
| SARAH MCCARTTY | BOARD OF GOVERNORS Trustee or director | 1 | $0 |
| ERIC OVERMAN | BOARD OF GOVERNORS Trustee or director | 1 | $0 |
| KRISTYN BELL | PRESIDENT Officer | 5 | $0 |
| JILL HELMS | TREASURER Officer | 5 | $0 |
| GARRETT SCHMIDT | ASSITANT TREASURER Officer | 5 | $0 |
| MARISTELA RODRIGUES MORORO | ASSITANT TREASURER Officer | 5 | $0 |
| JOSH HULTGREN | VP CAE RELATIONS Officer | 5 | $0 |
| DANIEL SANCHEZ | VP CAE RELATIONS Officer | 5 | $0 |
| DAVID LUBIN | VP CAE RELATIONS Officer | 5 | $0 |
| TRISTA BRAUN | VP MEMBER RELATIONS Officer | 5 | $0 |
| BRENDA DREHMEL | VP MEMBER RELATIONS Officer | 5 | $0 |
| PAUL RISTVEDT | VP MEMBER RELATIONS Officer | 5 | $0 |
| JARRET PETERSON | VP YOUNG PROFESSIONAL GROU Officer | 5 | $0 |
| JONATHAN CARACCI | VP YOUNG PROFESSIONAL GROU Officer | 5 | $0 |
| TIM SCHMIDT | VP COMMUNICATIONS Officer | 5 | $0 |
| TERI DULLNIG | VP ACADEMIC RELATIONS Officer | 5 | $0 |
| JOE JOSEPH | VP ACADEMIC RELATIONS Officer | 5 | $0 |
| KATIE KLEIN | VP EVENTS AND CONFERENCES Officer | 5 | $0 |
| TANYA BERTRAND | EXECUTIVE DIRECTOR Officer | 20 | $0 |
| ASHLEY RYAN | DISTRICT REPRESENTATIVE Officer | 5 | $0 |
| JOE STRANDE | VP PROGRAMS Officer | 5 | $0 |
| CHRISSY SCHUMANN | VP MEMBERSHIP AND CERTIFIC Officer | 5 | $0 |
| JENNA NIEDZ | VICE PRESIDENT Officer | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 10825 ALBERTON WAY, INVER GROVE, MN 55077-5457
- In care of
- % SARA BROWN
- Principal officer (990 for 2024)
- GARRETT SCHMIDT, 10825 ALBERTON WAY, INVER GROVE HEIGHTS, MN 55077
- Signed the 990
- GARRETT SCHMIDT, TREASURER
- Phone
- (612) 210-1736
- Return prepared by
- SMITH SCHAFER & ASSOCIATES LTD
Mission
TO CULTIVATE, PROMOTE, AND DISSEMINATE INFORMATION CONCERNING INTERNAL AUDITING AND RELATED SUBJECTS. TO ESTABLISH AND MAINTAIN HIGH STANDARDS OF INTEGRITY, HONOR, AND CHARACTER AMONG INTERNAL AUDITORS. TO FURNISH INFORMATION REGARDING INTERNAL AUDITING AND THE PRACTICE AND METHODS THEREOF TO ITS MEMBERS, TO OTHER PERSONS INTERESTED AND TO THE GENERAL PUBLIC.
Program accomplishments
- CONDUCTED APPROXIMATELY 17 HALF DAY OR FULL DAY LIVE AND VIRTUAL SEMINARS TO ALLOW MEMBERS TO MEET THEIR CONTINUING EDUCATION REQUIREMENTS AND EXPAND THEIR PROFESSIONAL NETWORK BY LEARNING AND SHARING KNOWLEDGE.
- PROVIDED SPONSORSHIP AND SCHOLARSHIPS TO ACCOUNTING AND FINANCE DEPARTMENTS AND STUDENTS WITH LOCAL COLLEGES AND UNIVERSITIES.
- CONDUCTED APPROXIMATELY 12 1/2 HOURS LIVE ROUNDTABLE EVENTS TO ALLOW MEMBERS TO MEET THEIR CONTINUING EDUCATION REQUIREMENTS AND EXPAND THEIR PROFESSIONAL NETWORK BY LEARNING AND SHARING KNOWLEDGE.
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 May, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | May 31, 2026 | October 15, 2026 | Not on file |
| 2024 | May 31, 2025 | October 15, 2025 | 990 on file |
| 2023 | May 31, 2024 | October 15, 2024 | 990 on file |
IRS record
- EIN
- 41-6173532
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1992
- Accounting year ends
- May
- Files
- Form 990 or 990-EZ
- Group exemption
- 8620: INSTITUTE OF INTERNAL AUDITORS
- Assets (IRS master file)
- $241,568
- Income (IRS master file)
- $100,282
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | May 2025 | $100,282 | $136,490 | $241,568 | IRS |
| 990 | May 2024 | $144,406 | $156,658 | $271,979 | XML |
| 990 | May 2023 | $143,376 | $163,207 | $267,569 | IRS |
| 990 | May 2022 | – | – | – | IRS |
| 990 | May 2021 | – | – | – | 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 41-6173532).
Questions about INSTITUTE OF INTERNAL AUDITORS
- What is the EIN of INSTITUTE OF INTERNAL AUDITORS?
- The employer identification number (EIN) of INSTITUTE OF INTERNAL AUDITORS is 41-6173532.
- Is INSTITUTE OF INTERNAL AUDITORS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1992.
- Are donations to INSTITUTE OF INTERNAL AUDITORS tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does INSTITUTE OF INTERNAL AUDITORS 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 INSTITUTE OF INTERNAL AUDITORS due?
- The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did INSTITUTE OF INTERNAL AUDITORS last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended May 2025.
- Who is the principal officer of INSTITUTE OF INTERNAL AUDITORS?
- The 990 for the year ended May 31, 2025 names GARRETT SCHMIDT.
- Who are the officers and directors of INSTITUTE OF INTERNAL AUDITORS?
- The 990 for the year ended May 31, 2025 lists 32 people; 0 received compensation from the organization.
- How much revenue does INSTITUTE OF INTERNAL AUDITORS have?
- On its 990 for the year ended May 31, 2025 it reported revenue of $100,282, expenses of $136,490 and total assets of $241,568 at year end.
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