Nonprofit · EIN 41-6373302
WALTER C RASMUSSEN FOUNDATION
Also known as C-O BELVA H RASMUSSEN
Tax-exempt · MINNEAPOLIS, MN 55413
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $492,188 | $411,480 | $80,708 | $87,861 | $0 | $87,861 |
| December 31, 2023 | 990-PF | $247,937 | $242,704 | $5,233 | $7,153 | $0 | $7,153 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $492,148
- Interest
- $40
Expenses
- Grants and similar amounts paid
- $407,739
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $407,739
- Excise tax on investment income
- $1
Balance sheet and other
- Total assets, start of year
- $7,153
- Total assets, end of year
- $87,861
- Total liabilities, end of year
- $0
- Net assets, end of year
- $87,861
- Fair market value of assets
- $87,861
- Qualifying distributions
- $407,739
- Net investment income
- $40
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BENJAMIN T RASMUSSEN 77 BROADWAY STREET NE, MINNEAPOLIS, MN 55413 | DIRECTOR/VICE PRESIDENT | 0.02 | $0 |
| PAMELA M HARRIS 77 BROADWAY STREET NE, MINNEAPOLIS, MN 55413 | DIRECTOR/SECRETARY | 0.5 | $0 |
| ROBERT A GUZY 77 BROADWAY STREET NE, MINNEAPOLIS, MN 55413 | DIRECTOR/TREASURER | 0.02 | $0 |
| EVA B RASMUSSEN 77 BROADWAY STREET NE, MINNEAPOLIS, MN 55413 | BOARD CHAIR/PRESIDENT | 0.02 | $0 |
| CHARLES L HUNTLEY 77 BROADWAY STREET NE, MINNEAPOLIS, MN 55413 | DIRECTOR | 0.02 | $0 |
| THOMAS M BECK 77 BROADWAY STREET NE, MINNEAPOLIS, MN 55413 | DIRECTOR | 0.02 | $0 |
| SUZANNE M SJOSELIUS 77 BROADWAY STREET NE, MINNEAPOLIS, MN 55413 | DIRECTOR | 2 | $0 |
| JULIA RASMUSSEN 77 BROADWAY STREET NE, MINNEAPOLIS, MN 55413 | DIRECTOR | 0.2 | $0 |
| SCOTT D HUDSON 77 BROADWAY STREET NE, MINNEAPOLIS, MN 55413 | DIRECTOR | 0.2 | $0 |
| SARA D BOGENREIF 77 BROADWAY STREET NE, MINNEAPOLIS, MN 55113 | DIRECTOR | 0.2 | $0 |
| MICHAEL F SCHOLL 77 BROADWAY STREET NE, MINNEAPOLIS, MN 55413 | DIRECTOR | 0.2 | $0 |
| JANICE DEGAETANO 77 BROADWAY STREET NE, MINNEAPOLIS, MN 55413 | DIRECTOR | 0.2 | $0 |
| CATHY HAMMETT 77 BROADWAY STREET NE, MINNEAPOLIS, MN 55413 | DIRECTOR | 0.2 | $0 |
| DAVE LARSON 77 BROADWAY STREET NE, MINNEAPOLIS, MN 55413 | DIRECTOR | 0.2 | $0 |
| DANIEL THOMSEN 77 BROADWAY STREET NE, MINNEAPOLIS, MN 55413 | DIRECTOR | 0.2 | $0 |
990-PF for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BELVA H RASMUSSEN 77 BROADWAY STREET NE, MINNEAPOLIS, MN 55413 | BOARD CHAIR/PRESIDENT | 0.5 | $0 |
| BENJAMIN T RASMUSSEN 77 BROADWAY STREET NE, MINNEAPOLIS, MN 55413 | DIRECTOR/VICE PRESIDENT | 0.02 | $0 |
| PAMELA M HARRIS 77 BROADWAY STREET NE, MINNEAPOLIS, MN 55413 | DIRECTOR/SECRETARY | 0.5 | $0 |
| ROBERT A GUZY 77 BROADWAY STREET NE, MINNEAPOLIS, MN 55413 | DIRECTOR/TREASURER | 0.02 | $0 |
| EVA B RASMUSSEN 77 BROADWAY STREET NE, MINNEAPOLIS, MN 55413 | DIRECTOR | 0.02 | $0 |
| CHARLES L HUNTLEY 77 BROADWAY STREET NE, MINNEAPOLIS, MN 55413 | DIRECTOR | 0.02 | $0 |
| THOMAS M BECK 77 BROADWAY STREET NE, MINNEAPOLIS, MN 55413 | DIRECTOR | 0.02 | $0 |
| SUZANNE M SJOSELIUS 77 BROADWAY STREET NE, MINNEAPOLIS, MN 55413 | DIRECTOR | 2 | $0 |
| JULIA RASMUSSEN 77 BROADWAY STREET NE, MINNEAPOLIS, MN 55413 | DIRECTOR | 0.2 | $0 |
| SCOTT D HUDSON 77 BROADWAY STREET NE, MINNEAPOLIS, MN 55413 | DIRECTOR | 0.2 | $0 |
| SARA D BOGENREIF 77 BROADWAY STREET NE, MINNEAPOLIS, MN 55113 | DIRECTOR | 0.2 | $0 |
| MICHAEL F SCHOLL 77 BROADWAY STREET NE, MINNEAPOLIS, MN 55413 | DIRECTOR | 0.2 | $0 |
Address and contacts
- Address (IRS master file)
- 77 BROADWAY ST NE, MINNEAPOLIS, MN 55413-1811
- In care of
- % SCHECHTER DOKKEN KANTER
- Signed the 990-PF
- EVA RASMUSSEN, PRESIDENT
- Phone
- (612) 362-3219
- Website
- WWW.NEBANKMN.COM
- Return prepared by
- SDK CPA
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 | Not 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
- 41-6373302
- 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
- 1994
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $87,861
- Income (IRS master file)
- $492,188
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $492,188 | $411,480 | $87,861 | XML |
| 990-PF | December 2023 | $247,937 | $242,704 | $7,153 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 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 41-6373302).
Questions about WALTER C RASMUSSEN FOUNDATION
- What is the EIN of WALTER C RASMUSSEN FOUNDATION?
- The employer identification number (EIN) of WALTER C RASMUSSEN FOUNDATION is 41-6373302.
- Is WALTER C RASMUSSEN FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
- Are donations to WALTER C RASMUSSEN FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does WALTER C RASMUSSEN FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of WALTER C RASMUSSEN FOUNDATION 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 WALTER C RASMUSSEN FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of WALTER C RASMUSSEN FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 15 people; 0 received compensation from the organization.
- How much revenue does WALTER C RASMUSSEN FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $492,188, expenses of $411,480 and total assets of $87,861 at year end.
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