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Nonprofit · EIN 45-3080856

NORMAN AND ANN HOFFMAN FOUNDATION

Tax-exempt · WACONIA, MN 55387

Financials

−$219K$325K2023$239K$286K2024$189K$431K2025
Revenue Expenses · by fiscal year end
Financials of NORMAN AND ANN HOFFMAN FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$188,758$431,451-$242,693$3,873,700$0$3,873,700
December 31, 2024990-PF$238,970$286,009-$47,039$4,128,551$0$4,128,551
December 31, 2023990-PF-$218,583$325,374-$543,957$4,188,440$0$4,188,440
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$119,489
Interest
$62,326
Net gain from sales of assets
$6,943

Expenses

Grants and similar amounts paid
$370,000
Compensation of officers, directors and key employees
$10,147
Disbursements for charitable purposes
$389,823
Excise tax on investment income
$2,029

Balance sheet and other

Total assets, start of year
$4,128,551
Total assets, end of year
$3,873,700
Total liabilities, end of year
$0
Net assets, end of year
$3,873,700
Fair market value of assets
$8,589,220
Qualifying distributions
$389,823
Net investment income
$184,090

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.

NameTitleHours / weekCompensation
GERALD R STORMS
116 LAKE STREET WEST, WACONIA, MN 55387
DIRECTOR/VP/TREASURER1$10,147
JEANNE H HOFFMAN
116 LAKE STREET WEST, WACONIA, MN 55387
DIRECTOR/PRESIDENT1$0
JULIA K HOFFMAN
116 LAKE STREET WEST, WACONIA, MN 55387
DIRECTOR/SECRETARY1$0
990-PF for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
GERALD R STORMS
116 LAKE STREET WEST, WACONIA, MN 55387
DIRECTOR/VP/TREASURER1$14,856
JEANNE H HOFFMAN
116 LAKE STREET WEST, WACONIA, MN 55387
DIRECTOR/PRESIDENT1$0
JULIA K HOFFMAN
116 LAKE STREET WEST, WACONIA, MN 55387
DIRECTOR/SECRETARY1$0
990-PF for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
GERALD R STORMS
116 LAKE STREET WEST, WACONIA, MN 55387
DIRECTOR/VP/TREASURER1$9,941
NORMAN H HOFFMAN
116 LAKE STREET WEST, WACONIA, MN 55387
DIRECTOR0.1$0
ANNA M HOFFMAN
116 LAKE STREET WEST, WACONIA, MN 55387
DIRECTOR0.1$0
JEANNE H HOFFMAN
116 LAKE STREET WEST, WACONIA, MN 55387
DIRECTOR/PRESIDENT1$0
JULIA K HOFFMAN
116 LAKE STREET WEST, WACONIA, MN 55387
DIRECTOR/SECRETARY1$0

Address and contacts

Address (IRS master file)
7750 RUTZ LAKE RD, WACONIA, MN 55387-9669
In care of
% NORM HOFFMAN
Signed the 990-PF
GERALD R STORMS, DIRECTOR/VP/TREASURER
Phone
(952) 270-6862
Return prepared by
RSM US LLP

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

IRS record

EIN
45-3080856
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
2012
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$3,873,700
Income (IRS master file)
$1,619,853

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$188,758$431,451$3,873,700XML
990-PFDecember 2024$238,970$286,009$4,128,551XML
990-PFDecember 2023-$218,583$325,374$4,188,440XML
990-PFDecember 2022–––IRS
990-TDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-TDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-TDecember 2020–––IRS
990-PFDecember 2018–––IRS
990-PFDecember 2017–––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 45-3080856).

Questions about NORMAN AND ANN HOFFMAN FOUNDATION

What is the EIN of NORMAN AND ANN HOFFMAN FOUNDATION?
The employer identification number (EIN) of NORMAN AND ANN HOFFMAN FOUNDATION is 45-3080856.
Is NORMAN AND ANN HOFFMAN FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
Are donations to NORMAN AND ANN HOFFMAN FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does NORMAN AND ANN HOFFMAN FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of NORMAN AND ANN HOFFMAN 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 NORMAN AND ANN HOFFMAN 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 NORMAN AND ANN HOFFMAN FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 3 people; 1 received compensation from the organization, the highest $10,147 (GERALD R STORMS, DIRECTOR/VP/TREASURER).
How much revenue does NORMAN AND ANN HOFFMAN FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $188,758, expenses of $431,451 and total assets of $3,873,700 at year end.

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