Nonprofit · EIN 46-4350306
GLEN HELGESON FOUNDATION
Also known as HELGESON FOUNDATION
Tax-exempt · MINNEAPOLIS, MN 55409
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF (amended) | $209,504 | $281,248 | -$71,744 | $2,419,581 | $0 | $2,419,581 |
| December 31, 2024 | 990-PF | $576,145 | $209,636 | $366,509 | $2,491,325 | $0 | $2,491,325 |
| December 31, 2023 | 990-PF | $137,057 | $217,842 | -$80,785 | $2,124,816 | $0 | $2,124,816 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $38,670
- Interest
- $30,911
- Net gain from sales of assets
- $139,923
Expenses
- Grants and similar amounts paid
- $186,000
- Compensation of officers, directors and key employees
- $32,000
- Disbursements for charitable purposes
- $199,848
- Excise tax on investment income
- $1,782
Balance sheet and other
- Total assets, start of year
- $2,491,325
- Total assets, end of year
- $2,419,581
- Total liabilities, end of year
- $0
- Net assets, end of year
- $2,419,581
- Fair market value of assets
- $3,714,969
- Qualifying distributions
- $199,848
- Net investment income
- $209,504
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Glen Helgeson 4321 E Lake Harriet Parkway, Minneapolis, MN 55409 | Pres & Treas | 1 | $12,000 |
| Rita Penrod Helgeson 4321 E Lake Harriet Parkway, Minneapolis, MN 55409 | Exec Dir & S | 1 | $12,000 |
| Mariah Kathan 7570 Melgran Lane, Chaska, MN 55318 | Vice President | 1 | $8,000 |
990-PF for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Glen Helgeson 4321 E Lake Harriet Parkway, Minneapolis, MN 55409 | Pres & Treas | 0 | $12,000 |
| Rita Penrod Helgeson 4321 E Lake Harriet Parkway, Minneapolis, MN 55409 | Exec Dir & S | 0 | $12,000 |
| Mariah Kathan 7570 Melgran Lane, Chaska, MN 55318 | Vice President | 0 | $8,000 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GLEN HELGESON 4321 E LAKE HARRIET PARKWAY, MINNEAPOLIS, MN 55409 | PRES & TREAS | 0 | $12,000 |
| RITA PENROD HELGESON 4321 E LAKE HARRIET PARKWAY, MINNEAPOLIS, MN 55409 | EXEC DIR & S | 0 | $12,000 |
| MARIAH HELGESON 5710 NORTHWOOD RIDGE, BLOOMINGTON, MN 55437 | VICE PRESIDE | 0 | $8,000 |
Address and contacts
- Address (IRS master file)
- 4321 E LAKE HARRIET BLVD, MINNEAPOLIS, MN 55409-1725
- In care of
- % ROB NORDIN WELLS FARGO NONPROFIT
- Signed the 990-PF
- Rita Penrod Helgeson, Exec Dir & Secretary
- Phone
- (612) 667-9094
- Return prepared by
- Keylin Advisors Geslin Tukey Ltd
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 | 990-PF 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
- 46-4350306
- 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
- 2014
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Public and societal benefit (W99)
- Assets (IRS master file)
- $2,419,581
- Income (IRS master file)
- $75,467
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $209,504 | $281,248 | $2,419,581 | XML |
| 990-PF | December 2024 | $576,145 | $209,636 | $2,491,325 | XML |
| 990-PF | December 2023 | $137,057 | $217,842 | $2,124,816 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 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 46-4350306).
Questions about GLEN HELGESON FOUNDATION
- What is the EIN of GLEN HELGESON FOUNDATION?
- The employer identification number (EIN) of GLEN HELGESON FOUNDATION is 46-4350306.
- Is GLEN HELGESON FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to GLEN HELGESON FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does GLEN HELGESON FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of GLEN HELGESON 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 GLEN HELGESON 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 GLEN HELGESON FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 3 people; 3 received compensation from the organization, the highest $12,000 (Glen Helgeson, Pres & Treas).
- How much revenue does GLEN HELGESON FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $209,504, expenses of $281,248 and total assets of $2,419,581 at year end.
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