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Minnesota Forest Industries Inc

Organization summary

Type of Nonprofit

Designated as a Business leagues, chambers of commerce, real estate boards, etc, created for the improvement of business conditions.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$746k (2024)

Expenses
$718k (2024)

Total Assets
$545k (2024)

Total Liabilities
$14.2k (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$745,940
Expenses
$717,585
Net Income
$28,355
Net Assets
$530,933
Notable Sources of Revenue Percent of Total Revenue
Contributions $735,703
98.6%
Program Services $0
Investment Income $9,274
1.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $963
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $206,530
28.8%
Professional Fundraising Fees $0
Other Salaries and Wages $19,245
2.7%
Assets/Debt
Total Assets $545,092
Total Liabilities $14,159
Net Assets $530,933
Compensation
Key Employees and Officers Compensation Related Other
Rick Horton (Executive Vp) $140,872 $0 $59,530
Jim Parma (President) $0 $0 $0
Brian Bignall (Vice Preside) $0 $0 $0
Allen Raushel (Treasurer) $0 $0 $0
Chris Hegg (Director) $0 $0 $0
Quintin Legler (Director) $0 $0 $0
Brian Gulseth (Director) $0 $0 $0
Jeremy Buck (Director) $0 $0 $0
Jeff Boulden (Director) $0 $0 $0
Tyson Whitbeck (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$742,115
Expenses
$756,899
Net Income
-$14,784
Net Assets
$502,578
Notable Sources of Revenue Percent of Total Revenue
Contributions $736,609
99.3%
Program Services $0
Investment Income $4,670
0.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $836
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $193,913
25.6%
Professional Fundraising Fees $0
Other Salaries and Wages $87,404
11.5%
Assets/Debt
Total Assets $517,977
Total Liabilities $15,399
Net Assets $502,578
Compensation
Key Employees and Officers Compensation Related Other
Rick Horton (Executive Vp) $138,643 $0 $48,913
Jim Parma (Director) $0 $0 $0
Chris Hegg (Director) $0 $0 $0
Eric Todd (Director) $0 $0 $0
Brian Bignall (Director) $0 $0 $0
Tom Radovich (Director/President) $0 $0 $0
Quintin Legler (Director) $0 $0 $0
Allen Raushel (Treasurer) $0 $0 $0
Cameron Lewis (Director) $0 $0 $0
Dan Toivonen (President) $0 $0 $0
Steve Twining (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$729,901
Expenses
$586,536
Net Income
$143,365
Net Assets
$517,362
Notable Sources of Revenue Percent of Total Revenue
Contributions $721,147
98.8%
Program Services $0
Investment Income $159
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $7,650
1.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $11
0.0%
Other Revenue $934
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $182,041
31.0%
Professional Fundraising Fees $0
Other Salaries and Wages $29,916
5.1%
Assets/Debt
Total Assets $541,518
Total Liabilities $24,156
Net Assets $517,362
Compensation
Key Employees and Officers Compensation Related Other
Rick Horton (Executive Vp) $138,921 $0 $43,120
Jim Parma (Director) $0 $0 $0
Chris Hegg (Director) $0 $0 $0
Eric Todd (Director) $0 $0 $0
Brian Bignall (Director) $0 $0 $0
Tom Radovich (Director) $0 $0 $0
Quintin Legler (Director) $0 $0 $0
Allen Raushel (Treasurer) $0 $0 $0
Cameron Lewis (President) $0 $0 $0
Dan Toivonen (President Starting 06/2022) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$785,019
Expenses
$725,572
Net Income
$59,447
Net Assets
$373,997
Notable Sources of Revenue Percent of Total Revenue
Contributions $772,611
98.4%
Program Services $0
Investment Income $47
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $8,415
1.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $31
0.0%
Other Revenue $3,915
0.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $263,384
36.3%
Professional Fundraising Fees $0
Other Salaries and Wages $70,605
9.7%
Assets/Debt
Total Assets $382,538
Total Liabilities $8,541
Net Assets $373,997
Compensation
Key Employees and Officers Compensation Related Other
Mike Birkeland (Executive Vp Until 12/7/21) $111,243 $0 $38,845
Rick Horton (Executive Vp Started 12/7/21) $86,453 $0 $26,843
Wade Semeliss (Director) $0 $0 $0
Jim Parma (Director) $0 $0 $0
Scott Judici (Director) $0 $0 $0
Craig Halla (Director) $0 $0 $0
Frank Frederickson (Director) $0 $0 $0
Steve Twining (Director) $0 $0 $0
Chris Hegg (Director) $0 $0 $0
Mike Schultz (Director) $0 $0 $0
Allen Raushel (Treasurer) $0 $0 $0
Michael Wagner (Vice President) $0 $0 $0
Cameron Lewis (President) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$724,829
Expenses
$699,963
Net Income
$24,866
Net Assets
$314,550
Notable Sources of Revenue Percent of Total Revenue
Contributions $723,998
99.9%
Program Services $0
Investment Income $50
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $781
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $133,065
19.0%
Professional Fundraising Fees $0
Other Salaries and Wages $143,172
20.5%
Assets/Debt
Total Assets $335,213
Total Liabilities $20,663
Net Assets $314,550
Compensation
Key Employees and Officers Compensation Related Other
Mike Birkeland (Executive Vice President) $106,370 $0 $20,617
Wade Semeliss (Director) $0 $0 $0
Jim Parma (Director) $0 $0 $0
Scott Judici (Director) $0 $0 $0
Craig Halla (Director) $0 $0 $0
Frank Frederickson (Director) $0 $0 $0
Steve Twining (Director) $0 $0 $0
Allen Raushel (Director) $0 $0 $0
Chris Hegg (Director) $0 $0 $0
Mike Schultz (Treasurer) $0 $0 $0
Michael Wagner (Vice President) $0 $0 $0
Cameron Lewis (President) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$746,696
Expenses
$715,053
Net Income
$31,643
Net Assets
$289,684
Notable Sources of Revenue Percent of Total Revenue
Contributions $745,556
99.8%
Program Services $0
Investment Income $188
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $952
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $111,652
15.6%
Professional Fundraising Fees $0
Other Salaries and Wages $137,630
19.2%
Assets/Debt
Total Assets $311,506
Total Liabilities $21,822
Net Assets $289,684
Compensation
Key Employees and Officers Compensation Related Other
Wayne Brandt (Executive Vice President) $87,178 $0 $24,474
Michael Wagner (Director) $0 $0 $0
Wade Semeliss (Director) $0 $0 $0
Mike Schultz (Director) $0 $0 $0
Jim Parma (Director) $0 $0 $0
Cameron Lewis (Director) $0 $0 $0
Scott Judici (Director) $0 $0 $0
Craig Halla (Director) $0 $0 $0
Frank Frederickson (Director) $0 $0 $0
Steve Twining (Director) $0 $0 $0
John Bastian (President) $0 $0 $0
Howard Hedstrom (Vice President) $0 $0 $0
Allen Raushel (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$761,206
Expenses
$794,617
Net Income
-$33,411
Net Assets
$258,041
Notable Sources of Revenue Percent of Total Revenue
Contributions $753,322
99.0%
Program Services $0
Investment Income $200
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $7,684
1.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $134,339
16.9%
Professional Fundraising Fees $0
Other Salaries and Wages $106,891
13.5%
Assets/Debt
Total Assets $315,904
Total Liabilities $57,863
Net Assets $258,041
Compensation
Key Employees and Officers Compensation Related Other
Wayne Brandt (Executive Vice President) $109,578 $0 $24,761
John Bastian (President) $0 $0 $0
Howard Hedstrom (Vice President) $0 $0 $0
Allen Raushel (Treasurer) $0 $0 $0
Frank Frederickson (Director) $0 $0 $0
Craig Halla (Director) $0 $0 $0
Scott Judici (Director) $0 $0 $0
Cameron Lewis (Director) $0 $0 $0
Jim Parma (Director) $0 $0 $0
Mike Schultz (Director) $0 $0 $0
Wade Semeliss (Director) $0 $0 $0
Dan Toivonen (Director) $0 $0 $0
Michael Wagner (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$762,379
Expenses
$744,005
Net Income
$18,374
Net Assets
$291,452
Notable Sources of Revenue Percent of Total Revenue
Contributions $760,181
99.7%
Program Services $0
Investment Income $199
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,999
0.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $134,538
18.1%
Professional Fundraising Fees $0
Other Salaries and Wages $98,948
13.3%
Assets/Debt
Total Assets $332,209
Total Liabilities $40,757
Net Assets $291,452
Compensation
Key Employees and Officers Compensation Related Other
Wayne Brandt (Executive Vice President) $112,142 $0 $22,396
Mike Schultz (President) $0 $0 $0
John Bastian (Vice President) $0 $0 $0
Patrick Mullen (Treasurer) $0 $0 $0
Wade Semeliss (Director) $0 $0 $0
Michael Wagner (Director) $0 $0 $0
Craig Halla (Director) $0 $0 $0
Howard Hedstrom (Director) $0 $0 $0
Joseph Maher (Director) $0 $0 $0
Jim Parma (Director) $0 $0 $0
Allen Raushel (Director) $0 $0 $0
Dan Toivonen (Director) $0 $0 $0
Cameron Lewis (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$731,345
Expenses
$712,905
Net Income
$18,440
Net Assets
$273,078
Notable Sources of Revenue Percent of Total Revenue
Contributions $729,673
99.8%
Program Services $0
Investment Income $201
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,471
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $127,120
17.8%
Professional Fundraising Fees $0
Other Salaries and Wages $110,005
15.4%
Assets/Debt
Total Assets $307,689
Total Liabilities $34,611
Net Assets $273,078
Compensation
Key Employees and Officers Compensation Related Other
Wayne Brandt (Executive Vice President) $106,352 $0 $20,768
Mike Schultz (President) $0 $0 $0
John Bastian (Vice President) $0 $0 $0
Patrick Mullen (Treasurer) $0 $0 $0
Wade Semeliss (Director) $0 $0 $0
Michael Wagner (Director) $0 $0 $0
Craig Halla (Director) $0 $0 $0
Howard Hedstrom (Director) $0 $0 $0
Joseph Maher (Director) $0 $0 $0
Jim Parma (Director) $0 $0 $0
Allen Raushel (Director) $0 $0 $0
Dan Toivonen (Director) $0 $0 $0
Jack Wallingford (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$713,395
Expenses
$741,661
Net Income
-$28,266
Net Assets
$254,638
Notable Sources of Revenue Percent of Total Revenue
Contributions $707,550
99.2%
Program Services $0
Investment Income $204
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $5,641
0.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $132,132
17.8%
Professional Fundraising Fees $0
Other Salaries and Wages $114,131
15.4%
Assets/Debt
Total Assets $314,257
Total Liabilities $59,619
Net Assets $254,638
Compensation
Key Employees and Officers Compensation Related Other
Wayne Brandt (Executive Vice President) $112,899 $0 $19,233
Pete Aube (President) $0 $0 $0
Mike Schultz (Vice President) $0 $0 $0
Patrick Mullen (Treasurer) $0 $0 $0
John Bastian (Director) $0 $0 $0
Bert Brown (Director) $0 $0 $0
Craig Halla (Director) $0 $0 $0
Howard Hedstrom (Director) $0 $0 $0
Joseph Maher (Director) $0 $0 $0
Jim Parma (Director) $0 $0 $0
Allen Raushel (Director) $0 $0 $0
Dan Toivonen (Director) $0 $0 $0
Jack Wallingford (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$704,156
Expenses
$746,522
Net Income
-$42,366
Net Assets
$282,904
Notable Sources of Revenue Percent of Total Revenue
Contributions $702,921
99.8%
Program Services $0
Investment Income $203
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,032
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $124,572
16.7%
Professional Fundraising Fees $0
Other Salaries and Wages $141,797
19.0%
Assets/Debt
Total Assets $318,744
Total Liabilities $35,840
Net Assets $282,904
Compensation
Key Employees and Officers Compensation Related Other
Wayne Brandt (Executive Vice President) $105,676 $0 $18,896
Jack Wallingford (Director) $0 $0 $0
John Bastian (Director) $0 $0 $0
Pete Aube (President) $0 $0 $0
Howard Hedstrom (Director) $0 $0 $0
Mike Schultz (Vice President) $0 $0 $0
Joseph Maher (Director) $0 $0 $0
Patrick Mullen (Treasurer) $0 $0 $0
Bert Brown (Director) $0 $0 $0
Craig Halla (Director) $0 $0 $0
Jim Parma (Director) $0 $0 $0
Allen Raushel (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$809,157
Expenses
$786,050
Net Income
$23,107
Net Assets
$325,270
Notable Sources of Revenue Percent of Total Revenue
Contributions $779,839
96.4%
Program Services $0
Investment Income $227
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $29,091
3.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $122,870
15.6%
Professional Fundraising Fees $0
Other Salaries and Wages $142,041
18.1%
Assets/Debt
Total Assets $365,618
Total Liabilities $40,348
Net Assets $325,270
Compensation
Key Employees and Officers Compensation Related Other
Wayne Brandt (Executive Vice President) $103,616 $0 $19,255
Jack Wallingford (Director) $0 $0 $0
Rick Dwyer (Director) $0 $0 $0
Bert Brown (President) $0 $0 $0
Howard Hedstrom (Director) $0 $0 $0
Pete Aube (Vice President) $0 $0 $0
Joseph Maher (Director) $0 $0 $0
Patrick Mullen (Treasurer) $0 $0 $0
Mark Radzak (Director) $0 $0 $0
Craig Halla (Director) $0 $0 $0
Jon Lamy (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$830,344
Expenses
$829,393
Net Income
$951
Net Assets
$302,163
Notable Sources of Revenue Percent of Total Revenue
Contributions $815,009
98.2%
Program Services $0
Investment Income $271
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $15,064
1.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $110,479
13.3%
Professional Fundraising Fees $0
Other Salaries and Wages $145,894
17.6%
Assets/Debt
Total Assets $338,100
Total Liabilities $35,937
Net Assets $302,163

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$844,599
Expenses
$814,140
Net Income
$30,459
Net Assets
$301,212
Notable Sources of Revenue Percent of Total Revenue
Contributions $842,531
99.8%
Program Services $0
Investment Income $392
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,676
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $102,297
12.6%
Professional Fundraising Fees $0
Other Salaries and Wages $140,327
17.2%
Assets/Debt
Total Assets $347,779
Total Liabilities $46,567
Net Assets $301,212

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
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