Central Square Inc

Glenwood, MN
Tax-exempt since Feb. 1995
EIN: 41-1795911

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Recreation, Sports, Leisure, Athletics / Community Recreational Centers (NTEE)

Donations to this organization are tax deductible.

Revenue

$1.08M (2022)

Expenses

$591k (2022)

Total Assets

$4.05M (2022)

Total Liabilities

$1.54M (2022)

Years with missing data

Source: Form 990 tax filings from 2011 to 2022

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.
2022

Revenue

$1,084,923

Expenses

$590,682

Net Income

$494,241

Net Assets

$2,505,009

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$852,532	78.6%
Program Services	$85,969	7.9%
Investment Income	$170	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$146,252	13.5%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$55,562	9.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$152,417	25.8%

Assets/Debt
Total Assets	$4,049,568
Total Liabilities	$1,544,559
Net Assets	$2,505,009

Compensation

Key Employees and Officers	Compensation	Related	Other
Vickie Sawdon (President)	$0	$0	$0
Barb Kramber (Secretary)	$0	$0	$0
Cheryl Larson (Exec Director)	$0	$0	$0
Ted Halvorson (Treasurer)	$0	$0	$0
Larry Zavadil (Bldg Chair)	$0	$0	$0
Gary Hammer (Bldg Comm)	$0	$0	$0
Reid Larson (Fin Comm Chair)	$0	$0	$0
Bentley Peters (Advisor)	$0	$0	$0
Tim Douglass (Board Member)	$0	$0	$0
Stacy Gerdes (Board Member)	$0	$0	$0
Neil Haynes (Board Member)	$0	$0	$0
Gordy Wagner (Board Member)	$0	$0	$0
John Stone (Board Member)	$0	$0	$0
Marit Salveson (Board Member)	$0	$0	$0

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990

Filed on Oct. 10, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2021

Revenue

$513,315

Expenses

$492,041

Net Income

$21,274

Net Assets

$1,715,059

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$373,969	72.9%
Program Services	$19,498	3.8%
Investment Income	$113	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$119,735	23.3%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$50,277	10.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$93,855	19.1%

Assets/Debt
Total Assets	$2,707,782
Total Liabilities	$992,723
Net Assets	$1,715,059

Compensation

Key Employees and Officers	Compensation	Related	Other
Vickie Sawdon (President)	$0	$0	$0
Barb Kraember (Secretary)	$0	$0	$0
Cheryl Larson (Exec Director)	$0	$0	$0
Ted Halvorson (Treasurer)	$0	$0	$0
Larry Zavadil (Bldg Chair)	$0	$0	$0
Gary Hammer (Bldg Comm)	$0	$0	$0
Reid Larson (Fin Comm Chair)	$0	$0	$0
Bentley Peters (Advisor)	$0	$0	$0
Tim Douglass (Board Member)	$0	$0	$0
Stacy Gerdes (Board Member)	$0	$0	$0
Neil Haynes (Board Member)	$0	$0	$0
Gordy Wagner (Board Member)	$0	$0	$0
John Stone (Board Member)	$0	$0	$0
Marit Salveson (Board Member)	$0	$0	$0

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990

Filed on June 9, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2019

Revenue

$316,497

Expenses

$265,768

Net Income

$50,729

Net Assets

$1,470,532

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$163,425	51.6%
Program Services	$101,869	32.2%
Investment Income	$1,887	0.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$49,316	15.6%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$33,968	12.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$23,962	9.0%

Assets/Debt
Total Assets	$1,541,103
Total Liabilities	$70,571
Net Assets	$1,470,532

Compensation

Key Employees and Officers	Compensation	Related	Other
Cheryl Larson (Exec Director)	$33,968	$0	$0
Vickie Sawdon (President)	$0	$0	$0
Barb Kraember (Secretary)	$0	$0	$0
Teresa Veragut (Operations Mgr)	$0	$0	$0
Ted Halvorson (Director)	$0	$0	$0
Stacey Gerdes (Director)	$0	$0	$0
Reed Larson (Director)	$0	$0	$0
Bentley Peters (Advisor/Board)	$0	$0	$0
Gary Hammer (Director)	$0	$0	$0

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990

Filed on Nov. 10, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

PDF (2 of 2)

Fiscal Year Ending Dec.
2018

Revenue

$234,727

Expenses

$234,997

Net Income

-$270

Net Assets

$1,161,958

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$91,966	39.2%
Program Services	$73,910	31.5%
Investment Income	$6,400	2.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$62,451	26.6%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$30,608	13.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$13,883	5.9%

Assets/Debt
Total Assets	$1,163,022
Total Liabilities	$1,064
Net Assets	$1,161,958

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2017

Revenue

$251,315

Expenses

$216,081

Net Income

$35,234

Net Assets

$1,172,390

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$83,803	33.3%
Program Services	$116,367	46.3%
Investment Income	$5,014	2.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$45,663	18.2%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$468	0.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$30,660	14.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$12,011	5.6%

Assets/Debt
Total Assets	$1,176,037
Total Liabilities	$3,647
Net Assets	$1,172,390

The IRS has provided extracted financial data for this filing, but has not yet released the source documents.

Fiscal Year Ending Dec.
2016

Revenue

$166,477

Expenses

$162,295

Net Income

$4,182

Net Assets

$1,137,585

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$70,847	42.6%
Program Services	$47,839	28.7%
Investment Income	$938	0.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$45,807	27.5%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$1,046	0.6%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$29,520	18.2%
Professional Fundraising Fees	$1,728	1.1%
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,140,021
Total Liabilities	$2,436
Net Assets	$1,137,585

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2015

Revenue

$158,250

Expenses

$163,211

Net Income

-$4,961

Net Assets

$1,136,069

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$34,971	22.1%
Program Services	$76,694	48.5%
Investment Income	$2,133	1.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$44,452	28.1%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$26,467	16.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,138,064
Total Liabilities	$1,995
Net Assets	$1,136,069

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

PDF (2 of 2)

Fiscal Year Ending Dec.
2014

Revenue

$160,421

Expenses

$198,978

Net Income

-$38,557

Net Assets

$1,140,707

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$5,349	3.3%
Program Services	$121,686	75.9%
Investment Income	$177	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$33,209	20.7%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$23,580	11.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,140,707
Total Liabilities	$0
Net Assets	$1,140,707

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

PDF (2 of 2)

Fiscal Year Ending Dec.
2013

Revenue

$66,206

Expenses

$94,677

Net Income

-$28,471

Net Assets

$1,204,340

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$3,897	5.9%
Program Services	$51,607	77.9%
Investment Income	$997	1.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$110	0.2%
Net Fundraising	$0
Sales of Assets	$113	0.2%
Net Inventory Sales	$0
Other Revenue	$9,482	14.3%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$12,858	13.6%
Professional Fundraising Fees	$3,000	3.2%
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,204,340
Total Liabilities	$0
Net Assets	$1,204,340

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

PDF (2 of 2)

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2012

Revenue

$93,556

Expenses

$105,274

Net Income

-$11,718

Net Assets

$1,149,512

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$15,820	16.9%
Program Services	$71,616	76.5%
Investment Income	$1,051	1.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$2,931	3.1%
Net Fundraising	$0
Sales of Assets	$446	0.5%
Net Inventory Sales	$0
Other Revenue	$1,692	1.8%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$17,259	16.4%
Professional Fundraising Fees	$7,333	7.0%
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,149,642
Total Liabilities	$130
Net Assets	$1,149,512

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

PDF (2 of 2)

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

PDF (2 of 2)

Fiscal Year Ending Dec.
2011

Revenue

$66,055

Expenses

$106,963

Net Income

-$40,908

Net Assets

$1,128,390

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$12,807	19.4%
Program Services	$41,599	63.0%
Investment Income	$1,584	2.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$8,279	12.5%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$1,786	2.7%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$17,057	15.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,183,963
Total Liabilities	$55,573
Net Assets	$1,128,390

Fiscal Year Ending Dec.
2000

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

PDF (2 of 2)

About 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.

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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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Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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Updated November 21, 2024

Central Square Inc

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $1.08M (2022)

Expenses $591k (2022)

Total Assets $4.05M (2022)

Total Liabilities $1.54M (2022)

Tax Filings by Year

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

No Document Links

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

990-T

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

990-T

Fiscal Year Ending Dec. 2012

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

990-T

Fiscal Year Ending Dec. 2011

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

990-T

Fiscal Year Ending Dec. 2010

No Extracted Financial Data

Document Links

990

990-T

Fiscal Year Ending Dec. 2009

No Extracted Financial Data

Document Links

990-EZ

990-T

Revenue

$1.08M (2022)

Expenses

$591k (2022)

Total Assets

$4.05M (2022)

Total Liabilities

$1.54M (2022)

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004

Fiscal Year Ending Dec.
2003

Fiscal Year Ending Dec.
2002

Fiscal Year Ending Dec.
2001

Fiscal Year Ending Dec.
2000