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Owatonna Foundation Inc

Organization summary

Type of Nonprofit

Designated as a 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: Educational Institutions and Related Activities / Scholarships, Student Financial Aid Services, Awards (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$761k (2023)

Expenses
$479k (2023)

Total Assets
$10.1M (2023)

Total Liabilities
$75.2k (2023)

Years with missing data
Source: Form 990 tax filings from 2009 to 2023

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.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$761,379
Expenses
$478,642
Net Income
$282,737
Net Assets
$10,041,682
Notable Sources of Revenue Percent of Total Revenue
Contributions $533,446
70.1%
Program Services $0
Investment Income $237,417
31.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$9,484
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $77,280
16.1%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $10,116,921
Total Liabilities $75,239
Net Assets $10,041,682
Compensation
Key Employees and Officers Compensation Related Other
Sara Mckay (Executive Se) $55,180 $0 $0
Angela Gonzales (Executive Se) $22,100 $0 $0
Brian Bunkers (Trustee) $0 $0 $0
Kim Cosens (Trustee) $0 $0 $0
Gregg Draeger (Trustee) $0 $0 $0
David Einhaus (Trustee) $0 $0 $0
Deb Gillard (Trustee) $0 $0 $0
Todd Hale (Trustee) $0 $0 $0
Bob Heers (Trustee) $0 $0 $0
Michael Jensen (Trustee) $0 $0 $0
Nancy Keller (Trustee) $0 $0 $0
Chadwick Lange (Trustee) $0 $0 $0
Cheryl Meger (Trustee) $0 $0 $0
Josh Meillier (Trustee) $0 $0 $0
Carol Nelson (Trustee) $0 $0 $0
Peng Olson (Trustee) $0 $0 $0
Dennis Von Ruden (Trustee) $0 $0 $0
David Seykora (Trustee) $0 $0 $0
Todd Trout (Trustee) $0 $0 $0
Dean Velzke (Trustee) $0 $0 $0
Brandon Wayne (Trustee) $0 $0 $0
Bob Wottreng (Trustee) $0 $0 $0
Thomas Dufresne (President) $0 $0 $0
Andy Michaletz (Secretary Tr) $0 $0 $0
Dave Ramsey (Vice Preside) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$562,340
Expenses
$311,423
Net Income
$250,917
Net Assets
$8,735,847
Notable Sources of Revenue Percent of Total Revenue
Contributions $533,089
94.8%
Program Services $0
Investment Income $242,647
43.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$213,396
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $50,764
16.3%
Professional Fundraising Fees $0
Other Salaries and Wages $10,273
3.3%
Assets/Debt
Total Assets $8,946,592
Total Liabilities $210,745
Net Assets $8,735,847
Compensation
Key Employees and Officers Compensation Related Other
Angela Gonzales (Executive Se) $50,764 $0 $0
William Beer (Trustee) $0 $0 $0
Brian Bunkers (Trustee) $0 $0 $0
Kim Cosens (Trustee) $0 $0 $0
Gregg Draeger (Trustee) $0 $0 $0
David Einhaus (Trustee) $0 $0 $0
Todd Hale (Trustee) $0 $0 $0
Bob Heers (Trustee) $0 $0 $0
Michael Jensen (Trustee) $0 $0 $0
Chadwick Lange (Trustee) $0 $0 $0
Josh Meillier (Trustee) $0 $0 $0
Jolayne Mohs (Trustee) $0 $0 $0
Carol Nelson (Trustee) $0 $0 $0
Peng Olson (Trustee) $0 $0 $0
Judy Plemel (Trustee) $0 $0 $0
Dennis Von Ruden (Trustee) $0 $0 $0
David Seykora (Trustee) $0 $0 $0
Ray Stawarz (Trustee) $0 $0 $0
Todd Trout (Trustee) $0 $0 $0
Dean Velzke (Trustee) $0 $0 $0
Brandon Wayne (Trustee) $0 $0 $0
Bob Wottreng (Trustee) $0 $0 $0
Thomas Dufresne (President) $0 $0 $0
Andy Michaletz (Secretary Tr) $0 $0 $0
Dave Ramsey (Vice Preside) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,553,980
Expenses
$501,399
Net Income
$1,052,581
Net Assets
$9,753,153
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,175,024
75.6%
Program Services $0
Investment Income $259,957
16.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $118,999
7.7%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $34,898
7.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $10,156,678
Total Liabilities $403,525
Net Assets $9,753,153
Compensation
Key Employees and Officers Compensation Related Other
Laura Resler (Executive Se) $22,880 $0 $0
Angela Gonzales (Executive Se) $12,018 $0 $0
William Beer (Trustee) $0 $0 $0
Brian Bunkers (Trustee) $0 $0 $0
Gregg Draeger (Trustee) $0 $0 $0
David Einhaus (Trustee) $0 $0 $0
Todd Hale (Trustee) $0 $0 $0
Bob Heers (Trustee) $0 $0 $0
Michael Jensen (Trustee) $0 $0 $0
Jay Johnson (Trustee) $0 $0 $0
Chadwick Lange (Trustee) $0 $0 $0
Betsey Lindgren (Trustee) $0 $0 $0
Andy Michaletz (Trustee) $0 $0 $0
Jolayne Mohs (Trustee) $0 $0 $0
Carol G Nelson (Trustee) $0 $0 $0
Peng Olson (Tristee) $0 $0 $0
Judy Plemel (Trustee) $0 $0 $0
Dennis Von Ruden (Trustee) $0 $0 $0
David Seykora (Trustee) $0 $0 $0
Dean Velzke (Trustee) $0 $0 $0
Brandon Wayne (Trustee) $0 $0 $0
Sharon West (Trustee) $0 $0 $0
Bob Wottreng (Trustee) $0 $0 $0
Thomas Dufresne (President) $0 $0 $0
Dave Ramsey (Vice Preside) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,519,222
Expenses
$574,555
Net Income
$944,667
Net Assets
$8,058,189
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,055,185
69.5%
Program Services $0
Investment Income $140,107
9.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $323,930
21.3%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $30,082
5.2%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $8,457,831
Total Liabilities $399,642
Net Assets $8,058,189
Compensation
Key Employees and Officers Compensation Related Other
Laura Resler (Executive Se) $30,082 $0 $0
William Beer (Trustee) $0 $0 $0
Brian Bunkers (Trustee) $0 $0 $0
Gerald Deetz (Trustee) $0 $0 $0
Gregg Draeger (Trustee) $0 $0 $0
David Einhaus (Trustee) $0 $0 $0
Dale Gandrud (Trustee) $0 $0 $0
Todd Hale (Trustee) $0 $0 $0
Bob Heers (Trustee) $0 $0 $0
Charles Herrmann (Trustee) $0 $0 $0
Michael Jensen (Trustee) $0 $0 $0
Jay Johnson (Trustee) $0 $0 $0
Kent Kienholz (Trustee) $0 $0 $0
Chadwick Lange (Trustee) $0 $0 $0
Betsy Lindgren (Trustee) $0 $0 $0
Timothy Mcmanimon (Trustee) $0 $0 $0
Corey Mensink (Trustee) $0 $0 $0
Gene Michaelson (Trustee) $0 $0 $0
Andy Michaletz (Trustee) $0 $0 $0
Monte Mitchell (Trustee) $0 $0 $0
Jolayne Mohs (Trustee) $0 $0 $0
Carol G Nelson (Trustee) $0 $0 $0
Judy Plemel (Trustee) $0 $0 $0
Dave Ramsey (Trustee) $0 $0 $0
Dennis Von Ruden (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$803,624
Expenses
$281,220
Net Income
$522,404
Net Assets
$6,999,456
Notable Sources of Revenue Percent of Total Revenue
Contributions $406,670
50.6%
Program Services $0
Investment Income $177,275
22.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $219,679
27.3%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $25,852
9.2%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $7,172,801
Total Liabilities $173,345
Net Assets $6,999,456

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$802,506
Expenses
$294,788
Net Income
$507,718
Net Assets
$5,861,718
Notable Sources of Revenue Percent of Total Revenue
Contributions $615,105
76.6%
Program Services $0
Investment Income $136,637
17.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $50,764
6.3%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $27,841
9.4%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $5,929,647
Total Liabilities $67,929
Net Assets $5,861,718

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$663,646
Expenses
$241,966
Net Income
$421,680
Net Assets
$5,878,175
Notable Sources of Revenue Percent of Total Revenue
Contributions $462,782
69.7%
Program Services $0
Investment Income $124,001
18.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $76,863
11.6%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $28,719
11.9%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $5,931,096
Total Liabilities $52,921
Net Assets $5,878,175

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$359,115
Expenses
$286,857
Net Income
$72,258
Net Assets
$4,947,462
Notable Sources of Revenue Percent of Total Revenue
Contributions $276,205
76.9%
Program Services $0
Investment Income $112,772
31.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$29,862
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $27,013
9.4%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $5,038,420
Total Liabilities $90,958
Net Assets $4,947,462

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$545,461
Expenses
$268,359
Net Income
$277,102
Net Assets
$4,541,362
Notable Sources of Revenue Percent of Total Revenue
Contributions $499,599
91.6%
Program Services $0
Investment Income $125,200
23.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$79,338
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $24,103
9.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,725,895
Total Liabilities $184,533
Net Assets $4,541,362

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$665,328
Expenses
$249,009
Net Income
$416,319
Net Assets
$4,528,684
Notable Sources of Revenue Percent of Total Revenue
Contributions $511,438
76.9%
Program Services $125,319
18.8%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $28,571
4.3%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $28,891
11.6%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,531,451
Total Liabilities $2,767
Net Assets $4,528,684

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$794,599
Expenses
$286,877
Net Income
$507,722
Net Assets
$4,156,646
Notable Sources of Revenue Percent of Total Revenue
Contributions $475,826
59.9%
Program Services $0
Investment Income $102,986
13.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $215,787
27.2%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $18,588
6.5%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,157,173
Total Liabilities $527
Net Assets $4,156,646

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$359,177
Expenses
$468,545
Net Income
-$109,368
Net Assets
$3,570,746
Notable Sources of Revenue Percent of Total Revenue
Contributions $192,228
53.5%
Program Services $0
Investment Income $118,102
32.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $48,847
13.6%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $14,400
3.1%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $3,570,746
Total Liabilities $0
Net Assets $3,570,746

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$510,240
Expenses
$1,635,394
Net Income
-$1,125,154
Net Assets
$3,460,187
Notable Sources of Revenue Percent of Total Revenue
Contributions $105,011
20.6%
Program Services $0
Investment Income $120,697
23.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $284,532
55.8%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $15,600
1.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $3,460,187
Total Liabilities $0
Net Assets $3,460,187

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

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$21,284
Expenses
$1,035,528
Net Income
-$1,014,244
Net Assets
$4,682,641
Notable Sources of Revenue Percent of Total Revenue
Contributions $66,494
> 100%
Program Services $0
Investment Income $193,177
> 100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$238,387
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $14,400
1.4%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,682,641
Total Liabilities $0
Net Assets $4,682,641

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.
2006

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

Fiscal Year Ending Dec.
2003

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.
2002

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.
2001

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

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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  • 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.
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  • 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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