Banyan Investment Corporation

  • Minneapolis, MN
  • Tax exemption issued: March 2016
  • EIN: 47-5245046

Organization summary

Organization summary might be incomplete or out of date

This organization is not listed in the IRS's most recent list of tax exempt organizations, but we have data associated with this Employer Identification Number.

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: Philanthropy, Voluntarism and Grantmaking Foundations / Single Organization Support (NTEE)

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. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Organizations with gross receipts of less than $50,000 can file the form 990-N postcard filing, which doesn’t include financial details. All Form 990 data is from the IRS.

Fiscal Year Ending March
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$579
Expenses
$1,039,728
Net Income
-$1,039,149
Net Assets
$0
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $579
100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $0
Total Liabilities $0
Net Assets $0
Compensation
Key Employees and Officers Compensation Related Other
Greg Good (Chair) $0 $0 $0
Kyle Didier (Treasurer/secretary) $0 $0 $0
Carl Schlueter (President) $0 $0 $0

Document Links

990
Filed on Feb. 13, 2024

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$51,231
Expenses
$4,750,848
Net Income
-$4,699,617
Net Assets
$1,036,069
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $51,231
100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,036,069
Total Liabilities $0
Net Assets $1,036,069
Compensation
Key Employees and Officers Compensation Related Other
Greg Good (Chair) $0 $0 $0
Kyle Didier (Treasurer/secretary) $0 $0 $0
Carl Schlueter (President) $0 $78,902 $1,523
Dan Olthoff (Interim President) $0 $77,520 $2,326
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Document Links

990
Filed on May 1, 2023

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$53,191
Expenses
$4,990
Net Income
$48,201
Net Assets
$5,782,625
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $53,191
100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $5,782,625
Total Liabilities $0
Net Assets $5,782,625
Compensation
Key Employees and Officers Compensation Related Other
Greg Good (Chair) $0 $0 $0
Kyle Didier (Treasurer/secretary) $0 $0 $0
Joani Essenburg (President - Former) $0 $101,018 $3,031
Dan Olthoff (President) $0 $81,775 $2,453
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Document Links

990
Filed on July 6, 2022

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$51,140
Expenses
$48,214
Net Income
$2,926
Net Assets
$5,711,986
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $51,140
100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $5,711,986
Total Liabilities $0
Net Assets $5,711,986
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Greg Good (Director/cha) $0 $0 $0
Kyle Didier (Director/sec) $0 $0 $0
Joani Essenburg (President) $0 $100,282 $3,008

Document Links

990
Filed on April 23, 2021

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

View Filing
XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$52,785
Expenses
$137,247
Net Income
-$84,462
Net Assets
$5,686,656
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $52,785
100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $5,686,656
Total Liabilities $0
Net Assets $5,686,656
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Joani Essenburg (President) $0 $96,099 $3,844
Kyle Didier (Director/sec) $0 $0 $0
Greg Good (Director/cha) $0 $0 $0

Document Links

990
Filed on April 28, 2020

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$50,524
Expenses
$123,590
Net Income
-$73,066
Net Assets
$5,746,790
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $50,524
100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $5,746,790
Total Liabilities $0
Net Assets $5,746,790
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Joani Essenburg (President) $0 $92,439 $2,841
Greg Good (Director/cha) $0 $0 $0
Kyle Didier (Director/sec) $0 $0 $0

Document Links

990
Filed on April 30, 2019

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$545,557
Expenses
$25,188
Net Income
$520,369
Net Assets
$5,829,419
Notable Sources of Revenue Percent of Total Revenue
Contributions $481,932
88.3%
Program Services $0
Investment Income $49,982
9.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $5,511
1.0%
Net Inventory Sales $0
Other Revenue $8,132
1.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $5,980,086
Total Liabilities $150,667
Net Assets $5,829,419
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Joani Essenburg (President) $0 $88,037 $3,679
Greg Good (Director/cha) $0 $0 $0
Rich Peacha (Director/sec) $0 $0 $0

Document Links

990
Filed on April 30, 2018

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$411,035
Expenses
$10,000
Net Income
$401,035
Net Assets
$5,292,962
Notable Sources of Revenue Percent of Total Revenue
Contributions $362,341
88.2%
Program Services $0
Investment Income $48,694
11.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $5,644,629
Total Liabilities $351,667
Net Assets $5,292,962
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Joani Essenburg (President) $0 $80,034 $1,440
Greg Good (Director/cha) $0 $0 $0
Rich Peacha (Director/sec) $0 $0 $0

Document Links

990
Filed on May 1, 2017

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,885,205
Expenses
$2,491
Net Income
$4,882,714
Net Assets
$4,882,714
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,881,137
99.9%
Program Services $0
Investment Income $4,068
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $5,384,381
Total Liabilities $501,667
Net Assets $4,882,714
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Joani Essenburg (President) $0 $54,370 $1,440
Greg Good (Director/cha) $0 $0 $0
Rich Peacha (Director/sec) $0 $0 $0

Document Links

990
Filed on May 10, 2016

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

View Filing
PDF XML

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 financial information from tax returns processed by the IRS since the 2012 calendar years, as well as data extracted from digital filings. IRS summary data also includes limited 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 for 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?

Most organizations that have been recognized as tax exempt by the IRS have to file the 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 the 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," which does not contain financial details. Churches are not required to file Form 990.

Nonprofit Explorer has organizations that are claiming tax exemption in any of the 27 subsections of the 501(c) section of the tax code. Taxable trusts and private foundations that are required to file a form 990PF are also included.

Types of Nonprofits

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

Get the Data

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

  • Raw filing data. Includes Employer Identification Numbers and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica.
  • 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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Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

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