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Minnesota Power Foundation

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: Philanthropy, Voluntarism and Grantmaking Foundations / Corporate Foundations (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$791k (2023)

Expenses
$813k (2023)

Total Assets
$930k (2023)

Total Liabilities
$322k (2023)

Years with missing data
Source: Form 990 tax filings from 2011 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-PF
Revenue
$790,757
Expenses
$812,713
Net Income
-$21,956
Net Assets
$608,458
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $750,000
94.8%
Interest Revenue $40,757
5.2%
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $811,129
99.8%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $930,458
Total Liabilities $322,000
Net Assets $608,458
Compensation
Key Employees and Officers Compensation Other
Bethany Owen (President) $0 $0
Jeffrey Scissons (Treasurer) $0 $0
Aimee Curtis (Secretary) $0 $0
Gary Wheelock (Director) $0 $0
Mike Perala (Director) $0 $0
Melissa Weglarz (Director) $0 $0
John Muehlbauer (Director) $0 $0
Frank Frederickson (Director) $0 $0
Jodi Piekarski (Director) $0 $0
Eric Clement (Director) $0 $0
Lori Hoyum (Director) $0 $0
Michael Conradi (Director) $0 $0
Kristopher Buran (Director) $0 $0
Kelly Desormey (Vice President) $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$758,507
Expenses
$594,784
Net Income
$163,723
Net Assets
$432,869
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $750,000
98.9%
Interest Revenue $8,507
1.1%
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $594,569
100.0%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $952,414
Total Liabilities $519,545
Net Assets $432,869
Compensation
Key Employees and Officers Compensation Other
Bethany Owen (President) $0 $0
Jeffrey Scissons (Treasurer) $0 $0
Aimee Curtis (Secretary) $0 $0
Kelly Desormey (Director) $0 $0
Gary Wheelock (Director) $0 $0
Mike Perala (Director) $0 $0
Melissa Weglarz (Director) $0 $0
Frank Frederickson (Director) $0 $0
John Muehlbauer (Director) $0 $0
Jodi Piekarski (Director) $0 $0
Lori Hoyum (Director) $0 $0
Eric Clement (Director) $0 $0
Michael Conradi (Director) $0 $0
Kristopher Braun (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$500,049
Expenses
$631,297
Net Income
-$131,248
Net Assets
$453,146
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $500,000
100.0%
Interest Revenue $49
0.0%
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $630,839
99.9%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $788,691
Total Liabilities $335,545
Net Assets $453,146
Compensation
Key Employees and Officers Compensation Other
Bethany Owen (President) $0 $0
Jeffrey Scissons (Treasurer) $0 $0
Aimee Curtis (Secretary) $0 $0
Kelly Desormey (Director) $0 $0
Gary Wheelock (Director) $0 $0
Mike Perala (Director) $0 $0
Todd Simmons (Director) $0 $0
Melissa Weglarz (Director) $0 $0
Frank Frederickson (Director) $0 $0
John Muehlbauer (Director) $0 $0
Jodi Piekarski (Director) $0 $0
Lori Hoyum (Director) $0 $0
Eric Clement (Director) $0 $0
Travis Tammi (Director) $0 $0
Justin Nelson (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$802,976
Expenses
$527,724
Net Income
$275,252
Net Assets
$696,334
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $800,000
99.6%
Interest Revenue $2,976
0.4%
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $527,490
100.0%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $919,939
Total Liabilities $223,605
Net Assets $696,334
Compensation
Key Employees and Officers Compensation Other
Al Hodnik (President) $0 $0
Bethany Owen (Vice President) $0 $0
Jeffrey Scissons (Treasurer) $0 $0
Aimee Curtis (Secretary) $0 $0
Kelly Desormey (Director) $0 $0
Gary Wheelock (Director) $0 $0
Mike Perala (Director) $0 $0
Todd Simmons (Director) $0 $0
Melissa Weglarz (Director) $0 $0
Nancy Norr (Director) $0 $0
John Muehlbauer (Director) $0 $0
Laura Schauer (Director) $0 $0
Lori Hoyum (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$512,073
Expenses
$572,861
Net Income
-$60,788
Net Assets
$282,387
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $500,000
97.6%
Interest Revenue $12,073
2.4%
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $572,613
100.0%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $644,687
Total Liabilities $362,300
Net Assets $282,387
Compensation
Key Employees and Officers Compensation Other
Al Hodnik (President) $0 $0
Bethany Owen (Vice President) $0 $0
Jeffrey Scissons (Treasurer) $0 $0
Aimee Curtis (Secretary) $0 $0
Kelly Desormey (Director) $0 $0
Gary Wheelock (Director) $0 $0
Mike Perala (Director) $0 $0
Todd Simmons (Director) $0 $0
Melissa Weglarz (Director) $0 $0
Nancy Norr (Director) $0 $0
John Muehlbauer (Director) $0 $0
Laura Schauer (Director) $0 $0
Jerry Frederick (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2018

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.
2017

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.
2016

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.
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,075,799
Expenses
$757,016
Net Income
$318,783
Net Assets
$1,006,339
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $1,075,000
99.9%
Interest Revenue $799
0.1%
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $756,234
99.9%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,321,339
Total Liabilities $315,000
Net Assets $1,006,339

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,530,443
Expenses
$988,188
Net Income
$542,255
Net Assets
$495,306
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $1,530,000
100.0%
Interest Revenue $443
0.0%
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $987,516
99.9%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,002,556
Total Liabilities $507,250
Net Assets $495,306

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$852
Expenses
$779,032
Net Income
-$778,180
Net Assets
-$55,199
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $852
100%
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $778,483
99.9%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $460,301
Total Liabilities $515,500
Net Assets -$55,199

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$752,100
Expenses
$1,008,111
Net Income
-$256,011
Net Assets
$795,581
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $750,000
99.7%
Interest Revenue $2,100
0.3%
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,007,367
99.9%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,238,481
Total Liabilities $442,900
Net Assets $795,581

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,001,885
Expenses
$1,098,158
Net Income
-$96,273
Net Assets
$1,054,492
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $1,000,000
99.8%
Interest Revenue $1,885
0.2%
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,097,613
100.0%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,494,492
Total Liabilities $440,000
Net Assets $1,054,492

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.
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

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 »

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 EINs 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. 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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