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Glen Helgeson Foundation

Minneapolis, MN. EIN 46-4350306. Reported $209,504 of revenue for 2025 on its Form 990-PF.

The IRS record

Registered name
GLEN HELGESON FOUNDATION
As the IRS records it, which is how it appears in their own search.
Employer Identification Number
46-4350306
The identifier the IRS uses for this organization.
Recognized under
501(c)(3) — charitable, religious, educational, scientific
The subsection of the code its exemption was granted under.
Recognized in
2014
The year of the IRS ruling.
Classification
Public and Societal Benefit
NTEE code W99, assigned at registration.
Gifts to it
Contributions are deductible
Whether the IRS treats a contribution to this organization as deductible.
Legal form
Corporation
How the organization is constituted, as recorded at registration.
Location of record
Minneapolis, MN
The address the IRS holds, not necessarily where it operates.
Most recent filing
Form 990-PF
For tax year 2025, amended.

What it reported for 2025

$209.5 thousand
Total revenue
$209,504
Contributions, grants, program service revenue and investment income.
$281.2 thousand
Total expenses
$281,248
As reported on the return.
$2.4 million
Total assets, book value
$2,419,581
At the end of the year, at what the organization paid for them.
$3.7 million
Total assets, fair market value
$3,714,969
What they are worth now. Only a Form 990-PF reports this.
3
People listed
Officers, directors, trustees, key employees and highest-paid employees.
$12.0 thousand
Largest reported compensation
$12,000
Reported for Glen Helgeson.

A private foundation reports its assets twice. Book value is what it paid for them; fair market value is what they are worth now, and it is usually the larger of the two. Rankings on this site use book value, because that is the only measure a Form 990 and a Form 990-EZ also report, which keeps a foundation comparable with the charities beside it.

Glen Helgeson Foundation reported paying Glen Helgeson, Pres & Treas, $12,000 for 2025. That is reportable compensation from the organization, from related organizations, and other compensation, as the organization reported all three. It is not a verified salary and not take-home pay.

This is an amended return: the organization corrected a filing it had already made. Sources still showing the original will disagree with these figures, and neither is a mistake.

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Medica Holding Company$156,385,778
District Energy ST Paul Inc$58,242,371
Topline Federal Credit Union$55,551,236
Mille Lacs Energy Cooperative$32,345,600
Midwest Reliability Organization Inc$24,614,344

This organization elsewhere

More in Minnesota and under Public and Societal Benefit. All organizations: nonprofits.

What this page cannot show

  • Everything here is what the organization told the IRS about itself. The IRS publishes returns as filed and does not audit them first.
  • The figures describe the most recent year on record, which is usually one to two years behind, and not the organization’s current position.
  • Nothing here says whether the organization does its work well, or how it spends what it raises beyond the totals on the form.

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Sources

Data retrieved