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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Philanthropy, Voluntarism & Grantmaking Howard Rasmussen Charitable Trust Dated January 1 2023

Howard Rasmussen Charitable Trust Dated January 1 2023

Fiscal year ending 2024. Filed on September 19, 2025.

8 West Main St
PO Box 100
Madelia, Minnesota 56062

Howard Rasmussen Charitable Trust Dated January 1 2023 (EIN: 93-4718893) has filed an IRS Form 990 since fiscal year 2023. In its fiscal year 2024 IRS Form 990 filing, Howard Rasmussen Charitable Trust Dated January 1 2023, a 501(c)(3) charitable organization, reported compensation for 3 employees. Among the employees shown here, the average compensation is $2,667. The highest compensated employee at Howard Rasmussen Charitable Trust Dated January 1 2023 is Richard C Kelsey with fiscal year 2024 compensation of $5,000.

Revenue, expenses, and employee compensation

Revenue

$141,242

Expenses

$186,544

Employee compensation

—
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Richard C Kelsey
Trustee
$5,000
$5,000 No related compNo other comp
Allen O Klinkner
Trustee
$1,500
$1,500 No related compNo other comp
Steven J Sorenson
Trustee
$1,500
$1,500 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

No board members were reported during this fiscal year.

Mission Statement

THE TRUST WAS CREATED AND IT IS INTENDED THAT IT WILL BE OPERATED EXCLUSIVELY FOR THE CHARITABLE PURPOSES AS SET FORTH IN THE INTERNAL REVENUE CODE. THE TRUST SHALL MAKE GRANTS, OR OTHERWISE ACCOMPLISH ITS CHARITABLE PURPOSES, BY DISTRIBUTING THE NET INCOME OF THE TRUST PROPERTY TO CHARITABLE ORGANIZATIONS IN THE MADELIA AND LAKE CRYSTAL, MINNESOTA GEOGRAPHIC AREA.

Revisions to this organization profile

September 19, 2025:
2024 Howard Rasmussen Charitable Trust Dated January 1 2023 990 filed
October 1, 2024:
2023 Howard Rasmussen Charitable Trust Dated January 1 2023 990 filed

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