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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 Schad Inc.

Schad Inc.

Fiscal year ending 2020. Filed on November 11, 2020.

311 N Cedar
Owatonna, Minnesota 55060

Schad Inc. (EIN: 23-7221931) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2020 IRS Form 990 filing, Schad Inc., a 501(c)(4) civic league or social welfare organization, reported compensation for 5 employees. Among the employees shown here, the average compensation is $0.

Revenue, expenses, and employee compensation

Revenue

$789,873

Expenses

$560,175

Employee compensation

$38,041
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Allen Arnold
President
$0
Jim Schafer
Vice President
$0
Bonnie Nguyen
Secretary
$0
Judy Peterson
Treasurer
$0
Dan Appel
Managing Agent
$0

Benchmark Employee Compensation

Non-Employee Board Members

Colleen Adams
Director
Dave and Kathy Chatelaine
Director
Dean Jirousek
Director
Greg Evans
Director
Joel Eaton
Director
Linda and Gary Sigler
Director
Linda Jensen
Director
Norm and Vodi Balek
Director
Pat and Dan Kenow
Director
Sandra Walton
Director

Mission Statement

TO PROVIDE HOUSING FOR CERTAIN DEFINED CLASSES OF PERSONS, INCLUDING THE ELDERLY AND HANDICAPPED, UNDER SECTION 8 OF THE NATIONAL HOUSING ACT.

Revisions to this organization profile

October 14, 2025:
2025 Schad Inc. 990 filed
October 25, 2024:
2024 Schad Inc. 990 filed
February 21, 2024:
2023 Schad Inc. 990 filed

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