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Nonprofiteer
← GRAND ITASCA FOUNDATION

Form 990 for tax year 2024

Filed by GRAND ITASCA FOUNDATION.

Totals

Total revenue
$272,620
Total expenses
$347,207
Contributions and grants received
$129,978
Grants paid
$336,935
Program services expenses (Part IX)
$336,935
Management and general expenses
$10,272
Fundraising expenses
$0
Program service expenses (Part III)
$336,935

Program services were 97.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • Elizabeth Miskovich

    Co-Chair

    Total calculated
    $0
    Hours/week
    1
  • Rose Villenueve GNP

    Co-Chair

    Total calculated
    $294,799
    From this org
    $0
    From related orgs
    $250,826
    Other
    $43,973
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $191,209 related
    Bonus
    $0 + $54,094 related
    Other
    $0 + $5,523 related
    Deferred
    $0 + $13,656 related
    Nontaxable benefits
    $0 + $30,317 related
    Filer's total
    $0 + $294,799 related
  • Bryan Sergot

    Director

    Total calculated
    $0
    Hours/week
    1
  • Crystal Burggraf

    Director, new 1-2024

    Total calculated
    $0
    Hours/week
    1
  • Dajana Condos DC

    Director

    Total calculated
    $0
    Hours/week
    1
  • Katie Troumbly RN

    Secretary

    Total calculated
    $153,287
    From this org
    $0
    From related orgs
    $142,493
    Other
    $10,794
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $134,201 related
    Bonus
    $0 + $7,588 related
    Other
    $0 + $704 related
    Deferred
    $0 + $8,495 related
    Nontaxable benefits
    $0 + $2,299 related
    Filer's total
    $0 + $153,287 related
  • Kim Morse

    Director, new 1-2024

    Total calculated
    $103,237
    From this org
    $0
    From related orgs
    $96,324
    Other
    $6,913
    Hours/week
    1 + 40 related
  • Mike Aultman

    Director

    Total calculated
    $0
    Hours/week
    1
  • Mike Johnson

    Director

    Total calculated
    $0
    Hours/week
    1
  • Nick Rothstein

    Treasurer

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Scott Gerling MD

    Director

    Total calculated
    $0
    Hours/week
    1
  • Shane Skelly

    Director

    Total calculated
    $0
    Hours/week
    1
  • Spencer Buchert DDS

    Director

    Total calculated
    $0
    Hours/week
    1
  • Wendy Roy

    Director

    Total calculated
    $0
    Hours/week
    1
  • Brianne Wagner

    Foundation Director

    Total calculated
    $186,386
    From this org
    $0
    From related orgs
    $145,047
    Other
    $41,339
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $130,497 related
    Bonus
    $0 + $13,838 related
    Other
    $0 + $712 related
    Deferred
    $0 + $9,213 related
    Nontaxable benefits
    $0 + $32,126 related
    Filer's total
    $0 + $186,386 related
  • Jean MacDonell

    Ex-Officio

    Total calculated
    $658,456
    From this org
    $0
    From related orgs
    $568,690
    Other
    $89,766
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $411,164 related
    Bonus
    $0 + $126,585 related
    Other
    $0 + $30,941 related
    Deferred
    $0 + $88,249 related
    Nontaxable benefits
    $0 + $1,517 related
    Filer's total
    $0 + $658,456 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 4b · Supplemental nonqualified retirement plan
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan
THE FOLLOWING INDIVIDUALS PARTICIPATED IN A NONQUALIFIED RETIREMENT PLAN: JEAN MACDONELL DUE TO A VESTING EVENT, THE FOLLOWING INDIVIDUALS HAD INCOME IN PART VII AND SCHEDULE J RELATED TO A NONQUALIFIED RETIREMENT PLAN: JEAN MACDONELL $29,940
Schedule J, Part I, Line 7 Non-fixed payments
FAIRVIEW HEALTH SERVICES PROVIDES LUMP SUM FINANCIAL AWARDS BASED ON SYSTEM-WIDE, BUSINESS UNIT AND/OR DEPARTMENTS FINANCIAL AND QUALITY MEASURES. ANNUAL GOALS, SPECIFICALLY TIED TO PRODUCTIVITY AND QUALITY INDICATORS, ARE SET FOR THE YEAR AND AN INCENTIVE PAID OUT ANNUALLY IF KEY GOALS AND MEASURES ARE ACHIEVED. THE NON-QUALIFIED PLAN (THE PLAN) IS ONLY OPEN TO A SELECT GROUP OF HIGHLY COMPENSATED EMPLOYEES. THE PLAN CONTRIBUTES THE DIFFERENCE OF WHAT 403(B) EMPLOYER CONTRIBUTIONS WERE MISSED FOR PARTICIPANTS WHO EARN MORE THAN THE IRS LIMIT ON ELIGIBLE COMPENSATION FOR QUALITIED RETIREMENT PLANS. PARTICIPANTS MAY NOT ELECT TO DEFER COMPENSATION. CONTRIBUTIONS WILL BE MADE IN THE FORM OF A CREDIT TO THE PARTICIPANT'S ACCOUNT, WITHIN 60 DAYS AFTER A PARTICIPANT BECOMES VESTED IN A CONTRIBUTION. THE PLAN SHALL PAY TO THE PARTICIPANT AN AMOUNT EQUAL TO THE AMOUNT THE PARTICIPANT IS REQUIRED TO PAY FEDERAL, STATE, LOCAL AND FOREIGN INCOME TAXES AND EMPLOYMENT TAXES DUE TO THE VESTING. THE REMAINING AMOUNT IN THE PARTICIPANT'S ACCOUNT SHALL NOT BE PAID UNTIL THE SEPARATION FROM SERVICES PAYMENT DATE. A PARTICIPANT'S ACCOUNT SHALL BE DISTRIBUTED IN CASH. THE PLAN COMPLIES WITH SECTION 457(F) OF THE IRS CODE.
Schedule J, Part I, Line 3 Related Org to establish compensation
THE ORGANIZATION IS PART OF THE FAIRVIEW HEALTH SERVICES SYSTEM AND FAIRVIEW HEALTH SERVICES HUMAN RESOURCES USES COMPARABLES TO ESTABLISH COMPENSATION FOR THE CEO/EXECUTIVE DIRECTOR ACCORDING TO MARKET STANDARDS.
Schedule J, Part I, Line 4b Other Additional Information
The non-qualified plan (the plan) is only open to a select group of highly compensated employees. The plan contributes the difference of what 403(b) employer contributions were missed for participants who earn more than the IRS limit on eligible compensation for qualitied retirement plans. Participants may not elect to defer compensation. Contributions will be made in the form of a credit to the participant's account, within 60 days after a participant becomes vested in a contribution. The plan shall pay to the participant an amount equal to the amount the participant is required to pay federal, state, local and foreign income taxes and employment taxes due to the vesting. The remaining amount in the participant's account shall not be paid until the separation from services payment date. A participant's account shall be distributed in cash. The plan complies with Section 457(f) of the IRS code.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
7 November 2025
IRS schema version
2024v5.1
Source object
202523119349303557

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