Lincoln Area Business Association
The association markets the local community to potential new businesses and to bring in tourists.
Lincoln Area Business Association at a glance
In short: Lincoln Area Business Association reported $2K in grants paid in 2026 (a total; its filing lists no individual grants). Source: 2026 IRS Form 990.
- Grants paid (2026)
- $1,539 — reported as a total on the IRS filing, without an itemized list
- -58.4% vs 2025
- Total assets
- $83,176
- +48.7% vs 2025
- Revenue (2026)
- $38,091
- -340.7% vs 2025
- Net investment income (2026)
- $250
- +9.2% vs 2025
- Expenses (2026)
- $8,416
- +2.3% vs 2025
- Latest 990 filing
- Form 990, 2026 View filing
Data from IRS Form 990, 2026; updated November 2026.
Who Lincoln Area Business Association funds
How this funder distributes its grants
Grant Size Distribution
2 grants across all recorded years
The most common grant size was under $50K: 2 grants of 2 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2026, annual grant giving ranged from $2K (2026) to $50K (2021). In 2026 it reported $2K in grants paid, as a total without an itemized list.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Scandia Valley Township Cushing, MN | — | $20,000 |
| Scandia Valley First Response Cushing, MN | — | $14,586 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2026 | $83,176 | $38,091 | $8,416 | $1,539 | Total only | $250 |
| 2025 | $55,929 | $-15,822 | $8,224 | $3,700 | Total only | $229 |
| 2024 | $79,609 | $22,316 | $13,313 | $5,000 | Total only | $220 |
| 2023 | $71,535 | $-17,507 | $9,256 | $2,675 | Total only | $81 |
| 2022 | $99,110 | $22,339 | $8,835 | $34,586 | 2 | $32 |
| 2021 | $84,327 | $-10,293 | $1,720 | $50,000 | 1 | $29 |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
About Lincoln Area Business Association
Based on IRS filings
Lincoln Area Business Association is a public charity, based in Cushing, MN. IRS filing data is available from 2021 through 2026. As of 2026, the organization holds $83K in total assets. In 2026, it reported $2K in grants paid as a total on its IRS filing, without an itemized list. Net investment income was $250.
Leadership & Key People
Officers and directors from IRS filings
Lincoln Area Business Association is led by Angie Petersen, President on every filing since 2025; none of the 6 officers listed in 2026 report compensation.
Officers on the 2026 filing
Angie Petersen
President
On filings since 2025
1 hr/week
No compensation reported
Connie Zetah
Director
On filings since 2025
1 hr/week
No compensation reported
Kellie Spencer
Director
On filings since 2025
1 hr/week
No compensation reported
Cindy Brey
Secretary
On filings since 2021
1 hr/week
$1K (2021) → $0 (2026)
Todd Krajsa
Vice President
Treasurer → Vice President, 2025
On filings since 2021
1 hr/week
No compensation reported
Kathy Kobliska
Treasurer
On filings since 2025
1 hr/week
No compensation reported
Former officers (3)
- Former: April Powell (2025) — Director
- Former: Herb Bloomquist (2021–2024) — President
- Former: Peg Hartung (2021–2024) — Vice President
Data from IRS Form 990 filings, 2021–2026. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $3K, to Cindy Brey (Secretary).
Frequently asked questions about Lincoln Area Business Association
How much does Lincoln Area Business Association give each year?
Lincoln Area Business Association reported $2K in grants paid in 2026 on its 2026 IRS Form 990, as a total without an itemized list of grants. In 2025 it reported $4K in grants paid.
How large is Lincoln Area Business Association?
Lincoln Area Business Association reported $83K in total assets on its 2026 IRS Form 990. Its revenue that year was $38K.
Where does Lincoln Area Business Association operate?
Lincoln Area Business Association has awarded grants in Minnesota.
What is Lincoln Area Business Association's EIN?
Lincoln Area Business Association's EIN (Employer Identification Number) is 41-1535892. IRS Form 990 filing data is available on this page for 2021–2026.
Data last updated November 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2021 (received by the IRS November 17, 2021)
- Updated Form 990 for fiscal year 2022 (received by the IRS December 2, 2022)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 22, 2023)
- Updated Form 990 for fiscal year 2024 (received by the IRS August 16, 2024)
- Updated Form 990 for fiscal year 2025 (received by the IRS November 20, 2025)
- Added Form 990 for fiscal year 2026 (received by the IRS September 10, 2026)
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