Osakis Economic Development Corporation

Grantmaker Osakis, MN EIN: 41-1474752

The organization conducts activities to promote community economic development.

Key facts about Osakis Economic Development Corporation

EIN
41-1474752
Latest 990 filing
Form 990 filing, 2020
Total assets
$22,670

Data from IRS Form 990 filing, 2020; updated September 2026.

Financial Overview

From 2020 IRS Form 990 filing · View filing

Total Assets

$23K

-47.4% YoY

Revenue

$-18,332

-266.3% YoY

Net Investment Income

$17

-52.8% YoY

Expenses

$1K

-47.6% YoY

About Osakis Economic Development Corporation

Based on IRS filings

Osakis Economic Development Corporation is a nonprofit organization, based in Osakis, MN. IRS filing data is available from 2019 through 2020. As of 2020, the organization holds $23K in total assets. Net investment income was $17.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

Osakis

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K1 grants20190 grants2020

In 2019 it made 1 grant totaling $43K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

1 grants across all recorded years

1<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 1 grant of 1 (100%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2020.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$5K$10K$15K20192020
Metric20202019
Total Assets$22,670$43,125
Revenue$-18,332$11,024
Expenses$1,421$2,713
Qualifying Distributions——
Net Investment Income$17$36
Distributable Amount——

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2019–2020

Leadership & Key People

Officers and directors from IRS filings

Osakis Economic Development Corporation is led by Becky Hensley, President on every filing since 2019; none of the 7 officers listed in 2020 report compensation.

Officers on the 2020 filing

  • Becky Hensley

    President

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Greg Weiler

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Lillian Ortendahl

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Shad Schmidt

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Greta Koch

    Treasurer

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Nichol Nessman

    Secretary

    On filings since 2019

    1 hr/week

    No compensation reported

  • Rodger Larson

    Vice President

    On filings since 2019

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2019–2020. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Osakis Economic Development Corporation

How large is Osakis Economic Development Corporation?

Osakis Economic Development Corporation reported $23K in total assets on its 2020 IRS Form 990 filing.

Where does Osakis Economic Development Corporation operate?

Osakis Economic Development Corporation has awarded grants in Minnesota.

What is Osakis Economic Development Corporation's EIN?

Osakis Economic Development Corporation's EIN (Employer Identification Number) is 41-1474752. IRS Form 990 filing data is available on this page for 2019–2020.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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