Public Charity

WELLS MEMORIAL INC

WELLS MEMORIAL INC, of MINNEAPOLIS, MN, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $156K in revenue, $154K in expenses, $2.0M in total assets. 7 publicly reported grants to this organization, totaling roughly $115K, appear in IRS filings.

EIN: 410694711 MINNEAPOLIS, MN Latest filing: 2025
Total Revenue$156K
Total Expenses$154K
Total Assets$2.0M
Grant Records7
Funding Total$115K
Filing Years2021–2025

Mission

THE WELLS FOUNDATION PROVIDES SOCIAL SERVICE GRANTS TO NONPROFITS PRIMARILY IN THE AREA OF HOMELESSNESS, VETERANS AND YOUTH.

Officers & Directors

SECRETARY THRU 12/31/24 Barbara Knowles Hanson
BOARD MEMBER David Albrecht
BOARD MEMBER David Nickel
SECRETARY STARTING 1/1/25 Harriet Mccleary
TREASURER Jim Arnold
VICE PRESIDENT John Nuechterlein

Officer compensation and complete director data available with membership.

Top Grant Purposes

EDUCATION
$27,156 1 grant
EDUCATION, DONOR-ADVISED, EDUCATION
$25,785 1 grant
PHILANTHROPY
$22,281 1 grant
DONOR-RECOMMENDED, PHILANTHROPY
$21,785 1 grant
THE VETERAN'S CONCERT
$12,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $156K $154K $2.0M
2024 $144K $135K $1.9M
2023 $104K $127K $1.7M
2022 $100K $152K $1.6M
2021 $110K $124K $1.9M

Between 2021 and 2025, reported annual revenue grew from $110K to $156K (+42%), with total assets most recently reported at $2.0M.

Interactive year-over-year charts and full filing details available with membership.

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