PROFESSIONAL STUDENT GOVERNMENT: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- PROFESSIONAL STUDENT GOVERNMENT (EIN 41-1677359)
- Tax period
- 2023-09-01 to 2024-08-31
- Filed
- 2025-03-06
- IRS object ID
- 202520659349301312
- Schema version
- 2023v6.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-03-06T13:53:30-07:00 | ReturnTs |
| Tax Period End | 2024-08-31 | TaxPeriodEndDt |
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-09-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 411677359 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PROFESSIONAL STUDENT GOVERNMENT | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PROF | BusinessNameControlTxt |
| Phone | 2085771812 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 WASHINGTON AVENUE SE 202A | AddressLine1Txt |
| City | MINNEAPOLIS | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55455 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Gabriel Richardson | PersonNm |
| Person Title | Finance Secretary (Treasurer) | PersonTitleTxt |
| Phone | 2085771812 | PhoneNum |
| Signature | 2025-03-05 | SignatureDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
| Tax | 2023 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JACOB BOURGAULT | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 WASHINGTON AVENUE SE 202A | AddressLine1Txt |
| City | Minneapolis | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55455 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $195,627 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | https://sites.google.com/umn.edu/umnpsg/home | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1997 | FormationYr |
| Legal Domicile State | MN | LegalDomicileStateCd |
| Activity Or Mission | PROVIDING LEADERSHIP IN ACADEMIC EXCELLENCE, ADVOCACY, COMMUNITY BUILDING, AND SERVICES FOR AL PROFESSIONAL STUDENTS AT THE UNIVERSITY OF MINNESOTA. | ActivityOrMissionDesc |
| Voting Members Governing Body | 15 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 0 | VotingMembersIndependentCnt |
| Total Employee | 1 | TotalEmployeeCnt |
| Total Volunteers | 40 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $214,210 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $193,302 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,279 | PYInvestmentIncomeAmt |
| CY Investment Income | $2,325 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $215,489 | PYTotalRevenueAmt |
| CY Total Revenue | $195,627 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $129,297 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $184,748 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $37,581 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $46,687 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $16,843 | PYOtherExpensesAmt |
| CY Other Expenses | $10,121 | CYOtherExpensesAmt |
| PY Total Expenses | $183,721 | PYTotalExpensesAmt |
| CY Total Expenses | $241,556 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $31,768 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$45,929 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $163,031 | TotalAssetsBOYAmt |
| Total Assets EOY | $117,568 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $163,031 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $117,568 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | TO ADVOCATE FOR, REPRESENT AND INFORM PROFESSIONAL STUDENTS AT THE UNIVERSITY OF MINNESOTA. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $226,114 | ExpenseAmt |
| Grant | $184,748 | GrantAmt |
| Revenue | $195,743 | RevenueAmt |
| Desc | The Professional Student Government (PSG) is a multilateral organization that acts as a resource for its member councils, a central contact for university administrators, and a crucial nexus of interdisciplinary communication among students. The goals of PSG are to support academic excellence, advocate on behalf of professional students, create an interdisciplinary community, and provide grants to students. Policy items were pursued at various administrative levels. PSG distributes a large portion of its funds as grants, including academic initiative grants, social events grants, professional development grants, and inter-council event grants. Hundreds of grants are distributed to students and organizations annually. | Desc |
| Total Other Prog Srvc Expense | $0 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $0 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $0 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $226,114 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | 0 | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | 0 | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 10 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 1 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 15 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 0 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | Yes (1) | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | 0 | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PSG Secretary of Finance | PersonNm |
| Phone | 2085771812 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 WASHINGTON AVENUE SE 202A | AddressLine1Txt |
| City | MINNEAPOLIS | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55455 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (8 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt |
|---|---|---|---|---|---|---|---|
| Jacob Bourgault | |||||||
| Secretary of Grants, President | 10 | Yes (X) | Yes (X) | $5,200 | $0 | $0 | |
| Gabriel Richardson | |||||||
| President, Secretary of Finance | 10 | Yes (X) | Yes (X) | $5,175 | $0 | $0 | |
| Jessica Egertson | |||||||
| Secretary of Finance | 5 | Yes (X) | Yes (X) | $2,700 | $0 | $0 | |
| Dannah Nephew | |||||||
| Vice President, Secretary of Senate | 4 | Yes (X) | Yes (X) | $1,750 | $0 | $0 | |
| Flora Yang | |||||||
| Secretary of Regents, Vice President | 8 | Yes (X) | Yes (X) | $1,524 | $0 | $0 | |
| Jean Leighton | |||||||
| Secretary of Communications | 6 | Yes (X) | Yes (X) | $1,500 | $0 | $0 | 6 |
| Peter Smith | |||||||
| Secretary of Senate, Secretary of Regents | 4 | Yes (X) | Yes (X) | $900 | $0 | $0 | |
| Rachel Koller | |||||||
| Speaker of Congress | 3 | Yes (X) | Yes (X) | $900 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $19,649 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $0 | AllOtherContributionsAmt |
| Total Contributions | $0 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | STUDENT SERVICE FEES | Desc |
| Business | 611310 | BusinessCd |
| Total Revenue Column | $193,302 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $193,302 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $193,302 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,325 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $2,325 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $0 | SecuritiesAmt |
| Other | $0 | OtherAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $0 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $195,627 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $195,627 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $161,648 | TotalAmt |
| Program Services | $161,648 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,100 | TotalAmt |
| Program Services | $23,100 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,649 | TotalAmt |
| Program Services | $14,737 | ProgramServicesAmt |
| Management And General | $4,912 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,481 | TotalAmt |
| Program Services | $15,361 | ProgramServicesAmt |
| Management And General | $5,120 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,557 | TotalAmt |
| Program Services | $4,918 | ProgramServicesAmt |
| Management And General | $1,639 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $660 | TotalAmt |
| Management And General | $660 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,069 | TotalAmt |
| Management And General | $2,069 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $510 | TotalAmt |
| Management And General | $510 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $532 | TotalAmt |
| Management And General | $532 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| ROM RENTAL FOR EVENTS | $5,100 | $5,100 | $0 | $0 |
| FOOD/CATERING | $1,250 | $1,250 | $0 | $0 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $241,556 | TotalAmt |
| Program Services | $226,114 | ProgramServicesAmt |
| Management And General | $15,442 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $33,781 | BOYAmt |
| EOY | $17,312 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $129,250 | BOYAmt |
| EOY | $100,256 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $163,031 | BOYAmt |
| EOY | $117,568 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $163,031 | BOYAmt |
| EOY | $117,568 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $163,031 | BOYAmt |
| EOY | $117,568 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $163,031 | BOYAmt |
| EOY | $117,568 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$45,929 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $0 | NetUnrlzdGainsLossesInvstAmt |
| Donated Services And Use Fclts | $0 | DonatedServicesAndUseFcltsAmt |
| Investment Expense | $0 | InvestmentExpenseAmt |
| Prior Period Adjustments | $466 | PriorPeriodAdjustmentsAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | 0 | FSAuditedInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $194,575 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $208,081 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $209,003 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $214,210 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $195,743 | CurrentTaxYearAmt |
| Total | $1,021,612 | TotalAmt |
Govt Furn Srvc Fclts Vl509 GovtFurnSrvcFcltsVl509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $15,050 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $15,050 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $15,050 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $15,050 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $15,050 | CurrentTaxYearAmt |
| Total | $75,250 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $209,625 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $223,131 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $224,053 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $229,260 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $210,793 | CurrentTaxYearAmt |
| Total | $1,096,862 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $1,096,862 | PublicSupportTotal509Amt |
Post1975 UBTI Post1975UBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $59 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $36 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $38 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,279 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,325 | CurrentTaxYearAmt |
| Total | $3,737 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $59 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $36 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $38 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,279 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,325 | CurrentTaxYearAmt |
| Total | $3,737 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $209,684 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $223,167 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $224,091 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $230,539 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $213,118 | CurrentTaxYearAmt |
| Total | $1,100,599 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.99660 | PublicSupportCY509Pct |
| Public Support PY509 | 0.9987 | PublicSupportPY509Pct |
| Investment Income CY | 0.00340 | InvestmentIncomeCYPct |
| Investment Income PY | 0.0013 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (9 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| COLEGE OF PHARMACY BOARD | |||||||
| 308 SE HARVARD ST | MINNEAPOLIS | MN | 55455 | 416007513 | 115 | $7,500 | FLAT FEE GRANT AND PER STUDENT GRANT |
| SCHOL OF PUBLIC HEALTH | |||||||
| 420 DELAWARE ST SE | MINNEAPOLIS | MN | 55455 | 416007513 | 115 | $9,000 | FLAT FEE GRANT AND PER STUDENT GRANT |
| SCHOOL OF DENTISTRY | |||||||
| 515 DELAWARE ST SE | MINNEAPOLIS | MN | 55455 | 416007513 | 115 | $10,400 | FLAT FEE GRANT AND PER STUDENT GRANT |
| COLEGE OF VETERINARY MEDICINE | |||||||
| 1365 GORTNER AVENUE | SAINT PAUL | MN | 55108 | 416007513 | 115 | $7,000 | FLAT FEE GRANT AND PER STUDENT GRANT |
| MBA ASSOCIATION | |||||||
| 321 19TH AVE S SUITE 2-210 | MINNEAPOLIS | MN | 55455 | 416007513 | 115 | $8,500 | FLAT FEE GRANT AND PER STUDENT GRANT |
| PUBLIC AFFAIRS STUDENT ASSOCIATION | |||||||
| 301 19TH AVE S | MINNEAPOLIS | MN | 55455 | 416007513 | 115 | $17,000 | FLAT FEE GRANT AND PER STUDENT GRANT |
| GRADUATE NURSING STUDENT COUNCIL | |||||||
| 308 SE HARVARD ST | Minneapolis | MN | 55455 | 416007513 | 115 | $9,200 | FLAT FEE GRANT AND PER STUDENT GRANT |
| LAW SCHOOL COUNCIL | |||||||
| 229 S 19TH AVE | MINNEAPOLIS | MN | 55455 | 416007513 | 115 | $12,000 | FLAT FEE GRANT AND PER STUDENT GRANT |
| MEDICAL SCHOOL STUDENT COUNCIL | |||||||
| 420 DELAWARE ST SE | MINNEAPOLIS | MN | 55455 | 416007513 | 115 | $8,800 | FLAT FEE GRANT AND PER STUDENT GRANT |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 9 | Total501c3OrgCnt |
| Total Other Org | 9 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (5 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| PROFESSIONAL DEVELOPMENT GRANTS | 116 | $23,100 |
| ACADEMIC INITIATIVE GRANTS | 27 | $13,394 |
| SOCIAL INITIATIVE/ EVENTS GRANTS | 54 | $43,479 |
| INTER-COUNCIL GRANTS | 7 | $14,874 |
| UNIVERSITY EMS DONATION/ GRANT | 1 | $500 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule I, Part I, Line 2 | FormAndLineReferenceDesc |
| Explanation | Students or organizations may apply for grants through PSG to support academic purposes, professional development, social events, or travel. The Grant Committee reviews all applications, including the proposed budget, and makes recommendations to the Congress for approval. Once a grant is approved, an initial payment covering half of the approved amount is issued. After the project is completed, the Congress reviews an evaluation of the project and its final costs before reimbursing the remaining grant funds. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part III, Line 4a | As the Professional Student Government (PSG) at the University of Minnesota, we continue to represent over 6,000 professional students, advocating for their needs while enhancing governance, financial transparency, and student engagement. This year, PSG focused on strengthening its administrative foundation, conducting an internal audit that led to financial management updates and policy revisions to align with University standards. We prioritized advocacy for increased funding, engaging with state stakeholders to highlight the tangible impact of financial support on student resources and opportunities. PSG also worked to improve collaboration among student governments, ensuring better coordination and accessibility of University-wide resources. Additionally, we supported environmental, social, and governance (ESG) initiatives, including assisting professional schools in centralizing ESG programming and resources. Much of our focus has also been on fostering financial transparency for member councils, reinforcing accountability in fund allocation. PSG remains committed to enhancing student experiences, strengthening governance, and advocating for professional students' financial and academic success in the year ahead. |
| Form 990, Part VI, Section A, Line 4 | The Professional Student Government has restated its Articles of Incorporation, revised its Bylaws, and updated general policies and procedures to meet University of Minnesota requirements for student groups receiving funding and to better align with modern organizational needs. All governing documents can be accessed via the website listed for this return. |
| Form 990, Part VI, Section B, Line 11b | The Secretary of Finance is responsible for assisting in ensuring that all tax reports are filed in a timely manner. |
| Form 990, Part VI, Section B, Line 12c | Yes, the organization has a written conflict of interest policy. Officers, directors, trustees, and key employees are required to disclose annually any interests that could give rise to conflicts. The organization regularly and consistently monitors and enforces compliance through its governing body, which reviews disclosures and takes appropriate action as necessary. |
| Form 990, Part VI, Section B, Line 15 | Officers may receive stipends for their terms of office. Stipend amounts are determined through the budget each year and are governed by the board. |
| Form 990, Part VI, Section C, Line 19 | PSG provides access to the Articles of Incorporation, Bylaws, and Minutes of the Board through the organization's website and upon request but does not publish any financial documents online except for a budget. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UNIVERSITY OF MINNESOTA | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 101 PLEASANT STREET SE | AddressLine1Txt |
| City | MINNEAPOLIS | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55455 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 416007513 | EIN |
| Primary Activities | POST SECONDARY EDUCATION | PrimaryActivitiesTxt |
| Legal Domicile State | MN | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | LINE 5 | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UNIVERSITY OF MINNESOTA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (1) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (1) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UNIVERSITY OF MINNESOTA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | s | TransactionTypeTxt |
| Involved | $193,302 | InvolvedAmt |
Reasonable Cause Explanation ReasonableCauseExplanation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | March 5, 2025 Internal Revenue Service Department of the Treasury Ogden, UT 84201-0027 Subject: Request for Abatement or Waiver of Late Filing Penalty for Form 990, TY 2024 - Dear Sir or Madam, I am writing on behalf of the Professional Student Government (PSG), a non-profit organization representing professional students at the University of Minnesota. We respectfully request an abatement or waiver of the late filing penalty related to our recent Form 990 filing. PSG has been actively serving professional students since 1997, representing students from the Carlson School of Management, Law School, Medical School, Dental School, School of Nursing, College of Pharmacy, School of Public Health, College of Veterinary Medicine, College of Education and Human Development, Humphrey School of Public Affairs, among other professional schools. As a student-run organization with annually changing leadership, we strive to maintain compliance with all regulatory requirements, including timely filing of our tax returns. Historically, PSG has diligently filed its Form 990 on time. Our fiscal year ends on August 31st, and we have consistently applied for and received a six-month extension, allowing us to file by the extended deadline in May. Our tax filings have traditionally been handled by our long-standing pro bono accountant, Marc Kotsonas, CPA, from Mahoney, who also managed our extension requests. Unfortunately, in late 2024, we were informed that Mahoney would no longer be providing pro bono tax services. This coincided with the unexpected passing of our long-time administrative lead and only employee, Kathleen Craig, in November 2024. Kathleen played a crucial role in liaising between PSG and our accountants, ensuring continuity in our tax compliance. These significant changes resulted in the unintentional oversight of our extension filing, as we had assumed the extension had been submitted as in previous years. We only recently became aware that the Form 8868 extension had not been filed and that our actual filing deadline was January 15, 2025, rather than our usual extended deadline in June. Upon discovering this oversight, we have taken immediate steps to complete and submit our Form 990 as soon as possible. As a student-run organization, PSG operates with very limited funds, the majority of which come from student contributions and are used to provide grants, educational programs, and other resources aimed at supporting our student community. Our budget is extremely sensitive to any unexpected costs, and the imposition of a late filing penalty would directly impact our ability to fund these critical initiatives. Given our consistent history of timely filings, the unforeseen changes in our organizational structure, and the genuine misunderstanding regarding our extension request, we respectfully ask for a first-time abatement or waiver of any associated penalties. We understand that the standard penalty is $20 per day for organizations of our revenue size but given our commitment to compliance and our proactive response upon recognizing the issue, we kindly request leniency in this matter. Any financial penalties imposed would place an undue burden on our already limited resources and, ultimately, hinder our ability to continue providing meaningful support to professional students at the University of Minnesota. We greatly appreciate your time and consideration of our request. If any additional documentation or information is needed to support our request, please do not hesitate to reach out. Thank you for your attention to this matter. Sincerely, Gabriel Richardson, Secretary of Finance (Treasurer) Professional Student Government (PSG) 300 Washington Avenue SE, Room 202A Minneapolis, MN 55455 +1.208.577.1812 | rich2021@umn.edu | ExplanationTxt |