Contractors Association Of Minnesota is located in Vadnais Heights, MN. The organization was established in 2012. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Contractors Association Of Minnesota is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Contractors Association Of Minnesota generated $153.7k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.7% each year . All expenses for the organization totaled $116.9k during the year ending 12/2023. While expenses have increased by 6.7% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PUT FORWARD A SYSTEM TO ENABLE CONTRACTORS TO STAY ABREAST OF THEIR CURRENT NEEDS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tracy Dahlin Chairman | 1 | $0 | |
Gordy Kaufmann Treasurer | 1 | $0 | |
Nick Benias Education | 1 | $0 | |
James Thurman Membership | 1 | $0 | |
Steve Larson Government Relations | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $53,315 |
Membership dues | $85,327 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $15,029 |
Other Revenue | $0 |
Total Revenue | $153,671 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $70,272 |
Occupancy, rent, utilities, and maintenance | $1,788 |
Printing, publications, postage, and shipping | $557 |
Other expenses | $44,240 |
Total expenses | $116,857 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $92,231 |
Other assets | $0 |
Total assets | $92,231 |
Total liabilities | $0 |
Net assets or fund balances | $92,231 |