Retired Educators Association Of Minnesota
- Assets
- $406.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Janesville, MN
- Founding
- 08/1979
- Data as of
- 08/2024
- EIN
- 41-1319611
Organization Overview
Retired Educators Association Of Minnesota is located in Janesville, MN. The organization was established in 1979. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Retired Educators Association Of Minnesota is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 08/2024, Retired Educators Association Of Minnesota generated $77.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (7.7%) each year. All expenses for the organization totaled $96.3k during the year ending 08/2024. As we would expect to see with falling revenues, expenses have declined by (4.4%) per year over the past 5 years. 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
2024
Describe the Organization's Program Activity:
Part 3
0
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anita Hellie President | 30 | $1,260 | |
Charles Hellie Group Travel Director | 40 | $1,250 | |
Sally Mays Communications Director | 10 | $2,307 | |
Bruce Locklear Interim Executive Director | 40 | $2,382 | |
Tim Moynihan Vice President - Legislative Rep | 20 | $0 | |
Karna Brewer Secretary | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,100 |
| Total Program Service Revenue | $0 |
| Membership dues | $44,442 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $30,788 |
| Total Revenue | $77,330 |
| 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 | $23,701 |
| Occupancy, rent, utilities, and maintenance | $700 |
| Printing, publications, postage, and shipping | $35,543 |
| Other expenses | $35,188 |
| Total expenses | $96,282 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $406,878 |
| Other assets | $0 |
| Total assets | $406,878 |
| Total liabilities | $0 |
| Net assets or fund balances | $406,878 |