Mabel Business Association
- Assets
- $60.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mabel, MN
- Founding
- 09/1986
- Data as of
- 12/2021
- EIN
- 41-1460922
Organization Overview
Mabel Business Association is located in Mabel, MN. The organization was established in 1986. 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. Mabel Business Association 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 12/2021, Mabel Business Association generated $15.6k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $40.4k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
COMMUNITY PROMOTIONS-ORGANIZED AND FACILITATED THE ANNUAL STEAM ENGINE DAYS FESTIVAL
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adam Tollefson President | 1 | $0 | |
Joe Stomei Vice President | 1 | $0 | |
Leann Wickett Treasurer | 1 | $0 | |
Janet Sanden Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $45 |
| Total Program Service Revenue | $0 |
| Membership dues | $1,470 |
| Investment income | $304 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $7,962 |
| Other Revenue | $5,865 |
| Total Revenue | $15,646 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $286 |
| Printing, publications, postage, and shipping | $2,059 |
| Other expenses | $38,014 |
| Total expenses | $40,359 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $60,433 |
| Other assets | $0 |
| Total assets | $60,433 |
| Total liabilities | $0 |
| Net assets or fund balances | $60,433 |
Peer Organizations
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|---|---|---|
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National Funeral Directors Association Of The United States I Brookfield, WI | $21,618,319 | $10,407,549 |
Aca International Eagan, MN | $12,262,505 | $9,311,579 |
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Greater Des Moines Partnership Des Moines, IA | $8,726,466 | $7,643,877 |
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Metropolitan Milwaukee Association Of Commerce Milwaukee, WI | $14,063,997 | $8,001,819 |
Wisconsin Bankers Association Madison, WI | $11,076,284 | $5,774,675 |
Minnesota Association Of Professional Employees Mape Shoreview, MN | $22,099,313 | $6,757,766 |
Mra Institute Of Management Inc Waukesha, WI | $11,508,138 | $5,687,346 |