Minneapolis Telecommunications Network-Mtn
- Assets
- $79.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 10/1985
- Data as of
- 12/2020
- EIN
- 41-1510448
Organization Overview
Minneapolis Telecommunications Network-Mtn is located in Minneapolis, MN. The organization was established in 1985. According to its NTEE Classification (W50) the organization is classified as: Telecommunications, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Minneapolis Telecommunications Network-Mtn is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Minneapolis Telecommunications Network-Mtn generated $170.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (18.3%) each year. All expenses for the organization totaled $220.1k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (16.2%) per year over the past 6 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
2020
Describe the Organization's Program Activity:
Part 3
MTN SERVED THE TWIN CITIES COMMUNITY BY PROVIDING PRODUCTION STUDIOS AND TRAINING ON PRODUCTION EQUIPMENT AND SOFTWARE. IN 2020 BEFORE THE STUDIOS WERE SHUT DOWN DUE TO COVID WE SERVED OVER 500 COMMUNITY MEMBERS AND HAD 12 AMBASSADORS WORKING IN OUR INTERNSHIP PROGRAM. AFTER COVID WE MOVED EVERYTHING VIRTUAL AND CONTINUED TO PROVIDE COMMUNICATIONS SERVICES TO THE COMMUNITY THROUGH THE REST OF THE YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ninja Media International Executive Management | 80 | $66,042 | |
Anthony Ware Vice Chair | 2 | $0 | |
David Allison Board Chair | 2 | $0 | |
Mohamed Alameh Treasurer | 2 | $0 | |
Michelle Kimbrough Secretary | 2 | $0 | |
Bridget Doran Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $159,315 |
| Total Program Service Revenue | $10,861 |
| Membership dues | $0 |
| Investment income | $6 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $170,182 |
| 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 | $108,879 |
| Occupancy, rent, utilities, and maintenance | $60,106 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $51,072 |
| Total expenses | $220,057 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $38,480 |
| Other assets | $0 |
| Total assets | $79,390 |
| Total liabilities | $17,323 |
| Net assets or fund balances | $62,067 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Minneapolis Telecommunications Network-Mtn has recieved totaling $20.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $20 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Paul Bunyan Rural Telephone Cooperative Bemidji, MN | $167,591,032 | $74,199,172 |
South Slope Cooperative Telephone Company Inc North Liberty, IA | $103,327,478 | $39,258,245 |
Vernon Communications Cooperative Inc Westby, WI | $43,756,692 | $18,296,533 |
West Central Telephone Association Sebeka, MN | $34,025,496 | $12,330,279 |
Runestone Telephone Association Hoffman, MN | $32,214,901 | $11,495,965 |
Kalona Cooperative Telephone Company Kalona, IA | $16,733,268 | $7,276,052 |
Nelson Communications Cooperative Durand, WI | $35,266,110 | $8,238,356 |
Richland-Grant Telephone Cooperative Inc Blue River, WI | $18,746,059 | $6,374,669 |
La Valle Telephone Cooperative La Valle, WI | $13,091,792 | $4,810,156 |
On Being Project Minneapolis, MN | $6,237,366 | $6,582,457 |
Emily Cooperative Telephone Company Emily, MN | $11,451,551 | $4,355,246 |
Lehigh Valley Co-Operative Telephone Association Lehigh, IA | $19,306,008 | $3,317,069 |