Minnesota Rural Education Association
- Assets
- $1.3m
- Revenue
- $767.8k
- Investments
- $0.0
- Employees
- 3
- Location
- Saint Cloud, MN
- Founding
- 10/1998
- Data as of
- 06/2023
- EIN
- 41-1878133
Organization Overview
Minnesota Rural Education Association is located in Saint Cloud, MN. The organization was established in 1998. According to its NTEE Classification (S21) the organization is classified as: Community Coalitions, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2023, Minnesota Rural Education Association employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Minnesota Rural Education 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 06/2023, Minnesota Rural Education Association generated $767.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $604.0k during the year ending 06/2023. While expenses have increased by 4.4% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ACT AS A VOICE TO STRENGTHEN PUBLIC EDUCATION IN GREATER MINNESOTA THROUGH LEADERSHIP IN LEGISLATIVE ACTIONS. THE GOALS OF THE ORGANIZATION REGARDING LEGISLATIVE ACTION INCLUDE: BEING A KEY PLAYER IN EDUCATION POLICY, CONTINUALLY REDEFINING RURAL EDUCATION, PRESENTING A POSITIVE AND ACHIEVABLE PROGRAM TO THE LEGISLATURE, AND STRENGTHENING EDUCATION AT THE STATE LEVEL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RURAL EDUCATION ADVOCACY FOR GREATER MINNESOTA AND 237 INDEPENDENT SCHOOL DISTRICT MEMBERS, 93 ASSOCIATE MEMBERS AND 3 INDIVIDUAL MEMBERS THROUGH LEGISLATIVE MONITORING, YEAR-ROUND COMMUNICATIONS, AND AN ANNUAL PROFESSIONAL DEVELOPMENT CONFERENCE THAT ENGAGES AND RECOGNIZES EDUCATIONAL LEADERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Ferden President | Officer | 2 | $1,050 |
Judy Moeller Director | Trustee | 1.25 | $800 |
Cliff Carmody Director | Trustee | 1.25 | $0 |
Lance Bagstad Director | Trustee | 1.25 | $0 |
Craig Brenden Director | Trustee | 1.25 | $0 |
Sonia Wadena Director | Trustee | 1.25 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Indihar Enterprises Management | 6/29/22 | $130,000 |
Capitol Hill Associates Inc Lobbying | 6/29/22 | $127,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $597,843 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $597,843 |
| Total Program Service Revenue | $153,605 |
| Investment income | $20,105 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$3,717 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $767,836 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,850 |
| Compensation of current officers, directors, key employees. | $1,850 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $205,130 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $7,422 |
| Payroll taxes | $15,242 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,956 |
| Fees for services: Lobbying | $135,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $66,864 |
| Advertising and promotion | $91 |
| Office expenses | $14,845 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $3,324 |
| Travel | $28,819 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $110,687 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,398 |
| All other expenses | $0 |
| Total functional expenses | $603,961 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $294,620 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,522 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $16,045 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $999,897 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $250 |
| Total assets | $1,312,334 |
| Accounts payable and accrued expenses | $50,922 |
| Grants payable | $0 |
| Deferred revenue | $138,130 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $189,052 |
| Net assets without donor restrictions | $1,123,282 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,312,334 |