Minnesota Floorcovering Contractors Association
- Assets
- $226.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mendota Heights, MN
- Founding
- 12/2001
- Data as of
- 05/2022
- EIN
- 41-1936631
Organization Overview
Minnesota Floorcovering Contractors Association is located in Mendota Heights, MN. The organization was established in 2001. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, 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. Minnesota Floorcovering Contractors Association 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 05/2022, Minnesota Floorcovering Contractors Association generated $102.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $102.3k during the year ending 05/2022. While expenses have increased by 7.1% per year over the past 7 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Cochran Director | 1 | $0 | |
Dj Murzyn Secretary-Treasurer | 1 | $0 | |
Rick Battis President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $99,892 |
| Investment income | $2,824 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $102,716 |
| 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 | $13,734 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $88,531 |
| Total expenses | $102,265 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $220,030 |
| Other assets | $0 |
| Total assets | $226,804 |
| Total liabilities | $0 |
| Net assets or fund balances | $226,804 |
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