Twin Cities Society Of Human Resource Management is located in Minneapolis, MN. The organization was established in 1968. According to its NTEE Classification (S02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Twin Cities Society Of Human Resource Management employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Twin Cities Society Of Human Resource Management 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 12/2021, Twin Cities Society Of Human Resource Management generated $464.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $317.8k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE HIGH QUALITY PROFESSIONAL DEVELOPMENT, INFORMATION EXCHANGE & NETWORKING OPPORTUNITIES FOR THE HUMAN RESOURCE PROFESSION
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE HOSTED OVER 40 EVENTS VIRTUALLY WITH THE PANDEMIC PIVOT. OUR EVENTS INCLUDED WEBINARS, WEB SERIES, A LEGAL SUMMIT, A WOMENS CONFERENCE ALL FOCUSED ON PROVIDING PROFESSIONAL DEVELOPMENT AND NETWORKING TO OUR HUMAN RESOURCE COMMUNITY. COURSES TO PREPARE MEMBERS FOR THE SHRM CERTIFICATION EXAM.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Katie Farley Exec Director | OfficerTrustee | 50 | $111,086 |
Becky Lauseng President | OfficerTrustee | 20 | $0 |
Sue Kruse Past President | OfficerTrustee | 2 | $0 |
Judd Beeskau Treasurer | OfficerTrustee | 1 | $0 |
Paige Fellows Director | Trustee | 2 | $0 |
Briana Gronwall Director | Trustee | 3 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $30,807 |
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 | $30,807 |
Total Program Service Revenue | $324,250 |
Investment income | $68,165 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $464,134 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $1,489 |
Grants and other assistance to domestic individuals. | $2,000 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $111,086 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $11,264 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $12,492 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $11,324 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $4,015 |
Fees for services: Other | $10,655 |
Advertising and promotion | $7,162 |
Office expenses | $55,733 |
Information technology | $3,881 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $83,642 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $501 |
Insurance | $2,574 |
All other expenses | $0 |
Total functional expenses | $317,818 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $51,251 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
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 | $18,054 |
Net Land, buildings, and equipment | $1,247 |
Investments—publicly traded securities | $0 |
Investments—other securities | $392,122 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $38,000 |
Total assets | $500,674 |
Accounts payable and accrued expenses | $3,857 |
Grants payable | $0 |
Deferred revenue | $16,389 |
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 | $20,246 |
Net assets without donor restrictions | $0 |
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 | $480,428 |
Total liabilities and net assets/fund balances | $500,674 |
Organization Name | Assets | Revenue |
---|---|---|
Ifbf Property Management Inc West Des Moines, IA | $66,458,037 | $20,324,859 |
Snow And Ice Management Association Inc Mequon, WI | $2,340,997 | $2,790,176 |
Middle Management Association St Paul, MN | $2,377,760 | $1,336,699 |
Unclaimed Property Professionals Organization Inc Golden Valley, MN | $919,733 | $1,026,456 |
Product Development & Management Association St Paul, MN | $747,589 | $1,073,754 |
Duluth Builders Exchange Duluth, MN | $0 | $690,985 |
Digital Bridge Inc Milwaukee, WI | $399,676 | $1,030,651 |
Society For Human Resource Mgt Cottage Grove, WI | $539,319 | $737,775 |
Twin Cities Society Of Human Resource Management Minneapolis, MN | $500,674 | $464,134 |
La Crosse Builders Exchange Inc La Crosse, WI | $170,152 | $182,703 |
Project Management Institute New Brighton, MN | $1,003,818 | $494,780 |
50th & France Business & Professional Assn Edina, MN | $89,710 | $219,587 |