Minnesota Nurserymens Research Corporation
- Assets
- $58.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Newport, MN
- Founding
- 02/1958
- Data as of
- 12/2021
- EIN
- 41-6036315
Organization Overview
Minnesota Nurserymens Research Corporation is located in Newport, MN. The organization was established in 1958. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Minnesota Nurserymens Research Corporation is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2021, Minnesota Nurserymens Research Corporation generated $54.4k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $44.4k 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
THE ORGANIZATION'S PURPOSE IS TO COLLECT MONIES FROM NURSERY GROWERS FOR SPECIFIC UNIVERSITY OF MINNESOTA PLANT INTRODUCTIONS AND DONATE THAT MONEY BACK TO THE UNIVERSITY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dean Englemann Director | 0.1 | $0 | |
Penny Aguirre Vice-President | 0.1 | $0 | |
Patrick Bailey President | 0.5 | $0 | |
Doug Danielsen Secretary/treasurer | 0.1 | $0 | |
Dave Schulte Director | 0.1 | $0 | |
Barb Dunsmore Director | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $54,389 |
| Total Revenue | $54,391 |
| 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 | $110 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $756 |
| Total expenses | $44,366 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $58,382 |
| Other assets | $0 |
| Total assets | $58,382 |
| Total liabilities | $0 |
| Net assets or fund balances | $58,382 |
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