Cokato Association
- Assets
- $96.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cokato, MN
- Founding
- 08/1954
- Data as of
- 09/2023
- EIN
- 41-6039774
Organization Overview
Cokato Association is located in Cokato, MN. The organization was established in 1954. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, 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. Cokato 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 09/2023, Cokato Association generated $91.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 43.5% each year . All expenses for the organization totaled $76.9k during the year ending 09/2023. While expenses have increased by 38.2% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE BUSINESS EXPOSITION AND COKATO CORN CARNIVAL ARE HOSTED ANNUALLY TO BRING PEOPLE INTO THE CITY FOR FOOD AND ENTERTAINMENT AND PROMOTE BUSINESSES WITHIN THE CITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Josh Limanen President | 1 | $0 | |
Dan Robertson Vice Preside | 1 | $0 | |
Johanna Ellison Past Preside | 1 | $0 | |
Jarod Sebring Treasurer | 1 | $0 | |
Darren Sombke Board Member | 1 | $0 | |
Teresa Martinson Executive Se | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $65,375 |
| Membership dues | $12,749 |
| Investment income | $17 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $13,101 |
| Other Revenue | $0 |
| Total Revenue | $91,242 |
| 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 | $2,000 |
| Occupancy, rent, utilities, and maintenance | $12,736 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $62,128 |
| Total expenses | $76,864 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $96,287 |
| Other assets | $0 |
| Total assets | $96,287 |
| Total liabilities | $0 |
| Net assets or fund balances | $96,287 |