Central Minnesota Educational Research & Development Council
- Assets
- $3.5m
- Revenue
- $8.1m
- Investments
- $0.0
- Employees
- 60
- Location
- St Cloud, MN
- Founding
- 07/1966
- Data as of
- 12/2021
- EIN
- 41-6052402
Organization Overview
Central Minnesota Educational Research & Development Council is located in St Cloud, MN. The organization was established in 1966. As of 12/2021, Central Minnesota Educational Research & Development Council employed 60 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Central Minnesota Educational Research & Development Council is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Central Minnesota Educational Research & Development Council generated $8.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $7.0m 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
VOLUME PURCHASING, SUPPORT SERVICES, AND STRATEGIC TECHNOLOGIES FOR THE EDUCATIONAL COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COOPERATIVE VOLUME PURCHASING, INCLUDING ON DEMAND PURCHASING SOLUTIONS. OUR PURCHASING LEVERAGE IS ATTRIBUTED TO A BUYING GROUP CONSISTING OF MORE THAN 100 PUBLIC, PRIVATE AND CHARTER SCHOOLS. CMERDC ALSO PROVIDES ON DEMAND PRODUCT FULFILLMENT THROUGH OUR RELATIONSHIPS WITH VARIOUS VENDORS.
CMERDC DEVELOPS AND SUPPORTS APPLICATIONS THAT ENABLE SCHOOLS TO BETTER MANAGE THEIR EDUCATION DUTIES SUCH AS: DATA WAREHOUSING APPLICATIONS, AND STUDENT PLANS. WE ALSO DEVELOP CUSTOM SOFTWARE APPLICATIONS FOR SCHOOLS.
CMERDC OFFERS COMPLETE SALES AND SUPPORT FOR SCHOOL COPIERS, FAXES AND PRINTERS FROM KYOCERA-MITA. WE OFFER ON-SITE DISPATCHED TECHNICIANS FOR MULTIFUNCTION COPIERS AND PRINTERS.
SUPPORT SERVICES FOR FINANCIAL AND HR SYSTEM, TECHNOLOGY SUPPORT FOR ALL SUPPORTED SYSTEM APPLICATIONS AS WELL AS HOSTING SERVICES, AND MEDIA STREAMING FOR THE CLASSROOM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lowell Haagenson Executive Director | Officer | 40 | $112,747 |
Stephanie Sylte Development Manager | 40 | $102,708 | |
Nancy Ramler Chief Financial Officer | Officer | 20 | $60,094 |
Bill Tollefson Chairperson | OfficerTrustee | 1 | $0 |
Jeff Powers Vice-Chairperson (thru June) | OfficerTrustee | 1 | $0 |
Robyn Vosberg-Torgerson Secretary/treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $75,859 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,101 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $76,960 |
| Total Program Service Revenue | $7,994,198 |
| Investment income | $890 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $30,005 |
| Net Gain/Loss on Asset Sales | $5,000 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,112,700 |
| 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. | $186,809 |
| Compensation of current officers, directors, key employees. | $156,762 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,376,904 |
| Pension plan accruals and contributions | $168,230 |
| Other employee benefits | $286,141 |
| Payroll taxes | $185,106 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $192 |
| Fees for services: Accounting | $26,375 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $133,173 |
| Advertising and promotion | $5,740 |
| Office expenses | $90,983 |
| Information technology | $31,564 |
| Royalties | $0 |
| Occupancy | $90,402 |
| Travel | $18,883 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,148 |
| Interest | $68 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $119,457 |
| Insurance | $6,957 |
| All other expenses | $17,470 |
| Total functional expenses | $6,954,150 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $268,659 |
| Savings and temporary cash investments | $1,831,267 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $655,536 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $364,700 |
| Prepaid expenses and deferred charges | $48,931 |
| Net Land, buildings, and equipment | $236,901 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $44,517 |
| Other assets | $0 |
| Total assets | $3,450,511 |
| Accounts payable and accrued expenses | $623,117 |
| Grants payable | $0 |
| Deferred revenue | $571,336 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $345,054 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $337,769 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,877,276 |
| Net assets without donor restrictions | $1,573,235 |
| 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 | $3,450,511 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Educational Credential Evaluators Inc Milwaukee, WI | $3,693,811 | $8,910,670 |
Central Minnesota Educational Research & Development Council St Cloud, MN | $3,450,511 | $8,112,700 |
Wisconsin Masonic Foundation Dousman, WI | $27,556,121 | $5,183,094 |
North Scott Educational Foundation Eldridge, IA | $1,925,502 | -$100,057 |
The Wisconsin Union Association Inc Madison, WI | $145,877 | $0 |