Minnesota Center For Employee Ownership
- Assets
- $78.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Saint Cloud, MN
- Founding
- Data as of
- 12/2023
- EIN
- 84-4160755
Organization Overview
Minnesota Center For Employee Ownership is located in Saint Cloud, MN. According to its NTEE Classification (S30) the organization is classified as: Economic Development, 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 Center For Employee Ownership 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 12/2023, Minnesota Center For Employee Ownership generated $78.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (5.5%) each year. All expenses for the organization totaled $146.3k during the year ending 12/2023. 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
EMPLOYEE OWNERSHIP IS A CRITICAL TOOL TO ACHIEVE THESE GOALS. BY EDUCATING THE PUBLIC ON EMPLOYEE OWNERSHIP, WE HOPE TO PROMOTE EQUITY AND INCLUSION BY EXPANDING ECONOMIC OPPORTUNITY, PARTICULARLY FOR THE BENEFIT OF TRADITIONALLY DISADVANTAGED GROUPS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andy Daly Director | 1 | $0 | |
Laura Qualey Director | 1 | $0 | |
Nicole Behm-Koep Director | 1 | $0 | |
Roger Ryberg Director | 1 | $0 | |
Thomas Crouse Director | 1 | $0 | |
Kirsten Kennedy Executive Director | 30 | $55,800 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $73,829 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $643 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $3,975 |
| Other Revenue | $0 |
| Total Revenue | $78,447 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $65,400 |
| Professional fees and other payments to independent contractors | $47,858 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $33,061 |
| Total expenses | $146,319 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $77,812 |
| Other assets | $0 |
| Total assets | $78,612 |
| Total liabilities | $758 |
| Net assets or fund balances | $77,854 |