Mounds View Education Association is located in New Brighton, MN. The organization was established in 1999. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mounds View Education Association is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 08/2023, Mounds View Education Association generated $776.0k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 21.0% each year . All expenses for the organization totaled $774.6k during the year ending 08/2023. While expenses have increased by 23.4% per year over the past 8 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TEACHERS' LABOR REPRESENTATION AND PROFESSIONAL ORGANIZATION FOR MINNESOTA ISD 621.
Describe the Organization's Program Activity:
Part 3 - Line 4a
REPRESENT TEACHERS IN LABOR NEGOTIATIONS, PRESENT WORKSHOPS ON EDUCATIONAL MATTERS, AND PROVIDE VARIOUS OTHER BENEFITS FOR MEMBERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Stacey Vanderport President | OfficerTrustee | 12 | $5,250 |
Jaclyn Sawyer Vice Preside | OfficerTrustee | 8 | $1,000 |
Ruth Tharaldson Treasurer | OfficerTrustee | 8 | $2,250 |
Jill Hallenberger Secretary | OfficerTrustee | 2 | $1,000 |
Nancy Boyer-Kellermann Director | Trustee | 2 | $0 |
Sharon Carroll Director | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $9,597 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $9,597 |
Total Program Service Revenue | $753,665 |
Investment income | $1,754 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $6,603 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $775,957 |
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. | $9,500 |
Compensation of current officers, directors, key employees. | $7,600 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,750 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $3,800 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $3,191 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $64,320 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $34,204 |
Interest | $0 |
Payments to affiliates | $623,224 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $4 |
Total functional expenses | $774,556 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $320,100 |
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 | $4,500 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $59,072 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $383,672 |
Accounts payable and accrued expenses | $62 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $62 |
Net assets without donor restrictions | $383,610 |
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 | $383,672 |