Center For Ethical Organizations is located in Minneapolis, MN. Center For Ethical Organizations 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 01/2019, Center For Ethical Organizations generated $108.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (54.0%) each year. All expenses for the organization totaled $107.7k during the year ending 01/2019. As we would expect to see with falling revenues, expenses have declined by (54.7%) per year over the past 3 years. 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
ASSIST BUSINESS LEADERS IN CREATING ETHICAL & PROFITABLE BUSINESS CULTURES AT MULTIPLE LEVELS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THOUGHT LEADERSHIP -FROM A "THOUGHT LEADERSHIP" STANDPOINT, THE CENTER IS ALREADY WORKING WITH THE ETHICS AND BUSINESS LAW FACULTY OF THE OPUS COLLEGE OF BUSINESS ON RESEARCH IN BUSINESS ETHICS AND CORPORATE RESPONSIBILITY. ACHIEVEMENTS INCLUDE:A. THE CENTER'S LANDMARK BOOK, CORPORATE RESPONSIBILITY: THE AMERICAN EXPERIENCE, WON THE "BEST BOOK" AWARD FROM THE SOCIAL ISSUES IN MANAGEMENT DIVISION OF THE ACADEMY OF MANAGEMENT.B. THE CENTER SERVED AS PROJECT LEADERS AND EDITORS WITH THE BUSINESS ETHICS FACULTY OF THE OPUS COLLEGE OF BUSINESS IN EDITING THE THIRD EDITION OF THE WILEY BLACKWELL ENCYCLOPEDIA OF MANAGEMENT BUSINESS ETHICS VOLUME. THIS THIRD EDITION VOLUME BROUGHT TOGETHER LEADING ETHICISTS TO CONTRIBUTE ARTICLES ON ETHICAL THEORY, ETHICAL TRENDS, AND EMERGING ETHICAL ISSUES IN OUR SOCIETY.C. THE CENTER IS ALSO PROVIDING SUPPORT TO DR. CHRISTOPHER MICHAELSON, ASSOCIATE ASSISTANT PROFESSOR AT THE UNIVERSITY OF ST. THOMAS' OPUS COLLEGE OF BUSINESS, WHO IS SERVING AS THE SECRETARIAT OF ISBEE (INTERNATIONAL SOCIETY OF BUSINESS ECONOMICS AND ETHICS).RECOGNITION FOR ITS OUTREACH TO THE BUSINESS COMMUNITY -FROM A "PRACTICE LEADERSHIP" STANDPOINT, THE CENTER'S LEADERSHIP HAS BEEN RECOGNIZED BY THE SOCIETY FOR CORPORATE COMPLIANCE AND ETHICS WITH ONE OF SEVERAL INTERNATIONAL AWARDS FOR "PIONEERING IN THE FIELD OF APPLIED BUSINESS ETHICS THROUGH EXECUTIVE LEADERSHIP TRAINING FOCUSED ON DEVELOPING INTEGRITY AND ETHICAL BEHAVIORS IN ORDER TO IMPROVE CORPORATE CITIZENSHIP AND CORPORATE CULTURE." THE CENTER'S LEADERSHIP HAS ALSO BEEN RECOGNIZED AS ONE OF THE "100 MOST INFLUENTIAL PEOPLE IN THE FIELD OF BUSINESS ETHICS" BY THE ETHISPHERE INSTITUTE FOR ITS WORK IN THE THOUGHT LEADERSHIP CATEGORY. AS A RESULT, THE CENTER CONTINUES TO BE CALLED UPON TO DEVELOP AND DELIVER LEADERSHIP TRAINING SERVICES FOR ORGANIZATIONS IN A VARIETY OF INDUSTRIES.INTERSECTING THOUGHT AND PRACTICE LEADERSHIP -THIS REPRESENTS A POINT OF DIFFERENTIATION FOR THE CENTER AND THE OPUS COLLEGE OF BUSINESS. WE ARE WORKING TO CREATE THE OPPORTUNITY FOR COLLABORATION BETWEEN THE THOUGHT AND PRACTICE LEADERSHIP COMMUNITIES AND TO NURTURE THEIR SHARED INTEREST IN SUPPORTING PRINCIPLED LEADERSHIP AS THEY BUILD AND SUSTAIN ETHICAL CULTURES. THE CENTER SPONSORS OR CO-SPONSORS HIGH PROFILE SPEAKERS TO THE MINNESOTA COMMUNITY; CREATES OPPORTUNITIES FOR ITS MEMBER COMPANIES TO SHARE "BEST PRACTICES AND "LESSONS LEARNED" WHILE LEARNING FROM EACH OTHER THROUGH ITS "ROUNDTABLES; AND, SPEAKS IN LOCAL, REGIONAL, AND NATIONAL PUBLIC VENUES EACH YEAR. WE ARE USING THESE FORUMS TO CREATE OPPORTUNITIES FOR SHARED DIALOGUE BETWEEN "THOUGHT AND PRACTICE" LEADERS. THE CENTER ALSO DEVELOPED EXECUTIVE ROUNDTABLES FOR SMALL AND MID-SIZE COMPANIES AS WELL AS PROGRAMS FOR CENTER MEMBERS AND FRIENDS FOCUSED ON: AGING AND ADVISORS CENTER LEADERS FORUM (THREE TIMES)ASSISTING IN THE EDUCATION OF THE NEXT GENERATION OF LEADERS -THE CENTER ASSISTS THE OPUS COLLEGE OF BUSINESS' FACULTY IN EDUCATING HIGHLY PRINCIPLED GLOBAL BUSINESS LEADERS BY SERVING AS ADJUNCT FACULTY, GUEST LECTURERS, AND/OR PROVIDING LINKAGES OF THE BUSINESS COMMUNITY DIRECTLY INTO THE CLASSROOM. THE CENTER HAS SPONSORED A CEBC ETHICS CASE COMPETITION IN THE FULL-TIME UST MBA PROGRAM AT THE OPUS COLLEGE OF BUSINESS WITH WINNING TEAMS SUCCESSFULLY COMPETING AGAINST MAJOR ACADEMIC INSTITUTIONS AT THE INTERNATIONAL BUSINESS ETHICS CASE COMPETITION (IBECC) SPONSORED BY THE CENTER FOR ETHICS AND BUSINESS AT LOYOLA MARYMOUNT UNIVERSITY, THE UST OPUS COLLEGE OF BUSINESS, AND THE ETHICS & COMPLIANCE OFFICER ASSOCIATION (ECOA).
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Linda Soranno Chair | OfficerTrustee | 1 | $0 |
Thomas R Marek JD Vice Chair | OfficerTrustee | 1 | $0 |
Michael Garrison JD Secretary | OfficerTrustee | 1 | $0 |
Amy Klein Treasurer | OfficerTrustee | 1 | $0 |
Sally S Mainquist CPA Director | Trustee | 1 | $0 |
Ronda P Bayer JD Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $40,121 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $46,483 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $86,604 |
Total Program Service Revenue | $22,000 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $108,604 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $68,061 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $22,460 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $100 |
Fees for services: Accounting | $4,375 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $175 |
Advertising and promotion | $0 |
Office expenses | $1,476 |
Information technology | $2,900 |
Royalties | $0 |
Occupancy | $0 |
Travel | $1,124 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $591 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $600 |
All other expenses | $0 |
Total functional expenses | $107,745 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $0 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Unrestricted restricted net Assets | $0 |
Temporarily restricted net Assets | $0 |
Permanently restricted net Assets or current funds | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total net assets or fund balances | $0 |