Minnesota Governmental Relations Council
- Assets
- $245.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- St Paul, MN
- Founding
- 07/1985
- Data as of
- 12/2023
- EIN
- 41-1506254
Organization Overview
Minnesota Governmental Relations Council is located in St Paul, MN. The organization was established in 1985. According to its NTEE Classification (W20) the organization is classified as: Government & Public Administration, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Minnesota Governmental Relations Council is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Minnesota Governmental Relations Council generated $137.5k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $155.6k during the year ending 12/2023. While expenses have increased by 5.7% per year over the past 9 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Karbo President | 1 | $0 | |
Nancy Haas Vice President | 1 | $0 | |
Daniel Lightfoot Secretary | 1 | $0 | |
Amy Walstien Treasurer | 1 | $0 | |
Thor Underdahl Director | 1 | $0 | |
Amanda Duerr Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $42,305 |
| Membership dues | $95,005 |
| Investment income | $204 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2 |
| Total Revenue | $137,516 |
| 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 | $74,200 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $17,538 |
| Other expenses | $63,896 |
| Total expenses | $155,634 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $239,864 |
| Other assets | $0 |
| Total assets | $245,446 |
| Total liabilities | $129,144 |
| Net assets or fund balances | $116,302 |