Minneapolis Professional Employees Association
- Assets
- $1.0m
- Revenue
- $177.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 02/1994
- Data as of
- 12/2022
- EIN
- 41-1768723
Organization Overview
Minneapolis Professional Employees Association is located in Minneapolis, MN. The organization was established in 1994. According to its NTEE Classification (J03) the organization is classified as: Professional Societies & Associations, 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. Minneapolis Professional Employees 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 12/2022, Minneapolis Professional Employees Association generated $177.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.0%) each year. All expenses for the organization totaled $83.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (10.4%) per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SECURE IMPROVED WAGES, BENEFITS, AND WORKING CONDITIONS THROUGH COLLECTIVE BARGAINING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
REPRESENTED APPROXIMATELY 580 PROFESSIONAL WORKERS EMPLOYED BY THE CITY OF MINNEAPOLIS, TO SECURE IMPROVED WAGES, BENEFITS, AND WORKING CONDITIONS THROUGH COLLECTIVE BARGAINING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie Piwoschuk-Kosmas President | OfficerTrustee | 2 | $7,200 |
Ann Thelen Secretary | OfficerTrustee | 2 | $4,800 |
Andy Weyer Vice Preside | OfficerTrustee | 2 | $4,800 |
Chip Teigen Treasurer | OfficerTrustee | 2 | $3,900 |
Janna Beard At-Large | Trustee | 1 | $1,200 |
Nick Brambilla At-Large | Trustee | 1 | $1,099 |
Financial Statements
| 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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $170,837 |
| Investment income | $6,555 |
| 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 | $177,392 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $23,929 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $23,880 |
| Advertising and promotion | $0 |
| Office expenses | $2,656 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,266 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,319 |
| All other expenses | $27,499 |
| Total functional expenses | $83,549 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $732,362 |
| 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 | $277,706 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,010,068 |
| 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 |
| Net assets without donor restrictions | $1,010,068 |
| 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 | $1,010,068 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Executive Women International Oconomowoc, WI | $1,251,946 | $526,367 |
Northern Wi Asbestos Workers Joint Apprenticeship Fund Appleton, WI | $64,172 | $0 |
Minneapolis Professional Employees Association Minneapolis, MN | $1,010,068 | $177,392 |
Naafa Inc Circle Pines, MN | $166,830 | $0 |
American Society For Training And Development Milwaukee, WI | $42,027 | $0 |
Federal Judicial Assistants Association Madison, WI | $32,803 | $0 |
Minnesota Career Development Association Minneapolis, MN | $79,708 | $10,058 |