Minnesota Biodiesel Council
- Assets
- $41.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mankato, MN
- Founding
- 03/2001
- Data as of
- 08/2023
- EIN
- 41-1989356
Organization Overview
Minnesota Biodiesel Council is located in Mankato, MN. The organization was established in 2001. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, 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 Biodiesel 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 08/2023, Minnesota Biodiesel Council generated $88.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $92.4k during the year ending 08/2023. 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
EDUCATING INDIVUIDUALS IN MINNESOTA ABOUT THE BENEFITS OF BIODIESEL AS AN ADVANCED BIOFUEL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Hill Director | 0.5 | $0 | |
Rachel Geilenfeld Director | 0.5 | $0 | |
Ronald Obermoller Director | 0.5 | $0 | |
Bob Worth Director | 0.5 | $0 | |
Jeramie Weller Director | 0.5 | $0 | |
Jim Willers Chair | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $88,000 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $500 |
| Total Revenue | $88,500 |
| 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 | $89,623 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,806 |
| Total expenses | $92,429 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $40,836 |
| Other assets | $0 |
| Total assets | $41,336 |
| Total liabilities | $0 |
| Net assets or fund balances | $41,336 |