Totals
- Total revenue
- $507,241
- Total expenses
- $560,466
- Contributions and grants received
- $5,358
- Grants paid
- $0
- Program service revenue
- $387,670
- Investment income
- $114,152
- Other revenue
- $61
- Total assets, end of year
- $2,335,277
- Total liabilities, end of year
- $142,701
- Net assets or fund balances, end of year
- $2,192,576
- Program services expenses (Part IX)
- $0
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $0
Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1a · Federated campaigns
$0
-
1b · Membership dues
$0
-
1c · Fundraising events
$0
-
1d · Related organizations
$0
-
1e · Government grants (contributions)
$5,358
-
1f · All other contributions, gifts and grants
$0
-
1g · Noncash contributions included above
$0
-
2a · Program service revenue: MEMBERSHIP FEES
total $383,564 · related or exempt $383,564 · unrelated business $0 · excluded $0
-
2b · Program service revenue: PROGRAM SERVICE FEES
total $4,106 · related or exempt $4,106 · unrelated business $0 · excluded $0
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $83,593 · related or exempt $0 · unrelated business $0 · excluded $83,593
-
4 · Income from investment of tax-exempt bond proceeds
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
5 · Royalties
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
7a · Gross sales of assets other than inventory
securities $162,100 · other assets $19,000
-
7b · Less cost or other basis and sales expenses
securities $144,856 · other assets $5,685
-
7c · Gain or loss
securities $17,244 · other assets $13,315
-
7d · Net gain or loss
total $30,559 · related or exempt $30,559 · unrelated business $0 · excluded $0
-
8a · Fundraising events: contributions included on line 1c
$0
-
11d · All other revenue
total $61 · related or exempt $61 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$61
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $155,895
-
7 · Other salaries and wages
total $132,912
-
8 · Pension plan contributions
total $9,333
-
9 · Other employee benefits
total $40,542
-
10 · Payroll taxes
total $21,485
-
11b · Fees: legal
total $3,460
-
11c · Fees: accounting
total $29,288
-
11d · Fees: lobbying
total $45,000
-
11g · Fees: other
total $2,964
-
12 · Advertising and promotion
total $6,691
-
13 · Office expenses
total $19,891
-
16 · Occupancy
total $28,694
-
17 · Travel
total $5,881
-
19 · Conferences, conventions and meetings
total $522
-
22 · Depreciation, depletion and amortization
total $517
-
23 · Insurance
total $9,544
-
24a · Other expenses: DUES AND SUBSCRIPTIONS
total $29,822
-
24b · Other expenses: PROGRAM EXPENSES
total $17,025
-
24c · Other expenses: LOAN GAIN/LOSS
total $1,000
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $127,750 · end of year $86,972
-
2 · Savings and temporary cash investments
beginning of year $1,924,524 · end of year $2,103,088
-
4 · Accounts receivable
end of year $21,250
-
9 · Prepaid expenses and deferred charges
beginning of year $24,660 · end of year $27,720
-
10a · Land, buildings and equipment: cost or other basis
$87,820
-
10b · Land, buildings and equipment: accumulated depreciation
$74,745
-
10c · Land, buildings and equipment, net
beginning of year $6,202 · end of year $13,075
-
11 · Investments: publicly traded securities
beginning of year $161,346
-
12 · Investments: other securities
beginning of year $35,000 · end of year $35,000
-
13 · Investments: program-related
beginning of year $15,766 · end of year $15,766
-
15 · Other assets
beginning of year $62,318 · end of year $32,406
-
17 · Accounts payable and accrued expenses
beginning of year $21,781 · end of year $17,825
-
19 · Deferred revenue
beginning of year $16,200 · end of year $78,145
-
25 · Other liabilities
beginning of year $66,627 · end of year $46,731
-
27 · Net assets without donor restrictions
beginning of year $2,237,958 · end of year $2,177,576
-
28 · Net assets with donor restrictions
beginning of year $15,000 · end of year $15,000
Mission and programs · 2024
Mission
PROMOTE, REPRESENT & ADVOCATE FOR THE COOPERATIVE WAY OF DOING BUSINESS
Activities or mission (Part I)
TO IMPROVE, FOSTER, AND PROMOTE THE BETTER UNDERSTANDING OF THE PRINCIPLES AND PRACTICES OF COOPERATIVES; TO DO ALL THINGS NECESSARY FOR THE ADVANCEMENT OF COOPERATIVES; TO PROMOTE THE INTERESTS OF THE MEMBERS OF COOPERATIVES; AND TO FOSTER AND PROMOTE FURTHER GROWTH AND STRENGTHENING OF COOPERATIVES.
-
THE TRUSTED VOICE FOR COOPERATIVES, COOPERATIVE NETWORK IS COMMITTED TO PROTECTING AND PROMOTING COOPERATIVE BUSINESSES AND THEIR SHARED COOPERATIVE PRINCIPLES. COOPERATIVE NETWORK KNOWS WE ARE STRONGER TOGETHER. OUR ULTIMATE GOAL IS TO OPTIMIZE THE VALUE WE PROVIDE TO OUR MEMBER COOPERATIVES IN MINNESOTA AND WISCONSIN. WE ARE COMMITTED TO MEETING THE NEEDS OF OUR MEMBERS BY PROVIDING WORLD-CLASS LEGISLATIVE AND REGULATORY ADVOCACY, A WIDE RANGE OF OPPORTUNITIES FOR LEARNING AND DEVELOPMENT AND CREATIVE LEADERSHIP IN PUBLIC AWARENESS.
As filed on the 2024 return.
Listed in Part VII
-
Daniel SmithDANIEL SMITH
PRESIDENT/CEO
- Total calculated
- $149,161
- From this org
- $149,161
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Dawn BauschDAWN BAUSCH
VP OF ADMINISTRATION
- Total calculated
- $112,896
- From this org
- $112,896
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Sadie FrericksSADIE FRERICKS
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Christa HoffmanCHRISTA HOFFMAN
BOARD VICE-CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Michelle GubserMICHELLE GUBSER
BOARD SECRETARY/TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Mike GolatMIKE GOLAT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Amanda HoeflingAMANDA HOEFLING
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Amber Horn-LeitermanAMBER HORN-LEITERMAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Bridget PetersenBRIDGET PETERSEN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jason OlsenJASON OLSEN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Shawn RedmanSHAWN REDMAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 11 December 2025
- IRS schema version
- 2024v5.0
- Source object
- 202533469349300723
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.