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Nonprofiteer
← MINNESOTA CENTER FOR EMPLOYEE OWNERSHIP

Form 990-EZ for tax year 2022

Filed by MINNESOTA CENTER FOR EMPLOYEE OWNERSHIP.

Totals

Total revenue
$193,885
Total expenses
$165,971
Contributions and grants received
$192,117
Grants paid
not reported
Program service revenue
not reported
Membership dues (line 3)
not reported
Investment income (line 4)
$192
Gain or loss on sale of assets (line 5c)
not reported
Gaming and fundraising events, net (line 6d)
$1,576
Gross profit on inventory sales (line 7c)
not reported
Other revenue (line 8)
not reported
Total assets, end of year
$153,337
Total liabilities, end of year
$7,611
Net assets or fund balances, end of year
$145,726
Program service expenses (Part III)
$53,045

Program services were 32.0% of total expenses calculated — Part III's total program service expenses over total expenses, both as filed.

Mission and programs · 2022

Primary exempt purpose

MINNESOTA CENTER FOR EMPLOYEE OWNERSHIP, INC. (MNCEO) IS AN EDUCATIONAL NONPROFIT CORPORATION THAT IS DEDICATED TO PROTECTING JOBS, INCREASING COMMUNITY WEALTH, AND CREATING A MORE VIBRANT, INCLUSIVE ECONOMY.

  • EMPLOYEE OWNERSHIP IS A CRITICAL TOOL TO ACHIEVE THESE GOALS. BY EDUCATING THE PUBLIC ON EMPLOYEE OWNERSHIP, WE HOPE TO PROMOTE EQUITY AND INCLUSION BY EXPANDING ECONOMIC OPPORTUNITY, PARTICULARLY FOR THE BENEFIT OF TRADITIONALLY DISADVANTAGED GROUPS.

    Expenses $53,045

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part IV

  • Kirsten Kennedy

    EXECUTIVE DIRECTOR

    Total calculated
    $21,800
    Compensation
    $18,600
    Benefit plans
    $3,200
    Expense account
    $0
    Hours/week
    30
  • Sue Crockett

    CHAIR

    Total calculated
    $56,385
    Compensation
    $56,385
    Benefit plans
    $0
    Expense account
    $0
    Hours/week
    20
  • Fred Caslavka

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Andy Daly

    STRATEGIC ADVISORY COMMITTEE

    Total calculated
    $0
    Hours/week
    1
  • Kyla Hansen

    EDUCATION COMMITTEE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Roger Ryberg

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Steve Storkan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part IV of the Form 990-EZ: compensation, contributions to benefit plans, expense account, 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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990_ez
Tax year
2022
Filed
12 July 2023
IRS schema version
2022v5.0
Source object
202302009349200215

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