Form 990 for tax year 2024
Filed by MINNESOTA EXPLORATION ASSOCIATION INC.
Totals
- Total revenue
- $455,786
- Total expenses
- $492,119
- Contributions and grants received
- $426,500
- Grants paid
- $0
- Program service revenue
- $19,809
- Investment income
- $9,477
- Other revenue
- $0
- Total assets, end of year
- $354,370
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $354,370
- Program services expenses (Part IX)
- $0
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- not reported
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.
-
1b · Membership dues
$426,500
-
2a · Program service revenue: Educational events
total $19,809 · unrelated business $0 · excluded $0
-
3 · Investment income
total $9,477 · unrelated business $0 · excluded $9,477
Functional expenses
Part IX, the statement of functional expenses.
-
6 · Compensation of disqualified persons
total $197,625 · program services $0 · management and general $0 · fundraising $0
-
11b · Fees: legal
total $10,000 · program services $0 · management and general $0 · fundraising $0
-
11c · Fees: accounting
total $3,405 · program services $0 · management and general $0 · fundraising $0
-
11g · Fees: other
total $140,605 · program services $0 · management and general $0 · fundraising $0
-
12 · Advertising and promotion
total $4,468 · program services $0 · management and general $0 · fundraising $0
-
13 · Office expenses
total $2,534 · program services $0 · management and general $0 · fundraising $0
-
17 · Travel
total $19,445 · program services $0 · management and general $0 · fundraising $0
-
19 · Conferences, conventions and meetings
total $3,871 · program services $0 · management and general $0 · fundraising $0
-
23 · Insurance
total $1,482 · program services $0 · management and general $0 · fundraising $0
-
24a · Other expenses: Events expense
total $33,903 · program services $0 · management and general $0 · fundraising $0
-
24b · Other expenses: Dues and memberships
total $24,351 · program services $0 · management and general $0 · fundraising $0
-
24c · Other expenses: Public relations
total $50,430 · program services $0 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $104,823 · end of year $58,739
-
2 · Savings and temporary cash investments
beginning of year $285,880 · end of year $295,631
-
27 · Net assets without donor restrictions
beginning of year $390,703 · end of year $354,370
Mission and programs · 2024
Mission
To benefit our communities and advance a sustainable future through responsible mining, processing, and domestic supply chain utilization of our mineral resources.
-
To promote and inform the public about nonferrous exploration and mining in Minnesota in a manner beneficial to its members
As filed on the 2024 return.
Listed in Part VII
-
Julie Lucas
Executive Director
- Total calculated
- $197,625
- From this org
- $197,625
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $172,125
- Bonus
- $25,500
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $197,625
-
Dean DeBeltz
President
- Total calculated
- $0
- Hours/week
- 1.5
-
Christie Kearney
Vice President
- Total calculated
- $0
- Hours/week
- 1.5
-
Larry Kramka
Secretary-Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Julian Collins
Director
- Total calculated
- $0
- Hours/week
- 1
-
Kathy Graul
Director
- Total calculated
- $0
- Hours/week
- 1
-
Bruce Richardson
Director
- Total calculated
- $0
- Hours/week
- 1
-
Colin Marsh
Director
- Total calculated
- $0
- Hours/week
- 1
-
Todd Malan
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jessica Johnson
Director
- Total calculated
- $0
- Hours/week
- 1
-
Michael Sturdy
Director
- Total calculated
- $0
- Hours/week
- 1
-
Rick Sandri
Director
- Total calculated
- $0
- Hours/week
- 1
-
Harry Noyes
Director
- Total calculated
- $0
- Hours/week
- 1
-
Lindsey Buran
Director
- Total calculated
- $0
- Hours/week
- 1
-
Stacey Green
Director
- Total calculated
- $0
- Hours/week
- 1
-
Tina Pint
Director
- Total calculated
- $0
- Hours/week
- 1
-
Kris Fredson
Director
- Total calculated
- $0
- Hours/week
- 1
-
Dave Chura
Director
- 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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 14 May 2025
- IRS schema version
- 2024v5.1
- Source object
- 202511349349304531
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