Minnesota Commercial Association of Realtors Inc
Nonprofit profile at a glance
- EIN
- 411772159
- IRS 990-EZ coverage
- 2019–2024
- Forms available
- Form 990 2018, Form 990-EZ 2024
- Location
- Edina, MN, USA
- Phone
- 9529081787
- Rating confidence
- Limited
- Sector
- Chambers of Commerce & Business Leagues
Reported finances
- Revenue
- $95,000
- Expenses
- $86,125
- Assets
- $341,414
- Liabilities
- $178,948
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- MIKE BOBICK (PRESIDENT)
- ROB DAVIS (IMMEDIATE PAST PRESIDENT)
- MATTHEW ANFANG (EXECUTIVE DIRECTOR)
People named in this filing
- NANCY FLICEK (DIRECTOR)
- ERIC O'BRIEN (DIRECTOR)
- MIKE BOBICK (PRESIDENT)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Mncar is a cooperative commercial real estate community. With a track record of providing the most accurate information, future-focused education, and invaluable connections, mncar's reputation is second to none.
What it reported doing in 2024
A. Mn commercial association of realtors provides accurate information and future-focused education and cooperation among Minnesota commercial realtors, in order to develop standards of conduct, leadership and advancement. Mncar's vision is to be the preeminent resource connecting knowledgeable commercial real estate brokers in Minnesota. We aim to serve as a flagship to other real estate associations and to provide industry leadership nationwide.
Operating model
- Revenue model
- Membership-supported. 99% of the money available for current operations came from membership dues.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 82
- Sustainability: 60
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 9.3%; rating input score 61; 61st percentile among comparable filings
- Total-asset coverage ratio: 3.96; rating input score 80; 80th percentile among comparable filings
- Liabilities to assets ratio: 0.52; rating input score 9; 9th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -3.2% per year; rating input score 0; 39th percentile among comparable filings
- Asset growth: -3.4% per year; rating input score 0; 28th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 5 filing years from 2019 to 2024
- Contacts: How to reach this organization
- Related organizations: 2 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 9/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.