Minnesota Crs Chapter Inc C/o Minnesota Association of Realtors

Nonprofit profile at a glance

EIN
411735320
IRS 990-EZ coverage
2010–2014
Forms available
Form 990-EZ 2014
Location
Edina, MN, USA
Phone
9529122664
Rating
68
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Real Estate Associations

Official website

Reported finances

Revenue
$45,217
Expenses
$57,685
Assets
$47,511
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2014. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • TOM SLUPSKE (PRESIDENT)
  • DAN BOMAN (PASE-PRESIDENT)

People named in this filing

  • TOM SLUPSKE (PRESIDENT)
  • DAN BOMAN (PASE-PRESIDENT)
  • SANDY MAXWELL (SECRETARY)

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 2014. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide member benefits enabling residential sales specialists to maximize their professional performance.

What it reported doing in 2014

Meetings during the year provide members with real estate continuing education. These meetings are held at local hotels and clubs. The meetings are led by the president and other officers in addition to guest speakers. Chapter members staff a booth at various local association events. They provide various educational information and promote membership.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Hybrid. The nonprofit split its reported program spending across 77% for direct work, and 23% for grants.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. A relatively small share of total spending goes to programs and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 63
  • Transparency & Controls: 82
  • Sustainability: 36
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 68.8%; rating input score 69
  • Program expense ratio: 53%; rating input score 53

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -27.6%; rating input score 17; 17th percentile among comparable filings
  • Total-asset coverage ratio: 0.82; rating input score 43; 43rd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 75; 75th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 57; 57th percentile among comparable filings

Growth

  • Program expense growth: -0.7% per year; rating input score 0; 49th percentile among comparable filings
  • Revenue growth: 6.7% per year; rating input score 100; 72nd percentile among comparable filings
  • Asset growth: -5.4% per year; rating input score 0; 30th percentile among comparable filings

Details

  • Where the money goes: 68.8% of revenue deployed · 53% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $31K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 5 filing years from 2010 to 2014
  • Contacts: How to reach this organization
  • 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.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Financial Efficiency: Program expense ratio scored 53/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Operating margin scored 17/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 43/100.
  • Review — Sustainability: Officer compensation ratio scored 57/100.