Police Officers Federation of Minneapolis
Nonprofit profile at a glance
- EIN
- 416050243
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Minneapolis, MN, USA
- Phone
- 6127888444
- Rating confidence
- Limited
Reported finances
- Revenue
- $973,474
- Expenses
- $862,873
- Assets
- $2,200,022
- Liabilities
- $87,200
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
13 people listed
Executive titles in this filing
- SHERRAL MILLER-SCHMIDT (PRESIDENT)
- ANNA HEDBERG (VICE PRESIDENT)
- DAVID GARMAN (VICE PRESIDENT)
Highest reported compensation
- EMILY EWALD KOKX (OFFICE MANAGER/ADMIN ASST): $96,766 total reported compensation
- SHERRAL MILLER-SCHMIDT (PRESIDENT): $43,006 total reported compensation
- RICHARD WALKER (TREASURER): $21,503 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Always with the goal of working toward a safer, more livable city, our mission is to improve working conditions for our members - police officers who work in minneapolis - and to make certain their rights are protected.
What it reported doing in 2024
To improve the working conditions for police officers in minneapolis, Minnesota. The federation is the sole bargaining agent to approximately 900 police officers.
Operating model
- Revenue model
- Earned-program. 92% of the money available for current operations came from fees and other program revenue.
- 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: 89
- Accountability: 82
- Sustainability: 58
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 88.9%; rating input score 89; 4th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 5 of 9 controls in place; rating input score 56
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 11.4%; rating input score 64; 64th percentile among comparable filings
- Total-asset coverage ratio: 2.55; rating input score 71; 71st percentile among comparable filings
- Liabilities to assets ratio: 0.04; rating input score 55; 55th percentile among comparable filings
- Officer compensation ratio: 30.4%; rating input score 7; 7th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 1.4% per year; rating input score 100; 21st percentile among comparable filings
- Asset growth: 3.7% per year; rating input score 100; 33rd percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 10 of 10 board members independent · 5 of 9 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $97K · 13 people listed
- Consistency: 11 of 12 current checks pass · 1 finding to review
- Schedules: 4 filed schedules
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 14 filed money-flow records
- Related organizations: 3 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Governance controls: 3 of 8 not reported.
- Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
- High — Sustainability: Officer compensation ratio scored 7/100.
- Review — Sustainability: Liabilities to assets ratio scored 55/100.