2026-01-27T11:00:45-06:00 2025-09-30 410746749 CLIFTONLARSONALLEN LLP 311 FINANCIAL WAY SUITE 100 WAUSAU WI 54401 990 2024-10-01 411609394 MINNESOTA SHOPPING CENTER ASSOCIATION MINN 9528883491 8120 PENN AVENUE SOUTH 550 BLOOMINGTON MN 55431 EMILY BECKER PRESIDENT 9528883491 2026-01-23 1 1 ANGELICA KRAUTKRAMER P02005570 7156752351 2026-01-23 2024 2025-03-06 01:10:19Z EMILY BECKER 8120 PENN AVENUE SOUTH 550 BLOOMINGTON MN 55431 487482 0 X HTTPS://WWW.MSCA-ONLINE.COM/ X 1988 MN TO PROVIDE A FORUM FOR EXCHANGE OF INFORMATION AMONG SHOPPING CENTER DEVELOPERS, OWNERS, MANAGERS, BROKERS, INVESTORS, RETAILERS, AND ALL PROFESSIONALS SERVING THE MINNESOTA RETAIL REAL ESTATE INDUSTRY FOR MUTUAL BENEFIT. 13 13 2 215 10200 5447 0 0 462599 486214 1067 1018 219 250 463885 487482 0 0 0 0 204532 187498 0 0 0 291071 312228 495603 499726 -31718 -12244 166087 153593 515 265 165572 153328 TO PROVIDE A FORUM FOR EXCHANGE OF INFORMATION AMONG SHOPPING CENTER DEVELOPERS, OWNERS, MANAGERS, BROKERS, INVESTORS, RETAILERS, AND ALL PROFESSIONALS SERVING THE MINNESOTA RETAIL REAL ESTATE INDUSTRY FOR MUTUAL BENEFIT. 0 0 PROMOTE CONFERENCES AND SEMINARS RELATING TO SHOPPING CENTER DEVELOPMENT AND INDUSTRY, APPROVED FOR CONTINUING REAL ESTATE EDUCATION CREDIT. ALSO HOLD MONTHLY THIRD THURSDAY NETWORKING EVENTS. HELD OCTOBER, NOVEMBER, JANUARY THROUGH JUNE, AUGUST AND SEPTEMBER. HOLD AN ANNUAL MEETING TO RECOGNIZE OUTSTANDING PROJECTS AND INDUSTRY LEADERS OF MINNESOTA RETAIL REAL ESTATE INDUSTRY DEVELOPMENT. PROGRAM AND PRODUCE BI-ANNUAL REPORTS DESCRIBING CURRENT STATE OF AND TRENDS IN THE SHOPPING CENTER INDUSTRY. 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 9 0 1 2 1 1 1 0 0 0 0 0 0 0 X 13 13 0 0 0 0 1 1 1 1 0 0 0 0 1 1 1 1 1 1 0 0 MN X KARLA KELLER TORP 9528883490 8120 PENN AVENUE SOUTH SUITE 550 BLOOMINGTON MN 55431 JEREMY WELTER PRESIDENT/PAST PRESIDENT 1.00 X X 0 0 0 MATT HAZELTON 1ST VP/PRESIDENT 1.00 X X 0 0 0 EMILY BECKER 2ND VP/1ST VP 1.00 X X 0 0 0 ROSEANNE HOPE SECRETARY (THROUGH NOV) 1.00 X X 0 0 0 ELLIOT CHRISTENSEN TREASURER 1.00 X X 0 0 0 BRENDA NEUENFELDT DIRECTOR/SECRETARY 1.00 X X 0 0 0 GREGORY HOUCK DIRECTOR (THROUGH NOV) 1.00 X 0 0 0 LEE KRUEGER DIRECTOR 1.00 X 0 0 0 GENEVIEVE LIESENER DIRECTOR/2ND VP 1.00 X X 0 0 0 MIKE STURDIVANT DIRECTOR (THROUGH NOV) 1.00 X 0 0 0 JOAN SUKO DIRECTOR 1.00 X 0 0 0 CORY VILLAUME DIRECTOR 1.00 X 0 0 0 EMILEE DECOTEAU PAST PRESIDENT/DIRECTOR (THROUGH NOV) 1.00 X X 0 0 0 ROB BARSE DIRECTOR 1.00 X 0 0 0 ALAN CATCHPOOL DIRECTOR 1.00 X 0 0 0 CHRISTINE EID DIRECTOR 1.00 X 0 0 0 JACKIE MILLER DIRECTOR 1.00 X 0 0 0 KARLA KELLER TORP EXECUTIVE DIRECTOR 40.00 X 146063 0 23115 146063 0 23115 1 0 1 0 0 EVENTS AND SEMINARS 541900 159905 159905 MEMBERSHIP DUES 541900 148379 148379 SPONSORSHIPS 541900 120700 110500 10200 PROGRAM AND SEMINARS 541900 49905 49905 RETAIL REPORT PROGRAM 541900 7325 7325 486214 1018 1018 OTHER INCOME 900099 250 250 250 487482 476014 10200 1268 X 175874 11624 9677 53538 417 54751 18123 22601 98139 7493 PROGRAM EXPENSES 40161 RETIAL REPORTS 5500 UBI TAX EXPENSE 820 1008 499726 103125 89613 62962 63980 24361 24361 0 0 166087 153593 515 265 515 265 X 0 0 0 0 165572 153328 165572 153328 166087 153593 -12244 0 X 0 0 0 0 1 1 148379 61492 61492 61492 24361 24361 0 0 X X 0 0 0 KARLA KELLER TORP EXECUTIVE DIRECTOR 146063 0 0 0 0 0 3624 0 19491 0 169178 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 MEMBERS CONSIST OF DUES PAYING INDIVIDUALS, PARTNERSHIPS, CORPORATIONS, LIMITED LIABILITY COMPANIES, OR OTHER ENTITIES WHICH ARE DETERMINED BY THE ASSOCIATION BOARD OF DIRECTORS TO BE IN THE BUSINESS OF OWNING, OPERATING, MANAGING, PLANNING, BUILDING, LEASING, AND/OR OTHER SIMILAR RELATED ACTIVITIES CONNECTED WITH RETAIL REAL ESTATE AND RETAIL SALES IN MINNESOTA. GENERAL MEMBER - EVERYONE COMPANY MUST HAVE ONE AND VOTING RIGHTS; AFFILIATE MEMBER - AFFILIATE MEMBER SHALL BE AN EMPLOYEE OF A GENERAL MEMBER; OUTSTATE MEMBER - MEMBERS LOCATED OUTSIDE THE FOLLOWING MINNESOTA TELEPHONE AREA CODES: 952, 763, 651, 612 AND HAS VOTING RIGHTS. ALL MEMBERS HAVE THE SAME RIGHTS AND PRIVILEGES EXCEPT FOR THE RIGHT TO VOTE. FORM 990, PART VI, SECTION A, LINE 7A THE GOVERNING BODY IS ELECTED BY MEMBERS BY BALLOT SUBMITTED TO VOTING AT LEAST SIXTY DAYS PRIOR TO EACH ASSOCIATION ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS VOTE ON CHANGES TO CORPORATE GOVERNANCE DOCUMENTS. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY THE PRESIDENT AND EXECUTIVE DIRECTOR EACH YEAR BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS BY A BOARD MEMBER, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE BOARD OR EXECUTIVE COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR EXECUTIVE COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. IF A CONFLICT EXISTS, THE PERSON MAY MAKE A PRESENTATION AT THE MEETING, BUT MUST LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION WITH THE POTENTIAL INTEREST. IF A CONFLICT EXISTS, THE NAME OF THE PERSON AND NATURE OF THE FINANCIAL INTEREST IN THE BOARD MINUTES. THE CONFLICT OF INTEREST POLICY MUST BE SIGNED ANNUALLY BY EACH DIRECTOR, PRINCIPAL OFFICER, AND MEMBER OF A COMMITTEE WITH BOARD-DELEGATED POWERS. FORM 990, PART VI, SECTION B, LINE 15A EXECUTIVE DIRECTOR PAY IS DETERMINED THROUGH BOARD DELIBERATION, AS WELL AS REFERENCE TO INDUSTRY STANDARDS AND DATA, JOB RESPONSIBILITIES AND ACCOMPLISHMENTS. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2025. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G ADVERTISING SERVICES 51,000. PAYROLL SERVICES 2,538.