Nonprofit · EIN 26-3292945
ECONOMIC CLUB OF MINNESOTA
Tax-exempt · PLYMOUTH, MN 55446
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $390,264 | $491,030 | -$100,766 | $599,139 | $12,571 | $586,568 |
| June 30, 2024 | 990 | $345,658 | $406,466 | -$60,808 | $692,021 | $4,687 | $687,334 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $246,074
- Program service revenue
- $123,150
- Investment income
- $21,040
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $155,480
- Other salaries and wages
- $74,733
- Salaries, compensation and benefits (total)
- $253,189
- Professional fundraising fees
- $0
- Accounting fees
- $12,857
- Travel
- $29
- Program services (functional)
- $334,349
- Management and general (functional)
- $107,513
- Fundraising (functional)
- $49,168
Balance sheet and other
- Total assets, start of year
- $692,021
- Total assets, end of year
- $599,139
- Total liabilities, end of year
- $12,571
- Net assets, end of year
- $586,568
- Net assets without donor restrictions
- $533,612
- Net assets with donor restrictions
- $52,956
- Gross receipts
- $390,264
- Employees
- 2
- Volunteers
- 4
- Year formed
- 2008
- State of legal domicile
- MN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KATE RESCHENBERG | EXECUTIVE DIRECTOR Officer | 40 | $125,000 | $16,379 |
| NEEL KASHKARI | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| TIMOTHY PENNY | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| ELLIOT JAFFEE | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| JEANNINE RIVET | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| DR CHRISTINE CUMMING | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARTHA MACMILLAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ERIK PAULSEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KATE KELLY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SRI ZAHEER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BEN OMOROGBE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RONALD SCHUTZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| STEVE SANGER | CHAIRMAN EMERITUS Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 13 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KATE RESCHENBERG | EXECUTIVE DIRECTOR Officer | 40 | $132,775 | $17,737 |
| NEEL KASHKARI | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| TIMOTHY PENNY | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| ELLIOT JAFFEE | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| JEANNINE RIVET | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| DR CHRISTINE CUMMING | DIRECTOR Trustee or director | 1 | $0 | $0 |
| STEVE SANGER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARTHA MACMILLAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ERIK PAULSEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KATE KELLY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BEN OMOROGBE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SRI ZAHEER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RONALD SCHUTZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 4830 ITHACA LN N, PLYMOUTH, MN 55446-3438
- In care of
- % KRISTIN ROBBINS
- Principal officer (990 for 2024)
- KATE RESCHENBERG, 4830 ITHACA LANE NORTH, PLYMOUTH, MN 55446
- Signed the 990
- KATE RESCHENBERG, EXECUTIVE DIRECTOR
- Phone
- (612) 386-9128
- Website
- WWW.ECOMN.ORG
- Return prepared by
- AKINS HENKE AND COMPANY
Mission
THE ECONOMIC CLUB OF MINNESOTA (ECOM) PROVIDES A HIGH-PROFILE, NON-PARTISAN PLATFORM FOR NATIONAL AND INTERNATIONAL LEADERS IN BUSINESS, GOVERNMENT AND PUBLIC POLICY TO PRESENT THEIR IDEAS ON HOW MINNESOTA CAN BETTER COMPETE IN THE GLOBAL ECONOMY AND HOW AMERICA CAN MOST EFFECTIVELY PROVIDE WORLD LEADERSHIP ON ECONOMIC AND STRATEGIC ISSUES.
Program accomplishments
- THE ECONOMIC CLUB OF MINNESOTA PROVIDES PUBLIC EDUCATION ON ISSUES THAT AFFECT OUR ABILITY TO COMPETE IN THE GLOBAL ECONOMY. DURING OUR 2024-2025 SEASON (FY25) WE PROVIDED 8 IN PERSON EVENTS THAT WERE ALSO LIVESTREAMED. WE HELD 3 YOUNG PROFESSIONAL IN PERSON EVENTS.Expenses $334,349 · revenue $123,150
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 26-3292945
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2009
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Social science (V22)
- Assets (IRS master file)
- $599,139
- Income (IRS master file)
- $390,264
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $390,264 | $491,030 | $599,139 | IRS |
| 990 | June 2024 | $345,658 | $406,466 | $692,021 | XML |
| 990 | June 2023 | $409,521 | $425,205 | $754,732 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-3292945).
Questions about ECONOMIC CLUB OF MINNESOTA
- What is the EIN of ECONOMIC CLUB OF MINNESOTA?
- The employer identification number (EIN) of ECONOMIC CLUB OF MINNESOTA is 26-3292945.
- Is ECONOMIC CLUB OF MINNESOTA tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
- Are donations to ECONOMIC CLUB OF MINNESOTA tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ECONOMIC CLUB OF MINNESOTA file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ECONOMIC CLUB OF MINNESOTA due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ECONOMIC CLUB OF MINNESOTA last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of ECONOMIC CLUB OF MINNESOTA?
- The 990 for the year ended June 30, 2025 names KATE RESCHENBERG.
- Who are the officers and directors of ECONOMIC CLUB OF MINNESOTA?
- The 990 for the year ended June 30, 2025 lists 13 people; 1 received compensation from the organization, the highest $125,000 (KATE RESCHENBERG, EXECUTIVE DIRECTOR).
- How much revenue does ECONOMIC CLUB OF MINNESOTA have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $390,264, expenses of $491,030 and total assets of $599,139 at year end.
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