Nonprofit · EIN 27-3217413
MINNESOTA COMMERCIAL ASSOCIATION OF REAL ESTATE
Tax-exempt · EDINA, MN 55435
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $639,434 | $567,013 | $72,421 | $1,705,652 | $280,330 | $1,425,322 |
| December 31, 2023 | 990 | $658,225 | $586,990 | $71,235 | $1,736,822 | $307,347 | $1,429,475 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $571,870
- Investment income
- $31,448
- Net income from fundraising events
- $36,116
- Other revenue
- $36,116
Expenses
- Grants and similar amounts paid
- $1,500
- Compensation of officers, directors and key employees
- $84,155
- Other salaries and wages
- $199,005
- Salaries, compensation and benefits (total)
- $350,426
- Professional fundraising fees
- $0
- Accounting fees
- $13,880
- Occupancy
- $21,181
- Depreciation
- $13,053
Balance sheet and other
- Total assets, start of year
- $1,736,822
- Total assets, end of year
- $1,705,652
- Total liabilities, end of year
- $280,330
- Net assets, end of year
- $1,425,322
- Land, buildings and equipment
- $19,020
- Publicly traded securities
- $1,280,028
- Net assets without donor restrictions
- $1,425,322
- Gross receipts
- $677,458
- Employees
- 4
- Volunteers
- 9
- Year formed
- 2010
- 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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MATTHEW ANFANG | EXECUTIVE DIRECTOR Officer | 18 | $170,088 | $16,922 |
| KEVIN SALMEN | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| BRYAN BELTRAND | IMMEDIATE PAST PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| LEIF ARONSEN | PAST PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| JEN HELM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHAEL HOUGE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAN MUELLER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ELIJAH WIEBERDINK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ERICKA MILLER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN MCKENNA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ELENA BRANCA | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MATTHEW ANFANG | EXECUTIVE DIRECTOR Officer | 18 | $159,946 | $16,827 |
| SUE SCANLON | DIRECTOR OF ACCOUNTING/OFF Highest-paid employee | 18 | $118,479 | $27,517 |
| KEVIN SALMEN | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| BRYAN BELTRAND | IMMEDIATE PAST PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| LEIF ARONSEN | PAST PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| HUDSON BROTHEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JEN HELM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHAEL HOUGE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TATE KROSSCHELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAN MUELLER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ELIJAH WIEBERDINK | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 6600 FRANCE AVE S STE 603, EDINA, MN 55435-1821
- Mailing address (990-N for 2010)
- 6800 France Ave S, Suite 760, Edina MN 55435
- Principal officer (990 for 2024)
- MATTHEW ANFANG, 6600 FRANCE AVE S 603, EDINA, MN 55435
- Principal officer (990-N for 2010)
- Dara Rudick, 6800 France Ave S, Suite 760, Edina MN 55435
- Signed the 990
- MATTHEW ANFANG, EXECUTIVE DIRECTOR
- Phone
- (952) 908-1787
- Website
- www.mncar.org
- Return prepared by
- OLSEN THIELEN & CO LTD
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.
Program accomplishments
- MN COMMERCIAL ASSOCIATION OF REAL ESTATE PROMOTES THE COMMON BETTERMENT AND BUSINESS INTERESTS OF REAL ESTATE LICENSEES IN MINNESOTA WHO SPECIALIZE IN COMMERCIAL AND INDUSTRIAL REAL ESTATE AND TO ASSIST THOSE MEMBERS IN PROVIDING SPECIALIZED SERVICES AND INFORMATION. MNCAR ALSO OFFERS THE SAME PROGRAMS AND SERVICES TO PROFESSIONALS AND BUSINESS PEOPLE AFFILIATED WITH THE COMMERCIAL AND INDUSTRIAL REAL ESTATE INDUSTRY.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.
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 27-3217413
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2010
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S41)
- Assets (IRS master file)
- $1,705,652
- Income (IRS master file)
- $677,458
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $639,434 | $567,013 | $1,705,652 | XML |
| 990 | December 2023 | $658,225 | $586,990 | $1,736,822 | XML |
| 990 | December 2022 | $598,363 | $529,479 | $1,726,547 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990-N for 2010 Officer: Dara Rudick | December 31, 2010 | ≤ $50,000 receipts | – | – | e-Postcard |
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 27-3217413).
Questions about MINNESOTA COMMERCIAL ASSOCIATION OF REAL ESTATE
- What is the EIN of MINNESOTA COMMERCIAL ASSOCIATION OF REAL ESTATE?
- The employer identification number (EIN) of MINNESOTA COMMERCIAL ASSOCIATION OF REAL ESTATE is 27-3217413.
- Is MINNESOTA COMMERCIAL ASSOCIATION OF REAL ESTATE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2010.
- Are donations to MINNESOTA COMMERCIAL ASSOCIATION OF REAL ESTATE tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does MINNESOTA COMMERCIAL ASSOCIATION OF REAL ESTATE 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 MINNESOTA COMMERCIAL ASSOCIATION OF REAL ESTATE due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MINNESOTA COMMERCIAL ASSOCIATION OF REAL ESTATE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of MINNESOTA COMMERCIAL ASSOCIATION OF REAL ESTATE?
- The 990 for the year ended December 31, 2024 names MATTHEW ANFANG.
- Who are the officers and directors of MINNESOTA COMMERCIAL ASSOCIATION OF REAL ESTATE?
- The 990 for the year ended December 31, 2024 lists 11 people; 1 received compensation from the organization, the highest $170,088 (MATTHEW ANFANG, EXECUTIVE DIRECTOR).
- How much revenue does MINNESOTA COMMERCIAL ASSOCIATION OF REAL ESTATE have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $639,434, expenses of $567,013 and total assets of $1,705,652 at year end.
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All nonprofits in EDINA · Minnesota · Community improvement and capacity building