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Nonprofit · EIN 41-0668016

GREATER MINNEAPOLIS BUILDING OWNERS & MANAGERS ASSOCIATION

Tax-exempt · MINNEAPOLIS, MN 55402

Financials

$978K$993K2023$1M$867K2024
Revenue Expenses · by fiscal year end
Financials of GREATER MINNEAPOLIS BUILDING OWNERS & MANAGERS ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,039,762$867,379$172,383$1,175,634$278,860$896,774
December 31, 2023990$977,854$993,240-$15,386$1,059,012$334,356$724,656
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$853,043
Investment income
$92,513
Net gain from sales of assets
$54,869
Net income from fundraising events
$94,206
Other revenue
$94,206

Expenses

Grants and similar amounts paid
$15,500
Compensation of officers, directors and key employees
$205,540
Other salaries and wages
$105,413
Salaries, compensation and benefits (total)
$345,438
Professional fundraising fees
$0
Legal fees
$65,226
Accounting fees
$29,770
Occupancy
$61,839
Travel
$1,874
Depreciation
$12,723

Balance sheet and other

Total assets, start of year
$1,059,012
Total assets, end of year
$1,175,634
Total liabilities, end of year
$278,860
Net assets, end of year
$896,774
Publicly traded securities
$892,278
Net assets without donor restrictions
$896,774
Gross unrelated business income
$21,657
Gross receipts
$8,110,962
Employees
5
Volunteers
0
Year formed
1948
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.

NameTitleHours / weekCompensationOther / benefits
SARAH ANDERSONPRESIDENT/CEO
Officer
40$179,666$26,034
MONIQUE SLAUGHTERDIRECTOR
Trustee or director
1$0$0
ADAM WARDENDIRECTOR
Trustee or director
1$0$0
LAURIE PAQUETTEDIRECTOR
Trustee or director
1$0$0
RAYMOND VAUGHNDIRECTOR
Trustee or director
1$0$0
KEVIN ROLFESDIRECTOR
Trustee or director
1$0$0
DEBORAH KOLARPAST CHAIR
Trustee or director, Officer
1$0$0
ALEXX SMITHBOARD VICE CHAIR
Trustee or director, Officer
1$0$0
LEE DAVISBOARD CHAIR
Trustee or director, Officer
1$0$0
JOHN BOICHDIRECTOR
Trustee or director
1$0$0
SETH REDFIELDBOARD TREASURER
Trustee or director, Officer
1$0$0
NATHAN REEDDIRECTOR
Trustee or director
1$0$0
BEN YARBROUGHDIRECTOR
Trustee or director
1$0$0
TAMI SHROYERDIRECTOR
Trustee or director
1$0$0
DARRELL BERRYDIRECTOR
Trustee or director
1$0$0
1 more people on this return
NameTitleHours / weekCompensation
RYAN MORRISDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 16 people
NameTitleHours / weekCompensationOther / benefits
SARAH ANDERSONPRESIDENT/CEO
Officer
40$177,668$20,944
MONIQUE SLAUGHTERDIRECTOR
Trustee or director
1$0$0
ADAM WARDENDIRECTOR
Trustee or director
1$0$0
LAURIE PAQUETTEDIRECTOR
Trustee or director
1$0$0
RAYMOND VAUGHNDIRECTOR
Trustee or director
1$0$0
KEVIN ROLFESDIRECTOR
Trustee or director
1$0$0
DEBORAH KOLARPAST CHAIR
Trustee or director, Officer
1$0$0
ALEXX SMITHBOARD VICE CHAIR
Trustee or director, Officer
1$0$0
LEE DAVISBOARD CHAIR
Trustee or director, Officer
1$0$0
JOHN BOICHDIRECTOR
Trustee or director
1$0$0
SETH REDFIELDBOARD TREASURER
Trustee or director, Officer
1$0$0
NATHAN REEDDIRECTOR
Trustee or director
0$0$0
BEN YARBROUGHDIRECTOR
Trustee or director
0$0$0
TAMI SHROYERDIRECTOR
Trustee or director
0$0$0
DARRELL BERRYDIRECTOR
Trustee or director
0$0$0
RYAN MORRISDIRECTOR
Trustee or director
0$0$0

Address and contacts

Address (IRS master file)
50 S 6TH ST STE 1301, MINNEAPOLIS, MN 55402-1503
Principal officer (990 for 2024)
SARAH ANDERSON, 50 S 6TH STREET 1301, MINNEAPOLIS, MN 554021503
Signed the 990
SARAH ANDERSON, PRESIDENT/CEO
Phone
(612) 338-8627
Return prepared by
OLSEN THIELEN & CO LTD

Mission

ADVOCACY, EDUCATION AND NETWORKING FOR COMMERCIAL REAL ESTATE PROFESSIONALS.

990 for the year ended December 31, 2024

Program accomplishments

  • THE ASSOCIATION PROVIDES EDUCATIONAL PROGRAMS AND SERVICES RELATIVE TO THE OWNERSHIP AND OPERATIONS OF BUILDINGS TO ITS MEMBERS. THE ASSOCIATION HELD APPROXIMATELY 32 EDUCATIONAL MEETINGS/SESSIONS PROVIDING A TOTAL OF 161 CEU'S TO OUR MEMBERS. WE HELD 10 NETWORKING EVENTS FOR OUR MEMBERS, INCLUDING A GALA AWARDS EVENT. WE PUBLISHED 6 NEWSLETTERS. DURING 2024, THE ORGANIZATION HAD 458 INDIVIDUAL MEMBERS, 200 BUILDING MEMBERS, AND 161 ENGINEERS ASSOCIATION MEMBERS.

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
41-0668016
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1948
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,175,634
Income (IRS master file)
$8,110,962

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,039,762$867,379$1,175,634XML
990December 2023$977,854$993,240$1,059,012XML
990December 2022$960,487$939,337$892,167IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 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 41-0668016).

Questions about GREATER MINNEAPOLIS BUILDING OWNERS & MANAGERS ASSOCIATION

What is the EIN of GREATER MINNEAPOLIS BUILDING OWNERS & MANAGERS ASSOCIATION?
The employer identification number (EIN) of GREATER MINNEAPOLIS BUILDING OWNERS & MANAGERS ASSOCIATION is 41-0668016.
Is GREATER MINNEAPOLIS BUILDING OWNERS & MANAGERS ASSOCIATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1948.
Are donations to GREATER MINNEAPOLIS BUILDING OWNERS & MANAGERS ASSOCIATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does GREATER MINNEAPOLIS BUILDING OWNERS & MANAGERS ASSOCIATION 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 GREATER MINNEAPOLIS BUILDING OWNERS & MANAGERS ASSOCIATION 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 GREATER MINNEAPOLIS BUILDING OWNERS & MANAGERS ASSOCIATION 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 GREATER MINNEAPOLIS BUILDING OWNERS & MANAGERS ASSOCIATION?
The 990 for the year ended December 31, 2024 names SARAH ANDERSON.
Who are the officers and directors of GREATER MINNEAPOLIS BUILDING OWNERS & MANAGERS ASSOCIATION?
The 990 for the year ended December 31, 2024 lists 16 people; 1 received compensation from the organization, the highest $179,666 (SARAH ANDERSON, PRESIDENT/CEO).
How much revenue does GREATER MINNEAPOLIS BUILDING OWNERS & MANAGERS ASSOCIATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,039,762, expenses of $867,379 and total assets of $1,175,634 at year end.

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