Nonprofit · EIN 41-0783480
MINNESOTA SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS
Also known as Minnesota Society of Certified Public Accountants (Southern Chapter)
Tax-exempt · BLOOMINGTON, MN 55431
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| March 31, 2025 | 990 | $5,935,019 | $5,665,252 | $269,767 | $10,731,870 | $3,640,019 | $7,091,851 |
| March 31, 2024 | 990 | $6,090,529 | $6,263,241 | -$172,712 | $10,458,072 | $3,672,931 | $6,785,141 |
Financial details: 990 for the year ended March 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $5,445,254
- Investment income
- $308,830
- Net rental income
- $824
- Net gain from sales of assets
- $62,241
- Other revenue
- $180,935
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $454,173
- Other salaries and wages
- $1,740,271
- Salaries, compensation and benefits (total)
- $2,672,777
- Professional fundraising fees
- $0
- Accounting fees
- $27,500
- Occupancy
- $292,610
- Travel
- $21,584
- Depreciation
- $217,773
Balance sheet and other
- Total assets, start of year
- $10,458,072
- Total assets, end of year
- $10,731,870
- Total liabilities, end of year
- $3,640,019
- Net assets, end of year
- $7,091,851
- Land, buildings and equipment
- $832,123
- Publicly traded securities
- $6,354,533
- Net assets without donor restrictions
- $7,091,851
- Gross unrelated business income
- $85,408
- Gross receipts
- $7,522,065
- Employees
- 32
- Volunteers
- 867
- Year formed
- 1904
- 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 March 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LINDA WEDUL | PRESIDENT AN Officer | 40 | $231,103 | $50,457 |
| FAYE HAYHURST | DIR. OF FINA Officer | 40 | $153,826 | $26,714 |
| GENO FRAGNITO | DIR. OF GOVE Highest-paid employee | 40 | $144,317 | $28,061 |
| LYNN KLETSCHER | DIR. OF EDUC Highest-paid employee | 40 | $146,319 | $14,843 |
| STEPHANIE SCHMIDT | DIR OF MEMB Highest-paid employee | 40 | $124,021 | $29,639 |
| DAVID MASTEL | IT MANAGER Highest-paid employee | 40 | $104,140 | $33,155 |
| MISTY GARRICK | DIGITAL MANA Highest-paid employee | 40 | $114,462 | $19,067 |
| WARREN BOSTROM | CHAIR Trustee or director, Officer | 2 | $2,000 | $0 |
| ERIC O'LINK | CHAIR ELECT Trustee or director, Officer | 2 | $0 | $0 |
| SHAUNA ZWART | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| KARA HANSON | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| SARA DEROO | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| ROBERT CEDERGREN | PAST CHAIR Trustee or director | 2 | $0 | $0 |
| ANN BRADER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| DAVID BRAUER | DIRECTOR Trustee or director | 2 | $0 | $0 |
8 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CRAIG CHILCOTE | DIRECTOR Trustee or director | 2 | $0 |
| JERRY LEE | DIRECTOR Trustee or director | 2 | $0 |
| TREVOR LONG | DIRECTOR Trustee or director | 2 | $0 |
| LISA MILLER | DIRECTOR Trustee or director | 2 | $0 |
| BEN SCHLAUDERAFF | DIRECTOR Trustee or director | 2 | $0 |
| MATT SVENDSEN | DIRECTOR Trustee or director | 2 | $0 |
| JEN TINGLEY | DIRECTOR Trustee or director | 2 | $0 |
| CINDY WRECZA | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended March 31, 2024: 23 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LINDA WEDUL | PRESIDENT AN Officer | 40 | $269,418 | $50,009 |
| FAYE HAYHURST | DIR. OF FINA Officer | 40 | $148,636 | $27,269 |
| GENO FRAGNITO | DIR. OF GOVE Highest-paid employee | 40 | $144,651 | $25,238 |
| LYNN KLETSCHER | DIR. OF EDUC Highest-paid employee | 40 | $141,353 | $14,739 |
| STEPHANIE SCHMIDT | DIR OF MEMB Highest-paid employee | 40 | $121,525 | $29,174 |
| DAVID MASTEL | IT MANAGER Highest-paid employee | 40 | $100,750 | $24,016 |
| MISTY GARRICK | DIGITAL MANA Highest-paid employee | 40 | $100,852 | $19,829 |
| JEROME REUTZEL | DIRECTOR Trustee or director | 2 | $5,650 | $0 |
| WARREN BOSTROM | CHAIR ELECT Trustee or director, Officer | 2 | $1,850 | $0 |
| ROBERT CEDERGREN | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| STEPHANIE MARKERT | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| KARA HANSON | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| MATT SVENDSEN | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| CHARLES ESLER | PAST CHAIR Trustee or director | 2 | $0 | $0 |
| ANN BRADER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| DAVID BRAUER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| CRAIG CHILCOTE | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SARA DEROO | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JERRY LEE | DIRECTOR Trustee or director | 2 | $0 | $0 |
| TREVOR LONG | DIRECTOR Trustee or director | 2 | $0 | $0 |
| LISA MILLER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ERIC O'LINK | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SHAUNA ZWART | DIRECTOR Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1650 W 82ND ST STE 600, BLOOMINGTON, MN 55431-1458
- Mailing address (990-N for 2009)
- 150 Morris Hall, Mankato MN 56001
- Principal officer (990 for 2024)
- LINDA WEDUL, 1650 WEST 82ND STREET SUITE 600, BLOOMINGTON, MN 55431
- Principal officer (990-N for 2009)
- Byron Pike Treasurer, 150 Morris Hall, Mankato MN 56001
- Signed the 990
- LINDA WEDUL, PRESIDENT AND CEO
- Phone
- (952) 831-2707
- Website
- WWW.MNCPA.ORG
- Return prepared by
- BOYUM & BARENSCHEER PLLP
Mission
THE PURPOSE OF THE SOCIETY IS TO ELEVATE MEMBERS' IMPACT BY FOSTERING INTEGRITY, PROFESSIONAL GROWTH, AND CONNECTION, WHILE ADVOCATING FOR THE PROFESSION.
Program accomplishments
- EDUCATIONAL ACTIVITIES ENABLE MEMBERS AND NONMEMBERS TO MEET REGULATORY REQUIREMENTS, ENHANCE PERSONAL DEVELOPMENT, AND INCREASE KNOWLEDGE TO MEET THE NEEDS OF THE FINANCIAL AND BUSINESS COMMUNITY. ACTIVITIES INCLUDE LIVE SEMINARS, CONFERENCES, WEBINARS, AND ONSITE EDUCATION AND SALE OF SELF- STUDY PRODUCTS.
- MEMBERSHIP ACTIVITIES PROVIDED MORE THAN 7500 MEMBERS WITH OPPORTUNITIES FOR EDUCATION, PROFESSIONAL NETWORKING, CAREER ADVANCEMENT, AND PROMOTION OF THE CPA PROFESSION.
- COMMUNICATION ACTIVITIES INCLUDED THE PUBLICATION OF THE FOOTNOTE, THE MNCPA'S MAGAZINE FOR MEMBERS, PUBLICATION OF ELECTRONIC NEWSLETTERS, DEVELOPMENT AND MAINTENANCE OF THE MNCPA'S WEBSITE, WHICH DELIVERS INFORMATION TO THE GENERAL PUBLIC AS WELL AS ADDITIONAL CONTENT AND RESOURCES FOR MEMBERS, TRAINING FOR MEMBERS SPEAKING ON BEHALF OF THE CPA PROFESSION, AND THE DISTRIBUTION OF PROFESSION-RELATED PRESS RELEASES TO VARIOUS MEDIA OUTLETS. GOVERNMENT RELATIONS ACTIVITIES PROMOTED CPA INVOLVEMENT IN AND INFLUENCE ON THE POLITICAL PROCESS IN THE STATE OF MINNESOTA AND WITH MINNESOTA'S CONGRESSIONAL DELEGATION IN WASHINGTON. PROFESSIONAL STANDARDS ACTIVITIES INCLUDED ADMINISTRATION OF A PEER REVIEW PROGRAM, AND COORDINATION OF AN ETHICS PROGRAM TO ADDRESS COMPLAINTS AGAINST 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 March, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | March 31, 2026 | August 17, 2026 | Not on file |
| 2024 | March 31, 2025 | August 15, 2025 | 990 on file |
| 2023 | March 31, 2024 | August 15, 2024 | 990 on file |
IRS record
- EIN
- 41-0783480
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1981
- Accounting year ends
- March
- Files
- Form 990 or 990-EZ
- Group exemption
- 8020 (3 member organizations)
- Assets (IRS master file)
- $10,731,870
- Income (IRS master file)
- $7,522,065
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | March 2025 | $5,935,019 | $5,665,252 | $10,731,870 | XML |
| 990 | March 2024 | $6,090,529 | $6,263,241 | $10,458,072 | XML |
| 990 | March 2023 | $5,898,200 | $6,005,655 | $10,479,742 | IRS |
| 990 | March 2022 | – | – | – | IRS |
| 990 | March 2021 | – | – | – | IRS |
| 990 | March 2020 | – | – | – | IRS |
| 990 | March 2019 | – | – | – | IRS |
| 990-N for 2009 Officer: Byron Pike Treasurer | March 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 41-0783480).
Questions about MINNESOTA SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS
- What is the EIN of MINNESOTA SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS?
- The employer identification number (EIN) of MINNESOTA SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS is 41-0783480.
- Is MINNESOTA SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1981.
- Are donations to MINNESOTA SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does MINNESOTA SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS 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 SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS due?
- The return for tax year 2025 (the year ending March 31, 2026) is due August 17, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MINNESOTA SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended March 2025.
- Who is the principal officer of MINNESOTA SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS?
- The 990 for the year ended March 31, 2025 names LINDA WEDUL.
- Who are the officers and directors of MINNESOTA SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS?
- The 990 for the year ended March 31, 2025 lists 23 people; 8 received compensation from the organization, the highest $231,103 (LINDA WEDUL, PRESIDENT AN).
- How much revenue does MINNESOTA SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS have?
- On its 990 for the year ended March 31, 2025 it reported revenue of $5,935,019, expenses of $5,665,252 and total assets of $10,731,870 at year end.
Organizations in its group exemption (3)
- MINNESOTA SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS EIN 41-1405071 · BEMIDJI, MN · last filed 990-EZ for 2026
- MINNESOTA SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS EIN 41-1405069 · MANKATO, MN · last filed 990-N for 2025
- MINNESOTA SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS EIN 41-1405136 · DULUTH, MN · last filed 990-N for 2025
Other nonprofits in BLOOMINGTON
- HEALTHPARTNERS INC EIN 41-1693838 · last filed 990 for 2024
- GROUP HEALTH INC EIN 41-0797853 · last filed 990 for 2024
- REGIONS HOSPITAL EIN 41-0956618 · last filed 990 for 2024
- INTERNATIONAL OPERATING ENGINEERS UNION 49 HEALTH AND WELFARE FUND EIN 23-7015120 · last filed 990 for 2025
- CARPENTERS & JOINERS WELFARE FUND EIN 41-6024791 · last filed 990 for 2024
- PARK NICOLLET HEALTH SERVICES EIN 36-3465840 · last filed 990 for 2024
- BOILERMAKERS NATIONAL HEALTH & WELFARE FUND EIN 36-6090694 · last filed 990 for 2024
- LAKEVIEW MEMORIAL HOSPITAL ASSOCIATION INC EIN 41-0811697 · last filed 990 for 2024