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Nonprofit · EIN 41-1263666

ECONOMIC DEVELOPMENT ASSOICATION OF MINNESOTA

Tax-exempt · MINNEAPOLIS, MN 55416

Financials

$267K$203K2021$306K$294K2023$322K$303K2024
Revenue Expenses · by fiscal year end
Financials of ECONOMIC DEVELOPMENT ASSOICATION OF MINNESOTA by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$322,001$303,294$18,707$335,833$111,932$223,901
December 31, 2023990$305,985$293,594$12,391$289,792$84,598$205,194
December 31, 2021990$266,744$202,963$63,781$218,307$59,303$159,004
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$31,950
Program service revenue
$288,154
Investment income
$1,897
Other revenue
$0

Expenses

Grants and similar amounts paid
$1,000
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$2,050
Travel
$295

Balance sheet and other

Total assets, start of year
$289,792
Total assets, end of year
$335,833
Total liabilities, end of year
$111,932
Net assets, end of year
$223,901
Gross receipts
$322,001
Employees
0
Volunteers
89
Year formed
1973
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 / weekCompensation
CHRISTY LEWISPRESIDENT
Trustee or director, Officer
1$0
ERIC MAASSFIRST VICE PRESIDENT
Trustee or director, Officer
1$0
KEITH DAHLSECOND VICE PRESIDENT
Trustee or director, Officer
1$0
KATI BACHMAYERPAST PRESIDENT
Trustee or director, Officer
1$0
TIM KORBYDIRECTOR
Trustee or director
1$0
MEREDITH UDOIBOKDIRECTOR
Trustee or director
1$0
LUCAS EVENSONDIRECTOR
Trustee or director
1$0
RICK HOWDENDIRECTOR
Trustee or director
1$0
DANIELA LORENZDIRECTOR
Trustee or director
1$0
DEANNA KUENNENDIRECTOR
Trustee or director
1$0
JENN BREWINGTONDIRECTOR
Trustee or director
1$0
RON BARZEDIRECTOR
Trustee or director
1$0
SAM MARKMANDIRECTOR
Trustee or director
1$0
EMILY NYGRENDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 14 people
NameTitleHours / weekCompensation
SAMANTHA DIMAGGIOPAST PRESIDENT
Trustee or director, Officer
1$0
ERIC MAASSDIRECTOR
Trustee or director
1$0
TIM KORBYDIRECTOR
Trustee or director
1$0
CHRISTY LEWISFIRST VICE PRESIDENT
Trustee or director, Officer
1$0
MEREDITH UDOIBOKDIRECTOR
Trustee or director
1$0
KATI BACHMAYERPRESIDENT
Trustee or director, Officer
1$0
LUCAS EVENSONDIRECTOR
Trustee or director
1$0
RICK HOWDENDIRECTOR
Trustee or director
1$0
KEITH DAHLDIRECTOR
Trustee or director
1$0
DANIELA LORENZDIRECTOR
Trustee or director
1$0
VIRGINIA RUTTERSECOND VICE PRESIDENT
Trustee or director, Officer
1$0
KRISTI THORFINNSONDIRECTOR
Trustee or director
1$0
DEANNA KUENNENDIRECTOR
Trustee or director
1$0
SAMANTHA MARKMANDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2021: 15 people
NameTitleHours / weekCompensation
SAMANTHA DIMAGGIOFIRST VICE PRESIDENT
Trustee or director, Officer
1$0
KIM LINDQUISTPAST PRESIDENT
Trustee or director, Officer
1$0
ERIC MAASSDIRECTOR
Trustee or director
1$0
MORGAN HILLPRESIDENT
Trustee or director, Officer
1$0
TIM KORBYDIRECTOR
Trustee or director
1$0
CHRISTY LEWISDIRECTOR
Trustee or director
1$0
MEREDITH UDOIBOKDIRECTOR
Trustee or director
1$0
KATI BACHMAYERSECOND VICE PRESIDENT
Trustee or director, Officer
1$0
LUCAS EVENSONDIRECTOR
Trustee or director
1$0
LING BECKER RESIGNEDDIRECTOR
Trustee or director
1$0
RICK HOWDENDIRECTOR
Trustee or director
1$0
LINSEY PREUSSDIRECTOR
Trustee or director
1$0
JASON BRISSONDIRECTOR
Trustee or director
1$0
KEITH DAHLDIRECTOR
Trustee or director
1$0
KATHI SCHAFFDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
4248 PARK GLEN RD, MINNEAPOLIS, MN 55416-4758
In care of
% MEGAN BARNETT-LIVGARD
Principal officer (990 for 2024)
CHRISTY LEWIS, 4248 PARK GLEN ROAD, MINNEAPOLIS, MN 55416
Signed the 990
CHRISTY LEWIS, PRESIDENT
Phone
(952) 928-4640
Return prepared by
SMITH SCHAFER & ASSOCIATES LTD

Mission

TO CHAMPION ECONOMIC DEVELOPMENT IN MINNESOTA THROUGH EDUCATION, COLLABORATION, AND ADVOCACY. EDAM IS A PROFESSIONAL ASSOCIATION OF INDIVIDUALS AND ORGANIZATIONS THROUGHOUT THE STATE OF MINNESOTA WHO SHARE THIS MISSION. WE PURSUE OUR MISSION BY PROVIDING ECONOMIC DEVELOPMENT PROFESSIONALS A FORUM FOR EXCHANGING INFORMATION AND STAYING ABREAST OF CURRENT ECONOMIC DEVELOPMENT STRATEGIES AND PRACTICES AND BY PROVIDING ECONOMIC DEVELOPERS WITH VALUABLE NETWORKING AND EDUCATIONAL OPPORTUNITIES. EDAM MEMBERS ARE LEADING ECONOMIC DEVELOPERS IN THE STATE OF MINNESOTA. EDAM CONSULTS WITH THE STATE ON PUBLIC POLICY ISSUES RELATED TO ECONOMIC DEVELOPMENT AND HELPS CONTINUALLY DEFINE AND IMPROVE THE PROFESSION.

990 for the year ended December 31, 2024

Program accomplishments

  • EDAM HOSTS SEMINARS THAT PROVIDE NETWORKING AND EDUCATION TO ITS MEMBERS AS WELL AS A WINTER AND A SUMMER CONFERENCE WITH BREAKOUT EDUCATIONAL SESSIONS THAT PROVIDE ADDITIONAL OPPORTUNITIES FOR NETWORKING AND PROFESSIONAL ADVANCEMENT FOR ITS MEMBERS.
    Expenses $121,585 · revenue $288,154

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
41-1263666
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1996
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$335,833
Income (IRS master file)
$322,001

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$322,001$303,294$335,833XML
990December 2023$305,985$293,594$289,792XML
990December 2022$278,119$244,320$281,010IRS
990December 2021$266,744$202,963$218,307XML
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 41-1263666).

Questions about ECONOMIC DEVELOPMENT ASSOICATION OF MINNESOTA

What is the EIN of ECONOMIC DEVELOPMENT ASSOICATION OF MINNESOTA?
The employer identification number (EIN) of ECONOMIC DEVELOPMENT ASSOICATION OF MINNESOTA is 41-1263666.
Is ECONOMIC DEVELOPMENT ASSOICATION OF MINNESOTA tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1996.
Are donations to ECONOMIC DEVELOPMENT ASSOICATION OF MINNESOTA tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does ECONOMIC DEVELOPMENT ASSOICATION 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 DEVELOPMENT ASSOICATION OF MINNESOTA 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 ECONOMIC DEVELOPMENT ASSOICATION OF MINNESOTA 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 ECONOMIC DEVELOPMENT ASSOICATION OF MINNESOTA?
The 990 for the year ended December 31, 2024 names CHRISTY LEWIS.
Who are the officers and directors of ECONOMIC DEVELOPMENT ASSOICATION OF MINNESOTA?
The 990 for the year ended December 31, 2024 lists 14 people; 0 received compensation from the organization.
How much revenue does ECONOMIC DEVELOPMENT ASSOICATION OF MINNESOTA have?
On its 990 for the year ended December 31, 2024 it reported revenue of $322,001, expenses of $303,294 and total assets of $335,833 at year end.

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