Minnesota Commercial Association Of Real Estate
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 443,264 | 397,601 | 45,663 | 33.1 | 38% |
| 2012 | 441,759 | 396,414 | 45,345 | 35.1 | 37% |
| 2013 | 424,796 | 387,039 | 37,757 | 39.7 | 41% |
| 2014 | 461,809 | 456,942 | 4,867 | 31.5 | 45% |
| 2015 | 490,097 | 541,953 | −51,856 | 23.2 | 46% |
| 2016 | 491,902 | 470,400 | 21,502 | 26.7 | 50% |
| 2017 | 495,948 | 502,760 | −6,812 | 26.0 | 50% |
| 2018 | 505,129 | 510,108 | −4,979 | 22.2 | 51% |
| 2019 | 533,584 | 471,007 | 62,577 | 29.5 | 47% |
| 2020 | 400,998 | 363,096 | 37,902 | 43.6 | 59% |
| 2021 | 571,186 | 475,559 | 95,627 | 37.4 | 55% |
| 2022 | 598,363 | 529,479 | 68,884 | 31.8 | 47% |
| 2023 | 658,225 | 586,990 | 71,235 | 29.2 | 49% |
In its most recent public year (2023), this organization brought in $71,235 more than it spent. Its reserves stood at about 29.2 months of spending, down from 33.1 in 2011. Staff pay was 49% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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