STRATEGY STUDIO / PUBLIC DATA EXPLORER

ECONOMIC CLUB OF MINNESOTA: Form 990, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
ECONOMIC CLUB OF MINNESOTA (EIN 26-3292945)
Tax period
2015-07-01 to 2016-06-30
Filed
2016-11-07
IRS object ID
201633129349302083
Schema version
2015v2.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2016-11-07T14:42:09-06:00ReturnTs
Tax Period End2016-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN463220328PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1AKINS HENKE AND COMPANYBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1600 INWOOD AVENUE NORTH SUITE 160AddressLine1Txt
CityOAKDALECityNm
State AbbreviationMNStateAbbreviationCd
ZIP55128ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2015-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN263292945EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ECONOMIC CLUB OF MINNESOTABusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlECONBusinessNameControlTxt
Phone6124326790PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line17730 ZANZIBAR LANE NORTHAddressLine1Txt
CityMINNEAPOLISCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55311ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKRISTIN ROBBINSPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone6124326790PhoneNum
Signature2016-11-04SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonGEORGIA AKINSPreparerPersonNm
PTINP00950359PTIN
Phone6516363806PhoneNum
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2017-02-10 21:41:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerKRISTIN ROBBINSPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line17730 ZANZIBAR LANE NORTHAddressLine1Txt
CityMINNEAPOLISCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55311ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$467,425GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.ECOMN.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2008FormationYr
Legal Domicile StateMNLegalDomicileStateCd
Activity Or MissionECONOMIC CLUB OF MINNESOTA PROVIDES PULIC EDUCATION ON ISSUES THAT AFFECT OUR ABILITY TO COMPETE IN THE GLOBAL ECONOMY.ActivityOrMissionDesc
Voting Members Governing Body9VotingMembersGoverningBodyCnt
Voting Members Independent9VotingMembersIndependentCnt
Total Employee4TotalEmployeeCnt
Total Volunteers12TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$207,349PYContributionsGrantsAmt
CY Contributions Grants$259,555CYContributionsGrantsAmt
PY Program Service Revenue$209,107PYProgramServiceRevenueAmt
CY Program Service Revenue$207,643CYProgramServiceRevenueAmt
PY Investment Income$271PYInvestmentIncomeAmt
CY Investment Income$227CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$416,727PYTotalRevenueAmt
CY Total Revenue$467,425CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$145,480PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$145,645CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$11,224CYTotalFundraisingExpenseAmt
PY Other Expenses$228,820PYOtherExpensesAmt
CY Other Expenses$311,546CYOtherExpensesAmt
PY Total Expenses$374,300PYTotalExpensesAmt
CY Total Expenses$457,191CYTotalExpensesAmt
PY Revenues Less Expenses$42,427PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$10,234CYRevenuesLessExpensesAmt
Total Assets BOY$350,953TotalAssetsBOYAmt
Total Assets EOY$355,720TotalAssetsEOYAmt
Total Liabilities BOY$67,630TotalLiabilitiesBOYAmt
Total Liabilities EOY$62,163TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$283,323NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$293,557NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE MISSION OF ECONOMIC CLUB OF MINNESOTA IS TO EDUCATE MEMBERS, SPONSORS, AND THE PUBLIC AS TO HOW AMERICA CAN IMPROVE ITS COMPETITIVENESS IN THE GLOBAL ECONOMY AND ITS EFFECTIVENESS AS A WORLD LEADER.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$369,917ExpenseAmt
Revenue$207,643RevenueAmt
DescTHE ECONOMIC CLUB OF MINNESOTA PROVIDES PUBLIC EDUCATION ON ISSUES THAT AFFECT OUR ABILITY TO COMPETE IN THE GLOBAL ECONOMY. WE HELD 8 PUBLIC LUNCHEONS THIS SEASON WITH AN ARRAY OF TOP-TIER NATIONAL AND INTERNATIONAL LEADERS. IN FISCAL YEAR 2016, ATTENDANCE AT EVENTS RANGED FROM 325-425 PER EVENT. IN ADDITION, AS OUR SPEAKER'S SCHEDULES PERMIT, WE ALSO LIKE TO HOST ADDITIONAL MEETINGS WITH STUDENTS, TOP BUSINESS LEADERS, THE LOCAL PRESS, AND TOURS OF AREA COMPANIES TO HELP THEM BETTER UNDERSTAND THE VITALITY OF MINNESOTA'S ECONOMY. WE OCCASIONALLY WRITE OPINION PIECES ON TOPICS IMPACTING THE GLOBAL ECONOMY.THIS WAS THE SECOND YEAR OF OUR YOUNG PROFESSIONALS CLUB (YPC) AND WE HOSTED TWO EVENTS FOR EMERGING BUSINESS LEADERS UNDER AGE 40. THE FIRST EVENT FEATURED ENTREPRENEUR AMY LANGER, THE CEO OF SALO, LLC, WHO DISCUSSED RISK-TAKING AND THE IMPORTANCE OF NETWORKING. THE SECOND EVENT FEATURED FORMER CONGRESSMAN TIM PENNY, WHO SPOKE ABOUT THE IMPACT OF THE NATIONAL DEBT ON MILLENNIALS AND TOOK THEIR MANY QUESTIONS ON THE TOPIC.WE CONTINUED TO INCREASE OUR SOCIAL MEDIA PRESENCE AND LOCAL MEDIA COVERAGE OF OUR EVENTS. THIS HIGHLIGHTS THE ECONOMIC ISSUES RAISED BY OUR SPEAKERS AND EXPANDS AWARENESS OF THESE IMPORTANT TOPICS, INCLUDING MONETARY POLICY, TRANSPORTATION, TRADE, AND FOOD SECURITY.THIS YEAR WE ADDED TWO NEW EVENTS. WE LAUNCHED OUR "CEO RECEPTION IN D.C.,"WHICH GIVES A MINNESOTA CEO THE OPPORTUNITY TO SPEAK TO A GROUP OF MINNESOTANS WHO WORK IN VARIOUS GOVERNMENTAL AND NON-GOVERNMENTAL AGENCIES IN WASHINGTON, D.C.. THIS EVENT ENCOURAGES NETWORKING AMONG MINNESOTANS WHO WORK IN VARIOUS ROLES IN OUR NATION'S CAPITOL AND GIVES A BUSINESS LEADER FROM MINNESOTA THE OPPORTUNITY TO EXPLAIN HOW VARIOUS POLICIES BEING CONSIDERED IN D.C. AFFECT (OR COULD AFFECT) THE ECONOMY IN MINNESOTA. WE ALSO ADDED A HALF-DAY CONFERENCE ON GLOBAL FOOD SECURITY CALLED OUR "FOOD SECURITY SUMMIT." MINNESOTA HAS A COMPARATIVE ADVANTAGE IN FOOD PRODUCTION, DISTRIBUTION AND RESEARCH IN AGRICULTURE AND FOOD SCIENCE, WHICH WE HIGHLIGHTED THROUGH A HALF-DAY CONFERENCE FEATURING TWO PANELS OF MINNESOTA CEOS. THE DISCUSSIONS WERE MODERATED BY A JOURNALIST FROM NEW YORK WHO HAS EXPERTISE IN THIS AREA. THE EVENT WAS VERY WELL-RECEIVED AND WE MAY DO SIMILAR EVENTS IN FUTURE YEARS.Desc
Total Program Service Expenses$369,917TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document2IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee4EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members9GoverningBodyVotingMembersCnt
Independent Voting Member9IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldMNStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1KRISTIN ROBBINSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6124326790PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line17730 ZANZIBAR LANE NORTHAddressLine1Txt
CityMINNEAPOLISCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55311ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (10 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
MARK KENNEDY
CHAIRMAN10.00Yes (X)Yes (X)$0$0$0
TIM PENNY
DIRECTOR-CO FOUNDER2.00Yes (X)$0$0$0
DAVE FRAUENSHUH
TREASURER5.00Yes (X)Yes (X)$0$0$0
STEVE SANGER
PRESIDENT2.00Yes (X)Yes (X)$0$0$0
ELLIOT JAFFEE
DIRECTOR2.00Yes (X)$0$0$0
MARTHA MACMILLAN
DIRECTOR2.00Yes (X)$0$0$0
DR CHRISTINE CUMMING
DIRECTOR2.00Yes (X)$0$0$0
MARK OLSON
DIRECTOR2.00Yes (X)$0$0$0
NEEL KASHKARI
DIRECTOR2.00Yes (X)$0$0$0
KRISTIN ROBBINS
EXECUTIVE DIRECTOR40.00Yes (X)$65,000$0$3,900
FieldValueIRS element (for citing)
Total Reportable Comp From Org$65,000TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$3,900TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$259,555AllOtherContributionsAmt
Total Contributions$259,555TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
MEMBER DUES900099$177,600$177,600
EVENT REVENUE900099$30,043$30,043
FieldValueIRS element (for citing)
Total Program Service Revenue$207,643TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$227TotalRevenueColumnAmt
Exclusion$227ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$467,425TotalRevenueColumnAmt
Related Or Exempt Func Income$207,643RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$227ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$67,980TotalAmt
Program Services$49,625ProgramServicesAmt
Management And General$15,603ManagementAndGeneralAmt
Fundraising$2,752FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$66,720TotalAmt
Program Services$36,510ProgramServicesAmt
Management And General$25,084ManagementAndGeneralAmt
Fundraising$5,126FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$656TotalAmt
Program Services$350ProgramServicesAmt
Management And General$152ManagementAndGeneralAmt
Fundraising$154FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$10,289TotalAmt
Program Services$6,566ProgramServicesAmt
Management And General$3,118ManagementAndGeneralAmt
Fundraising$605FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$11,730TotalAmt
Management And General$11,730ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$17,346TotalAmt
Program Services$14,864ProgramServicesAmt
Management And General$2,315ManagementAndGeneralAmt
Fundraising$167FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$7,468TotalAmt
Program Services$1,422ProgramServicesAmt
Management And General$5,682ManagementAndGeneralAmt
Fundraising$364FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$1,039TotalAmt
Program Services$553ProgramServicesAmt
Management And General$452ManagementAndGeneralAmt
Fundraising$34FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$8,500TotalAmt
Program Services$5,424ProgramServicesAmt
Management And General$2,577ManagementAndGeneralAmt
Fundraising$499FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$9,148TotalAmt
Program Services$8,852ProgramServicesAmt
Management And General$250ManagementAndGeneralAmt
Fundraising$46FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$2,939TotalAmt
Program Services$1,875ProgramServicesAmt
Management And General$891ManagementAndGeneralAmt
Fundraising$173FundraisingAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
EVENTS EXPENSE$248,323$243,846$3,173$1,304
FEES AND MISCELLANEOUS$5,053$30$5,023$0

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$457,191TotalAmt
Program Services$369,917ProgramServicesAmt
Management And General$76,050ManagementAndGeneralAmt
Fundraising$11,224FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$129,559BOYAmt
EOY$59,648EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$188,357BOYAmt
EOY$268,584EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,375BOYAmt
EOY$0EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$29,076BOYAmt
EOY$26,106EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$2,586BOYAmt
EOY$1,382EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$350,953BOYAmt
EOY$355,720EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$27,150BOYAmt
EOY$39,233EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$40,480BOYAmt
EOY$22,930EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$67,630BOYAmt
EOY$62,163EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$252,828BOYAmt
EOY$268,087EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$30,495BOYAmt
EOY$25,470EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$283,323BOYAmt
EOY$293,557EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$350,953BOYAmt
EOY$355,720EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$10,234ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$140,580CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$160,508CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$200,169CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$207,349CurrentTaxYearMinus1YearAmt
Current Tax Year$259,555CurrentTaxYearAmt
Total$968,161TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$140,580CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$160,508CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$200,169CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$207,349CurrentTaxYearMinus1YearAmt
Current Tax Year$259,555CurrentTaxYearAmt
Total$968,161TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$107,616SubstantialContributorsTotAmt
Public Support Total170$860,545PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$674CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$640CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$332CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$271CurrentTaxYearMinus1YearAmt
Current Tax Year$227CurrentTaxYearAmt
Total$2,144TotalAmt
FieldValueIRS element (for citing)
Total Support$970,305TotalSupportAmt
Gross Receipts Rltd Activities$1,119,336GrossReceiptsRltdActivitiesAmt
Public Support CY1700.88690PublicSupportCY170Pct
Public Support PY1700.86310PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$500,290TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$32,865DonatedServicesAndUseFcltsAmt
Revenue Not Reported$32,865RevenueNotReportedAmt
Revenue Subtotal$467,425RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$467,425TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$490,056TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$32,865DonatedServicesUseFcltsAmt
Expenses Not Reported$32,865ExpensesNotReportedAmt
Expenses Subtotal$457,191ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$457,191TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationECOM HAS TAX EXEMPT STATUS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND CORRESPONDING STATE TAX CODES. THE ORGANIZATION IS NOT A PRIVATE FOUNDATION AND CHARITABLE CONTRIBUTIONS BY DONORS ARE TAX DEDUCTIBLE. U.S. GAAP REQUIRES MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION AND HAS CONCLUDED THAT THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11THE 990 IS FIRST REVIEWED BY THE EXECUTIVE DIRECTOR AND THE EXECUTIVE COMMITTEE. WHEN IT IS IN FINAL FORM, IT IS SENT TO THE ENTIRE BOARD FOR REVIEW AND APPROVAL BEFORE FILING.
FORM 990, PART VI, SECTION B, LINE 12CCONFLICTS OF INTEREST ARE DISCUSSED AT EVERY BOARD MEETING. THE NOMINATING COMMITTEE DISCUSSES THE CONFLICT OF INTEREST WITH ANY NEW OR POTENTIAL BOARD MEMBERS BEFORE THE INDIVIDUAL IS INVITED TO JOIN THE BOARD. NEWLY APPOINTED BOARD MEMBERS MUST AGREE TO THE CONFLICT OF INTEREST POLICY. AT THE ANNUAL STAFF REVIEWS, COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY IS REVIEWED BY THE EXECUTIVE DIRECTOR AND THE EMPLOYEES.
FORM 990, PART VI, SECTION B, LINE 15THE EXECUTIVE DIRECTOR ANALYZES DATA FROM THE MINNESOTA COUNCIL ON NON-PROFITS' "NON-PROFIT ECONOMY REPORT," WHICH SHOWS WAGES AND BENEFITS IN VARIOUS SECTORS OF MINNESOTA'S NON-PROFIT COMMUNITY. IN ADDITION, SHE ALSO ANALYZES DATA AVAILABLE FROM THE BUREAU OF LABOR STATISTICS MIDWEST OFFICE ON NON-PROFIT PAY & BENEFITS, AS WELL AS INFORMATION FOUND ON SUCH OTHER WAGE AND BENEFITS SITES SUCH AS PAYSCALE.COM AND SALARY.COM. THIS INFORMATION IS GIVEN TO THE BOARD WITH A RECOMMENDATION AND THE BOARD DISCUSSES AND MAKES A DECISION ON SALARY AND BENEFITS ANNUALLY AT ITS JUNE MEETING. THE EXECUTIVE DIRECTOR AND OTHER STAFF ARE NOT PRESENT DURING THESE DISCUSSIONS AND THE DISCUSSIONS ARE RECORDED IN THE MINUTES OF THE MEETING.
FORM 990, PART VI, SECTION C, LINE 19ECONOMIC CLUB OF MINNESOTA MAKES THE FORM 990, GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.