ECONOMIC CLUB OF MINNESOTA: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization: ECONOMIC CLUB OF MINNESOTA (EIN 26-3292945)
Tax period: 2014-07-01 to 2015-06-30
Filed: 2015-11-16
IRS object ID: 201513209349303176
Schema version: 2014v5.0
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
Form 990
Schedule A
Schedule B
Schedule D
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2015-11-16T09:37:30-06:00	ReturnTs
Tax Period End	2015-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	463220328	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	AKINS HENKE AND COMPANY	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	600 INWOOD AVENUE NORTH SUITE 160	AddressLine1Txt
City	OAKDALE	CityNm
State Abbreviation	MN	StateAbbreviationCd
ZIP	55128	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2014-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	263292945	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	ECONOMIC CLUB OF MINNESOTA	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	ECON	BusinessNameControlTxt
Phone	6124326790	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	7730 ZANZIBAR LANE NORTH	AddressLine1Txt
City	MINNEAPOLIS	CityNm
State Abbreviation	MN	StateAbbreviationCd
ZIP	55311	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	KRISTIN ROBBINS	PersonNm
Person Title	EXECUTIVE DIRECTOR	PersonTitleTxt
Phone	6124326790	PhoneNum
Signature	2015-10-30	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	GEORGIA AKINS	PreparerPersonNm
PTIN	P00950359	PTIN
Phone	6516363806	PhoneNum

Field	Value	IRS element (for citing)
Tax	2014	TaxYr
Build TS	2016-02-25 16:41:14Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	KRISTIN ROBBINS	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	7730 ZANZIBAR LANE NORTH	AddressLine1Txt
City	MINNEAPOLIS	CityNm
State Abbreviation	MN	StateAbbreviationCd
ZIP	55311	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$416,727	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.ECOMN.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	2008	FormationYr
Legal Domicile State	MN	LegalDomicileStateCd
Activity Or Mission	ECONOMIC CLUB OF MINNESOTA PROVIDES PULIC EDUCATION ON ISSUES THAT AFFECT OUR ABILITY TO COMPETE IN THE GLOBAL ECONOMY.	ActivityOrMissionDesc
Voting Members Governing Body	9	VotingMembersGoverningBodyCnt
Voting Members Independent	9	VotingMembersIndependentCnt
Total Employee	3	TotalEmployeeCnt
Total Volunteers	0	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$200,169	PYContributionsGrantsAmt
CY Contributions Grants	$207,349	CYContributionsGrantsAmt
PY Program Service Revenue	$201,861	PYProgramServiceRevenueAmt
CY Program Service Revenue	$209,107	CYProgramServiceRevenueAmt
PY Investment Income	$332	PYInvestmentIncomeAmt
CY Investment Income	$271	CYInvestmentIncomeAmt
PY Other Revenue	$0	PYOtherRevenueAmt
CY Other Revenue	$0	CYOtherRevenueAmt
PY Total Revenue	$402,362	PYTotalRevenueAmt
CY Total Revenue	$416,727	CYTotalRevenueAmt
PY Grants And Similar Paid	$20,000	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$137,210	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$145,480	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$11,512	CYTotalFundraisingExpenseAmt
PY Other Expenses	$233,728	PYOtherExpensesAmt
CY Other Expenses	$228,820	CYOtherExpensesAmt
PY Total Expenses	$390,938	PYTotalExpensesAmt
CY Total Expenses	$374,300	CYTotalExpensesAmt
PY Revenues Less Expenses	$11,424	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$42,427	CYRevenuesLessExpensesAmt
Total Assets BOY	$299,281	TotalAssetsBOYAmt
Total Assets EOY	$350,953	TotalAssetsEOYAmt
Total Liabilities BOY	$58,385	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$67,630	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$240,896	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$283,323	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	THE 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 Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$303,005	ExpenseAmt
Revenue	$209,107	RevenueAmt
Desc	THE ECONOMIC CLUB OF MINNESOTA PROVIDES PUBLIC EDUCATION ON ISSUES THAT AFFECT OUR ABILITY TO COMPLETE IN THE GLOBAL ECONOMY. WE HELD 9 PUBLIC LUNCHEONS THIS SEASON WITH AN ARRAY OF TOP-TIER NATIONAL AND INTERNATIONAL LEADERS. IN FISCAL YEAR 2015 ATTENDANCE AT EVENTS RANGED FROM 300-400 PER EVENT. IN ADDITION, AS OUR SPEAKER'S SCHEDULES PERMIT, WE ALSO LIKE TO HOST STUDENT EVENTS AT AREA COLLEGES, UNIVERSITIES AND ADDITIONAL MEETINGS/TOURS TO HELP THEM BETTER UNDERSTAND THE VITALITY OF MINNESOTA'S ECONOMY. WE OCCASIONALLY WRITE OPINION PIECES ON TOPICS IMPACTING THE GLOBAL ECONOMY. THIS YEAR WE ALSO LAUNCHED OUR "YOUNG PROFESSIONALS CLUB (YPC)," WHICH WILL ENGAGE EMERGING BUSINESS LEADERS IN ECONOMICS THROUGH SMALLER EVENTS DESIGNED TO HELP THEM NETWORK, DISCUSS ECONOMIC ISSUES IN A SMALLER SETTING, AND ENABLE THEM TO MEET WITH MORE "SEASONED" BUSINESS LEADERS AND LEARN FROM THEIR EXPERIENCES. THIS YEAR WE INCREASED OUR PRESENCE ON SOCIAL MEDIA AND REGULARLY RE-POSTED NEWS ARTICLES, PIECES WRITTEN BY OUR SPEAKERS OR STUDIES ON ISSUES AFFECTING COMPETITIVENESS. WE CONTINUED OUR MEDIA OUTREACH EFFORTS AND INCREASED THE VISIBILITY OF THE CLUB AND THE ISSUES DEALT WITH BY OUR SPEAKERS, INCLUDING TRADE, MONETARY POLICY AND CURRENCY ISSUES.	Desc
Total Program Service Expenses	$303,005	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Temp Or Permanent Endowments	0	TempOrPermanentEndowmentsInd
Report Land Building Equipment	0	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	0	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	0	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With Officer Ent	0	BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	1	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	3	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	Yes (1)	QuidProQuoContributionsInd
Quid Pro Quo Contri Discl	Yes (1)	QuidProQuoContriDisclInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	9	GoverningBodyVotingMembersCnt
Independent Voting Member	9	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	Yes (1)	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	MN	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	KRISTIN ROBBINS	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	6124326790	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	7730 ZANZIBAR LANE NORTH	AddressLine1Txt
City	MINNEAPOLIS	CityNm
State Abbreviation	MN	StateAbbreviationCd
ZIP	55311	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (12 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
MARK KENNEDY
CHAIRMAN	10.00	Yes (X)	Yes (X)	$0	$0	$0
TIM PENNY
DIRECTOR	2.00	Yes (X)		$0	$0	$0
DAVE FRAUENSHUH
TREASURER	5.00	Yes (X)	Yes (X)	$0	$0	$0
WILLIAM FRENZEL 714 - 1114
DIRECTOR	4.00	Yes (X)		$0	$0	$0
STEVE SANGER
PRESIDENT	2.00	Yes (X)	Yes (X)	$0	$0	$0
ELLIOT JAFFEE
DIRECTOR	2.00	Yes (X)		$0	$0	$0
SID VERDOORN 7114 - 115
DIRECTOR	2.00	Yes (X)		$0	$0	$0
MARTHA MACMILLAN
DIRECTOR	2.00	Yes (X)		$0	$0	$0
CHRISTINE CUMMING
DIRECTOR	2.00	Yes (X)		$0	$0	$0
MARK OLSON
DIRECTOR	2.00	Yes (X)		$0	$0	$0
NARAYANA KOCHERLAKOTA
DIRECTOR	2.00	Yes (X)		$0	$0	$0
KRISTIN ROBBINS
EXECUTIVE DIRECTOR	40.00		Yes (X)	$62,000	$0	$1,860

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$62,000	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$1,860	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	0	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	0	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K	0	CntrctRcvdGreaterThan100KCnt
All Other Contributions	$207,349	AllOtherContributionsAmt
Total Contributions	$207,349	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
MEMBER DUES	900099	$177,385	$177,385
EVENT REVENUE	900099	$31,722	$31,722

Field	Value	IRS element (for citing)
Total Program Service Revenue	$209,107	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$271	TotalRevenueColumnAmt
Exclusion	$271	ExclusionAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$416,727	TotalRevenueColumnAmt
Related Or Exempt Func Income	$209,107	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$271	ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$65,920	TotalAmt
Program Services	$48,750	ProgramServicesAmt
Management And General	$13,922	ManagementAndGeneralAmt
Fundraising	$3,248	FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$67,939	TotalAmt
Program Services	$50,419	ProgramServicesAmt
Management And General	$12,239	ManagementAndGeneralAmt
Fundraising	$5,281	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$619	TotalAmt
Program Services	$377	ProgramServicesAmt
Management And General	$109	ManagementAndGeneralAmt
Fundraising	$133	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$770	TotalAmt
Program Services	$468	ProgramServicesAmt
Management And General	$138	ManagementAndGeneralAmt
Fundraising	$164	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$10,232	TotalAmt
Program Services	$7,592	ProgramServicesAmt
Management And General	$1,985	ManagementAndGeneralAmt
Fundraising	$655	FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$10,750	TotalAmt
Management And General	$10,750	ManagementAndGeneralAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$24,866	TotalAmt
Program Services	$19,461	ProgramServicesAmt
Management And General	$5,405	ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$6,041	TotalAmt
Program Services	$187	ProgramServicesAmt
Management And General	$5,448	ManagementAndGeneralAmt
Fundraising	$406	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$1,283	TotalAmt
Program Services	$846	ProgramServicesAmt
Management And General	$375	ManagementAndGeneralAmt
Fundraising	$62	FundraisingAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$8,250	TotalAmt
Program Services	$6,112	ProgramServicesAmt
Management And General	$1,610	ManagementAndGeneralAmt
Fundraising	$528	FundraisingAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$6,675	TotalAmt
Program Services	$5,778	ProgramServicesAmt
Management And General	$871	ManagementAndGeneralAmt
Fundraising	$26	FundraisingAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$2,770	TotalAmt
Program Services	$2,052	ProgramServicesAmt
Management And General	$541	ManagementAndGeneralAmt
Fundraising	$177	FundraisingAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt	FundraisingFundraisingAmt
EVENTS EXPENSE	$161,382	$160,493	$683	$206
FEES AND MISCELLANEOUS	$5,492	$470	$5,022
SPONSORSHIP & MEMBERSHI	$1,311		$685	$626

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$374,300	TotalAmt
Program Services	$303,005	ProgramServicesAmt
Management And General	$59,783	ManagementAndGeneralAmt
Fundraising	$11,512	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$84,150	BOYAmt
EOY	$129,559	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$188,087	BOYAmt
EOY	$188,357	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$5,250	BOYAmt
EOY	$1,375	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$20,566	BOYAmt
EOY	$29,076	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$1,228	BOYAmt
EOY	$2,586	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$299,281	BOYAmt
EOY	$350,953	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$27,295	BOYAmt
EOY	$27,150	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$31,090	BOYAmt
EOY	$40,480	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$58,385	BOYAmt
EOY	$67,630	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$208,086	BOYAmt
EOY	$252,828	EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$32,810	BOYAmt
EOY	$30,495	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$240,896	BOYAmt
EOY	$283,323	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$299,281	BOYAmt
EOY	$350,953	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$42,427	ReconcilationRevenueExpnssAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Public Organization170	Yes (X)	PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$141,760	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$140,580	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$160,508	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$200,169	CurrentTaxYearMinus1YearAmt
Current Tax Year	$207,349	CurrentTaxYearAmt
Total	$850,366	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$141,760	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$140,580	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$160,508	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$200,169	CurrentTaxYearMinus1YearAmt
Current Tax Year	$207,349	CurrentTaxYearAmt
Total	$850,366	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$114,405	SubstantialContributorsTotAmt
Public Support Total170	$735,961	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$459	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$674	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$640	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$332	CurrentTaxYearMinus1YearAmt
Current Tax Year	$271	CurrentTaxYearAmt
Total	$2,376	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$852,742	TotalSupportAmt
Gross Receipts Rltd Activities	$1,069,726	GrossReceiptsRltdActivitiesAmt
Public Support CY170	0.86310	PublicSupportCY170Pct
Public Support PY170	0.84960	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$0	TotalBookValueLandBuildingsAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$424,930	TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts	$8,203	DonatedServicesAndUseFcltsAmt
Revenue Not Reported	$8,203	RevenueNotReportedAmt
Revenue Subtotal	$416,727	RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt	$0	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$416,727	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$382,503	TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts	$8,203	DonatedServicesUseFcltsAmt
Expenses Not Reported	$8,203	ExpensesNotReportedAmt
Expenses Subtotal	$374,300	ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt	$0	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$374,300	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART X, LINE 2:	FormAndLineReferenceDesc
Explanation	ECOM 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 FROM 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. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE ORGANIZATION BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO FISCAL 2012.	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11	THE 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 12C	CONFLICTS 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 15	THE 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 19	ECONOMIC CLUB OF MINNESOTA MAKES THE FORM 990, GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.