2012-04-24T11:30:41-05:00 2011-06-30 DELOITTE TAX LLP 50 SOUTH SIXTH STREET MINNEAPOLIS MN 554021538 990 2010-07-01 263292945 Economic Club of Minnesota ECON 6124326790 7730 Zanzibar Lane North Minneapolis MN 55311 Kristin J Robbins 6124326790 2012-04-24 1 Sarah Vogt 6123974000 2010 2016-02-24 21:20:13Z X Kristin J Robbins 7730 Zanzibar Lane North Minneapolis MN 55311 300252 0 X www.ecomn.org X 2008 MN Provide public education on economic issues 8 8 1 10 0 0 93773 281475 36887 18318 0 459 0 0 130660 300252 0 0 0 0 45789 76807 0 0 12015 96291 102074 142080 178881 -11420 121371 33737 185719 39769 70380 -6032 115339 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. 0 0 127270 18318 Economic Club of Minnesota offers forums on issues such as taxation, workforce development, education, healthcare, retirement security, innovation, free trade and foreign policy, which feature national and international speakers. The programs are interactive and include opportunities for members and sponsors to directly converse with the presenters. Economic Club of Minnesota desires to increase economic literacy through monthly speaker programs from September to May of each year. Economic Club of Minnesota held 8 public luncheons featuring national and international speakers on economic issues and how they impact our competitive position in the global economy. Economic Club of Minnesota served between 150-220 people at each event. 127270 1 1 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 3 0 1 1 1 0 0 0 0 0 1 1 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MN X Kristin Robbins 6124326790 7730 Zanzibar Lane North Minneapolis MN 55311 X Mark Kennedy 10.00 X X 0 0 0 Tim Penny 2.00 X 0 0 0 David Frauenshuh 5.00 X X 0 0 0 William Frenzel 2.00 X 0 0 0 Sid Verdoon 2.00 X 0 0 0 Elliot Jaffee 2.00 X 0 0 0 Martha McMillan 2.00 X 0 0 0 Paul Koch 2.00 X 0 0 0 Steve Sanger 2.00 X 0 0 0 0 0 0 0 0 0 0 0 139715 141760 281475 Event Revenue 900099 18318 18318 18318 459 459 300252 18318 0 459 72250 53408 8475 10367 1159 827 26 306 3398 2425 77 896 15095 15095 10462 6535 3748 179 3582 3409 173 5029 2413 2616 2004 549 1361 94 567 567 3013 3013 Venue and Luncheon Meal 61113 61113 Miscellaneous 1209 1209 178881 127270 39596 12015 28351 173914 2870 5125 240 4907 1065 1209 1942 1378 1211 564 33737 185719 4849 8360 34920 62020 39769 70380 X -6032 93739 21600 -6032 115339 33737 185719 121371 0 X 0 1 1 X 0 X 47440 66438 141760 255638 47440 66438 141760 255638 48395 207243 459 459 10525 36887 18318 65730 321827 218958 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1942 1378 564 564 UNEARNED REVENUE 62020 62020 300252 178881 121371 0 121371 300252 0 300252 0 300252 178881 0 178881 0 178881 Form 990, Part VI, Section B, line 11 A draft of the return is prepared by Deloitte Tax, LLP and reviewed by the Executive Director, Chairman, Treasurer and one director. The final copy is sent to the full board for review before being submitted to the IRS. 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, the compliance with the conflict of interest policy is reviewed by the Executive Director and the Director of Operations. 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 available to the public upon request.