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Minnesota Commercial Association Of Real Estate

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 273217413 ✦ Edina, MN ✦ Designated as a 501(c)(6)

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Overview

What is Minnesota Commercial Association Of Real Estate?

Minnesota Commercial Association of Real Estate (MNCAR) is a nonprofit organization situated in Edina, Minnesota. Its primary objective is to foster mutual growth and business interests among real estate licensees who specialize in commercial and industrial properties within the state. MNCAR extends its programs and services to professionals and businesses associated with this sector, aiming to provide specialized information and services. The organization's vision is to serve as a prominent resource, connecting knowledgeable commercial real estate brokers in Minnesota, and to establish itself as a leading figure in the real estate industry nationwide. MNCAR has a commendable reputation for delivering accurate information, forward-thinking education, and valuable connections, making it a trusted name in the community. With a team of 5 employees, MNCAR is committed to supporting its members and contributing to the commercial real estate industry in Minnesota.


Official website here: www.mncar.org

Is Minnesota Commercial Association Of Real Estate legitimate?

Minnesota Commercial Association Of Real Estate is a legitimate nonprofit organization registered as a 501(c)(6) entity. Minnesota Commercial Association Of Real Estate submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $73,005
Professional Fundraising Fees: $0
Other Salaries and Wages: $177,131

For more financial information, click here


Official website here: www.mncar.org

What is the mission statement of Minnesota Commercial Association Of Real Estate?

The Minnesota Commercial Association of Real Estate (MNCAR) serves to promote the common betterment and business interests of commercial real estate licensees in Minnesota, specializing in commercial and industrial real estate. The organization is renowned for offering accurate information, future-focused education, and invaluable connections, earning it a strong reputation within the industry. MNCAR aims to be a leading resource for knowledgeable commercial real estate brokers, providing industry leadership nationwide. Additionally, the association extends its programs and services to professionals and business people associated with the commercial and industrial real estate industry.


Official website here: www.mncar.org

Who is the CEO of Minnesota Commercial Association Of Real Estate?

Matthew Anfang is the Executive Director of Minnesota Commercial Association Of Real Estate.


Official website here: www.mncar.org

What is the revenue of Minnesota Commercial Association Of Real Estate?

Minnesota Commercial Association Of Real Estate's revenue in 2022 was $598,363.


Official website here: www.mncar.org

Who are the executives of Minnesota Commercial Association Of Real Estate and what are their salaries?

The average compensation at Minnesota Commercial Association Of Real Estate during 2022 was $50,027. There are 5 employees and 150 volunteers at Minnesota Commercial Association Of Real Estate.


Here are 11 key members and their salaries:


Matthew Anfang (Executive Director)
  • Compensation: $153,050
  • Related: $0
  • Other: $9,184
Sue Scanlon (Director Of Accounting/Office Mgmt)
  • Compensation: $111,575
  • Related: $0
  • Other: $18,639
Kevin Salmen (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryan Beltrand (Immediate Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leif Aronsen (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hudson Brothen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jen Helm (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Houge (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tate Krosschell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Mueller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elijah Wieberdink (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mncar.org

Where can I find the form 990 for Minnesota Commercial Association Of Real Estate?

Minnesota Commercial Association Of Real Estate's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mncar.org

Learn more at the official website: www.mncar.org

Mission Statement of Minnesota Commercial Association Of Real Estate

Minnesota Commercial Association of Real Estate, commonly known as MNCAR, is dedicated to fostering the collective betterment and business interests of commercial real estate licensees in Minnesota. This organization, recognized for its reliability, focuses on delivering accurate information, forward-thinking education, and invaluable connections. MNCAR's reputation is built on its commitment to supporting commercial and industrial real estate specialists and professionals associated with the industry.

The mission of MNCAR is multifaceted. It aims to serve as a cooperative community for commercial real estate professionals in Minnesota, providing them with specialized services and information. By doing so, MNCAR seeks to assist its members in excelling in their respective fields. Beyond its member base, MNCAR extends its programs and services to professionals and business people affiliated with the commercial and industrial real estate industry. MNCAR's vision is to establish itself as a leading resource for knowledgeable commercial real estate brokers in Minnesota, acting as a beacon for other real estate associations and showcasing industry leadership on a national scale.

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Impact




October, 2024

The Minnesota Commercial Association of Real Estate (MNCAR) plays a crucial role in enhancing the commercial real estate landscape in Minnesota. By promoting the common betterment and business interests of commercial real estate licensees, MNCAR provides essential support and resources that empower its members to excel in their specialized fields. The association serves as a hub for knowledge-sharing, offering accurate information, future-focused education, and invaluable connections among industry professionals.

MNCAR's vision positions it as a preeminent resource for commercial real estate brokers, establishing a network that not only fosters collaboration but also elevates industry standards across the state. This strong community framework aids in the professional development of its members, which in turn leads to improved services for clients and stakeholders in the commercial and industrial real estate sectors. Through its efforts, MNCAR enhances the overall business environment, contributing to community improvement and economic vitality in Minnesota.




This information is meant to be a general summary of Minnesota Commercial Association Of Real Estate. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$598,363 (2022)
Expenses
$529,479 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $22,671
  • Program Service Revenue: $542,187
  • Gross Receipts: $860,797

Assets and Liabilities:

  • Total Assets: $1,726,547
  • Total Liabilities: $321,742
  • Net Assets: $1,404,805

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBERSHIP DUES

Revenue

$206,410

SPONSORSHIPS

Revenue

$134,600

ANNUAL EXPO

Revenue

$132,096

EDUCATION SEMINARS

Revenue

$34,772

OTHER MEMBER EVENTS

Revenue

$26,885

Organization Details

Founding Year

2010

Principal Officer

Matthew Anfang

Main Address

6600 FRANCE AVE S 603, EDINA, MN, 55435

NTEE Category

Code: S41 - Community improvement

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