Overview
What is Minnesota Retailers Association?
The Minnesota Retailers Association, headquartered in Saint Paul, Minnesota, is a statewide organization dedicated to the retail sector. Comprising retailers as its members, its primary purpose is to safeguard and elevate the retail industry's standing. The association achieves this by taking a proactive role in formulating public policy and regulatory measures that affect its members. It strives to enhance the industry's public image and offers valuable information, services, and support, thereby boosting its members' profitability. With a small workforce of just two individuals, the Minnesota Retailers Association plays a significant role in preserving and enhancing the retail industry within Minnesota.
Official website here: www.mnretail.org
Is Minnesota Retailers Association legitimate?
Minnesota Retailers Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Minnesota Retailers Association 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: $157,550
Professional Fundraising Fees: $0
Other Salaries and Wages: $39,868
For more financial information, click here
Official website here: www.mnretail.org
What is the mission statement of Minnesota Retailers Association?
The Minnesota Retailers Association aims to preserve and enhance the retail industry. They achieve this by taking a significant leadership role in shaping public policy and regulatory measures that affect their members. The organization works to improve the public image of the retail industry and provides valuable information, services, and support that contribute to the profitability of its members. The Minnesota Retailers Association serves as a statewide association, representing retailers and promoting their interests while offering relevant information and various related services.
Official website here: www.mnretail.org
Who is the CEO of Minnesota Retailers Association?
Bruce Nustad is the Chair of Minnesota Retailers Association.
Official website here: www.mnretail.org
What is the revenue of Minnesota Retailers Association?
Minnesota Retailers Association's revenue in 2022 was $435,158.
Official website here: www.mnretail.org
Who are the executives of Minnesota Retailers Association and what are their salaries?
The average compensation at Minnesota Retailers Association during 2022 was $98,709. There are 2 employees at Minnesota Retailers Association.
Here are 25 key members and their salaries:
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- Compensation: $152,823
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- Other: $9,452
Official website here: www.mnretail.org
Where can I find the form 990 for Minnesota Retailers Association?
Minnesota Retailers Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mnretail.org
Learn more at the official website: www.mnretail.org
Mission Statement of Minnesota Retailers Association
Minnesota Retailers Association, an organization comprised of retailers, aims to preserve and enhance the vital retail industry in the state. They accomplish this mission by taking a significant leadership role in the development of public policy and regulatory measures that impact their members. By doing so, they aim to enhance the public image of the retail industry. Furthermore, Minnesota Retailers Association provides its members with relevant information and a variety of related services, aiming to add value and profitability to their businesses.
In essence, the Minnesota Retailers Association acts as an advocate for its members, working to shape policies and regulations that benefit the retail sector. They also work to improve the public perception of retail, recognizing the important role it plays in the economy. Additionally, the association offers valuable information and services to its members, helping them operate more effectively and profitably. In this way, the Minnesota Retailers Association serves as a vital resource and support network for retailers in the state.
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Impact
October, 2024
The Minnesota Retailers Association has a significant impact on the retail landscape in the state by promoting and enhancing the industry through strategic leadership in public policy and regulatory measures. By advocating for the interests of retailers, the association ensures that its members are informed and supported in navigating the complexities of the retail environment.
The association plays a vital role in enhancing the public image of the retail industry, highlighting its contributions to the community and economy. Through various services and resources, the Minnesota Retailers Association adds value and profitability to its members, equipping them with the tools needed to thrive.
Additionally, its efforts in community improvement contribute to a vibrant retail sector, fostering growth and sustainability for retailers across Minnesota. The association's commitment to preserving and enhancing the retail industry not only benefits its members but also strengthens the overall economic fabric of the state.
This information is meant to be a general summary of Minnesota Retailers Association. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $10,493
- Program Service Revenue: $313,742
- Gross Receipts: $444,023
Assets and Liabilities:
- Total Assets: $690,168
- Total Liabilities: $333,675
- Net Assets: $356,493
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBER FEES
Revenue
$247,403
ASSOCIATION MEMBER FEE
Revenue
$45,619
MEMBERSHIP SERVICES &
Revenue
$15,720
OTHER PROGRAMS
Revenue
$5,000
Organization Details
Founding Year
1952
Phone
(651) 227-6631Principal Officer
Bruce Nustad
Main Address
380 SAINT PETER STREET 1050, SAINT PAUL, MN, 55102
Website
www.mnretail.orgNTEE Category
Code: S41 - Community improvement
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