50th & France Business & Professional Association

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

EIN: 411366251 ✦ Edina, MN ✦ Designated as a 501(c)(6)

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Overview

What is 50th & France Business & Professional Association?

The 50th & France Business & Professional Association is a nonprofit organization situated in Edina, Minnesota. Its primary purpose is to enhance the welfare and economic growth of the 50th and France Business District. By acting as a liaison between city districts, providing a platform for information exchange, and voicing opinions or concerns, the association aims to collectively achieve objectives that may not be possible individually. Members of the association benefit from a variety of perks, such as a website page, networking events, a monthly newsletter, advertising opportunities, and the promotion of business events on social media. The association also engages in beautification projects and drives changes in the district based on members' suggestions. In the areas of advertising, marketing, and promotion, operations, member communications, community relations, public relations, member services, development issues, and government relations, the association collectively works to improve the district's overall well-being. By fostering a collaborative environment, the 50th & France Business & Professional Association aims to bolster the success of its member businesses and contribute positively to the local community.


Official website here: www.50thandfrance.com

Is 50th & France Business & Professional Association legitimate?

50th & France Business & Professional Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. 50th & France Business & Professional 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.50thandfrance.com

What is the mission statement of 50th & France Business & Professional Association?

The 50th & France Business & Professional Association's mission is to enhance the overall welfare and economic prosperity of its business district. By working collectively, the association aims to achieve goals that would be difficult to achieve individually. This is accomplished through various areas of focus, including advertising, marketing, and promotion, operations, member communications, community relations, public relations, member services, development issues, and government relations.


Official website here: www.50thandfrance.com

Who is the CEO of 50th & France Business & Professional Association?

Ryan Weber is the Past President of 50th & France Business & Professional Association.


Official website here: www.50thandfrance.com

What is the revenue of 50th & France Business & Professional Association?

50th & France Business & Professional Association's revenue in 2022 was $431,773.


Official website here: www.50thandfrance.com

Who are the executives of 50th & France Business & Professional Association and what are their salaries?


Here are 9 key members and their salaries:


Ryan Weber (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jenifer Kent (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Deanovic (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrea Hunt (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patti Marrin (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jackie Wallin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lyndsey Jacques (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Giacomini (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Mann (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.50thandfrance.com

Where can I find the form 990 for 50th & France Business & Professional Association?

50th & France Business & Professional Association's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.50thandfrance.com

Learn more at the official website: www.50thandfrance.com

Mission Statement of 50th & France Business & Professional Association

The 50th & France Business & Professional Association, with a focus on its district, strives to enhance the overall well-being and economic prosperity of its businesses. This is achieved through collective efforts that surpass what could be accomplished individually. The association operates in various domains, including advertising, marketing, and promotion, member communications, community relations, public relations, member services, development issues, and government relations. By leveraging these areas, the association aims to achieve more substantial impact and growth for the businesses within the 50th & France Business District.

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Impact




October, 2024

The 50th & France Business & Professional Association significantly enhances the economic vitality and community engagement of the 50th and France business district in Edina, MN. By fostering collaboration among local businesses, the association enables members to achieve collective goals that would be challenging to accomplish individually.

Through various member benefits such as networking events, a monthly newsletter, and promotional opportunities on social media, the association cultivates a supportive environment for its members. This also includes beautification projects that enhance the attractiveness of the business district, contributing to a more inviting atmosphere for both residents and visitors.

Moreover, the association serves as a vital communication hub, providing a platform for members to voice concerns and opinions, while liaising with city officials and other districts. By advocating for the interests of its members in areas such as advertising, community relations, and government, the association ensures that local businesses are well-represented and their needs are addressed.

Ultimately, the impact of the 50th & France Business & Professional Association is multifaceted, driving economic growth, strengthening community ties, and enhancing the overall quality of life in the area through active involvement and collaboration among local businesses.




This information is meant to be a general summary of 50th & France Business & Professional 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.

Revenue
$431,773 (2022)
Expenses
$431,596 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $105
  • Program Service Revenue: $431,668
  • Gross Receipts: $431,773

Assets and Liabilities:

  • Total Assets: $98,564
  • Total Liabilities: $10,408
  • Net Assets: $88,156

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Programs

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

ART FAIR

Revenue

$271,196

MEMBERSHIP DUES

Revenue

$105,317

SPONSORSHIP INCOME

Revenue

$55,155

Organization Details

Founding Year

1941

Principal Officer

Ryan Weber

Main Address

3902 W 50TH ST SUITE C, EDINA, MN, 55424

NTEE Category

Code: S20 - Community improvement

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