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Minnesota Technology Association

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

EIN: 411440301 ✦ Minneapolis, MN ✦ Designated as a 501(c)(6)

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Overview

What is Minnesota Technology Association?

The Minnesota Technology Association is a nonprofit organization based in Minneapolis, Minnesota. Its primary goal is to foster a vibrant, innovative, and inclusive technology ecosystem within Minnesota. They achieve this by providing exceptional talent, advocating for favorable public policies, and fostering a supportive technology community. The association accomplishes this through various programs, educational opportunities, and networking events that facilitate meaningful connections and career advancement. The Minnesota Technology Association also runs internship programs to support students in the STEM field and drive Minnesota's workforce development. In addition, they advocate for tech-related public policy issues at the state legislature and serve as the local affiliate of TECNA, the Technology Councils of North America. With a membership base that spans various technology sectors, from IT to advanced manufacturing, the association supports both established corporations and growing startups.


Official website here: www.mntech.org

Is Minnesota Technology Association legitimate?

Minnesota Technology Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Minnesota Technology 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: $393,758
Professional Fundraising Fees: $0
Other Salaries and Wages: $697,436

For more financial information, click here


Official website here: www.mntech.org

What is the mission statement of Minnesota Technology Association?

The Minnesota Technology Association's mission is to establish a more dynamic, innovative, and inclusive technology ecosystem. They achieve this by fostering the necessary connections, public policies, and collaborations required for the tech community to flourish. The association's efforts are geared towards enabling technology-driven businesses, professionals, and communities in Minnesota to thrive by providing exceptional talent, advocating for favorable policies, and fostering an inclusive technology environment. The Minnesota Technology Association offers a range of respected programs, educational opportunities, and networking events, which help in creating meaningful connections and facilitating career advancement. Furthermore, they run internship programs to assist students in the STEM field and contribute to the state's workforce development. The association also plays a significant role in advocating for tech-related public policy issues at the state legislature and serves as the local affiliate of TECNA, the Technology Councils of North America. Their diverse membership base includes companies working across various technology sectors, including IT, advanced manufacturing, life sciences, fintech, agtech, cleantech, and edtech, ranging from established corporations to budding startups.


Official website here: www.mntech.org

Who is the CEO of Minnesota Technology Association?

Jeff Tollefson is the President & Ceo of Minnesota Technology Association. The CEO's salary of Minnesota Technology Association is $225,815 and their total compensation is $257,030.


Official website here: www.mntech.org

What is the revenue of Minnesota Technology Association?

Minnesota Technology Association's revenue in 2022 was $2,367,285.


Official website here: www.mntech.org

Who are the executives of Minnesota Technology Association and what are their salaries?

The average compensation at Minnesota Technology Association during 2022 was $72,746. There are 15 employees and 45 volunteers at Minnesota Technology Association.


Here are 43 key members and their salaries (Minnesota Technology Association's CEO's salary is $225,815 and their total compensation is $257,030):


Jeff Tollefson (President & Ceo)
  • Compensation: $225,815
  • Related: $0
  • Other: $31,215
Lonni Ranallo (Vp Of Finance And Administration)
  • Compensation: $114,730
  • Related: $0
  • Other: $21,998
Cyrus Morton (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas Carnival (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Foppe (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tawanna Black (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Boeckenstedt (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Bailey (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trent Clausen (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Durham (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Engstrom (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Fisher (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teddy Bekele (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Hammes-Betti (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Howe (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Hudson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josh Jabs (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Johnson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tammylynne Jonas (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Joyce (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Kennedy Vickers (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sridhar Koneru (Board Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jake Krings (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Abdul (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chuck Lefebvre (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachel Lockett (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebecca Martin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Mathews (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Mattia (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Sameer Badlani (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anudeep Parhar (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Peterson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rakhi Purohit (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Reck (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Rence (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Seger (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ritu Sharma (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Micael Lacey (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamie Thingelstad (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Weirtz (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hany Omar (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wolfgang Lewis (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robin Brown (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mntech.org

Where can I find the form 990 for Minnesota Technology Association?

Minnesota Technology Association's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mntech.org

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

Mission Statement of Minnesota Technology Association

The Minnesota Technology Association, often referred to as MnTech, aims to establish a more vibrant, innovative, and inclusive technology ecosystem within Minnesota. To accomplish this, MnTech facilitates the necessary connections, public policies, and partnerships required for the tech community in Minnesota to prosper. By nurturing exceptional talent, advocating for dedicated public policies, and fostering an innovative and inclusive technology community, MnTech empowers Minnesota's technology-driven businesses, professionals, and communities to thrive.

MnTech creates meaningful connections and career advancement opportunities through its esteemed programs, educational offerings, and networking events. These initiatives enable tech professionals to connect and collaborate, ultimately driving innovation and growth within the tech sector. Furthermore, MnTech runs internship programs, assisting students in the STEM field in finding meaningful work and contributing to Minnesota's STEM workforce development.

In addition to its internship programs, MnTech plays a significant role in advocating for tech-related public policy issues before Minnesota's state legislature. As the local affiliate of TECNA, the Technology Councils of North America, MnTech represents the interests of Minnesota's tech industry, ensuring that the state's tech policies align with the needs of the community. With a diverse membership base that includes companies from various technology sectors, from IT and advanced manufacturing to fintech and edtech, MnTech is committed to accelerating growth, innovation, and the development of a strong, inclusive tech ecosystem in Minnesota.

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Impact




October, 2024

The Minnesota Technology Association significantly enhances the state's technology landscape by creating a more vibrant, innovative, and inclusive ecosystem. It connects technology-driven companies with exceptional talent and advocates for proactive public policies that support growth and innovation. By fostering a collaborative community among IT, advanced manufacturing, life sciences, fintech, agtech, cleantech, and edutech sectors, the association ensures that both established corporations and emerging startups can thrive.

Through various respected programs, educational opportunities, and networking events, the Minnesota Technology Association facilitates meaningful connections that drive career advancement. Their internship programs specifically assist STEM students in securing valuable work experiences, supporting the development of Minnesota's STEM workforce. Additionally, by actively influencing tech-related public policy at the state legislature, the association ensures that the needs and aspirations of the tech community are represented and prioritized. Overall, the Minnesota Technology Association plays a pivotal role in accelerating growth and fostering a strong, inclusive tech ecosystem across the state.




This information is meant to be a general summary of Minnesota Technology 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
$2,367,285 (2022)
Expenses
$2,326,570 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,791
  • Program Service Revenue: $2,364,077
  • Gross Receipts: $2,367,285

Assets and Liabilities:

  • Total Assets: $801,816
  • Total Liabilities: $425,496
  • Net Assets: $376,320

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Programs

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

PROGRAM GRANTS

Revenue

$998,379

EVENTS AND PROGRAMS

Revenue

$712,999

MEMBERSHIP DUES

Revenue

$652,699

Organization Details

Founding Year

1982

Principal Officer

Jeff Tollefson

Main Address

400 SOUTH 4TH STREET 416, MINNEAPOLIS, MN, 55415

NTEE Category

Code: S41 - Community improvement

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