Minnesota Land Title Association

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

EIN: 416022792 ✦ Hastings, MN ✦ Designated as a 501(c)(6)

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Overview

What is Minnesota Land Title Association?

The Minnesota Land Title Association is a nonprofit organization dedicated to promoting and educating the public about the title industry. They achieve this by publishing a directory and an abstract manual, providing valuable resources for those involved in the industry. Furthermore, the association hosts open-to-the-public education seminars, fostering a deeper understanding of the title sector. Their mission is to continuously engage with the community and share knowledge, ultimately contributing to the growth and development of the title industry in Minnesota.


Official website here: www.mlta.org

Is Minnesota Land Title Association legitimate?

Minnesota Land Title Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Minnesota Land Title 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: $24,323
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.mlta.org

What is the mission statement of Minnesota Land Title Association?

The Minnesota Land Title Association serves to advocate for and enlighten the public about the title industry. They achieve this by releasing a directory and abstract manual, and by organizing open-forum educational seminars that are accessible to all. The association's primary goal is to promote and increase understanding of the title industry through these educational resources.


Official website here: www.mlta.org

Who is the CEO of Minnesota Land Title Association?

Jody Schimek is the President of Minnesota Land Title Association.


Official website here: www.mlta.org

What is the revenue of Minnesota Land Title Association?

Minnesota Land Title Association's revenue in 2022 was $244,638.


Official website here: www.mlta.org

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

There 30 volunteers at Minnesota Land Title Association.


Here are 8 key members and their salaries:


Richard Welshons (Sec/Treasurer)
  • Compensation: $9,500
  • Related: $0
  • Other: $0
Annmarie Arens (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jody Schimek (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Latasha Schipper (Executive Assistant)
  • Compensation: $14,583
  • Related: $0
  • Other: $0
Dawn Anderson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gavin Winter (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carl Langer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Gartland (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mlta.org

Where can I find the form 990 for Minnesota Land Title Association?

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


Official website here: www.mlta.org

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

Mission Statement of Minnesota Land Title Association

The Minnesota Land Title Association, a significant entity in the field, is dedicated to promoting and enriching the understanding of the title industry. It accomplishes this mission by publishing a comprehensive directory and abstract manual, serving as valuable resources for professionals within the industry. Furthermore, the association hosts public education seminars, providing a platform for open dialogue and knowledge sharing. Through these initiatives, the Minnesota Land Title Association plays a crucial role in fostering a well-informed community within the title industry.

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Impact




October, 2024

The Minnesota Land Title Association plays a vital role in the title industry by enhancing awareness and knowledge through various educational initiatives. By publishing a comprehensive directory and abstract manual, it provides invaluable resources for professionals and the public alike. The association also organizes open-to-the-public education seminars, fostering community engagement and understanding of title issues. These efforts contribute significantly to improving the overall expertise within the industry, promoting best practices, and ensuring that stakeholders are informed about processes that affect property ownership and transactions. As a result, the association not only elevates the standards of the title industry but also supports community improvement by ensuring transparency and education in property matters.




This information is meant to be a general summary of Minnesota Land Title 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
$244,638 (2022)
Expenses
$265,799 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $623
  • Program Service Revenue: $99,465
  • Gross Receipts: $244,638

Assets and Liabilities:

  • Total Assets: $496,447
  • Total Liabilities: $0
  • Net Assets: $496,447

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Programs

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

CONVENTION INCOME

Revenue

$77,193

EDUCATION INCOME

Revenue

$22,272

Organization Details

Founding Year

1908

Principal Officer

Jody Schimek

Main Address

C/O R WELSHONS 1250 N FRONTAGE ROAD, HASTINGS, MN, 55033

NTEE Category

Code: S47 - Community improvement

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