Overview
What is Central Mn Educational Research And Development Council?
Central Mn Educational Research And Development Council is a nonprofit organization situated in St. Cloud, Minnesota. Their primary focus is on cooperative volume purchasing, leveraging the buying power of over 100 schools to secure competitive prices for various educational products and services. This includes on-demand purchasing solutions, ensuring schools have access to necessary items when needed. The Council also provides on-demand product fulfillment through partnerships with various vendors. Their mission is to serve the educational community by offering the best possible solutions, combining volume purchasing, expert support services, and strategic technologies. This helps schools maximize their resources and enhance their educational offerings.
Official website here: www.erdc
Is Central Mn Educational Research And Development Council legitimate?
Central Mn Educational Research And Development Council is a legitimate nonprofit organization registered as a 501(c)(3) entity. Central Mn Educational Research And Development Council 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: $275,553
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,766,271
For more financial information, click here
Official website here: www.erdc
What is the mission statement of Central Mn Educational Research And Development Council?
The Central Mn Educational Research and Development Council is a non-profit cooperative, established with the goal of providing optimal solutions for the educational community. This is achieved through volume purchasing of various products, offering expert support services, and implementing strategic technologies. The council leverages its buying power, which stems from a group comprising over 100 public, private, and charter schools. Moreover, the council offers on-demand product fulfillment by maintaining relationships with various vendors.
Official website here: www.erdc
What is the revenue of Central Mn Educational Research And Development Council?
Central Mn Educational Research And Development Council's revenue in 2023 was $8,820,017.
Official website here: www.erdc
Who are the executives of Central Mn Educational Research And Development Council and what are their salaries?
The average compensation at Central Mn Educational Research And Development Council during 2023 was $46,405. There are 44 employees and 9 volunteers at Central Mn Educational Research And Development Council.
Here are 13 key members and their salaries:
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- Other: $23,278
- Compensation: $100,571
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- Other: $24,431
Official website here: www.erdc
Learn more at the official website: www.erdc
Mission Statement of Central Mn Educational Research And Development Council
Central Mn Educational Research And Development Council, a non-profit cooperative, is established with a mission to deliver the best solutions for the educational community. This is achieved through three primary strategies: volume purchasing, expert support services, and strategic technologies. The cooperative leverages its buying power, derived from a group of over 100 public, private, and charter schools, to secure the best prices for products. Moreover, Central Mn Educational Research And Development Council offers on-demand product fulfillment, facilitated by its relationships with various vendors. This approach ensures that schools can access necessary resources efficiently and effectively.
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Impact
October, 2024
Central Mn Educational Research And Development Council significantly enhances the educational landscape by leveraging collective purchasing power, enabling public, private, and charter schools to access resources more efficiently and cost-effectively. By representing a buying group of over 100 institutions, CMERDC empowers schools to gain better pricing on essential supplies and services, ultimately freeing up budgetary resources for other educational priorities.
Additionally, CMERDC provides support services and strategic technologies tailored to the needs of the educational community. Their on-demand purchasing solutions streamline the procurement process, allowing schools to obtain necessary products without the burden of complex logistics. By fostering relationships with various vendors, CMERDC ensures that schools can quickly access and fulfill their requirements effectively.
Overall, the Council's efforts lead to improved resource allocation, enhanced operational efficiency, and the potential for better educational outcomes by allowing schools to focus on their primary mission: providing quality education.
This information is meant to be a general summary of Central Mn Educational Research And Development Council. 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 2023.
- Investment Income: $2,774
- Program Service Revenue: $8,338,708
- Gross Receipts: $8,820,017
Assets and Liabilities:
- Total Assets: $2,926,614
- Total Liabilities: $1,268,305
- Net Assets: $1,658,309
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ERATE
Revenue
$2,780,592
PURCHASING FULFILLMENT
Revenue
$1,952,009
FINANCE HR SERVICES
Revenue
$1,639,813
APPLICATIONS
Revenue
$925,254
COPIER SALES AND REPAI
Revenue
$568,274
Organization Details
Founding Year
1966
Principal Officer
Lowell Haagenson
Website
www.erdcNTEE Category
Code: B00E - Education
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