Minnesota Center For Employee Ownership

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

EIN: 844160755 ✦ Saint cloud, MN ✦ Designated as a 501(c)(3)

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Overview

What is Minnesota Center For Employee Ownership?

Minnesota Center for Employee Ownership is a nonprofit organization with a mission to safeguard employment, enhance community prosperity, and foster a more diverse and thriving economy. They accomplish this by championing employee ownership as their primary strategy. Through public education, they advocate for this approach, aiming to foster equity and inclusion by expanding economic chances, primarily for underrepresented groups. The organization's objective is to preserve jobs, boost local wealth, and create a more inclusive and dynamic economy.


Official website here: www.mnceo.org

Is Minnesota Center For Employee Ownership legitimate?

Minnesota Center For Employee Ownership is a legitimate nonprofit organization registered as a 501(c)(3) entity. Minnesota Center For Employee Ownership submitted a form 990EZ, 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.


Official website here: www.mnceo.org

What is the mission statement of Minnesota Center For Employee Ownership?

The Minnesota Center for Employee Ownership, as an educational nonprofit, is dedicated to achieving three main objectives: preserving jobs, enhancing community wealth, and fostering a more dynamic and inclusive economy. To accomplish these goals, the organization predominantly focuses on promoting employee ownership. By doing so, they strive to advance equity and inclusion, especially for underrepresented groups, by expanding economic opportunities.


Official website here: www.mnceo.org

Who is the CEO of Minnesota Center For Employee Ownership?

Kirsten Kennedy is the Executive Director of Minnesota Center For Employee Ownership.


Official website here: www.mnceo.org

What is the revenue of Minnesota Center For Employee Ownership?

Minnesota Center For Employee Ownership's revenue in 2022 was $193,885.


Official website here: www.mnceo.org

Who are the executives of Minnesota Center For Employee Ownership and what are their salaries?


Here are 7 key members and their salaries:


Kirsten Kennedy (Executive Director)
  • Compensation: $18,600
  • Related: $0
  • Other: $0
Sue Crockett (Chair)
  • Compensation: $56,385
  • Related: $0
  • Other: $0
Fred Caslavka (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Daly (Strategic Advisory Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kyla Hansen (Education Committee Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roger Ryberg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Storkan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mnceo.org

Where can I find the form 990EZ for Minnesota Center For Employee Ownership?

Minnesota Center For Employee Ownership's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.mnceo.org

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

Mission Statement of Minnesota Center For Employee Ownership

Minnesota Center for Employee Ownership is a nonprofit organization with a mission to safeguard jobs, enhance community wealth, and foster a more dynamic, inclusive economy. Their primary method for achieving these objectives is through the promotion of employee ownership. Recognizing the importance of economic equality, the center aims to expand this opportunity, particularly for underrepresented groups. By promoting employee ownership, Minnesota Center for Employee Ownership strives to create a more equitable and inclusive economic landscape.

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Impact




October, 2024

The Minnesota Center for Employee Ownership plays a significant role in fostering economic resilience and community development. By promoting employee ownership as a viable business model, the center helps protect jobs and enhance community wealth. This initiative empowers workers, giving them a stake in their companies and encouraging greater engagement and productivity.

Through public education and outreach, the center increases awareness of the benefits of employee ownership, particularly for traditionally disadvantaged groups, thus promoting equity and inclusion in the economy. Their efforts contribute to creating a more vibrant economy that not only supports individual prosperity but also strengthens communities. The focus on expanding economic opportunities for underrepresented populations helps to address systemic inequities, leading to a more balanced and inclusive economic landscape in Minnesota and beyond.




This information is meant to be a general summary of Minnesota Center For Employee Ownership. 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
$193,885 (2022)
Expenses
$165,971 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $192
  • Gross Receipts: $199,474

Assets and Liabilities:

  • Total Assets: $153,337
  • Total Liabilities: $7,611
  • Net Assets: $145,726

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Organization Details

Principal Officer

Kirsten Kennedy

Main Address

1420 8TH AVENUE NORTH, SAINT CLOUD, MN, 56303

NTEE Category

Code: S30 - Community improvement

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