2025-08-25T09:10:55-05:00 2024-12-31 411360831 OLSEN THIELEN & CO LTD 2675 LONG LAKE ROAD ST PAUL MN 55113 990 2024-01-01 273217413 MINNESOTA COMMERCIAL ASSOCIATION OF REAL ESTATE MINN 9529081787 6600 FRANCE AVE S 603 EDINA MN 55435 MATTHEW ANFANG EXECUTIVE DIRECTOR 9529081787 2025-08-17 1 1 RYAN VETTRUS CPA P01243596 6514834521 2024 2025-03-06 01:10:19Z MATTHEW ANFANG 6600 FRANCE AVE S 603 EDINA MN 55435 677458 0 X WWW.MNCAR.ORG X 2010 MN PROMOTE THE COMMON BETTERMENT & BUSINESS INTERESTS OF COMMERCIAL REAL ESTATE LICENSEES IN MINNESOTA 10 10 4 9 0 0 0 0 596889 571870 28322 31448 33014 36116 658225 639434 0 1500 0 0 347333 350426 0 0 0 239657 215087 586990 567013 71235 72421 1736822 1705652 307347 280330 1429475 1425322 MNCAR IS A COOPERATIVE COMMERCIAL REAL ESTATE COMMUNITY. WITH A TRACK RECORD OF PROVIDING THE MOST ACCURATE INFORMATION, FUTURE-FOCUSED EDUCATION, AND INVALUABLE CONNECTIONS, MNCAR'S REPUTATION IS SECOND TO NONE. 0 0 MN COMMERCIAL ASSOCIATION OF REAL ESTATE PROMOTES THE COMMON BETTERMENT AND BUSINESS INTERESTS OF REAL ESTATE LICENSEES IN MINNESOTA WHO SPECIALIZE IN COMMERCIAL AND INDUSTRIAL REAL ESTATE AND TO ASSIST THOSE MEMBERS IN PROVIDING SPECIALIZED SERVICES AND INFORMATION. MNCAR ALSO OFFERS THE SAME PROGRAMS AND SERVICES TO PROFESSIONALS AND BUSINESS PEOPLE AFFILIATED WITH THE COMMERCIAL AND INDUSTRIAL REAL ESTATE INDUSTRY.MNCAR'S VISION IS TO BE THE PREEMINENT RESOURCE CONNECTING KNOWLEDGEABLE COMMERCIAL REAL ESTATE BROKERS IN MINNESOTA. WE AIM TO SERVE AS A FLAGSHIP TO OTHER REAL ESTATE ASSOCIATIONS AND TO PROVIDE INDUSTRY LEADERSHIP NATIONWIDE. 0 0 0 1 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 4 1 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X THE ORGANIZATION 9529081787 6600 FRANCE AVE S 603 EDINA MN 55435 KEVIN SALMEN PRESIDENT 1.00 X X 0 0 0 BRYAN BELTRAND IMMEDIATE PAST PRESIDENT 1.00 X X 0 0 0 LEIF ARONSEN PAST PRESIDENT 1.00 X X 0 0 0 JEN HELM DIRECTOR 1.00 X 0 0 0 MICHAEL HOUGE DIRECTOR 1.00 X 0 0 0 DAN MUELLER DIRECTOR 1.00 X 0 0 0 ELIJAH WIEBERDINK DIRECTOR 1.00 X 0 0 0 ERICKA MILLER DIRECTOR 1.00 X 0 0 0 JOHN MCKENNA DIRECTOR 1.00 X 0 0 0 ELENA BRANCA DIRECTOR 1.00 X 0 0 0 MATTHEW ANFANG EXECUTIVE DIRECTOR 18.00 22.00 X 170088 0 16922 170088 0 16922 1 0 1 0 0 MEMBERSHIP DUES 531390 211686 211686 ANNUAL EXPO 531390 141367 141367 SPONSORSHIPS 900099 133200 133200 EDUCATION SEMINARS 531390 53860 53860 OTHER MEMBER EVENTS 531390 26675 26675 5082 5082 571870 31448 31448 74140 38024 36116 36116 639434 571870 0 67564 1500 84155 199005 17342 28533 21391 13880 10564 3750 3757 40431 21181 13053 2414 EXPO EVENT 64970 SERVICE CHARGES 13702 MEMBER EDUCATION 12518 EMERGING BROKERS AND BR 6481 8386 567013 313349 275288 778 17822 11195 109938 90918 33991 19020 1148557 1280028 223103 119343 1736822 1705652 18050 47929 206506 199077 82791 33324 307347 280330 X 1429475 1425322 1429475 1425322 1736822 1705652 X 72421 110948 -187522 X 1 X 0 0 0 0 1 0 7788 7100 688 102150 83818 18332 19020 ACCOUNTS RECEIVABLE FROM AFFILIATE 133533 INVESTMENT IN SUBSIDIARY -62920 OPERATING LEASE RIGHT-OF-USE ASSET 48730 119343 OPERATING LEASE OBLIGATION 33324 33324 X PART X, LINE 2: MINNESOTA COMMERCIAL ASSOCIATION OF REAL ESTATE IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. THE ASSOCIATION FILES AN INFORMATION RETURN AS A TAX-EXEMPT ORGANIZATION. SHOULD THAT STATUS BE CHALLENGED IN THE FUTURE, ALL YEARS SINCE INCEPTION COULD BE SUBJECT TO REVIEW BY THE INTERNAL REVENUE SERVICE. THE ASSOCIATION REVIEWS INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN INCOME TAX RETURNS TO DETERMINE IF THERE ARE ANY INCOME TAX UNCERTAINTIES. THIS INCLUDES POSITIONS THAT THE ENTITY IS EXEMPT FROM INCOME TAXES OR NOT SUBJECT TO INCOME TAXES ON UNRELATED BUSINESS INCOME. THE ASSOCIATION RECOGNIZES TAX BENEFITS FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITIONS WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITIONS. THE ASSOCIATION HAS IDENTIFIED NO SIGNIFICANT INCOME TAX UNCERTAINTIES. GOLF EVENT 74140 74140 26308 7000 4716 74140 74140 26308 7000 4716 38024 36116 X 0 0 0 MATTHEW ANFANG EXECUTIVE DIRECTOR 170088 0 0 0 0 0 12854 0 4068 0 187010 0 0 0 FORM 990, PART VI, SECTION A, LINE 1A THE ORGANIZATION HAS AN EXECUTIVE COMMITTEE WHICH CONSISTS OF THE PRESIDENT, IMMEDIATE PAST PRESIDENT, EXECUTIVE DIRECTOR, AND SUCH OTHER PERSONS, IF ANY, ELECTED BY THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE ACTS ONLY DURING INTERVALS BETWEEN MEETINGS OF THE BOARD OF DIRECTORS. DURING SUCH INTERVALS AND SUBJECT TO BOARD CONTROL AND DIRECTION, THE EXECUTIVE COMMITTEE SHALL HAVE AND MAY EXERCISE ALL OF THE AUTHORITY AND POWERS OF THE BOARD IN THE MANAGEMENT OF THE AFFAIRS OF THE ASSOCIATION, SUBJECT TO SUCH LIMITATIONS AS THE BOARD MAY IMPOSE. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS THREE CLASSES OF MEMBERS: LICENSED MEMBERS, AFFILIATE MEMBERS AND COMMUNITY AND ECONOMIC DEVELOPMENT AFFILIATE MEMBERS. QUALIFICATIONS, RIGHTS AND RESPONSIBILITIES OF MEMBER CLASSES ARE OUTLINED IN THE ORGANIZATION'S BYLAWS. FORM 990, PART VI, SECTION A, LINE 7A LICENSED MEMBERS ELECT DIRECTORS WHOSE TERMS ARE EXPIRING EACH YEAR, PURSUANT TO BYLAWS, ARTICLE III. FORM 990, PART VI, SECTION B, LINE 11B THE EXECUTIVE DIRECTOR AND EXECUTIVE COMMITTEE WILL REVIEW THE 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED TO THE BOARD TO MAKE THEM AWARE OF IT AND IT IS COMMUNICATED AT THE MEETINGS. THE CONFLICT OF INTEREST POLICY IS INTRODUCED ONCE A YEAR. BOARD MEMBERS ARE REQUIRED TO REFRAIN FROM VOTING IF CONFLICTS ARISE. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE REVIEWS COMPENSATION ANNUALLY FOR THE EXECUTIVE DIRECTOR AND KEY EMPLOYEES OF THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: EQUITY IN EARNINGS OF SUBSIDIARY -187,522. MINNESOTA COMMERCIAL ASSOCIATION OF REALTORS INC 6600 FRANCE AVE SOUTH SUITE 603 EDINA MN 55435 411772159 BUSINESS LEAGUE TO PROMOTE COMMON INTERESTS OF REAL ESTATE PROFESSION MN 501(C)(6) N/A 0 MINNESOTA COMMERCIAL PROPERTY EXCHANGE INC 6600 FRANCE AVE SOUTH SUITE 603 EDINA MN 55435 411996432 PROVIDES COMMERCIAL REAL ESTATE LISTING SERVICE PRIMARILY TO MN REALTORS MN N/A C 1411206 278733 1.00000 1 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0