2025-01-17T07:55:15-05:00 2024-06-30 990EZ 2023-07-01 260124305 Minnesota Association of Counselors of Color Inc % Aisha Gonzalez MINN 9095498302 PO BOX 13033 1311 4TH STREET SE Minneapolis MN 55414 Aisha Gonzalez President 2025-01-17 2023 2024-10-15 13:58:12Z X X www.mnacc.org X X 61476 X 500 9080 40513 11383 0 0 0 61476 12500 12202 100 75 12621 37498 23978 360075 7308 391361 360075 391361 360075 391361 360075 391361 Education Professional Services Association Annual Conference: provides a professional development opportunity to all members as well as high school and community-based college advisors. Registration fees offset the costs for: meals professional speakers facility rentals and networking events. In 2023 we served 30 member representatives. 0 13145 College Scholarships: granted to 11 students 6 in their first year of undergraduate studies and 5 who are continuing their undergraduate studies. These scholarships distributed directly to the college university are applied directly to their student account in accordance with the institutions outside scholarship awarding policies. 0 12500 College Fairs: reimbursements of up to $125 to high school college fair sites to offset costs for snacks for college reps during the college fairs. College fairs are held annually at 30-35 high schools to connect high school students with over 60 member colleges and universities. 0 2957 28602 Aisha Gonzalez President 15 0 0 0 Lee Parker Past President 1 0 0 0 Jolene Young Treasurer and President-Elect 5 0 0 0 false false false false false 0 false false false false MN Aisha Gonzalez 4765 Penkwe Cir Eagan MN 55122 9095498302 false false false false false false false false false false false NONE NONE true X 45615 34761 37988 53250 41013 212627 0 0 0 0 0 0 0 0 0 0 0 0 45615 34761 37988 53250 41013 212627 212627 9960 11840 10149 6891 11383 50223 1843 2060 6100 4175 9080 23258 286108 0 0.7432 0.7358 X Part II Line 10 Other income: Program service revenue from registration fees for professional development events. Part I, line 10 | Grants And Similar Amounts Paid:, Amount:| MnACC provides college scholarships for students of color who will or have graduated from high school in Minnesota to be used towards their college expenses tuition fees books and supplies transportation etc. at a MnACC Member Institution. All recipients must verify their enrollment by providing their student ID number and fall course schedule between July 1 and August 15. Scholarships are dispersed as a one-time award in the fall semester. Funds are sent directly to the enrolled institution to be applied towards the recipients student account and are subject to the institutions outside scholarship awarding policies., $12500| Part I, line 16 | Other Expenses:, Amount:| Other expenses totaling $12621 include: Advertising & Merchandise $51 Bank Charges & Fees $1,345 Gifts & Awards $382 Meals - Events Meetings $3,563 Office Supplies & Software $1,641 Supplies - Events Meetings $1,999 Miscellaneous Expenses $600 and Vendor Services $3,040., $12621| Part I, line 20 | Explanation:, Amount:| In 2014 MnACC with a portion of excess funds established an investment account through Bremer Banks Bremer Investment Services with an initial investment of $100,000 in a mutual fund. The funds are invested and managed by Raymond James Financial Services Inc. and are insured by Securities Investor Protection Corporation. To date MnACC has not invested any additional funds into the account and the income earned is reinvested and has not been withdrawn. The MnACC account balance as of June 30 2024 was $ 177,627.73 and reflects the income expenses and change in value. Line 20 is the net change in value $7,308.45 for the fiscal year ending June 30 2024 respectively., $7308|