2025-09-22T09:14:51-05:00 2024-12-31 920370318 REDPATH AND COMPANY LLC 400 ROBERT ST N SUITE 1600 ST PAUL MN 55101 990 2024-01-01 844160755 MINNESOTA CENTER FOR EMPLOYEE OWNERSHIP MINN 7636394111 1420 8TH AVENUE NORTH SAINT CLOUD MN 56303 FRED CASLAVKA TREASURER 7636394111 2025-09-18 1 0 CATHY A LYDON CPA P03217215 6514267000 2025-09-18 2024 2025-03-06 01:10:19Z FRED CASLAVKA 1420 8TH AVENUE NORTH SAINT CLOUD MN 56303 390072 0 X WWW.MNCEO.ORG X 2020 MN OUR MISSION IS TO CREATE JOBS AND COMMUNITY WEALTH THROUGH EMPLOYEE OWNERSHIP. 7 7 1 6 0 0 73829 384378 0 0 643 1253 3975 579 78447 386210 0 0 0 0 65400 78299 47858 20000 37560 33061 164880 146319 263179 -67872 123031 78612 229047 758 28162 77854 200885 X MINNESOTA CENTER FOR EMPLOYEE OWNERSHIP, INC. (MNCEO) IS AN EDUCATIONAL NONPROFIT CORPORATION THAT IS DEDICATED TO PROTECTING JOBS, INCREASING COMMUNITY WEALTH, AND CREATING A MORE VIBRANT, INCLUSIVE ECONOMY. WE HELP BUSINESS OWNERS TRANSITION TO EMPLOYEE OWNERSHIP THROUGH EDUCATION, RESOURCES, AND EXPERT GUIDANCE. THESE TRANSITIONS NOT ONLY PRESERVE JOBS BUT ALSO STRENGTHEN COMMUNITIES AND CREATE LASTING FINANCIAL OPPORTUNITIES FOR EMPLOYEES. WHICH BUILDS A MORE INCLUSIVE AND RESILIENT ECONOMY FOR ALL MINNESOTANS. 0 0 165934 0 1394 MNCEO ORGANIZES WORKSHOPS AND PRESENTATIONS AT VARIOUS LOCATIONS THROUGHOUT MINNESOTA THROUGH OUR AMBASSADOR PROGRAM. WE EXPLAIN THE DIFFERENT MODELS FOR EMPLOYEE OWNERSHIP AND ADVISE ABOUT HOW BEST TO TRANSITION INTO ONE OF THOSE OPTIONS. EMPLOYEE OWNERSHIP EDUCATION IS A CRITICAL TOOL TO ACHIEVE OUR ECONOMIC DEVELOPMENT GOALS. BY EDUCATING THE PUBLIC ON EMPLOYEE OWNERSHIP, WE HOPE TO PROMOTE EQUITY AND INCLUSION BY EXPANDING ECONOMIC OPPORTUNITY, PARTICULARLY FOR THE BENEFIT OF TRADITIONALLY DISADVANTAGED GROUPS. ADDITIONALLY, WE HELP CONNECT INTERESTED BUSINESSES TO ORGANIZATIONS THAT CAN ASSIST THEM IN TRANSITIONING TO A WORKER OWNER MODEL. WE PARTICIPATED IN 19 CONFERENCES, WITH 14 DISPLAYS AND 38 PRESENTATIONS WITH 1016 ATTENDEES. THE MINNESOTA CENTER FOR EMPLOYEE OWNERSHIP (MNCEO) PARTNERED WITH THE NORTH CAROLINA EMPLOYEE OWNERSHIP CENTER (NCEOC) TO CONVENE TWO AMBASSADOR PROGRAM COHORTS- THE EMPLOYEE OWNERSHIP AMBASSADOR PROGRAM HAS BEEN DESIGNED AS A 4-WEEK PROGRAM WITH VIRTUAL MEETINGS AND INDEPENDENT LEARNING MODULES. A DEEP DIVE INTO: EMPLOYEE STOCK OWNERSHIP PLANS, EMPLOYEE OWNERSHIP TRUSTS AND WORKER OWNED COOPERATIVES, TRAINING 48 ADVISORS, SMALL BUSINESS OWNERS, ECONOMIC DEVELOPMENT LEADERS AND COMMUNITY LEADERS. WE ALSO CREATED AN EMPLOYEE OWNERSHIP TRUSTS AND WORKER OWNED COOPERATIVES, TRAINING 48 ADVISORS, SMALL BUSINESS OWNERS, ECONOMIC DEVELOPMENT LEADERS AND COMMUNITY LEADERS. MNCEO CONTINUED TO CONVENE AND LEAD THE MN BROAD EMPLOYEE OWNERSHIP WORKING GROUP WITH ADVISORS FROM: WORKER OWNED COOPERATIVES (WOCS), EMPLOYEE OWNERSHIP TRUSTS (EOTS) AND EMPLOYEE STOCK OWNERSHIP PLANS (ESOPS) TO CREATE A ROBUST BROAD EMPLOYEE OWNERSHIP MARKETPLACE TO EVERY REGION IN MINNESOTA. WE REACHED OUT TO 139 NEW PARTNER ORGANIZATIONS WITH 56 NEW PARTNER LEADS AND 23 PARTNER COLLABORATIONS. AS A RESULT WE HAD 25 BUSINESSES CONTACT MNCEO TO EXPLORE EMPLOYEE OWNERSHIP MODELS WITH OVER 45 REFERRALS TO SERVICES PROVIDERS. WE CREATED OUR MN TOP 50 ESOPS REPORT IN PARTNERSHIP WITH THE OHIO CENTER FOR EMPLOYEE OWNERSHIP AT KENT STATE.MNCEO PARTNERED WITH THE EAST CENTRAL REGIONAL DEVELOPMENT COMMISSION, REGIONAL ECONOMIC DEVELOPMENT LEADERS, REGIONAL HRA-EDAS, LOCAL GOVERNMENTS AND REGIONAL COMMISSIONS TO STAND UP A REGIONAL BROAD EMPLOYEE OWNERSHIP MARKETPLACE. THIS WAS A FOCUSED WORK OUTSIDE OF THE TWIN CITIES METRO. WE HAD 12 EMPLOYEE OWNERSHIP 101 PRESENTATIONS, COUNTYWIDE- 5 FULL DAYS OF (BARNSTORMING)-INTRODUCING BROAD EMPLOYEE OWNERSHIP TO: CITY ADMINISTRATORS, ECONOMIC DEVELOPMENT COMMISSIONS, BANKS, AND SMALL BUSINESS OWNERS. MNCEO CREATED THE WORKER CO. MN EDITION PODCAST TO TELL THE STORIES OF HOW EMPLOYEE OWNERSHIP TRANSFORMED THEIR MINNESOTA COMPANIES. OUR FIRST FIVE EPISODE INCLUDED: WINDINGS, INC A MATURE EMPLOYEE STOCK OWNERSHIP PLAN, WESCOM, INC. A YEAR OLD EMPLOYEE STOCK OWNERSHIP PLAN, ROOM AND BOARD, A BRAND NEW EMPLOYEE STOCK OWNERSHIP PLAN, THE IMPROVE GROUP, A WORKER OWNED COOPERATIVE AND CODEWEAVERS, MINNESOTA'S FIRST EMPLOYEE OWNERSHIP TRUST. IN 2025 WE ARE CREATING A WORKER CO. TOOLKIT FOR OTHER STATE CENTERS TO USE. CREATING THE PODCASTS GIVES US ANOTHER AVENUE FOR SPREADING THE WORD ABOUT DIFFERENT MODELS OF EMPLOYEE OWNERSHIP. WE ARE ABLE TO REACH MANY OF THE PUBLIC AS WELL AS SHARE SPECIFIC EXAMPLES OF BUSINESSES THAT DID THE WORK OF SWITCHING AND ARE THRIVING BECAUSE OF IT. 165934 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 10 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 0 0 MN X FRED CASLAVKA 7636394111 1420 8TH AVENUE NORTH SAINT CLOUD MN 56303 KIRSTEN KENNEDY EXECUTIVE DIRECTOR 40.00 X X 62246 0 6800 ANDY DALY DIRECTOR 1.00 X 0 0 0 LAURA QUALEY CHAIR 1.00 X X 0 0 0 NICOLE BEHM-KOEP DIRECTOR 1.00 X 0 0 0 ROGER RYBERG DIRECTOR 1.00 X 0 0 0 FRED CASLAVKA TREASURER 1.00 X X 0 0 0 STAVE STORKAN VICE CHAIR 1.00 X X 0 0 0 62246 0 6800 0 0 0 0 0 6205 378173 384378 1253 1253 4300 6205 3862 438 438 OTHER INCOME 141 141 141 386210 1394 0 438 X 69045 51427 3809 13809 3990 2394 798 798 5264 3158 1053 1053 26 26 32355 2500 29855 20000 20000 92171 70453 20718 1000 10625 10323 302 1969 1532 108 329 5864 4566 1042 256 10682 10509 160 13 5241 4715 526 615 615 DUES & SUBSCRIPTIONS 3906 3827 79 PAYROLL PROCESSING 896 896 BOOKS & PUBLICATIONS 530 530 263179 165934 59685 37560 77812 105158 123083 800 806 78612 229047 758 28162 758 28162 X 77854 200885 77854 200885 78612 229047 123031 0 X 1 X 0 0 0 X 98371 158509 192117 73829 384378 907204 98371 158509 192117 73829 384378 907204 256629 650575 8 18 192 643 1253 2114 3103 1576 3975 438 9092 141 141 918551 0.70830 X SCHEDULE A, PART II THE AMOUNTS REPORTED IN 2020 INCLUDES ACTIVITY FROM 1/16/20 TO 12/31/20. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X X 1 JUNE STRATEGIES INC 3599 KOSEC DRIVE RED WING MN 55066 GRANT WRITING 0 15000 15000 0 15000 15000 FORM 990, PART VI, SECTION A, LINE 1A THERE IS AN EXECUTIVE COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE TREASURER REVIEWS A DRAFT OF FORM 990 AND RECOMMENDS APPROVAL TO THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS RECEIVES AND APPROVES FORM 990. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED AND SIGNED BY THE BOARD OF DIRECTORS ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS ANNUALLY LOOKS AT COMPARABLE SALARIES FOR SIMILAR SIZED NONPROFITS IN NORTH CAROLINA PROVIDED BY THE NC CENTER FOR NONPROFITS. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND ORGANIZING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING SERVICES: PROGRAM SERVICE EXPENSES 70,453. MANAGEMENT AND GENERAL EXPENSES 20,718. FUNDRAISING EXPENSES 1,000. TOTAL EXPENSES 92,171.