MOORHEAD BUSINESS ASSOCIATION INC

EIN: 274254782 Community Improvement

MOORHEAD, MN

Total Revenue
$205,481
Total Expenses
$188,384
Total Assets
$213,747
Net Assets
$211,747
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
MN
Principal Officer
JON BECKER
Phone
7013184910
Tax Period
2025-01-01 to 2025-12-31

MOORHEAD BUSINESS ASSOCIATION INC, founded in 2010, is a small nonprofit in the Community Improvement sector that reported $205K in total revenue in fiscal year 2025. Revenue decreased 7% compared to the prior year. Expenses of $188K left a modest 8% surplus.

Mission

The Moorhead Business Association (MBA) fosters growth of Moorhead business through advocacy, networking and information. The MBA is committed to building a better place to conduct business by enhancing current business and by creating a community atmosphere, which is encouraging potential new business.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $127,419
Program Service Revenue $72,158
Investment Income $5,506
Other Revenue $398
TOTAL REVENUE $205,481

Expense Breakdown

Grants Paid $0
Salaries & Benefits $95,859
Fundraising Expenses $0
Program Expenses $51,569
Other Expenses $92,525
TOTAL EXPENSES $188,384

Year-over-Year Comparison

2025 2024 Change
Revenue $205,481 $221,682 -0.1%
Expenses $188,384 $180,215 +0.0%
Net Income $17,097 $41,467 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
12
Employees
2
Volunteers
20

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$85,148
Total Directors
11
$0
Key Employees
2
$85,148
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHERI LARSON EXECUTIVE DIRECTOR (RETIRED) 40.00
Officer Key Emp
$26,379 $0 $26,379
STACIA SYTSMA EXECUTIVE DIRECTOR 40.00
Officer Key Emp Highest
$58,769 $0 $58,769
BRETT OERTLI PRESIDENT 3.00
Director
$0 $0 $0
JON BECKER TREASURER 3.00
Director
$0 $0 $0
CASSIE TEMPLE SECRETARY 3.00
Director
$0 $0 $0
BRETT OVERTURF VICE PRESIDENT 3.00
Director
$0 $0 $0
SARAH CHATELAIN-OPITZ BOARD MEMBER 1.00
Director
$0 $0 $0
KIM SCHLOTFELDT BOARD MEMBER 1.00
Director
$0 $0 $0
SHANE JOHNSON BOARD MEMBER 1.00
Director
$0 $0 $0
CIDY COLE-SOFTING BOARD MEMBER 1.00
Director
$0 $0 $0
KARSTEN BROADLEY BOARD MEMBER 1.00
Director
$0 $0 $0
BILL BARTHOLOMAY BOARD MEMBER 1.00
Director
$0 $0 $0
RICHARD ANDERSON BOARD MEMBER 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $205,481 $188,384 $213,747 $17,097
2024 $221,682 $180,215 $194,888 $41,467
2023 $214,949 $250,806 $153,259 $-35,857
2022 $197,694 $217,012 $171,750 $-19,318
2021 $207,750 $172,604 $187,190 $35,146
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