MINNEAPOLIS MEAT CUTTERS & FOOD HANDLERS PROPERTIES INC

EIN: 411289384

BROOKLYN CENTER, MN

Total Revenue
$276,795
Total Expenses
$292,740
Total Assets
$510,491
Net Assets
$509,740
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1973
Legal Domicile
MN
Principal Officer
RENA WONG
Phone
7635251500
Tax Period
2023-01-01 to 2023-12-31

MINNEAPOLIS MEAT CUTTERS & FOOD HANDLERS PROPERTIES INC, founded in 1973, is a small nonprofit that reported $277K in total revenue in fiscal year 2023. Revenue decreased 10% compared to the prior year.

Mission

BUILDING CORPORATION

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $208,633
Investment Income $0
Other Revenue $68,162
TOTAL REVENUE $276,795

Expense Breakdown

Grants Paid $0
Salaries & Benefits $124,718
Fundraising Expenses $0
Other Expenses $168,022
TOTAL EXPENSES $292,740

Year-over-Year Comparison

2023 2022 Change
Revenue $276,795 $308,091 -0.1%
Expenses $292,740 $311,354 -0.1%
Net Income $-15,945 $-3,263 +3.9%
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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
2
Independent Members
N/A
Employees
3
Volunteers
N/A

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
3
$481,533
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RENA WONG DIRECTOR 1.00
Officer
$0 $24,785 $185,292
MICHAEL LACOSTE DIRECTOR 1.00
Officer
$0 $24,785 $134,583
MICHAEL POTTER DIRECTOR - PAST 1.00
Officer
$0 $6,674 $161,658
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
2024 No data No data No data No data
2023 $276,795 $292,740 $510,491 $-15,945
2022 $308,091 $311,354 $525,749 $-3,263
2021 $1,535,520 $1,638,972 $530,059 $-103,452
2020 $267,321 $5,858,301 $602,546 $-5,590,980
2019 $312,993 $292,616 $6,196,102 $20,377
2018 $253,244 $284,982 $5,610,013 $-31,738
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