MINNEAPOLIS ELECTRICAL INDUSTRY MARKET IMPROVEMENT FUND INC (EIN 411525311) - Form 990 Financial Analysis & Trantor Score

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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

1984

Legal Domicile

Principal Officer

KRISTIN CAUSBY

Phone

9525911800

Tax Period

2024-09-01 to 2025-08-31

MINNEAPOLIS ELECTRICAL INDUSTRY MARKET IMPROVEMENT FUND INC, founded in 1984, is a small nonprofit that reported $377K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $342K left a modest 9% surplus.

Mission

PROMOTE ELECTRICAL CONSTRUCTION INDUSTRY

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $363,857

Investment Income $13,503

Other Revenue $0

TOTAL REVENUE $377,360

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $342,084

TOTAL EXPENSES $342,084

Year-over-Year Comparison

	2024	2023	Change
Revenue	$377,360	$343,274	+0.1%
Expenses	$342,084	$389,053	-0.1%
Net Income	$35,276	$-45,779	-1.8%

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

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KRISTIN CAUSBY	DIRECTOR	1.00	Director	$0	$0	$0
JEFF HEIMERL	DIRECTOR	1.00	Director	$0	$0	$0
JAMIE HAWTHORNE	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER MUDGE	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD MORRIS	DIRECTOR	1.00	Director	$0	$0	$0
ERIC JAHNKE	DIRECTOR - PAST	1.00	Director	$0	$0	$0
WILLIAM KRAUSE	DIRECTOR	1.00	Director	$0	$0	$0
JERRY BECHER	DIRECTOR	1.00	Director	$0	$0	$0
JEFF PEPER	DIRECTOR	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	$377,360	$342,084	$536,172	$35,276
2024	$343,274	$389,053	$500,896	$-45,779
2023	$302,943	$665,627	$546,675	$-362,684
2022	$342,106	$376,968	$909,359	$-34,862
2021	$327,278	$285,617	$944,221	$41,661
2020	$342,577	$545,791	$902,560	$-203,214
2019	$370,167	$253,798	$1,105,774	$116,369
2018	$359,598	$178,542	$989,405	$181,056

MINNEAPOLIS ELECTRICAL INDUSTRY MARKET IMPROVEMENT FUND INC