LEAGUE OF MINNESOTA CITIES BUILDING COMPANY INC

EIN: 411778274

SAINT PAUL, MN

Total Revenue
$474,585
Total Expenses
$468,238
Total Assets
$6,071,564
Net Assets
$5,926,569
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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
1994
Legal Domicile
MN
Principal Officer
LUKE FISCHER
Phone
6512811200
Tax Period
2024-01-01 to 2024-12-31

LEAGUE OF MINNESOTA CITIES BUILDING COMPANY INC, founded in 1994, is a small nonprofit that reported $475K in total revenue in fiscal year 2024. Revenue surged 272% from the prior year, signaling strong growth momentum. Net assets of $5.9M represent 150 months of operating reserves.

Mission

TO ACQUIRE, HOLD TITLE, AND COLLECT RENT FOR THE BUILDING AND ADJOINING PROPERTIES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $644,844
Program Service Revenue $0
Investment Income $0
Other Revenue $-170,259
TOTAL REVENUE $474,585

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $468,238
TOTAL EXPENSES $468,238

Year-over-Year Comparison

2024 2023 Change
Revenue $474,585 $127,688 +2.7%
Expenses $468,238 $476,375 0.0%
Net Income $6,347 $-348,687 -1.0%
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
5
Independent Members
4
Employees
N/A
Volunteers
5

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
1
$313,237
Total Directors
5
$313,237
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LUKE FISCHER PRESIDENT 0.25
Officer Director
$0 $33,898 $313,237
SHARON HANSON MEMBER 0.25
Director
$0 $0 $0
DAVE CALLISTER MEMBER 0.25
Director
$0 $0 $0
CLINTON GRIDLEY MEMBER 0.25
Director
$0 $0 $0
PHIL KERN MEMBER 0.25
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
2024 $474,585 $468,238 $6,071,564 $6,347
2023 $127,688 $476,375 $6,096,428 $-348,687
2022 $833,033 $460,169 $6,477,208 $372,864
2021 $-1,040,565 $2,938,113 $5,899,104 $-3,978,678
2020 $1,836,865 No data $9,877,072 No data
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