MINNESOTA ASSOCIATION OF REALTORS

EIN: 416039154

MINNETONKA, MN

Total Revenue
$5,590,607
Total Expenses
$5,501,338
Total Assets
$10,821,088
Net Assets
$7,841,493
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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
1947
Legal Domicile
MN
Principal Officer
JOSH MCFALL
Phone
9529122667
Tax Period
2023-01-01 to 2023-12-31

MINNESOTA ASSOCIATION OF REALTORS, founded in 1947, is a community nonprofit that reported $5.6M in total revenue in fiscal year 2023.

Mission

TO SERVE AS MEMBERS' FIRST RESOURCE FOR REAL ESTATE INFORMATION AND PROFESSIONAL SERVICES.

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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 $5,093,248
Investment Income $127,774
Other Revenue $369,585
TOTAL REVENUE $5,590,607

Expense Breakdown

Grants Paid $87,399
Salaries & Benefits $2,954,648
Fundraising Expenses $0
Other Expenses $2,459,291
TOTAL EXPENSES $5,501,338

Year-over-Year Comparison

2023 2022 Change
Revenue $5,590,607 $5,330,547 +0.0%
Expenses $5,501,338 $4,947,432 +0.1%
Net Income $89,269 $383,115 -0.8%
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

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Governance

Voting Members
73
Independent Members
73
Employees
24
Volunteers
73

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
6
$519,733
Total Directors
73
$0
Key Employees
0
$0
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MCFALL JOSHUA CHIEF EXECUTIVE OFFICER 60.00
Officer
$245,151 $22,821 $267,972
KOPECKY JONATHAN ASSOCIATE LEGAL COUNSEL 60.00
Highest
$137,133 $55,798 $192,931
TEIG STEPHANIE VP, MARKETING 60.00
Highest
$121,053 $66,741 $187,794
ANDERSEN CARRIE SENIOR VP, MEMBER SERVICES 60.00
Highest
$145,087 $36,629 $181,716
FOX THOMAS VP, FINANCE AND OPERATIONS 60.00
Officer
$146,350 $28,711 $175,061
EGER PAUL VP, GOVERNMENT AFFAIRS 60.00
Highest
$138,416 $23,427 $161,843
GALLERCHRISTOPHER CHIEF EXECUTIVE OFFICER 60.00
Officer
$58,354 $18,346 $76,700
THEIS GERI CHAIR 1.00
Officer Director
$0 $0 $0
FITZPATRICK PATRICIA VICE CHAIR 1.00
Officer Director
$0 $0 $0
PAULSON PATRICK TREASURER 1.00
Officer Director
$0 $0 $0
LINDGREN MARY DIRECTOR 1.00
Director
$0 $0 $0
CLARK ROBERT DIRECTOR 1.00
Director
$0 $0 $0
BAGLIO TRACY DIRECTOR 1.00
Director
$0 $0 $0
BAKER MATTHEW DIRECTOR 1.00
Director
$0 $0 $0
BARNES ANDREW DIRECTOR 1.00
Director
$0 $0 $0
CARTER DONEVA DIRECTOR 1.00
Director
$0 $0 $0
CHRISTOPHERSON MARK DIRECTOR 1.00
Director
$0 $0 $0
LEE HANNAH DIRECTOR 1.00
Director
$0 $0 $0
CICMIL ROBERTA DIRECTOR 1.00
Director
$0 $0 $0
CORMIER JAMES DIRECTOR 1.00
Director
$0 $0 $0
COTTINGHAM LAURIE DIRECTOR 1.00
Director
$0 $0 $0
D'ANGELO FRANK DIRECTOR 1.00
Director
$0 $0 $0
DOMHOLT BRYAN DIRECTOR 1.00
Director
$0 $0 $0
DURHAM BRIAN DIRECTOR 1.00
Director
$0 $0 $0
LARSON-HOPPE MICHELLE DIRECTOR 1.00
Director
$0 $0 $0
CONTRERAS ISAAC DIRECTOR 1.00
Director
$0 $0 $0
FOGELSON TRACIE DIRECTOR 1.00
Director
$0 $0 $0
GALLATIN KRISTIN DIRECTOR 1.00
Director
$0 $0 $0
KURIA CATHERINE DIRECTOR 1.00
Director
$0 $0 $0
VUE NALEE DIRECTOR 1.00
Director
$0 $0 $0
HALVORSON RUTHANN DIRECTOR 1.00
Director
$0 $0 $0
GARZA ELBA DIRECTOR 1.00
Director
$0 $0 $0
GILBERT WAYNE DIRECTOR 1.00
Director
$0 $0 $0
GREEN EMILY DIRECTOR 1.00
Director
$0 $0 $0
GREENE DEBRA DIRECTOR 1.00
Director
$0 $0 $0
HAIDER ANTHONY DIRECTOR 1.00
Director
$0 $0 $0
HARTOS GREGG DIRECTOR 1.00
Director
$0 $0 $0
ZUZEK PATRICIA DIRECTOR 1.00
Director
$0 $0 $0
HOUGH FRANK DIRECTOR 1.00
Director
$0 $0 $0
HUNSTAD MICHAEL DIRECTOR 1.00
Director
$0 $0 $0
HUYNH MAN DIRECTOR 1.00
Director
$0 $0 $0
JACKSON SUSAN DIRECTOR 1.00
Director
$0 $0 $0
JOHNSON BRANDON DIRECTOR 1.00
Director
$0 $0 $0
KNUDSEN MARY DIRECTOR 1.00
Director
$0 $0 $0
LEFEBVRE CHARLES DIRECTOR 1.00
Director
$0 $0 $0
UZELAC WENDY DIRECTOR 1.00
Director
$0 $0 $0
ELLEFSON LORI DIRECTOR 1.00
Director
$0 $0 $0
REHMAN THOMAS DIRECTOR 1.00
Director
$0 $0 $0
PELTIER TRAVIS DIRECTOR 1.00
Director
$0 $0 $0
POZORSKI JACQUELINE DIRECTOR 1.00
Director
$0 $0 $0
LIVINGSTON JENNIFER DIRECTOR 1.00
Director
$0 $0 $0
LOSKOTA D MATT DIRECTOR 1.00
Director
$0 $0 $0
LYONS MICHELLE DIRECTOR 1.00
Director
$0 $0 $0
MATTEN DOLLY DIRECTOR 1.00
Director
$0 $0 $0
MAZONE DENISE DIRECTOR 1.00
Director
$0 $0 $0
MILLER JASON DIRECTOR 1.00
Director
$0 $0 $0
MOE LAURIE DIRECTOR 1.00
Director
$0 $0 $0
MOSCOWITZ JEROME DIRECTOR 1.00
Director
$0 $0 $0
NELSON MOLLY DIRECTOR 1.00
Director
$0 $0 $0
NIEMEYER DEBRA DIRECTOR 1.00
Director
$0 $0 $0
OLSEN AMBER DIRECTOR 1.00
Director
$0 $0 $0
PARKIN SCOTT DIRECTOR 1.00
Director
$0 $0 $0
PEARCE DON DIRECTOR 1.00
Director
$0 $0 $0
LEHTO LEEANN DIRECTOR 1.00
Director
$0 $0 $0
PETERSON AMY DIRECTOR 1.00
Director
$0 $0 $0
WARZECHA RANDAL DIRECTOR 1.00
Director
$0 $0 $0
SARVELA LEONARD DIRECTOR 1.00
Director
$0 $0 $0
THAO LOU DIRECTOR 1.00
Director
$0 $0 $0
TAYLOR RICHELLE DIRECTOR 1.00
Director
$0 $0 $0
SWANSON SANDRA DIRECTOR 1.00
Director
$0 $0 $0
STITTSWORTH COREY DIRECTOR 1.00
Director
$0 $0 $0
STANG KAREN DIRECTOR 1.00
Director
$0 $0 $0
SMITH LYNDON DIRECTOR 1.00
Director
$0 $0 $0
SHONOIKI BABATUNDE DIRECTOR 1.00
Director
$0 $0 $0
REILLY SHAWN DIRECTOR 1.00
Director
$0 $0 $0
SHEARS MINDY DIRECTOR 1.00
Director
$0 $0 $0
SATHERS-DAY JAMIE DIRECTOR 1.00
Director
$0 $0 $0
RAMIREZ JAIRO DIRECTOR 1.00
Director
$0 $0 $0
RUBLE PATRICK DIRECTOR 1.00
Director
$0 $0 $0
RICE THOMAS 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
2024 No data No data No data No data
2023 $5,590,607 $5,501,338 $10,821,088 $89,269
2022 $5,330,547 $4,947,432 $10,680,321 $383,115
2021 $5,202,086 $4,812,477 $10,479,384 $389,609
2020 $5,082,253 $4,313,291 $10,225,225 $768,962
2019 $4,579,732 $4,018,840 $8,857,972 $560,892
2018 $4,356,293 $4,040,408 $7,400,720 $315,885
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