MINNEAPOLIS MOLINE COLLECTORS

EIN: 421304297 501(c)(3)

MINNESOTA LAKE, MN

Total Revenue
$158,035
Total Expenses
$57,532
Total Assets
$290,655
Net Assets
$290,655
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
MN
Principal Officer
JAY GROSKREUTZ
Phone
5073803707
Tax Period
2025-01-01 to 2025-12-31

MINNEAPOLIS MOLINE COLLECTORS, founded in 1987, is a small nonprofit that reported $158K in total revenue in fiscal year 2025. Revenue fell 24% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $101K, a strong 64% operating margin.

Mission

THE ORGANIZATION PROMOTES THE PRESERVATION AND ENJOYMENT OF THE PRODUCTS OF MINNEAPOLIS-MOLINE, ITS PREDECESSORS AND RELATED COMPANIES, AND FOR THE EDUCATION OF THE PUBLIC AS TO THE HISTORICAL NATURE AND ROLE OF SUCH PRODUCTS.

Program Service Accomplishments

Program 1
Expenses: $28,166 Revenue: $16,703

SCHOLARSHIPS- IN 1997, TO BE SURE THE MM LEGACY REACHES YOUNGER GENERATIONS, THE COLLECTORS ESTABLISHED AN ANNUAL SCHOLARSHIP, WHICH IS NOW WORTH 2,000. THE MINNEAPOLIS-MOLINE COLLECTORS ARE UNIQUE...

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SCHOLARSHIPS- IN 1997, TO BE SURE THE MM LEGACY REACHES YOUNGER GENERATIONS, THE COLLECTORS ESTABLISHED AN ANNUAL SCHOLARSHIP, WHICH IS NOW WORTH 2,000. THE MINNEAPOLIS-MOLINE COLLECTORS ARE UNIQUE IN MAKING A SCHOLARSHIP AVAILABLE EACH YEAR TO ANYONE WHO IS A CURRENT MMCI MEMBER, MEMBERS CHILD OR GRANDCHILD. THE APPLICANT MUST ATTEND A VOCATIONAL SCHOOL, TWO YEAR, OR FOUR YEAR COLLEGE OR UNIVERSITY.

Program 2
Expenses: $28,166 Revenue: $16,704

PRESERVATION GRANTS- THIS CORPORATION WAS FORMED FOR THE PRESERVATION AND ENJOYMENT OF PRODUCTS OF THE MINNEAPOLIS-MOLINE COMPANY, ITS PREDECESSORS, AND RELATED COMPANIES FOR THE EXCHANGE OF...

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PRESERVATION GRANTS- THIS CORPORATION WAS FORMED FOR THE PRESERVATION AND ENJOYMENT OF PRODUCTS OF THE MINNEAPOLIS-MOLINE COMPANY, ITS PREDECESSORS, AND RELATED COMPANIES FOR THE EXCHANGE OF INFORMATION CONCERNING THE SAME, AND THE EDUCATION OF THE GENERAL PUBLIC AS TO THE HISTORICAL NATURE AND ROLE OF SUCH PRODUCTS.

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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 $113,774
Program Service Revenue $33,407
Investment Income $10,854
Other Revenue $0
TOTAL REVENUE $158,035

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $56,332
Other Expenses $57,532
TOTAL EXPENSES $57,532

Year-over-Year Comparison

2025 2024 Change
Revenue $158,035 $208,151 -0.2%
Expenses $57,532 $56,553 +0.0%
Net Income $100,503 $151,598 -0.3%
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
597
Independent Members
597
Employees
N/A
Volunteers
19

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
7
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KENTON BENNER DIRECTOR N/A
Officer
$0 $0 $0
JAY GROSKREUTZ PRESIDENT N/A
Officer
$0 $0 $0
TRENTON KULA SHOW CONTACT N/A
Officer
$0 $0 $0
DALE VON LOH TREASURER N/A
Officer
$0 $0 $0
JOHN MEAGHER MERCHANDISE N/A
Officer
$0 $0 $0
LLOYD RAVE VICE PRESIDE N/A
Officer
$0 $0 $0
DAVID RITTENBURGH SECRETARY N/A
Officer
$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 $158,035 $57,532 $290,655 $100,503
2024 No data No data No data No data
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