Minneapolis Regional Labor Federation

EIN: 640965590

Minneapolis, MN

Total Revenue
$1,569,380
Total Expenses
$1,294,770
Total Assets
$1,230,230
Net Assets
$1,225,817
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1912
Legal Domicile
MN
Principal Officer
Chelsie M Glaubitz Gabiou
Phone
6123794206
Tax Period
2024-01-01 to 2024-12-31

Minneapolis Regional Labor Federation, founded in 1912, is a community nonprofit that reported $1.6M in total revenue in fiscal year 2024. Revenue surged 28% from the prior year, signaling strong growth momentum. The organization ran a surplus of $275K, a strong 17% operating margin.

Mission

TO PROMOTE UNIONS AND THEIR MEMBERS RIGHTS THROUGH PROMOTING THE UNIONS BEST INTERESTS AND GENERAL WELFARE

Program Service Accomplishments

Program 1
Expenses: $1,294,770

TO PROMOTE UNIONS AND THEIR MEMBERS RIGHTS THROUGH PROMOTING THE UNIONS BEST INTERESTS AND GENERAL WELFARE

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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 $179,543
Program Service Revenue $1,152,632
Investment Income $25,799
Other Revenue $211,406
TOTAL REVENUE $1,569,380

Expense Breakdown

Grants Paid $0
Salaries & Benefits $770,318
Fundraising Expenses $0
Program Expenses $1,294,770
Other Expenses $524,452
TOTAL EXPENSES $1,294,770

Year-over-Year Comparison

2024 2023 Change
Revenue $1,569,380 $1,222,418 +0.3%
Expenses $1,294,770 $1,395,715 -0.1%
Net Income $274,610 $-173,297 -2.6%
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
17
Independent Members
17
Employees
18
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
10
$182,335
Total Directors
18
$182,335
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Chelsie M Glaubitz Gabiou President & CEO 40.00
Officer Director
$125,592 $56,743 $182,335
Uriel Perez Espinoza Trustee 1.00
Director
$0 $0 $0
Aaron Hill Trustee 1.00
Director
$0 $0 $0
Mary Turner Trustee 1.00
Director
$0 $0 $0
Jigme Ugen Trustee 1.00
Director
$0 $0 $0
Russ Scherber Trustee 1.00
Director
$0 $0 $0
Sterling Sanders At Large 1.00
Director
$0 $0 $0
Ed Jaramillo At Large 1.00
Director
$0 $0 $0
Judy Russel Martin At Large 1.00
Director
$0 $0 $0
Greta Callahan Exec Vice President 1.00
Officer Director
$0 $0 $0
Cabbas Abdi Recording Secretary 1.00
Officer Director
$0 $0 $0
Ternesha Burroughs Register Clerk 1.00
Officer Director
$0 $0 $0
Dan McConnell Financial SecretaryTreasurer 1.00
Officer Director
$0 $0 $0
Grace Baltich Reading Clerk 1.00
Officer Director
$0 $0 $0
Jeff Heimerl 1st Vice President 1.00
Officer Director
$0 $0 $0
Scott Bultena 2nd Vice President 1.00
Officer Director
$0 $0 $0
Annette Davis Deputy Register Clerk 1.00
Officer Director
$0 $0 $0
Tommy Bellfield Sargeant at Arms 1.00
Officer 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 No data No data No data No data
2024 $1,569,380 $1,294,770 $1,230,230 $274,610
2023 $1,222,418 $1,395,715 $969,574 $-173,297
2022 $1,402,979 $1,412,390 $1,138,142 $-9,411
2021 $1,302,484 $1,325,244 $1,213,256 $-22,760
2020 $1,298,184 $1,278,599 $1,252,827 $19,585
2019 $1,201,745 $1,226,160 $1,227,455 $-24,415
2018 $1,417,859 $1,530,713 $1,228,504 $-112,854
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