2024-11-12T07:56:39-06:00 2024-06-30 411360831 OLSEN THIELEN & CO LTD 2675 LONG LAKE ROAD ST PAUL MN 55113 990 2023-07-01 416040647 MINNESOTA STATE COUNCIL ON ECONOMIC EDUCATION MINN 6126253727 116 RUTTAN HALL 1994 BUFORD AVE ST PAUL MN 55108 JULIE BUNN EXECUTIVE DIRECTOR 6126253727 2024-11-08 1 1 RYAN VETTRUS CPA P01243596 6514834521 2023 2024-10-15 13:58:12Z JULIE BUNN 116 RUTTAN HALL 1994 BUFORD AVE ST PAUL MN 55108 4175114 0 X WWW.MCEE.UMN.EDU X 1961 MN MCEE EQUIPS MINNESOTANS WITH THE ECONOMIC AND PERSONAL FINANCIAL KNOWLEDGE AND SKILLS TO MAKE INFORMED DECISIONS AND THRIVE IN OUR COMPLEX WORLD. WE FULFILL OUR MISSION BY TEACHING TEACHERS THROUGH TOP QUALITY PROFESSIONAL DEVELOPMENT AND PROVIDING CURRICULUM MATERIALS; BY ENGAGING STUDENTS WITH CHALLENGING PROGRAMS IN ECONOMIC AND PERSONAL FINANCE EDUCATION; AND BY REACHING COMMUNITIES THROUGH OUR COMMUNITY MENTORSHIP FOR FINANCIAL CAPABILITY PROGRAM AND OTHER PUBLIC OUTREACH ACTIVITIES. 27 27 0 136 0 0 665808 3722238 37203 16740 20235 180834 0 0 723246 3919812 39675 18291 0 0 452502 551415 0 0 38936 174820 286998 666997 856704 56249 3063108 1329091 4566001 37156 84324 1291935 4481677 X MCEE EQUIPS MINNESOTANS WITH THE ECONOMIC AND PERSONAL FINANCIAL KNOWLEDGE AND SKILLS TO MAKE INFORMED DECISIONS AND THRIVE IN OUR COMPLEX WORLD. WE FULFILL OUR MISSION BY TEACHING TEACHERS THROUGH TOP QUALITY PROFESSIONAL DEVELOPMENT AND PROVIDING CURRICULUM MATERIALS; BY ENGAGING STUDENTS WITH CHALLENGING PROGRAMS IN ECONOMIC AND PERSONAL FINANCE EDUCATION; AND BY REACHING COMMUNITIES THROUGH OUR COMMUNITY MENTORSHIP FOR FINANCIAL CAPABILITY PROGRAM AND OTHER PUBLIC OUTREACH ACTIVITIES. 0 0 721452 18291 16740 MCEE REACHES ITS GOALS BY TEACHING TEACHERS, ENGAGING STUDENTS, AND REACHING COMMUNITIES. IN FY 2024, MCEE PROVIDED 125 PROFESSIONAL DEVELOPMENT WORKSHOPS, WITH 329.5 UNIQUE HOURS OF CONTENT, ALONG WITH CURRICULUM AND OTHER RESOURCES FOR 5,691 TEACHERS GIVING THEM RESEARCH-BASED KNOWLEDGE, TEACHING TECHNIQUES, AND LESSONS TO ASSURE THE 99,680 STUDENTS THEY REACH GAIN STRONG ECONOMIC AND PERSONAL FINANCIAL KNOWLEDGE FOR SUCCESS THROUGH RELEVANT AND ENGAGING REAL-WORLD LEARNING.IN FY 2024, 808 STUDENTS PARTICIPATED IN MCEE DIRECT-TO-STUDENT PROGRAMS - VIRTUAL COMPETITIONS, CHALLENGES, AND INSTITUTES - MOVING THEIR ECONOMIC/PERSONAL FINANCE KNOWLEDGE AND CRITICAL THINKING SKILLS TO A HIGHER LEVEL. MCEE WORKS TO HELP MINNESOTANS UNDERSTAND AND MAKE SOUND ECONOMIC CHOICES, IMPRVE INDVIDUAL PERSONAL FINANCIAL SITUATIOS, AND CREATE ECONOMIC STABILITY AND VITALITY IN LOCAL COMMUNITIES. MCEE STRIVES TO REACH ALL OUR DIVERSE COMMUNITY, WITH SEVERAL PROGRAM FOCUSING SPECIFICALLY ON UNDERSERVED POPULATIONS. 721452 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 X 20 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 27 27 0 0 0 0 0 0 0 1 0 0 1 1 0 1 1 1 1 1 1 1 0 MN X THE ORGANIZATION 6126253727 116 RUTTAN HALL 1994 BUFORD AVE ST PAUL MN 55108 AMY KAMENICK DIRECTOR 1.50 X 0 0 0 ANDREW MAAS DEVELOPMENT CHAIR 1.50 X X 0 0 0 APRIL CHUNG DIRECTOR 1.50 X 0 0 0 BILL SCHWIETZ DIRECTOR 1.50 X 0 0 0 BRADLEY R HUTTER BOARD CHAIR 1.50 X X 0 0 0 BRIAN MUENCH DIRECTOR 1.50 X 0 0 0 CHELLE GONZO DIRECTOR 1.50 X 0 0 0 CYNTHIA J FITZTHUM DIRECTOR 1.50 X 0 0 0 DANICA GOSHERT DIRECTOR 1.50 X 0 0 0 EMANUEL EKSTROM LONG RANGE PLANNING CHAIR 1.50 X X 0 0 0 JASON KLEY DIRECTOR 1.50 X 0 0 0 JEANNA FIFER DIRECTOR 1.50 X 0 0 0 JOHNATHAN GAST DIRECTOR 1.50 X 0 0 0 JUDY MARES DIRECTOR 1.50 X 0 0 0 JULIE BUNN EXECUTIVE DIRECTOR 40.00 X X 117522 0 39370 JULIE SWEITZER DIRECTOR 1.50 X X 0 0 0 KELLY MCCLELLAN DIRECTOR 1.50 X 0 0 0 KERRY A JUNG DIRECTOR 1.50 X 0 0 0 KIYRIE ABERNETHY DIRECTOR 1.50 X 0 0 0 KRISTIN M FERGUSON TREASURER & FINANCE CHAIR 1.50 X X 0 0 0 KRISTINE WEST DIRECTOR 1.50 X 0 0 0 NANCY LAMBERT SECRETARY & GOVERNANCE CHAIR 1.50 X X 0 0 0 STEVE GATHJE DIRECTOR 1.50 X 0 0 0 STEVE LEAR DIRECTOR 1.50 X 0 0 0 TERRY HURLEY DIRECTOR 1.50 X 0 0 0 TIMOTHY DEVANEY VICE CHAIR 1.50 X X 0 0 0 TODD SCHNELL DIRECTOR 1.50 X 0 0 0 PJ HILL DIRECTOR 1.50 X 0 0 0 117522 0 39370 1 0 1 0 0 240000 3482238 7182 3722238 PROGRAM FEES 900099 16740 16740 16740 180808 180808 255328 255302 26 26 26 3919812 16740 0 180834 18291 18291 165774 139870 15915 9989 277706 235655 26479 15572 107935 90471 10021 7443 28075 28075 82300 78245 4055 7890 5690 2000 200 25121 17697 6343 1081 4407 715 3096 596 9965 9925 40 118808 117460 1348 1352 1352 SUPPLIES IN-KIND 7182 7182 MISCELLANEOUS 1898 251 1647 856704 721452 96316 38936 64704 82867 248670 3614278 26390 22152 1010 1025 20108 20108 0 0 934082 825977 54235 19702 1329091 4566001 37156 84324 37156 84324 X 1145966 4328305 145969 153372 1291935 4481677 1329091 4566001 3063108 126634 0 X X 0 1 X 1 0 X 423168 505883 799587 665808 3722238 6116684 423168 505883 799587 665808 3722238 6116684 3331006 2785678 12626 6676 11341 20235 180808 231686 1500 1500 6349870 123140 0.43870 0.78360 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2019 AMOUNT: $ 1,500. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 34022 34022 955571 989593 173439 43360 0 0 173439 173439 260159 34022 34022 43360 43360 65040 20108 20108 0 0 X 4179335 126634 132889 259523 3919812 0 3919812 989593 132889 132889 856704 0 856704 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION IS ALSO EXEMPT FROM MINNESOTA INCOME TAXES. THE ORGANIZATION REVIEWS INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN INCOME TAX RETURNS TO DETERMINE IF THERE ARE ANY INCOME TAX UNCERTAINTIES. THIS INCLUDES POSITIONS THAT THE ENTITY IS EXEMPT FROM INCOME TAXES OR NOT SUBJECT TO INCOME TAXES ON UNRELATED BUSINESS INCOME. THE ORGANIZATION RECOGNIZES TAX BENEFITS FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITIONS WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITIONS. THE ORGANIZATION HAS IDENTIFIED NO SIGNIFICANT INCOME TAX UNCERTAINTIES. THE ORGANIZATION FILES INFORMATION RETURNS AS A TAX-EXEMPT ORGANIZATION AND HAS IDENTIFIED NO INCOME TAX UNCERTAINTIES. SHOULD THAT STATUS BE CHALLENGED IN THE FUTURE, ALL YEARS SINCE INCEPTION COULD BE SUBJECT TO REVIEW BY THE INTERNAL REVENUE SERVICE. 0 SCHOLARSHIPS 182 18291 X X X 0 0 0 0 0 0 0 0 0 JULIE BUNN EXECUTIVE DIRECTOR 117522 0 0 0 0 0 16142 0 23228 0 156892 0 0 0 FORM 990, PART V, LINE 2A: MCEE'S EXECUTIVE DIRECTOR AND STAFF ARE EMPLOYEES OF THE UNIVERSITY OF MINNESOTA. MCEE REIMBURSES THE UNIVERSITY FOR THEIR SERVICES. FORM 990, PART VI, SECTION A, LINE 8B BOARD MEETING MINUTES AND DOCUMENTS ARE KEPT. SOME SUB COMMITTEES TAKE MINUTES. ALL SUBCOMMITTEES DOCUMENT MEETINGS IF ANY VOTES ARE TAKEN OR MAJOR DECISIONS MADE. THE ORGANIZATION IS ON PATH TO HAVE ALL SUB COMMITTEE MEETINGS DOCUMENTED WITH MINUTES. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 WILL BE REVIEWED BY THE FINANCE COMMITTEE AND, UPON APPROVAL, WILL INFORM THE FULL BOARD. UPON REQUEST INDIVIDUAL BOARD MEMBERS WILL RECEIVE VIA EMAIL AN ELECTRONIC COPY OF THE APPROVED FORM 990. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR, BOARD MEMBERS ARE REQUIRED TO REVIEW AND SIGN A CONFLICT OF INTEREST STATEMENT. THE GOVERNANCE COMMITTEE MONITORS POTENTIAL CONFLICTS THROUGHOUT THE YEAR. FORM 990, PART VI, SECTION B, LINE 15 MCEE'S EXECUTIVE DIRECTOR AND STAFF ARE EMPLOYEES OF THE UNIVERSITY OF MINNESOTA (UMN). MCEE REIMBURSES THE UMN FOR THEIR SERVICES. SALARIES FALL UNDER UMN GUIDELINES. STAFF SALARIES BUDGET IS APPROVED BY THE BOARD. FOR THE EXECUTIVE DIRECTOR (ED) THE ED SEARCH COMMITTEE ESTABLISHED A SALARY RANGE FOR THE POSITION. EXAMINATION OF THE ED SALARIES FOR COMPARABLE ORGANIZATIONS, VIA WEBSITES THAT SHARE SUCH INFORMATION AND THE 990S OF OTHER ORGANIZATIONS, AS WELL AS EDUCATION AND EXPERIENCE LEVELS, WERE ALL INPUTS INTO DETERMINING ED COMPENSATION. STAFF SALARIES, BELOW ED, ARE BASED ON COMPARABLES BOTH FROM THE NONPROFIT SECTOR IN THE TWIN CITIES AND UMN PAY SCALES FROM SIMILAR POSITIONS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.