Civic Intelligence

Economic Development Assoication of Minnesota

990 • Fiscal year 2017 • EIN 41-1263666

Jan 01, 2017 to Dec 31, 2017 • Filed on May 15, 2018

Organization ProfileWWW.EDAM.ORG
4248 Park Glen RoadMinneapolis, MN 55416

(952) 928-7477

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

91st percentile

0.50x

Higher debt load relative to assets than 91% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

88th percentile

0.25x

Higher debt load relative to revenue than 88% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Net Margin

20th percentile

-12%

Higher net margin than 20% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Top Officer Pay

95th percentile

$92,298

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 36.7% of source-year revenue.

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Asset Growth

13th percentile

-26%

Faster asset growth than 13% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

65th percentile

7.8%

Faster revenue growth than 65% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets91st percentile

Assets

Down

$126,799

Down $45,222 (-26%) from 2016

Net Assets

Down

$63,478

Down $29,219 (-32%) from 2016

Liabilities

Down

$63,321

Down $16,003 (-20%) from 2016

Revenue And Expenses
Liabilities / Revenue88th percentileNet Margin20th percentile

Revenue

Up

$251,242

Up $18,231 (+7.8%) from 2016

Expenses

Up

$280,461

Up $62,950 (+29%) from 2016

Net Income

Down

-$29,219

Down $44,719 (-289%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth13th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$300K$200K$100K$0Assets 2010: $49,880Liabilities 2010: $14,3192010Assets 2011: $57,460Liabilities 2011: $22,6152011Assets 2012: $70,962Liabilities 2012: $6,542Net Assets 2012: $64,4202012Assets 2013: $145,096Liabilities 2013: $55,096Net Assets 2013: $90,0002013Assets 2014: $146,783Liabilities 2014: $55,556Net Assets 2014: $91,2272014Assets 2015: $146,653Liabilities 2015: $69,456Net Assets 2015: $77,1972015Assets 2016: $172,021Liabilities 2016: $79,324Net Assets 2016: $92,6972016Assets 2017: $126,799Liabilities 2017: $63,321Net Assets 2017: $63,4782017Assets 2018: $170,801Liabilities 2018: $97,863Net Assets 2018: $72,9382018Assets 2019: $211,751Liabilities 2019: $98,265Net Assets 2019: $113,4862019Assets 2020: $190,038Liabilities 2020: $94,815Net Assets 2020: $95,2232020Assets 2021: $218,307Liabilities 2021: $59,303Net Assets 2021: $159,0042021Assets 2022: $281,010Liabilities 2022: $88,207Net Assets 2022: $192,8032022Assets 2023: $289,792Liabilities 2023: $84,598Net Assets 2023: $205,1942023Assets 2024: $335,833Liabilities 2024: $111,932Net Assets 2024: $223,9012024

Highlighted filing

2017

Assets$126,799
Liabilities$63,321
Net Assets$63,478
Open 2017 Filing

Operations Trend

Revenue Growth65th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$300K$200K$100K$0-$100KRevenue 2010: $130,758Expenses 2010: $147,640Net Income 2010: -$16,8822010Revenue 2011: $130,066Expenses 2011: $130,782Net Income 2011: -$7162011Revenue 2012: $180,281Expenses 2012: $150,706Net Income 2012: $29,5752012Revenue 2013: $207,873Expenses 2013: $182,293Net Income 2013: $25,5802013Revenue 2014: $156,695Expenses 2014: $155,468Net Income 2014: $1,2272014Revenue 2015: $221,614Expenses 2015: $235,644Net Income 2015: -$14,0302015Revenue 2016: $233,011Expenses 2016: $217,511Net Income 2016: $15,5002016Revenue 2017: $251,242Expenses 2017: $280,461Net Income 2017: -$29,2192017Revenue 2018: $250,693Expenses 2018: $241,233Net Income 2018: $9,4602018Revenue 2019: $265,535Expenses 2019: $224,987Net Income 2019: $40,5482019Revenue 2020: $220,326Expenses 2020: $238,589Net Income 2020: -$18,2632020Revenue 2021: $266,744Expenses 2021: $202,963Net Income 2021: $63,7812021Revenue 2022: $278,119Expenses 2022: $244,320Net Income 2022: $33,7992022Revenue 2023: $305,985Expenses 2023: $293,594Net Income 2023: $12,3912023Revenue 2024: $322,001Expenses 2024: $303,294Net Income 2024: $18,7072024

Highlighted filing

2017

Revenue$251,242
Expenses$280,461
Net Income-$29,219
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 15, 2018
Return Version
2017v2.2
Gross Receipts
$251,242
Mission and Program Overview

Mission

To champion economic development in minnesota through professional development, networking, and advocacy. Edam is a professional association of individuals and organizations throughout the state of minnesota who share this mission. We pursue our mission by providing development professionals a forum for exchanging information and staying abreast of current economic development strategies and practices and by proving economic developers with valuable networking and educational opportunities. Edam members are leading economic developers in the state of minnesota. Edam consults with the state on public policy issuers related to economic development and helps continually define and improve the profession.

Edam is a professional association of individuals and organizations that provides development professionals a forum for exchanging information to stay abreast of current economic development strategies and practices and by providing economic developers with valuable networking and education opportunities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$166,360$123,224▼ $43,136
Rtn Earn Endowment Incm Other Fnds$92,697$63,478▼ $29,219
Prepaid Expenses and Deferred Charges$5,661$3,575▼ $2,086
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$172,021$126,799▼ $45,222
Liabilities
Deferred Revenue$78,655$40,405▼ $38,250
Accounts Payable and Accrued Expenses$669$22,916▲ $22,247
Total Liabilities$79,324$63,321▼ $16,003
Net Assets / Fund Balance
Total Net Assets Fund Balance$92,697$63,478▼ $29,219
Total Liabilities and Net Assets / Fund Balance$172,021$126,799▼ $45,222
Compensation and Service Providers
Top Officer Pay95th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Ewald Management CompanyManagement CompanyPT$92,298$92,298
The Harrington CompanyManagement CompanyPT$21,833$21,833

Board Members and Trustees

NameTitle
Christie Rock HantgePast President
Adam KienbergerPresident
Megan Barnett-livgardFirst Vice President
Matt BrownSecond Vice President
Christopher EngDirector
Christy LewisDirector
Erik HansenDirector
Erin SparksDirector
Jeff RossateDirector
Kim LindquistDirector
Mark VauxDirector
Sean SullivanDirector
Trisha RosenfeldDirector
Less Amount Reported on Part IxManagement Company
Less Amount Reported on Part IxManagmement Company
Revenue and Support

Revenue Composition

Contributions and Grants
$26,500
Program Service Revenue
$224,709
Investment Income
$0
Other Revenue
$33
All Other Contributions
$26,500
Change in Net Assets
$-29,219
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$274,961
Grants and Similar Amounts Paid$5,500
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management---$114,131
Conferences and Meetings---$102,789
Fees for Services Lobbying---$21,775
Grants to Domestic Orgs---$5,500
All Other Expenses---$2,722
Advertising---$2,208
Insurance---$1,590
Office Expenses---$1,534
Other Expenses---$1,025
Fees for Services Accounting---$990
Fees for Services Other---$225
Total Functional Expenses$0$0$0$280,461
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Minnesota Economic Development FoundationRoseville, MN501(c)3To Support Mission of Building Stronger Mn Communitites Through Economic Development Outreach, Education, Training and Research Initiatives.$5,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Current Year Nondeductible Lobbying and Political Cost$20,000
Total Nondeductible Lobbying and Political Cost$20,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“Economic development of minnesota has delegated day to day management of the organization's affairs to the harrington company, a professional business and trade association management company.”

Form 990, Part VI, Section A, Line 6

“The organization is a membership association.”

Form 990, Part VI, Section A, Line 7A

“The board of directors notifies all voting members of positions available on the board of directors with terms expiring during the ensuing year. The nomination committee selects the candidates and notifies the secretary of their recommended candidates. The secretary notifies the voting membership of the state of candidates for voting to elect to the board of directors at the annual meeting.”

Form 990, Part VI, Section B, Line 11B

“Form 990 is provided to the board for review prior to filing.”

Form 990, Part VI, Section B, Line 12C

“Any possible conflict of interest will be disclosed and made a matter of record when the interest becomes subject to and requires some action. All management company employees are required to complete a written disclosure statement.”

Form 990, Part VI, Section B, Line 15B

“The board of directors annually reviews the managment contract. Industry guides are utilized in the discussion.”

Form 990, Part VI, Section C, Line 19

“All information returns and statements are available to be viewed by the public upon written request to the organization at the organization's stated address by appointment.”

Filing and Contact Details

Filer

Filer Name
Economic Development Association
EIN
41-1263666
Phone
9529287477
Address
4248 PARK GLEN ROAD, MINNEAPOLIS, MN 55416

Signing Officer

Name
Adam Kienberger
Title
President
Phone
9529287477
Signed
2018-05-15

Organization Details

Principal Officer
Adam Kienberger
Formed
1973
Legal Domicile
Mn
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
88

Preparer

Firm
Smith Schafer & Associates Ltd
Address
7500 HIGHWAY 55 SUITE 350, MINNEAPOLIS, MN 55427
Preparer
Nancy Waldack
Phone
9529201455
Raw XML AppendixShowing 400 of 413 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/MissionDesc0TO CHAMPION ECONOMIC DEVELOPMENT IN MINNESOTA THROUGH PROFESSIONAL DEVELOPMENT, NETWORKING, AND ADVOCACY. EDAM IS A PROFESSIONAL ASSOCIATION OF INDIVIDUALS AND ORGANIZATIONS THROUGHOUT THE STATE OF MINNESOTA WHO SHARE THIS MISSION. WE PURSUE OUR MISSION BY PROVIDING DEVELOPMENT PROFESSIONALS A FORUM FOR EXCHANGING INFORMATION AND STAYING ABREAST OF CURRENT ECONOMIC DEVELOPMENT STRATEGIES AND PRACTICES AND BY PROVING ECONOMIC DEVELOPERS WITH VALUABLE NETWORKING AND EDUCATIONAL OPPORTUNITIES. EDAM MEMBERS ARE LEADING ECONOMIC DEVELOPERS IN THE STATE OF MINNESOTA. EDAM CONSULTS WITH THE STATE ON PUBLIC POLICY ISSUERS RELATED TO ECONOMIC DEVELOPMENT AND HELPS CONTINUALLY DEFINE AND IMPROVE THE PROFESSION.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt092697
IRS990/NetAssetsOrFundBalancesEOYAmt063478
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/TotalAmt01534
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc050TH ANNIVERSARY
IRS990/OtherExpensesGrp/Desc1CREDIT CARD FEES
IRS990/OtherExpensesGrp/Desc2PAST PRESIDENTS EVENTS
IRS990/OtherExpensesGrp/Desc3TELEPHONE & FAX
IRS990/OtherExpensesGrp/TotalAmt018166
IRS990/OtherExpensesGrp/TotalAmt16397
IRS990/OtherExpensesGrp/TotalAmt21409
IRS990/OtherExpensesGrp/TotalAmt31025
IRS990/OtherRevenueMiscGrp/BusinessCd0541800
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0WEB ADVERTISING
IRS990/OtherRevenueMiscGrp/Desc1OTHER INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt020
IRS990/OtherRevenueMiscGrp/ExclusionAmt113
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt020
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt113
IRS990/OtherRevenueTotalAmt033
IRS990/PartialLiquidationInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05661
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03575
IRS990/PrincipalOfficerNm0ADAM KIENBERGER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc1CONVERENCES AND MEETIN
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0121940
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1102769
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0121940
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1102769
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt0121940
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt089975
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0217511
IRS990/PYOtherRevenueAmt01070
IRS990/PYProgramServiceRevenueAmt0141966
IRS990/PYRevenuesLessExpensesAmt015500
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0217511
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0233011
IRS990/ReconcilationRevenueExpnssAmt0-29219
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0102769
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt092697
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt063478
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/CarriedOverAmt020000
IRS990ScheduleC/DuesAssessmentsAmt0121940
IRS990ScheduleC/NonDeductibleLbbyngPltclCYAmt020000
IRS990ScheduleC/NonDeductibleLbbyngPltclTotAmt020000
IRS990ScheduleC/OnlyInHouseLobbyingInd00
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt05000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)3
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO SUPPORT MISSION OF BUILDING STRONGER MN COMMUNITITES THROUGH ECONOMIC DEVELOPMENT OUTREACH, EDUCATION, TRAINING AND RESEARCH INITIATIVES.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0MINNESOTA ECONOMIC DEVELOPMENT FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientEIN0020684826
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01769 LEXINGTON AVE N SUITE 339
IRS990ScheduleI/RecipientTable/USAddress/CityNm0ROSEVILLE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MN
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd055113
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ECONOMIC DEVELOPMENT OF MINNESOTA HAS DELEGATED DAY TO DAY MANAGEMENT OF THE ORGANIZATION'S AFFAIRS TO THE HARRINGTON COMPANY, A PROFESSIONAL BUSINESS AND TRADE ASSOCIATION MANAGEMENT COMPANY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION IS A MEMBERSHIP ASSOCIATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS NOTIFIES ALL VOTING MEMBERS OF POSITIONS AVAILABLE ON THE BOARD OF DIRECTORS WITH TERMS EXPIRING DURING THE ENSUING YEAR. THE NOMINATION COMMITTEE SELECTS THE CANDIDATES AND NOTIFIES THE SECRETARY OF THEIR RECOMMENDED CANDIDATES. THE SECRETARY NOTIFIES THE VOTING MEMBERSHIP OF THE STATE OF CANDIDATES FOR VOTING TO ELECT TO THE BOARD OF DIRECTORS AT THE ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990 IS PROVIDED TO THE BOARD FOR REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ANY POSSIBLE CONFLICT OF INTEREST WILL BE DISCLOSED AND MADE A MATTER OF RECORD WHEN THE INTEREST BECOMES SUBJECT TO AND REQUIRES SOME ACTION. ALL MANAGEMENT COMPANY EMPLOYEES ARE REQUIRED TO COMPLETE A WRITTEN DISCLOSURE STATEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BOARD OF DIRECTORS ANNUALLY REVIEWS THE MANAGMENT CONTRACT. INDUSTRY GUIDES ARE UTILIZED IN THE DISCUSSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ALL INFORMATION RETURNS AND STATEMENTS ARE AVAILABLE TO BE VIEWED BY THE PUBLIC UPON WRITTEN REQUEST TO THE ORGANIZATION AT THE ORGANIZATION'S STATED ADDRESS BY APPOINTMENT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd01
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0172021
IRS990/TotalAssetsEOYAmt0126799
IRS990/TotalAssetsGrp/BOYAmt0172021
IRS990/TotalAssetsGrp/EOYAmt0126799
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt026500
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0280461
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt079324
IRS990/TotalLiabilitiesEOYAmt063321
IRS990/TotalLiabilitiesGrp/BOYAmt079324
IRS990/TotalLiabilitiesGrp/EOYAmt063321
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt092697
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt063478
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcRevenueAmt0121940
IRS990/TotalProgramServiceExpensesAmt0102789
IRS990/TotalProgramServiceRevenueAmt0224709
IRS990/TotalReportableCompFromOrgAmt01000
IRS990/TotalRevenueGrp/ExclusionAmt033
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0224709
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0251242
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt088
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0172021
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0126799
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt04248 PARK GLEN ROAD
IRS990/USAddress/CityNm0MINNEAPOLIS
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd055416
IRS990/VotingMembersGoverningBodyCnt013
IRS990/VotingMembersIndependentCnt013
IRS990/WebsiteAddressTxt0WWW.EDAM.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/PersonNm0ADAM KIENBERGER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09529287477
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ECONOMIC DEVELOPMENT ASSOCIATION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0OF MINNESOTA
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0192.55.242.200
ReturnHeader/FilingSecurityInformation/IPDt02018-05-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm010:52:55
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411489071

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$126,799
Liabilities
$63,321
Net assets
$63,478
Revenue
$251,242
Expenses
$280,461
Net income
-$29,219
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.36$1.12$2.24$3.22$3.03$0.19
2023Detailed filing. Detailed filing data is available for this year.$2.90$0.85$2.05$3.06$2.94$0.12
2022Detailed filing. Detailed filing data is available for this year.$2.81$0.88$1.93$2.78$2.44$0.34
2021Detailed filing. Detailed filing data is available for this year.$2.18$0.59$1.59$2.67$2.03$0.64
2020Detailed filing. Detailed filing data is available for this year.$1.90$0.95$0.95$2.20$2.39$0.18
2019Detailed filing. Detailed filing data is available for this year.$2.12$0.98$1.13$2.66$2.25$0.41
2018Detailed filing. Detailed filing data is available for this year.$1.71$0.98$0.73$2.51$2.41$0.09
2017Detailed filing. Detailed filing data is available for this year.$1.27$0.63$0.63$2.51$2.80$0.29
2016Detailed filing. Detailed filing data is available for this year.$1.72$0.79$0.93$2.33$2.18$0.16
2015Detailed filing. Detailed filing data is available for this year.$1.47$0.69$0.77$2.22$2.36$0.14
2014Detailed filing. Detailed filing data is available for this year.$1.47$0.56$0.91$1.57$1.55$0.01
2013Detailed filing. Detailed filing data is available for this year.$1.45$0.55$0.90$2.08$1.82$0.26
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.71$0.07$0.64$1.80$1.51$0.30
2011Summary only. Only limited summary data is available for this year.$0.57$0.23$1.30$1.31$0.01
2010Summary only. Only limited summary data is available for this year.$0.50$0.14$1.31$1.48$0.17