Civic Intelligence

Minnesota State Auctioneers

990EZ • Fiscal year 2022 • EIN 41-1391778

Mar 01, 2021 to Feb 28, 2022 • Filed on Jun 02, 2022

Organization ProfileMINNESOTAAUCTIONEERS.ORG
8160 County Road 138St Cloud, MN 56301

(800) 440-9398

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2022

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2022

Net Margin

29th percentile

-8.9%

Higher net margin than 29% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Top Officer Pay

76th percentile

$14,400

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 19.8% of source-year revenue.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Asset Growth

27th percentile

-12%

Faster asset growth than 27% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

87th percentile

92%

Faster revenue growth than 87% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$48,314

Down $6,492 (-12%) from 2021

Net Assets

Down

$48,314

Down $6,492 (-12%) from 2021

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin29th percentile

Revenue

Up

$72,861

Up $34,884 (+92%) from 2021

Expenses

Up

$79,355

Up $43,740 (+123%) from 2021

Net Income

Down

-$6,494

Down $8,856 (-375%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth27th percentile

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

$60K$40K$20K$0Assets 2021: $54,806Net Assets 2021: $54,8062021Assets 2022: $48,314Net Assets 2022: $48,3142022Assets 2023: $56,402Net Assets 2023: $56,4022023Assets 2024: $57,481Net Assets 2024: $57,4812024Assets 2025: $56,166Liabilities 2025: $0Net Assets 2025: $56,1662025

Highlighted filing

2022

Assets$48,314
Liabilities-
Net Assets$48,314
Open 2022 Filing

Operations Trend

Revenue Growth87th percentile

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

$100K$50K$0-$50KRevenue 2021: $37,977Expenses 2021: $35,615Net Income 2021: $2,3622021Revenue 2022: $72,861Expenses 2022: $79,355Net Income 2022: -$6,4942022Revenue 2023: $81,196Expenses 2023: $73,109Net Income 2023: $8,0872023Revenue 2024: $59,817Expenses 2024: $58,738Net Income 2024: $1,0792024Revenue 2025: $71,709Expenses 2025: $73,024Net Income 2025: -$1,3152025

Highlighted filing

2022

Revenue$72,861
Expenses$79,355
Net Income-$6,494
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Mar 1, 2021 to Feb 28, 2022
Signed
Jun 2, 2022
Return Version
2021v4.0
Gross Receipts
$72,861
Mission and Program Overview

Mission

Education of minnesota auctioneers.

Program Services

DescriptionGrantsExpenses
EDUCATIONAL SEMINARS OPEN TO MEMBERS AND NON MEMBERS. THE ASSOCIATION HAS 374 OF MEMBERS ON THE ROSTER OF WHICH 71 ARE LIFE MEMEBERS.--
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
FRANK IMHOLTEExecutive VIPT$14,400-$14,400
ISAAC SCHULTZPresident-$0--
GLENN TRAUTMANVice Preside-$0--
JUDD GRAFEPast Preside-$0--
DYLAN KELLEMEYNDirector-$0--
BEN GRAFEDirector-$0--
GLORIA STUMPFDirector-$0--
BROOKE GILLESPIEDirectors-$0--
ANDREW JOSSUNDDirector-$0--
JAREN SUTTONDirector-$0--
DOUG KERKHOFFDirector-$0--
JAMES CONNOLLYDirector-$0--
RAY CARUSODirector-$0--
Political and Lobbying Activity
In-house lobbying only
No
Filing and Contact Details

Filer

Filer Name
Minnesota State Auctioneers
EIN
41-1391778
Address
8160 COUNTY ROAD 138, ST CLOUD, MN 56301

Signing Officer

Name
Frank Imholte
Title
Executive Vice Pres
Phone
8004409398
Signed
2022-06-02
Discuss with paid preparer
Yes

Preparer

Firm
Sevenich Butler Gerlach & Brazil Ltd
Address
2221 FORD PARKWAY SUITE 300, ST PAUL, MN 55116-1800
Preparer
Darcy M Rasmussen
Phone
6516901040
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

“Advertising 7,425 erc tax credits 3,780 total 11,205”

Form 990-ez, Part I, Line 16

“Expenses advertising 1,732 bank fees 5 telephone 240 computer assistance 1,118 board 573 conference 45,258 insurance 2,298 non-investment depreciation 504 total 51,728”

Form 990-ez, Part II, Line 24

“Prepaid expenses and deferred charges 0 986 equipment 4,705 4,705 less accumulated depreciation 4,201 4,705 total 504 986”

Raw XML Appendix145 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0FRANK IMHOLTE
IRS990EZ/BooksInCareOfDetail/PhoneNum08004409398
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt08160 COUNTY ROAD 138
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ST CLOUD
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd056301
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt054304
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt047328
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-6494
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt011498
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt054808
IRS990EZ/Form990TotalAssetsGrp/EOYAmt048314
IRS990EZ/GrossReceiptsAmt072861
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt0105
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt054808
IRS990EZ/NetAssetsOrFundBalancesEOYAmt048314
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt054808
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt048314
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt35.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt61.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt71.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt81.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt91.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt101.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt111.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt121.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt314400
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt110
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt120
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ISAAC SCHULTZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1GLENN TRAUTMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JUDD GRAFE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3FRANK IMHOLTE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4DYLAN KELLEMEYN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5BEN GRAFE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6GLORIA STUMPF
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7BROOKE GILLESPIE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8ANDREW JOSSUND
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9JAREN SUTTON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm10DOUG KERKHOFF
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm11JAMES CONNOLLY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm12RAY CARUSO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2PAST PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3EXECUTIVE VI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTORS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt11DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt12DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0504
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0986
IRS990EZ/OtherExpensesTotalAmt051728
IRS990EZ/OtherRevenueTotalAmt011205
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0EDUCATION OF MINNESOTA AUCTIONEERS.
IRS990EZ/PrintingPublicationsPostageAmt08317
IRS990EZ/ProgramServiceRevenueAmt061551
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0EDUCATIONAL SEMINARS OPEN TO MEMBERS AND NON MEMBERS. THE ASSOCIATION HAS 374 OF MEMBERS ON THE ROSTER OF WHICH 71 ARE LIFE MEMEBERS.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt07812
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MN
IRS990EZ/SubjectToProxyTaxInd0true
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt079355
IRS990EZ/TotalRevenueAmt072861
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0MINNESOTAAUCTIONEERS.ORG
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/OnlyInHouseLobbyingInd0false
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0true
IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt0PAID TO A THIRD PARTY LOBBYIST.
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE C, PART IV
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ADVERTISING 7,425 ERC TAX CREDITS 3,780 TOTAL 11,205
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES ADVERTISING 1,732 BANK FEES 5 TELEPHONE 240 COMPUTER ASSISTANCE 1,118 BOARD 573 CONFERENCE 45,258 INSURANCE 2,298 NON-INVESTMENT DEPRECIATION 504 TOTAL 51,728
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PREPAID EXPENSES AND DEFERRED CHARGES 0 986 EQUIPMENT 4,705 4,705 LESS ACCUMULATED DEPRECIATION 4,201 4,705 TOTAL 504 986
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0FRANK IMHOLTE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE VICE PRES
ReturnHeader/BusinessOfficerGrp/PhoneNum08004409398
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-06-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MINNESOTA STATE AUCTIONEERS
ReturnHeader/Filer/BusinessNameControlTxt0MINN
ReturnHeader/Filer/EIN0411391778
ReturnHeader/Filer/USAddress/AddressLine1Txt08160 COUNTY ROAD 138
ReturnHeader/Filer/USAddress/CityNm0ST CLOUD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd056301
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411253104
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SEVENICH BUTLER GERLACH & BRAZIL LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02221 FORD PARKWAY SUITE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ST PAUL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0551161800
ReturnHeader/PreparerPersonGrp/PhoneNum06516901040
ReturnHeader/PreparerPersonGrp/PreparationDt02022-06-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DARCY M RASMUSSEN
ReturnHeader/ReturnTs02022-06-20T09:31:27-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0FRANK
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0IMHOLTE
ReturnHeader/TaxPeriodBeginDt02021-03-01
ReturnHeader/TaxPeriodEndDt02022-02-28
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$48,314
Liabilities
-
Net assets
$48,314
Revenue
$72,861
Expenses
$79,355
Net income
-$6,494
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$56.2$0.00$56.2$71.7$73.0$1.32
2024Detailed filing. Detailed filing data is available for this year.$57.5$57.5$59.8$58.7$1.08
2023Detailed filing. Detailed filing data is available for this year.$56.4$56.4$81.2$73.1$8.09
2022Detailed filing. Detailed filing data is available for this year.$48.3$48.3$72.9$79.4$6.49
2021Detailed filing. Detailed filing data is available for this year.$54.8$54.8$38.0$35.6$2.36
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2022 filings • 501(c)6 • <$500k nonprofits