Minnesota Shopping Center Association

“Members consist of dues paying individuals, partnerships, corporations, limited liability companies, or other entities which are determined by the association board of directors to be in the business of owning, operating, managing, planning, building, leasing, and/or other similar related activities connected with retail real estate and retail sales in minnesota. General member - everyone company must have one and voting rights; affiliate member - affiliate member shall be an employee of a general member; outstate member - members located outside the following minnesota telephone area codes: 952, 763, 651, 612 and has voting rights. All members have the same rights and privileges except for the right to vote.”

“The governing body is elected by members by ballot submitted to voting at least sixty days prior to each association annual meeting.”

“Members vote on changes to corporate governance documents.”

“There are no committees with the authority to act on behalf of the governing body.”

“The 990 is reviewed by the president and executive director each year before filing.”

“After disclosure of the financial interest and all material facts by a board member, and after any discussion with the interested person, he/she shall leave the board or executive committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or executive committee members shall decide if a conflict of interest exists. If a conflict exists, the person may make a presentation at the meeting, but must leave the meeting during the discussion of, and the vote on, the transaction with the potential interest. If a conflict exists, the name of the person and nature of the financial interest in the board minutes. The conflict of interest policy must be signed annually by each director, principal officer, and member of a committee with board-delegated powers.”

“Executive director pay is determined through board deliberation, as well as reference to industry standards and data, job responsibilities and accomplishments. The process described here was last completed in 2025.”

“The governing documents, conflict of interest policy, and financial statements are available to the public upon request.”

“Advertising services 51,000. Payroll services 2,538.”