Civic Intelligence

Minnesota Collection Network for Student Loans Receivables

EIN 41-1619042 • 501(c)6 • Duluth, MN

Profile

Provide peers with information and resources for education

1049 University Dr - Darland No 1Duluth, MN 55812

www.mnnetwork.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

49th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

51st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • <$500k nonprofits • Source year 2020

Net Margin

2nd percentile

-1525%

Higher net margin than 2% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2020

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)6 • <$500k nonprofits • Source year 2020

Asset Growth

49th percentile

-1.9%

Faster asset growth than 49% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

3rd percentile

-100%

Faster revenue growth than 3% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets49th percentile

Assets

Down

$63,291

Down $1,235 (-1.9%) from 2019

Liabilities

Flat

$0

Flat from 2019

Net Assets

Down

$63,291

Down $1,235 (-1.9%) from 2019

Operations
Liabilities / Revenue51st percentileNet Margin2nd percentile

Revenue

Down

$81

Down $55,403 (-100%) from 2019

Expenses

Down

$1,316

Down $35,431 (-96%) from 2019

Net Income

Down

-$1,235

Down $19,972 (-107%) from 2019

Trend Graphs

Balance Sheet Trend

Asset Growth49th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100K$50K$0Assets 2011: $80,150Liabilities 2011: $02011Assets 2012: $84,730Liabilities 2012: $02012Assets 2013: $80,488Liabilities 2013: $0Net Assets 2013: $80,4882013Assets 2014: $82,624Liabilities 2014: $0Net Assets 2014: $82,6242014Assets 2015: $71,100Liabilities 2015: $02015Assets 2016: $73,386Liabilities 2016: $02016Assets 2017: $56,713Liabilities 2017: $0Net Assets 2017: $56,7132017Assets 2018: $45,789Liabilities 2018: $0Net Assets 2018: $45,7892018Assets 2019: $64,526Liabilities 2019: $0Net Assets 2019: $64,5262019Assets 2020: $63,291Liabilities 2020: $0Net Assets 2020: $63,2912020

Highlighted filing

2020

Assets$63,291
Liabilities$0
Net Assets$63,291
Open 2020 Filing

Operations Trend

Revenue Growth3rd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0-$50KRevenue 2011: $15,971Expenses 2011: $2,472Net Income 2011: $13,4992011Revenue 2012: $5,627Expenses 2012: $1,047Net Income 2012: $4,5802012Revenue 2013: $66,761Expenses 2013: $71,003Net Income 2013: -$4,2422013Revenue 2014: $74,066Expenses 2014: $71,930Net Income 2014: $2,1362014Revenue 2015: $66,191Expenses 2015: $76,968Net Income 2015: -$10,7772015Revenue 2016: $63,186Expenses 2016: $60,900Net Income 2016: $2,2862016Revenue 2017: $53,706Expenses 2017: $70,379Net Income 2017: -$16,6732017Revenue 2018: $51,373Expenses 2018: $62,297Net Income 2018: -$10,9242018Revenue 2019: $55,484Expenses 2019: $36,747Net Income 2019: $18,7372019Revenue 2020: $81Expenses 2020: $1,316Net Income 2020: -$1,2352020

Highlighted filing

2020

Revenue$81
Expenses$1,316
Net Income-$1,235
Open 2020 Filing

Filings

Most recent year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$63,291
Liabilities
$0
Net assets
$63,291
Revenue
$81
Expenses
$1,316
Net income
-$1,235
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$63.3$0.00$63.3$0.08$1.32$1.24
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$64.5$0.00$64.5$55.5$36.7$18.7
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$45.8$0.00$45.8$51.4$62.3$10.9
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$56.7$0.00$56.7$53.7$70.4$16.7
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$73.4$0.00$63.2$60.9$2.29
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$71.1$0.00$66.2$77.0$10.8
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$82.6$0.00$82.6$74.1$71.9$2.14
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$80.5$0.00$80.5$66.8$71.0$4.24
2012Summary only. Only limited summary data is available for this year.$84.7$0.00$5.63$1.05$4.58
2011Summary only. Only limited summary data is available for this year.$80.2$0.00$16.0$2.47$13.5
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jul 8, 2021
Return Version
2020v4.1
Gross Receipts
$81
Mission and Program Overview

Mission

Provide peers with information and resources for education

Program Services

DescriptionGrantsExpenses
PROVIDE 2.5 DAY CONFERENCE WITH TRACKS FOR FEDERAL STUDENT LOAN PERSONNEL AND STUDENT ACCOUNTS RECEIVABLE PERSONNEL OF COLLEGES. OBJECT IS NOT TO MAKE A PROFIT BUT PROVIDE QUALITY LOW COST MEETING FOR PEERS AT COLLEGES AND UNIVERSITIES. NO CONFERENCE IN 2020 DUE TO COVID-19 PANDEMIC.$0$0
PROVIDE MEMBERSHIP OF COLLEGES AND ORGANIZATIONS THAT AID THEM, WITH NEWSLETTERS AND ACCESS TO OTHER NATIONAL ORGANIZATIONS NEWS, INFORMATION AND MEETINGS, ON NEW FEDERAL REGULATIONS, LAWS, AND INTERPRETATIONS. CONTACT INFORMATION FOR PEERS WHO CAN PROVIDE ASSISTANCE. MEMBERSHIP RUNS AROUND 66 SCHOOLS AND ORGANIZATIONS.$0$0
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
DEANNA NORDEENChair-$0--
MIGUEL GRANGERTreasurer-$0--
LYDIA SELFSecretary/Purchasing-$0--
LORI HARTUNGAssociate Member Rep-$0--
KATHY FREEMANVice Chair, Hotel/Curricul-$0--
DIANE SYLERMembership/Registration-$0--
BILL PETERSONVendor Relations-$0--
MICHAEL MATKOWSKYAssociate Member Rep-$0--
NATHAN KOERINGAssociate Member Rep-$0--
Filing and Contact Details

Filer

Filer Name
Minnesota Collection Network for Student
EIN
41-1619042
Phone
2187267511
Address
1049 UNIVERSITY DR - DARLAND NO 1, DULUTH, MN 55812

Signing Officer

Name
Deanna Nordeen
Title
Chair
Phone
2187267511
Signed
2021-07-08
Discuss with paid preparer
Yes

Preparer

Firm
Miller Welle Heiser & Co Ltd
Address
4170 THIELMAN LANE PO BOX 159, ST CLOUD, MN 56302-0159
Preparer
Michael R Nelson CPA
Phone
3202539505
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

“Description: interest. Amount: 6.”

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: website. Amount: 257. Description: travel. Amount: 561. Total to form 990-ez, line 16: 818.”

Raw XML Appendix149 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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/PersonNm0DEANNA NORDEEN
IRS990EZ/BooksInCareOfDetail/PhoneNum02187267511
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01049 UNIVERSITY DR - 129 DARLAND
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine2Txt0BLDG
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0DULUTH
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd055812
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt064526
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt063291
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-1235
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0498
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt064526
IRS990EZ/Form990TotalAssetsGrp/EOYAmt063291
IRS990EZ/GrossReceiptsAmt081
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InvestmentIncomeAmt06
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt064526
IRS990EZ/NetAssetsOrFundBalancesEOYAmt063291
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt064526
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt063291
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt32.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt42.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt52.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt62.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt72.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt82.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DEANNA NORDEEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MIGUEL GRANGER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2LYDIA SELF
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3LORI HARTUNG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4KATHY FREEMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5DIANE SYLER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6BILL PETERSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7MICHAEL MATKOWSKY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8NATHAN KOERING
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY/PURCHASING
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3ASSOCIATE MEMBER REP
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4VICE CHAIR, HOTEL/CURRICUL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5MEMBERSHIP/REGISTRATION
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6VENDOR RELATIONS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7ASSOCIATE MEMBER REP
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8ASSOCIATE MEMBER REP
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt0818
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDE PEERS WITH INFORMATION AND RESOURCES FOR EDUCATION
IRS990EZ/ProgramServiceRevenueAmt075
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDE 2.5 DAY CONFERENCE WITH TRACKS FOR FEDERAL STUDENT LOAN PERSONNEL AND STUDENT ACCOUNTS RECEIVABLE PERSONNEL OF COLLEGES. OBJECT IS NOT TO MAKE A PROFIT BUT PROVIDE QUALITY LOW COST MEETING FOR PEERS AT COLLEGES AND UNIVERSITIES. NO CONFERENCE IN 2020 DUE TO COVID-19 PANDEMIC.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1PROVIDE MEMBERSHIP OF COLLEGES AND ORGANIZATIONS THAT AID THEM, WITH NEWSLETTERS AND ACCESS TO OTHER NATIONAL ORGANIZATIONS NEWS, INFORMATION AND MEETINGS, ON NEW FEDERAL REGULATIONS, LAWS, AND INTERPRETATIONS. CONTACT INFORMATION FOR PEERS WHO CAN PROVIDE ASSISTANCE. MEMBERSHIP RUNS AROUND 66 SCHOOLS AND ORGANIZATIONS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt10
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt01316
IRS990EZ/TotalRevenueAmt081
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.MNNETWORK.ORG
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST. AMOUNT: 6.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: WEBSITE. AMOUNT: 257. DESCRIPTION: TRAVEL. AMOUNT: 561. TOTAL TO FORM 990-EZ, LINE 16: 818.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DEANNA NORDEEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum02187267511
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-07-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MINNESOTA COLLECTION NETWORK FOR STUDENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0LOAN/RECEIVABLES
ReturnHeader/Filer/BusinessNameControlTxt0MINN
ReturnHeader/Filer/EIN0411619042
ReturnHeader/Filer/PhoneNum02187267511
ReturnHeader/Filer/USAddress/AddressLine1Txt01049 UNIVERSITY DR - DARLAND NO 1
ReturnHeader/Filer/USAddress/CityNm0DULUTH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055812
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411334380
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MILLER WELLE HEISER & CO LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04170 THIELMAN LANE PO BOX 159
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ST CLOUD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0563020159
ReturnHeader/PreparerPersonGrp/PhoneNum03202539505
ReturnHeader/PreparerPersonGrp/PreparationDt02021-07-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL R NELSON CPA
ReturnHeader/ReturnTs02021-08-16T10:14:11-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DEANNA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0NORDEEN
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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