Public Charity

MINNESOTA ASSOCIATION OF SCHOOL BUSINESS OFFICIALS

MINNESOTA ASSOCIATION OF SCHOOL BUSINESS OFFICIALS is a Public Charity headquartered in MINNEAPOLIS, MN. Financial data from the 2025 filing: $928K revenue, $856K expenses, $1.5M total assets.

EIN: 237101055 MINNEAPOLIS, MN Elementary & Secondary Schools NTEE: B20 Latest filing: 2025
Total Revenue$928K
Total Expenses$856K
Total Assets$1.5M
Grant Records0
Filing Years2021–2025

Mission

Advance the knowledge & abilities of school business professionals & provide a voice & forum for the profession.

Where $100 goes at Minnesota Association of School Business Officials

How Minnesota Association of School Business Officials divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$49 Programs the work itself
$51 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $49 for programs

$25
Provided meetings, workshops & seminars to advance members skills & provide opportunities for networking & sharing of information
50% of program spending · Reported in the filing: 250 attendees
$24
The MSDLAF+ Fund allows Minnesota school districts & entities to pool their investment funds to achieve a high yield
About 50% (cost not reported)
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Vice President Andrew Beenken-Adams
PRESIDENT ELECT Candace Nelis
PAST PRES/TREAS Cindy Olson
Executive Dir. Connie Nordquist
President John Morstad
Director Mert Woodard

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $928K $856K $1.5M
2024 $878K $762K $1.5M
2023 $854K $690K $1.4M
2022 $603K $691K $1.3M
2021 $464K $413K $1.2M

Between 2021 and 2025, reported annual revenue grew from $464K to $928K (+100%), with total assets most recently reported at $1.5M.

Interactive year-over-year charts and full filing details available with membership.

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