Public Charity

MINNESOTA CENTER FOR EMPLOYEE OWNERSHIP

MINNESOTA CENTER FOR EMPLOYEE OWNERSHIP, of SAINT CLOUD, MN, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $386K in revenue, $263K in expenses, $229K in total assets. 9 publicly reported grants to this organization, totaling roughly $234K, appear in IRS filings.

EIN: 844160755 SAINT CLOUD, MN Latest filing: 2024
Total Revenue$386K
Total Expenses$263K
Total Assets$229K
Grant Records9
Funding Total$234K
Filing Years2020–2024

Mission

MINNESOTA CENTER FOR EMPLOYEE OWNERSHIP, INC. (MNCEO) IS AN EDUCATIONAL NONPROFIT CORPORATION THAT IS DEDICATED TO PROTECTING JOBS, INCREASING COMMUNITY WEALTH, AND CREATING A MORE VIBRANT, INCLUSIVE ECONOMY. WE HELP BUSINESS OWNERS TRANSITION TO EMPLOYEE OWNERSHIP THROUGH EDUCATION, RESOURCES, AND EXPERT GUIDANCE. THESE TRANSITIONS NOT ONLY PRESERVE JOBS BUT ALSO STRENGTHEN COMMUNITIES AND CREATE LASTING FINANCIAL OPPORTUNITIES FOR EMPLOYEES. WHICH BUILDS A MORE INCLUSIVE AND RESILIENT ECONOMY FOR ALL MINNESOTANS.

Sample Grants Received

$45,500
2024
CONTINUING SUPPORT
$42,500
2024
MULTIPLE GRANTS FOR MULTIPLE PURPOSES
$7,000
2022
INITIAL GRANT FOR STARTUP COSTS.
$16,836
2022
DULUTH AREA OUTREACH FOR EMPLOYEE OWNERSHIP
$15,000

Showing up to 5 of 9 total records — full history available with membership.

Officers & Directors

DIRECTOR Andy Daly
TREASURER Fred Caslavka
EXECUTIVE DIRECTOR Kirsten Kennedy
CHAIR Laura Qualey
DIRECTOR Nicole Behm-Koep
DIRECTOR Roger Ryberg

Officer compensation and complete director data available with membership.

Top Grant Purposes

INITIAL GRANT FOR STARTUP COSTS.
$88,391 4 grants
COMM ECON DEV
$45,500 1 grant
CONTINUING SUPPORT
$42,500 1 grant
FISCAL SPONSORSHIP
$36,000 1 grant
DULUTH AREA OUTREACH FOR EMPLOYEE OWNERSHIP
$15,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $386K $263K $229K
2023 $78K $146K $79K
2022 $194K $166K $153K
2021 $162K $96K $118K
2020 $98K $47K $59K

Between 2020 and 2024, reported annual revenue grew from $98K to $386K (+293%), with total assets most recently reported at $229K.

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

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