Mankato Teachers' Association FY2024 filing

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Collective bargaining

Form 990 Part I, line 1, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 23-7125708) · Dispute this line
501(c)(5) labor or agricultural organization; gifts are not tax-deductible as charitable contributions.
100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(5)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
The IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average surplus $13K a year · 2% of revenue · last 6 filings
A surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
100%
of spending
100% of spending went to programs.
Pt IX · Ln 25 · col B
5.8 mo
of spending, in cash
5.8 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $45K
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Liabilities are 0% of assets.
Pt X · Ln 26
Independent board members
7
of 7 voting members
7 of 7 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$480K
-6% vs prior year
Spent
$499K
To programs
100%
Net assets
$240K
By yearFY2020–FY2025
Revenue
$480K
FY2024▼ -6%
Tap a bar for its year
Revenue by fiscal year
FY2020$564K
FY2021$601K
FY2022$614K
FY2023$509K
FY2024$480K
FY2025$569K
Expenses
$499K
FY2024▼ -8%
Tap a bar for its year
Expenses by fiscal year
FY2020$532K
FY2021$499K
FY2022$645K
FY2023$545K
FY2024$499K
FY2025$537K
Net assets
$240K
FY2024▼ -8%
Tap a bar for its year
Net assets by fiscal year
FY2020$223K
FY2021$325K
FY2022$295K
FY2023$259K
FY2024$240K
FY2025$272K

From the FY2024 Form 990 (year ending August 2024) · figures checked against the IRS filing · see the original

You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jan 2000.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $499K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

6 people listed on the 990.

Part VII, Section A · reportable compensation
Treasurer
$0Pt VII · Sec A
Govt Relatio
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
Membership
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
See Mankato Teachers' Association executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Mankato Teachers' Association is a member-serving organization based in Mankato, MN.

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3 programs · in their own filed words · FY2023
01

Labor Contract Negotiations

Mankato teachers' association represents approximately 600 members in negotiating bi-annual contracts with minnesota school district 77. During the year ended august 31, 2024, association representatives didn't hold any meetings with the district regarding contract matters.

Form 990 Part III, line 4, FY2023. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 23-7125708) · Dispute this line
Pt IX · Ln 25 · col B
02

Member Support

The association encourages its members to increase their skills, understanding, and involvement in the labor relations process. Financial support was provided to enable them to attend either one or more of five workshops or a national meeting.

Form 990 Part III, line 4, FY2023. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 23-7125708) · Dispute this line
Pt IX · Ln 25 · col B
03

Membership Activities

The association encourages comraderie among its members in order to further the members' understanding of their common goals. Six social events involving approximately 20 to 100 members were held during the year.

Form 990 Part III, line 4, FY2023. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 23-7125708) · Dispute this line
Pt IX · Ln 25 · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$45K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$480K
Ln 12
Fees for servicesLn 2g$467K
Gifts and grantsLn 1h$8K
Investment incomeLn 3$5K
Money outPt IX
$499K
Ln 25
Programscol B$499K
Owns and owesPt X
$240K
net assets · Ln 32
Cash and savingsLn 1–2$240K
Total assetsLn 16$240K
LiabilitiesLn 26$0
PeoplePt VI, VII
6
listed · VII A
PaidVII A0
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$8K
Government grantsLn 1e$8K
Fees for servicesLn 2g$467K
Investment incomeLn 3$5K
Total revenueLn 12$480K
Assets in detailPt X, end of year
SavingsLn 2$240K
Cash and savings togetherLn 1–2$240K
Total assetsLn 16$240K
LiabilitiesLn 26$0
Net assetsLn 32$240K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderAugust
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$259K$240K
Total assetsLn 16$259K$240K
LiabilitiesLn 26$0$0
Net assetsLn 32$259K$240K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of officers and key staff (Part IX, line 5)Ln 5$11K$11K
Accounting feesLn 11c$2K$2K
Office expensesLn 13$13K$13K
OccupancyLn 16$605$605
TravelLn 17$3K$3K
Other expenses (24a–d)Ln 24$468K$468K
All other expensesLn 24e$1K$1K
Total functional expensesLn 25$499K$499K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Nov 12, 2025 $569K$537K$32K$272K 990 PDF
FY2024 ViewingFiled with the IRS Jan 15, 2025 $480K$499K−$20K$240K 990 PDF
FY2023Filed with the IRS Dec 14, 2023 $509K$545K−$36K$259K 990 PDF
FY2022Filed with the IRS Jul 10, 2023 $614K$645K−$30K$295K 990 PDF
FY2021Filed with the IRS Jul 11, 2022 $601K$499K$102K$325K 990 PDF
FY2020Filed with the IRS Oct 8, 2021 $564K$532K$31K$223K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2024 990
Part I · Summary $479,658 revenue, 12 lines filed
I-8 Contributions and grants$7,887
I-9 Program service revenuePrior year $509,067$467,022
I-10 Investment incomePrior year $167$4,749
I-11 Other revenue$0
I-12 Total revenuePrior year $509,234$479,658
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $14,700$10,700
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $530,343$488,544
I-18 Total expensesPrior year $545,043$499,244
I-19 Revenue less expensesPrior year −$35,809−$19,586
Part VI · Governance 7 of 7 board members independent, 1 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-12a Written conflict of interest policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $479,658 across 5 lines filed
VIII-1e Government grants$7,887
VIII-1h Total contributions, gifts and grants$7,887
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $467,022$467,022
VIII-3 Investment incomeExcluded from tax $4,749$4,749
VIII-12 Total revenueRelated to mission $467,022 · Excluded from tax $4,749$479,658
Part IX · Statement of functional expenses $499,244 across 7 lines filed
IX-5 Pay of officers and key staff (Part IX, line 5)Programs $10,700$10,700
IX-11c Accounting feesPrograms $1,922$1,922
IX-13 Office expensesPrograms $12,945$12,945
IX-16 OccupancyPrograms $605$605
IX-17 TravelPrograms $3,337$3,337
IX-24 Other expenses (24a–d)Programs $468,256$468,256
IX-24e All other expensesPrograms $1,479$1,479
IX-25 Total functional expensesPrograms $499,244 · Management $0 · Fundraising $0$499,244
Part X · Balance sheet $239,523 assets, 6 lines filed
X-2 Savings and temporary cash investmentsStart of year $259,109$239,523
X-16 Total assetsStart of year $259,109$239,523
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $259,109$239,523
X-32 Total net assets or fund balancesStart of year $259,109$239,523
X-33 Total liabilities and net assetsStart of year $259,109$239,523
Part XI · Reconciliation of net assets $239,523 net assets at year end
XI-1 Total revenue$479,658
XI-2 Total expenses$499,244
XI-3 Revenue less expenses−$19,586
XI-4 Net assets at start of year$259,109
XI-10 Net assets at end of year$239,523

Form 990 e-file FY2024 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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