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Merchant Advisory Group

  • Minneapolis, MN
  • Tax-exempt since Oct. 2008
  • EIN: 37-1558379

Organization summary

Type of Nonprofit

Designated as a Business leagues, chambers of commerce, real estate boards, etc, created for the improvement of business conditions.

Category: Community Improvement, Capacity Building / Promotion of Business (NTEE)

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$6.86M (2023)

Expenses
$6.83M (2023)

Total Assets
$8.23M (2023)

Total Liabilities
$2.76M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,857,340
Expenses
$6,827,271
Net Income
$30,069
Net Assets
$5,463,577
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,943,983
72.1%
Program Services $1,717,562
25.0%
Investment Income $195,795
2.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $8,225,299
Total Liabilities $2,761,722
Net Assets $5,463,577
Compensation
Key Employees and Officers Compensation Related Other
John Drechny (Ceo) $620,857 $0 $0
Elizabeth Provenzano (Sr Vp Public Affairs) $330,247 $0 $10,952
Bryan Penny (Vice President) $295,677 $0 $10,512
Steven Cole (Director) $240,628 $0 $18,220
Kristi Simonett (Director) $221,811 $0 $26,375
Kelly Andrus (Director) $215,419 $0 $12,969
Andrea Rouse (Senior Director) $189,698 $0 $12,594
Kathy Hanna (Chair) $0 $0 $0
Alok Mathur (Director) $0 $0 $0
Chris Priebe (Vice Chair) $0 $0 $0
Gina Powers (Treasurer) $0 $0 $0
Ron Collins (Director) $0 $0 $0
Ken Grogan (Director) $0 $0 $0
Jamie Henry (Director) $0 $0 $0
Peter Jessiman (Director) $0 $0 $0
Scott Anderson (Director) $0 $0 $0
Joe Vasterling (Secretary) $0 $0 $0
John Aglialoro (Director) $0 $0 $0
Dee O'malley (Ex Officio Director) $0 $0 $0
Ann Schmitt (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 13, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,243,279
Expenses
$5,245,875
Net Income
-$2,596
Net Assets
$5,433,508
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,631,535
69.3%
Program Services $1,540,143
29.4%
Investment Income $71,601
1.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $7,854,359
Total Liabilities $2,420,851
Net Assets $5,433,508
Compensation
Key Employees and Officers Compensation Related Other
John Drechny (Ceo) $547,767 $0 $0
Laura Townsend (Chief Operations Officer) $320,137 $0 $0
Elizabeth Provenzano (Sr Vp Public Affairs) $193,393 $0 $7,591
Steven Cole (Director) $169,699 $0 $6,683
Eric Vescera (Former Director) $160,852 $0 $8,454
Karina Bellorin (Strategic Project Manager) $137,563 $0 $6,850
Kari Hartley (Executive Admin Assistant) $135,150 $0 $6,962
Andrea Rouse (Director) $132,499 $0 $6,606
Leah Collins (Director) $113,588 $0 $5,671
Kathy Hanna (Chair) $0 $0 $0
Alok Mathur (Director) $0 $0 $0
Chris Priebe (Vice Chair) $0 $0 $0
Gina Powers (Treasurer) $0 $0 $0
Ron Collins (Director) $0 $0 $0
Ken Grogan (Director) $0 $0 $0
Jamie Henry (Director) $0 $0 $0
Peter Jessiman (Director) $0 $0 $0
Scott Anderson (Director) $0 $0 $0
Joe Vasterling (Secretary) $0 $0 $0
John Aglialoro (Director) $0 $0 $0
Dee O'malley (Ex Officio Director) $0 $0 $0
Ann Schmitt (Director) $0 $0 $0
Chris Storbeck (Vice President) $0 $0 $0
+ View more people

Document Links

990
Filed on Oct. 26, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,550,753
Expenses
$3,901,670
Net Income
$2,649,083
Net Assets
$5,436,104
Notable Sources of Revenue Percent of Total Revenue
Contributions $5,524,130
84.3%
Program Services $1,006,920
15.4%
Investment Income $19,703
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $7,667,222
Total Liabilities $2,231,118
Net Assets $5,436,104
Compensation
Key Employees and Officers Compensation Related Other
John Drechny (Ceo) $551,503 $0 $0
Laura Townsend (Chief Operations Officer) $318,264 $0 $0
Elizabeth Provenzano (Sr Vp Public Affairs) $200,174 $0 $0
Eric O'brien (Vp Collaboration And Education) $63,891 $0 $0
Kathy Hanna (Chair) $0 $0 $0
Alok Mathur (Secretary) $0 $0 $0
Chris Priebe (Vice Chair) $0 $0 $0
Kelly Andrus (Director) $0 $0 $0
Gina Powers (Treasurer) $0 $0 $0
Ron Collins (Director) $0 $0 $0
Ken Grogan (Director) $0 $0 $0
Jamie Henry (Director) $0 $0 $0
Peter Jessiman (Director) $0 $0 $0
Scott Anderson (Director) $0 $0 $0
Joe Vasterling (Vice Chair) $0 $0 $0
John Aglialoro (Director) $0 $0 $0
Dee O'malley (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 7, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,673,757
Expenses
$3,676,053
Net Income
$997,704
Net Assets
$2,787,021
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,445,450
73.7%
Program Services $1,205,807
25.8%
Investment Income $22,500
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,970,023
Total Liabilities $2,183,002
Net Assets $2,787,021
Compensation
Key Employees and Officers Compensation Related Other
John Drechny (Ceo) $488,760 $0 $0
Laura Townsend (Chief Operations Officer) $273,288 $0 $0
Elizabeth Provenzano (V.P. Public Affairs) $206,875 $0 $0
Kathy Hanna (Board Chair) $0 $0 $0
Alok Mathur (Secretary) $0 $0 $0
Chris Priebe (Treasurer) $0 $0 $0
Dee O'malley (Director) $0 $0 $0
Kelly Andrus (Director) $0 $0 $0
Kristy Cook (Director) $0 $0 $0
John Manna (Director) $0 $0 $0
Denis Bouchard (Board Vice Chair) $0 $0 $0
Gina Powers (Director) $0 $0 $0
John Aglialoro (Director) $0 $0 $0
Ken Grogan (Director) $0 $0 $0
Jamie Henry (Director) $0 $0 $0
Peter Jessiman (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Aug. 9, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,917,773
Expenses
$3,236,267
Net Income
$681,506
Net Assets
$1,789,317
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,567,696
65.5%
Program Services $1,335,207
34.1%
Investment Income $14,870
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $3,883,576
Total Liabilities $2,094,259
Net Assets $1,789,317
Compensation
Key Employees and Officers Compensation Related Other
John Drechny (Ceo) $474,504 $0 $0
Laura Townsend (Svp Of Operations) $265,328 $0 $0
Mark Horwedel (Prior Ceo) $195,494 $0 $0
Elizabeth Provezano (V.P. Public Affairs) $131,306 $0 $0
Troy Carrothers (Chair) $0 $0 $0
Kathy Hanna (Vice Chair) $0 $0 $0
Alok Mathur (Secretary) $0 $0 $0
Chris Priebe (Treasurer) $0 $0 $0
Dee O'malley (Director) $0 $0 $0
Dean Sheaffer (Director) $0 $0 $0
Kelly Andrus (Director) $0 $0 $0
Kristy Cook (Director) $0 $0 $0
John Manna (Director) $0 $0 $0
Bryan Penny (Director) $0 $0 $0
Denis Bouchard (Director) $0 $0 $0
Jamie Henry (Director) $0 $0 $0
Gina Powers (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on May 11, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,669,941
Expenses
$2,441,652
Net Income
$228,289
Net Assets
$1,174,559
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,566,946
58.7%
Program Services $1,100,785
41.2%
Investment Income $2,210
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,351,317
Total Liabilities $1,176,758
Net Assets $1,174,559

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,168,443
Expenses
$2,056,393
Net Income
$112,050
Net Assets
$946,270
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,270,533
58.6%
Program Services $896,100
41.3%
Investment Income $1,810
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,913,766
Total Liabilities $967,496
Net Assets $946,270

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,738,318
Expenses
$1,772,014
Net Income
-$33,696
Net Assets
$834,220
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,088,215
62.6%
Program Services $646,502
37.2%
Investment Income $3,601
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,591,926
Total Liabilities $757,706
Net Assets $834,220

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,532,147
Expenses
$1,414,298
Net Income
$117,849
Net Assets
$867,916
Notable Sources of Revenue Percent of Total Revenue
Contributions $950,617
62.0%
Program Services $577,645
37.7%
Investment Income $1,885
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,000
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,673,946
Total Liabilities $806,030
Net Assets $867,916

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,335,125
Expenses
$1,077,942
Net Income
$257,183
Net Assets
$750,067
Notable Sources of Revenue Percent of Total Revenue
Contributions $887,869
66.5%
Program Services $446,510
33.4%
Investment Income $746
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,520,566
Total Liabilities $770,499
Net Assets $750,067

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,136,708
Expenses
$876,359
Net Income
$260,349
Net Assets
$492,884
Notable Sources of Revenue Percent of Total Revenue
Contributions $741,417
65.2%
Program Services $394,848
34.7%
Investment Income $443
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,224,742
Total Liabilities $731,858
Net Assets $492,884

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$995,102
Expenses
$714,002
Net Income
$281,100
Net Assets
$232,535
Notable Sources of Revenue Percent of Total Revenue
Contributions $665,892
66.9%
Program Services $328,909
33.1%
Investment Income $301
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $768,633
Total Liabilities $536,098
Net Assets $232,535

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$686,094
Expenses
$620,452
Net Income
$65,642
Net Assets
$204,935
Notable Sources of Revenue Percent of Total Revenue
Contributions $455,500
66.4%
Program Services $230,380
33.6%
Investment Income $214
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $211,542
Total Liabilities $6,607
Net Assets $204,935

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF
PDF (2 of 2)

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

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