Cfa Society of Minnesota
Public records raise at least one point you should look into before giving.
What it says it does
TO ADVANCE PROFESSIONAL EXCELLENCE WHILE PROMOTING ETHICAL BEHAVIOR AND FELLOWSHIP THROUGH DEVELOPMENT AND ENGAGEMENT OPPORTUNITIES FOR OUR MEMBERS.
- Income
- $532,347
- Spending
- $511,916
- Employees
- 2
- Volunteers
- 100
- Highest pay
- $125,073, executive director
Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. How we rate
Governance
This return does not answer enough of the governance questions to score.
Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- ANNUAL DINNER - THE CFAMN ANNUAL DINNER IS OUR LARGEST PUBLIC AWARENESS EVENT, DESIGNED TO RAISE THE LEVEL OF AWARENESS OF OUR MEMBERS IN THE BROADER COMMUNITY AS WELL AS BRING TOGETHER AS LARGE A GROUP OF MEMBERS AS POSSIBLE TO CONTINUE WORKING TOWARD DEVELOPMENT OF "COMMUNITY." A VERITABLE "WHO'S WHO" OF THE LOCAL INVESTMENT COMMUNITY - CLIENTS, SPOUSES AND EMPLOYERS AS WELL AS THE GENERAL MEMBERSHIP - IS INVITED AND ENCOURAGED TO ATTEND. THE ANNUAL DINNER WAS HELD IN FEBRUARY 2025 WITH 400 ATTENDEES.
- NEW CFA CHARTERHOLDER RECOGNITION - THE CHARTERED FINANCIAL ANALYST (CFA) DESIGNATION IS A GLOBALLY RECOGNIZED STANDARD FOR MEASURING THE COMPETENCE AND INTEGRITY OF INVESTMENT PROFESSIONALS. THE THREE LEVELS OF EXAMINATION VERIFY A CANDIDATE'S ABILITY TO APPLY THESE PRINCIPLES ACROSS ALL AREAS OF THE INVESTMENT DECISION-MAKING PROCESS. THE PROGRAM'S PROFESSIONAL CONDUCT REQUIREMENTS DEMAND THAT BOTH CFA CANDIDATES AND CHARTERHOLDERS ADHERE TO THE HIGHEST STANDARDS OF ETHICAL RESPONSIBILITY. IN FY2025 WE HELD 1 DINNER WITH MORE THAN 60 ATTENDEES.
- PROFESSIONAL LEARNING - PROFESSIONAL LEARNING EVENTS ARE HELD THROUGHOUT OUR ACTIVE MONTHS (SEPTEMBER THROUGH JUNE). PROGRAMS TYPICALLY ARE OFFERED IN AN EVENING FORMAT AND PROVIDE UPDATES ON CURRENT INDUSTRY TOPICS AND BEST PRACTICES. MEETINGS ARE OPEN TO MEMBERS, OTHER INDUSTRY PROFESSIONALS AND STUDENTS. SPEAKERS ARE REPRESENTATIVES FROM THE FINANCIAL SERVICES INDUSTRY, BOTH LOCAL AND NATIONAL PERSPECTIVES. IN FY2025 (SEP 2024-AUG 2025), WE OFFERED MORE THAN 25 IN PERSON AND VIRTUAL EVENTS, ATTENDED BY MORE THAN 1400 PEOPLE.
Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(6) business league.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Caution.
The IRS master file records contributions to this 501(c)(6) business league as not deductible.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending August 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since April 2004.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.