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Minnesota Council on Economic Education

The mission of the Minnesota Council on Economic Education is to provide Minnesotans with the economic and personal finance understanding they need to function effectively in a complex, global environment.

Mission Statement
Review Completed: 3/16/2012
1994 Buford Avenue
St. Paul, MN 55108-6040
Phone: 612-625-3727
Fax: 612-625-3186
Other Names Used Minnesota State Council on Economic Education
EIN 41-6040647
Principal Staff Donald Liu, Executive Director
General Information
Board Chair Tim Bodin
Number of Board Members 44
Board meetings with quorum 4
Average Member Attendance at Board Meetings 20.5
Publicly Available Documents Most Recent 990
Most Recent Audit
Approximately 67,500 students directly benefited from the economic and personal finance learning activities implement by teachers involved in MCEE programs in the past fiscal year. 751 Minnesota K-12 teachers participated in one of 20 different professional development courses/conferences provided by MCEE. MCEE played a leading role in the revision of Minnesota's academic standards in economics and personal finance. Economics and personal finance will now be taught at every grade level beginning in Fall 2013. Minnesota student teams led by teachers participating in MCEE programs continue to become national champions in economics and personal finance.
Current Goals
Increase program participation by 5% among students and teachers Develop and implement one new program Develop effective ways to increase branding awareness Operate a financial sound organization Select and provide transition support for new Executive Director to begin July 1, 2012
Community or Constituency Served
The major community served is K-12 teachers. MCEE also offers programs to students, the general public, and to agencies serving low income and immigrant communities.
Geographic Area Served
Impact and Programs

3 Year Average Expenses

Program Services: $370,943 75.9%
Management: $70,398 14.4%
Fundraising: $47,338 9.7%

Unrestricted Net Assets

2010 2009 2008
End of Year: $449,934 $318,683 $264,896
Beginning of Year $318,683 $264,896 $397,122
Difference $131,251 $53,787 ($132,226)
Unrestricted Net Assets (End of Year), Current 990 $449,934
Based on information provided on 2008 to 2010
Show all standards met
List of Standards Met