North Central Economic Development Association Inc.
North Central Economic Development Association Inc.
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About this organization
Mission
Promote economic development through the operation of a revolving loan fund and provide loans to individuals for household well water systems in the five county area of Cass, Crow Wing, Morrison, Todd and Wadena counties.
About
Operation of a revolving loan fund - loans are made to promote economic development by providing funds for working capital, inventory and improvements to businesses in the five county area of Cass, Crow Wing, Morrison, Todd and Wadena counties.
Interesting data from their 2020 990 filing
The purpose of the non-profit is stated in the filing as “Our mission is to provide assistance to cultivate new skills and resources that unite communities and contribute to a prosperous economy.”.
Their activities were defined as: “Promote economic development through the operation of a revolving loan fund and provide loans to individuals for household well water systems in the five county area of cass, crow wing, morrison, todd and wadena counties.”.
- As per legal requirements, the non-profit's state of operation is reported as MN.
- The non-profit's address in 2020 as per the filing is 200 1ST STREET NE NO 2, STAPLES, MN, 56479.
- The form of the non-profit organization shows 0 employees as of 2020.
- Is not a private foundation.
- Expenses are between $100,000 and $250,000.
- Revenue is between $100,000 and $250,000.
- Revenue less expenses is $4,915.
- The organization has 22 independent voting members.
- The organization was formed in 1986.
- The organization pays $1,965 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
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