Civic Intelligence

Prairieland Economic Development

EIN 41-1493486 • 501(c)3 • Slayton, MN

View Organization Page

Profile

The corporation seeks to assist businesses with the following: economic development by assisting in the growth and expansion of small business and industry, promoting the improvement of community services, expand business ownership opportunities, promote the development of general and community welfare, and increase the local tax base.

1 Prairie DriveSlayton, MN 56172-1347

www.prairielandedc.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2022

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

60th percentile

7.5%

Higher net margin than 60% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

90th percentile

$32,982

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 6.7% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

23rd percentile

-37%

Faster revenue growth than 23% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $2,209,843 (-100%) from 2021

Liabilities

Down

$0

Down $816,430 (-100%) from 2021

Net Assets

Down

$0

Down $1,393,413 (-100%) from 2021

Operations
Liabilities / Revenue62nd percentileNet Margin60th percentile

Revenue

Down

$493,241

Down $295,823 (-37%) from 2021

Expenses

Down

$456,398

Down $94,744 (-17%) from 2021

Net Income

Down

$36,843

Down $201,079 (-85%) from 2021

Trend Graphs

Balance Sheet Trend

Asset Growth10th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0-$1.0MAssets 2011: $2,655,586Liabilities 2011: $2,968,738Net Assets 2011: -$313,1522011Assets 2012: $2,593,685Liabilities 2012: $2,770,463Net Assets 2012: -$176,7782012Assets 2013: $2,474,745Liabilities 2013: $2,528,095Net Assets 2013: -$53,3502013Assets 2014: $2,491,097Liabilities 2014: $2,362,431Net Assets 2014: $128,6662014Assets 2015: $2,454,122Liabilities 2015: $2,171,045Net Assets 2015: $283,0772015Assets 2016: $2,387,833Liabilities 2016: $1,992,892Net Assets 2016: $394,9412016Assets 2017: $2,406,564Liabilities 2017: $1,839,400Net Assets 2017: $567,1642017Assets 2018: $2,330,818Liabilities 2018: $1,644,241Net Assets 2018: $686,5772018Assets 2019: $2,368,586Liabilities 2019: $1,469,899Net Assets 2019: $898,6872019Assets 2020: $2,115,077Liabilities 2020: $959,586Net Assets 2020: $1,155,4912020Assets 2021: $2,209,843Liabilities 2021: $816,430Net Assets 2021: $1,393,4132021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022

Highlighted filing

2022

Assets$0
Liabilities$0
Net Assets$0
Open 2022 Filing

Operations Trend

Revenue Growth23rd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2011: $660,286Expenses 2011: $672,230Net Income 2011: -$11,9442011Revenue 2012: $804,233Expenses 2012: $667,859Net Income 2012: $136,3742012Revenue 2013: $802,030Expenses 2013: $678,602Net Income 2013: $123,4282013Revenue 2014: $827,138Expenses 2014: $645,122Net Income 2014: $182,0162014Revenue 2015: $784,551Expenses 2015: $630,140Net Income 2015: $154,4112015Revenue 2016: $740,761Expenses 2016: $628,897Net Income 2016: $111,8642016Revenue 2017: $759,566Expenses 2017: $587,343Net Income 2017: $172,2232017Revenue 2018: $781,361Expenses 2018: $661,948Net Income 2018: $119,4132018Revenue 2019: $721,007Expenses 2019: $508,897Net Income 2019: $212,1102019Revenue 2020: $769,639Expenses 2020: $512,835Net Income 2020: $256,8042020Revenue 2021: $789,064Expenses 2021: $551,142Net Income 2021: $237,9222021Revenue 2022: $493,241Expenses 2022: $456,398Net Income 2022: $36,8432022

Highlighted filing

2022

Revenue$493,241
Expenses$456,398
Net Income$36,843
Open 2022 Filing

Filings

Most recent year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$493,241
Expenses
$456,398
Net income
$36,843
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.49$0.46$0.04
2021Detailed filing. Detailed filing data is available for this year.$2.21$0.82$1.39$0.79$0.55$0.24
2020Detailed filing. Detailed filing data is available for this year.$2.12$0.96$1.16$0.77$0.51$0.26
2019Detailed filing. Detailed filing data is available for this year.$2.37$1.47$0.90$0.72$0.51$0.21
2018Detailed filing. Detailed filing data is available for this year.$2.33$1.64$0.69$0.78$0.66$0.12
2017Summary only. Only limited summary data is available for this year.$2.41$1.84$0.57$0.76$0.59$0.17
2016Summary only. Only limited summary data is available for this year.$2.39$1.99$0.39$0.74$0.63$0.11
2015Summary only. Only limited summary data is available for this year.$2.45$2.17$0.28$0.78$0.63$0.15
2014Summary only. Only limited summary data is available for this year.$2.49$2.36$0.13$0.83$0.65$0.18
2013Summary only. Only limited summary data is available for this year.$2.47$2.53$0.05$0.80$0.68$0.12
2012Summary only. Only limited summary data is available for this year.$2.59$2.77$0.18$0.80$0.67$0.14
2011Summary only. Only limited summary data is available for this year.$2.66$2.97$0.31$0.66$0.67$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2021 to Sep 30, 2022
Signed
May 3, 2023
Return Version
2021v4.2
Gross Receipts
$493,241
Mission and Program Overview

Mission

The corporation seeks to assist businesses with the following: economic development by assisting in the growth and expansion of small business and industry, promoting the improvement of community services, expand business ownership opportunities, promote the development of general and community welfare, and increase the local tax base.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,009,657$0▼ $1,009,657
Other Notes and Loans Receivable, Net$894,579$0▼ $894,579
Land, Buildings, and Equipment, Net$244,972$0▼ $244,972
Accounts Receivable$46,024$0▼ $46,024
Prepaid Expenses and Deferred Charges$10,774$0▼ $10,774
Savings and Temporary Cash Investments-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$2,209,843$0▼ $2,209,843
Other Assets Total$3,837$0▼ $3,837
Liabilities
Mortgage Notes Payable Secured by Investment Property$741,546--
Accounts Payable and Accrued Expenses$74,884--
Total Liabilities$816,430$0▼ $816,430
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,350,881$0▼ $1,350,881
Net Assets With Donor Restrictions$42,532$0▼ $42,532
Total Net Assets Fund Balance$1,393,413$0▼ $1,393,413
Total Liabilities and Net Assets / Fund Balance$2,209,843$0▼ $2,209,843
Compensation and Service Providers
Top Officer Pay90th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Ann PetersonPresident/CEOFT$32,982$32,982

Board Members and Trustees

NameTitle
Pete NeigebauerChair
Chadwick SyltieFirst Chair
Sherri SchuellerImmediate Past Chair
Brigid TuckDirector
Claire GerberDirector
Dion WarneDirector
Jill MocklerDirector
Matthew DorothyDirector
Tim UlrichDirector
Renae ShieldsSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$490,834
Investment Income
$2,407
Other Revenue
$0
Change in Net Assets
$36,843
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$237,819
Other Expenses$218,579
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Comp Disqual Persons$183,391--$183,391
Fees for Services Management-$54,411-$54,411
Current Officers, Directors, Trustees, and Key Employees-$32,982-$32,982
Insurance$19,071$6,357-$25,428
Fees for Services Legal$16,194$5,398-$21,592
Payroll Taxes$15,497$2,734-$18,231
Depreciation Depletion$12,161$4,054-$16,215
Office Expenses$7,717$2,572-$10,289
Fees for Services Accounting-$10,070-$10,070
Information Technology$9,788--$9,788
Travel$3,785$3,879-$7,664
Interest$7,137--$7,137
Other Expenses$4,238$12,115-$4,238
Pension Plan Contributions$3,215--$3,215
Conferences and Meetings$3,119--$3,119
Advertising$2,128--$2,128
All Other Expenses$333--$333
Total Functional Expenses$321,826$134,572$0$456,398
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The 990 is reviewed by the board of directors.”

Form 990, Part VI, Section B, Line 12C

“The board chair reviews all conflicts of interest questionnaires and reports annually to the board”

Form 990, Part VI, Section B, Line 15

“The board of directors reviews annually utilizing national and regional data and studies.”

Form 990, Part VI, Section C, Line 19

“Governing documents, conflicts of interest policy, and financial statements are available for review, upon request, at corporation's office.”

Filing and Contact Details

Filer

Filer Name
Prairieland Economic Development Corpora
EIN
41-1493486
Phone
5078366656
Address
1 PRAIRIE DRIVE, SLAYTON, MN 56172-1347

Signing Officer

Name
Thomas Saehr
Title
President & CEO of Mbfc
Phone
3202585000
Signed
2023-05-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Thomas Saehr
Formed
1983
Legal Domicile
Mn
Voting Board Members
8
Independent Board Members
8
Employees
6
Volunteers
0

Preparer

Firm
Miller Welle Heiser & Co Ltd
Address
4170 THIELMAN LANE PO BOX 159, ST CLOUD, MN 56302-0159
Preparer
Trina Peeters CPA
Phone
3202539505
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Acquired by minnesota business finance corporation -1,430,256.”

Form 990, Part XII, Line 2C

“The process has not changed.”

Raw XML AppendixShowing 400 of 492 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt074884
IRS990/AccountsReceivableGrp/BOYAmt046024
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE CORPORATION SEEKS TO ASSIST BUSINESSES WITH THE FOLLOWING: ECONOMIC DEVELOPMENT BY ASSISTING IN THE GROWTH AND EXPANSION OF SMALL BUSINESS AND INDUSTRY, PROMOTING THE IMPROVEMENT OF COMMUNITY SERVICES, EXPAND BUSINESS OWNERSHIP OPPORTUNITIES, PROMOTE THE DEVELOPMENT OF GENERAL AND COMMUNITY WELFARE, AND INCREASE THE LOCAL TAX BASE.
IRS990/AdvertisingGrp/ProgramServicesAmt02128
IRS990/AdvertisingGrp/TotalAmt02128
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0333
IRS990/AllOtherExpensesGrp/TotalAmt0333
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THOMAS SAEHR
IRS990/BooksInCareOfDetail/PhoneNum03202585000
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0616 ROOSEVELT ROAD SUITE 200
IRS990/BooksInCareOfDetail/USAddress/CityNm0SAINT CLOUD
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd056301
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt01009657
IRS990/CashNonInterestBearingGrp/EOYAmt00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt032982
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt032982
IRS990/CompDisqualPersonsGrp/ProgramServicesAmt0183391
IRS990/CompDisqualPersonsGrp/TotalAmt0183391
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt03119
IRS990/ConferencesMeetingsGrp/TotalAmt03119
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractTerminationInd0X
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt02407
IRS990/CYOtherExpensesAmt0218579
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0490834
IRS990/CYRevenuesLessExpensesAmt036843
IRS990/CYSalariesCompEmpBnftPaidAmt0237819
IRS990/CYTotalExpensesAmt0456398
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0493241
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt04054
IRS990/DepreciationDepletionGrp/ProgramServicesAmt012161
IRS990/DepreciationDepletionGrp/TotalAmt016215
IRS990/Desc0THE PRIMARY PURPOSE OF THE ORGANIZATION IS TO SERVE AS A CERTIFIED DEVELOPMENT COMPANY (CDC) PURSUANT TO SECTION 503 AND 504 OF TITLE V OF THE SMALL BUSINESS INVESTMENT ACT OF 1958 AS AMENDED. CDC IS A PRIVATE NON-PROFIT CORPORATION WHOSE PURPOSE IS TO CONTRIBUTE TO THE ECONOMIC DEVELOPMENT OF ITS AREA OF OPERATION.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd01
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt042532
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt06
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0321826
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt010070
IRS990/FeesForServicesAccountingGrp/TotalAmt010070
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt05398
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt016194
IRS990/FeesForServicesLegalGrp/TotalAmt021592
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt054411
IRS990/FeesForServicesManagementGrp/TotalAmt054411
IRS990/FinalReturnInd0X
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1040.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/PersonNm0RENAE SHIELDS
IRS990/Form990PartVIISectionAGrp/PersonNm1SHERRI SCHUELLER
IRS990/Form990PartVIISectionAGrp/PersonNm2JILL MOCKLER
IRS990/Form990PartVIISectionAGrp/PersonNm3MATTHEW DOROTHY
IRS990/Form990PartVIISectionAGrp/PersonNm4CLAIRE GERBER
IRS990/Form990PartVIISectionAGrp/PersonNm5PETE NEIGEBAUER
IRS990/Form990PartVIISectionAGrp/PersonNm6CHADWICK SYLTIE
IRS990/Form990PartVIISectionAGrp/PersonNm7BRIGID TUCK
IRS990/Form990PartVIISectionAGrp/PersonNm8TIM ULRICH
IRS990/Form990PartVIISectionAGrp/PersonNm9DION WARNE
IRS990/Form990PartVIISectionAGrp/PersonNm10ANN PETERSON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1032982
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt1IMMEDIATE PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt6FIRST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10PRESIDENT/CEO
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01983
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0493241
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt09788
IRS990/InformationTechnologyGrp/TotalAmt09788
IRS990/InsuranceGrp/ManagementAndGeneralAmt06357
IRS990/InsuranceGrp/ProgramServicesAmt019071
IRS990/InsuranceGrp/TotalAmt025428
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/ProgramServicesAmt07137
IRS990/InterestGrp/TotalAmt07137
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt02407
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02407
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt010
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0244972
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt00
IRS990/LegalDomicileStateCd0MN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0SEE SCHEDULE O
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0741546
IRS990/NetAssetsOrFundBalancesBOYAmt01393413
IRS990/NetAssetsOrFundBalancesEOYAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01350881
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02572
IRS990/OfficeExpensesGrp/ProgramServicesAmt07717
IRS990/OfficeExpensesGrp/TotalAmt010289
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03837
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt0-1430256
IRS990/OtherExpensesGrp/Desc0BUILDING EXPENSES
IRS990/OtherExpensesGrp/Desc1MEMBERSHIP DUES
IRS990/OtherExpensesGrp/Desc2BOARD EXPENSE
IRS990/OtherExpensesGrp/Desc3FILING FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt012115
IRS990/OtherExpensesGrp/ProgramServicesAmt021265
IRS990/OtherExpensesGrp/ProgramServicesAmt112787
IRS990/OtherExpensesGrp/ProgramServicesAmt24238
IRS990/OtherExpensesGrp/TotalAmt021265
IRS990/OtherExpensesGrp/TotalAmt112787
IRS990/OtherExpensesGrp/TotalAmt212115
IRS990/OtherExpensesGrp/TotalAmt34238
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0894579
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02734
IRS990/PayrollTaxesGrp/ProgramServicesAmt015497
IRS990/PayrollTaxesGrp/TotalAmt018231
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt03215
IRS990/PensionPlanContributionsGrp/TotalAmt03215
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt010774
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0THOMAS SAEHR
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522291
IRS990/ProgramServiceRevenueGrp/BusinessCd1522291
IRS990/ProgramServiceRevenueGrp/BusinessCd2522291
IRS990/ProgramServiceRevenueGrp/BusinessCd3522291
IRS990/ProgramServiceRevenueGrp/Desc0LOAN SERVICE FEES
IRS990/ProgramServiceRevenueGrp/Desc1LOAN PROCESSING FEES
IRS990/ProgramServiceRevenueGrp/Desc2LOAN INTEREST REVENUE
IRS990/ProgramServiceRevenueGrp/Desc3WELLS FARGO INTEREST S
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0325318
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1105765
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt237832
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt321919
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0325318
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1105765
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt237832
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt321919
IRS990/ProgSrvcAccomActy2Grp/Desc0N/A
IRS990/ProgSrvcAccomActy3Grp/Desc0N/A
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt016209
IRS990/PYOtherExpensesAmt0128436
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0772855
IRS990/PYRevenuesLessExpensesAmt0237922
IRS990/PYSalariesCompEmpBnftPaidAmt0422706
IRS990/PYTotalExpensesAmt0551142
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0789064
IRS990/QuidProQuoContributionsInd00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt036843
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0496634
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0939
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt03124
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt03279
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01485
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01258
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt010085
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0772855
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0755015
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0717728
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0779876
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0758308
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt03783782
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0939
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt03124
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt03279
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01485
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01258
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt010085
IRS990ScheduleA/InvestmentIncomeCYPct00.00270
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99730
IRS990ScheduleA/PublicSupportPY509Pct00.99730
IRS990ScheduleA/PublicSupportTotal509Amt03783782
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0772855
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0755015
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0717728
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0779876
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0758308
IRS990ScheduleA/Total509Grp/TotalAmt03783782
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0773794
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0758139
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0721007
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0781361
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0759566
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03793867
IRS990/ScheduleBRequiredInd00
IRS990/ScheduleJRequiredInd00
IRS990ScheduleN/AssetsDistributedInd00
IRS990ScheduleN/AttorneyGeneralNotifiedInd00
IRS990ScheduleN/BondsOutstandingInd00
IRS990ScheduleN/DirectorOfSuccessorInd00
IRS990ScheduleN/EmployeeOfSuccessorInd00
IRS990ScheduleN/LiabilitiesPaidInd00
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0ALL ASSETS, LIABILITIES, & NET ASSETS
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt0MINNESOTA BUSINESS FINANCE CORPORATION
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02022-09-27
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN0411846655
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt01430256
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt0501(C)(3)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0BOOK VALUE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt0616 ROOSEVELT RD
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0ST CLOUD
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0MN
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd056301
IRS990ScheduleN/OwnerOfSuccessorInd00
IRS990ScheduleN/ReceiveCompensationInd00
IRS990ScheduleN/RequiredToNotifyAGInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 IS REVIEWED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD CHAIR REVIEWS ALL CONFLICTS OF INTEREST QUESTIONNAIRES AND REPORTS ANNUALLY TO THE BOARD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS REVIEWS ANNUALLY UTILIZING NATIONAL AND REGIONAL DATA AND STUDIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE FOR REVIEW, UPON REQUEST, AT CORPORATION'S OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ACQUIRED BY MINNESOTA BUSINESS FINANCE CORPORATION -1,430,256.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE PROCESS HAS NOT CHANGED.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0QUARRY ROCK LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0260064443
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0MN

Document Assets

No mirrored PDF or thumbnail assets are attached yet.