Liabilities / Assets
44th percentile
Higher debt load relative to assets than 44% of similar nonprofits.
990 • Fiscal year 2010 • EIN 41-1577185
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
44th percentile
Higher debt load relative to assets than 44% of similar nonprofits.
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
Score unavailable
Net margin requires both revenue and expenses on this filing.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No valid filing value is available for this score.
Assets
$1,536,483
No earlier filing loaded for comparison.
Net Assets
$1,394,495
No earlier filing loaded for comparison.
Liabilities
$141,988
No earlier filing loaded for comparison.
Revenue
-
No earlier filing loaded for comparison.
Expenses
$1,402,737
No earlier filing loaded for comparison.
Net Income
-
No earlier filing loaded for comparison.
The organization's mission is to provide innovative financing resources that foster business growth.
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/AccountantCompileOrReview | 0 | 0 |
| IRS990/AccountsPayableAccruedExpenses/BOY | 0 | 71405 |
| IRS990/AccountsPayableAccruedExpenses/EOY | 0 | 83034 |
| IRS990/AccountsReceivable/BOY | 0 | 44751 |
| IRS990/AccountsReceivable/EOY | 0 | 48953 |
| IRS990/ActivitiesConductedPartnership | 0 | 0 |
| IRS990/ActivityOrMissionDescription | 0 | THIS CORPORATION ELECTS TO BE GOVERNED UNDER THE PROVISIONS OF MINNESOTA STATUTES CHAPTER 317A. THE CHIEF PURPOSE AND NATURE OF ITS BUSINESS SHALL BE FOR THE PURPOSE OF FURTHERING THE ECONOMIC DEVELOPMENT OF THE STATE OF MINNESOTA AND SURROUNDING LOCAL ECONOMIC DEVELOPMENT AREA. TO PROMOTE AND ASSIST THE GROWTH AND DEVELOPMENT OF BUSINESS CONCERNS, INCLUDING SMALL BUSINESS CONCERNS IN SAID AREA; TO ACCOMPLISH THESE PURPOSES BY MAKING PLANT AND OTHER FACILITIES AVAILABLE TO ALL SUCH BUSINESS CONCERNS THROUGH LEASE OR OTHER MEANS AND THEREBY TO CONTRIBUTE TO THE ECONOMIC WELL-BEING OF THE AREA AS MEASURED BY INCREASED EMPLOYMENT, PAYROLL, BUSINESS VOLUME, AND CORRESPONDING FACTORS RATHER THAN MONETARY PROFITS TO THE MEMBERS. THE CORPORATION DOES NOT AFFORD PECUNIARY GAIN, INCIDENTAL OR OTHERWISE TO ITS MEMBERS. |
| IRS990/AddressPrincipalOfficerUS/AddressLine1 | 0 | 3900 NORTHWOODS DRIVE NO 225 |
| IRS990/AddressPrincipalOfficerUS/City | 0 | ARDEN HILLS |
| IRS990/AddressPrincipalOfficerUS/State | 0 | MN |
| IRS990/AddressPrincipalOfficerUS/ZIPCode | 0 | 55112 |
| IRS990/Advertising/ProgramServices | 0 | 35930 |
| IRS990/Advertising/Total | 0 | 35930 |
| IRS990/AllOtherExpenses/ManagementAndGeneral | 0 | 664 |
| IRS990/AllOtherExpenses/ProgramServices | 0 | 6784 |
| IRS990/AllOtherExpenses/Total | 0 | 7448 |
| IRS990/AnnualDisclosureCoveredPersons | 0 | 1 |
| IRS990/AuditCommittee | 0 | 0 |
| IRS990/BenefitsPaidToMembersCY | 0 | 0 |
| IRS990/BenefitsPaidToMembersPriorYear | 0 | 0 |
| IRS990/BsnssRltnshpThruFamilyMember | 0 | 1 |
| IRS990/BsnssRltnshpWithOrganization | 0 | 0 |
| IRS990/CashNonInterestBearing/BOY | 0 | 330402 |
| IRS990/CashNonInterestBearing/EOY | 0 | 306697 |
| IRS990/ChangesToOrganizingDocs | 0 | 0 |
| IRS990/CollectionsOfArt | 0 | 0 |
| IRS990/CompensationFromOtherSources | 0 | 0 |
| IRS990/CompensationProcessCEO | 0 | 1 |
| IRS990/CompensationProcessOther | 0 | 1 |
| IRS990/ConferencesMeetings/ProgramServices | 0 | 23944 |
| IRS990/ConferencesMeetings/Total | 0 | 23944 |
| IRS990/ConflictOfInterestPolicy | 0 | 1 |
| IRS990/ConservationEasements | 0 | 0 |
| IRS990/ConsolidatedAuditFinancialStmt | 0 | 0 |
| IRS990/ContributionsGrantsCurrentYear | 0 | 0 |
| IRS990/ContributionsGrantsPriorYear | 0 | 0 |
| IRS990/CreditCounseling | 0 | 0 |
| IRS990/DecisionsSubjectToApproval | 0 | 1 |
| IRS990/DeductibleContributionsOfArt | 0 | 0 |
| IRS990/DeductibleNonCashContributions | 0 | 0 |
| IRS990/DelegationOfManagementDuties | 0 | 0 |
| IRS990/DepreciationDepletion/ManagementAndGeneral | 0 | 3315 |
| IRS990/DepreciationDepletion/ProgramServices | 0 | 17404 |
| IRS990/DepreciationDepletion/Total | 0 | 20719 |
| IRS990/DescribedIn501C3 | 0 | 0 |
| IRS990/Description | 0 | SPEDCO 504 PROGRAM INCLUDES 503/504 LOANS FOR THE PURPOSE OF FURTHERING THE ECONOMIC DEVELOPMENT FOR THE STATE OF MINNESOTA. APPROXIMATELY 39 NEW CLIENTS WERE SERVED IN 2010. |
| IRS990/DisregardedEntity | 0 | 0 |
| IRS990/DocumentRetentionPolicy | 0 | 1 |
| IRS990/DonorAdvisedFunds | 0 | 0 |
| IRS990/ElectionOfBoardMembers | 0 | 1 |
| IRS990/ExcessBenefitTransaction | 0 | 0 |
| IRS990/Expense | 0 | 1264607 |
| IRS990/FamilyOrBusinessRelationship | 0 | 0 |
| IRS990/FederalGrantAuditRequired | 0 | 0 |
| IRS990/FeesForServicesAccounting/ManagementAndGeneral | 0 | 29868 |
| IRS990/FeesForServicesAccounting/Total | 0 | 29868 |
| IRS990/FeesForServicesLegal/ManagementAndGeneral | 0 | 16012 |
| IRS990/FeesForServicesLegal/Total | 0 | 16012 |
| IRS990/FinancialStatementSeparate | 0 | X |
| IRS990/FollowSFAS117 | 0 | X |
| IRS990/ForeignActivities | 0 | 0 |
| IRS990/ForeignFinancialAccount | 0 | 0 |
| IRS990/ForeignOffice | 0 | 0 |
| IRS990/Form1098CFiled | 0 | 0 |
| IRS990/Form8282PropertyDisposedOf | 0 | 0 |
| IRS990/Form8899Filed | 0 | 0 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 0 | 1.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 1 | 1.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 2 | 1.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 3 | 48.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 4 | 48.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 5 | 1.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 6 | 1.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 7 | 1.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 8 | 1.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 9 | 1.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 10 | 1.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 11 | 1.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 12 | 1.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 13 | 1.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 14 | 1.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 15 | 1.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 16 | 1.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 17 | 1.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 18 | 1.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 19 | 1.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 20 | 1.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 21 | 1.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 22 | 1.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 23 | 41.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 24 | 40.00 |
| IRS990/Form990PartVIISectionA/HighestCompensatedEmployee | 0 | X |
| IRS990/Form990PartVIISectionA/HighestCompensatedEmployee | 1 | X |
| IRS990/Form990PartVIISectionA/HighestCompensatedEmployee | 2 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 0 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 1 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 2 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 3 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 4 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 5 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 6 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 7 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 8 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 9 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 10 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 11 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 12 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 13 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 14 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 15 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 16 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 17 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 18 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 19 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 20 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 21 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 22 | X |
| IRS990/Form990PartVIISectionA/KeyEmployee | 0 | X |
| IRS990/Form990PartVIISectionA/NamePerson | 0 | GREG WITTNEBEL |
| IRS990/Form990PartVIISectionA/NamePerson | 1 | JOE STRANIK |
| IRS990/Form990PartVIISectionA/NamePerson | 2 | KIM STOREY |
| IRS990/Form990PartVIISectionA/NamePerson | 3 | ANDREW CLAUSEN |
| IRS990/Form990PartVIISectionA/NamePerson | 4 | KRISTIN WOOD |
| IRS990/Form990PartVIISectionA/NamePerson | 5 | RICK ANDERSON |
| IRS990/Form990PartVIISectionA/NamePerson | 6 | GAYLE HUDAK |
| IRS990/Form990PartVIISectionA/NamePerson | 7 | SEAN BOLAND |
| IRS990/Form990PartVIISectionA/NamePerson | 8 | DOUG KRUKOWSKI |
| IRS990/Form990PartVIISectionA/NamePerson | 9 | DAVID CARLSON |
| IRS990/Form990PartVIISectionA/NamePerson | 10 | BOB LIND |
| IRS990/Form990PartVIISectionA/NamePerson | 11 | DION MUCHOW |
| IRS990/Form990PartVIISectionA/NamePerson | 12 | STEPHANIE DEAN |
| IRS990/Form990PartVIISectionA/NamePerson | 13 | JOHN FRITZ |
| IRS990/Form990PartVIISectionA/NamePerson | 14 | LLOYD RATKOVICH |
| IRS990/Form990PartVIISectionA/NamePerson | 15 | RUSSELL GRUNDHAUSER |
| IRS990/Form990PartVIISectionA/NamePerson | 16 | SCOTT WAGNER |
| IRS990/Form990PartVIISectionA/NamePerson | 17 | LOREN HERBST |
| IRS990/Form990PartVIISectionA/NamePerson | 18 | JOHN WALTER |
| IRS990/Form990PartVIISectionA/NamePerson | 19 | DANIEL REEVES |
| IRS990/Form990PartVIISectionA/NamePerson | 20 | TONY DUBAY |
| IRS990/Form990PartVIISectionA/NamePerson | 21 | LORRIE LOUDER |
| IRS990/Form990PartVIISectionA/NamePerson | 22 | ERIC BRITT |
| IRS990/Form990PartVIISectionA/NamePerson | 23 | RUSSELL KNIGHTON JR |
| IRS990/Form990PartVIISectionA/NamePerson | 24 | STEVEN WERTZ |
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| IRS990/Form990PartVIISectionA/OtherCompensation | 1 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 2 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 3 | 4654 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 4 | 7046 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 5 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 6 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 7 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 8 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 9 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 10 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 11 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 12 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 13 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 14 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 15 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 16 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 17 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 18 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 19 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 20 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 21 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 22 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 23 | 4569 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 24 | 3999 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 0 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 1 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 2 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 3 | 109906 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 4 | 169958 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 5 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 6 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 7 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 8 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 9 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 10 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 11 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 12 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 13 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 14 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 15 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 16 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 17 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 18 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 19 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 20 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 21 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 22 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 23 | 113628 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 24 | 102069 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 0 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 1 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 2 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 3 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 4 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 5 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 6 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 7 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 8 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 9 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 10 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 11 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 12 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 13 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 14 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 15 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 16 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 17 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 18 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 19 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 20 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 21 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 22 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 23 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 24 | 0 |
| IRS990/Form990PartVIISectionA/Title | 0 | DIRECTOR |
| IRS990/Form990PartVIISectionA/Title | 1 | PRESIDENT |
| IRS990/Form990PartVIISectionA/Title | 2 | DIRECTOR |
| IRS990/Form990PartVIISectionA/Title | 3 | ASSISTANT TREASURER |
| IRS990/Form990PartVIISectionA/Title | 4 | ASSISTANT SECRETARY |
| IRS990/Form990PartVIISectionA/Title | 5 | VICE PRESIDENT |
| IRS990/Form990PartVIISectionA/Title | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionA/Title | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionA/Title | 8 | DIRECTOR |
| IRS990/Form990PartVIISectionA/Title | 9 | DIRECTOR |
| IRS990/Form990PartVIISectionA/Title | 10 | DIRECTOR |
| IRS990/Form990PartVIISectionA/Title | 11 | DIRECTOR |
| IRS990/Form990PartVIISectionA/Title | 12 | DIRECTOR |
| IRS990/Form990PartVIISectionA/Title | 13 | DIRECTOR |
| IRS990/Form990PartVIISectionA/Title | 14 | DIRECTOR |
| IRS990/Form990PartVIISectionA/Title | 15 | DIRECTOR |
| IRS990/Form990PartVIISectionA/Title | 16 | DIRECTOR |
| IRS990/Form990PartVIISectionA/Title | 17 | DIRECTOR |
| IRS990/Form990PartVIISectionA/Title | 18 | DIRECTOR |
| IRS990/Form990PartVIISectionA/Title | 19 | DIRECTOR |
| IRS990/Form990PartVIISectionA/Title | 20 | DIRECTOR |
| IRS990/Form990PartVIISectionA/Title | 21 | DIRECTOR |
| IRS990/Form990PartVIISectionA/Title | 22 | DIRECTOR |
| IRS990/Form990PartVIISectionA/Title | 23 | LOAN OFFICER |
| IRS990/Form990PartVIISectionA/Title | 24 | LOAN OFFICER |
| IRS990/Form990ProvidedToGoverningBody | 0 | 0 |
| IRS990/FormersListed | 0 | 0 |
| IRS990/FSAudited | 0 | 1 |
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| IRS990/FundsToPayPremiums | 0 | 0 |
| IRS990/Gaming | 0 | 0 |
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| IRS990/GrantsAndSimilarAmntsPriorYear | 0 | 102500 |
| IRS990/GrantsToDomesticOrgs/ProgramServices | 0 | 150550 |
| IRS990/GrantsToDomesticOrgs/Total | 0 | 150550 |
| IRS990/GrantsToIndividuals | 0 | 0 |
| IRS990/GrantsToOrganizations | 0 | 1 |
| IRS990/GrantToRelatedPerson | 0 | 0 |
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| IRS990/GroupReturnForAffiliates | 0 | 0 |
| IRS990/Hospital | 0 | 0 |
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| IRS990/IndoorTanningServices | 0 | 0 |
| IRS990/InfoInScheduleOPartVI | 0 | X |
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| IRS990/Insurance/ProgramServices | 0 | 7837 |
| IRS990/Insurance/Total | 0 | 13061 |
| IRS990/InvestmentIncomeCurrentYear | 0 | 18089 |
| IRS990/InvestmentIncomePriorYear | 0 | 25375 |
| IRS990/InvestmentIncome/RelatedOrExemptFunctionIncome | 0 | 18089 |
| IRS990/InvestmentIncome/TotalRevenueColumn | 0 | 18089 |
| IRS990/InvestmentInJointVenture | 0 | 0 |
| IRS990/LandBldgEquipmentAccumDeprec | 0 | 95697 |
| IRS990/LandBuildingsEquipmentBasis | 0 | 159077 |
| IRS990/LandBuildingsEquipmentBasisNet/BOY | 0 | 64520 |
| IRS990/LandBuildingsEquipmentBasisNet/EOY | 0 | 63380 |
| IRS990/LoanToOfficerOrDQP | 0 | 0 |
| IRS990/LocalChapters | 0 | 0 |
| IRS990/MaterialDiversionOrMisuse | 0 | 0 |
| IRS990/MembersOrStockholders | 0 | 1 |
| IRS990/MethodOfAccountingAccrual | 0 | X |
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| IRS990/MinutesOfGoverningBody | 0 | 1 |
| IRS990/MissionDescription | 0 | SPEDCO IS A NON-PROFIT CERTIFIED DEVELOPMENT COMPANY WHOSE MISSION IS TO HELP SMALL BUSINESSES OBTAIN FINANCING FOR JOB CREATION, TO FUND BUSINESS EXPANSION AND TO PROMOTE ECONOMIC DEVELOPMENT IN MINNESOTA. |
| IRS990/MoreThan5000KToIndividuals | 0 | 0 |
| IRS990/MoreThan5000KToOrganizations | 0 | 0 |
| IRS990/NameOfPrincipalOfficerPerson | 0 | KRISTIN WOOD |
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| IRS990/NetAssetsOrFundBalancesEOY | 0 | 1394495 |
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| IRS990/Occupancy/ProgramServices | 0 | 65017 |
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| IRS990/OfficeExpenses/ProgramServices | 0 | 35138 |
| IRS990/OfficeExpenses/Total | 0 | 37783 |
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| IRS990/Organization501c | 0 | X |
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| IRS990/OtherAssetsTotal/EOY | 0 | 124211 |
| IRS990/OtherExpensePriorYear | 0 | 1235224 |
| IRS990/OtherExpensesCurrentYear | 0 | 1252187 |
| IRS990/OtherExpenses/Description | 0 | PERSONNELL COSTS |
| IRS990/OtherExpenses/Description | 1 | GENERAL CONSULTING |
| IRS990/OtherExpenses/Description | 2 | TRAINING |
| IRS990/OtherExpenses/Description | 3 | TELEPHONES |
| IRS990/OtherExpenses/Description | 4 | MEALS AND ENTERTAINMENT |
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| IRS990/OtherExpenses/ManagementAndGeneral | 2 | 913 |
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| IRS990/OtherExpenses/ProgramServices | 1 | 41129 |
| IRS990/OtherExpenses/ProgramServices | 2 | 19245 |
| IRS990/OtherExpenses/ProgramServices | 3 | 9517 |
| IRS990/OtherExpenses/ProgramServices | 4 | 8219 |
| IRS990/OtherExpenses/Total | 0 | 893122 |
| IRS990/OtherExpenses/Total | 1 | 41129 |
| IRS990/OtherExpenses/Total | 2 | 19245 |
| IRS990/OtherExpenses/Total | 3 | 10233 |
| IRS990/OtherExpenses/Total | 4 | 9132 |
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| IRS990/OtherRevenueCurrentYear | 0 | 249 |
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| IRS990/OtherRevenueMisc/Description | 0 | UNREALIZED GAIN ON INV |
| IRS990/OtherRevenueMisc/RelatedOrExemptFunctionIncome | 0 | 249 |
| IRS990/OtherRevenueMisc/TotalRevenueColumn | 0 | 249 |
| IRS990/OtherRevenuePriorYear | 0 | 33 |
| IRS990/PartialLiquidation | 0 | 0 |
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| IRS990/PrepaidExpensesDeferredCharges/BOY | 0 | 13854 |
| IRS990/PrepaidExpensesDeferredCharges/EOY | 0 | 18022 |
| IRS990/PriorExcessBenefitTransaction | 0 | 0 |
| IRS990/ProfessionalFundraising | 0 | 0 |
| IRS990/ProgramServiceRevenue/BusinessCode | 0 | 522200 |
| IRS990/ProgramServiceRevenue/BusinessCode | 1 | 522200 |
| IRS990/ProgramServiceRevenue/BusinessCode | 2 | 522200 |
| IRS990/ProgramServiceRevenue/BusinessCode | 3 | 522200 |
| IRS990/ProgramServiceRevenue/BusinessCode | 4 | 522200 |
| IRS990/ProgramServiceRevenueCY | 0 | 1281651 |
| IRS990/ProgramServiceRevenue/Description | 0 | SERVICING FEES |
| IRS990/ProgramServiceRevenue/Description | 1 | ORIGINATION FEES |
| IRS990/ProgramServiceRevenue/Description | 2 | OTHER INCOME |
| IRS990/ProgramServiceRevenue/Description | 3 | FLOAT REVENUE |
| IRS990/ProgramServiceRevenue/Description | 4 | LATE FEES |
| IRS990/ProgramServiceRevenuePriorYear | 0 | 1377971 |
| IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome | 0 | 883000 |
| IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome | 1 | 320325 |
| IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome | 2 | 59713 |
| IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome | 3 | 14951 |
| IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome | 4 | 3662 |
| IRS990/ProgramServiceRevenue/TotalRevenueColumn | 0 | 883000 |
| IRS990/ProgramServiceRevenue/TotalRevenueColumn | 1 | 320325 |
| IRS990/ProgramServiceRevenue/TotalRevenueColumn | 2 | 59713 |
| IRS990/ProgramServiceRevenue/TotalRevenueColumn | 3 | 14951 |
| IRS990/ProgramServiceRevenue/TotalRevenueColumn | 4 | 3662 |
| IRS990/ProhibitedTaxShelterTrans | 0 | 0 |
| IRS990/QuidProQuoContributions | 0 | 0 |
| IRS990/ReconcilationRevenueExpenses | 0 | -102748 |
| IRS990/RegularMonitoringEnforcement | 0 | 0 |
| IRS990/RelatedEntity | 0 | 0 |
| IRS990/RelatedOrgControlledEntity | 0 | 0 |
| IRS990/ReportFin48Footnote | 0 | 1 |
| IRS990/ReportInvestOthSecurities | 0 | 0 |
| IRS990/ReportLandBldgEquip | 0 | 1 |
| IRS990/ReportOtherAssets | 0 | 1 |
| IRS990/ReportOtherLiabilities | 0 | 1 |
| IRS990/ReportProgRelInvest | 0 | 0 |
| IRS990/Revenue | 0 | 1281900 |
| IRS990/RevenuesLessExpensesCY | 0 | -102748 |
| IRS990/RevenuesLessExpensesPriorYear | 0 | 65655 |
| IRS990/SalariesEtcCurrentYear | 0 | 0 |
| IRS990/SalariesEtcPriorYear | 0 | 0 |
| IRS990/SavingsAndTempCashInvestments/BOY | 0 | 1067255 |
| IRS990/SavingsAndTempCashInvestments/EOY | 0 | 975220 |
| IRS990/ScheduleBRequired | 0 | 0 |
| IRS990ScheduleD/Equipment/BookValue | 0 | 45703 |
| IRS990ScheduleD/Equipment/Depreciation | 0 | 91948 |
| IRS990ScheduleD/Equipment/InvestmentCostOrOtherBasis | 0 | 137651 |
| IRS990ScheduleD/ExcessOrDeficitForYear | 0 | -102748 |
| IRS990ScheduleD/ExcessOrDeficitPerFS | 0 | -102748 |
| IRS990ScheduleD/ExpensesNotRptdF990 | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptdOnFinStmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotal | 0 | 1402737 |
| IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation | 0 | THE ORGANIZATION HAS ELECTED TO BE TREATED AS A NONPROFIT CORPORATION UNDER INTERNAL REVENUE CODE SECTION 501(C)(4). NONPROFIT ORGANIZATIONS ARE GENERALLY TAX-EXEMPT. HOWEVER, IN CERTAIN SITUATIONS, FOR EXAMPLE THE RECEIPT OF UNRELATED BUSINESS INCOME, THE ORGANIZATION COULD BE SUBJECT TO INCOME TAXES. EFFECTIVE JANUARY 2009, THE ORGANIZATION ADOPTED CHANGES TO GENERALLY ACCEPTED ACCOUNTING PRINCIPLES RELATED TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. ADOPTING THE CHANGES DID NOT RESULT IN ADJUSTMENT TO THE ORGANIZATION'S INCOME TAX LIABILITIES SINCE AT THE TIME OF ADOPTION THERE WERE NO UNCERTAIN TAX POSITIONS OR RELATED UNRECOGNIZED TAX BENEFITS. THE ORGANIZATION DOES NOT ANTICIPATE SIGNIFICANT CHANGES IN UNCERTAIN TAX POSITIONS AND RELATED LIABILITIES WITHIN THE NEXT TWELVE MONTHS. INTEREST AND PENALTIES, IF ANY, PERTAINING TO INCOME TAX RELATED ISSUES ARE RECORDED AS INTEREST EXPENSE. NO ACCRUED INTEREST OR PENALTIES WERE RECOGNIZED ON THE STATEMENT OF FINANCIAL POSITION OR STATEMENT OF ACTIVITIES AND CHANGES IN UNRESTRICTED NET ASSETS AS OF AND FOR THE YEAR ENDED DECEMBER 31, 2010. THE ORGANIZATION BELIEVES IT IS NO LONGER SUBJECT TO U.S. FEDERAL AND STATE INCOME TAX EXAMINATIONS FOR THE YEARS PRIOR TO THE YEAR ENDED DECEMBER 31, 2007. |
| IRS990ScheduleD/LeaseholdImprovements/BookValue | 0 | 17677 |
| IRS990ScheduleD/LeaseholdImprovements/Depreciation | 0 | 3749 |
| IRS990ScheduleD/LeaseholdImprovements/InvestmentCostOrOtherBasis | 0 | 21426 |
| IRS990ScheduleD/OtherAssets/BookValue | 0 | 34824 |
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Displayed year
2010 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.