Liabilities / Assets
70th percentile
Higher debt load relative to assets than 70% of similar nonprofits.
990 • Fiscal year 2024 • EIN 41-1577185
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
70th percentile
Higher debt load relative to assets than 70% of similar nonprofits.
Liabilities / Revenue
68th percentile
Higher debt load relative to revenue than 68% of similar nonprofits.
Net Margin
59th percentile
Higher net margin than 59% of similar nonprofits.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
63rd percentile
Faster asset growth than 63% of similar nonprofits.
Revenue Growth
32nd percentile
Faster revenue growth than 32% of similar nonprofits.
Assets
Up$2,583,861
Up $210,463 (+8.9%) from 2023
Net Assets
Up$2,099,748
Up $280,769 (+15%) from 2023
Liabilities
Down$484,113
Down $70,306 (-13%) from 2023
Revenue
Up$1,945,185
Up $23,825 (+1.2%) from 2023
Expenses
Down$1,664,416
Down $53,530 (-3.1%) from 2023
Net Income
Up$280,769
Up $77,355 (+38%) from 2023
The organization's mission is to provide innovative financing resources that foster business growth.
This corporation elects to be governed under the provisions of minnesota statutes chapter 317a. Amplio economic development corporation furthers the economic development of the state of minnesota and the adjoining economic development area by assisting the growth of small businesses and therby contributing to the economic well-being of the area. The corporation is certified as a certified development company by the u.s. Small business administration.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Savings and Temporary Cash Investments | $1,433,488 | $1,676,341 | ▲ $242,853 |
| Cash and Non-Interest-Bearing Accounts | $252,199 | $195,014 | ▼ $57,185 |
| Accounts Receivable | $152,771 | $188,674 | ▲ $35,903 |
| Prepaid Expenses and Deferred Charges | $30,717 | $44,556 | ▲ $13,839 |
| Land, Buildings, and Equipment, Net | $24,901 | $25,596 | ▲ $695 |
| Other Notes and Loans Receivable, Net | $10,000 | $22,739 | ▲ $12,739 |
| Intangible Assets | $5,359 | $4,628 | ▼ $731 |
| Total Assets | $2,373,398 | $2,583,861 | ▲ $210,463 |
| Other Assets Total | $463,963 | $426,313 | ▼ $37,650 |
| Liabilities | |||
| Other Liabilities | $467,606 | $445,897 | ▼ $21,709 |
| Accounts Payable and Accrued Expenses | $86,813 | $38,216 | ▼ $48,597 |
| Total Liabilities | $554,419 | $484,113 | ▼ $70,306 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $1,818,979 | $2,099,748 | ▲ $280,769 |
| Total Net Assets Fund Balance | $1,818,979 | $2,099,748 | ▲ $280,769 |
| Total Liabilities and Net Assets / Fund Balance | $2,373,398 | $2,583,861 | ▲ $210,463 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $25,596 | $68,420 | $94,016 |
| Other Assets Org | $277,580 | - | - |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Jonathan Sage-martinson | Assistant Secretary/ CEO | FT | $204,057 | $68,170 | $272,227 |
| Andrew Clausen | Assistant Treasurer | FT | $172,795 | $43,740 | $216,535 |
| Chris Kaye | Loan Officer | FT | $100,771 | $39,121 | $139,892 |
| Name | Title |
|---|---|
| James Terrell | Chair/ Director |
| Mary Stoick | Director/ Vice Chair |
| Wendy Ethen | Vice Chair/ Chair |
| Chet Masserano | Director |
| Jimmy Loyd | Director |
| Joe Bauer | Director |
| John Fritz | Director |
| Julie Kimble | Director |
| Michael Gay | Director |
| Raoul Booton | Director |
| Steve Erchul | Director |
| Andrew Swammi | Secretary/ Treasurer |
| Kim Storey | Secretary/ Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $1,540,952 |
| Salaries, Compensation, and Employee Benefits | $122,764 |
| Grants and Similar Amounts Paid | $700 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Current Officers, Directors, Trustees, and Key Employees | $109,954 | - | - | $109,954 |
| Occupancy | $91,054 | $5,874 | - | $96,928 |
| Office Expenses | $45,527 | $6,883 | - | $52,410 |
| Advertising | $31,093 | - | - | $31,093 |
| Fees for Services Accounting | - | $30,832 | - | $30,832 |
| Conferences and Meetings | $22,536 | - | - | $22,536 |
| All Other Expenses | $18,637 | $2,009 | - | $20,646 |
| Insurance | $11,648 | $7,765 | - | $19,413 |
| Other Expenses | $18,376 | $7,192 | - | $18,376 |
| Travel | $18,024 | - | - | $18,024 |
| Depreciation Depletion | $10,469 | $628 | - | $11,097 |
| Payroll Taxes | $8,412 | - | - | $8,412 |
| Pension Plan Contributions | $4,398 | - | - | $4,398 |
| Fees for Services Legal | - | $2,576 | - | $2,576 |
| Grants to Domestic Orgs | $700 | - | - | $700 |
| Total Functional Expenses | $1,401,972 | $262,444 | $0 | $1,664,416 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Operating Lease Liability- Long-term | $244,925 |
| Accrued Personnel Costs | $131,620 |
| Operating Lease - Current | $38,352 |
| Client Deposits | $31,000 |
“The completed form 990 is reviewed and approved by the full board of directors prior to filing.”
“The executive committee monitors compliance by annually asking to review a signed copy of the conflict of interest disclosure statement signed by each employee and board member.”
“The chief executive officer performs services for the organization as an employee and as a leased employee. All other personnel are leased employees. Leased employee expenses are reported on line 24a of part ix. A five person compensation committee reviewed industry data and made compensation recommendations to the full board of directors. The board of directors approved final compensation decisions for employees and leased employees.”
“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”
“No change from prior year.”
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/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 86813 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 38216 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 152771 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 188674 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | THIS CORPORATION ELECTS TO BE GOVERNED UNDER THE PROVISIONS OF MINNESOTA STATUTES CHAPTER 317A. AMPLIO ECONOMIC DEVELOPMENT CORPORATION FURTHERS THE ECONOMIC DEVELOPMENT OF THE STATE OF MINNESOTA AND THE ADJOINING ECONOMIC DEVELOPMENT AREA BY ASSISTING THE GROWTH OF SMALL BUSINESSES AND THERBY CONTRIBUTING TO THE ECONOMIC WELL-BEING OF THE AREA. THE CORPORATION IS CERTIFIED AS A CERTIFIED DEVELOPMENT COMPANY BY THE U.S. SMALL BUSINESS ADMINISTRATION. |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 31093 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 31093 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 2009 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 18637 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 20646 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | JONATHAN SAGE-MARTINSON |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 6516314900 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 3900 NORTHWOODS DRIVE SUITE 225 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | ARDEN HILLS |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 55112 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 252199 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 195014 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 109954 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 109954 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 1 |
| IRS990/ConferencesMeetingsGrp/ProgramServicesAmt | 0 | 22536 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 22536 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 1 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 700 |
| IRS990/CYInvestmentIncomeAmt | 0 | 68488 |
| IRS990/CYOtherExpensesAmt | 0 | 1540952 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 1876697 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 280769 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 122764 |
| IRS990/CYTotalExpensesAmt | 0 | 1664416 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 1945185 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 628 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 10469 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 11097 |
| IRS990/Desc | 0 | THE 504 PROGRAM INCLUDES 503/504 LOANS FOR THE PURPOSE OF FURTHERING THE ECONOMIC DEVELOPMENT FOR THE STATE OF MINNESOTA. APPROXIMATELY 31 LOANS WERE CLOSED IN 2024. |
| IRS990/DescribedInSection501c3Ind | 0 | 0 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 1 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 1401972 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 30832 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 30832 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 2576 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 2576 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 44.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 12 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 13 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 14 | 44.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 15 | 44.00 |
| IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 11 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 12 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 13 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 35019 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 14 | 36162 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 15 | 39121 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | JONATHAN SAGE-MARTINSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | JAMES TERRELL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | KIM STOREY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | JOE BAUER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | RAOUL BOOTON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | WENDY ETHEN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | JOHN FRITZ |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | CHET MASSERANO |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | MICHAEL GAY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | JULIE KIMBLE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | JIMMY LOYD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | MARY STOICK |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | ANDREW SWAMMI |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | STEVE ERCHUL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 14 | ANDREW CLAUSEN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 15 | CHRIS KAYE |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 237208 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 14 | 180373 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 15 | 100771 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | ASSISTANT SECRETARY/ CEO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | CHAIR/ DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | SECRETARY/ TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | VICE CHAIR/ CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | DIRECTOR/ VICE CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | SECRETARY/ TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | ASSISTANT TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | LOAN OFFICER |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1981 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 14 |
| IRS990/GrantAmt | 0 | 700 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 700 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 700 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 1945185 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 13 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 3 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 7765 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 11648 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 19413 |
| IRS990/IntangibleAssetsGrp/BOYAmt | 0 | 5359 |
| IRS990/IntangibleAssetsGrp/EOYAmt | 0 | 4628 |
| IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt | 0 | 68488 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 68488 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 10 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 68420 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 24901 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 25596 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 94016 |
| IRS990/LegalDomicileStateCd | 0 | MN |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | THE ORGANIZATION'S MISSION IS TO PROVIDE INNOVATIVE FINANCING RESOURCES THAT FOSTER BUSINESS GROWTH. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 1818979 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 2099748 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 1818979 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 2099748 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 5874 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 91054 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 96928 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 6883 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 45527 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 52410 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 463963 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 426313 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | PERSONNEL COSTS |
| IRS990/OtherExpensesGrp/Desc | 1 | GENERAL CONSULTING |
| IRS990/OtherExpensesGrp/Desc | 2 | TRAINING |
| IRS990/OtherExpensesGrp/Desc | 3 | DUES & PUBLICATIONS |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 198685 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 7192 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 932787 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 57949 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 20408 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 18376 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 1131472 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 65141 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 20408 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 18376 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 467606 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 445897 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 10000 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 22739 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 8412 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 8412 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 4398 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 4398 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 30717 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 44556 |
| IRS990/PrincipalOfficerNm | 0 | JONATHAN SAGE-MARTINSON |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 522200 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 522200 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 2 | 522200 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 3 | 522200 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | SERVICING FEES |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | ORIGINATION FEES |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | FLOAT REVENUE |
| IRS990/ProgramServiceRevenueGrp/Desc | 3 | OTHER INCOME |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 1145159 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 376753 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 335088 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 3 | 19697 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 1145159 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 376753 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 335088 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 3 | 19697 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 0 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 850 |
| IRS990/PYInvestmentIncomeAmt | 0 | 24869 |
| IRS990/PYOtherExpensesAmt | 0 | 1602569 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 1896491 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 203414 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 114527 |
| IRS990/PYTotalExpensesAmt | 0 | 1717946 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 1921360 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 280769 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 1 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 1945185 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 1433488 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 1676341 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 25596 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 68420 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 94016 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 41824 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 1 | 32500 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 2 | 74409 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 3 | 277580 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | DEPOSITS |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 1 | COSTS ON LOAN CONTRACTS |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 2 | DESIGNATED RESERVE FUNDS |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 3 | OPERATING LEASE RIGHT-OF-USE-ASSET |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 31000 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 131620 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 2 | 38352 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 3 | 244925 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | CLIENT DEPOSITS |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | ACCRUED PERSONNEL COSTS |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 2 | OPERATING LEASE - CURRENT |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 3 | OPERATING LEASE LIABILITY- LONG-TERM |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 25596 |
| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 426313 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 445897 |
| IRS990ScheduleJ/AnyNonFixedPaymentsInd | 0 | 1 |
| IRS990ScheduleJ/BoardOrCommitteeApprovalInd | 0 | X |
| IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd | 0 | 1 |
| IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd | 0 | 0 |
| IRS990ScheduleJ/CompensationCommitteeInd | 0 | X |
| IRS990ScheduleJ/CompensationSurveyInd | 0 | X |
| IRS990ScheduleJ/EquityBasedCompArrngmInd | 0 | 0 |
| IRS990ScheduleJ/Form990OfOtherOrganizationsInd | 0 | X |
| IRS990ScheduleJ/InitialContractExceptionInd | 0 | 0 |
| IRS990/ScheduleJRequiredInd | 0 | 1 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 0 | 204057 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 1 | 172795 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 0 | 33151 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 1 | 7578 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt | 0 | 11389 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt | 1 | 9544 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt | 0 | 23630 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt | 1 | 26618 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 0 | JONATHAN SAGE-MARTINSON |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 1 | ANDREW CLAUSEN |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 0 | ASSISTANT SECRETARY/ CEO |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 1 | ASSISTANT TREASURER |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt | 0 | 272227 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt | 1 | 216535 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt | 1 | 0 |
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Displayed year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.