Liabilities / Assets
46th percentile
Higher debt load relative to assets than 46% of similar nonprofits.
EIN 41-1670874 • 501(c)6 • Alexandria, MN
Profile
The alexandria area economic development commission is organized to assist manufacturing and other businesses to locate or expand in the alexandria minnesota area.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
46th percentile
Higher debt load relative to assets than 46% of similar nonprofits.
Liabilities / Revenue
55th percentile
Higher debt load relative to revenue than 55% of similar nonprofits.
Net Margin
85th percentile
Higher net margin than 85% of similar nonprofits.
Top Officer Pay
Score unavailable
No filing with officer rows is available for this organization yet.
Asset Growth
63rd percentile
Faster asset growth than 63% of similar nonprofits.
Revenue Growth
81st percentile
Faster revenue growth than 81% of similar nonprofits.
Assets
Up$997,634
Up $76,129 (+8.3%) from 2023
Liabilities
Down$30,567
Down $23,341 (-43%) from 2023
Net Assets
Up$967,067
Up $99,470 (+11%) from 2023
Revenue
Up$447,049
Up $86,322 (+24%) from 2023
Expenses
Down$347,579
Down $82,089 (-19%) from 2023
Net Income
Up$99,470
Up $168,411 (+244%) from 2023
Most recent year
2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.
The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2021 below.
The alexandria area economic development commission is organized to assist manufacturing and other businesses to locate or expand in the alexandria minnesota area.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Savings and Temporary Cash Investments | $620,030 | $611,049 | ▼ $8,981 |
| Other Notes and Loans Receivable, Net | $218,665 | $237,852 | ▲ $19,187 |
| Accounts Receivable | $87,466 | $121,200 | ▲ $33,734 |
| Cash and Non-Interest-Bearing Accounts | $120,356 | $75,788 | ▼ $44,568 |
| Prepaid Expenses and Deferred Charges | $3,757 | $3,757 | → $0 |
| Land, Buildings, and Equipment, Net | $202 | - | - |
| Total Assets | $1,050,476 | $1,049,646 | ▼ $830 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $23,990 | $39,392 | ▲ $15,402 |
| Total Liabilities | $23,990 | $39,392 | ▲ $15,402 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $668,661 | $622,169 | ▼ $46,492 |
| Net Assets With Donor Restrictions | $357,825 | $388,085 | ▲ $30,260 |
| Total Net Assets Fund Balance | $1,026,486 | $1,010,254 | ▼ $16,232 |
| Total Liabilities and Net Assets / Fund Balance | $1,050,476 | $1,049,646 | ▼ $830 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | - | $32,075 | $32,075 |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Nicole Fernholz | Executive Di | FT | $100,000 | $100,000 |
| Name | Title |
|---|---|
| Julie Critz | President |
| Edward Reif | Director |
| Jeff Patience | Director |
| Joani Nelson | Director |
| Todd Powers | Director |
| Vicki Jodsaas | Director |
| Matthew Fischer | Treasurer/se |
| Nicole Klimek | Vice Preside |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $194,797 |
| Other Expenses | $148,532 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Current Officers, Directors, Trustees, and Key Employees | $100,000 | - | - | $100,000 |
| Advertising | $53,869 | - | - | $53,869 |
| Other Salaries and Wages | $46,788 | - | - | $46,788 |
| Other Employee Benefits | $32,673 | - | - | $32,673 |
| Office Expenses | - | $20,711 | - | $20,711 |
| Occupancy | - | $19,076 | - | $19,076 |
| Payroll Taxes | $11,058 | - | - | $11,058 |
| Conferences and Meetings | $2,310 | $4,450 | - | $6,760 |
| Pension Plan Contributions | $4,278 | - | - | $4,278 |
| Fees for Services Accounting | - | $3,625 | - | $3,625 |
| Other Expenses | $2,924 | - | - | $2,924 |
| All Other Expenses | $2,918 | - | - | $2,918 |
| Travel | - | $2,503 | - | $2,503 |
| Insurance | - | $2,476 | - | $2,476 |
| Depreciation Depletion | - | $202 | - | $202 |
| Total Functional Expenses | $290,286 | $53,043 | $0 | $343,329 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“Board of directors and executive director review of 990 prepared by independent accountant.”
“Governing documents and financial statements are available to the public upon request.”
“Provide resources and capital for business and community development in the alexandria minnesota area.”
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 | true |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 23990 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 39392 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 87466 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 121200 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | THE ALEXANDRIA AREA ECONOMIC DEVELOPMENT COMMISSION IS ORGANIZED TO ASSIST MANUFACTURING AND OTHER BUSINESSES TO LOCATE OR EXPAND IN THE ALEXANDRIA MINNESOTA AREA. |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 53869 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 53869 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 2918 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 2918 |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | true |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | NICOLE FERNHOLZ |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 3207634545 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 610 FILLMORE STREET |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | ALEXANDRIA |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 56308 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | false |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 120356 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 75788 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 100000 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 100000 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | false |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt | 0 | 4450 |
| IRS990/ConferencesMeetingsGrp/ProgramServicesAmt | 0 | 2310 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 6760 |
| IRS990/ConflictOfInterestPolicyInd | 0 | false |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 12613 |
| IRS990/CYOtherExpensesAmt | 0 | 148532 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 314484 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -16232 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 194797 |
| IRS990/CYTotalExpensesAmt | 0 | 343329 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 327097 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 202 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 202 |
| IRS990/Desc | 0 | PROVIDE RESOURCES AND CAPITAL FOR BUSINESS AND COMMUNITY DEVELOPMENT IN THE ALEXANDRIA MINNESOTA AREA. |
| IRS990/DescribedInSection501c3Ind | 0 | false |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRestrictionNetAssetsGrp/BOYAmt | 0 | 357825 |
| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 388085 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 2 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/ExpenseAmt | 0 | 150976 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 3625 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 3625 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 40.00 |
| 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/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| 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/PersonNm | 0 | NICOLE FERNHOLZ |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | JULIE CRITZ |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | MATTHEW FISCHER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | VICKI JODSAAS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | NICOLE KLIMEK |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | JOANI NELSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | JEFF PATIENCE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | TODD POWERS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | EDWARD REIF |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 100000 |
| 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/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/TitleTxt | 0 | EXECUTIVE DI |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | TREASURER/SE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | VICE PRESIDE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | DIRECTOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | false |
| IRS990/FormationYr | 0 | 2004 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedInd | 0 | false |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 8 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 327097 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 8 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 2476 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 2476 |
| IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt | 0 | 12613 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 12613 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 2 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 32075 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 202 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 32075 |
| IRS990/LegalDomicileStateCd | 0 | MN |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | THE ALEXANDRIA AREA ECONOMIC DEVELOPMENT COMMISSION IS ORGANIZED TO ASSIST MANUFACTURING AND OTHER BUSINESSES TO LOCATE OR EXPAND IN THE ALEXANDRIA MINNESOTA AREA. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 1026486 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 1010254 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 668661 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 622169 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 19076 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 19076 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 20711 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 20711 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 32673 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 32673 |
| IRS990/OtherExpensesGrp/Desc | 0 | WORKFORCE DEVELOPMENT |
| IRS990/OtherExpensesGrp/Desc | 1 | DUES AND SUBSCRIPTIONS |
| IRS990/OtherExpensesGrp/Desc | 2 | EVENT EXPENSES |
| IRS990/OtherExpensesGrp/Desc | 3 | RLF EXPENSES |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 19938 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 8530 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 5000 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 2924 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 19938 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 8530 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 5000 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 2924 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 46788 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 46788 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 218665 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 237852 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 11058 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 11058 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 4278 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 4278 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 3757 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 3757 |
| IRS990/PrincipalOfficerNm | 0 | NICOLE FERNHOLZ |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | RELATED ORGANIZATIONS |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | OTHER |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 178259 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 136225 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 178259 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 136225 |
| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 0 | PROVIDE RESOURCES AND CAPITAL FOR BUSINESS AND COMMUNITY DEVELOPMENT IN THE ALEXANDRIA MINNESOTA AREA. |
| IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt | 0 | 139310 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | 14840 |
| IRS990/PYOtherExpensesAmt | 0 | 129480 |
| IRS990/PYOtherRevenueAmt | 0 | 648 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 304856 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 17238 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 173626 |
| IRS990/PYTotalExpensesAmt | 0 | 303106 |
| IRS990/PYTotalRevenueAmt | 0 | 320344 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -16232 |
| IRS990/RelatedEntityInd | 0 | true |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | false |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RevenueAmt | 0 | 314484 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 620030 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 611049 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 32075 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 32075 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | PROVIDE RESOURCES AND CAPITAL FOR BUSINESS AND COMMUNITY DEVELOPMENT IN THE ALEXANDRIA MINNESOTA AREA. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | BOARD OF DIRECTORS AND EXECUTIVE DIRECTOR REVIEW OF 990 PREPARED BY INDEPENDENT ACCOUNTANT. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PAGE 2, PART III, LINE 4D |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990ScheduleR/AssetExchangeInd | 0 | false |
| IRS990ScheduleR/AssetPurchaseFromOtherOrgInd | 0 | false |
| IRS990ScheduleR/AssetSaleToOtherOrgInd | 0 | false |
| IRS990ScheduleR/DivRelatedOrganizationInd | 0 | false |
| IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd | 0 | false |
| IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd | 0 | false |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 0 | false |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd | 0 | N/A |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 0 | LAKES AREA ECONOMIC DEVELOPMENT |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine2Txt | 0 | AUTHORITY |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd | 0 | MN |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt | 0 | LEVY TAXES |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt | 0 | 610 FILLMORE |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm | 0 | ALEXANDRA |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd | 0 | 56308 |
| IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd | 0 | false |
| IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd | 0 | false |
| IRS990ScheduleR/PaidEmployeesSharingInd | 0 | false |
| IRS990ScheduleR/PerformOfServicesByOtherOrgInd | 0 | false |
| IRS990ScheduleR/PerformOfServicesForOthOrgInd | 0 | false |
| IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd | 0 | false |
| IRS990ScheduleR/ReimbursementPaidByOtherOrgInd | 0 | false |
| IRS990ScheduleR/ReimbursementPaidToOtherOrgInd | 0 | false |
| IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd | 0 | false |
| IRS990ScheduleR/RentalOfFcltsFromOthOrgInd | 0 | false |
| IRS990ScheduleR/SharingOfFacilitiesInd | 0 | false |
| IRS990ScheduleR/TransferFromOtherOrgInd | 0 | false |
| IRS990ScheduleR/TransferToOtherOrgInd | 0 | false |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | MN |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 1050476 |
| IRS990/TotalAssetsEOYAmt | 0 | 1049646 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 1050476 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 1049646 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalEmployeeCnt | 0 | 2 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 53043 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 290286 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 343329 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 23990 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 39392 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 23990 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 39392 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 1026486 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 1010254 |
| IRS990/TotalOtherProgSrvcExpenseAmt | 0 | 139310 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 290286 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 314484 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 100000 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 327097 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 327097 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 1050476 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 1049646 |
| IRS990/TravelGrp/ManagementAndGeneralAmt | 0 | 2503 |
| IRS990/TravelGrp/TotalAmt | 0 | 2503 |
| IRS990/TypeOfOrganizationAssocInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 324 BROADWAY STREET |
| IRS990/USAddress/AddressLine2Txt | 0 | SUITE 101 |
| IRS990/USAddress/CityNm | 0 | ALEXANDRIA |
| IRS990/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990/USAddress/ZIPCd | 0 | 56308 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 8 |
| IRS990/VotingMembersIndependentCnt | 0 | 8 |
| IRS990/WebsiteAddressTxt | 0 | WWW.ALEXMN.ORG |
| IRS990/WhistleblowerPolicyInd | 0 | false |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | NICOLE FERNHOLZ |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | EXECUTIVE DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 3207634545 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2022-11-11 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | ALEXANDRIA AREA ECONOMIC |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | DEVELOPMENT COMMISSION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | ALEX |
| ReturnHeader/Filer/EIN | 0 | 411670874 |
| ReturnHeader/Filer/PhoneNum | 0 | 3207634545 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 324 BROADWAY STREET RM/STE 101 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | ALEXANDRIA |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 56308 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 411860856 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | LARTER CPA GROUP LTD |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1017 BROADWAY ST SUITE 3 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | ALEXANDRIA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 563082649 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 3207636648 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2022-11-11 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | MATTHEW ROGGENBUCK |
| ReturnHeader/ReturnTs | 0 | 2022-11-15T15:03:42-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | NICOLE |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | FERNHOLZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2021-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2021-12-31 |
| ReturnHeader/TaxYr | 0 | 2021 |
No mirrored PDF or thumbnail assets are attached yet.