Liabilities / Assets
26th percentile
Higher debt load relative to assets than 26% of similar nonprofits.
990 • Fiscal year 2023 • EIN 41-1678990
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
26th percentile
Higher debt load relative to assets than 26% of similar nonprofits.
Liabilities / Revenue
31st percentile
Higher debt load relative to revenue than 31% of similar nonprofits.
Net Margin
78th percentile
Higher net margin than 78% of similar nonprofits.
Top Officer Pay
55th percentile
Higher top officer pay than 55% of similar nonprofits.
Top officer pay equals 24.9% of source-year revenue.
Asset Growth
47th percentile
Faster asset growth than 47% of similar nonprofits.
Revenue Growth
19th percentile
Faster revenue growth than 19% of similar nonprofits.
Assets
Up$1,451,435
Up $72,549 (+5.3%) from 2022
Net Assets
Up$1,414,652
Up $97,638 (+7.4%) from 2022
Liabilities
Down$36,783
Down $25,089 (-41%) from 2022
Revenue
Down$615,052
Down $34,815 (-5.4%) from 2022
Expenses
Down$517,414
Down $21,070 (-3.9%) from 2022
Net Income
Down$97,638
Down $13,745 (-12%) from 2022
See form 990 part 1, line 1.
Assist small businesses to secure government financing for the purchase of land, buildings, and equipment which will create and/or retain jobs in minnesota and in wisconsin.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Savings and Temporary Cash Investments | $1,030,655 | $1,009,583 | ▼ $21,072 |
| Cash and Non-Interest-Bearing Accounts | $144,343 | $269,420 | ▲ $125,077 |
| Other Notes and Loans Receivable, Net | $88,580 | $83,205 | ▼ $5,375 |
| Accounts Receivable | $108,417 | $81,081 | ▼ $27,336 |
| Prepaid Expenses and Deferred Charges | $6,161 | $7,740 | ▲ $1,579 |
| Land, Buildings, and Equipment, Net | $730 | $406 | ▼ $324 |
| Total Assets | $1,378,886 | $1,451,435 | ▲ $72,549 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $61,872 | $36,783 | ▼ $25,089 |
| Total Liabilities | $61,872 | $36,783 | ▼ $25,089 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $1,317,014 | $1,414,652 | ▲ $97,638 |
| Total Net Assets Fund Balance | $1,317,014 | $1,414,652 | ▲ $97,638 |
| Total Liabilities and Net Assets / Fund Balance | $1,378,886 | $1,451,435 | ▲ $72,549 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $406 | $24,122 | $24,528 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Dwayne Lee | Director of | FT | $148,200 | $5,049 | $153,249 |
| Dwayne Lee | Director of Business | - | $148,200 | $5,049 | $153,249 |
| Name | Title |
|---|---|
| Daniel Vlasak | President |
| Chad Anderson | Director |
| Desiree Strom | Director |
| Diane Lewis | Director |
| Gary Timm | Director |
| Kyle Benish | Director |
| Mark Monson | Director |
| Ron Ziegler | Director |
| Tim Clawson | Director |
| Wendell Sande | Director |
| Richard Wegner | Secretary |
| Aaron Casterton | Treasurer |
| Luann Vanderwerf | Vice Preside |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $378,523 |
| Other Expenses | $138,891 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $172,446 | $19,161 | - | $191,607 |
| Current Officers, Directors, Trustees, and Key Employees | $133,380 | $14,820 | - | $148,200 |
| Payroll Taxes | $24,631 | $2,736 | - | $27,367 |
| Office Expenses | $23,658 | $2,629 | - | $26,287 |
| Fees for Services Other | $18,690 | - | - | $18,690 |
| Advertising | $14,314 | - | - | $14,314 |
| Fees for Services Accounting | $139 | $13,765 | - | $13,904 |
| Conferences and Meetings | $13,879 | - | - | $13,879 |
| Fees for Services Legal | $12,427 | - | - | $12,427 |
| Insurance | $6,097 | $6,097 | - | $12,194 |
| Pension Plan Contributions | $10,214 | $1,135 | - | $11,349 |
| Travel | $11,090 | - | - | $11,090 |
| Occupancy | $4,455 | - | - | $4,455 |
| Other Expenses | $1,450 | $161 | - | $1,611 |
| Depreciation Depletion | $162 | $162 | - | $324 |
| Total Functional Expenses | $449,461 | $67,953 | $0 | $517,414 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $517,414 |
| Total Expenses per Audited Statements | $517,414 |
| Total Expenses per Form 990 | $517,414 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“The board reviews the form 990 before it is filed.”
“Conflict of interest disclosures are filled out and reviewed annually.”
“The board reviews and approves compensation for any officers of the organization.”
“The organization's governing documents, conflict of interest policy, and financial statements are available upon request.”
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 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 61872 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 36783 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 108417 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 81081 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | ASSIST SMALL BUSINESSES TO SECURE GOVERNMENT FINANCING FOR THE PURCHASE OF LAND, BUILDINGS, AND EQUIPMENT WHICH WILL CREATE AND/OR RETAIN JOBS IN MINNESOTA AND IN WISCONSIN. |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 14314 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 14314 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | false |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | DWAYNE LEE |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 5072886442 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1926 COLLEGE VIEW RD SE |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | ROCHESTER |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 55904 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | false |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 144343 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 269420 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 14820 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 133380 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 148200 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConferencesMeetingsGrp/ProgramServicesAmt | 0 | 13879 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 13879 |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| 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 | 118652 |
| IRS990/CYOtherExpensesAmt | 0 | 138891 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 496400 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 97638 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 378523 |
| IRS990/CYTotalExpensesAmt | 0 | 517414 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 615052 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 162 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 162 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 324 |
| IRS990/Desc | 0 | ASSIST SMALL BUSINESSES TO SECURE GOVERNMENT FINANCING FOR THE PURCHASE OF LAND, BUILDINGS, AND EQUIPMENT WHICH WILL CREATE AND/OR RETAIN JOBS IN MINNESOTA AND IN WISCONSIN. |
| IRS990/DescribedInSection501c3Ind | 0 | false |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 3 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 13765 |
| IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt | 0 | 139 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 13904 |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 12427 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 12427 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 18690 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 18690 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 12 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 13 | 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/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/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/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/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 13 | 5049 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | DANIEL VLASAK |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | LUANN VANDERWERF |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | AARON CASTERTON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | RICHARD WEGNER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | TIM CLAWSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | RON ZIEGLER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | MARK MONSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | DESIREE STROM |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | DIANE LEWIS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | GARY TIMM |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | WENDELL SANDE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | CHAD ANDERSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | KYLE BENISH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | DWAYNE LEE |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| 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 | 148200 |
| 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/TitleTxt | 0 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | VICE PRESIDE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| 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 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | DIRECTOR OF |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 1990 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 15 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 615052 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 15 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 6097 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 6097 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 12194 |
| IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt | 0 | 118652 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 118652 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 24122 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 730 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 406 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 24528 |
| 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 | ASSIST SMALL BUSINESSES TO SECURE GOVERNMENT FINANCING FOR THE PURCHASE OF LAND, BUILDINGS, AND EQUIPMENT WHICH WILL CREATE AND/OR RETAIN JOBS IN MINNESOTA AND IN WISCONSIN. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 1317014 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 1414652 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 1317014 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 1414652 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 4455 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 4455 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 2629 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 23658 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 26287 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherExpensesGrp/Desc | 0 | BOARD MEMBER EXPENSES |
| IRS990/OtherExpensesGrp/Desc | 1 | OPER EXP REIMBURSEMENTS |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 7287 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 161 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 2429 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 1450 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 9716 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 1611 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 19161 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 172446 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 191607 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 88580 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 83205 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 2736 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 24631 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 27367 |
| IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt | 0 | 1135 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 10214 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 11349 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 6161 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 7740 |
| IRS990/PrincipalOfficerNm | 0 | DANIEL VLASAK |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | LOAN SERVICING |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | PROCESSING FEES |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 442947 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 53453 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 442947 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 53453 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | 46111 |
| IRS990/PYOtherExpensesAmt | 0 | 153010 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 603756 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 111383 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 385474 |
| IRS990/PYTotalExpensesAmt | 0 | 538484 |
| IRS990/PYTotalRevenueAmt | 0 | 649867 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 97638 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| 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/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 1030655 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 1009583 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 406 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 24122 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 24528 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 517414 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 615052 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 406 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 517414 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 615052 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 615052 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 517414 |
| IRS990ScheduleJ/EquityBasedCompArrngmInd | 0 | false |
| IRS990/ScheduleJRequiredInd | 0 | true |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 0 | 148200 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt | 0 | 5049 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 0 | DWAYNE LEE |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 0 | DIRECTOR OF BUSINESS |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt | 0 | 153249 |
| IRS990ScheduleJ/SeverancePaymentInd | 0 | false |
| IRS990ScheduleJ/SupplementalNonqualRtrPlanInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE BOARD REVIEWS THE FORM 990 BEFORE IT IS FILED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | CONFLICT OF INTEREST DISCLOSURES ARE FILLED OUT AND REVIEWED ANNUALLY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE BOARD REVIEWS AND APPROVES COMPENSATION FOR ANY OFFICERS OF THE ORGANIZATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 19 |
| 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 | 1378886 |
| IRS990/TotalAssetsEOYAmt | 0 | 1451435 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 1378886 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 1451435 |
| IRS990/TotalCompGreaterThan150KInd | 0 | true |
| IRS990/TotalEmployeeCnt | 0 | 3 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 67953 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 449461 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 517414 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 61872 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 36783 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 61872 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 36783 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 1317014 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 1414652 |
| IRS990/TotalOtherCompensationAmt | 0 | 5049 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 496400 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 148200 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 615052 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 615052 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 1378886 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 1451435 |
| IRS990/TravelGrp/ProgramServicesAmt | 0 | 11090 |
| IRS990/TravelGrp/TotalAmt | 0 | 11090 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UponRequestInd | 0 | X |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 15 |
| IRS990/VotingMembersIndependentCnt | 0 | 15 |
| IRS990/WebsiteAddressTxt | 0 | WWW.504CORPORATION.COM |
| IRS990/WhistleblowerPolicyInd | 0 | true |
| ReturnHeader/BuildTS | 0 | 2024-10-15 13:58:12Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | DWAYNE LEE |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | DIRECTOR OF BUSINESS |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 5072886442 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2024-11-14 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | SOUTHEASTERN MINNESOTA 504 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | DEVELOPMENT INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | SOUT |
| ReturnHeader/Filer/EIN | 0 | 411678990 |
| ReturnHeader/Filer/PhoneNum | 0 | 5072886442 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1926 COLLEGE VIEW RD SE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | ROCHESTER |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 55904 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 901075866 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | JEFFREY D REIMER CPA PLLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 2025 17TH ST NE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | ROCHESTER |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 55906 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5072529222 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2024-11-14 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JEFFREY D REIMER |
| ReturnHeader/ReturnTs | 0 | 2024-11-15T07:55:26-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2023-12-31 |
| ReturnHeader/TaxYr | 0 | 2023 |
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Displayed year
2023 • Form 990Detailed filing. Detailed filing data is available for this year.