NonprofitsAmplio Economic Development Corporation

Amplio Economic Development Corporation

ARDEN HILLS, MN

Total revenue

$1.9M

Total expenses

$1.7M

Net assets

$2.1M

Grants received

EIN

411577185

Tax year

2024

Mission

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.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$1.9M
Investment income$68K
Other revenue
Total revenue$1.9M

Expenses

Grants paid$700
Salaries & benefits$123K
Fundraising
Other expenses$1.5M
Total expenses$1.7M
Total assets$2.6M
Net assets$2.1M

People

16 listed

NameRoleCompensation

JONATHAN SAGE-MARTINSON

ASSISTANT SECRETARY/ CEO

Board

$237K

44 hrs/wk

ANDREW CLAUSEN

ASSISTANT TREASURER

Board

$180K

44 hrs/wk

JOE BAUER

DIRECTOR

Board

1 hrs/wk

RAOUL BOOTON

DIRECTOR

Board

1 hrs/wk

WENDY ETHEN

VICE CHAIR/ CHAIR

Board

1 hrs/wk

JOHN FRITZ

DIRECTOR

Board

1 hrs/wk

CHET MASSERANO

DIRECTOR

Board

1 hrs/wk

MICHAEL GAY

DIRECTOR

Board

1 hrs/wk

JULIE KIMBLE

DIRECTOR

Board

1 hrs/wk

JIMMY LOYD

DIRECTOR

Board

1 hrs/wk

MARY STOICK

DIRECTOR/ VICE CHAIR

Board

1 hrs/wk

ANDREW SWAMMI

SECRETARY/ TREASURER

Board

1 hrs/wk

STEVE ERCHUL

DIRECTOR

Board

1 hrs/wk

KIM STOREY

SECRETARY/ TREASURER

Board

1 hrs/wk

JAMES TERRELL

CHAIR/ DIRECTOR

Board

1 hrs/wk

CHRIS KAYE

LOAN OFFICER

Staff

$101K

44 hrs/wk

Details

EIN411577185
Subsection04
Ruling date1987-07
Formed1981
Employees1
Volunteers54
AMPLIO ECONOMIC DEVELOPMENT CORPORATION — Mission, Financials & Grants Received | Grantivo