Nonprofits›Central Minnesota Development Company
Central Minnesota Development Company
ANDOVER, MN
Total revenue
$1.3M
Total expenses
$1.1M
Net assets
$2.2M
Grants received
—
EIN
411345544
Tax year
2023
Mission
To process and monitor sba loan programs.
Financials
FY 2023
Revenue
Contributions & grants—
Program service revenue$1.2M
Investment income$88K
Other revenue$4K
Total revenue$1.3M
Expenses
Grants paid—
Salaries & benefits$873K
Fundraising—
Other expenses$275K
Total expenses$1.1M
Total assets$3.0M
Net assets$2.2M
People
15 listed
NameRoleCompensation
TIM WALKER
EXECUTIVE DIRECTOR
Board
$164K
40 hrs/wk
JULIE LUX
SECRETARY
Board
—
2 hrs/wk
JOE PETERSON
TREASURER
Board
—
2 hrs/wk
DAVID RYMANOWSKI
VICE CHAIRMAN
Board
—
2 hrs/wk
MARTY FISHER
DIRECTOR
Board
—
2 hrs/wk
STEVEN KALINA
DIRECTOR
Board
—
2 hrs/wk
MAUREEN STEINWALL
DIRECTOR
Board
—
2 hrs/wk
CHRIS RANDALL
CHAIRMAN
Board
—
2 hrs/wk
CHRISTINE COSTELLO
DIRECTOR
Board
—
2 hrs/wk
LARRY CRANE
DIRECTOR
Board
—
2 hrs/wk
ERIK HEGG
DIRECTOR
Board
—
2 hrs/wk
SEAN SULLIVAN
DIRECTOR
Board
—
2 hrs/wk
PERRY RASSLER
DIRECTOR
Board
—
2 hrs/wk
KRAIG KLIBER
DIRECTOR
Board
—
2 hrs/wk
CLARK ARNESON
DIRECTOR
Board
—
2 hrs/wk
Details
EIN411345544
Subsection06
Ruling date1979-04
Formed1978
Employees9
Volunteers0