NonprofitsWe Invest In You Inc

Community Improvement & Capacity Building

We Invest In You Inc

HOPKINS, MN

Total revenue

$27K

Total expenses

$194K

Net assets

$841K

Grants received

EIN

854242254

Tax year

2023

Mission

We invest in you provides support to smaller, greater minneapolis metro companies that otherwise don't have access to reasonably priced financing but have a viable business plan. We are a business funding and coaching nonprofit, providing below market financing to entrepreneurs of all genders, sexual orientations, marital statuses, races, colors, religions, nations of origin and ages on the condition that they agree to accept coaching. Because of the coaching and financing, we expect the entrepreneurs to achieve success sooner, resulting in improved living standards for themselves and their employees. The goal of this program is to enable these entrepreneurs to be financially viable enough that a bank will provide standard loan terms to their companies in two to three years.

Financials

FY 2023

Revenue

Contributions & grants$3K
Program service revenue$18K
Investment income$6K
Other revenue$274
Total revenue$27K

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$194K
Total expenses$194K
Total assets$844K
Net assets$841K

People

5 listed

NameRoleCompensation

GARY PEDERSEN

DIRECTOR AND PRESIDENT

Board

$1K

10 hrs/wk

E TED YOCH

FOUNDER, DIRECTOR

Board

15 hrs/wk

TOM KLINGEN

DIRECTOR

Board

2 hrs/wk

STEVE YOCH

DIRECTOR

Board

2 hrs/wk

GREG YOCH

DIRECTOR

Board

2 hrs/wk

Details

EIN854242254
NTEE codeS31
Subsection03
Ruling date2021-04
Formed2020
Employees0
Volunteers0
WE INVEST IN YOU INC — Mission, Financials & Grants Received | Grantivo