Mission
THE ORGANIZATION'S MISSION IS TO PROVIDE INNOVATIVE FINANCING RESOURCES THAT FOSTER BUSINESS GROWTH.
Public Charity
AMPLIO ECONOMIC DEVELOPMENT CORPORATION
Based in ARDEN HILLS, MN, AMPLIO ECONOMIC DEVELOPMENT CORPORATION operates as a Public Charity. The organization reported $1.7M in revenue, $1.7M in expenses, $2.6M in total assets for fiscal year 2025. Imperigo tracks 5 reported grants from this foundation totaling approximately $346K.
EIN: 411577185
ARDEN HILLS, MN
Latest filing: 2025
Total Revenue$1.7M
Total Expenses$1.7M
Total Assets$2.6M
Grants Given5
Grant Total$346K
Filing Years2021–2025
Where $100 goes at Amplio Economic Development Corporation
How Amplio Economic Development Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$84
Programs
the work itself
$16
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $84 for programs
$84
The 504 program includes 503/504 loans for the purpose of furthering the economic development for the state of minnesota
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Given
TO MAKE PHILANTHROPIC GRANTS AND PROVIDE SERVICES THAT CONTRIBUTE TO THE HEALTH AND VITALITY OF THE COMMUNITY.
$45,000
TO MAKE PHILANTHROPIC GRANTS AND PROVIDE SERVICES THAT CONTRIBUTE TO THE HEALTH AND VITALITY OF THE COMMUNITY.
$50,000
TO MAKE PHILANTHROPIC GRANTS AND PROVIDE SERVICES THAT CONTRIBUTE TO THE HEALTH AND VITALITY OF THE COMMUNITY.
$47,500
TO MAKE PHILANTHROPIC GRANTS AND PROVIDE SERVICES THAT CONTRIBUTE TO THE HEALTH AND VITALITY OF THE COMMUNITY.
$100,000
TO MAKE PHILANTHROPIC GRANTS AND PROVIDE SERVICES THAT CONTRIBUTE TO THE HEALTH AND VITALITY OF THE COMMUNITY.
$103,000
Showing up to 5 of 5 total records — full history available with membership.
Officers & Directors
ASSISTANT TREASURER/CEO
Andrew Clausen
SECRETARY/ TREASURER
Andrew Swammi
DIRECTOR
Chet Masserano
LOAN OFFICER
Chris Kaye
DIRECTOR
Erin Hammer
CHAIR/ DIRECTOR
James Terrell
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $1.7M | $1.7M | $2.6M |
| 2024 | $1.9M | $1.7M | $2.6M |
| 2023 | $1.9M | $1.7M | $2.4M |
| 2022 | $1.7M | $1.8M | $2.3M |
| 2021 | $1.7M | $1.6M | $2.4M |
Between 2021 and 2025, reported annual revenue grew from $1.7M to $1.7M (+2%), with total assets most recently reported at $2.6M.
Interactive year-over-year charts and full filing details available with membership.
Grant Geography
Grants from this foundation were reported to recipients in MN.
MN
Full geographic grant map with state-by-state breakdown available with membership.