Public Charity

Jackson Economic Development Corporation

Jackson Economic Development Corporation, of Jackson, MN, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $446K in revenue, $139K in expenses, $7.2M in total assets.

EIN: 113690424 Jackson, MN Urban & Community Economic Development NTEE: S31 Latest filing: 2024
Total Revenue$446K
Total Expenses$139K
Total Assets$7.2M
Grant Records0
Filing Years2020–2024

Mission

Organization's primary function is to improve and develop the industrial needs of the community and to assist in creating jobs. The Organization is engaged principally in the development, leasing, and sale of Organization-owned properties in the Jackson, Minnesota area.

Where $100 goes at Jackson Economic Development Corporation

How Jackson Economic Development Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$100 Programs the work itself
<$1 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 $100 for programs

$100
To develop, lease and sell Organization owned properties while assisting in the development of jobs
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Director Bill Henning
Director Brad Anderson
Director Brandon Finck
President Chelsea Honnette
Director Clayton Lewis
Director Dave Lovell

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $446K $139K $7.2M
2023 $400K $189K $6.8M
2022 $755K $178K $6.6M
2021 $324K $152K $7.6M
2020 $181K $202K $6.6M

Between 2020 and 2024, reported annual revenue grew from $181K to $446K (+147%), with total assets most recently reported at $7.2M.

Interactive year-over-year charts and full filing details available with membership.

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