Mission
OUR MISSION IS TO PROVIDE ASSISTANCE TO CULTIVATE NEW SKILLS AND RESOURCES THAT UNITE COMMUNITIES AND CONTRIBUTE TO A PROSPEROUS ECONOMY.
Public Charity
NORTH CENTRAL ECONOMIC DEVELOPMENT ASSOCIATION INC
NORTH CENTRAL ECONOMIC DEVELOPMENT ASSOCIATION INC is a Public Charity headquartered in STAPLES, MN. Financial data from the 2025 filing: $43K revenue, $56K expenses, $1.9M total assets. 5 publicly reported grants to this organization, totaling roughly $166K, appear in IRS filings.
EIN: 363458720
STAPLES, MN
Latest filing: 2025
Total Revenue$43K
Total Expenses$56K
Total Assets$1.9M
Grant Records5
Funding Total$166K
Filing Years2021–2025
Sample Grants Received
ARTS & CULTURE
$28,950
PROJECTS
$10,000
SMALL GRANTS & PROJ
$14,500
MULTIPLE GRANTS FOR MULTIPLE PURPOSES
$100,000
SMALL GRANTS & PROJ
$13,000
Showing up to 5 of 5 total records — full history available with membership.
Officers & Directors
VICE CHAIR
Allie Verchota
BOARD MEMBER
Allison Frederickson
CHAIR
Carrie Reierson
EXECUTIVE DIRECTOR
Cheryal Hills - Yes
R5DC LIAISON
David Anderson
DIRECTOR
Diane Herold
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $43K | $56K | $1.9M |
| 2024 | $105K | $84K | $2.1M |
| 2023 | $107K | $102K | $2.4M |
| 2022 | $153K | $113K | $2.7M |
| 2021 | $163K | $128K | $3.3M |
Between 2021 and 2025, reported annual revenue declined from $163K to $43K (-73%), with total assets most recently reported at $1.9M.
Interactive year-over-year charts and full filing details available with membership.