Public Charity

ITASCA ECONOMIC DEVELOPMENT CORPOR

ITASCA ECONOMIC DEVELOPMENT CORPOR is a Public Charity headquartered in GRAND RAPIDS, MN. Financial data from the 2024 filing: $1.5M revenue, $1.5M expenses, $4.4M total assets. 6 publicly reported grants to this organization, totaling roughly $385K, appear in IRS filings.

EIN: 411413301 GRAND RAPIDS, MN Latest filing: 2024
Total Revenue$1.5M
Total Expenses$1.5M
Total Assets$4.4M
Grant Records6
Funding Total$385K
Filing Years2020–2024

Mission

TO GROW THE ITASCA COUNTY ECONOMY THROUGH EDUCATION, RESEARCH AND OUTREACH THAT CREATES BUSINESS OPPORTUNITIES

Sample Grants Received

2024
EMPLOYMENT & FINANCIAL INCLUSION
$100,000
2023
MULTIPLE GRANTS FOR PROGRAMS, OPERATIONS, OR OTHER PURPOSES
$10,000
2020
Annual Distribution
$105,000
2018
UNRESTRICTED GIFT, SOFTWARE UPGRADE
$10,000

Showing up to 5 of 6 total records — full history available with membership.

Officers & Directors

BOARD MEMBER Bart Johnson
BOARD MEMBER Ben Benoit
CHAIR Brad Dolinksi
BOARD MEMBER Isaac Meyer
SECRETARY Jean Macdonell
VICE-CHAIR Jodi Piekarski

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL
$150,000 1 grant
Annual Distribution
$105,000 1 grant
EMPLOYMENT & FINANCIAL INCLUSION
$100,000 1 grant
MULTIPLE GRANTS FOR PROGRAMS, OPERATIONS, OR OTHER PURPOSES
$10,000 1 grant
UNRESTRICTED GIFT, RAIL INITIATIVE PRE-ENGINEERING REPORT
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $1.5M $1.5M $4.4M
2023 $2.4M $1.3M $4.5M
2022 $1.3M $1.3M $3.6M
2021 $1.9M $1.5M $3.7M
2020 $1.3M $1.1M $3.3M

Between 2020 and 2024, reported annual revenue grew from $1.3M to $1.5M (+10%), with total assets most recently reported at $4.4M.

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

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