Public Charity

OWATONNA BUSINESS INCUBATOR INC

OWATONNA BUSINESS INCUBATOR INC, of OWATONNA, MN, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $282K in revenue, $369K in expenses, $365K in total assets. 1 publicly reported grants to this organization, totaling roughly $20K, appear in IRS filings.

EIN: 411644556 OWATONNA, MN Small Business Development NTEE: S43 Latest filing: 2024
Total Revenue$282K
Total Expenses$369K
Total Assets$365K
Grant Records1
Funding Total$20K
Filing Years2019–2024

Mission

PROMOTION OF ECONOMIC DEVELOPMENT THROUGH REDUCED FACILITY COSTS AND MENTORSHIP OF START UP BUSINESSES AND FACILITATING GROWTH OF EXISTING BUSINESSES.

Officers & Directors

DIRECTOR Ali Diriye
DIRECTOR Ben Cass
DIRECTOR Brent Svenby
SECRETARY Dan Boeke
DIRECTOR Greg Johnson
PRESIDENT Joe Effertz

Officer compensation and complete director data available with membership.

Top Grant Purposes

CO.STARTERS FOR OWATONNA AREA
$20,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $282K $369K $365K
2023 $236K $198K $450K
2022 $229K $133K $411K
2020 $199K $177K $256K
2019 $210K $156K $236K

Between 2019 and 2024, reported annual revenue grew from $210K to $282K (+34%), with total assets most recently reported at $365K.

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

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