Small Public Charity

FERGUS FALLS AREA ECONOMIC IMPROVEMENT COMMISSION INC

FERGUS FALLS AREA ECONOMIC IMPROVEMENT COMMISSION INC, of FERGUS FALLS, MN, is a Small Public Charity tracked in Imperigo's IRS 990 database. The 2020 filing shows $34K in revenue, $31K in expenses, $402K in total assets. IRS filings disclose 1 grants awarded by this foundation, totaling roughly $17K.

EIN: 411756012 FERGUS FALLS, MN General Support NTEE: DEFAULT Latest filing: 2020
Total Revenue$34K
Total Expenses$31K
Total Assets$402K
Grants Given1
Grant Total$17K
Filing Years2017–2020

Mission

THE GOAL OF BUSINESS DEVELOPMENT FOR FERGUS FALLS IS TO "PROMOTE THE GROWTH, EXPANSION AND DEVELOPMENT OF BUSINESS CONCERNS, INCLUDING SMALL BUSINESS CONCERNS TO ENCOURAGE AND ASSIST IN THE LOCATION OF NEW BUSINESS AND INDUSTRY, REHABILITATE AND ASSIST EXISTING BUSINESS FIRMS AND INDUSTRY,- AND THEREBY "CONTRIBUTE TO THE ECONOMIC WELLBEING OF THE AREA AS MEASURED BY INCREASED EMPLOYMENT, PAYROLL, BUSINESS VOLUME AND OTHER CORRESPONDING FACTORS."

Sample Grants Given

CITY OF FERGUS FALLS
FERGUS FALLS, MN · 2017
$17,112

Showing up to 5 of 1 total records — full history available with membership.

Officers & Directors

DIRECTOR Annie Deckert
CHAIR Anthony Hicks
DIRECTOR Jeff Stanislawski
DIRECTOR Karla Connelly
DIRECTOR Klara Beck
DIRECTOR Lonnie Ballweg

Officer compensation and complete director data available with membership.

Top Grant Purposes

Unspecified
$17,112 1 grant

Financial Trends

Year Revenue Expenses Assets
2020 $34K $31K $402K
2019 $18K $61K $399K
2018 $45K $154K $446K
2017 $73K $68K $558K

Between 2017 and 2020, reported annual revenue declined from $73K to $34K (-54%), with total assets most recently reported at $402K.

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.

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