FORTIS CAPITAL
MINNEAPOLIS,
Minnesota,
55401
EIN: 84-2716465
Community Improvement, Capacity Building
MISSION
Fortis Capital works to help people in low-income and under-served communities start small businesses. Fortis Capital will meet/consult with them. They will help them form a business plan and help them apply for start-up loans.
DEMOGRAPHIC
ADDRESS
333 WASHINGTON AVE N STE 300
55401
COUNTY
hennepin county, MN
IN CARE OF NAME
CHRISTOPHER CRUTCHFIELD
ORGANIZATIONAL OVERVIEW & RANKINGS
FORTIS CAPITAL is a based in MINNEAPOLIS, MN, focused on Community Improvement, Capacity Building causes , specifically Economic Development. Established in February 2020, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $2,549,545.00, this ranks 132,693 among 2,656,690 nonprofits nationally (Top 5%), demonstrating exceptional financial capacity relative to its peers. At the state level, it stands at 2,955 out of 53,624 organizations in MN (Top 6%).
In hennepin county, MN, the organization ranks 1,168 out of 13,125 nonprofits by assets (Top 9%), while locally in minneapolis, it stands at 670 among 6,505 organizations (Top 11%).
The organization reported annual revenue of $92,915.00, ranking 405,795 nationally (Top 16%) and 9,736 in MN (Top 19%).
Within its specific NTEE classification (S30 - S: Community Improvement, Capacity Building), which includes 4,887 similar organizations, FORTIS CAPITAL ranks 387 in assets (Top 8%) and 1,463 in revenue (Top 30%).
The organization files a 990 (all other) or 990EZ return and operates on a November fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
S: Community Improvement, Capacity Building
NTEE CODE
S30: Economic Development
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
3: $25,000 to $99,999
INCOME AMOUNT
$92,915.00
FORM 990 REVENUE AMOUNT
$92,915.00
RULING DATE
02/2020
ASSET CODE
6: $1,000,000 to $4,999,999
ASSET AMOUNT
$2,549,545.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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