MINNESOTA BUSINESS FINANCE CORPORATION
SAINT CLOUD,
Minnesota,
56301
EIN: 41-1846655
Community Improvement, Capacity Building
DEMOGRAPHIC
ADDRESS
616 ROOSEVELT RD STE 200
56301
COUNTY
stearns county, MN
ORGANIZATIONAL OVERVIEW & RANKINGS
MINNESOTA BUSINESS FINANCE CORPORATION is a based in SAINT CLOUD, MN, focused on Community Improvement, Capacity Building causes , specifically Economic Development. Established in September 1997, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $6,667,308.00, this ranks 75,756 among 2,656,690 nonprofits nationally (Top 3%), demonstrating exceptional financial capacity relative to its peers. At the state level, it stands at 1,707 out of 53,624 organizations in MN (Top 4%).
In stearns county, MN, the organization ranks 36 out of 1,336 nonprofits by assets (Top 3%), while locally in saint cloud, it stands at 16 among 545 organizations (Top 3%).
The organization reported annual revenue of $4,245,343.00, ranking 53,703 nationally (Top 3%) and 1,343 in MN (Top 3%).
Within its specific NTEE classification (S30 - S: Community Improvement, Capacity Building), which includes 4,887 similar organizations, MINNESOTA BUSINESS FINANCE CORPORATION ranks 215 in assets (Top 5%) and 117 in revenue (Top 3%).
The organization files a 990 (all other) or 990EZ return and operates on a August fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
Described in section 509 a 2 of the Code
Area development redevelopment of renewal
NTEE COMMON CODE
S: Community Improvement, Capacity Building
NTEE CODE
S30: Economic Development
FOUNDATION CODE
16: Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
09/2023
ACCOUNTING PERIOD
09
INCOME CODE
6: $1,000,000 to $4,999,999
INCOME AMOUNT
$4,410,012.00
FORM 990 REVENUE AMOUNT
$4,245,343.00
RULING DATE
09/1997
ASSET CODE
7: $5,000,000 to $9,999,999
ASSET AMOUNT
$6,667,308.00
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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