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MINNESOTA ECONOMIC DEVELOPMENT FOUNDATION

MINNEAPOLIS, Minnesota, 55416

EIN: 02-0684826

Community Improvement, Capacity Building

DEMOGRAPHIC

ADDRESS
4248 PARK GLEN ROAD
55416
COUNTY
hennepin county, MN
IN CARE OF NAME
WILLIAM LUCKING

ORGANIZATIONAL OVERVIEW & RANKINGS

MINNESOTA ECONOMIC DEVELOPMENT FOUNDATION is a based in MINNEAPOLIS, MN, focused on Community Improvement, Capacity Building causes , specifically Promotion of Business. Established in April 2003, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $167,118.00, this ranks 431,010 among 2,656,690 nonprofits nationally (Top 17%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 9,682 out of 53,624 organizations in MN (Top 19%).

In hennepin county, MN, the organization ranks 2,963 out of 13,125 nonprofits by assets (Top 23%), while locally in minneapolis, it stands at 1,638 among 6,505 organizations (Top 26%).

The organization reported annual revenue of $60,930.00, ranking 471,323 nationally (Top 18%) and 11,315 in MN (Top 22%).

Within its specific NTEE classification (S41 - S: Community Improvement, Capacity Building), which includes 21,510 similar organizations, MINNESOTA ECONOMIC DEVELOPMENT FOUNDATION ranks 3,839 in assets (Top 18%) and 6,607 in revenue (Top 31%).

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
S41: Promotion of Business
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
$60,930.00
FORM 990 REVENUE AMOUNT
$60,930.00
RULING DATE
04/2003
ASSET CODE
4: $100,000 to $499,999
ASSET AMOUNT
$167,118.00
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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