Conduct New Search

Federal ID# 411556013

Northwest Minnesota Foundation

    • Northwest Minnesota Initiative Fund

General Information

Organization Type CHARITY
Contact Person Karen White
Address 201 Third Street Northwest, Bemidji, MN 56601
Phone Number (218) 759-2057
Purpose or Description To increase economic growth and business development to ensure regional economic diversity and stability.
Status Active
Extension Granted

Financial Information

For Fiscal Year Ending 6/30/2023

INCOME
Direct Public Support$4,499,801
Government Grants+ $1,642,822
Other Revenue+ $1,668,012
Total Revenue$7,810,635
EXPENSES
Amount Spent for Program or Charitable Purposes$6,217,611
Management/General Expense+ $2,214,229
Fundraising Expense+ $360,006
Total Expenses$8,791,846

Excess/Deficit
Total Revenue$7,810,635
Total Expenses- $8,791,846
Excess/Deficit$-981,211
End of Year Fund Bal/Net Worth
Total Assets$96,817,979
Total Liabilities- $6,488,947
End of Year Fund Bal/Net Worth$90,329,032

Financial Information for Prior Years

Conduct New Search