Midwest Business Finance Corporation

Public charity990-T FY2023

Community Development · SAINT CLOUD, MN · EIN 41-1846655

Overview Money In Money Out People Connected Orgs Positions Interview Endorsements

About

To promote small business & jobs

Donations are tax-deductible

Financial Snapshot

FY ending 2024-09-30

Revenue

$4.3M

Expenses

$3.5M

Assets

$7.2M

Liabilities

$1.1M

Financial history

$4.3M$2.2M$0

161718192021222324

RevenueExpenses

Latest FY2024: $4.3M · Avg: $3.3M

Political & Grant Activity

Campaign Spending

—

Lobbying

—

Grants Given

$86K

MIDWEST BUSINESS FINANCE CORPORATION

Your actions

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Address

616 Roosevelt RD STE 200

Saint Cloud, MN, 56301-490

Governance

Voting board members12

Independent members11

Conflict-of-interest policyYes

Whistleblower policyYes

Doc-retention policyYes

Audit committeeYes

990 reviewed by boardYes

Compensation practices

Severance paymentsNo

Equity-based compNo

Supplemental retirement planNo

Compensation committeeYes

Used comp surveyYes

Initial contract exceptionNo

Public records

ProPublica Nonprofit Explorer ↗

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