Nonpartisan civic infrastructure
AllCiv·Legis1
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Midwest Business Finance Corporation

Public charity990-T FY2023
Community Development · SAINT CLOUD, MN · EIN 41-1846655

Officers, Directors & Key Employees

Per Form 990 for fiscal year ending 2024-09-30
Compensation per 990 Part VII; rows marked “Sch J” include the Schedule J executive-comp breakdown for the same year.
NameTitleRole flagsHours/wkReportable compRelated compOther comp
Nadene Kruize
Sch J: base $259K · related orgs $44K
President & CEOOfficer40.0$318K$0$50K
Joseph Kammermeier
Sch J: base $158K · related orgs $34K
VICE President Business DEHighest comp40.0$175K$0$31K
Thomas Saehr
Sch J: base $351K · related orgs $29K
Former President & Ceo/boaSchedule J—$351K$29K$0
Terry Stein
Sch J: base $150K · related orgs $36K
VICE President Business DESchedule J—$150K$36K$0
Michael Stearns
Sch J: base $138K · related orgs $39K
VICE President Business DESchedule J—$138K$39K$0