Central Minnesota Financial Management Inc
- Assets
- $4.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Willmar, MN
- Founding
- 08/2009
- Data as of
- 12/2022
- EIN
- 26-0745625
Organization Overview
Central Minnesota Financial Management Inc is located in Willmar, MN. The organization was established in 2009. According to its NTEE Classification (P62) the organization is classified as: Victims Services, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Central Minnesota Financial Management Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, Central Minnesota Financial Management Inc generated $89.4k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $76.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE PROGRAM PROVIDED SERVICES TO 164 RESIDENTS WITH DISABILITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deb Shriver President & | 1 | $0 | |
Brenda Johnson Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $19 |
| Total Program Service Revenue | $89,425 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $89,444 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $51,430 |
| Professional fees and other payments to independent contractors | $1,200 |
| Occupancy, rent, utilities, and maintenance | $2,500 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $21,577 |
| Total expenses | $76,707 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,132 |
| Other assets | $0 |
| Total assets | $4,135 |
| Total liabilities | $8,649 |
| Net assets or fund balances | -$4,514 |