Northern Technology Initiative
- Assets
- $7.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Pine City, MN
- Founding
- 07/2000
- Data as of
- 12/2022
- EIN
- 31-1709954
Organization Overview
Northern Technology Initiative, operating under the name Gps 4593, is located in Pine City, MN. The organization was established in 2000. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gps 4593 is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Gps 4593 generated $31.2k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 20.0% each year . All expenses for the organization totaled $33.0k during the year ending 12/2022. While expenses have increased by 2.2% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
TO CAPITALIZE ON THE STRENGTHS THAT COME FROM BEING A REGIONAL ECONOMIC DEVELOPMENT ALLICANCE ACTING AS A CONDUIT FOR MEMBERS TO ACCESS RESOURCES, PROSPECTVIE BUSINESSES AND EDUCATIONAL OPPORTUNITIES THAT WOULD OTHERWISE NOT BE AVAILABLE TO THEM; AND TO PROVIDE A REGIONAL APPROACH TO WORKFORCE DEVELOPMENT AND BUSINES RETENTION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephanie Hillsheim President | 5 | $0 | |
Jessica Bitz Vice Preside | 5 | $0 | |
Sandy Voight Past-Preside | 3 | $0 | |
Lezlie Sauter Treasurer | 3 | $0 | |
Michelle Thomas Secretary | 3 | $0 | |
Rebecca Perrotti Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,945 |
| Total Program Service Revenue | $4,100 |
| Membership dues | $24,110 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $31,155 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $16,174 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $16,816 |
| Total expenses | $32,990 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $7,747 |
| Other assets | $0 |
| Total assets | $7,747 |
| Total liabilities | $0 |
| Net assets or fund balances | $7,747 |