Toivola-Meadowlands Development Board Inc
- Assets
- $291.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Meadowlands, MN
- Founding
- 06/1993
- Data as of
- 12/2022
- EIN
- 41-1729106
Organization Overview
Toivola-Meadowlands Development Board Inc is located in Meadowlands, MN. The organization was established in 1993. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Toivola-Meadowlands Development Board Inc 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, Toivola-Meadowlands Development Board Inc generated $85.0k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $99.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
June Morse President | 5 | $0 | |
Pamela Hunholz Secretary | 5 | $0 | |
Donald Maly Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $85,860 |
| Membership dues | $0 |
| Investment income | $348 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$1,186 |
| Other Revenue | $0 |
| Total Revenue | $85,022 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $10,760 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $61,145 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $27,851 |
| Total expenses | $99,756 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $89,703 |
| Other assets | $0 |
| Total assets | $291,286 |
| Total liabilities | $253,379 |
| Net assets or fund balances | $37,907 |