Riverbend Center For Enterprises Facilitation
- Assets
- $19.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mankato, MN
- Founding
- 01/2000
- EIN
- 41-1879417
Organization Overview
Riverbend Center For Enterprises Facilitation is located in Mankato, 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. Riverbend Center For Enterprises Facilitation 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 undefined, Riverbend Center For Enterprises Facilitation generated $186.4k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 11.7% each year . All expenses for the organization totaled $202.9k during the year ending undefined. While expenses have increased by 8.3% per year over the past 6 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
Describe the Organization's Program Activity:
Part 3
TO PROMOTE ECONOMIC AND COMMUNITY REVITALIZATION BY PROVIDING A MANAGEMENT ASSISTANCE PROGRAM OF ONE TO ONE GUIDANCE, INFORMATION, REFERRAL AND MANAGEMENT ADVICE.THESE SERVICES ARE FREE AND CONFIDENTIAL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Pettersen Director | 0 | $0 | |
Kip Bruender Chairman | 0 | $0 | |
Bryan Stading Executive Direc | 40 | $68,917 | |
Mark Piepho Director | 0 | $0 | |
Richard Koons Vice Chair | 0 | $0 | |
Bob Rinne Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $186,314 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $51 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $186,365 |
| Statement of Expenses | |
|---|---|
| Total expenses | $202,939 |
| Balance Sheet | |
|---|---|
| Total assets | $18,987 |
| Total liabilities | $8,148 |
| Net assets or fund balances | $10,839 |