Frazee Community Development Corporation Inc

Organization Overview

Frazee Community Development Corporation Inc is located in Frazee, MN. The organization was established in 2000. According to its NTEE Classification (O20) the organization is classified as: Youth Centers & Clubs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Frazee Community Development Corporation 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 12/2023, Frazee Community Development Corporation Inc generated $77.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (35.5%) each year. All expenses for the organization totaled $120.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO CREATE HEALTHY OPPORTUNITIES IN THE AREA TO MAKE IT A THRIVING PLACE TO LIVE, WORK, AND VISIT

Describe the Organization's Program Activity:

Part 3 - Line 4a

ESTABLISH RECREATIONAL AREA AND REGIONAL PARK.


ESTABLISH RECREATIONAL AREA AND REGIONAL PARK.


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Board, Officers & Key Employees

Name (title)Compensation
Denise Anderson
President
$0
Erik Anderson
Treasurer
$0
Hank Luedke
Vice Preside
$0
Ashley Renollet
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$84,136
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$84,136
Total Program Service Revenue$0
Investment income $202
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$6,919
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $77,419

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