Central Minnesota Financial Management Inc
- Assets
- $2.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Willmar, MN
- Founding
- 08/2009
- Data as of
- 12/2020
- 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 12/2020, Central Minnesota Financial Management Inc generated $97.0k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $82.7k during the year ending 12/2020. 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
2020
Describe the Organization's Program Activity:
Part 3
THE PROGRAM PROVIDED SERVICES TO 175 RESIDENTS WITH DISABILITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brenda Johnson Secretary | 40 | $55,286 | |
Deb Shriver President & | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $96,982 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $96,982 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $58,882 |
| Professional fees and other payments to independent contractors | $1,045 |
| Occupancy, rent, utilities, and maintenance | $2,100 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $20,649 |
| Total expenses | $82,676 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,839 |
| Other assets | $0 |
| Total assets | $2,915 |
| Total liabilities | $840 |
| Net assets or fund balances | $2,075 |
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