Advance Thief River

Organization Overview

Advance Thief River is located in Thief River Falls, MN. The organization was established in 1984. According to its NTEE Classification (J99) the organization is classified as: Employment N.E.C., under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Advance Thief River is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 12/2021, Advance Thief River generated $88.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.2% each year . All expenses for the organization totaled $75.4k during the year ending 12/2021. While expenses have increased by 10.2% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990EZ Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3

PROMOTE BUSINESS ATTRATION/RETENTION/EXPANSION THROUGH SUPPORT OF AN ECONOMIC DEVELOPMENT DIRECTOR POSITION


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$80,150
Total Program Service Revenue$1,166
Membership dues$0
Investment income $7,430
Gain or Loss$0
Net Income from Gaming & Fundraising$0
Other Revenue$0
Total Revenue$88,746

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