Lincoln Park Business Group
- Assets
- $57.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Duluth, MN
- Founding
- 08/1999
- Data as of
- 12/2023
- EIN
- 41-6037915
Organization Overview
Lincoln Park Business Group is located in Duluth, MN. The organization was established in 1999. According to its NTEE Classification (S31) the organization is classified as: Urban & Community 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. Lincoln Park Business Group 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, Lincoln Park Business Group generated $33.1k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $30.1k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.7%) per year over the past 9 years. 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
2023
Describe the Organization's Program Activity:
Part 3
ENGAGED IN LINCOLN PARK BUSINESS DEVELOPMENT, INCLUDING RETENTION, EXPANSION, AND RECRUITMENT OF BUSINESSES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Rolfe Treasurer | 0 | $0 | |
Stephanie Lafleur President | 0 | $0 | |
Todd Johnson Director | 0 | $0 | |
Rose Hale Director | 0 | $0 | |
Eric Siljendahl Board Secret | 0 | $0 | |
Karin Kraemer Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,003 |
| Total Program Service Revenue | $2,000 |
| Membership dues | $4,225 |
| Investment income | $19 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $11,823 |
| Other Revenue | $16 |
| Total Revenue | $33,086 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $18,569 |
| Professional fees and other payments to independent contractors | $3,419 |
| Occupancy, rent, utilities, and maintenance | $5,410 |
| Printing, publications, postage, and shipping | $39 |
| Other expenses | $2,661 |
| Total expenses | $30,098 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $56,341 |
| Other assets | $0 |
| Total assets | $57,091 |
| Total liabilities | $0 |
| Net assets or fund balances | $57,091 |