Benton Economic Partnership Inc

Organization Overview

Benton Economic Partnership Inc is located in Foley, MN. The organization was established in 2017. 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. Benton Economic Partnership 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 12/2021, Benton Economic Partnership Inc generated $194.1k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $180.6k during the year ending 12/2021. 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

ECONOMIC DEVELOPMENT ACTIVITIES INCLUDING BENTON ECONOMIC PARTNERSHIP MEMBERSHIP PROCUREMENT, WORKFORCE DEVELOPMENT INITIATED WITH 5 ORGANIZATIONS IN BENTON COUNTY, AND DEVELOPMENT OF REGION 7W COMPREHENSIVE ECONOMIC DEVELOPMENT STRATEGY FOR BENTON COUNTY AND SURROUNDING COUNTIES OF SHERBURNE, STEARNS AND WRIGHT COUNTY.


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$194,066
Total Program Service Revenue$0
Membership dues$0
Investment income $0
Gain or Loss$0
Net Income from Gaming & Fundraising$0
Other Revenue$0
Total Revenue$194,066

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Benton Economic Partnership Inc has recieved totaling $10,000.

Awarding OrganizationAmount
Initiative Foundation

Little Falls, MN

PURPOSE: IDENTIFY UNSERVED AND UNDERSERVED AREAS WITHIN THE COUNTY THAT ARE EXPERIENCING A LACK OF AFFORDABLE, EFFICIENT, RELIABLE, AND ACCESSIBLE BROADBAND ACCESS BY CONDUCTING A COUNTY-WIDE BROADBAND FEASIBILITY ANALYSIS.

$10,000
View Grant Recipient Profile

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