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Pulling IRS BMF, Form 990 filings, peer benchmarks, programs, people, and grants.
Pulling IRS BMF, Form 990 filings, peer benchmarks, programs, people, and grants.
DBA: N/A
EIN 92-2203589 · Snapshot of IRS recognition, filing currency, financial health, and governance.
NMCIC's mission is to provide capital for Community revitalization.the Northwest Minnesota Community Impact corporation was formed to expand Northwest Minnesota foundation's mission in building better lives for everyone in the Northwest Minnesota region. The NMCIC allows for financing and expertise to better serve the communities and individuals who have been historically underserved. The NMCIC supports a more purposeful approach in the communities and populations that have had difficult time accessing funding and continue supporting Community revitalization. Since 1996, the Northwest Minnesota foundation has been a certified cdfi, a Community development financial institution, through the u.s. Department of the treasury. The program provides financing intended to support Community revitalization. The creation of the NMCIC allows the organization to continue our work as a cdfi with a different approach.
Total Revenue
$312K
FY2024
Total Expenses
$102K
FY2024
Net Assets
$599K
Program Ratio
100.0%
expenses on programs
Employees
0
Volunteers
20
Board Members
12
Voting
12
Independent
8 answers compiled from IRS Form 990, BMF, Pub 78, and the Auto-Revocation List.