Advance Thief River

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 411465939 ✦ Thief river falls, MN ✦ Designated as a 501(c)(6)

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Overview

What is Advance Thief River?

Advance Thief River is a dedicated nonprofit organization situated in Thief River Falls, Minnesota. Their primary objective is to stimulate job growth and sustainability within the local area by serving as an economic development corporation. They accomplish this mission by backing an economic development director, whose role focuses on attracting, retaining, and fostering business expansion. Advance Thief River's headquarters in Thief River Falls, MN, plays a significant role in driving local development and economic progress.

Is Advance Thief River legitimate?

Advance Thief River is a legitimate nonprofit organization registered as a 501(c)(6) entity. Advance Thief River submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

What is the mission statement of Advance Thief River?

Advance Thief River is dedicated to fostering business growth in its area, specifically Thief River Falls, Minnesota. Acting as an economic development corporation, its mission is to attract, retain, and expand local businesses. To accomplish this, Advance Thief River maintains a position for an economic development director, whose primary responsibility is to promote business development within the region. By supporting this role, Advance Thief River aims to strengthen the local economy and create opportunities for job growth and business expansion.

Who is the CEO of Advance Thief River?

Brian Carlson is the President of Advance Thief River.

What is the revenue of Advance Thief River?

Advance Thief River's revenue in 2022 was $85,045.

Who are the executives of Advance Thief River and what are their salaries?


Here are 4 key members and their salaries:


Brian Carlson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kermit Genereaux (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Nelson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Muller (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Advance Thief River?

Advance Thief River's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Advance Thief River

Advance Thief River is an economic development corporation that operates with a mission to stimulate job growth and retention in the Thief River Falls area. It achieves this by supporting a dedicated economic development director, whose role is instrumental in attracting, retaining, and expanding businesses within the region. By promoting business development, Advance Thief River aims to contribute to the local economy and improve the overall economic landscape. Its efforts are geared towards fostering a thriving business environment, thereby creating opportunities for employment and economic growth.

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Impact




October, 2024

Advance Thief River significantly impacts the Thief River Falls area by focusing on job attraction, retention, and expansion. By supporting an economic development director, the organization actively works to bring new businesses to the area, ensure existing businesses thrive, and expand opportunities within the community. This leads to a more robust local economy, providing residents with stable employment and enhancing the overall quality of life. The initiatives taken by Advance Thief River not only bolster economic growth but also foster a collaborative environment where businesses can flourish, ultimately benefiting the entire community.




This information is meant to be a general summary of Advance Thief River. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$85,045 (2022)
Expenses
$74,574 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $7,420
  • Program Service Revenue: $250
  • Gross Receipts: $85,045

Assets and Liabilities:

  • Total Assets: $354,523
  • Total Liabilities: $0
  • Net Assets: $354,523

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Organization Details

Principal Officer

Brian Carlson

Main Address

PO BOX 773, THIEF RIVER FALLS, MN, 56701

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