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Greater Fergus Falls Corp

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

EIN: 831284758 ✦ Fergus falls, MN ✦ Designated as a 501(c)(3)

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Overview

What is Greater Fergus Falls Corp?

Greater Fergus Falls Corp is a nonprofit organization situated in Fergus Falls, Minnesota, with a headquarters at 101 W LINCOLN AVE. Their primary objective is to support the city government in enhancing the local economy. They accomplish this by offering guidance and encouragement to prospective businesses, motivating them to expand or establish operations within Fergus Falls. Acting as an intermediary, the corporation assists these businesses in navigating the expansion or relocation process. With a modest workforce of two employees, Greater Fergus Falls Corp plays a significant role in promoting economic growth and development within the community.


Official website here: www.greaterfergusfalls.com

Is Greater Fergus Falls Corp legitimate?

Greater Fergus Falls Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greater Fergus Falls Corp submitted a form 990, 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $113,037

For more financial information, click here


Official website here: www.greaterfergusfalls.com

What is the mission statement of Greater Fergus Falls Corp?

The Greater Fergus Falls Corp's mission is centered around supporting the city government in enhancing the local economy. In this role, they actively advise and encourage potential businesses to expand or establish themselves within the area. Acting as a facilitator, the corporation assists these businesses in their expansion or relocation processes. By doing so, the Greater Fergus Falls Corp contributes to the economic growth and development of the community.


Official website here: www.greaterfergusfalls.com

Who is the CEO of Greater Fergus Falls Corp?

Rebecca Petersen is the President of Greater Fergus Falls Corp.


Official website here: www.greaterfergusfalls.com

What is the revenue of Greater Fergus Falls Corp?

Greater Fergus Falls Corp's revenue in 2022 was $400,669.


Official website here: www.greaterfergusfalls.com

Who are the executives of Greater Fergus Falls Corp and what are their salaries?

The average compensation at Greater Fergus Falls Corp during 2022 was $56,518. There are 2 employees and 20 volunteers at Greater Fergus Falls Corp.


Here are 16 key members and their salaries:


Carrie Brimhall (Nominating C)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elise Heifort (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tara Kempfer (Personnel Ch)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Landmann (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kent Mattson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebecca Petersen (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lee Rogness (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Rufer (Past Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Schierer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Schoeneck (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kellen Shebeck (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jasmine Sonmor (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allison Stock (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Thorson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Vaughn (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Yaggie (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.greaterfergusfalls.com

Where can I find the form 990 for Greater Fergus Falls Corp?

Greater Fergus Falls Corp's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.greaterfergusfalls.com

Learn more at the official website: www.greaterfergusfalls.com

Mission Statement of Greater Fergus Falls Corp

Greater Fergus Falls Corp, a notable organization, is dedicated to supporting the city government in enhancing the economic growth of its area. In this mission, the corporation plays a pivotal role by offering guidance and encouragement to prospective businesses, motivating them to expand or establish operations within Fergus Falls, Minnesota. Acting as a mediator, Greater Fergus Falls Corp assists these businesses in their expansion or relocation processes, aiming to contribute positively to the local economy. By engaging in these activities, the organization plays a significant role in fostering economic development within its community.

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Impact




October, 2024

Greater Fergus Falls Corp plays a pivotal role in enhancing the local economy of Fergus Falls, MN. By supporting the city government, it focuses on improving economic conditions and fostering a thriving business environment. Through strategic advising and encouragement, the organization facilitates the expansion and relocation of potential business enterprises, acting as a crucial intermediary. This support not only helps attract new businesses but also strengthens existing ones, ultimately contributing to community improvement and the overall economic vitality of the area.




This information is meant to be a general summary of Greater Fergus Falls Corp. 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
$400,669 (2022)
Expenses
$294,903 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $546
  • Program Service Revenue: $5,410
  • Gross Receipts: $400,669

Assets and Liabilities:

  • Total Assets: $257,956
  • Total Liabilities: $8,654
  • Net Assets: $249,302

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

STARTUP ACCELERATOR

Revenue

$3,150

CO-WORK HYBRID & POP-UP

Revenue

$1,160

BILLABLE EXPENDITURE REVENUE

Revenue

$1,100

Organization Details

Founding Year

2018

Principal Officer

Rebecca Petersen

Main Address

101 W LINCOLN AVE, FERGUS FALLS, MN, 56537

NTEE Category

Code: S30 - Community improvement

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