60
Grand Rapids Area Community Fndtn
Community Development · Grand Rapids, Minnesota
350 Nw 1St Ave Ste E, Grand Rapids, MN 55744-2756
EIN: 411761590· Founded: Jan 1994· 32 years active· Filing Year: 2023
Annual Revenue
$3.1M
Total Expenses
$1.7M
Total Assets
$31.1M
Program Spending
0%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$86K
5.1% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$101K
Total Payroll
$187K
11% of total expenses
Where the Money Goes
0%
Programs: 0%
Payroll: 11%
Other overhead: 100%
0
Total Expenses$1.7M (54%)
Payroll$187K (11%)
Overhead (non-program)100%
Trust Score Breakdown
Program Spending Ratio
0% of expenses go to programs
Revenue & Stability
$3.1M annual revenue
Executive Compensation
$86K total officer comp (5.1% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$31.1M in assets
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.