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North Central Economic Development Association Inc
Community Development · Staples, Minnesota
200 1St St Ne Ste 2, Staples, MN 56479-2398
EIN: 363458720· Founded: Dec 1986· 40 years active· Filing Year: 2023
Annual Revenue
$107K
Total Expenses
$102K
Total Assets
$2.4M
Program Spending
96%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$3K
2.6% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
Not reported
Total Payroll
$3K
3% of total expenses
Where the Money Goes
96%
Programs: 96%
Payroll: 3%
Other overhead: 4%
Program Revenue$98K (91%)
Total Expenses$102K (95%)
Payroll$3K (3%)
Overhead (non-program)4%
Trust Score Breakdown
Program Spending Ratio
96% of expenses go to programs
Revenue & Stability
$107K annual revenue
Executive Compensation
$3K total officer comp (2.6% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$2.4M 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.