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Filing year 2024

AMPLIO ECONOMIC DEVELOPMENT CORPORATION

Arden Hills, Minnesota·EIN 41-1577185·4
Total revenue
$1.9M
Total assets
$2.6M
Total expenses
$1.7M
Reported officers
16
Mission

THE ORGANIZATION'S MISSION IS TO PROVIDE INNOVATIVE FINANCING RESOURCES THAT FOSTER BUSINESS GROWTH.

Executive compensation, broken down

Form 990 · Schedule J · 3 reported individuals · Filing year 2024

Assistant Secretary/ CEO
$272k
$290k
Base
$204k
Bonus
$33k
Other
Benefits
$24k
Assistant Treasurer
$217k
$231k
Base
$173k
Bonus
$8k
Other
Benefits
$27k
Loan Officer
highest compensated employee
$140k
$149k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Minneapolis-St.Paul-Bloomington, MN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 13 unpaid individuals.

Down 36%
from 2023

From $429k in 2023 to $272k in 2024.

$429k
2023
$272k
2024
In today's dollarsEst.
Down 38% in real terms$468k to $290k

Estimated with Minneapolis-St.Paul-Bloomington, MN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

AMPLIO ECONOMIC DEVELOPMENT CORPORATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.9M
$1.7M
2023
$1.9M
$1.7M
2024
Total revenue and total expenses from IRS Form 990 filings.
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