DULUTH 1200 FUND INC
EIN: 41-1520829Duluth, MNZIP: 55802
501(c)(3)
Mission
The 1200 Fund's purpose is to provide low or no interest loans & other financial assistance (grants) to local Duluth area individuals and businesses to confront economic deterioration & loss of jobs. Financing, provided by a governmental funded revolving loan fund, is intended to provide assistance to individuals & businesses that aren't able to obtain affordable, adequate, or appropriate financing from other conventional sources. The primary requirement for assistance is the recipient provides for new job creation and/or retention of existing jobs.
Financials
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $1.7M | $0 | $4.3M |
| 2023 | $134k | $0 | $2.9M |
Compensation
2024
2023
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Learn more
Data from IRS Form 990 filings (2023-2024).