Skip to main content

IN NEED OF CAPITAL

EIN: 85-0492116St Louis Park, MNZIP: 55416
S43 - Community Improvement & Capacity Building501(c)(3)

Mission

THIS CORPORATION IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF SECTIONS 170(C) (2) AND 501 (C)(3) OF THE INTERNAL REVENUE CODE OF 1986. WITHIN THE FRAMEWORK AND LIMITATIONS OF THE FOREGOING, THE SPECIFIC PRIMARY PURPOSE OF THIS CORPORATION SHALL BE TO PROVIDE FINANCIAL AND EDUCATIONAL SUPPORT TO INDIVIDUALS WITH ENTREPRENEURIAL VENTURES. AN EXAMPLE IS PROVIDING STARTUP FUNDS IN THE FORM OF A LOAN TO SMALL BUSINESS. THESE FUNDS ARE LENT WITH OUT ANY PERSONAL RECOURSE TO THE OWNERS OF THE BUSINESS. AS THE BUSINESS SUCCEEDS IT WILL USE ITS PROFITS TO PAY BACK THE LOAN AND ONCE THE LOAN IS PAID IN FULL IT WILL CONTINUE TO PROVIDE PROFITS BACK TO THE NONPROFIT TO HELP SUPPORT OTHER STARTUPS.

Financials

YearRevenueExpensesAssets
2024$29k$0$546k
2023$202k$0$527k

Compensation

2024

MARK SALITERMAN
$0
$0
$0
$0
MICHAEL STRUB
$0
$0
$0
$0

2023

MARK SALITERMAN
$0
$0
$0
$0
MICHAEL STRUB
$0
$0
$0
$0

Similar Organizations

$30k revenue
Similar sector (S)Very similar revenue ($30k vs $29k)Same state (Minnesota)Similar size (7 vs 6 executives)
$28k revenue
Similar sector (S)Very similar revenue ($28k vs $29k)Same state (Minnesota)Similar size (5 vs 6 executives)
$29k revenue
Similar sector (S)Very similar revenue ($29k vs $29k)Same state (Minnesota)
$27k revenue
Similar sector (S)Very similar revenue ($27k vs $29k)Same state (Minnesota)
$29k revenue
Similar sector (S)Very similar revenue ($29k vs $29k)Same state (Minnesota)
$28k revenue
Similar sector (S)Very similar revenue ($28k vs $29k)Same state (Minnesota)
$31k revenue
Similar sector (S)Very similar revenue ($31k vs $29k)Same state (Minnesota)
$29k revenue
Similar sector (S)Very similar revenue ($29k vs $29k)Same state (Minnesota)
$32k revenue
Similar sector (S)Very similar revenue ($32k vs $29k)Same state (Minnesota)
$31k revenue
Similar sector (S)Very similar revenue ($31k vs $29k)Same state (Minnesota)
Data from IRS Form 990 filings (2023-2024).