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Organizations Amplio Economic Development Corporation

Amplio Economic Development Corporation

Fiscal year ending 2023. Filed on May 15, 2024.

3900 Northwoods Drive
Arden Hills, Minnesota 55112

Amplio Economic Development Corporation (EIN: 41-1577185) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2023 IRS Form 990 filing, Amplio Economic Development Corporation, a 501(c)(4) civic league or social welfare organization, reported compensation for 4 employees. Among the employees shown here, the average compensation is $232,284. The highest compensated employee at Amplio Economic Development Corporation is Jonathan Sage-Martinson with fiscal year 2023 compensation of $428,689. Amplio Economic Development Corporation changed its name from Spedco in 2020.

Revenue, expenses, and employee compensation

Revenue

$1,921,360

Expenses

$1,717,946

Employee compensation

$114,527
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Jonathan Sage-Martinson
Chief Executive Officer
$428,689
$390,164 No related comp$38,525
Andy Clausen
Assistant Treasurer
$229,436
$188,180 No related comp$41,256
Chris Kaye
Loan Officer
$148,770
$109,918 No related comp$38,852
Scott Hoeschen
Loan Officer
$122,242
$114,768 No related comp$7,474

Benchmark Employee Compensation

Non-Employee Board Members

Chet Masserano
Director
James Terrell
Chair
Jay Gikas
Director
Jimmy Loyd
Director
Joe Bauer
Director
John Edson
Director
John Fritz
Director
Julie Kimble
Director
Kari Collins
Vice Chair and Director
Kari Schurmann
Director
Kim Storey
Secretary and Treasurer
Mary Stoick
Director

Mission Statement

THIS CORPORATION ELECTS TO BE GOVERNED UNDER THE PROVISIONS OF MINNESOTA STATUTES CHAPTER 317A. AMPLIO ECONOMIC DEVELOPMENT CORPORATION FURTHERS THE ECONOMIC DEVELOPMENT OF THE STATE OF MINNESOTA AND THE ADJOINING ECONOMIC DEVELOPMENT AREA BY ASSISTING THE GROWTH OF SMALL BUSINESSES AND THERBY CONTRIBUTING TO THE ECONOMIC WELL-BEING OF THE AREA. THE CORPORATION IS CERTIFIED AS A CERTIFIED DEVELOPMENT COMPANY BY THE U.S. SMALL BUSINESS ADMINISTRATION.

Revisions to this organization profile

June 5, 2025:
2024 Amplio Economic Development Corporation 990 filed
May 15, 2024:
2023 Amplio Economic Development Corporation 990 filed
May 17, 2023:
2022 Amplio Economic Development Corporation 990 filed

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