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Organizations Central Minnesota Development Company

Central Minnesota Development Company

Fiscal year ending 2023. Filed on February 16, 2024.

1885 Station Parkway NW
Andover, Minnesota 55304

Central Minnesota Development Company (EIN: 41-1345544) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2023 IRS Form 990 filing, Central Minnesota Development Company, a 501(c)(6) business league, reported compensation for 1 out of 9 total employees. Among the employees shown here, the average compensation is $161,668. The highest compensated employee at Central Minnesota Development Company is Mike Mulrooney with fiscal year 2023 compensation of $161,668.

Revenue, expenses, and employee compensation

Revenue

$1,198,809

Expenses

$967,894

Employee compensation

$759,307
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Mike Mulrooney
Executive Director
$161,668
$161,668 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Chris Randall
Director
Clark Arneson
Director
David Rymanowski
Vice Chair
Erik Hegg
Director
Jerry Teeson
Chair
Joe Peterson
Treasurer
Julie Lux
Secretary
Larry Crane
Director
Marty Fisher
Director
Maureen Steinwall
Director
Steven Kalina
Director

Mission Statement

CMDC IS COMMITTED TO PROMOTING ECONOMIC DEVELOPMENT BY CULTIVATING A FINANCING ENVIRONMENT THAT ALLOWS MINNESOTA SMALL BUSINESSES TO GROW AND PROSPER.

Revisions to this organization profile

February 17, 2025:
2024 Central Minnesota Development Company 990 filed
February 16, 2024:
2023 Central Minnesota Development Company 990 filed
February 1, 2023:
2022 Central Minnesota Development Company 990 filed

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