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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Community Improvement & Capacity Building Midwest Minnesota Community Development Corporation

Midwest Minnesota Community Development Corporation

Fiscal year ending 2024. Filed on November 4, 2025.

119 Graystone Plaza Suite 100
Detroit Lakes, Minnesota 56501

Midwest Minnesota Community Development Corporation (EIN: 41-0972298) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Midwest Minnesota Community Development Corporation, a 501(c)(3) charitable organization, reported compensation for 7 out of 44 total employees. Among the employees shown here, the average compensation is $190,442. The highest compensated employee at Midwest Minnesota Community Development Corporation is Julia Nelmark with fiscal year 2024 compensation of $423,587.

Revenue, expenses, and employee compensation

Revenue

$25,316,666

Expenses

$16,636,513

Employee compensation

$3,427,573
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Julia Nelmark
President
$423,587
$358,337 No related comp$65,250
Matthew Nelson
Chief Financial Officer
$178,478
$169,979 No related comp$8,499
Tim Swenson
MGR NEW Market TAX Credit
$161,370
$129,344 No related comp$32,026
Jamie Marks Erickson
Development Officer
$154,728
$127,979 No related comp$26,749
Nicole Kirchner
Vice President, Business Development
$145,509
$130,961 No related comp$14,548
Karen Larson
Vice President, Mortgage Lending
$144,901
$134,649 No related comp$10,252
Laura McKnight
Director of Housing and RE
$124,521
$112,877 No related comp$11,644

Benchmark Employee Compensation

Non-Employee Board Members

Paul Ihle
Director
$12,750
$12,750 No related compNo other comp
Gary Thibert
Chair
$5,750
$5,750 No related compNo other comp
Breanna Adams
Secretary
$5,500
$5,500 No related compNo other comp
Lori Guenther
Vice Chair
$5,500
$5,500 No related compNo other comp
Lisa Weber
Director
$5,000
$5,000 No related compNo other comp
Jim Dagg
Director
$5,000
$5,000 No related compNo other comp
Jeff Haukebo
Treasurer
$5,000
$5,000 No related compNo other comp
Lester Liljedahl
Director
$4,750
$4,750 No related compNo other comp
Monica Hedstrom
Director
$4,500
$4,500 No related compNo other comp
Maria Lindstrom
Director
$4,500
$4,500 No related compNo other comp
Melinda Iverson
Director
$4,500
$4,500 No related compNo other comp
Mark Finstad
Director
$3,750
$3,750 No related compNo other comp

Contractors

Rm Thune LLC
General Contractor
$348,971
Cohn Reznick
Audit Work for Nmtc
$149,120
Network Center Inc.
IT Work
$118,685
Clifton Larson Allen LLP
Audit and Accounting Work
$114,010

Mission Statement

THE MISSION OF MMCDC IS TO ASSIST COMMUNITIES AND INDIVIDUALS ACHIEVE A BETTER QUALITY OF LIFE.

Revisions to this organization profile

November 4, 2025:
2024 Midwest Minnesota Community Development Corporation 990 filed
November 9, 2024:
2023 Midwest Minnesota Community Development Corporation 990 filed
October 27, 2023:
2022 Midwest Minnesota Community Development Corporation 990 filed

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