Overview

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Est.

2010

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

Town Center Inc is a nonprofit organization dedicated to sustaining, stimulating, and revitalizing economic development and services for the residents of Trimont, Minnesota, and the surrounding area. With an operating budget of $717.1K and total revenue of $748.5K for the 2024 filing year, the organization receives significant funding from sources such as the MINNESOTA COMMUNITY FOUNDATION, ROCHESTER AREA FOUNDATION, and SOUTHERN MINNESOTA INITIATIVE FOUNDATION. Town Center Inc does not rely on a single funder for 50% or more of its revenue.

Mission Statement

To sustain, stimulate, and revitalize economic development and services for the residents of Trimont, Minnesota and the surrounding area.
Revenues
$748.5K
Expenses
$717.1K
Net Income:
+$31.4K
Assets
$515.9K
Liabilities
$486.6K
Net Assets:
+$29.4K
Operating Budget
$717.1K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$20K
Largest grant received
$20K
G
Gerald McGee
Board Member
C
Cory Sin
Board Member
B
Bradley Krusemark
Board Member

Frequently Asked Questions

What is Town Center Inc’s budget?
In 2024, Town Center Inc reported an annual operating budget of around $717 thousand. More detailed financial information is available to registered users.
What causes does Town Center Inc support?
Town Center Inc supports work in Economic development.
Where does Town Center Inc operate?
Town Center Inc is headquartered in Trimont, MN.
Who funded Town Center Inc recently?
In 2016, Town Center Inc received grants from SOUTHERN MINNESOTA INITIATIVE FOUNDATION, MINNESOTA COMMUNITY FOUNDATION, and ROCHESTER AREA FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant Town Center Inc received in 2016?
The largest grant to Town Center Inc in 2016 exceeds $20 thousand.