Overview

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Est.

1989

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

Northeast Entrepreneur Fund Inc, identified by EIN 36-3566632, is a nonprofit organization dedicated to advancing community economic development in rural and underserved communities. With an operating budget of $13 million and total revenue of $20.6 million for the filing year 2024, the organization is supported by multiple significant funders, none of which contribute 50% or more of its revenue. For more information, visit their website at www.efund.org.

Mission Statement

TO ADVANCE COMMUNITY ECONOMIC DEVELOPMENT IN RURAL AND UNDERSERVED COMMUNITIES.
Revenues
$20.6M
Expenses
$13.6M
Net Income:
+$7M
Assets
$83.4M
Liabilities
$47.3M
Net Assets:
+$36.1M
Operating Budget
$13M
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
2
Median grant size
$4.5M
Largest grant received
$9M
E
Elizabeth Chapman
Board Member
M
Megan Erickson Kellin
Board Member
D
Diane Weber
Board Member

Frequently Asked Questions

What is NORTHEAST ENTREPRENEUR FUND INC’s budget?
In 2024, NORTHEAST ENTREPRENEUR FUND INC reported an annual operating budget of around $13 million. More detailed financial information is available to registered users.
What causes does NORTHEAST ENTREPRENEUR FUND INC support?
NORTHEAST ENTREPRENEUR FUND INC supports work in Business and industry.
Where does NORTHEAST ENTREPRENEUR FUND INC operate?
NORTHEAST ENTREPRENEUR FUND INC is headquartered in Duluth, MN.
Who funded NORTHEAST ENTREPRENEUR FUND INC recently?
In 2024, NORTHEAST ENTREPRENEUR FUND INC received grants from GS DONOR ADVISED PHILANTHROPY FUND FOR WEALTH MANAGEMENT INC, INITIATIVE FOUNDATION, and OTTO BREMER TRUST. More information on this organization’s funders is available to registered users.
What is the largest grant NORTHEAST ENTREPRENEUR FUND INC received in 2024?
The largest grant to NORTHEAST ENTREPRENEUR FUND INC in 2024 exceeds $9 million.
What is NORTHEAST ENTREPRENEUR FUND INC’s reliance on government grants?
NORTHEAST ENTREPRENEUR FUND INC relied on government grants for more than 30% of their total revenue in 2024.