MIDWEST MINNESOTA COMMUNITY DEVELOPMENT CORPORATION
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$105,429,607
Receivables (Non-Related)
53%
Cash & Equivalents
27%
Investments
11%
Property, Plant, & Equipment (net)
6%
Other Assets
3%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$20,896,441
Deferred Revenue
74%
Notes Payable / Debt (Non-Related)
17%
Payables & Accruals
9%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$13,174,528
$28,571,363
+117%
Receivables (Non-Related)
$50,511,429
$55,846,689
+11%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$31,763
$59,819
+88%
Investments
$8,817,215
$11,452,437
+30%
Property, Plant, & Equipment (net)
$5,597,113
$5,915,265
+6%
Other Assets
$3,218,392
$3,584,034
+11%
Total Assets
$81,350,440
$105,429,607
+30%
Liabilities
2023
2024
Change
Payables & Accruals
$1,768,377
$1,905,046
+8%
Grants Payable
-
-
-
Deferred Revenue
$708,063
$15,413,480
+2077%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$3,020,987
$3,577,915
+18%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$5,497,427
$20,896,441
+280%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$75,853,013
$84,533,166
+11%
Net assets
2023
2024
Change
Net assets
+$75,853,013
+$84,533,166
+11%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)