Overview

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Est.

1984

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The Vadnais Heights Economic Development Corporation (EIN: 41-1524569) is a nonprofit organization dedicated to enhancing economic development in Vadnais Heights and the surrounding areas. With an operating budget of $111.8K and total revenue of $128.4K for the 2024 filing year, the organization focuses on the attraction, retention, and expansion of existing businesses and industries. Notably, it appears to rely on a single funder, which contributes significantly to its revenue. For more information, visit www.vhedc.com.

Mission Statement

OUR MISSION IS TO ENHANCE ECONOMIC DEVELOPMENT IN THE CITY OF VADNAIS HEIGHTS AND THE SURROUNDING AREAS THROUGH THE ATTRACTION, RETENTION, AND EXPANSION OF EXISTING BUSINESSES AND INDUSTRIES.
Revenues
$128.4K
Expenses
$111.8K
Net Income:
+$16.5K
Assets
$105.2K
Liabilities
$0
Net Assets:
+$105.2K
Operating Budget
$111.8K
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
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$10K
Largest grant received
$10K
L
Liz Moscatelli
Board Member
W
Wayne Kazmierczak
Board Member
B
Brian Deuel
Board Member

Frequently Asked Questions

What is VADNAIS HEIGHTS ECONOMIC DEVELOPMENT CORPORATION’s budget?
In 2024, VADNAIS HEIGHTS ECONOMIC DEVELOPMENT CORPORATION reported an annual operating budget of around $112 thousand. More detailed financial information is available to registered users.
What causes does VADNAIS HEIGHTS ECONOMIC DEVELOPMENT CORPORATION support?
VADNAIS HEIGHTS ECONOMIC DEVELOPMENT CORPORATION supports work in Economic development.
Where does VADNAIS HEIGHTS ECONOMIC DEVELOPMENT CORPORATION operate?
VADNAIS HEIGHTS ECONOMIC DEVELOPMENT CORPORATION is headquartered in Vadnais Heights, MN.
Who funded VADNAIS HEIGHTS ECONOMIC DEVELOPMENT CORPORATION recently?
In 2021, VADNAIS HEIGHTS ECONOMIC DEVELOPMENT CORPORATION received grants from METROPOLITAN CONSORTIUM OF COMMUNITY DEVELOPERS. More information on this organization’s funders is available to registered users.
What is the largest grant VADNAIS HEIGHTS ECONOMIC DEVELOPMENT CORPORATION received in 2021?
The largest grant to VADNAIS HEIGHTS ECONOMIC DEVELOPMENT CORPORATION in 2021 exceeds $10 thousand.
What is VADNAIS HEIGHTS ECONOMIC DEVELOPMENT CORPORATION’s reliance on government grants?
VADNAIS HEIGHTS ECONOMIC DEVELOPMENT CORPORATION relied on government grants for more than 45% of their total revenue in 2024.