Organizations Filed Purposes:
WE ACTIVELY PARTNER WITH ENTREPRENEURS TO GROW BUSINESSES & CREATE THRIVING COMMUNITIES.
WE PARTNER WITH ENTREPRENEURS TO CREATE THRIVING BUSINESSES & COMMUNITIES WITHIN THE 17 COUNTY SERVICE AREA.
THE NORTHEAST ENTREPRENEUR FUND PROVIDES SMALL BUSINESS SERVICES AND LOANS TO BUSINESS OWNERS AND ASPIRING ENTREPRENEURS IN ITS 17 COUNTY SERVICE AREA OF MINNESOTA AND WISCONSIN. IN 2019, TOTAL PROGRAM COSTS OF $2,460,621 WAS EXPENSED TO PROVIDE SERVICES TO 918 CLIENTS. 263 LOANS WERE DISBURSED TO THOSE CLIENTS TO START, STABILIZE, OR EXPAND THEIR BUSINESSES. A TOTAL OF $13,703,688 IN LOANS WERE APPROVED. A MAJORITY OF THOSE WERE DISBURSED TO LOW-INCOME INDIVIDUALS OR IN LOW-INCOME COMMUNITIES. EF TARGETS AND SERVES UNDERSERVED AND DISADVANTAGED BUSINESS OWNERS AND COMMUNITIES WITH SPECIALIZED SERVICES FOR WOMEN-OWNED BUSINESSES. THE ORGANIZATIONAL EXPENSES, NON-PROGRAM RELATED WERE A TOTAL OF $1,033,976 FOR FUNDRAISING, MANAGEMENT, AND GENERAL COSTS TO SUPPORT THE MISSION AND FUTURE OF THE ORGANIZATION.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Shawn Wellnitz | CHIEF EXECUTIVE OFFICER | 50 | $123,935 |
| Carla Tichy | CHIEF FINANCIAL OFFICER | 50 | $85,658 |
| Diane Weber | BOARD CHAIR | 1 | $0 |
| Robin Rosenbaum | SECRETARY/TREASURER | 1 | $0 |
| David Manion | DIRECTOR | 1 | $0 |
| Chris Deadrick | DIRECTOR | 1 | $0 |
| Megan Erickson Kellin | DIRECTOR | 1 | $0 |
| John Foucault | DIRECTOR | 1 | $0 |
| Michael Holden | DIRECTOR | 1 | $0 |
| Chris Fulton | DIRECTOR | 1 | $0 |
| Jack Ryan | DIRECTOR | 1 | $0 |
| Don Negley | DIRECTOR | 1 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202003089349300035_public.xml