Organizations Filed Purposes:
TO PROMOTE, DEVELOP, AND ESTABLISH INDUSTRIAL, COMMERCIAL AND OTHER BUSINESSES IN LITTLE FALLS AND MORRISON COUNTY. FUNDS ARE RECEIVED FROM THE U.S. DEPARTMENT OF AGRICULTURE RURAL BUSINESS-COOPERATIVE SERVICE, THE COUNTY, AND THE CITY; AND THEN THESE FUNDS ARE LENT OUT TO BUSINESSES. AS LOANS ARE REPAID TO THE ORGANIZATION, ADDITIONAL LOANS ARE MADE.
ENCOURAGE, PROMOTE, DEVELOP AND ESTABLISH INDUSTRIAL, COMMERCIAL, AND OTHER BUSINESSES IN LITTLE FALLS AND MORRISON COUNTY
CDMC ISSUED FIVE LOANS DURING FISCAL YEAR 2019. LOANS USED TO ASSIST ECONOMIC DEVELOPMENT BY PROVIDING FUNDS FOR WORKING CAPITAL, INVENTORY ACQUISITIONS, AND IMPROVEMENTS AND ADDITIONS TO CAPITAL ASSETS.
THE ORGANIZATION (CDMC) HAS A TOTAL OF 25 LOANS OUTSTANDING WITH INTEREST RATES RANGING FROM 0% TO 6.25%
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 |
|---|
| Carol Anderson | EXECUTIVE DI | 40 | $59,068 |
| Greg Zylka | PRESIDENT | 2 | $0 |
| Julie Zupko | VICE PRESIDE | 2 | $0 |
| Paula Kampa | SECRETARY | 2 | $0 |
| Mo Durheim | TREASURER | 2 | $0 |
| Bob Guck | PAST PRESIDE | 2 | $0 |
| Jon Rademacher | EX-OFFICIO | 1 | $0 |
| Mike Wilson | EX-OFFICIO | 1 | $0 |
| Dave Steinmetz | DIRECTOR | 1 | $0 |
| Susan Prosapio | DIRECTOR | 1 | $0 |
| Mark Gerbi | DIRECTOR | 1 | $0 |
| Curt Smallbrock | DIRECTOR | 1 | $0 |
| Darrell Larsen | DIRECTOR | 1 | $0 |
| Steve Jones | DIRECTOR | 1 | $0 |
| Terri Hoggarth | DIRECTOR | 1 | $0 |
| Travis Fuechtmann | DIRECTOR | 1 | $0 |
| Carol Andres | DIRECTOR | 1 | $0 |
| Linda Burggraff | DIRECTOR | 1 | $0 |
| Tom Scherling | 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-990/201943199349302659_public.xml