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Minnesota · Public charity

Northeast Entrepreneur Fund Inc

The mission of entrepreneur fund is to advance community economic development in rural and underserved communities. We work to achieve this by actively partnering with entrepreneurs to stimulate the growth of successful businesses. Our vision is to have vibrant communities and a diverse regional economy that is created and sustained by…

$553k
Granted FY2024(still arriving)
52
Itemized grants FY2024
32
Organizations funded FY2023
100%
First-time grantees FY2023
Read the full brief
Itemized, FY2024
$491k
The rest is grants the schedule does not break out
Median grant, FY2024
$10,000
Largest grant, FY2024
$14,000
Organizations funded a year
2 to 59
FY2017 to FY2023
States reached, FY2024
6
Total assets, FY2024
$83M

How open it is to new grantees

In FY2023, 100% of the organizations Northeast Entrepreneur Fund Inc funded were first-time grantees, receiving 100% of its grant dollars.

New vs renewed · share of each year

In FY2023, 0% of grant dollars renewed an existing relationship; $486k went to new ones.

50%100%’22’23
RenewedFirst-time
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY2024still arriving52$491k94%
FY202332$486k100%
FY202259$517k100%
FY20172$25kn/a
98% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.

Employment$315kCommunity Improvement$292kHousing & Shelter$292kFood & Nutrition$137kRecreation & Sports$107kHealth$96kHuman Services$89kArts & Culture$76kOther$0

Top grantees

Largest recipients by total granted, FY2017 to FY2024, and the share of each one’s budget the grants supplied at peak.

GranteeTotal grantedYearsShare of their budget
Paladin Properties$195,8141n/a
Lightning Storm Gfx$25,5001n/a
Doll's Day Care$20,0002n/a
Copper Crow Distillery Inc$18,3002n/a
Rkg & G - Rivord Auto$17,3842n/a
Cashmere Hair N Beauty Spa$14,0001n/a
Lakewoods Transportation LLC$14,0001n/a
Taqueria la Monarca LLC$14,0001n/a
The Frybread Shack$13,5001n/a
Farmboyz Mercantile LLC$13,0521n/a
Show all 132 grantees
All grantees of Northeast Entrepreneur Fund Inc by total granted
GranteeTotal grantedYearsShare of their budget
Paladin Properties$195,8141n/a
Lightning Storm Gfx$25,5001n/a
Doll's Day Care$20,0002n/a
Copper Crow Distillery Inc$18,3002n/a
Rkg & G - Rivord Auto$17,3842n/a
Cashmere Hair N Beauty Spa$14,0001n/a
Lakewoods Transportation LLC$14,0001n/a
Taqueria la Monarca LLC$14,0001n/a
The Frybread Shack$13,5001n/a
Farmboyz Mercantile LLC$13,0521n/a
Maysquare$12,2201n/a
Jnjs Up N Up$12,2001n/a
Sheppard Property Management$12,2001n/a
Hudson Square LLC$12,2001n/a
Du Nord Meat Company$12,2001n/a
46 North Environmental LLC$12,2001n/a
Wildwood Haven Resort & Campground LLC$12,2001n/a
Strongman Smokehouse$12,2001n/a
Hibbing Chamber of Commerce$11,6721n/a
Lamppa Manufacturing Inc$10,0001n/a
Home Expressions of Ashland$10,0001n/a
Duluth Cider$10,0001n/a
Center for Autism Awareness and Support$10,0001n/a
Hayward Bait and Bottle Shoppe$10,0001n/a
Hummingbird Cafe LLC$10,0001n/a
Northern Lakes Dental of Grand Rapids$10,0001n/a
Sonder LLC Dba Cafe Sonder$10,0001n/a
Fabric Life LLC$10,0001n/a
Indigenous Birth Services LLC$10,0001n/a
Apostle Islands Rustic Makwa Den$10,0001n/a
Replace-A-Lace LLC$10,0001n/a
Knox Professional Cleaning$10,0001n/a
Marshall Handyman Services$10,0001n/a
Cradle to Crayons Preschool$10,0001n/a
White Buffalo Resort$10,0001n/a
Old School Arts and Learning Center LLC$10,0001n/a
Discovery Horse$10,0001n/a
Lightning Storm Gfx$10,0001n/a
Effie Country Service$10,0001n/a
Momentum Center$10,0001n/a
Thirsty Pagan$10,0001n/a
Strength Factory$10,0001n/a
Gentle Healing Acupuncture LLC$10,0001n/a
Marks Lawn Care$10,0001n/a
Penny Print Studio$10,0001n/a
Detail and Dash$10,0001n/a
200 Rittenhouse Avenue LLC$10,0001n/a
Mama T's Smokin Eats and Drinks$10,0001n/a
Arrow Embroidery of Grand Rapids$10,0001n/a
Nashwauk Market$10,0001n/a
Diggity Dowdle LLC$10,0001n/a
Gather Group$10,0001n/a
Jbn$10,0001n/a
Fivehalls LLC$10,0001n/a
Good Flower Farm$10,0001n/a
Duluth Running Co$10,0001n/a
Custom Marine Canvas and Services$10,0001n/a
Baby's on Broadway$10,0001n/a
Roots Salon$10,0001n/a
Spokengear$10,0001n/a
Master Crunch USA$10,0001n/a
Hen and Oak Hemp Farm$10,0001n/a
T&R Dinky Diner$10,0001n/a
The Vincent Creations$10,0001n/a
Green Home Solutions$10,0001n/a
Lifestone Health Care$10,0001n/a
Birddog$10,0001n/a
Midwest Indigenous$10,0001n/a
Stephanie's This and That$10,0001n/a
Medcycle Solutions$10,0001n/a
Edutechtrek LLC$10,0001n/a
St Croix Works$10,0001n/a
Ricks Auto Body$10,0001n/a
Northern Grounds$10,0001n/a
Whirly Board LLC$10,0001n/a
Ohnstad Therapy Services$10,0001n/a
Mr Larson LLC$10,0001n/a
Snow River Cooperative$10,0001n/a
Superior Living Arts$10,0001n/a
Nelson Oil$10,0001n/a
Luscious Locks$10,0001n/a
Black Eagle Enterprises Inc$9,2601n/a
Grandma's Day Care Center$8,5001n/a
Agjma$8,3001n/a
Aj & Sons Construction$8,3001n/a
Country Boy Detailing LLC$8,3001n/a
Yukon 51$8,3001n/a
Chachos Tacos$8,2501n/a
Diannaz Dreamz$8,2501n/a
Superior Waffles$8,2501n/a
New London Cafe$8,2501n/a
Mama Roots$8,2501n/a
Growing Futures$8,2501n/a
Zen House$8,2501n/a
Love LLC$8,2501n/a
Jamrock Cultural Restaurant$8,2501n/a
Courtney & Leigh Ltd$8,0761n/a
Childs Frame Company LLC$7,9701n/a
Uffda & Ubetcha Antiques$7,5001n/a
Cp Labarge$7,5001n/a
Bopha Sar$7,5001n/a
Wyk$7,5001n/a
144 Music Fashion and More$7,5001n/a
Spriggan Stone$7,5001n/a
Margarita's LLC$7,5001n/a
One Stop Shop Duluth$7,5001n/a
Design Eye Q$7,5001n/a
A&E Homes$7,5001n/a
Back Country Property Services$7,5001n/a
El Oasis del Norte$7,5001n/a
Heaven on Earth Wellness Spa$7,5001n/a
Progressive Pride Properties$7,5001n/a
Superior Treehouses$7,5001n/a
The Local Bar & Grille LLC$7,2001n/a
Cheesecake$5,7501n/a
Ihana$5,7501n/a
Fallout Comics & Games LLC$5,7501n/a
Leiha LLC$5,5001n/a
Harvest Nation$5,5001n/a
Lifeview Glaucoma Center$5,5001n/a
Bali Asian Cuisine$5,5001n/a
Bella Young Aesthetics LLC$5,3261n/a
Adventureus$5,2211n/a
Love Creamery LLC$5,2041n/a
Hayward Mercantile Co LLC$5,2001n/a
Snyper Precision Rods LLC$5,2001n/a
Sisu Builders LLC$5,2001n/a
Swingclear LLC$5,1801n/a
Hammond Landscaping & Excavating LLC$5,1661n/a
Lake Effect Enterprise LLC$5,1601n/a
Priemo Construction LLC$5,1601n/a
Jcc of Superior LLC$5,1551n/a

Plus 10 recipients with no EIN on record ($86k), not named here.

Nonprofits that may fit its grantmaking

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a set of overlaps that mostly run through this funder rather than between each other.

Northland FoundationMN17.6× affinity8 shared granteesties to 0 of 0Hover any node to trace its alignments.Compare side by side →

Open a dossier: Northland Foundation

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

Compare Northeast Entrepreneur Fund Inc with peer funders

About Northeast Entrepreneur Fund Inc

How much does Northeast Entrepreneur Fund Inc give?
Northeast Entrepreneur Fund Inc reported 52 itemized grants totaling $490,734, out of $552,718 in total grant expense reported on the return in its FY2024 IRS filing. It funded between 2 and 59 organizations a year over FY2017 to FY2023.
What does Northeast Entrepreneur Fund Inc fund?
By grant dollars over FY2017 to FY2024, its largest causes are Employment (21%), Community Improvement (19%), Housing & Shelter (19%).
Who are Northeast Entrepreneur Fund Inc's largest grantees?
By total granted over FY2017 to FY2024: Paladin Properties ($196k), Lightning Storm Gfx ($26k), Doll's Day Care ($20k).
Does Northeast Entrepreneur Fund Inc fund new organizations?
In FY2023, 100% of the organizations it funded were first-time grantees.
Which funders back the same organizations as Northeast Entrepreneur Fund Inc?
Its strongest co-funders, measured against what their size predicts, include Northland Foundation.
Where is Northeast Entrepreneur Fund Inc based?
Northeast Entrepreneur Fund Inc is based in MN.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 142 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990 e-file return for fiscal year 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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