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Minnesota · Nonprofit

NORTHWEST MINNESOTA COMMUNITY IMPACT CORPORATION

NORTHWEST MINNESOTA COMMUNITY IMPACT CORPORATION (Minnesota) receives grants from 1 organization whose IRS filings report $35,000 to it, the largest being THE SUSAN I MARVIN CHARITABLE TRUST ($35,000). 0 of them have funded it in more than one year.

Revenue FY2025
$312k
Funders on record
1
Grants received
$35k
Net assets
$599k
0/1 repeat funders
01What it does

What Northwest Minnesota Community Impact Corporation does

Mission

The corporation's (cic) purpose is to build better lives by revitalizing communities, empowering individuals, and creating economic opportunities. As a community development organization, the corporation will provide capital solutions to projects that may not otherwise receive support from traditional financial institutions. The corporation will help communities and individuals accomplish goals in underserved areas, by bringing expertise and filling gaps in funding.

As stated on its FY2025 Form 990.

Program

  1. In 2025, nmcic operations increased to oversee 6 loans to businesses. We have received conditional approval of our cdfi certification, pending receipt of the official agreement from the cdfi fund, a department of the u.s. Treasury.

    $101,958 spent$5,824 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $101,958.

02The organization over time

The organization over time

Each line starts at 100 in 2024, so what you read is the shape rather than the size: 150 means half as much again as 2024, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20242024 Revenue 100 ($9k) Expenses 100 ($84k) Net assets 100 ($389k)2025 Revenue 3388 ($312k) Expenses 122 ($102k) Net assets 154 ($599k)
20242025
Revenue (3388)Expenses (122)Net assets (154)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $505k to $801k (+58%).

$505k
$801k
20242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2025 96%. Grants only. Government contracts and fees sit inside program revenue.

96% of NORTHWEST MINNESOTA COMMUNITY IMPACT CORPORATION’s revenue is contributions — more donation-reliant than the typical peer (62% for the typical peer).

This organization
Typical peer · 12,439 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 2 reported years ran a deficit.

−$75k
’24
$210k
’25
60
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Jason Carlson

Chair

As listed on its FY2025 Form 990.

20242025
Listed1416
Joined·+3
No longer listed·1
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'25*
total
funders
1

From the IRS filings of NORTHWEST MINNESOTA COMMUNITY IMPACT CORPORATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

NORTHWEST MINNESOTA COMMUNITY IMPACT CORPORATION draws 100% of its grant income from funders outside Minnesota, across 1 state in all.

TX

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

NORTHWEST MINNESOTA COMMUNITY IMPACT CORPORATION runs a healthier operating margin than three-quarters of the 7,175 community improvement nonprofits its size.

Operating margin67% · top quartile
Months of reserve60.3mo · top quartile
Revenue growth (annualized)3288% · outside the comparable range

this organization peer median middle 50% of peers· 7,175 community improvement nonprofits $100k–$1M, FY2025

Government funding NORTHWEST MINNESOTA COMMUNITY IMPACT CORPORATION receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $300k on record.

Federal$300k
grants $300kcontracts $0
Top agencies
  • Department of the Treasury$300k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like NORTHWEST MINNESOTA COMMUNITY IMPACT CORPORATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Minnesota

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

100% of spending goes to programs.

Program 100%Management 0%Fundraising 0%

Governance

12
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

MN

Part of a family of 2 related entities

  • Northwest Minnesota Foundation · exempt
  • North Star Neighbors · exempt

Screen this organization

A dated, signed PDF of the compliance screen for NORTHWEST MINNESOTA COMMUNITY IMPACT CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds NORTHWEST MINNESOTA COMMUNITY IMPACT CORPORATION?
NORTHWEST MINNESOTA COMMUNITY IMPACT CORPORATION (Minnesota) receives grants from 1 organization whose IRS filings report $35,000 to it, the largest being THE SUSAN I MARVIN CHARITABLE TRUST ($35,000). 0 of them have funded it in more than one year.
How many funders does NORTHWEST MINNESOTA COMMUNITY IMPACT CORPORATION have?
IRS filings report 1 organization giving $35,000 in grants to NORTHWEST MINNESOTA COMMUNITY IMPACT CORPORATION.
Who is the largest funder of NORTHWEST MINNESOTA COMMUNITY IMPACT CORPORATION?
THE SUSAN I MARVIN CHARITABLE TRUST is the largest funder on record, with $35,000 in grants. The full list of funders is on this page.
How can an organization like NORTHWEST MINNESOTA COMMUNITY IMPACT CORPORATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Minnesota. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2024–2025), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing