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Minnesota · Nonprofit

VADNAIS HEIGHTS ECONOMIC DEVELOPMENT CORPORATION

VADNAIS HEIGHTS ECONOMIC DEVELOPMENT CORPORATION (Minnesota) receives grants from 1 organization whose IRS filings report $10,000 to it, the largest being METROPOLITAN CONSORTIUM OF COMMUNITY DEVELOPERS ($10,000). 0 of them have funded it in more than one year.

Revenue FY2024
$128k
Funders on record
1
Grants received
$10k
Net assets
$105k
0/1 repeat funderspeak grant-dependency 6%
01What it does

What Vadnais Heights Economic Development Corporation does

Mission

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.

As stated on its FY2024 Form 990.

Program

  1. The vhedc is a private, non-profit organization established to further economic development in the city of vadnais heights and the northeast metro area. Unlike most economic development agencies, the vhedc is independent of any governmental entity. The vhedc is comprised of local business leaders who are focused on creating new job opportunities retaining existing jobs, and expanding the tax base of our area. Businesses invest in the organization both with their financial commitment as well as service committees.

    $106,522 spent$46,455 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $106,522.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($157k) Expenses 100 ($154k) Net assets 100 ($104k)2018 Revenue 110 ($173k) Expenses 129 ($198k) Net assets 75 ($78k)2019 Revenue 87 ($136k) Expenses 108 ($165k) Net assets 47 ($49k)2020 Revenue 59 ($94k) Expenses 60 ($92k) Net assets 48 ($50k)2021 Revenue 98 ($155k) Expenses 91 ($139k) Net assets 64 ($66k)2022 Revenue 72 ($113k) Expenses 61 ($93k) Net assets 82 ($86k)2023 Revenue 67 ($106k) Expenses 67 ($103k) Net assets 85 ($89k)2024 Revenue 82 ($128k) Expenses 73 ($112k) Net assets 101 ($105k)
'17'18'19'20'21'22'23'24
Revenue (82)Expenses (73)Net assets (101)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2018 to 2019, from $78k to $49k (−37%).

$104k
$78k
$49k
$50k
$66k
$86k
$89k
$105k
'17'18'19'20'21'22'23'24
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.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2019 16% · 2020 49% · 2021 66% · 2022 36% · 2023 38% · 2024 47%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.

$4k
’17
−$26k
’18
−$29k
’19
$1k
’20
$16k
’21
$19k
’22
$3k
’23
$17k
’24
11
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.

'17'18'19'20'21'22'23'24
Listed2124262321212120
Joined·+7+4+2+3+3+4+0
No longer listed·4255341
03Who funds it

Who funds it, year by year

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

Funder
'21
total
funders
1

From the IRS filings of VADNAIS HEIGHTS ECONOMIC DEVELOPMENT 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

100% of VADNAIS HEIGHTS ECONOMIC DEVELOPMENT CORPORATION's grant income comes from Minnesota funders.

MN

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

Organizations like VADNAIS HEIGHTS ECONOMIC DEVELOPMENT 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

95% of spending goes to programs.

Program 95%Management 5%Fundraising 0%

Governance

19
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990–Audited financials

Screen this organization

A dated, signed PDF of the compliance screen for VADNAIS HEIGHTS ECONOMIC DEVELOPMENT 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 VADNAIS HEIGHTS ECONOMIC DEVELOPMENT CORPORATION?
VADNAIS HEIGHTS ECONOMIC DEVELOPMENT CORPORATION (Minnesota) receives grants from 1 organization whose IRS filings report $10,000 to it, the largest being METROPOLITAN CONSORTIUM OF COMMUNITY DEVELOPERS ($10,000). 0 of them have funded it in more than one year.
How many funders does VADNAIS HEIGHTS ECONOMIC DEVELOPMENT CORPORATION have?
IRS filings report 1 organization giving $10,000 in grants to VADNAIS HEIGHTS ECONOMIC DEVELOPMENT CORPORATION.
Who is the largest funder of VADNAIS HEIGHTS ECONOMIC DEVELOPMENT CORPORATION?
METROPOLITAN CONSORTIUM OF COMMUNITY DEVELOPERS is the largest funder on record, with $10,000 in grants. The full list of funders is on this page.
How can an organization like VADNAIS HEIGHTS ECONOMIC DEVELOPMENT 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.

Play a game about who funds Vadnais Heights Economic Development →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), 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