EIN 41-1577185

Amplio Economic Development Corporation

IRS 501(c) type
501(c)(4)
Num. employees
1
Year formed
1981
Most recent tax filings
2023-12-01
NTEE code, primary
Description
Spedco furthers the economic development of Minnesota and its adjoining areas by assisting small businesses to grow. It achieves this by providing innovative financing resources that foster business growth. Additionally, Spedco's 504 program includes 503/504 loans for furthering the state's economic development, with approximately 43 loans closed in 2019.
Also known as...
Spedco
Total revenues
$1,921,360
2023
Total expenses
$1,717,946
2023
Total assets
$2,373,398
2023
Num. employees
1
2023

Program areas at Amplio Economic Development Corporation

The 504 program includes 503/504 loans for the purpose of furthering the Economic Development for the state of Minnesota. Approximately 38 loans were closed in 2023.

Personnel at Amplio Economic Development Corporation

NameTitleCompensation
Jonathan Sage-MartinsonChief Executive Officer$390,164
Courtney HammondLoan Portfolio Manager
Kim StoreySecretary and Treasurer$0
Wendy EthenDirector and Vice Chair$0
Kari CollinsVice Chair and Director$0
...and 4 more key personnel

Financials for Amplio Economic Development Corporation

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$1,896,491
Investment income and dividends$24,869
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,921,360

Form 990s for Amplio Economic Development Corporation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-15990View PDF
2022-122023-05-17990View PDF
2021-122022-05-13990View PDF
2020-122022-06-07990OView PDF
2020-122022-05-03990View PDF
...and 11 more Form 990s
Data update history
July 17, 2024
Updated personnel
Identified 4 new personnel
July 10, 2024
Posted financials
Added Form 990 for fiscal year 2023
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 7, 2023
Posted financials
Added Form 990 for fiscal year 2022
February 3, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsHeadquarter / parent organizations
Issues
Community improvementEconomic development
Characteristics
State / local level
General information
Address
3900 Northwoods Dr
Arden Hills, MN 55112
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
County
Ramsey County, MN
Website URL
amplioedc.com/ 
Phone
(651) 631-4900
IRS details
EIN
41-1577185
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1981
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S30: Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Central organization
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