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EIN 41-1458089

Winthrop Opportunities A Local Development Corporation

IRS 501(c) type
501(c)(6)
Num. employees
0
City
Winthrop
State
Minnesota
Year formed
1983
Most recent tax filings
2022-12-01
NTEE code, primary
S31: Urban, Community Economic Development
Description
Winthrop Opportunities A Local Development Corporation promotes civic improvement and economic development in Winthrop and surrounding areas. It achieves this mission through providing loans and donations to businesses, thus enhancing accessibility to goods and services as well as employment opportunities for local citizens. The organization has helped 30 companies in the area.
Total revenues
$10,929
2022
Total expenses
$115,549
2022
Total assets
$397,755
2022
Num. employees
0
2022

Program areas at Winthrop Opportunities A Local Development Corporation

Promotion of commerce and economic Development through loans and donations to businesses. By promoting economic Development all Local citizens benefit due to increased accessibilty of goods and services and through employment Opportunities. There were 30 company & individual members in 2022.

Grants made by Winthrop Opportunities A Local Development Corporation

GranteeGrant descriptionAmount
Allina HealthGift of Clinic Real Estate in Order To Keep Medical Clinic Open and Available To Citizens of Winthrop Area for Medical Care.$0

Personnel at Winthrop Opportunities A Local Development Corporation

NameTitleCompensation
Dave TrebelhornPresident$0
Arlys LindstrandVice President$0
Ellen AndersonSecretary - Treasurer$0
Gary KruggelPast President / President / Director$0
Len BiermannSecretary - Treasurer$0
...and 2 more key personnel

Financials for Winthrop Opportunities A Local Development Corporation

RevenuesFYE 12/2022
Total grants, contributions, etc.$250
Program services$2,200
Investment income and dividends$3,403
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$5,076
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$10,929

Form 990s for Winthrop Opportunities A Local Development Corporation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-05-03990View PDF
2021-122022-05-09990View PDF
2020-122021-06-08990View PDF
2019-122021-06-07990View PDF
2018-122019-06-19990View PDF
...and 9 more Form 990s

Organizations like Winthrop Opportunities A Local Development Corporation

OrganizationLocationRevenue
Greater Alliance Development CorporationAlliance, OH$11,719
Eisenhower Avenue Public-Private PartnershipAlexandria, VA$48,515
Massillon Development FoundationMassillon, OH$37,645
Sigourney Area Development CorporationSigourney, IA$46,488
Durant Development CorporationDurant, IA$29,428
B O O MMansfield, PA$14,828
Cardington Community Improvement CorporationCardington, OH$24,735
The St Louis Local DevelopmentSaint Louis, MO$38,083
Mcallen Eb-5 Regional Center MGMT CorporationMcallen, TX$2,854
Monett Industrial Development CorporationMonett, MO$18,451
Data update history
July 20, 2023
Posted financials
Added Form 990 for fiscal year 2022
May 24, 2023
Updated personnel
Identified 1 new personnel
October 3, 2021
Posted financials
Added Form 990 for fiscal year 2019
September 30, 2020
Posted financials
Added Form 990 for fiscal year 2018
June 25, 2019
Updated personnel
Identified 4 new personnel
Nonprofit Types
Public sector nonprofitsBusiness and community development organizations
Issues
Community improvementEconomic development
Characteristics
MembershipsState / local levelNo full-time employees
General information
Address
PO Box 174
Winthrop, MN 55396
County
Sibley County, MN
Phone
(507) 647-5518
IRS details
EIN
41-1458089
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1983
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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