Alerus Financial is a firm that provides fiduciary trustee, investment management, administrative support, financial advisor, and tax accounting to nonprofit clients. They primarily provide their services regionally, with most clients in North Dakota, Minnesota, Ohio, and West Virginia (although they are present in other states as well).
Most Alerus Financial clients are hospitals, outpatient health care practitioners and facilities, health and welfare funds, and colleges, universities, and professional schools with revenues ranging from $11 million to $84 million.
| Name | Type | Location | |||
|---|---|---|---|---|---|
| 1 | Mitchell Hamline School of Law | 501(c)(3) | Saint Paul, MN | ||
| 2 | California Western School of Law (CWSL) | 501(c)(3) | San Diego, CA | ||
| 3 | Altru Health System | 501(c)(3) | Grand Forks, ND | ||
| 4 | Life Management Center of Northwest Florida | 501(c)(3) | Panama City, FL | ||
| 5 | Discovery World | 501(c)(3) | Milwaukee, WI | ||
| 6 | Davis Memorial Hospital | 501(c)(3) | Elkins, WV | ||
| 7 | Northwood Deaconess Health Center (NDHC) | 501(c)(3) | Northwood, ND | ||
| 8 | Community Health Professionals | 501(c)(3) | Van Wert, OH | ||
| 9 | Jewish Family Service of Tidewater | 501(c)(3) | Virginia Beach, VA | ||
| 10 | Minnesota Nurses Association | 501(c)(5) | Saint Paul, MN | ||
| ... | and 6 more Alerus Financial not-for-profit tax-exempt clients identified by Cause IQ | ||||
Competitors to Alerus Financial in the nonprofit sector include Edward Jones, Capfinancial Partners, Charles Schwab Bank, Axa Equitable Life Insurance Compan, Newport Trust Company, Axa Equitable Life Insurance, Lord Abbett, Sei Investments, RBC Wealth Management, and Comerica Bank.
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