Public nonprofit profile

IN NEED OF CAPITAL

ST LOUIS PARK, MN · EIN 85-0492116

What this organization reports

Mission and public details

THIS CORPORATION is ORGANIZED and SHALL BE OPERATED EXCLUSIVELY for CHARITABLE and EDUCATIONAL PURPOSES WITHIN THE MEANING of SECTIONS 170(C) (2) and 501 (C)(3) of THE INTERNAL REVENUE CODE of 1986. WITHIN THE FRAMEWORK and LIMITATIONS of THE FOREGOING, THE SPECIFIC PRIMARY PURPOSE of THIS CORPORATION SHALL BE to PROVIDE FINANCIAL and EDUCATIONAL SUPPORT to INDIVIDUALS WITH ENTREPRENEURIAL VENTURES. AN EXAMPLE is PROVIDING STARTUP FUNDS IN THE FORM of A LOAN to SMALL BUSINESS. THESE FUNDS ARE LENT WITH OUT ANY PERSONAL RECOURSE to THE OWNERS of THE BUSINESS. AS THE BUSINESS SUCCEEDS IT WILL USE ITS PROFITS to PAY BACK THE LOAN and ONCE THE LOAN is PAID IN FULL IT WILL CONTINUE to PROVIDE PR…

Organization
IN NEED OF CAPITAL
EIN
85-0492116
Address
3059 JOPPA AVE S, ST LOUIS PARK, MN, 55416-4458
County
Hennepin
Tax category
Small Business Development
NTEE classification
S43
Organization website
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Public filing snapshot

Financial information at a glance.

These figures reflect the latest values available in CharityEZ’s public record and may not represent the current year.

$471,300reported assets
$25,116reported revenue
$99,787reported expenses
$3,387reported contributions
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Data note: This profile organizes public nonprofit and IRS filing information for general research. It is not legal, tax, financial, or eligibility advice. Confirm current information with the organization and official sources.

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