Amplio Economic Development Corporation
THE ORGANIZATION'S MISSION IS TO PROVIDE INNOVATIVE FINANCING RESOURCES THAT FOSTER BUSINESS GROWTH.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.6M
+8.9% YoY
Revenue
$1.9M
+1.2% YoY
Net Investment Income
$68K
+175.4% YoY
Expenses
$1.7M
-3.1% YoY
About Amplio Economic Development Corporation
Based on IRS filings
Amplio Economic Development Corporation is a nonprofit organization, based in ARDEN HILLS, MN. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $2.6M in total assets. Net investment income was $68K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,583,861 | $2,373,398 | $2,286,785 |
| Revenue | $1,945,185 | $1,921,360 | $1,724,789 |
| Expenses | $1,664,416 | $1,717,946 | $1,776,964 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $68,488 | $24,869 | $8,346 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JONATHAN SAGE-MARTINSON | ASSISTANT SECRETARY/ CEO | 44 | $237,208 |
| JAMES TERRELL | CHAIR/ DIRECTOR | 1 | — |
| KIM STOREY | SECRETARY/ TREASURER | 1 | — |
| JOE BAUER | DIRECTOR | 1 | — |
| RAOUL BOOTON | DIRECTOR | 1 | — |
| WENDY ETHEN | VICE CHAIR/ CHAIR | 1 | — |
| JOHN FRITZ | DIRECTOR | 1 | — |
| CHET MASSERANO | DIRECTOR | 1 | — |
| MICHAEL GAY | DIRECTOR | 1 | — |
| JULIE KIMBLE | DIRECTOR | 1 | — |
| JIMMY LOYD | DIRECTOR | 1 | — |
| MARY STOICK | DIRECTOR/ VICE CHAIR | 1 | — |
| ANDREW SWAMMI | SECRETARY/ TREASURER | 1 | — |
| STEVE ERCHUL | DIRECTOR | 1 | — |
| ANDREW CLAUSEN | ASSISTANT TREASURER | 44 | $180,373 |
| CHRIS KAYE | LOAN OFFICER | 44 | $100,771 |
Frequently Asked Questions
How large is Amplio Economic Development Corporation?
As of 2024, Amplio Economic Development Corporation holds $2.6M in total assets with $1.9M in annual revenue.
Where does Amplio Economic Development Corporation operate?
Amplio Economic Development Corporation has awarded grants in Minnesota.
What is Amplio Economic Development Corporation's EIN?
Amplio Economic Development Corporation's EIN (Employer Identification Number) is 41-1577185. IRS Form 990 filing data is available on this page for 2019–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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