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 .
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 |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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