Financial Information for Southeastern Minnesota 504 Development INC

Southeastern Minnesota 504 Development INC's annual revenue was $1.1M in tax year 2024, reported on their IRS Form 990. They spent $578K in total expenses. 86% went to programs and services.

Financial Breakdown

What is Southeastern Minnesota 504 Development INC's total annual expenses?

Southeastern Minnesota 504 Development INC spent $578K in tax year 2024, according to their IRS Form 990 filing.

How much of Southeastern Minnesota 504 Development INC's budget goes to programs?

Southeastern Minnesota 504 Development INC spent $498K (86% of expenses) on programs and services in tax year 2024.

How much does Southeastern Minnesota 504 Development INC spend on overhead?

Southeastern Minnesota 504 Development INC's overhead in tax year 2024 includes administrative (14%) and fundraising (0%) of their expenses.

What is Southeastern Minnesota 504 Development INC's net worth?

Southeastern Minnesota 504 Development INC had net assets of $1.9M as of the end of tax year 2024.

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All figures are reported on the organization's IRS Form 990 filing and are public record. Revenue and expense data come from Form 990 Part I, and asset data comes from the balance sheet section. These are filed amounts as reported by the organization.