Midwest Business Finance Corporation
EIN 411846655 · 501(c)(3) · Public charity · Saint Cloud, MN · recognized 1997
- Assets
- $7.2M
- Revenue
- $4.3M
- Expenses
- $3.5M
- Investment income
- $170K
Form 990 fiscal year ended 09/30/2024
Investment managers
Advisory firms linked via Form 990 Part VII independent contractors.
No linked investment managers yet.
Highest-paid contractors
Form 990 Part VII-B, independent contractors paid over $100k.
None reported.
Officers & directors
Form 990 Part VII-A for the latest fiscal year.
| Name | Title | Compensation | Other |
|---|---|---|---|
| Thomas Saehr | Former president & ceo/boa | $351,007 | $29,139 |
| Nadene Kruize | President & ceo | $259,407 | $44,321 |
| Joseph Kammermeier | Vice president business de | $158,090 | $34,208 |
| Terry Stein | Vice president business de | $149,591 | $35,640 |
| Michael Stearns | Vice president business de | $137,757 | $39,224 |
| Jennifer Fitzpatrick | Vice president, loan portf | $113,322 | $30,969 |
| Sarah Borgman | Chief credit officer | $101,919 | $24,087 |
| Maurice Durheim | Chairman | $7,200 | $0 |
| Dale Umlauf | Secretary | $4,800 | $0 |
| Bob Palmquist | Treasurer | $4,800 | $0 |
| Carol Anderson | Vice chair | $4,800 | $0 |
| Dusten Johnson | Board member | $4,800 | $0 |
| James Vrchota | Board member | $3,600 | $0 |
| Nancy Hoffman | Board member | $3,600 | $0 |
| Dan Nygaard | Board member | $3,600 | $0 |
| Mark Schik | Board member | $3,600 | $0 |
| Chad Syltie | Board member | $3,600 | $0 |
| Matthew Dorothy | Board member | $3,600 | $0 |