GROWTH INITIATIVE FUND

As filed

Subsection

03

NTEE code

S40

Classification

1000

Street

51 BROADWAY N STE 500

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Other organizations at this address

1 other organization in the IRS Business Master File lists the same street address. matched by us

This address is a suite or unit (STE 500). Organizations that share one are often clients of the same office-services firm, accountant or registered agent rather than related to each other.

We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.

• GREATER FARGO MOORHEAD ECONOMIC DEVELOPMENT CORPORATION

  EIN 45-6011769

Mission and programs · 2025

• THE PURPOSE OF GROWTH INITIATIVE FUND, INC. (FUND) SHALL BE TO PROMOTE ECONOMIC DEVELOPMENT IN CASS COUNTY, NORTH DAKOTA. THE ORGANIZATION PROVIDES INCENTIVE LOANS TO EXISTING AND OUT-OF-STATE CLENTS LOOKING TO EXPAND OPERATIONS IN CASS COUNTY, ND AREA TO CREATE EMPLOYMENT WITHIN THE COUNTY. THE FUND IS SET UP FOR LOCAL GOVERNMENTS IN ORDER TO BRING PROFESSIONAL ASSISTANCE AND SUPPORT FROM THE PRIVATE SECTOR AND LESSEN THE BURDENS OF GOVERNMENT. THE FUND IS CURRENTLY SERVICING 78 PACE LOANS AND 4 MICROLOANS.

  Expenses $6,782 · Grants $2,500 · Revenue $13,728

As filed on the 2025 return.

Officers and directors · 2025

As listed in Part VII of the 2025 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. Earlier years are each on their own filing page.

Filings

• 2025

  Revenue

  $83,640

  Expenses

  $49,804

  Contributions

  $0

  Grants paid

  $2,500

• 2024

  Revenue

  $735,425

  Expenses

  $67,477

  Contributions

  $650,000

  Grants paid

  $2,500

• 2023

  Revenue

  $73,346

  Expenses

  $59,412

  Contributions

  $0

  Grants paid

  $2,500

• 2022

  Revenue

  $41,280

  Expenses

  $72,293

  Contributions

  $0

  Grants paid

  $2,500

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $49,631

  Expenses

  $33,851

  Assets (EOY)

  $8,422,506

• 2020 · 990

  Revenue

  $61,356

  Expenses

  $32,705

  Assets (EOY)

  $8,406,726

• 2019 · 990

  Revenue

  $83,320

  Expenses

  $43,196

  Assets (EOY)

  $8,378,075

• 2018 · 990

  Revenue

  $81,899

  Expenses

  $60,104

  Assets (EOY)

  $8,337,951

• 2017 · 990

  Revenue

  $60,482

  Expenses

  $37,868

  Assets (EOY)

  $8,316,156

• 2016 · 990

  Revenue

  $51,346

  Expenses

  $13,583

  Assets (EOY)

  $8,294,042

• 2015 · 990

  Revenue

  $105,890

  Expenses

  $74,600

  Assets (EOY)

  $8,255,779

• 2014 · 990

  Revenue

  $41,136

  Expenses

  $65,891

  Assets (EOY)

  $8,224,489

• 2013 · 990

  Revenue

  $21,687

  Expenses

  $44,038

  Assets (EOY)

  $8,249,244

• 2012 · 990

  Revenue

  — not reported

  Expenses

  $36,433

  Assets (EOY)

  $8,271,595

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Other IRS files