HUGO BUSINESS ASSOCIATION

The Hugo Business Association is a nonprofit organization classified as a 501(c)(6) Board of Trade. It operates in Hugo, Minnesota, with the mission of promoting and supporting local businesses, fostering collaboration, education, and community engagement.

Purpose and Activities

• Promotion: The association actively promotes local businesses and attractions, using both digital and traditional approaches to highlight Hugo's community assets.
• Collaboration: By creating a network of businesses, the HBA facilitates partnerships and cooperation among its members, enhancing the overall business environment in the area.
• Education: The organization supports educational initiatives that benefit its member businesses and the broader community.
• Community Events: The HBA organizes and participates in various community events, such as the Kidz n Biz event, which aims to involve and engage the community in business activities.

Financial Overview

Historically, the organization has managed with modest finances. In 2012, it reported revenue of $14.5 thousand and expenses of $14.3 thousand, with total assets valued at $28 thousand and no liabilities[3].

Membership Benefits

Membership in the Hugo Business Association offers a range of benefits, including promotional opportunities, collaboration among members, educational resources, and participation in community events. The association emphasizes giving back to the community and supporting ethical business practices.

Impact on the Community

The HBA's activities contribute to the economic and social vitality of Hugo, promoting a sustainable business environment that supports local growth and community development.

[1] https://admin.docu.team/welcome.php?association=419 [2] https://www.hugobusinesses.biz [3] https://projects.propublica.org/nonprofits/organizations/10563196 [4] https://www.charitynavigator.org/ein/010563196 [5] https://www.hugobusinesses.biz/benefits-of-membership