Central Area Neighborhood Development Organization
- Assets
- $238.9k
- Revenue
- $701.2k
- Investments
- $0.0
- Employees
- 8
- Location
- Minneapolis, MN
- Founding
- 12/2004
- Data as of
- 12/2021
- EIN
- 20-1794339
Organization Overview
Central Area Neighborhood Development Organization is located in Minneapolis, MN. The organization was established in 2004. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Central Area Neighborhood Development Organization employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Central Area Neighborhood Development Organization is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Central Area Neighborhood Development Organization generated $701.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.3% each year . All expenses for the organization totaled $714.3k during the year ending 12/2021. While expenses have increased by 19.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
CENTRAL AREA NEIGHBORHOOD DEVELOPMENT ORGANIZATION WORKS TO SUPPORT AND STRENGTHEN THE CENTRAL NEIGHBORHOOD IN THE AREAS OF COMMUNITY BUILDING, ECONOMIC DEVELOPMENT AND HOUSING THOUGH ENGAGED AND INFORMD ACTIONS, FOSTERING A NEIGHBORHOOD WHERE EVERYONE CAN THRIVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2019 CANDO STRENGTHENED CROSS-NEIGHBORHOOD PARTNERSHIPS, INCLUDING WORKING TOGETHER TO PRODUCE A BILINGUAL COMMUNITY NEWSPAPER FOCUSED ON NEIGHBORHOOD STORIES. WE PARTNERED WITH A SMALL COMMUNITY RADIO STATION TO RECORD AND TELL STORIES FROM COMMUNITY MEMBERS. WHEN ANOTHER COMMUNITY ORGANIZATION CLOSED, WE TOOK OVER THEIR YOUTH ORGANIZING PROGRAM, CALLED AGENTS OF CHANGE. WE ORGANIZED AND PARTNERED WITH OTHERS ON COMMUNITY ENGAGEMENT EVENTS INCLUDING THE ANNUAL CENTRAL FAIR, OUR ANNUAL NEIGHBORHOOD MEETING, THE CENTRAL JAMS MUSIC SERIES, SLOW ROLL BIKE RIDES, AND THE SOUTHSIDE BACK IN THE DAY EVENT. OUR PLANT-GROW-SHARE FOOD JUSTICE AND URBAN GARDENING PROGRAM HAD ITS FIFTH SEASON, WORKING WITH 20 LOW-INCOME RESIDENTS/FAMILIES THAT BUILT RAISED GARDEN BEDS, ATTENDED CLASSES, AND GREW VEGETABLES AT THEIR HOMES AND AT OUR COMMUNITY GARDEN. PLANT-GROW-SHARE ALSO GAVE AWAY PRODUCE THROUGH WEEKLY LITTLE FREE FARMERS MARKETS AND HOSTED A COMMUNITY HARVEST FEAST CELEBRATION AT THE END OF ITS SEASON.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carmen Means Executive Director | Officer | 40 | $93,695 |
Maggie Sponsel Chair | OfficerTrustee | 5 | $0 |
John Turnipseed Vice Chair | OfficerTrustee | 5 | $0 |
Tom Fries Treasurer | OfficerTrustee | 5 | $0 |
Brendan Larocque Board Member | Trustee | 5 | $0 |
Meagan Manning Board Member | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $588,836 |
| All other contributions, gifts, grants, and similar amounts not included above | $38,719 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $627,555 |
| Total Program Service Revenue | $72,679 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $701,234 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $320,487 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $25,835 |
| Payroll taxes | $23,888 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,565 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $297,303 |
| Advertising and promotion | $0 |
| Office expenses | $5,746 |
| Information technology | $8,955 |
| Royalties | $0 |
| Occupancy | $7,608 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $231 |
| Insurance | $1,332 |
| All other expenses | $0 |
| Total functional expenses | $714,322 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $190,954 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $45,354 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $538 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,071 |
| Total assets | $238,917 |
| Accounts payable and accrued expenses | $12,713 |
| Grants payable | $0 |
| Deferred revenue | $76,362 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $89,075 |
| Net assets without donor restrictions | $111,774 |
| Net assets with donor restrictions | $38,068 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $238,917 |
Grants Awarded
Over the last fiscal year, Central Area Neighborhood Development Organization has awarded $14,105 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Minneapolis, MN PURPOSE: Facade improvement | $7,611 |
SMOKE IN THE PIT PURPOSE: Facade improvement | $6,494 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Central Area Neighborhood Development Organization has recieved totaling $50.
| Awarding Organization | Amount |
|---|---|
Xcel Energy Foundation Minneapolis, MN PURPOSE: MATCHING EMPLOYEE DONATION | $50 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Spire Credit Union Falcon Heights, MN | $1,948,614,361 | $81,305,193 |
Serveminnesota Minneapolis, MN | $9,195,680 | $42,573,491 |
Arrowhead Economic Opportunity Agency Incorporated Virginia, MN | $33,957,216 | $39,136,123 |
Minnesota Valley Action Council Inc Mankato, MN | $12,018,161 | $29,353,976 |
Tri-Valley Opportunity Council Inc Crookston, MN | $15,068,505 | $26,983,244 |
United Community Action Partnership Inc Marshall, MN | $18,347,423 | $25,415,099 |
Des Moines Performing Arts Des Moines, IA | $53,428,793 | $29,638,099 |
Community Action Of Eastern Iowa Davenport, IA | $4,145,446 | $19,807,458 |
Mahube-Otwa Community Action Partnership Inc Detroit Lakes, MN | $6,691,451 | $20,228,935 |
Upper Des Moines Opportunity Inc Graettinger, IA | $5,376,639 | $17,208,548 |
Community Action Agency Of Siouxland Sioux City, IA | $5,735,581 | $15,017,682 |
Mid-Iowa Community Action -Mica- Incorporated Marshalltown, IA | $3,849,705 | $14,587,976 |