International Institute Of Minnesota
- Assets
- $18.2m
- Revenue
- $7.8m
- Investments
- $2.3m
- Employees
- 99
- Location
- St Paul, MN
- Founding
- 08/1945
- Data as of
- 09/2023
- EIN
- 41-0693912
Organization Overview
International Institute Of Minnesota is located in St Paul, MN. The organization was established in 1945. According to its NTEE Classification (P84) the organization is classified as: Ethnic & Immigrant Centers, under the broad grouping of Human Services and related organizations. As of 09/2023, International Institute Of Minnesota employed 99 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Institute Of Minnesota 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 09/2023, International Institute Of Minnesota generated $7.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $8.7m during the year ending 09/2023. While expenses have increased by 11.6% per year over the past 6 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
HELPING NEW AMERICANS ACHIEVE SELF-SUFFICIENCY AND FULL MEMBERSHIP IN AMERICAN LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION: THE INSTITUTE'S CAREER PATHWAY WORKFORCE DEVELOPMENT PROGRAMS SERVE AS A MODEL FOR WORKFORCE DEVELOPMENT NATIONALLY. THEY REACH STUDENTS WITH A RANGE OF ENGLIGH PROFICIENCY SO THEY CAN DEVELOP THEIR SKILLS AND STRENGTHS, ADVANCE THEIR CAREERS AND INCREASE THEIR EARNING POTENTIAL. COLLEGE READINESS ACADEMY PREPARES ENGLISH LANGUAGELEARNERS FOR SUCCESS IN COLLEGE WITH INTENSIVE ACADEMIC SKILLS AND COLLEGE NAVIGATION SERVICES. IN COLLABORATION WITH EMPLOYER PARTNERS, THE INSTITUTE PROVIDES CAREER PATHWAYS IN HEALTHCARE AND HOSPITALITY THAT MATCH THE TALENT OF NEW AMERICANS WITH THE NEEDS OF LOCAL EMPLOYERS. STUDENTS RECEIVE FINANCIAL COACHING.
REFUGEE AND IMMIGRATION SERVICES: WE SEEK TO CREATE A COMMUNITY WHERE REFUGEES AND IMMIGRANTS CAN FIND RESPECT, SUPPORT AND SAFETY. REFUGEE SERVICES MEET BASIC NEEDS INCLUDING HOUSING, EMPLOYMENT, EDUCATION, HEALTHCARE NAVIGATION AND PROVIDE CASE MANAGEMENT SO THAT NEWLY ARRIVED REFUGEES BECOME SELF-SUFFICIENT. HUMANITARIAN PAROLEES, ASYLEES, UNACCOMPANIED CHILDREN AND FOREIGN-BORN SURVIVORS OF HUMAN TRAFFICKING ALSO RECEIVE SERVICES. THE INSTITUTE'S IMMIGRATION SERVICES TEAM OFFERS SECURITY AND STABILTYFOR REFUGEES, ASYLEES AND IMMIGRANTS WITH CITIZENSHIP, LAWFUL PERMANENT RESIDENCY, EMPLOYMENT AUTHORIZATION, FAMILY REUNIFICATION, REPLACEMENT OF DOCUMENTS AND OTHER IMMIGRATION LEGAL SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Blessing Osibodu Director | Trustee | 1 | $0 |
Cassie Bean Director | Trustee | 1 | $0 |
Charles Horwitz Director | Trustee | 1 | $0 |
Elaine Olson Vice President | OfficerTrustee | 1 | $0 |
Jeff Mandel Director | Trustee | 1 | $0 |
Jon Justin Secretary | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Marco Technologies It Services | 9/29/22 | $315,054 |
Guaranty Title Title Company For New Building | 9/29/22 | $5,615,003 |
Diverge Finance Cooperative Finance And Accounting | 9/29/22 | $110,600 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $219,999 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $5,646,616 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,609,773 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,476,388 |
| Total Program Service Revenue | $212,675 |
| Investment income | $77,448 |
| 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 | $7,793,871 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $439,036 |
| Compensation of current officers, directors, key employees. | $71,223 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,025,007 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $340,597 |
| Payroll taxes | $360,957 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,789 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $678,269 |
| Advertising and promotion | $20,343 |
| Office expenses | $18,509 |
| Information technology | $141,894 |
| Royalties | $0 |
| Occupancy | $91,079 |
| Travel | $64,807 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,902 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $322,411 |
| Insurance | $37,082 |
| All other expenses | $106,604 |
| Total functional expenses | $8,686,576 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,810,115 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $232,500 |
| Accounts receivable, net | $1,528,280 |
| 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 | $35,664 |
| Net Land, buildings, and equipment | $12,245,635 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $2,325,561 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $66,341 |
| Total assets | $18,244,096 |
| Accounts payable and accrued expenses | $297,019 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $750,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,047,019 |
| Net assets without donor restrictions | $14,936,634 |
| Net assets with donor restrictions | $2,260,443 |
| 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 | $18,244,096 |