Leadingage Minnesota
- Assets
- $14.2m
- Revenue
- $5.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 04/1985
- Data as of
- 12/2022
- EIN
- 41-1502223
Organization Overview
Leadingage Minnesota is located in Minneapolis, MN. The organization was established in 1985. According to its NTEE Classification (L01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Leadingage Minnesota is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Leadingage Minnesota generated $5.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $4.4m during the year ending 12/2022. While expenses have increased by 0.7% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
LEADINGAGE MINNESOTA IS DRIVEN TO TRANSFORM AND ENHANCE THE EXPERIENCE OF AGING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LEADINGAGE MINNESOTA PROVIDED ITS MEMBERS WITH HUNDREDS OF EDUCATION PROGRAMS REQUIRED TO MAINTAIN PROFESSIONAL CREDENTIALS. THE ORGANIZATION ALSO TRAINED OVER 100 LICENSED ASSISTED LIVING DIRECTORS. THE TYPES OF PROGRAMS DELIVERED WERE CONFERENCES, REGIONAL MEETINGS, CERTIFICATE PROGRAMS, LEADERSHIP TRAINING, WEBINARS, WORKSHOPS, AND ON-DEMAND LEARNING. THE TOPICS COVERED INCLUDE COVID-19 REGULATIONS, WORKFORCE, DEMENTIA CARE, SUPERVISION, LEADERSHIP, MANAGEMENT, REIMBURSEMENT, REGULATORY COMPLIANCE, AND PUBLIC POLICY, AMONG OTHERS.
NETWORKING:THE ORGANIZATION GATHERED MEMBERS TOGETHER THROUGH PROFESSIONAL NETWORKS, DISTRICT MEETINGS, AND OTHER NETWORKING EVENTS TO BUILD RELATIONSHIPS AND SHARE PEER-TO-PEER LEARNING.
ADVOCACY: THE ORGANIZATION PROVIDED INFORMATION TO ELECTED AND APPOINTED OFFICIALS ON A RANGE OF ISSUES IMPACTING OLDER ADULT SERVICES. THIS INCLUDES REGULAR MEETINGS WITH AGENCY STAFF AND REGULATORS. THE ORGANIZATION ALSO PROVIDED TESTIMONY DURING THE STATE LEGISLATIVE SESSION, MONITORED LEGISLATIVE HEARINGS, ADVOCATED FOR CHANGES IN LAWS AND RULES RELATED TO AGING SERVICES, AND TRACKED LEGISLATION OF INTEREST TO MEMBERS.
INFORMATION AND TECHNICAL ASSISTANCE:LEADINGAGE MINNESOTA PUBLISHED A WEEKLY NEWSLETTER AND A WEEKLY UPDATE, REACHING MORE THAN 5000 PEOPLE VIA EMAIL TWICE EACH WEEK. ADDITIONALLY, THE ORGANIZATION HOSTED INTERACTIVE FORUMS CALLED "COACHING ROOMS AND "HUDDLES" EACH WEEK TO PROVIDE INFORMATION AND ASSISTANCE TO MEMBERS. STAFF ALSO PROVIDED HUNDREDS OF HOURS OF ONE-ON-ONE ASSISTANCE TO AN ESTIMATED 600 MEMBER ORGANIZATIONS REGARDING REGULATORY COMPLIANCE, PAYMENT, QUALITY, WORKFORCE, SUREVEYS, MEDIA RELATIONS, AND MORE. LEADINGAGE MINNESOTA ALSO DEVELOPED AND UPDATED MANUALS AND OTHER TECHNICAL RESOURCES TO SUPPORT MEMBERS IN THEIR MISSIONS OF SERVICE TO SENIORS IN MINNESOTA.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kari Thurlow President & CEO | OfficerTrustee | 40 | $192,490 |
Barbara Klick Chair | OfficerTrustee | 1 | $0 |
Jerry Carley Chair-Elect | OfficerTrustee | 1 | $0 |
Nathan Johnson Secretary-Treasurer | OfficerTrustee | 1 | $0 |
Mark R Anderson Immediate Past Chair | OfficerTrustee | 1 | $0 |
Jason Anderson District Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Collective Action Lab Llc Consulting | 12/30/19 | $161,508 |
Rapp Strategies Inc Consulting | 12/30/19 | $114,888 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $40,000 |
| Government grants | $50,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $196,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $286,500 |
| Total Program Service Revenue | $4,763,930 |
| Investment income | $170,091 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $108,896 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $42,606 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,372,647 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $200,000 |
| 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. | $879,267 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,371,424 |
| Pension plan accruals and contributions | $325,799 |
| Other employee benefits | $79,216 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $77,281 |
| Fees for services: Accounting | $19,360 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $68,117 |
| Fees for services: Other | $42,643 |
| Advertising and promotion | $19,131 |
| Office expenses | $119,963 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $132,522 |
| Travel | $43,268 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $292,040 |
| Interest | $495 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $61,581 |
| Insurance | $5,090 |
| All other expenses | $229,668 |
| Total functional expenses | $4,449,122 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,119,179 |
| Savings and temporary cash investments | $731,019 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $533,269 |
| 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 | $107,534 |
| Net Land, buildings, and equipment | $5,530 |
| Investments—publicly traded securities | $9,674,918 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,029,789 |
| Total assets | $14,201,238 |
| Accounts payable and accrued expenses | $348,365 |
| Grants payable | $0 |
| Deferred revenue | $1,589,547 |
| 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 | $640,831 |
| Total liabilities | $2,578,743 |
| Net assets without donor restrictions | $11,622,495 |
| Net assets with donor restrictions | $0 |
| 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 | $14,201,238 |
Grants Awarded
Over the last fiscal year, Leadingage Minnesota has awarded $300,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
LEADINGAGE MINNESOTA FOUNDATION PURPOSE: CHARITABLE DONATION | $250,000 |
LEADINGAGE INC PURPOSE: CASH CONTRIBUTION | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Leadingage Minnesota Minneapolis, MN | $14,201,238 | $5,372,647 |
Home Line Bloomington, MN | $1,286,291 | $1,200,706 |
Inquilinxs Unidxs Por Justicia-United Renters For Justic Minneapolis, MN | $5,149,115 | $3,733,549 |
Wisconsin Housing Alliance Inc Madison, WI | $1,389,263 | $575,828 |
Clinton Ecumenical Housing Inc City Hall Clinton, IA | $1,905,758 | $678,264 |
Winona Sheltering Network Winona, MN | $402,162 | $0 |
Combatting Homelessness And Dependency Inc Green Bay, WI | $53,866 | $91,709 |
Ecumenical Housing Incorporated Dubuque, IA | $0 | $0 |