Marcy-Holmes Neighborhood Association
- Assets
- $77.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 02/1995
- Data as of
- 12/2021
- EIN
- 41-1615722
Organization Overview
Marcy-Holmes Neighborhood Association is located in Minneapolis, MN. The organization was established in 1995. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marcy-Holmes Neighborhood Association 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, Marcy-Holmes Neighborhood Association generated $135.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.5%) each year. All expenses for the organization totaled $125.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
MHNA EXPANDED ITS E-NEWSLETTER AND SOCIAL MEDIA BASE; SUBSCRIBER RATE FOR MONTHLY NEWSLETTER INCREASED BY 10%. MHNA CONTINUES TO MAINTAIN THE LARGEST SOCIAL MEDIA PRESENCE OF ALL MINNEAPOLIS NEIGHBORHOODS OUR COMBINED FACEBOOK, TWITTER, INSTAGRAM AND NEXTDOOR FOLLOWERS IS OVER 3000. ATTENDANCE AT REGULAR MONTHLY AND IMPROMPTU GATHERINGS HAVE INCREASED THROUGHOUT 2019. MHNA ORGANIZED A MEETING OF 75+ RESIDENTS, PROPERTY AND BUSINESS OWNERS, OVER ISSUES SURROUNDING LATE-NIGHT CRIMINAL ACTIVITY IN THE NEIGHBORHOOD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Secretary | 4 | $0 | |
David Jones Vice President | 4 | $0 | |
John Goebel President | 4 | $0 | |
Barbara Camm Treasurer | 4 | $0 | |
Brian Tang Board Member | 4 | $0 | |
Bill Huntzicker Board Member | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $135,305 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $3 |
| Total Revenue | $135,308 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $65,574 |
| Professional fees and other payments to independent contractors | $18,260 |
| Occupancy, rent, utilities, and maintenance | $4,831 |
| Printing, publications, postage, and shipping | $676 |
| Other expenses | $36,067 |
| Total expenses | $125,408 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $67,590 |
| Other assets | $0 |
| Total assets | $77,525 |
| Total liabilities | $8,697 |
| Net assets or fund balances | $68,828 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Marcy-Holmes Neighborhood Association has recieved totaling $500.
| Awarding Organization | Amount |
|---|---|
Tankenoff Families Foundation Minneapolis, MN PURPOSE: CHARITABLE | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Reinvestment Fund Inc Minneapolis, MN | $272,393,749 | $53,118,127 |
Iec Hotel Corporation West Des Moines, IA | $103,529,195 | $16,531,928 |
Milwaukee Economic Development Corp Milwaukee, WI | $129,937,785 | $4,507,113 |
Black Hawk County Gaming Assoc Waterloo, IA | $18,246,475 | $5,898,126 |
Common Wealth Development Inc Madison, WI | $16,900,042 | $3,774,568 |
Milwaukee Urban Strategic Investment Corp Milwaukee, WI | $23,035,863 | $4,044,506 |
Watertown Development Company Watertown, SD | $26,777,594 | $1,539,881 |
Destination Medical Center Corporation Rochester, MN | $379,838 | $2,053,572 |
Northwest Side Community Development Corporation Milwaukee, WI | $11,140,702 | $4,254,876 |
Northside Economic Opportunity Network Minneapolis, MN | $8,534,205 | $5,326,140 |
Greater Fargo Moorhead Economic Development Corporation Fargo, ND | $1,995,409 | $1,379,514 |
Pottawattamie County Development Corporation Council Bluffs, IA | $7,450,789 | $1,451,387 |