Downtown Minneapolis Neighborhood Association Inc
- Assets
- $95.8k
- Revenue
- $249.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 03/1996
- Data as of
- 12/2022
- EIN
- 41-1824933
Organization Overview
Downtown Minneapolis Neighborhood Association Inc is located in Minneapolis, MN. The organization was established in 1996. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, 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. Downtown Minneapolis Neighborhood Association Inc 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 12/2022, Downtown Minneapolis Neighborhood Association Inc generated $249.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $173.1k during the year ending 12/2022. 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
NEIGHBOORHOD REVITALIZATION AND DEVELOPMENT
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTE NEIGHBORHOOD REVITALIZATION INCLUDING REVIEWING 25 LAND USE APPLICATIONS, SPONSORED 2 NATIONAL NIGHT OUT EVENTS, HOSTED YOGA IN THE PARK ON SIX DATES, SPONSORED 25 MILL CITY FARMERS MARKETS, ENGAGED 25 PEOPLE TRANSITIONING OUT OF HOMELESSNESS IN A BI-WEEKLY FITNESS PROGRAM, HAD 125 PEOPLE ATTEND AN ANNUAL MEETING IN OCTOBER, ENGAGED AT LEAST 25 PEOPLE IN MONTHLY COMMITTEE MEETINGS, AND DISTRIBUTED A MONTHLY NEWSLETTER VIA EMAIL TO 888 PEOPLE
MINNESOTA HISTORICAL SOCIETY GRANT USED TO REHABILITATE THE EXISTING HISTORIC SIGN ON THE ROOF OF THE NORTH STAR LOFTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carletta Sweet Secretary | OfficerTrustee | 2 | $0 |
Pam Mcgrea Chair | OfficerTrustee | 2 | $0 |
Andy Gittleman President | OfficerTrustee | 2 | $0 |
Dianne Walsh Treasurer | OfficerTrustee | 2 | $0 |
Joe Tamburino Board Member | OfficerTrustee | 2 | $0 |
Abby Larson Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $249,571 |
| All other contributions, gifts, grants, and similar amounts not included above | $64 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $249,635 |
| Total Program Service Revenue | $0 |
| 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 | $249,635 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $7,390 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $43,786 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $56 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $42,000 |
| Advertising and promotion | $0 |
| Office expenses | $320 |
| Information technology | $1,074 |
| Royalties | $0 |
| Occupancy | $126 |
| 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 | $0 |
| Insurance | $1,999 |
| All other expenses | $40,988 |
| Total functional expenses | $173,110 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $95,801 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $95,801 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $95,801 |
| 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 | $95,801 |
Grants Awarded
Over the last fiscal year, Downtown Minneapolis Neighborhood Association Inc has awarded $195,361 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Saint Paul, MN PURPOSE: Historic sign rehab | $170,440 |
SWERVO PURPOSE: Lighting for neighborhood building | $18,245 |
PEOPLE SERVING PEOPLE PURPOSE: Security cameras for neighborod | $6,676 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Downtown Minneapolis Neighborhood Association Inc has recieved totaling $49,400.
| Awarding Organization | Amount |
|---|---|
Minnesota Historical Society Saint Paul, MN PURPOSE: Legacy grant to repair the North Star Blankets sign on the Historic North Star Woolen Mill, listed on the National Register. | $49,400 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hunger Task Force Inc Milwaukee, WI | $33,494,491 | $39,896,159 |
On With Life Inc Ankeny, IA | $19,447,887 | $18,186,855 |
International Association Of Lions Clubs Fridley, MN | $197,690 | $14,146,394 |
Options In Community Living Inc Madison, WI | $7,666,427 | $12,922,524 |
Center City Housing Corporation Duluth, MN | $35,739,418 | $8,813,039 |
Access North Center For Independent Living Of Northeastern Minnesota Hibbing, MN | $4,421,937 | $7,763,537 |
Rural Office Of Community Services Wagner, SD | $1,371,627 | $8,326,343 |
Community Action Partnership Of Hennepin County St Louis Park, MN | $782,204 | $7,196,325 |
Headwaters Foundation For Justice Minneapolis, MN | $27,986,426 | $15,004,954 |
Species360 Minneapolis, MN | $9,065,398 | $6,225,506 |
Zinzendorf Hall Inc Watertown, WI | $13,448,322 | $5,812,562 |
Ne South Dakota Community Action Program Inc Sisseton, SD | $10,163,579 | $4,453,271 |