Nokomis East Neighborhood Association
- Assets
- $243.0k
- Revenue
- $232.8k
- Investments
- $0.0
- Employees
- 4
- Location
- Minneapolis, MN
- Founding
- 07/1997
- Data as of
- 12/2023
- EIN
- 41-1824990
Organization Overview
Nokomis East Neighborhood Association is located in Minneapolis, MN. The organization was established in 1997. According to its NTEE Classification (I21) the organization is classified as: Youth Violence Prevention, under the broad grouping of Crime & Legal-Related and related organizations. As of 12/2023, Nokomis East Neighborhood Association employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nokomis East 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 12/2023, Nokomis East Neighborhood Association generated $232.8k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $185.5k during the year ending 12/2023. 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
NEIGHBORHOOD REVITALIZATION AND COMMUNITY ENGAGEMENT NENAS MISSION IS TO BETTER THE QUALITY OF LIFE AND BUILD A SENSE OF COMMUNITY PRIDE BY SPONSORING ACTIONS WHICH HELP OUR ENVIRONMENT, BUSINESSES AND HOMES. NENA INVESTS IN NEIGHBORHOOD IMPROVEMENT, BUILDS COMMUNITY CONNECTIONS, ENCOURAGES CITIZEN PARTICIPATION AND ADVOCATES FOR THE INTERESTS OF THE NOKOMIS EAST NEIGHBORHOODS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAMMING FOR 2022 INCLUDED THE SUCCESSFUL COMPLETION OF 4 MAJOR FREE COMMUNITY EVENTS ONE OF WHICH SAW UP TO 10,000 ATTENDEES (MONARCH FESTIVAL), THE CONVENING OF 11 REGULAR BOARD MEETINGS AS WELL AS 6 SPECIAL COMMITTEE MEETINGS ALL OPEN TO THE PUBLIC, THE ESTABLISHMENT OF A NEW SITE FOR OUR GIVING GARDEN WHICH PRODUCES FOOD FOR LOCAL FOOD SHELVES, THE CONTINUATION OF OUR PARTNERSHIP TO PROVIDE SUPPORT FOR FOR THE CROSSTOWN/TRINITY LUTHERAN/GOOD IN THE HOOD NOKOMIS EAST FOOD SHELF, THE FACILITATION OF OUR ANNUAL STATE OF THE NEIGHBORHOOD WHICH PROVIDES ACCESS TO COMMUNITY RESIDENTS TO THEIR ELECTED OFFICIALS, AND AN ANNUAL MEETING WHICH PROVIDED A FREE COMMUNITY MEAL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mia Beste Chair | OfficerTrustee | 6 | $0 |
Christina Meyer Vice Chair | OfficerTrustee | 6 | $0 |
Lisa Dahle Treasurer | OfficerTrustee | 6 | $0 |
Becky Back Secretary | OfficerTrustee | 6 | $0 |
Daniel Gilchrist Board Member | Trustee | 4 | $0 |
Sheila O'dougherty Board Member | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $200,687 |
| All other contributions, gifts, grants, and similar amounts not included above | $28,219 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $228,906 |
| Total Program Service Revenue | $3,899 |
| 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 | $232,805 |
| 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. | $62,864 |
| Compensation of current officers, directors, key employees. | $9,430 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $69,090 |
| Pension plan accruals and contributions | $2,543 |
| Other employee benefits | $15,074 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,808 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,764 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $2,310 |
| Royalties | $0 |
| Occupancy | $6,720 |
| 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 | $1,845 |
| All other expenses | $0 |
| Total functional expenses | $185,452 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $167,979 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $74,990 |
| 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 | $242,969 |
| Accounts payable and accrued expenses | $10,004 |
| 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 | $10,004 |
| Net assets without donor restrictions | $232,965 |
| 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 | $242,969 |