Redeemer Center For Life Inc
- Assets
- $2.2m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 40
- Location
- Minneapolis, MN
- Founding
- 09/1999
- Data as of
- 12/2021
- EIN
- 41-1912560
Organization Overview
Redeemer Center For Life Inc is located in Minneapolis, MN. The organization was established in 1999. According to its NTEE Classification (P28) the organization is classified as: Neighborhood Centers, under the broad grouping of Human Services and related organizations. As of 12/2021, Redeemer Center For Life Inc employed 40 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Redeemer Center For Life 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 12/2021, Redeemer Center For Life Inc generated $1.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $1.0m during the year ending 12/2021. While expenses have increased by 7.3% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
RCFL'S MISSION IS TO ACT AS AN AGENT OF HOPE AND TRANSFORMATION TO PRESERVE A VIBRANT COMMUNITY IN THE HARRISON NEIGHBORHOOD & BROADER NORTH MINNEAPOLIS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROPERTY MANAGEMENTRCFL AIMS TO PROVIDE ATTAINABLE HOUSING IN AN AREA OF MINNEAPOLIS WHERE IT IS HIGHLY NEEDED. WE MAINTAIN 26 LIVING UNITS INCLUDING 16 EFFICIENCIES, 7 MULTI-BEDROOM APARTMENTS, AND 1 SINGLE-FAMILY HOUSE. IN 2021, RCFL HOUSED 54 INDIVIDUALS INCLUDING THREE FAMILIES AND SIX CHILDREN. WE MAINTAINED A 100% OCCUPANCY RATE. IN RESPONSE TO COVID-19 UNCERTAINTIES, WE DEVELOPED AN EMERGENCY RENT FUND WITHIN OUR BUDGET TO COVER THE COST OF ANY RENT THAT GOES UNPAID DUE TO LAYOFFS FROM COVID-19.
COMMUNITY STRATEGIESTHE HEALTH COMMONS CONTINUED TO ENGAGE NEIGHBORS IN HOLISTIC WELLNESS, ALTHOUGH THEY DID NOT MEET FOR THEIR USUAL CLASSES DUE TO COVID-19. THE URBAN FARM PROVIDED INDIVIDUAL GARDEN PLOTS AND HOSTED GARDENING DAYS UTILIZING THE PIZZA OVEN FOR SOCIALLY DISTANCED, LOW ATTENDANCE OUTDOOR EVENTS.IN JANUARY 2020, RCFL CONTINUED AN ANNUAL "WINTER EXTRAVAGANZA" WHERE COMMUNITY MEMBERS WERE INVITED TO ENJOY TWO DAYS OF FREE SNOW TUBING, SNOW SHOEING, AND SKIING AT THE LOPPET TRAILHEAD AT THEODORE WIRTH PARK. DURING THE COURSE OF THESE TWO WINTER EVENTS, OVER 300 PEOPLE ATTENDED. RCFL PLANS TO CONTINUE THE ANNUAL EVENT, ALBEIT A SMALLER VERSION IN 2021 DUE TO COVID-19. THEODORE WIRTH PARK IS GEOGRAPHICALLY VERY CLOSE TO REDEEMER, BUT FEW NEIGHBORS GO TO THE PARK AND THE LOPPET TRAILHEAD ESPECIALLY. MAKING THE PARK ACTIVITIES ACCESSIBLE TO NEIGHBORS HELPED MITIGATE THE EFFECTS OF GENTRIFICATION.
VENTURE NORTHVENTURE NORTH BIKE AND COFFEE SHOP CONTINUED TO SERVE THE COMMUNITY DURING THE PANDEMIC AS AN ESSENTIAL SERVICE FOR TRANSPORTATION. $21,000 IN BIKE SALES WERE MADE AND PEOPLE WERE ABLE TO MAKE APPOINTMENTS FOR TUNE-UPS AND TIRE CHANGES BY OUR STAFF. RCFL EMPLOYED TWO PAST STEP UP INTERNS AGAIN THROUGH 2021 AS BARISTA AND BIKE MECHANIC.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Veronica Hawman Executive Director | Officer | 40 | $100,000 |
Gene Yocum CFO COO | Officer | 40 | $33,333 |
Steve Gurney Vice Chair | OfficerTrustee | 5 | $0 |
Carrie Determan Treasurer | OfficerTrustee | 5 | $0 |
Tom Fiebiger Chair | OfficerTrustee | 5 | $0 |
Dawn Johnson Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $736,633 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $736,633 |
| Total Program Service Revenue | $0 |
| Investment income | $66 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $219,806 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $105,511 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $14,449 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,089,061 |
| 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. | $141,034 |
| Compensation of current officers, directors, key employees. | $55,782 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $385,075 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $24,866 |
| Payroll taxes | $37,297 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| 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 | $33,373 |
| Advertising and promotion | $3,738 |
| Office expenses | $26,465 |
| Information technology | $11,267 |
| Royalties | $0 |
| Occupancy | $57,788 |
| Travel | $4,867 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $24,004 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $90,372 |
| Insurance | $22,090 |
| All other expenses | $15,824 |
| Total functional expenses | $1,000,245 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $540,813 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $4,708 |
| 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 | $20,298 |
| Prepaid expenses and deferred charges | $2,758 |
| Net Land, buildings, and equipment | $1,582,129 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,150,706 |
| Accounts payable and accrued expenses | $43,955 |
| Grants payable | $0 |
| Deferred revenue | $3,800 |
| 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 | $423,405 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $19,835 |
| Total liabilities | $490,995 |
| Net assets without donor restrictions | $1,577,018 |
| Net assets with donor restrictions | $82,693 |
| 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 | $2,150,706 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Redeemer Center For Life Inc has recieved totaling $128,272.
| Awarding Organization | Amount |
|---|---|
Minneapolis Foundation Minneapolis, MN PURPOSE: DONOR-RECOMMENDED, COMMUNITY & ECONOMIC DEVELOPMENT | $60,500 |
Target Foundation Minneapolis, MN PURPOSE: RACIAL EQUITY | $25,000 |
K A H R Foundation Minnetrista, MN PURPOSE: JOB/INDEPENDENCE PROGRAMS | $25,000 |
Still Aint Satisfied A Foundation With Attitude Minneapolis, MN PURPOSE: GENERAL OPERATING | $8,000 |
Mightycause Charitable Foundation Marianna, FL PURPOSE: UNRESTRICTED | $5,546 |
Noel And Judith Fedje Foundation Fargo, ND PURPOSE: SUPPORT NONPROFIT PURPOSE | $4,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Harry And Rose Samson Family Jewish Community Center Inc Milwaukee, WI | $35,315,699 | $16,004,806 |
Pillsbury United Communities Minneapolis, MN | $18,864,376 | $15,266,660 |
Lakes & Prairies Community Action Partnership Inc Moorhead, MN | $5,391,200 | $11,078,920 |
East Side Neighborhood Service Inc Minneapolis, MN | $7,670,866 | $8,888,574 |
Irwin A And Robert D Goodman Community Center Inc Madison, WI | $24,842,387 | $10,176,996 |
Childrens Outing Assn Milwaukee, WI | $15,302,418 | $8,063,882 |
Moravian Homes Inc Watertown, WI | $28,063,603 | $3,247,158 |
Cornerstone Rescue Mission Rapid City, SD | $5,907,106 | $4,930,916 |
Family Wellness Llc Fargo, ND | $11,933,001 | $3,522,723 |
Minnesota Jewish Community Center Foundation St Paul, MN | $41,644,473 | $3,473,311 |
Neighborhood Centers Of Johnson County Iowa City, IA | $3,099,407 | $3,074,112 |
Middleton Outreach Ministry Inc Middleton, WI | $3,987,420 | $3,264,135 |