Northcountry Cooperative Foundation

Organization Overview

Northcountry Cooperative Foundation is located in Saint Paul, MN. The organization was established in 2000. According to its NTEE Classification (J30) the organization is classified as: Vocational Rehabilitation, under the broad grouping of Employment and related organizations. As of 12/2021, Northcountry Cooperative Foundation employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northcountry Cooperative Foundation 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, Northcountry Cooperative Foundation generated $885.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $666.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

NCF'S MISSION IS TO "TRANSFORM LIVES AND COMMUNITIES THROUGH COOPERATIVE ENTERPRISE." WE CARRY OUT THIS MISSION BY PROVIDING TECHNICAL ASSISTANCE AND COOPERATIVE EDUCATION TO COOPERATIVE ORGANIZATIONS. FROM OUR INCEPTION, WE HAVE BEEN INNOVATIVE AND ENTREPRENEURIAL, SEEKING OUT CREATIVE, SOCIALLY ORGANIZED APPROACHES TO CHALLENGING PROBLEMS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

WORKED DIRECTLY WITH COMMUNITY GROUPS TO BUILD AND PRESERVE AFFORDABLE, COOPERATIVE HOUSING, BOTH IN AN URBAN AND RURAL SETTING; CONDUCTED RESEARCH THAT SUPPORTS THE CONVERSION AND ONGOING SUSTAINABILITY OF HOUSING TO COOPERATIVE OWNERSHIP; PROVIDED TECHNICAL ASSISTANCE TO VARIOUS COMMUNITY- BASED ECONOMIC DEVELOPMENT INITIATIVES. ORGANIZED AND CONDUCTED TRAINING INSTITUTES FOR HOUSING COOPERATIVES. 2021 ACCOMPLISHMENTS: TECHNICAL ASSISTANCE & CAPACITY BUILDING - NCF PROVIDED ONGOING TECHNICAL ASSISTANCE, CAPACITY BUILDING, AND TRAINING SERVICES TO OVER 80 CO-OP BOARD LEADERS AND STAFF. HELPED THE RESIDENTS OF WOODLAWN TERRACE COOPERATIVE PURCHASE THEIR 53-UNIT MANUFACTURED HOME COMMUNITY IN RICHFIELD, MN, INCLUDING HELPING THE CO-OP SECURE 2.7 MILLION IN DEBT FINANCING AND 1.5 MILLION IN GRANTS. CREATED STORM SHELTER DESIGN PROTOTYPES AND STORMWATER MANAGEMENT DESIGN SOLUTIONS AND COLLABORATED WITH PARTNERS TO BRING LIBRARY SERVICES LIKE ENGLISH LANGUAGE AND COMPUTER LITERACY CLASSES TO SEVERAL CLIENT CO-OPS. HELPED CO-OPS SECURE FUNDS THROUGH FEDERAL ASSISTANCE PROGRAMS LIKE THE PAYCHECK PROTECTION PROGRAM (PPP) AND THE ECONOMIC INJURY DISASTER LOAN (EIDL). CONNECTED CO-OPS WITH STATE COVID RENTAL AID; ASSISTED BOARDS OF DIRECTORS TO MANAGE DELINQUENCIES. HOSTED THE FIFTH ANNUAL COMMON GROUND CONFERENCE, AN EVENT THAT OFFERED MULTIPLE TRAININGS ON TOPICS RANGING FROM EMERGENCY PREPAREDNESS TO FINANCIAL MANAGEMENT. NCF PUBLISHED QUARTERLY EDITIONS OF THE COOPERATOR, OUR TRAINING AND CONTINUING EDUCATION BULLETIN DESIGNED FOR MEMBERS OF OUR CLIENT COOPERATIVES. PROVIDED SUPPORT TO SNOW RIVER, A WORKER-OWNED MANUFACTURING FIRM. IN PARTNERSHIP WITH UNIVERSITY OF WISCONSIN CENTER FOR COOPERATIVES (UWCC) AND COOPERATIVE DEVELOPMENT SERVICES (CDS), NCF HELPED THE CO-OP BUILD THE CAPACITY OF SNOW RIVER'S BOARD OF DIRECTORS, PLAN AND ORGANIZE THE CO-OP'S ANNUAL MEETING, AND PROVIDED ONGOING FINANCIAL OVERSIGHT TO THE BOARD AND MANAGEMENT OF THIS GROWING CO-OP. ASSISTED WITH THE FEASIBILITY AND FORMATION PROCESS OF MORNING BELL COFFEE ROASTERS, A COFFEE SHOP AND PRODUCER LOCATED IN IOWA CITY, IA.


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Board, Officers & Key Employees

Name (title)Compensation
Victoria Clark
Executive Di
$84,586
Sarah Berke
Chair
$0
Bobbie Grubb
Vice Chair
$0
Ryan Allen
Secretary
$0
Pat Streeter
Treasurer
$0
Mar Valdecantos
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $355,270
All other contributions, gifts, grants, and similar amounts not included above$281,518
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$636,788
Total Program Service Revenue$248,589
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 $885,377

Grants Recieved

Over the last fiscal year, we have identified 7 grants that Northcountry Cooperative Foundation has recieved totaling $820,000.

Awarding OrganizationAmount
Mcknight Foundation

Minneapolis, MN

PURPOSE: FOR GENERAL OPERATING SUPPORT, AND TO BUILD A REVOLVING WORKING CAPITAL FUND FOR HOUSING COOPERATIVE CONVERSION

$200,000
Mcknight Foundation

Minneapolis, MN

PURPOSE: FOR GENERAL OPERATING SUPPORT, AND TO BUILD A REVOLVING WORKING CAPITAL FUND FOR HOUSING COOPERATIVE CONVERSION

$200,000
Mcknight Foundation

Minneapolis, MN

PURPOSE: FOR GENERAL OPERATING SUPPORT, AND TO BUILD A REVOLVING WORKING CAPITAL FUND FOR HOUSING COOPERATIVE CONVERSION

$100,000
Mcknight Foundation

Minneapolis, MN

PURPOSE: FOR GENERAL OPERATING SUPPORT, AND TO BUILD A REVOLVING WORKING CAPITAL FUND FOR HOUSING COOPERATIVE CONVERSION

$100,000
Mcknight Foundation

Minneapolis, MN

PURPOSE: FOR GENERAL OPERATING SUPPORT, AND TO BUILD A REVOLVING WORKING CAPITAL FUND FOR HOUSING COOPERATIVE CONVERSION

$100,000
Mcknight Foundation

Minneapolis, MN

PURPOSE: FOR GENERAL OPERATING SUPPORT, AND TO BUILD A REVOLVING WORKING CAPITAL FUND FOR HOUSING COOPERATIVE CONVERSION

$100,000
View Grant Recipient Profile

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