Neighborhood Recycling Corporation

Organization Overview

Neighborhood Recycling Corporation, operating under the name Eureka Recycling, is located in Minneapolis, MN. The organization was established in 2002. According to its NTEE Classification (C27) the organization is classified as: Recycling, under the broad grouping of Environment and related organizations. As of 12/2021, Eureka Recycling employed 176 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Eureka Recycling 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, Eureka Recycling generated $20.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.3% each year . All expenses for the organization totaled $17.2m during the year ending 12/2021. While expenses have increased by 7.6% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO DEMONSTRATE THAT WASTE IS PREVENTABLE, NOT INEVITABLE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ZERO WASTE POLICY ADVOCACY AND EDUCATION. RESIDENTIAL AND MULTIFAMILY RECYCLING COLLECTION AND RESIDENTIAL AND COMMERCIAL RECYCLING SORTING. ZERO WASTE EVENTS.EUREKA RECYCLING IS A 501(C)(3) NONPROFIT ORGANIZATION, BASED IN THE TWIN CITIES OF SAINT PAUL AND MINNEAPOLIS, EUREKA RECYCLING'S MISSION IS TO DEMONSTRATE THAT WASTE IS PREVENTABLE, NOT INEVITABLE. EUREKA WORKS TO BRIDGE THE GAP BETWEEN OUR VISION FOR A ZERO WASTE FUTURE AND THE REALITIES OF TODAY WITH TANGIBLE, REAL-WORLD SOLUTIONS. WE'RE MODELLING THE IDEA THAT BY SYSTEMATICALLY ADDRESSING THE WAY WE MANAGE OUR RESOURCES, WE CAN CREATE SOLUTIONS TO THE MOST PRESSING ISSUES OF OUR TIME, INCLUDING CLIMATE CHANGE, BUILDING STRONG LOCAL ECONOMIES, AND SUPPORTING HEALTHY EQUITABLE COMMUNITIES.CURBSIDE AND MULTI-FAMILY RECYCLING: PERHAPS MOST WELL-KNOWN FOR ITS RECYCLING OPERATIONS, EUREKA RECYCLING HAS PROVIDED CURBSIDE AND APARTMENT RECYCLING SERVICES, EDUCATION, AND ADVOCACY SINCE 2001. EUREKA OPERATES A MATERIAL RECOVERY FACILITY WHERE RECYCLING IS SORTED. EUREKA TESTS AND DEVELOPS BEST PRACTICES AROUND SORTING RECYCLES TO ACHIEVE THE ENVIRONMENTAL HIGHEST AND BEST USE AND SHARES THESE PRACTICES. EUREKA PROVIDES TOURS OF THE FACILITY TO EDUCATE THE COMMUNITY ON RECYCLING AND DOES EDUCATIONAL EVENTS FOR SCHOOLS AND COMMUNITY ORANIZATIONS AS WELL.EUREKA RECYCLING HAS A WIDE RANGE OF INITIATIVES DESIGNED TO PREVENT THE NEEDLESS WASTING OF OUR DISCARDS THROUGH REUSE, RECYCLING, COMPOSTING, WASTE REDUCTION, PROPER RESPONSIBILITY AND MORE. THESE INITIATIVES PROVIDE OVER 120 JOBS FOR INDIVIDUALS WHO DEMONSTRATE THEIR MISSION EVERY DAY IN THE WORK THAT THEY DO. EUREKA RECYCLING PROVIDES CONSULTING TO EVENTS IN THE COMMUNITY ON HOW TO BE ZERO WASTE AND MANAGES THE WASTE DISCARDS FOR SEVERAL EVENTS IN THE TWIN CITIES. EUREKA RECYCLING COLLABORATES WITH INDIVIDUALS AND ORGANIZATIONS TO MOVE OUR COMMUNITY TOWARDS ZERO WASTE. EUREKA RECYCLING ALSO EXAMINES HOW WASTE CAN BE PREVENTED BEFORE WE TURN TO RECYCLING AND COMPOSTING AND CALLS FOR ACCOUNTABILITY FROM THE PRODUCERS OF PACKAGING AND PRODUCTS TO BETTER DESIGN THEIR GOODS. BY ITS EFFORTS IN PROGRAMS, SERVICES AND ADVOCACY, EUREKA RECYCLING ASPIRES TO HELP INDIVIDUALS, ORGANIZATIONS, AND COMMUNITITES UNDERSTAND THE SIGNIFICANCE OF ZERO WASTE AND TO ACHIEVE THEIR OWN ZERO-WASTE GOALS.


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Board, Officers & Key Employees

Name (title)Compensation
Lynn Hoffman
Co-President/secretary
$125,808
Kate Davenport
Co-President
$123,358
Alex Danovitch
Vice Chair
$0
Rick Person
Vice Chair/treasurer
$0
Lara Page
Board Member
$0
Tim Brownell
Board Member/board Chair
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $7,347,632
All other contributions, gifts, grants, and similar amounts not included above$335,889
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$7,683,521
Total Program Service Revenue$173,661
Investment income $5,484
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$7,360
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $12,637,807
Miscellaneous Revenue$0
Total Revenue $20,493,113

Grants Awarded

Over the last fiscal year, Neighborhood Recycling Corporation has awarded $394,048 in support to 4 organizations.

Grant RecipientAmount

Boulder, CO

PURPOSE: TO SUPPORT ALLIANCE FOR MISSION BASED RECYCLERS (AMBR) MISSION TO EDUCATE, ADVOCATE FOR CHANGES IN RECYCLING POLICIES, AND REDUCE PLASTIC WASTE.

$169,654

RECYCLE ANN ARBOR

Org PageRecipient Profile

Dexter, MI

PURPOSE: TO SUPPORT ALLIANCE FOR MISSION BASED RECYCLERS (AMBR) MISSION TO EDUCATE, ADVOCATE FOR CHANGES IN RECYCLING POLICIES, AND REDUCE PLASTIC WASTE.

$104,767

ECOLOGY CENTER - MI

Org PageRecipient Profile

Ann Arbor, MI

PURPOSE: TO SUPPORT ALLIANCE FOR MISSION BASED RECYCLERS (AMBR) MISSION TO EDUCATE, ADVOCATE FOR CHANGES IN RECYCLING POLICIES, AND REDUCE PLASTIC WASTE.

$90,400

ECOLOGY CENTER - CA

Org PageRecipient Profile

Berkeley, CA

PURPOSE: TO SUPPORT ALLIANCE FOR MISSION BASED RECYCLERS (AMBR) MISSION TO EDUCATE, ADVOCATE FOR CHANGES IN RECYCLING POLICIES, AND REDUCE PLASTIC WASTE.

$29,227
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Neighborhood Recycling Corporation has recieved totaling $201,271.

Awarding OrganizationAmount
The Schmidt Family Foundation

Palo Alto, CA

PURPOSE: ADVANCING SUSTAINABLE MATERIALS, OCEAN STEWARDSHIP AND RESEARCH

$201,250
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$21
View Grant Recipient Profile

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