Onward Eden Prairie
- Assets
- $221.2k
- Revenue
- $109.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Eden Prairie, MN
- Founding
- 12/2017
- Data as of
- 12/2021
- EIN
- 82-2978335
Organization Overview
Onward Eden Prairie is located in Eden Prairie, MN. The organization was established in 2017. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Onward Eden Prairie 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, Onward Eden Prairie generated $109.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (14.6%) each year. All expenses for the organization totaled $82.1k during the year ending 12/2021. 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
HELP YOUNG ADULTS IN OUR COMMUNITY WHO ARE EXPERIENCING HOMELESSNESS OR HOUSING INSTABILITY BY PROVIDING STABLE HOUSING AND SUPPORT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAINTAINING A SINGLE FAMILY HOME IN ORDER TO PROVIDE A SAFE PLACE TO LIVE, LEARN AND LAUNCH FOR YOUNG ADULTS IN OUR COMMMUNITY EXPERIENCING HOMELESSNESS OR HOUSING INSTABILITY. THE FIRST FOUR TENANTS WERE HOUSED OCTOBER - NOVEMBER 2018. SINCE THEN, THE HOME HAS BEEN 75-100% OCCUPIED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kim Rathjen President | OfficerTrustee | 10 | $0 |
Carol Bomben Vice President | OfficerTrustee | 3 | $0 |
Anne Byrne Secretary | OfficerTrustee | 3 | $0 |
Andrew Vergeront Treasurer | OfficerTrustee | 3 | $0 |
Danielle Burton-Haselrig Director | Trustee | 1 | $0 |
Richard Ward Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $7,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $95,548 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $103,048 |
| Total Program Service Revenue | $6,350 |
| Investment income | $530 |
| 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 | $109,928 |
| 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. | $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 | $64,635 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $3,500 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $689 |
| Office expenses | $1,155 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $4,675 |
| All other expenses | $0 |
| Total functional expenses | $82,148 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $219,215 |
| 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 | $2,000 |
| Total assets | $221,215 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $4,830 |
| 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 | $4,830 |
| Net assets without donor restrictions | $216,385 |
| 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 | $221,215 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Onward Eden Prairie has recieved totaling $14,524.
| Awarding Organization | Amount |
|---|---|
Eden Prairie Community Foundation Eden Prairie, MN PURPOSE: FUNDING FOR THE HIRING OF A GRANT WRITER | $8,500 |
Charlson Foundation Edina, MN PURPOSE: GENERAL OPERATIONS | $5,000 |
Carl And Aune Lind Family Foundation Eden Prairie, MN PURPOSE: GENERAL | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $24 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Reach For Your Potential Inc Iowa City, IA | $7,743,905 | $10,140,331 |
Ppl Properties Minneapolis, MN | $55,862,410 | $5,681,463 |
Region Xii Council Of Governments Inc Carroll, IA | $20,470,902 | $9,309,351 |
Grand Forks Homes Inc Grand Forks, ND | $15,508,002 | $4,473,354 |
Community Action Region Vi Jamestown, ND | $1,501,649 | $3,945,545 |
Ponderosa Apartments Inc Spearfish, SD | $17,012,312 | $3,089,734 |
Beyond Shelter Inc Fargo, ND | $39,993,501 | $6,508,362 |
3700 Green Tree Corporation Milwaukee, WI | $10,160,568 | $2,809,473 |
Northport Apartments Corporation Milwaukee, WI | $3,786,211 | $1,745,178 |
Nicollet Meadows Housing Group Slayton, MN | $8,272,022 | $1,018,863 |
Jfs Housing Inc Milwaukee, WI | $5,035,559 | $1,439,082 |
Plymouth Apartments Corporation Milwaukee, WI | $4,373,782 | $1,219,366 |