Minnesota African Women Coalition
- Assets
- $115.0k
- Revenue
- $225.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Lakeville, MN
- Founding
- Data as of
- 12/2023
- EIN
- 88-0562287
Organization Overview
Minnesota African Women Coalition is located in Lakeville, MN. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Minnesota African Women Coalition is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO CULTIVATE, FOSTER AND IMPLEMENT SUSTAINABLE AND LONG-LASTING CHANGE THROUGH ECONOMIC DEVELOPMENT, CAPACITY BUILDING, TECHNICAL ASSISTANCE, JOB TRAINING & CAREER DEVELOPMENT, MENTAL HEALTH INITIATIVES, MEMORY LOSS AND DEMENTIA AWARENESS IN THE BIPOC & AFRICAN
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE ARE AN ADVOCATE, SUPPORT AND ONE OF THE VOICES BEHIND THE AFRICAN COMMUNITIES, BIPOC COMMUNITIES AND UNDERPRIVILEGE BUSINESS COMMUNITIES IN THE TWIN CITIES MINNESOTA. COVID19 PANDEMIC HAS REVEALED THE HISTORIC STRUGGLES OF DISADVANTAGE BUSINESS ENTERPRISE. THESE ENTERPRISES AND THEIR COMMUNITIES ARE STRUGGLING. THERE IS A POPULATION WITHIN THIS DISADVANTAGE BUSINESS ENTERPRISE COMMUNITIES THAT IS OFTEN IGNORED, IMMIGRANTS. IMMIGRANT OWNED BUSINESSES & COMMUNITIES HAVE BEEN IMPACTED JUST AS HARD FROM THE PANDEMIC AND CIVIC UNREST, YET THEY RECEIVED VERY LITTLE FROM THE PREVIOUS RELIEF PACKAGES DUE TO TECHNICAL CHALLENGES, FINANCIAL HARDSHIP AND LACK OF FUNDING AND ACCESS TO SMALL BUSINESS LOANS.COVID-19 HAS ALSO BROUGHT ADDITIONAL CHALLENGES TO THESE COMMUNITIES AND HIGHLIGHTS THE NEED FOR COMMUNITY-LED APPROACHES TO SUPPORT INDIVIDUALS IN THE PREVENTION AND MANAGEMENT OF CHRONIC MENTAL CONDITIONS.WE COLLABORATE AND HAVE CONSTANT DIALOGUE ABOUT AMELIO
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laurel Igbanugo Executive Director | Officer | 60 | $0 |
Florence Wanda Executive Director | Officer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $120,000 |
| Related organizations | $10,000 |
| Government grants | $95,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $225,000 |
| Total Program Service Revenue | $0 |
| 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 | $225,000 |
| 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 | $2,500 |
| 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 | $1,500 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $4,500 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $8,200 |
| Office expenses | $45,000 |
| Information technology | $10,500 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $6,300 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $19,500 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,500 |
| All other expenses | $0 |
| Total functional expenses | $110,000 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $95,000 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $20,000 |
| 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 | $115,000 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $115,000 |
| Total liabilities and net assets/fund balances | $115,000 |