Totals
- Total revenue
- $43,565,077
- Total expenses
- $39,964,233
- Contributions and grants received
- $41,597,826
- Grants paid
- $35,514,476
- Program service revenue
- $301,406
- Investment income
- $15,466
- Other revenue
- $1,650,379
- Total assets, end of year
- $13,588,802
- Total liabilities, end of year
- $1,174,061
- Net assets or fund balances, end of year
- $12,414,741
- Program services expenses (Part IX)
- $38,708,245
- Management and general expenses
- $774,188
- Fundraising expenses
- $481,800
- Program service expenses (Part III)
- $38,708,245
Program services were 96.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1a · Federated campaigns
$8,939
-
1c · Fundraising events
$122,039
-
1f · All other contributions, gifts and grants
$41,466,848
-
1g · Noncash contributions included above
$35,801,774
-
2a · Program service revenue: HOSPITAL & CLINICS
total $300,506 · related or exempt $300,506
-
2b · Program service revenue: HEALTHY FOOD
total $900 · related or exempt $900
-
3 · Investment income
total $15,466 · excluded $15,466
-
8a · Fundraising events: gross income
$23,121
-
8a · Fundraising events: contributions included on line 1c
$122,039
-
8b · Fundraising events: direct expenses
$56,466
-
8c · Net income from fundraising events
total -$33,345 · excluded -$33,345
-
10a · Gross sales of inventory
$2,318,640
-
10b · Cost of goods sold
$634,916
-
10c · Net income from sales of inventory
total $1,683,724 · related or exempt $1,683,724
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $14,618,954 · program services $14,618,954
-
3 · Grants to foreign organizations and individuals
total $20,895,522 · program services $20,895,522
-
5 · Compensation of officers, directors and key employees
total $795,198 · program services $494,323 · management and general $224,272 · fundraising $76,603
-
7 · Other salaries and wages
total $1,355,324 · program services $980,401 · management and general $145,564 · fundraising $229,359
-
9 · Other employee benefits
total $208,709 · program services $111,073 · management and general $64,465 · fundraising $33,171
-
10 · Payroll taxes
total $161,830 · program services $100,600 · management and general $45,641 · fundraising $15,589
-
11b · Fees: legal
total $8,845 · program services $2,399 · management and general $6,296 · fundraising $150
-
11c · Fees: accounting
total $17,917 · program services $4,930 · management and general $12,718 · fundraising $269
-
11g · Fees: other
total $72,013 · program services $19,817 · management and general $51,119 · fundraising $1,077
-
13 · Office expenses
total $132,375 · management and general $124,006 · fundraising $8,369
-
16 · Occupancy
total $318,996 · program services $316,768 · management and general $2,228
-
17 · Travel
total $554,842 · program services $430,873 · management and general $23,795 · fundraising $100,174
-
20 · Interest
total $6,914 · management and general $6,914
-
22 · Depreciation, depletion and amortization
total $39,253 · management and general $39,253
-
23 · Insurance
total $25,528 · management and general $25,528
-
24a · Other expenses: TRANSPORTATION
total $731,339 · program services $731,318 · management and general $21
-
24b · Other expenses: SPECIAL EVENT FUNDRAISI
total $16,189 · fundraising $16,189
-
24c · Other expenses: MISCELLANEOUS
total $3,059 · program services $1,267 · management and general $942 · fundraising $850
-
24d · Other expenses: TELEPHONE AND INTERNET
total $1,426 · management and general $1,426
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,655,776 · end of year $1,825,853
-
2 · Savings and temporary cash investments
beginning of year $9,639 · end of year $0
-
3 · Pledges and grants receivable
beginning of year $234,120 · end of year $248,937
-
8 · Inventories for sale or use
beginning of year $7,336,730 · end of year $10,746,717
-
9 · Prepaid expenses and deferred charges
end of year $20,621
-
10a · Land, buildings and equipment: cost or other basis
$306,324
-
10b · Land, buildings and equipment: accumulated depreciation
$209,478
-
10c · Land, buildings and equipment, net
beginning of year $103,375 · end of year $96,846
-
15 · Other assets
beginning of year $0 · end of year $649,828
-
17 · Accounts payable and accrued expenses
beginning of year $218,374 · end of year $223,346
-
23 · Secured mortgages and notes payable
beginning of year $149,359 · end of year $150,000
-
25 · Other liabilities
beginning of year $98,949 · end of year $800,715
-
27 · Net assets without donor restrictions
beginning of year $8,132,735 · end of year $11,206,058
-
28 · Net assets with donor restrictions
beginning of year $740,223 · end of year $1,208,683
Mission and programs · 2022
Mission
MATTER IS A MINNESOTA-BASED GLOBAL HEALTH NONPROFIT ON A MISSION TO HELP PEOPLE LAUNCH PROJECTS THAT IMPROVE COMMUNITIES.
-
MATTER HELPS HOSPITALS REDUCE LANDFILL MEDICAL WASTE BY REPURPOSING MEDICAL EQUIPMENT AND SUPPLIES. THIS IS BEING ACCOMPLISHED THROUGH THE MATTER 360 MODEL OF DISTRIBUTION TO HOSPITAL AND CLINIC PARTNERS, RESALE AND RECYCLING. IN 2022, OVER ONE MILLION POUNDS WERE REPURPOSED. INTERNATIONALLY, MATTER ADDRESSES BARRIERS TO HEALTH BY GIVING HOSPITALS AND CLINICS THE TOOLS NEEDED TO CARE FOR PATIENTS IN DIGNIFIED WAYS. WE SOURCE, ALLOCATE, AND SHIP LIFE-SAVING MEDICAL SUPPLIES AND EQUIPMENT TO PARTNERS WHO LACK QUALITY HEALTHCARE ON THE FRONT LINES OF SCARCITY. MATTER PARTNERS WITH GOVERNMENTS AND ORGANIZATIONS TO ASSESS HEALTHCARE FACILITIES AND PROCURES AND SHIPS THE EQUIPMENT & SUPPLIES NEEDED TO SUSTAIN PROGRAMS, IMPROVE THE HEALTH OF THE COMMUNITY, AND SAVE LIVES.
Expenses $35,842,596 · Grants $33,282,681 · Revenue $301,406
-
LOCALLY, MATTER ACTIVATES HEALTHY EATING FOR KIDS AND FAMILIES IN MINNESOTA AND AROUND THE U.S. VIA THE MATTERBOX PROGRAM, AN INNOVATIVE SOLUTION TO HEALTHY FOOD ACCESS AND NUTRITION EDUCATION. MATTERBOX ADDRESSES THE GROWING NEED FOR HEALTHY EATING EDUCATION, ESPECIALLY IN COMMUNITIES WHERE POVERTY AND FOOD DESERTS PERSIST. EACH BOX IS AN INTENTIONALLY PROCURED MEAL KIT THAT GIVES A DIGNIFIED EXPERIENCE OF HEALTHIER EATING, AS WELL AS RECIPES, CHALLENGES, TOOLS AND TIPS FOR BUILDING SUSTAINABLE EATING HABITS. MATTERBOX IS NOT ONLY AN IMMEDIATE RESPONSE TO HUNGER, BUT ALSO A CHANNEL FOR CREATING NEW, HEALTHY LIFESTYLE HABITS, PROMOTING LONG TERM CHANGE. IN 2022, MATTER WORKED WITH 66 LOCAL PARTNER ORGANIZATIONS, IMPACTING 139,560 PEOPLE VIA THE MATTERBOX PROGRAM - AS WELL AS OVER 6,000 VOLUNTEERS.
Expenses $1,498,772 · Grants $1,075,328
-
MATTER'S EDUCATION PROGRAM LOOKS TO ADDRESS SYSTEMIC ISSUES IN EDUCATIONAL ORGANIZATIONS PREVENTING ALL STUDENTS' SUCCESS, PARTICULARLY, DIDACTIC INSTRUCTIONAL PRACTICES, PASSIVE ENGAGEMENT, SUBSTITUTIONAL LEVEL OF TECHNOLOGY USE, AND THE LACK OF PERSONALIZATION. THE MATTER INNOVATION HUBS MODEL STUDENT CENTRIC LEARNING TO EMPHASIZE THE IMPORTANCE OF CREATIVE THINKING, PROBLEM SOLVING, AND CREATIVITY. WE BELIEVE THESE EFFORTS SUPPORT THE CONCEPTS OF THE 4TH INDUSTRIAL REVOLUTION: PEOPLE ANYWHERE, WITH ACCESS TO QUALITY INTERNET AND TRANSFORMATIONAL TECHNOLOGY CAN LEARN ANYTHING AND APPLY THAT KNOWLEDGE TOWARDS SKILLS THAT CONTRIBUTE TO SOCIETY WHILE MAKE LIVING WAGE DOING SO.
Expenses $1,200,302 · Grants $1,049,496
-
Expenses $166,575 · Grants $106,971
As filed on the 2022 return.
Listed in Part VII
-
Michael AckmannMICHAEL ACKMANN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Casey CarlCASEY CARL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jay DeverellJAY DEVERELL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Devin DoyleDEVIN DOYLE
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Amanda EscenAMANDA ESCEN
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 3
-
Pete GoddardPETE GODDARD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Sarah CharaiSARAH CHARAI
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Derrick JohnsonDERRICK JOHNSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Chipo MtasaCHIPO MTASA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Shelly NelsonSHELLY NELSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Mark PlettsMARK PLETTS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Steve RyanSTEVE RYAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Mike TamteMIKE TAMTE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Dr Christopher TashjianDR CHRISTOPHER TASHJIAN
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Aaron JohnsonAARON JOHNSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Meg MartinMEG MARTIN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Roger McCabeROGER MCCABE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Quenton MartyQUENTON MARTY
PRESIDENT
- Total calculated
- $177,029
- From this org
- $164,615
- From related orgs
- $0
- Other
- $12,414
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $164,615
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $12,414
- Filer's total
- $177,029
-
Jeremy NewhouseJEREMY NEWHOUSE
CHIEF OF FINANCIAL STRATEGY & AFRICA PROJECTS
- Total calculated
- $152,414
- From this org
- $143,238
- From related orgs
- $0
- Other
- $9,176
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $143,238
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $9,176
- Filer's total
- $152,414
-
Victor SalamoneVICTOR SALAMONE
VP OF BUSINESS OPERATIONS
- Total calculated
- $137,929
- From this org
- $129,758
- From related orgs
- $0
- Other
- $8,171
- Hours/week
- 40
-
Joel AndersonJOEL ANDERSON
EXECUTIVE VP OF MATTER 360
- Total calculated
- $169,572
- From this org
- $157,700
- From related orgs
- $0
- Other
- $11,872
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $157,700
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $11,872
- Filer's total
- $169,572
-
Chris NewhouseCHRIS NEWHOUSE
EXECUTIVE DIRECTOR OF SUST
- Total calculated
- $158,254
- From this org
- $147,171
- From related orgs
- $0
- Other
- $11,083
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $147,171
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $11,083
- Filer's total
- $158,254
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
GORGUI DIENG FOUNDATION
$157,500
SPONSORSHIP GRANT
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
OXFORD INDUSTRIAL LIMITED PARTNERSHIP CO WILDAMERE CAPITAL MANAGEMENT LLC
COMMERICIAL RENTAL REAL ESTATE · MN
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 5 September 2023
- IRS schema version
- 2022v5.0
- Source object
- 202302519349300020
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