Totals
- Total revenue
- $16,186,207
- Total expenses
- $16,223,392
- Contributions and grants received
- $15,768,847
- Grants paid
- $12,942,820
- Program service revenue
- $67,761
- Investment income
- $8,233
- Other revenue
- $341,366
- Total assets, end of year
- $7,922,083
- Total liabilities, end of year
- $3,589,969
- Net assets or fund balances, end of year
- $4,332,114
- Program services expenses (Part IX)
- $15,146,794
- Management and general expenses
- $444,411
- Fundraising expenses
- $632,187
- Program service expenses (Part III)
- $15,146,794
Program services were 93.4% 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
$1,871
-
1c · Fundraising events
$268,374
-
1e · Government grants (contributions)
$3,721,804
-
1f · All other contributions, gifts and grants
$11,776,798
-
1g · Noncash contributions included above
$8,503,642
-
2a · Program service revenue: Contract Revenue
total $67,761 · related or exempt $67,761
-
3 · Investment income
total $8,233 · excluded $8,233
-
6a · Gross rents
real property $332,500 · personal property $65,499
-
6b · Less rental expenses
real property $0 · personal property $0
-
6c · Rental income or loss
real property $332,500 · personal property $65,499
-
6d · Net rental income or loss
total $397,999 · unrelated business $65,499 · excluded $332,500
-
8a · Fundraising events: gross income
$0
-
8a · Fundraising events: contributions included on line 1c
$268,374
-
8b · Fundraising events: direct expenses
$71,652
-
8c · Net income from fundraising events
total -$71,652 · excluded -$71,652
-
11a · Other revenue: Miscellaneous
total $15,019 · excluded $15,019
-
11e · Other revenue, total
$15,019
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $12,942,820 · program services $12,942,820
-
5 · Compensation of officers, directors and key employees
total $249,573 · program services $134,249 · management and general $37,358 · fundraising $77,966
-
7 · Other salaries and wages
total $1,347,918 · program services $762,501 · management and general $231,518 · fundraising $353,899
-
8 · Pension plan contributions
total $70,922 · program services $38,150 · management and general $10,616 · fundraising $22,156
-
9 · Other employee benefits
total $148,738 · program services $80,009 · management and general $22,263 · fundraising $46,466
-
10 · Payroll taxes
total $134,343 · program services $77,023 · management and general $23,837 · fundraising $33,483
-
11c · Fees: accounting
total $17,825 · program services $15,664 · management and general $1,176 · fundraising $985
-
11g · Fees: other
total $237,768 · program services $208,944 · management and general $15,689 · fundraising $13,135
-
12 · Advertising and promotion
total $21,921 · program services $14,953 · management and general $1,372 · fundraising $5,596
-
13 · Office expenses
total $96,169 · program services $81,002 · management and general $7,931 · fundraising $7,236
-
14 · Information technology
total $121,359 · program services $106,646 · management and general $8,008 · fundraising $6,705
-
16 · Occupancy
total $337,737 · program services $278,930 · management and general $31,251 · fundraising $27,556
-
17 · Travel
total $28,950 · program services $28,873 · management and general $1 · fundraising $76
-
19 · Conferences, conventions and meetings
total $12,191 · program services $8,737 · management and general $2,112 · fundraising $1,342
-
20 · Interest
total $129,677 · program services $106,711 · management and general $12,631 · fundraising $10,335
-
22 · Depreciation, depletion and amortization
total $167,963 · program services $143,404 · management and general $11,025 · fundraising $13,534
-
23 · Insurance
total $53,325 · program services $43,882 · management and general $5,194 · fundraising $4,249
-
24a · Other expenses: UBIT taxes
total $17,870 · program services $14,758 · management and general $1,654 · fundraising $1,458
-
24b · Other expenses: Miscellaneous expenses
total $46,239 · program services $31,469 · management and general $12,840 · fundraising $1,930
-
24c · Other expenses: Volunteer services reco
total $22,716 · program services $13,742 · management and general $6,262 · fundraising $2,712
-
24d · Other expenses: Membership
total $17,270 · program services $14,247 · management and general $1,663 · fundraising $1,360
-
24e · All other expenses
total $98 · program services $80 · management and general $10 · fundraising $8
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,953,033 · end of year $2,323,152
-
2 · Savings and temporary cash investments
beginning of year $948,443 · end of year $949,257
-
3 · Pledges and grants receivable
beginning of year $590,932 · end of year $199,398
-
4 · Accounts receivable
beginning of year $2,003 · end of year $6,196
-
8 · Inventories for sale or use
beginning of year $230,709 · end of year $116,468
-
9 · Prepaid expenses and deferred charges
beginning of year $52,743 · end of year $50,982
-
10a · Land, buildings and equipment: cost or other basis
$5,816,109
-
10b · Land, buildings and equipment: accumulated depreciation
$1,550,769
-
10c · Land, buildings and equipment, net
beginning of year $4,342,110 · end of year $4,265,340
-
15 · Other assets
beginning of year $0 · end of year $11,290
-
17 · Accounts payable and accrued expenses
beginning of year $194,145 · end of year $156,014
-
23 · Secured mortgages and notes payable
beginning of year $3,547,716 · end of year $3,422,665
-
25 · Other liabilities
beginning of year $8,813 · end of year $11,290
-
27 · Net assets without donor restrictions
beginning of year $4,269,299 · end of year $4,244,533
-
28 · Net assets with donor restrictions
beginning of year $100,000 · end of year $87,581
Mission and programs · 2022
Mission
VEAP is a 501(c)(3) non-profit, multi-service, human service organization with the mission of "Together, we create pathways to stronger, more hopeful, communities through access to healthy food, housing stability and supportive services."
Activities or mission (Part I)
Together, we create pathways to stronger, more hopeful, communities through access to healthy food, housing stability and supportive services.
-
VEAP's Food and Basic Needs Program provides access to healthy, fresh foods for households experiencing food-insecurity. The program includes an on-site food pantry, mobile food pantry, student food packs (supplemental food for school-age children), food deliveries, senior shuttle, transportation (from the on-site food pantry), and nutrition education. VEAP operates one of the largest food pantries in the state with 152,906 total food pantry and other food access visits in 2022. Of the over 4.7 million pounds of food that was distributed, 43% was fresh fruits and vegetables. VEAP offers fresh fruits and vegetables, dairy, deli, bakery, culturally specific food choices, protein, meats, canned goods, and non-perishable items. Participants may visit the on-site food pantry/mobile pantry as needed, typically 1-2 times per month.VEAP addresses transportation barriers to healthy food access by providing food deliveries for seniors and qualifying individuals. The mobile food pantry provides access to healthy foods at designated sites in areas of high need located throughout VEAP's service area. Student food packs provide school-year, weekend food for youth in the Edina, Richfield, and Bloomington School Districts. In total, VEAP delivered food to 4,736 households, prepared student food packs for 3,946 students, and provided 28,049 mobile pantry neighborhood visits in 2022. VEAP's state-of-the-art commercial and teaching kitchen provides on-site nutrition education classes and serves as a business incubation site for start-up businesses that produce food for market wholesale.
Expenses $10,517,241 · Grants $9,222,793
-
VEAP's Social Services Program provides caring, professional support to households experiencing food-insecurity, high-risk of eviction or homelessness, and financial crisis. Through a holistic service delivery with housing stability at the center of our focus, services includehousing (tenant/landlord) advocacy, case management, referrals, resource navigation and coordination, and emergency financial assistance in the form of rent, deposit, or utility assistance and other assistance to maintain housing or employment. In 2022, VEAP provided $3,702,832 in rent or utility assistance, $7,259 for gas/bus cards, and $6,428 for gift cards for other essential basic needs.Participants work with a Social Worker or Case Manager using a strengths-based, case management approach to prevent homelessness and stabilize income. Social Services staff meets with participants to complete an individualized assessment and provide financial assistance, supportive services, and navigation of community resources to help regain stability quickly.
Expenses $4,629,553 · Grants $3,720,027 · Revenue $67,761
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Anne Marie Gavel
Interim CEO (June-September), Director
- Total calculated
- $40,000
- From this org
- $40,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 5
-
Ross Widmoyer
President
- Total calculated
- $0
- Hours/week
- 5
-
Dion Evans
Vice President
- Total calculated
- $0
- Hours/week
- 1.5
-
Rebecca Johnson
Treasurer
- Total calculated
- $0
- Hours/week
- 3
-
Shannon McCormick
Co-Secretary
- Total calculated
- $0
- Hours/week
- 2.5
-
Brianna Williamson
Co-Secretary
- Total calculated
- $0
- Hours/week
- 2.5
-
Jennifer Siedow
Member
- Total calculated
- $0
- Hours/week
- 1
-
Tai Giwa
Director
- Total calculated
- $0
- Hours/week
- 1
-
Keith Moheban
Director
- Total calculated
- $0
- Hours/week
- 1
-
Lisa Oster
Director
- Total calculated
- $0
- Hours/week
- 1
-
John Rimstad
Director
- Total calculated
- $0
- Hours/week
- 1
-
Joe Bauer
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jackline Erickson
Director
- Total calculated
- $0
- Hours/week
- 1
-
Molly McCormick
Director
- Total calculated
- $0
- Hours/week
- 1
-
Megan Rogers
Director
- Total calculated
- $0
- Hours/week
- 1
-
Joe McDonald
CEO (January-June)
- Total calculated
- $80,659
- From this org
- $72,784
- From related orgs
- $0
- Other
- $7,875
- Hours/week
- 40
-
Kari Thompson
CEO (September-December)
- Total calculated
- $128,914
- From this org
- $124,768
- From related orgs
- $0
- Other
- $4,146
- Hours/week
- 40
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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 21 June 2023
- IRS schema version
- 2022v5.0
- Source object
- 202311869349301236
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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