Totals
- Total revenue
- $5,509,575
- Total expenses
- $10,510,990
- Contributions and grants received
- $3,051,729
- Grants paid
- $5,377,948
- Program service revenue
- $348,190
- Investment income
- $2,105,433
- Other revenue
- $4,223
- Total assets, end of year
- $46,567,295
- Total liabilities, end of year
- $915,452
- Net assets or fund balances, end of year
- $45,651,843
- Program services expenses (Part IX)
- $8,487,745
- Management and general expenses
- $1,867,010
- Fundraising expenses
- $156,235
- Program service expenses (Part III)
- $8,487,745
Program services were 80.8% 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
$0
-
1b · Membership dues
$0
-
1c · Fundraising events
$0
-
1d · Related organizations
$0
-
1e · Government grants (contributions)
$0
-
1f · All other contributions, gifts and grants
$3,051,729
-
1g · Noncash contributions included above
$0
-
2a · Program service revenue: Government Contracts
total $291,941 · related or exempt $291,941 · unrelated business $0 · excluded $0
-
2b · Program service revenue: Registration Fees
total $2,211 · related or exempt $2,211 · unrelated business $0 · excluded $0
-
2c · Program service revenue: Contracted Services
total $54,038 · related or exempt $54,038 · unrelated business $0 · excluded $0
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $2,033,751 · related or exempt $0 · unrelated business $0 · excluded $2,033,751
-
4 · Income from investment of tax-exempt bond proceeds
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
5 · Royalties
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
7a · Gross sales of assets other than inventory
securities $61,181,642 · other assets $0
-
7b · Less cost or other basis and sales expenses
securities $61,109,960 · other assets $0
-
7c · Gain or loss
securities $71,682 · other assets $0
-
7d · Net gain or loss
total $71,682 · related or exempt $0 · unrelated business $0 · excluded $71,682
-
8a · Fundraising events: contributions included on line 1c
$0
-
11a · Other revenue: Miscellaneous Revenue
total $4,223 · related or exempt $4,223 · unrelated business $0 · excluded $0
-
11d · All other revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$4,223
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $167,868 · program services $167,868
-
2 · Grants to domestic individuals
total $5,210,080 · program services $5,210,080
-
5 · Compensation of officers, directors and key employees
total $333,337 · program services $116,668 · management and general $206,669 · fundraising $10,000
-
6 · Compensation of disqualified persons
total $0 · program services $0 · management and general $0 · fundraising $0
-
7 · Other salaries and wages
total $2,323,621 · program services $1,619,977 · management and general $616,257 · fundraising $87,387
-
9 · Other employee benefits
total $478,310 · program services $367,029 · management and general $90,580 · fundraising $20,701
-
10 · Payroll taxes
total $198,461 · program services $134,202 · management and general $57,055 · fundraising $7,204
-
11b · Fees: legal
total $98,740 · management and general $98,740
-
11c · Fees: accounting
total $382,894 · program services $0 · management and general $382,894 · fundraising $0
-
11g · Fees: other
total $580,466 · program services $396,847 · management and general $162,152 · fundraising $21,467
-
12 · Advertising and promotion
total $4,392 · program services $4,063 · management and general $329 · fundraising $0
-
13 · Office expenses
total $28,629 · program services $21,514 · management and general $6,899 · fundraising $216
-
14 · Information technology
total $128,613 · program services $30,900 · management and general $96,596 · fundraising $1,117
-
15 · Royalties
total $0 · program services $0 · management and general $0 · fundraising $0
-
16 · Occupancy
total $162,714 · program services $114,960 · management and general $41,437 · fundraising $6,317
-
17 · Travel
total $36,755 · program services $30,842 · management and general $5,151 · fundraising $762
-
19 · Conferences, conventions and meetings
total $70,587 · program services $58,532 · management and general $12,048 · fundraising $7
-
22 · Depreciation, depletion and amortization
total $85,266 · program services $32,607 · management and general $52,111 · fundraising $548
-
23 · Insurance
total $25,588 · program services $0 · management and general $25,588 · fundraising $0
-
24a · Other expenses: Stipends & Honorariums
total $142,674 · program services $142,674 · management and general $0 · fundraising $0
-
24b · Other expenses: Sponorships
total $28,000 · program services $28,000 · management and general $0 · fundraising $0
-
24c · Other expenses: Membership
total $10,236 · program services $2,627 · management and general $7,100 · fundraising $509
-
24d · Other expenses: Finance Charges
total $2,656 · program services $56 · management and general $2,600
-
24e · All other expenses
total $11,103 · program services $8,299 · management and general $2,804
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,253,755 · end of year $215,955
-
2 · Savings and temporary cash investments
beginning of year $47,842,895 · end of year $3,808,186
-
3 · Pledges and grants receivable
beginning of year $472,079 · end of year $1,357,560
-
4 · Accounts receivable
beginning of year $386 · end of year $41
-
9 · Prepaid expenses and deferred charges
beginning of year $82,287 · end of year $73,920
-
10a · Land, buildings and equipment: cost or other basis
$297,872
-
10b · Land, buildings and equipment: accumulated depreciation
$232,602
-
10c · Land, buildings and equipment, net
beginning of year $114,652 · end of year $65,270
-
11 · Investments: publicly traded securities
beginning of year $88,703 · end of year $40,618,788
-
13 · Investments: program-related
beginning of year $100,000 · end of year $100,000
-
15 · Other assets
beginning of year $590,293 · end of year $327,575
-
17 · Accounts payable and accrued expenses
beginning of year $325,479 · end of year $178,045
-
18 · Grants payable
end of year $350,000
-
19 · Deferred revenue
end of year $93,859
-
21 · Escrow or custodial account liability
beginning of year $179,134 · end of year $93,093
-
25 · Other liabilities
beginning of year $353,623 · end of year $200,455
-
27 · Net assets without donor restrictions
beginning of year $1,828,917 · end of year $1,440,174
-
28 · Net assets with donor restrictions
beginning of year $48,857,897 · end of year $44,211,669
Mission and programs · 2024
Mission
Nexus' mission is to build more engaged and powerful communities by supporting community building initiatives that expand community wealth and foster social and human capital.
Activities or mission (Part I)
Nexus' work ensures that people participate in the economic, civic and social activities that improve their communities and advance racial, social and economic equity. Nexus works on the East Side of St. Paul, in North and South Minneapolis, and in the broader Twin Cities region. Nexus advances its mission by focusing on three key activities: 1. Strengthening organizations: Nexus builds the capacity of the community-based organizations and their leaders to promote equitable and sustainable change in their communities. This is accomplished through funding and on-the-ground technical assistance. 2. Developing innovative initiatives: Nexus creates the space and provides support to innovative initiatives that advance equity and sustainable change. 3. Aligning and amplifying resources: Nexus intentionally connects local efforts to broader regional initiatives, linking neighborhoods to regional institutions, decision-making and economic opportunities.
-
Open Road Fund: The Open Road Fund is a community fund that redistributes money to present-day descendants of the Transatlantic Slave Trade to build Black wealth in Minnesota, North Dakota, and South Dakota. We make $50,000 wealth-building gifts to Black individuals to create "tangible pathways to liberation, prosperity, and healing on our own terms." In 2024, we made gifts to 100 individuals and provided individual financial counseling to help recipients achieve their goals. We also provide public webinars on financial topics (financing education, home ownership, and business) and healing led by Black experts and presented through a Black cultural lens.
Expenses $5,857,436 · Grants $5,000,000
-
Leadership: The Leadership work stream includes two programs: Reclaiming Our Own Time (ROOT), and the Boards and Commissions Leadership Institute (BCLI). Reclaiming Our Own Time (ROOT) is a program to help BIPOC people embrace rest and restoration as fundamental to social justice work. ROOT's offerings include two sabbatical programs, regular in-person and virtual events, and a monthly curated newsletter containing resources and opportunities. In 2024, we received 1,100+ applications for 10 sabbaticals for BIPOC movement leaders. Each sabbatical fellow received $30,000 to replace income for their three-month rest period, $5,000 for additional healing and wellness services, participation in three gatherings of sabbatical fellows, and ongoing individual coaching. We reached an additional 400+ individuals through related events including sacred spaces, the Reimagining Rest series, and three pop-up events all designed to help people explore the various ways we can experience rest and restoration and to recognize rest as a birthright for all people. The Nexus Boards and Commissions Leadership Institute (BCLI) is a seven-month leadership program that equips BIPOC and other shut-out community members to serve on city, county, metro and state boards and commissions. The 2023-2024 Cohort included 12 fellows who completed 80 hours of training and individual assignments and received stipends of $500 each for their participation. BCLI staff will now help graduates obtain appointments on state and local boards or commissions with the goal of half of graduates receiving appointments within the next 12 months.
Expenses $938,128 · Grants $209,080
-
Ownership: The Ownership work stream includes two programs: The Shared Ownership Center @ Nexus (SOC@N) and North Star Black Cooperative Fellowship (North Star). SOC@N is a bold effort to change the face of ownership by promoting shared-ownership business models, including worker cooperatives and real estate investment cooperatives. Through this work, SOC@N supports locally anchored businesses and more equitable working environments that help grow the region's economy. It advances worker ownership by seizing opportunities presented by the wave of retiring business owners in Minnesota and supports community ownership of resources by placing real estate in the hands of those that live and work there with a particular focus on BIPOC ownership. In March 2024, SOC@N launched the St. Paul LOCAL Fund in partnership with the City of St. Paul. Over the next three years, they will redistribute ARP funds to real estate and worker-owned cooperatives in areas of St. Paul hardest-hit by COVID-19. North Star is a seven-month fellowship focused on Black American cooperative economics and the history of Black cooperative economic thought and practice. In our curriculum, we center the wisdom and experience of those who share the ancestry of enslaved Africans in the United States and place value on the legacy of Black collective care. North Star's 2023-2024 cohort included 23 fellows representing 9 innovative cooperatives and collectives. Cohort members received $500 stipends for participation and the opportunity to apply to the North Star Alumni Fund for technical assistance grants for their cooperatives.
Expenses $886,042 · Grants $36,700 · Revenue $291,941
-
The broader mission of Nexus includes a number of other programs and initiatives. The Nexus Community Engagement Institute (NCEI) works to build more permanently organized communities by creating a healthy ecosystem where all communities are readily engaged and resourced. The Neighborhood Leadership Program (NLP) is a cohort-based program where people explore tenets of self-awareness, working across differences, and taking value-based action as they build power together. It is a seven-month program that offers space for people who are committed to personal and collective transformation to slow down- getting grounded in themselves and their own stories. through deeply knowing ourselves and how we relate to others, we cultivate sustainable relationships and explore ways we can live in the world we know is necessary, possible, and in many small ways, already present. The Nexus Boards and Commissions Leadership Institute (BCLI) is a 7-month leadership program that works to build more engaged and powerful communities in our region by equipping BIPOC and other shut-out community members to serve on city, county, metro and state boards and commissions. The Reclaiming Our Own Time (ROOT) ecosystem is for BIPOC people to embrace rest and restoration as fundamental pieces of all work toward justice. Whether you have been organizing for decades, are newer to movement work, or are somewhere in between, ROOT's goal is to help you to prioritize building, cultivating, and embracing your rest and rest practices. ROOT's offerings include two sabbatical programs, regular in-person and virtual events, and a monthly curated newsletter containing resources and opportunities
Expenses $806,139 · Grants $160,129 · Revenue $60,472
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Repa Mekha
President and CEO
- Total calculated
- $333,337
- From this org
- $291,381
- From related orgs
- $0
- Other
- $41,956
- Hours/week
- 32
Schedule J breakdown matched by us
- Base
- $291,381
- Bonus
- $0
- Other
- $0
- Deferred
- $26,244
- Nontaxable benefits
- $15,732
- Filer's total
- $333,357
-
Chalonne Faleke
Vice President of Operations
- Total calculated
- $157,045
- From this org
- $127,744
- From related orgs
- $0
- Other
- $29,301
- Hours/week
- 32
-
Danielle Mkali
Senior Director of Community Trust Fund
- Total calculated
- $140,553
- From this org
- $118,145
- From related orgs
- $0
- Other
- $22,408
- Hours/week
- 32
-
Theresa Gardella
Vice President of Programs
- Total calculated
- $137,867
- From this org
- $130,445
- From related orgs
- $0
- Other
- $7,422
- Hours/week
- 32
-
Patience Ferguson
Board Member
- Total calculated
- $0
- Hours/week
- 0.5
-
Niila Hebert
Board Member
- Total calculated
- $0
- Hours/week
- 0.5
-
Amy Morris
Board Member
- Total calculated
- $0
- Hours/week
- 0.5
-
Nasser Mussa
Board Member
- Total calculated
- $0
- Hours/week
- 0.5
-
Funlola Otukoya
Board Member
- Total calculated
- $0
- Hours/week
- 0.5
-
Megan Teare
Board Member
- Total calculated
- $0
- Hours/week
- 0.5
-
Theo Rose
Board Member
- Total calculated
- $0
- Hours/week
- 0.5
-
Carl Crawford
Board Co-Chair
- Total calculated
- $0
- Hours/week
- 0.5
-
Brian Voerding
Board Co-Chair
- Total calculated
- $0
- Hours/week
- 0.5
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
- 1a · Discretionary spending account
- 1a · Health or social club dues or initiation fees
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Form 990 of other organizations
- 3 · Compensation survey or study
- 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
The filer's explanations (Part III)
- Schedule J, Part I, Line 1a
- The Organization paid $50 per month for health club dues. The Organization has a wellness plan that gives $500 a year for wellness.
- Schedule J, Part I, Line 3
- Compensation is based on the most recent Minnesota Council of Nonprofits' salary and benefits survey, which serves as a range.
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
-
$125,000
General Operating
-
In Sisterhood We Brunch
$26,729
General Operating
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 29 September 2025
- IRS schema version
- 2024v5.0
- Source object
- 202512799349302076
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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