NORTHSIDE ECONOMIC OPPORTUNITY NETWORK

As filed

Subsection

03

NTEE code

S31

Classification

1000

Street

1007 W BROADWAY AVE

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Other organizations at this address

4 other organizations in the IRS Business Master File list the same street address. matched by us

We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.

• CLOSEKNIT

  EIN 47-4977811

• INNER CITY YOUTH FOUNDATION

  EIN 99-0488326

• NEON BUSINESS FINANCE

  EIN 99-4895458

• NEON REAL ESTATE HOLDING COMPANY

  EIN 99-4854546

Mission and programs · 2023

• IN 2023 NEON SERVED 1,427 CLIENTS, PROVIDED 6,157 HOURS OF TECHNICAL ASSISTANCE, APPROVED AND/OR DISBURSED $722,500 IN LOANS TO BUSINESSES. WE HELPED START 229 BUSINESSES, CREATED 217 JOBS, AND RETAINED 381 JOBS. WE CONDUCTED 11 THINKING ABOUT BUSINESS AND FOOD 101 WORKSHOPS. WE LAUNCHED THE FOOD INDUSTRY COHORT SERIES AND WE HELD 8 EVENTS. 90 PERCENT OF NEON CLIENTS ARE BIPOC AND 80 PERCENT ARE AFRICAN AMERICAN.

  Expenses $1,834,919 · Grants $416,176 · Revenue $240,762

• THE DESTINATION NORTHSIDE COALITION IS A GROUP OF ORGANIZATIONS COMMITTED TO THE LONG-TERM ECONOMIC PROSPERITY OF NORTH MINNEAPOLIS. THE DESTINATION NORTH COALITION SEEKS TO:- TRANSFORM NORTH MINNEAPOLIS INTO A MORE PROSPEROUS, HEALTHY AND THRIVING ENVIRONMENT THAT IS CENTERED ON SUSTAINING A GOOD QUALITY OF LIFE FOR OUR RESIDENTS.- STRENGTHEN NORTHSIDE BUSINESS CORRIDORS AS KEY DESTINATIONS FOR FAMILIES, INDIVIDUALS, STAKEHOLDERS AND VISITORS.- INCREASE NORTH MINNEAPOLIS' VISIBILITY AND VIABILITY AS A DESTINATION WHILE GROWING OUR ASSETS AND BUILDING CULTURAL WEALTH THROUGH GENERATIONS.

  Expenses $70,503

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2023

As listed in Part VII of the 2023 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

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. Earlier years are each on their own filing page.

Filings

• 2023

  Revenue

  $11,896,335

  Expenses

  $2,772,485

  Contributions

  $11,401,045

  Grants paid

  $416,176

• 2022

  Revenue

  $3,342,830

  Expenses

  $3,441,144

  Contributions

  $3,218,354

  Grants paid

  $214,264

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $5,326,140

  Expenses

  $1,910,031

  Assets (EOY)

  $8,534,205

• 2020 · 990

  Revenue

  $3,859,950

  Expenses

  $1,647,805

  Assets (EOY)

  $3,984,432

• 2019 · 990

  Revenue

  $1,335,782

  Expenses

  $1,282,549

  Assets (EOY)

  $566,459

• 2018 · 990

  Revenue

  $921,002

  Expenses

  $1,308,539

  Assets (EOY)

  $547,201

• 2017 · 990

  Revenue

  $1,299,378

  Expenses

  $1,126,318

  Assets (EOY)

  $844,749

• 2016 · 990

  Revenue

  $780,174

  Expenses

  $643,642

  Assets (EOY)

  $580,391

• 2015 · 990

  Revenue

  $537,224

  Expenses

  $360,651

  Assets (EOY)

  $437,937

• 2014 · 990

  Revenue

  $271,592

  Expenses

  $511,667

  Assets (EOY)

  $254,109

• 2013 · 990

  Revenue

  $687,523

  Expenses

  $367,266

  Assets (EOY)

  $483,410

• 2012 · 990

  Revenue

  — not reported

  Expenses

  $497,573

  Assets (EOY)

  $133,970

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

• WILSONS IMAGE BARBERS & STYLISTS

  $235,000

  2023 · SCHOLARSHIPS $200,000, BUSINESS AND GRANT TO SUPPORT THE PREDEVELOPMENT OF THE FIVE POINTS BUILDING $35,000

• HOUSTON WHITE

  $102,000

  2023 · STIPEND FOR BLACK BUSINESS WEEK $2,000 AND GRANT TO SUPPORT IT'S MISSION $100,000

• Dauren LLC

  $25,000

  2022 · Grant to assist entrepreneur.

• HEAL Mpls

  $25,000

  2022 · Grant to assist entrepreneur.

• Voices of Effective Change Inc

  $20,000

  2022 · Grant to assist entrepreneur.

• WOLFPACK PROMOTIONALS

  $18,500

  2023 · ASSISTANCE FOR ACCOUNTING SERVICES

• The Zen Bin

  $18,000

  2022 · Grant to assist entrepreneur.

• Glamorous Life LLC Museum of Self

  $15,000

  2022 · Grant to assist entrepreneur.

• TLC Millimeter Wave Products

  $14,107

  2022 · Grant to assist entrepreneur.

• Better Greens LLC

  $11,000

  2022 · Grant to assist entrepreneur.

The 10 largest by cash amount. The API serves every itemized grant.

Where these grants went next →

Grants received

• GROUNDBREAK COALITION

  $985,000

  2025 · SUPPORT OF GROUNDBREAK COALITION PROGRAM

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $501,200

  2024 · For grant recipient's exempt purposes

• MINNEAPOLIS FOUNDATION

  $357,500

  2023 · PUBLIC AFFAIRS/SOCIETY BENEFIT, DONOR-ADVISED, PUBLIC AFFAIRS/SOCIETY BENEFIT

• CHARITIES AID FOUNDATION AMERICA

  $340,000

  2022 · CHARITABLE DONATION

• MINNEAPOLIS FOUNDATION

  $130,000

  2022 · COMMUNITY & ECONOMIC DEVELOPMENT

• AMERICAN ONLINE GIVING FOUNDATION INC

  $112,021

  2024 · GENERAL SUPPORT

• GREATER TWIN CITIES UNITED WAY

  $78,750

  2025 · PROGRAM COSTS

• GREATER TWIN CITIES UNITED WAY

  $75,000

  2022 · PROGRAM COSTS

• GREATER TWIN CITIES UNITED WAY

  $75,000

  2023 · PROGRAM COSTS

• MINNEAPOLIS FOUNDATION

  $52,500

  2024 · PUBLIC AFFAIRS/SOCIETY BENEFIT

The 10 largest by cash amount. The API serves every itemized grant.

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Other IRS files