LITTLE BROTHERS FRIENDS OF THE ELDERLY MINNEAPOLIS CHAPTER

MINNEAPOLIS, MN | Hennepin County
Service in LMI/CRA Geography

Overview

LITTLE BROTHERS FRIENDS OF THE ELDERLY MINNEAPOLIS CHAPTER
41-0986200
1845 E LAKE ST
MINNEAPOLIS, MN 55407
Hennepin County
(612) 746-0753

Mission Statement info

LBFE IS A NATIONAL NETWORK OF NON-PROFIT VOLUNTEER-BASED ORGANIZATIONS COMMITTED TO RELIEVING ISOLATION AND LONELINESS AMONG THE ELDERLY. WE OFFER TO PEOPLE OF GOODWILL THE OPPORTUNITY TO JOIN THE ELDERLY IN FRIENDSHIP AND CELEBRATION OF LIFE.

Founded info
1972
Total Employees info
8
Total Volunteers info
683
CRA Category info
  • Service in LMI/CRA Geography
Nonprofit location info
  • LMI Census Tract
  • Majority Minority Census Tract
Awards & Certifications info
  • This nonprofit has not received any CRA awards or certifications.
Nonprofit Classification (NTEE Code) info
P81

P - Human Services

Senior Centers

Organizations that provide or coordinate a wide variety of programs and services that meet the needs and interests of the senior population. Also included are organizations that administer funding for senior services under Title III of the Older Americans Act.

IRS Activity Codes info
575
Services for the aged
560
Supplying money, goods or services to the poor
153
Care and housing for the aged
Standard Business Classification (NAICS Code) info
624120
Services for the Elderly and Persons with Disabilities

CRA Alignment

CRA Category info
Service in LMI/CRA Geography
CRA Certification info
Has not applied.
Awards & Certifications info
Community Development Financial Institution info
Community Development Financial Institution Award Recipient info
New Market Tax Credit Recipient info
HUD Counseling Agency info
Low Income Housing Tax Credit Recipient info

IRS Summary

Income
$780.3K
Revenue
$775.5K
Assets
$1.3M
Exempt Ruling Date info
2010-04
Deductibility Status info
Deductible
Tax Filing Year info
2018
Organization Type info
Corporation
Organization Tax Filing Status info
990 (all other) or 990EZ return
Foundation Tax Filing Status info
990-PF not required by IRS
Affiliation Classification info
Independent Organization
States Where Tax Return is Filed info
MN
Basis for Foundation/Public Charity Status info
Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
IRS Reported Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

Nonprofit Location

Physical Address info
1845 E LAKE ST
MINNEAPOLIS, MN 55407
Hennepin County
FIPS Geocoded Address info
33460
MSA/CBSA info
27
State info
053
County info
1086.00
Tract info
Moderate
Income Level info
Core-Based Statistical Area info
Minneapolis-St. Paul-Bloomington, MN-WI
Combined Statistical Area info
Minneapolis-St. Paul, MN-WI
Metropolitan Division info
Not located in an MD.
Area Type info
Metropolitan Statistical Area
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 63.62%
Designated Distressed Census Tract info
Underserved Census Tract info

Market Data

Census Tract County
1086.00 Hennepin County
Population
Total Population 3,070 1,245,837
Total Households 1,024 508,030
Income
Median Family Income (Census*) $43,839 $78,167
Median Family Income (2019 FFIEC) $93,000 N/A
Tract Income Percentage 51.82% N/A
Below Poverty Level 25.4% 10.4%
Unemployment Level 5.8% 3.8%
Housing
Total Housing Units 1,120 533,880
Total Owner-Occupied Units 45.6% 62.4%
Total Renter-Occupied Units 45.8% 37.6%
Total Vacant Units 8.6% 4.5%
* Census tract income based on 2019 Census estimated data; County income based on 2019 American Community Survey data.
View more than 200 performance context data points for this county now.

Management

12
Total Voting Members
in Governing Body
info
12
Independent Voting Members
in Governing Body
info
Tax Filing Signatory info
Joseph Bostrom
Treasurer
(612) 746-0753
Principal Officer info
Joseph Bostrom
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Wistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting info
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grand Audit Performed

"NA" in this section indicates that the information was not available in the nonprofit's most recent IRS tax filing.

This Nonprofit Profile was automatically created by findCRA based on data available from publicly available government and industry sources and our own research. This Nonprofit Profile is not currently maintained by, endorsed by, or affiliated with this nonprofit. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit www.learncra.com.