MICROGRANTS

MINNEAPOLIS, MN | Hennepin County
Community Services

Overview

MICROGRANTS
20-4092394
1035 E FRANKLIN AVE
MINNEAPOLIS, MN 55404
Hennepin County
(612) 200-8174

Mission Statement info

FINANCIAL ASSISTANCE

Founded info
2005
Total Employees info
4
Total Volunteers info
10
CRA Category info
  • Community Services
Nonprofit location info
  • LMI Census Tract
  • Majority Minority Census Tract
  • Opportunity Zone
Awards & Certifications info
  • This nonprofit has not received any CRA awards or certifications.
Nonprofit Classification (NTEE Code) info
T30

T - Philanthropy, Voluntarism, and Grantmaking

Public Foundations

Organizations, sometimes referred to as public charities, that derive their funding or support primarily from the general public in carrying out their social, educational, religious or other charitable activities serving the common welfare. Although public foundations may provide direct charitable services to the public as other nonprofits do, their primary focus is on grantmaking.

IRS Activity Codes info
-
Not reported
-
Not reported
-
Not reported
Standard Business Classification (NAICS Code) info
813211
Grantmaking Foundations

CRA Alignment

CRA Category info
Community Services
Social services and other support for low- and moderate-income, homeless or at-risk individuals.
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
$1.2M
Revenue
$1.2M
Assets
$729.9K
Exempt Ruling Date info
2007-01
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
Central 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
1035 E FRANKLIN AVE
MINNEAPOLIS, MN 55404
Hennepin County
FIPS Geocoded Address info
33460
MSA/CBSA info
27
State info
053
County info
1060.00
Tract info
Low
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 83.92%
Designated Distressed Census Tract info
Underserved Census Tract info

Market Data

Census Tract County
1060.00 Hennepin County
Population
Total Population 3,072 1,245,837
Total Households 1,202 508,030
Income
Median Family Income (Census*) $13,611 $78,167
Median Family Income (2019 FFIEC) $93,000 N/A
Tract Income Percentage 16.09% N/A
Below Poverty Level 60.4% 10.4%
Unemployment Level 13.9% 3.8%
Housing
Total Housing Units 1,387 533,880
Total Owner-Occupied Units 10.3% 62.4%
Total Renter-Occupied Units 76.4% 37.6%
Total Vacant Units 13.3% 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

16
Total Voting Members
in Governing Body
info
16
Independent Voting Members
in Governing Body
info
Tax Filing Signatory info
Donald Samuels
Chief Operating Officer
(612) 200-8174
Principal Officer info
Donald Samuels
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.