Lyndale Neighborhood Association
- Assets
- $459.7k
- Revenue
- $389.8k
- Investments
- $0.0
- Employees
- 11
- Location
- Minneapolis, MN
- Founding
- 01/1992
- Data as of
- 12/2022
- EIN
- 41-1309335
Organization Overview
Lyndale Neighborhood Association is located in Minneapolis, MN. The organization was established in 1992. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Lyndale Neighborhood Association employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lyndale Neighborhood Association is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Lyndale Neighborhood Association generated $389.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.3%) each year. All expenses for the organization totaled $354.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (8.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
BRING PEOPLE TOGETHER TO CREATE A SAFE, VIBRANT, AND SUSTANINABLE COMMUNITY
Describe the Organization's Program Activity:
OUR WORK IMPROVES THE PHYSICAL SPACES OF THE NEIGHBORHOOD AND IMPROVES THE QUALITY OF LIFE FOR THOSE LIVING IN AND AROUND THE LYNDALE NEIGHBORHOOD. WITH MORE THAN 7,400 PEOPLE, LYNDALE IS ONE OF THE MOST DIVERSE NEIGHBORHOODS IN MINNESOTA. LOCATED IN THE HEART OF SOUTH MINNEAPOLIS, OUR NEIGHBORHOOD IS COMPRISED OF PEOPLE FROM ALL WALKS OF LIFE, ALL INCOMES, AND ALL PLACES OF ORIGIN ALL OVER THE PLANET. IN 2022, OUR WORK CONTRIBUTED TO OUR NEIGHBORHOOD BY: PROVIDING APPROXIMATELY 11,800 HOURS OF FREE ENGLISH LANGUAGE AND ADULT BASIC EDUCATION INSTRUCTION TO OVER 200 NEW MINNESOTANS AT 23 COMMUNITY LOCATIONS IN OUR NEIGHBORHOOD. BRINGING TOGETHER NEIGHBORS BY HOSTING MONTHLY COMMUNITY MEETINGS REGARDING DEVELOPMENT PROJECTS, POLICING PRACTICES, AND ROAD CONSTRUCTION PROJECTS. IMPROVING SAFETY IN THE NEIGHBORHOOD THROUGH THE ORGANIZATION OF THE LYNDALE WALKERS NEIGHBORHOOD PATROL. FACILITATING MEETINGS REGARDING NEW PARK AMENITIES COMING TO THE NEIGHBORHOOD. WELCOMED A NEW EXTENDED STAY HOMELESS HOMELESS SHELTER TO OUR NEIGHBORHOOD AND HELPED SET UP TOURS, INFORMATION SESSIONS, AND OPEN COMMUNICATIONS WITH NEIGHBORS. COMMUNICATING IMPORTANT HAPPENINGS THROUGH A BI-LINGUAL PRINTED HANDOUT CALLED THE SOUTH NICOLLET NEWS AND VIA OUR WEEKLY NEIGHBORHOOD EMAIL LIST AND ON OUR WEBSITE, WWW.LYNDALE.ORG. BUILDING OPPORTUNITIES FOR LOCAL BUSINESSES IN THE NEIGHBORHOOD BY ADMINISTERING A BUSINESS FAADE GRANT. ENGAGING MORE THAN 100 ACTIVE VOLUNTEERS IN VARIOUS COMMUNITY BUILDING PROJECTS IN THE NEIGHBORHOOD, INCLUDING OVER 1200 HOURS OF VOLUNTEER TEACHING WITH ADULT ENGLISH LEARNERS. SERVING AS A COMMUNICATION CONDUIT BETWEEN NEIGHBORS, DEVELOPERS AND THE CITY GOVERNMENT ON IMPORTANT LAND ACQUISITIONS AND ZONING CHANGES IN THE NEIGHBORHOOD. ENSURING FOOD SECURITY TO THOSE IN NEED BY DONATING LAND TO MASTER GARDENERS TO GROW OVER 300 POUNDS OF FOOD FOR A LOCAL FOOD SHELF.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Doug Herkenhoff Board Chair | OfficerTrustee | 4 | $0 |
Holly Reckel Vice President | OfficerTrustee | 4 | $0 |
Chaz Larson Secretary | OfficerTrustee | 4 | $0 |
James M Carlisle Secretary | OfficerTrustee | 4 | $0 |
Ed Janezich Treasurer | OfficerTrustee | 4 | $0 |
Caddy Frink Board Member | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $286,097 |
| All other contributions, gifts, grants, and similar amounts not included above | $97,083 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $383,180 |
| Total Program Service Revenue | $2,230 |
| Investment income | $39 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$3,731 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $389,846 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $185,266 |
| Compensation of current officers, directors, key employees. | $1,750 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $5,059 |
| Payroll taxes | $20,487 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,827 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $59,774 |
| Advertising and promotion | $0 |
| Office expenses | $1,968 |
| Information technology | $7,986 |
| Royalties | $0 |
| Occupancy | $8,988 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,668 |
| Insurance | $7,509 |
| All other expenses | $30,180 |
| Total functional expenses | $354,758 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $158,460 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $127,035 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $174,235 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $459,730 |
| Accounts payable and accrued expenses | $8,610 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $26,191 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,810 |
| Total liabilities | $37,611 |
| Net assets without donor restrictions | $422,119 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $459,730 |
Grants Awarded
Over the last fiscal year, Lyndale Neighborhood Association has awarded $22,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
CHOICE PROPERTIES PLUS PURPOSE: Business building improvements | $12,000 |
DAN CAMPO PROPERTIES PURPOSE: Business building improvements | $5,000 |
ZION LUTHERAN PURPOSE: Support for weekly community dinners. | $5,000 |