Holland Neighborhood Improvement Association
- Assets
- $44.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 3
- Location
- Minneapolis, MN
- Founding
- 03/1986
- Data as of
- 05/2023
- EIN
- 41-1515461
Organization Overview
Holland Neighborhood Improvement Association is located in Minneapolis, MN. The organization was established in 1986. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, under the broad grouping of Housing & Shelter and related organizations. As of 05/2023, Holland Neighborhood Improvement Association employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Holland Neighborhood Improvement 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 05/2023, Holland Neighborhood Improvement Association generated $66.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (18.6%) each year. All expenses for the organization totaled $67.1k during the year ending 05/2023. As we would expect to see with falling revenues, expenses have declined by (15.6%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
HNIA DIRECTS NEIGHBORHOOD RESOURCES AND BRINGS TOGETHER STAKEHOLDERS TO IMPROVE THE HOLLAND NEIGHBORHOOD IN MINNEAPOLIS WITH A FOCUS ON ART, ENERGY, AND THE ENVIRONMENT. IN THE LAST YEAR HNIA SUPPORTED DEVELOPMENT OF 118 AFFORDABLE APARTMENTS AT 2318 JEFFERSON STREET, CONTRIBUTED TO MULTIPLE PIECES OF PUBLIC ART IN THE HOLLAND NEIGHBORHOOD, AND WELCOMED THE COMPLETION OF THE SOLAR CANOPY AT EDISON HIGH SCHOOL WHICH WAS CONSTRUCTED WITH FINANCIAL SUPPORT FROM THE NEIGHBORHOOD.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Margie Siegel President | 3 | $0 | |
Ben Janssens Board Member | 2 | $0 | |
Steve Sylvester Board Member | 3 | $0 | |
Patty Grell Board Member | 3 | $0 | |
Joey Beuning Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $66,555 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $66,555 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $1,446 |
| Professional fees and other payments to independent contractors | $33,858 |
| Occupancy, rent, utilities, and maintenance | $13,718 |
| Printing, publications, postage, and shipping | $7,067 |
| Other expenses | $11,022 |
| Total expenses | $67,111 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $8,233 |
| Other assets | $0 |
| Total assets | $44,452 |
| Total liabilities | $30,500 |
| Net assets or fund balances | $13,952 |