Seward Neighborhood Group
- Assets
- $506.0k
- Revenue
- $161.5k
- Investments
- $0.0
- Employees
- 3
- Location
- Minneapolis, MN
- Founding
- 06/1978
- Data as of
- 12/2022
- EIN
- 51-0166930
Organization Overview
Seward Neighborhood Group is located in Minneapolis, MN. The organization was established in 1978. 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, Seward Neighborhood Group employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Seward Neighborhood Group 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, Seward Neighborhood Group generated $161.5k 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 (5.6%) each year. All expenses for the organization totaled $171.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEWARD NEIGHBORHOOD GROUP STRIVES TO STRENGTHEN CIVIC PARTICIPATION IN SEWARD BY ENGAGING, INVOLVING, AND CONNECTING A BROAD RANGE OF STAKEHOLDERS THROUGH FOUR OVERARCHING GOALS: EQUITY, OPERATIONAL SUSTAINABILITY, ENGAGEMENT, COMMUNITY INFRASTRUCTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLICIZING AND HOLDING OVER 60 COMMUNITY MEETINGS WITH AN AVERAGE OF 15 PEOPLE ATTENDING EACH MEETING, FOCUSED ON NEIGHBORHOOD DEVELOPMENT ISSUES SUCH AS VARIANCES AND LICENSING, NEIGHBORHOOD SAFETY CONCERNS, RESIDENTS AND BUSINESS RELATIONSHIPS, WORKING WITH RENTERS, INFRASTRUCTURE AND OTHER ISSUES THAT ARISE IN SEWARD NEIGHBORHOOD. SNG WORKS ON CRIME PREVENTION AND COMMUNITY BUILDING INITIATIVES, WORKING WITH RENTERS, INFRASTRUCTURE AND OTHER ISSUES SUPPORTS EACH OTHER. PROGRAMS INCLUDE SPRING GARAGE SALES DAYS,GARDEN TOUR, WINTER FROLIC AND ARTS FESTIVAL, BIENNIAL FALL FESTIVAL, AND THE ACTIVITIES OF COMMUNITY DEVELOPMENT, COMMUNITY BUILDING, ENVIRONMENT, HISTORY AND CRIME AND SAFETY COMMITTEES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Boehlke Board President | OfficerTrustee | 5 | $0 |
Doug Hicks Vice President | OfficerTrustee | 5 | $0 |
Tami Traeger Vice President | OfficerTrustee | 5 | $0 |
Ron Schlatter Treasurer | OfficerTrustee | 5 | $0 |
Paul Landskroener Secretary | OfficerTrustee | 5 | $0 |
Diann Anders Secretary | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $66,402 |
| All other contributions, gifts, grants, and similar amounts not included above | $16,582 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $82,984 |
| Total Program Service Revenue | $77,606 |
| Investment income | $475 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $462 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $161,527 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,000 |
| 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. | $31,767 |
| Compensation of current officers, directors, key employees. | $6,353 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $56,789 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,775 |
| Fees for services: Management | $22,250 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,530 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $17,401 |
| Fees for services: Other | $0 |
| Advertising and promotion | $850 |
| Office expenses | $678 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $14,033 |
| 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 | $635 |
| Insurance | $2,266 |
| All other expenses | $0 |
| Total functional expenses | $171,646 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $402,730 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $61,897 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $41,413 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $506,040 |
| Accounts payable and accrued expenses | $0 |
| 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 | $41,413 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $41,413 |
| Net assets without donor restrictions | $454,892 |
| Net assets with donor restrictions | $9,735 |
| 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 | $506,040 |