Du Nord Foundation
- Assets
- $63.6k
- Revenue
- $205.4k
- Investments
- $0.0
- Employees
- 4
- Location
- Minneapolis, MN
- Founding
- Data as of
- 12/2022
- EIN
- 85-1566485
Organization Overview
Du Nord Foundation is located in Minneapolis, MN. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Du Nord Foundation employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Du Nord Foundation 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, Du Nord Foundation generated $205.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (38.9%) each year. All expenses for the organization totaled $324.5k during the year ending 12/2022. 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
LESSENING NEIGHBORHOOD TENSIONS, COMBATING COMMUNITY DETERIORATION & SUPPORTING DIVERSE COMMUNITIES BY SUPPORTING BUSINESS OWNERSHIP, STABILITY & ECONOMIC PROSPERITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY MARKET/FOOD SHELF: THE DU NORD FOUNDATION COMMUNITY MARKET SEES ITSELF AS A BARRIER-FREE FOOD SHELF WITH THE HEART OF A MUTUAL AID ORGANIZATION. UNLIKE MANY TRADITIONAL FOOD SHELVES, WE POSE NO LIMITATIONS ON ACCESS. FOOD SHELVES OFTEN PLACE LIMITS ON THE NUMBER OF TIMES PEOPLE CAN ACCESS AID IN A MONTH, OR ASK FOR PROOF OF NEED, OR PROOF OF RESIDENCY WITHIN A GEOGRAPHIC BOUNDARY. AS A MUTUAL AID ORGANIZATION, WE RELY ON COMMUNITY SUPPORT, COMMUNITY INPUT & TRY TO REMOVE ALL BARRIERS FOR THOSE WHO ACCESS OUR RESOURCES.OUR CORE & FOUNDING STAFF HAS DIRECT EXPERIENCE IN THE HUNGER RELIEF SYSTEM, KNOWING WHAT THE BARRIERS TO FOOD SECURITY HAVE BEEN FOR OUR COMMUNITIES. WE WANTED TO MAKE SURE THAT THIS WASN'T A TRADITIONAL CHARITY APPROACH. WE DON'T THINK OF WHAT WE'RE DOING AS JUST HUNGER RELIEF - IT'S NOT JUST ABOUT FOOD. EVERYTHING THAT WE DO ENCOMPASSES THE HEALTH, SAFETY, DIGNITY & RESPECT OF OUR NEIGHBORS. WE ENSURE THEY HAVE A CHOICE IN EVERY ASPECT OF THEIR EXPERIENCE.IN 2021 THE BARRIER-FREE FOOD SHELF, COMMUNITY MARKET ACCOMPLISHED THE FOLLOWING:INDIVIDUAL NEIGHBORS NOURISHED WITH FREE GROCERIES: 9,485FAMILIES NOURISHED WITH FREE GROCERIES: 3,840CHILDREN NOURISHED: 7,370DISTRIBUTION OF FREE GROCERIES: 178,259 POUNDSREADY TO EAT MEALS: 1,23860% OF OUR FOOD BUDGET WAS SPENT ON FRESH FRUITS & VEGETABLES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Angelica Evens Executive Dir. | Officer | 40 | $49,271 |
Chris Montana President | OfficerTrustee | 1 | $0 |
Shanelle Montana Treasurer | OfficerTrustee | 1 | $0 |
Christine Rexing Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $54,598 |
| All other contributions, gifts, grants, and similar amounts not included above | $146,884 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $201,482 |
| Total Program Service Revenue | $0 |
| Investment income | $236 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $3,645 |
| 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 | $205,363 |
| 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. | $53,949 |
| Compensation of current officers, directors, key employees. | $29,314 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $80,430 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,447 |
| Payroll taxes | $10,758 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $50 |
| Fees for services: Accounting | $6,254 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $1,763 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,500 |
| Advertising and promotion | $825 |
| Office expenses | $8,750 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $38,335 |
| 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 | $2,195 |
| Insurance | $3,541 |
| All other expenses | $0 |
| Total functional expenses | $324,494 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $51,001 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,888 |
| 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 | $2,196 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,474 |
| Total assets | $63,559 |
| Accounts payable and accrued expenses | $183 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $183 |
| Net assets without donor restrictions | $55,726 |
| Net assets with donor restrictions | $7,650 |
| 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 | $63,559 |