Liabilities / Assets
92nd percentile
Higher debt load relative to assets than 92% of similar nonprofits.
990 • Fiscal year 2023 • EIN 27-0540267
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
92nd percentile
Higher debt load relative to assets than 92% of similar nonprofits.
Liabilities / Revenue
92nd percentile
Higher debt load relative to revenue than 92% of similar nonprofits.
Net Margin
65th percentile
Higher net margin than 65% of similar nonprofits.
Top Officer Pay
97th percentile
Higher top officer pay than 97% of similar nonprofits.
Top officer pay equals 25.6% of source-year revenue.
Asset Growth
43rd percentile
Faster asset growth than 43% of similar nonprofits.
Revenue Growth
30th percentile
Faster revenue growth than 30% of similar nonprofits.
Assets
Down$209,876
Down $4,460 (-2.1%) from 2022
Net Assets
Up$54,907
Up $29,209 (+114%) from 2022
Liabilities
Down$154,969
Down $33,669 (-18%) from 2022
Revenue
Down$311,938
Down $49,399 (-14%) from 2022
Expenses
Down$273,899
Down $60,621 (-18%) from 2022
Net Income
Up$38,039
Up $11,222 (+42%) from 2022
Impact hub msp is dedicated to provide what today's impact innovators need to achieve their vision. Impact hub msp accelerates social impact by 1) curating experiences that activate economic participation, 2) cultivating peer learning and industry-to-industry collaboration, 3) building a state of the art physical space for entrepreneurs and innovators, 4) connecting to a global network of change makers as an impact hub.
Accelerate social impact achieved by entrepreneurs, creatives, and change makers.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Accounts Receivable | $21,600 | $151,000 | ▲ $129,400 |
| Cash and Non-Interest-Bearing Accounts | $172,358 | $46,196 | ▼ $126,162 |
| Prepaid Expenses and Deferred Charges | $11,211 | $11,211 | → $0 |
| Land, Buildings, and Equipment, Net | $9,167 | $1,469 | ▼ $7,698 |
| Total Assets | $214,336 | $209,876 | ▼ $4,460 |
| Liabilities | |||
| Unsecured Notes Loans Payable | $152,771 | $142,437 | ▼ $10,334 |
| Accounts Payable and Accrued Expenses | $34,200 | $10,865 | ▼ $23,335 |
| Deferred Revenue | $1,667 | $1,667 | → $0 |
| Total Liabilities | $188,638 | $154,969 | ▼ $33,669 |
| Net Assets / Fund Balance | |||
| Net Assets With Donor Restrictions | $60,000 | $0 | ▼ $60,000 |
| Net Assets Without Donor Restrictions | $-34,302 | $54,907 | ▲ $89,209 |
| Total Net Assets Fund Balance | $25,698 | $54,907 | ▲ $29,209 |
| Total Liabilities and Net Assets / Fund Balance | $214,336 | $209,876 | ▼ $4,460 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $1,469 | $81,103 | $82,572 |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Katie Kalkman | Executive Director | PT | $80,000 | $80,000 |
| Name | Title |
|---|---|
| Kate Dehmer | Board Chair |
| Miranda Noll | Vice Chair |
| Archana Shah | Director |
| Michelle Maryns | Director |
| Ned Zimmerman-bence | Director |
| Terri Barreiro | Secretary |
| Judy Jandro | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $145,630 |
| Salaries, Compensation, and Employee Benefits | $128,269 |
| Total Fundraising Expense | $6,199 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Occupancy | $57,428 | $21,158 | $2,015 | $80,601 |
| Current Officers, Directors, Trustees, and Key Employees | $57,000 | $21,000 | $2,000 | $80,000 |
| Payroll Taxes | $22,923 | $8,445 | $804 | $32,172 |
| Fees for Services Other | $3,393 | $14,783 | - | $18,176 |
| Other Salaries and Wages | $11,469 | $4,226 | $402 | $16,097 |
| Depreciation Depletion | $5,485 | $2,020 | $192 | $7,697 |
| Information Technology | $3,336 | $1,229 | $117 | $4,682 |
| Insurance | $3,206 | $1,182 | $112 | $4,500 |
| Interest | $1,924 | - | - | $1,924 |
| Advertising | $1,221 | - | - | $1,221 |
| Other Expenses | $1,106 | $475 | $45 | $1,106 |
| Fees for Services Accounting | - | $930 | - | $930 |
| Office Expenses | $341 | $126 | $13 | $480 |
| Total Functional Expenses | $186,881 | $80,819 | $6,199 | $273,899 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“The form 990 is prepared by an independent public accounting firm using information provided by the organization. Once a draft of the return is ready, all board members will receive a copy at a board meeting and will review and discuss before filing.”
“"the conflict of interest policy is directed at directors, officers, and all employees who can influence the actions of the minnesota social impact hub. This includes all who make purchasing decisions, all persons who might be described as 'management personnel and anyone who has proprietary information concerning the minnesota social hub. Disclosure in the organization should be made to the executive director (or, if she or he is the one with the conflict, then to the board chair), who shall bring the matter to the attention of the board or a duly constituted committee thereof. Disclosure involving directors should be made to the board chair (or, if she or he is the one with the conflict, then to the board secretary), who shall bring these matters to the board or a duly constituted committee thereof. The board, or a duly constituted committee thereof, shall determine whether a conflict exists and, in the case of an existing conflict, whether the contemplated transaction may be authorized as just, fair, and reasonable to minnesota social impact hub. The decision of the board or a duly constituted committee thereof on these matters will rest in their sole discretion, and their concern must be the welfare of the minnesota social impact hub and the advancement of its purpose."”
“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request to the board chair”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 34200 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 10865 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 21600 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 151000 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | ACCELERATE SOCIAL IMPACT ACHIEVED BY ENTREPRENEURS, CREATIVES, AND CHANGE MAKERS. |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 1221 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 1221 |
| IRS990/AllOtherContributionsAmt | 0 | 236639 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | THE ORGANIZATION |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 6513182800 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 825 WASHINGTON AVE SE |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | MINNEAPOLIS |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 55414 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 172358 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 46196 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt | 0 | 2000 |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 21000 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 57000 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 80000 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 263631 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 0 |
| IRS990/CYOtherExpensesAmt | 0 | 145630 |
| IRS990/CYOtherRevenueAmt | 0 | 100 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 48207 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 38039 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 128269 |
| IRS990/CYTotalExpensesAmt | 0 | 273899 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 6199 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 311938 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 1667 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 1667 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/FundraisingAmt | 0 | 192 |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 2020 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 5485 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 7697 |
| IRS990/Desc | 0 | SOCIAL ENTREPRENEURSHIP SUPPORT: PROVIDE CO-WORKING SPACE, ACCESS TO EXPERTS, SPECIALIZED TRAININGS, AND CONNECTIONS TO OTHER ENTREPRENEURS AROUND THE WORLD AS WELL AS IDENTIFYING AND ENGAGING RESOURCES AND INSTITUTIONS THAT SUPPORT SOCIAL ENTREPRENEURS TO INCREASE THE BREADTH OF SERVICES IN THE REGION. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRestrictionNetAssetsGrp/BOYAmt | 0 | 60000 |
| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 5 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 186881 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 930 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 930 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 14783 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 3393 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 18176 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 2.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 32.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | KATE DEHMER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | JUDY JANDRO |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | TERRI BARREIRO |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | MICHELLE MARYNS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | ARCHANA SHAH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | MIRANDA NOLL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | NED ZIMMERMAN-BENCE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | KATIE KALKMAN |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 80000 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | BOARD CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | VICE CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | EXECUTIVE DIRECTOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2009 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedInd | 0 | 0 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 5 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 311938 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 5 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/FundraisingAmt | 0 | 117 |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 1229 |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 3336 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 4682 |
| IRS990/InsuranceGrp/FundraisingAmt | 0 | 112 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 1182 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 3206 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 4500 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 1924 |
| IRS990/InterestGrp/TotalAmt | 0 | 1924 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 1 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 81103 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 9167 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 1469 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 82572 |
| IRS990/LegalDomicileStateCd | 0 | MN |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembershipDuesAmt | 0 | 26992 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingCashInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | ACCELERATE SOCIAL IMPACT ACHIEVED BY ENTREPRENEURS, CREATIVES, AND CHANGE MAKERS. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 25698 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 54907 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | -34302 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 54907 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/FundraisingAmt | 0 | 2015 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 21158 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 57428 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 80601 |
| IRS990/OfficeExpensesGrp/FundraisingAmt | 0 | 13 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 126 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 341 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 480 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | MISCELLANEOUS |
| IRS990/OtherExpensesGrp/Desc | 1 | BANK AND CREDIT CARD FE |
| IRS990/OtherExpensesGrp/Desc | 2 | PRINTING AND COPYING |
| IRS990/OtherExpensesGrp/Desc | 3 | PROGRAM EXPENSES |
| IRS990/OtherExpensesGrp/FundraisingAmt | 0 | 499 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 1 | 45 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 5245 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 475 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 14233 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 2529 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 1287 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 1106 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 19977 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 2529 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 1807 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 1106 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | ACTIVE FEE |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 100 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 100 |
| IRS990/OtherRevenueTotalAmt | 0 | 100 |
| IRS990/OtherSalariesAndWagesGrp/FundraisingAmt | 0 | 402 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 4226 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 11469 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 16097 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/FundraisingAmt | 0 | 804 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 8445 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 22923 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 32172 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 11211 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 11211 |
| IRS990/PrincipalOfficerNm | 0 | KATIE KALKMAN |
| IRS990/PriorPeriodAdjustmentsAmt | 0 | -8830 |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | PROGRAM SERVICE FEES |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 48207 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 48207 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 169873 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 150874 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 191464 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 26817 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 183646 |
| IRS990/PYTotalExpensesAmt | 0 | 334520 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 361337 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 38039 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 263631 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 263631 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 169873 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 236838 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 218989 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 246314 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 1135645 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 2 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 185 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 187 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 378720 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt | 0 | 100 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 2 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 185 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 287 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.43750 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.18360 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 497033 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 638612 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 263631 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 169873 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 236838 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 218989 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 246314 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 1135645 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 1136119 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 1469 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 81103 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 82572 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 1469 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE FORM 990 IS PREPARED BY AN INDEPENDENT PUBLIC ACCOUNTING FIRM USING INFORMATION PROVIDED BY THE ORGANIZATION. ONCE A DRAFT OF THE RETURN IS READY, ALL BOARD MEMBERS WILL RECEIVE A COPY AT A BOARD MEETING AND WILL REVIEW AND DISCUSS BEFORE FILING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | "THE CONFLICT OF INTEREST POLICY IS DIRECTED AT DIRECTORS, OFFICERS, AND ALL EMPLOYEES WHO CAN INFLUENCE THE ACTIONS OF THE MINNESOTA SOCIAL IMPACT HUB. THIS INCLUDES ALL WHO MAKE PURCHASING DECISIONS, ALL PERSONS WHO MIGHT BE DESCRIBED AS 'MANAGEMENT PERSONNEL AND ANYONE WHO HAS PROPRIETARY INFORMATION CONCERNING THE MINNESOTA SOCIAL HUB. DISCLOSURE IN THE ORGANIZATION SHOULD BE MADE TO THE EXECUTIVE DIRECTOR (OR, IF SHE OR HE IS THE ONE WITH THE CONFLICT, THEN TO THE BOARD CHAIR), WHO SHALL BRING THE MATTER TO THE ATTENTION OF THE BOARD OR A DULY CONSTITUTED COMMITTEE THEREOF. DISCLOSURE INVOLVING DIRECTORS SHOULD BE MADE TO THE BOARD CHAIR (OR, IF SHE OR HE IS THE ONE WITH THE CONFLICT, THEN TO THE BOARD SECRETARY), WHO SHALL BRING THESE MATTERS TO THE BOARD OR A DULY CONSTITUTED COMMITTEE THEREOF. THE BOARD, OR A DULY CONSTITUTED COMMITTEE THEREOF, SHALL DETERMINE WHETHER A CONFLICT EXISTS AND, IN THE CASE OF AN EXISTING CONFLICT, WHETHER THE CONTEMPLATED TRANSACTION MAY BE AUTHORIZED AS JUST, FAIR, AND REASONABLE TO MINNESOTA SOCIAL IMPACT HUB. THE DECISION OF THE BOARD OR A DULY CONSTITUTED COMMITTEE THEREOF ON THESE MATTERS WILL REST IN THEIR SOLE DISCRETION, AND THEIR CONCERN MUST BE THE WELFARE OF THE MINNESOTA SOCIAL IMPACT HUB AND THE ADVANCEMENT OF ITS PURPOSE." |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST TO THE BOARD CHAIR |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | MN |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
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| IRS990/TotalAssetsEOYAmt | 0 | 209876 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 214336 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 209876 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalContributionsAmt | 0 | 263631 |
| IRS990/TotalEmployeeCnt | 0 | 5 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 6199 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 80819 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 186881 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 273899 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 188638 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 154969 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 188638 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 154969 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 25698 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 54907 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 186881 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 48207 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 80000 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 48307 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 311938 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 25 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 214336 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 209876 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt | 0 | 152771 |
| IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt | 0 | 142437 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 825 WASHINGTON AVE SE |
| IRS990/USAddress/CityNm | 0 | MINNEAPOLIS |
| IRS990/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990/USAddress/ZIPCd | 0 | 55414 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 5 |
| IRS990/VotingMembersIndependentCnt | 0 | 5 |
| IRS990/WebsiteAddressTxt | 0 | MINNEAPOLIS.IMPACTHUB.NET |
| IRS990/WhistleblowerPolicyInd | 0 | 1 |
| ReturnHeader/BuildTS | 0 | 2024-10-15 13:58:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | KATIE KALKMAN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | EXECUTIVE DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6513182800 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2024-11-14 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | IMPACT HUB MSP |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | IMPA |
| ReturnHeader/Filer/EIN | 0 | 270540267 |
| ReturnHeader/Filer/PhoneNum | 0 | 6513182800 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 825 WASHINGTON AVE SE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | MINNEAPOLIS |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 55414 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 0 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 411534805 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | CARPENTER EVERT & ASSOCIATES LTD |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 7760 FRANCE AVE S SUITE 940 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | BLOOMINGTON |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 55435 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9528310085 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2024-11-14 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | NEAL EVERT |
| ReturnHeader/ReturnTs | 0 | 2024-11-15T13:31:50-06:00 |
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Displayed year
2023 • Form 990Detailed filing. Detailed filing data is available for this year.