Civic Intelligence

West Broadway Business & Area Coalition

990 • Fiscal year 2023 • EIN 41-1985423

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 14, 2024

Organization ProfileWWW.WESTBROADWAY.ORG
1501 W Broadway Ave Suite 2BMinneapolis, MN 55411

(612) 353-5178

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

36th percentile

0.02x

Higher debt load relative to assets than 36% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.15x

Higher debt load relative to revenue than 59% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

2nd percentile

-207%

Higher net margin than 2% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

63rd percentile

$91,118

Higher top officer pay than 63% of similar nonprofits.

Top officer pay equals 32.6% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

7th percentile

-21%

Faster asset growth than 7% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

80th percentile

41%

Faster revenue growth than 80% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets36th percentile

Assets

Down

$2,193,522

Down $591,922 (-21%) from 2022

Net Assets

Down

$2,152,412

Down $577,776 (-21%) from 2022

Liabilities

Down

$41,110

Down $14,146 (-26%) from 2022

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin2nd percentile

Revenue

Up

$279,441

Up $81,545 (+41%) from 2022

Expenses

Down

$857,216

Down $1,756,871 (-67%) from 2022

Net Income

Up

-$577,775

Up $1,838,416 (+76%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth7th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0-$2.0MAssets 2010: $209,329Liabilities 2010: $177,500Net Assets 2010: $31,8292010Assets 2011: $186,154Liabilities 2011: $171,710Net Assets 2011: $14,4442011Assets 2012: $161,580Liabilities 2012: $164,152Net Assets 2012: -$2,5722012Assets 2013: $308,644Liabilities 2013: $164,354Net Assets 2013: $144,2902013Assets 2014: $412,429Liabilities 2014: $166,514Net Assets 2014: $245,9152014Assets 2015: $605,969Liabilities 2015: $413,909Net Assets 2015: $192,0602015Assets 2016: $433,393Liabilities 2016: $163,923Net Assets 2016: $269,4702016Assets 2017: $405,555Liabilities 2017: $557Net Assets 2017: $404,9982017Assets 2018: $254,017Liabilities 2018: $32Net Assets 2018: $253,9852018Assets 2019: $123,943Liabilities 2019: $0Net Assets 2019: $123,9432019Assets 2020: $5,222,481Liabilities 2020: $54,990Net Assets 2020: $5,167,4912020Assets 2021: $5,268,017Liabilities 2021: $121,638Net Assets 2021: $5,146,3792021Assets 2022: $2,785,444Liabilities 2022: $55,256Net Assets 2022: $2,730,1882022Assets 2023: $2,193,522Liabilities 2023: $41,110Net Assets 2023: $2,152,4122023Assets 2024: $1,628,314Liabilities 2024: $43,053Net Assets 2024: $1,585,2612024

Highlighted filing

2023

Assets$2,193,522
Liabilities$41,110
Net Assets$2,152,412
Open 2023 Filing

Operations Trend

Revenue Growth80th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2010: $263,838Expenses 2010: $257,713Net Income 2010: $6,1252010Revenue 2011: $290,332Expenses 2011: $307,717Net Income 2011: -$17,3852011Expenses 2012: $410,8112012Revenue 2013: $474,356Expenses 2013: $327,496Net Income 2013: $146,8602013Revenue 2014: $522,053Expenses 2014: $420,428Net Income 2014: $101,6252014Revenue 2015: $643,587Expenses 2015: $697,442Net Income 2015: -$53,8552015Revenue 2016: $691,611Expenses 2016: $614,201Net Income 2016: $77,4102016Revenue 2017: $519,154Expenses 2017: $547,436Net Income 2017: -$28,2822017Revenue 2018: $282,814Expenses 2018: $433,827Net Income 2018: -$151,0132018Revenue 2019: $332,764Expenses 2019: $462,804Net Income 2019: -$130,0402019Revenue 2020: $5,773,794Expenses 2020: $778,054Net Income 2020: $4,995,7402020Revenue 2021: $711,000Expenses 2021: $732,111Net Income 2021: -$21,1112021Revenue 2022: $197,896Expenses 2022: $2,614,087Net Income 2022: -$2,416,1912022Revenue 2023: $279,441Expenses 2023: $857,216Net Income 2023: -$577,7752023Revenue 2024: $406,331Expenses 2024: $973,482Net Income 2024: -$567,1512024

Highlighted filing

2023

Revenue$279,441
Expenses$857,216
Net Income-$577,775
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 14, 2024
Return Version
2023v5.0
Gross Receipts
$279,441
Mission and Program Overview

Mission

The west broadway business & area coalition leads initiatives to bring businesses, non-profit organizations, and neighbors together ti create inviting and vital west broadway corridor that will transform the northside into a thriving economic community.

The West Broadway Business Coalition leads initiatives to bring businesses, non-profit organizations, and neighbors together to create an inviting and vital west Broadway corridor that will transform the Northside into a thriving economic community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$21,268$1,942,259▲ $1,920,991
Pledges and Grants Receivable$96,221$206,192▲ $109,971
Cash and Non-Interest-Bearing Accounts$2,654,489$26,972▼ $2,627,517
Land, Buildings, and Equipment, Net$7,148$9,896▲ $2,748
Prepaid Expenses and Deferred Charges$6,118$7,545▲ $1,427
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$2,785,444$2,193,522▼ $591,922
Other Assets Total$200$658▲ $458
Liabilities
Accounts Payable and Accrued Expenses$55,256$41,110▼ $14,146
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0--
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$55,256$41,110▼ $14,146
Net Assets / Fund Balance
Net Assets With Donor Restrictions$2,125,175$1,351,324▼ $773,851
Net Assets Without Donor Restrictions$605,013$801,088▲ $196,075
Total Net Assets Fund Balance$2,730,188$2,152,412▼ $577,776
Total Liabilities and Net Assets / Fund Balance$2,785,444$2,193,522▼ $591,922

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$9,896$6,016$15,912
Buildings$0$0$0
Other Land Buildings$0$0$0
Land$0-$0
Leasehold Improvements$0$0$0
Compensation and Service Providers
Top Officer Pay63rd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Kristel PorterExecutive DirectorFT$91,118$91,118

Board Members and Trustees

NameTitle
Tara WatsonPresident
Jackie CherryhomesVice President
James ScottBoard Member
Justin BaylorBoard Member
Patricia CarterBoard Member
Teto WilsonBoard Member
Todd SmithBoard Member
Emma DeppaBoard Secretary
Ravie SinghSecretary
Dean RoseTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$239,495
Program Service Revenue
$0
Investment Income
$35,226
Other Revenue
$4,720
All Other Contributions
$107,679
Change in Net Assets
$-577,775
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$388,061
Salaries, Compensation, and Employee Benefits$354,522
Grants and Similar Amounts Paid$114,633
Total Fundraising Expense$84,888
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$172,204$12,092$54,700$238,996
Other Salaries and Wages$163,978$26,647$14,348$204,973
Grants to Domestic Orgs$114,633--$114,633
Current Officers, Directors, Trustees, and Key Employees$72,894$11,846$6,378$91,118
Payroll Taxes$27,946$4,541$2,445$34,932
Information Technology$27,456$4,462$2,402$34,320
Fees for Services Accounting$0$31,044$0$31,044
Occupancy$21,091$3,718$1,846$26,655
Advertising$24,639$0$0$24,639
Other Employee Benefits$18,799$3,055$1,645$23,499
Office Expenses$11,884$1,931$1,040$14,855
Conferences and Meetings$12,431$53$0$12,484
Depreciation Depletion$0$2,194$0$2,194
Other Expenses$0$1,672$0$1,672
Insurance$962$156$84$1,202
Total Functional Expenses$668,917$103,411$84,888$857,216
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
West Broadway Business and Area CoalitionMinneapolis, MN-Broadway Beautiful grant-planters for the corridor$25,000
Kemps LLCMinneapolis, MN-Broadway Beautiful grant - Mural$15,000
Al-Bosaad IncorporatedMinneapolis, MN-Great Streets matching grant - New doors and canopy's on 3 store fronts.$10,000
Bar BravaMinneapolis, MN-Broadway Beautiful grant- outside tuckpointing$10,000
Digital Music CityMinneapolis, MN-Broadway Beautiful grant - windows lighting$10,000
Get Ready RoomsMinneapolis, MN-Broadway Beautiful grant - Signage$10,000
Lowry Ave PropertiesMinneapolis, MN-Great Streets matching grant - Remove and replace brick on the front of the building. Masonry.$10,000
K's Grocery and DeliMinneapolis, MN-Great Streets matching grant - signage$9,000
Bar BravaMinneapolis, MN-Great Streets matching grant - outside tuckpointing$7,500
Landmark 201 West Broadway LLCMinneapolis, MN-Great Streets matching grant- Exterior painting & trim$6,688
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The 990 is carefully reviewed by the Finance Committee, then provided to the board of directors for review and approval.”

Form 990, Part VI, Section B, Line 15

“The executive committee reviews comparable market data and presentd to the board for a vote to determine the compensation of the Executive Director.”

Form 990, Part VI, Section C, Line 19

“Upon Request.”

Filing and Contact Details

Filer

Filer Name
West Broadway Area Coalition
EIN
41-1985423
Phone
6123535178
Address
1501 W Broadway Ave Suite 2B, Minneapolis, MN 55411

Signing Officer

Name
James Scott
Title
Treasurer
Phone
6128670626
Signed
2024-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kristel Porter
Formed
2004
Legal Domicile
Mn
Voting Board Members
4
Independent Board Members
4
Employees
7
Volunteers
15

Preparer

Firm
Accounting Angel LLC
Address
520 Yosemite Ave N, Golden Valley, MN 55422
Preparer
Acacia Willey
Phone
6128404220
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Grantwriting $54,700.00; Event Contractor $69,378.00; Contracted Project Specialist $62,083.00; Event Planning/Coordination $30,000.00; Social Media Contractor $9,375.00; Office Move Contractors $5,540.00; Board Consultant $6,050.00; Janitorial Services $1,870.00.”

Form 990, Part XI, Line 9

“Rounding adjustment”

Raw XML AppendixShowing 400 of 608 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt5Treasurer
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IRS990/GainOrLossGrp/OtherAmt00
IRS990/GainOrLossGrp/SecuritiesAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GovernmentGrantsAmt0125391
IRS990/GrantAmt00
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0114633
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0114633
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0279441
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IncmFromInvestBondProceedsGrp/ExclusionAmt00
IRS990/IncmFromInvestBondProceedsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IncmFromInvestBondProceedsGrp/UnrelatedBusinessRevenueAmt00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt02402
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt04462
IRS990/InformationTechnologyGrp/ProgramServicesAmt027456
IRS990/InformationTechnologyGrp/TotalAmt034320
IRS990/InsuranceGrp/FundraisingAmt084
IRS990/InsuranceGrp/ManagementAndGeneralAmt0156
IRS990/InsuranceGrp/ProgramServicesAmt0962
IRS990/InsuranceGrp/TotalAmt01202
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt035226
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt035226
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt021
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt06016
IRS990/LandBldgEquipBasisNetGrp/BOYAmt07148
IRS990/LandBldgEquipBasisNetGrp/EOYAmt09896
IRS990/LandBldgEquipCostOrOtherBssAmt015912
IRS990/LegalDomicileStateCd0MN
IRS990/LoanOutstandingInd00
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt04925
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/ExclusionAmt00
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt04720
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt04720
IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/MissionDesc0The West Broadway Business Coalition leads initiatives to bring businesses, non-profit organizations, and neighbors together to create an inviting and vital West Broadway corridor that will transform the Northside into a thriving economic community.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt02730188
IRS990/NetAssetsOrFundBalancesEOYAmt02152412
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0605013
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0801088
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt01846
IRS990/OccupancyGrp/ManagementAndGeneralAmt03718
IRS990/OccupancyGrp/ProgramServicesAmt021091
IRS990/OccupancyGrp/TotalAmt026655
IRS990/OfficeExpensesGrp/FundraisingAmt01040
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01931
IRS990/OfficeExpensesGrp/ProgramServicesAmt011884
IRS990/OfficeExpensesGrp/TotalAmt014855
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0200
IRS990/OtherAssetsTotalGrp/EOYAmt0658
IRS990/OtherChangesInNetAssetsAmt0-1
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt01645
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt03055
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt018799
IRS990/OtherEmployeeBenefitsGrp/TotalAmt023499
IRS990/OtherExpensesGrp/Desc0Dues and Fees
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01672
IRS990/OtherExpensesGrp/ProgramServicesAmt00
IRS990/OtherExpensesGrp/TotalAmt01672
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherRevenueTotalAmt04720
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt014348
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt026647
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0163978
IRS990/OtherSalariesAndWagesGrp/TotalAmt0204973
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt02445
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04541
IRS990/PayrollTaxesGrp/ProgramServicesAmt027946
IRS990/PayrollTaxesGrp/TotalAmt034932
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt096221
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0206192
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06118
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt07545
IRS990/PrincipalOfficerNm0Kristel Porter
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0Outreach/Events: Black Business Week- WBC partners with the City of Minneapolis every last week in July to host Black Business Week. This is a 2 day event that brings together Black-owned businesses together to share, learn from each other, and to boost their sales and exposure. Day one consists of a formal business event highlighting prominent Black Business Owners throughout the country. Day 2 WBC hosts an outdoor pop-up street mall, where the community can shop for all their favorite products from Black-owned businesses in one place. Open Streets West Broadway- WBC has been hosting Open Streets West Broadway since 2011. This event has grown immensely from its inception and enjoys over 300 vendors every year. Open Streets West Broadway is led by WBC and partners with the City of Minneapolis, is supported by partner organizations along West Broadway Avenue to celebrate our community's commerce, programs and residents. This 17-block event happens in September and closes down our main business corridor in North Minneapolis and allows businesses to set up shop in the street. Bringing the businesses to the people and the entire city and surrounding twin cities area to the Northside so they may enjoy our rich culture and to be introduced to our narrative of the Northside. Black Friday on West Broadway- Created by 2 black-women business owners in North Minneapolis; WBC and Northside Economic Opportunity Network partnered with them to produce an event that allowed consumer conscious patrons in the Twin Cities to support an event that competed with big box stores, allowing a space where small business owners, artists, and curators could successfully sell their products to a wide audience for 2 days following the Thanksgiving holiday. 4c. (keep the same) West Broadway Business and Area Coalition (WBC) hosted its largest ever, 13th Annual Open Streets West Broadway, street fair. WBC activated a vacated Storefront in for three months from October-December to provide space for local entrepreneurs to sell their goods and services. 1. WBC provides the West Broadway Avenue Corridor with an Ambassador program that works to beautify and maintain the avenue. 2. WBC staff maintains regular chek-ins with Ambassadors to ensure that issues are addressed in a timely manner and in order to maintain a safe corridor. In 2023, they worked over 600 hours to remove 9,000 pounds of waste from the corridor. 3. WBC hosted many successful workshops and events, and in total, we enjoyed the company of over 12,000 attendees and 339 vendors throughout 2023. 4. WBC worked to provide Business Technical Assistance to 51 business owners.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0419905
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProgSrvcAccomActy3Grp/Desc0Corridor Recovery - Restore North and other grants or services provided to businesses and nonprofit organizations whose location of operation in North Minneapolis were impacted by the civil unrest that followed the murder of George Floyd and the aftermath of the economic effects of COVID.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0224727
IRS990/ProgSrvcAccomActy3Grp/GrantAmt0114633
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0197896
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01878027
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0510369
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-2416191
IRS990/PYSalariesCompEmpBnftPaidAmt0225691
IRS990/PYTotalExpensesAmt02614087
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0197896
IRS990/QuidProQuoContributionsInd00
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-577775
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt021268
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01942259
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0264495
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0197896
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0707550
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt05773519
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0288597
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt07232057
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt035226
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt099
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt035325
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.80428
IRS990ScheduleA/PublicSupportPY170Pct00.79625
IRS990ScheduleA/PublicSupportTotal170Amt05845045
IRS990ScheduleA/SubstantialContributorsTotAmt01387012
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0264495
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0197896
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0707550
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt05773519
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0288597

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,193,522
Liabilities
$41,110
Net assets
$2,152,412
Revenue
$279,441
Expenses
$857,216
Net income
-$577,775
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.63$0.04$1.59$0.41$0.97$0.57
2023Detailed filing. Detailed filing data is available for this year.$2.19$0.04$2.15$0.28$0.86$0.58
2022Detailed filing. Detailed filing data is available for this year.$2.79$0.06$2.73$0.20$2.61$2.42
2021Detailed filing. Detailed filing data is available for this year.$5.27$0.12$5.15$0.71$0.73$0.02
2020Detailed filing. Detailed filing data is available for this year.$5.22$0.05$5.17$5.77$0.78$5.00
2019Detailed filing. Detailed filing data is available for this year.$0.12$0.00$0.12$0.33$0.46$0.13
2018Detailed filing. Detailed filing data is available for this year.$0.25$0.00$0.25$0.28$0.43$0.15
2017Detailed filing. Detailed filing data is available for this year.$0.41$0.00$0.40$0.52$0.55$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.43$0.16$0.27$0.69$0.61$0.08
2015Detailed filing. Detailed filing data is available for this year.$0.61$0.41$0.19$0.64$0.70$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.41$0.17$0.25$0.52$0.42$0.10
2013Detailed filing. Detailed filing data is available for this year.$0.31$0.16$0.14$0.47$0.33$0.15
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.16$0.16$0.00$0.41
2011Summary only. Only limited summary data is available for this year.$0.19$0.17$0.01$0.29$0.31$0.02
2010Summary only. Only limited summary data is available for this year.$0.21$0.18$0.03$0.26$0.26$0.01