Civic Intelligence

Veap Inc.

990 • Fiscal year 2017 • EIN 41-6175999

Jan 01, 2017 to Dec 31, 2017 • Filed on Aug 01, 2018

9600 Aldrich Avenue SouthBloomington, MN 55420

(952) 888-9616

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.69x

Higher debt load relative to assets than 83% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

69th percentile

0.43x

Higher debt load relative to revenue than 69% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Net Margin

35th percentile

-0.5%

Higher net margin than 35% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

49th percentile

$118,794

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 1.2% of source-year revenue.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Asset Growth

27th percentile

-1.9%

Faster asset growth than 27% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

46th percentile

3.4%

Faster revenue growth than 46% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Assets

Down

$6,050,786

Down $116,661 (-1.9%) from 2016

Net Assets

Down

$1,855,366

Down $53,077 (-2.8%) from 2016

Liabilities

Down

$4,195,420

Down $63,584 (-1.5%) from 2016

Revenue

Up

$9,676,244

Up $321,840 (+3.4%) from 2016

Expenses

Up

$9,729,321

Up $189,016 (+2.0%) from 2016

Net Income

Up

-$53,077

Up $132,824 (+71%) from 2016

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2010: $2,036,076Liabilities 2010: $41,270Net Assets 2010: $1,994,8062010Assets 2011: $2,039,884Liabilities 2011: $52,742Net Assets 2011: $1,987,1422011Assets 2012: $4,666,098Liabilities 2012: $2,630,183Net Assets 2012: $2,035,9152012Assets 2013: $7,875,727Liabilities 2013: $5,398,545Net Assets 2013: $2,477,1822013Assets 2014: $7,063,227Liabilities 2014: $4,863,443Net Assets 2014: $2,199,7842014Assets 2015: $6,542,744Liabilities 2015: $4,448,400Net Assets 2015: $2,094,3442015Assets 2016: $6,167,447Liabilities 2016: $4,259,004Net Assets 2016: $1,908,4432016Assets 2017: $6,050,786Liabilities 2017: $4,195,420Net Assets 2017: $1,855,3662017Assets 2018: $5,911,455Liabilities 2018: $4,073,898Net Assets 2018: $1,837,5572018Assets 2019: $6,379,309Liabilities 2019: $3,974,725Net Assets 2019: $2,404,5842019Assets 2020: $8,523,564Liabilities 2020: $3,940,411Net Assets 2020: $4,583,1532020Assets 2021: $8,119,973Liabilities 2021: $3,750,674Net Assets 2021: $4,369,2992021Assets 2022: $7,922,083Liabilities 2022: $3,589,969Net Assets 2022: $4,332,1142022Assets 2023: $8,006,329Liabilities 2023: $3,512,825Net Assets 2023: $4,493,5042023Assets 2024: $7,667,279Liabilities 2024: $3,543,922Net Assets 2024: $4,123,3572024

Highlighted filing

2017

Assets$6,050,786
Liabilities$4,195,420
Net Assets$1,855,366

Operations Trend

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

$20M$15M$10M$5.0M$0-$5.0MExpenses 2010: $5,244,2922010Expenses 2011: $5,683,1292011Expenses 2012: $5,929,3412012Revenue 2013: $7,493,178Expenses 2013: $7,051,911Net Income 2013: $441,2672013Revenue 2014: $9,172,419Expenses 2014: $9,449,817Net Income 2014: -$277,3982014Revenue 2015: $9,824,623Expenses 2015: $9,930,063Net Income 2015: -$105,4402015Revenue 2016: $9,354,404Expenses 2016: $9,540,305Net Income 2016: -$185,9012016Revenue 2017: $9,676,244Expenses 2017: $9,729,321Net Income 2017: -$53,0772017Revenue 2018: $9,379,602Expenses 2018: $9,397,411Net Income 2018: -$17,8092018Revenue 2019: $11,315,176Expenses 2019: $10,748,149Net Income 2019: $567,0272019Revenue 2020: $17,321,534Expenses 2020: $15,142,965Net Income 2020: $2,178,5692020Revenue 2021: $16,891,199Expenses 2021: $17,105,053Net Income 2021: -$213,8542021Revenue 2022: $16,186,207Expenses 2022: $16,223,392Net Income 2022: -$37,1852022Revenue 2023: $14,609,967Expenses 2023: $14,448,577Net Income 2023: $161,3902023Revenue 2024: $14,594,986Expenses 2024: $14,965,133Net Income 2024: -$370,1472024

Highlighted filing

2017

Revenue$9,676,244
Expenses$9,729,321
Net Income-$53,077
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Aug 1, 2018
Return Version
2017v2.3
Gross Receipts
$9,746,884
Mission and Program Overview

Mission

VEAP is a 501(c)(3) non-profit, multi-service, human service organization with the mission of "Together, we create pathways to stronger, more hopeful, communities through access to healthy food, housing stability and supportive services."

Together, we create pathways to stronger, more hopeful, communities through access to healthy food, housing stability and supportive services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,004,854$4,843,507▼ $161,347
Cash and Non-Interest-Bearing Accounts$483,165$685,098▲ $201,933
Inventories for Sale or Use$246,273$182,726▼ $63,547
Savings and Temporary Cash Investments$182,593$176,934▼ $5,659
Accounts Receivable$110,117$72,314▼ $37,803
Pledges and Grants Receivable$118,297$71,201▼ $47,096
Prepaid Expenses and Deferred Charges$22,148$19,006▼ $3,142
Total Assets$6,167,447$6,050,786▼ $116,661
Liabilities
Mortgage Notes Payable Secured by Investment Property$4,152,827$4,080,849▼ $71,978
Accounts Payable and Accrued Expenses$87,547$106,984▲ $19,437
Other Liabilities$18,630$7,587▼ $11,043
Total Liabilities$4,259,004$4,195,420▼ $63,584
Net Assets / Fund Balance
Unrestricted Net Assets$1,846,693$1,845,366▼ $1,327
Temporarily Rstr Net Assets$61,750$10,000▼ $51,750
Total Net Assets Fund Balance$1,908,443$1,855,366▼ $53,077
Total Liabilities and Net Assets / Fund Balance$6,167,447$6,050,786▼ $116,661

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,374,410$499,933$4,874,343
Land$342,600-$342,600
Equipment$64,161$213,526$277,687
Other Land Buildings$62,336$93,108$155,444
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lisa HornCEOFT$101,172$17,622$118,794
Stacey HollandCFO (thru May)FT$34,127$2,099$36,226

Board Members and Trustees

NameTitle
Reed NelsonPresident
John MitchellVice President
Andreas HoeftDirector
Anne-marie GavelDirector
Bart GroszDirector
Brenda BjorklundDirector
Debbie BelfryDirector
Jeri AlbrechtDirector
Keith MohebanDirector
Thoa NguyenDirector
Tom LarsonDirector
Brad JohnsonDirector (thru April)
Maureen Scallen FailorDirector (thru November)
Sally BredehoftCo-secretary
Tom RussettCo-secretary
Edgar MadsenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$9,246,937
Program Service Revenue
$76,496
Investment Income
$884
Other Revenue
$351,927
All Other Contributions
$8,347,829
Change in Net Assets
$-53,077

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Food Inventory4,039,173$6,819,138Feeding America
Clothing and Household Goods-$114,249Sale of Comparable Items
Cars and Other Vehicles1$3,000Fair Market Value
Total Noncash Contributions4,039,174$6,936,387-

Audited Revenue Reconciliation

Revenue per Audited Statements
$9,676,244
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$36,736
Total Revenue per Audited Statements
$9,712,980
Total Revenue per Form 990
$9,676,244
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$7,795,209
Salaries, Compensation, and Employee Benefits$1,083,826
Other Expenses$850,286
Total Fundraising Expense$221,156
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$7,795,209--$7,795,209
Other Salaries and Wages$452,924$188,438$125,386$766,748
Depreciation Depletion$173,051$9,509$7,607$190,167
Current Officers, Directors, Trustees, and Key Employees$103,347$25,837$25,837$155,021
Interest$139,606$7,672$6,136$153,414
Office Expenses$100,233$7,809$12,974$121,016
Occupancy$85,256$24,710$6,671$116,637
Fees for Services Other$80,733-$3,303$84,036
Payroll Taxes$43,875$17,047$11,951$72,873
Insurance$56,603$3,725$2,488$62,816
Other Employee Benefits$31,246$12,943$8,680$52,869
Pension Plan Contributions$21,546$8,804$5,965$36,315
Advertising$20,510$1,218$3,155$24,883
Travel$22,421$345$340$23,106
Fees for Services Accounting$11,271$4,129-$15,400
Information Technology$12,625--$12,625
Other Expenses$4,095$225$180$4,500
All Other Expenses$3,260--$3,260
Conferences and Meetings$1,754$418$292$2,464
Total Functional Expenses$9,195,093$313,072$221,156$9,729,321

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$9,766,057
Expenses per Audited Statements$9,729,321
Total Expenses per Form 990$9,729,321
Expenses Not Reported on Form 990$36,736
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$70,640
Fundraising Gross Income$40,884
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$169,670$31,748$35,410$-3,662
Attv$24,940$9,136$2,397$6,739
Total Events$208,745$40,884$70,640$-29,756
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Capital Leases Payable$7,587
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
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 first sent to the finance committee for review. After approval, the return is sent to the board of directors for their review and approval prior to submission to the internal revenue service.

Form 990, Part VI, Section B, Line 12C

The board of directors and staff of the organization complete a conflict of interest document annually. An actual or potential conflict of interest includes a relationship or transaction that may provide gain or benefit to a director, officer, or employee of veap or an affiliated person of such person at the expense of or to the disadvantage of veap, or that may affect a director's, officer's, or employee's objective judgment regarding what is in the best interest of veap. Directors, officers, and employees must avoid any activities, interests, or relationships that would interfere with their ability to act in the best interests of veap. It is the policy of veap that the existence of any of the interests shall be disclosed before any transaction is concluded. It shall be the continuing responsibility of the directors, officers, and employees of veap to scrutinize their transactions and outside business interests and relationships for potential conflicts and to immediately make such disclosures. Upon knowledge of interest or potential interest, the interested person is expected to disclose the interest and abstain from the decision pending and remove themselves from any action that would influence the situation.

Form 990, Part VI, Section B, Line 15

1) the executive committee of the veap board of directors, which is comprised entirely of volunteer, independent directors who are officers of the corporation, undertakes an annual review of the ceo and the ceo's compensation. The compensation of veap"s ceo is assessed and set in comparison to other similar leadership positions in salary surveys undertaken by minnesota's non profit community. 2) the ceo and executive committee also meet to develop a proposed budget amount for the total compensation (including benefits) for all paid staff each year. As part of this process, a review of veap's staff positions compared to similar positions in the minnesota non profit community is undertaken. 3) the recommended compensation of the ceo and for the entire staff is shared and discussed with the finance committee of the board of directors and incorporated into an annual budget which is brought to the veap board of directors by the finance and executive committees for review and approval.

Form 990, Part VI, Section C, Line 19

Governing documents, conflict of interest policy and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Veap Inc
EIN
41-6175999
Phone
9528889616
Address
9600 ALDRICH AVENUE SOUTH, BLOOMINGTON, MN 55420
Doing Business As
Volunteers Enlisted to Assist People

Signing Officer

Name
John Mitchell
Title
President
Phone
9528889616
Signed
2018-08-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Mitchell
Formed
1973
Legal Domicile
Mn
Voting Board Members
14
Independent Board Members
14
Employees
27
Volunteers
2,972

Preparer

Firm
Wipfli Llp
Address
7601 FRANCE AVENUE SOUTH SUITE 400, MINNEAPOLIS, MN 55435
Preparer
Michael J Peterson CPA
Phone
9525483400
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1 - Volunteers

To continue to meet the needs of the community, veap remains dependent on its corps of volunteers. In 2017, approximately 3,000 individuals volunteered with veap. Many of these volunteers are from local congregations, businesses, schools and civic groups. Groups from local businesses, faith community and other organizations volunteer in groups of three or more through veap's donate & do program.

Form 990, Part III, Line 2

In september 2017 veap launched hope for the future, veap's strategic framework 2018-2022. Through this process we reviewed our program data and conducted other research and we identified our strengths as: 1) healthy food access and distribution along with a state of the art facility; 2) resource connection through social services and an integrated service model with hennepin county; 3) an expertise in suburban poverty issues and the impacts on individual and community; and 4) volunteer management: recruitment, training and retaining approximately 3,000 volunteers. A new mission and vision were written and approved by veap's board of directors: vision a thriving community where all are free to pursue their dreams. Mission: together we create pathways to stronger, more hopeful, communities through access to healthy food, housing stability and supportive services. Through the strategic planning process we met with partners, volunteers, donors, elected officials, faith partners and others. In addition, and most important, we conducted multiple client focus groups, interviews and surveys. Our clients told us what they need and through these conversations our core program focus areas emerged: healthy food access; safe, affordable, dignified housing; building social connections and supports. The first major new initiative is the mobile food pantry which launched on march 22, 2018 (see program service accomplishments). Additionally, veap is active in local housing coalitions to maintain and expand the inventory of housing affordable for low-income community members.

Form 990, Part III, Line 3

The learnings from this robust strategic planning lead veap to re-focus and transition several programs, including its senior transportation program. This program which provided rides to seniors to medical appointments was discontinued in 2017 and re-focused to providing access to healthy foods. This re-focus includes a shuttle to and from the veap pantry from a low-income senior housing facility in edina; increasing rides home from the food pantry; increasing food deliveries for homebound seniors; and the mobile food pantry. In addition, veap's holiday toy program was discontinued in part because it did not fit within our program focus areas and the realization that during the toy program, veap was not able to accommodate all food pantry appointment requests. Veap's back to school school supply drive was also modified. Veap will continue to collect school supplies which it will then give directly to the schools for distribution. All clients that were impacted by these changes received support and referrals to other programs through veap's social services staff.

Form 990, Part III, Line 4A

Basic needs: access to healthy foods: veap's food program includes a food pantry, supplemental food programs for youth, food deliveries for the elderly and neat (nutrition education and teaching). Veap operates one of the largest food pantries in the state with over 100,000 pantry visits for healthy food in 2017 and distributed over 3.7 million pounds of food , 55% of which was fresh fruits and vegetables. Veap addresses transportation barriers to healthy food access by providing rides home from the pantry as well as a shuttle service to and from veap from a low-income senior housing complex in edina. Veap has two food programs that specifically address youth - through the summer youth food program - families with young children have an extra food pantry visit during the summer months when children are not in school. The student hunger collaborative provides weekend food for students that have been identified as having little or nothing to eat over the weekend. In 2017, these programs provided an addition 1,200 summertime food pantry appointments and distributed 4,548 weekend bags of food to hungry students. Veap has a state-of-the-art commercial and teaching kitchen on site where nutrition education classes are provided for clients. In addition, since 2016 the commercial kitchen has served as a business incubation site for a start up business that produces food for market wholesale.

Form 990, Part III, Line 4B

Social services program - the primary goal of veap's social services program is to prevent homelessness and other crises through support, advocacy, referrals and emergency financial assistance that re-stabilize individuals and families. Veap's licensed social workers and bilingual community health worker provide professional services to individuals and families in need with financial assistance for housing, utilities and car repairs. Clients also receive resources and referrals to other community organizations to help them meet their current needs and put them on the road to stability. Social workers meet with new food clients to better understand the situation that precipitated their food emergency. Through the assessment process, clients are connected with other veap programs and community resources to help them regain stability quickly. Individuals and families accessing financial assistance to prevent homelessness through the veap social services program are spending between 60-80% of their income on rent. Three months post program exit, the burden of rent of veap clients has decreased by a minimum of 35% and 84.5% of clients are considered stable in their housing, but still paying well over 50% of their income on housing.

Form 990, Part III, Line 4C

Children & youth services program - the children and youth program includes two programs that focus on food (see food program) summer youth food, student hunger collaborative, as well as back to school, holiday toys and birthday bag programs. Veap's annual back to school program provides school supplies to help students in grades k-12 start the school year off right with necessary supplies.

Financial Statement Notes

PART X, LINE 2:

Veap is required to assess whether it is more likely than not that a tax position will be sustained upon examination on the technical merits of the position, assuming the taxing authority has full knowledge of all information. If the tax position does not meet the more likely than not recognition threshold, the benefit of that position is not recognized in the financial statements. Veap has determined there are no amounts to record as assets or liabilities related to uncertain tax positions.

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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1617622
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt172099
IRS990/Form990PartVIISectionAGrp/PersonNm0JERI ALBRECHT
IRS990/Form990PartVIISectionAGrp/PersonNm1DEBBIE BELFRY
IRS990/Form990PartVIISectionAGrp/PersonNm2BRENDA BJORKLUND
IRS990/Form990PartVIISectionAGrp/PersonNm3ANNE-MARIE GAVEL
IRS990/Form990PartVIISectionAGrp/PersonNm4BART GROSZ
IRS990/Form990PartVIISectionAGrp/PersonNm5ANDREAS HOEFT
IRS990/Form990PartVIISectionAGrp/PersonNm6BRAD JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm7TOM LARSON
IRS990/Form990PartVIISectionAGrp/PersonNm8KEITH MOHEBAN
IRS990/Form990PartVIISectionAGrp/PersonNm9THOA NGUYEN
IRS990/Form990PartVIISectionAGrp/PersonNm10MAUREEN SCALLEN FAILOR
IRS990/Form990PartVIISectionAGrp/PersonNm11REED NELSON
IRS990/Form990PartVIISectionAGrp/PersonNm12JOHN MITCHELL
IRS990/Form990PartVIISectionAGrp/PersonNm13SALLY BREDEHOFT
IRS990/Form990PartVIISectionAGrp/PersonNm14TOM RUSSETT
IRS990/Form990PartVIISectionAGrp/PersonNm15EDGAR MADSEN
IRS990/Form990PartVIISectionAGrp/PersonNm16LISA HORN
IRS990/Form990PartVIISectionAGrp/PersonNm17STACEY HOLLAND
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16101172
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1734127
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR (THRU APRIL)
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR (THRU NOVEMBER)
IRS990/Form990PartVIISectionAGrp/TitleTxt11PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt12VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt13CO-SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt14CO-SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt15TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt16CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt17CFO (THRU MAY)
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01973
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt0167861
IRS990/FundraisingDirectExpensesAmt070640
IRS990/FundraisingGrossIncomeAmt040884
IRS990/GainOrLossGrp/SecuritiesAmt0825
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GovernmentGrantsAmt0682497
IRS990/GrantAmt07531938
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt07795209
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt07795209
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0825
IRS990/GrossReceiptsAmt09746884
IRS990/GrossRentsGrp/PersonalAmt060661
IRS990/GrossRentsGrp/RealAmt0306939
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt014
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt012625
IRS990/InformationTechnologyGrp/TotalAmt012625
IRS990/InsuranceGrp/FundraisingAmt02488
IRS990/InsuranceGrp/ManagementAndGeneralAmt03725
IRS990/InsuranceGrp/ProgramServicesAmt056603
IRS990/InsuranceGrp/TotalAmt062816
IRS990/InterestGrp/FundraisingAmt06136
IRS990/InterestGrp/ManagementAndGeneralAmt07672
IRS990/InterestGrp/ProgramServicesAmt0139606
IRS990/InterestGrp/TotalAmt0153414
IRS990/InventoriesForSaleOrUseGrp/BOYAmt0246273
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0182726
IRS990/InvestmentIncomeGrp/ExclusionAmt059
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt059
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt073
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0806567
IRS990/LandBldgEquipBasisNetGrp/BOYAmt05004854
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04843507
IRS990/LandBldgEquipCostOrOtherBssAmt05650074
IRS990/LegalDomicileStateCd0MN
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
IRS990/LessRentalExpensesGrp/PersonalAmt00
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/ExclusionAmt014083
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt014083
IRS990/MissionDesc0VEAP IS A 501(C)(3) NON-PROFIT, MULTI-SERVICE, HUMAN SERVICE ORGANIZATION WITH THE MISSION OF "TOGETHER, WE CREATE PATHWAYS TO STRONGER, MORE HOPEFUL, COMMUNITIES THROUGH ACCESS TO HEALTHY FOOD, HOUSING STABILITY AND SUPPORTIVE SERVICES."
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt04152827
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt04080849
IRS990/NetAssetsOrFundBalancesBOYAmt01908443
IRS990/NetAssetsOrFundBalancesEOYAmt01855366
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0825
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0825
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-29756
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-29756
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0306939
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0367600
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt060661
IRS990/NetUnrelatedBusTxblIncmAmt053151
IRS990/NoncashContributionsAmt06936387
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt06671
IRS990/OccupancyGrp/ManagementAndGeneralAmt024710
IRS990/OccupancyGrp/ProgramServicesAmt085256
IRS990/OccupancyGrp/TotalAmt0116637
IRS990/OfficeExpensesGrp/FundraisingAmt012974
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt07809
IRS990/OfficeExpensesGrp/ProgramServicesAmt0100233
IRS990/OfficeExpensesGrp/TotalAmt0121016
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt08680
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt012943
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt031246
IRS990/OtherEmployeeBenefitsGrp/TotalAmt052869
IRS990/OtherExpensesGrp/Desc0UBIT TAXES
IRS990/OtherExpensesGrp/Desc1VOLUNTEER SERVICES RECO
IRS990/OtherExpensesGrp/Desc2MEMBERSHIP
IRS990/OtherExpensesGrp/Desc3BAD DEBT
IRS990/OtherExpensesGrp/FundraisingAmt0191
IRS990/OtherExpensesGrp/FundraisingAmt1180
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0243
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1225
IRS990/OtherExpensesGrp/ProgramServicesAmt016152
IRS990/OtherExpensesGrp/ProgramServicesAmt114826
IRS990/OtherExpensesGrp/ProgramServicesAmt24550
IRS990/OtherExpensesGrp/ProgramServicesAmt34095
IRS990/OtherExpensesGrp/TotalAmt016152
IRS990/OtherExpensesGrp/TotalAmt114826
IRS990/OtherExpensesGrp/TotalAmt24984
IRS990/OtherExpensesGrp/TotalAmt34500
IRS990/OtherLiabilitiesGrp/BOYAmt018630
IRS990/OtherLiabilitiesGrp/EOYAmt07587
IRS990/OtherRevenueTotalAmt014083
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0125386
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0188438
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0452924
IRS990/OtherSalariesAndWagesGrp/TotalAmt0766748
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt011951
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt017047
IRS990/PayrollTaxesGrp/ProgramServicesAmt043875
IRS990/PayrollTaxesGrp/TotalAmt072873
IRS990/PensionPlanContributionsGrp/FundraisingAmt05965
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt08804
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt021546
IRS990/PensionPlanContributionsGrp/TotalAmt036315
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0118297
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt071201
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt022148
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt019006
IRS990/PrincipalOfficerNm0JOHN MITCHELL
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0624210
IRS990/ProgramServiceRevenueGrp/Desc0CONTRACT REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt076496
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt076496
IRS990/ProgSrvcAccomActy2Grp/Desc0SOCIAL SERVICES PROGRAM - PLEASE SEE SCHEDULE O
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0383297
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0126285
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt076496
IRS990/ProgSrvcAccomActy3Grp/Desc0CHILDREN & YOUTH SERVICES PROGRAM - PLEASE SEE SCHEDULE O
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0345722
IRS990/ProgSrvcAccomActy3Grp/GrantAmt0136986
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt00
IRS990/ProgSrvcAccomActyOtherGrp/Desc0TRANSPORATION SERVICES -THIS PROGRAM WHICH PROVIDED RIDES TO SENIORS TO MEDICAL APPOINTMENTS WAS DISCONTINUED IN 2017 AND RE-FOCUSED TO PROVIDING ACCESS TO HEALTHY FOODS. THIS RE-FOCUS INCLUDES A SHUTTLE TO AND FROM THE VEAP PANTRY FROM A LOW-INCOME SENIOR HOUSING FACILITY IN EDINA; INCREASING RIDES HOME FROM THE FOOD PANTRY; INCREASING FOOD DELIVERIES FOR HOMEBOUND SENIORS; AND THE MOBILE FOOD PANTRY. IN ADDITION, VEAP'S HOLIDAY TOY PROGRAM WAS DISCONTINUED IN PART BECAUSE IT DID NOT FIT WITHIN OUR PROGRAM FOCUS AREAS AND THE REALIZATION THAT DURING THE TOY PROGRAM, VEAP WAS NOT ABLE TO ACCOMMODATE ALL FOOD PANTRY APPOINTMENT REQUESTS. VEAP'S BACK TO SCHOOL SCHOOL SUPPLY DRIVE WAS ALSO MODIFIED. VEAP WILL CONTINUE TO COLLECT SCHOOL SUPPLIES WHICH IT WILL THEN GIVE DIRECTLY TO THE SCHOOLS FOR DISTRIBUTION. ALL CLIENTS THAT WERE IMPACTED BY THESE CHANGES RECEIVED SUPPORT AND REFERRALS TO OTHER PROGRAMS THROUGH VEAP'S SOCIAL SERVICES STAFF.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0145466
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt00
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt08911953
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt07416807
IRS990/PYInvestmentIncomeAmt088
IRS990/PYOtherExpensesAmt0886553
IRS990/PYOtherRevenueAmt0367700
IRS990/PYProgramServiceRevenueAmt074663
IRS990/PYRevenuesLessExpensesAmt0-185901
IRS990/PYSalariesCompEmpBnftPaidAmt01236945
IRS990/PYTotalExpensesAmt09540305
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt09354404
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-53077
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$7.67$3.54$4.12$14.6$15.0$0.37
2023Detailed filing. Detailed filing data is available for this year.$8.01$3.51$4.49$14.6$14.4$0.16
2022Detailed filing. Detailed filing data is available for this year.$7.92$3.59$4.33$16.2$16.2$0.04
2021Detailed filing. Detailed filing data is available for this year.$8.12$3.75$4.37$16.9$17.1$0.21
2020Detailed filing. Detailed filing data is available for this year.$8.52$3.94$4.58$17.3$15.1$2.18
2019Detailed filing. Detailed filing data is available for this year.$6.38$3.97$2.40$11.3$10.7$0.57
2018Detailed filing. Detailed filing data is available for this year.$5.91$4.07$1.84$9.38$9.40$0.02
2017Detailed filing. Detailed filing data is available for this year.$6.05$4.20$1.86$9.68$9.73$0.05
2016Detailed filing. Detailed filing data is available for this year.$6.17$4.26$1.91$9.35$9.54$0.19
2015Detailed filing. Detailed filing data is available for this year.$6.54$4.45$2.09$9.82$9.93$0.11
2014Detailed filing. Detailed filing data is available for this year.$7.06$4.86$2.20$9.17$9.45$0.28
2013Summary only. Only limited summary data is available for this year.$7.88$5.40$2.48$7.49$7.05$0.44
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.67$2.63$2.04$5.93
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.04$0.05$1.99$5.68
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.04$0.04$1.99$5.24