2023-07-11T13:41:06-05:00 2022-12-31 411397419 Abdo LLP 5201 Eden Ave STE 250 Edina MN 55436 990 2022-01-01 800163521 Northside Economic Opportunity Network NORT 6123021505 1007 West Brodway Avenue 100 Minneapolis MN 55411 Warren Mclean President 6123021505 2023-06-07 1 Warren Mclean XXX-XX-XXXX 0 Steven D Anseth CPA P00552219 9528359090 2023-06-07 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z Warren McLean 1007 West Brodway Avenue 100 Minneapolis MN 55411 3479710 0 X www.neon-mn.org X 2009 MN The Northside Economic Opportunity Network (NEON) builds wealth for low- to moderate- income entreprenuers in north Minneapolis and surrounding communities. NEON accomplishes its mission by collaborating with partner organizations to provide ongoing technical assistance and support: entreprenuer training and outreach, financial literacy, small business, and technical assistance and support. 13 13 12 35 0 0 5118116 3218354 246675 223010 0 26137 -38651 -124671 5326140 3342830 240380 214264 0 0 860046 1096393 321379 188459 309790 488226 1942028 1910031 3441144 3416109 -98314 8534205 9703973 2518261 3786343 6015944 5917630 X The Northside Economic Opportunity Network (NEON) builds wealth for low- to moderate- income entreprenuers in north Minneapolis and surrounding communities. NEON accomplishes its mission by collaborating with partner organizations to provide ongoing technical assistance and support: entreprenuer training and outreach, financial literacy, small business, and technical assistance and support. 1 0 2788732 214264 223010 In 2022 NEON served clients, provided 5,547 hours of technical assistance to clients, provided and disbursed $920,000 in grants to businesses, approved and/or disbursed $1,650,000 in loans to businesses. We conducted 11 thinking about business and food 101 workshops. We launched The Food Industry Cohort series and we held 8 events. 90 percent of NEON clients are BIPOC and 80 percent are African American. 32416 The Destination Northside Coalition is a group of organizations committed to the long-term economic prosperity of North Minneapolis.The Destination Northside Coalition seeks to:Transform North Minneapolis into a more prosperous, healthy and thriving environment that is centered on sustaining a good quality of life for our residents.Strengthen Northside business corridors as key destinations for families, individuals, stakeholders and visitors.Increase North Minneapolis' visibility and viability as a destination while growing our assets and building cultural wealth through generations. 2821148 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 165 0 1 12 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MN X CliftonLarsonAllen LLP 6123764500 220 South 6th Street Unit 300 Minneapolis MN 55402 Blake Berquist Treasurer 1.00 X X 0 0 0 Melanie Gatewood Director 1.00 X 0 0 0 Trent Bowman Director 1.00 X 0 0 0 Beth Dumke Board Chair 1.00 X X 0 0 0 Spencer Cronin Director 1.00 X 0 0 0 Debra Spears Secretary 1.00 X X 0 0 0 Stella Thomas Director 1.00 X 0 0 0 KB Brown Director 1.00 X 0 0 0 Ting Ting Ni Vice Chair 1.00 X X 0 0 0 Lucas Wiborg Director 1.00 X 0 0 0 Margaret Murphy Director 1.00 X 0 0 0 Meron Demissie Director 1.00 X 0 0 0 Shannon Olson Director 1.00 X 0 0 0 Warren McLean President 40.00 X 151405 0 43514 151405 0 43514 1 0 1 0 J Murphy & Associates Rainmaker LLC 2021 E Hennepin Ave Ste 130 Minneapolis MN 55413 Marketing 167253 CliftonLarsonAllen LLP 220 S 6th Street Ste 300 Minneapolis MN 55402 Accounting 115255 2 75000 176150 284440 2682764 3218354 Rent/office sharing 900099 113221 113221 Administrative fees 900099 73689 73689 Technical assistance 900099 36100 36100 223010 26137 26137 12209 176150 136880 -124671 -124671 3342830 223010 0 -98534 188264 188264 26000 26000 194919 149142 26869 18908 771733 592048 106232 73453 55303 41925 7662 5716 74438 57667 9191 7580 29962 29496 263 203 103254 103254 188459 188459 119712 100967 8547 10198 8905 3156 5749 42576 32846 9231 499 62721 52381 8063 2277 97356 94518 2765 73 9167 1348 7819 10254 7894 2360 4246 3243 1003 104863 91331 11198 2334 2176 2086 90 Loan provision expenses 1346836 1346836 3441144 2821148 310206 309790 6049194 6608963 1627850 1141585 3156 780399 920284 10499 8893 1157819 144549 63107 1013270 0 10978 8534205 9703973 471895 128435 1000000 2046366 2646930 0 10978 2518261 3786343 X 2781028 3591150 3234916 2326480 6015944 5917630 8534205 9703973 -98314 0 X X 0 1 X 1 0 X 713893 1150179 3503141 5118116 3042204 13527533 713893 1150179 3503141 5118116 3042204 13527533 4159095 9368438 26137 26137 2878 8 5009 1167 9062 13562732 12209 0.69070 0.65380 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 191322 191322 821805 11778 810027 119486 119486 0 25206 13285 11921 1013270 Lease liability - finance 10978 10978 X X X X X X X 1 BetterWorld Partners 370 Selby Ave St Paul MN 55102 Grant writing 0 1800000 43428 1756572 J Murphy & Associates Rainmaker LLC 1300 Godward St NE Minneapolis MN 55413 Grow and Thrive consultants 0 1000000 138088 861912 2800000 181516 2618484 MN Northside Live 188359 176150 12209 1800 45086 72790 17204 188359 176150 12209 1800 45086 72790 17204 136880 -124671 0 Better Greens LLC 2203 Saddlebrook Road Buffalo MN 55313 812045078 11000 0 Grant to assist entrepreneur. Dauren LLC 480 Ohio St St Paul MN 55107 851577500 25000 0 Grant to assist entrepreneur. Glamorous Life LLC Museum of Self 12800 Flamingo Street Northwest Coon Rapids MN 55448 260872030 15000 0 Grant to assist entrepreneur. Guardian School Security Systems SBC 1415 West River Road North Minneapolis MN 55411 852273418 10843 0 Grant to assist entrepreneur. HEAL Mpls 4171 North Lyndale Avenue Minneapolis MN 55412 872739963 25000 0 Grant to assist entrepreneur. Homegrown Company 2710 Lyndale Avenue South Minneapolis MN 55408 861836255 7500 0 Grant to assist entrepreneur. Pastry Board Foods 1880 Sapphire Point Eagan MN 55122 844334943 11000 0 Grant to assist entrepreneur. The Zen Bin 2100 Emerson Ave N Minneapolis MN 55411 824236121 18000 0 Grant to assist entrepreneur. TLC Millimeter Wave Products 1411 West River Road North Minneapolis MN 55411 800882095 14107 0 Grant to assist entrepreneur. Village Cafe & Resource Center - The Bougie Waffle 3297 132nd Avenue Northwest Coon Rapids MN 55448 870926406 10000 0 Grant to assist entrepreneur. Voices of Effective Change Inc 1002 Emerson Ave N Minneapolis MN 55411 275218084 20000 0 Grant to assist entrepreneur. 0 12 Grants to assist entrepreneurs 3 26000 X 0 0 0 0 0 0 0 0 0 Warren McLean President 151405 0 0 0 0 0 7094 0 36420 0 194919 0 0 0 Form 990, Part III, line 2 The Destination Northside Coalition is a group of organizations committed to the long-term economic prosperity of North Minneapolis. The Destination Northside Coalition seeks to: Transform North Minneapolis into a more prosperous, healthy and thriving environment that is centered on sustaining a good quality of life for our residents. Strengthen Northside business corridors as key destinations for families, individuals, stakeholders and visitors. Increase North Minneapolis' visibility and viability as a destination while growing our assets and building cultural wealth through generations. Form 990, Part VI, Section B, line 11b The Form 990 will be distributed to the Board electronically to review prior to filing. Board members will have appropriate time to comment. Form 990, Part VI, Section B, line 12c Annual discussion about the policy with the request that new Board members sign a conflict of interest form. Form 990, Part VI, Section B, line 15a Review of comparable compensation data. A self evaluation by the Executive Director with input by Board members and a formal review by Board Chair. Form 990, Part VI, Section C, line 19 No other documents available to the public. Form 990, Part XII, Line 2c: No change from prior year. NEON Property Maintenance LLC 1007 West Broadway Avenue STE 100 Minneapolis MN 55411 800163521 Property Maintenance MN Northside Economic Opportunity Network