2024-12-06T07:03:38-06:00 2024-03-31 410746749 CLIFTONLARSONALLEN LLP 220 S 6TH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2023-04-01 411916337 PROPEL NONPROFITS PROP 6122496700 1 SE MAIN STREET 600 MINNEAPOLIS MN 55414 HENRY JIMENEZ PRESIDENT 6122496700 2024-11-27 1 0 DEIRDRE HODGSON P01484710 6123764500 2024-11-27 2023 2024-10-15 13:58:12Z HENRY JIMENEZ 1 SE MAIN STREET 600 MINNEAPOLIS MN 55414 8635201 0 X WWW.PROPELNONPROFITS.ORG X 1998 MN TO FUEL THE IMPACT AND EFFECTIVENESS OF NONPROFITS WITH GUIDANCE, EXPERTISE, AND CAPITAL. 16 16 39 28 0 0 6939034 5360624 2241607 2759548 147712 515028 0 1 9328353 8635201 6346329 3957470 0 0 3235748 3650706 0 0 275990 2748957 2580540 12331034 10188716 -3002681 -1553515 44298816 49931879 26071781 33258359 18227035 16673520 X THE MISSION OF PROPEL NONPROFITS IS TO FUEL THE IMPACT AND EFFECTIVENESS OF NONPROFITS WITH GUIDANCE, EXPERTISE, AND CAPITAL. PROPEL NONPROFITS PROVIDES LOANS TO NONPROFITS FOR FACILITIES AND WORKING CAPITAL. WE TRAIN NONPROFIT STAFF AND BOARDS TO UNDERSTAND AND BUILD FINANCIAL HEALTH, CLEAR STRATEGY, AND STRONG GOVERNANCE PRACTICES. WE PROVIDE EXPERT KNOWLEDGE, GUIDANCE, AND INSIGHT FOR NONPROFITS ABOUT GOVERNANCE, PLANNING, FINANCIAL STRATEGY, AND SUSTAINABILITY. WE CONSULT AND GUIDE ON STRATEGY, ORGANIZATIONAL STRUCTURE AND FINANCIAL PLANS, STRATEGIC ALLIANCES, AND GOVERNANCE. WE OFFER NONPROFIT ACCOUNTING SERVICES AND FINANCIAL SYSTEMS REVIEW. WE PROVIDE FISCAL SPONSORSHIP AND SUPPORT FOR EMERGING ORGANIZATIONS AND COLLABORATIONS. 0 0 3162035 2021974 0 CAPACITY BUILDING INITIATIVES:PROPEL NONPROFITS INTERMEDIARY CAPACITY BUILDING INITIATIVES AIM TO PROVIDE FUNDING AND RELEVANT INFRASTRUCTURE TO SUPPORT MINNESOTA NONPROFITS. IN FY24, THERE WERE FOUR ACTIVE INITIATIVES: SEEDING CULTURAL TREASURES, NONPROFIT INFRASTRUCTURE GRANT PROGRAM (NIGP), CBI TARGET, AND ROOTED TO LAST.IN FY24, PROPEL AWARDED $3.2 MILLION TO 56 CULTURALLY LED NONPROFIT ORGANIZATIONS FOR INFRASTRUCTURE FUNDING THROUGH NIGP. THE 2023 - 2025 ROUND OF NIGP FUNDING IS MADE POSSIBLE THROUGH A $4 MILLION APPROPRIATION COMING THROUGH THE MINNESOTA DEPARTMENT OF EMPLOYMENT AND ECONOMIC DEVELOPMENT (DEED)ALSO IN FY24, PROPEL CONTINUED WORK ON THE SEEDING CULTURAL TREASURES INITIATIVE DESIGNED TO NOURISH AND CULTIVATE THE LANDSCAPE OF EMERGING ARTS AND CULTURE ORGANIZATIONS RUN BY AND FOR BLACK, INDIGENOUS, AND OTHER PEOPLE OF COLOR. 1912784 282500 1832630 LENDING:AS A COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI) CERTIFIED BY THE U.S. TREASURY, PROPEL NONPROFITS MAKES LOANS TO NONPROFIT ORGANIZATIONS TO EXPAND PROGRAMS AND SERVICES, BRIDGE CASH FLOW GAPS, CONSOLIDATE DEBT, AND MAKE CAPITAL IMPROVEMENTS. WE BELIEVE THAT ACCESS TO CAPITAL IS ESSENTIAL TO THE GROWTH AND STABILITY OF THE NONPROFIT SECTOR. PROPEL NONPROFITS MAKES LOANS TO NONPROFITS OF ALL SIZES AND STAGES OF DEVELOPMENT, MANY OF WHICH HAVE BEEN HISTORICALLY UNDER-SERVED BY TRADITIONAL MARKETS. LOANS ARE AS LARGE AS $1 MILLION AND AS SMALL AS $5,000. OVERALL, WE MADE 71 NEW LOANS IN FY2024 TOTALING $15,835,184. OUR LENDING IMPACTED NONPROFIT ORGANIZATIONS WORKING IN HEALTH CARE, HUMAN SERVICES, ARTS AND HUMANITIES, CHARTER SCHOOLS, COMMUNITY DEVELOPMENT, AFFORDABLE HOUSING, AND MORE. BY PARTNERING WITH OTHER CAPITAL PROVIDERS, WE ALSO LEVERAGED ADDITIONAL FUNDS OF $17.1 MILLION INTO THE COMMUNITY. 1633631 1313593 112193 FISCAL SPONSORSHIP:PROPEL NONPROFITS FISCAL SPONSORSHIP PROGRAM SUPPORTS EMERGING NONPROFIT ORGANIZATIONS AND PROJECTS THAT ADVANCE CHARITABLE CAUSES AND UPLIFT THEIR COMMUNITIES. WE PROVIDE RESOURCES, CONSULTING, TECHNICAL ASSISTANCE, AND THE ABILITY TO ACCEPT DONATIONS TO OUR FISCALLY SPONSORED PARTNERS, ESPECIALLY THOSE FROM HISTORICALLY EXCLUDED GROUPS.-53 FISCALLY SPONSORED PROJECTS IN FY24-$1,499,695 RAISED BY/FOR CLIENTS IN FY24-72% BIPOC-LED-11% GREATER MINNESOTA 912822 339403 162776 TRAINING, GUIDANCE, AND KNOWLEDGE SHARING:PROPEL NONPROFITS PROVIDES ONGOING TRAINING, AND TECHNICAL ASSISTANCE ON TOPICS RANGING FROM FINANCIAL MANAGEMENT, ACCOUNTING, GOVERNANCE, NONPROFIT BUSINESS MODELS, AND SOCIAL ENTERPRISE.IN FY24 PROPEL PRESENTED A TOTAL OF 107 TRAININGS TO 4,029 PARTICIPANTS:-40 GOVERNANCE TRAININGS-54 FINANCES TRAININGS-4 COMBINED TRAININGS-9 CUSTOM TRAININGSIN FY24 THERE WERE 71 LEADERS CIRCLES PARTICIPANTS; 70 BOARD CONNECTOR LISTINGS AND 94 BOARD MEMBER CONNECTIONS MADE. 1023930 0 0 STRATEGIC SERVICES AND ACCOUNTING/FINANCE SERVICES 1936752 339403 162776 8645202 1 1 0 1 0 0 0 0 1 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 51 0 1 39 1 0 0 0 0 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MN X X ELLIE O'BRIEN 6122496665 1 SE MAIN STREET STE 600 MINNEAPOLIS MN 55414 KATE BARR PRESIDENT AND CEO 40.00 X 199825 0 27956 ELLIE O'BRIEN VICE PRESIDENT & CFO 40.00 X 123554 0 30338 GARRETT BACKES CHIEF ADVANCEMENT OFFICER 40.00 X 108280 0 27084 MARIO HERNANDEZ DIRECTOR OF STRATEGIC SERVICES 40.00 X 107255 0 13815 JONATHAN BROWN CHIEF PROGRAM OFFICER 40.00 X 99049 0 20650 HENRY JIMENEZ PRESIDENT 40.00 X 0 0 0 SARAH CLYNE CHAIR 3.00 X X 0 0 0 SCOTT MARQUARDT VICE CHAIR 3.00 X X 0 0 0 SEAN KERSHAW PAST CHAIR 3.00 X X 0 0 0 DAVID MITCHELL TREASURER 3.00 X X 0 0 0 PAUL BABCOCK SECRETARY 3.00 X X 0 0 0 JEAN ADAMS DIRECTOR 2.00 X 0 0 0 THOMAS ADAMS DIRECTOR 2.00 X 0 0 0 GEMA ALVARADO-GUERRERO DIRECTOR 2.00 X 0 0 0 HEIDI CHRISTIANSON DIRECTOR 2.00 X 0 0 0 COURTNEY COLBY DIRECTOR 2.00 X 0 0 0 BRAD KRUSE DIRECTOR 2.00 X 0 0 0 TAMARA LOWNEY DIRECTOR 2.00 X 0 0 0 SONY MALHOTRA DIRECTOR 2.00 X 0 0 0 PATTY PANNKUK DIRECTOR 2.00 X 0 0 0 SOOK JIN ONG DIRECTOR 2.00 X 0 0 0 SANJEEV SHAH DIRECTOR 2.00 X 0 0 0 637963 0 119843 4 0 1 0 0 2239660 3120964 5360624 LOAN INTEREST REVENUE 522200 1716491 1716491 CLIENT FEE AND CONTRAC 541900 826567 826567 WORKSHOP AND TRAINING 522200 133051 133051 LOAN FEE REVENUE 522200 83439 83439 2759548 515028 515028 1 1 1 8635201 2759548 0 515029 3957470 3957470 721342 243461 330280 147601 2228832 1796075 407222 25535 111442 89804 20361 1277 356858 277728 74983 4147 232232 163523 56579 12130 13964 13964 30001 30001 23333 23333 898274 745327 101614 51333 21958 20393 156 1409 96724 42005 52864 1855 262374 200699 50212 11463 320927 237276 68215 15436 27494 21248 5882 364 55678 20637 31601 3440 619864 619864 PROVISION FOR LLR 202992 202992 OTHER FILING AND FEE EX 6957 6700 257 10188716 8645202 1267524 275990 1667883 2538508 10799999 10856954 603875 1158956 322049 571609 29256025 33434884 107130 139435 1191973 798528 496154 393445 1045701 838088 44298816 49931879 651875 840326 11417 4999207 606289 343235 22333445 25369798 2468755 1705793 26071781 33258359 X 13184466 14121716 5042569 2551804 18227035 16673520 44298816 49931879 -1553515 0 X 0 1 X 1 0 X 5703358 6246500 12415603 6939034 5360624 36665119 5703358 6246500 12415603 6939034 5360624 36665119 9753834 26911285 80433 15487 20570 147712 515028 779230 1 1 37444350 11697913 0.71870 0.73450 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2023 AMOUNT: $ 1. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 23333 23333 0 PART II-B, LINE 1: HIRED A CONSULTANT TO ASSIST WITH AN APPROPRIATION REQUEST IN THE LAST LEGISLATIVE SESSION. THE APPROPRIATION REQUEST WAS A REQUEST FOR A GRANT TO USE FOR A MICROLOAN CAPITAL PROGRAM TO PROVIDE ASSISTANCE TO ORGANIZATIONS THAT PRIMARILY SERVE HISTORICALLY UNDERSERVED COMMUNITIES. 0 1 X 628358 390524 237834 447977 402500 45477 115638 5504 110134 393445 LOAN FORGIVENESS 654375 ROU LEASE LIABILITY 1051418 1705793 X 8635201 0 8635201 0 8635201 10188716 0 10188716 0 10188716 PART IV, LINE 2B: THE COMBINED ORGANIZATION ACTS AS A FISCAL SPONSOR TO EMERGING PROJECTS BASED IN MINNESOTA, NORTH DAKOTA, SOUTH DAKOTA, AND WISCONSIN THAT FOR VARIOUS REASONS HAVE NOT ESTABLISHED THEMSELVES AS SEPARATE 501(C)(3) NONPROFIT ORGANIZATIONS. THESE ENTITIES MAY BE IN THE PROCESS OF APPLYING FOR 501(C)(3) STATUS OR MAY BE SHORT-TERM IN NATURE OR MAY BE EXPLORING WHETHER BECOMING A SEPARATE NONPROFIT IS THE MOST APPROPRIATE LONG-TERM STRATEGY TO ACCOMPLISH THEIR MISSION. PROPEL NONPROFITS ACCEPTS CHARITABLE GRANTS AND CONTRIBUTIONS ON BEHALF OF THESE PROJECTS. THESE FUNDS ARE TREATED AS CONTRIBUTIONS WITH DONOR RESTRICTIONS WHEN RECEIVED BY PROPEL NONPROFITS. THESE FUNDS ARE RELEASED FROM RESTRICTION AS PROPEL NONPROFITS IN TURN GRANTS THEM TO THE FISCALLY SPONSORED RECIPIENTS. PROPEL NONPROFITS ULTIMATELY RETAINS THE DISCRETION TO REDIRECT THE FUNDS TO ANOTHER ENTITY IF NEEDED TO ACCOMPLISH THE PURPOSE OF THE CONTRIBUTION AS ORIGINALLY RESTRICTED BY ITS DONOR. ONCE FUNDS HAVE BEEN GRANTED TO THE FISCALLY SPONSORED CLIENT, THE CLIENT HAS THE OPTION TO HOLD AND MANAGE THOSE FUNDS ON ITS OWN OR ENTER AN ARRANGEMENT WITH PROPEL NONPROFITS IN WHICH PROPEL NONPROFITS ADMINISTERS THE FUNDS ON BEHALF OF THE CLIENT. IF THE CLIENT CHOOSES TO HAVE PROPEL NONPROFITS ADMINISTER ITS FUNDS, THOSE FUNDS BECOME A LIABILITY OF PROPEL NONPROFITS AND ARE RECORDED AS SUCH FOR ACCOUNTING PURPOSES. THE ARRANGEMENT INCLUDES PROPEL NONPROFITS HOLDING THE CLIENT'S FUNDS IN A CUSTODIAL ACCOUNT, PROVIDING BOOKKEEPING AND ACCOUNTING SERVICES, AND ASSISTING IN OTHER ADMINISTRATIVE DUTIES RELATED TO THOSE FUNDS. IN THIS ARRANGEMENT, THE MANAGEMENT OF THE FISCALLY-SPONSORED CLIENT DIRECTS THE USE OF THE FUNDS. PROPEL NONPROFITS SIMPLY EXECUTES THE MECHANICS OF THE TRANSACTIONS. PART X, LINE 2: PROPEL IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE. IT HAS BEEN CLASSIFIED AS A PUBLIC CHARITY THAT IS NOT A PRIVATE FOUNDATION UNDER THE IRC AND CHARITABLE CONTRIBUTIONS BY DONORS ARE TAX DEDUCTIBLE. PROPEL IS ALSO EXEMPT FROM STATE INCOME TAXES. PROPEL EVALUATED ITS TAX POSITIONS AND DETERMINED THAT IT HAS NO UNCERTAIN TAX POSITIONS. 1 826 MSP 1915 E 22ND ST MINNEAPOLIS MN 55404 271372442 501C3 16465 0 N/A N/A NONPROFIT INFRASTRUCTURE GRANT PROGRAM AANJICHIGENG 315 NORTH LAKE AVE DULUTH MN 55806 933856932 105125 0 N/A N/A FISCAL SPONSORSHIP, SEEDING CULTURAL TREASURES, EMERGING NONPROFITS AFRICAN AMERICAN REGISTRY PO BOX 19441 MINNEAPOLIS MN 55419 010787894 501C3 22000 0 N/A N/A SEEDING CULTURAL TREASURES ALLIANCE OF CHICANOS HISPANICS AND LATIN AMERICANS 315 ELTON HILLS DR NW SUITE 202 ROCHESTER MN 55901 432058621 501C3 8948 0 N/A N/A NONPROFIT INFRASTRUCTURE GRANT PROGRAM ALLIANCE OF EARLY CHILDHOOD PROFESSIONALS 1308 EAST FRANKLIN AVE SUITE 126 MINNEAPOLIS MN 55404 411794564 501C3 40392 0 N/A N/A NONPROFIT INFRASTRUCTURE GRANT PROGRAM ANANYA DANCE THEATER 2941 37TH AV S MINNEAPOLIS MN 55406 204261878 501C3 9040 0 N/A N/A NONPROFIT INFRASTRUCTURE GRANT PROGRAM BASIC NEEDS 3333 NORTH 4TH STREET MINNEAPOLIS MN 55412 411995156 501C3 17739 0 N/A N/A NONPROFIT INFRASTRUCTURE GRANT PROGRAM BEAR PAWS CULTURAL ART 40987 WILDLIFE ROAD HINCKLEY MN 55037 931755170 501C3 50000 0 N/A N/A SEEDING CULTURAL TREASURES BELIEVE IN WHAT'S POSSIBLE 3001 BROADWAY STREET NE SUITE 330 MINNEAPOLIS MN 55413 934183023 11825 0 N/A N/A FISCAL SPONSORSHIP BLACK BUTTERFLY WOMEN'S SERVICES 5716 36TH AVE NORTH CRYSTAL MN 55422 872231784 501C3 7350 0 N/A N/A NONPROFIT INFRASTRUCTURE GRANT PROGRAM BLCK PRESS CENTER FOR BROADCAST JOURNALISM 370 WABASHA ST N SAINT PAUL MN 55104 920429167 501C3 50000 0 N/A N/A SEEDING CULTURAL TREASURES BRIDGEMAKERS 825 WASHINGTON AVE SE 200 MINNEAPOLIS MN 55414 854214217 501C3 521308 0 N/A N/A FISCAL SPONSORSHIP CENTRE FOR COMMUNITY RESOURCES 2104 PARK AVE STE 4 MINNEAPOLIS MN 554046607 863445561 501C3 19036 0 N/A N/A NONPROFIT INFRASTRUCTURE GRANT PROGRAM COMMUNITY PARTNERSHIP COLLABORATIVE 20 3210 OLIVER AVE NORTH MINNEAPOLIS MN 55412 820652224 501C3 21709 0 N/A N/A NONPROFIT INFRASTRUCTURE GRANT PROGRAM CORNER HOUSE 2502 10TH AVE S MINNEAPOLIS MN 55404 411640731 501C3 75000 0 N/A N/A RECOVERY CAPITAL LOAN PROGRAM CURA FOUNDATION 13350 TIMBER CREST DR MAPLE GROVE MN 553113332 854263441 501C3 12842 0 N/A N/A NONPROFIT INFRASTRUCTURE GRANT PROGRAM DAKHOTA IAPI OKHODAKICHIYE PO BOX 548 OSSEO MN 55369 463946313 501C3 16737 0 N/A N/A NONPROFIT INFRASTRUCTURE GRANT PROGRAM DEPARTMENT OF PUBLIC TRANSFORMATION 726 PRENTICE ST PO BOX 163 GRANITE FALLS MN 56241 830770235 501C3 70000 0 N/A N/A SEEDING CULTURAL TREASURES DIVINE KONNECTIONS 2122 WOODLAND AVE DULUTH MN 55803 850808588 501C3 21979 0 N/A N/A NONPROFIT INFRASTRUCTURE GRANT PROGRAM DULUTH ART INSTITUTE 506 WEST MICHIGAN STREET DULUTH MN 55802 410945449 501C3 70000 0 N/A N/A SEEDING CULTURAL TREASURES EAST AFRICAN INTEGRATION CENTER 1909 NICOLLET AVE MINNEAPOLIS MN 55403 843662286 501C3 10518 0 N/A N/A NONPROFIT INFRASTRUCTURE GRANT PROGRAM EAST METRO CIVIC ALLIANCE 1505 BURNS AVE SAINT PAUL MN 55106 050631017 501C3 10992 0 N/A N/A NONPROFIT INFRASTRUCTURE GRANT PROGRAM EAST SIDE FREEDOM LIBRARY 1105 GREENBRIER ST SAINT PAUL MN 551062501 463794535 501C3 19374 0 N/A N/A NONPROFIT INFRASTRUCTURE GRANT PROGRAM EAST SIDE NEIGHBORHOOD DEVELOPMENT COMPANY 925 PAYNE AVE SUITE 201 SAINT PAUL MN 55130 411367503 501C3 5448 0 N/A N/A NONPROFIT INFRASTRUCTURE GRANT PROGRAM EXPOSED BRICK THEATRE 586 EUSTIS STREET ST PAUL MN 55104 201944288 501C3 40000 0 N/A N/A SEEDING CULTURAL TREASURES FIELD OF DREAMS EMPOWERMENT CENTER 16141 HOMINY CT LAKEVILLE MN 55044 475018702 501C3 12100 0 N/A N/A NONPROFIT INFRASTRUCTURE GRANT PROGRAM FOOD FOR THE PEOPLE 3441 ALDRICH AVE S APT 2 MINNEAPOLIS MN 554084143 874645309 9794 0 N/A N/A FISCAL SPONSORSHIP FOSTER ADVOCATES 1425 MINNEHAHA AVE E 600-761 SAINT PAUL MN 55106 825411160 501C3 10000 0 N/A N/A NONPROFIT INFRASTRUCTURE GRANT PROGRAM FROGTOWN GREEN 843 VANBUREN AVE ST PAUL MN 55104 710969337 42000 0 N/A N/A FISCAL SPONSORSHIP GLOBAL SHAPERS MINNEAPOLIS 3100 LONGFELLOW AVE MINNEAPOLIS MN 554073809 296076152 11000 0 N/A N/A FISCAL SPONSORSHIP GOOD TROUBLE 825 WASHINGTON AVE SE 200 MINNEAPOLIS MN 55414 933026804 63600 0 N/A N/A FISCAL SPONSORSHIP GREATER MINNESOTA WORKER CENTER 44 28TH AVE N STE A SAINT CLOUD MN 56303 463874287 501C3 10692 0 N/A N/A NONPROFIT INFRASTRUCTURE GRANT PROGRAM GREEN CARD VOICES 2611 1ST AVE S MINNEAPOLIS MN 55408 463753490 501C3 11000 0 N/A N/A NONPROFIT INFRASTRUCTURE GRANT PROGRAM HMONG EARLY CHILDHOOD COALITION 724 BIELENBERG DRIVE SUITE 6 WOODBURY MN 55125 831217023 501C3 38043 0 N/A N/A FISCAL SPONSORSHIP IN BLACK INK 938 SELBY AVE SAINT PAUL MN 55428 824012406 501C3 70000 0 N/A N/A SEEDING CULTURAL TREASURES IN PROGRESS 213 FRONT AVE SAINT PAUL MN 55117 411603279 501C3 5978 0 N/A N/A NONPROFIT INFRASTRUCTURE GRANT PROGRAM INDIGENOUS ROOTS 788 EAST 7TH STREET SAINT PAUL MN 55106 474492457 501C3 75000 0 N/A N/A RECOVERY CAPITAL LOAN PROGRAM INTERNAL HOUSING ASSISTANT 600 8TH AVE N 3 SAINT CLOUD MN 56303 861628253 501C3 10400 0 N/A N/A NONPROFIT INFRASTRUCTURE GRANT PROGRAM IRAQI AND AMERICAN RECONCILIATION PROJECT 2021 E HENNEPIN AVE SUITE 200 MINNEAPOLIS MN 55413 260545027 501C3 14000 0 N/A N/A SEEDING CULTURAL TREASURES IT'S OUR NEIGHBORHOOD INC 511 UNIVERSITY AVENUE WEST SAINT PAUL MN 55103 824672235 501C3 23687 0 N/A N/A NONPROFIT INFRASTRUCTURE GRANT PROGRAM JAPAN AMERICA SOCIETY OF MINNESOTA 2700 LOUISIANA AVE S 26639 MINNEAPOLIS MN 55426 237259977 501C3 7101 0 N/A N/A NONPROFIT INFRASTRUCTURE GRANT PROGRAM JOURNIE INC 12 ELTON HILLS DR NW ROCHESTER MN 55901 923778395 14600 0 N/A N/A FISCAL SPONSORSHIP JUGAAD LEADERSHIP PROGRAM 22 WILSON AVE NE STE 209 SAINT CLOUD MN 56302 844144267 501C3 10203 0 N/A N/A NONPROFIT INFRASTRUCTURE GRANT PROGRAM KAREN FOOTBALL ASSOCIATION 1772 EAST SHORE DR MAPLEWOOD MN 55109 833829546 501C3 13795 0 N/A N/A NONPROFIT INFRASTRUCTURE GRANT PROGRAM KATHA DANCE THEATRE 5444 ORCHARD LANE NORTH CRYSTAL MN 55429 363557119 501C3 27940 0 N/A N/A NONPROFIT INFRASTRUCTURE GRANT PROGRAM, SEEDING CULTURAL TREASURES LEECH LAKE FINANCIAL SERVICES 113 SPRUCE AVE NE CASS LAKE MN 56633 462579700 501C3 29002 0 N/A N/A NONPROFIT INFRASTRUCTURE GRANT PROGRAM LISTEN UP YOUTH RADIO 550 VANDALIA STREET SUITE 170 SAINT PAUL MN 55114 861623276 501C3 65000 0 N/A N/A SEEDING CULTURAL TREASURES LIVED EXPERIENCE ADVOCACY NETWORK 2881 IRVING AVE S 305 MINNEAPOLIS MN 55408 932669653 10915 0 N/A N/A FISCAL SPONSORSHIP LORING COLLECTIVE 1516 W LAKE ST STE 105 MINNEAPOLIS MN 554086600 844233302 501C3 5959 0 N/A N/A FISCAL SPONSORSHIP LOVELY'S SEWING & ARTS COLLECTIVE 121 WASHINGTON AVENUE NORTH MINNEAPOLIS MN 554012503 475656989 501C3 11564 0 N/A N/A NONPROFIT INFRASTRUCTURE GRANT PROGRAM MAN UP CLUB THE 60 S SIXTH ST SUITE 2800 MINNEAPOLIS MN 55411 300992742 501C3 14546 0 N/A N/A NONPROFIT INFRASTRUCTURE GRANT PROGRAM MANIDOO OGITIGAAN 102 FIRST STREET W 110 BEMIDJI MN 56601 824771865 501C3 83128 0 N/A N/A NONPROFIT INFRASTRUCTURE GRANT PROGRAM, SEEDING CULTURAL TREASURES MARKET ENTRY FUND 1136 GRAND AVE STE 300 ST PAUL MN 55105 834587871 501C3 48826 0 N/A N/A FISCAL SPONSORSHIP MEMORIALIZE THE MOVEMENT 3140 SNELLING AVE MINNEAPOLIS MN 55406 863217004 79805 0 N/A N/A FISCAL SPONSORSHIP METROPOLITAN CONSORTIUM OF COMMUNITY DEVELOPERS 3137 CHICAGO AVE MINNEAPOLIS MN 55407 411658654 501C3 19891 0 N/A N/A NONPROFIT INFRASTRUCTURE GRANT PROGRAM MEWINZHA ONDAADIZIIKE WIIGAMING 802 PAUL BUNYAN DRIVE SUITE 13 BEMIDJI MN 56601 462523191 501C3 12181 0 N/A N/A NONPROFIT INFRASTRUCTURE GRANT PROGRAM MIDWEST INDIGENOUS IMMERSION NETWORK 10660 N RIVERSIDE RD HAYWARD WI 54843 873561796 501C3 70000 0 N/A N/A SEEDING CULTURAL TREASURES MINNESOTA COMPUTERS FOR SCHOOLS 504 MALCOLM AVE SE STE 100 MINNEAPOLIS MN 554143354 201776702 50C13 32500 0 N/A N/A RECOVERY CAPITAL LOAN PROGRAM MINNESOTA DEAF MUSLIM COMMUNITY (MDMC) 1821 UNIVERSITY AVE W STE 352 ST PAUL MN 55104 464178304 501C3 5035 0 N/A N/A NONPROFIT INFRASTRUCTURE GRANT PROGRAM MINNESOTA OVERDOSE AWARENESS 7766 NE HWY 65 SPRING LAKE PARK MN 55432 320693104 501C3 18304 0 N/A N/A FISCAL SPONSORSHIP MINNESOTA SEEDS OF JUSTICE 2150 CASTLEWOOD DRIVE WORTHINGTON MN 56187 923322961 501C3 50000 0 N/A N/A SEEDING CULTURAL TREASURES MINNESOTANS FOR THE AMERICAN COMMUNITY SURVEY 4517 TOWER ST EDINA MN 55424 881693769 147972 0 N/A N/A FISCAL SPONSORSHIP MN8 550 RICE ST SAINT PAUL MN 55103 863702657 501C3 23047 0 N/A N/A NONPROFIT INFRASTRUCTURE GRANT PROGRAM NEOMURALISMOS DE MEXICO 1848 7TH ST W SAINT PAUL MN 55116 883067866 501C3 50000 0 N/A N/A SEEDING CULTURAL TREASURES NEW ARAB AMERICAN THEATER WORKS 1011 WASHINGTON AVE S 308 MINNEAPOLIS MN 55415 812799048 501C3 12591 0 N/A N/A NONPROFIT INFRASTRUCTURE GRANT PROGRAM NEW ROOTS MIDWEST 1132 28TH AVENUE SOUTH MOORHEAD MN 56560 922762511 501C3 23975 0 N/A N/A NONPROFIT INFRASTRUCTURE GRANT PROGRAM NONPROFIT FINANCIAL COMMONS 1 SE MAIN ST STE 600 MINNEAPOLIS MN 55414 883768867 501C3 339403 0 N/A N/A FINANCIAL COMMONS ONECOMMUNITY ALLIANCE 3333 W DIVISION ST SUITE 112 SAINT CLOUD MN 56301 844225111 501C3 8078 0 N/A N/A NONPROFIT INFRASTRUCTURE GRANT PROGRAM ONEMINNESOTAORG 2112 RUSSELL AVE NORTH MINNEAPOLIS MN 55411 812392014 10175 0 N/A N/A FISCAL SPONSORSHIP ORGANIZATION OF LIBERIANS IN MINNESOTA 7001 78TH AVE N SUITE 200 BROOKLYN PARK MN 55445 411764368 501C3 11261 0 N/A N/A NONPROFIT INFRASTRUCTURE GRANT PROGRAM OUR STREETS MINNEAPOLIS 701 N 3RD STREET 001A MINNEAPOLIS MN 55401 271539442 501C3 37777 0 N/A N/A NONPROFIT INFRASTRUCTURE GRANT PROGRAM PHUMULANI MINNESOTA AFRICAN WOMEN AGAINST VIOLENCE 121 WASHINGTON AVENUE NORTH 4TH FLOOR MINNEAPOLIS MN 55401 813885346 501C3 10646 0 N/A N/A NONPROFIT INFRASTRUCTURE GRANT PROGRAM RACING MAGPIE - WATERERS 801 EAST SAINT ANDREW ST RAPID CITY SD 57701 834658072 50C13 215000 0 N/A N/A SEEDING CULTURAL TREASURES REVIVING THE ISLAMIC SISTERHOOD FOR EMPOWERMENT 1007 WEST BROADWAY AVENUE MINNEAPOLIS MN 55411 811236990 501C3 9326 0 N/A N/A NONPROFIT INFRASTRUCTURE GRANT PROGRAM ROAD TO CHANGE THE 2110 NICOLLET AVE S MINNEAPOLIS MN 55404 873933205 501C3 70000 0 N/A N/A SEEDING CULTURAL TREASURES ROCHESTER AREA FOUNDATION 12 ELTON HILLS DRIVE NW ROCHESTER MN 55901 416017740 501C3 50000 0 N/A N/A SEEDING CULTURAL TREASURES ROOTS FOR THE HOME TEAM 570 WABASHA ST FLOOR 12 SAINT PAUL MN 55102 462184817 501C3 21168 0 N/A N/A NONPROFIT INFRASTRUCTURE GRANT PROGRAM SACRED BUNDLE INC 66624 162ND ST NW CASS LAKE MN 56633 812358243 70000 0 N/A N/A SEEDING CULTURAL TREASURES SAINT PAUL NEIGHBORHOOD NETWORK 550 VANDALIA STREET SUITE 170 ST PAUL MN 55105 411500773 501C3 37500 0 N/A N/A RECOVERY CAPITAL LOAN PROGRAM SERPENTINA ARTS 3733 16TH AVE S MINNEAPOLIS MN 554072803 920725875 501C3 30000 0 N/A N/A SEEDING CULTURAL TREASURES SOMALI AMERICAN FARMERS ASSOCIATION 2276 E LAKE JESSIE RD SE ALEXANDRIA MN 56308 850540699 501C3 26000 0 N/A N/A FISCAL SPONSORSHIP SOMALI MUSEUM OF MINNESOTA 1516 E LAKE ST STE 11 MINNEAPOLIS MN 554072356 462821976 501C3 11129 0 N/A N/A NONPROFIT INFRASTRUCTURE GRANT PROGRAM SPARK EDUCATION PO BOX 4232 ST PAUL MN 551040232 884330468 161670 0 N/A N/A FISCAL SPONSORSHIP SPRINGBOARD FOR THE ARTS 262 UNIVERSITY AVENUE WEST ST PAUL MN 55103 411690483 501C3 30860 0 N/A N/A NONPROFIT INFRASTRUCTURE GRANT PROGRAM, SEEDING CULTURAL TREASURES SUKOON HEALING OF THE MINDS 117 121ST AVE NE BLAINE MN 55434 834079243 501C3 15025 0 N/A N/A NONPROFIT INFRASTRUCTURE GRANT PROGRAM SWEET POTATO COMFORT PIE 7200 DULUTH STREET GOLDEN VALLEY MN 55427 844657505 501C3 8750 0 N/A N/A NONPROFIT INFRASTRUCTURE GRANT PROGRAM TAIKOARTS MIDWEST 3949 13TH AVE S MINNEAPOLIS MN 55407 812475404 501C3 14000 0 N/A N/A NONPROFIT INFRASTRUCTURE GRANT PROGRAM THE JK MOVEMENT 631 UNIVERSITY AVENUE ST PAUL MN 55104 455052650 501C3 25000 0 N/A N/A RECOVERY CAPITAL LOAN PROGRAM TWIN CITIES MEDIA ALLIANCE 2525 E FRANKLIN AVE SUITE 250 MINNEAPOLIS MN 55406 421670009 501C3 9057 0 N/A N/A NONPROFIT INFRASTRUCTURE GRANT PROGRAM TWIN CITIES MUSSAR 4255 QUENTIN AVE MINNEAPOLIS MN 554163234 923975886 27522 0 N/A 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CLIENTS MUST APPLY AND ARE VETTED PRIOR TO ACCEPTANCE INTO THESE PROGRAMS. ALL GRANTEES MUST ACTIVELY PARTICIPATE IN THE PROGRAM, ATTEND REQUIRED MEETINGS AND TRAININGS, AND MEET MINIMUM PROGRAMMATIC AND FINANCIAL THRESHOLDS. STAFF ARE IN REGULAR CONTACT WITH GRANTEES BY PROVIDING ONGOING SUPPORT AND MONITORING GRANTEE PROGRESS AND, AS NECESSARY, FINANCIAL COMPLIANCE WITH RELEVANT GRANT PROGRAM. PROGRAM ACTIVITIES INCLUDE A WIDE VARIETY OF OFFERINGS, SUCH AS: SUPPORT FOR ORGANIZATIONAL REQUIREMENTS DURING ONBOARDING; ACCESS TO FREE OR DISCOUNTED TRAINING; GUIDANCE ON FINANCIAL MANAGEMENT, GOVERNANCE, AND STRATEGY; FREE OR DISCOUNTED CONSULTING SERVICES; INVITATIONS TO PARTICIPATE IN PEER LEARNING; AND TECHNICAL ASSISTANCE PROVIDED BY PROPEL NONPROFITS STAFF. X X X X 0 0 0 0 0 0 0 0 0 KATE BARR PRESIDENT AND CEO 199825 0 0 0 0 0 10232 0 17724 0 227781 0 0 0 ELLIE O'BRIEN VICE PRESIDENT & CFO 123554 0 0 0 0 0 6622 0 23716 0 153892 0 0 0 FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE SHALL BE COMPOSED OF THE OFFICERS AND ANY ADDITIONAL DIRECTORS DESIGNATED BY THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE SHALL HAVE THE AUTHORITY OF THE BOARD OF DIRECTORS IN THE MANAGEMENT OF THE BUSINESS OF THIS CORPORATION IN THE INTERVAL BETWEEN MEETINGS OF THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE SHALL AT ALL TIMES BE SUBJECT TO THE CONTROL AND DIRECTION OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM BASED ON THE AUDITED FINANCIAL STATEMENTS. THE 990 IS REVIEWED BY THE FINANCE COMMITTEE AND THE PRESIDENT/CEO. THE 990 IS DISTRIBUTED TO THE BOARD OF DIRECTORS BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE PROPEL NONPROFITS CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY BY ALL EMPLOYEES AND BOARD MEMBERS. EACH STAFF MEMBER IS REQUIRED TO DISCLOSE ANY DUALITIES OF INTEREST IN WRITING. NEW EMPLOYEES AND BOARD MEMBERS REVIEW THE POLICY AND DISCLOSE ANY DUALITIES OF INTEREST UPON FIRST JOINING THE STAFF OR BOARD. IN THE COURSE OF BUSINESS, IF AND WHEN A RELEVANT DUALITY OF INTEREST ARISES, THE EMPLOYEE OR BOARD MEMBER DISCLOSES IT VERBALLY AND IS RECUSED FROM ANY DECISION MAKING ROLE RELATED TO THE DUAL INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF PROPEL NONPROFITS BOARD OF DIRECTORS IS RESPONSIBLE FOR REVIEWING ANNUALLY THE PERFORMANCE AND SALARY OF THE PRESIDENT & CEO. BASED ON THE REVIEW, THE COMMITTEE DETERMINES COMPENSATION FOR THE PRESIDENT & CEO. IN ITS SALARY DETERMINATION, THE COMMITTEE ENGAGES AN HR COMPENSATION CONSULTANT, CONSIDERS SALARIES OF CEO'S IN PEER ORGANIZATIONS WITH COMPARABLE EXPERIENCE, CONSULTS SURVEY DATA OF NONPROFIT EXECUTIVES, AND REVIEWS THE HISTORY OF THE PRESIDENT & CEO'S COMPENSATION. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2023. FORM 990, PART VI, SECTION C, LINE 19 PROPEL NONPROFITS MAKES ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO ANYONE UPON REQUEST. PROPEL NONPROFITS' GOVERNING DOCUMENTS INCLUDE ITS ARTICLES OF INCORPORATION, BYLAWS, AND IRS FORM 1023. PROPEL NONPROFITS FINANCIAL STATEMENTS, ANNUAL REPORTS, AND QUARTERLY INVESTOR REPORTS ARE AVAILABLE TO THE PUBLIC VIA ITS WEBSITE. PROPEL NONPROFITS FINANCIAL STATEMENTS INCLUDE ITS AUDITED FINANCIAL STATEMENTS, SINGLE AUDIT (WHEN REQUIRED), AND IRS FORM 990 INCLUDING SCHEDULES AND ATTACHMENTS.