VEAP Inc.
Neighbors serving neighbors in need
Mission Statement
Review Completed: 5/28/2010
9728 Irving Avenue South Bloomington, MN 55431
Phone: 952.888.9616
Fax: 952.881.8322
| Other Names Used |
Volunteers Enlisted to Assist People |
| EIN |
41-6175999 |
| Principal Staff |
Susan Russell Freeman, Executive Director |
| Number of Full-Time Equivalents (FTE) |
15 |
| Number of Volunteers |
804 |
| Number of Clients Served |
18,189 |
| Donated Goods |
Accepts donated goods |
General Information
| Board Chair |
Deb Krieg |
| Number of Board Members |
15 |
| Board meetings with quorum |
10 |
| Average Member Attendance at Board Meetings |
11.3 |
| Publicly Available Documents |
Most Recent 990
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Most Recent Audit
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Board
Accomplishments
VEAP serves Bloomington, Edina, Richfield and South Minneapolis and the 2007-2009 Census update shows that 81% caucasian, 6% African American, 6% Hispanic Latino, 5% Asian and less then 3% other. A recent client survey at VEAP shows that 31% of those served were Hispanic, 26% Caucasian, 20% African American and 4% Asian. VEAP's services also mirrored the Census employment information in that more then half of our clients are employed and simply not able to makes end meet on a low wage salary. Census update shows that 30% of residents are in sales or hospitality, 17% office administration and 8% unemployed and thus earning low or minimum wage.
Current Goals
VEAP will continue to work with clients, volunteers, staff, and other stakeholders in the community to evaluate the progress and success of VEAP’s programs and to ensure VEAP fulfills its neighbors serving neighbors mission and accomplishes its goals to prevent hunger, support stability, and ultimately improve the lives of people in the community.
Community or Constituency Served
Low-income residents
Geographic Area Served
Bloomington, Edina, Richfield and Minneapolis south of 50th and East of Cedar
Impact and Programs
3 Year Average Expenses
| Program Services: |
$3,074,140 |
93% |
| Management: |
$88,106 |
2.7% |
| Fundraising: |
$141,612 |
4.3% |
Unrestricted Net Assets
|
2009 |
2008 |
2007 |
| End of Year: |
$1,947,025 |
$1,973,209 |
$1,813,210 |
| Beginning of Year |
$1,973,209 |
$1,813,210 |
$1,721,097 |
| Difference |
($26,184) |
$159,999 |
$92,113 |
| Unrestricted Net Assets (End of Year), Current 990 |
$1,947,025 |
| Based on information provided on 2007 to 2009 |
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Financials
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