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Great Neighborhoods! Development Corporation
(Detailed Report)
Meets all standards
1113 E. Franklin
#202
Minneapolis, MN 55404
Principal Staff:Theresa Carr, CEO
Chair: Beverly Turner
EIN: 51-0172474
Phone: (612)870-7555
Fax: (612)870-0275
Website: www.greatneighborhoodsdc.com
IRS Code: 501(c)(3)
Giving Guide Categories
- All Charities (Reviewed by the Council)
- Public Benefit
MISSION
Great Neighborhoods! Development Corporation advances economic opportunity for underserved communities by creating vibrant commercial destinations in resurgent Minneapolis neighborhoods.
990 SNAPSHOT (2005-2007)
Programs and Expenses (2007)
Program Services: Property Management & Development: $1,939,004
Program Services: Neighborhood Projects: $82,200
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3-Year Average Charity Expenses
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% of total expenses
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| Program Services: |
$1,962,953
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84.5%
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| Management: |
$251,996
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10.9%
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| Fundraising: |
$106,842
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4.6%
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Accountability Review Results:
Date of final report: 06/11/2009
PUBLIC DISCLOSURE
GOVERNANCE
FINANCIAL ACTIVITY
FUNDRAISING
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CHARITY RESPONSE TO REVIEW:
GNDC is pleased to have met all the standards of the Charities Review Council. We aspire to meet the highest standards of accountability and wish to ensure donors that dollars invested will be used prudently and according to the principles and goals set forth by our organization.
GNDC’s has successfully advanced economic empowerment for thousands of people by creating vibrant commercial destinations in the poorest of neighborhoods. On East Franklin Avenue, our real estate formula has attracted 50+ businesses that employ 500+ people.
With our current project, GNDC aims to catalyze economic empowerment and vitality in the impoverished area of north Minneapolis. A re-energized West Broadway corridor will provide hundreds of new jobs, dramatically improved housing values and significant reduction in crime. The neighborhood will also experience important benefits of family stability, wealth creation for the very poor, and a safer environment for the 18,000 children in the area.
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NON-CASH DONATIONS
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(612)870-7555
Type of Goods Accepted:
N/A
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CHARITY DETAILS
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Number of FTE (Full-Time Equivalent):
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5
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Number of Volunteers:
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32
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Number of clients served in the last fiscal year:
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0
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