NonprofitsNortheast Minneapolis Tool Library

Education

Northeast Minneapolis Tool Library

MINNEAPOLIS, MN

Total revenue

$274K

Total expenses

$230K

Net assets

$258K

Grants received

$52K

6 grants

EIN

471051712

Tax year

2024

Mission

Lending tools to members and providing education regarding safe tool use.

Programs

2 programs

Teaching members and individual community members safe tool use and project-based projects.

Expenses: $12K

Community service projects.

0

Financials

FY 2024

Revenue

Contributions & grants$231K
Program service revenue$43K
Investment income$459
Other revenue
Total revenue$274K

Expenses

Grants paid
Salaries & benefits$123K
Fundraising
Other expenses$107K
Total expenses$230K
Total assets$258K
Net assets$258K

People

6 listed

NameRoleCompensation

Timothy McCormick

President

Board

5 hrs/wk

Katheryn Schneider

Boardmember

Board

5 hrs/wk

Zachary Wefel

Boardmember

Board

5 hrs/wk

Tim Nelson

Boardmember

Board

5 hrs/wk

Nathan Schneider

Boardmember

Board

5 hrs/wk

Kate Hersey

Executive Director

Staff

$42K

20 hrs/wk

Grants received

Showing 6 of 6

FromAmountPurposeYear
$1K
General & Unrestricted
2024
$30K
CHARITABLE DONATION
2023
$330
GIFT MATCHING
2022
$8K
CHARITABLE DONATION
2021
$10K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
$2K
DOLLARS FOR DOERS
2020

Funded by

$52K from 4 funders · 6 grants · 2020–2024

Charities Aid Foundation America

$39K · 2 grants · 2021–2023

The Graco Foundation

$2K · 2 grants · 2020–2022

The Mike and Beth Diem Foundation

$1K · 1 grant · 2024

Details

EIN471051712
NTEE codeB70
Subsection03
Ruling date2015-02
Formed2014
Employees9
Volunteers20
NORTHEAST MINNEAPOLIS TOOL LIBRARY — Mission, Financials & Grants Received | Grantivo