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Social Venture Partners Minnesota

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 030612359 ✦ Minneapolis, MN ✦ Designated as a 501(c)(3)

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Overview

What is Social Venture Partners Minnesota?

Social Venture Partners Minnesota is a nonprofit organization situated in Minneapolis, Minnesota. Their primary focus is grant-making and capacity building for youth-serving projects. They provide financial aid and collaborative consulting to enhance the impact of these organizations on the youth they serve and the community at large. Social Venture Partners Minnesota also offers education, training, and support to their donor partners, enabling them to become more effective consultants and philanthropists. Their mission is to catalyze equitable social change by expanding the influence of youth-serving organizations and fostering a community of engaged philanthropists. The organization has a modest workforce of three individuals.


Official website here: www.svpmn.org

Is Social Venture Partners Minnesota legitimate?

Social Venture Partners Minnesota is a legitimate nonprofit organization registered as a 501(c)(3) entity. Social Venture Partners Minnesota submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $123,990
Professional Fundraising Fees: $0
Other Salaries and Wages: $20,568

For more financial information, click here


Official website here: www.svpmn.org

What is the mission statement of Social Venture Partners Minnesota?

Social Venture Partners Minnesota catalyzes equitable social change by expanding the impact of youth-serving organizations and fostering an engaged community of philanthropists. They achieve this by providing grants and collaborative consulting on capacity-building projects to youth-focused organizations, enabling them to make a greater impact in their communities. Additionally, Social Venture Partners Minnesota offers education, training, and support for their donor partners, empowering them to become more effective consultants and philanthropists. Their approach includes a cohort peer-learning model for the executive directors of their current and alumni investee organizations.


Official website here: www.svpmn.org

Who is the CEO of Social Venture Partners Minnesota?

Deb Salls is the Board Chair of Social Venture Partners Minnesota.


Official website here: www.svpmn.org

What is the revenue of Social Venture Partners Minnesota?

Social Venture Partners Minnesota's revenue in 2022 was $327,828.


Official website here: www.svpmn.org

Who are the executives of Social Venture Partners Minnesota and what are their salaries?

The average compensation at Social Venture Partners Minnesota during 2022 was $48,186. There are 3 employees and 100 volunteers at Social Venture Partners Minnesota.


Here are 13 key members and their salaries:


Christi Strauss (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dionne Gumbs (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Ireland (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ellen Walthour (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Rogers (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Harper (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Burgum (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Holly Parker (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kyle Srivastava (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Bryant (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josh Susser (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniela Vasan (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deb Salls (Executive Director)
  • Compensation: $112,000
  • Related: $0
  • Other: $11,990


Official website here: www.svpmn.org

Where can I find the form 990 for Social Venture Partners Minnesota?

Social Venture Partners Minnesota's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.svpmn.org

Learn more at the official website: www.svpmn.org

Mission Statement of Social Venture Partners Minnesota

Social Venture Partners Minnesota, abbreviated as SVP Minnesota, aims to catalyze equitable social change by amplifying the impact of youth-serving organizations. Through its initiatives, the nonprofit expands the reach and effectiveness of these organizations, ultimately benefiting the youth they serve and the broader community. SVP Minnesota accomplishes this mission by offering grants and collaborative consulting for capacity-building projects. By providing financial support and strategic guidance, these organizations can enhance their operations and make a more profound impact in the lives of young people.

Beyond grantmaking and consulting, SVP Minnesota also invests in the development of its donor partners. The nonprofit offers education, training, and support, helping philanthropists become more effective consultants and advocates for the causes they care about. By fostering a community of engaged philanthropists, SVP Minnesota strengthens the collective impact of its partner organizations and contributes to a more equitable society. Its cohort peer-learning model for executive directors of current and alumni investee organizations further empowers these leaders to drive positive change in their respective organizations and communities.

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Impact




October, 2024

Social Venture Partners Minnesota drives transformative change by providing funding and collaborative consulting to youth-serving projects. This support enhances the capacity of organizations, enabling them to make a more significant impact on the youth and communities they serve. Through grant-making and capacity-building initiatives, they empower these organizations to strengthen their programs, reach more individuals, and create lasting social impact.

Additionally, Social Venture Partners Minnesota fosters a community of engaged philanthropists through education, training, and support, helping them develop into more effective consultants and advocates. Their innovative cohort peer-learning model connects executive directors, promoting shared knowledge and collaboration that further amplifies the impact of their efforts. Overall, their commitment to catalyzing equitable social change results in an ecosystem where both youth and the organizations supporting them can thrive.




This information is meant to be a general summary of Social Venture Partners Minnesota. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$327,828 (2022)
Expenses
$339,830 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $336,336

Assets and Liabilities:

  • Total Assets: $167,008
  • Total Liabilities: $463
  • Net Assets: $166,545

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Organization Details

Founding Year

2010

Principal Officer

Deb Salls

Main Address

2801 HENNEPIN AVE S 152, MINNEAPOLIS, MN, 55408

NTEE Category

Code: T20 - Philanthropy

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