Overview
What is Emerge Community Development?
Emerge Community Development is a nonprofit organization situated in Minneapolis, Minnesota, at 1834 Emerson Avenue North. Their primary mission is to unlock the potential in individuals and communities by providing skill development, employment opportunities, and fostering economic prosperity. They achieve this through various programs, including workforce training, career counseling, job placement, career laddering, and ongoing support to help participants enhance their earning capacity and improve access to professional advancement. Their activities are driven by a commitment to facilitate life changes for individuals dealing with significant challenges and to instigate broader, systemic change within the community. They aim to promote economic self-sufficiency and create jobs and wealth through social enterprises and community development activities, as reflected in their organizational goals. As of the provided information, Emerge Community Development employs 110 individuals.
Official website here: www.emerge-mn.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96% (Four-Star out of Four Star rating)
Emerge Community Development has achieved a stellar score of 96% on Charity Navigator, reflecting its strong commitment to accountability and financial health. The charity's overall rating is based entirely on its robust performance in the Accountability & Finance category, where it received full points in several key areas, including independent board member representation and financial oversight.
The organization has an entirely independent board, demonstrating a clear commitment to governance and ethical practices. Additionally, it maintains rigorous financial practices with no reported diversion of assets and a program expense ratio of 72.70%, indicating that a significant portion of its funds is directed toward its programs rather than administrative costs.
While Emerge Community Development excels in financial management and governance as highlighted by its high ratings, ongoing transparency and effective communication with its stakeholders will be essential to maintaining its reputation and trust within the community. Overall, the charity showcases a strong operational foundation that supports its mission effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Emerge Community Development legitimate?
Emerge Community Development is a legitimate nonprofit organization registered as a 501(c)(3) entity. Emerge Community Development 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: $320,503
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,878,320
For more financial information, click here
Official website here: www.emerge-mn.org
What is the mission statement of Emerge Community Development?
Emerge Community Development's mission is centered around unlocking potential in individuals and communities. They achieve this through various means, including skill-building programs, employment opportunities, and fostering economic self-sufficiency. The organization's commitment extends beyond individual transformation, aiming to catalyze broader, systemic change at the community level. Key goals include the creation of jobs and wealth through social enterprise and community development activities. Emerge Community Development strives to facilitate life improvements for individuals facing significant barriers and contribute to a more prosperous community as a whole.
Official website here: www.emerge-mn.org
Who is the CEO of Emerge Community Development?
Michael Wynne is the President & Ceo of Emerge Community Development. The CEO's salary of Emerge Community Development is $195,894 and their total compensation is $224,654.
Official website here: www.emerge-mn.org
What is the revenue of Emerge Community Development?
Emerge Community Development's revenue in 2022 was $6,109,319.
Official website here: www.emerge-mn.org
Who are the executives of Emerge Community Development and what are their salaries?
The average compensation at Emerge Community Development during 2022 was $29,080. There are 110 employees and 25 volunteers at Emerge Community Development.
Here are 15 key members and their salaries (Emerge Community Development's CEO's salary is $195,894 and their total compensation is $224,654):
- Compensation: $195,894
- Related: $0
- Other: $28,760
- Compensation: $40,197
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- Other: $8,805
- Compensation: $44,001
- Related: $0
- Other: $2,846
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Official website here: www.emerge-mn.org
Where can I find the form 990 for Emerge Community Development?
Emerge Community Development's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.emerge-mn.org
Learn more at the official website: www.emerge-mn.org
Mission Statement of Emerge Community Development
Emerge Community Development is an organization committed to unlocking the potential in individuals and communities. Their mission is multifaceted, aiming to foster personal growth through skill development, employment opportunities, and economic empowerment. This mission reflects Emerge's dedication to facilitating life transformations for individuals confronting significant challenges, and a commitment to instigating broader, systemic changes at the community level.
The organization's key objectives include promoting self-sufficiency by offering a variety of employment and training programs. Furthermore, Emerge strives to create jobs and generate wealth through social enterprises and community development activities. By focusing on these areas, Emerge Community Development aims to make a tangible impact in people's lives and contribute to the betterment of their communities.
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Impact
July, 2024
Emerge Community Development transforms lives by providing training, counseling, job placement, and ongoing support to help individuals realize their full potential in the workforce, thereby increasing their earning potential and access to professional development. Their work in Minneapolis, MN, focuses on creating economic self-sufficiency and generating employment opportunities through social enterprise and community development initiatives. By revealing the potential in people and communities, Emerge fosters both individual growth and systemic change, ultimately contributing to a stronger and more prosperous society.
This information is meant to be a general summary of Emerge Community Development. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $32,083
- Gross Receipts: $6,130,297
Assets and Liabilities:
- Total Assets: $6,560,330
- Total Liabilities: $1,631,200
- Net Assets: $4,929,130
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PRODUCTION REVENUE
Revenue
$32,083
Organization Details
Founding Year
1995
Phone
(612) 529-9267Principal Officer
Michael Wynne
Main Address
1834 EMERSON AVENUE NORTH, MINNEAPOLIS, MN, 55411
Website
www.emerge-mn.orgNTEE Category
Code: J22 - Employment
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