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Bancroft Neighborhood Association

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

EIN: 411717318 ✦ Minneapolis, MN ✦ Designated as a 501(c)(3)

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Overview

What is Bancroft Neighborhood Association?

The Bancroft Neighborhood Association is a community-driven nonprofit organization with a mission to revitalize its neighborhood. They accomplish this mission by promoting education, fostering block club development, organizing neighborhood events, publishing a newsletter, and reaching out to residents. Additionally, they play a significant role in commercial development, managing the Great Streets grant and offering their own commercial improvement grant. In 2013, these initiatives positively impacted eleven local businesses, contributing to overall neighborhood improvement.


Official website here: www.bancroftneighborhood.org

Is Bancroft Neighborhood Association legitimate?

Bancroft Neighborhood Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bancroft Neighborhood Association submitted a form 990EZ, 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.


Official website here: www.bancroftneighborhood.org

What is the mission statement of Bancroft Neighborhood Association?

The Bancroft Neighborhood Association is dedicated to revitalizing its community. They achieve this mission through various means, including education, fostering block clubs, organizing neighborhood events, and publishing a newsletter. Furthermore, they reach out to residents to engage them in the revitalization process. In addition to community development, the association also manages grant programs to support commercial development. In 2013, eleven businesses benefited from these initiatives, contributing to the overall neighborhood improvement.


Official website here: www.bancroftneighborhood.org

Who is the CEO of Bancroft Neighborhood Association?

Luke Stultz is the Executive Director of Bancroft Neighborhood Association.


Official website here: www.bancroftneighborhood.org

What is the revenue of Bancroft Neighborhood Association?

Bancroft Neighborhood Association's revenue in 2022 was $101,315.


Official website here: www.bancroftneighborhood.org

Who are the executives of Bancroft Neighborhood Association and what are their salaries?


Here are 8 key members and their salaries:


Satish Desai (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Heineman (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Neal Baxter (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Caldwell (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Twist (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pat Siebert (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Courtney Gildersleeve (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Luke Stultz (Executive Director)
  • Compensation: $41,076
  • Related: $0
  • Other: $0


Official website here: www.bancroftneighborhood.org

Where can I find the form 990EZ for Bancroft Neighborhood Association?

Bancroft Neighborhood Association's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.bancroftneighborhood.org

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

Mission Statement of Bancroft Neighborhood Association

The Bancroft Neighborhood Association is committed to revitalizing its community through various initiatives. Their mission encompasses promoting neighborhood improvement by means of educational programs, fostering the development of block clubs, organizing neighborhood events, and publishing a newsletter. Additionally, the association plays a crucial role in the commercial sector, administering the Great Streets Grant and having its own Commercial Improvement Grant. These programs aided eleven businesses in their revitalization efforts in 2013, further enhancing the neighborhood's overall development. In essence, the Bancroft Neighborhood Association works tirelessly to revitalize its community by focusing on education, block club development, and neighborhood events, while also supporting local businesses through its grant programs.

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Impact




October, 2024

The Bancroft Neighborhood Association has made a significant impact on the Minneapolis community by spearheading a neighborhood revitalization program that focuses on education, community engagement, and commercial development. Through initiatives such as block club development and the organization of neighborhood events, the association fosters a sense of community and encourages residents to be actively involved in local happenings.

A key aspect of their work is administering the Great Streets grant and their own commercial improvement grant, which support local businesses. In 2013, eleven businesses benefited from these grant programs, showcasing the association's commitment to enhancing the neighborhood's economic landscape. Additionally, the publication of newsletters and outreach efforts ensures inclusive communication, keeping residents informed and connected.

These multifaceted efforts contribute to overall neighborhood improvement, creating a vibrant and thriving community that attracts residents and businesses alike.




This information is meant to be a general summary of Bancroft Neighborhood Association. 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
$101,315 (2022)
Expenses
$90,919 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $101,315

Assets and Liabilities:

  • Total Assets: $67,890
  • Total Liabilities: $0
  • Net Assets: $67,890

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Organization Details

Principal Officer

Luke Stultz

Main Address

4120 17th Avenue, Minneapolis, MN, 55407

NTEE Category

Code: S20Z - Community improvement

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