Overview
What is Building Blocks Inc?
Building Blocks Inc is a nonprofit organization situated in Minneapolis, Minnesota. Its primary mission is to provide affordable housing to individuals and families with income below 50% of the area median income. The organization's flagship project, The Commons at Penn Apartment Building, was fully leased from 2016 to 2018. Plans for a second phase, Penn Ave Union, were initiated in 2019 and are expected to complete in late 2020. The nonprofit also focuses on promoting healthy living in the community by collaborating with organizations like Wirth Co-op, providing affordable groceries in a food desert area, and establishing a food shelf within the co-op's closed space. Additionally, Building Blocks Inc offers after-school programming for youth in partnership with Opportunity Neighborhood Development Corporation, aiming to provide a healthy snack, homework assistance, and mentorship opportunities. The programming has been on pause but will resume in fall 2020, expanding its space and capacity.
Official website here: www.buildingblocksmn.org
Is Building Blocks Inc legitimate?
Building Blocks Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Building Blocks Inc 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.
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Official website here: www.buildingblocksmn.org
What is the mission statement of Building Blocks Inc?
Building Blocks Inc aims to provide high-quality, affordable housing for individuals and families, foster positive living programs for youth, and create economic opportunities and lower barriers to entry for aspiring business owners in the community. They have successfully leased their Penn Apartment building since 2016, offering stable housing to residents with low incomes. In addition, they have partnered with organizations to provide after-school programs, healthy snacks, homework assistance, and mentorship opportunities for local youth. They also aimed to address food desert issues by leasing commercial space to a grocery cooperative, although the cooperative closed temporarily in 2019 and was replaced by a Hennepin County food shelf. The food shelf has since become a successful addition to the community. Plans for a second phase of affordable housing are underway with the Penn Ave Union project, scheduled to be completed in 2020.
Official website here: www.buildingblocksmn.org
Who is the CEO of Building Blocks Inc?
Devean George is the Director of Building Blocks Inc.
Official website here: www.buildingblocksmn.org
What is the revenue of Building Blocks Inc?
Building Blocks Inc's revenue in 2022 was $1,385.
Official website here: www.buildingblocksmn.org
Who are the executives of Building Blocks Inc and what are their salaries?
Here are 5 key members and their salaries:
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Official website here: www.buildingblocksmn.org
Where can I find the form 990 for Building Blocks Inc?
Building Blocks Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.buildingblocksmn.org
Learn more at the official website: www.buildingblocksmn.org
Mission Statement of Building Blocks Inc
Building Blocks Inc, a nonprofit organization, is committed to providing high-quality, affordable housing for individuals and families. Its mission extends beyond housing, as it also aims to foster positive living experiences for the youth of the community and promote economic opportunities for aspiring business owners. By offering low-cost housing, Building Blocks Inc provides a stable living environment for residents whose income falls below 50% of the area median income.
In addition to housing, Building Blocks Inc is dedicated to addressing the food desert issue in a specific area of the community. It achieved this by leasing commercial space to Wirth Co-op, an organization that offers affordable groceries, including culturally sensitive food items. However, due to unforeseen circumstances, Wirth Co-op temporarily closed in July 2019 and was replaced by a Hennepin County food shelf. The food shelf has been a success, providing a valuable service to residents and the surrounding community.
Furthermore, Building Blocks Inc is invested in the youth of the community. It initiated after-school programming in partnership with Opportunity Neighborhood Development Corporation in March 2016. The program offered homework assistance, healthy snacks, and mentorship opportunities four days a week. In January 2018, Building Blocks transitioned to a new after-school program through Vision the Future, which is currently on pause but is set to resume in the fall of 2020. Executive Director of Building Blocks Inc, Devean George, continues to engage in mobile mentorship of local youth through after-school programs and camps, organizing events such as museum trips, Timberwolves games, and cooking classes. Discussions are also in process for a joint venture with "Mind the Gap."
In summary, Building Blocks Inc is a nonprofit organization that provides affordable housing, addresses food desert issues, and invests in the youth of the community through after-school programming and mentorship opportunities. Its mission is multifaceted, aiming to improve the quality of life for individuals and families while fostering a sense of community and promoting economic opportunities.
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Impact
October, 2024
Building Blocks Inc has made a significant impact in North Minneapolis by addressing pressing community needs through several key initiatives. The organization has successfully provided high-quality, low-cost housing options for individuals and families, as evidenced by the fully leased Commons at Penn apartment building, which serves residents with incomes below 50% of the area median. This stable housing is crucial for fostering a secure living environment, which in turn supports the overall well-being of residents.
Additionally, Building Blocks Inc has enhanced access to healthy food options in an area designated as a food desert. By transforming the commercial space at Commons at Penn to accommodate Hennepin County's food shelf, the organization has ensured that residents have access to nutritious foods at a time when such options are severely limited. This initiative not only addresses immediate food insecurity but also contributes positively to the health and vitality of the community.
The organization's commitment to youth programming has also been impactful, offering after-school services that include homework assistance and mentorship opportunities. These programs are designed to empower young residents and provide them with essential resources to succeed academically and personally. The expansion plans for these programs into larger facilities will further enhance their reach and effectiveness.
Building Blocks Inc is also dedicated to fostering economic opportunity. By creating pathways for aspiring business owners and reducing barriers to entry, the organization supports local entrepreneurship, which is crucial for economic growth within the community.
Overall, Building Blocks Inc plays a vital role in improving housing stability, food access, youth development, and economic opportunity in North Minneapolis, creating a foundation for long-term community resilience and growth.
This information is meant to be a general summary of Building Blocks Inc. 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.
- Investment Income: $1
- Gross Receipts: $1,385
Assets and Liabilities:
- Total Assets: $1,949,894
- Total Liabilities: $263,644
- Net Assets: $1,686,250
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Organization Details
Founding Year
2011
Phone
(612) 214-1557Principal Officer
Devean George
Main Address
2205 GOLDEN VALLEY ROAD, MINNEAPOLIS, MN, 55411
Website
www.buildingblocksmn.orgNTEE Category
Code: L20 - Housing
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