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Turning Lives Around

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

EIN: 464184999 ✦ Minneapolis, MN ✦ Designated as a 501(c)(2)

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Overview

What is Turning Lives Around?

Turning Lives Around is a nonprofit organization situated in Minneapolis, Minnesota, specifically at 236 Clifton Avenue, 55403. The primary purpose of this organization is to manage the ownership of certain property located at 1281 and 1201 East Seventh Street in Saint Paul, Minnesota. The income generated from this property is utilized to support another nonprofit organization named 180 Degrees, Inc. By doing so, Turning Lives Around plays a crucial role in contributing to the mission of 180 Degrees, Inc. The exact nature of 180 Degrees, Inc.'s mission is not specified in the provided information, but it is mentioned that the income is used to support their activities.


Official website here: www.180degrees.org

Is Turning Lives Around legitimate?

Turning Lives Around is a legitimate nonprofit organization registered as a 501(c)(2) entity. Turning Lives Around 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.180degrees.org

What is the mission statement of Turning Lives Around?

Turning Lives Around's mission is to manage the ownership of specific property, with the income generated from this property being utilized to support 180 Degrees, Inc. This organization's primary objective is to collect the property's income and subsequently transfer the entire amount, after deducting expenses, to 180 Degrees, Inc. In essence, Turning Lives Around serves as a financial intermediary, channeling funds to 180 Degrees, Inc., which presumably utilizes these funds to carry out its own mission or activities. The exact nature of 180 Degrees, Inc.'s mission or activities is not provided in the given information.


Official website here: www.180degrees.org

Who is the CEO of Turning Lives Around?

Dan Pfarr is the Chief Executive Officer of Turning Lives Around. The CEO's salary of Turning Lives Around is $0 and their total compensation is $205,315.


Official website here: www.180degrees.org

What is the revenue of Turning Lives Around?

Turning Lives Around's revenue in 2022 was $108,650.


Official website here: www.180degrees.org

Who are the executives of Turning Lives Around and what are their salaries?

There 3 volunteers at Turning Lives Around.


Here are 3 key members and their salaries (Turning Lives Around's CEO's salary is $0 and their total compensation is $205,315):


Dan Pfarr (Chief Executive Officer)
  • Compensation: $0
  • Related: $184,991
  • Other: $20,324
Girma Yimam (Chief Operating Officer)
  • Compensation: $0
  • Related: $120,584
  • Other: $11,780
Janet Hallaway (Director Of Advancement)
  • Compensation: $0
  • Related: $95,431
  • Other: $17,115


Official website here: www.180degrees.org

Where can I find the form 990 for Turning Lives Around?

Turning Lives Around's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.180degrees.org

Learn more at the official website: www.180degrees.org

Mission Statement of Turning Lives Around

Turning Lives Around is an organization with a unique mission. Its primary role is to hold the title to certain property, specifically located at 1281 and 1301 East Seventh Street in Saint Paul, Minnesota. The income generated from this property is then collected and, after deducting expenses, is entirely transferred to 180 Degrees, Inc. This financial support plays a crucial role in the operations of 180 Degrees, Inc., without which its activities might be impacted. In essence, Turning Lives Around acts as a financial steward, using property-related income to strengthen another nonprofit organization, 180 Degrees, Inc.

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Impact




October, 2024

Turning Lives Around has a significant impact by providing financial support to 180 Degrees, Inc. through the management of specific properties located at 1281 and 1301 East Seventh Street in Saint Paul, Minnesota. By collecting income from these properties, Turning Lives Around ensures that resources are available to further the mission of 180 Degrees, Inc., which focuses on community improvement and support services. This structure not only sustains essential programs and initiatives but also promotes the vitality of the local community. The steady income generated helps enhance and expand the services offered by 180 Degrees, creating positive outcomes for individuals in need and fostering overall community well-being.




This information is meant to be a general summary of Turning Lives Around. 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
$108,650 (2022)
Expenses
$150,066 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $108,650
  • Gross Receipts: $108,650

Assets and Liabilities:

  • Total Assets: $3,880,348
  • Total Liabilities: $1,086,059
  • Net Assets: $2,794,289

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$108,650

Organization Details

Founding Year

2013

Principal Officer

Dan Pfarr

Main Address

236 CLIFTON AVENUE, MINNEAPOLIS, MN, 55403

NTEE Category

Code: S47 - Community improvement

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