Overview
What is Minnesota Indigenous Business Alliance?
Minnesota Indigenous Business Alliance (MNIBA) is a nonprofit organization situated in Saint Paul, Minnesota. Their primary aim is to support and empower Indigenous businesses through education, outreach, and resource connection. In 2022, they helped businesses transition to a virtual platform due to the ongoing impact of COVID-19. MNIBA also played a role in reviewing and commenting on the Building Tribal Economies Toolkit by the National Congress of American Indians. They collaborated with partners to explore ways of ensuring equitable access to resources, tools, and financial assistance for Native American businesses. MNIBA played a significant role in developing the Native Community Cooperative Developers Certification program, which has already launched Phase I with participation from 15 Native Nations. They have directly supported over 100 native entrepreneurs and artists, offering guidance on market analysis, financial planning, networking opportunities, and financial resource referrals. MNIBA has also collaborated with partners to provide entrepreneurial training at Bois Forte and Tribal Enterprise Development at Fond du Lac. Through various communication channels, including email, presentations, newsletters, and social media, MNIBA reached over 20,000 people. Their mission, "ACT: Align Partners, Connect Businesses to Resources and Transform Native Economies," reflects their commitment to strengthening Indigenous businesses and economies. The organization currently employs 3 individuals.
Official website here: www.mniba.org
Is Minnesota Indigenous Business Alliance legitimate?
Minnesota Indigenous Business Alliance is a legitimate nonprofit organization registered as a 501(c)(3) entity. Minnesota Indigenous Business Alliance 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: $64,963
Professional Fundraising Fees: $0
Other Salaries and Wages: $57,632
For more financial information, click here
Official website here: www.mniba.org
What is the mission statement of Minnesota Indigenous Business Alliance?
The Minnesota Indigenous Business Alliance, often referred to as MNIBA, aims to align partners, connect indigenous businesses to resources, and ultimately transform native economies. This organization actively engages in education and outreach, assisting businesses in transitioning to a virtual platform and advocating for equitable access to resources, tools, technical assistance, and affordable financial resources. MNIBA has played a significant role in developing the Native Community Cooperative Developers Certification program, with Phase I completed and subsequent phases planned for the future. The alliance has become a national leader in indigenous cooperative development, offering direct business support to over 100 native entrepreneurs and artists. Through various communication platforms, MNIBA has reached over 20,000 people, promoting its mission and fostering growth in indigenous businesses.
Official website here: www.mniba.org
Who is the CEO of Minnesota Indigenous Business Alliance?
Pamela Standing is the Executive Director of Minnesota Indigenous Business Alliance.
Official website here: www.mniba.org
What is the revenue of Minnesota Indigenous Business Alliance?
Minnesota Indigenous Business Alliance's revenue in 2022 was $369,689.
Official website here: www.mniba.org
Who are the executives of Minnesota Indigenous Business Alliance and what are their salaries?
The average compensation at Minnesota Indigenous Business Alliance during 2022 was $40,865. There are 3 employees and 168 volunteers at Minnesota Indigenous Business Alliance.
Here are 8 key members and their salaries:
- Compensation: $62,780
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- Compensation: $2,182
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Official website here: www.mniba.org
Where can I find the form 990 for Minnesota Indigenous Business Alliance?
Minnesota Indigenous Business Alliance's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mniba.org
Learn more at the official website: www.mniba.org
Mission Statement of Minnesota Indigenous Business Alliance
The Minnesota Indigenous Business Alliance, often abbreviated as MNIBA, is dedicated to a three-pronged approach aimed at enhancing the economic landscape for Indigenous businesses. This approach involves aligning partners, connecting businesses to necessary resources, and transforming Native economies.
MNIBA's primary objective is to foster partnerships among various entities that share a common goal of uplifting Indigenous businesses. By doing so, the alliance aims to create an environment where these businesses can thrive and contribute significantly to the overall economy.
In addition to partner alignment, MNIBA works diligently to connect Indigenous businesses with essential resources and tools. This includes reviewing and commenting on resource development tools, such as the Building Tribal Economies Toolkit, and collaborating with funders and foundations to create programs like the Native Community Cooperative Developers Certification. By offering these resources, MNIBA helps Indigenous entrepreneurs and artists navigate the complexities of the business world, ultimately leading to their success.
MNIBA's efforts in partner alignment and resource connection have made it a leading voice in the field of Indigenous cooperative development. The organization is frequently sought out to present and speak on the topic, demonstrating its expertise and commitment to this cause. Over 100 Indigenous entrepreneurs and artists have directly benefited from MNIBA's support, which includes business plan reviews, financial guidance, and introductions to financial resources.
In summary, the Minnesota Indigenous Business Alliance is a powerful force working towards the growth and success of Indigenous businesses. By aligning partners, connecting businesses to resources, and transforming Native economies, MNIBA is playing a crucial role in uplifting Indigenous communities and promoting economic equality.
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Impact
October, 2024
The Minnesota Indigenous Business Alliance (MNIBA) has made a significant impact in transforming Native economies by aligning partners, connecting businesses to essential resources, and providing educational outreach. In response to the disruptions caused by the pandemic, MNIBA has facilitated the transition of numerous businesses to virtual platforms, helping them adapt to changing market conditions.
Through its involvement in initiatives like the Building Tribal Economies Toolkit, MNIBA has worked to advocate for equitable access to resources and financial tools necessary for Indigenous businesses. Additionally, MNIBA has collaborated with a national team to develop the Native Community Cooperative Developers Certification program, which has already engaged participants from 15 Native nations and is set to expand further in subsequent phases.
The organization has also directly supported over 100 Native entrepreneurs and artists by offering tailored business advice, including market evaluations and financial planning. It has partnered with local tribes to provide entrepreneurial training, enhancing skills and opportunities within the community.
With a broad reach, MNIBA has connected with over 20,000 individuals through various communications and events, demonstrating its commitment to fostering networking opportunities and enhancing visibility for Indigenous enterprises. Through more than 2,000 hours of volunteer efforts and community involvement, MNIBA continues to serve as a national leader in Indigenous cooperative development, influencing and empowering Indigenous economies across the country.
This information is meant to be a general summary of Minnesota Indigenous Business Alliance. 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: $803
- Program Service Revenue: $150
- Gross Receipts: $379,961
Assets and Liabilities:
- Total Assets: $446,026
- Total Liabilities: $7,249
- Net Assets: $438,777
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Organization Details
Founding Year
2008
Phone
(612) 431-1804Principal Officer
Pamela Standing
Main Address
PO Box 40354, Saint Paul, MN, 55104
Website
www.mniba.orgNTEE Category
Code: S01 - Community improvement
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