nonprofit logo

Twin Cities Innovation Alliance

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

EIN: 821701598 ✦ Minneapolis, MN ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Twin Cities Innovation Alliance?

Twin Cities Innovation Alliance (TCIA) is a nonprofit organization situated in Minneapolis, Minnesota. Their primary role involves offering fiscal sponsorship to various charitable projects, not only within the Twin Cities but also beyond its boundaries. By providing financial and regulatory oversight, TCIA assists organizations that are yet to obtain their nonprofit status or have unique funding requirements. In addition to this, TCIA is committed to educating the community about current issues, social disparities, and other community needs, contributing to the betterment of their surroundings.


Official website here: www.tciamn.org

Is Twin Cities Innovation Alliance legitimate?

Twin Cities Innovation Alliance is a legitimate nonprofit organization registered as a 501(c)(3) entity. Twin Cities Innovation 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: $187,539
Professional Fundraising Fees: $0
Other Salaries and Wages: $77,543

For more financial information, click here


Official website here: www.tciamn.org

What is the mission statement of Twin Cities Innovation Alliance?

The Twin Cities Innovation Alliance, in its mission, offers fiscal sponsorship to a multitude of charitable initiatives beyond the Twin Cities. It provides both financial and regulatory oversight to these projects. Additionally, the organization is dedicated to educating the community about current issues, social disparities, and various community needs. By doing so, it aims to contribute to the betterment of these areas and the projects it supports.


Official website here: www.tciamn.org

What is the revenue of Twin Cities Innovation Alliance?

Twin Cities Innovation Alliance's revenue in 2024 was $458,009.


Official website here: www.tciamn.org

Who are the executives of Twin Cities Innovation Alliance and what are their salaries?

The average compensation at Twin Cities Innovation Alliance during 2024 was $26,508. There are 10 employees and 18 volunteers at Twin Cities Innovation Alliance.

Here are 6 key members and their salaries:


Marika Pfefferkorn (Founder Board Member)
  • Compensation: $78,115
  • Related: $0
  • Other: $0
Aasim Shabazz (Founder Board Member)
  • Compensation: $102,000
  • Related: $0
  • Other: $0
Damola Obigunde (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Talaya Tolefree (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonelle Ellis (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ishmael Isreal (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.tciamn.org

Where can I find the form 990 for Twin Cities Innovation Alliance?

Twin Cities Innovation Alliance's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.tciamn.org

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

Mission Statement of Twin Cities Innovation Alliance

Twin Cities Innovation Alliance, in its mission, serves as a fiscal sponsor for a multitude of charitable projects, not only within the Twin Cities region but also beyond. The organization takes on both financial and regulatory oversight duties for these projects, ensuring their smooth operation. Beyond this, Twin Cities Innovation Alliance is committed to educating the community about various pressing issues, social and economic disparities, and other pressing community needs. By doing so, the alliance aims to foster meaningful change and contribute to the betterment of society.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




July, 2024

The Twin Cities Innovation Alliance's impact is seen through its provision of fiscal sponsorship to numerous charitable projects within the Twin Cities and beyond. By offering financial and regulatory oversight, TCIA supports organizations with special projects or those awaiting non-profit status, enabling them to pursue their missions and visions. Additionally, TCIA educates the community on current issues, social and economic disparities, and other community needs, contributing to overall community improvement.




This information is meant to be a general summary of Twin Cities Innovation 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.

Revenue
$458,009 (2024)
Expenses
$655,898 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Program Service Revenue: $449,113
  • Gross Receipts: $458,009

Assets and Liabilities:

  • Total Assets: $949,477
  • Total Liabilities: $614,437
  • Net Assets: $335,040

Want to help this charity, for free? You can click here to learn more about Give Freely

Programs

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

Data 4 Public Good

Revenue

$444,933

Organization Details

Founding Year

2017

Principal Officer

Marika Pfefferkorn

NTEE Category

Code: S30 - Community improvement

If you are a representative of Twin Cities Innovation Alliance and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.