nonprofit logo

Towerside Innovation District

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

EIN: 823639718 ✦ 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 Towerside Innovation District?

Towerside Innovation District is a nonprofit organization situated in Minneapolis, Minnesota. Post-pandemic, George Floyd's tragedy, and the climate crisis, the organization has revised its vision, focusing on bolstering equitable and eco-friendly district systems, enhancing living and workforce development in clean/green technology sectors. The organization underwent management changes at the board level, introducing a new chair, treasurer, and board members. To engage further with the community, they have also reinvigorated their outreach efforts. Key projects, such as fundraising, parking studies, energy systems, and others, are being rejuvenated. Towerside collaborates with various mission-driven, community-based, educational, environmental, and governmental organizations to cultivate a sustainable community of discovery and innovation in the Minneapolis and Saint Paul districts.


Official website here: www.towersidemsp.org

Is Towerside Innovation District legitimate?

Towerside Innovation District is a legitimate nonprofit organization registered as a 501(c)(3) entity. Towerside Innovation District 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.towersidemsp.org

What is the mission statement of Towerside Innovation District?

The Towerside Innovation District collaborates with various mission-driven organizations to foster a sustainable community of discovery and innovation. Their primary goal is to create and maintain an environment that encourages innovation, particularly in the areas of education, sustainability, and clean/green technology. In response to recent societal changes, the organization has revised its vision to focus on equitable and climate-protecting systems, improved livability, and workforce development in these sectors. Following a management change and community engagement efforts, the organization has also revitalized several key projects, such as fundraising, energy system improvements, and the Malcolm Yards project.


Official website here: www.towersidemsp.org

Who is the CEO of Towerside Innovation District?

Sabina Saksena is the President/Chair (2Nd Half Of 2022) of Towerside Innovation District.


Official website here: www.towersidemsp.org

What is the revenue of Towerside Innovation District?

Towerside Innovation District's revenue in 2022 was $78,630.


Official website here: www.towersidemsp.org

Who are the executives of Towerside Innovation District and what are their salaries?

There 12 volunteers at Towerside Innovation District.


Here are 15 key members and their salaries:


Sabina Saksena (President/Chair (2Nd Half Of 2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Rucker (President/Chair (1St Half Of 2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Karl Reichert (Treasurer (2Nd Half Of 2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Vince Netz (Treasurer (1St Half Of 2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Nina Axelson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Berthelsen (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Metric Giles (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Gilyard (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gloria Jeff (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Landenberger (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pat Mascia (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Nelson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachel Placzek (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sam Rockwell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Weiss (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.towersidemsp.org

Where can I find the form 990 for Towerside Innovation District?

Towerside Innovation District's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.towersidemsp.org

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

Mission Statement of Towerside Innovation District

Towerside Innovation District is a collaborative organization that works in tandem with mission-driven, community-based, educational, environmental, and governmental entities to establish and maintain a sustainable community of discovery and innovation within the Towerside District. Their primary objective is to foster a harmonious environment where these organizations can thrive and contribute to the betterment of society.

In the wake of the pandemic, George Floyd's murder, and the climate imperative, Towerside Innovation District, along with its community partners and board, developed a vision for Towerside 2.0. This vision entails a strong focus on doubling down on equitable and climate-protecting district systems, as well as transforming livability and workforce development in clean/green tech areas. Towerside Innovation District also underwent a management change at the board level, bringing in a new chair, treasurer, and board members. Additionally, they have made strides to reinvigorate their engagement with the community, the board, and the community stakeholders.

In summary, Towerside Innovation District is an organization dedicated to fostering a collaborative environment for mission-driven organizations. Their mission is to establish a sustainable community of discovery and innovation, and in response to recent events, they have shifted their focus towards equitable and climate-protecting systems, as well as livability and workforce development in clean/green tech areas.

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




October, 2024

Towerside Innovation District is making a significant impact in the Minneapolis-Saint Paul area through its focus on equitable development, sustainability, and community engagement. In response to challenges such as the pandemic and social justice issues, the organization has launched the Towerside 2.0 vision, which emphasizes building climate-resilient infrastructure and enhancing livability and workforce development in clean and green technology sectors.

The initiative fosters collaboration among mission-driven and community-based organizations, educational institutions, and government entities, creating a synergistic approach to innovation and sustainability within the district. Notable projects under this initiative include a district parking study, a district energy system, and the Malcolm Yards project, all aimed at enhancing community accessibility and environmental stewardship.

Moreover, Towerside has reinvigorated its community engagement efforts and its governance structure by introducing new board members and leadership. This revamp ensures a more inclusive approach, allowing for diverse voices and perspectives in decision-making processes. By working closely with community stakeholders, Towerside seeks to create a sustainable and vibrant environment that not only addresses the current needs of residents but also prepares for a resilient future.




This information is meant to be a general summary of Towerside Innovation District. 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
$78,630 (2022)
Expenses
$63,910 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $165
  • Program Service Revenue: $13,000
  • Gross Receipts: $78,630

Assets and Liabilities:

  • Total Assets: $1,113,372
  • Total Liabilities: $1,016,001
  • Net Assets: $97,371

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.

MAINTENANCE ASSESSMENT

Revenue

$13,000

Organization Details

Founding Year

2018

Principal Officer

Sabina Saksena

Main Address

3000 UNIVERSITY AVE SE 9, MINNEAPOLIS, MN, 55414

NTEE Category

Code: S11 - Community improvement

If you are a representative of Towerside Innovation District 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.