Minneapolis Business Mentors

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

EIN: 845040000 ✦ St louis park, MN ✦ Designated as a 501(c)(3)

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Overview

What is Minneapolis Business Mentors?

Minneapolis Business Mentors is a nonprofit organization, situated in St Louis Park, Minnesota. It comprises a team of volunteers, diverse in backgrounds, who dedicate their skills, experiences, knowledge, and talents to assisting entrepreneurs and small business owners. They provide roundtable discussions, offering valuable feedback on business challenges, drawing from their own experiences in similar situations. Moreover, they have an innovative program named Elevate, designed to support diverse businesses in Hennepin County, aiding in their recovery from the pandemic's impacts and setting them up for future success.


Official website here: www.mbmentors.org

Is Minneapolis Business Mentors legitimate?

Minneapolis Business Mentors is a legitimate nonprofit organization registered as a 501(c)(3) entity. Minneapolis Business Mentors submitted a form 990EZ, 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.


Official website here: www.mbmentors.org

What is the mission statement of Minneapolis Business Mentors?

Minneapolis Business Mentors is driven by a mission to assist and guide entrepreneurs and small business owners. This is accomplished through a team of volunteers who bring their expertise, experiences, knowledge, talents, and abilities to the table. They conduct roundtable discussions to offer feedback on challenging business issues, drawing from personal experiences in similar situations. Moreover, they have an innovative program named Elevate, which aims to aid diverse businesses in Hennepin County in recovering from the impacts of the pandemic and setting themselves up for future success. Overall, the organization's primary goal is to provide support and guidance to entrepreneurs and small business owners, leveraging the collective wisdom and experience of its volunteer mentors.


Official website here: www.mbmentors.org

Who is the CEO of Minneapolis Business Mentors?

Unavailable


Official website here: www.mbmentors.org

What is the revenue of Minneapolis Business Mentors?

Minneapolis Business Mentors's revenue in 2022 was $48,793.


Official website here: www.mbmentors.org

Who are the executives of Minneapolis Business Mentors and what are their salaries?


Here are 7 key members and their salaries:


Marshall Jones (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Handy (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Rudick (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Menten (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryan Sykora (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Art Shore (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Marcovitch (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mbmentors.org

Where can I find the form 990EZ for Minneapolis Business Mentors?

Minneapolis Business Mentors's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.mbmentors.org

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

Mission Statement of Minneapolis Business Mentors

Minneapolis Business Mentors, a diverse team of volunteers, is dedicated to supporting entrepreneurs and small business owners. Their mission is to leverage their skills, experiences, knowledge, talents, and abilities to offer guidance and advice. They organize roundtables for constructive feedback on challenging business issues, drawing from their personal experiences in similar situations. Furthermore, they have an innovative program called Elevate, aimed at aiding diverse businesses in Hennepin County to recover from the impacts of the pandemic and build a promising future. This initiative is instrumental in helping these businesses to overcome the challenges posed by the pandemic and thrive in the long run.

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Impact




August, 2024

Minneapolis Business Mentors has a significant impact on the local entrepreneurial community by offering invaluable advice, support, and guidance to small business owners and entrepreneurs. Their diverse team of skilled volunteers leverages their experiences, knowledge, talents, and abilities to provide practical solutions and feedback on challenging business issues. Through their roundtables and the innovative Elevate program, Minneapolis Business Mentors actively contribute to the success and recovery of diverse businesses in Hennepin County, particularly in the wake of the pandemic. Their commitment to fostering growth and resilience in the local business ecosystem makes them a vital resource for entrepreneurs seeking to thrive in a competitive market.




This information is meant to be a general summary of Minneapolis Business Mentors. 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
$48,793 (2022)
Expenses
$19,861 (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: $37,625
  • Gross Receipts: $48,793

Assets and Liabilities:

  • Total Assets: $66,064
  • Total Liabilities: $1,863
  • Net Assets: $64,201

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Organization Details

Main Address

5775 WAYZATA BLVD 700, ST LOUIS PARK, MN, 55416

NTEE Category

Code: B02 - Education

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