2024-11-12T10:32:49-07:00 2023-12-31 271375413 BWK Rogers PC 431 South 7th Street Suite 2424 Minneapolis MN 55415 990 2023-01-01 300658898 NEXUS COMMUNITY PARTNERS NEXU 6512897038 2314 University Avenue Suite 18 Saint Paul MN 55114 Repa Mekha President and CEO 6512897038 2024-11-12 1 1 Melissa J Baraibar P02464922 6123325446 2024-11-03 2023 2024-10-15 13:58:12Z Repa Mekha 2314 University Avenue Suite 18 Saint Paul MN 55114 62787079 0 X www.nexuscp.org X 2010 MN Nexus' work ensures that people participate in the economic, civic and social activities that improve their communities and advance racial, social and economic equity. Nexus works on the East Side of St. Paul, in North and South Minneapolis, and in the broader Twin Cities region. Nexus advances its mission by focusing on three key activities: 1. Strengthening organizations: Nexus builds the capacity of the community-based organizations and their leaders to promote equitable and sustainable change in their communities. This is accomplished through funding and on-the-ground technical assistance. 2. Developing innovative initiatives: Nexus creates the space and provides support to innovative initiatives that advance equity and sustainable change. 3. Aligning and amplifying resources: Nexus intentionally connects local efforts to broader regional initiatives, linking neighborhoods to regional institutions, decision-making and economic opportunities. 11 11 33 11 0 0 3035913 52623767 177143 94866 150336 1439834 464 11747 3363856 54170214 1840462 9240906 0 0 2500200 3582529 0 0 182598 2157445 1980449 6498107 14803884 -3134251 39366330 11964843 51545050 936021 858236 11028822 50686814 Nexus' mission is to build more engaged and powerful communities by supporting community building initiatives that expand community wealth and foster social and human capital. 0 0 5904931 5036802 0 Open Road Fund: Open Road Fund is a community fund that makes $50,000 wealth-building gifts to Black folks in Minnesota, North Dakota and South Dakota in order to create tangible pathways to liberation, prosperity, and healing on our own terms. In 2023, we granted $4,953,000 to individuals through the program. We believe that paths lead to our destiny, and when faced with barriers, we call upon our ancestors to guide us on the open road to liberation. In honor of their resiliency and communal spirit, the Open Road Fund aims to redistribute resources to present-day descendants of the Transatlantic Slave Trade in an effort to build Black wealth within our communities. 3892453 3609640 0 Fiscal Sponsorship: Nexus serves as a fiscal sponsor for BIPOC-led projects and initiatives that do not have a 501(c)(3) status, by providing fiduciary oversight, financial management, and other administrative services that allow the organization and/or initiative to carry out its charitable purpose. 990084 92900 0 Ownership: At Nexus, the Ownership initiative includes two programs: The Shared Ownership Center @ Nexus (SOC@N) and North Star Black Cooperative Fellowship. SOC@N is a bold effort to change the face of ownership by promoting shared-ownership business models, such as worker cooperative and real estate investment cooperatives. SOC@N's work builds community wealth, grows the region's economy and encourages equitable economic opportunities. It advances worker ownership by seizing opportunities presented by the wave of retiring business owners in Minnesota and supports community ownership of resources by placing real estate in the hands of those that live and work there. The North Star Black Cooperative Fellowship is a seven-month fellowship focused on Black American cooperative economics and the history of Black cooperative economic thought and practice. We center the wisdom and experience of those who share the ancestry of enslaved Africans in the United States and place value on the legacy of Black collective care. The North Star is a way to start living into a future of Black wealth: self-governance, spaces for healing, and an abundance of resources, including financial capital. North Star is a place for Black-led cooperatives, collectives, housing, commercial and land trusts. Black economic cooperation has been foundational in the Black American freedom movement. We developed the North Star Black Cooperative Fellowship to reconnect with our long-suppressed history of mutual aid and cooperative economics. 2238857 501564 106613 The broader mission of Nexus includes a number of other programs and initiatives. The Nexus Community Engagement Institute (NCEI) works to build more permanently organized communities by creating a healthy ecosystem where all communities are readily engaged and resourced. The Neighborhood Leadership Program (NLP) is a cohort-based program where people explore tenets of self-awareness, working across differences, and taking value-based action as they build power together. It is a seven-month program that offers space for people who are committed to personal and collective transformation to slow down-getting grounded in themselves and their own stories. Through deeply knowing ourselves and how we relate to others, we cultivate sustainable relationships and explore ways we can live in the world we know is necessary, possible, and in many small ways, already present. The Nexus Boards and Commissions Leadership Institute (BCLI) is a 7-month leadership program that works to build more engaged and powerful communities in our region by equipping BIPOC and other shut-out community members to serve on city, county, metro and state boards and commissions. The Reclaiming Our Own Time (ROOT) ecosystem is for BIPOC people to embrace rest and restoration as fundamental pieces of all work toward justice. Whether you have been organizing for decades, are newer to movement work, or are somewhere in between, ROOT's goal is to help you to prioritize building, cultivating, and embracing your rest and rest practices. ROOT's offerings include two sabbatical programs, regular in-person and virtual events, and a monthly curated newsletter containing resources and opportunities. 2238857 501564 106613 13026325 1 1 0 0 0 0 0 0 1 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 135 0 1 33 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MN X The Organization 6512897038 2314 University Avenue Suite 18 Saint Paul MN 55114 Repa Mekha President and CEO 32 0 X 374120 0 36137 Chalonne Faleke Vice President of Operations 32 0 X 169529 0 15755 Theresa Gardella Vice President of Programs 32 0 X 156208 0 23154 Lulete Mola President and Co-Founder BCF 32 0 X 139378 0 5475 Danielle Mkali Senior Director of Community Trust Fund 32 0 X 126042 0 7558 Sida Ly-Xiong Director of Evaluation 32 0 X 111550 0 14550 Owen Duckworth Director 0.5 0 X 0 0 0 Elaine Rasmussen Director 0.5 0 X 0 0 0 Funlola Otukoya Director 0.50 0 X 0 0 0 Niila Hebert Director 0.50 0 X 0 0 0 Amy Morris Director 0.50 0 X 0 0 0 Anil Hurkadli Board Member 0.5 0 X 0 0 0 Brian Voerding Co-Chair 0.50 0 X X 0 0 0 Carl Crawford Co-Chair 0.50 0 X X 0 0 0 Trish DeAnda Secretary 0.5 0 X X 0 0 0 Nasser Mussa Treasurer 0.5 0 X X 0 0 0 Trish DeAnda Treasurer 0.5 0.00 X X 0 0 0 1076827 0 102629 6 0 1 0 Diverge Finance Cooperative 1771 Lydia Ave W Roseville MN 55113 Collective Financial Leadership 364698 Research in Action LLC 1222 North Washburn Avenue Minneapolis MN 55411 Evaluation consultant 224491 2 0 0 0 0 0 52623767 0 52623767 Contracted Services 611430 77033 77033 0 0 Registration Fees 611430 17833 17833 0 0 0 0 0 0 94866 1340677 0 0 1340677 0 0 0 0 0 0 0 0 0 0 8716022 0 8616865 0 99157 0 99157 0 0 99157 0 Other Income 900099 11747 11747 0 0 0 0 0 0 11747 54170214 106613 0 1439834 4287906 4287906 4953000 4953000 774903 266566 467311 41026 2196933 1756340 348175 92418 389826 291971 81045 16810 220867 155310 55516 10041 69488 69488 388825 388825 0 703612 693174 6688 3750 77640 72416 5224 40174 25834 13454 886 241179 198442 37805 4932 172827 117272 48537 7018 55080 36219 16875 1986 96271 82385 13759 127 67064 52927 11700 2437 19208 9455 9206 547 Memberships Subscriptions and Dues 24259 14724 8927 608 Bad Debt 4350 4350 0 0 Finance Charges 3556 0 3556 0 16916 8034 8870 12 14803884 13026325 1594961 182598 200286 2253755 3678558 47842895 1343386 472079 21126 386 42694 82287 297872 183220 164206 114652 5682006 88703 100000 100000 732581 590293 11964843 51545050 172770 325479 262987 179134 500264 353623 936021 858236 X 1180177 1828917 9848645 48857897 11028822 50686814 11964843 51545050 39366330 315420 0 -23758 0 0 X 0 1 X 1 0 X 4137671 5422793 10086179 3035913 2623767 25306323 4137671 5422793 10086179 3035913 2623767 25306323 14073482 11232841 18282 9204 13849 150336 1439834 1631505 19487 0 6924 464 11747 38622 26976450 638426 0.41639 0.49066 X Schedule A, Part II, Line 10 Other income RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 0 0 0 0 0 0 0 0 160755 85853 74902 0 137117 97367 39750 0 0 0 0 114652 0 Lease Liability - Operating Lease 353623 353623 X 54461876 315420 0 0 0 315420 54146456 23758 0 23758 54170214 14803884 0 0 0 0 0 14803884 0 0 0 14803884 Schedule D, Part IV, Line 2b The Organization acted as fiscal sponsor for various organizations. The Organization has variance power over the fiscal sponsor contributions it receives. The fiscal sponsor contributions received by the Organization and investment income allocated to fiscal sponsor funds are recognized as contributions and investment income with donor restrictions. The expenditures incurred for the fiscal sponsor programs are recognized as grant expenses by the Organization, and the corresponding net assets are released from restrictions. Schedule D, Part X, Line 2 The Organization's activities are generally exempt from federal and state income taxes under Section 501(c)(3) of the Internal Revenue Code. Since the Organization is exempt from federal and state income tax liability, no provision is made for current or deferred income tax expense. The Organization is not a private foundation. Management has determined that the Organization is not subject to unrelated business income tax. Management is not aware of any transactions that would impact the Organization's tax-exempt status. The Organization follows the guidance of the Accounting Standard Codification (ASC) 740, Accounting for Income Taxes, related to uncertainties in income taxes, which prescribes a threshold of more likely than not for recognition and derecognition of positions taken or expected to be taken in a tax return. For the years ended December 31, 2023 and 2022, management of the Organization is not aware of any material uncertain tax positions. All tax-exempt entities are subject to review and audit by federal, state and other applicable agencies. Such agencies may review the taxability of unrelated business income, or the qualification of the tax-exempt entity under the Internal Revenue Code and applicable state statutes. For federal tax purposes, the tax returns remain open for possible examination for a period of three years after the respective filing deadlines of those returns. 1 Lao Assistance Center of MN 1015 4th Ave N Minneapolis MN 55405 363255880 501(c)(3) 10000 general operating grant City of Lakes Community Land Trust 1930 Glenwood Avenue Minneapolis MN 554051248 061665031 501(c)(3) 25000 Grant for general operating support Appetite for Change 430 1st Ave N Suite 300 Minneapolis MN 55411 275112040 501(c)(3) 25000 Grant for general operating support The Fields At Rootsprings 13537 47th St NW Annandale MN 55302 271709046 501(c)(3) 30000 Grant for general operating support African Economic Development Solutions 1821 University Ave Suite S145 Saint Paul MN 55104 800345712 501(c)(3) 25000 general operating grant African Career Education and Resource Inc 6800 78th Ave N Suite 1 Brooklyn Park MN 55445 471207676 501(c)(3) 25000 general operating grant Hope Community Inc 611 East Franklin Ave S Minneapolis MN 55404 411292817 501(c)(3) 20000 general operating grant Frogtown Neighborhood Association 501 Dale Street North Saint Paul MN 55103 410963444 501(c)(3) 25000 general operating grant/community wealth building Mni Sota Fund 1113 E Franklin Ave Ste 200 Minneapolis MN 55404 453579582 501(c)(3) 15000 general operating grant/community wealth building Hmong American Farmers Association 149 Thompson Ave E No 210 Saint Paul MN 55118 460928003 501(c)(3) 30000 general operating grant/community wealth building Inquilinxs Unidxs Por Justicia 3715 CHICAGO AVE Minneapolis MN 55407 474987940 501(c)(3) 25000 general operating grant/community wealth building Ks Revolutionary Catering and More PO Box 80581 Minneapolis MN 55408 825338366 LLC 10000 general operating grant/community wealth building Metropolitan Consortium of Community Developers 3137 Chicago Avenue Minneapolis MN 55407 411658654 501(c)(3) 30000 general operating grant/COVID 19 Pandemic/aid to community Wakan Tipi Awayankipi 332 Minnesota St Suite W1520 Saint Paul MN 55101 275469929 501(c)(3) 30000 general operating/community wealth building Pillsbury United Communities 3650 N Fremont Ave Minneapolis MN 55412 410916478 501(c)(3) 30000 general operating grant Love First 1049 Van Buren Saint Paul MN 55104 853542553 501(c)(3) 20000 0 Love First Glow Up Conference and Glow & Glow Program and 10th anniversary of BLM conference Minnesota Black Collective Foundation 2429 Nicollet Ave Minneapolis MN 55404 883613546 501(c)(3) 3276535 0 General operating 16 1 Open Road Fund Grant 99 4953000 Schedule I, Part I, Line 2 All Nexus grantees are required to sign a grant letter that indicates the terms of the grant, which includes the following terms: all grantees are required to submit a midterm and final report. The final report must be completed using Nexus database online system. The midterm format is submitted in writing or via visit with the grantee. Notes are kept by the staff or on the Nexus server. X X 1 1 X X X X 0 0 0 0 0 0 0 0 0 Repa Mekha President and CEO 189040 0 0 0 185080 0 19723 0 16414 0 410257 0 0 0 Chalonne Faleke Vice President of Operations 149829 0 18800 0 900 0 6789 0 8966 0 185284 0 0 0 Theresa Gardella Vice President of Programs 145508 0 9800 0 900 0 15281 0 7873 0 179362 0 0 0 Schedule J, Part I, Line 1a The Organization paid $50 per month for health club dues. The Organization has a wellness plan that gives $500 a year for wellness. Schedule J, Part I, Line 3 Compensation is based on the most recent Minnesota Council of Nonprofits' salary and benefits survey, which serves as a range. Form 990, Part VI, Section B, Line 11b CFO will do an initial review. Finance committee (time permitting) and board will review 990s with organizational leadership and tax preparers. Form 990, Part VI, Section B, Line 12c The Board Chair and President & CEO must be notified of any potential conflicts, and they present each matter to the Board for vote. Directors, at-large committee members, and staff are asked to sign a conflict of interest statement at the beginning of each calendar year. Any conflicts should be disclosed and are subject to the Board's vote, and the conflict must be stated and recorded in the meeting minutes. In addition, they monitor by making sure any persons with a conflict abstain from voting on issues that are related to their conflict. Form 990, Part VI, Section B, Line 15 The board reviews and approves compensation increases for the CEO. The board also reviews compensation changes for the organization overall (although not employee-by-employee) during the budget approval process. The board also reviews salary surveys (completed internally or via the MCN nonprofit survey) when comparing data. Form 990, Part VI, Section C, Line 19 The organization made its governing documents, conflict of interest policy, and financial statements available to the public upon request.