2026-09-08T14:18:34-07:00 2025-12-31 455471087 Accounting Angel LLC 520 Yosemite Ave N Golden Valley MN 55422 990 2025-01-01 862005201 NRRC FINANCIAL LLC NRRC 6123159227 1303 Golden Valley Road Minneapolis MN 55411 Cristin Burnett Senior Director 6123159227 2026-04-02 1 Acacia Willey P01010039 6128404220 2026-04-01 2025 Cristin Burnett 1303 Golden Valley Road Minneapolis MN 55411 301212 0 X X Limited Liability Company 2020 MN NRRC Financial LLC's mission is to provide innovative and flexible financial products that support and sustain affordable housing, encourage community development, and meet the credit needs of low-income and underserved residents of the Near North and Willard-Hay neighborhoods of Minneapolis. 7 7 2 0 0 0 24606 298677 0 0 62 2535 0 0 24668 301212 0 0 0 0 40735 71739 0 0 986 7490 70018 48225 141757 -23557 159455 33232 196567 0 3881 33232 192686 NRRC Financial LLC's mission is to provide innovative and flexible financial products that support and sustain affordable housing, encourage community development, and meet the credit needs of low-income and underserved residents of the Near North and Willard-Hay neighborhoods of Minneapolis. 0 0 101903 0 0 Over 2025, NRRC Financial pursued its mission by supporting homeowners and aspiring homeowners at every stage of the homeownership journey. To address high-cost debt and predatory lending, we offered 0% interest personal loans to residents within our service area. These loans helped borrowers pay off high-interest debt or provided a safe alternative to payday and other high-cost loans. Some borrowers who participated in this program have since become homeowners within our service area. We introduced a new program to payoff mortgage loans for homeowners over 62 with a loan that is forgiven over five years. This program supports housing stability for elder homeowners while helping families preserve and build generational wealth. 16069 0 0 NRRC Fi provided homebuyer counseling for prospective homeowners, helping clients improve their credit scores, access low-cost credit builder loans, and successfully purchase homes with down payment assistance, including forgivable down payment assistance for first-generation homebuyers. 995 0 0 NRRC Fi helped existing homeowners secure affordable home improvement grants and loans, as well as energy efficiency rebates. We also assisted senior homeowners in applying for energy assistance, health and safety grants, and property tax programs. NRRC Financial also supported the preservation of affordable rental housing owned by area residents by assisting landlords with 4D application and securing additional funding to maintain safe, affordable rental units. Through these initiatives, NRRC Financial continues to strengthen housing stability, expand access to affordable financial products, and support long-term community wealth building in North Minneapolis. 0 0 0 118967 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 2 0 1 2 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 0 1 1 1 0 MN X Cristin Burnett 6123159227 1303 Golden Valley Road Minneapolis MN 55411 Martine Smaller Board Chair 2 40.00 X X 0 75000 0 Cristin Burnett Secretary 35.00 0 X X 52224 0 0 Brianna Edwards Director 2 0 X 0 0 0 Karen Washington Director 2 0 X 0 0 0 Kimberly Jones Director 2 0 X 0 0 0 JoAnn Harris Treasurer 2 0 X X 0 0 0 Trent Bowman Vice Chair 2 0 X X 0 0 0 52224 75000 0 0 0 0 0 0 0 0 0 0 298677 0 0 298677 0 2535 0 0 2535 0 0 0 0 0 0 0 0 0 0 0 0 0 0 301212 0 0 2535 X 52224 48047 3655 522 7108 6539 498 71 7073 6507 495 71 5334 4908 373 53 12205 0 12205 0 37280 34670 2610 0 269 0 0 269 9338 8845 493 0 1414 1023 391 0 Bank and business fees 3975 3833 142 0 Program-credit report and loan fees 2414 2414 0 0 Bad debt expense 2144 1202 942 0 Continuing education 979 979 0 0 0 141757 118967 21804 986 11156 24307 22076 14836 152749 4675 33232 196567 0 3881 0 3881 X 33232 192686 0 0 33232 192686 33232 196567 X 159455 0 0 0 0 -1 X 0 0 0 X 0 0 85298 24216 298677 408191 0 0 85298 24216 298677 408191 0 408191 0 0 31 62 2535 2628 410819 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Form 990, Part VI, Section A, Line 6 The members elect the members of the governing body. Annual member meetings are required. Additional members may be added with written consent of existing members. Form 990, Part VI, Section A, Line 7a NRRCinc is sole member with the ability to elect the board therefore it is a controlling entity. Form 990, Part VI, Section B, Line 11b A draft 990 was discussed by the NRRC Fi Board of Governors at its regularly scheduled April Board meeting . After the meeting, after which additional information was provided by the Senior Director. A final draft was distributed via email to all voting Governors to review, seek any clarification or correction, and approve. Form 990, Part VI, Section B, Line 12c The governing body is expected to reveal any conflict-of-interest which is reviewed annually. Form 990, Part VI, Section B, Line 15 Compensation of employees is reviewed and benchmarked to other nonprofit staff in Minnesota within our budget. Form 990, Part VI, Section C, Line 19 Available upon request. Form 990, Part IX, Line 11g Coaching $34,670. Admin $2,610. Form 990, Part XI, Line 9 Rounding Adj. Northside Residents Redevelopment Council 1303 Golden Valley Road Minneapolis MN 55411 410975381 Improving the quality of life in North Minneapolis MN 501 (c) (3) 170(b)(1)(A)(vi) N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 Northside Residents Redevelopment Council n 0 Inkind amount not determined. Northside Residents Redevelopment Council m 5157 Contracted grant administration services.