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Nonprofit · EIN 41-1409426

POWDERHORN PARK NEIGHBORHOOD ASSOCIATION

Tax-exempt · MINNEAPOLIS, MN 55407

Financials

$708K$504K2023$388K$492K2024
Revenue Expenses · by fiscal year end
Financials of POWDERHORN PARK NEIGHBORHOOD ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$388,181$492,411-$104,230$284,149$64,681$219,468
December 31, 2023990$707,911$504,377$203,534$352,474$28,776$323,698
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$234,186
of which government grants
$123,248
Program service revenue
$153,919
Investment income
$76
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$78,125
Salaries, compensation and benefits (total)
$282,067
Professional fundraising fees
$0
Program services (functional)
$392,050
Management and general (functional)
$92,652
Fundraising (functional)
$7,709

Balance sheet and other

Total assets, start of year
$352,474
Total assets, end of year
$284,149
Total liabilities, end of year
$64,681
Net assets, end of year
$219,468
Net assets without donor restrictions
-$33,210
Net assets with donor restrictions
$252,678
Gross receipts
$388,181
Employees
3
Volunteers
100
Year formed
1980
State of legal domicile
MN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
Tabitha MontgomeryExecutive Director
Officer
40$78,125$8,449
Louie McCoyBoard chair
Trustee or director, Officer
3$0$0
Ricky OudekerkVice chair
Trustee or director, Officer
3$0$0
Sammer ElkhateebSecretary
Trustee or director, Officer
3$0$0
Emily AndersonTreasurer
Trustee or director, Officer
3$0$0
Kerry DaigsBoard member
Trustee or director
2$0$0
Ephraim EusebioBoard Member
Trustee or director
2$0$0
James PriceBoard member
Trustee or director
2$0$0
Rene MadridBoard member
Trustee or director
2$0$0
Henry RuckerBoard member
Trustee or director
2$0$0
Mankwe NdosiBoard member
Trustee or director
2$0$0
Susan OakleyBoard member
Trustee or director
2$0$0
Beth BrooksBoard member
Trustee or director
2$0$0
990 for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensationOther / benefits
Tabitha MontgomeryExecutive Director
Officer
40$73,471$9,044
Louie McCoyBoard chair
Trustee or director, Officer
3$0$0
Ricky OudekerkVice chair
Trustee or director, Officer
3$0$0
Sammer ElkhateebSecretary
Trustee or director, Officer
3$0$0
Emily AndersonTreasurer
Trustee or director, Officer
3$0$0
Kerry DaigsBoard member
Trustee or director
2$0$0
Ephraim EusebioBoard Member
Trustee or director
2$0$0
Erin WestBoard member
Trustee or director
2$0$0
Rene MadridBoard member
Trustee or director
2$0$0
Henry RuckerBoard member
Trustee or director
2$0$0
Mankwe NdosiBoard member
Trustee or director
2$0$0
Susan OakleyBoard member
Trustee or director
2$0$0
Beth BrooksBoard member
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
3451 CEDAR AVE S, MINNEAPOLIS, MN 55407-2336
Principal officer (990 for 2024)
Catharine A Sinon Bushman, 3451 Cedar Ave S, Minneapolis, MN 55407
Signed the 990
Catharine A Sinon Bushman, Executive Director
Phone
(612) 722-4817
Return prepared by
Michael S Wilson

Mission

The Powderhorn Park Neighborhood Association (PPNA) works to enhance the quality of life in the Powderhord Park Neighborhood by faciliting community engagement, embracing a diversity of voices and fostering economic and community development.

990 for the year ended December 31, 2024

Program accomplishments

  • The end of 2024 marked 44 years of PPNA striving to support the community in a myriad of ways to animate its mission. A central way that PPNA fosters economic development is through its annual Powderhorn Art Fair. In 2024, this arts-centered celebration highlighted over two hundered artists who collectively earned an estimated $330,000 in revenue by participating in this event. One way that PPNA embraces a diversity of voices is through our various communication channels. This includes maintaining four distinct websites that collectively attracted just over 42,000 unique visitors in 2024. In support of facilitating community engagement, PPNA brought together an estimated 25,000 folks by hosting four annual events. Our work to foster community development is furthered by establishing and maintaining partnerships with a few hundred community partners and several hundred volunteers. This equated to an estimated 4,250 hours of engagement with partners and volunteers in 2024.
    Expenses $392,050 · revenue $153,919

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
41-1409426
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1982
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$284,149
Income (IRS master file)
$388,181

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$388,181$492,411$284,149XML
990December 2023$707,911$504,377$352,474XML
990December 2022$399,938$458,284$163,126IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 41-1409426).

Questions about POWDERHORN PARK NEIGHBORHOOD ASSOCIATION

What is the EIN of POWDERHORN PARK NEIGHBORHOOD ASSOCIATION?
The employer identification number (EIN) of POWDERHORN PARK NEIGHBORHOOD ASSOCIATION is 41-1409426.
Is POWDERHORN PARK NEIGHBORHOOD ASSOCIATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1982.
Are donations to POWDERHORN PARK NEIGHBORHOOD ASSOCIATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does POWDERHORN PARK NEIGHBORHOOD ASSOCIATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of POWDERHORN PARK NEIGHBORHOOD ASSOCIATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did POWDERHORN PARK NEIGHBORHOOD ASSOCIATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of POWDERHORN PARK NEIGHBORHOOD ASSOCIATION?
The 990 for the year ended December 31, 2024 names Catharine A Sinon Bushman.
Who are the officers and directors of POWDERHORN PARK NEIGHBORHOOD ASSOCIATION?
The 990 for the year ended December 31, 2024 lists 13 people; 1 received compensation from the organization, the highest $78,125 (Tabitha Montgomery, Executive Director).
How much revenue does POWDERHORN PARK NEIGHBORHOOD ASSOCIATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $388,181, expenses of $492,411 and total assets of $284,149 at year end.

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