Nonprofit · EIN 41-1717318
BANCROFT NEIGHBORHOOD ASSOCIATION
Tax-exempt · MINNEAPOLIS, MN 55407
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $165,798 | $227,701 | -$61,903 | $83,203 | $1,251 | $81,952 |
| December 31, 2023 | 990 | $265,343 | $184,974 | $80,369 | $151,344 | $7,489 | $143,855 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $149,747
- of which government grants
- $147,116
- Program service revenue
- $16,049
- Investment income
- $2
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $7,500
- Other salaries and wages
- $111,643
- Salaries, compensation and benefits (total)
- $121,149
- Professional fundraising fees
- $0
- Legal fees
- $1,378
- Accounting fees
- $7,341
- Occupancy
- $4,682
- Program services (functional)
- $169,853
- Management and general (functional)
- $57,848
Balance sheet and other
- Total assets, start of year
- $151,344
- Total assets, end of year
- $83,203
- Total liabilities, end of year
- $1,251
- Net assets, end of year
- $81,952
- Net assets without donor restrictions
- $81,952
- Gross receipts
- $165,798
- Employees
- 3
- Volunteers
- 20
- Year formed
- 1994
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Courtney Gildersleeve | Board President Trustee or director, Officer | 4 | $0 |
| Amanda Madison | Vice President Trustee or director, Officer | 4 | $0 |
| Neal Baxter | Secretary Trustee or director, Officer | 4 | $0 |
| Peter Caldwell | Treasurer Trustee or director, Officer | 4 | $0 |
| Emma Eldredge | Board member Trustee or director | 3 | $0 |
| Peter Zeftel | Board member Trustee or director | 3 | $0 |
| Allegra Callanan | Board member Trustee or director | 3 | $0 |
| Paula Zaretzky | Board member Trustee or director | 3 | $0 |
990 for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Luke Stultz | Executive Director Officer | 25 | $30,035 |
| Mickella Rolfes | Director Trustee or director | 25 | $28,006 |
| Satish Desai | Board President Trustee or director, Officer | 4 | $0 |
| Susan Heineman | Vice President Trustee or director, Officer | 4 | $0 |
| Neal Baxter | Secretary Trustee or director, Officer | 4 | $0 |
| Peter Caldwell | Treasurer Trustee or director, Officer | 4 | $0 |
| Patricia Siebert | Board member Trustee or director | 3 | $0 |
| Kate Roarty | Board member Trustee or director | 3 | $0 |
| Courtney Gildersleeve | Board member Trustee or director | 3 | $0 |
| Amanda Madison | Board member Trustee or director | 3 | $0 |
| Paula Zaretzky | Board member Trustee or director | 3 | $0 |
Address and contacts
- Address (IRS master file)
- 4120 17TH AVE S, MINNEAPOLIS, MN 55407-3318
- Principal officer (990 for 2024)
- Mickella Rolfes, 4120 17th Ave, Minneapolis, MN 55407
- Signed the 990
- Mickella Rolfes, Director
- Phone
- (612) 724-5313
- Return prepared by
- Michael S Wilson
Mission
Neighborhood improvement
Program accomplishments
- To promote revitalization and community engagement. Information was shared through a newsletter 4 times a year, and social media account shared with over 1,000 residents Home improvement program included serving 9 neighbors to complete home improvement work. A youth employment program that employed 21 youth for gardening and community building.Expenses $169,853 · grants $7,600 · revenue $16,049
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 41-1717318
- 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
- 1994
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S20Z)
- Assets (IRS master file)
- $83,203
- Income (IRS master file)
- $165,798
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $165,798 | $227,701 | $83,203 | XML |
| 990 | December 2023 | $265,343 | $184,974 | $151,344 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | 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 41-1717318).
Questions about BANCROFT NEIGHBORHOOD ASSOCIATION
- What is the EIN of BANCROFT NEIGHBORHOOD ASSOCIATION?
- The employer identification number (EIN) of BANCROFT NEIGHBORHOOD ASSOCIATION is 41-1717318.
- Is BANCROFT NEIGHBORHOOD ASSOCIATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
- Are donations to BANCROFT NEIGHBORHOOD ASSOCIATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BANCROFT 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 BANCROFT 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 BANCROFT 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 BANCROFT NEIGHBORHOOD ASSOCIATION?
- The 990 for the year ended December 31, 2024 names Mickella Rolfes.
- Who are the officers and directors of BANCROFT NEIGHBORHOOD ASSOCIATION?
- The 990 for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
- How much revenue does BANCROFT NEIGHBORHOOD ASSOCIATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $165,798, expenses of $227,701 and total assets of $83,203 at year end.
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