Skip to main content

Nonprofit · EIN 99-3615471

GROUNDBREAK COALITION

Tax-exempt · MINNEAPOLIS, MN 55402

Financials

$25.5M$3.4M2024$28.2M$25.1M2025
Revenue Expenses · by fiscal year end
Financials of GROUNDBREAK COALITION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$28,213,617$25,084,491$3,129,126$34,089,361$5,835,476$28,253,885
December 31, 2024990$25,504,886$3,380,127$22,124,759$25,997,809$873,050$25,124,759
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$26,939,928
Program service revenue
$0
Investment income
$1,273,689
Other revenue
$0

Expenses

Grants and similar amounts paid
$13,330,000
Other salaries and wages
$195,998
Salaries, compensation and benefits (total)
$195,998
Professional fundraising fees
$0
Legal fees
$591,232
Accounting fees
$77,650
Travel
$14,073
Program services (functional)
$22,505,445
Management and general (functional)
$2,452,773
Fundraising (functional)
$126,273

Balance sheet and other

Total assets, start of year
$25,997,809
Total assets, end of year
$34,089,361
Total liabilities, end of year
$5,835,476
Net assets, end of year
$28,253,885
Net assets without donor restrictions
$23,902,090
Net assets with donor restrictions
$4,351,795
Gross receipts
$28,213,617
Employees
4
Volunteers
40
Year formed
2024
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, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
ADAIR MOSLEYCEO
Officer
40$116,651$6,192
RT RYBAKDIRECTOR
Trustee or director
1$0$0
TONYA ALLENCHAIR
Trustee or director, Officer
3$0$0
SUSAN BASS ROBERTSSECRETARY
Trustee or director, Officer
2$0$0
DONALD DENNISDIRECTOR
Trustee or director
1$0$0
JEN FORD REEDYDIRECTOR
Trustee or director
1$0$0
PETER FROSCHDIRECTOR
Trustee or director
1$0$0
SUZETTE HUOVINENTREASURER
Trustee or director, Officer
2$0$0
TIM WELSHDIRECTOR
Trustee or director
1$0$0
JIM ZAPPADIRECTOR
Trustee or director
1$0$0
JENNIFER HODIRECTOR
Trustee or director
1$0$0
990 for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
ADAIR MOSLEYTREASURER
Trustee or director, Officer
2$0
RT RYBAKSECRETARY
Trustee or director, Officer
2$0
TONYA ALLENCHAIR
Trustee or director, Officer
2$0

Address and contacts

Address (IRS master file)
800 IDS CENTER 80 S 8TH STREET, MINNEAPOLIS, MN 55402-0000
In care of
% ADAIR MOSLEY
Principal officer (990 for 2025)
ADAIR MOSLEY, 800 IDS CENTER 80 S 8TH STREET, MINNEAPOLIS, MN 55402
Signed the 990
ADAIR MOSLEY, CEO
Phone
(651) 659-9336
Return prepared by
CARPENTER EVERT & ASSOCIATES LTD

Mission

GROUNDBREAK COALITION WILL WORK TO FOSTER AND PROMOTE A MORE INCLUSIVE, JUST, EQUITABLE, AND CLIMATE-READY FUTURE BY, AMONG OTHER THINGS, DEVELOPING, SUPPORTING, AND APPLYING TRANSFORMATIONAL SOLUTIONS DESIGNED TO ADDRESS PRESSING SOCIETAL, ECONOMIC AND ENVIRONMENTAL CHALLENGES FACED BY VULNERABLE AND OTHER DISADVANTAGED POPULATIONS, INCLUDING THOSE WHO HAVE FACED HISTORIC DISCRIMINATION AND EXCLUSION, AND ACCELERATE COMMUNITY DEVELOPMENT IN THE MINNEAPOLIS-ST. PAUL, MINNESOTA REGION AND BEYOND THROUGH GRANTMAKING, EDUCATIONAL ACTIVITIES, AND INNOVATIVE FUNDING MECHANISMS.

990 for the year ended December 31, 2025

Program accomplishments

  • IN 2025 GROUNDBREAK COALITION DEPLOYED $6.8M IN FUNDS TO LEVERAGE AN ADDITIONAL $39M IN FUNDS FROM OUR BANKING PARTNERS AND OTHER COMMUNITY ORGANIZATIONS. THROUGH OUR HOMEOWNERSHIP PROGRAM THESE FUNDS FACILITATED THE PURCHASE OF 108 HOMES FOR NEW HOMEOWNERS. THEY ALSO HELPED 15 EARLY-STAGE AND GROWTH BUSINESSES GAIN ACCESS TO WORKING CAPITAL TO START AND GROW THEIR BUSINESSES. WE ALSO WORK WITH COMMUNITY DEVELOPERS TO INVEST IN NEW COMMERCIAL DEVELOPMENTS IN COMMUNITIES WHERE TRADITIONAL LENDING HAS BEEN SLOW TO GO. WE CLOSED 1 DEVELOPMENT DEAL IN 2025, WITH PLANS FOR MANY MORE IN 2026.
    Expenses $22,505,445 · grants $13,330,000

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024Check at the IRS

IRS record

EIN
99-3615471
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
2026
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$34,089,361
Income (IRS master file)
$28,213,617

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$28,213,617$25,084,491$34,089,361XML
990December 2024$25,504,886$3,380,127$25,997,809XML

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 99-3615471).

Questions about GROUNDBREAK COALITION

What is the EIN of GROUNDBREAK COALITION?
The employer identification number (EIN) of GROUNDBREAK COALITION is 99-3615471.
Is GROUNDBREAK COALITION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2026.
Are donations to GROUNDBREAK COALITION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does GROUNDBREAK COALITION 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 GROUNDBREAK COALITION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GROUNDBREAK COALITION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of GROUNDBREAK COALITION?
The 990 for the year ended December 31, 2025 names ADAIR MOSLEY.
Who are the officers and directors of GROUNDBREAK COALITION?
The 990 for the year ended December 31, 2025 lists 11 people; 1 received compensation from the organization, the highest $116,651 (ADAIR MOSLEY, CEO).
How much revenue does GROUNDBREAK COALITION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $28,213,617, expenses of $25,084,491 and total assets of $34,089,361 at year end.

Other nonprofits in MINNEAPOLIS

All nonprofits in MINNEAPOLIS · Minnesota · Community improvement and capacity building