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Nonprofit · EIN 99-4895458

NEON BUSINESS FINANCE

Tax-exempt · MINNEAPOLIS, MN 55411

Financials

$78K−$16K2024
Revenue Expenses · by fiscal year end
Financials of NEON BUSINESS FINANCE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$78,173-$15,631$93,804$3,984,972$3,534,893$450,079
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$78,173
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
-$15,631

Balance sheet and other

Total assets, start of year
$0
Total assets, end of year
$3,984,972
Total liabilities, end of year
$3,534,893
Net assets, end of year
$450,079
Net assets without donor restrictions
$450,079
Gross receipts
$78,173
Employees
0
Volunteers
15
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, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
WARREN MCLEANPRESIDENT
Trustee or director, Officer
3$0$224,297$38,459
STEPHEN OBAYUWANASENIOR VP & COO
Highest-paid employee
5$0$139,817$20,687
TRENT BOWMANCHAIRMAN
Trustee or director, Officer
1$0$0$0
MELANIE GATEWOOD-HALLVICE CHAIR
Trustee or director, Officer
1$0$0$0
TYLER BURKHARDTTREASURER
Trustee or director, Officer
1$0$0$0
DAVID STREIERSECRETARY
Trustee or director, Officer
1$0$0$0
MARGARET MURPHYMEMBER
Trustee or director
1$0$0$0
RUSSELL KNIGHTONMEMBER
Trustee or director
1$0$0$0
SHANNON OLSON TEKLEMEMBER
Trustee or director
1$0$0$0
BLAKE BERQUISTMEMBER
Trustee or director
1$0$0$0
SPENCER CRONINMEMBER
Trustee or director
1$0$0$0
KB BROWNMEMBER
Trustee or director
1$0$0$0
BETH DUMKEMEMBER
Trustee or director
1$0$0$0
GLORIA FREEMANMEMBER
Trustee or director
1$0$0$0
DEBRA SPEARSMEMBER
Trustee or director
1$0$0$0
2 more people on this return
NameTitleHours / weekCompensation
TING TING NIMEMBER
Trustee or director
1$0
TETO WILSONMEMBER
Trustee or director
1$0

Address and contacts

Address (IRS master file)
1007 W BROADWAY AVE, MINNEAPOLIS, MN 55411-2503
Principal officer (990 for 2024)
WARREN MCLEAN, 1007 WEST BROADWAY AVE N, MINNEAPOLIS, MN 55411
Signed the 990
WARREN MCLEAN, PRESIDENT
Phone
(612) 302-1505
Return prepared by
CBIZ ADVISORS LLC

Mission

PERFORMING LENDING ACTIVITIES, AND PROVIDING FINANCIAL PRODUCTS AND BUSINESS DEVELOPMENT SERVICES TO FURTHER ITS MISSION TO BUILD WEALTH FOR LOW-TO MODERATE INCOME ENTREPRENEURS IN NORTH MINNEAPOLIS AND SURROUNDING COMMUNITIES.

990 for the year ended December 31, 2024

Program accomplishments

  • IN 2024, NEON BUSINESS FINANCE APPROVED/DISBURSED 5 LOANS FOR OVER $500,000.
    Expenses -$15,631 · revenue $78,173

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, 2024Check at the IRS

IRS record

EIN
99-4895458
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)
$3,984,972
Income (IRS master file)
$78,173

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$78,173-$15,631$3,984,972XML

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 99-4895458).

Questions about NEON BUSINESS FINANCE

What is the EIN of NEON BUSINESS FINANCE?
The employer identification number (EIN) of NEON BUSINESS FINANCE is 99-4895458.
Is NEON BUSINESS FINANCE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2026.
Are donations to NEON BUSINESS FINANCE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NEON BUSINESS FINANCE 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 NEON BUSINESS FINANCE 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 NEON BUSINESS FINANCE 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 NEON BUSINESS FINANCE?
The 990 for the year ended December 31, 2024 names WARREN MCLEAN.
Who are the officers and directors of NEON BUSINESS FINANCE?
The 990 for the year ended December 31, 2024 lists 17 people; 0 received compensation from the organization.
How much revenue does NEON BUSINESS FINANCE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $78,173, expenses of -$15,631 and total assets of $3,984,972 at year end.

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