MINNEAPOLIS DOWNTOWN IMPROVEMENT DISTRICT

EIN: 264259628 Community Improvement

MINNEAPOLIS, MN

Total Revenue
$10,001,153
Total Expenses
$10,372,277
Total Assets
$2,885,123
Net Assets
$1,262,046
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
MN
Principal Officer
ADAM DUININCK
Phone
6123333807
Tax Period
2023-01-01 to 2023-12-31

MINNEAPOLIS DOWNTOWN IMPROVEMENT DISTRICT, founded in 2009, is a mid-sized nonprofit in the Community Improvement sector that reported $10.0M in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum.

Mission

ENHANCING THE VITALITY OF DOWNTOWN MINNEAPOLIS BY MAKING AN AREA OF APPROXIMATELY 120 SQUARE BLOCKS (THE "DISTRICT") CLEANER, GREENER, SAFER, AND VIBRANT.

Program Service Accomplishments

Program 1

THE ORGANIZATION PROVIDED A VARIETY OF SERVICES THAT ENHANCE THE SAFETY AND APPEAL OF THE DISTRICT, SUCH AS CLEAN AND SAFE AMBASSADORS, LANDSCAPING, PROGRAMMING, SNOW REMOVAL, AND MAINTENANCE AND...

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THE ORGANIZATION PROVIDED A VARIETY OF SERVICES THAT ENHANCE THE SAFETY AND APPEAL OF THE DISTRICT, SUCH AS CLEAN AND SAFE AMBASSADORS, LANDSCAPING, PROGRAMMING, SNOW REMOVAL, AND MAINTENANCE AND REPAIRS OF PUBLIC AREAS (COLLECTIVELY, THE "SERVICES"). THE SERVICES THAT WERE PROVIDED IN ADDITION TO MUNICIPAL SERVICES THAT ARE OTHERWISE AVAILABLE WERE INTENDED TO PROMOTE THE DISTRICT AS A DESTINATION FOR SHOPPING, DINING, ENTERTAINMENT, AND OPERATING BUSINESSES. THE SERVICES WERE FUNDED BY ASSESSMENTS COLLECTED BY THE CITY OF MINNEAPOLIS ON ASSESSABLE PROPERTY WITHIN THE 120 BLOCK DISTRICT. THE CITY OF MINNEAPOLIS ENTERED INTO A CONTRACT WITH THE ORGANIZATION TO PROVIDE THE SERVICES. THE ORGANIZATION SUBCONTRACTED WITH APPROPRIATE VENDORS TO OBTAIN THE VARIOUS SERVICES.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $299,196
Program Service Revenue $9,701,945
Investment Income $12
Other Revenue $0
TOTAL REVENUE $10,001,153

Expense Breakdown

Grants Paid $108,021
Salaries & Benefits $1,778,907
Fundraising Expenses $0
Other Expenses $8,485,349
TOTAL EXPENSES $10,372,277

Year-over-Year Comparison

2023 2022 Change
Revenue $10,001,153 $8,197,330 +0.2%
Expenses $10,372,277 $8,859,577 +0.2%
Net Income $-371,124 $-662,247 -0.4%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Governance

Voting Members
73
Independent Members
72
Employees
N/A
Volunteers
250

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$376,655
Total Directors
96
$335,753
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVE CRAMER PRESIDENT,CEO; 12/01/23 1.00
Officer Director
$0 $21,722 $335,753
KARIN LUCAS CHAIR; EX OFFICIO 0.30
Officer Director
$0 $0 $0
JOHN MARSHALL VICE CHAIR; EX OFFICIO 0.30
Officer Director
$0 $0 $0
MIKE RYAN PAST CHAIR; EX OFFICO 0.30
Officer Director
$0 $0 $0
LAURA DAY PAST CHAIR; EX OFFICO 0.30
Officer Director
$0 $0 $0
SIYAD ABDULLAHI DIRECTOR 0.30
Director
$0 $0 $0
CHRISTINE ACKERMAN DIRECTOR 0.30
Director
$0 $0 $0
SARAH ANDERSON EX OFFICIO 0.30
Director
$0 $0 $0
TROY BLIZZARD DIRECTOR 0.30
Director
$0 $0 $0
KATIE BONGARD DIRECTOR 0.30
Director
$0 $0 $0
JULIA CARLSON DIRECTOR 0.30
Director
$0 $0 $0
SHELLEY CARTHEN WATSON DIRECTOR 0.30
Director
$0 $0 $0
JOSEPH CECERE DIRECTOR 0.30
Director
$0 $0 $0
JENNIFER CHRISTIAASEN DIRECTOR 0.30
Director
$0 $0 $0
MICHAEL CLARK EX OFFICIO 0.30
Director
$0 $0 $0
JOHN CONLIN DIRECTOR 0.30
Director
$0 $0 $0
KERRY COOLEY BRUGGEMANN DIRECTOR 0.30
Director
$0 $0 $0
ANNA COSKRAN DIRECTOR 0.30
Director
$0 $0 $0
JEFFREY COTTER DIRECTOR 0.30
Director
$0 $0 $0
JAY COWLES DIRECTOR 0.30
Director
$0 $0 $0
TOBY DAYTON DIRECTOR 0.30
Director
$0 $0 $0
JENNIFER DECUBELLIS DIRECTOR 0.30
Director
$0 $0 $0
PETER DIESSNER DIRECTOR 0.30
Director
$0 $0 $0
LOUIS DILORENZO JR EX OFFICIO 0.30
Director
$0 $0 $0
TODD DUESING DIRECTOR 0.30
Director
$0 $0 $0
LYNETTE DUMALAG DIRECTOR 0.30
Director
$0 $0 $0
KRISTA DUSIL DIRECTOR 0.30
Director
$0 $0 $0
PAUL EDLUND DIRECTOR 0.30
Director
$0 $0 $0
DAVID FHIMA DIRECTOR 0.30
Director
$0 $0 $0
ERIN FITZGERALD DIRECTOR 0.30
Director
$0 $0 $0
BRENT FOERSTER DIRECTOR 0.30
Director
$0 $0 $0
ERIK FORSBERG EX OFFICIO 0.30
Director
$0 $0 $0
ALLISON FRASER DIRECTOR 0.30
Director
$0 $0 $0
MARK GHERITY DIRECTOR 0.30
Director
$0 $0 $0
MICHAEL GOAR DIRECTOR 0.30
Director
$0 $0 $0
JACOB GRAFF DIRECTOR 0.30
Director
$0 $0 $0
PATRICIA GRAZZINI DIRECTOR 0.30
Director
$0 $0 $0
ANDREW GREY DIRECTOR 0.30
Director
$0 $0 $0
SCOTT HAGAN DIRECTOR 0.30
Director
$0 $0 $0
TIMOTHY HAGER DIRECTOR 0.30
Director
$0 $0 $0
ANDREW HANSEN DIRECTOR 0.30
Director
$0 $0 $0
HEATHER HARNISCH DIRECTOR 0.30
Director
$0 $0 $0
TIMOTHY HART-ANDERSEN EX OFFICIO 0.30
Director
$0 $0 $0
BEN HAWN DIRECTOR 0.30
Director
$0 $0 $0
ANN HEINZER DIRECTOR 0.30
Director
$0 $0 $0
MEIKE HENGELFELT DIRECTOR 0.30
Director
$0 $0 $0
STEVE HERRON DIRECTOR 0.30
Director
$0 $0 $0
SARGENT JOHNSON DIRECTOR 0.30
Director
$0 $0 $0
TRENT JOHNSON DIRECTOR 0.30
Director
$0 $0 $0
TOM JOLLIE DIRECTOR 0.30
Director
$0 $0 $0
JOANNE KAUFMAN DIRECTOR 0.30
Director
$0 $0 $0
LOUIS KING DIRECTOR 0.30
Director
$0 $0 $0
DEB KOLAR DIRECTOR 0.30
Director
$0 $0 $0
CARRIE KOSLA DIRECTOR 0.30
Director
$0 $0 $0
BELLA LAM DIRECTOR 0.30
Director
$0 $0 $0
JAY LINDGREN DIRECTOR 0.30
Director
$0 $0 $0
BRIAN MALLARO DIRECTOR 0.30
Director
$0 $0 $0
JONATHAN MARKS DIRECTOR 0.30
Director
$0 $0 $0
GEORGE MCCRARY DIRECTOR 0.30
Director
$0 $0 $0
ERIC MERRIMAN DIRECTOR 0.30
Director
$0 $0 $0
ANDREW MILLER DIRECTOR 0.30
Director
$0 $0 $0
JOE MILLER DIRECTOR 0.30
Director
$0 $0 $0
ADAIR MOSLEY DIRECTOR 0.30
Director
$0 $0 $0
NICK MURNANE DIRECTOR 0.30
Director
$0 $0 $0
JOHN OZZIE NELSON DIRECTOR 0.30
Director
$0 $0 $0
MARK NEREHAUSEN EX OFFICIO 0.30
Director
$0 $0 $0
JOEL NICHOLS DIRECTOR 0.30
Director
$0 $0 $0
BRIAN PIETSCH DIRECTOR 0.30
Director
$0 $0 $0
KEVIN QUIRING DIRECTOR 0.30
Director
$0 $0 $0
RONNIE RAGOFF DIRECTOR 0.30
Director
$0 $0 $0
MATTHEW RAUENHORST DIRECTOR 0.30
Director
$0 $0 $0
BRENT ROBERTSON DIRECTOR 0.30
Director
$0 $0 $0
KATHY RUMPZA DIRECTOR 0.30
Director
$0 $0 $0
STEVEN RYAN DIRECTOR 0.30
Director
$0 $0 $0
MIKE SALMEN DIRECTOR 0.30
Director
$0 $0 $0
TOM SCHNETTLER DIRECTOR 0.30
Director
$0 $0 $0
DAVID SERRANO DIRECTOR 0.30
Director
$0 $0 $0
ERIN SEXTON DIRECTOR 0.30
Director
$0 $0 $0
ARI SILKEY DIRECTOR 0.30
Director
$0 $0 $0
BUFFY SMITH DIRECTOR 0.30
Director
$0 $0 $0
JOSH STOWERS EX OFFICIO 0.30
Director
$0 $0 $0
SARAH STREHL DIRECTOR 0.30
Director
$0 $0 $0
RYAN TANKE DIRECTOR 0.30
Director
$0 $0 $0
VINCENT THOMAS DIRECTOR 0.30
Director
$0 $0 $0
LICA TOMIZUKA EX OFFICIO 0.30
Director
$0 $0 $0
LONNA TORCHIA DIRECTOR 0.30
Director
$0 $0 $0
BRITT UDESEN DIRECTOR 0.30
Director
$0 $0 $0
ROSEMARY UGBOAJAH DIRECTOR 0.30
Director
$0 $0 $0
CHAD VASKE DIRECTOR 0.30
Director
$0 $0 $0
JAMES VOS DIRECTOR 0.30
Director
$0 $0 $0
ABDI WARSAME DIRECTOR 0.30
Director
$0 $0 $0
JONATHAN WEINHAGEN DIRECTOR 0.30
Director
$0 $0 $0
JONATHAN WENDROFF DIRECTOR 0.30
Director
$0 $0 $0
MEKA WHITE MORRIS DIRECTOR 0.30
Director
$0 $0 $0
TOM WHITLOCK DIRECTOR 0.30
Director
$0 $0 $0
STEVE YAEGER DIRECTOR 0.30
Director
$0 $0 $0
KATHRYN REALI COO 2.00
Highest
$0 $31,557 $233,373
ADAM DUININCK PRESIDENT,CEO 0.00
Officer
$0 $1,306 $40,902
LEAH WONG VP OF EXTERNAL RELATIONS, 11/14/23 0.00
Highest
$0 $30,659 $209,509
SHARAE SLEDGE DIRECTOR OF FINANCE 0.00
Highest
$0 $11,867 $152,867
JESSE OSENDORF DIRECTOR OF OPERATIONS 0.00
Highest
$0 $15,446 $150,486
SHANE ZAHN DIRECTOR OF SAFETY INITIATIVES 0.00
Highest
$0 $22,062 $159,586
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $10,001,153 $10,372,277 $2,885,123 $-371,124
2022 $8,197,330 $8,859,577 $2,925,074 $-662,247
2021 $8,257,561 $7,877,158 $3,331,993 $380,403
2020 $7,992,701 $7,282,869 $2,574,843 $709,832
2019 $7,190,654 $7,090,238 $1,831,981 $100,416
2018 $7,075,166 $7,570,788 $2,315,376 $-495,622
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