URBAN LEAGUE TWIN CITIES

EIN: 410706915 501(c)(3) Human Services

Minneapolis, MN

Total Revenue
$1,638,506
Total Expenses
$1,368,008
Total Assets
$2,749,782
Net Assets
$2,386,779
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1925
Legal Domicile
MN
Principal Officer
Marquita Stephens
Phone
6123023100
Tax Period
2024-01-01 to 2024-12-31

URBAN LEAGUE TWIN CITIES, founded in 1925, is a community nonprofit in the Human Services sector that reported $1.6M in total revenue in fiscal year 2024. Revenue surged 48% from the prior year, signaling strong growth momentum. The organization ran a surplus of $270K, a strong 17% operating margin.

Mission

The Organization provides platforms, pathways, and programs for African descendants to dismantle racist structures, overcome racial disparities, and achieve equitable outcomes.

Program Service Accomplishments

Program 1
Expenses: $352,001 Revenue: $86,057

EDUCATION: The Black Gems (BG) program is a high school college and career readiness program focusing on social and emotional learning (SEL) to planfully prepare students for their transition to...

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EDUCATION: The Black Gems (BG) program is a high school college and career readiness program focusing on social and emotional learning (SEL) to planfully prepare students for their transition to various post high school options. Participants engage students from a variety of schools and receive life skills training, financial literacy, SEL topics such as peer pressure, developing a support system, and coping through transitions, help with college applications and essays and a springtime tour of HBCU's and civil rights sites.

Program 2
Expenses: $366,214 Revenue: $240,818

WORFORCE DEVELOPMENT: ULTC's Workforce Development programs offer job training, assessment and placement for people who are entering the workforce for the first time or re-entering after an absence...

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WORFORCE DEVELOPMENT: ULTC's Workforce Development programs offer job training, assessment and placement for people who are entering the workforce for the first time or re-entering after an absence. We focus on jobs that offer family sustaining wages in high growth sectors including building trades, IT, trucking, and warehouse operations. Over the past year, we have provided Workforce training and support service to 120 job seekers. A total of 255 people participated in our Urban Tech program and received specialized training. A total of 75 Workforce program participants were placed in full - time employment.

Program 3
Expenses: $223,072 Revenue: $83,100

ULTC WEALTH DEVELOPMENT: ULTC housing programs serve the full spectrum of clients from the unhoused to renters to first-time homebuyers. Our HUD certified housing counsellors help clients to create a...

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ULTC WEALTH DEVELOPMENT: ULTC housing programs serve the full spectrum of clients from the unhoused to renters to first-time homebuyers. Our HUD certified housing counsellors help clients to create a budget and savings plan to help them control their spending, reduce debt, build credit and set a goal of homeownership. A total of 89 people were served through our Wealth Development programs. 42 participated in our home ownership preparation classes over the course of the year. 13 of those participants reported that we assisted with helping to decrease debt, increase savings and/or increase their credit score. 8 participants were provided with homeless assistance and 22 were helped with overcoming barriers such as security deposits, first month's rent, and debts to previous landlords. Four went on to purchase their first homes. In partnership with City of Lakes community Land Trust, ULTC has launched the African American Community Land Trust (AACLT) Twin Cities. The project will provide a mechanism for home ownership and equity sharing for low-income persons and preserve affordability through shared equity. A two-year pilot, the AACLT will support 10 new land trust homeowners with down payment and rehab assistance.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,656,597
Program Service Revenue $0
Investment Income $158
Other Revenue $-18,249
TOTAL REVENUE $1,638,506

Expense Breakdown

Grants Paid $0
Salaries & Benefits $644,571
Fundraising Expenses $70,603
Program Expenses $1,102,931
Other Expenses $723,437
TOTAL EXPENSES $1,368,008

Year-over-Year Comparison

2024 2023 Change
Revenue $1,638,506 $1,105,596 +0.5%
Expenses $1,368,008 $2,158,507 -0.4%
Net Income $270,498 $-1,052,911 -1.3%
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
17
Independent Members
17
Employees
22
Volunteers
80

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
4
$0
Total Directors
15
$156,391
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Marquita Stephens President/CEO 40
Director
$150,000 $6,391 $156,391
Faith Jackson Director 2
Director
$0 $0 $0
Malvin Moore Director 2
Director
$0 $0 $0
Velma Korbel Director 2
Director
$0 $0 $0
Kendra Parker Director 2
Director
$0 $0 $0
Kathryn Coleman Director 2
Director
$0 $0 $0
Ashley Steele Director 2
Director
$0 $0 $0
Shaun Simpson Director 2
Director
$0 $0 $0
Molly Guy Director 2
Director
$0 $0 $0
James C Thomas Director 2
Director
$0 $0 $0
Michael Oakley Director 2
Director
$0 $0 $0
Makram El-Amin Chair 2
Officer Director
$0 $0 $0
Alex Schmid 2nd Vice Chair 2
Officer Director
$0 $0 $0
LaTonia Green Treasurer 2
Officer Director
$0 $0 $0
Mary Liddicoat Secretary 2
Officer Director
$0 $0 $0
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 $1,638,506 $1,368,008 $2,749,782 $270,498
2023 $1,158,387 $2,170,742 $2,583,741 $-1,012,355
2023 $1,105,596 $2,158,507 $2,539,946 $-1,052,911
2022 $1,725,683 $1,925,621 $3,454,525 $-199,938
2021 $1,967,776 $1,792,066 $3,727,358 $175,710
2020 $1,867,875 $1,519,190 $3,523,470 $348,685
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