The Camden Collective

EIN: 853008271 501(c)(3) Community Improvement

MINNEAPOLIS, MN

Total Revenue
$205,418
Total Expenses
$237,830
Total Assets
$60,566
Net Assets
$60,566
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
MN
Principal Officer
Anna Gerdeen
Tax Period
2023-08-01 to 2024-07-31

The Camden Collective, founded in 2020, is a small nonprofit in the Community Improvement sector that reported $205K in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year. Expenses of $238K exceeded revenue, resulting in a 16% operating deficit.

Mission

To strengthen Northside self-reliance and community bonds by empowering neighbors to serve each other for our common good. We do this through a youth employment program a food distribution and by hosting community events.

Program Service Accomplishments

Program 1
Expenses: $116,247 Revenue: $0

Food Program: We operated as an official TEFAP food shelf conducting a substantial weekly food distribution and initiating a new weekly food shelf this year. Our services reached 50,552 individuals...

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Food Program: We operated as an official TEFAP food shelf conducting a substantial weekly food distribution and initiating a new weekly food shelf this year. Our services reached 50,552 individuals and 11,242 households during the 2023-24 fiscal year.

Program 2
Expenses: $57,697 Revenue: $0

Youth Employment: We hired and mentored at risk-youth from the neighborhood to help run the food distribution and food shelf. We received several grants to support this work and worked with around 12...

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Youth Employment: We hired and mentored at risk-youth from the neighborhood to help run the food distribution and food shelf. We received several grants to support this work and worked with around 12 paid youth and 15-20 young people as volunteers.

Program 3
Expenses: $10,138 Revenue: $0

Events: We organize neighborhood community events to foster unity. This fiscal year we hosted three major events: a Summer Celebration a Fall Festival and a Winter Celebration. These gatherings...

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Events: We organize neighborhood community events to foster unity. This fiscal year we hosted three major events: a Summer Celebration a Fall Festival and a Winter Celebration. These gatherings attract a broad group of neighbors. Two events feature coat giveaways and all of our events feature a free community meal. Each event was attended by well over 200 neighbors.

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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 (2023)

Revenue Breakdown

Contributions & Grants $203,336
Program Service Revenue $0
Investment Income $2,082
Other Revenue $0
TOTAL REVENUE $205,418

Expense Breakdown

Grants Paid $0
Salaries & Benefits $75,883
Fundraising Expenses $968
Program Expenses $184,082
Other Expenses $161,743
TOTAL EXPENSES $237,830

Year-over-Year Comparison

2023 2022 Change
Revenue $205,418 $219,007 -0.1%
Expenses $237,830 $128,294 +0.9%
Net Income $-32,412 $90,713 -1.4%
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
6
Independent Members
6
Employees
5
Volunteers
50

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
$60,238
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Viviana Salazar President 1.00
Officer Director
$0 $0 $0
Salma Ahmadyar Vice-President 1.00
Officer Director
$0 $0 $0
Raphael Golberstein Treasurer 1.00
Officer Director
$0 $0 $0
James Cain Board member-at-large 3.00
Director
$0 $0 $0
Elijah NorrisNorris Holliday Board member-at-large 1.00
Director
$0 $0 $0
Kevin Aldwaik Board member-at-large 1.00
Director
$0 $0 $0
Anna Gerdeen Executive Director 40.00
Officer
$60,238 $0 $60,238
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 $205,418 $237,830 $60,566 $-32,412
2023 $219,007 $128,294 $92,978 $90,713
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