Overview
What is Seward Redesign Inc?
Seward Redesign Inc, operating as Redesign Inc, is a Minneapolis-based nonprofit organization located at 2619 East Franklin Avenue, Minnesota 55406. With a mission to foster economic justice, they specialize in real estate development projects that cater to the needs of low-income residents, women, and people of color in the Seward and Greater Longfellow neighborhoods. In 2022, they focused on various development projects, including revitalizing a historic commercial building, redeveloping a retail/office building, acquiring and planning land for People-of-Color-led entities, and renovating an industrial building for neighborhood businesses. They also secured financing for a 32-unit apartment project designed for low-income families and partnered with the City of Minneapolis to train new and emerging developers. With a vision to construct thriving neighborhoods offering living-wage jobs, affordable housing, and quality goods and services, Redesign Inc embodies a commitment to social equality and community development.
Official website here: www.redesigninc.org
Is Seward Redesign Inc legitimate?
Seward Redesign Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Seward Redesign Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $153,883
Professional Fundraising Fees: $0
Other Salaries and Wages: $308,476
For more financial information, click here
Official website here: www.redesigninc.org
What is the mission statement of Seward Redesign Inc?
Seward Redesign Inc's mission is to promote economic justice and community development by collaborating with local entities. They achieve this through the development and sustainment of affordable housing and commercial real estate, investing in entrepreneurs, and creating living-wage jobs. The organization implements various real estate development projects to serve the needs of low-income residents and people of color, focusing on equitable recovery and property ownership for businesses owned by people of color. In 2022, they focused on several projects, including redeveloping historic commercial buildings, providing land for future housing development, and renovating industrial buildings for neighborhood-based businesses. Seward Redesign Inc also provides training in real estate development to emerging developers, aiming to empower and partner with first-time developers and people of color.
Official website here: www.redesigninc.org
Who is the CEO of Seward Redesign Inc?
Andy Hestness is the Board Member of Seward Redesign Inc.
Official website here: www.redesigninc.org
What is the revenue of Seward Redesign Inc?
Who are the executives of Seward Redesign Inc and what are their salaries?
The average compensation at Seward Redesign Inc during 2022 was $66,051. There are 7 employees and 19 volunteers at Seward Redesign Inc.
Here are 17 key members and their salaries:
- Andy Hestness (Executive Director)
- Christopher Romano (Former Executive Director)
- Edward Landenberger (Board Member) [Trustee/Director]
- Claudia Klinkhammer (Board Member) [Trustee/Director]
- Teshome Tesh Belayneh (Board Member) [Trustee/Director]
- Emily Smoak (Board Member) [Trustee/Director]
- Christine Diindiisi Mccleave (Board Member) [Trustee/Director]
- Abdullahi Mohamed (Board Member) [Trustee/Director]
- Lisa Middag (Board Member) [Trustee/Director]
- Abdi Moaling (Board Member) [Trustee/Director]
- Suzanne Weinstein (Secretary) [Trustee/Director]
- Sheldon Mains (President) [Trustee/Director]
- Ewart Martens (Board Member) [Trustee/Director]
- Tony Scallon (Board Member) [Trustee/Director]
- Carol Carrier (Vp Of Administration) [Trustee/Director]
- Anna Growcott (Board Member) [Trustee/Director]
- Tadd Kelly (Treasurer) [Trustee/Director]
Official website here: www.redesigninc.org
Where can I find the form 990 for Seward Redesign Inc?
The Seward Redesign Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.redesigninc.org
Learn more at the official website: www.redesigninc.org
Mission Statement of Seward Redesign Inc
Seward Redesign Inc, a nonprofit organization, is committed to redefining neighborhoods by fostering living-wage jobs, affordable housing, and providing quality goods and services. Their mission is to advocate for economic justice in collaboration with the community. They achieve this by undertaking residential, commercial, and industrial real estate development projects that cater to the needs of low- and moderate-income residents, particularly women and people of color within the Seward and Greater Longfellow neighborhoods.
In essence, Seward Redesign Inc is dedicated to rebuilding communities by developing and sustaining affordable housing and commercial real estate. They invest in entrepreneurs and create living-wage jobs, thereby contributing to the socio-economic upliftment of the community. Their projects in 2022 include redeveloping a historic commercial building, renovating an industrial building for neighborhood-based businesses, securing financing for a low-income housing project, and providing training in real estate development to new and emerging developers, many of whom are people of color. Through these initiatives, Seward Redesign Inc is not just revitalizing neighborhoods but also empowering local businesses and communities, ensuring equitable recovery and sustainable growth.
Impact
This information is meant to be a general summary of Seward Redesign Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Seward Redesign Inc's impact can be seen in the revitalization and economic empowerment of the Seward and Greater Longfellow neighborhoods in Minneapolis, MN. Through their real estate development projects, they are working to provide affordable housing, quality goods and services, and living-wage jobs for low- and moderate-income residents, women, and people of color in the community.
By focusing on projects like the redevelopment of historic commercial buildings, creation of retail/office spaces for existing businesses, development of new housing, and renovation of damaged properties for neighborhood-based businesses owned by people of color, Seward Redesign Inc is actively contributing to the equitable recovery and growth of the Lake Street commercial corridor and surrounding areas.
Furthermore, their commitment to providing training in real estate development to new and emerging developers, particularly those who are first-time developers and people of color, demonstrates their dedication to building economic justice and creating opportunities for underrepresented entrepreneurs in the community.
Overall, Seward Redesign Inc's impact is reflected in their efforts to create inclusive and sustainable economic development that benefits and empowers the residents and businesses of the Seward and Greater Longfellow neighborhoods.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL REVENUE
Revenue
$1,385,566
DEVELOPER FEES
Revenue
$155,167
MISCELLANEOUS
Revenue
$120,028
MANAGEMENT FEES
Revenue
$65,570
Organization Details
Founding Year
1969
Phone
(612) 338-8729
Principal Officer
Andy Hestness
Main Address
2619 EAST FRANKLIN AVENUE, MINNEAPOLIS, MN, 55406
Website
www.redesigninc.org
NTEE Category
Code: A200 - Arts
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