Source Mn Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 411588666 ✦ Minneapolis, MN ✦ Designated as a 501(c)(3)

Overview

What is Source Mn Inc?

Source Mn Inc is a Minneapolis, Minnesota-based nonprofit organization, with a focus on urban outreach and combating human trafficking. Their mission is to provide at-risk and overlooked individuals with a chance to depart from their past and establish a solid foundation for their future. By dedicating their efforts to this cause, Source Mn Inc aims to instill hope and opportunities within the city. As of the provided information, they have a team of 21 employees working towards this objective.


Official website here: www.sourcemn.org

Is Source Mn Inc legitimate?

Source Mn Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Source Mn 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: $134,093
Professional Fundraising Fees: $0
Other Salaries and Wages: $220,848

For more financial information, click here


Official website here: www.sourcemn.org

What is the mission statement of Source Mn Inc?

Source Mn Inc's mission is centered around assisting the at-risk and overlooked individuals. Through their urban outreach and anti-trafficking initiatives, they provide a means for these individuals to break free from their past and establish a solid foundation for their future. The organization's primary goal is to empower these individuals, enabling them to transition towards a more hopeful and opportunity-filled existence.


Official website here: www.sourcemn.org

Who is the CEO of Source Mn Inc?

Peter Wohler is the Executive Director/President of Source Mn Inc.


Official website here: www.sourcemn.org

What is the revenue of Source Mn Inc?

Source Mn Inc's revenue in 2022 was $3,487,972.


Official website here: www.sourcemn.org

Who are the executives of Source Mn Inc and what are their salaries?

The average compensation at Source Mn Inc during 2022 was $16,902. There are 21 employees and 901 volunteers at Source Mn Inc.

Here are 7 key members and their salaries:

    Peter Wohler (Executive Director/President)
  • Compensation: $50,500
  • Related: $0
  • Other: $48,876

    • Jessica Wohler (Member At Large/Cultural Curator Dir.) [Trustee/Director]
  • Compensation: $32,500
  • Related: $0
  • Other: $5,981

    • Greg Hjelle (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Anderle (Secretary/Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kim Nelson (Secretary (Part Year)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Amanda Sullivan (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chris Thomas (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.sourcemn.org

    Where can I find the form 990 for Source Mn Inc?

    The Source Mn Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.sourcemn.org

    Learn more at the official website: www.sourcemn.org

    Mission Statement of Source Mn Inc

    Source Mn Inc, a nonprofit organization, is committed to extending hope and opportunities to the city's at-risk and unreached individuals. Their mission is multifaceted, primarily focusing on urban outreach and anti-trafficking initiatives. Through these efforts, Source Mn Inc aims to empower these individuals, helping them to break free from their past struggles and establish solid foundations for their future. By providing support and resources, Source Mn Inc enables these individuals to overcome their challenges and build a brighter, more promising life.

    Impact

    This information is meant to be a general summary of Source Mn Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Source Mn Inc's impact is significant in the city of Minneapolis, where it brings hope and opportunity to the at-risk and unreached populations. Through its urban outreach and anti-trafficking efforts, Source empowers individuals to break free from their past circumstances and build strong foundations for their future. This organization plays a vital role in supporting and uplifting those in need within the community, making a positive difference in the lives of many individuals.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $558
  • Program Service Revenue: $0
  • Gross Receipts: $3,706,993

    • Assets and Liabilities:
  • Total Assets: $3,344,409
  • Total Liabilities: $967,680
  • Net Assets: $2,376,729
  • Organization Details

    Founding Year

    1987

    Principal Officer

    Peter Wohler

    Main Address

    PO Box 8212, Minneapolis, MN, 55408

    NTEE Category

    Code: X20 - Religion related

    If you are a representative of Source Mn Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.