EIN 41-1922813

Banyan Community

IRS 501(c) type
501(c)(3)
Num. employees
45
Year formed
1998
Most recent tax filings
2023-07-01
Description
Banyan Community develops youth, strengthens families, and builds community bonds in a low-income urban Minneapolis neighborhood.
Also known as...
The Banyan Foundation
Total revenues
$7,923,966
2023
Total expenses
$2,249,422
2023
Total assets
$6,597,553
2023
Num. employees
45
2023

Program areas at Banyan Community

Youth Services inspires young people to invest in themselves in education and community. Youth are prepared to meet the challenges of adolescence and adulthood through programs that cultivate social, emotional, and educational growth. Our youth have fun while they develop into committed learners and reconciled people. Youth attend programs to succeed in school, build life skills, develop assets, and cultivate healthy relationships.
Community Services is an essential part of the Organization's mission and is inseparable from the strength of our families and the success of our youth. The Organization connects members of the neighborhood with each other, creating bonds that encourage communication and belonging. Building trust between residents, and training leaders on every block, brings hope and safety to every home. The Organization acts as a resource hub, connecting residents with support systems and equipping them as leading citizens.
Family Services brings hope to families by strengthening the relationship between parents and children. Our families have close bonds that enable us to work together towards a brighter future. The Organization helps parents become advocates for their children in all arenas of life, while children become an inspiration to their parents. The Organization's families are future-oriented because they see that their future is bright.

Who funds Banyan Community

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Constellation FundGeneral Operating Support$150,000
Mortenson Family FoundationUnrestricted$75,000
Cargill FoundationAdolescent Education Support Program - Aces$70,000
...and 37 more grants received totalling $919,277

Personnel at Banyan Community

NameTitleCompensation
Carl SchlueterExecutive Director$63,462
Dan OlthoffDirector of Finance$45,600
Joani EssenburgPast Founder and Executive Director$101,018
Andrew BingenheimerVice Chair$0
Margaret MurphyTreasurer$0
...and 7 more key personnel

Financials for Banyan Community

RevenuesFYE 12/2022
Total grants, contributions, etc.$7,923,540
Program services$0
Investment income and dividends$41,647
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$7,923,966

Form 990s for Banyan Community

Fiscal year endingDate received by IRSFormPDF link
2023-072024-02-09990View PDF
2022-122023-05-01990View PDF
2021-122022-07-06990View PDF
2020-122021-05-21990View PDF
2019-122020-12-01990View PDF
...and 9 more Form 990s
Data update history
August 25, 2024
Received grants
Identified 9 new grant, including a grant for $50,000 from CLB Foundation
May 22, 2024
Updated personnel
Identified 6 new personnel
May 18, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 18, 2024
Received grants
Identified 2 new grant, including a grant for $5,000 from Patch Foundation
February 4, 2024
Received grants
Identified 16 new grant, including a grant for $150,000 from The Constellation Fund
Nonprofit Types
Business and community development organizationsYouth service charitiesHeadquarter / parent organizationsCharities
Issues
ChildrenCommunity improvement
Characteristics
Fundraising eventsState / local levelReceives government fundingEndowed supportCommunity engagement / volunteeringProvides scholarshipsGala fundraisersTax deductible donationsAccepts online donations
General information
Address
2529 13th Ave South
Minneapolis, MN 55404
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
County
Hennepin County, MN
Website URL
banyancommunity.org/ 
Phone
(612) 722-8512
IRS details
EIN
41-1922813
Fiscal year end
July
Taxreturn type
Form 990
Year formed
1998
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S20: Community, Neighborhood Development, Improvement
NAICS code, primary
624110: Child and Youth Services
Parent/child status
Central organization
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