Program areas at Collider Foundation
Colliders education centers around the delivery of CO.STARTERS cohorts to help people go from idea to next steps. These cohorts keep the process of starting a business simple and accessible, with the community in mind. CO.STARTERS is highly subsidized and delivered at low cost to the entrepreneur. Last year, 26 entrepreneurs graduated from CO.STARTERS cohorts. Colliders 1:1 startup support services are a confidential, completely free resource to help entrepreneurs refine their business ideas and connect them to the resources they need to grow. Last year, Collider assisted 81 entrepreneurs through this service. 47% of these individuals identified as BIPOC and 57% as women.
Collider believes in the power of storytelling to provide inspiration capital and to showcase the many pathways to entrepreneurship within the community. We share stories of local entrepreneurs through article, video, and podcast content. In 2023, we shared the stories of 33 entrepreneurs, 70% of which identified as gender or racial minorities.
Collider Foundation provided low-cost office space to new and growing businesses in the Rochester area through its Collider Coworking Space. This space works to activate, connect, and empower new and emerging entrepreneurs and businesses by connecting them to resource providers and mentors who are often co-located in the same space. A physical location to conduct business is often a significant barrier faced by emerging small businesses. The goal of the coworking space is to foster the growth of new companies in the Rochester area that will get their start in ColliderCoworking and then move on to their own brick-and-mortar location in the next few years.
Who funds Collider Foundation
Grants from foundations and other nonprofits
Personnel at Collider Foundation
Name | Title | Compensation | Date of data |
---|
Amanda Leightner | Executive Director | $0 | 2024-05-18 |
Corrie Strommen | Director of | | 2023-08-03 |
Juliana Silva | Director of Navigation | | 2023-08-03 |
Traci Downs | President | $0 | 2023-12-31 |
Lance Resner | Treasurer | $0 | 2023-12-31 |
...and 1 more key personnel |
Financials for Collider Foundation
Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
---|
Total grants, contributions, etc. | $241,573 | $233,171 | 3.6% |
Program services | $203,856 | $158,367 | 28.7% |
Investment income and dividends | $4,260 | $987 | 331.6% |
Tax-exempt bond proceeds | $0 | $0 | - |
Royalty revenue | $0 | $0 | - |
Net rental income | $0 | $0 | - |
Net gain from sale of non-inventory assets | $0 | $0 | - |
Net income from fundraising events | $0 | $0 | - |
Net income from gaming activities | $0 | $0 | - |
Net income from sales of inventory | $0 | $0 | - |
Miscellaneous revenues | $0 | $0 | - |
Total revenues | $449,689 | $392,525 | 14.6% |
Organizations like Collider Foundation
Organization | Type | Location | Revenue |
---|
College Hill Community Urban Redevelopment Corporation (CHCURC) | 501(c)(3) | Cincinnati, OH | $2,036,754 |
P30 Inc | 501(c)(3) | Indianapolis, IN | $198,653 |
Clifton Heights Community Urban Redevelopment Corporation | 501(c)(3) | Cincinnati, OH | $870,880 |
Niagara-Orleans Regional Land Improvement Corporation (NORLIC) | 501(c)(3) | Sanborn, NY | $239,973 |
St Hope Development Company | 501(c)(3) | Sacramento, CA | $490,629 |
The Business Initiative Corporation of New York | 501(c)(3) | Bronx, NY | $523,084 |
Main Street Texarkana Business Organization for A New Downtown | 501(c)(3) | Texarkana, TX | $250,201 |
Staunton Downtown Development Association | 501(c)(3) | Staunton, VA | $236,521 |
Aerozone Alliance | 501(c)(3) | Cleveland, OH | $514,327 |
Urban Manufacturing Alliance | 501(c)(3) | Brooklyn, NY | $811,443 |
Data update history
July 18, 2024
Posted financials
Added Form 990 for fiscal year 2023
December 25, 2023
Received grants
Identified 1 new grant, including a grant for $100,000 from Mayo Clinic September 23, 2023
Posted financials
Added Form 990 for fiscal year 2022
August 13, 2023
Posted financials
Added Form 990 for fiscal year 2021
August 3, 2023
Updated personnel
Identified 5 new personnel
Nonprofit Types
Business and community development organizationsReal estate organizationsCharities
Issues
Community improvementEconomic developmentBusiness and industry
Characteristics
State / local levelTax deductible donationsAccepts online donations
General information
- Address
- 221 1st Ave SW Ste 610
- Rochester, MN 55902
- Metro area
- Rochester, MN
- County
- Olmsted County, MN
- Website URL
- collider.mn/Â
IRS details
- EIN
- 83-1815046
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 2019
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- S31: Urban, Community Economic Development
- NAICS code, primary
- 5313: Real Estate Services
- Parent/child status
- Independent
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