Program areas at SAOIC
Summit Academy Oic is a non-profit vocational training and educational center based in north minneapolis with 50 years' experience helping twin cities' residents in economically depressed neighborhoods acquire the tools they need to become educated, employed, and self-supporting. Summit Academy is the only community-based vocational training and job-placement program in north minneapolis accredited by the council on occupational education and registered with the Minnesota higher education services office.at Summit Academy Oic, we believe the best social service program in the world is a job. Graduates from our adult education programs are given the opportunity to lift themselves up from a life of poverty and hopelessness onto a path that will lead to a better life for themselves and their families. Where before, these men and women were limited by chronic unemployment, a complete lack of resources, and in many cases, a lack of faith in themselves, they now have the chance to fundamentally change their circumstances by increasing their income and their quality of life. When adults work full-time living-wage jobs, they become role models to young adults and children, families become more stable, and the cycle that has kept their communities poor and crime-ridden is broken. These positive changes continue to ripple out even further into the larger community as fewer social services and incarceration costs are incurred and graduates begin to pay taxes. After receiving training in community healthcare, energy efficiency and green construction, these graduates have gone on to work in jobs that directly improve Minnesota's infrastructure.summit Academy offers adult education and support services that are tailored to the specific needs of the communities we serve. Our career and technology center provides pre-apprentice training in construction (hundred hard hats program), with specific tracks in carpentry and electrical work. The ctc also offers programs in medical administrative assistant , information technology careers and in 2024 we initiated training in financial services. In addition to the post secondary offerings Summit offers a contextualized ged program that provides individuals without a high school diploma the opportunity to earn a ged in conjunction with attainting an advanced certificate in the aforementioned carrers. All career tracks are all supported with services that develop students' life skills and assist in job seeking, placement, and retention.in this fiscal year (july 1, 2023- june 30, 2024), Summit's career and technology center served 954 adult students, and 559 obtained their ged or graduated with a vocational training certificate of completion. Over that time Summit placed 331 adults in employment. Job earnings for all programs are at a median of $21 per hour.
Who funds Summit Academy Oic (SAOIC)
Grants from foundations and other nonprofits
Personnel at SAOIC
Name | Title | Compensation | Date of data |
---|
Leroy West | President and Chief Executive Officer | $240,715 | 2024-10-02 |
Louis J King | Chief Executive Officer | $324,270 | 2023-06-30 |
Hope Patterson | Chief Operating Officer | $25,867 | 2024-10-02 |
Marc Carrier | Chief Financial Officer | $198,489 | 2024-10-02 |
Miriam Williams | Chief Administrative Officer | $174,032 | 2023-06-30 |
...and 21 more key personnel |
Financials for SAOIC
Revenues | FYE 06/2024 | FYE 06/2023 | % Change |
---|
Total grants, contributions, etc. | $13,133,588 | $11,234,891 | 16.9% |
Program services | $4,760,676 | $4,685,237 | 1.6% |
Investment income and dividends | $23,528 | $152,231 | -84.5% |
Tax-exempt bond proceeds | $0 | $0 | - |
Royalty revenue | $0 | $0 | - |
Net rental income | $-171,417 | $-99,917 | -71.6% |
Net gain from sale of non-inventory assets | $0 | $-12,625 | -100% |
Net income from fundraising events | $-121,284 | $-138,608 | 12.5% |
Net income from gaming activities | $0 | $0 | - |
Net income from sales of inventory | $0 | $0 | - |
Miscellaneous revenues | $327,934 | $0 | 999% |
Total revenues | $17,953,025 | $15,821,209 | 13.5% |
Organizations like SAOIC
Organization | Type | Location | Revenue |
---|
Pittsburgh Institute of Aeronautics (PIA) | 501(c)(3) | West Mifflin, PA | $13,579,845 |
Center for Employment Training (CET) | 501(c)(3) | San Jose, CA | $27,050,811 |
Hobart Institute of Welding Technology | 501(c)(3) | Troy, OH | $10,693,427 |
IYRS School of Technology and Trades School | 501(c)(3) | Newport, RI | $4,779,750 |
North Bennet Street School (NBSS) | 501(c)(3) | Boston, MA | $7,863,488 |
Jewish Vocational Service Boston | 501(c)(3) | Boston, MA | $30,252,320 |
American Academy of Dramatic Arts (AADA) | 501(c)(3) | New York, NY | $24,322,488 |
Bidwell Training Center | 501(c)(3) | Pittsburgh, PA | $6,806,596 |
Spanish American Basic Education and Rehabilitation (SABER) | 501(c)(3) | Miami, FL | $4,674,636 |
New York Botanical Garden (NYBG) | 501(c)(3) | Bronx, NY | $87,150,788 |
Data update history
November 24, 2024
Posted financials
Added Form 990 for fiscal year 2024
October 2, 2024
Updated personnel
Identified 1 new personnel
September 21, 2024
Received grants
Identified 21 new grant, including a grant for $4,150,000 from WEM Foundation Nonprofit Types
Employment organizationsSchoolsCharities
Issues
HealthEducationHuman servicesDiseases and disordersJobs and employment
Characteristics
Political advocacyLobbyingFundraising eventsState / local levelReceives government fundingEndowed supportCommunity engagement / volunteeringProvides scholarshipsFundraising races, competitions, and tournamentsTax deductible donationsAccepts online donations
General information
- Address
- 935 Olson Memorial Hwy
- Minneapolis, MN 55405
- Metro area
- Minneapolis-St. Paul-Bloomington, MN-WI
- County
- Hennepin County, MN
- Website URL
- saoic.org/Â
- Phone
- (612) 377-0150
- Facebook page
- SummitAcademyOICÂ
- Twitter profile
- @saoicÂ
IRS details
- EIN
- 41-0908458
- Fiscal year end
- June
- Taxreturn type
- Form 990
- Year formed
- 1966
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- B41: Community College, Jr. College
- NAICS code, primary
- 61151: Technical and Trade Schools
- Parent/child status
- Independent
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