Lake Street Council
Lake Street Council
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About this organization
Mission
Advance the civic and economic vitality of the Lake Street area by implementing and building a cohesive strategy to create vital Lake Street businesses and residential communities.
About
Community development & business district support: surveys, research, and strategic planning; place-making and way finding initiatives; arts and entertainment support; resolution of parking issues; safety and clean-up initiatives; branding, marketing and PR, to build renewed vitality in a 125-year-old commercial corridor of 16 Minneapolis neighborhoods. Building leadership and decision-making skills in a previously under-represented and marginalized community. Financial assistance to building facade improvements that stimulate other visible investment, promote healthier neighborhoods, and create a sense of place.
Interesting data from their 2019 990 filing
In the filing, the mission of the non-profit is noted as “Advance the civic and economic vitality of the lake street area by implementing and building a cohesive strategy to create vital lake street businesses and residential communities.”.
When referring to its responsibilities, they were outlined as: “Advance the civic and economic vitality of the lake street area by implementing and building a cohesive strategy to create vital lake street businesses and residential communities.”.
- The state in which the non-profit is legally registered to operate is MN, as per legal records.
- According to the non-profit's form, they have 5 employees on their payroll as of 2019.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor-advised fund.
- Is not a private foundation.
- Expenses are between $250,000 and $500,000.
- Revenue is between $500,000 and $1,000,000+.
- Revenue less expenses is $125,168.
- The CEO remuneration plan within the organization is subject to review and approval by an independent source.
- The organization has 16 independent voting members.
- The organization was formed in 1968.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule B.
- The organization is required to file Schedule O.
- The organization pays $248,068 in salary, compensation, and benefits to its employees.
- The organization pays $13,423 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization has minutes of its meetings.
- The organization has fundraising events.