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SOMALI BANAADIR COMMUNITY OF MINNESOTA

MINNEAPOLIS, Minnesota, 55407

EIN: 85-4382209

Arts, Culture and Humanities

MISSION

The Corporation is organized and shall be operated primarily to provide temporary housing and support of refugees and immigrants in need, focusing on particular needs of Somali families and individuals in the Twin Cities Metropolitan MN areas.

 FORM 1023-EZ for SOMALI BANAADIR COMMUNITY OF MINNESOTA

DEMOGRAPHIC

ADDRESS
1206 E LAKE ST
55407
COUNTY
hennepin county, MN
IN CARE OF NAME
ASHA BUSURI

ORGANIZATIONAL OVERVIEW & RANKINGS

SOMALI BANAADIR COMMUNITY OF MINNESOTA is a based in MINNEAPOLIS, MN, focused on Arts, Culture and Humanities causes , specifically Nonmonetary Support N.E.C.*. Established in March 2021, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $13,281.00, this ranks 679,244 among 2,656,690 nonprofits nationally (Top 26%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 15,183 out of 53,624 organizations in MN (Top 29%).

In hennepin county, MN, the organization ranks 4,431 out of 13,125 nonprofits by assets (Top 34%), while locally in minneapolis, it stands at 2,372 among 6,505 organizations (Top 37%).

The organization reported annual revenue of $823,656.00, ranking 140,250 nationally (Top 6%) and 3,335 in MN (Top 7%).

Within its specific NTEE classification (A19 - A: Arts, Culture and Humanities), which includes 363 similar organizations, SOMALI BANAADIR COMMUNITY OF MINNESOTA ranks 72 in assets (Top 18%) and 9 in revenue (Top 3%).

The organization files a 990 (all other) or 990EZ return and operates on a November fiscal year.

CLASSIFICATION

ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
A: Arts, Culture and Humanities
NTEE CODE
A19: Nonmonetary Support N.E.C.*
FOUNDATION CODE
16: Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2)
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

TAX PERIOD
12/2021
ACCOUNTING PERIOD
12
INCOME CODE
5: $500,000 to $999,999
INCOME AMOUNT
$823,656.00
FORM 990 REVENUE AMOUNT
$823,656.00
RULING DATE
03/2021
ASSET CODE
2: $10,000 to $24,999
ASSET AMOUNT
$13,281.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return

Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.

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