EIN 51-0168908

West Bank Community Development CORPORATION

IRS 501(c) type
501(c)(3)
Num. employees
2
Year formed
1975
Most recent tax filings
2024-06-01
Description
Through the ownership of various assets, the organization improves the quality of life of residents by maintaining and preserving affordable housing stock and commercial buildings, giving residents a voice in the decision making process related to those assets, and providing institutional expertise on a wide-variety of Development topics affecting the cedar-riverside area.
Also known as...
West Bank CDC
Total revenues
$841,990
2024
Total expenses
$376,051
2024
Total assets
$2,174,676
2024
Num. employees
2
2024

Program areas at West Bank Community Development CORPORATION

The West Bank cdc, inc is a community-directed organization responsible for Community building and asset management decisions on behalf of the residents of the cedar riverside neighborhood. The wbcdc has responsibility for a variety of affordable housing projects, commercial buildings, and resident/property owner puds within the cedar-riverside neighborhood of minneapolis.

Who funds West Bank Community Development CORPORATION

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Walter C Rasmussen - Northeast Bank FoundationCommunity Development$1,000

Personnel at West Bank Community Development CORPORATION

NameTitleCompensation
David Hoffman-DacheletCurrent Executive Director$111,442
Tim MungavanPast Executive Director$55,237

Financials for West Bank Community Development CORPORATION

RevenuesFYE 06/2024
Total grants, contributions, etc.$501,000
Program services$338,010
Investment income and dividends$2,980
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$841,990

Form 990s for West Bank Community Development CORPORATION

Fiscal year endingDate received by IRSFormPDF link
2024-062025-01-25990View PDF
2023-062024-01-27990View PDF
2022-062023-01-25990View PDF
2021-062021-12-21990View PDF
2020-062021-04-12990View PDF
...and 10 more Form 990s
Data update history
June 4, 2024
Posted financials
Added Form 990 for fiscal year 2023
November 27, 2023
Received grants
Identified 1 new grant, including a grant for $34,000 from BCBSM Foundation
August 2, 2023
Updated personnel
Identified 1 new personnel
June 27, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 20, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsHeadquarter / parent organizationsCharities
Issues
Community improvement
Characteristics
Management and technical assistanceTax deductible donationsAccepts online donations
General information
Address
1808 Riverside Ave S 201
Minneapolis, MN 55454
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
County
Hennepin County, MN
Website URL
wbcdc.org/ 
Phone
(612) 673-0478
IRS details
EIN
51-0168908
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1975
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S20: Community, Neighborhood Development, Improvement
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Central organization
Free account sign-up

Want updates when West Bank Community Development CORPORATION has new information, or want to find more organizations like West Bank Community Development CORPORATION?

Create free Cause IQ account