Northside Economic Opportunity Network
NEON MISSION IS TO BUILD WEALTH FOR THE LOW TO MODERATE-INCOME ENTREPRENEURS IN NORTH MINNEAPOLIS AND SURROUNDING COMMUNITIES. NEON ACCOMPLISHES ITS MISSION BY COLLABORATING WITH PARTNER ORGANIZATIONS TO PROVIDE TECHNICAL ASSISTANCE AND SUPPORT: ENTREPRENEUR TRAINING AND OUTREACH, FINANCIAL LITERACY, SMALL BUSINESS, AND TECHNICAL ASSISTANCE AND SUPPORT.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$19.1M
+2.1% YoY
Annual Giving
$80K
-78.0% YoY
Grant Count
3
-25.0% YoY
Avg Grant Size
$27K
-70.7% YoY
About Northside Economic Opportunity Network
Based on IRS filings
Northside Economic Opportunity Network is a nonprofit organization focused on Community Improvement & Capacity Building, based in MINNEAPOLIS, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $19.1M in total assets. In 2024, it awarded 3 grants totaling $80K. Net investment income was $563K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $19,079,157 | $18,678,460 | $9,703,973 |
| Revenue | $5,856,372 | $11,896,335 | $3,342,830 |
| Expenses | $3,037,277 | $2,772,485 | $3,441,144 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $563,321 | $346,874 | $26,137 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
7 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include 4 Access Partners ($50,000), Better Greens Llc ($19,646), Minnebun Llc ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BETTER GREENS LLC BUFFALO, MN | 4AP SMALL BUSINESS EQUIPMENT GRANT FUND DISBURSEMENT. | $19,646 |
| MINNEBUN LLC WHITE BEAR LAKE, MN | 4AP SMALL BUSINESS EQUIPMENT GRANT FUND DISBURSEMENT. | $10,000 |
| 4 ACCESS PARTNERS MINNEAPOLIS, MN | GREATER TWIN CITIES UNITED WAY - GRANT DISBURSEMENT TO 4 ACCESS PARTNERS FOR MAIFA FUNDING. | $50,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TRENT BOWMAN | CHAIRMAN | 1 | — |
| TYLER BURKHARDT | TREASURER | 1 | — |
| DAVID STEIER | SECRETARY | 1 | — |
| TING TING NI | DIRECTOR | 1 | — |
| MARGARET MURPHY | DIRECTOR | 1 | — |
| TETO WILSON | DIRECTOR | 1 | — |
| MELANIE GATEWOOD-HALL | VICE CHAIR | 1 | — |
| GLORIA FREEMAN | DIRECTOR | 1 | — |
| RUSSELL KNIGHTON | DIRECTOR | 1 | — |
| KB BROWN | DIRECTOR | 1 | — |
| SHANNON OLSON TEKLE | DIRECTOR | 1 | — |
| BETH DUMKE | DIRECTOR | 1 | — |
| BLAKE BERQUIST | DIRECTOR | 1 | — |
| SPENCER CRONIN | DIRECTOR | 1 | — |
| DEBRA SPEARS | DIRECTOR | 1 | — |
| WARREN MCLEAN | PRESIDENT | 40 | $224,297 |
| STEPHEN OBAYUWANA | SENIOR VP & COO | 40 | $139,817 |
| ANN FIX | VP BUSINESS DEVELOPMENT | 40 | $110,714 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Northside Economic Opportunity Network?
Northside Economic Opportunity Network is a nonprofit organization focused on Community Improvement & Capacity Building, based in MINNEAPOLIS, MN. It holds $19.1M in total assets as of 2024.
How large is Northside Economic Opportunity Network?
As of 2024, Northside Economic Opportunity Network holds $19.1M in total assets with $5.9M in annual revenue. It awarded 3 grants totaling $80K in 2024.
Where does Northside Economic Opportunity Network operate?
Northside Economic Opportunity Network has awarded grants in Minnesota.
What size grants does Northside Economic Opportunity Network award?
In 2024, Northside Economic Opportunity Network awarded 3 grants totaling $80K — an average of about $27K per grant, based on its IRS Form 990 filings.
What is Northside Economic Opportunity Network's EIN?
Northside Economic Opportunity Network's EIN (Employer Identification Number) is 80-0163521. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Northside Economic Opportunity Network's focus areas in our free grants database
Related Funders
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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