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
No grants recorded for .
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
Related Funders
Similar funders by location and focus area
Spicola Family Foundation
MINNETONKA, MN
Assets
—
Grants
3
Total Given
$410K
The Geyer Family Foundation
EDINA, MN
Assets
—
Grants
7
Total Given
$35K
Love 4 One Another Charities
CHANHASSEN, MN
Assets
$8.5M
Grants
1
Total Given
$90K
Donald and Luella Zibell Family Foundation
NORTHFIELD, MN
Assets
—
Grants
8
Total Given
$80K
Minnesota Citizens Concerned
MINNEAPOLIS, MN
Assets
$745K
Grants
2
Total Given
$942K
Clearway Minnesota (sm)
MINNEAPOLIS, MN
Assets
—
Grants
6
Total Given
$442K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Northside Economic Opportunity Network on Grantable?
- Assess strategic fit with your organization
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- Find open RFPs from this funder
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