Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Nov 2004.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
77 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
12 people listed on the 990; $95K paid to officers and key staff.
Kristel Porter’s $95K as Executive Director is at the 69th percentile of top reported officer pay among 1708 $100K–1M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 4 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Kristel Porter | $94,984 | $93,521 | $91,118 | $11,458 | — | — |
| Cheryl Jensen | — | — | — | $87,554 | — | — |
| Felicia Perry | — | — | — | — | $79,640 | $70,431 |
| Dave Colling | — | — | — | — | — | $8,885 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Unites businesses, neighbors, and nonprofits to revitalize a vibrant commercial corridor and foster economic growth.
Questions for West Broadway Area Coalition
Your first name shows with your question. West Broadway Area Coalition answers here, for everyone.
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Outreach/Events
Black Business Week- WBC partners with the City of Minneapolis every last week in July to host Black Business Week. This is a 2 day event that brings together Black-owned businesses together to share, learn from each other, and to boost their sales and exposure.
Corridor Recovery
Restore North and other grants or services provided to businesses and nonprofit organizations whose location of operation is North Minneapolis. WBC provides the West Broadway Avenue Corridor with an Ambassador program that works to beautify and maintain the avenue.
Technical Assistance Programs
Northside Business Luncheons: Northside Business Luncheons are monthly gatherings for networking and info on select topics with lunch provided from local restaurants and caterers in Minneapolis. Co-hosted by the West Broadway Business & Area Coalition (WBC) and the Northside Economic Opportunity Network (NEON).
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2025 990, line by line.
Download 990
| Line | Start FY25 | End FY25 |
|---|---|---|
| Cash and savingsLn 1–2 | $1.6M | $1.1M |
| InvestmentsLn 11–13 | $0 | $0 |
| Land, buildings, equipmentLn 10c | $14K | $241K |
| Total assetsLn 16 | $1.6M | $1.6M |
| LiabilitiesLn 26 | $43K | $102K |
| Net assetsLn 32 | $1.6M | $1.5M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $78K | $78K | ||
| Pay of current officers, directors and key staffLn 5 | $95K | $76K | $12K | $7K |
| Other salaries and wagesLn 7 | $235K | $188K | $31K | $16K |
| Other employee benefitsLn 9 | $25K | $20K | $3K | $2K |
| Payroll taxesLn 10 | $31K | $25K | $4K | $2K |
| Legal feesLn 11b | $1K | $0 | $1K | $0 |
| Accounting feesLn 11c | $21K | $0 | $21K | $0 |
| Lobbying feesLn 11d | $24K | $0 | $24K | $0 |
| Other fees for servicesLn 11g | $191K | $148K | $24K | $20K |
| Advertising and promotionLn 12 | $35K | $35K | $0 | $0 |
| Office expensesLn 13 | $30K | $24K | $4K | $2K |
| Information technologyLn 14 | $23K | $18K | $3K | $2K |
| OccupancyLn 16 | $50K | $40K | $7K | $4K |
| Conferences, conventions and meetingsLn 19 | $22K | $21K | $287 | $0 |
| Depreciation, depletion and amortizationLn 22 | $9K | $0 | $9K | $0 |
| InsuranceLn 23 | $1K | $1K | $194 | $104 |
| Other expenses (24a–d)Ln 24 | $6K | $0 | $6K | $0 |
| Total functional expensesLn 25 | $877K | $674K | $149K | $54K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest Viewing | $746K | $877K | −$131K | $1.5M | 990 PDF |
| FY2024 | $406K | $973K | −$567K | $1.6M | 990 PDF |
| FY2023 | $279K | $857K | −$578K | $2.2M | 990 PDF |
| FY2022 | $198K | $2.6M | −$2.4M | $2.7M | 990 PDF |
| FY2021 | $711K | $732K | −$21K | $5.1M | 990 PDF |
| FY2020 | $5.8M | $778K | $5.0M | $5.2M | 990 PDF |
| FY2019 | $333K | $463K | −$130K | $124K | 990 PDF |
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Schedules filed Part IV
See the full FY2025 990 (6 parts)
Part I · Summary $746,244 revenue, 12 lines filed
Part VI · Governance 11 of 11 board members independent, 2 to look at
Part VIII · Statement of revenue $746,244 across 13 lines filed
Part IX · Statement of functional expenses $876,760 across 17 lines filed
Part X · Balance sheet $1,559,277 assets, 23 lines filed
Part XI · Reconciliation of net assets $1,457,030 net assets at year end
Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File
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