URBAN VENTURES LEADERSHIP FOUNDATION Charity Report

Public IRS 990 nonprofit record

URBAN VENTURES LEADERSHIP FOUNDATION

EIN 36-3558710 · Homeowners & Tenants Associations (L50)

What they do

URBAN VENTURES LEADERSHIP FOUNDATION ENVISIONS A CITY WITHOUT POVERTY BY EDUCATING KIDS, STRENGTHENING THEIR FAMILIES, and BUILDING HEALTHY COMMUNITIES.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $78.20 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders12 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

91.87%of revenue went to mission work78.2% of expenses · Program services

6.94%of revenue went to fundraising5.9% of expenses

$117.51spent for every $100 of revenueSpending was higher than revenue this year.

18.70%of revenue went to management and office costs15.9% of expenses

$3.69in assets for every $1 spent this yearSome assets cannot be spent right away.

63.8%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $1,199,976 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $188,121 for DAVID HAWN (PRESIDENT AND CEO (THRU 03/2025)). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$6,854,449

Mission workProgram services$6,296,99591.87% of revenue78.2% of expenses

ManagementOffice and general costs$1,281,63118.70% of revenue15.9% of expenses

FundraisingAsking for donations$475,7996.94% of revenue5.9% of expenses

Total expenses$8,054,425117.51% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 78.2% mission · 15.9% management · 5.9% fundraisingTotal expenses: 117.51% of revenue

2023Expense mix: 77.5% mission · 16.1% management · 6.4% fundraisingTotal expenses: 82.95% of revenue

2022Expense mix: 75.3% mission · 17.3% management · 7.4% fundraisingTotal expenses: 56.34% of revenue

2021Expense mix: 74.3% mission · 17.0% management · 8.7% fundraisingTotal expenses: 113.25% of revenue

2020Expense mix: 67.7% mission · 17.5% management · 14.9% fundraisingTotal expenses: 68.66% of revenue

2019Expense mix: 69.8% mission · 15.5% management · 14.7% fundraisingTotal expenses: 62.39% of revenue

2018Expense mix: 71.4% mission · 15.0% management · 13.6% fundraisingTotal expenses: 61.99% of revenue

2017Expense mix: 67.3% mission · 18.4% management · 14.2% fundraisingTotal expenses: 110.25% of revenue

Money in and money out

Revenue$6,854,449

Expenses$8,054,425

Annual shortfall $1,199,976 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$6,296,995 · 78.2% of expenses

Management and office costs$1,281,631 · 15.9% of expenses

Fundraising$475,799 · 5.9% of expenses

See all reported dollar amounts

Revenue$6,854,449

Expenses$8,054,425

Assets$29,693,719

Income$7,352,336

Contributions$4,374,794

Mission work (program services)$6,296,995

Fundraising$475,799

Grants given$545,000

Average grant$5,000

Management and general$1,281,631

Stocks and bonds$10,471,398

Accounting fees$37,741

Investing fees$47,629

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

DAVID HAWNPRESIDENT AND CEO (THRU 03/2025) · 40 hrs/week $188,121Base $167,121 · Other $21,000

RENEE SHERMANVP OF FINANCE AND OPERATIONS · 36 hrs/week $139,887

ERICA SCHIMELPFENIGPRESIDENT AND CEO · 40 hrs/week $28,558

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (12)

DAVID HAWNPRESIDENT AND CEO (THRU 03/2025)

RENEE SHERMANVP OF FINANCE AND OPERATIONS

ERICA SCHIMELPFENIGPRESIDENT AND CEO

BRANDI POWELLDIRECTOR

DEAN HAGERDIRECTOR

DEREK WEATHERFORDDIRECTOR

GAYLEN KNACKCHAIR

JEREMY WILLIAMSONDIRECTOR

ROY FERBERTREASURER/EXEC COMMITTEE

SAMANTHA REIMERDIRECTOR

SHANNON FOREMANDIRECTOR

TIM HOWEDIRECTOR

About this charity

Recognized since: January 1989
Location: 2924 4TH AVE S, MINNEAPOLIS, MN 55408-2438
County: Hennepin
In care of: RENEE SHERMAN
Primary officer: RENEE SHERMAN, VP OF FINANCE AND OPERTIONS

How to reach them

WebsiteVisit the charity’s website Phone(612) 638-1000

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: CLIFTONLARSONALLEN LLP
NTEE classification: Homeowners & Tenants Associations (L50)
IRS tax category: Homeowners & Tenants Associations
Grant-giving organization: Yes