Minneapolis - St Paul Regional Economic Development Partnership
Only null% goes to programs Strong reserves Growing revenue
Minneapolis - St Paul Regional Economic Development Partnership is a 501(c)(3) organization based in Saint Paul, Minnesota, registered in 2011, with $10,270,115 in FY2024 revenue. CharityIndex grades it B.
400 Robert St N Ste 1600, Saint Paul, MN, 55101 EIN 27-4026636 Since 2011
Revenue (FY2024)
$10.3M
▲ 28.2% vs prior year
Community median: $184K
Expenses (FY2024)
$8.6M
Net assets
$6.4M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Minneapolis - St Paul Regional Economic Development Partnership— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating9 mo reserves · +16% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Minneapolis - St Paul Regional Economic Development Partnership: 9 mo reserves · +16% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Minneapolis - St Paul Regional Economic Development Partnership— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Minneapolis - St Paul Regional Economic Development Partnership: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 400 Robert St N Ste 1600, Saint Paul, MN, 55101
- City
- Saint Paul
- State
- Minnesota
- Subcategory
- Economic Development
- Website
- …
Financial trends
Revenue grew from $4.8M (FY2013) to $10.3M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $2.0MNet assets $6.4M
Operating margin
15.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$8.4M
Total liabilities
$2.0M
Net assets
$6.4M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $10,270,115▲28.2% | $8,633,502▲13.1% | $6,430,163▲34.5% | $8,385,747▲31.1% | 990 |
| 2023 | $8,008,937▲17.8% | $7,635,137▲10.8% | $4,781,467▲9.0% | $6,398,281▲18.8% | 990 |
| 2022 | $6,796,435▲4.5% | $6,890,625▲8.3% | $4,387,154▼2.1% | $5,387,494▲0.3% | 990 |
| 2021 | $6,502,146▲4.6% | $6,359,834▲16.0% | $4,481,344▲3.3% | $5,371,081▲0.6% | 990 |
| 2020 | $6,217,248▼1.1% | $5,482,783▼1.0% | $4,339,032▲20.4% | $5,339,896▲23.7% | 990 |
| 2019 | $6,283,804▲6.0% | $5,535,952▼6.6% | $3,604,567▲26.2% | $4,315,393▲10.1% | 990 |
| 2018 | $5,926,494▼1.5% | $5,925,079▼1.9% | $2,856,715 | $3,917,892▼3.6% | 990 |
| 2017 | $6,018,355▲0.3% | $6,037,212▲0.2% | $2,855,300▼0.7% | $4,065,066▲0.8% | 990 |
| 2016 | $6,002,338▲11.9% | $6,024,095▲10.5% | $2,874,157▼0.8% | $4,033,713▼5.2% | 990 |
| 2015 | $5,363,309▼12.0% | $5,449,208▲2.3% | $2,895,914▼2.2% | $4,254,947▲11.4% | 990 |
| 2014 | $6,095,787▲27.5% | $5,327,390▲5.4% | $2,961,745▲34.1% | $3,819,180▲7.4% | 990 |
| 2013 | $4,779,393 | $5,056,229▲24.0% | $2,208,349▼10.5% | $3,555,007▲16.8% | 990 |
| 2012 | — | $4,078,410▲66.6% | $2,468,346▲102% | $3,043,664▲108% | 990 |
| 2011 | — | $2,447,976 | $1,219,265 | $1,460,628 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $3.9M total
35 grants to Minneapolis - St Paul Regional Economic Development Partnership totaling $3.9M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Childrens Health Care | Minnesota racial equite coalition | 2024 | $40,000 |
| Charities Aid Foundation America | Charitable donation | 2024 | $30,000 |
| Minneapolis Foundation | Public affairs/society benefit | 2024 | $15,000 |
| Minneapolis Foundation | Public affairs/society benefit, donor-advised, public affairs/society benefit | 2023 | $280,000 |
| Saint Paul & Minnesota Foundation | Multiple grants for programs, operations, or other purposes | 2023 | $115,500 |
| Allina Health System | General support | 2023 | $31,000 |
| Charities Aid Foundation America | Charitable donation | 2023 | $30,000 |
| Childrens Health Care | Business bridge sponsorship | 2023 | $10,000 |
| Saint Paul & Minnesota Foundation | Multiple grants for multiple purposes | 2022 | $600,784 |
| Minneapolis Foundation | Donor-recommended, community & economic development | 2022 | $234,000 |
| Charities Aid Foundation America | Charitable donation | 2022 | $59,000 |
| Charities Aid Foundation America | Charitable donation | 2021 | $81,000 |
| Minneapolis Foundation | Community & economic development | 2021 | $56,000 |
| Saint Paul & Minnesota Foundation | Multiple grants for multiple purposes | 2021 | $56,000 |
| American Online Giving Foundation Inc | General support | 2021 | $42,250 |
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Frequently asked questions
- Is Minneapolis - St Paul Regional Economic Development Partnership a legitimate nonprofit?
- Yes. Minneapolis - St Paul Regional Economic Development Partnership is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 27-4026636, based in Saint Paul, Minnesota. Donations are tax-deductible.
- What is Minneapolis - St Paul Regional Economic Development Partnership's EIN?
- Minneapolis - St Paul Regional Economic Development Partnership's Employer Identification Number (EIN) is 27-4026636.
- How much revenue does Minneapolis - St Paul Regional Economic Development Partnership report?
- Minneapolis - St Paul Regional Economic Development Partnership reported $10,270,115 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Minneapolis - St Paul Regional Economic Development Partnership have?
- CharityIndex grades Minneapolis - St Paul Regional Economic Development Partnership B, based on financial health (reserves and operating margin).
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Data for Minneapolis - St Paul Regional Economic Development Partnership (EIN 27-4026636) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.