Public Charity

Salem Inc

Based in Minneapolis, MN, Salem Inc operates as a Public Charity. The organization reported $2.5M in revenue, $2.4M in expenses, $1.9M in total assets for fiscal year 2024. Imperigo tracks 8 reported grant relationships connected to this organization totaling approximately $2.7M.

EIN: 411782105 Minneapolis, MN Homeowners & Tenants Associations NTEE: L50 Latest filing: 2024
Total Revenue$2.5M
Total Expenses$2.4M
Total Assets$1.9M
Grant Records8
Funding Total$2.7M
Filing Years2020–2024

Mission

Mission is to providing safe and accessible programming which includes community safety, youth mentoring , individual and family development for the underserved.

Where $100 goes at Salem Inc

How Salem Inc divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.

$60 Programs the work itself
$40 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $60 for programs

$58
Salem Inc is dedicated to uplifting and empowering the underserved communities of Minneapolis, MN
97% of program spending
$2
21 Days of Peace MN is intentional activation of prayer, persistence and presence in our communities and being proacted about taking back communities from the infection of crimes…
3% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Board Member Anna Johnson Babbington
Board Member Bill English
President Jerry Mcafee
Secretary Kessa Ford
Executive Director Marlon Moore
Board Member Maurice Mcafee

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$2,655,629 6 grants

Financial Trends

Year Revenue Expenses Assets
2024 $2.5M $2.4M $1.9M
2023 $841K $766K $1.9M
2022 $521K $462K $1.9M
2021 $306K $222K $658K
2020 $252K $236K $1.2M

Between 2020 and 2024, reported annual revenue grew from $252K to $2.5M (+880%), with total assets most recently reported at $1.9M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for Salem Inc

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