Lake Street Council
Donations deductibleRevenue
$2.3m
year to 31 December 2024
Expenses
$2.1m
year to 31 December 2024
Total assets
$4.4m
$255k liabilities
Net assets
$4.1m
assets less liabilities
Directors and trustees
18
6.0 years on average
Staff
12
30 volunteers
Left since last filing
0
no seats appear to have opened
Officers and senior staff
5
named in Part VII
Lake Street Council's network
18 people11 organisationsi18 people and 11 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (18). Violet dotted lines (11) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
18 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Time served and departures are observed across annual filings. Observed time served is a lower bound - a member may have joined before the first year on record. The organisation reported 18 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Alison Pence | Director | 2020 | 6 yrs |
| ANA Columba Reyes (also filed as Ana Columba Reyes) | Director | 2018 | 8 yrs |
| Baba Letang | President | 2020 | 6 yrs |
| Brittany Howard | Director | 2024 | 2 yrs |
| Claudia Carrasco | Director | 2024 | 2 yrs |
| Dipankar Mukherjee | Director | 2018 | 8 yrs |
| Enrique Blanco | Executive Comittee | 2020 | 6 yrs |
| Hibo Abdi | Director | 2023 | 3 yrs |
| Hodan Guled | Director | 2022 | 4 yrs |
| Jackie Knight | Executive Comittee | 2018 | 8 yrs |
| Julie Ingebresten | Director | 2018 | 8 yrs |
| Justin Bryant | Director | 2024 | 2 yrs |
| Miluska Novota | Director | 2020 | 6 yrs |
| Rich Esquivel | Director | 2018 | 8 yrs |
| Ronnie Taylor | Treasurer | 2021 | 5 yrs |
| Staci Hesthaven | Director | 2023 | 3 yrs |
| Ted Campbell (also filed as Ted Campbell) | Director | 2018 | 8 yrs |
| Vicki Karr | Vice President/Secratary | 2018 | 8 yrs |
Officers and senior leadership
5 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| Abdiwali A ALI | Employee | 2018 |
| Allison M Sharkey | Executive Director | since 2018 |
| Matthew Kazinka | Employee | 2018 |
| Theresa Swaney | Employee | 2018 |
| Zoeana Martinez | Employee | 2018 |
Pay and hours
year to 31 December 2024iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Allison Sharkey | Executive Director | 40 | $117k | $4k | |
| Baba Letang | President | 2 | $0 | ||
| Vicki Karr | Vice President/Secratary | 2 | $0 | ||
| Ronnie Taylor | Treasurer | 2 | $0 | ||
| Hibo Abdi | Director | 1 | $0 | ||
| Ted Campbell | Director | 1 | $0 | ||
| Rich Esquivel | Director | 1 | $0 | ||
| Hodan Guled | Director | 1 | $0 | ||
| Staci Hesthaven | Director | 1 | $0 | ||
| Julie Ingebresten | Director | 1 | $0 | ||
| Enrique Blanco | Executive Comittee | 1 | $0 | ||
| Dipankar Mukherjee | Director | 1 | $0 | ||
| Miluska Novota | Director | 1 | $0 | ||
| Alison Pence | Director | 1 | $0 | ||
| Jackie Knight | Executive Comittee | 1 | $0 | ||
| Ana Columba Reyes | Director | 1 | $0 | ||
| Justin Bryant | Director | 1 | $0 | ||
| Claudia Carrasco | Director | 1 | $0 | ||
| Brittany Howard | Director | 1 | $0 |
About
- Legal name
- Lake Street Council
- EIN
- 410975738
- Address
- 2925 Chicago Ave Ste 190, Minneapolis, MN, 55407-1321
- State
- Minnesota
- Mission
- Lake Street Council engages, serves, and advocates for the Lake Street business community in Minneapolis to ensure the vitality and prosperity of the commercial corridor. The Lake Street Council fosters economic vitality and amplifies Lake Street's vibrancy to create a thriving and livable commercial corridor. (as filed on the Form 990)
- Activity (NTEE)
- S20 Community improvement and capacity building
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Community Improvement & Capacity Building
- Size band
- 6 (IRS master file code)
- Formed
- 1968
- Principal officer
- Allison Sharkey (as named on the Form 990)
- IRS ruling date
- 1 July 2010
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 7, latest 2024
- IRS Publication 78
- PC (contributions deductible)
Most connected
Longest observed on the filings
≥8years on the filingsANA Columba Reyes
≥8years on the filingsDipankar Mukherjee
≥8years on the filingsJackie Knight
≥8years on the filingsJulie Ingebresten
Latest return
year to 31 December 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2024. US dollars, as filed.- Total assets
- $4.4m
- Total liabilities
- $255k
- Net assets or fund balances
- $4.1m
- Contributions and grants received
- $2.2m
- Program service revenue
- $0
- Grants and similar paid out
- $559k
- Employees
- 12
- Volunteers
- 30
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $2.3m | $2.1m | $164k |
As filed on the IRS Form 990. US dollars.
Grants paid
25+ listediFrom Schedule I of the Form 990: grants and assistance to organisations in the United States, largest first (up to 25). Schedule I is filed only by organisations that gave more than $5,000 to any one recipient.| Recipient | Purpose | Amount |
|---|---|---|
| Lul Bros Properties | General support | $50k |
| Southside Community Health Services Inc | General support | $50k |
| Kushite Art Gallery LLC | General support | $28k |
| Dem Properties | General support | $25k |
| Grass Roots LLC | General support | $25k |
| Don Pedro LLC | General support | $25k |
| Odigo Properties LLC | General support | $25k |
| Solcana Fitness LLC | General support | $22k |
| Taco Taxi Inc | General support | $14k |
| Jungle Theatre | General support | $13k |
| New York Plaza LLC | General support | $13k |
| Greater Minneapolis Council of Churches (GMCC) | General support | $11k |
| Umbra Arts LLC | General support | $11k |
| Capi USA | General support | $10k |
| Said Hassan | General support | $10k |
| East Philips Neighborhood Institute | General support | $10k |
| Ocampo Plaza LLC | General support | $10k |
| Queermunity Collaborative LLC | General support | $10k |
| Lake Auto Center | General support | $10k |
| Car-X Auto Service | General support | $10k |
| TruCare Clinic LLC | General support | $7k |
| In the Heart of the Beast Puppet and Mask Theater | General support | $7k |
| Ingebretsens Gift Shops Inc | General support | $6k |
| Colonial Market 2 LLC | General support | $6k |
| PrimeMed PLLC | General support | $6k |