Salem Inc

Minneapolis, MN, US
501(c)(3)
EIN
41-1782105
Minneapolis, MN, US
501(c)(3)
EIN
41-1782105

Overview

Sign up for

Est.

2009

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

Salem Inc is a nonprofit organization focused on homeowners and tenants associations, as well as providing legal services, with a mission to offer safe and accessible programming that includes youth mentoring and individual development for underserved communities. In 2024, the organization operates with a budget of $2.4 million and reported total revenue of $2.5 million, relying on multiple funders without any single source contributing 50% or more of its revenue. While the organization does not have a publicly available website, its commitment to its mission is evident through its financial scale and diverse funding sources.

Mission Statement

Salem Inc mission is to providing safe and accessible programming which includes safety youth mentoring individual and development the underserved
Revenues

$2.5M

Expenses

$2.4M

Net Income:
+$97K
Assets

$1.9M

Liabilities

$733.1K

Net Assets:
+$1.1M
Operating Budget

$2.4M

Operating Budget by Year

Due Diligence

Are you a grantmaker?
Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
plg-image
plg-image
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
Total No. of Grants

4

Median grant size
$65K
Largest grant received
$1.4M
M
Marlon Moore
Board Member
K
Kessa Ford
Board Member
J
Jerry McAfee
Board Member

Frequently Asked Questions

What is Salem Inc’s budget?
In 2024, Salem Inc reported an annual operating budget of around $2.4 million. More detailed financial information is available to registered users.
What causes does Salem Inc support?
Salem Inc supports work in Legal services and Homeowners & Tenants Associations.
Where does Salem Inc operate?
Salem Inc is headquartered in Minneapolis, MN.
Who funded Salem Inc recently?
In 2024, Salem Inc received grants from COMMUNITY ACTION PARTNERSHIP OF HENNEPIN COUNTY, THE MINNEAPOLIS FOUNDATION, and MINNESOTA BLACK COLLECTIVE FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant Salem Inc received in 2024?
The largest grant to Salem Inc in 2024 exceeds $1.4 million.
Overview
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)