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Filing year 2023

PROPEL NONPROFITS

Minneapolis, Minnesota·EIN 41-1916337·NTEE T11 · Philanthropy, Voluntarism & Grantmaking Foundations·3
Total revenue
$8.6M
Total assets
$49.9M
Total expenses
$0
Reported officers
22
Mission

THE MISSION OF PROPEL NONPROFITS IS TO FUEL THE IMPACT AND EFFECTIVENESS OF NONPROFITS WITH GUIDANCE, EXPERTISE, AND CAPITAL. PROPEL NONPROFITS PROVIDES LOANS TO NONPROFITS FOR FACILITIES AND WORKING CAPITAL. WE TRAIN NONPROFIT STAFF AND BOARDS TO UNDERSTAND AND BUILD FINANCIAL HEALTH, CLEAR STRATEGY, AND STRONG GOVERNANCE PRACTICES. WE PROVIDE EXPERT KNOWLEDGE, GUIDANCE, AND INSIGHT FOR NONPROFITS ABOUT GOVERNANCE, PLANNING, FINANCIAL STRATEGY, AND SUSTAINABILITY. WE CONSULT AND GUIDE ON STRATEGY, ORGANIZATIONAL STRUCTURE AND FINANCIAL PLANS, STRATEGIC ALLIANCES, AND GOVERNANCE. WE OFFER NONPROFIT ACCOUNTING SERVICES AND FINANCIAL SYSTEMS REVIEW. WE PROVIDE FISCAL SPONSORSHIP AND SUPPORT FOR EMERGING ORGANIZATIONS AND COLLABORATIONS.

Executive compensation, broken down

Form 990 · Schedule J · 5 reported individuals · Filing year 2023

Base salaryBonusOther compensationBenefits
Base salaryBonusOther compensationBenefitsExecutive compensation
President and CEO
$228k
Vice President & CFO
$154k
Chief Advancement Officer
officer (unspecified)
$135k
Director of Strategic Services
highest compensated employee
$121k
Chief Program Officer
officer (unspecified)
$120k

Plus 17 unpaid individuals.

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