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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.
Source: IRS Form 990 (Tax Year 2024)
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2024
Total Revenue
▼$2.3M
Program Spending
68%
of total expenses go to program services
Total Contributions
$2.2M
Total Expenses
▼$2.1M
Total Assets
$4.4M
Total Liabilities
▼$254.8K
Net Assets
$4.1M
Officer Compensation
→$120.5K
Other Salaries
$772.1K
Investment Income
$95.2K
Fundraising
▼$8,329
Source: USAspending.gov
No federal awards found for this organization.
USAspending.gov tracks federal grants, cooperative agreements, and other financial assistance. Not all nonprofits receive federal funding.
Source: Federal Audit Clearinghouse (fac.gov)
No federal single audit records found for this organization.
Single audits are required for entities expending $750,000+ in federal awards annually.
Tax Year 2024 · Source: IRS e-Filed Form 990
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: PC
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2024IRS e-File | $2.3M | $2.2M | $2.1M | $4.4M | $4.1M |
| 2023 | $1.6M | $1.5M | $2.5M | $4.1M | $4M |
| 2022 | $1.3M | $1.3M | $2.4M | $5.3M | $5.1M |
| 2021 | $1.5M | $1.5M | $3.8M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
Financial data: IRS e-Filed Form 990 (Tax Year 2024)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2024)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| Allison Sharkey | Executive Director | 40 | $116.6K | $0 | $3,900 | $120.5K |
| Vicki Karr | Vice President/secratary | 2 | $0 | $0 | $0 | $0 |
| Ronnie Taylor | Treasurer | 2 | $0 | $0 | $0 | $0 |
| Baba Letang | President | 2 | $0 | $0 | $0 | $0 |
Allison Sharkey
Executive Director
$120.5K
Hrs/Wk
40
Compensation
$116.6K
Related Orgs
$0
Other
$3,900
Vicki Karr
Vice President/secratary
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Ronnie Taylor
Treasurer
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Baba Letang
President
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Alison Pence | Director | 1 | $0 | $0 | $0 | $0 |
| Ana Columba Reyes | Director | 1 | $0 | $0 | $0 | $0 |
| Brittany Howard | Director | 1 | $0 | $0 | $0 | $0 |
| Claudia Carrasco | Director | 1 | $0 | $0 | $0 | $0 |
| Dipankar Mukherjee | Director | 1 | $0 | $0 | $0 | $0 |
| Enrique Blanco | Executive Comittee |
Alison Pence
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Ana Columba Reyes
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Brittany Howard
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
| $6.3M |
| $6.2M |
| 2020 | $15M | $15M | $7.7M | $8.6M | $8.5M |
| 2019 | $393.2K | $381.3K | $339.8K | $418K | $416.9K |
| 2018 | $613.6K | $564K | $488.4K | $363.5K | $363.5K |
| 2017 | $558.5K | $544.2K | $499.5K | $238.3K | $238.3K |
| 2016 | $360.7K | $345.5K | $312.8K | $179.3K | $179.3K |
| 2015 | $365.3K | $348.3K | $335.2K | $125K | $128.5K |
| 2014 | $303.8K | $298.3K | $291.3K | $98.9K | $97.8K |
| 2013 | $282.7K | $265.4K | $231.1K | $78.4K | $77.3K |
| 2012 | $296.8K | $283.4K | $336.2K | $25.9K | $21.4K |
| 2011 | $198K | $180.3K | $237.6K | $65.2K | $62.1K |
| 2021 | 990 | Data |
| 2020 | 990 | Data |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | Data |
| 2010 | 990 | — |
| 2009 | 990-EZ | — |
| 2008 | 990-EZ | — |
| 2007 | 990 | — |
| 2006 | 990 | — |
| 2005 | 990 | — |
| 2004 | 990-EZ | — |
| 1 |
| $0 |
| $0 |
| $0 |
| $0 |
| Hibo Abdi | Director | 1 | $0 | $0 | $0 | $0 |
| Hodan Guled | Director | 1 | $0 | $0 | $0 | $0 |
| Jackie Knight | Executive Comittee | 1 | $0 | $0 | $0 | $0 |
| Julie Ingebresten | Director | 1 | $0 | $0 | $0 | $0 |
| Justin Bryant | Director | 1 | $0 | $0 | $0 | $0 |
| Miluska Novota | Director | 1 | $0 | $0 | $0 | $0 |
| Rich Esquivel | Director | 1 | $0 | $0 | $0 | $0 |
| Staci Hesthaven | Director | 1 | $0 | $0 | $0 | $0 |
| Ted Campbell | Director | 1 | $0 | $0 | $0 | $0 |
Claudia Carrasco
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Dipankar Mukherjee
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Enrique Blanco
Executive Comittee
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Hibo Abdi
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Hodan Guled
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Jackie Knight
Executive Comittee
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Julie Ingebresten
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Justin Bryant
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Miluska Novota
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Rich Esquivel
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Staci Hesthaven
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Ted Campbell
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0