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Matthew 25

Matthew 25

Cedar Rapids, IA 52404
Tax ID26-0467321

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About this organization

Revenue

$899,286

Expenses

$1,071,456

Website

hub25.org

Mission

Matthew 25 empowers people to transform neighborhoods.

About

Groundswell Cafe, co-working, and events was able to accomplish much in its first full year of operation. Groundswell Cafe provides a place where everyone has access to fresh, healthy food, regardless of their ability to pay; the co-working space is a shared workspace and community-driven atmosphere for location-independent workers and entrepreneurs in the area; and the event space provides a flexible venue for the community to come together. In 2019 we accomplished the following: - The cafe was able to serve $28,162.75 worth of free meals through the financial contributions of our customer base, and other organizations - Our average daily sales escalated from $325.89 in the first quarter to 436.23 average daily sales for the year. Showing considerable growth over the year - In February we expanded our hours and menu to include breakfast - In June we were able to hire a full-time chef that has helped us to produce great quality food, and expand our outreach - Although co-working has been a slow burn, we were able to ramp up participation at the end of the year through some well thought out promotions, we ended the year with 16 full members and two punch cards sold - We had 133 paid events and 12 open mics

Interesting data from their 2020 990 filing

From their filing, the objective of the non-profit is stated as “Vision - matthew 25 envisions a thriving, connected community where people are valued and talents are multiplied; where neighborhood families have access to safe, affordable housing and healthy food; and where youth are empowered through reading and the creative arts.our mission - matthew 25 empowers people to transform neighborhoods.we believe...- positive relationships are the building blocks for community.- faith requires action.- we must build a sustainable, inclusive future.- crossing boundaries and building bridges among diverse groups strengthen all.- healthy communities focus on empowerment.- effective mentoring and teaching change lives.”.

When talking about its functions, they were outlined as: “Matthew 25 empowers people to transform neighborhoods.”.

  • The legally reported state of operation for the non-profit is IA.
  • According to the filing, the non-profit's address in 2020 is 201 3RD AVE SW, CEDAR RAPIDS, IA, 52404.
  • The non-profit organization as of 2020 has a total of 33 employees reported on their form.
  • Is not a private foundation.
  • Expenses are between $500,000 and $1,000,000+.
  • Revenue is between $500,000 and $1,000,000+.
  • Revenue less expenses is -$172,170.
  • The organization has 12 independent voting members.
  • The organization was formed in 2007.
  • The organization pays $469,634 in salary, compensation, and benefits to its employees.
  • The organization pays $63,560 in fundraising expenses.

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