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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Community Improvement & Capacity Building Towerside Innovation District

Towerside Innovation District

Fiscal year ending 2024. Filed on November 13, 2025.

3000 University Ave SE 9
Minneapolis, Minnesota 55414

Towerside Innovation District (EIN: 82-3639718) has filed an IRS Form 990 between fiscal years 2017 and 2024. In its fiscal year 2024 IRS Form 990 filing, Towerside Innovation District, a 501(c)(3) charitable organization, reported compensation for 1 out of 1 total employees. Among the employees shown here, the average compensation is $83,000. The highest compensated employee at Towerside Innovation District is Stephen Klimek with fiscal year 2024 compensation of $83,000.

Revenue, expenses, and employee compensation

Revenue

$457,064

Expenses

$364,547

Employee compensation

$89,373
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Stephen Klimek
Executive Director
$83,000
$83,000 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Dan King
Board Member - THRU March
Del Hampton
Board Member - Starting JUNE
Edward Weinberg
Board Member - Starting JUNE
Gloria Jeff
Board Member
Karen Nelson
Board Member
Karl Reichert
Treasurer
Kevin Reich
Board Member
Metric Giles
Board Member
Olivia Leyrer
Secretary
Pat Mascia
Board Member
Rachel Placzek
Board Member
Richard Gilyard
Vice Chair

Mission Statement

TOWERSIDE WORKS TOGETHER WITH OTHER MISSION-DRIVEN, COMMUNITY-BASED, EDUCATIONAL, ENVIRONMENTAL AND GOVERNMENTAL ORGANIZATIONS IN THE CREATION AND CONTINUANCE OF A SUSTAINABLE COMMUNITY OF DISCOVERY AND INNOVATION IN THE TOWERSIDE DISTRICT OF MINNEAPOLIS AND SAINT PAUL.

Revisions to this organization profile

November 13, 2025:
2024 Towerside Innovation District 990 filed
May 14, 2024:
2023 Towerside Innovation District 990 filed
February 22, 2024:
Amended (originally filed November 16, 2022)2021 Towerside Innovation District 990 filed

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