Nexus Community Partners
- Company typePrivate
- Founded2004
- HeadquartersSaint Paul, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
Nexus Community Partners firmographics
Firmographics- Name
- Nexus Community Partners
- Legal name
- Nexus Community Partners
- Website
- https://nexuscp.org
- Company type
- Private
- Founded year
- 2004
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Nexus Community Partners industry classification
Industry- Product category
- Community Development Nonprofit Services
- NAICS
- Civic and Social Organizations (81341), Other Individual and Family Services (624190), Religious, Grantmaking, Civic, Professional, and Similar Organizations (813)
- SIC
- Services-Social Services (8300), Services-Membership Organizations (8600)
- akta.pro primary industry
- Community Foundations (BPAGAKAB)
- akta.pro secondary industry
- Community Centers & Neighborhood Support Services (BPAGAEAL)
Keywords
Where Nexus Community Partners is headquartered
LocationHeadquarters
- HQ city
- Saint Paul
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Nexus Community Partners business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Others, Marketing or Sales, Technology or R&D
Revenue model
- Grant Funding and Philanthropic Support: As a nonprofit organization, Nexus Community Partners operates through grant funding and philanthropic support to disburse funds to community programs including the Open Road Fund ($50,000 grants to Black individuals in MN, ND, and SD).
Go-to-market motion2 records
Distribution channels1 record
Marketing channels5 records
Nexus Community Partners product offering
Product offeringCore offering
Nexus Community Partners is a nonprofit community-building intermediary that delivers four flagship programs: the Boards & Commissions Leadership Institute (a 7-month training program placing BIPOC community members on publicly appointed boards), the North Star Black Cooperative Fellowship (a 7-month fellowship on Black cooperative economics), the Open Road Fund (disbursing $50,000 grants to Black individuals in MN, ND, and SD), and the Shared Ownership Center @ Nexus (supporting business succession through worker ownership). The organization also maintains a searchable Twin Cities BIPOC Consultants Directory as a community resource.
Product overview
Nexus Community Partners operates as a community-building intermediary offering a portfolio of programs focused on strengthening leaders, cultivating community wealth, and stewarding the just distribution of resources. The core offerings include four distinct programs: the Boards & Commissions Leadership Institute (BCLI), a 7-month leadership training program; the North Star Black Cooperative Fellowship, a fellowship focused on Black cooperative economics; the Open Road Fund, a $50,000 grant program for Black individuals in the upper Midwest; and the Shared Ownership Center @ Nexus (SOC@N), which supports worker ownership transitions. Additionally, they operate the Twin Cities BIPOC Consultants Directory, a searchable database of consultants from underrepresented communities.
Differentiator
Problem solved
Functional benefit
Products and services
- Boards & Commissions Leadership Institute (BCLI) A 7-month leadership program equipping BIPOC and other underrepresented community members to serve on city, county, metro, and state publicly appointed boards and commissions, with a focus on boards in economic development, health, housing, transit, and workforce development.
- North Star Black Cooperative Fellowship A 7-month fellowship bringing together worker-owners of Black-led cooperatives, grounded in the history of Black cooperative economics in the US, to build more powerful and engaged communities and cultivate community wealth.
- Open Road Fund A community resource disbursing $50,000 gifts to Black individuals in Minnesota, North Dakota, and South Dakota to create tangible pathways to liberation, prosperity, and healing on their own terms. Since 2023, has distributed $14.95 million to 298 recipients.
- Shared Ownership Center @ Nexus (SOC@N) A program that helps business owners plan succession on their own terms through worker ownership, enabling communities to change the way business changes hands and supporting transitions to cooperative ownership models.
- Twin Cities BIPOC Consultants Directory A searchable online directory of BIPOC consultants in the Twin Cities area for organizations and individuals seeking knowledge and expertise from Black, Indigenous, and People of Color communities, covering areas including admin support, art, coaching, community development, DEI, and more.
Quantifiable outcome
- $14.95 million distributed to 298 recipients through Open Road Fund since 2023
- +1 more outcomes
Companies that use Nexus Community Partners
Customer profileNamed customers1 record
Segments3 records
Ideal customer profiles4 records
Nexus Community Partners technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Nexus Community Partners partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core, moderate and minor.
- South Como Community Investment CooperativecoreSCC acquired its first property with support from Nexus Community Partners' Shared Ownership Center. The LOCAL Fund administered by Nexus served as technical partner, providing technical assistance for the cooperative's first property acquisition.
- Metropolitan Consortium of Community DeveloperscoreProvided low-interest Shared Ownership loan to South Como Community Investment Cooperative for property acquisition, working in partnership with Nexus Community Partners' LOCAL Fund.
- NEIC (National Economic Equity Institute)moderatePartner organization working to build community wealth and expand cooperative ownership models across Minnesota.
- Ignite Businesswomen Investment GroupmoderatePartner organization working to build community wealth and expand cooperative ownership models across Minnesota.
- Research in ActioncoreEvaluation partner following 50 Open Road Fund recipients over eight years to measure impacts of $50,000 gifts on recipients' sense of stability and possibility.
- Black Collective Foundation MNminorRecipient of merged assets from Minnesota Business Coalition for Racial Equity sunset; works to fund research, programs, and policy advocacy focused on Black economic prosperity.
Scale indicators3 records
Recent moves7 records
Expansion highlights5 records
Nexus Community Partners competitors and assessment
Company assessmentDirect peers
- Common Future: Formerly BALLE (Business Alliance for Local Living Economies), Common Future is a BIPOC-led community wealth-building intermediary that supports cooperative development, place-based economic systems, and community ownership—directly comparable to Nexus's integrated wealth-building approach.
- Project Equity: National nonprofit that helps business owners transition to worker ownership and community ownership—directly comparable to Nexus's Shared Ownership Center @ Nexus program.
- Democracy at Work Institute: National cooperative development organization providing education and technical assistance to worker cooperatives—closely aligned with Nexus's North Star Black Cooperative Fellowship mission.
- Borealis Philanthropy: BIPOC-led funder collaborative that pools philanthropic resources to advance racial equity—comparable model of community-controlled grantmaking similar to Nexus's Open Road Fund approach.
- Headwaters Foundation for Justice: Minnesota-based foundation focused on racial and economic justice, providing grants to BIPOC-led organizations—comparable mission, geography, and grantmaking approach to Nexus.
- ICA Group: National nonprofit that provides technical assistance, education, and research to support cooperative businesses and worker ownership—directly comparable to SOC@N and North Star Fellowship programs.
Regional players
- Northwest Area Foundation: A regional foundation serving Minnesota, North Dakota, South Dakota, and surrounding states focused on BIPOC community economic prosperity—directly comparable geographic focus and mission to Nexus's work.
- Bush Foundation: Minnesota-based foundation investing in leadership development and community building across MN, ND, SD, and Native communities with significant BIPOC focus—closely aligned mission and geography with Nexus.
- McKnight Foundation: Major Minnesota-based foundation funding equitable communities and BIPOC economic opportunity in the upper Midwest—comparable regional focus and community wealth-building mission.
Broad incumbents
- Surdna Foundation: National foundation with strong racial equity and inclusive economies program areas, funding BIPOC community-led wealth building—overlapping programmatic focus at larger scale.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights7 records
Customer concentration
Nexus Community Partners social profiles
Digital presenceNexus Community Partners financial estimates
Financial estimateRevenue estimate
Valuation estimate
Nexus Community Partners leadership team
Management profileNumber of profiles
Profiles4 records
Nexus Community Partners funding detail
Funding detailFunding overview
Funding rounds2 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Nexus Community Partners M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Nexus Community Partners
What does Nexus Community Partners do?
Nexus Community Partners is a nonprofit community-building intermediary that delivers four flagship programs: the Boards & Commissions Leadership Institute (a 7-month training program placing BIPOC community members on publicly appointed boards), the North Star Black Cooperative Fellowship (a 7-month fellowship on Black cooperative economics), the Open Road Fund (disbursing $50,000 grants to Black individuals in MN, ND, and SD), and the Shared Ownership Center @ Nexus (supporting business succession through worker ownership). The organization also maintains a searchable Twin Cities BIPOC Consultants Directory as a community resource.
Is Nexus Community Partners a public or private company?
Nexus Community Partners is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Nexus Community Partners founded?
Nexus Community Partners was founded in 2004. It employs 11 to 50 people.
Where is Nexus Community Partners based?
Nexus Community Partners is headquartered in Saint Paul, United States, in the North America region.
How does Nexus Community Partners make money?
One revenue line is on record: grant Funding and Philanthropic Support.
Who are Nexus Community Partners's main competitors?
Direct peers on record are Common Future, Project Equity, Democracy at Work Institute, Borealis Philanthropy, Headwaters Foundation for Justice and ICA Group. Regional players are Northwest Area Foundation, Bush Foundation and McKnight Foundation. Surdna Foundation is listed as a broad incumbent.
Does Nexus Community Partners have an API?
No public API is recorded for Nexus Community Partners.
What industry is Nexus Community Partners in?
Nexus Community Partners's product category is Community Development Nonprofit Services. Its primary akta.pro industry code is BPAGAKAB, Community Foundations, with a secondary code of BPAGAEAL, Community Centers & Neighborhood Support Services. Its NAICS code is 81341 and its SIC code is 8300.