2022-10-12T16:35:24-05:00 2021-12-31 420714325 RSM US LLP 227 WEST FIRST STREET SUITE 700 DULUTH MN 55802 990 2021-01-01 274026636 MINNEAPOLIS SAINT PAUL REGIONAL ECONOMIC DEVELOPMENT PARTNERSHIP MINN 6512871365 400 ROBERT ST NORTH 1600 SAINT PAUL MN 55101 PETER FROSCH PRESIDENT AND CEO 6512871365 2022-10-05 1 PETER FROSCH 999009999 JULIE BOYER P01278549 2187275025 2022-10-05 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z GREATER MSP PETER FROSCH 400 ROBERT ST NORTH 1600 SAINT PAUL MN 55101 6502146 0 X WWW.GREATERMSP.ORG X 2010 MN THE MISSION OF THE GREATER MSP PARTNERSHIP IS TO ACCELERATE REGIONAL COMPETITIVENESS AND INCLUSIVE ECONOMIC GROWTH THROUGH JOB CREATION, CAPITAL INVESTMENT AND EXECUTION OF STRATEGIC INITIATIVES. THE PARTNERSHIP WORKS TO STRENGTHEN OUR REGION'S GLOBAL SECTORS, PRIORITIZE TALENT, AND TELL OUR STORY. 45 44 30 200 0 0 6102687 6501903 0 0 30554 243 84007 0 6217248 6502146 0 0 0 0 3253947 3868092 0 0 88355 2228836 2491742 5482783 6359834 734465 142312 5339896 5371081 1000864 889737 4339032 4481344 X THE MISSION OF THE GREATER MSP PARTNERSHIP IS TO ACCELERATE REGIONAL COMPETITIVENESS AND INCLUSIVE ECONOMIC GROWTH THROUGH JOB CREATION, CAPITAL INVESTMENT AND EXECUTION OF STRATEGIC INITIATIVES. THE PARTNERSHIP WORKS TO STRENGTHEN OUR REGION'S GLOBAL SECTORS, PRIORITIZE TALENT, AND TELL OUR STORY. 0 0 4999517 GREATER MSP WAS CREATED A DECADE AGO TO BE A SHARED SPACE WHERE LEADERS AND ORGANIZATIONS OF ALL TYPES COULD COME TOGETHER AND BUILD THE ECONOMY FOR THE BENEFIT OF THE RESIDENTS OF THIS REGION. WE ARE REALIZING THIS VISION AS A CROSS-SECTOR, WORKING PARTNERSHIP THAT TOUCHES EVERY CORNER OF THE 15-COUNTY MINNEAPOLIS-SAINT PAUL METRO. THIS PARTNERSHIP INVOLVES MORE THAN 4,500 INDIVIDUALS FROM OVER 350 LEADING COMPANIES, CITIES, COUNTIES, FOUNDATIONS, AND UNIVERSITIES, WORKING TOGETHER TO ACCELERATE GLOBAL COMPETITIVENESS AND INCLUSIVE ECONOMIC GROWTH IN MINNEAPOLIS-SAINT PAUL. OVER 120 OF THESE PARTICIPATING ORGANIZATIONS INVEST FINANCIALLY, WITH DOZENS MORE INVESTING THEIR TIME AND ALIGNING THEIR RESOURCES BEHIND EXECUTION OF THE REGIONAL STRATEGY. GREATER MSP IS A LARGE AND GROWING WORKING PARTNERSHIP OF COMMUNITY AND BUSINESS LEADERS AND ORGANIZATIONS FROM ACROSS THE REGION. TOGETHER, WE SHAPE AND EXECUTE A SHARED REGIONAL ECONOMIC DEVELOPMENT STRATEGY FOCUSED ON: JOB GROWTH, STARTUPS & INNOVATION, TALENT MIGRATION, RACIAL INCLUSION, SKILLS & WORKFORCE, REGIONAL IMAGE, AFFORDABILITY, TRANSPORTATION & MOBILITY, AND NEW CLIMATE ECONOMY. THIS STRATEGY SUPPORTS US AS WE EXECUTE ON OUR VISION FOR THE MINNEAPOLIS-SAINT PAUL REGION TO LEAD THE WORLD IN INCLUSIVE ECONOMIC GROWTH BY WELCOMING ALL, EMPOWERING TALENT, IGNITING INNOVATION. GREATER MSP HAS BECOME A LARGE AND DIVERSE ECOSYSTEM OF ORGANIZATIONS BUILDING INNOVATIVE SOLUTIONS, SETTING AUDACIOUS LONG-TERM AMBITIONS, AND BREAKING THROUGH LONGSTANDING BOUNDARIES BY HARNESSING THE POWER OF CROSS-SECTOR COLLABORATION. STAFF OF THE ORGANIZATION SUPPORT THE PARTNERSHIP IN EXECUTING THIS STRATEGY BY SUPPORTING PLATFORMS FOR BUSINESS INVESTMENT, MSP STORYTELLING, AND STRATEGIC INITIATIVES THAT ARE SUPPORTED BY A RESEARCH & INTELLIGENCE DEPARTMENT. THE GREATER MSP PARTNERSHIP HAS DEMONSTRATED THE CAPABILITY OF GENERATING SIGNIFICANT ECONOMIC OPPORTUNITY FOR PEOPLE IN THE REGION. GREATER MSP HAS BEEN BUILDING ON OUR ORIGINAL SCOPE TO ENSURE THAT EVERY MEMBER OF OUR COMMUNITY CAN ACCESS GOOD JOBS AND ECONOMIC OPPORTUNITY. THIS EMPHASIS ON INCLUSIVE GROWTH HAS POWERED AN EXPANSION IN GREATER MSP'S SCOPE, CAPACITY, AND BREADTH OF PARTICIPANTS. A DECADE OF DATA POINT TO TWO CHIEF CHALLENGES FOR THE REGION: ADVANCING RACIAL EQUITY AND ACCELERATING THE GROWTH OF QUALITY JOBS. GREATER MSP RECOGNIZES THESE CHALLENGES AS INTERDEPENDENT AND IS COMMITTED TO INVESTING IN EQUITY AS A GROWTH SOLUTION. THE VISION, MISSION, AND VALUES FOR THE GREATER MSP REGION AND PARTNERSHIP INCLUDE:REGIONAL VISIONTHE GREATER MSP REGION LEADS THE WORLD IN INCLUSIVE ECONOMIC GROWTH BY WELCOMING ALL, EMPOWERING TALENT & IGNITING INNOVATION.PARTNERSHIP MISSIONTHE GREATER MSP PARTNERSHIP WILL ACCELERATE REGIONAL COMPETITIVENESS AND INCLUSIVE ECONOMIC GROWTH THROUGH JOB CREATION, CAPITAL INVESTMENT & EXECUTION OF STRATEGIC INITIATIVES.PARTNERSHIP VALUESACCOUNTABILITY | ALIGNMENT | INCLUSION | INNOVATION | TRANSPARENCY GREATER MSP IS HOW LEADERS AND ORGANIZATIONS COME TOGETHER TO TAKE ACTION AND DRIVE OUR ECONOMY FORWARD. BY ALL MEASURES, 2021 WAS A YEAR OF PRODUCTIVITY, INNOVATION, AND SUCCESS. THANKS TO THE WORK OF OUR PARTNERSHIP NOT JUST OUR STAFF, BUT THE ENTIRE COALITION WE WERE ABLE TO ACCOMPLISH 100 PROJECTS IN 2021 ALONE! BELOW ARE JUST SOME HIGHLIGHTS ACROSS OUR EIGHT PLATFORMS.BUSINESS INVESTMENTBUSINESS INVESTMENT HELPS EXISTING EMPLOYERS EXPAND THEIR OPERATIONS WHILE ATTRACTING NEW COMPANIES TO LOCATE, INVEST AND CREATE JOBS IN THE GREATER MSP REGION. AS A RESULT OF OUR EFFORTS, AND WORKING IN CONCERT WITH OUR REGIONAL PARTNERS, WE SUCCESSFULLY COMPLETED 16 PROJECTS THAT RESULTED IN 1,398 JOBS. IN ADDITION, THE REGION BENEFITED FROM OVER $320 MILLION IN NEW CAPITAL INVESTMENT IN NEW/EXPANDED BUSINESS LOCATIONS.RESEARCH & INTELLIGENCEGREATER MSP IS THE REGIONAL SOURCE OF TRUSTED, UNBIASED DATA ON THE REGIONAL ECONOMY. DATA, ANALYTICS, AND INTELLIGENCE ARE INTEGRATED AND LEVERAGED TO DELIVER HIGH-VALUE INSIGHTS THAT DRIVE THE DEVELOPMENT OF REGIONAL STRATEGY, ENABLING THE PARTNERSHIP TO LEAD GLOBALLY IN AN INCREASINGLY COMPLEX ECONOMIC LANDSCAPE. OUR RESEARCH AND INTELLIGENCE PLATFORM CREATES THE ECONOMIC DATA AND INSIGHTS, LIKE THE MSP REGIONAL INDICATORS DASHBOARD, THAT WE USE TO FOCUS AND PRIORITIZE.2021 MARKED THE SEVENTH CONSECUTIVE YEAR THAT THE GREATER MSP PARTNERSHIP HAS TRACKED A SET OF SHARED METRICS MEASURING THE REGION'S CHANGE ON CRITICAL ECONOMIC, ENVIRONMENTAL, AND SOCIAL OUTCOMES. EACH YEAR, PRIVATE, PUBLIC, AND NONPROFIT LEADERS COME TOGETHER TO DETERMINE WHAT FACTORS SHOULD BE MEASURED TO ENSURE THE CONTINUED EMERGENCE OF THIS REGION AS A NATIONAL AND GLOBAL FORCE. WITH OUR COLLECTIVE APPROACH TO THE REGIONAL INDICATORS DASHBOARD, WE ARE ALL BETTER EQUIPPED TO STRENGTHEN OUR REGION'S ECONOMIC COMPETITIVENESS. MOVING FORWARD, WE ARE IDENTIFYING AREAS OF STRENGTH TO BUILD ON INCLUDING QUALITY OF LIFE, INNOVATION, AND AFFORDABILITY AND IDENTIFYING AREAS TO IMPROVE UPON, SUCH AS RACIAL INCLUSION.MSP STORYTELLINGOUR VISION FOR THE GREATER MSP REGION IS TO LEAD THE WORLD IN INCLUSIVE ECONOMIC GROWTH BY WELCOMING ALL, EMPOWERING TALENT AND IGNITING INNOVATION. AS OUR REGION'S RESIDENTS WORK TOGETHER TO BUILD THIS WORLD-CLASS ECONOMY AND QUALITY OF LIFE, AND SOLVE SOME OF THE GREATEST CHALLENGES OF THE 21ST CENTURY IN FOOD, WATER, AND HEALTH, WE ARE PROUD TO SHARE THEIR STORIES. IN 2021, GREATER MSP CONTINUED TO DEVELOP A VARIETY OF TOOLS AND VEHICLES TO BRAND AND MARKET THE GREATER MSP REGION.MAKE IT. MSPMAKE IT. MSP. BRINGS MANY OF THE REGION'S LARGEST EMPLOYERS TOGETHER TO WORK WITH COMMUNITY AND EDUCATIONAL PARTNERS TO ATTRACT AND RETAIN PROFESSIONALS TO THE REGION. WE'VE WORKED TOGETHER TO CREATE A WEALTH OF TALENT RESOURCES, WITH SPECIAL ATTENTION TO RETAINING PROFESSIONALS OF COLOR IN OUR REGION. IN 2021, MAKE IT. MSP: CONNECTED 1,700 PEOPLE ACROSS THE U.S. TO FOOD-, AGRICULTURE-, HEALTH-, AND MEDICAL-CAREER RESOURCES AT MAKEITMSP.ORG HOSTED A DIGITAL SUMMER INTERN EVENT, INVOLVING OVER 600 INTERNS ONBOARDED 75 NEW TEAMS AND USERS TO THE BE MSP WORKPLACE INCLUSION TOOLKIT PLATFORM ELEVATED THE PERSONAL STORIES OF 10 PROFESSIONALS OF COLOR THROUGH THE MSP IN COLOR SERIES FORGE NORTHLED BY A GROWING COALITION OF MORE THAN 150 ALLIES, FORGE NORTH IS A MOVEMENT TO ACCELERATE STARTUPS AND INNOVATION ACROSS THE REGION. IN 2021, FORGE NORTH: CONNECTED MORE THAN 1,100 CURRENT AND PROSPECTIVE ENTREPRENEURS TO RESOURCES VIA FORGE NORTH'S MSP STARTUP COMPASS TRAINED MORE THAN 500 PROSPECTIVE ANGEL INVESTORS WORKED WITH 31 MAJOR CORPORATIONS IN A REVIEW OF THEIR STARTUP PARTNERSHIP PRACTICESMBOLDMBOLD IS A COALITION OF BIG COMPANIES, START-UPS, UNIVERSITIES, AND NONPROFITS KEEPING US AT THE FOREFRONT OF INNOVATION IN FOOD AND AGRICULTURE. MBOLD LAUNCHED IN 2020, TO MAKE OUR REGION A GLOBAL HUB FOR SOLVING THE MOST CRITICAL FOOD & AGRICULTURE CHALLENGES OF THE 21ST CENTURY, INCLUDING CLIMATE CHANGE. IN 2021, MBOLD: LAUNCHED A CIRCULAR ECONOMY FOR INDUSTRIAL PLASTIC FILM. WHEN OPERATIONAL IN 2023, THIS INITIATIVE HAS THE POTENTIAL TO RECYCLE 90 MILLION POUNDS OF PLASTIC PER YEAR. SELECTED 5 HIGH-POTENTIAL COMPANIES TO PARTICIPATE IN THE BOLD GROWTH COHORT LED A PROJECT TO CONVERT 7,000 ACRES IN RED RIVER VALLEY TO REGENERATIVE AGRICULTURECONNEXTMSPCONNEXTMSP IS A NEW PLATFORM WORKING TO ENSURE THOUSANDS MORE YOUNG ADULTS OF COLOR FROM OUR REGION ARE HIRED INTO GREAT JOBS BY EMPLOYERS IN OUR REGION. CONNEXTMSP BECAME PART OF GREATER MSP IN 2020, AND PUBLICLY LAUNCHED IN 2021 WITH THE HELP OF MORE THAN 50 COALITION PARTNERS. IN 2021, CONNEXTMSP SAW 30% GROWTH IN PARTICIPATION ON ITS TALENT PLATFORM. REGIONAL AIR SERVICES PARTNERSHIP (RASP)THE MSP REGIONAL AIR SERVICES PARTNERSHIP (RASP) WAS LAUNCHED IN 2017 BY THE METROPOLITAN AIRPORTS COMMISSION (MAC) AND GREATER MSP. RASP DRAWS ON THE LEADERSHIP OF CORPORATE PARTNERS AND THE METROPOLITAN AIRPORTS COMMISSION TO EXPAND ACCESS TO DOMESTIC AND GLOBAL LOCATIONS FROM MSP INTERNATIONAL AIRPORT. OTHER NOTABLE 2021 ACCOMPLISHMENTSGREATER MSP LED A COALITION OF PARTNERS TO COMPETE IN THE US ECONOMIC DEVELOPMENT ADMINISTRATION'S HIGH-PROFILE BUILD BACK BETTER REGIONAL CHALLENGE. WE MOBILIZED A COALITION OF MORE THAN 60 ORGANIZATIONS TO CREATE ONE OF THE NATION'S MOST COMPETITIVE PROPOSALS. OUR BOLD VISION IS TO CREATE AMERICA'S MOST INCLUSIVE BIO-INNOVATION CLUSTER, AND THE FIRST ECONOMIC SECTOR IN MINNESOTA DESIGNED WITH EQUITY AS A PRIORITY. OUR REGION WAS ONE OF 60 FINALISTS SELECTED FROM A FIELD OF 529. OUR APPLICATION SEEKS OVER $57 MILLION IN FUNDING AND HAS THE POTENTIAL TO GENERATE UP TO 27,000 ADDITIONAL JOBS AND $30 BILLION IN NEW ECONOMIC OUTPUT OVER TEN YEARS. 4999517 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 55 0 1 30 1 0 0 0 0 0 0 0 0 0 0 0 0 X 45 44 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MN X SAMUEL MORANTZ 6512871365 400 ROBERT ST NORTH NO 1600 SAINT PAUL MN 55101 PETER FROSCH PRESIDENT & CEO 40.00 X X 417096 0 16001 TONYA ALLEN DIRECTOR 0.50 X 0 0 0 CHAIRMAN KEITH ANDERSON DIRECTOR 0.50 X 0 0 0 DOUG BAKER DIRECTOR 0.50 X 0 0 0 ANDY BESSETTE DIRECTOR 0.50 X 0 0 0 DOUG CARNIVAL OF COUNSEL 0.50 X 0 0 0 COMMISSIONER TONI CARTER DIRECTOR 0.50 X 0 0 0 BRETT CARTER DIRECTOR 0.50 X 0 0 0 MAYOR MELVIN CARTER DIRECTOR 0.50 X 0 0 0 BERT COLIANNI DIRECTOR 0.50 X 0 0 0 DAVID DINES DIRECTOR(UNTIL 9/30/2021) 0.50 X 0 0 0 BETH FORD DIRECTOR 0.50 X 0 0 0 MAYOR JACOB FREY DIRECTOR 0.50 X 0 0 0 JOAN GABEL DIRECTOR 0.50 X 0 0 0 COMMISSIONER KATHLEEN GAYLORD DIRECTOR 0.50 X 0 0 0 COMMISSIONER MARION GREENE DIRECTOR 0.50 X 0 0 0 STEVE HOCKETT DIRECTOR 0.50 X 0 0 0 DAN JOHNSON DIRECTOR 0.50 X 0 0 0 ERIC JOLLY DIRECTOR 0.50 X 0 0 0 MICHAEL JONES DIRECTOR 0.50 X 0 0 0 PHILIP KAUFMAN DIRECTOR 0.50 X 0 0 0 RICK KING DIRECTOR (UNTIL 3/31/2021) 0.50 X 0 0 0 AMY LANGER DIRECTOR 0.50 X 0 0 0 AUDREY LUCAS DIRECTOR 0.50 X 0 0 0 JAY LUND DIRECTOR 0.50 X 0 0 0 MIKE MAGUIRE DIRECTOR 0.50 X 0 0 0 MATT MARSH DIRECTOR 0.50 X 0 0 0 JOHN NAYLOR DIRECTOR 0.50 X 0 0 0 JON NUDI DIRECTOR 0.50 X 0 0 0 MICHAEL O'LEARY DIRECTOR 0.50 X 0 0 0 LAURA OBERST DIRECTOR 0.50 X 0 0 0 RT RYBAK DIRECTOR 0.50 X 0 0 0 DAVID SAGGAU DIRECTOR 0.50 X 0 0 0 DR CRAIG SAMITT DIRECTOR (UNTIL 5/3/2021) 0.50 X 0 0 0 COMMISSIONER SCOTT SCHULTE DIRECTOR 0.50 X 0 0 0 TODD SENGER DIRECTOR 0.50 X 0 0 0 CHRISTINE SOVEREIGN DIRECTOR 0.50 X 0 0 0 JOHN STAUCH DIRECTOR 0.50 X 0 0 0 JULIE SULLIVAN DIRECTOR 0.50 X 0 0 0 CAROL SURFACE DIRECTOR 0.50 X 0 0 0 COMMISSIONER JON ULRICH DIRECTOR 0.50 X 0 0 0 ANDREA WALSH DIRECTOR 0.50 X 0 0 0 LAYSHA WARD DIRECTOR 0.50 X 0 0 0 COMMISSIONER LISA WEIK DIRECTOR 0.50 X 0 0 0 BRADLEY WOOD DIRECTOR 0.50 X 0 0 0 TIMOTHY A WELSH CHAIRMAN 1.00 X X 0 0 0 RAVI NORMAN VICE CHAIR 0.50 X X 0 0 0 DENNIS DAHLEN TREASURER 0.50 X X 0 0 0 CYDNI RICE VICE PRESIDENT, OPERATIONS 40.00 X 228315 0 37804 JOEL AKASON SVP, BUSINESS INVESTMENT 40.00 X 268451 0 37347 MATTHEW LEWIS VICE PRESIDENT, STRATEGIC INITIATIVES 40.00 X 232663 0 12663 AMANDA TAYLOR VICE PRESIDENT, RESEARCH & INTELLIGENCE 40.00 X 176541 0 37209 PORTIA ROBERTERSON MIGAS VP, REGIONAL MARKETING & COMMUNICATI 40.00 X 164088 0 0 JENNIFER M LINDEMER DIRECTOR, ORGANIZATIONAL DEVELOPMENT 40.00 X 152235 0 36651 JOANNE BERKENKAMP MANAGING DIRECTOR, MBOLD 40.00 X 167907 0 6501 TIFFANY ORTH DIRECTOR OF OPERATIONS, STRATEGIC INITIATIVES 40.00 X 113786 0 11973 MEGAN A HABASHY COMMUNICATIONS DIRECTOR 40.00 X 110074 0 0 SAM B MORANTZ COMPTROLLER 40.00 X 120579 0 12113 2151735 0 208262 12 0 1 0 VENN DESIGN & MEDIA 829 LAUREL AVENUE ST PAUL MN 55104 CONSULTING/CONTRACTING FEES 111890 1 6501903 6501903 243 243 6502146 0 0 243 1383418 1089893 225576 67949 2066833 1534677 522461 9695 72150 50578 21520 52 145427 100183 43237 2007 200264 156653 39668 3943 21660 10740 10920 59141 59141 260963 105398 155565 1178409 1178409 22321 17264 4809 248 188591 106868 81723 147222 113870 31717 1635 31240 22427 8813 37920 29269 8651 583 451 126 6 80573 62320 17358 895 3337 3337 DUES AND SUBSCRIPTIONS 156987 156987 SPONSORSHIPS 77884 77884 PROFESSIONAL DEVELOPMEN 500 500 224411 185146 37340 1925 6359834 4999517 1271962 88355 1882616 2055589 2531658 2531901 589865 529499 401 688 127108 70791 1356430 1181942 196523 174488 11725 8125 5339896 5371081 607749 631113 247100 162100 146015 96524 1000864 889737 X 3370816 3199923 968216 1281421 4339032 4481344 5339896 5371081 142312 0 X 0 1 X 1 0 X 5658378 5821001 6034977 6102687 6501903 30118946 5658378 5821001 6034977 6102687 6501903 30118946 3385938 26733008 3143 21393 98572 51561 243 174912 356834 84100 150256 63000 654190 30948048 0.86380 0.87340 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 608465 497739 110726 747965 684203 63762 174488 CAPITAL LEASE OBLIGATION 6945 DEFERRED RENT 89579 96524 X 6517295 15149 15149 6502146 0 6502146 6374983 15149 15149 6359834 0 6359834 PART X, LINE 2: GREATER MSP'S ACCOUNTING POLICY PROVIDES THAT A TAX BENEFIT FROM AN UNCERTAIN TAX POSITION MAY BE RECOGNIZED WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING RESOLUTIONS OF ANY RELATED APPEALS OR LITIGATION PROCESSES, BASED ON THE TECHNICAL MERITS. GREATER MSP HAS NO UNCERTAIN TAX POSITIONS RESULTING IN AN ACCRUAL OF TAX EXPENSE OR BENEFIT. GENERALLY, GREATER MSP IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE AND LOCAL TAX AUTHORITIES FOR THE YEARS BEFORE 2019. NORTH AMERICA 0 1 PROGRAM SERVICES LEAD GENERATION & MKT 20000 0 1 0 0 0 1 20000 0 20000 0 0 0 0 0 0 PART III ACCOUNTING METHOD: X X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 PETER FROSCH PRESIDENT & CEO 336950 0 79750 0 396 0 14500 0 1816 0 433412 0 0 0 JOEL AKASON SVP, BUSINESS INVESTMENT 190255 0 77800 0 396 0 10996 0 26351 0 305798 0 0 0 CYDNI RICE VICE PRESIDENT, OPERATIONS 189919 0 38000 0 396 0 11663 0 26943 0 266921 0 0 0 MATTHEW LEWIS VICE PRESIDENT, STRATEGIC INITIATIVE 194267 0 38000 0 396 0 11663 0 1000 0 245326 0 0 0 AMANDA TAYLOR VICE PRESIDENT, RESEARCH & INTELLIGE 153841 0 22700 0 0 0 9444 0 32507 0 218492 0 0 0 JENNIFER M LINDEMER DIRECTOR, ORGANIZATIONAL DEVELOPMENT 139860 0 12375 0 0 0 7982 0 28972 0 189189 0 0 0 JOANNE BERKENKAMP MANAGING DIRECTOR, MBOLD 153932 0 13975 0 0 0 4854 0 1647 0 174408 0 0 0 PORTIA ROBERTERSON MIGAS VP, REGIONAL MARKETING & COMMUNICATI 158824 0 5000 0 264 0 0 0 0 0 164088 0 0 0 PART I, LINE 1A GREATER MSP PAID FOR THE ANNUAL DUES OF THE CEO AND THE ORGANIZATION VICE PRESIDENTS TO THE MINNEAPOLIS CLUB (A BUSINESS CLUB). THIS BUSINESS CLUB HAS BEEN IDENTIFIED BY THE BOARD AS HAVING MEMBERS YIELDING TREMENDOUS LOCAL, NATIONAL AND GLOBAL IMPACT. THE PRIMARY PURPOSE OF THIS BUSINESS CLUB MEMBERSHIP IS TO CONDUCT BOARD AND COMMITTEE MEETING AND OTHER BUSINESS MEETINGS TO ADVANCE THE AGENDA OF GREATER MSP. ALL EXPENSES ARE SUBSTANTIATED AND EMPLOYEES REIMBURSE GREATER MSP FOR ALL NON-BUSINESS RELATED EXPENSES. THE CEO'S 2021 COMPENSATION INCLUDED A GROSS UP FOR THE ANNUAL PREMIUM FOR SUPPLEMENTAL LONG TERM DISABILITY AND SUPPLEMENTAL LIFE INSURANCE PER THE CEO'S EMPLOYMENT CONTRACT. THE ORGANIZATION'S VICE PRESIDENTS' 2021 COMPENSATION INCLUDED A GROSS UP FOR THE ANNUAL PREMIUM FOR SUPPLEMENTAL LIFE INSURANCE. FORM 990, PART VI, SECTION A, LINE 2 COMMISSIONER TONI CARTER, DIRECTOR AND MAYOR MELVIN CARTER, DIRECTOR - FAMILY RELATIONSHIP DOUG BAKER, DIRECTOR AND RAVI NORMAN, VICE CHAIR - BUSINESS RELATIONSHIP FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT PREPARES THE FORM 990 WITH THE ASSISTANCE OF ITS INDEPENDENT ACCOUNTING FIRM. THE FINANCE AND AUDIT COMMITTEE OF THE BOARD REVIEWS AND APPROVES THE FORM 990. THE FORM 990 IS DISTRIBUTED TO THE BOARD OF DIRECTORS FOR THE THEIR REVIEW AND COMMENTS PRIOR TO ITS SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C PER THE ORGANIZATION'S CONFLICT OF INTEREST POLICY, EACH BOARD MEMBER COMPLETES A CONFLICT OF INTEREST STATEMENT ON AN ANNUAL BASIS. ANNUAL STATEMENTS ARE REVIEWED BY MANAGEMENT AND OUR INDEPENDENT AUDITORS. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE CEO IS REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD AND THE BOARD OF DIRECTORS. THE COMMITTEE USES EXTERNAL MARKET SURVEY DATA AND COMPARISON INFORMATION TO DETERMINE COMPENSATION FOR THE CEO. GREATER MSP USES EXTERNAL SURVEY DATA AND COMPENSATION INFORMATION TO DETERMINE COMPENSATION FOR ALL OTHER EMPLOYEES OF THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 IN 2021 GREATER MSP MADE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.