2022-11-10T11:08:53-06:00 2021-12-31 411534805 CARPENTER EVERT & ASSOCIATES LTD 7760 FRANCE AVE S SUITE 940 BLOOMINGTON MN 55435 990 2021-01-01 814740695 HOURCAR HOUR 6123432277 755 PRIOR AVENUE NORTH 301D SAINT PAUL MN 55104 KEVIN LAWLESS PRESIDENT 6123432277 2022-11-10 1 KEVIN LAWLESS 999009999 NEAL EVERT P00046853 9528310085 2022-11-10 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z PAUL SCHROEDER 755 PRIOR AVENUE NORTH 301D SAINT PAUL MN 55104 1812523 0 X HTTPS://HOURCAR.ORG X 2016 MN HOURCAR'S MISSION IS TO PROVIDE AFFORDABLE, ACCESSIBLE, AND SUSTAINABLE SHARED MOBILITY CHOICES. 6 6 16 50 0 0 493298 1247117 535669 548918 0 0 6382 16488 1035349 1812523 0 0 0 0 580730 877326 0 0 93125 585288 971996 1166018 1849322 -130669 -36799 477075 749324 326965 636013 150110 113311 X HOURCAR IS A LOCAL SHARED-MOBILITY NONPROFIT ORGANIZATION. WE CONNECT PEOPLE TO THEIR COMMUNITIES WITH CONVENIENT, EQUITABLE, AND SUSTAINABLE MULTIMODAL TRANSPORTATION. 0 0 1523116 548918 IN 2021, HOURCAR OPERATED A FLEET OF APPROXIMATELY 45 VEHICLES. ACCORDING TO RESEARCH BY THE TRANSPORTATION SUSTAINABILITY RESEARCH COUNCIL IN BERKELEY, CALIFORNIA, EVERY CARSHARING VEHICLE PLACED IN SERVICE TAKES AN AVERAGE 9-13 PRIVATELY OWNED VEHICLES OFF THE ROAD. IN ADDITION, CARSHARING VEHICLES ARE ON AVERAGE 10 MPG MORE FUEL EFFICIENT THAN PERSONALLY OWNED VEHICLES. OPERATION OF THE FLEET HAS RESULTED IN SIGNIFICANT REDUCTION OF TAILPIPE EMISSIONS, REDUCED CONGESTION, AND ENHANCED QUALITY OF LIFE FOR RESIDENTS OF THE TWIN CITIES. IN 2021, HOURCAR LAUNCHED A NEW QUALIFIED LOW-INCOME RATE PROGRAM, ACCESS PLUS. HOUSEHOLDS EARNING LESS THAN 50 OF AREA MEDIAN INCOME ARE ELIGIBLE FOR THIS PROGRAM, WHICH OFFERS WAIVED REGISTRATION FEES, OUR LOWEST RATES, A COMPLEMENTARY DAMAGE FEE WAIVER, AND $6 IN MONTHLY DRIVING CREDIT, ALL FOR $1 A MONTH. THIS NEW RATE STRUCTURE IS DESIGNED TO MAKE CARSHARING MORE ACCESSIBLE AND IMPROVE TRANSPORTATION OPTIONS FOR LOW-INCOME COMMUNITIES. IN PARTNERSHIP WITH THE CITIES OF SAINT PAUL AND MINNEAPOLIS AND XCEL ENERGY, HOURCAR PILOTED A NEW ALL-ELECTRIC CARSHARING SERVICE LINE WITH A FOCUS ON SERVICE TO LOW-INCOME AND DIVERSE NEIGHBORHOODS. WE LAUNCHED THE PILOT, FEATURING 101 CHEVY BOLTS, IN AUGUST, BUT HAD TO SHUT IT DOWN IN SEPTEMBER DUE TO THE CHEVY. WE PLAN TO RELAUNCH IN EARLY 2022. THIS PROJECT WILL INCREASE OUR IMPACT IN TERMS OF EMISSIONS REDUCTIONS AND PROVIDING FLEXIBLE AND AFFORDABLE TRANSPORTATION OPTIONS FOR PEOPLE WHO CANNOT AFFORD TO OWN A CAR OR WHO CHOOSE NOT TO OWN ONE. 1523116 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 16 1 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MN X PAUL SCHROEDER 6123432277 755 PRIOR AVENUE N SUITE 301D SAINT PAUL MN 55104 KEVIN LAWLESS PRESIDENT 2.00 X X 0 0 0 ALEXANDER POTTER TREASURER 2.00 X X 0 0 0 SAIF BENJAFAAR DIRECTOR 2.00 X 0 0 0 ANJALI BAINS DIRECTOR 2.00 X 0 0 0 WILL SCHROEER SECRETARY 2.00 X X 0 0 0 SUSAN JEPSON DIRECTOR 2.00 X 0 0 0 PAUL SCHROEDER CEO 40.00 X 94223 0 2648 94223 0 2648 0 0 0 0 0 136468 1110649 1247117 PROGRAM SERVICE FEES 548918 548918 548918 OTHER INCOME 16488 16488 16488 1812523 565406 0 0 96871 69747 19374 7750 653715 470675 130743 52297 70160 50514 14033 5613 56580 40738 11316 4526 18316 18316 54833 54833 78861 36298 30403 12160 33395 24045 6679 2671 62905 45292 12581 5032 98989 98725 264 17991 12954 3598 1439 FLEET COSTS 586258 586258 MISCELLANEOUS 20448 14721 4090 1637 1849322 1523116 233081 93125 71306 347027 100385 29296 9174 5523 16742 70378 663701 376601 269468 287100 10000 10000 477075 749324 68468 136013 258497 500000 326965 636013 X 150110 -136689 250000 150110 113311 477075 749324 -36799 0 X 0 1 X 1 0 X 6895 402000 493298 1247117 2149310 372475 606159 535669 548918 2063221 379370 1008159 1028967 1796035 4212531 0 0 0 4212531 522 522 522 522 1920 19019 6382 16488 43809 381812 1027178 1035349 1812523 4256862 0.98960 0.98860 0.00010 0.00020 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 663701 376601 287100 287100 X 1812523 0 1812523 0 1812523 1849322 0 1849322 0 1849322 PART X, LINE 2: THE ORGANIZATION HAS A TAX-EXEMPT STATUS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND HAS ADOPTED ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, ASC 740-10. THE ORGANIZATIONS POLICY IS TO EVALUATE UNCERTAIN TAX POSITIONS, AT LEAST ANNUALLY, FOR THE POTENTIAL FOR INCOME TAX EXPOSURE FROM UNRELATED BUSINESS INCOME OR FROM LOSS OF NONPROFIT STATUS. THE ORGANIZATION CONTINUES TO OPERATE CONSISTENT WITH ITS ORIGINAL EXEMPTION APPLICATION AND EACH YEAR TAKES THE NECESSARY ACTIONS TO MAINTAIN ITS EXEMPT STATUS. IT HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER THE INTERNAL REVENUE CODE AND CHARITABLE CONTRIBUTIONS BY DONORS ARE TAX DEDUCTIBLE. IN COMPLIANCE WITH ITS EXEMPT STATUS, THE ORGANIZATION ANNUALLY FILES A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990). THE RETURNS FOR THE YEARS ENDING DECEMBER 31, 2014 AND LATER REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 11B LINE 11B EXPLANATION - 990 WILL BE FORWARDED TO BOARD MEMBERS ELECTRONICALLY FOR THEIR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR ALL AMPLOYEES AND BOARD MEMBERS ARE GIVEN A COPY OF THE ORGANIZATION'S CONFLICT OF INTEREST POLICY AND ARE REQUIRED TO FILL OUT A CONFLICT OF INTEREST DISCLOSURE FORM. FORM 990, PART VI, SECTION B, LINE 15A HOURCAR'S CEO WAS HIRED IN 2017. THE BOARD OF DIRECTORS ENGAGED A CONSULTANT TO CONDUCT A NATIONAL SEARCH AND EXAMINE SALARY COMPARABLES. DECISIONS WERE CONTEMPORANEOUSLY RECORDED, AND THE SELECTION OF THE CEO AND HIS REMUNERATION WERE APPROVED BY THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS ARE AVAILABLE FOR REVIEW UPON REQUEST AT THE HOURCAR MAIN OFFICE AT THE ADDRESS LISTED ON PAGE 1.