2021-11-09T14:35:29-06:00 2020-12-31 810497523 JORDAHL & SLITER PLLC PO BOX 8600 KALISPELL MT 599041600 990 2020-01-01 474208106 V3 SPORTS INC V3SP 8338377678 701 PLYMOUTH AVE N NO 102 MINNEAPOLIS MN 55411 SHERMAN PATTERSON BOARD CHAIR 8338377678 2021-11-08 1 SHERMAN PATTERSON 999009999 DAVID J SCHULTZ P00052772 4067521040 2021-11-05 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z SHERMAN PATTERSON 701 PLYMOUTH AVE N NO 102 MINNEAPOLIS MN 55411 285290 0 X V3SPORTS.ORG X 2015 MN PROVIDING HEALTH, WELLNESS, EQUITY, AND OPPORTUNITY THROUGH FITNESS, WATER SAFETY, EDUCATION, AND ECONOMIC IMPACT. 8 8 0 0 -65116 0 42945 29292 0 0 5 2 -84193 -65116 -41243 -35822 0 0 0 0 0 0 10000 78325 83701 27371 67593 37371 145918 -78614 -181740 5742928 6126186 5998457 6563455 -255529 -437269 X PROVIDING HEALTH, WELLNESS, EQUITY, AND OPPORTUNITY THROUGH FITNESS, WATER SAFETY, EDUCATION, AND ECONOMIC IMPACT. 0 0 CURRENTLY, V3 IS NOT ABLE TO PROVIDE SWIMMING LESSONS OR SWIM CLINICS DUE TO THE DISRUPTIONS OF COVID-19 AND OUR FOCUS ON BUILDING THE CENTER. WHEN FULLY OPERATIONAL, THE FACILITY WILL SERVE THOUSANDS OF YOUTH AND THEIR FAMILIES PER YEAR AND PROVIDE OVER $5M OF ECONOMIC IMPACT IN NORTH MINNEAPOLIS. LIKE MANY ORGANIZATIONS ACROSS THE STATE AND COUNTRY, THE ACTIVITIES OF V3 SPORTS WERE SIGNIFICANTLY IMPACTED DUE TO COVID-19. SEVERAL EVENTS AND COMMUNITY OFFERINGS WERE CANCELLED AS A RESULT OF THE PANDEMIC. HOWEVER, OVER THE COURSE OF THE PAST YEAR, WE CONTINUED TO REACH OUT TO COMMUNITY MEMBERS, NONPROFIT ORGANIZATIONS, PHILANTHROPIC ORGANIZATIONS, LEGISLATIVE LEADERS AND EDUCATIONAL INSTITUTIONS TO ENGAGE THEM IN MEANINGFUL DIALOGUE AND SEEK FEEDBACK ABOUT THE FUTURE REDEVELOPMENT OF THE V3 CENTER. IN THE MEANWHILE, OUR NONPROFIT PARTNERS CONTINUED TO OFFER PROGRAMMING TO THE COMMUNITY ONSITE AT V3. YOUTH AND FAMILIES TO SUCCEED AND MAXIMUM IMPACT OFFERED A SAFE SPACE FOR STUDENTS TO "DISTANCE LEARN" WHILE THEIR PARENTS/CARETAKERS WORKED; THEY CONTINUED TO OFFER NUTRITION AND WELLNESS PROGRAMS FOR CHILDREN AND THEIR FAMILIES; AND THEY CONTINUED TRAINING STUDENT ATHLETES WHICH CONTRIBUTED TO THE STUDENTS' OVERALL SUCCESS AND RESILIENCY DURING THE PANDEMIC. OTHER NONPROFIT PARTNERS ONSITE AT V3 CONTINUED TO OFFER THEIR SERVICES FOR THE COMMUNITY AS WELL. 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 13 0 0 1 1 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 MN X STEVE FOLEY 6123824616 7550 CANYON CURVE CHANHASSEN MN 55317 X SHERMAN PATTERSON JR CHAIR 2.00 X X 0 0 0 DARRELL THOMPSON TREASURER 0.50 X X 0 0 0 ISAAC DE SOUZA DIRECTOR 1.00 X 0 0 0 NOAH HUISMAN DIRECTOR 0.50 X 0 0 0 EZRA HYLAND DIRECTOR 0.50 X 0 0 0 TAMERA IRWIN DIRECTOR 0.50 X 0 0 0 HENRY LAKE DIRECTOR 0.50 X 0 0 0 ANALYAH SCHLAEGER DOS SANTOS DIRECTOR 0.50 X 0 0 0 ERIKA BINGER PRESIDENT 20.00 X 0 0 0 0 0 0 0 0 0 0 0 29292 29292 2 2 255996 321112 -65116 -65116 -65116 -35822 0 -65116 2 2500 2500 13404 13404 78325 78325 952 952 100 100 241 241 3618 618 3000 937 937 2035 2035 43806 43806 145918 0 62217 83701 53690 84915 4983626 300689 4707393 4682937 981845 1358334 5742928 6126186 20284 11937 5954675 6530049 23498 21469 5998457 6563455 X 0 0 0 0 -255529 -437269 -255529 -437269 5742928 6126186 -181740 0 X 0 0 0 X 9225 42946 29292 81463 9225 42946 29292 81463 58464 22999 5 2 7 232 0 0 0 232 81702 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1202796 1202796 3780830 300689 3480141 4682937 CONSTRUCTION IN PROGRESS 1358334 1358334 SECURITY DEPOSIT 21469 21469 X X X X X 0 ERIKA BINGER FOUNDER FUND OPERATIONS X 5539469 6530049 0 1 1 6530049 FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS REVIEWS AND APPROVES FORM 990 DURING A REGULARLY SCHEDULED MEETING PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C MONITORING AND ENFORCING COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. OFFICERS ARE REQUIRED TO REVIEW ANNUALLY THE ORGANIZATION'S CONFLICT OF INTEREST POLICY AND DISCLOSE ANY CONFLICTS ARISING AT THAT TIME OR ANY SUBSEQUENT TIME. ALL CONFLICTS OF INTEREST ARE RESOLVED IN ACCORDANCE WITH THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST TO ERIKA BINGER, THE ORGANIZATION'S PRESIDENT, AT THE ORGANIZATION'S ADDRESS.