2020-11-05T10:13:25-06:00 2019-12-31 420714325 RSM US LLP 801 NICOLLET MALL WEST TOWER STE 1100 MINNEAPOLIS MN 554022526 990 2019-01-01 274026636 MINNEAPOLIS SAINT PAUL REGIONAL ECONOMIC DEVELOPMENT PARTNERSHIP MINN 6512871365 400 ROBERT ST NORTH NO 1600 SAINT PAUL MN 55101 PETER FROSCH CEO 6512871365 2020-11-02 1 KACIE MCEWEN P01599614 6123324300 2020-11-02 174.219.8.197 2020-11-02 15:56:33 CS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 03529DF6567CFB0D20C3C8C4F0F8DA9C5BDC3671 2019 2021-01-29 14:40:06Z GREATER MSP PETER FROSCH 400 ROBERT ST NORTH NO 1600 SAINT PAUL MN 55101 6283804 0 X WWW.GREATERMSP.ORG X 2010 MN GREATER MSP IS A PRIVATE-PUBLIC PARTNERSHIP WHOSE MISSION IS TO ACCELERATE REGIONAL COMPETITIVENESS AND INCLUSIVE ECONOMIC GROWTH. 55 52 29 200 0 0 5821001 6034977 0 0 7382 39542 98111 209285 5926494 6283804 0 0 0 0 3070525 3080056 35319 0 409529 2819235 2455896 5925079 5535952 1415 747852 3917892 4315393 1061177 710826 2856715 3604567 X GREATER MSP IS A PRIVATE-PUBLIC PARTNERSHIP WHOSE MISSION IS TO ACCELERATE REGIONAL COMPETITIVENESS AND INCLUSIVE ECONOMIC GROWTH THROUGH JOB CREATION, CAPITAL INVESTMENT & EXECUTION OF STRATEGIC INITIATIVES. 0 0 4100298 IN 2010, LEADERS IN THE GREATER MSP REGION CAME TOGETHER THROUGH THE ITASCA PROJECT TO BUILD A NEW COLLABORATION OF PRIVATE AND PUBLIC SECTOR LEADERS THAT WOULD REALIZE THE POTENTIAL OF OUR REGION'S ECONOMY AND ENHANCE OUR GLOBAL COMPETITIVENESS. TODAY, THIS VISION FOR THE GREATER MSP PARTNERSHIP IS BEING REALIZED. IN 2019, MORE THAN 4,500 INDIVIDUALS AND OVER 300 ORGANIZATIONS WERE ACTIVELY INVOLVED IN A DEAL, MARKETING EFFORT, OR STRATEGIC INITIATIVE SUCH AS THE REGIONAL AIR SERVICES PARTNERSHIP OR MAKE IT. MSP. COLLABORATION ON THIS SCALE IS PRODUCING SIGNIFICANT RESULTS IN JOB CREATION, REGIONAL BRANDING, TALENT AND OTHER AREAS. GREATER MSP'S WORK IS NOW COMMONLY CITED, BENCHMARKED AND EMULATED BY OTHER CITIES AND REGIONS. GREATER MSP IS A PRIVATE-PUBLIC PARTNERSHIP. ALL WORK IS SUCCESSFULLY COMPLETED IN PARTNERSHIP WITH MANY ORGANIZATIONS THROUGHOUT THE REGION. THE ORGANIZATION IS FUNDED THROUGH THE INVESTMENT OF PRIVATE SECTOR COMPANIES, PUBLIC SECTOR ENTITIES, AND NONPROFIT FOUNDATIONS.THE GREATER MSP PARTNERSHIP IS FULFILLING ON THE REGION'S VISION FOR A TRUE REGIONAL PARTNERSHIP, LED BY MANY INNOVATING THEIR WAY TO A NEW, MORE INCLUSIVE AND EFFECTIVE PRACTICE OF ECONOMIC DEVELOPMENT. THE GREATER MSP PARTNERSHIP EXISTS TO CREATE ECONOMIC OPPORTUNITY FOR ALL RESIDENTS OF THE REGION, IN EVERY PART OF THE GREATER MSP REGION, AND IN EVERY SECTOR.THIS PARTNERSHIP OF PARTNERSHIPS STARTS BY FOLLOWING GOOD, CONSISTENT DATA THAT ALIGNS ORGANIZATIONS AND INFORMS SHARED PRIORITY SETTING. PARTNERS THEN WORK TOGETHER TO TAKE ACTION AND DELIVER GROUNDBREAKING RESULTS, WHETHER THAT IS CREATING OPPORTUNITY FOR RESIDENTS THROUGH BUSINESS INVESTMENT PROJECTS THAT ADD NEW JOBS TO THE REGION, OR THROUGH THE EXECUTION OF STRATEGIC INITIATIVES TO IMPROVE OUTCOMES IN WORKFORCE, URBAN ECONOMIC DEVELOPMENT, AND MUCH MORE.THE REGION'S ECONOMIC DEVELOPMENT STRATEGY HAS NINE PRIORITIES AND AMBITIONS, INCLUDING: JOB GROWTH, STARTUPS & INNOVATION, TALENT MIGRATION, RACIAL INCLUSION, SKILLS & WORKFORCE, REGIONAL BRAND, AFFORDABILITY, TRANSPORTATION & MOBILITY, AND NEW CLIMATE ECONOMY. STAFF OF THE ORGANIZATION SUPPORT THE PARTNERSHIP IN EXECUTING THIS STRATEGY BY SUPPORTING PLATFORMS FOR BUSINESS INVESTMENT, MARKETING, AND STRATEGIC INITIATIVES THAT ARE SUPPORTED BY A RESEARCH & INTELLIGENCE DEPARTMENT. THROUGH THE GREATER MSP PARTNERSHIP, MORE THAN 4500 INDIVIDUALS FROM MORE THAN 300 LEADING BUSINESSES, UNIVERSITIES, CITIES, COUNTIES, AND PHILANTHROPIC ORGANIZATIONS WORK TOGETHER TO ACCELERATE THE COMPETITIVENESS AND INCLUSIVE GROWTH OF OUR 15-COUNTY REGIONAL ECONOMY.THE PARTNERSHIP SETS ANNUAL GOALS AGAINST THIS OVERALL STRATEGY, INCLUDING JOBS AND CAPITAL INVESTMENT TOTALS FOR BUSINESS INVESTMENT PROJECTS AND INITIATIVE GOALS FOR COALITION-BASED EFFORTS LIKE MAKE IT. MSP. THE VISION, MISSION, AND VALUES FOR THE GREATER MSP REGION AND PARTNERSHIP INCLUDE:REGIONAL VISION:THE GREATER MSP REGION LEADS THE WORLD IN INCLUSIVE ECONOMIC GROWTH BY WELCOMING ALL, EMPOWERING TALENT & IGNITING INNOVATION.PARTNERSHIP MISSION:THE GREATER MSP PARTNERSHIP WILL ACCELERATE REGIONAL COMPETITIVENESS AND INCLUSIVE ECONOMIC GROWTH THROUGH JOB CREATION, CAPITAL INVESTMENT & EXECUTION OF STRATEGIC INITIATIVES.PARTNERSHIP VALUES:ACCOUNTABILITY | ALIGNMENT | INCLUSION | INNOVATION | TRANSPARENCYBUSINESS INVESTMENT OUTREACH AND RESEARCHAS A RESULT OF OUR EFFORTS, AND WORKING IN CONCERT WITH OUR REGIONAL PARTNERS, WE SUCCESSFULLY COMPLETED 14 PROJECTS. THESE PROJECTS RESULTED IN 619 TOTAL DIRECT JOBS AND MANY MORE INDIRECT JOBS. IN ADDITION, THE REGION BENEFITED FROM OVER $101 MILLION IN NEW CAPITAL INVESTMENT. GREATER MSP RESEARCH TEAM PROVIDES CRITICAL, TIME-SENSITIVE RESEARCH SERVICES TO SUPPORT BUSINESS INVESTMENT, MARKETING, AND STRATEGY DEVELOPMENT FOR THE REGION. GREATER MSP ESTABLISHED A NEW 5-YEAR TREND ANALYSIS, SETTING THE STAGE FOR OUR NEW GOAL SETTING EFFORTS. MARKETING AND COMMUNICATIONSGREATER MSP CONTINUED TO DEVELOP A VARIETY OF TOOLS AND VEHICLES TO BRAND AND MARKET THE GREATER MSP REGION, INCLUDING PRINTED COLLATERAL, PROMOTIONAL VIDEO, AND DIGITAL ADVERTISING FOR THE GREATER MSP REGION THROUGH ONLINE BANNERS AND SEARCH ENGINE MARKETING. WE TOLD THE REGION'S STORY TO 2 MILLION PEOPLE ACROSS THE COUNTRY THROUGH DIGITAL CAMPAIGNS. REGIONAL ECONOMIC INDICATORS DASHBOARD - THE GREATER MSP REGION'S COMPETITIVENESS INDICATORS2019 MARKED THE FIFTH 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.STRATEGIC INITIATIVESIN ORDER TO ENSURE THAT THE REGION'S ECONOMIC DEVELOPMENT STRATEGY IS SUCCESSFUL, THE PARTNERSHIP IS TAKING ON UNIQUE INITIATIVES DRIVEN BY ENGAGED PARTNERS AND STAKEHOLDERS. HUNDREDS OF COLLABORATORS ARE UNITING TO WORK DIFFERENTLY, THINK OUTSIDE THE BOX, AND JOIN FORCES ON INITIATIVES AIMED AT ENSURING WE WIN IN THE ECONOMY OF BOTH TODAY AND TOMORROW. - MAKE IT. MSP.ALIGNMENT - WORKING AS ONE TEAM AND PURSUING CLEAR GOALS THAT SUPPORT A SHARED VISION - IS A CORE VALUE OF THE GREATER MSP PARTNERSHIP, AND A SIGNIFICANT FACTOR IN OUR SHARED SUCCESS IN ATTRACTING AND RETAINING TALENT. MAKE IT. MSP. IS A MOVEMENT OF INDIVIDUALS AND ORGANIZATIONS, COMING TOGETHER TO CREATE OPPORTUNITIES TO WELCOME NEWCOMERS TO THE REGION, ENGAGE COLLEGE STUDENTS, CONNECT PROFESSIONALS OF COLOR, ATTRACT TECHNOLOGY TALENT, AND MORE. MORE THAN 300 PARTNERS EXECUTED MAKE IT. MSP. PROJECTS IN 2019, INCLUDING DEVELOPING FOUR REPORTS OF ORIGINAL RESEARCH, PROVIDING LEADERS AND EMPLOYERS WITH VALUABLE INSIGHTS. - RASPTHE MSP REGIONAL AIR SERVICES PARTNERSHIP (RASP) WAS LAUNCHED IN 2017 BY THE METROPOLITAN AIRPORTS COMMISSION (MAC) AND GREATER MSP. THE GOAL OF THIS COLLABORATIVE PARTNERSHIP IS TO BETTER CONNECT THE MSP ECONOMY TO THE COUNTRY AND THE WORLD, ELEVATING ONE OF THE MOST IMPORTANT ECONOMIC ASSETS IN OUR REGION FROM GREAT TO GREATER. RASP HELPS TO ENSURE THE MSP AIRPORT CONTINUES TO SET THE STANDARD FOR EFFICIENCY, OPERATIONS, AND CUSTOMER EXPERIENCE. BY IDENTIFYING THE AIR SERVICE NEEDS OF THE BUSINESSES IN OUR REGION AND SUPPORTING THE MAC'S EFFORTS TO ENGAGE THE AIRLINES, RASP SECURED THREE NEW DIRECT INTERNATIONAL FLIGHTS FROM MINNEAPOLIS-SAINT PAUL: DELTA SERVICE TO SEOUL, SOUTH KOREA, A RAPIDLY GROWING GLOBAL BUSINESS MARKET AND GATEWAY TO OTHER ASIAN CITIES; DELTA SERVICE TO MEXICO CITY, A POPULAR DESTINATION IN LATIN AMERICA; AND AER LINGUS SERVICE TO DUBLIN, IRELAND, A CRITICAL FINANCIAL SERVICES HUB AND IMPORTANT BRIDGE TO EUROPEAN MARKETS. - CONNEXTMSPTOP COLLEGE AND CAREER READINESS PROGRAMS ACROSS MINNEAPOLIS-SAINT PAUL, LIKE STEP-UP AND RIGHT TRACK, EQUIP STUDENTS WITH MEANINGFUL EXPERIENCES IN THE WORKPLACE. TENS OF THOUSANDS OF YOUNG ADULTS, LARGELY PEOPLE OF COLOR FROM LOW-INCOME BACKGROUNDS, HAVE SUCCESSFULLY PARTICIPATED IN THESE PROGRAMS. HOWEVER, EMPLOYERS AND PROGRAM LEADERS DO NOT STAY CONNECTED WITH FORMER STUDENTS AFTER THEIR EXTENSIVE EXPERIENCES PREPARING FOR COLLEGE AND CAREERS. CONNEXTMSP IS DESIGNED TO STRENGTHEN NETWORKS AND CREATE MEANINGFUL LONG-TERM CAREER OPPORTUNITIES FOR THESE YOUNG ADULTS. THROUGH AN ONLINE NETWORK, USER-FRIENDLY ALUMNI PLATFORM, AND SPECIAL EMPLOYER ENGAGEMENT OPPORTUNITIES, PARTNERS ARE WORKING TOGETHER TO SUPPORT LOCAL TALENT PIPELINES AND BUILD A MORE DIVERSE AND INCLUSIVE WORKFORCE. THIS AMBITIOUS, INNOVATIVE EFFORT IS CREATING AN INCLUSIVE AND SUSTAINABLE PIPELINE OF TALENT FOR OUR REGION'S EMPLOYERS. - FORGE NORTHMINNEAPOLIS-SAINT PAUL IS ALREADY THE STARTUP CAPITAL OF THE NORTH, A DESTINATION FOR PROBLEM SOLVERS AND ONE OF THE COUNTRY'S FASTEST GROWING ENTREPRENEURIAL COMMUNITIES. BUT TO MAKE THIS THE BEST PLACE IN THE WORLD TO START VENTURES, SOLVE PROBLEMS, AND SCALE IMPACT, A COALITION OF PARTNERS IS WORKING TOGETHER THROUGH FORGE NORTH TO INCLUSIVELY CONNECT AND PROUDLY CELEBRATE THE INDIVIDUALS AND ORGANIZATIONS GROWING VENTURES IN MSP AND ACROSS MINNESOTA. THIS MOVEMENT OF ENTREPRENEURS, INVESTORS, COLLABORATORS, AND ALLIES IS BUILDING A FRONT DOOR TO OUR INNOVATION ECOSYSTEM PROMOTING THE STARTUP COMMUNITY TO AUDIENCES ACROSS THE GLOBE; CONVENING TOP INVESTORS, FOUNDERS, CORPORATE INNOVATORS, AND SUPPORT ORGANIZATIONS, AND BUILDING NEW TOOLS TO JOINTLY MEASURE PROGRESS AND DREAM BIGGER. (CONTINUED) FORGE NORTH (CONTINUED)FORGE NORTH LAUNCHED AS A NEW STRATEGIC INITIATIVE OF THE GREATER MSP PARTNERSHIP IN 2019. ONE IMPORTANT PROJECT OUT OF FORGE NORTH IN 2019 INCLUDED THE RESOURCE COMPASS, WHICH INCLUDES MORE THAN 500 RESOURCES FOR ENTREPRENEURS AND STARTUPS LEADERS TO ACCESS TO HELP START, SCALE AND SUSTAIN THEIR VENTURES. - MBOLDMBOLD PARTNERS ARE LEADING THE WAY TO THE FUTURE OF FOOD FROM RIGHT HERE IN MINNESOTA BY CHAMPIONING THE FUTURE OF FARMING, ACCELERATING ENTREPRENEURSHIP, ATTRACTING AND RETAINING TALENT, AND SCALING RESEARCH AND COMMERCIALIZATION. BY CONNECTING BUSINESS LEADERS TO ONE ANOTHER AND TO OTHER FOOD AND AGRICULTURE ENTITIES IN THE REGION, MBOLD IS DESIGNED TO ACCELERATE SOLUTIONS TO GLOBAL FOOD ISSUES - ULTIMATELY BUILDING THIS REGION'S WORLDWIDE REPUTATION AS THE CENTER OF GLOBAL FOOD AND AGRICULTURE LEADERSHIP. MBOLD WILL PUBLICLY LAUNCH IN OCTOBER OF 2020. 4100298 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 1 0 0 0 0 0 0 0 0 0 1 38 0 1 29 1 0 0 0 0 0 0 0 0 0 0 0 0 X 55 52 0 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 FRANK LANGLEY CEO (UNTIL 5/31/19) 40.00 X X 603495 0 22517 PETER FROSCH CEO 40.00 X X 323184 0 22659 JOEL AKASON SVP, BUS. INVESTMENT & RES 40.00 X 212401 0 34092 WENDY BLACKSHAW VP OF MKTING & COMM (UNTIL 10/31/19) 40.00 X 170783 0 33435 AMANDA TAYLOR RESEARCH DIRECTOR 40.00 X 127421 0 28230 MATTHEW LEWIS VICE PRESIDENT 40.00 X 144952 0 8377 JUDY JOHNSON DIRECTOR INV. RELATION (UNTIL 9/15/19) 40.00 X 127317 0 17827 TIMOTHY A WELSH CHAIRMAN 1.00 X X 0 0 0 RAVI NORMAN VICE CHAIR 0.50 X X 0 0 0 RICK KING VICE CHAIR 0.50 X X 0 0 0 VIRGINIA HUBBARD MORRIS VICE CHAIR 0.50 X X 0 0 0 DENNIS DAHLEN TREASURER 0.50 X X 0 0 0 KATE WOLFORD SECRETARY 0.50 X X 0 0 0 MIKE MCGUIRE DIRECTOR 0.50 X 0 0 0 PAT WALSH DIRECTOR 0.50 X 0 0 0 PHILIP KAUFMAN DIRECTOR 0.50 X 0 0 0 RT RYBAK DIRECTOR 0.50 X 0 0 0 STEVE HOCKETT DIRECTOR 0.50 X 0 0 0 TIM MCGOUGH DIRECTOR 0.50 X 0 0 0 MAYOR MELVIN CARTER DIRECTOR 0.50 X 0 0 0 TINA HOYE DIRECTOR (UNTIL 12/31/19) 0.50 X 0 0 0 MICHAEL J O'LEARY DIRECTOR 0.50 X 0 0 0 LAYSHA WARD DIRECTOR 0.50 X 0 0 0 MAYOR JACOB FREY DIRECTOR 0.50 X 0 0 0 MARION GREENE DIRECTOR 0.50 X 0 0 0 JD KELLER DIRECTOR (UNTIL 12/31/19) 0.50 X 0 0 0 LAURA OBERST DIRECTOR 0.50 X 0 0 0 KEVIN WARREN DIRECTOR (UNTIL 12/31/19) 0.50 X 0 0 0 KAMY SCARLETT DIRECTOR (UNTIL 12/31/19) 0.50 X 0 0 0 JULIE SULLIVAN DIRECTOR 0.50 X 0 0 0 JONATHAN NUDI DIRECTOR 0.50 X 0 0 0 JOHN STAUCH DIRECTOR 0.50 X 0 0 0 JOHN NAYLOR DIRECTOR 0.50 X 0 0 0 TODD SENGER DIRECTOR 0.50 X 0 0 0 AMY LANGER DIRECTOR 0.50 X 0 0 0 GARY CUNNINGHAM DIRECTOR (UNTIL 12/31/19) 0.50 X 0 0 0 COMMISSIONER LISA WEIK DIRECTOR 0.50 X 0 0 0 DOUGLAS CARNIVAL OF COUNSEL 0.50 X 0 0 0 DOUGLAS BAKER JR PAST CHAIRMAN OF THE BOARD 0.50 X 0 0 0 COMMISSIONER RHONDA SIVARAJAH DIRECTOR (UNTIL 12/31/19) 0.50 X 0 0 0 DAVID SAGGAU DIRECTOR 0.50 X 0 0 0 ERIC JOLLY DIRECTOR 0.50 X 0 0 0 DAN JOHNSON DIRECTOR 0.50 X 0 0 0 CRAIG SAMITT DIRECTOR 0.50 X 0 0 0 COMMISSIONER VICTORIA REINHARDT DIRECTOR (UNTIL 12/31/19) 0.50 X 0 0 0 COMMISSIONER SCOTT SCHULTE DIRECTOR 0.50 X 0 0 0 DAVIED DINES DIRECTOR 0.50 X 0 0 0 COMMISSIONER KATHLEEN GAYLORD DIRECTOR 0.50 X 0 0 0 JAY LUND DIRECTOR 0.50 X 0 0 0 COMMISSIONER JON ULRICH DIRECTOR 0.50 X 0 0 0 CHRISTINE SOVEREIGN DIRECTOR 0.50 X 0 0 0 CHARLES R VIG DIRECTOR (UNTIL 12/31/19) 0.50 X 0 0 0 CAROL SURFACE DIRECTOR 0.50 X 0 0 0 BRETT CARTER DIRECTOR 0.50 X 0 0 0 BETH FORD DIRECTOR 0.50 X 0 0 0 BEN FOWKE DIRECTOR (UNTIL 12/31/19) 0.50 X 0 0 0 AUDREY LUCAS DIRECTOR 0.50 X 0 0 0 ANDY BESSETTE DIRECTOR 0.50 X 0 0 0 ANDREA WALSH DIRECTOR 0.50 X 0 0 0 ERIC KALER DIRECTOR (UNTIL 12/31/19) 0.50 X 0 0 0 ALBERT J COLIANNI JR DIRECTOR 0.50 X 0 0 0 1709553 0 167137 7 0 1 0 SALO LLC 20 SOUTH 13TH STREET SUITE 200 MINNEAPOLIS MN 55403 CONSULTANT 284629 1 1070000 4964977 6034977 39542 39542 59030 59030 SPONSORSHIP REVENUE 900099 114000 114000 EVENT INCOME 900099 36255 36255 150255 6283804 0 0 248827 1218348 894010 231670 92668 1603284 992918 377862 232504 43829 26959 6359 10511 95185 68094 10212 16879 119410 101171 6875 11364 24477 24477 104641 104641 103770 52579 46586 4605 942428 942428 46419 39155 4158 3106 272070 270380 1690 180575 135363 25878 19334 95527 76043 19484 252722 134393 118329 1472 1103 211 158 94786 71054 13584 10148 37188 10587 25089 1512 DUES AND SUBSCRIPTIONS 173741 161060 7258 5423 SPONSORSHIPS 96387 96387 PROFESSIONAL DEVELOPMEN 18086 15591 1428 1067 SERVICE CHARGES 1033 774 148 111 10574 10249 186 139 5535952 4100298 1026125 409529 322436 49049 2898760 2901974 282500 1038141 9129 18 34741 32084 1297124 1017397 352326 279727 18000 14400 3917892 4315393 598009 387259 223053 130447 240115 193120 1061177 710826 X 2327780 2619242 528935 985325 2856715 3604567 3917892 4315393 747852 0 X 0 1 X 1 0 X 5093132 5630371 5658378 5821001 6034977 28237859 5093132 5630371 5658378 5821001 6034977 28237859 2174958 26062901 2902 2742 3143 21393 98572 128752 267275 369225 356834 84100 150256 1227690 29594301 0.88070 0.89040 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 608465 387013 221452 688659 630384 58275 279727 CAPITAL LEASE OBLIGATION 22619 DEFERRED RENT 170501 193120 X 6328804 45000 45000 6283804 0 6283804 5580952 45000 45000 5535952 0 5535952 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. NORTH AMERICA 0 1 PROGRAM SERVICES LEAD GENERATION & MKT 16795 EUROPE (INCLUDING ICELAND & GREENLAND) 0 1 PROGRAM SERVICES LEAD GENERATION & MKT 15000 0 2 0 0 0 2 31795 0 31795 0 0 0 0 0 0 PART III ACCOUNTING METHOD: X X 1 1 X X X X X X 1 1 0 0 0 0 0 0 0 FRANK LANGLEY CEO (UNTIL 5/31/19) 141823 0 86414 0 375258 0 11522 0 10995 0 626012 0 0 0 PETER FROSCH CEO 280188 0 35000 0 7996 0 14000 0 8659 0 345843 0 0 0 JOEL AKASON SVP, BUS. INVESTMENT & RES 177455 0 34550 0 396 0 10081 0 24011 0 246493 0 0 0 WENDY BLACKSHAW VP OF MKTING & COMM (UNTIL 10/31/19) 158412 0 12090 0 281 0 8864 0 24571 0 204218 0 0 0 AMANDA TAYLOR RESEARCH DIRECTOR 120021 0 7400 0 0 0 6620 0 21610 0 155651 0 0 0 MATTHEW LEWIS VICE PRESIDENT 134753 0 10100 0 99 0 7297 0 1080 0 153329 0 0 0 PART I, LINE 1A GREATER MSP PAID FOR THE ANNUAL DUES OF THE CEO AND THE EXECUTIVE VICE PRESIDENT 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 NO-BUSINESS RELATED EXPENSES. THE CHIEF EXECUTIVE OFFICER'S 2019 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 EXECUTIVE VICE PRESIDENT'S 2019 COMPENSATION INCLUDED A GROSS UP FOR THE ANNUAL PREMIUM FOR SUPPLEMENTAL LIFE INSURANCE. PART I, LINES 4A-B SCHEDULE J, PART I, LINE 4A: JUDY JOHNSON - $40,747.60 SEVERANCE PAID IN 2019 SCHEDULE J, PART I, LINE 4B: PER HIS EMPLOYMENT AGREEMENT, THE FORMER CEO (FRANK MICHAEL LANGLEY) PARTICIPATED IN A DEFERRED COMPENSATION PROGRAM THAT ALLOCATED A PERCENTAGE OF HIS SALARY TO THE PLAN UNDER IRS SECTION 457F. THE CEO BECAME FULLY VESTED IN THE PLAN ON MARCH 13, 2019. DURING 2019, $371,093.31 WAS DISTRIBUTED FROM THE SECTION 457F PLAN TO THE CEO. ANDREA WALSH CEO OF HEALTH PARTNER DIRECTOR 258525 HEALTH INSURANCE PROVIDER 0 AMY LANGER CO-FOUNDER - SALO LLC DIRECTOR 284629 CONSULTING/CONTRACTING FEES 0 SCHEDULE L, PART IV IN THE ORDINARY COURSE OF BUSINESS, GREATER MSP WAS A PARTY TO TRANSACTIONS WITH THE ABOVE LISTED COMPANIES WHOSE EXECUTIVES ARE MEMBERS OF THE GREATER MSP BOARD OF DIRECTORS. ALL BUSINESS TRANSACTIONS WERE CONDUCTED AT ARM'S LENGTH AND AT FAIR MARKET VALUE. 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. NO CONFLICTS OF INTEREST HAVE BEEN IDENTIFIED. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE CEO IS REVIEWED AND APPROVED BY THE HUMAN RESOURCES AND COMPENSATION 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 2019 GREATER MSP MADE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.