2019-07-22T15:40:01-05:00 2018-12-31 411534805 CARPENTER EVERT & ASSOCIATES LTD 7760 FRANCE AVE S SUITE 940 BLOOMINGTON MN 55435 990 2018-01-01 450550557 THE NETWORK FOR BETTER FUTURES DBA BETTER FUTURES MINNESOTA NETW 6124556133 2620 MINNEHAHA AVENUE MINNEAPOLIS MN 55406 THOMAS M ADAMS PRESIDENT & CEO 6124556133 2019-07-11 1 MATT PILLSBURY P01565609 9528310085 2019-07-10 50.244.212.29 2019-07-11 10:00:21 CD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 6C9B1A35775087DBDB8A6D25ECA509C7F6C27838 2018 2019-02-21 02:37:17Z THOMAS M ADAMS 2620 MINNEHAHA AVENUE MINNEAPOLIS MN 55406 3388484 0 X WWW.BETTERFUTURESMINNESOTA.COM X 2007 MN BETTER FUTURES FUELS A MAN'S DESIRE TO TURN HIS LIFE AROUND AND WALK A NEW PATH TOWARD BETTER HEALTH AND SUCCESS. IT ALSO AIMS TO CHANGE THE COSTLY PRACTICES THAT PRODUCE POOR RESULTS AND PERPETUATE CYCLES OF DEPENDENCY. 6 6 133 15 0 0 1522888 1855271 1958512 1528577 11 0 284 4636 3481695 3388484 194901 238845 0 0 1593647 1672523 0 0 63118 1804655 1569176 3593203 3480544 -111508 -92060 815405 1294931 295152 866738 520253 428193 X BETTER FUTURES FUELS A MAN'S DESIRE TO TURN HIS LIFE AROUND AND WALK A NEW PATH TOWARD BETTER HEALTH AND SUCCESS. IT ALSO AIMS TO CHANGE THE COSTLY PRACTICES THAT PRODUCE POOR RESULTS AND PERPETUATE CYCLES OF DEPENDENCY. 0 0 2784263 238845 1528577 BETTER FUTURES BUSINESSES CREATE JOBS AND HELP PARTICIPANTS DEVELOP MARKETABLE SKILLS. PARTICIPANTS ARE EMPLOYED IN ONE OF TWO LINES OF BUSINESS: PROPERTY MAINTENANCE AND WASTE RECYCLING/REUSE, INCLUDING BUILDING DECONSTRUCTION. THIS ENTERPRISE GENERATES MULTIPLE BENEFITS: IT PROVIDES EMPLOYMENT, ON-THE-JOB TRAINING, AND INCOME OR PARTICIPANT WORKERS; IT CONTRIBUTES EARNED INCOME TO THE ORGANIZATION; AND, IT PRODUCES SIGNIFICANT ENVIRONMENTAL BENEFITS FOR THE COMMUNITY.BETTER FUTURES EMBRACES MEN LIVING IN CHRONIC POVERTY WITH HISTORIES OF PERSISTENT UNEMPLOYMENT, UNTREATED MENTAL ILLNESS, ADDICTION, INCARCERATION, AND HOMELESSNESS. ITS INTEGRATED CARE MODEL RESPONDS TO PARTICIPANTS MOST BASIC NEEDS AFFORDABLE HOUSING AND A JOB. ONCE THESE NEEDS ARE MET, THE IMPACT OF OTHER SERVICES ACCELERATES (HEALTH HOME AND COACHING USING A TRAUMA INFORMED CARE APPROACH). THIS MODEL IS ANCHORED BY MEANINGFUL RELATIONSHIPS AND A VIBRANT COMMUNITY. THE MEN SERVED BY THIS SOCIAL ENTERPRISE ARE NOT IN A PROCESS OF RE-ENTRY; RATHER THEIR LIFE EXPERIENCE IS A PUBLIC HEALTH PROBLEM THAT ORIGINATES N CORE HURTS AND TRAUMA. HEALING FROM THESE TRAUMAS IS ESSENTIAL BEFORE THEY CAN SUCCEED AS WORKERS, FATHERS, AND COMMUNITY MEMBERS.BETTER FUTURES IS ACHIEVING HIGH RATES OF EMPLOYMENT, INCREASED ACCESS TO HEALTH CARE AND BEHAVIORAL HEALTH SERVICES, INCREASED ENGAGEMENT BETWEEN FATHERS AND CHILDREN, AND LOWER CONVICTION RATES FOR NEW CRIMES. A PRELIMINARY ANALYSIS ALSO INDICATES THAT BETTER FUTURES PARTICIPANTS EXPERIENCE A LOWER RETURN TO PRISON RATE FOR NEW CRIMES THE LONGER THEY STAY ENGAGED WITH THE ENTERPRISE. BASED ON THESE PROMISING RESULTS, LEADERS IN OTHER COMMUNITIES ARE SEEKING INFORMATION AND ADVICE ABOUT HOW TO ADAPT THIS MODEL FOR HIGH RISK ADULTS. AN ON-GOING DEVELOPMENT PARTNERSHIP WITH SEVERAL COMMUNITIES WAS ESTABLISHED IN 2013. 2784263 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 20 0 1 133 1 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 MN X THOMAS M ADAMS 6124556133 2620 MINNEHAHA AVENUE MINNEAPOLIS MN 55406 GLENN ANDIS VICE CHAIR 1.00 X X 0 0 0 ART BERMAN TREASURER 1.00 X X 0 0 0 MILTON DODD DIRECTOR 1.00 X 0 0 0 ADAM RAO DIRECTOR 1.00 X 0 0 0 LOUIS KING CHAIR 1.00 X X 0 0 0 THOMAS M ADAMS PRESIDENT & CEO 40.00 X X 146525 0 19095 SARA CHRISTENSON DIRECTOR 1.00 X 0 0 0 146525 0 19095 1 0 1 0 0 1509560 345711 1855271 BUSINESS ENTERPRISE 812900 1508074 1508074 PARTICIPANT RENT 531110 20503 20503 1528577 2510 0 2510 2510 2510 MISCELLANEOUS REVENUE 900099 2126 2126 2126 3388484 1531087 0 2126 238845 238845 165622 145078 17405 3139 1057299 926161 111110 20028 323229 271288 49690 2251 126373 117714 5459 3200 1113 1113 128797 128797 32400 32400 269168 83346 183722 2100 11781 6340 5441 69423 50322 19101 137261 119048 18213 21298 18129 3169 25923 23243 2680 19979 51 19928 54200 25556 28644 52807 32771 20036 EMPLOYMENT ASSISTANCE 501277 501277 MAINTENANCE & REPAIRS 141528 141528 PROGRAM SUPPLIES & EQUI 84068 76261 7807 MEMBERSHIPS AND SUBSCRI 13362 2681 10681 4791 4624 167 3480544 2784263 633163 63118 214510 274003 60 82750 99639 307428 764906 57391 69085 45896 25862 303163 257085 92012 46078 15358 15358 815405 1294931 158329 329846 16972 136823 519920 295152 866738 X 403586 368193 116667 60000 520253 428193 815405 1294931 -92060 0 X 0 1 X 1 1 1 X 2624755 1237261 1521678 1522888 1855271 8761853 2624755 1237261 1521678 1522888 1855271 8761853 8761853 613 446 54 11 1124 4658 31602 197 284 4636 41377 8804354 1528577 0.99520 0.99480 X 32400 32400 3448144 3480544 324027 81007 0 0 324027 324027 486041 32400 32400 81007 81007 121511 21518 12047 9471 281645 245038 36607 46078 X 3388484 0 3388484 0 3388484 3480544 0 3480544 0 3480544 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). 1 HOUSING ASSISTANCE 76 176159 OTHER HOUSING TRAINING STIPENDS 59 16833 INCENTIVE PAYMENTS 139 3287 MEALS 63 42566 OTHER MEALS PART I, LINE 2: THE ORGANIZATION PROVIDES SPECIFIC ASSISTANCE AND TRACKS THE AMOUNTS PAID FOR THE PROGRAM PARTICIPANTS THROUGH AN EXTERNAL PAYROLL AND ACCOUNTING SOFTWARE COMPANY. X X X X 0 0 0 0 0 0 0 0 0 THOMAS M ADAMS PRESIDENT & CEO 146525 0 0 0 0 0 0 0 19095 0 165620 0 0 0 FORM 990, PART VI, SECTION A, LINE 8B LINE 8 EXPLANATION - THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES THAT HAVE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B LINE 11B EXPLANATION - A COPY OF THE FORM 990 IS PROVIDED TO ALL BOARD MEMEBERS FOR THEIR REVIEW PRIOR TO FILING. THE ORGANIZATION'S CEO WILL COMPLETE A DETAILED REVIEW OF THE FORM 990 PRIOR TO FILING AND WILL DISCUSS ANY CONCERNS WITH THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C PERSONS COVERED BY THE POLICY (DIRECTORS, OFFICERS, AND THEIR FAMILY MEMEBERS) MUST SIGN AN ANNUAL DISCLOSURE IDENTIFYING ANY CIRCUMSTANCES THAT COULD LEAD TO A CONFLICT OF INTEREST. TRANSACTIONS INVOLVING A CONFLICT OF INTEREST MUST BE DISCLOSED TO THE BOARD OF DIRECTORS. SUCH TRANSACTIONS MAY BE APPROVED BY THE BOARD IF THE MATERIAL FACTS AS TO THE TRANSACTION ARE FULLY DISCLOSED. THE CONFLICTED DIRECTOR MAY NOT PARTICIPATE IN THE BOARD'S DISCUSSION OR VOT ON THE MATTER. ALL PROCEEDINGS ARE DOCUMENTED IN THE MEETING MINTURES OR AS OTHERWISE APPROPRIATE. FORM 990, PART VI, SECTION B, LINE 15 SALARY RANGES FOR ALL OTHER POSITIONS WERE REVIEWED AND APPROVED BY THE BOARD IN 2012, INCLUDING THE CFO. CEO COMPENSATION IS SET BY THE BOARD AFTER REVIEWING MARKET DATA FOR COMPARABLE POSITIONS. THIS PROCESS WAS LAST CONDUCTED IN 2016 FOR THE PRESIDENT & CEO. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, NOR ITS FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC.