2018-05-11T10:46:06-05:00 2017-12-31 410746749 CLIFTONLARSONALLEN LLP 220 SOUTH SIXTH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2017-01-01 363468708 MINNEAPOLIS REGIONAL CHAMBER DEVELOPMENT FOUNDATION MINN 6123709100 81 SOUTH NINTH STREET NO 200 MINNEAPOLIS MN 55402 JONATHAN WEINHAGEN PRESIDENT & CEO 6123709100 2018-05-03 1 JOHN TAUER P00294068 6123764500 2017 2022-09-23 18:48:47Z JONATHAN WEINHAGEN 81 SOUTH NINTH STREET NO 200 MINNEAPOLIS MN 55402 320451 0 X WWW.MINNEAPOLISCHAMBER.ORG X FOUNDATION 1986 MN TO SUPPORT THE WORK AND MISSION OF THE MINNEAPOLIS REGIONAL CHAMBER TO CREATE A VIBRANT AND EQUITABLE ECONOMY. 52 52 0 86 0 0 3250 266387 0 54064 0 0 0 0 3250 320451 0 8500 0 0 0 26187 0 0 0 15242 98185 15242 132872 -11992 187579 68353 338135 0 82203 68353 255932 X THE MISSION OF THE MINNEAPOLIS CHAMBER OF COMMERCE DEVELOPMENT FOUNDATION IS TO OFFER INNOVATIVE WAYS OF REDUCING UNEMPLOYMENT, IMPROVE EDUCATIONAL OPPORTUNITIES FOR DISADVANTAGED YOUTH, INITIATE AND CONDUCT LEADERSHIP DEVELOPMENT PROGRAMS AND PROMOTE EFFORTS THAT ENHANCE THE QUALITY OF LIFE AND LEADERSHIP SKILLS IN THE MINNEAPOLIS AND ST. PAUL AREAS. 1 0 78251 ECONOMIC DEVELOPMENT: THROUGH THE MINNEAPOLIS REGIONAL CHAMBER DEVELOPMENT FOUNDATION, THE CHAMBER ENGAGES IN AN ONGOING INITIATIVE TO ADDRESS A REGIONAL TRANSIT SYSTEM. 36222 0 52584 LEADERSHIP TWIN CITIES: EACH YEAR, LEADERSHIP TWIN CITIES TAKES A COHORT OF 50+ HIGH POTENTIAL INDIVIDUALS THROUGH A NINE-MONTH PROGRAM OF CIVIC EDUCATION AND LEADERSHIP SKILLS DEVELOPMENT. THE PROGRAM'S MISSION IS TO IDENTIFY, CULTIVATE AND INSPIRE SUCCESIVE GENERATIONS OF COMMUNITY LEADERS, BY EXAMINING CRITICAL ISSUES AND RESOURCES, TO ENSURE THE SOCIAL, CULTURAL, AND ECONOMIC PROSPERITY OF THE MINNEAPOLIS-SAINT PAUL REGION. FOR MORE THAN 40 YEARS, LEADERSHIP TWIN CITIES HAS INFORMED MORE THAN 2,000 CIVIC LEADERS ABOUT THE CRITICAL ISSUES FACING THE REGION. PARTICIPANTS SPEND ONE DAY EACH MONTH FROM SEPTEMBER-MAY EXPLORING TOPICS SUCH AS ECONOMIC DEVELOPMENT, EDUCATION, ARTS AND CULTURE, COMMUNITY SAFETY, HEALTH CARE AND GOVERNMENT. 1155 0 1480 KEYSTONE: MINNESOTA KEYSTONE PROGRAM PROMOTES CORPORATE PHILANTHROPY BY RECOGNIZING AND HONORING COMPANIES THAT DONATE AT LEAST 2% OF THEIR PRE-TAX EARNINGS TO CHARITABLE ORGANIZATIONS. QUALIFYING COMPANIES HAVE AN OPERATING PRESENCE IN MINNESOTA AND DONATE CASH, IN-KIND DONATIONS, INCLUDING PRO-BONO SERVICES, AND/OR EMPLOYEE PAID VOLUNTEER TIME. MINNESOTA KEYSTONE COMPANIES RECEIVE RECOGNITION ON THE MINNESOTA KEYSTONE WEBSITE AND AT AN ANNUAL EVENT. MINNESOTA KEYSTONE HAS BEEN OPERATING CONSISTENTLY SINCE 1976 AND IS A GREAT REFLECTION OF MINNESOTA'S SPIRIT OF GENEROSITY AND SENSE OF COMMUNITY. 10316 8500 BLOOMINGTON FUTURE LEADERS: PROVIDES SCHOLARSHIPS AND MENTORING OPPORTUNITIES TO STUDENTS AT JEFFERSON AND KENNEDY HIGH SCHOOLS IN BLOOMINGTON, MN. STUDENTS IN PRE-BUSINESS CLASSES TAKE PART IN TWO ONE-DAY BUSINESS CONFERENCES, ONE IN THE FALL AND ONE IN THE WINTER, AS WELL AS HAVE THE CHANCE TO PARTICIPATE IN MOCK INTERVIEWS IN THE SPRING. CHAMBER VOLUNTEERS PROVIDE STUDENTS WITH INSIGHTS ABOUT THEIR FIELDS AND CAREER CHOICES, ACT AS INTERVIEWERS, AND TAKE PART IN SCHOLARSHIP APPLICATION REVIEW AND INTERVIEW PROCESS. THIS PROGRAM WORKS IN PARTNERSHIP WITH BLOOMINGTON ISD #271. 10316 8500 125944 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 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 1 0 0 0 1 5 0 1 0 0 0 0 0 0 0 0 0 0 0 X 52 52 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MN X X RENAE BUGNI 6123709141 81 S NINTH STREET 200 MINNEAPOLIS MN 55402 TED JOHNSON CHAIR 0.10 0.50 X X 0 0 0 PATRICIA GRAZZINI TREASURER 0.10 0.50 X X 0 0 0 ERIC ANDERSON BOARD MEMBER 0.10 0.50 X 0 0 0 TODD ANLAUF BOARD MEMBER 0.10 0.50 X 0 0 0 LESTER BAGLEY BOARD MEMBER 0.10 0.50 X 0 0 0 CHANDA SMITH BAKER BOARD MEMBER 0.10 0.50 X 0 0 0 MICHAEL BELAEN BOARD MEMBER 0.10 0.50 X 0 0 0 RANDY BOUSHEK BOARD MEMBER 0.10 0.50 X 0 0 0 STEVE BURK BOARD MEMBER 0.10 0.50 X 0 0 0 JAY COWLES BOARD MEMBER 0.10 0.50 X 0 0 0 STEVE CRAMER BOARD MEMBER 0.10 0.50 X 0 0 0 LYNNETTE SLATER CRANDALL BOARD MEMBER 0.10 0.50 X 0 0 0 JEFF DAVIDMAN BOARD MEMBER 0.10 0.50 X 0 0 0 KAREN DODSON BOARD MEMBER 0.10 0.50 X 0 0 0 KIP ELLIOTT BOARD MEMBER 0.10 0.50 X 0 0 0 SHELLY ELMORE BOARD MEMBER 0.10 0.50 X 0 0 0 CHRISTOPHER FERGUSON BOARD MEMBER 0.10 0.50 X 0 0 0 PAUL FLOOD BOARD MEMBER 0.10 0.50 X 0 0 0 TOM GRESTER BOARD MEMBER 0.10 0.50 X 0 0 0 DAVID HAKENSEN BOARD MEMBER 0.10 0.50 X 0 0 0 MORTON HANSEN BOARD MEMBER 0.10 0.50 X 0 0 0 BRETT HANSON BOARD MEMBER 0.10 0.50 X 0 0 0 BLAKE HASTINGS BOARD MEMBER 0.10 0.50 X 0 0 0 CORY HOEPPNER BOARD MEMBER 0.10 0.50 X 0 0 0 CHRIS HOFSTAD BOARD MEMBER 0.10 0.50 X 0 0 0 RHONDA HONG BOARD MEMBER 0.10 0.50 X 0 0 0 KALYN HOVE BOARD MEMBER 0.10 0.50 X 0 0 0 MATT JOHNSON BOARD MEMBER 0.10 0.50 X 0 0 0 TOM KARLEBO BOARD MEMBER 0.10 0.50 X 0 0 0 MICHAEL KLINGENSMITH BOARD MEMBER 0.10 0.50 X 0 0 0 MATT KRAMER BOARD MEMBER 0.10 0.50 X 0 0 0 KEVIN LEWIS BOARD MEMBER 0.10 0.50 X 0 0 0 DAVID LINDSTROM BOARD MEMBER 0.10 0.50 X 0 0 0 SUSAN ADAMS LOYD BOARD MEMBER 0.10 0.50 X 0 0 0 MARK LUCKE BOARD MEMBER 0.10 0.50 X 0 0 0 LAURA MCCARTEN BOARD MEMBER 0.10 0.50 X 0 0 0 BETH MCCONAHAY BOARD MEMBER 0.10 0.50 X 0 0 0 CHAD MILLER BOARD MEMBER 0.10 0.50 X 0 0 0 ORINTHIA MONTAGUE BOARD MEMBER 0.10 0.50 X 0 0 0 DIANE NIXA BOARD MEMBER 0.10 0.50 X 0 0 0 RAVI NORMAN BOARD MEMBER 0.10 0.50 X 0 0 0 JEFF PELLEGROM BOARD MEMBER 0.10 0.50 X 0 0 0 STEFAN PITTINGER BOARD MEMBER 0.10 0.50 X 0 0 0 EVA RASMUSSEN BOARD MEMBER 0.10 0.50 X 0 0 0 ROB ROMINSKI BOARD MEMBER 0.10 0.50 X 0 0 0 ERIN SEXTON BOARD MEMBER 0.10 0.50 X 0 0 0 KENNETH SORENSEN BOARD MEMBER 0.10 0.50 X 0 0 0 MICHELLE SWANSON BOARD MEMBER 0.10 0.50 X 0 0 0 MELVIN TENNANT BOARD MEMBER 0.10 0.50 X 0 0 0 PHIL TRIER BOARD MEMBER 0.10 0.50 X 0 0 0 BRAD TUTUNJIAN BOARD MEMBER 0.10 0.50 X 0 0 0 KEN VINJE BOARD MEMBER 0.10 0.50 X 0 0 0 BRIAN WEINREIS BOARD MEMBER 0.10 0.50 X 0 0 0 TOM WHITLOCK BOARD MEMBER 0.10 0.50 X 0 0 0 PAUL WILLIAMS BOARD MEMBER 0.10 0.50 X 0 0 0 MATT ZABEL BOARD MEMBER 0.10 0.50 X 0 0 0 DARIAN ZIELSDORF BOARD MEMBER 0.10 0.50 X 0 0 0 JONATHAN WEINHAGEN PRESIDENT/CEO 4.00 40.00 X 0 167568 46549 0 167568 46549 0 0 1 0 0 266387 266387 TUITION INCOME 900099 52584 52584 EVENT ADMISSION 900099 1480 1480 54064 320451 0 0 54064 X 8500 8500 26187 19724 6463 50755 50375 380 800 800 38461 38400 61 OTHER PROGRAM EXPENSES 5019 5019 TRANSIT PROGRAM EXPENSE 3126 3126 MISCELLANEOUS 24 24 132872 125944 6928 0 68353 336756 160 1219 68353 338135 13167 69036 0 82203 X 4121 251357 64232 4575 68353 255932 68353 338135 187579 0 X 0 1 X 1 0 X 354350 13550 17850 3250 266387 655387 354350 13550 17850 3250 266387 655387 323784 331603 655387 54064 0.50600 0.11420 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 2580069 1699 2257919 2259618 320451 0 320451 2321054 1699 2186483 2188182 132872 0 132872 PART X, LINE 2: THE MINNEAPOLIS REGIONAL CHAMBER DEVELOPMENT FOUNDATION IS A QUALIFIED TAX-EXEMPT NONPROFIT ORGANIZATION UNDER SECTION 501(C)(3). THE FOUNDATION IS GENERALLY EXEMPT FROM FEDERAL INCOME TAXES. THE FOUNDATION'S TAX RECORDS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUES OF AFFILIATE REPORTED ON A SEPARATE RETURN 2,267,432. ELIMINATIONS -9,513. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES OF AFFILIATE REPORTED ON A SEPARATE RETURN 2,195,996. ELIMINATIONS -9,513. 1 SCHOLARSHIPS 9 8500 0 N/A N/A PART I, LINE 2: THE FOUNDATION AWARDS SCHOLARSHIPS TO STUDENTS WHO PARTICPIATE IN THEIR FUTURE LEADERS PROGRAM. NO MONITORING IS NECESSARY. 0 0 0 0 0 0 0 0 0 JONATHAN WEINHAGEN PRESIDENT/CEO 0 167568 0 0 0 0 0 21600 0 24949 0 214117 0 0 SCHEDULE J, PART I, LINE 3 THE FOUNDATION RELIED ON A RELATED ORGANIZATION TO DETERMINE COMPENSATION FOR THE EXECUTIVE DIRECTOR. THE RELATED ORGANIZATION USED THE FOLLOWING PRACTICES TO DETERMINE COMPENSATION FOR THE EXECUTIVE DIRECTOR: 1) COMPENSATION COMMITTEE 2) FORM 990 OF OTHER ORGANIZATIONS 3) COMPENSATION SURVEY OR STUDY 4) APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE FORM 990, PART III, LINE 2 THE FOUNDATION TOOK OVER THE LEADERSHIP TWIN CITIES PROGRAM, AS DESCRIBED BELOW. FORM 990, PART VI, SECTION A, LINE 1 THE BOARD OF DIRECTORS MAY DESIGNATE THREE OR MORE OF ITS MEMBERS TO CONSTITUTE THE EXECUTIVE COMMITTEE. TO THE EXTENT DETERMINED BY THE BOARD, THE EXECUTIVE COMMITTEE HAS THE FULL AUTHORITY OF THE BOARD OF DIRECTORS IN THE MANAGEMENT OF THE BUSINESS OF THE FOUNDATION BETWEEN MEETINGS OF THE FULL BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE RETURN IS PREPARED BY THE FOUNDATION'S INDEPENDENT ACCOUNTANT WITH THE ASSISTANCE OF MANAGEMENT. THE RETURN WILL BE PROVIDED TO EACH MEMBER OF THE BOARD OF DIRECTORS AFTER THE RETURN IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY COVERS DIRECTORS, OFFICERS AND EMPLOYEES OF THE ORGANIZATION. EACH RESPONSIBLE PERSON MUST REVIEW THE POLICY AND ANNUALLY COMPLETE A DISCLOSURE FOR IDENTIFYING ANY RELATIONSHIPS, POSITIONS OR CIRCUMSTANCES IN WHICH THE RESPONSIBLE PERSON IS INVOLVED THAT HE OR SHE BELIEVES COULD CONTRIBUTE TO A CONFLICT OF INTEREST ARISING. ANY SUCH INFORMATION REGARDING A BUSINESS INTEREST IS GENERALLY MADE AVAILABLE TO THE CHAIR, THE PRESIDENT, EXECUTIVE DIRECTOR AND ANY COMMITTEE APPOINTMENT TO ADDRESS CONFLICTS OF INTEREST, EXCEPT TO THE EXTENT ADDITIONAL DISCLOSURE IS NECESSARY IN CONNECTION WITH THE IMPLEMENTATION OF THIS POLICY. A PERSON WHO HAS A CONFLICT OF INTEREST SHALL NOT PARTICIPATE IN DISCUSSIONS OF THE MATTER EXCEPT TO DISCLOSE MATERIAL FACTS AND TO RESPOND TO QUESTIONS. THE PERSON HAVING A CONFLICT OF INTEREST MAY NOT VOTE ON THE CONTRACT OR TRANSACTION AND SHALL NOT BE PRESENT IN THE MEETING ROOM WHEN THE VOTE IS TAKEN, UNLESS THE VOTE IS A SECRET BALLOT. PROCEEDINGS RELATED TO CONFLICTS OF INTEREST ARE DOCUMENTED IN THE MEETING MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC ON THE MINNEAPOLIS REGIONAL CHAMBER OF COMMERCE'S WEBSITE AND UPON REQUEST. FORM 990, PART IX, LINE 11G TRANSIT CONSULTING PROJECTS: PROGRAM SERVICE EXPENSES 50,375. MANAGEMENT AND GENERAL EXPENSES 380. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 50,755. MINNEAPOLIS REGIONAL CHAMBER OF COMMERCE 81 SOUTH NINTH STREET MINNEAPOLIS MN 55402 411414520 CHAMBER OF COMMERCE MN 501(C)(6) N/A MINNEAPOLIS REGIONAL CHAMBER OF COMMERCE 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 1 1