2018-05-22T15:12:39-05:00 2017-12-31 463220328 AKINS HENKE AND COMPANY 600 INWOOD AVENUE NORTH SUITE 160 OAKDALE MN 55128 990 2017-01-01 363579536 FRIENDS OF THE HENNEPIN COUNTY LIBRARY FRIE 6125438100 300 NICOLLET MALL MINNEAPOLIS MN 55401 KRISTI PEARSON EXECUTIVE DIRECTOR 6125438100 2018-05-18 1 CHRIS HENKE P01008921 6516363806 2017 2022-09-23 18:48:47Z KRISTI PEARSON 300 NICOLLET MALL MINNEAPOLIS MN 55401 2387104 0 X WWW.SUPPORTHCLIB.ORG X 1986 MN FRIENDS OF THE HENNEPIN COUNTY LIBRARY IS THE FUNDRAISING PARTNER OF HENNEPIN COUNTY LIBRARY AND BUILDS AWARENESS, APPRECIATION AND SUPPORT FOR OUR WORLD-CLASS LIBRARY. 19 19 10 45 0 0 2775299 1819217 227779 291162 55454 93330 0 0 3058532 2203709 921308 1275418 0 0 490352 498177 0 0 369639 529937 574057 1941597 2347652 1116935 -143943 3597445 3835230 219971 412702 3377474 3422528 X FRIENDS OF THE HENNEPIN COUNTY LIBRARY IS THE FUNDRAISING PARTNER OF HENNEPIN COUNTY LIBRARY AND BUILDS AWARENESS, APPRECIATION AND SUPPORT FOR OUR WORLD-CLASS LIBRARY. 0 0 1349988 1275418 LIBRARY SUPPORT: FRIENDS OF HCL RAISES HUNDREDS OF THOUSANDS OF DOLLARS IN PRIVATE SUPPORT EACH YEAR TO HELP HCL MAKE THE WONDER OF LEARNING AND DISCOVERY MORE ACCESSIBLE TO ALL. TOGETHER, WE ENVISION A HENNEPIN COUNTY WHERE LIBRARY SERVICES ENSURE THAT EVERY PERSON HAS THE OPPORTUNITY AND RESOURCES TO READ, GRADUATE, ENGAGE, WORK AND LEARN. FUNDS RAISED BY FRIENDS OF HCL SUPPORT HCL PROGRAMS LIKE TEEN TECH SQUAD AND HOMEWORK HELP AND KEY INITIATIVES LIKE EXPANDING EARLY LEARNING AND INCREASING KINDERGARTEN-READINESS. 270578 291162 PEN PALS IS AN AWARD-WINNING LECTURE SERIES FEATURING AUTHORS FROM AROUND THE WORLD. READERS ARE GIVEN THE OPPORTUNITY TO BECOME MORE FAMILIAR WITH BOTH THE AUTHORS' WORKS AND THEIR DAY TO DAY LIVES. WHEN FULLY SPONSORED, THIS LECTURE SERIES GENERATES INCOME SUPPORTING THE ORGANIZATION'S MISSION. 146 VOLUNTEERS ASSISTED STAFF AT 12 EVENTS, CONTRIBUTING 219 HOURS TO THE PROGRAM. 8,181 PEOPLE ATTENDED THE PROGRAM IN 2017. 239742 PUBLIC AWARENESS AND DONOR ENGAGEMENT: TALK OF THE STACKS: IS A READING SERIES WHICH EXPLORES CONTEMPORARY LITERATURE AND CULTURE. 975 INDIVIDUALS ATTENDED 5 PROGRAMS AT NO COST DURING THE YEAR. 15 VOLUNTEERS CONTRIBUTED 36 HOURS TO ASSIST STAFF WITH THE SERIES.ADDITIONAL LITERARY AND CULTURAL EVENTS:260 PEOPLE ATTENDED 2 ENGAGEMENT EVENTS WHICH HIGHLIGHT EXCEPTIONAL LIBRARY SERVICES OR COLLECTIONS THROUGHOUT 2017.ADDITIONAL PUBLIC AWARENESS PIECES ON BEHALF OF THE LIBRARY SYSTEM:2 NEWSLETTERS, PROVIDING MORE THAN 8,000 PRINT IMPRESSIONS, 9 E-NEWSLETTERS TO 12,670 ENEWS SUBSCRIBERS, GARNERING MORE THAN 28,061 EMAILS VIEWED, 3,875 FACEBOOK FANS, AND REACHED MORE THAN 30,643 UNIQUE WEBSITE VISITORS. 1860308 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 12 0 1 10 1 0 0 0 0 0 0 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MN X X LINDA K MERRITT 6125438103 300 NICOLLET MALL MINNEAPOLIS MN 55401 KAI SAKSTRUP PRESIDENT 1.00 X X 0 0 0 AIMEE ROGSTAD GUIDERA VICE PRESIDENT 1.00 X X 0 0 0 TOM RACCIATTI TREASURER 1.00 X X 0 0 0 SUZAN MCGINNIS SECRETARY 1.00 X X 0 0 0 CHARLOTTE ABRAHAMSON DIRECTOR 1.00 X 0 0 0 BEVERLY COTTMAN DIRECTOR 1.00 X 0 0 0 CHRIS DU BOIS DIRECTOR 1.00 X 0 0 0 SUSAN GRAY DIRECTOR 1.00 X 0 0 0 CHARLES GROSSMAN DIRECTOR 1.00 X 0 0 0 DR BERNADEIA JOHNSON DIRECTOR 1.00 X 0 0 0 CAROL JORDAN DIRECTOR 1.00 X 0 0 0 MARY PAT LADNER DIRECTOR 1.00 X 0 0 0 BETH MCGUIRE THEOBALD DIRECTOR 1.00 X 0 0 0 CHERYL OLSETH DIRECTOR 1.00 X 0 0 0 MARICA RINEK DIRECTOR 1.00 X 0 0 0 PAT SCHMITT DIRECTOR 1.00 X 0 0 0 MATTHEW B SELTZER DIRECTOR 1.00 X 0 0 0 CAROL SHAW DIRECTOR 1.00 X 0 0 0 ADDIS TESFAYE DIRECTOR 1.00 X 0 0 0 KRISTI PEARSON EXECUTIVE DIRECTOR 40.00 X 121275 0 5858 LINDA MERRITT FINANCE DIRECTOR 40.00 X 53874 0 11106 175149 0 16964 1 0 0 0 0 38744 1780473 1819217 PROGRAM REVENUE 711130 291162 291162 291162 52973 52973 223752 183395 40357 40357 40357 2203709 291162 0 93330 1275418 1275418 192113 118517 35456 38140 248942 138753 18547 91642 7163 3574 247 3342 20354 10387 819 9148 29605 17303 3274 9028 11895 11895 24913 24913 89752 54380 3197 32175 3831 2009 1822 186877 24383 5284 157210 8118 5707 985 1426 8086 163 2884 5039 17114 9912 2004 5198 2758 2758 PROGRAM EVENTS 194644 186450 8194 PROCESSING FEES 26069 13352 3620 9097 2347652 1860308 117705 369639 184530 244364 395554 541607 784498 527318 30269 45176 63486 42699 36879 20787 2165715 2455978 3597445 3835230 33956 54895 200000 186015 157807 219971 412702 X 1624265 1769145 1201610 1099679 551599 553704 3377474 3422528 3597445 3835230 -143943 188997 0 X 0 1 X 1 0 X 1327766 1310813 1617582 2775299 1819217 8850677 1327766 1310813 1617582 2775299 1819217 8850677 828738 8021939 28776 29968 33032 40093 52973 184842 9035519 1028604 0.88780 0.88140 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1172734 2105 178069 29131 1323777 1128162 1750 59550 16728 1172734 1233332 1650 -54303 52517 1128162 1258336 1100 28360 54464 1233332 1154719 977 151115 48475 1258336 0.51090 0.41830 0.07080 0 0 63486 42699 20787 20787 X 2443108 188997 75315 264312 2178796 24913 24913 2203709 2398054 75315 75315 2322739 24913 24913 2347652 PART V, LINE 4: ENDOWMENT FUNDS ARE TO BE USED TO ENHANCE THE HENNEPIN COUNTY LIBRARY COLLECTIONS AND PROGRAMS. PART X, LINE 2: IT IS THE POLICY OF FRIENDS OF THE HENNEPIN COUNTY LIBRARY, IN ACCORDANCE WITH U.S. GAAP, TO ASSESS ANY UNCERTAIN TAX POSITIONS AND, IF NECESSARY, RECORD A LIABILITY AND RELATED INCOME TAX EXPENSE FOR ANY UNCERTAIN TAX POSITIONS. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY FRIENDS OF THE HENNEPIN COUNTY LIBRARY AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2017, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIALS. 1 HENNEPIN COUNTY LIBRARY 12601 RIDGEDALE DRIVE MINNETONKA MN 55305 416005801 115(1) 1275418 OPERATING SUPPORT FOR PRIORITY PROGRAMS AND INITIATIVES 1 PART I, LINE 2: FRIENDS OF THE HENNEPIN COUNTY LIBRARY STAFF WORK CLOSELY WITH THE HENNEPIN COUNTY LIBRARY STAFF TO SEEK PRIVATE FUNDING TO ENHANCE COLLECTIONS AND PROGRAMS NOT FULLY FUNDED THROUGH PUBLIC REVENUE STREAMS. LIBRARY STAFF AND FRIENDS OF THE HENNEPIN COUNTY LIBRARY STAFF WORK TOGETHER TO DOCUMENT AND REPORT ON THE EXPENDITURES OF THESE PRIVATELY SECURED GRANT FUNDS. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE REVIEWS THE FORM 990 FOR ACCURACY AND COMPLETENESS, THEN FORWARDS TO THE FULL BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S CONFLICT OF INTEREST POLICY COVERS DIRECTORS, STAFF OR FAMILY MEMBERS OF DIRECTORS AND STAFF. EACH RESPONSIBLE PERSON SHALL ANNUALLY COMPLETE A DISCLOSURE FORM 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. SUCH RELATIONSHIPS, POSITIONS OR CIRCUMSTANCES MIGHT INCLUDE SERVICE AS A DIRECTOR OF OR CONSULTANT TO A NONPROFIT ORGANIZATION, OR OWNERSHIP OF A BUSINESS THAT MIGHT PROVIDE GOODS OR SERVICES TO FRIENDS OF THE HENNEPIN COUNTY LIBRARY. ANY SUCH INFORMATION REGARDING BUSINESS INTERESTS OF A RESPONSIBLE PERSON OR A FAMILY MEMBER SHALL BE TREATED AS CONFIDENTIAL AND SHALL GENERALLY BE MADE AVAILABLE ONLY TO THE CHAIR, THE PRESIDENT, AND ANY COMMITTEE APPOINTED TO ADDRESS CONFLICTS OF INTEREST, EXCEPT TO THE EXTENT ADDITIONAL DISCLOSURE IS NECESSARY IN CONNECTION WITH THE IMPLEMENTATION OF THIS POLICY. THIS POLICY SHALL BE REVIEWED ANNUALLY BY EACH MEMBER OF THE BOARD OF DIRECTORS. ANY CHANGES TO THE POLICY SHALL BE COMMUNICATED IMMEDIATELY TO ALL RESPONSIBLE PERSONS. PRIOR TO BOARD OR COMMITTEE ACTION, THE PERSON WHO HAS A CONFLICT SHALL DISCLOSE ALL FACTS MATERIAL TO THE CONFLICT OF INTEREST. THE PERSON WHO HAS A CONFLICT OF INTEREST SHALL NOT PARTICIPATE IN OR BE PERMITTED TO HEAR THE BOARD OR COMMITTEES DISCUSSION OF THE MATTER EXCEPT TO DISCLOSE MATERIAL FACTS AND TO RESPOND TO QUESTIONS. THE PERSON WHO HAS A CONFLICT OF INTEREST MAY NOT BE COUNTED IN DETERMINING THE PRESENCE OF A QUORUM, NOR VOTE ON THE MATTER OF INTEREST, NOR BE PRESENT IN THE ROOM DURING THE VOTE, UNLESS THE VOTE IS BY SECRET BALLOT. ALL DISCLOSURES OF POTENTIAL CONFLICTS SHALL BE REFLECTED IN THE MINUTES OF THE MEETING. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR'S COMPENSATION WAS DETERMINED AT THE TIME OF HIRING BY THE HUMAN RESOURCES SUB-COMMITTEE OF THE EXECUTIVE COMMITTEE USING DATA FROM COMPARABLE NON-PROFITS IN THE AREA. THE EXECUTIVE COMMITTEE PERFORMS AN ANNUAL REVIEW OF THE EXECUTIVE DIRECTOR WHICH DETERMINES ANY CHANGES TO COMPENSATION. THIS REVIEW LAST OCCURRED ON JANUARY 23, 2018 COVERING THE JANUARY 1 DECEMBER 31, 2017 FISCAL YEAR. ADDITIONALLY, THE EXECUTIVE DIRECTOR PERFORMS AN ANNUAL REVIEW FOR ALL KEY STAFF. THE DESIGN OF THE EVALUATION MAY CHANGE ANNUALLY AND MAY OR MAY NOT INCLUDE REVIEW AND APPROVAL BY INDEPENDENT PERSONS, COMPARABILITY DATA, AND CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION. STAFF MERITS ARE APPROVED ON AN ANNUAL BASIS DURING THE BUDGETING PROCESS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION SUBMITS ANNUAL REPORTS TO THE MINNESOTA OFFICE OF THE ATTORNEY GENERAL AND THE CHARITIES REVIEW COUNCIL. THESE REPORTS ARE MADE AVAILABLE TO THE PUBLIC THROUGH THEIR OFFICES AND WEBSITES. ADDITIONALLY, THE ORGANIZATION PRODUCES AN ANNUAL REPORT WHICH DISCLOSES THE OPERATIONS OF THE YEAR. THE ORGANIZATION MAKES AVAILABLE TO THE PUBLIC COPIES OF OUR ANNUAL AUDITED FINANCIAL STATEMENTS, TAX FILINGS, CONFLICT OF INTEREST POLICY, AND OTHER GOVERNING DOCUMENTS UPON REQUEST.