2018-03-14T16:04:35-05:00 2017-06-30 410746749 CLIFTONLARSONALLEN LLP 220 SOUTH SIXTH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2016-07-01 363558710 URBAN VENTURES LEADERSHIP FOUNDATION URBA 6126381000 2924 FOURTH AVENUE SOUTH MINNEAPOLIS MN 55408 DAVID HAWN CEO 6126381000 2018-03-05 1 SARAH REICHLING P01587996 6123764500 67.137.57.251 2018-03-05 08:54:15 CS P EB257C677C23210A1BABF3CC3C8E15734A982BF5 A37B929B3C4A007685C3DE6C1AE4373EFC622F4E 2016 2021-01-29 14:40:06Z SCOTT ANDERSON 2924 FOURTH AVENUE SOUTH MINNEAPOLIS MN 55408 5390220 0 X WWW.URBANVENTURES.ORG X 1987 MN TO EDUCATE KIDS, STRENGTHEN THEIR FAMILIES, AND BUILD A HEALTHY COMMUNITY. 14 13 121 878 98 0 3459253 4499850 115739 72091 -186422 225620 309014 487634 3697584 5285195 0 0 0 0 3171640 3224488 32200 0 326564 2032758 1889779 5236598 5114267 -1539014 170928 18154601 17245037 1848853 1216020 16305748 16029017 X URBAN VENTURES LEADERSHIP FOUNDATION ENVISIONS A CITY WITHOUT POVERTY BY EDUCATING KIDS, STRENGTHENING THEIR FAMILIES, AND BUILDING HEALTHY COMMUNITIES. 0 1 1901793 0 459416 YOUTH PROGRAMS - URBAN VENTURES YOUTH PROGRAMS INCLUDE THE URBAN VENTURES YOUTH CENTER; UV ATHLETICS; AND UV COLLEGE & CAREER CENTER. THE UV YOUTH CENTER PROVIDES EDUCATION ENRICHMENT FOR READING, MATH, LANGUAGE ARTS, SCIENCE AND TECHNOLOGY FOR GRADES 1-8. THE YOUTH CENTER OFFERS YEAR-ROUND PROGRAMS FOR TEENS THAT INCLUDE MENTORING, A RECORDING STUDIO, AND SERVICE LEARNING. UV YOUTH CENTER SERVES MORE THAN 1000 YOUTH RECEIVED TUTORING AND MENTORING SUPPORT. URBAN VENTURES ATHLETICS OFFERS YOUTH AGES 3-18 THE OPPORTUNITY TO BUILD CHARACTER THROUGH SOCCER OR BASKETBALL. 850 KIDS PARTICIPATED LAST YEAR. THE UV COLLEGE & CAREER CENTER PROVIDED 26 HIGH SCHOOL GRADUATES FULL TUITION, FULL NEED SCHOLARSHIPS TO MINNESOTA UNIVERSITIES, AND PROVIDED CRITICAL INFORMATION ABOUT COLLEGE ACCESS AND READINESS TO HUNDREDS MORE ACROSS THE TWIN CITIES. 750156 0 323796 CITYKID ENTERPRISES - URBAN VENTURES SOCIAL ENTERPRISE INITIATIVE TO FIGHT FOOD INJUSTICE IN INNER-CITY NEIGHBORHOODS, PROVIDING BOTH ACCESS TO HEALTHY FOOD AND INFORMATION ABOUT NUTRITIOUS FOOD PREPERATION. ORGANIC PRODUCE IS GROWN AND DISTRIBUTED AT REASONABLE PRICES TO FAMILIES WHO NEED ACCESS TO HEALTHY FOOD AND NUTRITION EDUCATION. 686402 0 339077 THE CENTER FOR FAMILIES OFFERS GUIDANCE AND SUPPORT GROUPS WITH CURRICULUM FOR RESPONSIBLE PARENTING, HEALTHY RELATIONSHIPS/MARRIAGE, AND SUPPORT IN NAVIGATING HOUSING, EMPLOYMENT, AND PEER MENTORING. MEN AND WOMEN ARE WELCOME TO ATTEND. CHILDCARE AND A MEAL ARE PROVIDED WITH EACH PROGRAM. THE PROGRAMS ARE OFFERED AT NO COST. OVER 1000 PARENTS AND FATHERS PARTICIPATED IN NATIONALLY RECOGNIZED PARENTING CLASSES ON HOW TO BE A POSITIVE FORCE IN THEIR CHILDREN'S AND SPOUSES LIVES. 310546 0 5954 SIEMPRE PADRES - SIEMPRE PADRES BUILDS STRONG AND HEALTHY RELATIONSHIPS AMONG FAMILY MEMBERS. TAUGHT ENTIRELY IN SPANISH, THE PROGRAM EMPHASIZES BUILDING PERSONAL CHARACTER, PARENTAL RELATIONSHIPS, AND EFFECTIVE PARENTING. WHILE PARENTS ATTEND CLASS THEIR CHILDREN ALSO LEARN ABOUT THE SAME TOPICS IN AN AGE-APPROPRIATE WAY LED BY STAFF AND VOLUNTEERS. OVER 700 PARENTS PARTICIPATED IN SIEMPRE PADRES THIS PAST YEAR. 283453 0 16113 OUTREACH - OUTREACH INCLUDES STUDIO 180 WHICH TAKES WHAT WE'VE LEARNED AT URBAN VENTURES-THE SUCCESSES AND FAILURES- AND SHARES IT WITH THOSE WHO ARE COMMITTED TO URBAN RENEWAL IN OTHER CITIES AROUND THE GLOBE. THE PROGRAM IS DESIGNED TO LISTEN AND DISCUSS THE ROADBLOCKS IN A STUDIO OR "LABORATORY" SETTING. THE PROGRAM COMBINES THE HINDSIGHT AND INSIGHT OF URBAN VENTURES TO GIVE OTHERS THE FORESIGHT TO CREATE POSITIVE CHANGE IN THEIR COMMUNITIES. 593999 0 22067 3932350 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 63 0 1 121 1 0 0 0 0 0 1 1 0 0 0 0 X 14 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MN X X CYNTHIA RABBITT 6126381000 2924 FOURTH AVENUE SOUTH MINNEAPOLIS MN 55408 DAVID HAWN STARTED 9116 CEO 39.00 1.00 X X 34058 0 11125 SCOTT ANDERSON CHAIR 2.00 2.00 X X 0 0 0 GAYLEN KNACK SECRETARY 1.00 1.00 X X 0 0 0 ROY FERBER TREASURER 2.00 2.00 X X 0 0 0 RICK HUCKLE VICE CHAIR 1.00 1.00 X X 0 0 0 TIKKI BROWN BOARD MEMBER 1.00 1.00 X 0 0 0 ANN FOLKMAN BOARD MEMBER 1.00 1.00 X 0 0 0 SHANNON FOREMAN BOARD MEMBER 1.00 1.00 X 0 0 0 EDWIN GAGE BOARD MEMBER 1.00 1.00 X 0 0 0 JOYCE GILL BOARD MEMBER 1.00 1.00 X 0 0 0 DENNIS GOULD BOARD MEMBER 1.00 1.00 X 0 0 0 KATHRYN GRAVES UNGER BOARD MEMBER 1.00 1.00 X 0 0 0 CARRIE PLACK BOARD MEMBER 1.00 1.00 X 0 0 0 JASON REED BOARD MEMBER 1.00 1.00 X 0 0 0 THOMAS KROLAK UNTIL 51917 FINANCE DIRECTOR 40.00 0.00 X 81280 0 6374 CYNTHIA RABBITT STARTED 62617 FINANCE DIRECTOR 40.00 0.00 X 0 0 0 115338 0 17499 0 0 0 0 0 277308 846044 33862 3342636 1868 4499850 PROGRAM FEES 611710 72091 72091 72091 1689 98 1591 105114 105114 348145 0 348145 348145 348145 223931 0 223931 223931 223931 50500 277308 105025 -54525 -54525 MISCELLANEOUS INCOME 900099 88900 88900 88900 5285195 420236 98 365011 X 277127 25445 114522 137160 2458527 2123082 229019 106426 14909 10626 3870 413 290542 256902 20799 12841 183383 115426 52608 15349 31868 31868 524158 272334 228697 23127 149496 118061 31435 29749 29749 175789 147285 28504 45383 41450 3036 897 26618 26418 200 76485 47327 29158 526078 505372 12679 8027 93409 78953 14456 MEALS/ENTERTAINMENT 80479 57223 10726 12530 PROGRAM EXPENSES 78617 64611 14006 0 DUES AND FEES 51650 12086 29970 9594 5114267 3932350 855353 326564 68579 473222 157437 63686 35000 45037 85390 108 91130 26187 22838125 8378675 14806403 14459450 2950907 2137102 18154601 17245037 211221 176899 5032 1132600 1039121 500000 0 1848853 1216020 X 14058922 14133735 351544 0 1895282 1895282 16305748 16029017 18154601 17245037 X 170928 -30000 -417659 X 0 1 X 1 0 X 2732514 4358200 5284038 3459253 4499850 20333855 2732514 4358200 5284038 3459253 4499850 20333855 3689527 16644328 189941 343970 297526 253236 454948 1539621 43440 38063 82464 25960 88900 278827 22152303 2036231 0.75140 0.75030 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2507971 225620 597564 2136028 2827870 -186422 133477 2507971 1906157 1000000 15213 93500 2827870 1942650 60507 97000 1906157 1741750 290077 89177 1942650 0.11270 0.88730 0.00000 1 0 2545007 2545007 18216854 6378755 11838099 2076264 1999920 76344 14459450 INVESTMENT IN OKABENA-ENDOWMENT 2136028 F INVESTMENT IN MPLS FDN-ENDOWMENT 1074 F 2137102 X 4584262 175053 175053 4409209 875986 875986 5285195 5273222 158955 158955 5114267 0 5114267 PART V, LINE 4: PROVIDE OPERATIONAL FUNDS BY YEARLY BOARD DESIGNATED DRAW. PART X, LINE 2: URBAN VENTURES LEADERSHIP FOUNDATION IS EXEMPT FROM FEDERAL TAXES ON RELATED INCOME UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION HAS BEEN DESIGNATED AS A PUBLICLY SUPPORTED ORGANIZATION UNDER SECTION 170 OF THE SAME CODE. ACCORDINGLY, CONTRIBUTIONS QUALIFY FOR DEDUCTION TO THE EXTENT PROVIDED IN THAT CODE. ALSO, UVLF OPPORTUNITIES, INC. IS EXEMPT FROM FEDERAL TAXES ON RELATED INCOME UNDER SECTION 501(C)(2) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION IS ALSO EXEMPT FROM STATE INCOME TAX ON RELATED INCOME. CITYKID JAVA, LLC. IS A DISREGARDED ENTITIY FOR INCOME TAX PURPOSES. THE ORGANIZATION FOLLOWS APPLICABLE ACCOUNTING STANDARDS FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ORGANIZATION'S CONSOLIDATED FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RELATED ENTITY REVENUE REPORTED ON SEPARATE RETURN 70,028. SPECIAL EVENT EXPENSE 105,025. PART XI, LINE 4B - OTHER ADJUSTMENTS: CONTRIBUTION FROM UVO 846,044. ELIMINATING ENTRIES 29,942. PART XII, LINE 2D - OTHER ADJUSTMENTS: RELATED ENTITY EXPENSES REPORTED ON SEPARATE RETURN 53,930. SPECIAL EVENT EXPENSE 105,025. FALL DINNER 224539 191539 33000 48417 9541 6076 13940 GOLF EVENT 87905 70405 17500 21406 2441 1 15364 15364 1956 1248 327808 277308 50500 69823 11497 6076 17629 105025 -54525 FORM 990, PART III, LINE 3 IN 2016, URBAN VENTURES SOLD OPERATIONS OF CITYKID JAVA. URBAN VENTURES NOW WORKS UNDER A ROYALTY AGREEMENT WITH CITYKID JAVA RELATING TO THEIR COFFEE SALES. FORM 990, PART VI, SECTION A, LINE 1 THE ORGANIZATION'S EXECUTIVE COMMITTEE CONSISTS OF THE CHAIR, VICE CHAIR, SECRETARY AND TREASURER OF THE BOARD. THE EXECUTIVE COMMITTEE SHALL ACT DURING INTERVALS OF MEETINGS OF THE BOARD AND IS SUBJECT TO CONTROL AND DIRECTION OF THE BOARD. THE EXECUTIVE COMMITTEE DOES MAINTAIN THE AUTHORITY OF POWERS OF THE BOARD AS DELEGATED FROM TIME TO TIME. THE EXECUTIVE COMMITTEE DOES NOT HAVE THE POWER TO ELECT DIRECTORS OR TO AMEND THE ARTICLES OF INCORPORATION OR BYLAWS. FORM 990, PART VI, SECTION B, LINE 11B ONCE THE 990 IS PREPARED A MEETING WILL BE SCHEDULED WITH THE FINANCE COMMITTEE TO REVIEW THE 990. THEY WILL BE EMAILED THE 990 AT LEAST 4 DAYS BEFORE THE MEETING TO REVIEW IT. DURING THE MEETING MEMBERS WILL HAVE THE ABILITY TO ASK QUESTIONS OF THE FINANCE DIRECTOR AND PROPOSE ANY CHANGES. ONCE THE CHANGES ARE MADE THE COMMITTEE WILL PASS A RESOLUTION TO PRESENT THE 990 TO THE FULL BOARD. THE FULL BOARD WILL THEN HAVE A CHANCE TO REVIEW THE 990 AND PROPOSE ANY CHANGES. ONCE THE BOARD IS SATISFIED WITH THE 990 THEY WILL VOTE TO APPROVE THE 990 FORM AND GIVE THEIR PERMISSION TO SUBMIT IT. FORM 990, PART VI, SECTION B, LINE 12C THE POLICY IS MONITORED THROUGH A REVIEW OF THE CONFLICT OF INTEREST QUESTIONNAIRE PROVIDED TO BOARD AND OFFICERS ANNUALLY. THIS POLICY REQUIRES BOARD MEMBERS TO REPORT ANY CONFLICT OF INTEREST IMMEDIATELY TO THE CEO OR BOARD CHAIR. ANY BOARD MEMBER THAT HAS A CONFLICT OF INTEREST REGARDING A BOARD DECISION MAY NOT VOTE ON THAT DECISION, AND THEIR PRESENCE DOES NOT COUNT TOWARDS THE QUORUM REQUIREMENT. THE CONFLICT WILL ALSO BE DOCUMENTED. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTOR'S DETERMINES THE COMPENSATION OF THE CEO. THEY ARE ADVISED BY THE HEAD OF HR AND ALSO USE 3RD PARTY INFORMATION SUCH AS THE MN COUNCIL OF NON-PROFITS SALARY DATABASE TO DETERMINE THE APPROPRIATE COMPENSATION VALUE. THE CEO'S PAY IS DISUSSED AT A BOARD MEETING WITHOUT THE CEO PRESENT AND ANY CHANGES ARE DOCUMENTED IN THE BOARD MINUTES. THIS PROCESS WAS LAST REVIEWED IN 2016. THE COMPENSATION FOR OTHER OFFICERS IS DETERMINED BY THE CEO AND HEAD OF HR. THEY USE PERFORMANCE DATA AS WELL AS 3RD PARTY DATA SUCH AS FROM THE MN COUNCIL OF NON-PROFITS SALARY DATABASE TO PERFORM YEARLY REVIEWS OF COMPENSATION. THIS PROCESS WAS LAST REVIEWED IN 2016. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING AND OTHER FEES: PROGRAM SERVICE EXPENSES 272,334. MANAGEMENT AND GENERAL EXPENSES 228,697. FUNDRAISING EXPENSES 23,127. TOTAL EXPENSES 524,158. FORM 990, PART XI, LINE 9: CHANGE IN INVESTMENT VALUE OF SUBSIDIARY -417,659. LA HACIENDA CONDO ASSOCIATION 334 E LAKE STREET MINNEAPOLIS MN 55408 PROPERTY LEASED TO TENANTS MN 0 0 CONDO ASSOCIATION CITY KID JAVA 2924 FOURTH AVENUE SOUTH MINNEAPOLIS MN 55408 COFFEE SALES MN 0 0 URBAN VENTURES LEADERSHIP FOUNDATION UVLF OPPORTUNITIES INC 3041 FOURTH AVENUE SOUTH MINNEAPOLIS MN 55408 300516328 REAL ESTATE MN 501(C)(2) N/A URBAN VENTURES LEADERSHIP FOUNDATION 1 0 0 1 0 0 0 0 0 0 0 0 1 0 1 1 0 0 1 0 URBAN VENTURES LEADERSHIP FOUNDATION OPPORTUNITIES C 846044 CASH TRANSFERRED