2017-09-21T09:12:28-05:00 2016-12-31 450250958 EIDE BAILLY LLP 4310 17TH AVE S PO BOX 2545 FARGO ND 581082545 990 2016-01-01 456013464 Children's Village Family Service Foundation CHIL 7014514900 PO Box 9859 Fargo ND 581069859 Doug Vang President/CEO 7014514900 2017-09-19 1 LISA CHAFFEE CPA P00193453 7012398500 2017-09-19 198.135.124.111 2017-09-19 14:42:17 CD P 6C9B1A35775087DBDB8A6D25ECA509C7F6C27838 385FD7544B689D76E9DA9F221308BA92DD4DD75D 2016 2021-01-29 14:40:06Z Doug Vang PO Box 9859 Fargo ND 581069859 2612727 0 X www.thevillagefamily.org X 1957 ND To provide permanent support for the activities and programs of the Village Family Service Center. 8 8 0 8 -5256 -5256 565352 1479687 0 0 295068 102758 13157 623 873577 1583068 1007328 390586 0 0 0 0 0 0 0 24842 27664 1032170 418250 -158593 1164818 3918073 5249512 550301 604282 3367772 4645230 The Children's Village Family Service Foundation exists to provide permanent support for the activities and programs of The Village Family Service Center. 0 0 394965 390586 The Children's Village Foundation exists to provide permanent support for the activities and programs of The Village Family Service Center. 394965 1 1 0 0 0 0 0 0 0 1 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 12 0 1 0 0 0 0 0 0 0 0 0 0 0 X 8 8 1 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 MN X Stewart Hovde 7014514870 PO Box 9859 Fargo ND 58106 Greg Hammes Chairperson 2.00 X X 0 0 0 Matt Leiseth Vice Chairperson 2.00 X X 0 0 0 Carrie Bjorge Board Member 2.00 2.00 X 0 0 0 Earl Strinden Board Member 2.00 X 0 0 0 Al Erickson Board Member 2.00 2.00 X 0 0 0 Roger Reierson Board Member 2.00 X 0 0 0 Lyman Edds Board Member 2.00 2.00 X 0 0 0 Richard Henderson Board Member 2.00 2.00 X 0 0 0 Richard Hanson Board member (Through April 2016) 2.00 2.00 X 0 0 0 Dan Burling Board Member (Through April 2016) 2.00 X 0 0 0 Gary Wolsky President/CEO 2.00 40.00 X 0 153092 22701 Doug Vang President/CEO (December) 2.00 40.00 X 0 5962 932 Stewart Hovde Secretary/Treasurer 2.00 40.00 X 0 89944 22684 0 248998 46317 0 0 1 0 0 1479687 1072111 1479687 132566 -5256 137822 623 623 999851 1029659 -29808 -29808 -29808 1583068 0 -5256 108637 390586 390586 6323 6323 16962 16962 4334 4334 Dues 45 45 418250 394965 23285 0 85954 162258 2200 2200 1056575 0 1056575 1415500 2071573 1272387 792130 1142032 1164776 3918073 5249512 550301 604282 550301 604282 X 2220397 3126501 931478 1246925 215897 271804 3367772 4645230 3918073 5249512 1164818 112640 0 X 0 1 X 1 0 X X X 1 Village Family Service Center 450226423 7 1 390586 0 1 390586 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Part IV, Section C, Line 1: The board of the Children's Village Foundation consists of nine members. Of those nine members a total of 4 members also serve on the board of the Village Family Service Center. In addition to the board overlap the CEO and the Secretary/Treasurer of the Children's Village Foundation also serve as the CEO and the CFO of the Village Family Service Center. Other key individuals from the Village Family Service Center also regularly attend board meetings. The Children's Village Foundation has quarterly board meetings which include an update on the Village Family Service Center and presentation of the financial statements by the CFO. The Village Family Service Center has monthly board meetings which include an update on the status of the Children's Village Foundation which includes discussion on the performance of the investments held by the Children's Village Foundation, this information is presented by the CEO. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 215897 55907 12843 12843 271804 155547 60350 7030 7030 215897 100266 55281 10261 10261 155547 50107 50159 7827 7827 100266 0.00000 1.00000 0.00000 0 0 1056575 1056575 1056575 Dakota REIT 552910 F Mineral Rights 25220 F REIT Investment 214000 C 792130 Accrued Interest & Dividends Receivable 34776 Related Party Receivable 1130000 1164776 Annuities Payable 33491 Due to Village Family Service Center 570791 604282 X 1695708 112640 112640 1583068 0 1583068 418250 0 418250 0 418250 Part V, Line 4: The Foundation's endowment consists of approximately 18 individual funds established by donors to provide annual funding for specific activities and general operations. Part X, Line 2: The Foundation is annually required to file a Return of Organization Exempt from Income Tax (Form 990) with the IRS. In addition, the Foundation is subject to income tax on net income that is derived from business activities that are unrelated to their exempt purposes. The Foundation has determined it is subject to unrelated business income tax and has filed an Exempt Organization Business Income Tax Return (Form 990-T) with the IRS. The Foundation believes that it has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements. The Foundation would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred. 1 Village Family Service Center 1201 25th St So Fargo ND 58103 450226423 501(c)(3) 390586 Support Programs 1 0 Part I, Line 2: The Organization monitors the use of funds through members of the Board of Directors that also serve on the Board of Directors of the Village Family Service Center. Additionally the CEO and Secretary/Treasurer of the Childrens Village Family Service Foundation serve as the CEO and CFO of the Village Family Service Center. 0 0 0 0 0 0 0 0 0 Gary Wolsky President/CEO 0 150310 0 0 0 2782 0 0 0 24760 0 177852 0 0 Form 990, Schedule J, Part I, Line 3: Compensation is set by the Village Family Service Center, a related organization. Approval by the board or compensation committee of the Village Family Service Center is required to establish compensation. X 3 15536 FMV X 1 1056575 Appraisal 0 0 1 0 Form 990, Part VI, Section A, line 2 Stewart Hovde, Gary Wolsky, and Doug Vang each have a business relationship with each other, and the following individuals: Carrie Bjorge, Lyman Edds, Richard Henderson, Richard Hanson, and Al Erickson. Form 990, Part VI, Section A, line 8b There are no committees with the authority to act on behalf of the Board. Form 990, Part VI, Section B, line 11b The CFO, CEO, and staff accountant of the Village Family Service Center, a related organization, will review the Form 990 prior to it being distributed to the board members prior to it being filed. Form 990, Part VI, Section B, line 12c Individuals with a conflict, or potential conflict, will make this known to the appropriate Foundation individual at the earliest possible date. Board member conflicts are to be reported to the Chairperson of the Board of Directors of the Children's Village Family Service Foundation. Board members are asked to abstain from voting on any issues in which they have a conflict. Form 990, Part VI, Section C, line 19 The governing documents, conflict of interest policy, and financial statements are available upon request. Village Family Service Center PO Box 9859 Fargo ND 58106 450226423 Human Services ND 501(c)(3) Line 7 N/A 0 0 1 0 1 1 0 0 0 0 0 0 0 1 1 0 1 0 1 0