2017-05-11T12:15:15-05:00 2016-06-30 410746749 CLIFTONLARSONALLEN LLP 220 SOUTH SIXTH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2015-07-01 363558710 URBAN VENTURES LEADERSHIP FOUNDATION URBA 6126381000 2924 FOURTH AVENUE SOUTH MINNEAPOLIS MN 55408 THOMAS KROLAK FINANCE DIRECTOR 6126381000 2017-05-10 1 SARAH REICHLING P01587996 6123764500 2015 2021-01-29 14:40:06Z DAVE HAWN 2924 FOURTH AVENUE SOUTH MINNEAPOLIS MN 55408 4136682 0 X WWW.URBANVENTURES.ORG X 1987 MN EMPOWERING INDIVIDUALS AND STRENGTHENING FAMILIES TO TRANSFORM URBAN COMMUNITIES. 14 13 97 1000 107651 -52605 5284038 3459253 79175 115739 304 -186422 446424 309014 5809941 3697584 24700 0 0 0 2870140 3171640 55088 32200 436553 2329509 2032758 5279437 5236598 530504 -1539014 18983908 18154601 1409681 1848853 17574227 16305748 X URBAN VENTURES LEADERSHIP FOUNDATION IS COMMITTED TO ERADICATING URBAN POVERTY ONE PERSON, ONE FAMILY AT A TIME THROUGH PROGRAMS THAT DEVELOP INDIVIDUAL CHARACTER, STRENGTHEN FAMILIES AND PROVIDE EDUCATIONAL SUPPORT AND JOB READINESS. 0 0 1338915 0 61775 YOUTH PROGRAMS - URBAN VENTURES YOUTH PROGRAMS INCLUDE THE LEARNING LAB, HUB, URBAN STARS, AND ACT SIX. THE LEARNING LAB PROVIDES EDUCATION ENRICHMENT FOR READING, MATH, LANGUAGE ARTS, SCIENCE AND TECHNOLOGY FOR GRADES 1-8. THE YOUTH HUB OFFERS YEAR-ROUND PROGRAMS FOR TEENS THAT INCLUDE MENTORING, A RECORDING STUDIO, AND SERVICE LEARNING. BETWEEN THE LEARNING LAB AND YOUTH HUB MORE THAN 1000 YOUTH RECEIVED TUTORING AND MENTORING SUPPORT. URBAN STARS OFFERS YOUTH AGES 3-18 THE OPPORTUNITY TO BUILD CHARACTER THROUGH SOCCER OR BASKETBALL. 850 KIDS PARTICIPATED LAST YEAR. IN ADDITION THE ACT SIX COLLEGE SCHOLARSHIP PROGRAM PROVIDED 26 HIGH SCHOOL GRADUATES FULL TUITION, FULL NEED SCHOLARSHIPS TO LOCAL UNIVERSITIES. 946646 0 98965 CENTER FOR FATHERING - THE CENTER FOR FATHERING 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 PROGRAMS. CHILDCARE AND A MEAL ARE PROVIDED WITH EACH PROGRAM. THE PROGRAMS ARE OFFERED AT NO COST. OVER 1,000 PARENTS AND FATHERS PARTICIPATED IN NATIONALLY RECOGNIZED PARENTING CLASSES ON HOW TO BE A POSITIVE FORCE IN THEIR CHILDREN'S AND SPOUSE'S LIVES. READY?SET!WORK IS A PART OF CENTER FOR FATHERING PROGRAM. IT OFFERS MEN AND WOMEN JOB SKILLS TRAINING, RESUME WRITING, COMPUTER TRAINING, JOB SUPPORT, EMAIL AND PHONE ACCESS AND PERSONAL SUPPORT THROUGH FINDING, SECURING AND MAINTAINING A JOB. THE CENTER OFFERS MEN AND WOMEN (MANY WHO ARE FORMERLY INCARCERATED), WITH SUPERVISION AND STRUCTURE AS THEY RE-INTEGRATE INTO COMMUNITIES TO MAINTAIN HEALTHY LIFE-STYLES, ESTABLISH ACCEPTABLE LIVING ARRANGEMENTS AND FIND JOBS. MORE THAN 200 JOB SEEKERS FOUND EMPLOYMENT THROUGH READY?SET!WORK PROGRAM THAT GENERATED $5M IN WAGES IN 2016. 507822 0 17161 CITYKID ENTERPRISES - URBAN VENTURES SOCIAL ENTERPRISE INITIATIVE TO FIGHT FOOD INJUSTICE IN INNER-CITY NEIGHBORHOODS. ORGANIC PRODUCE IS GROWN AND DISTRIBUTED AT REASONABLE PRICES TO FAMILIES WHO NEED ACCESS TO HEALTHY FOOD AND NUTRITION EDUCATION. 52,000 LBS OF FRESH PRODUCE WAS DISTRIBUTED TO RESIDENTS WHO WOULD NOT OTHERWISE HAVE ACCESS TO WHOLESOME FOOD. 274306 0 228912 CITYKID JAVA - CITYKID JAVA IS A FOR PROFIT SUBSIDIARY OF URBAN VENTURES. THE MISSION IS TO DRIVE FUNDS TOWARD PROGRAMS AT URBAN VENTURES FOCUSED AROUND YOUTH. IN ADDITION CITYKID JAVA HELPS RAISE AWARENESS OF URBAN VENTURES AND THE PROGRAMS IT RUNS AND PROVIDES ANOTHER WAY FOR PEOPLE TO CONTRIBUTE TO ERADICATING URBAN POVERTY. 250732 0 1183 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. 95980 0 14261 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. 621018 0 244356 3414401 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 0 1 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 1 1 0 0 0 1 42 0 97 1 1 1 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 0 0 MN X X X THOMAS KROLAK 6125459802 2924 FOURTH AVENUE SOUTH MINNEAPOLIS MN 55408 TIMOTHY S CLARK CEO 39.00 1.00 X X 74455 0 18350 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 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 JON EISLE 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 JAMES GRUVER BOARD MEMBER 1.00 1.00 X 0 0 0 RICK HUCKLE BOARD MEMBER 1.00 1.00 X 0 0 0 TONY JONES BOARD MEMBER 1.00 1.00 X 0 0 0 JASON REED BOARD MEMBER 1.00 1.00 X 0 0 0 CHRIS ROBERTS BOARD MEMBER 1.00 1.00 X 0 0 0 THOMAS KROLAK FINANCE DIRECTOR 40.00 0.00 X 9969 0 31 CHRIS VANECEK SENIOR ACCOUNTANT 40.00 0.00 X 19634 0 1083 104058 0 19464 0 0 0 0 0 363845 320676 2774732 82654 3459253 PROGRAM FEES 611710 115739 115739 115739 -53282 59 -53341 306518 0 306518 306518 306518 133140 -133140 -133140 -133140 53851 363845 184907 -131056 -131056 228643 121051 107592 107592 MISCELLANEOUS INCOME 900099 25960 25960 25960 3697584 422257 107651 -291577 246395 54182 167699 24514 2429455 1608611 567432 253412 14188 9289 3491 1408 292326 176184 82962 33180 189276 117300 52142 19834 41551 41551 32200 32200 351679 156064 166883 28732 266785 214824 51961 227463 199000 18595 9868 98496 94379 4112 5 5259 3422 1837 65223 9044 56179 564822 497181 41413 26228 105932 52422 51594 1916 MEALS/ENTERTAINMENT 125621 107775 14159 3687 PROGRAM EXPENSES 98881 80277 18604 DUES AND FEES 78389 34447 42373 1569 2657 2657 5236598 3414401 1385644 436553 372277 68579 167214 157437 35000 77040 45037 21548 108 53673 91130 22659000 7852597 14926989 14806403 3365167 2950907 18983908 18154601 188189 211221 5032 1047111 1132600 174381 500000 1409681 1848853 X 15103637 14058922 575308 351544 1895282 1895282 17574227 16305748 18983908 18154601 X -1539014 376996 -106461 X 0 1 X 1 0 X 2149047 2732514 4358200 5284038 3459253 17983052 2149047 2732514 4358200 5284038 3459253 17983052 3416147 14566905 153519 189941 343970 297526 253236 1238192 3048 43440 38063 82464 25960 192975 19414219 2184508 0.75030 0.77950 X SCHEDULE A, PART II: CHANGE IN ACCOUNTING PERIOD THE ORGANIZATION IS FILING A SHORT YEAR RETURN AS A RESULT OF A CHANGE IN THEIR FISCAL YEAR-END. SCHEDULE A, PART II, COLUMN (C) IS COMBINED FOR THE 18 MONTH PERIOD ENDED JUNE 30, 2014 TO REFLECT THE CHANGE IN YEAR END FROM DECEMBER 31, 2013 TO JUNE 30, 2014. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2827870 -186422 133477 2507971 1906157 1000000 15213 93500 2827870 1942650 60507 97000 1906157 1741750 290077 89177 1942650 1645178 187336 90764 1741750 0.37240 0.62760 0.00000 1 0 2545007 2545007 18039279 5889279 12150000 2074714 1963318 111396 14806403 INVESTMENT IN OKABENA-ENDOWMENT 2507971 F INVESTMENT IN MPLS FDN-ENDOWMENT 25277 F INVESTMENT IN SUBSIDIARIES 417659 F 2950907 LINE OF CREDIT 500000 500000 X 4048819 351235 351235 3697584 0 3697584 5613226 -1335 377963 376628 5236598 0 5236598 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 85,277. COST OF GOOD SOLD 121,051. SPECIAL EVENT EXPENSE IN EXCESS OF DIRECT DONOR BENEFIT 184,907. ELIMINATING ENTRIES -40,000. PART XII, LINE 2D - OTHER ADJUSTMENTS: RELATED ENTITY EXPENSES REPORTED ON SEPARATE RETURN 112,005. COST OF GOOD SOLD 121,051. SPECIAL EVENT EXPENSE IN EXCESS OF DIRECT DONOR BENEFIT 184,907. ELIMINATING ENTRIES -40,000. X X X X X X X 1 MARGARET MILES 3904 UPTON AVE S MINNEAPOLIS MN 55410 GRANT WRITER 0 10000 17450 0 REBECCA BACHMAN 4041 XERXES AVE S MINNEAPOLIS MN 55410 GRANT WRITER 0 0 14750 0 10000 32200 MN FALL DINNER 292244 252143 40101 45224 50039 62894 GOLF EVENT 125452 111702 13750 22850 3900 417696 363845 53851 68074 50039 66794 184907 -131056 X 8 82654 SALE VALUE 0 0 1 0 PART I, COLUMN (B): NUMBER OF CONTRIBUTORS FORM 990, PART I, LINE 19 URBAN VENTURES' YOY DECLINE IN REVENUE IS PRIMARILY ATTRIBUTABLE TO THE EXPIRATION OF A SUBSTANTIAL FEDERAL GRANT THE ORGANIZATION HAD BEEN RECEIVING FOR ONE OF ITS PROGRAMS FOR THE PREVIOUS 4 YEARS. THE ORGANIZATION HAS CONTINUED TO EXPAND ITS DONOR BASE TO OFFSET SOME OF THE REVENUE LOSS, WHILE ALSO PARING DOWN OPERATING EXPENSES. 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 11 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 15A 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 XI, LINE 9: CHANGE IN INVESTMENT VALUE OF SUBSIDIARY -106,461. CITYKID JAVA 2924 FOURTH AVENUE SOUTH MINNEAPOLIS MN 55408 161634275 COFFEE SALES MN 228911 -434444 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 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 1 0