2014-11-12T13:55:44-06:00 2014-06-30 410746749 CLIFTONLARSONALLEN LLP PO BOX 217 AUSTIN MN 55912 990 2013-07-01 411379713 CHANNEL ONE INC CHAN 5072872350 131 35TH STREET SE ROCHESTER MN 55904 JENNIFER WOODFORD EXECUTIVE DIRECTOR 5072872350 2014-11-05 1 CRAIG POPENHAGEN P01587689 5074347000 2014-10-24 2013 2015-11-30 17:44:51Z JENNIFER WOODFORD 131 35TH STREET SE ROCHESTER MN 55904 15175178 0 X WWW.HELPINGFEEDPEOPLE.ORG X 1980 MN TO WORK IN PARTNERSHIP WITH OTHERS TO HELP FEED PEOPLE IN NEED. 15 15 44 2355 0 0 13302268 13787165 1355777 1326528 7226 5210 36718 32045 14701989 15150948 0 0 0 0 1280486 1279301 0 0 278840 12793065 14199592 14073551 15478893 628438 -327945 5735775 6261279 151192 1002064 5584583 5259215 X WORKING WITH OTHERS TO HELP FEED PEOPLE IN NEED. TO COLLECT DONATED AND SURPLUS FOOD THAT WOULD OTHERWISE GO TO WASTE AND DISTRIBUTE IT TO THOSE IN NEED. 0 0 13613151 1326528 CHANNEL ONE FOOD BANK: PROVIDES FOOD AND NON-FOOD PRODUCT TO APPROXIMATELY 183 PROGRAMS PROVIDED BY APPROXIMATELY 114 NONPROFIT 501(C)(3) AGENCIES THAT FEED PEOPLE AS PART OF THEIR PROGRAM SERVICES MISSION. DURING THE YEAR ENDED JUNE 30, 2014, CHANNEL ONE FOOD BANK RECEIVED IN 8,955,577 GROSS POUNDS OF FOOD AND NON-FOOD ITEMS AND DISTRIBUTED 8,907,983 POUNDS TO AGENCIES IN 13 COUNTIES IN SOUTHERN MINNESOTA AND LA CROSSE COUNTY, WI. WE ALSO PROVIDED 241,212 POUNDS OF FOOD ITEMS TO OTHER AFFILIATED FOOD BANKS, FOR A TOTAL OF 9,149,195 POUNDS OF FOOD DISTRIBUTED THROUGH THE FOOD BANK. CHANNEL ONE IS DEPENDENT ON GENEROUS FOOD DONATIONS. THE VALUE OF THOSE DONATIONS IS SET PER POUND NATIONALLY ON AN ANNUAL BASIS; CURRENTLY IT IS SET AT $1.72. WHEN CHANNEL ONE RECEIVES A FOOD (CONTINUED ON SCHEDULE O) (CHANNEL ONE FOOD BANK CONTINUED) DONATION, OUR REVENUE IS CREDITED $1.72 PER POUND. WHEN CHANNEL ONE DISTRIBUTES FOOD, OUR EXPENSE IS CHARGED $1.72 PER POUND. THIS YEAR CHANNEL ONE'S TOTAL DISTRIBUTION EXCEEDED THE TOTAL AMOUNT OF FOOD RECEIVED, CONTRIBUTING TO A DECREASE IN NET ASSETS. THIS DECREASE IN NET ASSETS REFLECTS DONATED FOOD RECEIPT AND DISTRIBUTION, NOT AN ACTUAL FINANCIAL LOSS. 486074 COMMODITY SUPPLEMENTAL FOOD PROGRAM: MONTHLY DISTRIBUTION OF GOVERNMENT SURPLUS COMMODITY FOOD PACKAGES TO 2 DIFFERENT AT-RISK POPULATIONS-MOTHERS AND CHILDREN (MAC) AND NUTRITION ASSISTANCE PROGRAM FOR SENIORS (NAPS) PROVIDED FOOD PACKAGES TO THE 13 COUNTY SERVICE AREA IN MINNESOTA AND DISTRIBUTED 16,843 PACKAGES IN THE YEAR ENDED JUNE 30, 2014. 450706 SUPPLEMENTAL FOOD SHELF: PROVIDES A MONTHLY DISTRIBUTION OF FOOD AND NON-FOOD ITEMS, INCLUDING GOVERNMENT COMMODITIES TO LOW-INCOME OLMSTED COUNTY RESIDENTS. PROVIDED AN APPROXIMATELY 5-DAY SUPPLY OF FOOD ITEMS TO 10,816 REGISTERED HOUSEHOLDS WHO PARTICIPATE IN THIS MONTHLY DISTRIBUTION. IN TOTAL, THERE WERE 39,755 HOUSEHOLD VISITS DURING THE LAST FISCAL YEAR ENDED JUNE 30, 2014. 149060 BACK PACK PROGRAM: PROVIDES FOOD FOR THE WEEKENDS TO 1,355 DIFFERENT STUDENTS IN 28 ELEMENTARY AND MIDDLE SCHOOLS IN OUR COMMUNITIES. DURING THE 2013-14 SCHOOL YEAR, AS WELL AS IN THE SUMMER MONTHS, CHANNEL ONE, ALONG WITH HELP FROM 24 COMMUNITY GROUPS WHO HELP PACK THE FOOD, DISTRIBUTED 150,956 POUNDS OF FOOD TO STUDENTS IN NEED. ONCE PER WEEK, VOLUNTEERS PICK UP FOOD FROM CHANNEL ONE FOOD BANK, PACK THE BACKPACKS AND THEN DELIVER THE BACKPACKS FILLED WITH FOOD TO THE SCHOOLS WE SERVE. THE SCHOOLS THEN HAND OUT THE BACKPACKS TO QUALIFIED CHILDREN EACH FRIDAY. ON MONDAYS, THE STUDENTS RETURN THE EMPTY BACKPACKS AND WE BEGIN TO PREPARE FOR THE FOLLOWING WEEKEND. PROGRAM QUALIFICATION IS BASED ON ELIGIBILILTY FOR FREE AND REDUCED PRICE LUNCHES AS IDENTIFIED BY THE SCHOOLS. 21557 MOBILE PANTRY: DELIVERS FOOD MONTHLY TO LOW-INCOME INDIVIDUALS IN SIX TOWNS IN THREE COUNTIES IN SOUTHEAST MINNESOTA AND LA CROSSE COUNTY, WISCONSIN. IN 2013-14 THE MOBILE FOOD PANTRY DISTRIBUTED 445,935 POUNDS OF FOOD TO INDIVIDUALS AND FAMILIES IN NEED OF FOOD ASSISTANCE. 5289 GREEN GARDEN PROGRAM: PROVIDES GARDEN PLOTS, WATER AND PLOWING TO INCOME-ELIGIBLE PARTICIPANTS. FOOD SHELF CUSTOMERS BENEFITTED FROM 106 PREPARED PLOTS AND TECHNICAL ASSISTANCE WHEN NEEDED DURING THE FISCAL YEAR ENDED JUNE 30, 2014. 175906 14725837 1 0 0 0 0 0 0 0 0 1 1 1 0 1 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 8 0 44 1 0 0 0 0 0 1 1 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MN WI X X X SHERRY KULAS 5074241739 131 35TH STREET SE ROCHESTER MN 55904 MARCO WAGEMAN CORPORATE OFFICER (PART YEAR) 0.30 X X 0 0 0 MARCO WAGEMAN BOARD CHAIR (PART YEAR) 0.30 X X 0 0 0 KIMBERLY SPORS CORPORATE OFFICER (PART YEAR) 0.30 X X 0 0 0 RICK LIEN CORPORATE OFFICER (PART YEAR) 0.30 X X 0 0 0 RICK LIEN SECRETARY (PART YEAR) 0.30 X X 0 0 0 BEN JOHNSON BOARD CHAIR (PART YEAR) 0.30 X X 0 0 0 BEN JOHNSON VICE CHAIR (PART YEAR) 0.30 X X 0 0 0 TOM KELLY CORPORATE OFFICER (PART YEAR) 0.30 X X 0 0 0 HAROLD BURDEN DIRECTOR (PART YEAR) 0.30 X 0 0 0 KIMBERLY SPORS DIRECTOR (PART YEAR) 0.30 X 0 0 0 JOHN BEATTY DIRECTOR 0.30 X 0 0 0 TOM ALESHIRE DIRECTOR 0.30 X 0 0 0 JIM BRESSI VICE CHAIR (PART YEAR) 0.30 X X 0 0 0 JIM BRESSI DIRECTOR (PART YEAR) 0.30 X 0 0 0 JANE HARDWICK DIRECTOR (PART YEAR) 0.30 X 0 0 0 RABBI MICHELLE WERNER DIRECTOR (PART YEAR) 0.30 X 0 0 0 TOM KELLY DIRECTOR (PART YEAR) 0.30 X 0 0 0 DIANE LUND SECRETARY (PART YEAR) 0.30 X X 0 0 0 DIANE LUND DIRECTOR (PART YEAR) 0.30 X 0 0 0 BOB JOHNSTON DIRECTOR 0.30 X 0 0 0 CRAIG KOENIG DIRECTOR 0.30 X 0 0 0 NICK LEIMER DIRECTOR 0.30 X 0 0 0 ANNE AGER DIRECTOR (PART YEAR) 0.30 X 0 0 0 SUSAN AHLQUIST DIRECTOR (PART YEAR) 0.30 X 0 0 0 PASTOR PAUL BAUCH DIRECTOR (PART YEAR) 0.30 X 0 0 0 MARK ONDERAK DIRECTOR (PART YEAR) 0.30 X 0 0 0 JENNIFER WOODFORD EXECUTIVE DIRECTOR 40.00 X 84898 0 1500 SHERRY KULAS FINANCE DIRECTOR 30.00 X 51978 0 3247 136876 0 4747 0 0 0 0 0 130848 990 1401089 12254238 11497496 13787165 PURCHASE PROGRAM 624200 1093522 1093522 SHARED MAINTENANCE FEES 624200 123153 123153 DELIVERY CHARGE 624200 84355 84355 SALES TO FOOD BANKS 624200 25498 25498 1326528 4929 4929 20969 200 20888 0 81 200 281 281 30934 990 3342 27592 27592 MISCELLANEOUS INCOME 900099 4453 4453 4453 15150948 1326528 0 37255 141623 141623 927743 663746 144821 119176 131598 81682 35250 14666 78337 48623 20984 8730 750 750 25748 25748 3051 586 1072 1393 196015 65031 19453 111531 120290 103730 16560 12864 2288 10311 265 5461 1049 1918 2494 162342 142192 20150 23278 16960 6306 12 DISTRIBUTED PRODUCT 13397576 13397576 TRUCKING AND FREIGHT 102156 101189 831 136 REPAIRS AND MAINTENANCE 45740 40310 3975 1455 RENT EXPENSE 35814 31244 2816 1754 68507 29631 21648 17228 15478893 14725837 474216 278840 586486 585072 325687 257881 305951 472492 138465 102830 1255753 716702 33834 36139 4830275 1944655 1699037 2885620 813238 611934 577324 592609 5735775 6261279 151192 416427 0 950 0 584687 151192 1002064 X 4244679 3922116 754891 749509 585013 587590 5584583 5259215 5735775 6261279 -327945 2577 0 X X 0 1 X 1 1 1 X 10735241 11391938 11083406 13302268 13787165 60300018 10735241 11391938 11083406 13302268 13787165 60300018 60300018 13245 14382 9369 7144 4929 49069 2994 1229 4453 8676 60357763 5922978 0.99900 0.99870 X 10000 10000 10000 10000 10000 10000 10000 1000 10000 10000 1.00000 1 0 173755 173755 2391123 1161376 1229747 560530 473771 86759 1704867 309508 1395359 2885620 GREENWAY PATRONAGE DIVIDENDS 1597 C CERTIFICATE OF DEPOSITS 609333 C STOCK 1004 C 611934 BENEFICIAL INTEREST IN PERPETUAL TR 569890 CHANNEL ONE ENDOWMENT FUND 10000 LOAN ORIGINATION FEES 12719 592609 X 15156867 2577 3342 5919 15150948 0 15150948 15482235 3342 3342 15478893 0 15478893 PART V, LINE 4: THE ENDOWMENT WAS ESTABLISHED TO PROVIDE FUTURE INCOME FOR OPERATING AND OR CAPITAL EXPENDITURES. PART X, LINE 2: CHANNEL ONE, INC. IS A NONPROFIT MINNESOTA CORPORATION AND AS SUCH IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, THE ORGANIZATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). THE ORGANIZATION HAS EVALUATED ITS TAX POSITIONS AND HAS DETERMINED THAT IT HAS NO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2014. GENERALLY, THE ORGANIZATION'S TAX FILINGS ARE OPEN FOR REVIEW FOR UP TO SIX YEARS AFTER FILING. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES REPORTED ON PART VIII, LINE 8B 3,342. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES REPORTED ON PART VIII, LINE 8B 3,342. EMPTY BOWLS 31924 990 30934 800 2542 31924 990 30934 800 2542 3342 27592 X 20 20888 STOCK MARKET VALUE X 3922 11464608 MARKET VALUE X FORKLIFT 1 12000 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 WAS REVIEWED BY THE BOARD AND FINANCE COMMITTEE PRIOR TO ITS FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE EXISTENCE OF ANY OF THE NATURES OF CONFLICTING INTERESTS SHALL BE DISCLOSED BEFORE ANY TRANSACTION IS CONSUMMATED. IT IS THE CONTINUING RESPONSIBILITY OF THE BOARD, OFFICERS, AND MANAGEMENT EMPLOYEES TO SCRUTINIZE THEIR TRANSACTIONS AND OUTSIDE BUSINESS INTERESTS AND RELATIONSHIPS FOR POTENTIAL CONFLICTS AND TO IMMEDIATELY MAKE SUCH DISCLOSURES. DISCLOSURES IN THE ORGANIZATION ARE MADE TO THE EXECUTIVE DIRECTOR WHO SHALL BRING THE MATTER TO THE BOARD. IF THE EXECUTIVE DIRECTOR HAS THE CONFLICT, DISCLOSURE IS MADE TO THE BOARD CHAIR, WHICH WILL THEN BRING THE MATTER TO THE BOARD. DISCLOSURE INVOLVING BOARD MEMBERS ARE MADE TO THE BOARD CHAIR, OR IF HE/SHE HAS THE CONFLICT, THEN TO THE BOARD VICE-CHAIR, WHO WILL BRING THE MATTER TO THE BOARD. THE POLICY COVERS ALL DIRECTORS AND OFFICERS, AND ALL EMPLOYEES WHO CAN INFLUENCE THE ACTIONS OF CHANNEL ONE (I.E., MAKING PURCHASING DECISIONS, MANAGEMENT PERSONNEL, AND ANYONE WHO HAS PROPRIETARY INFORMATION CONCERNING CHANNEL ONE). DETERMINATIONS OF WHETHER A CONFLICT EXISTS ARE MADE AT THE BOARD LEVEL. IF A CONFLICT EXISTS, THE BOARD WILL DETERMINE WHETHER THE CONTEMPLATED TRANSACTION MAY BE AUTHORIZED. ACTUAL CONFLICTS ARE REVIEWED AT THE BOARD LEVEL. PERSONS WITH A CONFLICT ARE EXCLUDED FROM THE DISCUSSION AND APPROVAL OF SUCH TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION'S PROCESS TO DETERMINE THE COMPENSATION OF TOP MANAGEMENT OFFICIALS AND OFFICERS INCLUDES A REVIEW OF COMPARABILITY DATA AND SUBSTANTIATION OF THE DELIBERATION AND DECISION. THE PROCESS WAS USED TO DETERMINE THE COMPENSATION OF THE EXECUTIVE DIRECTOR IN 2013. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. THE ANNUAL FINANCIAL STATEMENT IS INCLUDED IN AN ANNUAL REPORT, WHICH IS MAILED TO DONORS AND FUNDING ENTITIES. FORM 990, PART XII, LINE 2C THE BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF ITS INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.