2013-11-15T08:47:05-06:00 2012-12-31 411647057 MAHONEYULBRICHCHRISTIANSEN & RUSS PA 30 EAST PLATO BOULEVARD SAINT PAUL MN 551071809 990 2012-01-01 204361698 PLACE (PROJECTS LINKING ART COMMUNITY & ENVIRONMENT) PLAC 6513093889 100 PORTLAND AVENUE SOUTH NO 100 MINNEAPOLIS MN 55401 CHRIS VELASCO 6513093889 2013-11-14 1 ROZALYN Z ALLYSON P00076153 6512276695 2013-11-14 2012 2016-03-07 17:11:31Z CHRIS VELASCO 100 PORTLAND AVENUE SOUTH NO 100 MINNEAPOLIS MN 55401 255142 0 X WWW.WELCOMETOPLACE.COM X 2006 MN TO BUILD A SUSTAINABLE, JUST, AND INSPIRING WORLD, ONE COMMUNITY AT A TIME. 7 5 1 0 0 0 7411 4877 331356 248215 -2448 -443 455269 0 791588 252649 0 0 0 0 144966 145511 0 0 0 239156 146316 384122 291827 407466 -39178 3923170 4015700 2214214 2345922 1708956 1669778 PLACE IS A NATIONAL NONPROFIT ORGANIZATION THAT HELPS COMMUNITIES CREATE STATE-OF-THE-ART BUILDINGS AND MORE, ENTIRE NEIGHBORHOODS THAT BRING TOGETHER THE ARTS, ENVIRONMENTALISM AND SOCIAL JUSTICE. 0 0 227455 248215 PLACE WORKS WITH LOCAL GOVERNMENTS, FOUNDATIONS, AND COMMUNITY MEMBERS TO CREATE SUSTAINABLE, AFFORDABLE, MIXED-USE, MIXED-INCOME NEIGHBORHOODS FOR ARTISTS, UNDER-SERVED POPULATIONS FACING VARIOUS LIFE CHALLENGES, NONPROFIT ORGANIZATIONS, AND CREATIVE BUSINESSES. WITH PLACE'S GUIDANCE, THESE NEIGHBORHOODS WILL BE CREATED WITH VIGOROUS PUBLIC DIALOG, BUILT TO THE HIGHEST ENVIRONMENTAL STANDARDS, AND FILLED WITH PEOPLE FROM ALL BACKGROUNDS AND ECONOMIC CIRCUMSTANCES. THE PLACE TEAM ASSISTS ITS COMMUNITIES WITH EVERY ASPECT OF THE PROJECT FROM VISIONING TO PLANNING, FROM DESIGN TO FUNDING, FROM CONSTRUCTION TO SERVICE COORDINATION AND PROJECT MAINTENANCE. 227455 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 X 7 5 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 1 1 MN X X THE ORGANIZATION 6123093889 100 PORTLAND AVENUE SOUTH SUITE 100 MINNEAPOLIS MN 55401 X CHRIS VELASCO 60.00 X X 0 0 0 GARTH ROCKCASTLE 5.00 X X 0 0 0 JONATHAN PEARLSTEIN 5.00 X X 0 0 0 ELIZABETH BOWLING 10.00 X 0 0 0 LOREN HENNING 1.00 X 0 0 0 CHARLES L RAISON MD 2.00 X 0 0 0 ROMULO E SAMANIEGO 2.00 X 0 0 0 0 0 0 0 0 0 0 0 4877 4877 PROGRAM LOAN INTEREST 511110 150640 150640 ADVISORY SERVICES 531390 83862 83862 PARTNERSHIP FEE 511110 13659 13659 OTHER INCOME 519100 54 54 248215 2050 2493 -443 -443 -443 252649 248215 0 -443 X 135000 104737 30263 10511 8409 2102 1246 1234 12 22013 22013 67475 67475 354 275 79 11391 5476 5915 150 150 27424 27309 115 1571 1219 352 8 6 2 2300 1784 516 2766 2146 620 OTHER EXPENSES 6128 4613 1515 LICENSE AND FEES 3205 2487 718 REPAIRS AND MAINTENANCE 285 285 291827 227455 64372 0 108516 28348 35058 56857 1163576 1163576 11796 5909 5628 5887 2610392 2761032 3923170 4015700 581109 697609 103105 118313 1530000 1530000 2214214 2345922 X 1707739 1667092 1217 2686 1708956 1669778 3923170 4015700 -39178 0 X 0 0 0 X 552407 367471 131351 7411 4877 1063517 552407 367471 131351 7411 4877 1063517 68721 994796 140 3 268 411 1063928 861036 0.93500 0.96070 X 11796 5909 5887 5887 N/R & ACC. INT. - WAV APT 2761032 C 2761032 ELIZABETH BOWLING DIRECTOR ON THE BOARD OPERATING EXPENSES X 66119 118313 0 0 0 118313 FORM 990, PART VI, SECTION A, LINE 2 CHRIS VELASCO (PRESIDENT) AND ELIZABETH BOWLING (FOUNDING BOARD MEMBER) HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11 FORM 990 WILL BE REVIEWED IN DETAIL BY THE PRESIDENT AND TREASURER, AND WILL BE CIRCULATED TO THE ENTIRE BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR EXECUTIVE COMPENSATION REVIEW HAS NOT OCCURRED IN THREE YEARS DUE TO THE FINANCIAL POSITION OF THE ORGANIZATION. IN THE PAST, THE PRESIDENT/EXECUTIVE DIRECTOR MAKES A REQUEST AND PRESENTS DATA, HE AND ELIZABETH BOWLING RECUSE THEMSELVES FROM BOARD DISCUSSIONS, THE BOARD REVIEWS THE DATA AND CONDUCTS A PERFORMANCE REVIEW DISCUSSION AND INDEPENDENT INVESTIGATION OF COMPENSATION, MINUTES ARE PRESERVED AND THE BOARD THEN VOTES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON WRITTEN REQUEST. OTHER FEES FORM 990, PART IX, LINE 11G CONSULTING SERVICES: PROGRAM SERVICE EXPENSES 67,475. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 67,475. WAV PARTNERS LLC 100 PORTLAND AVE S SUITE 100 MINNEAPOLIS MN 55401 204361698 RENTAL REAL ESTATE CA 13989 0 PLACE CREST OF THE WAY PARTNERS LLC 100 PORTLAND AVE S SUITE 100 MINNEAPOLIS MN 55401 204361698 RENTAL REAL ESTATE CA 0 0 PLACE WAV APARTMENRS PARTNERS LP 100 PORTLAND AVE S SUITE 100 MINNEAPOLIS MN 55401 261911591 HOUSING - APTS CA WAV PARTNERS LLC RELATED 13989 3466206 0 1 0.50000 WAV CONDOMINIUMS LLC 100 PORTLAND AVE S SUITE 100 MINNEAPOLIS MN 55401 261911486 HOUSING - CONDOMINIUM SALES CA CREST OF THE WAV PARTNERS LLC RELATED 1360094 0 1 0.50000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 WAV APARTMET PARTNERS LP