2012-04-17T09:13:45-05:00 2011-12-31 390859910 BAKER TILLY VIRCHOW KRAUSE LLP 225 S 6TH ST STE 2300 MINNEAPOLIS MN 55402 990 2011-01-01 363412619 SHARING & CARING HANDS INC SHAR 6123384640 525 N 7TH ST MINNEAPOLIS MN 55405 RICHARD COPELAND 6123384640 2012-04-13 1 LAWRENCE H MOHR CPA P00447603 6128764500 2011 2016-02-24 21:20:13Z RICHARD COPELAND 525 N 7TH ST MINNEAPOLIS MN 55405 17168388 0 X WWW.SHARINGANDCARINGHANDS.ORG X 1985 MN SHARING AND CARING HANDS MISSION IS TO SERVE THE POOR AND NEEDY WHO DO NOT QUALIFY FOR GOVERNMENT ASSISTANCE BY PROVIDING SERVICES THAT HELP WITH EMERGENCY NEEDS LIKE RENT ASSISTANCE, UTILITY ASSISTANCE, TRAVEL, SHELTER, ETC. WE PROVIDE A WAY FOR THE GREATER COMMUNITY TO SERVE GOD IN THE POOR THROUGH VOLUNTEERING AND DONATIONS. 7 6 21 10000 0 0 5707675 10478394 0 0 59626 129010 0 0 5767301 10607404 2995521 3845391 0 0 925506 937414 0 0 381313 1642441 1847553 5563468 6630358 203833 3977046 19101278 23099829 294180 337150 18807098 22762679 X SEE SCHEDULE OSHARING AND CARING HANDS MISSION IS TO SERVE THE POOR AND NEEDY WHO DO NOT QUALIFY FOR GOVERNMENT ASSISTANCE BY PROVIDING SERVICES THAT HELP WITH EMERGENCY NEEDS LIKE RENT ASSISTANCE, UTILITY ASSISTANCE, TRAVEL, SHELTER, ETC. WE PROVIDE A WAY FOR THE GREATER COMMUNITY TO SERVE GOD IN THE POOR THROUGH VOLUNTEERING AND DONATIONS. 0 0 6067471 3845391 SHARING AND CARING HANDS IS A VOLUNTEER-RUN CENTER PROVIDING FOOD, CLOTHING, SHELTER, REFERRAL SERVICES, AND OTHER BASIC NEEDS TO THE INNER-CITY POOR. 6067471 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 1 0 0 0 1 1 0 0 0 0 1 2 0 21 1 0 0 0 0 0 0 0 0 0 0 X 7 6 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 0 0 MN X X SHARING AND CARING HANDS 6123384640 525 NORTH 7TH STREET MINNEAPOLIS MN MINNEAPOLIS MN 55405 MARY JO COPELAND 40.00 X X 0 0 0 RICHARD COPELAND 40.00 X X 75400 0 3409 DAN KNEIP 1.00 X X 0 0 0 KEVIN STUCKI 1.00 X X 0 0 0 FR BERNARD REISER 1.00 X 0 0 0 MARK SCHINDELDECKER 1.00 X 0 0 0 JERRY WILLIAMS 1.00 X 0 0 0 CRAIG CARROLL 40.00 X 53560 0 24055 128960 0 27464 0 0 0 0 0 3807481 6670913 5861329 10478394 130119 130119 6559875 6560984 -1109 -1109 -1109 10607404 0 0 129010 3845391 3845391 156424 78212 78212 570413 570240 173 11929 11929 146928 146928 51720 46861 4859 23599 23599 7985 7985 256042 256042 434608 254809 57504 122295 308486 305436 1525 1525 29677 29677 495674 490717 4957 89826 88928 449 449 REPAIRS AND MAINTENANCE 200347 198343 1002 1002 MISCELLANEOUS 1309 1309 6630358 6067471 181574 381313 2363055 2201253 3227093 2560920 4205 26950 40095 23255412 7390299 12951835 15865113 532345 2428243 19101278 23099829 129637 213843 164543 123307 294180 337150 X 18807098 22762679 18807098 22762679 19101278 23099829 X 3977046 -21465 X 0 1 0 X 0 X 4291537 5238395 5029788 5707675 6670913 26938308 4291537 5238395 5029788 5707675 6670913 26938308 70827 26867481 74367 146667 109560 59626 130119 520339 27458647 0.97850 0.98030 X SCHEDULE A, PART IV, LIST OF UNUSUAL GRANTS: TRANSFER OF INTEREST IN GIFT OF MARY LLC DATE: 01/10/11 AMOUNT: 3807481. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4735301 4735301 17360443 6482864 10877579 935536 747824 187712 224132 159611 64521 15865113 10607404 6630358 3977046 -21465 -21465 3955581 7174329 -21465 395871 374406 6799923 3807481 3807481 10607404 7026229 395871 395871 6630358 0 6630358 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: IN ACCORDANCE WITH THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, THE ORGANIZATIONS ADDRESS THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, THE ORGANIZATIONS MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERIT OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE ORGANIZATIONS AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES DURING FISCAL YEARS 2011 AND 2010. OPEN TAX YEARS SUBJECT TO EXAMINATION BY THE U.S. AND STATE TAXING AUTHORITIES ARE FOR THE YEARS 2009 TO 2011, WHICH STATUTES EXPIRE IN 2012 TO 2014, RESPECTIVELY. PART XII, LINE 4B - OTHER ADJUSTMENTS: TRANSFER OF LLC INTEREST FROM GIFT OF MARY, INC. - EIN:41-1970339 3,807,481. SCHEDULE D, PART XII, LINE 4B - ADDITIONAL INFORMATION REGARDING TRANSFER OF LLC INTEREST FROM GIFT OF MARY, INC. - EIN:41-1970339: GIFT OF MARY, INC. CEASED OPERATIONS DURING 2011. ALL OF ITS ASSETS WERE TRANSFERRED TO GIFT OF MARY, LLC IN EXCHANGE FOR 100% INTEREST IN THE LIMITED LIABILITY COMPANY. UPON DISSOLUTION, GIFT OF MARY, INC. TRANSFERRED ITS ENTIRE INTEREST IN THE LLC TO SHARING AND CARING HANDS, INC. 1 DIRECT CASH ASSISTANCE FOR THE POOR AND NEEDY, INCLUDING RENT ASSISTANCE, UTILITY ASSISTANCE, HEALTH ASSISTANCE, AND OTHER VARIOUS CASH NEEDS. 10871 1752920 2092471 FAIR MARKET VALUE DIRECT NON CASH ASSISTANCE FOR THE POOR AND NEED, INCLUDING FOOD, SUPPLIES, BEDS, CLOTHING AND OTHER NON-CASH ITEMS. PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: SHARING & CARING HANDS HELPS PAY BILLS FOR PEOPLE IN NEED. WHEN THE CLIENT ASKS FOR MONEY, SHARING AND CARING HANDS REVIEWS THE CLIENT STATUS. THEY DO NOT HAVE A SET LIMIT ON HOW MUCH EACH CLIENT GETS. IT'S BASED ON HOW MANY TIMES A CLIENT ASKS, WHAT THEY ASK FOR, AND THE EVIDENCE THEY CAN PROVIDE THAT PROVES THEY NEED THE MONEY. SCH TRACKS ALL OF THIS IN THEIR COMPUTER SYSTEM. THEY ASK FOR CLIENT'S FULL NAME, SPOUSE'S NAME, FAMILY MEMBERS, BOTH SOCIAL SECURITY NUMBERS, AND ADDRESS (IF ANY). THE SSN IS RUN THROUGH A PROGRAM TO SEE IF THE CLIENT HAS A FRAUDULENT BACKGROUND. THE REST OF THE INFORMATION IS RUN THROUGH SCH COMPUTER SYSTEM, CROSS-REFERENCING IT WITH SIMILAR NAMES, ADDRESSES AND SSN. JERRY WILLIAMS BOARD MEMBER 134166 SHARING AND CARING HANDS PURCHASED BEDS FOR CLIENTS FROM A COMPANY OWNED BY THE BOARD MEMBER. 0 X 2039194 FAIR MARKET VALUE X 10 59866 FAIR MARKET VALUE X 1 3807481 BOOK VALUE 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 RICHARD COPELAND AND MARY JO COPELAND: FAMILY RELATIONSHIP FORM 990, PART VI, SECTION B, LINE 11 THE BOARD OF DIRECTORS OF SHARING AND CARING HANDS RECEIVES A DRAFT OF IRS FORM 990 AND REVIEWS IT. ONCE REVIEWED, IT IS APPROVED BY THE BOARD AND AUTHORIZATION IS GIVEN TO MANAGEMENT TO FILE THE RETURN WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS HANDED OUT ANNUALLY AND COMPLETED BY EACH BOARD MEMBER AT THAT TIME. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION FOR DICK COPELAND, AN OFFICER OF THE ORGANIZATION, WAS DISCUSSED AND APPROVED AT THE BOARD OF DIRECTORS LEVEL BACK IN 2000. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -21,465. GIFT OF MARY LLC 525 N 7TH STREET MINNEAPOLIS MN 55405 HOLDING COMPANY MN 9781 3817261 N/A GIFT OF MARY INC 525 N 7TH STREET MINNEAPOLIS MN 55405 411970339 LONG-TERM PLACEMENT FOR CHILDREN. ENTITY DISSOLVED DURING 2011. MN 501(C)(3) LINE 7 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 GIFT OF MARY INC R 3807481 BOOK VALUE