2011-11-11T13:32:28-06:00 2011-06-30 LARSONALLEN LLP PO BOX 217 AUSTIN MN 55912 990 2010-07-01 411379713 CHANNEL ONE INC CHAN 5072872350 131 35TH STREET SE ROCHESTER MN 55904 LINDA LOVIK 5072872350 2011-11-08 1 SHERRI WESSELS 5074347000 2010 2016-02-24 21:20:13Z LINDA LOVIK 131 35TH STREET SE ROCHESTER MN 55904 12444507 0 X WWW.HELPINGFEEDPEOPLE.ORG X 1980 MN TO WORK IN PARTNERSHIP WITH OTHERS TO HELP FEED PEOPLE IN NEED. 11 11 34 2058 0 0 10707008 11391938 810772 1001909 13245 16468 44832 26006 11575857 12436321 0 0 0 0 1046370 1179448 0 0 137773 10261214 11474108 11307584 12653556 268273 -217235 5538412 5346027 105658 134612 5432754 5211415 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 11038505 1001909 CHANNEL ONE FOOD BANK: PROVIDES FOOD AND NON-FOOD PRODUCT TO APPROXIMATELY 199 PROGRAMS PROVIDED BY APPROXIMATELY 105 NONPROFIT 501(C)(3) AGENCIES THAT FEED PEOPLE AS PART OF THEIR PROGRAM SERVICES MISSION. DURING THE YEAR ENDED JUNE 30, 2011 CHANNEL ONE FOOD BANK RECEIVED IN 7,854,845 GROSS POUNDS OF FOOD AND NON-FOOD ITEMS AND DISTRIBUTED 8,050,356 NET POUNDS TO AGENCIES IN 13 COUNTIES IN SOUTHERN MINNESOTA AND LACROSSE COUNTY, WI. WE ALSO PROVIDED 344,316 POUNDS OF FOOD ITEMS TO OTHER AFFILIATED FOOD BANKS. 673193 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 APPROXIMATELY 18,263 PACKAGES IN THE YEAR ENDED JUNE 30, 2011. 356836 SUPPLEMENTAL FOOD SHELF: PROVIDES A MONTHLY DISTRIBUTION OF FOOD AND NON-FOOD ITEMS, INCLUDING GOVERNMENT COMMODITIES TO LOW-INCOME OLMSTED COUNTY RESIDENTS. PROVIDED A 5-DAY SUPPLY OF FOOD ITEMS TO 8,678 REGISTERED HOUSEHOLDS WHO PARTICIPATE IN THIS MONTHLY DISTRIBUTION. IN TOTAL, THERE WERE APPROXIMATELY 43,353 HOUSEHOLD VISITS DURING THE FISCAL YEAR ENDED JUNE 30, 2011. 4680 GREEN GARDEN PROGRAM: PROVIDES GARDEN PLOTS, WATER, PLOWING AND TECHNICAL ASSISTANCE TO INCOME-ELIGIBLE PARTICIPANTS. FOOD SHELF CUSTOMERS BENEFITTED FROM 86 PREPARED PLOTS, COMMUNAL AREAS WITH PERENNIAL FRUITS AND FLOWERS, AND TECHNICAL ASSISTANCE WHEN NEEDED DURING THE FISCAL YEAR ENDED JUNE 30, 2011. 4680 12073214 1 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 0 1 5 0 1 34 1 0 0 0 0 0 1 1 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MN X X X SHERRY KULAS 5074241739 131 35TH STREET SE ROCHESTER MN 55904 ANNE AGER 2011 0.30 X X 0 0 0 KIMBERLY SPORS 2011 0.30 X X 0 0 0 STAN GROFF 2010 0.30 X 0 0 0 RICK LIEN 2011 0.30 X X 0 0 0 DAN O'NEIL 2010 0.30 X X 0 0 0 HAROLD BURDEN 2010 0.30 X X 0 0 0 JOHN BEATTY 2011 0.30 X 0 0 0 ANDREW D MURRAY 2010 0.30 X X 0 0 0 MARK FOSSE 2010 0.30 X X 0 0 0 TOM KELLY 2011 0.30 X 0 0 0 HAROLD BURDEN 2011 0.30 X X 0 0 0 MARCO WAGEMAN 2011 0.30 X 0 0 0 BEN JOHNSON 2011 0.30 X 0 0 0 SHARON GABRIELSON 2010 0.30 X 0 0 0 JANE HARDWICK 2010-11 0.30 X 0 0 0 RICK LIEN 2010 0.30 X 0 0 0 KIMBERLY SPORS 2010 0.30 X 0 0 0 RABBI MICHELLE WERNER 0.30 X 0 0 0 ANNE AGER 2010 0.30 X 0 0 0 DEBORAH OTTMAR 2010-11 0.30 X 0 0 0 STEVE RUCINSKI 2010 0.30 X 0 0 0 CYNTHIA SHAFFER 40.00 X 72608 0 6032 SHERRY KULAS 30.00 X 44796 0 3081 117404 0 9113 0 0 0 0 0 120454 12150 1757686 9501648 9723442 11391938 PURCHASE PROGRAM 624200 721446 721446 SHARED MAINTENANCE FEE 624200 143806 143806 DELIVERY CHARGE 624200 96783 96783 SALES TO FOOD BANKS 624200 39874 39874 1001909 14382 14382 5461 2025 5400 61 2025 2086 2086 28792 12150 2786 26006 26006 12436321 1001909 0 42474 126517 126517 846096 641209 156752 48135 114485 82254 26056 6175 92350 61459 26277 4614 308 308 18963 18963 15517 3602 724 11191 114041 50013 18030 45998 83923 72529 11394 39951 26430 12558 963 189006 166342 22664 18617 15023 3572 22 DISTRIBUTED PRODUCT 10788816 10788816 TRUCKING AND FREIGHT 88268 87138 1002 128 REPAIRS AND MAINTENANCE 47030 38457 7419 1154 TELEPHONE 18477 13621 4547 309 FUNDRAISING EXPENSE 16836 4555 915 11366 34355 21766 4871 7718 12653556 12073214 442569 137773 322463 576686 347811 258660 176240 171001 114165 88213 1206655 999095 27113 35514 3418448 1478265 2054047 1940183 708487 699817 581431 576858 5538412 5346027 105658 134612 105658 134612 X 4641543 4419154 202617 207771 588594 584490 5432754 5211415 5538412 5346027 X -217235 -4104 X X 0 1 1 X 1 1 X 7993065 8194135 9690040 10735241 11391938 48004419 7993065 8194135 9690040 10735241 11391938 48004419 48004419 46402 26890 22321 13245 14382 123240 48127659 3771178 0.99740 0.99720 X 10000 1000 10000 10000 10000 10000 1.00000 1 0 173755 173755 2370989 917451 1453538 490094 385179 104915 383610 175635 207975 1940183 GREENWAY PATRONAGE DIVIDENDS 1597 C CERTIFICATE OF DEPOSITS 698220 C 699817 BENEFICIAL INTEREST IN PERPETUAL TR 566790 CHANNEL ONE ENDOWMENT FUND 10000 OTHER ASSETS 68 576858 12436321 12653556 -217235 -4104 -4104 -221339 12435003 -4104 2786 -1318 12436321 0 12436321 12656342 2786 2786 12653556 0 12653556 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE ENDOWMENT WAS ESTABLISHED TO PROVIDE FUTURE INCOME FOR OPERATING AND OR CAPITAL EXPENDITURES. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: 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, 2011. GENERALLY, THE ORGANIZATION'S TAX FILINGS ARE OPEN FOR REVIEW FOR UP TO SIX YEARS AFTER FILING. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES REPORTED ON PART VIII, LINE 8B 2,786. PART XIII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES REPORTED ON PART VIII, LINE 8B 2,786. EMPTY BOWLS 40942 12150 28792 2786 40942 12150 28792 2786 2786 26006 X 7 5400 STOCK MARKET VALUE X 3680 9704321 MARKET VALUE X COMPUTER EQUIPMENT 1 1253 FAIR MARKET VALUE X BOXES 1 318 $0.02 PER POUND X EVENT PROMOTION 1 12150 FAIR MARKET VALUE 1 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 2010. 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. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -4,104. FORM 990, PART XI, 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.