2011-11-14T14:33:23-06:00 2010-12-31 LARSONALLEN LLP 220 SOUTH SIXTH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2010-01-01 363558710 URBAN VENTURES LEADERSHIP FOUNDATION URBA 6126381000 2924 FOURTH AVENUE SOUTH MINNEAPOLIS MN 55408 ARTHUR W ERICKSON 6126381000 2011-11-14 1 XIAOYAN LUO 6123764500 2010 2016-03-07 17:11:31Z ARTHUR W ERICKSON 2924 FOURTH AVENUE SOUTH MINNEAPOLIS MN 55408 4354214 0 X WWW.URBANVENTURES.ORG X 1993 MN BREAK THE CYCLE OF GENERATIONAL POVERTY THROUGH PROGRAMS SUPPORTING CHARACTER, FAMILY AND EDUCATION. 12 11 86 213 35204 2085 3414925 3668071 76582 82091 -23561 182269 176604 194275 3644550 4126706 0 0 0 0 1308897 1503302 0 0 255219 1625364 1744867 2934261 3248169 710289 878537 22713232 22563125 1450677 1401481 21262555 21161644 X URBAN VENTURES LEADERSHIP FOUNDATION MISSION IS TO BREAK THE CYCLE OF GENERATIONAL POVERTY IN THE COMMUNITY, ONE PERSON, ONE FAMILY AT A TIME. 0 0 641480 THE URBAN VENTURES YOUTH HUB OFFERS YEAR-ROUND PROGRAMS FOR TEENS THAT INCLUDE MENTORING (ONE-TO-ONE AND GROUP), YOUTH LEADERSHIP, RECORDING STUDIO, INDOOR SKATE PARK, STUDENT LIBRARY THAT CONNECTS YOUTH TO POST-SECONDARY EDUCATION (COLLEGE, TRADES, FUNDING, ACT/SAT HELP, AND APPLICATION ASSISTANCE) AND SERVICE LEARNING. THE PROGRAM SERVED 512 YOUTH IN 2010. 545246 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. 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. 287 MEN ATTENDED CENTER FOR FATHERING PROGRAM. 279 MEN AND WOMEN WERE SERVED IN READY? SET! WORK PROGRAM AND 65% WERE EMPLOYED. 403181 0 82091 URBAN STARS OFFERS YOUTH AGES 3-18 THE OPPORTUNITY TO PLAY BASKETBALL OR SOCCER PROVIDING COACHES WHO MENTOR YOUTH. SPORTS OFFERS OPPORTUNITIES FOR YOUTH TO LEARN TO PLAY, BUILD CHARACTER, SPORTSMANSHIP, TEAM WORK, AND RESPONSIBILITY. 786 KIDS AND YOUTH PARTICIPATED IN URBAN STARS IN 2010 411775 0 THE LEARNING LAB PROVIDES EDUCATION ENRICHMENT FOR READING, MATH, LANGUAGE ARTS, SCIENCE AND TECHNOLOGY AS WELL AS HANDS-ON LEARNING THAT APPLIES CORE CURRICULUM TO REAL LIFE ACTIVITIES. THE LEARNING LAB SERVES YOUTH GRADES 1-8 IN YEAR-ROUND AFTERSCHOOL PROGRAMS AND 4 FULL DAYS IN SUMMER. THERE IS NO COST FOR STUDENTS TO ATTEND PLUS MEALS AND TRANSPORTATION IS PROVIDED. THERE WERE 190 PAPRTICIPANTS IN 2010. 428261 119707 PEOPLE'S EXCHANGE, REAL ESTATE AND GO LATINO! 840036 119707 2429943 1 1 0 0 0 0 0 0 1 1 1 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 7 0 1 86 1 1 1 0 0 0 0 1 1 0 0 0 0 X 12 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MN X FOLA TIAMIYU 6126381022 2924 FOURTH AVENUE SOUTH MINNEAPOLIS MN 55408 ARTHUR ERICKSON 40.00 X X 51656 0 1782 WILLIAM VAN DYKE 2.00 X X 0 0 0 JOYCE GILL 1.00 X X 0 0 0 ROY FERBER 2.00 X X 0 0 0 JACQUIE BOYER 1.00 X 0 0 0 SCOTT ANDERSON 1.00 X 0 0 0 MARY CHOATE 1.00 X 0 0 0 JON EISELE 1.00 X 0 0 0 SKIP GAGE 1.00 X 0 0 0 BRUCE MOOTY 1.00 X 0 0 0 AL NUNESS 1.00 X 0 0 0 JOHN THOMPSON 1.00 X 0 0 0 JILL OSBORN 40.00 X 69741 0 6764 121397 0 8546 0 0 0 0 0 71000 563163 3033908 9600 3668071 PROGRAM FEES 611710 82091 82091 82091 182269 182269 119707 119707 119707 119707 30855 71000 32291 -1436 -1436 230421 195217 35204 35204 MISCELLANEOUS INCOME 900099 40800 40800 40800 4126706 201798 35204 221633 129943 33639 51247 45057 1151835 922519 147061 82255 3858 3858 90908 71146 11511 8251 126758 94954 19321 12483 1692 1692 32710 32710 92206 41175 42184 8847 59950 20984 27414 11552 313284 229355 47098 36831 9499 5721 3778 5469 1249 1264 2956 83871 83871 724960 616607 68150 40203 53131 37058 16073 PROGRAM EXPENSES 193188 187926 4036 1226 EQUIPMENT 77613 74589 3024 BAD DEBTS 58489 58489 OTHER 31177 616 28781 1780 TAXES 7628 4676 2952 3248169 2429943 563007 255219 337836 800523 227829 58014 406856 1256290 136155 94599 713550 668412 38619 66595 48086 22285002 4405743 18488563 17879259 83511 2252337 1719323 22713232 22563125 24783 137554 1376125 1197445 49769 66482 1450677 1401481 X 20000606 18480838 0 418857 1261949 2261949 21262555 21161644 22713232 22563125 X 878537 -979448 X 0 1 1 X 1 1 X 6180521 10238778 3021450 3414925 3668071 26523745 6180521 10238778 3021450 3414925 3668071 26523745 3570714 22953031 219512 120327 109855 149453 182269 781416 2745 17538 11184 6556 2085 40108 43654 123764 1132 40800 209350 27554619 716458 0.83300 0.85560 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1090834 333333 165763 56788 1533142 951808 139051 1090859 1391944 -440136 951808 0.05000 0.95000 0.00000 1 0 1258846 1258846 19106779 3203772 15903007 1919377 1201971 717406 17879259 INVESTMENT IN MINNESOTA SHREDDING, LLC 176000 F INVESTMENT IN OKABENA-ENDOWMENT 1533142 F INVESTMENT IN O Z PROPERTIES 2317 F INVESTMENT IN MPLS FDN-ENDOWMENT 7864 F 1719323 TAX LIABILITY 2500 LINE OF CREDIT 63982 66482 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: URBAN VENTURES LEADERSHIP FOUNDATION IS EXEMPT FROM FEDERAL TAXES ON RELATED INCOME UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ALSO, 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. THE ORGANIZATION IS ALSO EXEMPT FROM STATE INCOME TAX ON RELATED INCOME. UVLF OPPORTUNITIES, INC., AND CITYKID JAVA, LLC. ARE DISREGARDED ENTITIES FOR INCOME TAX PURPOSES. THE ORGANIZATION FOLLOWS THE GUIDANCE THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ORGANIZATION'S FINANCIAL STATEMENTS. THE ORGANIZATION'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL, STATE AND LOCAL AUTHORITIES. THE TAX RETURNS FOR YEARS 2007-2009 ARE OPEN TO EXAMINATION BY FEDERAL AND STATE AUTHORITIES. GOLF CLASSIC 92648 71000 21648 22704 666 92648 71000 21648 22704 666 23370 -1722 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 THE CONTROLLER, PRESIDENT AND FINANCE COMMITTEE REVIEW AND APPROVE THE TAX RETURN PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE POLICY IS MONITORED THROUGH REVIEW OF CONFLICT OF INTEREST QUESTIONNAIRE PROVIDED TO BOARD AND OFFICERS ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD REVIEWS AND APPROVES THE COMPENSATION FOR CEO AND PRESIDENT. THE PRESIDENT SETS OTHER EMPLOYEES' COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 4,064. UVLO NET ASSETS REPORTED ON A SEPARATE RETURN -971,260. DIFFERENCE BETWEEN OPP REVENUE LESS EXPENSES -9,850. CITYKID JAVA NOL REPORTED ON FORM 1120 -2,164. PY ADJUSTMENT -238. TOTAL TO FORM 990, PART XI, LINE 5: -979,448. CITYKID JAVA 2924 FOURTH AVE S MINNEAPOLIS MN 55408 161634275 COFFEE SALES MN 230431 133138 N/A UVLF OPPORTUNITIES INC 3041 4TH AVE S MINNEAPOLIS MN 55408 300516328 REAL ESTATE MN 501(C)(2) N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0