2025-04-29T16:24:28-05:00 2023-12-31 420714325 RSM US LLP 227 WEST FIRST STREET SUITE 700 DULUTH MN 55802 990 2023-01-01 843533780 RIVER PLACE RIVE 6123351435 PO BOX 100 WARROAD MN 567630100 RAY MUSGROVE TREASURER 6123351435 2025-04-29 1 0 JULIE BOYER P01278549 2187275025 2025-04-29 2023 2025-03-06 01:10:19Z X BRENDA BAUMANN PO BOX 100 WARROAD MN 567630100 16941265 0 X WARROADRIVERPLACE.ORG X 2019 MN WARROAD RIVERPLACE IS A 501(C)(3) NON-PROFIT ORGANIZATION WITH THE MISSION TO BECOME A WELCOMING PLACE FOR EVERYONE AND A WAY OF LIFE THAT WILL PROMOTE INSPIRED LIVING THROUGH CREATIVE EXPRESSION, ART EDUCATION, HUMAN CONNECTEDNESS, AND APPRECIATION FOR BEAUTY THROUGHOUT THE ENTIRE REGION. 12 12 1 13 0 0 3893848 6674222 0 0 551998 858433 0 0 4445846 7532655 1000 0 0 0 57696 178431 0 0 0 76325 139176 135021 317607 4310825 7215048 21806614 30892256 173134 1526229 21633480 29366027 X WARROAD RIVERPLACE IS A 501(C)(3) NON-PROFIT ORGANIZATION WITH THE MISSION TO BECOME A WELCOMING PLACE FOR EVERYONE AND A WAY OF LIFE THAT WILL PROMOTE INSPIRED LIVING THROUGH CREATIVE EXPRESSION, ART EDUCATION, HUMAN CONNECTEDNESS, AND APPRECIATION FOR BEAUTY THROUGHOUT THE ENTIRE REGION. 0 0 59477 TO PROMOTE INSPIRED LIVING IN THE ENTIRE WARROAD, MINNESOTA COMMUNITY THROUGH CREATIVE EXPRESSION, ART EDUCATION, HUMAN CONNECTEDNESS, AND APPRECIATION FOR BEAUTY. IN SUPPORT OF THIS MISSION, RIVER PLACE WILL:1. DEVELOP PROGRAMMING THAT SUPPORTS THE CREATION, INSTRUCTION, AND APPRECIATION OF ART, CULTURE, AND BEAUTY FOR ALL AGES IN THE COMMUNITY. EXAMPLES MAY INCLUDE, BUT ARE NOT LIMITED TO, PERFORMING ARTS, VISUAL ARTS, CULINARY ARTS, AND CULTURAL APPRECIATION.2. ENCOURAGE GROWTH OF THE INDIVIDUAL AS WELL AS STRENGTHENING OF GROUP BONDS. THIS MAY INCLUDE, BUT IS NOT LIMITED TO, FOSTERING SOCIAL INTERACTION, CONNECTION TO NATURE, AN APPRECIATION OF PLACE, GROUP CELEBRATIONS, PERSONAL WELL-BEING, ENTERTAINMENT, AND HEALTH/BALANCE OF THE MIND, BODY, AND SPIRIT.3. CREATE AND MAINTAIN A WELL-DESIGNED AND FLEXIBLE COMMUNITY SPACE IN WARROAD THAT INSPIRES PEOPLE AND FACILITATES THE ABOVE ACTIVITIES.A GROUND-BREAKING CEREMONY WAS HELD IN 2023. 59477 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 MN X RAY MUSGROVE 2183864155 PO BOX 100 WARROAD MN 567630100 CRAIG ANDERSON BOARD MEMBER 1.00 X 0 0 0 MARK BERTILRUD BOARD MEMBER 1.00 X 0 0 0 NANCY FISHER BOARD MEMBER 1.00 X 0 0 0 JOHN DAVIS EXECUTIVE DIRECTOR 40.00 X 165467 0 0 MARGARETTE MARVIN BOARD MEMBER 1.00 X 0 0 0 CARMEN NORMAN PARSLEY BOARD MEMBER 1.00 X 0 0 0 JAY PELLAND BOARD MEMBER 1.00 X 0 0 0 JIM PROVANCE BOARD MEMBER 1.00 X 0 0 0 GABE HARREN BOARD MEMBER 1.00 X 0 0 0 RICK TRONTVET BOARD MEMBER UNTIL 11/23 1.00 X 0 0 0 BRENDA BAUMANN PRESIDENT 1.00 X X 0 0 0 PAUL MARVIN CHAIR 1.00 X X 0 0 0 JENNA AMBROSIUS SECRETARY 1.00 X X 0 0 0 RAY MUSGROVE TREASURER 1.00 X X 0 0 0 165467 0 0 1 0 1 0 MA MORTENSON COMPANY PO BOX 857126 MINNEAPOLIS MN 55485 CONSTRUCTION 8880389 HGA SDS 12-1861 PO BOX 86 MINNEAPOLIS MN 55486 ARCHITECTUAL DESIGN 761555 SIGHTLINE COMMERCIAL SOLUTIONS LLC 7008 NORTHLAND DRIVE NORTH SUITE 1 MINNEAPOLIS MN 55428 STADIUM SEATING 185372 3 6674222 650000 6674222 895772 895772 9371271 9408610 -37339 -37339 -37339 7532655 0 0 858433 165812 55271 110541 12619 4206 8413 29987 29987 16534 16534 57123 57123 5677 5677 12500 12500 305 305 23 23 5291 5291 2715 2715 9021 9021 317607 59477 258130 0 1070076 966527 19214168 17457977 1522370 12467752 21806614 30892256 173134 1526229 173134 1526229 X 6333778 7212638 15299702 22153389 21633480 29366027 21806614 30892256 7215048 517499 0 X 0 1 X 0 0 X 550000 17595346 3893848 6674222 28713416 550000 17595346 3893848 6674222 28713416 2988831 25724585 3419 383947 895772 1283138 29996554 X PART II, SHORT YEAR EXPLANATION: THE ORGANIZATION WAS FORMED ON OCTOBER 28, 2019. AS SUCH, 2019 IS AN INITIAL SHORT YEAR. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 CONSTRUCTION IN PROCESS 12467752 12467752 X 7993031 517499 517499 7475532 57123 57123 7532655 260484 0 260484 57123 57123 317607 PART X, LINE 2: IT IS THE OPINION OF MANAGEMENT THAT THE ORGANIZATION HAS NO SIGNIFICANT UNCERTAIN TAX POSITIONS THAT WOULD BE SUBJECT TO CHANGE UPON EXAMINATION. THE FEDERAL INCOME TAX RETURNS OF THE ORGANIZATION IS SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. ALL TAX FILINGS ARE UP-TO-DATE. 0 0 0 0 0 0 0 0 0 JOHN DAVIS EXECUTIVE DIRECTOR 165467 0 0 0 0 0 0 0 0 0 165467 0 0 0 X LAND 1 650000 APPRAISAL 0 0 0 0 PAGE 1, ITEM B - AMENDED RETURN EXPLANATION RIVER PLACE'S AUDITED FINANCIAL STATEMENTS WERE NOT FINAL AT THE TIME THE 2023 FORM 990 WAS ORGINALLY FILED. THE FINANCIAL STATEMENTS HAVE BEEN FINALIZED AND THE RETURN IS BEING AMENDED TO REFLECT THE FINANCIAL STATEMENTS. THE FOLLOWING PARTS HAVE BEEN UPDATED - 1. PART IV - LINES 11F AND 12A 2. PART IX - LINE 5, COLUMN (B) AND LINE 13, COLUMN (C) 3. PART X - LINES 10C, 11, 16, 27 AND 28 4. PART XII - LINES 2B AND 2C 5. SCHEDULE D - PARTS VI, IX, XI, XII AND XIII FORM 990, PART VI, SECTION A, LINE 2 MARGARETTE MARVIN AND PAUL MARVIN, FAMILY RELATIONSHIP FORM 990, PART VI, SECTION B, LINE 11B THE TREASURER/DIRECTOR/CPA REVIEWED THE FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF HIS OR HER FINANCIAL INTEREST AND MUST BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH BOARD-DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. AFTER EXERCISING DUE DILIGENCE, THE BOARD OR COMMITTEE SHALL DETERMINE WHETHER THE CORPORATION CAN OBTAIN A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT WITH REASONABLE EFFORTS FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY ATTAINABLE UNDER CIRCUMSTANCES THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST, THE BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE CORPORATION'S BEST INTEREST AND FOR ITS OWN BENEFIT AND WHETHER THE TRANSACTION IS FAIR AND REASONABLE TO THE CORPORATION AND SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT IN CONFORMITY WITH SUCH DETERMINATION FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL INFORMATION AS WELL AS GOVERNANCE DOCUMENTS, WHICH INCLUDE THE CONFLICT OF INTEREST POLICY, ARE NOT MADE AVAILABLE TO THE PUBLIC.