ENTERPRISE MINNESOTA INC: Form 990, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- ENTERPRISE MINNESOTA INC (EIN 41-1595930)
- Tax period
- 2019-07-01 to 2020-06-30
- Filed
- 2021-03-24
- IRS object ID
- 202130839349300503
- Schema version
- 2019v5.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-03-24T05:59:47-05:00 | ReturnTs |
| Tax Period End | 2020-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 390758449 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WIPFLI LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1502 LONDON ROAD SUITE 200 | AddressLine1Txt |
| City | DULUTH | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55812 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2019-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 411595930 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ENTERPRISE MINNESOTA INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ENTE | BusinessNameControlTxt |
| Phone | 6123732900 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2100 SUMMER STREET NO 150 | AddressLine1Txt |
| City | MINNEAPOLIS | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55413 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ROBERT KILL | PersonNm |
| Person Title | PRESIDENT & CEO | PersonTitleTxt |
| Phone | 6123732900 | PhoneNum |
| Signature | 2021-03-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MICHAEL J PETERSON CPA | PreparerPersonNm |
| PTIN | P01833529 | PTIN |
| Phone | 2187224705 | PhoneNum |
| Preparation | 2021-03-10 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | ROBERT KILL | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2100 SUMMER STREET NO 150 | AddressLine1Txt |
| City | MINNEAPOLIS | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55413 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $5,875,011 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.ENTERPRISEMINNESOTA.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1987 | FormationYr |
| Legal Domicile State | MN | LegalDomicileStateCd |
| Activity Or Mission | TO PROMOTE ECONOMIC GROWTH AND JOB CREATION THROUGH APPLIED RESEARCH, TECHNOLOGY TRANSFER, AND PRODUCTIVE DEVELOPMENT. | ActivityOrMissionDesc |
| Voting Members Governing Body | 8 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 8 | VotingMembersIndependentCnt |
| Total Employee | 39 | TotalEmployeeCnt |
| Total Volunteers | 8 | TotalVolunteersCnt |
| Total Gross UBI | $39,132 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$95,003 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $2,687,212 | PYContributionsGrantsAmt |
| CY Contributions Grants | $2,641,243 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $2,315,057 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $1,888,808 | CYProgramServiceRevenueAmt |
| PY Investment Income | $21,005 | PYInvestmentIncomeAmt |
| CY Investment Income | $20,408 | CYInvestmentIncomeAmt |
| PY Other Revenue | $55,958 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $5,079,232 | PYTotalRevenueAmt |
| CY Total Revenue | $4,550,459 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $98,839 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $5,750 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $3,999,216 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $4,045,895 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $322,203 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $848,089 | PYOtherExpensesAmt |
| CY Other Expenses | $1,104,816 | CYOtherExpensesAmt |
| PY Total Expenses | $5,268,347 | PYTotalExpensesAmt |
| CY Total Expenses | $5,156,461 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$189,115 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$606,002 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $2,794,012 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,760,287 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,587,556 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $2,155,498 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $1,206,456 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $604,789 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | TO PROMOTE ECONOMIC GROWTH AND JOB CREATION THROUGH APPLIED RESEARCH, TECHNOLOGY TRANSFER, AND PRODUCTIVE DEVELOPMENT. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $4,329,040 | ExpenseAmt |
| Grant | $5,750 | GrantAmt |
| Revenue | $1,849,676 | RevenueAmt |
| Desc | "ENTERPRISE MINNESOTA HELPS SMALL AND MID-SIZED MANUFACTURERS DEVELOP AND IMPLEMENT STRATEGIES TO GROW BUSINESS. WHETHER WALKING THROUGH THE LEAN MANUFACTURING PROCESS OR TRAINING ON THE LATEST MANAGEMENT STRATEGIES, WE HELP MANUFACTURING BUSINESSES COMPETE AND GROW PROFITABLY. OUR INDUSTRY EXPERTS ARE LOCATED ACROSS MINNESOTA TO HELP CLIENTS ACHIEVE THEIR GOALS AND BECOME WORLD-CLASS MANUFACTURERS. ENTERPRISE MINNESOTA IS AN AFFILIATE OF THE NATIONAL MEP NETWORK PART OF THE U.S. DEPARTMENT OF COMMERCE'S NATIONAL INSTITUTE OF STANDARDS AND TECHNOLOGY, (NIST) AND ASSISTS SMALL AND MEDIUM SIZED MANUFACTURING COMPANIES BY PROVIDING PRODUCTS AND SERVICES DESIGNED TO HELP THEM SUCCEED. ENTERPRISE MINNESOTA HAS SUCCESSFULLY LEVERAGED THIS FEDERAL SUPPORT FOR MORE THAN 30 YEARS AND ADMINISTRATING THE COOPERATIVE AGREEMENT THAT PROVIDES FOR THE MEP CENTER IN MINNESOTA. IN THE PAST THREE YEARS ALONE WE ACCOMPLISHED THE FOLLOWING: - 537 MINNESOTA COMPANIES RECEIVED CRITICAL BUSINESS ASSISTANCE.- THESE COMPANIES REALIZED A POSITIVE ECONOMIC IMPACT OF $969 MILLION TO THEIR BOTTOM LINE IN INCREASED SALES, REDUCED PRODUCTION COSTS, AND IMPROVED EMPLOYEE UTILIZATION.- MORE THAN 4,275 JOBS HAVE BEEN CREATED OR RETAINED.IN ADDITION TO OUR CONSULTING SERVICES, ENTERPRISE MINNESOTA OFFERED THREE GREAT WAYS TO KEEP UP WITH THE LATEST MANUFACTURING NEWS IN MINNESOTA; ENTERPRISE MINNESOTA MAGAZINE, E-TRENDS NEWSLETTER AND THE ANNUAL STATE OF MANUFACTURING POLL, A STATEWIDE RESEARCH PROJECT THAT INCLUDES HUNDREDS OF PHONE SURVEYS AND SEVERAL FOCUS GROUPS WITH MANUFACTURING EXECUTIVES ACROSS THE STATE." | Desc |
| Total Program Service Expenses | $4,329,040 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 14 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 39 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 8 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 8 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PATRICIA VASATKA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6123732900 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2100 SUMMER STREET NO 150 | AddressLine1Txt |
| City | MINNEAPOLIS | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55413 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|
| JOHN CONNELLY | |||||||
| VICE PRESIDENT OF CONSULTING | 40.00 | Yes (X) | $140,926 | $0 | $36,930 | ||
| LYNN SHELTON | |||||||
| VICE PRESIDENT OF MARKETING | 40.00 | Yes (X) | $139,837 | $0 | $20,818 | ||
| WILLIAM MARTINSON | |||||||
| BUSINESS DEVELOPER | 40.00 | Yes (X) | $112,203 | $0 | $33,528 | ||
| DAVID AHLQUIST | |||||||
| CONSULTANT | 40.00 | Yes (X) | $111,396 | $0 | $32,457 | ||
| ROBERT H KILL | |||||||
| PRESIDENT & CEO | 40.00 | $227,358 | $0 | $25,651 | Yes (X) | ||
| PATRICIA VASATKA | |||||||
| VICE PRESIDENT OF FINANCE | 40.00 | $128,645 | $0 | $35,914 | Yes (X) | ||
| MIKE JENSEN | |||||||
| CHAIR | 1.00 | $0 | $0 | $0 | Yes (X) | Yes (X) | |
| TOM SCHABLE | |||||||
| VICE-CHAIR | 1.00 | $0 | $0 | $0 | Yes (X) | Yes (X) | |
| GREG BUCK | |||||||
| DIRECTOR | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| PAUL EBNET | |||||||
| DIRECTOR | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| JOE MULFORD | |||||||
| DIRECTOR | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| STEVE PALMER | |||||||
| DIRECTOR | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| GREGG PHELPS | |||||||
| DIRECTOR | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| JULIE WHITNEY | |||||||
| DIRECTOR | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $860,365 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $185,298 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 6 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (2 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| WIPFLI LLP | |||||
| 150 S 5TH ST UNIT 2000 | MINNEAPOLIS | MN | 55402 | CONSULTING | $202,501 |
| MASON PUBLIC AFFAIRS | |||||
| 2 LARKSPUR LANE | NORTH OAKS | MN | 55127 | MARKETING CONSULTING | $134,800 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 2 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $2,562,043 | GovernmentGrantsAmt |
| All Other Contributions | $79,200 | AllOtherContributionsAmt |
| Total Contributions | $2,641,243 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| SERVICES/ PUBLICATIONS | 561499 | $1,849,676 | $1,849,676 | |
| PUBLICATIONS | 541800 | $39,132 | $39,132 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $1,888,808 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $20,595 | TotalRevenueColumnAmt |
| Exclusion | $20,595 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,313,033 | SecuritiesAmt |
| Other | $11,332 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,313,717 | SecuritiesAmt |
| Other | $10,835 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$684 | SecuritiesAmt |
| Other | $497 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$187 | TotalRevenueColumnAmt |
| Exclusion | -$187 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,550,459 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,849,676 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $39,132 | UnrelatedBusinessRevenueAmt |
| Exclusion | $20,408 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,750 | TotalAmt |
| Program Services | $5,750 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $420,974 | TotalAmt |
| Program Services | $217,812 | ProgramServicesAmt |
| Management And General | $203,162 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,764,561 | TotalAmt |
| Program Services | $2,490,892 | ProgramServicesAmt |
| Management And General | $273,669 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $157,490 | TotalAmt |
| Program Services | $142,467 | ProgramServicesAmt |
| Management And General | $15,023 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $464,013 | TotalAmt |
| Program Services | $423,458 | ProgramServicesAmt |
| Management And General | $40,555 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $238,857 | TotalAmt |
| Program Services | $205,508 | ProgramServicesAmt |
| Management And General | $33,349 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,850 | TotalAmt |
| Management And General | $1,850 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,758 | TotalAmt |
| Management And General | $16,758 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,000 | TotalAmt |
| Program Services | $18,000 | ProgramServicesAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $222,145 | TotalAmt |
| Program Services | $190,833 | ProgramServicesAmt |
| Management And General | $31,312 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,126 | TotalAmt |
| Program Services | $14,126 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $62,515 | TotalAmt |
| Program Services | $41,445 | ProgramServicesAmt |
| Management And General | $21,070 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $166,489 | TotalAmt |
| Program Services | $161,944 | ProgramServicesAmt |
| Management And General | $4,545 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $84,711 | TotalAmt |
| Management And General | $84,711 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $153,293 | TotalAmt |
| Program Services | $152,775 | ProgramServicesAmt |
| Management And General | $518 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $35,343 | TotalAmt |
| Program Services | $35,119 | ProgramServicesAmt |
| Management And General | $224 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,525 | TotalAmt |
| Management And General | $2,525 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $91,247 | TotalAmt |
| Management And General | $91,247 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,811 | TotalAmt |
| Management And General | $6,811 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| MAGAZINE EXPENSES | $170,440 | $170,440 |
| STATE MANFAC POLL EXPEN | $34,601 | $34,601 |
| BAD DEBT EXPENSE | $15,421 | $15,421 |
| BOOKS | $7,544 | $7,544 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $997 | TotalAmt |
| Program Services | $905 | ProgramServicesAmt |
| Management And General | $92 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,156,461 | TotalAmt |
| Program Services | $4,329,040 | ProgramServicesAmt |
| Management And General | $827,421 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $46,331 | BOYAmt |
| EOY | $230,914 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $608,389 | BOYAmt |
| EOY | $434,414 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,261 | BOYAmt |
| EOY | $170,627 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $295,197 | BOYAmt |
| EOY | $340,070 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $81,665 | BOYAmt |
| EOY | $107,420 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $712,153 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $342,780 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $235,239 | BOYAmt |
| EOY | $369,373 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,024,335 | BOYAmt |
| EOY | $923,238 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $477,595 | BOYAmt |
| EOY | $184,231 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,794,012 | BOYAmt |
| EOY | $2,760,287 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $492,878 | BOYAmt |
| EOY | $515,399 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $232,437 | BOYAmt |
| EOY | $428,279 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $141,692 | BOYAmt |
| EOY | $115,661 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $720,549 | BOYAmt |
| EOY | $1,096,159 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,587,556 | BOYAmt |
| EOY | $2,155,498 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,206,456 | BOYAmt |
| EOY | $604,789 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,206,456 | BOYAmt |
| EOY | $604,789 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,794,012 | BOYAmt |
| EOY | $2,760,287 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$606,002 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $4,335 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,246,152 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,680,119 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,961,272 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,687,212 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,641,243 | CurrentTaxYearAmt |
| Total | $14,215,998 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,246,152 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,680,119 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,961,272 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,687,212 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,641,243 | CurrentTaxYearAmt |
| Total | $14,215,998 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $14,215,998 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,493 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,817 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $6,164 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $21,005 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $20,595 | CurrentTaxYearAmt |
| Total | $56,074 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $14,272,072 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $10,428,462 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.99610 | PublicSupportCY170Pct |
| Public Support PY170 | 0.99680 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | VolunteersInd |
| Paid Staff Or Management | Yes (1) | PaidStaffOrManagementInd |
| Media Advertisements | 0 | MediaAdvertisementsInd |
| Mailings Members | 0 | MailingsMembersInd |
| Publications Or Broadcast | 0 | PublicationsOrBroadcastInd |
| Grants Other Organizations | 0 | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | Yes (1) | DirectContactLegislatorsInd |
| Direct Contact Legislators | $18,000 | DirectContactLegislatorsAmt |
| Rallies Demonstrations | 0 | RalliesDemonstrationsInd |
| Other Activities | 0 | OtherActivitiesInd |
| Total Lobbying Expenditures | $18,000 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | 0 | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II-B, LINE 1: | FormAndLineReferenceDesc |
| Explanation | PART II-B, LINE 1(G), OTHER LOBBYING ACTIVITIES: THE ORGANIZATION WORKED WITH LEGISLATORS TO SUPPORT THE PASSAGE OF A BILL PROVIDING SUPPORT TO MANUFACTURING COMPANIES IN THE STATE WHO HAVE A GROWTH PLAN, BUT CAN NOT AFFORD TO INITIATE THE PLAN WITHOUT FINANCIAL AID. | ExplanationTxt |
Schedule D IRS990ScheduleD
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $168,418 | OtherCostOrOtherBasisAmt |
| Depreciation | $129,988 | DepreciationAmt |
| Book Value | $38,430 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $543,735 | OtherCostOrOtherBasisAmt |
| Depreciation | $212,792 | DepreciationAmt |
| Book Value | $330,943 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $369,373 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DEFERRED OUTFLOW OF RESOURCES | Desc |
| Book Value | $184,231 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $184,231 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| PENSION LIABILITIES | $413,499 |
| PPP LOANS | $675,700 |
| RENT/ LEASE LIABILITIES | $6,960 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,096,159 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $4,552,269 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $4,335 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $4,335 | RevenueNotReportedAmt |
| Revenue Subtotal | $4,547,934 | RevenueSubtotalAmt |
| Other Revenues Not Included | $2,525 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $2,525 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $4,550,459 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $5,153,936 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $5,153,936 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $2,525 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $2,525 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $5,156,461 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | THE ORGANIZATION IS EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE (THE "CODE") AND COMPARABLE STATE LAW, EXCEPT ON NET INCOME DERIVED FROM UNRELATED BUSINESS ACTIVITIES. CONTRIBUTIONS TO IT ARE TAX DEDUCTIBLE WITHIN THE LIMITATIONS PRESCRIBED BY THE CODE. THE ORGANIZATION HAS BEEN CLASSIFIED AS A PUBLICLY SUPPORTED ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A) OF THE CODE. THE ORGANIZATION ASSESSES WHETHER IT IS MORE LIKELY THAN NOT THAT A TAX POSITION WILL BE SUSTAINED UPON EXAMINATION OF THE TECHNICAL MERITS OF THE POSITION, ASSUMING THE TAXING AUTHORITY HAS FULL KNOWLEDGE OF ALL INFORMATION. IF THE TAX POSITION DOES NOT MEET THE MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD, THE BENEFIT OF THE TAX POSITION IS NOT RECOGNIZED IN THE FINANCIAL STATEMENTS. THE ORGANIZATION RECORDED NO ASSETS OR LIABILITIES FOR UNCERTAIN TAX POSITIONS OR UNRECOGNIZED TAX BENEFITS. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | INTEREST EXPENSE 2,525. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | INTEREST EXPENSE 2,525. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ALDERON INDUSTRIES | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 827 151 16TH ST S | AddressLine1Txt |
| City | HAWLEY | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 56549 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 411957620 | RecipientEIN |
| IRC Section | N/A | IRCSectionDesc |
| Cash Grant | $5,750 | CashGrantAmt |
| Purpose Of Grant | WEST CENTRAL INITIATIVE FOUNDATION PASS THROUGH GRANT | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 0 | Total501c3OrgCnt |
| Total Other Org | 1 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | ENTERPRISE MINNESOTA PASSES THROUGH FUNDS FROM WEST CENTRAL INITIATIVE FOUNDATION WHEREBY THE FUNDS ARE RECEIVED AS DESIGNATED FOR SPECIFIC GRANT RECIPIENTS. ENTERPRISE MINNESOTA MONITORS THE USE OF GRANT FUNDS BY REQUIRING SUBSTANTIATION FOR ANY FUNDS THAT ARE USED TO REIMBURSE GRANT RECIPIENTS FOR EXPENDITURES MADE UNDER THE GRANT AWARD OR BY DIRECTLY DISBURSING FUNDS TO THE THIRD PARTY SERVICE PROVIDERS THAT ARE AWARDED A CONTRACT FOR THE PROVISION OF SERVICES TO THE GRANT RECIPIENTS BASED ON INVOICES RECEIVED BY THE SERVICE PROVIDER. IF THE SERVICES REQUIRED UNDER THE GRANT AGREEMENT ARE PROVIDED DIRECTLY BY ENTERPRISE MINNESOTA, THE ORGANIZATION MONITORS THE DIRECT COSTS RELATED TO THE PROJECT AND ALLOCATES THE GRANT FUNDS BASED ON THESE COSTS. GRANT FUNDS THAT ARE NOT EXPENDED THROUGH THE DISBURSEMENT PROCESS BASED ON SUBSTANTIATION ARE RETURNED TO WEST CENTRAL INITIATIVE FOUNDATION. ENTERPRISE MINNESOTA IS NOT RESPONSIBLE FOR EVALUATING GRANT APPLICATIONS OR AWARDING FUNDS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JOHN CONNELLY | ||||||||||||||
| VICE PRESIDENT OF CONSULTING | $131,527 | $0 | $6,619 | $0 | $2,780 | $0 | $8,893 | $0 | $28,037 | $0 | $177,856 | $0 | $0 | $0 |
| LYNN SHELTON | ||||||||||||||
| VICE PRESIDENT OF MARKETING | $133,202 | $0 | $6,635 | $0 | $0 | $0 | $8,698 | $0 | $12,120 | $0 | $160,655 | $0 | $0 | $0 |
| ROBERT H KILL | ||||||||||||||
| PRESIDENT & CEO | $215,537 | $0 | $10,709 | $0 | $1,112 | $0 | $13,945 | $0 | $11,706 | $0 | $253,009 | $0 | $0 | $0 |
| PATRICIA VASATKA | ||||||||||||||
| VICE PRESIDENT OF FINANCE | $119,722 | $0 | $6,186 | $0 | $2,737 | $0 | $8,207 | $0 | $27,707 | $0 | $164,559 | $0 | $0 | $0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | A COPY OF FORM 990 IS REVIEWED BY TWO MEMBERS OF THE FINANCE DEPARTMENT AND APPROVED BY THE CEO AND THEN FORWARDED TO THE BOARD FOR REVIEW PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. |
| FORM 990, PART VI, SECTION B, LINE 12C | A DIRECTOR, EMPLOYEE OR OFFICER OF THE ORGANIZATION MAY NOT PARTICIPATE IN, OR VOTE UPON, A DECISION OF THE BOARD RELATING TO AN ORGANIZATION WHICH THE DIRECTOR, EMPLOYEE OR OFFICER (OR A MEMBER OF THAT PERSON'S FAMILY) HAS EITHER A DIRECT OR INDIRECT FINANCIAL INTEREST. THE CHAIR (OR DESIGNEE) MAKES THE FINAL DETERMINATION AS TO WHETHER OR NOT A VOTING SITUATION PRESENTS A CONFLICT OF INTEREST. POTENTIAL CONFLICTS ARE NOTED IN ADVANCE OF A BOARD MEETING AND PROCEEDINGS ARE DOCUMENTED IN THE MEETING MINUTES. |
| FORM 990, PART VI, SECTION B, LINE 15 | OUR HR CONSULTANT DISCUSSES FACTORS RELATED TO CEO COMPENSATION WITH THE PERSONNEL COMMITTEE OF THE BOARD OF DIRECTORS, WHICH IS THEN REVIEWED BY THE BOARD OF DIRECTORS AND MEMORIALIZED IN AN EMPLOYMENT AGREEMENT. THE PERFORMANCE REVIEW PROCESS IS SUBSTANTIATED BY A MARKET ASSESSMENT OF CERTAIN POSITIONS. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION'S FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC AT THE MINNESOTA OFFICE OF THE LEGISLATIVE AUDITOR AND THROUGH THE FEDERAL CLEARING HOUSE. THE ORGANIZATION'S GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS NOT MADE AVAILABLE TO THE PUBLIC. |
| FORM 990, PART XII, LINE 2C: | THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS OR THE BOARD AS A WHOLE PARTICIPATES IN THE SELECTION OF OUR AUDIT FIRM. THEY ALSO REVIEW THE AUDITED FINANCIAL STATEMENTS PRIOR TO FINALIZATION. |