2019-11-15T15:51:15-06:00 2018-12-31 411360831 OLSEN THIELEN & CO LTD 2675 LONG LAKE ROAD ST PAUL MN 55113 990 2018-01-01 201788275 THE MAIN STREET PROJECT MAIN 6128797578 105 4TH ST E NO 213 NORTHFIELD MN 55057 JULIE RISTAU CHIEF EXECUTIVE OFFICER 6128797578 2019-11-13 1 LINDA M NELSON CPA P00205567 6514834521 50.201.188.58 2019-11-13 07:55:09 CS P FE11DA12C5E1108E0FF0F5D126AEDF33FAAFC614 848F52965C9E4150FF15E08B0BF2C6C057B8FAD7 2018 2020-03-31 21:24:44Z JULIE RISTAU 105 4TH ST E NO 213 NORTHFIELD MN 55057 1203856 0 X MAINSTREETPROJECT.ORG X 2004 MN TO INCREASE ACCESS TO RESOURCES, SHARE KNOWLEDGE AND BUILD POWER IN ORDER TO CREATE A SOCIALLY, ECONOMICALLY AND ECOLOGICALLY RESILIENT FOOD SYSTEM. 4 4 11 175 0 0 326634 1042648 231345 160685 190 488 0 35 558169 1203856 0 0 0 0 478931 546803 0 0 100589 559525 450364 1038456 997167 -480287 206689 805264 1021929 706602 716578 98662 305351 X TO INCREASE ACCESS TO RESOURCES, SHARE KNOWLEDGE AND BUILD POWER IN ORDER TO CREATE A SOCIALLY, ECONOMICALLY AND ECOLOGICALLY RESILIENT FOOD SYSTEM. 0 0 736830 160685 MSP 2018 990 PROGRAM ACCOMPLISHMENTSMAIN STREET PROJECT (MSP) HAS SUCCESSFULLY PROTOTYPED OUR MODEL PRODUCTION UNITS - POULTRY COOPS SURROUNDED BY WELL MANAGED 1 ACRE PERENNIAL PADDOCKS - AND HAS DEVELOPED LOCAL AND NATIONAL PARTNERSHIPS AND INNOVATIVE DE-RISKING AND FINANCING INITIATIVES TO ACCELERATE ON-FARM REPLICATION AND CAPITAL INVESTMENT IN SE MINNESOTA. WE HAVE TRAINED MORE THAN 80 LATINX AGRIPRENEURS SINCE 2014. OUR MODEL PRODUCES REAL TRIPLE BOTTOM LINE IMPACTS, IS ACCESSIBLE TO BEGINNING AND IMMIGRANT FARMERS, AND IS SCALABLE. -IN 2018 WE PROVIDED TRAINING AND MARKETING SUPPORT FOR SIX ADVANCED LATINX TRAINEES. AFTER ALL EXPENSES, AGRIPRENEURS NETTED BETWEEN $3200 AND $5700 PER FLOCK. -WE ALSO LAUNCHED TWO LATINA INDEPENDENT PRODUCERS FROM OUR PROGRAM AND HELPED SECURE FIRST EVER OPERATING LOANS FROM A NEW REGIONAL GROW A FARMER FUND.WE CONTINUED FIRST PHASE ESTABLISHMENT OF OUR 100-ACRE FARM, TRANSITIONING FROM CONVENTIONAL TO ORGANIC PERENNIAL AND POULTRY PRODUCTION, AND SYSTEMS RESEARCH, DEMONSTRATION AND TRAINING. ACCOMPLISHMENTS INCLUDED:-ESTABLISHING A COMMUNITY AREA OF THE FARM INCLUDING AN ORCHARD, POLYCULTURES, LAND-SHARE PROGRAM AND DEMONSTRATION GARDEN FOR MULTI-GENERATIONAL FAMILIES;-WORKING WITH 250 COMMUNITY MEMBERS TO HARVEST OVER 7,000 LBS OF FRESH, CULTURALLY APPROPRIATE FOOD AT NO COST;-EXPANDING OUR BI-LINGUAL TRAINING PROGRAMS AND CURRICULA TO INCLUDE VEGETABLE PRODUCTION, ENTERPRISE DEVELOPMENT AND PERENNIAL CROPS. -INSTALLING A 22-ACRE AGROFORESTRY DEMONSTRATION FIELD;-PLANTING THREE ACRES OF CASH CROPS INCLUDING ASPARAGUS AND GARLIC;-HOSTING MORE THAN 1200 VISITORS INCLUDING ORGANIZED TOURS BY EDUCATORS, FIELD EXPERTS, SCIENTISTS, COMMUNITY MEMBERS AND FARMERS INTERESTED IN OUR MODEL;-SECURING SUPPORT FROM NEW DONORS TO FINANCE THE FARM BUILD OUT. WE DEVELOPED INNOVATIVE DE-RISKING STRATEGIES FOR BEGINNING AND TRANSITIONING FARMERS-- INCLUDING FINANCING, LAND ACCESS, PERENNIAL PLANT MATERIAL. ACCOMPLISHMENTS INCLUDED:-ESTABLISHING PERENNIAL NURSERIES TO PROVIDE FREE OR LOW-COST WOODY PERENNIAL PLANT MATERIAL (HAZELNUTS, ELDERBERRIES) TO REDUCE THE COST OF TRANSITION TO PARTICIPATING FARMERS;-PILOTING FLEXIBLE LAND-USE EASEMENTS WITH DAKOTA COUNTY TO ENCOURAGE GROWTH OF DEEP-ROOTED PERENNIAL SMALL GRAINS ON MARGINAL LANDS;-CREATING INNOVATIVE FINANCING AND LAND ACCESS MECHANISMS FOR FARMERS LIKE OURS WHO RESTORE SOIL QUALITY AND GENERATE OTHER TRIPLE BOTTOM LINE BENEFITS; AND-PROVIDING TECHNICAL ASSISTANCE, TRAINING, DEMONSTRATION AND SUPPORT FOR FARMERS USING OUR MODEL. WE ESTABLISHED THE PARTNERSHIPS NEEDED FOR REGIONAL EXPANSION WITH KEY NONPROFIT, FOR-PROFIT, GOVERNMENT AND INSTITUTIONAL PARTNERS, INCLUDING:-SHARED CAPITAL COOPERATIVE, A CDFI WORKING TO SUPPORT LATINX FARMERS THROUGH DEVELOPMENT OF A POOL OF OPERATING LOANS FOR MSP-MODEL COOP CONSTRUCTION, AND COLLABORATING WITH MSP ON STRUCTURING A GROWER'S COOPERATIVE;-LIFT ECONOMY, WHICH IS COLLABORATING WITH MSP ON DEVELOPMENT OF REGIONAL BUSINESS MODELING, COOPERATIVE GOVERNANCE/OWNERSHIP STRUCTURING, AND FRANCHISING/REPLICATION EXPANSION STRATEGIES; AND-IROQUOIS VALLEY FARMS, WHICH PROVIDES FARMER-FRIENDLY MORTGAGE FINANCING TO BEGINNING ORGANIC FARMERS SEEKING LAND ACCESS. 736830 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 13 0 1 11 1 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MN X THE ORGANIZATION 6128797578 105 4TH ST E NO 213 NORTHFIELD MN 55057 JIM BLAHA BOARD CHAIR 4.00 X X 0 0 0 DAVID OSTENDORF BOARD TREASURER 2.00 X X 0 0 0 ERIN MEIER BOARD MEMBER 2.00 X 0 0 0 BARBARA STRANDELL BOARD MEMBER 2.00 X 0 0 0 JULIE RISTAU CHIEF EXECUTIVE OFFICER 40.00 X 83924 0 11719 83924 0 11719 0 0 0 0 0 1042648 27000 1042648 PROGRAM SERVICE FEES 900099 160685 160685 160685 488 488 EXPENSE REIMBURSEMENTS 900099 35 35 35 1203856 160720 0 488 95643 70180 13689 11774 361315 265120 51717 44478 42244 30999 6045 5200 47601 34929 6812 5860 7712 5784 1928 32037 32037 30378 7138 23240 146 146 52452 12149 38265 2038 156 114 22 20 15997 11739 2289 1969 24451 19561 2445 2445 11176 8201 1599 1376 29837 27889 974 974 6896 4683 1427 786 EDUCATION AND TRAINING 124354 124354 FLOCK COSTS 47513 47513 EVALUATING SERVICES 20000 20000 FARM REPAIRS & MAINTENA 16905 16905 30354 29426 499 429 997167 736830 159748 100589 188396 121802 10593 49041 55000 290000 24197 7463 48074 13612 4625 754723 221452 479004 533271 0 2115 805264 1021929 106602 72604 600000 643974 706602 716578 X -122171 -30482 220833 335833 98662 305351 805264 1021929 206689 0 X 0 1 X 0 0 X 877813 245042 1002871 326634 1042648 3495008 87486 209265 212361 231345 160685 901142 965299 454307 1215232 557979 1203333 4396150 0 0 0 4396150 277 2874 302 190 523 4166 277 2874 302 190 523 4166 965576 457181 1215534 558169 1203856 4400316 0.99910 0.99900 0.00090 0.00130 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 477680 477680 201870 166703 35167 74084 53950 20134 1089 799 290 533271 X 1203856 0 1203856 0 1203856 997167 0 997167 0 997167 PART X, LINE 2: ASC 740 FOOTNOTE FROM AUDITED FINANCIAL STATEMENTS: THE ORGANIZATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, THEREFORE, THE STATEMENTS DO NOT INCLUDE A PROVISION FOR INCOME TAXES. THE ORGANIZATION REVIEWS INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN INCOME TAX RETURNS TO DETERMINE IF THERE ARE ANY INCOME TAX UNCERTAINTIES. THIS INCLUDES POSITIONS THAT THE ENTITY IS EXEMPT FROM INCOME TAXES OR NOT SUBJECT TO INCOME TAXES ON UNRELATED BUSINESS INCOME. THE ORGANIZATION RECOGNIZES TAX BENEFITS FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITIONS WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF ALL POSITIONS. THE ORGANIZATION HAS IDENTIFIED NO INCOME TAX UNCERTAINTIES. THE ORGANIZATION FILES INFORMATION RETURNS AS A TAX-EXEMPT ORGANIZATION. SHOULD THE STATUS BE CHALLENGED IN THE FUTURE, ALL YEARS SINCE INCEPTION COULD BE SUBJECT TO REVIEW BY THE IRS. 1 BOB WEIDMAN 3233 HARRIET AVENUE MINNEAPOLIS MN 55408 FUNDRAISING 0 0 23240 0 23240 AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY X HAZELNUT TREES 7700 27000 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS WILL HOLD A SPECIAL MEETING TO CONSIDER AND APPROVE THE FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST FORMS ARE SIGNED BY ALL EMPLOYEES AND BOARD MEMBERS AT THE BEGINNING OF EACH FISCAL YEAR AND ARE REVIEWED DURING THE YEAR AS NEW VENDORS ARE IDENTIFIED. FORM 990, PART VI, SECTION B, LINE 15 PERFORMANCE REVIEWS OF THE CEO ARE PERFORMED BY THE BOARD AT LEAST BI-ANNUALLY; RELATED SALARIES ARE REVIEWED AND APPROVED ANNUALLY AS PART OF THE REGULAR REVIEW AND APPROVAL OF THE ANNUAL BUDGET. FORM 990, PART VI, SECTION C, LINE 19 PAPER COPIES ARE KEPT ON FILE AND ARE AVAILABLE TO THE PUBLIC DURING REGULAR BUSINESS HOURS. ELECTRONIC COPIES ARE KEPT FOR DISTRIBUTION TO ELECTRONIC REQUESTS. MAIN STREET RESEARCH FARM LLC 105 EAST 4TH STREET SUITE 213 NORTHFIELD MN 55047 820606048 FARM USING MSP'S POULTRY/PERENNIAL MODEL MN 0 0