2024-05-14T11:17:24-05:00 2023-06-30 920370318 REDPATH AND COMPANY LLC 4810 WHITE BEAR PARKWAY WHITE BEAR LAKE MN 55110 990 2022-07-01 274476087 NEWTRAX INC NEWT 6517896221 3700 HIGHWAY 61 NORTH 100 WHITE BEAR LAKE MN 55110 JOHN WAYNE BARKER CHAIR 6517896221 2024-05-13 1 JOHN WAYNE BARKER 999009999 0 CATHY A LYDON CPA P03217215 6514267000 2024-05-13 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z MIKE GREENBAUM 3700 HIGHWAY 61 NORTH 100 WHITE BEAR LAKE MN 55110 4853465 0 X WWW.NEWTRAX.ORG X 2011 MN THE PRIMARY OBJECTIVES ARE TO: (I) ENSURE SAFE, ACCESSIBLE, AND RELIABLE TRANSPORTATION TO OVER 750 CLIENTS OF MERRICK, INC., PAI, AND OTHER PARTNER ORGANIZATIONS (II) MAXIMIZE OPERATIONAL EFFICIENCIES TO REDUCE EXPENSES AND STABILIZE SERVICES IN ANTICIPATION OF LESS GOVERNMENT REIMBURSEMENT; (III) DEVELOP STRATEGIC COLLABORATIONS THAT INCREASE THE POTENTIAL OF EACH ORGANIZATION TO DELIVER SERVICES TO THEIR RESPECTIVE CLIENTS AND (IV) CONTRIBUTE TO THE OVERALL HEALTH AND WELL BEING OF OUR COMMUNITIES BY REDUCING THE NUMBER OF VEHICLES CONGESTING ROADS AND VEHICLE EMISSIONS. 4 2 100 25 298833 22505 459547 450296 4307977 4339157 93 6035 3793 57977 4771410 4853465 0 0 0 0 2943330 3270500 0 0 0 1832271 1918494 4775601 5188994 -4191 -335529 2612378 2634701 414073 768057 2198305 1866644 THE MISSION OF NEWTRAX, INC. IS TO INCREASE THE POTENTIAL OF EACH MEMBER ORGANIZATION TO ADVANCE THEIR CHARITABLE MISSION MORE EFFECTIVELY AND WITH GREATER EFFICIENCY. 0 0 4463877 0 3478905 PROVIDED OVER 1,200 RIDES TO CLIENTS ON APPROXIMATELY 250 DAYS . 168819 0 239560 PROVIDED ADMINISTRATIVE SERVICES INCLUDING FINANCIAL MANAGEMENT, FACILITY MAINTENANCE, VEHICLE SERVICES AND SPACE RENTALS. 4632696 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 1 17 0 1 100 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 4 2 1 0 0 0 1 1 0 1 0 0 0 1 1 1 1 0 0 1 1 0 MN X X MIKE GREENBAUM 6517896221 3700 HWY 61 N ST PAUL MN 55110 JOHN WAYNE BARKER CHAIR 1.00 X X 0 0 0 MICHAEL MINER VICE-CHAIR 1.00 X X 0 0 0 CLIFF HANSON SECRETARY/ TREASURER 1.00 X X 0 0 0 JOE MURPHY MEMBER 1.00 X 0 0 0 MIKE GREENBAUM EXECUTIVE DIRECTOR 40.00 X 110507 0 10637 110507 0 10637 1 0 0 0 0 178623 271673 195879 450296 TRANSPORTATION MEMBERS 485000 3420928 3420928 TRANSPORTATION - OTHER 485000 678669 298833 379836 RENTAL INCOME 531120 177704 177704 ADMINISTRATIVE SERVICE 561499 61856 61856 4339157 6035 6035 VEHICLE SERVICES 36630 36630 SUBCONTRACT SERVICES 20267 20267 1080 1080 57977 4853465 3718465 298833 385871 121145 24229 96916 2518854 2336177 182677 435869 387923 47946 194632 173243 21389 53443 53443 79 79 31381 31381 804 804 26451 23541 2910 454 404 50 18424 16397 2027 16949 15085 1864 347912 310139 37773 4822 4335 487 412681 367286 45395 219029 194936 24093 TRANSPORTATION EXPENSE 721950 721950 EMPLOYEE EXPENSES 24225 21560 2665 DUES AND SUBSCRIPTIONS 5301 4718 583 34589 30773 3816 5188994 4632696 556298 0 500 500 945243 547100 108317 92569 320949 318702 5344 35551 4258886 3268934 1139987 989952 58417 251849 33621 398478 2612378 2634701 264073 258560 150000 147090 0 362407 414073 768057 X 2185180 1858394 13125 8250 2198305 1866644 2612378 2634701 -335529 3868 0 X 0 1 X 1 0 X 537202 941785 1234413 459547 450296 3623243 3112452 2562267 3333128 3733417 3718465 16459729 3649654 3504052 4567541 4192964 4168761 20082972 0 0 0 20082972 295 723 48 93 6035 7194 10466 5085 28233 6579 22505 72868 10761 5808 28281 6672 28540 80062 3660415 3509860 4595822 4199636 4197301 20163034 0.99600 0.99690 0.00400 0.00310 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 438482 334555 103927 85954 53841 32113 3734450 2880538 853912 989952 DEPOSITS RECEIVABLE 40594 RIGHT-OF-USE ASSET 357884 398478 LEASE LAIBILITY 362407 362407 X 4856529 3868 3868 4852661 804 804 4853465 5188190 0 5188190 804 804 5188994 PART X, LINE 2: A TAX EXPENSE OR BENEFIT FROM AN UNCERTAIN INCOME TAX POSITION (INCLUDING TAX-EXEMPT STATUS) MAY BE RECOGNIZED ONLY WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT BELIEVES NEWTRAX HAS NO UNCERTAIN INCOME TAX POSITIONS THAT WOULD RESULT IN AN ACCRUAL, EXPENSE OR BENEFIT UNDER THE MORE LIKELY THAN NOT STANDARD. FORM 990 PART X: JULY 1, 2022 AS THE DATE OF INITIAL ADOPTION. NEWTRAX ELECTED THE PACKAGE OF PRACTICAL EXPEDIENTS PERMITTED UNDER THE TRANSITION GUIDANCE WITHIN THE NEW STANDARD, WHICH AMONG OTHER THINGS, ALLOWED NEWTRAX TO CARRY FORWARD THE HISTORICAL LEASE CLASSIFICATION. UPON IMPLEMENTATION ROU ASSETS AND OPERATING LEASE LIABILITIES INCREASED BY $529,354, WHICH RESULTED IN NO CHANGE IN NET ASSETS AS OF JULY 1, 2022. ADOPTION OF THE NEW STANDARD DID NOT MATERIALLY IMPACT THE NEWTRAX'S NET INCOME AND HAD NO IMPACT ON CASH FLOWS. MERRICK INC CO-FOUNDER 1267510 TRANSPORTATION, RENT, & ADMINISTRATIVE SERVICES 0 PHOENIX ALTERNATIVES INC CO-FOUNDER 1798153 TRANSPORTATION, RENT, & ADMINISTRATIVE SERVICES 0 X 195879 0 0 0 PART I, COLUMN (B): THE ORGANIZATION RECEIVED FUNDING IN THE FORM OF DISCOUNTED PURCHASE PRICE OF VEHICLES. FORM 990, PART VI, SECTION A, LINE 2 EACH MEMBER ORGANIZATION OF NEWTRAX APPOINTS TWO BOARD MEMBERS FROM THEIR OWN ORGANIZATIONS. FORM 990, PART VI, SECTION A, LINE 6 THE TWO FOUNDING MEMBERS OF NEWTRAX ARE EQUAL MEMBERS. THE MEMBERS OF NEWTRAX, MERRICK, INC. AND PHOENIX ALTERNATIVES, INC. [BOTH PUBLICLY SUPPORTED 501(C)(3) ORGANIZATIONS], EACH HAVE A 50% VOTING AND RESIDUAL EQUITY INTEREST IN NEWTRAX AND THUS ARE NOT CONSIDERED TO BE RELATED ORGANIZATIONS AS DEFINED BY THIS FORM'S INSTRUCTIONS. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF EACH FOUNDING MEMBER ELECTS ITS TWO REPRESENTATIVES TO THE NEWTRAX BOARD. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE FULL BOARD. FORM 990, PART VI, SECTION B, LINE 11B A PRELIMINARY DRAFT IS REVIEWED BY THE EXECUTIVE DIRECTOR AND A FINAL COPY IS PROVIDED TO ALL BOARD MEMBERS FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C ACKNOWLEDGMENT OF THE CONFLICT OF INTEREST POLICY IS SIGNED BY EACH DIRECTOR. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION OF THE EXECUTIVE DIRECTOR IS DETERMINED BY THE BOARD. ALL OTHER EMPLOYEE COMPENSATION MUST BE DETERMINED BY THE EXECUTIVE DIRECTOR. SALARY SURVEY INFORMATION IS USED TO DETERMINE THESE SALARIES. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS WILL BE MADE AVAILABLE UPON REQUEST.