2024-09-20T09:44:16-05:00 2023-12-31 411397419 Abdo LLP 5201 Eden Ave Ste 250 Edina MN 55436 990 2023-01-01 411291626 Tree Trust TREE 9527673880 1419 Energy Park Dr St Paul MN 55108 Jared Smith Executive Director 9527673880 2024-08-23 1 0 Hannah M Hugen CPA P02078276 9528359090 2024-08-23 2023 2024-08-08 14:25:15Z Jared Smith 1419 Energy Park Dr St Paul MN 55108 7793535 0 X www.treetrust.org X 1976 MN To transform lives and landscapes by engaging people to build skills for meaningful careers, inspiring people to plant trees, and making our community a greener, healthier place to live. 4 4 371 880 2693123 0 2731816 3156405 3831016 4612470 7652 16956 821 7704 6571305 7793535 0 0 0 0 3741092 4421411 0 0 162729 2403395 3051811 6144487 7473222 426818 320313 3789155 4436462 946622 1190472 2842533 3245990 Tree Trust's mission is to transform lives and landscapes by engaging people to build skills for meaningful careers, inspiring people to plant trees, and making our community a greener, healthier place to live. 0 0 3054149 1312327 Career Pathways programming trains promising young people to gain technical skills for high-demand, living-wage careers in the skilled trades and green industry and move directly into employment or ongoing education following programming. 1079269 607020 Community Forestry programs combat emerald ash borer and promote a resilient, thriving urban forest by planting thousands of trees in areas that need them most. 2327665 Landscape Services directly supports programming with earned income through professional tree care and landscaping services and provides career training in a registered arborist apprenticeship. 6461083 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 0 0 0 0 0 0 0 0 0 0 0 0 1 16 0 1 371 1 1 1 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 X X Anders Hawes Director of Finance 9527673880 1419 Energy Park Drive St Paul MN 55108 Jared Smith Executive Director 40.00 X 122192 0 13326 Rhea Rochon Chair 2.00 X X 0 0 0 Michael Huntington Vice Chair 2.00 X X 0 0 0 Gennae Falconer Secretary 2.00 X X 0 0 0 Larry Crosby Director 2.00 X 0 0 0 Dana Beasley Treasurer 2.00 X 0 0 0 122192 0 13326 1 0 0 0 Absolutely Stumped 5009 Overlook Dr Bloomington MN 55437 Stump grinding 148828 1 2335563 820842 3156405 Landscaping Revenue 561700 4612470 1919347 2693123 4612470 16956 16956 Miscellaneous Revenue 900099 7704 7704 7704 7793535 1919347 2693123 24660 135518 98928 36590 3654595 3184357 388865 81373 68216 55575 11747 894 333879 293354 35186 5339 229203 186877 33974 8352 5993 5993 54437 54437 186277 99842 83011 3424 13426 6090 3788 3548 16771 11043 3933 1795 45378 39204 5535 639 231940 215241 12280 4419 104701 85452 18054 1195 5859 5437 310 112 137419 122600 11919 2900 120602 72877 46509 1216 Project Materials 1286874 1285853 751 270 Equipment 594745 567523 19856 7366 Participant Support 151745 151745 Dues and Subscriptions 68798 52428 14334 2036 26846 25585 1261 7473222 6461083 849410 162729 1463372 1446320 515225 728749 454830 383110 82983 187832 2089301 1475836 481102 613465 445184 537569 346459 539417 3789155 4436462 348954 514761 63950 5000 168508 116067 365210 554644 946622 1190472 X 2410833 2645617 431700 600373 2842533 3245990 3789155 4436462 320313 83144 0 X X 0 1 X 1 1 1 X 2437699 2619103 2717555 2731816 3156405 13662578 2437699 2619103 2717555 2731816 3156405 13662578 13662578 13479 15142 33957 7652 16956 87186 409633 290584 159031 126477 0 985725 638 4962 16364 2300 7704 31968 14767457 4932261 0.92520 0.91770 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 83245 83245 0 2006056 1392591 613465 613465 Operating right-of-use asset, net of amortization 388204 Finance right-of-use asset, net of amortization 151213 539417 Finance lease liability 154598 Operating lease liability 400046 554644 X 7876679 83144 83144 7793535 0 7793535 7473222 0 7473222 0 7473222 Part X, Line 2: The Organization is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code and is also exempt from Minnesota franchise and income taxes for related business activities. The Organization performs landscaping services that are subject to tax on unrelated business income and makes estimated quarterly tax payments throughout the year. For fiscal year 2023, there were no income tax expense, accrued interest, or penalties recognized in either the statement of financial poistion or the statement of activities. Tree Trust is required to assess 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 that position is not recognized in the financial statements. Tree Trust has determined there are no amounts to record as assets or liabilities related to uncertain tax positions. Federal returns for the years ended 2020 and beyond remain subject to examination by the Internal Revenue Service. Form 990, Part VI, Section B, line 11b Form 990 is reviewed by the finance and audit committee then is presented to board of directors for review prior to being filed with the Internal Revenue Service. Form 990, Part VI, Section B, line 12c Board members and key staff complete a written conflict of interest statement annually and are responsible for disclosing potential conflicts when they arise due to new transactions. This statement is retained in the organization's administrative offices. Disclosure should be made to the Board Chair who shall then bring the matter to the board or appropriate committee. The board or committee will then determine whether the conflict exists and in the case of the existing conflict, whether the contemplated transaction may be authorized as just, fair, and reasonable to Tree Trust. Any person with perceived or actual conflict of interest is excluded from the discussion and approval of such transaction to which the conflict relates. The policy expands to cover all Tree Trust staff. Any potential conflicts at the staff level are reported to the Executive Director. The potential conflicts are then presented to the board by the Executive Director. Form 990, Part VI, Section B, line 15 The process for determining compensation of top management and officers uses comparative data on wages paid to like employees in similar sized and located organizations. This data is reviewed to determine an appropriate level of pay. Potential pay increases from year to year are based on scores on employee performance evaluations. Form 990, Part VI, Section C, line 19 Documents are made available to the public upon request. The Form 990 is also available on GuideStar. Form 990, Part XII, Line 2c: There have been no changes from the prior year.