2025-05-01T10:54:56-05:00 2024-06-30 410746749 CLIFTONLARSONALLEN LLP 8215 GREENWAY BOULEVARD SUITE 600 MIDDLETON WI 53562 990 2023-07-01 363558710 URBAN VENTURES LEADERSHIP FOUNDATION URBA 6126381000 2924 4TH AVENUE S MINNEAPOLIS MN 55408 RENEE SHERMAN VP OF FINANCE AND OPERTIONS 6126381000 2025-04-24 1 1 LAURA SCHWEITZER CPA P01760010 6086628600 2025-04-24 2023 2025-03-06 01:10:19Z DAVID HAWN 2924 4TH AVENUE S MINNEAPOLIS MN 55408 9369204 0 X URBANVENTURES.ORG X 1987 MN TO EDUCATE KIDS, STRENGTHEN THEIR FAMILIES, AND BUILD A HEALTHY COMMUNITY. 10 10 120 184 0 0 9974338 6865012 1101297 1446497 -317834 573467 169925 329 10927726 8885305 36509 33500 0 0 3663363 4437832 112500 112500 473429 2343887 2786106 6156259 7369938 4771467 1515367 27759469 30560648 642279 1496359 27117190 29064289 X URBAN VENTURES LEADERSHIP FOUNDATION ENVISIONS A CITY WITHOUT POVERTY BY EDUCATING KIDS, STRENGTHENING THEIR FAMILIES, AND BUILDING HEALTHY COMMUNITIES. 0 0 2277775 0 22346 EDUCATION AND LITERACY- ACADEMIC SUPPORT IS PROVIDED THROUGH ME & MY BABY!, CORNWELL EARLY LEARNING CENTER, SUMMER VENTURES, AND READING PLUS. THROUGH ME AND MY BABY, 622 MOTHERS RECEIVED PRENATAL EDUCATION AND PARENTING SUPPORT, EQUIPPING THEM TO PROMOTE THEIR CHILDREN'S HEALTHY DEVELOPMENT. AT THE CORNWELL EARLY LEARNING CENTER, 104 STUDENTS WERE ASSESSED FOR DEVELOPMENTAL MILESTONES, ENSURING THAT ALL GRADUATES WERE PREPARED TO SUCCEED IN KINDERGARTEN. READING PLUS PROVIDED INTENSIVE LITERACY INTERVENTION FOR 167 CHILDREN, HELPING THEM ACHIEVE THREE MONTHS OF LITERACY PROGRESS FOR EVERY ONE MONTH IN THE PROGRAM. SUMMER VENTURES OFFERED ACADEMIC SUPPORT TO PREVENT LEARNING LOSS DURING SCHOOL BREAKS, KEEPING 96 STUDENTS ON TRACK FOR SUCCESS. THE LONG-TERM GOAL OF THESE PROGRAMS IS TO ENSURE EVERY CHILD HAS THE TOOLS TO SUCCEED ACADEMICALLY AND THRIVE IN FUTURE EDUCATIONAL SETTINGS. 1453949 0 1210476 YOUTH PROGRAMMING - URBAN VENTURES YOUTH PROGRAMMING INCLUDES - ACT SIX, INNOVATION CENTER, MUSIC, YOUTH MENTORING, LAKE STREET WORKS, AND UV COLLEGE AND CAREER CENTER. THROUGH THE COLLEGE AND CAREER CENTER, 391 STUDENTS FROM AT LEAST SIX LOCAL HIGH SCHOOLS EXPLORED POST-SECONDARY OPPORTUNITIES AND RECEIVED ASSISTANCE WITH TASKS LIKE FAFSA APPLICATIONS AND JOB INTERVIEW PREPARATION. YOUTH MENTORING PROGRAMS SUPPORTED 408 STUDENTS ON CAMPUS AND AT PARTNER SCHOOLS, PROVIDING MENTAL HEALTH EDUCATION AND EMOTIONAL SUPPORT. ACT SIX OFFERED 226 COLLEGE STUDENTS LEADERSHIP TRAINING, ACADEMIC GUIDANCE, AND EMOTIONAL SUPPORT AS THEY NAVIGATED HIGHER EDUCATION. MUSIC EDUCATION PROGRAMS ENGAGED 655 STUDENTS THROUGH GUITAR AND PIANO LESSONS, ARTIST DEVELOPMENT, AND MUSIC EXPLORATION ACTIVITIES. LAKE STREET WORKS PREPARED 87 STUDENTS FOR CAREERS IN VOCATIONAL TRADES THROUGH A 10-MONTH TRAINING PROGRAM. THE INNOVATION CENTER PROVIDED 279 STUDENTS WITH TECHNOLOGY-BASED EDUCATION AND STEM LEARNING OPPORTUNITIES. TOGETHER, THESE PROGRAMS AIM TO INSTILL YOUNG PEOPLE WITH THE SKILLS, EDUCATION, AND CONFIDENCE NEEDED FOR LONG-TERM PERSONAL AND PROFESSIONAL SUCCESS. 752515 0 0 FARM & NUTRITION - AT URBAN VENTURES' URBAN FARM, 820 PARTICIPANTS ENGAGED IN EDUCATIONAL PROGRAMMING FOCUSED ON NUTRITION AND SUSTAINABLE AGRICULTURE, WHILE AN ADDITIONAL 1,000 COMMUNITY MEMBERS RECEIVED FRESH, LOCALLY-GROWN PRODUCE FOR FREE THROUGH THE FARM STAND. THE LONG-TERM GOAL OF THESE PROGRAMS IS TO FOSTER A HEALTHIER, SAFER, AND MORE CONNECTED COMMUNITY THROUGH EDUCATION, PREVENTION, AND OPPORTUNITY. 640743 28000 3335 PROGRAM SERVICES SUPPORTS ALL UV PROGRAMS THROUGH COMMUNITY OUTREACH IN ADDITION TO WORKING WITH VOLUNTEERS AND COMMUNITY PARTNERS. URBAN VENTURES ALSO SUPPORTED 21 LOCAL SMALL BUSINESSES BY PROVIDING CONSULTATIONS TO IMPROVE THEIR VIABILITY AND GROWTH POTENTIAL. 587324 5500 210340 FAMILY PROGRAMMING - URBAN VENTURES FAMILY PROGRAMMING OFFERS SIEMPRE PADRES AND PATHWAYS. SIEMPRE PADRES ASSISTS FAMILIES WHO WANT TO GROWN IN THEIR INTERPERSONAL RELATIONSHIPS AND LEARN NEW DYNAMICS TO BE EVEN BETTER PARENTS. PATHWAYS IS A DIVERSION PROGRAM IN PARTNERSHIP WITH THE MINNEAPOLIS CITY ATTORNEY'S OFFICE, DESIGNED AS AN ALTERNATIVE FOR THOSE CHARGED WITH MISDEMEANOR GUN OFFENCES. MEN AND WOMEN ARE WELCOME TO PROGRAMS. CHILDCARE AND A MEAL ARE PROVIDED WITH EACH PROGRAM. THE PROGRAMS ARE OFFERED AT NO COST. OUR PATHWAYS PROGRAM IS EXPANDING NEXT YEAR TO PARTNER WITH ST. PAUL AND HENNEPIN COUNTY. 1228067 33500 213675 5712306 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 49 0 1 120 1 0 0 0 0 0 0 0 0 0 1 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MN X X X RENEE SHERMAN 6126381000 2924 4TH AVENUE SOUTH MINNEAPOLIS MN 55408 GAYLEN KNACK CHAIR/EXEC COMMITTEE 1.00 X X 0 0 0 ROY FERBER TREASURER/EXEC COMMITTEE 1.00 X X 0 0 0 SHANNON FOREMAN EXEC COMMITTEE 1.00 X X 0 0 0 DEAN HAGER DIRECTOR 1.00 X 0 0 0 DEREK WEATHERFORD DIRECTOR 1.00 X 0 0 0 JEREMY WILLIAMSON DIRECTOR 1.00 X 0 0 0 KATHRYN GRAVES UNGER DIRECTOR 1.00 X 0 0 0 SAMANTHA SOMMERNESS DIRECTOR 1.00 X 0 0 0 SHANEQUA WILLIAMS DIRECTOR 1.00 X 0 0 0 TIM HOWE DIRECTOR 1.00 X 0 0 0 DAVID HAWN PRESIDENT AND CEO 40.00 X 130024 0 28421 RENEE SHERMAN VP OF FINANCE AND OPERATIONS 36.00 X 130211 0 0 260235 0 28421 2 0 1 0 LONSBURY & ASSOCIATES 16800 45TH AVENUE N PLYMOUTH MN 55446 PROFESSIONAL FUNDRAISER 112930 1 715893 263219 5885900 1889987 6865012 PROGRAM FEES 611710 1446497 1446497 1446497 465793 465793 47471 47471 105832 0 105832 105832 105832 42792 290996 151306 74808 -108514 216188 107674 107674 74787 715893 247415 -172628 -172628 10198 10370 -172 -172 MISCELLANEOUS REVENUE 900099 19826 19826 19826 8885305 1446497 0 573796 28000 28000 5500 5500 315517 45887 177854 91776 3423173 2986765 334266 102142 36791 30029 6366 396 331930 265695 58144 8091 330421 255524 59098 15799 3115 3115 37249 37249 112500 112500 46785 46785 593705 403256 134001 56448 156772 130558 18436 7778 473582 426664 31187 15731 28834 20207 8337 290 35909 22932 10003 2974 1640 1640 615443 459672 145028 10743 161871 114987 43651 3233 PROGRAM EXPENSES 289173 289173 DUES & SUBSCRIPTIONS 113388 48335 38130 26923 FOOD 80744 59486 20179 1079 147896 119636 10734 17526 7369938 5712306 1184203 473429 2263913 2037546 1317177 1419920 156512 536814 1547123 999196 4877 2836 95302 93427 23184670 8490384 13113717 14694286 9193115 9817937 67733 958686 27759469 30560648 442636 533332 145783 0 53860 963027 642279 1496359 X 23743908 26947094 3373282 2117195 27117190 29064289 27759469 30560648 1515367 431732 0 X 0 1 X 1 0 X 6916142 5833248 4133768 9974338 6865012 33722508 6916142 5833248 4133768 9974338 6865012 33722508 6306540 27415968 242579 127610 303262 363828 619096 1656375 120274 55395 24074 199743 19093 59155 58690 30024 166962 35745588 2985692 0.76700 0.68800 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS REVENUE - 2019 AMOUNT: $ 19,093. 2020 AMOUNT: $ 59,155. 2021 AMOUNT: $ 58,690. 2023 AMOUNT: $ 30,024. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 998440 47717 1046157 994666 3774 998440 894276 -5334 -105724 994666 545052 182103 358921 191800 894276 653393 1896 110237 545052 0.00000 0.95590 0.04410 1 0 2634701 2634701 19531663 7908968 11622695 683482 495162 188320 334824 86254 248570 14694286 LEASE LIABILITIES 963027 963027 X 9574822 431732 257785 689517 8885305 0 8885305 7627723 257785 257785 7369938 0 7369938 PART V, LINE 4: ENDOWMENT FUNDS WERE ESTABLISHED TO PROVIDE ONGOING FUNDING FOR THE ORGANIZATION'S PROGRAMS INTO PERPETUITY. PART X, LINE 2: URBAN VENTURES LEADERSHIP FOUNDATION IS EXEMPT FROM FEDERAL TAXES ON RELATED INCOME UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION HAS BEEN DESIGNATED AS A PUBLICLY SUPPORTED ORGANIZATION UNDER SECTION 170 OF THE SAME CODE. ACCORDINGLY, CONTRIBUTIONS QUALIFY FOR DEDUCTION TO THE EXTENT PROVIDED IN THAT CODE. THE ORGANIZATION IS ALSO EXEMPT FROM STATE INCOME TAX ON RELATED INCOME. THE ORGANIZATION FOLLOWS APPLICABLE ACCOUNTING STANDARDS FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ORGANIZATION'S FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE 247,415. COST OF GOODS SOLD 10,370. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE 247,415. COST OF GOODS SOLD 10,370. X X X X X X X 1 LONSBURY & ASSOCIATES 16800 45TH AVENUE N PLYMOUTH MN 55446 TELEPHONE, DIRECT MAIL, EMAIL, WEBSITE 0 3766863 112500 3654363 3766863 112500 3654363 MN 30TH ANNIVERSARY FALL EVENT 670849 621662 49187 18074 40222 8965 143707 URBAN GOLF CLASSIC 119831 94231 25600 26140 2910 7397 790680 715893 74787 44214 43132 8965 151104 247415 -172628 1 DIRECT CASH ASSISTANCE 36 5500 PART I, LINE 2: URBAN VENTURES RECOGNIZES THAT MANY OF THE FAMILIES IT SERVES ARE ONE SMALL CRISIS AWAY FROM HAVING THEIR FINANCIAL STABILITY UNRAVEL. AS A WAY OF FULFILLING ITS MISSION, URBAN VENTURES MAINTAINS A BENEVOLENCE FUND TO PROVIDE MODEST, SHORT-TERM, AND SPECIFIC FINANCIAL ASSISTANCE TO SELECTED INDIVIDUALS AND FAMILIES AS A WAY OF HELPING THEM THROUGH CRISIS. THE FUND IS SUPPORTED ENTIRELY BY USE OF FREE-WILL DONATIONS DESIGNATED SPECIFICALLY FOR THE PURPOSE OF BENEVOLENCE. RECIPIENTS OF BENEVOLENCE GRANTS WILL BE NOMINATED AND SELECTED USING A PRESCRIBED PROCESS THAT INCLUDES CRITERIA FOR RECEIPT AND USE OF FUNDS. THE FUND IS OVERSEEN BY A COMMITTEE WHOSE MEMBERSHIP INCLUDES THE CEO AND OTHER DESIGNATED INDIVIDUALS REPRESENTING PROGRAMMING, FINANCE AND ADVANCEMENT. THE COMMITTEE IS ACCOUNTABLE TO THE UV BOARD OF DIRECTORS. THE COMMITTEE WILL INTERFACE WITH THE BOARD WHEN NECESSARY. X X 0 0 0 0 0 0 0 0 0 DAVID HAWN PRESIDENT AND CEO 130024 0 0 0 0 0 2783 0 25638 0 158445 0 0 0 X 63490 FAIR MARKET VALUE X 2 19000 KELLY BLUE BOOK X 7 81396 FMV X 1 1500418 AMOUNT PAID TO BUILDER X 75708 225683 FAIR VALUE 0 0 0 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS IS BEING REPORTED. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE HAS THE AUTHORITY TO ACT ON BEHALF OF THE BOARD. THE CHAIR, THE VICE CHAIR, THE CHIEF EXECUTIVE OFFICER, AND ANY OTHER PERSONS SELECTED BY THE BOARD OF DIRECTORS BY RESOLUTION SHALL CONSTITUTE THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS OF THE CORPORATION. THE EXECUTIVE COMMITTEE MAY ACT ONLY DURING INTERVALS BETWEEN MEETINGS OF THE BOARD OF DIRECTORS AND SHALL AT ALL TIMES BY SUBJECT TO THE CONTROL AND DIRECTION OF THE BOARD OF DIRECTORS. DURING SUCH INTERVALS AND SUBJECT TO SUCH CONTROL AND DIRECTION, THE EXECUTIVE COMMITTEE SHALL HAVE AND MAY EXERCISE ALL OF THE AUTHORITY AND POWERS OF THE BOARD OF DIRECTORS IN THE MANAGEMENT OF THE AFFAIRS OF THE CORPORATION, SUBJECT TO SUCH LIMITATIONS AS THE BOARD OF DIRECTORS MAY IMPOSE. FORM 990, PART VI, SECTION B, LINE 11B ONCE THE 990 IS PREPARED A MEETING WILL BE SCHEDULED WITH THE FINANCE COMMITTEE TO REVIEW THE 990. THEY WILL BE EMAILED THE 990 AT LEAST 4 DAYS BEFORE THE MEETING TO REVIEW IT. DURING THE MEETING, MEMBERS WILL HAVE THE ABILITY TO ASK QUESTIONS OF THE FINANCE DIRECTOR AND PROPOSE ANY CHANGES. ONCE THE CHANGES ARE MADE THE COMMITTEE WILL PASS A RESOLUTION TO FILE THE 990. THE FULL BOARD WILL THEN HAVE A CHANCE TO REVIEW THE 990 AND PROPOSE ANY CHANGES BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE POLICY IF MONITORED THROUGH REVIEW OF THE CONFLICT OF INTEREST QUESTIONNAIRE PROVIDED TO THE BOARD AND OFFICERS ANNUALLY. THIS POLICY REQUIRES BOARD MEMBERS TO REPORT ANY CONFLICT OF INTEREST IMMEDIATELY TO THE CEO OR BOARD CHAIR, ANY BOARD MEMBER THAT HAS A CONFLICT OF INTEREST REGARDING A BOARD DECISION, AND THEIR PRESENCE DOES NOT COUNT TOWARDS THE QUORUM REQUIREMENT. THE CONFLICT WILL ALSO BE DOCUMENTED. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTOR'S DETERMINES THE COMPENSATION OF THE CEO. THEY ARE ADVISED BY THE HEAD OF HR AND ALSO USE 3RD PARTY INFORMATION SUCH AS THE MN COUNCIL OF NON-PROFITS SALARY DATABASE TO DETERMINE THE APPROPRIATE COMPENSATION VALUE. THE CEO'S PAY IS DISCUSSED AT A BOARD MEETING WITHOUT THE CEO PRESENT AND ANY CHANGES ARE DOCUMENTED IN THE BOARD MINUTES. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2022. FORM 990, PART VI, SECTION C, LINE 19 THE FINANCIAL STATEMENTS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE. THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST.