2025-05-06T14:44:46-05:00 2024-12-31 410746749 CLIFTONLARSONALLEN LLP 220 S 6TH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2024-01-01 271539442 OUR STREETS OURS 6129648902 701 N 3RD ST 001A MINNEAPOLIS MN 55401 JOSE A ZAYAS CABAN EXECUTIVE DIRECTOR 6129648902 2025-05-01 1 1 ANN NEIL P01817922 6123764500 2025-05-01 2024 2025-03-06 01:10:19Z X JOSE A ZAYAS CABAN 701 N 3RD ST 001A MINNEAPOLIS MN 55401 606062 0 X WWW.OURSTREETSMN.ORG X 2009 MN TO LEAD THE NATION IN PUTTING PEOPLE FIRST BY TRANSFORMING TRANSPORTATION AND INFRASTRUCTURE 5 5 22 125 0 0 1469126 593151 0 0 839 9929 6224 2982 1476189 606062 0 0 0 0 600048 770269 0 0 67763 512365 584997 1112413 1355266 363776 -749204 922138 191351 109636 128053 812502 63298 OUR STREETS WORKS TO PUT PEOPLE FIRST BY TRANSFORMING TRANSPORTATION AND INFRASTRUCTURE IN THE TWIN CITIES AND AT THE STATE LEVEL. WE DO THIS BY MAKING OUR STREETS PLACES WHERE PEOPLE CAN EASILY AND COMFORTABLY WALK, BIKE, ROLL, AND USE PUBLIC TRANSIT. 0 0 840265 0 0 ENGAGEMENT & ADVOCACY:OUR STREETS ENGAGED THOUSANDS OF RESIDENTS AROUND KEY STREET, HIGHWAY, AND BIKEWAY PROJECTS TO ADVANCE COMMUNITY-DRIVEN ALTERNATIVES TO FREEWAY EXPANSION, PROMOTE SUSTAINABLE TRANSPORTATION POLICIES, AND PRIORITIZE EQUITABLE WINTER SIDEWALK MAINTENANCE. WE EXPANDED THE COMMUNITIES OVER HIGHWAYS COALITION, SECURED LEGISLATIVE WINS ON GREENHOUSE GAS PROTECTIONS, AND LED MINNESOTA'S PARTICIPATION IN THE NATIONAL CLEAN RIDES MOVEMENT. 393027 0 0 EVENTS:IN 2024, OUR STREETS ORGANIZED 14 EVENTS AND TABLED AT 18 COMMUNITY GATHERINGS, REACHING THOUSANDS ACROSS THE TWIN CITIES. OUR IMAGINE EVENT SERIES ALONE WELCOMED AN ESTIMATED 6,000 ATTENDEES AND FEATURED OVER 300 BUSINESSES, ARTISTS, AND ORGANIZATIONS, CREATING VIBRANT PUBLIC SPACES, SUPPORTING LOCAL COMMERCE, AND ADVANCING CONVERSATIONS ABOUT TRANSPORTATION EQUITY. 1233292 1 1 0 1 0 0 0 0 0 0 1 0 0 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 0 0 1 13 0 22 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MN X JOSE A ZAYAS CABAN 6129648902 701 N 3RD ST 001A MINNEAPOLIS MN 55401 LAURA MITCHELL PRESIDENT 1.00 X X 0 0 0 CARTER BREUNIG TREASURER 1.00 X X 0 0 0 ALEXANDER FURNEAUX SECRETARY 1.00 X X 0 0 0 NAT TURNER DIRECTOR 1.00 X 0 0 0 JOSE A ZAYAS CABAN EXECUTIVE DIRECTOR 40.00 X 107655 0 3260 107655 0 3260 1 0 0 0 0 316990 276161 593151 9929 9929 MISCELLANEOUS INCOME 900099 2982 2982 2982 606062 0 0 12911 X 110915 100933 4436 5546 537712 489318 21509 26885 58542 53273 2342 2927 63100 57421 2524 3155 84602 76988 3384 4230 53697 48864 2148 2685 2209 2209 261912 240350 8356 13206 4340 3949 174 217 78259 71216 3130 3913 29578 26916 1183 1479 45635 41528 1825 2282 41 37 2 2 1934 1760 77 97 11440 10410 458 572 FEES 8290 7544 332 414 MISCELLANEOUS EXPENSE 3060 2785 122 153 1355266 1233292 54211 67763 364958 108903 100598 1426 414500 47482 6486 7993 11048 8721 2761 2327 32835 23220 922138 191351 75758 103648 33878 24405 109636 128053 X 149331 -118318 663171 181616 812502 63298 922138 191351 -749204 0 X 0 0 0 X 317726 874287 588263 1469126 593151 3842553 317726 874287 588263 1469126 593151 3842553 920670 2921883 57 429 213 839 9929 11467 255 950 1059 1775 2982 7021 3861041 4449 0.75680 0.73330 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS REVENUE - 2020 AMOUNT: $ 255. 2021 AMOUNT: $ 950. 2022 AMOUNT: $ 1,059. 2023 AMOUNT: $ 1,775. 2024 AMOUNT: $ 2,982. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 8925 0 9281 0 18206 0 1269297 0 1287503 0 203750 0 50938 0 0 0 124131 173300 203750 501181 751772 106615 53800 18206 178621 31033 43325 50938 125296 187944 21323 51846 8925 82094 11048 8721 2327 2327 ROU ASSET 23220 23220 LEASE LIABILITY 24405 24405 FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE IS MADE UP OF THE BOARD PRESIDENT, VICE PRESIDENT, TREASUER, AND SECRETARY. THE EXECUTIVE COMMITTEE IS PRIMARILY RESPONSIBLE FOR THE EXECUTIVE DIRECTOR'S EVALUATION, CREATING BOARD MEETING AGENDAS AND MANAGING ORGANIZATIONAL NEEDS ON SHORT NOTICE BEFORE THE FULL BOARD IS ABLE TO MEET. FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION AMENDED THEIR ARTICLES OF INCORPORATION TO CHANGE THEIR NAME FROM OUR STREETS MINNEAPOLIS TO OUR STREETS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT PUBLIC ACCOUNTING FIRM USING INFORMATION PROVIDED BY THE ORGANIZATION. ONCE A DRAFT IS READY, THE TREASURER AND BOARD OF DIRECTORS REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C PROCESS FOR DECISIONS WHERE A CONFLICT MAY EXIST. A. THE INTERESTED PERSON HAVING A CONFLICT, OR WHAT MAY REASONABLY BE PERCEIVED AS A FINANCIAL OR NON-FINANCIAL CONFLICT, SHALL NOT PARTICIPATE IN THE DELIBERATION OR DECISION REGARDING THE MATTER UNDER CONSIDERATION AND SHALL RETIRE FROM THE ROOM DURING DELIBERATIONS EXCEPT TO THE EXTENT HE OR SHE HAS BEEN INVITED BY THE BOARD OR COMMITTEE TO PARTICIPATE. B. THE BOARD, EXECUTIVE DIRECTOR, OR COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. C. AFTER EXERCISING DUE DILIGENCE, THE BOARD, EXECUTIVE DIRECTOR, OR COMMITTEE SHALL DETERMINE WHETHER OUR STREETS CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. D. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS PRESENT WHETHER THE TRANSACTION OR ARRANGEMENT IS IN OUR STREETS'S BEST INTEREST AND WHETHER IT IS FAIR AND REASONABLE. E. DETAILS OF THE DISCLOSURE, BOARD DETERMINATIONS, AND VOTING DETAILS SHALL BE RECORDED IN THE MINUTES. FORM 990, PART VI, SECTION B, LINE 15 OUR STREETS FOLLOWS A STRUCTURED BUDGETING PROCESS TO DETERMINE COMPENSATION FOR THE EXECUTIVE DIRECTOR AND KEY EMPLOYEES. STAFF DEVELOP A PROPOSED BUDGET, INCLUDING SALARY ADJUSTMENTS, WHICH IS THEN PRESENTED TO THE BOARD OF DIRECTORS FOR APPROVAL. FOR FY2024, A 10% SALARY INCREASE WAS RECOMMENDED BY THE EXECUTIVE DIRECTOR TO ALIGN WITH OUR FINANCIAL SUSTAINABILITY GOALS, ENSURE COMPETITIVE COMPENSATION, AND SUPPORT STAFF RETENTION. THIS RECOMMENDATION WAS REVIEWED AND APPROVED BY THE BOARD AS PART OF THE FORMAL BUDGETING PROCESS. KEY CONSIDERATIONS IN DETERMINING COMPENSATION INCLUDED: FINANCIAL POSITION & REVENUE GROWTH: THE FY2024 BUDGET REFLECTS ANTICIPATED REVENUE OF $1,277,300, WITH A FOCUS ON LONG-TERM SUSTAINABILITY, INCLUDING RESERVE BUILDING AND IMPROVED CASH FLOW MANAGEMENT. EQUITY & MARKET COMPETITIVENESS: SALARY ADJUSTMENTS ALIGN WITH THE ORGANIZATION'S COMMITMENT TO EQUITABLE COMPENSATION AND FAIR PAY PRACTICES. BOARD OVERSIGHT & APPROVAL: THE FINAL BUDGET, INCLUDING SALARY INCREASES, WAS REVIEWED AND APPROVED BY THE BOARD TO ENSURE ALIGNMENT WITH ORGANIZATIONAL PRIORITIES AND FINANCIAL FEASIBILITY. OUR COMPENSATION PROCESS PRIORITIZES TRANSPARENCY, FINANCIAL RESPONSIBILITY, AND EQUITY, WITH ONGOING OVERSIGHT THROUGH QUARTERLY FINANCIAL REVIEWS AND BUDGET AMENDMENT HEARINGS. FORM 990, PART VI, SECTION C, LINE 19 OUR STREETS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE ALL AVAILABLE TO THE PUBLIC UPON REQUEST. THE FINANCIAL STATEMENTS ARE INCLUDED AS PART OF THE ORGANIZATION'S ANNUAL REPORT. FORM 990, PART IX, LINE 11G PROFESSIONAL FEES & ADVOCACY: PROGRAM SERVICE EXPENSES 240,350. MANAGEMENT AND GENERAL EXPENSES 8,356. FUNDRAISING EXPENSES 13,206. TOTAL EXPENSES 261,912.