2025-05-29T14:26:43-05:00 2024-12-31 411360831 OLSEN THIELEN & CO LTD 2675 LONG LAKE ROAD ST PAUL MN 55113 990 2024-01-01 411903374 PLUS FOUNDATION PLUS 9527462590 5353 WAYZATA BLVD 306 MINNEAPOLIS MN 55416 ROBBIE THOMPSON CEO, PLUS 9527462590 2025-05-21 1 0 RYAN VETTRUS CPA P01243596 6514834521 2024 2025-03-06 01:10:19Z ROBBIE THOMPSON 5353 WAYZATA BLVD 306 MINNEAPOLIS MN 55416 499228 0 X WWW.PLUSFOUNDATION.ORG X 1998 MN THE PLUS FOUNDATION SUPPORTS TOMORROW'S DIVERSE PROFESSIONAL LIABILITY WORKFORCE THROUGH OUTREACH, EDUCATION, MENTORING AND GIVING BACK. 14 14 0 25 0 0 288428 299457 57445 28682 16581 56421 -17305 -11908 345149 372652 97110 85853 0 0 0 0 0 0 0 268080 234231 365190 320084 -20041 52568 1353613 1460780 113378 121076 1240235 1339704 X THE PLUS FOUNDATION SUPPORTS TOMORROW'S DIVERSE PROFESSIONAL LIABILITY WORKFORCE THROUGH OUTREACH, EDUCATION, MENTORING AND GIVING BACK. 0 0 280778 85853 28682 CHAPTER ALLY GRANTS: SIX PLUS CHAPTERS WERE AWARDED A TOTAL OF $25,000 IN ALLY GRANTS TO SUPPORT LOCAL CHARITIES THAT ADDRESS THE NEEDS OF THOSE WHO FACE OBSTACLES TO SECURING A JOB OR ADVANCING IN THEIR CAREER THROUGHOUT THEIR LOCAL COMMUNITIES.CONFERENCE CAUSE: THE PLUS FOUNDATION BOARD OF DIRECTORS APPROVED A $50,000 BASE GRANT, AND $9,103.16 IN DONATIONS WERE COLLECTED FROM 50+ INDIVIDUALS, FOR A TOTAL CONFERENCE CAUSE GIFT OF $59,103.16, $29,551.58 EACH, TO CHICAGO BASED NOT FOR PROFITS WOMEN EMPLOYED AND NATIONAL WOMEN VETERANS UNITED. WOMEN'S LEADERSHIP NETWORK: CREATES OPPORTUNITIES FOR WOMEN TO NETWORK, IMPROVE THEIR PROFESSIONAL SKILLS, AND LEARN FROM THE EXPERIENCE OF OTHER ACCOMPLISHED FEMALE LEADERS. IN 2024, 350+ WOMEN AND MEN ATTENDED 7 REGIONAL EVENTS; 300+ PEOPLE ATTENDED THE WLN/FOUNDATION LUNCHEON AT THE PLUS CONFERENCE IN CHICAGO. ADDITIONALLY, ONE WOMAN RECEIVED A $5,000 SCHOLARSHIP TO PURSUE LEADERSHIP EDUCATION.LEADERSHIP & MENTORING PROGRAM (LAMP): IN 2024 FIFTEEN INDIVIDUALS PARTICIPATED IN THIS YEAR-LONG PROGRAM THAT PROVIDES EDUCATION, ONE-ON-ONE MENTORING, ATTENDANCE AT CONFERENCE AND SYMPOSIUM, AND ACCESS TO PLUS LEADERSHIP. 280778 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 14 14 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 MN CT IL NY CA X THE ORGANIZATION 9527462580 5353 WAYZATA BLVD MINNEAPOLIS MN 55416 STEVEN HANKE PRESIDENT 2.00 X X 0 0 0 MICHELLE KLEIN VICE PRESIDENT 2.00 X X 0 0 0 JAHAN CEDENIO SECRETARY / TREASURER 1.00 X X 0 0 0 ROB CROCITTO PAST PRESIDENT 1.00 X 0 0 0 NANCY ADAMS MEMBER AT LARGE 1.00 X 0 0 0 ANEISHA GOLDSMITH MEMBER AT LARGE 1.00 X 0 0 0 JUSTIN PSAKI MEMBER AT LARGE 1.00 X 0 0 0 JAIMIE HUNTER MEMBER AT LARGE 1.00 X 0 0 0 CLARE MCCARRICK MEMBER AT LARGE 1.00 X 0 0 0 ALEX MURALLES MEMBER AT LARGE 1.00 X 0 0 0 JENNIFER ODROBINA MEMBER AT LARGE 1.00 X 0 0 0 SARAH GOLDSTEIN MEMBER AT LARGE 1.00 X 0 0 0 BHUMA PATEL MEMBER AT LARGE 1.00 X 0 0 0 KENNETH STEPHENS MEMBER AT LARGE 1.00 X 0 0 0 ROBBIE THOMPSON CEO, PLUS 1.00 40.00 X 0 295487 31170 NIKKI BAKER EXEC.DIR, PLUS FOUNDATION 10.00 30.00 X 0 67019 0 0 362506 31170 0 0 1 0 0 82990 216467 299457 PROGRAMS 900099 28682 28682 28682 34774 34774 136315 114668 21647 21647 21647 0 82990 11908 -11908 -11908 372652 28682 0 44513 84103 84103 1750 1750 8705 8705 10476 10476 11352 11352 1676 1357 319 7454 7454 WOMEN'S LEADERSHIP PROG 99877 99877 DIVERSITY & MENTORING P 90992 90992 CONFERENCE CAUSE 2599 2599 CREDIT LOSS EXPENSE 1000 1000 100 100 320084 280778 39306 0 62260 119599 125976 79026 16500 6000 4154 10949 8916 1144723 1236290 1353613 1460780 99878 116826 13500 4250 113378 121076 X 1227669 1328888 12566 10816 1240235 1339704 1353613 1460780 52568 46901 0 X X 0 1 X 1 0 X X 1 PROFESSIONAL LIABILITY UNDERWRITING SOCIETY 411605606 10 1 0 0 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 PART IV, SECTION A, LINE 3B REVENUE OF SUPPORTED ORGANIZATION WAS GREATER THAN 33 1/3% FROM RELATED ACTIVITIES AND LESS THAN 33 1/3% FROM GROSS INVESTMENT INCOME AND UBI. PART IV, SECTION A, LINE 3C PROFESSIONAL LIABILITY UNDERWRITING SOCIETY (PLUS), THE SUPPORTED ORGANIZATION, RECEIVES NO FUNDS FROM THE FOUNDATION. PLUS PROVIDES PLEDGED SUPPORT AND ADMINISTRATIVE SERVICES FOR THE FOUNDATION. IN CERTAIN INSTANCES, THE PLUS FOUNDATION AND PROFESSIONAL LIABILITY UNDERWRITING SOCIETY SHARE EXPENSES OF EDUCATIONAL SPEAKERS AT JOINT EVENTS WITHIN THE NON-PROFIT MISSION OF BOTH ORGANIZATIONS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 517699 189560 189560 328139 44513 44513 372652 512847 189560 11908 201468 311379 8705 8705 320084 PART X, LINE 2: FIN 48 (ASC 740) DISCLOSURE FROM AUDITED FINANCIAL STATEMENTS: THE FOUNDATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND MINNESOTA STATUTES. THEREFORE, THE STATEMENTS DO NOT INCLUDE A PROVISION FOR INCOME TAXES. BECAUSE THE FOUNDATION IS A PUBLIC CHARITY, CONTRIBUTIONS MAY QUALIFY FOR TAX DEDUCTIONS BY THE CONTRIBUTORS. THE FOUNDATION 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 FOUNDATION IS EXEMPT FROM INCOME TAXES OR NOT SUBJECT TO INCOME TAXES ON UNRELATED BUSINESS INCOME. THE FOUNDATION 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 THE POSITIONS. THE FOUNDATION HAS IDENTIFIED NO INCOME TAX UNCERTAINTIES. THE FOUNDATION FILES INFORMATION RETURNS AS A TAX EXEMPT ORGANIZATION. SHOULD THAT STATUS BE CHALLENGED IN THE FUTURE, ALL YEARS SINCE INCEPTION COULD BE SUBJECT TO REVIEW BY THE IRS. PART XI, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT INCOME & REALIZED GAIN ON INVESTMENTS SOLD 56,421. DIRECT EXPENSES OF FUNDRAISING EVENT -11,908. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT EXPENSES OF FUNDRAISING EVENT 11,908. STRIKES FOR CHARITY 82990 82990 4908 4768 1710 522 82990 82990 4908 4768 1710 522 11908 -11908 1 WOMEN EMPLOYED 67 E MADISON ST STE 2000 CHICAGO IL 606033014 362969526 501(C)(3) 29552 0 CONFERENCE CAUSE NATIONAL WOMEN VETERANS UNITED 8620 S PULASKI RD LOWR LEVEL CHICAGO IL 60652 421678939 501(C)(3) 29551 0 CONFERENCE CAUSE 2 0 PART I, LINE 2: EXAMINATION OF 990 FORMS OF CHARITABLE ORGANIZATIONS SELECTED FOR CHAPTER CHARITY AND CONFERENCE CAUSE GRANTS; YEARLY MONITORING OF SCHOLARSHIP RECIPIENTS ENSURING THEY CONTINUE TO QUALIFY FOR SCHOLARSHIPS. 0 0 0 0 0 0 0 0 0 ROBBIE THOMPSON CEO, PLUS 0 257837 0 37650 0 0 0 0 0 31170 0 326657 0 0 PART I, LINE 3 THE CEO IS AN EMPLOYEE OF PROFESSIONAL LIABILITY UNDERWRITING SOCIETY (PLUS), A RELATED ORGANIZATION, THEREFORE HIS/HER COMPENSATION IS ESTABLISHED BY PLUS. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS OF PROFESSIONAL LIABILITY UNDERWRITING SOCIETY, A RELATED ORGANIZATION, APPOINTS THE BOARD OF DIRECTORS OF THE FOUNDATION ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION A, LINE 7B PROFESSIONAL LIABILITY UNDERWRITING SOCIETY, A RELATED ORGANIZATION, HAS ULTIMATE GOVERNING AUTHORITY OVER THE FOUNDATION. FORM 990, PART VI, SECTION B, LINE 11B THE EXECUTIVE COMMITTEE WILL REVIEW THE 990 ON A VIRTUAL MEETING, SUGGEST ANY CHANGES, AND THEN BRING THE FINAL VERSION TO THE BOARD FOR REVIEW AND APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS SIGN CONFLICT OF INTEREST AGREEMENTS ONCE A YEAR. BOARD MEMBERS MUST RECUSE THEMSELVES FROM VOTES/DISCUSSIONS THAT INVOLVE A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE DIRECTOR OF THE FOUNDATION IS AN EMPLOYEE OF PROFESSIONAL LIABILITY UNDERWRITING SOCIETY (PLUS), A RELATED ORGANIZATION, THEREFORE HER COMPENSATION IS SET BY THE PLUS CEO. FORM 990, PART VI, SECTION C, LINE 19 FORMS ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. FORM 990, PART XII, LINE 2C: THE EXECUTIVE/FINANCE COMMITTEE HAS RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT. PROFESSIONAL LIABILITY UNDERWRITING SOCIETY 5353 WAYZATA BLVD 306 MINNEAPOLIS MN 55416 411605606 EDUCATIONAL PROGRAMS AND SEMINARS MN 501(C)(6) N/A N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 PROFESSIONAL LIABILITY UNDERWRITING SOCIETY M 36035 ESTIMATED FAIR MARKET VALUE PROFESSIONAL LIABILITY UNDERWRITING SOCIETY O 177983 ESTIMATED FAIR MARKET VALUE