2025-10-28T10:55:37-05:00 2024-12-31 410746749 CLIFTONLARSONALLEN LLP 220 S 6TH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2024-01-01 411802616 BATC FOUNDATION BATC 6516971954 2960 CENTRE POINTE DRIVE ROSEVILLE MN 55113 JESSICA RYAN EXECUTIVE DIRECTOR 6516971954 2025-10-27 1 0 ANN NEIL P01817922 6123764500 2025-10-27 2024 2025-03-06 01:10:19Z HOUSING FIRST MINNESOTA FOUNDATION JESSICA RYAN 2960 CENTRE POINTE DRIVE ROSEVILLE MN 55113 1918675 0 X WWW.HOUSINGFIRSTMNFOUNDATION.ORG X 1995 MN TO WORK IN PARTNERSHIP WITH OTHERS TO BUILD NEW LIVES FOR HOMELESS FAMILIES, INDIVIDUALS AND VETERANS. 17 17 0 50 0 0 983358 1473841 0 0 52459 106342 42624 75933 1078441 1656116 0 0 0 0 322293 70413 0 0 243584 633313 356560 955606 426973 122835 1229143 1986136 3134787 479080 311876 1507056 2822911 X TO WORK IN PARTNERSHIP WITH OTHERS TO PROVIDE SAFE, DURABLE, AFFORDABLE HOUSING FOR MINNESOTA'S HOMELESS, VETERANS AND OTHERS IN NEED. AS THE CHARITABLE ARM OF HOUSING FIRST MINNESOTA, THE FOUNDATION PARTNERS WITH LOCAL SERVICE PROVIDERS AND TAPS THE TALENTS AND RESOURCES OF THE ASSOCIATION'S MEMBER BUILDERS, REMODELERS, SUPPLIERS, AND VOLUNTEERS TO BUILD NEW OR RENOVATE EXISTING HOUSING FACILITIES FOR THOSE EXPERIENCING HOMELESSNESS. 0 0 131881 0 0 COMMUNITY BUILD PROJECTS THE FOUNDATION COMPLETED THREE COMMUNITY BUILD PROJECTS FOR THE MINNESOTA ASSISTANCE COUNCIL FOR VETERANS WITH BUILD PARTNER LENNAR. THESE NEW CONSTRUCTION FOUR-BEDROOM HOMES LOCATED IN NORTH MINNEAPOLIS PROVIDE HOUSING FOR APPROXIMATELY 25 VETERANS ON AN ANNUAL BASIS. MACV OWNS THESE PROPERTIES AND PROVIDES VETERANS WITH CASE MANAGEMENT, EMPLOYMENT AND LEGAL SERVICES TO HELP THEM REGAIN CONFIDENCE AND SELF-SUFFICIENCY. THE FOUNDATION ALSO LAUNCHED VETERAN VILLAGE, AN INNOVATIVE, MULTI-YEAR PROJECT, PARTNERING WITH THE MINNESOTA ASSISTANCE COUNCIL FOR VETERANS AND BUILD PARTNER LENNAR. THIS FIRST EVER, TOWNHOME STYLE COMMUNITY WILL PROVIDE A STABLE, PERMANENT HOUSING SOLUTION PAIRED WITH ONGOING SUPPORT SERVICES FOR VETERANS FACING SIGNIFICANT BARRIERS TO HOUSING STABILITY. WITH THE CONSTRUCTION OF THIS MULTI-UNIT PROJECT WE HOPE TO ACHIEVE AN EFFECTIVE END TO VETERAN HOMELESSNESS IN MINNESOTA. LAND ACQUISITION AND PROJECT DEVELOPMENT TOOK PLACE IN 2024. OFFICIAL GROUNDBREAKING WILL TAKE PLACE IN SPRING 2025 WITH COMPLETION OF CONSTRUCTION SCHEDULED FOR NOVEMBER 2025. A MULTI-YEAR FUNDRAISING CAMPAIGN ALSO BEGAN IN 2024 TO FULLY FUND THIS $5.5 MILLION PROJECT WITH $3.5 MILLION RAISED BY YEAR END.PARTICIPATION OF BUILD AND TRADE PARTNERS AND FUNDING FROM THE FOUNDATION PROVIDED AN INVESTMENT IN EXCESS OF $500K CREATING HOUSING VALUED AT $1 MILLION EXPANDING AND IMPROVING HOUSING CAPACITY FOR NONPROFIT SERVICE ORGANIZATIONS FOR A FRACTION OF THE COST. 131881 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 1 34 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 17 17 1 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MN X TAMMI HALL 6516971954 2960 CENTRE POINTE DRIVE ROSEVILLE MN 55113 MEG JAEGER PRESIDENT 1.50 0.00 X X 0 0 0 JEREMY LARSON PRESIDENT-ELECT 1.50 0.00 X X 0 0 0 SUNNY BOWMAN TREASURER 1.50 0.00 X X 0 0 0 RACHEL JULKOWSKI SECRETARY 1.50 0.00 X X 0 0 0 JAMES FUSCHETTO PAST PRESIDENT 1.50 0.00 X X 0 0 0 JENNIFER MCALPIN MEMBER AT LARGE 1.50 0.00 X 0 0 0 RICKY CHEATH MEMBER AT LARGE 1.50 0.00 X 0 0 0 BOB BENNETT DIRECTOR 1.50 0.00 X 0 0 0 BILL BURGESS DIRECTOR 1.50 0.00 X 0 0 0 JAMES JULKOWSKI DIRECTOR 1.50 3.50 X 0 0 0 STEVE DOBIN DIRECTOR 1.50 0.00 X 0 0 0 TIM LIESTER DIRECTOR 1.50 0.00 X 0 0 0 MATT HOLMSTROM DIRECTOR 1.50 0.00 X 0 0 0 GARY KRAEMER DIRECTOR 1.50 0.00 X 0 0 0 ANGELA WARNER DIRECTOR 1.50 0.00 X 0 0 0 PAUL ROECKER DIRECTOR 1.50 0.00 X 0 0 0 JOHN QUINLAVIN PAST PRESIDENT HFM 1.50 0.00 X 0 0 0 JAMES VAGLE CHIEF EXECUTIVE OFFICER 1.00 39.00 X 0 337220 26444 JANICE MEYER CHIEF OPERATING OFFICER 1.00 39.00 X 0 202545 25564 JESSICA RYAN EXECUTIVE DIRECTOR 40.00 0.00 X 0 176720 17342 0 716485 69350 0 0 1 0 0 353965 50000 1069876 107198 1473841 106342 106342 323182 353965 257146 66036 66036 15310 5413 9897 9897 1656116 0 0 182275 60828 18585 3033 39210 3414 979 418 2017 541 181 69 291 5630 1648 709 3273 312501 88280 37969 186252 694 694 125 125 14801 3559 3615 7627 781 781 1673 1673 PROJECT COSTS 16982 16982 FUNDRAISING EXPENSE 4008 4008 DUES AND SUBSCRIPTIONS 3328 3328 PROGRAM EXPENSE 1667 1667 426973 131881 51508 243584 134880 110091 50578 718323 111900 36100 153283 195974 5000 511365 0 0 0 0 1341265 1562934 189230 0 1986136 3134787 469430 42976 9650 18900 0 250000 479080 311876 X 1507056 1864381 958530 1507056 2822911 1986136 3134787 1229143 86712 0 X 0 1 X 1 0 X 655872 513940 657556 983358 1473841 4284567 655872 513940 657556 983358 1473841 4284567 178183 4106384 114 85272 38191 52459 106342 282378 26035 174297 189178 42624 75933 508067 1477 99 1576 5076588 0.80890 0.79590 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2020 AMOUNT: $ 1,477. 2021 AMOUNT: $ 99. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 FUNDS HELD FOR OTHERS 250000 250000 1936887 86712 38698 155361 280771 1656116 0 1656116 621032 38698 155361 194059 426973 0 426973 PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 155,361. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 155,361. GALA 501857 247575 254282 32394 57351 3796 122048 DREAM HOMES 74015 74015 8819 2 101275 32375 68900 1873 13245 15933 1687 677147 353965 323182 1873 45639 73284 3796 132554 257146 66036 15310 4955 458 0 15310 4955 458 5413 9897 MN 1 CONDUCTED ONE RAFFLE FOR AN ITEM VALUED UNDER $5,000 WHICH DOES NOT REQUIRE A LICENSE. 0 1 0 0.50000 0.50000 TAMMI HALL 2960 CENTRE POINTE DRIVE ROSEVILLE MN 55113 0 SOFIA HUMPHRIES 0 MAINTAINS TICKET RECORDS X 0 0 0 0 0 0 0 0 0 0 JAMES VAGLE CHIEF EXECUTIVE OFFICER 0 307220 0 30000 0 0 0 16515 0 9929 0 363664 0 0 JANICE MEYER CHIEF OPERATING OFFICER 0 186545 0 16000 0 0 0 10171 0 15393 0 228109 0 0 JESSICA RYAN EXECUTIVE DIRECTOR 0 164720 0 12000 0 0 0 8850 0 8492 0 194062 0 0 PART I, LINE 3 COMPENSATION FOR THE CHIEF EXECUTIVE OFFICER AND CHIEF OPERATING OFFICER ARE SET BY THE EXECUTIVE BOARD COMPENSATION COMMITTEE. THE COMMITTEE USES MSAE COMPENSATION AND BENEFITS AND ASAE DATA AND MAINTAINS WRITTEN REVIEWS FOR EACH EMPLOYEE. COMPENSATION IS REVIEWED ANNUALLY. X SPECIAL EVENT AUCTION DONATIONS 100 107198 FMV PROVIDED BY DONO 0 0 1 0 PART I, COLUMN (B): COLUMN (B) REPORTS THE NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 1A EXECUTIVE BOARD IS A SUBSET OF MEMBERS OF THE FULL BOARD OF DIRECTORS MADE UP OF THE PRESIDENT. VICE PRESIDENT, TREASURER, SECRETARY, IMMEDIATE PAST PRESIDENT, EXECUTIVE DIRECTOR AND TWO MEMBERS AT LARGE. DURING INTERVALS BETWEEN REGULAR BOARD MEETINGS, THE EXECUTIVE COMMITTEE POSSESSES AND MAY EXERCISE ALL THE POWERS OF THE BOARD IN THE MANAGEMENT AND DIRECTION OF THE AFFAIRS OF THE ORGANIZATION IN ALL CASES IN WHICH SPECIFIC DIRECTIONS HAVE NOT BEEN GIVEN BY THE BOARD. ALL ACTIONS OF THE EXECUTIVE COMMITTEE SHALL BE REPORTED TO THE BOARD AT ITS NEXT REGULARLY SCHEDULED MEETING AND ARE SUBJECT TO REVISION AND ALTERATION BY THE BOARD. FORM 990, PART VI, SECTION A, LINE 2 THERE ARE NUMEROUS BUSINESS RELATIONSHIPS BETWEEN BOARD MEMBERS SINCE THE BOARD CONSISTS OF BOTH BUILDERS AND SUPPLIERS IN THE CONSTRUCTION INDUSTRY. FOR EXAMPLE, LYMAN LUMBER (REPRESENTED ON THE BOARD) HAS NUMEROUS INDIVIDUALS ON THE BOARD WHO ARE CUSTOMERS OF LYMAN. WE DON'T HAVE KNOWLEDGE OF ALL THE BUSINESS RELATIONSHIPS THAT MAY EXIST AND THEY ARE ALSO FREQUENTLY CHANGING. FORM 990, PART VI, SECTION A, LINE 2 JAMES JULKOWSKI AND RACHEL JULKOWSKI ARE SPOUSES. FORM 990, PART VI, SECTION A, LINE 6 THE SOLE MEMBER OF THE CORPORATION SHALL BE THE BUILDERS ASSOCIATION OF THE TWIN CITIES (HOUSING FIRST MINNESOTA). FORM 990, PART VI, SECTION A, LINE 7A THERE IS ONLY ONE MEMBER OF THE ORGANIZATION. THAT MEMBER SHALL HAVE VOTING RIGHTS, WHICH ENTITLE THE MEMBER TO REMOVE DIRECTORS AND OFFICERS OF THE ORGANIZATION AND TO VOTE ON ALL OTHER MATTERS WHICH REQUIRE APPROVAL OF THE MEMBER. FORM 990, PART VI, SECTION B, LINE 11B COMPLETED FORM 990 IS PROVIDED TO FULL BOARD OF DIRECTORS AT THEIR REGULARLY SCHEDULED MEETING. FORM 990, PART VI, SECTION B, LINE 12C ALL OFFICERS, BOARD AND COMMITTEE MEMBERS SHALL FORWARD THEIR COMPLETED AND SIGNED CONFLICT OF INTEREST AND DISCLOSURE STATEMENTS TO THE EXECUTIVE DIRECTOR WHO SHALL PREPARE DISCLOSURE SUMMARIES FOR THE PRESIDENT. AS EVENTS WARRANT, AND TO THE EXTENT POSSIBLE, THE PRESIDENT SHALL DISCLOSE APPARENT REPORTED CONFLICTS TO THE EXECUTIVE BOARD OR THE BOARD OF DIRECTORS. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF HIS OR HER CONFLICT OF INTEREST AND MUST BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. THE MINUTES OF THE BOARD AND ALL COMMITTEES SHALL CONTAIN - -THE NAMES OF THE PERSONS WHO DISCLOSED OR OTHERWISE WERE FOUND TO HAVE A POTENTIAL CONFLICT OF INTEREST, THE NATURE OF THE CONFLICT, AND ACTION TAKEN TO DETERMINE WHETHER A CONFLICT OF INTEREST WAS PRESENT, AND THE BOARD'S OR COMMITTEE'S DECISION AS TO WHETHER A CONFLICT OF INTEREST IN FACT EXISTED. -THE NAMES OF THE PERSONS WHO WERE PRESENT FOR DISCUSSIONS AND VOTES RELATING TO THE TRANSACTION OR ARRANGEMENT, THE CONTENT OF THE DISCUSSION, INCLUDING ANY ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT, AND A RECORD OF ANY VOTES TAKEN IN CONNECTION THEREWITH. FORM 990, PART VI, SECTION B, LINE 15A EXECUTIVE DIRECTOR COMPENSATION IS DETERMINED BY EXECUTIVE DIRECTOR OF HOUSING FIRST MINNESOTA UTILIZING MSAE, ASAE, MCN PUBLISHED SALARY DATA, DOCUMENTED IN A WRITTEN REVIEW. NO OTHER OFFICERS RECEIVE COMPENSATION. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2023. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. BUILDERS ASSOCIATION OF THE TWIN CITIES 2960 CENTRE POINT DRIVE ROSEVILLE MN 55113 411363969 HELPING OUR MEMBERS BUILD THEIR BUSINESSES THROUGH MARKETING, ADVOCACY AND I MN 501(C)(6) N/A N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 BUILDERS ASSOCIATION OF THE TWIN CITIES P 312501 BASED ON SQ FOOTAGE, MAILING, EMP