2024-05-06T12:25:53-05:00 2023-12-31 410746749 CLIFTONLARSONALLEN LLP 220 S 6TH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2023-01-01 842176692 EQUASPACE EQUA 6128043986 PO BOX 4458 ST PAUL MN 55104 SARAH CLYNE EXECUTIVE DIRECTOR 6128043986 2024-05-04 1 SARAH CLYNE 999009999 1 MACKENZIE MCNAUGHTON P02025805 6123764500 2024-05-04 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z SARAH CLYNE PO BOX 4458 ST PAUL MN 55104 214120 0 X EQUASPACE.ORG X 2019 MN TO PROVIDE A PLATFORM OF HIGH FUNCTIONING WORK SPACES, SHARED RESOURCES AND A PLATFORM FOR COLLABORATIVE OPPORTUNITIES FOR 501(C)3'S. 5 5 1 5 0 0 1277540 213000 0 0 132 1120 0 0 1277672 214120 0 0 0 0 159953 181643 0 0 13462 692410 49541 852363 231184 425309 -17064 456428 449605 36177 46418 420251 403187 X EQUASPACE'S MISSION IS TO PROVIDE CHARITABLE NON-PROFIT ORGANIZATIONS WITH EQUITABLE AND CO-LOCATED SPACE AT BELOW MARKET RENT, AS WELL AS PROVIDE TRAINING AND EDUCATION SERVICES FOR NON-PROFIT ENTITIES WHICH WILL ALLOW THESE CHARITABLE ORGANIZATIONS TO THRIVE, CREATE, AND CONNECT. 0 0 176241 0 0 EQUASPACE CONTINUED TO ENGAGE A BROADER GROUP OF NONPROFIT LEADERS IN THE DESIGN, SPACE, AND PROGRAMMATIC CONSIDERATIONS. EQUASPACE CONTINUED TO MOVE FORWARD WITH A DEDICATED SPACE IN ST. PAUL TO OPEN A PILOT NONPROFIT CENTER TO SUPPORT 20-25 SMALL TO MID-SIZE ORGANIZATIONS WITH ACCESS TO SHARED SERVICES, INTENTIONAL COLLABORATION AND LEARNING OPPORTUNITIES. 176241 1 1 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 4 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 MN X SARAH CLYNE 6128043986 PO BOX 4458 ST PAUL MN 55104 SUSAN KELLY FOUNDER AND BOARD CHAIR 30.00 X X 0 0 0 RON LATTIN VICE CHAIR 5.00 X X 0 0 0 LINDA IRELAND SECRETARY AND TREASURER 3.00 X X 0 0 0 IMEE CAMBRONERO DIRECTOR 2.00 X 0 0 0 MIKE LOGAN DIRECTOR 2.00 X 0 0 0 SARAH CLYNE EXECUTIVE DIRECTOR 40.00 X 168462 0 992 168462 0 992 1 0 1 0 0 213000 213000 1120 1120 214120 0 0 1120 169454 152509 16945 192 173 19 11997 10797 1200 6583 6583 23103 23103 13462 13462 276 276 1104 976 128 1597 1597 2561 2561 855 769 86 231184 176241 41481 13462 430774 16273 354413 21501 4153 549 40685 0 0 40685 0 37685 456428 449605 36177 46418 36177 46418 X 20251 73872 400000 329315 420251 403187 456428 449605 -17064 0 X 0 0 0 X 20000 70000 38500 1277540 213000 1619040 20000 70000 38500 1277540 213000 1619040 1454470 164570 10 1 132 1120 1263 1620303 X SCHEDULE A, PART II IN 2019, PUBLIC CHARITY STATUS 170(B)(1)(A)(VI) WAS GRANTED TO EQUASPACE. THE ORGANIZATION HAS A LONG START-UP PHASE AS IT REQUIRES SIGNIFICANT MARKET AND REAL ESTATE RESEARCH. ON-GOING START-UP EXPENSES WILL CONTINUE THROUGH DESIGN, STRATEGY AND FUNDRAISING. EQUASPACE SEEKS TO GAIN SITE CONTROL OVER OFFICE/WORK SPACES IN ORDER TO FULFILL ITS MISSION OF PROVIDING HIGH FUNCTIONING WORK SPACES AND OTHER RELATED PROGRAMMING AND RESOURCES TO 501(C)3'S. IN FULL OPERATION, EQUASPACE WILL MEET THE 170(B)(1)(A)(VI) REQUIREMENTS OF 33 1/3% PUBLIC SUPPORT MINIMUM. IN THE INTERIM, THE ORGANIZATION MAY BE FUNDED BY LARGE GRANTS FROM A FEW FOUNDATIONS AND/OR THE GOVERNMENT. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 40685 40685 40685 SECURITY DEPOSITS 37685 37685 X 0 0 0 0 0 0 0 0 0 SARAH CLYNE EXECUTIVE DIRECTOR 163462 0 5000 0 0 0 0 0 992 0 169454 0 0 0 PART I, LINE 3 THE BOARD REVIEWS ACCOMPLISHMENTS OF THE EXECUTIVE DIRECTOR AND THE BOARD HAS REVIEWED MARKET RATES AND DISCUSSES COMPENSATION ANNUALLY. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD REVIEWS THE FORM 990 AT A BOARD MEETING AND A VOTE IS TAKEN TO APPROVE THE 990. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD CHAIR SENDS OUT THE CONFLICT OF INTEREST POLICY ANNUALLY TO BOARD AND STAFF AND SIGNED COPIES ARE KEPT ON FILE. DURING THE YEAR, IF ANY CONFLICTS ARISE, THEY ARE BROUGHT TO THE BOARD'S ATTENTION IMMEDIATELY AND THE PERSON WITH THE POTENTIAL CONFLICT IS EXCLUDED FROM DISCUSSION AND APPROVAL OF THE POTENTIAL CONFLICT. COMPETITIVE BIDS OR COMPARATIVE VALUES ARE ATTAINED, AND THE BOARD THEN DETERMINES WHAT IS IN THE BEST INTEREST OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD REVIEWS ACCOMPLISHMENTS OF THE EXECUTIVE DIRECTOR AND THE BOARD HAS REVIEWED MARKET RATES AND DISCUSSES COMPENSATION ANNUALLY. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2023. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.