2024-04-30T15:37:11-05:00 2023-12-31 411397419 Abdo LLP 5201 Eden Ave Ste 250 Edina MN 55436 990 2023-01-01 411725396 Bridging Inc BRID 9528881105 201 W 87th St Bloomington MN 55420 Mark Wilkening Executive Director 9528881183 2024-04-30 1 Mark Wilkening XXX-XX-XXXX 0 Steven D Anseth CPA P00552219 9528359090 2024-04-25 3 AAL1 IAL1 2023 2023-04-26 12:10:37Z Bridging Mark Wilkening 201 W 87th St Bloomington MN 55420 12647844 0 X www.Bridging.org X 1992 MN Empowering those who are pursuing housing stability to thrive in their homes. 18 18 48 3864 0 0 8699616 10390498 1259504 1378735 7611 42110 93789 149557 10060520 11960900 6101982 6664625 0 0 2307400 2775093 23150 14000 440644 1455064 1469577 9887596 10923295 172924 1037605 8600999 10178298 406555 916518 8194444 9261780 Bridging empowers people to thrive in their homes by providing quality furniture and household goods for those pursuing housing stability. 0 0 10129506 6664625 1450264 Bridging provides families and individuals who are pursuing housing stability with quality furniture and household goods to improve lives while effectively using community resources. Bridging served 5,009 client households in 2023, representing 13,131 individual family members. Through its two warehouse locations in the Twin Cities, Bridging serves clients primarily in the seven-county metro area with a dedicated team of 40 staff members and 3,864 volunteers. Through the power of recycling, Bridging is able to keep approximately 14 million pounds of items out of the waste stream each year by distributing these items to clients. 10129506 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 9 0 1 48 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MN X X X The Organization 9528881105 201 W 87th St Bloomington MN 55420 Jeff Snegosky Chair 1.50 X X 0 0 0 Nick Love Vice Chair 1.50 X X 0 0 0 Tom Portz Treasurer 1.50 X X 0 0 0 Erryn Williams Secretary 1.50 X X 0 0 0 Ben Beard Director 1.50 X 0 0 0 Quay Crawford Director 1.50 X 0 0 0 Dan Kadlec Director 1.50 X 0 0 0 Kerry Klemm Director 1.50 X 0 0 0 Stacy Stusynski Director 1.50 X 0 0 0 Kelly Tanzer Director 1.50 X 0 0 0 Kris Kielsa Director 1.50 X 0 0 0 Sheila Gore Director 1.50 X 0 0 0 Pat Cleary Director 1.50 X 0 0 0 Aric Fier Director 1.50 X 0 0 0 Andrea Giles Director 1.50 X 0 0 0 Janet Pool Past Chair / Director 1.50 X 0 0 0 Carmen Thiede Director 1.50 X 0 0 0 An Nguyen Director 1.50 X 0 0 0 Mark Wilkening Executive Director 40.00 X 189273 0 27066 189273 0 27066 1 0 1 0 0 641427 9749071 6604857 10390498 Delivery fees 900099 743315 743315 Appointment fees 900099 381983 381983 Residential pickup fee 900099 236319 236319 Miscellaneous Income 900099 17118 17118 1378735 51859 51859 246238 182154 64084 64084 64084 9749 -9749 -9749 -9749 175757 641427 161813 13944 13944 404757 333228 71529 71529 11960900 1450264 0 120138 6664625 6664625 216339 167379 22242 26718 2147472 1661648 218456 267368 79031 61099 8725 9207 150533 116377 16619 17537 181718 140486 20062 21170 2629 2629 17685 11463 6222 14000 14000 76326 75943 383 59162 45839 4366 8957 174522 126232 10802 37488 70358 54176 8443 7739 128066 115134 6466 6466 6624 5564 530 530 29659 24913 2373 2373 14502 14502 251470 233866 10060 7544 92174 77426 7374 7374 Dressers and household 284016 284016 Truck expense 178467 178467 Maintenance 46013 38651 3681 3681 Volunteer recognition 12910 11897 1013 24994 19803 4095 1096 10923295 10129506 353145 440644 761961 931621 2260527 3305508 156586 167536 768497 677012 92986 95420 6170878 1920412 4364949 4250466 59902 46342 135591 704393 8600999 10178298 187862 147134 52182 53273 158612 7899 716111 406555 916518 X 8041495 8744553 152949 517227 8194444 9261780 8600999 10178298 X 1037605 29731 X X 0 1 X 1 0 X 8166178 6514113 7789782 8699616 10390498 41560187 8166178 6514113 7789782 8699616 10390498 41560187 151710 41408477 18955 13381 1899 234857 298097 567189 88837 70480 70545 43341 13944 287147 42414523 6207178 0.97630 0.98460 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1121524 1121524 4461235 1461051 3000184 34632 20856 13776 503725 394673 109052 49762 43832 5930 4250466 Right of Use Asset - Finance 704393 704393 Security deposits 7899 Lease Liability - Finance 708212 716111 12036942 46311 29731 76042 11960900 0 11960900 10969606 46311 46311 10923295 0 10923295 Part XI, Line 2d - Other Adjustments: Gain on recovery of capital leases 29,731. Annual Gala 669258 493501 175757 31100 55915 63135 Bedrace 147926 147926 11300 363 817184 641427 175757 42400 55915 63498 161813 13944 1 Furniture and household items 13131 6664625 Thrift Value Guides Various new and used furniture and household items to those in transition or economically disadvantaged. Part I, Line 2: Bridging works with more than 260 social service agencies to identify clients for Bridging's services. Bridging asks that each agency verifies the need of each client. The majority of Bridging's clients are transitioning out of homelessness or experiencing persistent low income (poverty lasting longer than 12 months). Seventy-nine percent of Bridging's clients have an annual household income of $20,000 or less. X 0 0 0 0 0 0 0 0 0 Mark Wilkening Executive Director 189273 0 0 0 0 0 0 0 27066 0 216339 0 0 0 Part I, Line 3 The Personnel Committee and Board Chair review the Executive Director's annual compensation and the results are presented to the Board for final approval. X 6596881 Thrift Value Guides X Supplies 4 7976 Thrift Value Guides 0 1 0 Form 990, Part VI, Section B, line 11b The Form 990 is prepared by the Organization's independent accounting firm, using information provided by the Organization and the audited financial statements. The Organization's Executive Director, Business Services Manager, and Finance Committee review a copy of the Form 990 before it is provided to the Board of Directors. The Board reviews the Form 990 prior to its filing. Form 990, Part VI, Section B, line 12c Potential conflicts of interest are reviewed with staff, volunteers and board members annually. A conflicts of interest statement is signed annually by all board members. Form 990, Part VI, Section B, line 15a Compensation process for top management official - A review of the Executive Director's compensation is conducted annually by the Personnel Committee and Board Chair. Results of the review are presented to the board for final approval. Form 990, Part VI, Section C, line 19 Bridging's governing documents, policies and financial statements are available to the public through their website, Guidestar and other reporting agencies. In addition, Bridging makes its Report to the Community available for donors, volunteers and other interested parties in the 2nd quarter of each year (for the previous year). Form 990, Part XI, line 9: Gain on recovery of capital leases 29,731. Form 990, Part XII, Line 2c The process has not changed from the prior year.