2024-06-03T12:22:45-04:00 2023-12-31 411620961 LEWIS KISCH & ASSOCIATES LTD 1125 SOUTH FRONTAGE ROAD SUITE 1 HASTINGS MN 550332489 990 2023-01-01 411953515 NORTHCOUNTRY COOPERATIVE FOUNDATION NORT 6127672116 2610 UNIVERSITY AVE W STE 150 SAINT PAUL MN 55114 VICTORIA CLARK-WEST EXECUTIVE DIRECTOR 6513075691 2024-05-30 true VICTORIA CLARK-WEST 999009999 true THOMAS A MADSEN P00543681 6514373356 2024-06-03 2023 2023-04-26 12:10:37Z X VICTORIA CLARK-WEST 2610 UNIVERSITY AVE W STE 150 SAINT PAUL MN 55114 2376796 false X NORTHCOUNTRYFOUNDATION.ORG X 1999 MN NCF'S MISSION IS TO "TRANSFORM LIVES AND COMMUNITIES THROUGH COOPERATIVE ENTERPRISE." WE CARRY OUT THIS MISSION BY PROVIDING TECHNICAL ASSISTANCE AND COOPERATIVE EDUCATION TO COOPERATIVE ORGANIZATIONS. FROM OUR INCEPTION, WE HAVE BEEN INNOVATIVE AND ENTREPRENEURIAL, SEEKING OUT CREATIVE, SOCIALLY ORGANIZED APPROACHES TO CHALLENGING PROBLEMS. 13 12 11 12 0 957878 1913796 339007 463000 0 0 1296885 2376796 0 0 504633 712524 0 56099 599349 997517 1103982 1710041 192903 666755 661561 3200296 148260 2020240 513301 1180056 X NCF'S MISSION IS TO "TRANSFORM LIVES AND COMMUNITIES THROUGH COOPERATIVE ENTERPRISE." WE CARRY OUT THIS MISSION BY PROVIDING TECHNICAL ASSISTANCE AND COOPERATIVE EDUCATION TO COOPERATIVE ORGANIZATIONS. FROM OUR INCEPTION, WE HAVE BEEN INNOVATIVE AND ENTREPRENEURIAL, SEEKING OUT CREATIVE, SOCIALLY ORGANIZED APPROACHES TO CHALLENGING PROBLEMS. true false 1456744 WORKED DIRECTLY WITH COMMUNITY GROUPS TO BUILD AND PRESERVE AFFORDABLE, COOPERATIVE HOUSING BOTH IN AN URBAN AND RURAL SETTING; CONDUCTED RESEARCH THAT SUPPORTS THE CONVERSION AND ONGOING SUSTAINABILITY OF HOUSING TO COOPERATIVE OWNERSHIP; PROVIDED TECHNICAL ASSISTANCE TO VARIOUS COMMUNITY- BASED ECONOMIC DEVELOPMENT INITIATIVES. ORGANIZED AND CONDUCTED TRAINING INSTITUTES FOR HOUSING COOPERATIVES. 2023 ACCOMPLISHMENTS: TECHNICAL ASSISTANCE & CAPACITY BUILDING - NCF PROVIDED ONGOING TECHNICAL ASSISTANCE, CAPACITY BUILDING, AND TRAINING SERVICES TO OVER 90 CO-OP BOARD LEADERS AND STAFF. SECURED 10.7 MILLION IN INFRASTRUCTURE FUNDING FOR EXISTING RESIDENT OWNED MANUFACTURED HOUSING. HELPED TRANSITION 73-UNITS OF MANUFACTURED HOUSING TO RESIDENT OWNERSHIP. STOOD UP A WHOLLY OWNED SUBSIDIARY TO HOUSE ALL LENDING ACTIVITY. UNDERWROTE AND WORKED TO DEPLOY THE FIRST LOAN FROM THE SUBSIDIARY, COOPERATIVE LOAN FUND LLC. HELPED TO PASS A TAX CREDIT AND NOTICE OF SALE PROVISION FOR RESIDENTS IN THE STATE OF MINNESOTA. DELIVERED 2,958 HOURS OF TECHNICAL ASSISTANCE AND TRAINING TO CO-OPS. TRACK RECORD: SINCE 2004, NCF HAS WORKED WITH RESIDENTS TO CONVERT FOURTEEN MANUFACTURED HOME COMMUNITIES TO RESIDENT-OWNERSHIP - 11 IN MINNESOTA AND 3 IN WISCONSIN. THESE CONVERSIONS HAVE PROVIDED THE SECURITY OF PERMANENTLY AFFORDABLE HOUSING TO OVER 1000 HOME SITES. AVERAGE ANNUAL LOT RENT INCREASE ACROSS NCF'S PORTFOLIO IS 2% COMPARED TO THE NATIONAL INVESTOR- OWNED AVERAGE OF 5 TO 6%. NCF SUPPORTED COMMUNITIES HAVE RE-INVESTED OVER 6 MILLION INTO THEIR COMMUNITIES BY WAY OF INFRASTRUCTURE REHABILITATION AND OTHER COMMUNITY IMPROVEMENTS. 75% OF THE HOUSEHOLDS SERVED THROUGH THE MANUFACTURED HOME CONVERSION PROGRAM HAVE INCOMES AT 60% AMI OR BELOW. A FULL THIRD OF HOUSEHOLDS SERVED ARE CONSIDERED EXTREMELY LOW INCOME AT 30% OF AMI. AT LEAST 40% OF THE POPULATIONS SERVED THROUGH THE MANUFACTURED HOME CO-OP CONVERSION PROGRAM ARE HOUSEHOLDS OF COLOR (25% ARE LATINO; 11% ARE ASIAN HOUSEHOLDS). NCF SERVES A DISPROPORTIONATE POPULATION OF VETERANS AND HOUSEHOLDS WITH CHRONIC HEALTH CONDITIONS AND DISABILITIES. 1456744 true true false true false false false false false false false false false true true true true false false false false false false false false false false false false false false false false false false false false false false false false false true false false false false true 20 0 11 true false false false false false false false false false false false false false false X 13 12 false false false false false false false true true false false true true true true true true true false false MN WI X JULIE FLIFLET 6127672116 2610 UNIVERSITY AVE W STE 150 ST PAUL MN 55114 VICTORIA CLARK-WEST EXECUTIVE DI 40.00 X X 92126 0 2764 RYAN ALLEN DIRECTOR 1.00 X 0 0 0 SARAH BERKE CHAIR 1.00 X X 0 0 0 BRIAN DAHLK TREASURER 1.00 X X 0 0 0 JIM ERCHUL DIRECTOR 1.00 X 0 0 0 BOBBIE GRUBB VICE CHAIR 1.00 X X 0 0 0 NOAH HOBBS CHAIR 1.00 X X 0 0 0 BENJY NICHOLIE DIRECTOR 1.00 X 0 0 0 TRISHA PRESLEY SECRETARY 1.00 X X 0 0 0 JUAN LUIS REVEA RYES DIRECTOR 1.00 X 0 0 0 DIANE SCHOBERT DIRECTOR 1.00 X 0 0 0 PAT STREETER DIRECTOR 1.00 X 0 0 0 MAR VALDECANTOS DIRECTOR 1.00 X 0 0 0 92126 2764 false false false 499186 1414610 1913796 PROJECT MANAGEMENT CONTRACTS 183063 183063 DEVELOPER FEES 151177 151177 COOPERATIVE TECHNICAL ASSIST 104328 104328 OTHER INCOME 24432 24432 463000 2376796 463000 92126 71991 13855 6280 526246 411229 79145 35872 41152 31414 6997 2741 53000 41923 7420 3657 8821 8821 13448 12966 361 121 9388 3193 6031 164 2880 2880 33300 26340 4662 2298 12255 11633 622 42805 40842 1963 5736 5736 17153 17153 CO-OP PROJECT GRANT 600000 600000 CONTRACT SERVICES 241321 196215 40379 4727 DUES AND SUBSCRIPTIONS 7611 2288 5323 OTHER EXPENSE 2385 560 1586 239 414 414 1710041 1456744 197198 56099 269195 2706298 250505 229951 64306 71592 77555 192455 661561 3200296 54570 46197 46190 1791346 47500 182697 148260 2020240 X 270954 1108350 242347 71706 513301 1180056 661561 3200296 666755 X false true X true false X 113635 346536 636788 957878 1913796 3968633 234694 124154 248589 339007 463000 1409444 348329 470690 885377 1296885 2376796 5378077 5378077 348329 470690 885377 1296885 2376796 5378077 1.00000 0.99880 0.00000 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true false false false true 40000 true 10000 false false 50000 false SCHEDULE C, PART II-B, LINE 1 THE ORGANIZATION HAS CONTRACTED FOR LOBBYING ACTIVITIES TO BE PERFORMED IN AN EFFORT TO FURTHER THE OGRANIZATION'S MISSION. RIGHT OF USE ASSET, NET 182697 CONTRACTS FOR TITLE NET OF ALLOWANCE 9758 192455 LEASE LIABILITY 182697 182697 X 2376796 2376796 2376796 1710041 1710041 1710041 SCHEDULE D, PAGE 3, PART X MANAGEMENT HAS EVALUATED FOR UNCERTAIN TAX POSITIONS AND HAS DETERMINED THERE ARE NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2023. TAX RETURNS FOR THE PAST THREE YEARS REMAIN OPEN FOR EXAMINATION BY TAX JURISDICTIONS. FORM 990 - ORGANIZATION'S MISSION NCF'S MISSION IS TO "TRANSFORM LIVES AND COMMUNITIES THROUGH COOPERATIVE ENTERPRISE." WE CARRY OUT THIS MISSION BY PROVIDING TECHNICAL ASSISTANCE AND COOPERATIVE EDUCATION TO COOPERATIVE ORGANIZATIONS. FROM OUR INCEPTION, WE HAVE BEEN INNOVATIVE AND ENTREPRENEURIAL, SEEKING OUT CREATIVE, SOCIALLY ORGANIZED APPROACHES TO CHALLENGING PROBLEMS. FORM 990, PAGE 2, PART III, LINE 2 TO ENABLE THE DEVELOPMENT OF MORE COOPERATIVES, THE ORGANIZATION ESTABLISHED THE COOPERATIVE LOAN FUND LLC AS A LENDING SUBSIDIARY IN 2023. THE SUBSIDIARY IS DEDICATED TO MAKING LOANS AND OTHER FINANCING PRODUCTS TO FINANCE COOPERATIVE ENTERPRISES, PRIMARILY SERVING LOW-INCOME, LOW WEALTH AND HISTORICALLY MARGINALIZED COMMUNITIES IN THE UPPER MIDWEST. FORM 990, PAGE 2, PART III, LINE 4A WORKED DIRECTLY WITH COMMUNITY GROUPS TO BUILD AND PRESERVE AFFORDABLE, COOPERATIVE HOUSING BOTH IN AN URBAN AND RURAL SETTING; CONDUCTED RESEARCH THAT SUPPORTS THE CONVERSION AND ONGOING SUSTAINABILITY OF HOUSING TO COOPERATIVE OWNERSHIP; PROVIDED TECHNICAL ASSISTANCE TO VARIOUS COMMUNITY- BASED ECONOMIC DEVELOPMENT INITIATIVES. ORGANIZED AND CONDUCTED TRAINING INSTITUTES FOR HOUSING COOPERATIVES. 2023 ACCOMPLISHMENTS: TECHNICAL ASSISTANCE & CAPACITY BUILDING - NCF PROVIDED ONGOING TECHNICAL ASSISTANCE, CAPACITY BUILDING, AND TRAINING SERVICES TO OVER 90 CO-OP BOARD LEADERS AND STAFF. SECURED 10.7 MILLION IN INFRASTRUCTURE FUNDING FOR EXISTING RESIDENT OWNED MANUFACTURED HOUSING. HELPED TRANSITION 73-UNITS OF MANUFACTURED HOUSING TO RESIDENT OWNERSHIP. STOOD UP A WHOLLY OWNED SUBSIDIARY TO HOUSE ALL LENDING ACTIVITY. UNDERWROTE AND WORKED TO DEPLOY THE FIRST LOAN FROM THE SUBSIDIARY, COOPERATIVE LOAN FUND LLC. HELPED TO PASS A TAX CREDIT AND NOTICE OF SALE PROVISION FOR RESIDENTS IN THE STATE OF MINNESOTA. DELIVERED 2,958 HOURS OF TECHNICAL ASSISTANCE AND TRAINING TO CO-OPS. TRACK RECORD: SINCE 2004, NCF HAS WORKED WITH RESIDENTS TO CONVERT FOURTEEN MANUFACTURED HOME COMMUNITIES TO RESIDENT-OWNERSHIP - 11 IN MINNESOTA AND 3 IN WISCONSIN. THESE CONVERSIONS HAVE PROVIDED THE SECURITY OF PERMANENTLY AFFORDABLE HOUSING TO OVER 1000 HOME SITES. AVERAGE ANNUAL LOT RENT INCREASE ACROSS NCF'S PORTFOLIO IS 2% COMPARED TO THE NATIONAL INVESTOR- OWNED AVERAGE OF 5 TO 6%. NCF SUPPORTED COMMUNITIES HAVE RE-INVESTED OVER 6 MILLION INTO THEIR COMMUNITIES BY WAY OF INFRASTRUCTURE REHABILITATION AND OTHER COMMUNITY IMPROVEMENTS. 75% OF THE HOUSEHOLDS SERVED THROUGH THE MANUFACTURED HOME CONVERSION PROGRAM HAVE INCOMES AT 60% AMI OR BELOW. A FULL THIRD OF HOUSEHOLDS SERVED ARE CONSIDERED EXTREMELY LOW INCOME AT 30% OF AMI. AT LEAST 40% OF THE POPULATIONS SERVED THROUGH THE MANUFACTURED HOME CO-OP CONVERSION PROGRAM ARE HOUSEHOLDS OF COLOR (25% ARE LATINO; 11% ARE ASIAN HOUSEHOLDS). NCF SERVES A DISPROPORTIONATE POPULATION OF VETERANS AND HOUSEHOLDS WITH CHRONIC HEALTH CONDITIONS AND DISABILITIES. FORM 990, PAGE 6, PART VI, LINE 11B THE BOARD OF DIRECTORS REVIEWED AND ACCEPTED INFORMATION CONTAINED IN THE FORM 990. FORM 990, PAGE 6, PART VI, LINE 12C THE EXECUTIVE DIRECTOR AND THE BOARD OF DIRECTORS REVIEW AND MONITOR ALL POSSIBLE ISSUES RELATED TO CONFLICT OF INTEREST. FORM 990, PAGE 6, PART VI, LINE 15A THE ORGANIZATION USES SALARY COMPARISON DATA OF SIMILAR SERVICE AND SIZED ORGANIZATIONS TO ESTABLISH SALARY RATES FOR STAFF. THE AMOUNTS ARE REVIEWED AND APPROVED BY A GROUP OF BOARD MEMBERS FOR THE EXECUTIVE DIRECTOR AND WAGES ARE APPROVED AS PART OF THE ANNUAL BUDGET PROCESS. FORM 990, PAGE 6, PART VI, LINE 19 THE GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. VIKING LAKES 2610 UNIVERSITY AVE W STE 150 SAINT PAUL MN 55114 NONE MN NCF COOPERATIVE LOAN FUND 2610 UNIVERSITY AVE W STE 150 SAINT PAUL MN 55114 LOAN FUND MN 13275 2071114 NCF