2024-09-03T16:27:10-05:00 2023-12-31 410887288 BOULAY PLLP 11095 VIKING DRIVE-STE 500 EDEN PRAIRIE MN 55344 990 2023-01-01 411943697 FRASER INDEPENDENT LIVING PROJECT IV FRAS 6128611688 2400 WEST 64TH STREET MINNEAPOLIS MN 55423 DIANE S CROSS CEO 6128611688 2024-08-30 1 0 JADIN C BRAGG P00643813 9528939320 2024-08-30 2023 2024-08-08 14:25:15Z DIANE S CROSS 2400 WEST 64TH STREET MINNEAPOLIS MN 55423 168939 0 X WWW.FRASER.ORG X 1999 MN TO OPERATE AN APARTMENT COMPLEX FOR PERSONS WITH DEVELOPMENTAL DISABILITIES AND VERY LOW INCOME IN APPLE VALLEY, MINNESOTA, AS HUD PROJECT NO. 092-HD047-WDD. 6 5 0 5 0 0 0 0 160576 168275 -19382 60 379 604 141573 168939 0 0 0 0 0 0 0 0 0 211564 196599 211564 196599 -69991 -27660 917987 895521 1320900 1326094 -402913 -430573 TO OPERATE AN APARTMENT COMPLEX FOR PERSONS WITH DEVELOPMENTAL DISABILITIES AND VERY LOW INCOME IN APPLE VALLEY, MINNESOTA, AS HUD PROJECT NO. 092-HD047-WDD. 0 0 151968 168879 SUBSIDIZED APARTMENT BUILDING PROGRAM SERVING HIGH FUNCTIONING ADULTS WITH DEVELOPMENTAL DISABILITIES LIVING IN SEVENTEEN APARTMENT UNITS. 151968 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 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 1 0 0 0 1 3 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 5 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MN X X JAMES OLSON 6128611688 2400 WEST 64TH STREET MINNEAPOLIS MN 55423 DIANE CROSS CEO/SECRETARY/VICE CHAIR 0.10 39.90 X X 1166 451071 22806 PETER ROBB VICE CHAIR/TREASURER 0.10 2.40 X X 0 0 0 DR ARMANTINA ESPINOSA BOARD MEMBER 0.10 1.40 X 0 0 0 KEITH KLEIN BOARD CHAIR 0.10 2.40 X X 0 0 0 RICK FERRIS VICE CHAIR 0.10 2.40 X X 0 0 0 RANDY PATTEE VICE CHAIR 0.10 2.40 X X 0 0 0 JAMES OLSON CFO 0.10 39.90 X 669 258785 7496 KIMBERLY KLEIN DIRECTOR OF NEUROPSYCHOLOGY 0.00 40.00 X 0 168970 9401 MATT CHIODO VP OF INFORMATION TECHNOLOGY 0.10 39.90 X 389 150593 15829 PATRICIA PULICE VP OF CLINICAL QUALITY 0.00 40.00 X 0 171519 4367 ELIF MCCAIN CHIEF ADMINISTRATIVE OFFICER 0.00 40.00 X 0 160148 19297 NANCY BALDRICA CHIEF MARKETING OFFICER 0.10 39.90 X 408 157636 2840 2632 1518722 82036 0 0 1 0 0 TENANT FEES 531110 168275 168275 168275 60 60 LAUNDRY AND VENDING RE 531390 604 604 604 168939 168879 0 60 15165 15165 9450 9450 5423 5423 44430 44430 41535 41535 4638 4638 REPAIRS & MAINTENANCE 40441 40441 SHARED PAYROLL COSTS 34541 19948 14593 OTHER FINANCIAL EXPENSE 976 976 196599 151968 44631 0 2621 575 400 835 3492 3000 1603633 779144 866023 824489 45451 66622 917987 895521 5534 2453 1279000 1279000 36366 44641 1320900 1326094 X -402913 -430573 917987 895521 -27660 0 X X 0 1 X 1 0 X 200 221 14195 14616 131211 139760 153520 160576 168275 753342 131411 139981 167715 160576 168275 767958 10000 10000 0 10000 10000 757958 104 37 9 10 60 220 104 37 9 10 60 220 350 48396 379 604 49729 131865 188414 167724 160965 168939 817907 0.92670 0.92310 0.00030 0.00020 X 186938 186938 1375484 754281 621203 26400 16697 9703 14811 8166 6645 824489 TENANT SECURITY DEPOSITS 8033 TAX & INSURANCE ESCROW 3412 RESERVE FOR REPLACEMENTS 55177 66622 TENANT SECURITY DEPOSITS 8033 PREPAID RENT 11803 RELATED PARTY PAYABLE, FRASER 24805 44641 X 168939 0 168939 0 168939 196599 0 196599 0 196599 PART X, LINE 2: THE ORGANIZATION IS A NON-PROFIT ENTITY AND, THEREFORE, IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE STATUTES. THE ORGANIZATION HAS EVALUATED WHETHER THEY HAVE SIGNIFICANT TAX UNCERTAINTIES THAT REQUIRE RECOGNITION OR DISCLOSURE. PRIMARILY DUE TO THE EXEMPT STATUS, THE ORGANIZATION DOES NOT HAVE ANY SIGNIFICANT TAX UNCERTAINTIES THAT REQUIRE RECOGNITION OR DISCLOSURE. FOR YEARS BEFORE 2020 THE ORGANIZATION IS NO LONGER SUBJECT TO U.S. FEDERAL OR STATE INCOME TAX EXAMINATION. X 1 1 X X X X X 0 0 0 0 0 0 0 1 0 DIANE CROSS CEO/SECRETARY/VICE CHAIR 944 365187 222 85884 0 0 0 13305 0 9501 1166 473877 0 0 JAMES OLSON CFO 586 226668 83 32117 0 0 0 7496 0 0 669 266281 0 0 ELIF MCCAIN CHIEF ADMINISTRATIVE OFFICER 0 159148 0 1000 0 0 0 5193 0 14104 0 179445 0 0 KIMBERLY KLEIN DIRECTOR OF NEUROPSYCHOLOGY 0 157970 0 11000 0 0 0 4849 0 4552 0 178371 0 0 PATRICIA PULICE VP OF CLINICAL QUALITY 0 170519 0 1000 0 0 0 4279 0 88 0 175886 0 0 MATT CHIODO VP OF INFORMATION TECHNOLOGY 383 148099 6 2494 0 0 0 4775 0 11054 389 166422 0 0 NANCY BALDRICA CHIEF MARKETING OFFICER 405 156639 3 997 0 0 0 2840 0 0 408 160476 0 0 PART I, LINE 1A THE AMOUNTS INCLUDED IN PART II, COLUMN B(II) ARE BONUS & INCENTIVE PAYMENTS AS WELL AS A TAX GROSS-UP PAYMENT. PART I, LINE 7 BONUS COMPENSATION AND INCENTIVE COMPENSATION REPORTED IN 2023 RELATE TO PERFORMANCE FOR 2022 AND WERE PAID CONTINGENT UPON ACHIEVING CERTAIN GOALS RELATED TO: FINANCIAL PERFORMANCE; CUSTOMER SATISFACTION; SCORE CARD GOALS; EMPLOYEE TURNOVER TARGETS AND EMPLOYEE SATISFACTION OF ITS AFFILIATES FRASER AND FRASER CHILD & FAMILY FOR THE PRECEDING FISCAL YEAR. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS WHO ALSO COMPRISE THE BOARD OF DIRECTORS. MEMBERSHIP IS STRICTLY ON A VOLUNTARY BASIS. THE MEMBERS RECEIVE NO COMPENSATION OR OTHER GAIN FROM MEMBERSHIP AND HAVE NO RIGHTS IN DISSOLUTION. THE MEMBERS ARE REQUIRED TO BE DIRECTORS OF FRASER, A RELATED NONPROFIT CORPORATION. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION HAS MEMBERS WHO ALSO COMPRISE THE BOARD OF DIRECTORS. MEMBERSHIP IS STRICTLY ON A VOLUNTARY BASIS. THE MEMBERS RECEIVE NO COMPENSATION OR OTHER GAIN FROM MEMBERSHIP AND HAVE NO RIGHTS IN DISSOLUTION. THE MEMBERS ARE REQUIRED TO BE DIRECTORS OF FRASER, A RELATED NONPROFIT CORPORATION. FORM 990, PART VI, SECTION B, LINE 11B THE COMPLETED FORM 990 IS REVIEWED AND APPROVED BY THE ORGANIZATION'S CHIEF FINANCIAL OFFICER. IT IS ALSO REVIEWED AND APPROVED BY THE OPERATING BOARD OF DIRECTORS BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, ALL MANAGEMENT EMPLOYEES AND ALL MEMBERS OF THE BOARD OF DIRECTORS ARE REQUIRED TO REVIEW, UPDATE, AND SIGN THE CONFLICT OF INTEREST POLICY. THE POLICY REQUIRES FULL DISCLOSURE OF ALL RELATIONSHIPS AND/OR ACTIVITIES THAT CREATE OR APPEAR TO CREATE A CONFLICT OF INTEREST. CONFLICTS THAT THE EXECUTIVE COMMITTEE BECOMES AWARE OF THROUGH THIS OR ANY OTHER MEANS ARE REVIEWED AND RESOLVED THROUGH EITHER RESIGNATION, RECUSEMENT FROM VOTING OR OTHER BOARD PARTICIPATION, OR OTHER MEANS AS APPROPRIATE. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION OF THE CHIEF EXECUTIVE OFFICER IS DETERMINED BY AN INDEPENDENT COMMITTEE OF THE BOARD OF DIRECTORS, WHOSE MEMBERS ARE UNRELATED TO AND NOT SUBJECT TO THE CONTROL OF THE CEO. THE COMMITTEE SURVEYS COMPARABLE POSITIONS USING INFORMATION FROM SIMILAR ORGANIZATIONS, FROM FORMAL SALARY SURVEYS, FORMS 990, AND THE MINNESOTA COUNCIL ON NONPROFITS. THE COMMITTEE ALSO USES THE RESULTS OF THE PERFORMANCE EVALUATION OF THE CEO PREPARED BY THE BOARD CHAIR. THE COMPENSATION RECOMMENDATION OF THE COMMITTEE IS REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE DOCUMENTS ARE MADE AVAILABLE UPON RECEIPT OF A REASONABLE REQUEST, PRESENTED IN WRITING. FORM 990, PART XII, LINE 2C: THE PROCESS DID NOT CHANGE FROM PRIOR YEARS. LW FRASER INDEPENDENT LIVING PROJECT INC 2400 WEST 64TH STREET MINNEAPOLIS MN 55423 363364065 TO PROVIDE HOUSING TO ADULTS WITH DEVELOPMENTAL DISABILITIES MN 501(C)(3) LINE 10 0 LW FRASER INDEPENDENT LIVING PROJECT II INC 2400 WEST 64TH STREET MINNEAPOLIS MN 55423 411627417 TO PROVIDE HOUSING TO ADULTS WITH DEVELOPMENTAL DISABILITIES MN 501(C)(3) LINE 10 0 FRASER INDEPENDENT LIVING PROJECT III INC 2400 WEST 64TH STREET MINNEAPOLIS MN 55423 411844773 TO PROVIDE HOUSING TO ADULTS WITH DEVELOPMENTAL DISABILITIES MN 501(C)(3) LINE 10 0 FRASER INDEPENDENT LIVING PROJECT V 2400 WEST 64TH STREET MINNEAPOLIS MN 55423 264312303 TO PROVIDE HOUSING TO ADULTS WITH DEVELOPMENTAL DISABILITIES MN 501(C)(3) LINE 10 0 FRASER 2400 WEST 64TH STREET MINNEAPOLIS MN 55423 410781858 SERVICING CHILDREN & ADULTS WITH SPECIAL NEEDS MN 501(C)(3) LINE 2 0 FRASER CHILD & FAMILY CENTER 2400 WEST 64TH STREET MINNEAPOLIS MN 55423 411781580 SERVICING CHILDREN & ADULTS WITH SPECIAL NEEDS MN 501(C)(3) LINE 2 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0