2025-11-12T13:47:51-06:00 2024-12-31 410746749 CLIFTONLARSONALLEN LLP 4150 2ND STREET SOUTH SUITE 400 ST CLOUD MN 56301 990 2024-01-01 830435069 TWIN CITIES ORTHOPEDICS FOUNDATION TWIN 9523457704 3500 AMERICAN BLVD W 300 BLOOMINGTON MN 55431 JAY HEMPE CFO 9523457704 2025-11-10 1 1 JASON NEUMANN CPA P01690179 3202035500 2025-11-10 2024 2025-03-06 01:10:19Z DAVID GESENSWAY 3500 AMERICAN BLVD W 300 BLOOMINGTON MN 55431 881422 0 X WWW.TCOFOUNDATION.ORG X 2005 MN PROMOTING ORTHOPEDIC HEALTH AND RESEARCH, EDUCATION AND TRAINING, AND IMPROVING QUALITY OF LIFE. 10 10 0 20 0 0 1024966 881422 0 0 0 0 0 0 1024966 881422 278833 99500 0 0 648688 722739 0 0 36137 167253 182124 1094774 1004363 -69808 -122941 320393 501546 0 82674 320393 418872 TO ADVANCE MUSCULOSKELETAL HEALTH THROUGH COMMUNITY SERVICE, ORTHOPEDIC RESEARCH, EDUCATION, AND TRAINING. 0 0 869641 99500 0 THE IMPROVEMENT OF MUSCULO-SKELETAL HEALTH THROUGH CLINICAL RESEARCH, EDUCATION, TRAINING, ADVOCACY AND COMMUNITY SERVICE. WE ARE AFFILIATED WITH INFINITE HEALTH COLLABORATIVE PA, THE REGION'S LARGEST NETWORK OF ORTHOPEDIC SURGEONS. WE SPONSOR BOTH CLINICAL AND BASIC SCIENCE RESEARCH INTO INNOVATIVE TREATMENTS FOR ORTHOPEDIC DISEASES. IN ADDITION TO TREATING ORTHOPEDIC CONDITIONS AFTER THEY OCCUR, WE ARE STUDYING WAYS TO DELAY THE ONSET AND PREVENT THE CONDITIONS FROM EVER OCCURRING. TO THIS END, WE ENCOURAGE HEALTHY, ACTIVE LIFESTYLES, PROMOTE COMMUNITY SAFETY INITIATIVES AND OUTREACH PROGRAMS TO PREVENT INJURIES BY MAKING PUBLIC SPACES AND RECREATIONAL AREAS SAFER. 869641 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 1 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 MN X JAY HEMPE 9523457704 3500 AMERICAN BLVD W SUITE 300 BLOOMINGTON MN 55431 X JAY HEMPE CFO 1.00 X 0 0 0 DR DAVID GESENSWAY PRESIDENT 5.00 X X 0 0 0 CHRIS BAILEY TREASURER 1.00 X X 0 0 0 REBECCA STONE MCGAVER SECRETARY 1.00 X X 0 0 0 DR KURT ANDERSON DIRECTOR 1.00 X 0 0 0 DR SCOTT ANSETH DIRECTOR 1.00 X 0 0 0 DR ADAM BAKKER DIRECTOR 1.00 X 0 0 0 DR RYAN HESS DIRECTOR 1.00 X 0 0 0 ROBERT LAPRADE DIRECTOR 1.00 X 0 0 0 DR NICHOLAS MEYER DIRECTOR 1.00 X 0 0 0 DR MARCUS MITTLESTEADT DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 881422 881422 881422 0 0 0 88450 88450 11050 11050 673351 572349 67335 33667 26417 22454 2642 1321 22971 19525 2297 1149 11592 11592 6710 6710 2327 2094 233 4908 4417 491 13680 12312 1368 16729 15056 1673 EDUCATION AND RESEARCH 80739 80739 MEALS 13013 11712 1301 MISSION TRIP 3000 3000 DUES, LICENSES AND MEMB 980 882 98 28446 25601 2845 1004363 869641 98585 36137 320132 307560 261 0 167274 26712 320393 501546 82674 0 82674 X 320393 355622 63250 320393 418872 320393 501546 X -122941 221420 X 0 0 0 X 401000 635273 971145 1024966 881422 3913806 401000 635273 971145 1024966 881422 3913806 1631933 2281873 3913806 0.58300 0.62860 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 INFINITE HEALTH COLLABORATIVE 1687 E DIVISON ST RIVER FALLS WI 54022 411861374 20000 0 N/A N/A GENERAL OPERATING NORTHSIDE BOXING CLUB 1704 N 33RD AVE MINNEAPOLIS MN 55412 465394739 501(C)(3) 10000 0 N/A N/A GENERAL OPERATING UNITED HEROES LEAGUE 15211 RAVENNA TRAIL HASTINGS MN 55033 270711063 501(C)(3) 15000 0 N/A N/A GENERAL OPERATING FRIENDS OF KAFIKA HOUSE 3639 DIVISADERO STREET SAN FRANCISCO CA 94123 851816030 501(C)(3) 20000 0 N/A N/A GENERAL OPERATING IMPACT APPLICATIONS 2140 NORCOR AVE SUITE 115 CORALVILLE IA 52241 010690886 10500 0 N/A N/A GENERAL OPERATING 4 2 DONATION/BENEFIT 29 1850 0 N/A N/A RESEARCH 1 9200 0 N/A N/A PART I, LINE 2: TWIN CITIES ORTHOPEDICS FOUNDATION DOES NOT FORMALLY MONITOR THE USE OF GRANT FUNDS. THE SCHOLARSHIP FUNDS ARE AWARDED TO HIGH SCHOOL STUDENTS THAT GO THROUGH THE TWIN CITIES ORTHOPEDIC FOUNDATION MEDICAL MENTORSHIP PROGRAM. THE STUDENTS APPLY FOR THE MENTORSHIP PROGRAM IN THE SPRING OR SUMMER AND THE PROGRAM RUNS FROM APPROXIMATELY AUGUST THROUGH MAY. THE STUDENTS GAIN EXPOSURE TO ALL THE VARIOUS MEDICAL CAREER OPTIONS AVAILABLE AND MEET WITH VARIOUS LEADERS ACROSS THE INFINITE HEALTH COLLABORATIVE AND REVO HEALTH ORGANZIATIONS. AT THE END OF THE ONE YEAR PROGRAM THE STUDENTS ARE EACH AWARDED WITH A SCHOLARSHIP TO BE USED FOR SECONDARY EDUCATION EXPENSES. FORM 990, PART VI, SECTION A, LINE 3 UNDER A MANAGEMENT AGREEMENT, REVO HEALTH PROVIDES PAYROLL & ACCOUNTING SERVICES TO TWIN CITIES ORTHOPEDICS FOUNDATION. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES THAT HAVE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED AND APPROVED BY THE CFO AND THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY, HAS AGREED TO COMPLY WITH THE POLICY AND UNDERSTANDS THE ORGANIZATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. THE INTERESTED PERSON MAY MAKE A PRESENTATION AT THE GOVERNING BOARD OR COMMITTEE MEETING, BUT SHOULD NOT BE PART OF THE MEETING DURING THE DISCUSSION OF AND THE VOTE ON THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. THE CHAIRPERSON OF THE GOVERNING BOARD OR COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER EXERCISING DUE DILIGENCE, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE WHETHER THE ORGANIZATION CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ORGANIZATION'S BEST INTEREST, FOR ITS OWN BENEFIT AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION IT SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. IF THE GOVERNING BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE MEMBER'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE GOVERNING BOARD OR COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CASH TO ACCRUAL ADJUSTMENT 221,420.