2026-01-08T07:37:41-07:00 2025-09-30 861872153 Studio501 Inc 210 Rustic Lodge W Minneapolis MN 55419 990 2024-10-01 416038549 NORTHEAST KIWANIS FOUNDATION OF MINNEAPOLIS MINNESOTA NORT 4148397514 4616 Colfax Avenue S Minneapolis MN 554195314 Marion Sodnik Secretary-Treasurer 4148397514 2028-01-05 1 1 Mary Cleary P02536450 6122293887 2025-12-24 2024 2025-03-06 01:10:19Z Marion Sodnik 4616 Colfax Avenue S Minneapolis MN 554195314 296090 0 X https://K03772.SITE.KIWANIS.ORG X 1958 MN The Foundation is a supporting organization for the charitable activities of the Kiwanis Club of Northeast Minneapolis. 7 7 0 12 0 0 3023 1090 0 0 61352 88184 0 64375 89274 20000 7000 0 0 0 0 0 0 0 19373 9855 39373 16855 25002 72419 517760 545396 0 232 517760 545164 The Foundation is a supporting organization for the charitable activities of the Kiwanis Club of Northeast Minneapolis. 0 0 7273 7000 0 The Scholarship Committee of the Foundation meets annually to solicit applications for $10,000 in scholarships to be awarded to students at high schools in the Northeast Minneapolis area. These scholarships are awarded based on scholastic achievement, financial need and demonstrated achievement in charitable activities. The successful applicants are required to introduce themselves to the Kiwanis Club at a regular meeting to present their plans and aspirations for the future. Total scholarships disbursed during the current fiscal year was $7,000. 0 0 0 7273 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 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 MN X Marion Sodnik 4148397514 4616 Colfax Avenue S Minneapolis MN 554195314 David Burrill President 10 0 X X 0 0 0 Marion Sodnik Secretary-Treasurer 16 0 X X 0 0 0 Jeff Stitt President Elect 10 0 X X 0 0 0 Al Swenson Board Member 8 0 X 0 0 0 Bill Fredrick Board Member 8 0 X 0 0 0 Richard Webb Board Member 8 0 X 0 0 0 James Higgins Board Member 8 0 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1090 0 1090 0 11989 11989 0 0 0 0 0 0 0 0 0 0 0 0 283011 0 206816 0 76195 0 76195 76195 0 0 0 0 89274 88184 0 0 7000 7000 1135 1135 4345 4345 4375 273 4102 16855 7273 9582 0 2919 6189 514841 539207 517760 545396 232 0 232 X 0 0 0 0 517760 545164 517760 545164 517760 545396 72419 -45015 0 0 0 0 X 0 0 0 X X 1 Kiwanis Club of Northeast Minneapolis 921482385 10 1 0 0 1 0 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 Schedule A, Part I, Line 2 The club does not have its own determination letter; but is covered by the group ruling (number 026) held by Kiwanis International, Inc. EIN 36-1327510. Schedule A, Part I, Line 3 Line 3b:The Foundation's supported 501(c)4 organization is covered by a group ruling and that was confirmed by the group ruling holder. The Foundation's legal counsel reviewed the supported organization's sources of revenue and determined that the supported organization meets the 509(a)2 test. Line 3c: The supported organization keeps qualifying expenditures segregated. The account presentation ensures social and charitable expenditures are separately stated and easily identified. The qualifying expenses are associated with the children's programming including Salvation Army, holiday parties for disadvantaged children, meal programs, etc. Also, members of the board are also members of the supported organization and can assist with supervising the uses of any granted funds; also they have asked their legal counsel to put together a memo explaining how the supported organization can and cannot use the funds. Schedule A, Part IV, Section A, Line 3b The Foundation's supported 501c4 organization is covered by a group ruling and that was confirmed by the group ruling holder. The Foundation's legal counsel reviewed the supported organization's source of revenue and determined that the supported organization meets the 509(a)(2) test. Schedule A, Part IV, Section A, Line 3c The supporting organization keeps qualifying expenditures segregated. The account presentation ensures social and charitable expenditures are separately stated and easily identified. The qualifying expenses are associated with the children's programming including Salvation Army, holiday parties for disadvantaged children, meal programs, etc. Also, members of the board are also members of the supported organization and can assist with supervising the uses of any granted funds. Also, they have asked their legal counsel to put together a memo explaining how the supported organization can and cannot use the funds. 1 Educational Scholarships 5 7000 0 Schedule I, Part I, Line 2 Scholarship recipients are required to give a presentation to the organization describing their school plans and career aspirations. The organization does not disburse the scholarship until this happens. Scholarships are then disbursed directly to the educational institution to ensure proper use of the funds for the recipient's education. Form 990, Part VI, Section A, Line 8b The Foundation has no board committees with authority to act on behalf of the Foundation's Board of Directors. Form 990, Part VI, Section B, Line 11b THE 990 IS PRESENTED TO THE BOARD FOR REVIEW AND A MOTION IS MADE TO ACCEPT IT PRIOR TO FILING. Form 990, Part VI, Section B, Line 12c In connection with any actual or possible conflict of interest, an interested person must disclose the existence and nature of the financial interest and be given the opportunity to disclose all material facts to the Foundation Board. Form 990, Part VI, Section C, Line 19 The Foundation's Articles of Incorporation, Bylaws, Financial Statements and budget are available upon request. Kiwanis Club of Northeast Minneapolis 4616 Colfax Avenue South Minneapolis MN 554195314 921482385 Youth and Community Services MN 501(c)(4) N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0