2026-03-02T09:41:09-06:00 2025-06-30 411656121 SCHLENNER WENNER & CO CPA'S PA 630 ROOSEVELT RD STE 201 ST CLOUD MN 56301 990 2024-07-01 411223547 FUNCTIONAL INDUSTRIES INC FUNC 7636824336 PO BOX 336 BUFFALO MN 55313 LISA M ZWART PRESIDENT AND CEO 7632335165 2026-02-25 1 1 SHELLEY M GAETZ P00066049 3202510286 2026-02-25 2024 2025-03-06 01:10:19Z LISA M ZWART PO BOX 336 BUFFALO MN 55313 6300331 0 X WWW.FUNCTIONALINDUSTRIES.ORG X 1973 MN TO CREATE AND PROMOTE INNOVATIVE OPPORTUNITIES THAT REVEAL THE NATURAL POTENTIAL OF EACH PERSON WE SERVE. 10 10 218 9 0 0 948762 964206 4337453 4841150 331507 494975 0 0 5617722 6300331 0 0 0 0 3660831 4033244 0 0 0 1461914 1443172 5122745 5476416 494977 823915 12770199 13626924 348718 383486 12421481 13243438 TO CREATE AND PROMOTE INNOVATIVE OPPORTUNITIES THAT REVEAL THE NATURAL POTENTIAL OF EACH PERSON WE SERVE. 0 0 4719368 4841150 FUNCTIONAL INDUSTRIES HAD THE OPPORTUNITY TO ADD A PEER SUPPORT SPECIALIST THROUGH THE COMMUNITY ADULT MENTAL HEALTH INITIATIVE. THIS PROJECT FUNDS PROVIDERS SERVING INDIVIDUALS LIVING WITH A SEVERE AND PERSISTENT MENTAL ILLNESS WHO RESIDE IN BENTON, SHERBURNE, STEARNS AND WRIGHT COUNTIES. THE PEER SUPPORT SPECIALIST IS A TRAINED INDIVIDUALS WITH LIVED EXPERIENCE IN MENTAL HEALTH WHO PROVIDES SUPPORT, GUIDANCE AND ADVOCACY TO OTHERS FACING SIMILAR CHALLENGES. WITH GRANT FUNDS FROM THE COMMUNITY ADULT MENTAL HEALTH INITIATIVE (CAMHI) WE HAVE BEEN ABLE TO HAVE AN ONSITE PEER SUPPORT SPECIALIST SERVE INDIVIDUALS IN NEED. THROUGHOUT THE PAST YEAR, FUNCTIONAL INDUSTRIES CONTINUES TO HAVE A LONG WAITLIST OF INDIVIDUALS WHO ARE WANTING DAY SUPPORT SERVICES AND PREVOCATIONAL SERVICES. SINCE JANUARY 2025, THERE HAVE BEEN A TOTAL OF 10 NEW INDIVIDUALS BROUGHT INTO SERVICES OFF OF THE WAITLIST. THIS SHOWS THAT THERE IS A STAFF INCREASE TO SUPPORT THESE INDIVIDUALS AND CONTINUED GROWTH IN THE DREAM ENRICHMENT AND WORK TRAINING PROGRAMS AT FUNCTIONAL INDUSTRIES. IN OCTOBER 2025, FUNCTIONAL INDUSTRIES MADE THE DECISION TO INCREASE ALL HOURLY EMPLOYEES WAGES ONE DOLLAR. THIS ALSO PROVIDED AN OPPORTUNITY TO INCREASE STARTING WAGES FOR HOURLY POSITIONS, INCLUDING OUR DIRECT SUPPORT PROFESSIONALS. THE INCREASE DEMONSTRATED POSITIVE SUPPORT TOWARDS INDIVIDUALS CURRENTLY WORKING AT FUNCTIONAL INDUSTRIES IN HOPES OF RETENTION. WITH AN OPPORTUNITY TO INCREASE THE STARTING WAGE, THE GOAL IS TO APPEAL TO MORE PEOPLE IN THE COMMUNITY TO APPLY FOR OPEN POSITIONS, WHICH IN TURN THEN WE CAN BRING BACK MORE INDIVIDUALS OFF THE WAITLIST. 4719368 1 1 0 0 0 0 0 0 0 0 1 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 8 0 1 218 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MN X STEPHANIE FEEKES 7632335164 1803 HWY 25 N BUFFALO MN 55313 LISA ZWART PRESIDENT AND CEO 40.00 X 325635 0 42743 STEPHANIE FEEKES CHIEF FINANCIAL OFFICER 40.00 X 132713 0 38786 AMBER OSTER VICE PRESIDENT OF WORKFORC 40.00 X 121671 0 33568 ASHLEY NORDLIE VICE PRESIDENT OF PROGRAMS AND SERVICES 40.00 X 110664 0 17858 ROB STARK CHAIR 1.00 X X 0 0 0 MICHAEL FOELL VICE CHAIR 0.50 X X 0 0 0 SHAUN CORBIN TREASURER 0.12 X X 0 0 0 CHERRYL GILMER SECRETARY 0.12 X X 0 0 0 BRUCE ANDERSON DIRECTOR 0.25 X 0 0 0 STEPHANIE CAPPELLERI DIRECTOR 0.25 X 0 0 0 VINCENT LUNDEEN DIRECTOR 0.25 X 0 0 0 TRISH TAYLOR DIRECTOR 0.25 X 0 0 0 DENIESE KOCH DIRECTOR 0.12 X 0 0 0 CHELSIE SCHMID DIRECTOR 0.12 X 0 0 0 690683 0 132955 4 0 1 0 0 923946 40260 1958 964206 MEDICAL ASSISTANCE SUP 561300 3605350 3605350 CONTRACT INCOME 561300 849200 849200 MINNESOTA DES-VR SERVI 561300 340244 340244 OTHER PROGRAM REVENUE 561300 46356 46356 4841150 494975 494975 6300331 4841150 0 494975 465466 378203 87263 2976266 2592028 384238 62185 4506 57679 247650 155057 92593 281677 249160 32517 28545 28545 133077 115135 17942 86610 77395 9215 147637 132941 14696 PARTICIPANT TRANSPORTAT 849565 844777 4788 SUPPLIES & PROGRAM EXPE 189361 164324 25037 MISCELLANEOUS 8377 5842 2535 5476416 4719368 757048 0 73461 132 3158535 3283535 616119 682550 40549 45185 4882981 2437379 2541073 2445602 6340462 7169920 12770199 13626924 348718 383486 348718 383486 X 12421481 13243438 12421481 13243438 12770199 13626924 823915 -1958 0 X 0 1 X 1 0 X 1844884 1275353 905742 948762 964206 5938947 1844884 1275353 905742 948762 964206 5938947 5938947 97156 18442 38977 272007 494975 921557 6860504 19865721 0.86570 0.91500 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 35471 35471 4069893 1728512 2341381 777617 708867 68750 2445602 INVESTMENTS 7169920 F 7169920 X 6300331 0 6300331 0 6300331 5478374 1958 1958 5476416 0 5476416 PART X, LINE 2: THE ORGANIZATION FOLLOWS FASB ASC TOPIC 740, UNCERTAINTY IN INCOME TAXES. THE ORGANIZATION IS RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS A NOT-FOR-PROFIT ORGANIZATION UNDER IRS CODE SECTION 501(C)(3). DUE TO THE NOT-FOR PROFIT NATURE AND PROVISION OF THE ORGANIZATION, ALL INCOME AND EXPENSES ATTRIBUTABLE TO THE MISSION OF THE ORGANIZATION ARE TAX EXEMPT AND ACCORDINGLY NO PROVISION OR LIABILITY FOR INCOME TAXES HAVE BEEN MADE IN THE FINANCIAL STATEMENTS AND CONTRIBUTIONS TO THE ORGANIZATION ARE TAX DEDUCTIBLE TO DONORS AS ALLOWED BY IRS REGULATIONS. HOWEVER, THE ORGANIZATION IS REQUIRED TO PAY STATE AND FEDERAL INCOME TAXES ON UNRELATED BUSINESS INCOME. IF THE ORGANIZATION WERE TO ENGAGE IN ANY ACTIVITIES THAT RESULTED IN UNRELATED BUSINESS INCOME, A TAX WOULD BE ASSESSED ON THAT ACTIVITY. THE ORGANIZATION IS OPEN AND SUBJECT TO EXAMINATION GENERALLY FOR THREE YEARS AFTER THE FILING DATE. X 1 1 X X 0 0 0 0 0 0 0 0 0 LISA ZWART PRESIDENT AND CEO 223537 0 17971 0 84127 0 0 0 42743 0 368378 0 0 0 STEPHANIE FEEKES CHIEF FINANCIAL OFFICER 125868 0 6845 0 0 0 0 0 38786 0 171499 0 0 0 AMBER OSTER VICE PRESIDENT OF WORKFORC 116473 0 5198 0 0 0 0 0 33568 0 155239 0 0 0 ASHLEY NORDLIE VICE PRESIDENT OF PROGRAMS AND SERVI 103077 0 7587 0 0 0 0 0 17858 0 128522 0 0 0 ROB STARK BOARD MEMBER, CHAIR 329458 PURCHASED CERTIFICATE OF DEPOSIT 0 CHELSIE SCHMID BOARD MEMBER 400 PURCHASED PRODUCTS/SERVICES 0 FORM 990, PART VI, SECTION B, LINE 11B A FINALIZED COPY OF THE FORM 990 IS PRESENTED TO THE ORGANIZATION'S PRESIDENT, CEO AND CFO FOR REVIEW. ONCE REVIEWED, THE PRESIDENT, CEO AND CFO DISCUSS ANY CHANGES THAT ARE NECESSARY. THE CFO COMPLETES ANY NECESSARY CHANGES AND THEN FORWARDS TO FII'S CORPORATE COMPLIANCE OFFICER FOR FINAL REVIEW. ONCE THE FINAL EDIT HAS BEEN APPROVED BY FII'S PRESIDENT, CEO, CFO AND THE CORPORATE COMPLIANCE OFFICER, THE FORM 990 IS SUBMITTED TO LEADERSHIP TO OBTAIN AUTHORIZED SIGNATURES. COPIES OF THE FORM 990 ARE FILED IN THE CFO'S ANNUAL AUDIT FILE AND WITH CORPORATE COMPLIANCE. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS MONITORED ANNUALLY TO ENSURE COMPLIANCE. FORM 990, PART VI, SECTION B, LINE 15 THE GOVERNANCE CONDUCTS AN ANNUAL, FORMAL, WRITTEN REVIEW OF THE EXECUTIVE LEADERSHIP'S PERFORMANCE IN RELATION TO OVERALL CORPORATE PERFORMANCE VERSUS TARGET, INDIVIDUAL PERFORMANCE VERSUS TARGET, AND PROFESSIONAL DEVELOPMENT, ACCOMPLISHMENTS AND OPPORTUNITIES. A BOARD ENDORSED COMPENSATION PHILOSOPHY HAS PROVIDED A BROAD-BASED FOUNDATION FOR THE DESIGN AND IMPLEMENTATION OF AN EFFECTIVE COMPENSATION AND PERFORMANCE MANAGEMENT PLAN FOR EXECUTIVE LEADERSHIP. THE EXECUTIVE COMPENSATION AND MANAGEMENT PLAN IS BROAD ENOUGH TO PROVIDE AN ENDURING FOUNDATION, YET SPECIFIC ENOUGH TO ALLOW THE BOARD TO MAKE ANNUAL COMPENSATION DECISIONS BASED ON AN INFORMED AND REASONABLE BASIS. FUNCTIONAL INDUSTRIES UTILIZES THE SERVICES OF OUTSIDE CONSULTANTS TO DEVELOP/MAINTAIN AN EXECUTIVE COMPENSATION PLAN THAT WILL ATTRACT AND RETAIN LEADERSHIP TALENT, RESPOND TO MARKET TRENDS, REFLECT THE VALUE OF THE FUNCTIONAL DEMANDS OF EXECUTIVE WORK AND REWARD PERFORMANCE RESULTS. FORM 990, PART VI, SECTION C, LINE 19 COPIES OF THE ORGANIZATION'S GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND POLICIES ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.