Civic Intelligence

Northspan Group Inc

990 • Fiscal year 2018 • EIN 36-3386158

Jan 01, 2018 to Dec 31, 2018 • Filed on Aug 22, 2019

202 W Superior StDuluth, MN 55802

(218) 481-7737

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

$312,395

No earlier filing loaded for comparison.

Net Assets

$305,436

No earlier filing loaded for comparison.

Liabilities

$6,959

No earlier filing loaded for comparison.

Revenue And Expenses

Revenue

$704,189

No earlier filing loaded for comparison.

Expenses

$726,769

No earlier filing loaded for comparison.

Net Income

-$22,580

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2018: $312,395Liabilities 2018: $6,959Net Assets 2018: $305,4362018Assets 2018: $320,482Liabilities 2018: $58,273Net Assets 2018: $262,2092018Assets 2019: $360,450Liabilities 2019: $34,018Net Assets 2019: $326,4322019Assets 2020: $450,721Liabilities 2020: $81,364Net Assets 2020: $369,3572020Assets 2021: $484,560Liabilities 2021: $108,414Net Assets 2021: $376,1462021Assets 2022: $418,334Liabilities 2022: $276,287Net Assets 2022: $142,0472022Assets 2023: $491,335Liabilities 2023: $421,876Net Assets 2023: $69,4592023Assets 2024: $382,162Liabilities 2024: $255,867Net Assets 2024: $126,2952024

Highlighted filing

2018

Assets$312,395
Liabilities$6,959
Net Assets$305,436

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.0M$0-$1.0MRevenue 2018: $704,189Expenses 2018: $726,769Net Income 2018: -$22,5802018Revenue 2018: $704,189Expenses 2018: $726,559Net Income 2018: -$22,3702018Revenue 2019: $950,897Expenses 2019: $883,852Net Income 2019: $67,0452019Revenue 2020: $828,124Expenses 2020: $785,199Net Income 2020: $42,9252020Revenue 2021: $824,081Expenses 2021: $817,292Net Income 2021: $6,7892021Revenue 2022: $837,383Expenses 2022: $1,071,482Net Income 2022: -$234,0992022Revenue 2023: $1,384,887Expenses 2023: $1,457,475Net Income 2023: -$72,5882023Revenue 2024: $1,847,657Expenses 2024: $1,790,624Net Income 2024: $57,0332024

Highlighted filing

2018

Revenue$704,189
Expenses$726,769
Net Income-$22,580
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Aug 22, 2019
Return Version
2018v3.1
Gross Receipts
$704,189
Mission and Program Overview

Mission

See statement on schedule o

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$253,282$305,436▲ $52,154
Accounts Receivable$138,402$144,318▲ $5,916
Savings and Temporary Cash Investments$190,991$114,895▼ $76,096
Cash and Non-Interest-Bearing Accounts$65,267$49,494▼ $15,773
Land, Buildings, and Equipment, Net-$3,688-
Total Assets$394,660$312,395▼ $82,265
Liabilities
Deferred Revenue$25,000--
Accounts Payable and Accrued Expenses$116,378$7,019▼ $109,359
Other Liabilities-$-60-
Total Liabilities$141,378$6,959▼ $134,419
Net Assets / Fund Balance
Total Net Assets Fund Balance$253,282$305,436▲ $52,154
Total Liabilities and Net Assets / Fund Balance$394,660$312,395▼ $82,265

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,688$929-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Randy LaskyFormer President-CEOFT$90,712$90,712
Elissa HansenPresident and CEOFT$47,691$47,691

Board Members and Trustees

NameTitle
Jeff BorlingChair
Mike LarsonVice Chair
Andy HubleyDirector
Anna TanskyDirector
Arik ForsmanDirector
Dick BrennerDirector
Frank JewellDirector
Janelle GreschnerDirector
Steve BurggraffDirector
Tony SertichDirector
Wade PavleckDirector
Bill MakiSecretary
Jennifer PontinenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$703,134
Investment Income
$1,055
Other Revenue
$0
Change in Net Assets
$-22,580
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$431,665
Other Expenses$295,104
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees-$175,335-$175,335
Other Salaries and Wages$170,714--$170,714
Fees for Services Other$99,946--$99,946
Other Employee Benefits-$57,872-$57,872
Fees for Services Legal-$51,672-$51,672
All Other Expenses$33,056$5,995-$39,051
Payroll Taxes$13,244$14,500-$27,744
Occupancy-$22,922-$22,922
Other Expenses$17,999$1,349-$19,348
Travel$5,331$6,040-$11,371
Advertising$6,761$4,296-$11,057
Insurance-$7,125-$7,125
Conferences and Meetings$5,443$1,443-$6,886
Information Technology-$6,351-$6,351
Office Expenses-$5,211-$5,211
Depreciation Depletion$719$210-$929
Total Functional Expenses$358,083$368,686$0$726,769
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Vacation$10,360
Wells Fargo Credit Card$80
Accrued Fsa$-500
Fiscal Agent Deposits$-10,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

Form 990 information is reviewed by the board chair and executive committee in detail. Form 990 is available for review and subsequent discussion with all board members.

Conflict of interest policy compliance Part VI line 12C

Northspan group requires directors and key personnel to disclose any conflicts of interest to the board before any resolution is voted on by the board of directors consistent with the policy requirements.

CEO executive director top management comp Part VI line 15A

Compensation for president/ceo is determined by the committee of officers of the corporation as authorized by the board of directors

Governing documents etc available to public Part VI line 19

Northspan group makes its governing documents, conflict of interest policies and financial statements available to the public upon written request.

Filing and Contact Details

Filer

Filer Name
Northspan Group Inc
EIN
36-3386158
Address
202 W SUPERIOR ST, DULUTH, MN 55802

Signing Officer

Name
Elissa Hansen
Title
President-CEO
Phone
2184817737
Signed
2019-08-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Elissa Hansen
Formed
1985
Legal Domicile
Mn
Voting Board Members
12
Independent Board Members
12
Employees
7
Volunteers
12

Preparer

Firm
Serenity Tax & Bookkeeping Svcs LLC
Address
215 N Central Ave Suite 9, DULUTH, MN 55807
Preparer
Deni Lorenzi
Phone
2184641510
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

Due to a new accounting system, a thorough audit was conducted in regard to our accounts receivable contracts. We found that many items billed had been over contract and therefore not collectible. They had to be written off. We found other descrepancies that were incorrect. All corrections were shared with the board of directors and new financial statements were presented to the board for approval.

List of other fees for services expenses Part IX line 11G

Consultants and contractualemily a alworth $20,475fredrika r mcmanus $22,800josie a strom $6,880kayla j dietzmann $16,933kristina m leatherman $35,329lasky consulting $11,730total $114,147

Part III response or note to any other line in Part III

Part iii line 1 - briefly describe the organizations mission:our vision is to engage and elevate those we serve. Our mission is to improve the economic well-being of our clients by delivering workable, creative solutions that enhance their effectiveness. Northspan is a critical resource for businesses, organizations, and communities that need solid and dependable research services, professional technical support, and financial assistance to advance their projects. Part iii line 4a - statement of program accomplishmentsnorthspan is a recognized leader in community development, and works to identify, develop, and fund projects that strengthen community tax bases, attract and retain businesses, and enhance the quality of life for those who live and work there. We build long-term relationships to provide strategic support and gap capacity for communities and regional partnerships. We work with communities to coordinate and facilitate critical conversations and use these as a foundation to devise strategies for diversification, change, and sustainable growth. Our service to communities always strives to ask the key questions that escape business-as-usual thinking and chart new paths forward. Northspan critically examines, researches, and analyzes opportunities and challenges and concludes it efforts with policy recommendations and processes to see recommended changes through to fruition. Northspan powers four programs that work to foster economic development an the growth of the human capital in their respective areas. Northspan programs are built in partnership, cultivate connections between communities and businesses, and aim toward holistic economic development strategies. The programs include northland connection, northforce, the minnesota opportunity collaborative, and the upper minnesota film office. Northland connection is a regional program providing economic development data and analysis to recruit, expand, and retain businesses across northeast minnesota and northwest wisconsin. This work is done in collaboration with our private and public funding partners, commercial real estate, education, government, and regional and statewide economic development organizations.northforce is a regional program providing community-based talent retainment and attraction by connecting career-minded individuals with professional advancement opportunities and supporting our regional employers current and future workforce in northeast minnesota and northwest wisconsin. The minnesota opportunity collaborative is a statewide partnership that seeks to inspire investment in designated opportunity zones. It brings together developers, investors, and community development entities to host a statewide project and zite directory, hold educational events, and share best practices on a regular basis.umfo promotes northeast minnesota as a location for contract filming of movies, documentaries, commercials, and related video media productions. It is the single point of contact for coordinated professional responses to prospect needs and expectations.

General explanation attachment

Part i line i - briefly describe the organizationss mission or most significant activities:northspan specializes in creative thinking, enterprising strategies, and systematic approaches to help businesses, communities, regions, and organizations prosper in a global economy. Our professional staff work cooperatively with economic development and community development partners throughout the region to leverage resources for measurable, sustainable results. As a private, nonprofit consulting firm, we work quietly and confidentially to move projects forward on time and on budget by providing critical gap capacity support that exceeds client expectations.

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IRS990/ProgSrvcAccomActy2Grp/Desc0BUSINESS - NAICS CODE 523930NORTHSPANS BUSINESS DEVELOPMENT SERVICES NEST WITHIN A NETWORK OF PUBLIC AND PRIVATE PARTNERS TO PROVIDE CRITICAL GAP SERVICES, AND WE WORK WITH COMPANIES OF ALL SIZES TO GROW THE ECONOMY IN THE COMMUNITIES WE SERVE. WE STRUCTURE AND FACILITATE FINANCING FOR PROJECTS AND PROVIDE EXPERTISE IN PACKAGING LOAN AND GRANT APPLICATIONS. WE PARTNER WITH COMMUNITIES AND FINANCIAL INSTITUTIONS TO PROVIDE LOAN PROGRAM SUPPORT SERVICES, AND WE ALSO PARTNER WITH COMMUNITY BANKS TO PROVIDE SMALL BUSINESS ADMINISTRATION (SBA)7A LOAN GUARANTY PROGRAM SERVICES. NORTHSPAN ALSO PROVIDES ACCREDITED BUSINESS VALUATION AND SUCCESSION PLANNING SERVICE TO ASSIST BUSINESSES THROUGH ALL STAGES TO GROWTH AND TRANSITION.
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IRS990/ProgSrvcAccomActy3Grp/Desc0ORGANIZATIONAL - NAICS CODE 541610NORTHSPAN IMPROVES THE HEALTH AND VITALITY OF BOARDS, COUNCILS, COMMITTEES, GROUPS, AND COLLABORATIONS THROUGH ORGANIZATIONAL DEVELOPMENT AND BUILDS CAPACITY, IMPROVES DECISION-MAKING, AND ENHANCES EFFECTIVENESS. WE COORDINATE AND FACILTATE STRATEGIC PLANNING PROCESSES AND PROVIDE TECHNICAL ASSISTANCE FOR CHANGE, GROWTH MANAGEMENT, AND DEVELOPMENT. THESE SERVICES CAN RANGE FROM GENERAL MEETING MANAGEMENT AND PLANNING SERVICES TO THE FACILITATION OF MULTI-YEAR ECONOMIC ADJUSTMENT, CRISIS RESPONSE, AND READINESS PLANNING INITIATIVES. WE ALSO CONDUCT PROJECT-SPECIFIC FESIBILITY STUDIES AND ECONOMIC IMPACT ANALYSES THAT HELP ORGANIZATIONS PLAN FOR GROWTH AND CHANGE.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 INFORMATION IS REVIEWED BY THE BOARD CHAIR AND EXECUTIVE COMMITTEE IN DETAIL. FORM 990 IS AVAILABLE FOR REVIEW AND SUBSEQUENT DISCUSSION WITH ALL BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NORTHSPAN GROUP REQUIRES DIRECTORS AND KEY PERSONNEL TO DISCLOSE ANY CONFLICTS OF INTEREST TO THE BOARD BEFORE ANY RESOLUTION IS VOTED ON BY THE BOARD OF DIRECTORS CONSISTENT WITH THE POLICY REQUIREMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPENSATION FOR PRESIDENT/CEO IS DETERMINED BY THE COMMITTEE OF OFFICERS OF THE CORPORATION AS AUTHORIZED BY THE BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NORTHSPAN GROUP MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DUE TO A NEW ACCOUNTING SYSTEM, A THOROUGH AUDIT WAS CONDUCTED IN REGARD TO OUR ACCOUNTS RECEIVABLE CONTRACTS. WE FOUND THAT MANY ITEMS BILLED HAD BEEN OVER CONTRACT AND THEREFORE NOT COLLECTIBLE. THEY HAD TO BE WRITTEN OFF. WE FOUND OTHER DESCREPANCIES THAT WERE INCORRECT. ALL CORRECTIONS WERE SHARED WITH THE BOARD OF DIRECTORS AND NEW FINANCIAL STATEMENTS WERE PRESENTED TO THE BOARD FOR APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CONSULTANTS AND CONTRACTUALEMILY A ALWORTH $20,475FREDRIKA R MCMANUS $22,800JOSIE A STROM $6,880KAYLA J DIETZMANN $16,933KRISTINA M LEATHERMAN $35,329LASKY CONSULTING $11,730TOTAL $114,147
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PART III LINE 1 - BRIEFLY DESCRIBE THE ORGANIZATIONS MISSION:OUR VISION IS TO ENGAGE AND ELEVATE THOSE WE SERVE. OUR MISSION IS TO IMPROVE THE ECONOMIC WELL-BEING OF OUR CLIENTS BY DELIVERING WORKABLE, CREATIVE SOLUTIONS THAT ENHANCE THEIR EFFECTIVENESS. NORTHSPAN IS A CRITICAL RESOURCE FOR BUSINESSES, ORGANIZATIONS, AND COMMUNITIES THAT NEED SOLID AND DEPENDABLE RESEARCH SERVICES, PROFESSIONAL TECHNICAL SUPPORT, AND FINANCIAL ASSISTANCE TO ADVANCE THEIR PROJECTS. PART III LINE 4A - STATEMENT OF PROGRAM ACCOMPLISHMENTSNORTHSPAN IS A RECOGNIZED LEADER IN COMMUNITY DEVELOPMENT, AND WORKS TO IDENTIFY, DEVELOP, AND FUND PROJECTS THAT STRENGTHEN COMMUNITY TAX BASES, ATTRACT AND RETAIN BUSINESSES, AND ENHANCE THE QUALITY OF LIFE FOR THOSE WHO LIVE AND WORK THERE. WE BUILD LONG-TERM RELATIONSHIPS TO PROVIDE STRATEGIC SUPPORT AND GAP CAPACITY FOR COMMUNITIES AND REGIONAL PARTNERSHIPS. WE WORK WITH COMMUNITIES TO COORDINATE AND FACILITATE CRITICAL CONVERSATIONS AND USE THESE AS A FOUNDATION TO DEVISE STRATEGIES FOR DIVERSIFICATION, CHANGE, AND SUSTAINABLE GROWTH. OUR SERVICE TO COMMUNITIES ALWAYS STRIVES TO ASK THE KEY QUESTIONS THAT ESCAPE BUSINESS-AS-USUAL THINKING AND CHART NEW PATHS FORWARD. NORTHSPAN CRITICALLY EXAMINES, RESEARCHES, AND ANALYZES OPPORTUNITIES AND CHALLENGES AND CONCLUDES IT EFFORTS WITH POLICY RECOMMENDATIONS AND PROCESSES TO SEE RECOMMENDED CHANGES THROUGH TO FRUITION. NORTHSPAN POWERS FOUR PROGRAMS THAT WORK TO FOSTER ECONOMIC DEVELOPMENT AN THE GROWTH OF THE HUMAN CAPITAL IN THEIR RESPECTIVE AREAS. NORTHSPAN PROGRAMS ARE BUILT IN PARTNERSHIP, CULTIVATE CONNECTIONS BETWEEN COMMUNITIES AND BUSINESSES, AND AIM TOWARD HOLISTIC ECONOMIC DEVELOPMENT STRATEGIES. THE PROGRAMS INCLUDE NORTHLAND CONNECTION, NORTHFORCE, THE MINNESOTA OPPORTUNITY COLLABORATIVE, AND THE UPPER MINNESOTA FILM OFFICE. NORTHLAND CONNECTION IS A REGIONAL PROGRAM PROVIDING ECONOMIC DEVELOPMENT DATA AND ANALYSIS TO RECRUIT, EXPAND, AND RETAIN BUSINESSES ACROSS NORTHEAST MINNESOTA AND NORTHWEST WISCONSIN. THIS WORK IS DONE IN COLLABORATION WITH OUR PRIVATE AND PUBLIC FUNDING PARTNERS, COMMERCIAL REAL ESTATE, EDUCATION, GOVERNMENT, AND REGIONAL AND STATEWIDE ECONOMIC DEVELOPMENT ORGANIZATIONS.NORTHFORCE IS A REGIONAL PROGRAM PROVIDING COMMUNITY-BASED TALENT RETAINMENT AND ATTRACTION BY CONNECTING CAREER-MINDED INDIVIDUALS WITH PROFESSIONAL ADVANCEMENT OPPORTUNITIES AND SUPPORTING OUR REGIONAL EMPLOYERS CURRENT AND FUTURE WORKFORCE IN NORTHEAST MINNESOTA AND NORTHWEST WISCONSIN. THE MINNESOTA OPPORTUNITY COLLABORATIVE IS A STATEWIDE PARTNERSHIP THAT SEEKS TO INSPIRE INVESTMENT IN DESIGNATED OPPORTUNITY ZONES. IT BRINGS TOGETHER DEVELOPERS, INVESTORS, AND COMMUNITY DEVELOPMENT ENTITIES TO HOST A STATEWIDE PROJECT AND ZITE DIRECTORY, HOLD EDUCATIONAL EVENTS, AND SHARE BEST PRACTICES ON A REGULAR BASIS.UMFO PROMOTES NORTHEAST MINNESOTA AS A LOCATION FOR CONTRACT FILMING OF MOVIES, DOCUMENTARIES, COMMERCIALS, AND RELATED VIDEO MEDIA PRODUCTIONS. IT IS THE SINGLE POINT OF CONTACT FOR COORDINATED PROFESSIONAL RESPONSES TO PROSPECT NEEDS AND EXPECTATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7PART I LINE I - BRIEFLY DESCRIBE THE ORGANIZATIONSS MISSION OR MOST SIGNIFICANT ACTIVITIES:NORTHSPAN SPECIALIZES IN CREATIVE THINKING, ENTERPRISING STRATEGIES, AND SYSTEMATIC APPROACHES TO HELP BUSINESSES, COMMUNITIES, REGIONS, AND ORGANIZATIONS PROSPER IN A GLOBAL ECONOMY. OUR PROFESSIONAL STAFF WORK COOPERATIVELY WITH ECONOMIC DEVELOPMENT AND COMMUNITY DEVELOPMENT PARTNERS THROUGHOUT THE REGION TO LEVERAGE RESOURCES FOR MEASURABLE, SUSTAINABLE RESULTS. AS A PRIVATE, NONPROFIT CONSULTING FIRM, WE WORK QUIETLY AND CONFIDENTIALLY TO MOVE PROJECTS FORWARD ON TIME AND ON BUDGET BY PROVIDING CRITICAL GAP CAPACITY SUPPORT THAT EXCEEDS CLIENT EXPECTATIONS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Explanation of other changes in net assets or fund balances Part XI line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5List of other fees for services expenses Part IX line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Part III response or note to any other line in Part III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7General explanation attachment
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