Minneapolis Pathways

“The Board Co-Chairs and Treasurer review and approve the Form 990, and then provide each member of the Board with a copy to review. The form is discussed and the Board takes a formal vote to approve.”

“The Conflict of Interest policy was discussed during at least two board meetings in 2024. Certain board members self-identified potential conflicts and recused themselves from discussing and voting when such conflicts were deemed real.”

“The Board Chair and Executive Committee review market data for all positions, the level of performance and accomplishments in the year. They recommend the salary for key positions to the Board, who approves or modifies as appropriate.”

“All documents are available upon request.”

“All documents are available upon request.”

“In 2024, Pathways recognized significant financial challenges to continue serving its original mission, and decided upon two significant actions. First, to sell its largest asset - the building owned by Pathways - to generate cash for operations while they still continued. Second, to identify a partner organization with a like-minded/complementary mission with which Pathways could combine and/or merge to create a more sustainable model. The building was sold on May 1, 2024. A combination of organizations occurred on 12/31/24, resulting in a newly named organization - Pathways North - that combines the resources and services into one. As of 1/1/25 the new entity is operating within the same non-profit TIN under the new name, with new leadership and a modified mission.”

“Unrealized investment losses = -$1565”

“Pathways' providers are volunteers and do not charge for their services which allows us to offer services and programs free of charge to our participants. Pathways' providers are professionals with credentials, certifications, and expertise in complementary care, and most have their own practices outside of Pathways. For 2024, the estimated value of these services was $50,000.”