2024-11-14T07:15:29-06:00 2023-12-31 411399624 ELLINGSON & ELLINGSON LTD 5101 VERNON AVE S SUITE 501 EDINA MN 55436 990 2023-01-01 411366251 50TH & FRANCE BUSINESS & PROFESSIONAL ASSOCIATION 50TH 9529221524 3902 W 50TH ST SUITE C EDINA MN 55424 JENIFER KENT TREASURER 9529221524 2024-11-13 1 0 ERIK J ELLINGSON P00566015 9529290315 2024-11-13 2023 2024-10-15 13:58:12Z PETER DEANOVIC 3902 W 50TH ST SUITE C EDINA MN 55424 429884 0 X 50THANDFRANCE.COM X 1941 MN THE ASSOCIATION PROMOTES THE GENERAL WELFARE AND ECONOMIC WELL-BEING OF THE 50TH AND FRANCE BUSINESS DISTRICT AND ACCOMPLISHES MORE COLLECTIVELY THAN COULD BE ACHIEVED INDIVIDUALLY. 8 8 0 0 0 0 0 0 431668 429779 105 105 0 0 431773 429884 0 0 0 0 0 0 0 0 0 431596 353002 431596 353002 177 76882 98564 185898 10408 20860 88156 165038 X THE ASSOCIATION PROMOTES THE GENERAL WELFARE AND ECONOMIC WELL-BEING OF THE 50TH AND FRANCE BUSINESS DISTRICT AND TO ACCOMPLISH MORE COLLECTIVELY THAN COULD BE ACHIEVED INDIVIDUALLY IN THE FOLLOWING AREAS: ADVERTISING, MARKETING AND PROMOTION, OPERATIONS, MEMBER COMMUNICATIONS, COMMUNITY RELATIONS, PUBLIC RELATIONS, MEMBERS SERVICES, DEVELOPMENT ISSUES, AND GOVERNMENT RELATIONS. 0 0 MEMBERSHIP - WE OFFER MANY BENEFITS TO OUR MEMBERS SUCH AS: WEBSITE PAGE, NETWORKING EVENTS, MONTHLY NEWSLETTER, EVENTS, GENERIC ADVERTISING, BEATIFICATION PROJECTS, AND OPPORTUNITIES TO PROMOTE BUSINESS EVENTS ON SOCIAL MEDIA. THE ASSOCIATION ACTS AS A PLACE OF INFORMATION, A LIAISON WITH BOTH CITY DISTRICTS, A PLACE TO VOICE OPINIONS OR CONCERNS. CHANGES MEMBERS WOULD LIKE TO ACCOMPLISH ARE DRIVEN DIRECTLY BY THE ASSOCIATION. WE ARE THE BRIDGE FROM BUSINESS TO BUSINESS AND CITY TO CITY. EVENTS - WE HOST EDINA ART FAIR, LADIES NIGHT OUT, FASHION NIGHT OUT, HOLIDAY TREE LIGHTING, AND A PUMPKIN FEST EVENT IN WHICH WE HOST AT 50TH & FRANCE. EACH EVENT DRAWS IN VISITORS ANYWHERE FROM 300-100,000 PEOPLE DEPENDING ON THE EVENT. EVENTS DRIVE TRAFFIC TO THE BUSINESS DISTRICT AND DIRECTLY HELP BUSINESSES INCREASE SALES. EACH EVENT IS OPEN FOR MEMBERS TO PARTICIPATE IN AS A PART OF THEIR ANNUAL MEMBERSHIP DUES. EACH EVENT HAS GROWN IN SIZE EVERY YEAR DUE TO THE ADVERTISING WE DO AND SUCCESS OF PARTICIPATION FROM STORE AND INTEREST LEVEL FROM THE PUBLIC. WE HAVE OVER 50% PARTICIPATION LEVEL FROM OUR MEMBERS IN EVENTS WE HOST MARKETING/PROMOTION - WE ADVERTISE EVENTS AND GENERICALLY ADVERTISE SHOPPING FOR 50TH & FRANCE. THROUGH OUR EFFORTS OF PROMOTING THE AREA WE HAVE BECOME A DESTINATION. THE PROMOTIONS WE HAVE DONE DIRECTLY INCREASED SALES FOR BUSINESSES, BROUGHT NEW BUSINESS TO THE AREA, AND KEPT 50TH & FRANCE IN THE MEDIA WEEKLY. 0 0 0 1 0 0 0 0 0 1 0 0 0 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 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 1 0 0 1 1 0 0 1 1 0 0 0 1 1 0 0 MN X THE ORGANIZATION 9529221524 3902 W 50TH ST SUITE C EDINA MN 55424 X RYAN WEBER PAST PRESIDENT 0.00 X 0 0 0 JENIFER KENT TREASURER 0.00 X X 0 0 0 PETER DEANOVIC PRESIDENT 0.00 X X 0 0 0 ANDREA HUNT VICE PRESIDENT 0.00 X X 0 0 0 JACKIE WALLIN DIRECTOR 0.00 X 0 0 0 LYNDSEY JACQUES BOARD MEMBER 0.00 X 0 0 0 MICHAEL GIACOMINI BOARD MEMBER 0.00 X 0 0 0 MICHELLE MANN BOARD MEMBER 0.00 X 0 0 0 0 0 0 0 0 0 0 0 ART FAIR 900099 296618 296618 MEMBERSHIP DUES 900099 105161 105161 SPONSORSHIP INCOME 900099 28000 28000 429779 105 105 429884 429779 0 105 117489 2420 2170 7383 13068 1753 4917 MARKETING EVENTS 179169 STREETSCAPE IMPROVEMENT 18337 BANK & CREDIT CARD CHAR 4514 MISCELLANEOUS 1782 353002 43531 132143 50377 50482 4656 3273 7467 7467 0 0 98564 185898 7033 18779 1731 1731 1644 350 10408 20860 X 88156 165038 88156 165038 98564 185898 76882 0 X 0 0 0 0 1 0 7467 7467 0 0 CREDIT CARD PAYABLE 350 350 PART XI, LINE 4B - OTHER ADJUSTMENTS: ART FAIR ACTIVITY REPORTED AT NET PART XII, LINE 4B - OTHER ADJUSTMENTS: ART FAIR ACTIVITY REPORTED AT NET FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS CONSISTING OF ENTITIES INVOLVED IN THE 50TH AND FRANCE BUSINESS COMMUNITY. THE MEMBERS PAY DUES TO THE ORGANIZATION. THE MEMBERS DO NOT ELECT THE GOVERNING BODY AND HAVE NO AUTHORITY TO APPROVE OR DISAPPROVE OF ANY OF THE BOARD'S ACTIONS. THE BOARD OF DIRECTORS HAS THE FINAL VOTE ON ALL MATTERS. THE BOARD OF DIRECTORS MAY APPOINT AFFILIATE MEMBERS. AFFILIATE MEMBERS SHALL HAVE RIGHTS AND PRIVELEGES AS MEMBERS EXCEPT THAT NO AFFILIATE MEMBER SHALL HAVE VOTING RIGHTS. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS PROVIDED TO THE BOARD FOR REVIEW AND APPROVAL AT A REGULARLY SCHEDULED BOARD MEETING PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 15A REVIEW OF THE EXECUTIVE DIRECTOR IS CONDUCTED BY THE BOARD OF DIRECTORS. SALARY IS DETERMINED FROM SALARY SURVEYS OR OTHER COMPARABILITY DATA. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATIONS ARTICLES OF INCORPORATION, BYLAWS, FINANCIALS, AND TAX RETURNS ARE AVAILABLE UPON WRITTEN REQUEST MADE AT THE ORGANIZATIONS OFFICE.