2025-02-26T13:58:20-06:00 2024-06-30 411656121 SCHLENNER WENNER & CO CPA'S PA 630 ROOSEVELT RD STE 201 ST CLOUD MN 56301 990 2023-07-01 411223547 FUNCTIONAL INDUSTRIES INC FUNC 7636824336 PO BOX 336 BUFFALO MN 55313 LISA M ZWART PRESIDENT AND CEO 7632335165 2025-02-24 1 1 SHELLEY M GAETZ P00066049 3202510286 2025-02-24 2023 2025-03-06 01:10:19Z LISA M ZWART PO BOX 336 BUFFALO MN 55313 5617722 0 X WWW.FUNCTIONALINDUSTRIES.ORG X 1973 MN TO CREATE AND PROMOTE INNOVATIVE OPPORTUNITIES THAT REVEAL THE NATURAL POTENTIAL OF EACH PERSON WE SERVE. 9 9 238 9 0 0 905742 948762 3886558 4337453 85361 331507 0 0 4877661 5617722 0 0 0 0 3421524 3660831 0 0 0 1582754 1461914 5004278 5122745 -126617 494977 12233501 12770199 300151 348718 11933350 12421481 TO CREATE AND PROMOTE INNOVATIVE OPPORTUNITIES THAT REVEAL THE NATURAL POTENTIAL OF EACH PERSON WE SERVE. 0 0 4416755 4337453 THE DREAM PROGRAM HAS MERGED 245D LICENSES CONNECTING OPPORTUNITIES FOR INDIVIDUALS IN OUR DAY SUPPORTS SERVICES PROGRAM AND OUR WORK TRAINING PROGRAM. THIS MOVEMENT HAS OPENED UP OPPORTUNITIES FOR MORE CHOICES AND OPTIONS FOR THE INDIVIDUALS SERVED IN OUR DREAM PROGRAM. INDIVIDUALS NOW HAVE AN OPPORTUNITY TO TRY OUT AND ADJUST THEIR SCHEDULE TO BE ABLE TO EXPERIENCE ENRICHMENT OPPORTUNITIES AND/OR WORK TRAINING OPPORTUNITIES. THIS CHANGE WAS EFFECTIVE IN JANUARY OF 2024 AND HAS SHOWN TO BE A POSITIVE MOVE FOR INDIVIDUALS SERVED. FUNCTIONAL INDUSTRIES EXPANDED ON COMMUNITY INVOLVEMENT OPPORTUNITIES THIS YEAR BY PARTICIPATING IN LOCAL VOLUNTEER OPPORTUNITIES. ONE OF THE OPPORTUNITIES WAS FOR FEED MY STARVING CHILDREN AT A LOCAL CHURCH. TOTAL OUR TEAM PACKAGED 1,740 MEALS AT A MOBILEPACK EVENT! FII ALSO PARTICIPATED THIRD YEAR IN A ROW IN THE BUFFALO, MN POLAR PLUNGE EVENT RAISING $5,545.54! IN ADDITION WE HAVE PARTICIPATED IN DISABILITY SERVICES DAY AT THE CAPITOL TO ADVOCATE FOR DISABILITY SERVICES ON A LEGISLATIVE LEVEL AND ALSO DONATING TIME TO ASSIST WITH TOYS FOR TOTS THROUGH OUR LOCAL ROTARY CLUB. THROUGHOUT THE PAST YEAR, WE HAVE INCREASED OUR DIRECT SUPPORT PROFESSIONALS. THIS HAS LEAD TO SUCCESS WITH DECREASING OUR WAITLIST AND BRINGING IN 14 NEW INDIVIDUALS FROM OUR WAITLIST. BEING ABLE TO HAVE MORE STAFF MEANS MORE OPPORTUNITIES FOR THE INDIVIDUALS WITHIN OUR PROGRAMS AND MORE INDIVIDUALS WE CAN SERVE IN OUR DAY SUPPORTS PROGRAM AND ALSO IN THE COMMUNITY. 4416755 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 3 0 1 238 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 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 288315 0 45426 STEPHANIE FEEKES CHIEF FINANCIAL OFFICER 40.00 X 117324 0 41769 AMBER OSTER VICE PRESIDENT OF WORKFORC 40.00 X 107281 0 36043 ROB STARK CHAIR 1.00 X X 0 0 0 SHAUN CORBIN TREASURER 0.50 X X 0 0 0 MICHAEL FOELL VICE CHAIR 0.50 X X 0 0 0 CECILIA LAUBE DIRECTOR 0.38 X 0 0 0 BRUCE ANDERSON DIRECTOR 0.25 X 0 0 0 STEPHANIE CAPPELLERI DIRECTOR 0.25 X 0 0 0 CHERRYL GILMER SECRETARY 0.25 X X 0 0 0 VINCENT LUNDEEN DIRECTOR 0.25 X 0 0 0 TRISH TAYLOR DIRECTOR 0.25 X 0 0 0 512920 0 123238 3 0 1 0 0 905597 43165 6846 948762 MEDICAL ASSISTANCE SUP 561300 3278760 3278760 CONTRACT INCOME 561300 554086 554086 MINNESOTA DES-VR SERVI 561300 406930 406930 OTHER PROGRAM REVENUE 561300 97677 97677 4337453 272007 272007 59500 0 59500 59500 59500 5617722 4337453 0 331507 425585 344123 81462 2684030 2338873 345157 50538 3630 46908 212695 116681 96014 287983 258021 29962 31435 31435 127770 115221 12549 81553 72735 8818 157023 140520 16503 PARTICIPANT TRANSPORTAT 891498 881016 10482 SUPPLIES & PROGRAM EXPE 166514 144981 21533 MISCELLANEOUS 6121 954 5167 5122745 4416755 705990 0 597243 73461 1391428 3158535 1445139 616119 42883 40549 4857318 2316245 2698096 2541073 6058712 6340462 12233501 12770199 300151 348718 300151 348718 X 11933350 12421481 11933350 12421481 12233501 12770199 494977 -6846 0 X 0 1 X 1 0 X 743772 1844884 1275353 905742 948762 5718513 743772 1844884 1275353 905742 948762 5718513 5718513 104454 97156 18442 38977 272007 531036 6249549 19607932 0.91500 0.94690 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 35471 35471 4069893 1630578 2439315 751954 685667 66287 2541073 COMMON STOCK 6340462 F 6340462 X 5558222 0 5558222 59500 59500 5617722 5070091 6846 -59500 -52654 5122745 0 5122745 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. PART XI, LINE 4B - OTHER ADJUSTMENTS: GAIN ON DISPOSAL OF ASSETS 59,500. PART XII, LINE 2D - OTHER ADJUSTMENTS: GAIN ON DISPOSAL OF ASSETS -59,500. X 1 1 X X 0 0 0 0 0 0 0 0 0 LISA ZWART PRESIDENT AND CEO 201461 0 11619 0 75235 0 0 0 45426 0 333741 0 0 0 STEPHANIE FEEKES CHIEF FINANCIAL OFFICER 114166 0 3158 0 0 0 0 0 41769 0 159093 0 0 0 AMBER OSTER VICE PRESIDENT OF WORKFORC 104078 0 3203 0 0 0 0 0 36043 0 143324 0 0 0 ROB STARK BOARD MEMBER, CHAIR 10273530 PURCHASED CERTIFICATE OF DEPOSIT 0 SHAUN CORBIN BOARD MEMBER, TREASURER 0 MAINTAINED A SAVINGS ACCOUNT 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.