2025-08-13T09:48:29-05:00 2024-09-30 390859910 BAKER TILLY ADVISORY GROUP LP 225 S 6TH ST 2300 MINNEAPOLIS MN 55402 990 2024-03-29 992460886 THE HEIGHTS COMMUNITY ENERGY INC HEIG 6512978955 305 ST PETER STREET ST PAUL MN 55102 ANDREW KASID TREASURER 6512978955 2025-08-12 1 1 KAREN A GRIES P00078514 6128764500 2025-08-12 2024 2025-03-06 01:10:19Z X KATHRYN SARNECKI 305 ST PETER STREET ST PAUL MN 55102 67503 0 X N/A X 2024 MN TO PROVIDE HEATING AND COOLING ENERGY SERVICES ("ENERGY SERVICES") FOR THE HEIGHTS REDEVELOPMENT PROJECT IN SAINT PAUL, MINNESOTA. 3 2 0 5 0 0 0 0 67503 0 67503 0 0 0 0 0 85012 85012 -17509 5547890 5565399 -17509 X TO PROVIDE HEATING AND COOLING ENERGY SERVICES ("ENERGY SERVICES") FOR THE HEIGHTS REDEVELOPMENT PROJECT IN SAINT PAUL, MINNESOTA. 0 0 0 0 0 THE HEIGHTS COMMUNITY ENERGY WILL CONDUCT CHARITABLE ACTIVITIES TO CARRY OUT THE PURPOSES OF AND LESSEN THE BURDENS OF THE CITY OF SAINT PAUL AND THE SAINT PAUL PORT AUTHORITY WITH RESPECT TO THE ENERGY AND ENVIRONMENTAL NEEDS OF THE HEIGHTS REDEVELOPMENT PROJECT. IN PARTICULAR, THE HEIGHTS COMMUNITY ENERGY WILL CONSTRUCT, OPERATE, AND MAINTAIN A DISTRICT ENERGY SYSTEM THAT SERVICES THE HOUSING UNITS, COMMERCIAL UNITS, AND VISITORS OF THE REDEVELOPED, MIXED-USE NEIGHBORHOOD. THE ORGANIZATION WILL MAINTAIN THE ENERGY SYSTEM TO SUPPORT THE GOAL OF BUILDING A NET-ZERO CARBON NEIGHBORHOOD THAT WILL SERVICE AS A MODEL FOR DISPLACING NATURAL GAS AND ELIMINATING CARBON EMISSIONS ACROSS MINNESOTA. THE ORGANIZATION'S ACTIVITIES WILL ALSO ASSIST SAINT PAUL BY MEETING ITS SUSTAINABILITY GOALS IN THE REDEVELOPMENT TO REDUCE THE IMPACTS OF CLIMATE CHANGE, REDEVELOP CERTAIN AREAS TO INCREASE BASIC PUBLIC INFRASTRUCTURE, AND FOCUS INVESTMENTS ALONG TRANSIT CORRIDORS. THE CITY OF SAINT PAUL HAS DESIGNED THE HEIGHTS AS ONE OF THESE CERTAIN AREAS TO BE REDEVELOPED INTO A COMPACT, MIXED USE AND COMMERCIAL CENTER TO INCREASE ACCESS TO COMMUNITY SERVICES AND BUSINESSES. 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 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 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 2 0 0 0 0 0 1 0 1 0 0 0 1 1 1 1 0 0 0 0 0 X ANDREW KASID 6512978955 305 ST PETER STREET ST PAUL MN 55102 X KATHRYN SARNECKI CHAIR, PRESIDENT 1.00 0.00 X X 0 0 0 LUKE GAALSWYK CHAIR, PRESIDENT 1.00 43.90 X X 0 0 0 ANDREW KASID TREASURER 1.00 50.20 X X 0 0 0 TIM KORBY SECRETARY 1.00 0.00 X X 0 0 0 MICHAEL AUGER SECRETARY 1.00 46.20 X X 0 0 0 0 0 0 67503 67503 67503 0 0 67503 X 17231 17231 20014 20014 44917 44917 350 350 FINANCING COSTS 2500 2500 85012 0 85012 0 4885870 662020 0 0 662020 0 5547890 315399 5250000 0 5565399 X -17509 0 -17509 0 5547890 -17509 0 X 0 1 X 1 0 X 0 0 67503 67503 67503 X SCHEDULE A, PART II, COLUMN (E) COLUMN (E) REPRESENTS A SHORT YEAR OF ACTIVITY DUE TO THE ORGANIZATION BEGINNING OPERATIONS ON MARCH 29, 2024. 662020 662020 662020 X 67503 0 67503 0 67503 85012 0 85012 0 85012 PART X, LINE 2: HCE IS A NONPROFIT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND MINNESOTA STATUTE 317 AND, ACCORDINGLY, IS GENERALLY EXEMPT FROM INCOME TAXES. ACCORDINGLY, THE COMPANY IS NOT SUBJECT TO FEDERAL AND STATE INCOME TAXES EXCEPT TO THE EXTENT IT DERIVES INCOME FROM CERTAIN ACTIVITIES NOT SUBSTANTIALLY RELATED TO ITS TAX EXEMPT PURPOSES (UNRELATED TRADE OR BUSINESS ACTIVITIES). THE COMPANY FOLLOWS THE ACCOUNTING POLICY THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ORGANIZATION'S FINANCIAL STATEMENTS. THE POLICY PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT PRINCIPLES FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. THE COMPANY IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTION. IN THE EVENT OF ANY FUTURE TAX ASSESSMENTS, THE COMPANY HAS ELECTED TO RECORD THE INCOME TAXES AND ANY RELATED INTEREST AND PENALTIES AS GENERAL AND ADMINISTRATIVE EXPENSE IN THE STATEMENTS OF OPERATIONS AND CHANGES IN NET DEFICIT. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS WILL INCLUDE THE FOLLOWING INDIVIDUALS: - ONE PERSON APPOINTED BY THE CITY OF SAINT PAUL; - ONE PERSON APPOINTED BY THE PORT AUTHORITY OF SAINT PAUL; AND - ONE PERSON APPOINTED BY DISTRICT ENERGY ST. PAUL, INC. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION CURRENTLY HAS NO COMMITTEES ACTING ON BEHALF OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE ORGANIZATION'S INDEPENDENT PUBLIC ACCOUNTING FIRM BASED ON DATA PROVIDED BY MANAGEMENT. ONCE THE DRAFT RETURN IS AVAILABLE, IT IS REVIEW BY THE ORGANIZATION AND PROVIDED TO THE GOVERNING BODY PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE POLICY COVERS OFFICERS, DIRECTORS, AND OTHER KEY PERSONNEL. COVERED PERSONS AND THEIR IMMEDIATE FAMILY MEMBERS ARE REQUIRED TO DISCLOSE ANNUALLY INTERESTS THAT COULD GIVE RISE TO CONFLICTS, WHETHER FINANCIAL OR FIDUCIARY IN NATURE, ON FORMS PROVIDED BY EVER-GREEN ENERGY, INC. ANY MATTER OF QUESTION OR INTERPRETATION THAT ARISES RELATING TO CONFLICTS OF INTEREST SHOULD BE REFERRED TO THE OFFICE OF GENERAL COUNSEL WHO SHALL KEEP THE BOARD CHAIR AND PRESIDENT/CEO INFORMED. THE BOARD CHAIR SHALL REFER THE MATTER TO THE BOARD OF DIRECTORS FOR DECISION WHERE APPROPRIATE. FORM 990, PART VI, SECTION C, LINE 18 THE FORM 1023 AND FORM 990 IS AVAILABLE UPON REQEUST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTANTS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 44,917. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 44,917. DISTRICT ENERGY ST PAUL INC 305 ST PETER STREET ST PAUL MN 55102 411358662 MANAGEMENT OF DISTRICT ENERGY SYSTEM MN 501(C)(3) LINE 12C, III-FI 0 EVER-GREEN ENERGY INC 305 ST PETER STREET ST PAUL MN 55102 411938761 CONSULTING & MANAGEMENT SERVICES MN N/A C 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0