2025-11-13T11:16:42-07:00 2024-12-31 990 2024-01-01 411366251 50TH & FRANCE BUSINESS & PROFESSIONAL ASSN 50TH 6129680772 3902 W 50th Street Suite C Edina MN 55424 Rebecca Sorensen Executive Director 6129680772 2025-11-14 1 2024 2025-03-06 01:10:19Z Rebecca Sorensen 3902 W 50th Street Suite C Edina MN 55424 476195 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 colletively than could be achieved individually. 7 7 1 0 0 0 0 0 429779 476088 105 107 0 0 429884 476195 0 0 0 0 0 54952 0 0 252478 353002 478713 353002 533665 76882 -57470 185898 111234 20860 1225 165038 110009 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, MEMBER SERVICES, DEVELOPMENT ISSUES, AND GOVERNMENT RELATIONS. 0 0 43409 0 0 MEMBERSHIP - WE OFFER MANY BENEFITS TO OUR MEMBERS SUCH AS: WEBSITE PAGE, NETWORKING EVENTS, MONTHLY NEWSLETTER, 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 EVENTS - WE HOST EDINA ART FAIR, LADIES NIGHTS OUT, FASHION SHOWS, RESTAURANT WEEKS, ETC, DRIVEN DIRECTLY BY THE ASSOCIATION. WE ARE THE BRIDGE FROM BUSINESS TO BUSINESS AND CITY TO CITY. 70663 0 0 EVENTS - WE HOST EDINA ART FAIR, LADIES NIGHTS OUT, FASHION SHOWS, RESTAURANT WEEKS, ETC. DRIVEN DIRECTLY BY THE ASSOCIATION. WE ARE THE BRIDGE FROM BUSINESS TO BUSINESS AND CITY TO CITY. 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. 135178 0 0 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 249250 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 1 1 1 1 1 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 0 0 1 1 0 0 1 1 0 0 0 1 1 0 0 MN X 50th & France Business Association 6129680772 3902 W 50th Street Suite C Edina MN 55424 Rebecca Sorensen Executive Director 30 30 X X X 52000 0 0 Pete Deanovic President 0 0 X X 0 0 0 Jenifer Kent Treasurer 0 0 X X 0 0 0 Andrea Hunt Vice President 0 0 X X 0 0 0 Jackie Wallin Director 0 0 X 0 0 0 Michael Giacomini Director 0 0 X 0 0 0 Michelle Mann Director 0 0 X 0 0 0 Lyndsey Jacques Director 0 0 X 0 0 0 52000 0 0 0 0 0 0 0 0 Art Fair 900099 323108 323108 0 0 Membership Dues 900099 101230 101230 0 0 Sponsorship Income 900099 51750 51750 0 0 0 0 0 0 476088 107 0 0 107 0 0 0 0 0 0 0 0 0 0 0 0 0 476195 476088 0 107 50404 25202 12601 12601 4548 2274 1137 1137 218927 93930 124997 29669 14835 7417 7417 32709 23659 9050 2856 951 476 1429 8639 4319 2160 2160 15813 7907 3953 3953 1022 1022 1090 1090 4116 2058 1029 1029 Streetscape Improvements 21253 21253 0 0 Marketing Events 130470 50759 0 79711 Bank and Credit Card Charges 12149 2103 1052 8994 533665 249250 31937 252478 132143 60645 50482 50589 3273 0 7467 7467 0 185898 111234 18779 0 1731 0 350 1225 20860 1225 X 165038 110009 0 0 165038 110009 185898 111234 -57470 0 0 0 2441 0 X 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 7467 7467 0 0 0 0 0 0 0 Payroll Taxes 973 Credit Card 252 1225 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 PRIVILEGEDS 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 15 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 ORGANIZATION'S ARTICLES OF INCORPORATION, BYLAWS, FINANCIALS, AND TAX RETURNS ARE AVAILABLE UPON WRITTEN REQUEST MADE AT THE ORGANIZATION'S OFFICE.