Department of the Treasury Internal Revenue Service
Public Charity Status and Public Support
Complete if the organization is a section 501(c)(3) organization or a section
4947(a)(1) nonexempt charitable trust.
Attach to Form 990 or Form 990-EZ. See separate instructions.
OMB No. 1545-0047
2012
Open to Public Inspection
Name of the organization
MINNESOTA LIFE COLLEGE
Employer identification number
41-1814112
Part I
Reason for Public Charity Status
(All organizations must complete this part.) See instructions.
The organization is not a private foundation because it is: (For lines 1 through 11, check only one box.)
1
2
3
4
5
section 170(b)(1)(A)(iv). (Complete Part II.)
6
7
8
9
receipts from activities related to its exempt functions—subject to certain exceptions, and (2) no more than 331/3% of
its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses
acquired by the organization after June 30, 1975. See section 509(a)(2). (Complete Part III.)
10
11
e
By checking this box, I certify that the organization is not controlled directly or indirectly by one or more disqualified persons other than foundation managers and other than one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2).
f
If the organization received a written determination from the IRS that it is a Type I, Type II, or Type III supporting organization, check this box
..................................................
g
Since August 17, 2006, has the organization accepted any gift or contribution from any of the following persons?
(i) A person who directly or indirectly controls, either alone or together with persons described in (ii)
Yes
No
and (iii) below, the governing body of the supported organization?
................
11g(i)
(ii)
A family member of a person described in (i) above?
......................
11g(ii)
(iii)
A 35% controlled entity of a person described in (i) or (ii) above?
................
11g(iii)
h
Provide the following information about the supported organization(s).
(i) Name of supported organization
(ii) EIN
(iii) Type of organization (described on lines 1- 9 above or IRC section (see instructions))
(iv) Is the organization in col. (i) listed in your governing document?
(v) Did you notify the organization in col. (i) of your support?
(vi) Is the organization in col. (i) organized in the U.S.?
(vii) Amount of monetary support
Yes
No
Yes
No
Yes
No
Total
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990EZ.
Cat. No. 11285F
Schedule A (Form 990 or 990-EZ) 2012
Schedule A (Form 990 or 990-EZ) 2012
Page 2
Part II
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (Complete only if you checked the box on line 5, 7, or 8 of Part I or if the
organization failed to qualify under Part III. If the organization fails to
qualify under the tests listed below, please complete Part III.)
Section A. Public Support
Calendar year (or fiscal year beginning in)
(a) 2008
(b) 2009
(c) 2010
(d) 2011
(e) 2012
(f) Total
1
Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") ....
2
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.......
3
The value of services or facilities furnished by a governmental unit to the organization without charge..
4
Total. Add lines 1 through 3
5
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included
on line 1 that exceeds 2% of the amount shown on line 11, column (f)..
6
Public support. Subtract line 5 from line 4.
Section B. Total Support
Calendar year
(or fiscal year beginning in)
(a) 2008
(b) 2009
(c) 2010
(d) 2011
(e) 2012
(f) Total
7
Amounts from line 4..
8
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources...
9
Net income from unrelated business activities, whether or not the business is regularly carried on..
10
Other income. Do not include gain or loss from the sale of capital assets (Explain in Part IV.)..
11
Total support (Add lines 7 through 10).
12
Gross receipts from related activities, etc. (see instructions)
..................
12
13
First five years.
If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a 501(c)(3) organization,
check this box and stop here........................................
Section C. Computation of Public Support Percentage
14
Public support percentage for 2012 (line 6, column (f) divided by line 11, column (f))
.........
14
15
Public support percentage for 2011 Schedule A, Part II, line 14
...............
15
16a
33 1/3% support test—2012.
If the organization did not check the box on line 13, and line 14 is 33 1/3% or more, check this box
and stop here. The organization qualifies as a publicly supported organization
.......................
b
33 1/3% support test—2011.
If the organization did not check a box on line 13 or 16a, and line 15 is 33 1/3% or more, check this
box and stop here. The organization qualifies as a publicly supported organization
.....................
17a
10%-facts-and-circumstances test—2012.
If the organization did not check a box on line 13, 16a, or 16b, and line 14
is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here. Explain
in Part IV how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported
organization
.....................................................
b
10%-facts-and-circumstances test—2011.
If the organization did not check a box on line 13, 16a, 16b, or 17a, and line
15 is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here.
Explain in Part IV how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported organization
................................................
18
Private foundation.
If the organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and see
instructions
.....................................................
Schedule A (Form 990 or 990-EZ) 2012
Schedule A (Form 990 or 990-EZ) 2012
Page 3
Part III
Support Schedule for Organizations Described in Section 509(a)(2) (Complete only if you checked the box on line 9 of Part I or if the organization
failed to qualify under Part II. If the organization fails to qualify under
the tests listed below, please complete Part II.)
Section A. Public Support
Calendar year (or fiscal year beginning in)
(a) 2008
(b) 2009
(c) 2010
(d) 2011
(e) 2012
(f) Total
1
Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .
318,038
267,114
156,305
281,081
511,086
1,533,624
2
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose......
1,206,028
1,184,679
1,355,057
1,821,110
1,871,366
7,438,240
3
Gross receipts from activities that are not an unrelated trade or business under section 513..
6,935
10,445
8,209
25,589
4
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf...
5
The value of services or facilities furnished by a governmental unit to the organization without charge..
6
Total. Add lines 1 through 5.
1,524,066
1,451,793
1,518,297
2,112,636
2,390,661
8,997,453
7a
Amounts included on lines 1, 2, and 3 received from disqualified persons...
15,500
12,500
2,000
10,000
30,000
70,000
b
Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year.
583,169
530,537
503,952
564,352
520,452
2,702,462
c
Add lines 7a and 7b..
598,669
543,037
505,952
574,352
550,452
2,772,462
8
Public support (Subtract line 7c from line 6.)
6,224,991
Section B. Total Support
Calendar year (or fiscal year beginning in)
(a) 2008
(b) 2009
(c) 2010
(d) 2011
(e) 2012
(f) Total
9
Amounts from line 6...
1,524,066
1,451,793
1,518,297
2,112,636
2,390,661
8,997,453
10a
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..
12,264
5,907
5,420
5,270
9,406
38,267
b
Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975.
c
Add lines 10a and 10b.
12,264
5,907
5,420
5,270
9,406
38,267
11
Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on.
181,895
220,117
68,251
81,087
551,350
12
Other income. Do not include gain or loss from the sale of capital assets (Explain in Part IV.)
..
13
Total support. (Add lines 9, 10c, 11, and 12.)..
1,536,330
1,639,595
1,743,834
2,186,157
2,481,154
9,587,070
14
First five years.
If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a 501(c)(3) organization,
check this box and stop here.............................................
Section C. Computation of Public Support Percentage
15
Public support percentage for 2012 (line 8, column (f) divided by line 13, column (f))
.........
15
64.930 %
16
Public support percentage from 2011 Schedule A, Part III, line 15
...............
16
61.070 %
Section D. Computation of Investment Income Percentage
17
Investment income percentage for 2012 (line 10c, column (f) divided by line 13, column (f))
......
17
0 %
18
Investment income percentage from 2011 Schedule A, Part III, line 17
.............
18
1.000 %
19a
33 1/3% support tests—2012.
If the organization did not check the box on line 14, and line 15 is more than 33 1/3%, and line 17 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization
........
b
33 1/3% support tests—2011.
If the organization did not check a box on line 14 or line 19a, and line 16 is more than 33 1/3% and line 18 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization
.....
20
Private foundation.
If the organization did not check a box on line 14, 19a, or 19b, check this box and see instructions
.....
Schedule A (Form 990 or 990-EZ) 2012
Schedule A (Form 990 or 990-EZ) 2012
Page 4
Part IV
Supplemental Information.
Complete this part to provide the explanations required by Part II, line 10; Part II, line 17a or 17b; and Part III, line 12. Also complete this part for any additional information. (See instructions).
Facts And Circumstances Test
Explanation
Schedule A (Form 990 or 990-EZ) 2012
Additional Data
Software ID:
Software Version:
-
TIN:
SCHEDULE O (Form 990 or 990-EZ)
Department of the Treasury Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ
Complete to provide information for responses to specific questions on
Form 990 or to provide any additional information.
Attach to Form 990 or 990-EZ.
OMB No. 1545-0047
2012
Open to Public Inspection
Name of the organization
MINNESOTA LIFE COLLEGE
Employer identification number
41-1814112
Identifier
Return Reference
Explanation
ORGANIZATION'S MISSION
FORM 990 - ORGANIZATION'S MISSION
THE MISSION OF MINNESOTA LIFE COLLEGE (MLC) IS TO TRANSFORM THE LIVES OF YOUNG ADULTS WITH LEARNING DIFFERENCES AND AUTISM SPECTRUM DISORDERS BY TEACHING THEM THE SKILLS NECESSARY FOR INDEPENDENT LIVING AS THEY PURSUE PERSONAL AND FINANCIAL SELF-SUFFICIENCY.
ANY SIGNIFICANT CHANGES IN CONDUCT FOR PROGRAM SERVICES
FORM 990, PAGE 2, PART III, LINE 3
MINNESOTA LIFE COLLEGE BOARD OF DIRECTORS APPOINTED AMY GUDMESTAD AS ITS NEW EXECUTIVE DIRECTOR TO SUCCEED KATHRYN THOMAS WHO RETIRED IN JUNE 2012. AMY GUDMESTAD HAD BEEN THE MLC DIRECTOR OF ADMISSIONS AND MARKETING SINCE 2004 AND HAD BEEN RESPONSIBLE FOR RECRUITMENT, FUNDRAISING, MARKETING AND THE OVERSIGHT OF THE GRADUATE LIVING COMMUNITY. AMY BRINGS AN UNDERSTANDING OF THE MISSION OF MINNESOTA LIFE COLLEGE AND A VISION FOR WHAT IT CAN BE IN THE FUTURE. IN MARCH 2013 THE MLC BOARD OF DIRECTORS APPROVED A CAMPUS FACILITIES IMPROVEMENT PROJECT WHICH INCLUDED A FUNDRAISING CAMPAIGN OF 300,000 TOWARDS CAMPUS UPGRADES AND ACCESSIBILITY (ADA) ACCOMMODATIONS. THE PROJECT BROKE GROUND JUNE 3RD, 2013 AND IS ANTICIPATED TO BE COMPLETE BY AUGUST 1, 2013. OUR VISION WITH THIS PROJECT IS TO HAVE A CAMPUS THAT CAN ACCOMMODATE THE SIZE OF OUR GROWING PROGRAMS AS WELL AS FULFILL BASIC ACCESSIBILITY REQUIREMENTS TO ALLOW US TO PURSUE OUR NEXT GOAL OF LICENSING AND ACCREDITATION WHICH WE HOPE TO ROLL OUT IN FISCAL YEARS 13-14 AND 14- 15.
FIRST ACCOMPLISHMENT DESCRIPTION
FORM 990, PAGE 2, PART III, LINE 4A
WILL ENABLE THEM TO SUPPORT THEMSELVES AND LIVE INDEPENDENTLY IN OUR COMMUNITY. WE MEASURE OUR SUCCESS BY THE NUMBER OF CLIENTS WHO ARE EMPLOYED AND WHO LIVE INDEPENDENTLY IN THE COMMUNITY. CURRENTLY 93% OF OUR CLIENTS HAVE PAID EMPLOYMENT AND 95% ARE LIVING ON THEIR OWN, OUTSIDE OF THEIR PARENTS HOMES, HERE IS THE TWIN CITIES. AN ADDITIONAL COMPONENT OF THE UNDERGRADUATE PROGRAM IS OUR VOCATIONAL READINESS/EMPLOYMENT PROGRAM WHERE WE TEACH OUR STUDENTS HOW TO GET AND KEEP A JOB. THIS ABILITY TO LIVE AND WORK INDEPENDENTLY IS THE HEART OF OUR PROGRAM. MLC ACCOMPLISHES THIS BY PROVIDING STUDENTS WITH THE SKILLS THAT ARE NECESSARY TO COMPLETE THE JOB SEARCH PROCESS, OBTAIN EMPLOYMENT AND DEMONSTRATE THE BEHAVIORS THAT WILL HELP THEM MAINTAIN THEIR EMPLOYMENT. PRIMARY TOPICS ADDRESSED ARE; JOB RESEARCH, WORK BEHAVIORS, RESUMES, DEVELOPING PROFESSIONAL REFERENCES, COVER LETTERS, COMPLETING APPLICATIONS, INTERVIEWING, DISABILITY & THE WORKPLACE (ADA), WORK SKILLS/ABILITIES AND INTERESTS, JOB SEARCH PROCESS, EMPLOYMENT PAPERWORK AND WORKSITE SAFETY. OUR VOCATIONAL TEAM ASSESSMENTS INCLUDE; VOCATIONAL INTEREST INVENTORY, THE READING & MATH INDEX 12 (RAI-12) AND THE CAREER ABILITY PLACEMENT SURVEY (CAPS). RESULTS ARE COMBINED WITH JOB EXPLORATION ACTIVITIES COMPLETED BY STUDENTS TO DEVELOP JOB GOALS DIRECTED TOWARDS THEIR VOCATIONAL STRENGTHS AND THE JOBS THAT WOULD BE THE MOST APPROPRIATE FOR THEIR LEVEL OF SKILL AND INTERESTS. OUR FOCUS IS TEACHING REAL SKILLS FOR REAL LIFE. THE UNDERGRADUATE STUDENTS LIVE IN APARTMENTS ON OUR CAMPUS, WHICH ALLOWS OUR INSTRUCTORS TO TEACH INDEPENDENT LIVING SKILLS IN THE TYPE OF ENVIRONMENT THAT OUR STUDENTS WILL TRANSITION TO UPON GRADUATION FROM THE PROGRAM. ADDITIONALLY, WE TEACH SKILLS RANGING FROM BASIC COOKING, CLEANING AND ORGANIZATION TO BUDGETING, MEDICATION MANAGEMENT, TRANSPORTATION AND ROOMMATE DYNAMICS. OUR GOAL IS TO ENSURE THAT OUR UNDERGRADUATES ARE FULLY PREPARED TO LIVE INDEPENDENTLY UPON GRADUATION FROM OUR PROGRAM. THE TRAINING INTERNSHIP EXPERIENCE IS AN ADDITIONAL COMPONENT OF OUR VOCATIONAL TRAINING THAT ALLOWS OUR STUDENTS THE ADDITIONAL VALUE OF LEARNING WHILE DOING. OUR TRAINING PROGRAM PARTNERS UNDERSTAND THE POSITIVE IMPACT THE REAL WORLD EXPERIENCE CAN PROVIDE AND THE ON-SITE JOB COACHES, PROVIDED BY MLC STAFF, HELP OUR STUDENTS INTERPRET THEIR REAL WORK EXPERIENCES IN REAL TIME. EACH SEMESTER, STUDENTS ARE ASSIGNED A POSITION AT ONE OF OUR VOLUNTEER TRAINING SITES, WHERE THEY COMPLETE AN APPLICATION AND ARE GIVEN AN EMPLOYMENT INTERVIEW. IN ADDITION TO THE MLC CLASSES THEY ATTEND ON CAMPUS, THE STUDENTS WILL EACH SPEND FOUR DAYS A WEEK, SEVERAL HOURS A DAY, DEVELOPING VARIOUS VOCATIONAL AND JOB-RELATED INTERPERSONAL SKILLS. MINNESOTA LIFE COLLEGE (MLC) UNDERGRADUATE PROGRAM TEACHES THE CORE SKILLS THAT WE BELIEVE ARE ESSENTIAL IN BEING ABLE TO LIVE INDEPENDENTLY WITHIN A COMMUNITY. WE PROVIDE INSTRUCTION AND SUPPORT ON INDEPENDENT LIVING SKILLS, EMPLOYMENT SKILLS AND SOCIAL SKILLS USING A HOLISTIC, STRENGTH- BASED MODEL OF EDUCATION. WE SERVE OVER 300 INDIVIDUALS WHO HAVE EITHER LEARNING DIFFERENCES, AUTISM SPECTRUM DISORDERS OR WHO HAVE FAMILY MEMBERS WITH THESE DISABILITIES. FOR THE PAST 17 YEARS, MLC HAS BEEN PERFECTING AN EXTREMELY EFFECTIVE MODEL OF TRANSITION INTO ADULTHOOD FOR THE INDIVIDUALS THAT WE SERVE. WE PROVIDE WORK READINESS TRAINING, CAREER DEVELOPMENT, JOB TRAINING AND JOB PLACEMENT PROGRAMS TO ENSURE THAT OUR CLIENTS ARE ABLE TO GET AND KEEP A JOB THAT WILL ENABLE THEM TO SUPPORT THEMSELVES AND LIVE INDEPENDENTLY IN OUR COMMUNITY. WE MEASURE OUR SUCCESS BY THE NUMBER OF CLIENTS WHO ARE EMPLOYED AND WHO LIVE INDEPENDENTLY IN THE COMMUNITY. CURRENTLY 93% OF OUR CLIENTS HAVE PAID EMPLOYMENT AND 95% ARE LIVING ON THEIR OWN, OUTSIDE OF THEIR PARENTS HOMES, HERE IS THE TWIN CITIES. AN ADDITIONAL COMPONENT OF THE UNDERGRADUATE PROGRAM IS OUR VOCATIONAL READINESS/EMPLOYMENT PROGRAM WHERE WE TEACH OUR STUDENTS HOW TO GET AND KEEP A JOB. THIS ABILITY TO LIVE AND WORK INDEPENDENTLY IS THE HEART OF OUR PROGRAM. MLC ACCOMPLISHES THIS BY PROVIDING STUDENTS WITH THE SKILLS THAT ARE NECESSARY TO COMPLETE THE JOB SEARCH PROCESS, OBTAIN EMPLOYMENT AND DEMONSTRATE THE BEHAVIORS THAT WILL HELP THEM MAINTAIN THEIR EMPLOYMENT. PRIMARY TOPICS ADDRESSED ARE; JOB RESEARCH, WORK BEHAVIORS, RESUMES, DEVELOPING PROFESSIONAL REFERENCES, COVER LETTERS, COMPLETING APPLICATIONS, INTERVIEWING, DISABILITY & THE WORKPLACE (ADA), WORK SKILLS/ABILITIES AND INTERESTS, JOB SEARCH PROCESS, EMPLOYMENT PAPERWORK AND WORKSITE SAFETY. OUR VOCATIONAL TEAM ASSESSMENTS INCLUDE; VOCATIONAL INTEREST INVENTORY, THE READING & MATH INDEX 12 (RAI-12) AND THE CAREER ABILITY PLACEMENT SURVEY (CAPS). RESULTS ARE COMBINED WITH JOB EXPLORATION ACTIVITIES COMPLETED BY STUDENTS TO DEVELOP JOB GOALS DIRECTED TOWARDS THEIR VOCATIONAL STRENGTHS AND THE JOBS THAT WOULD BE THE MOST APPROPRIATE FOR THEIR LEVEL OF SKILL AND INTERESTS. OUR FOCUS IS TEACHING REAL SKILLS FOR REAL LIFE. THE UNDERGRADUATE STUDENTS LIVE IN APARTMENTS ON OUR CAMPUS, WHICH ALLOWS OUR INSTRUCTORS TO TEACH INDEPENDENT LIVING SKILLS IN THE TYPE OF ENVIRONMENT THAT OUR STUDENTS WILL TRANSITION TO UPON GRADUATION FROM THE PROGRAM. ADDITIONALLY, WE TEACH SKILLS RANGING FROM BASIC COOKING, CLEANING AND ORGANIZATION TO BUDGETING, MEDICATION MANAGEMENT, TRANSPORTATION AND ROOMMATE DYNAMICS. OUR GOAL IS TO ENSURE THAT OUR UNDERGRADUATES ARE FULLY PREPARED TO LIVE INDEPENDENTLY UPON GRADUATION FROM OUR PROGRAM. THE TRAINING INTERNSHIP EXPERIENCE IS AN ADDITIONAL COMPONENT OF OUR VOCATIONAL TRAINING THAT ALLOWS OUR STUDENTS THE ADDITIONAL VALUE OF LEARNING WHILE DOING. OUR TRAINING PROGRAM PARTNERS UNDERSTAND THE POSITIVE IMPACT THE REAL WORLD EXPERIENCE CAN PROVIDE AND THE ON-SITE JOB COACHES, PROVIDED BY MLC STAFF, HELP OUR STUDENTS INTERPRET THEIR REAL WORK EXPERIENCES IN REAL TIME. EACH SEMESTER, STUDENTS ARE ASSIGNED A POSITION AT ONE OF OUR VOLUNTEER TRAINING SITES, WHERE THEY COMPLETE AN APPLICATION AND ARE GIVEN AN EMPLOYMENT INTERVIEW. IN ADDITION TO THE MLC CLASSES THEY ATTEND ON CAMPUS, THE STUDENTS WILL EACH SPEND FOUR DAYS A WEEK, SEVERAL HOURS A DAY, DEVELOPING VARIOUS VOCATIONAL AND JOB-RELATED INTERPERSONAL SKILLS.
SECOND ACCOMPLISHMENT DESCRIPTION
FORM 990, PAGE 2, PART III, LINE 4B
THE GLC PROGRAM HAS BEEN OPERATING SINCE 2005 AND OVER THE PAST 5 YEARS WE HAVE SEEN A 50% INCREASE IN INDIVIDUALS PARTICIPATING IN THE PROGRAM. OUR PROGRAM IS CURRENTLY SERVING 45 ADULTS AND WE ANTICIPATE THAT BY 2016 OUR GLC ENROLLMENT WILL BE APPROXIMATELY 70 ADULTS, A GROWTH OF 54%.
THIRD ACCOMPLISHMENT DESCRIPTION
FORM 990, PAGE 2, PART III, LINE 4C
AND TOUCH MORE LIVES. WE KNOW THAT THERE IS A CRISIS LOOMING FOR INDIVIDUALS WITH LEARNING DIFFERENCES AND AUTISM SPECTRUM DISORDERS THAT WILL NEED THE APPROPRIATE TRANSITION SUPPORT PROVIDED BY THIS PROGRAM. WE BELIEVE THAT THE DEVELOPMENT OF OUR SUMMER PROGRAMS, WITH PARTNERS SUCH AS HENNEPIN COUNTY, UNIVERSITY OF MINNESOTA AND LOCAL SCHOOL DISTRICTS, WILL GIVE MORE YOUNG ADULTS ACCESS TO THE SKILLS AND SUPPORT THAT WE PROVIDE. OUR 1-2 YEAR GOAL WOULD BE TO FORM AT LEAST TWO PARTNERSHIPS AROUND OUR SUMMER INTERNSHIP PROGRAM THAT WILL ALLOW MORE INDIVIDUALS TO BE IMPACTED BY MINNESOTA LIFE COLLEGE.
ALL OTHER ACCOMPLISHMENT DESCRIPTION
FORM 990, PAGE 2, PART III, LINE 4D
ALL OTHER PROGRAMS.
ORGANIZATION'S PROCESS USED TO REVIEW FORM 990
FORM 990, PAGE 6, PART VI, LINE 11B
MINNESOTA LIFE COLLEGE HIRES THE ACCOUNTING FIRM OF BOYUM & BARENSCHEER TO COMPLETE OUR 990 FORM ONCE THEY HAVE COMPLETED THE ANNUAL AUDIT. THE FIRM COLLECTS PROGRAM INFORMATION FROM THE EXECUTIVE DIRECTOR TO INCLUDE WITH THE FINANCIAL INFORMATION COLLECTED FROM THE AUDIT. A DRAFT OF THE 990 IS PRESENTED TO MLCS EXECUTIVE DIRECTOR, ACCOUNTANT AND BOARD FINANCE COMMITTEE FOR REVIEW AND SUBMISSION APPROVAL.
ENFORCEMENT OF CONFLICTS POLICY
FORM 990, PAGE 6, PART VI, LINE 12C
OUR CONFLICT OF INTEREST POLICY FOR BOTH THE BOARD OF DIRECTORS AND EMPLOYEES HAS BEEN RECENTLY REVIEWED BY THE CHARITIES REVIEW COUNCIL, IN WHICH WE WERE ULTIMATELY AWARDED THE CHARITIES REVIEW COUNCIL SEAL OF APPROVAL. OUR CONFLICT OF INTEREST POLICIES ARE READ AND ACKNOWLEDGED BY EACH BOARD MEMBER AND EMPLOYEE AT THE BEGINNING OF EACH FISCAL YEAR. ALL DISCLOSURES ARE REVIEWED, FILED AND NO CONFLICTS HAVE BEEN IDENTIFIED.
COMPENSATION PROCESS FOR TOP OFFICIAL
FORM 990, PAGE 6, PART VI, LINE 15A
THE EXECUTIVE DIRECTORS COMPENSATION IS REVIEWED AND DETERMINED ANNUALLY AT THE BOARD OF DIRECTORS MEETING HELD IN MAY. THIS PROCESS IS LED BY THE CHAIR OF THE BOARD. THE EXECUTIVE DIRECTORS SALARY IS INITIALLY SET BY EVALUATING BOTH THE JOB DUTIES AND RESPONSIBILITIES OF THE POSITION. ADDITIONALLY, DATA FROM PUBLISHED SALARY SURVEYS (MCN 2012 STUDY) IS USED TO DETERMINE AN APPROPRIATE SALARY RANGE FOR THE POSITION, WITH CONSIDERATION OF OTHER MULTIPLE FACTORS, INCLUDING EDUCATION, EXPERIENCE AND FIT FOR THE POSITION. THE SALARY IS EVALUATED EACH YEAR BASED ON BOTH THE EXECUTIVE DIRECTORS AND ORGANIZATIONS ACHIEVEMENT OF ESTABLISHED GOALS AND OBJECTIVE. THERE IS A DISCUSSION WITH THE FULL BOARD OF DIRECTORS AND THEN A WRITTEN AND VERBAL REPORT WITH NEW SALARY INFORMATION IS PROVIDED TO THE EXECUTIVE DIRECTOR.
GOVERNING DOCUMENTS DISCLOSURE EXPLANATION
FORM 990, PAGE 6, PART VI, LINE 19
NO DOCUMENTS AVAILABLE TO THE PUBLIC
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.