OMB No 1515-007

Return of Organization Exempt From Income Tax Under section 501(c), 527, or 4947(ax1) of the Internal Revenue Code (except black lung

benelrt trust or private founclation)l

" The organization may have to use a copy of this realm to Satisfy state reporting reqmremer

2001

calendar ear, or tax ear beginning June 7 , 2001, an

prulil C Name of organization .. IRS Corcoran Neighborhood Organization Libill or Prim s Number end street (Q P O box d mail is net delnereG to street addrc

3457 Cedar Avenue South spiculic

City or lawn since v country and ZIP . A IIIIIIVF m ... . Minneapolis, Minnesota 55407

0 SecUon 501(c)(]) organizations, and /8/7(nx1) nonerempt charitable trusts must attach a completed Schedule 11 (Finn B90 or B90-EZ)

andin Ma 31 , zo 02 D Employer identification number

41 .1535894 RaoMwrte E Telophone number

1 612 ) 7247457

F Acaieiq nlbl [I Cash 8 Kmul El other (specify) .

H and I are not apphcabk to section 517 o armatarrs H(a) Is this a group return for affiliales"+ L1 rn 0 No

HO6) If Yes" enter number of athletes ~ H(c) Are all affiliates included El Yin 11 No

(If'NO"attach a list See insvucUms 1 H(d) h the a separate return filed by an

aganuion covered by a yaup ru6ngli Ely. EINo

I Enter 4-digit GEN ~ NA

M Check " [I if the organization is not required to attach Sch B (Form 990 990 EZ a 990 PF)

:es See S ecific structions on page 16

G Web site 11,

L Gross receipts Add lines 6b Bb, 9b, and lOb to line 12 . 742,295 Revenue . Expenses . and Chances in Net Assets or Fund

1 Contributions, gifts, grants, and sirtular amounts received a Direct public support 1a 39,578

b Indirect public support e Government contributions (grants) 1c 289.551 d Total (add lines 1a through 1c) (cash f 329 129 noncash S ) 1d 329,729

' 2 Program service revenue including government fees and contracts (from Part VII, line 93) 2 9,578

3 Membership dues and assessments 4 Interest on sarongs and temporary cash investments 5 Dividends and interest from securities 6a Gross rents 6a

b Less rental expenses 6b c Net rental income or (loss) (subtract line 6b from line 6a) tic

~ 7 Other investment income (describe ;, 8a Gross amount from sales of assets other 1^1 sectnmes fel aver

wan inventory 8a

b Less cost or other basis and sales expenses 8b c Gain or poss) (attach schedule) I 8C

d Net gain or poss) (combine line Bc, columns (A) and (B)) e' 9 Special events and activities (attach schedule)

a Gross revenue (not including S of contributions reported on line t a)

92 itt b less direct expenses other than fundraising expenses c Net income or Qoss) from special events (subtract line 9b from line 9a)

10a Gross sales of inventory, less returns and allowances b Less cost of goods sold 10b e Gross profd or (loss) from sales of inventory (attach schedule) (subtract line 106 from line t0a)

71 Other revenue (from Part VII, line 103) 12 Total revenue (add lines 1d . 2, 3 . 4, 5, 6c, 7 . Bd . 9c, 10c . and 11)

aa rv'Ces

(from line 44, column (B)) I j 3m: and general (from line 44, column (Q) m ~ "

15 Fundra (from line 44, column (D)) m w lfij ,p,We affiliates (attach schedule)

icy for we year (subtract line 17 from line 12) fund balances at beginning of year (from line 73, column in net assets or fund balances (attach explanation) d 1

I z7 I iyi'yi7 -A

Cm No 11I87Y Fun, 990 (2001) For Paperwork Reduction Act Notice, see the separate instructions

Form 990 oepenman d one Lrav~ IMOM NC~7~1! $CV1(L

A For the 2007

B Check if applicatle

Address change

El Name change InRitl rlUln

Fmalraven

Amended retain

11 Application pending

1 Organiuhon type (check only one) " 0 SOI(c) ( 3 ) 4 Omen n e) El 4947(a)11) or [I 527

K Check here " 0 d the agaruieum s gross receipts se normally rot more than $25 000 The agan:atan reed net file e IeWm with the IRS to d the organization received e Form 990 Package m the mail n sfiauld file a netuM wrthan financial data Some states raquve a Complete return.

Form ̀ J'JU (2001)

Farm 990 (2007) Page 2

Statement of AO ugamrauans mist compete column (A) Columns (8) (C) and (D) are required for section 501(c)(3) and (4) orgartizations Functional Expenses and section 4se7(a)(t) roirexena charitable trusts an optional for avers see Specific msuucuons m page 2t )

Do not include amounts reported on line W Total (B) Program (c) mariageirtent 6b, 86, 96, lOb, w 76 of Part I services and general

22 Grants and allocations (attach schedule)* ~-(cash S 37,677 noncash S 1 22 37,671 37,671

23 Specific assistance to individuals (attach schedule) 23 24 Benefits paid to or for members (attach schedule) 24 25 Compensation of officers, directors, etc 25 40,789 40,789

26 Other salaries and wages 26 71,577 70,956 621 27 Pension plan contributions 27 28 Other employee benefits 28 9,527 9,521

29 Payroll taxes 29 9,683 9,643 40 30 Professional Fundraising tees 30 31 Accounting fees 31 11,308 11,308 32 Legal fees 32 33 Supplies 33 . 4,806 2,374 2,432

34 Telephone 34 R 4,547 4,541

?5 Postage and shipping 35 455 455

36 Occupancy 36 3,282 3,132 750 37 Equipment rental and maintenance 37 465 277 248 38 Panting and publications 38 376 376 39 Travel 39 . 1,722 1,716 6

40 Conferences, conventions, and meetings <0 - 500 500 47 Interest 41 2 " 42 Deprecation, depletion, etc (attach schedule~3 42 " 7,196 7,796

43 Other expenses not covered above (itemize) a ~nsur_ _ 43a 2,709 2,021 88 y Advertising and public relations 43b " 5,104 4,991 113

Newspaper . _____.__ ____ __ . 43c " 8,719 8,674 45 d Met Council expenses (professional se r )_ 43d " 42,748 42,748 e Other (see attachedschedule)4:t}_ 43e 43,868 38,446 5,422

44 Total functional expenses add ova 22 tlvagh 43) Orgarvuwns e coCmms /B}{0), carg these touts N Lres 17-15 44 308,728 290,079 78,649

Joint Costs Check " 0 if you are following SOP 98-2 Are any joint costs from a combined educational campaign and fundraisin~~solicnauon reported in B) Program services " Q Yes ~ No If 'Yes,' enter n the aggregate amount of thesejoint costs E ' "~A f9 the amount allocated to Program services 5 (iii) the amount allocated to Management and general $ N/A, and (t) the amount allocated to Fundraisin S NIA

Statement of Program Service Accomplishments See Specific Instructions on a e 24 What is the organizations primary exempt purposes ".Neiqhborhood Improvement . . . . . . program Service

Expenses All organizations must describe their exempt purpose achievements in a clear and concise manner State the number (P'q�Feulu soilUfai am of clients served, publications issued, etc Discuss achievements that are not measurable (Section 501(c)(3) and (4) Nlags. ad 4s4i(a)l1l organizations and 4947(a)(1) nonexempt charitable trusts must also enter the amount of grants and allocations to others )

70 improve and enhance the quarry of life for all residents of the neighborhood through events and programs for safety, youth and family, housing, community development, and arts

(Grants and allocations 8 37.671 1 290,079

(Grants and allocations E )

(Grants and allocations S

d . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(Grants and allocations $ ) e Other program services (attach schedule) (Grants and allocations $ )

Page 3

WIM Balance Sheets (See Specific Instructions on page 24 )

Note Where required attached schedules and amounts mthin the description (A) (S) column shnWd be !a end-of )ear amauits oNy Beginning of year End of year

45 Cash-non-interest-bearing 3 ,524 45 24,754

46 Sarongs and temporary cash investments 46 -

47a Accounts receivable 47a b Less allowance for doubtful accounts 47b 3,977 47c 4,791

48a Pledges receivable b Less allowance (or doubtful accounts 48b 48c

49 Grants receivable 117,812 49 59.535

50 Recervables from officers, directors, trustees, and key employees 50 (attach schedule)

51a Other notes and loans receivable (attach '" schedule) 51a

b Less allowance for doubtful accounts Stb 51c

a 52 Inventories for sale or use 52 53 Prepaid expenses and deferred charges 53 1,148

54 Investments-securities (attach schedule) " 0 Cost El FMV 54

SSa Investments-land, buildings, and equipment basis

b Less accumulated depreciation (attach schedule) SSb SSe

56 Investments-other (attach schedule) 56

57a Land, buildings, and equipment basis 57a 182 ,380

b Less accumulated depreciation (attach schedule) Schulule 0 3 57b 14,757 745,595 57c 767,629

58 Other assets (describe " ) 58

59 Total assets (add lines 45 through 58) (must equal line 74) 270,908 59 257,857

60 Accounts payable and accrued expenses 52 . 8117 60 116.387

61 Grants payable 61

62 Deferred revenue 50 .448 62 49 ,499

d 63 Loans from officers, directors, trustees, and key employees (attach 63 schedule)

m 64a Tax-exempt bond liabilities (attach schedule) 64a

b Mortgages and other notes payable (attach schedule) 64b 65 Other liabilities (describe " Line of Credit ) 3 ,300 65 0

66 Total liabilities (add lines 60 through 65 106,565 66 65,886

Organizations that follow SFAS 117, check here " D and complete fines ,~ 67 through 69 and lines 73 and 74 u 67 Unrestricted 24,817 67 12,424

68 Temporarily restricted 139.532 68 779,547

m 69 Permanently restricted 69

Organizations that do not follow SFAS 117, check here " ~ and ~ complete lines 70 through 74 `0 70 Capital stole, trust principal, or current funds 70

71 Paid in or capital surplus, or land, building, and equipment fund » � 72 Retained earnings, endowment, accumulated income, or other funds a

72

73 Total net assets or fund balances (add lines 67 through 69 OR lines Z 70 through 72,

column (A) must equal line 19, column (B) must equal line 21) 164,343 73 191,9» 74 Total liabilities and net assets / fund balances add lines 66 and 73) 270,908 74 257,857

Form 990 is available for public inspection and, (or some people, serves as the primary or sole source of information about a particular organization How the public perceives an organization in such cases may be determined by the information presented on its return Therefore, please make sure the return is complete and accurate and fully describes, in Part III, the organizations programs and accomplishments

Fam 990(x101)

4 Reconciliation of Expenses per Audited Financial Statements with Expenses per Return

~1'Qi1 Reconciliation of Revenue per Audited Financial Statements with Revenue per Return (See Specific Instructions. oaqe 26

(List each one even d not compensated, see Specific

nsmian ID) CUmihMmb (l7 Expense I, enter enph7c OenN pmns L amount and Other

OdertOCttn [memn ellomnce5

7,500 0 0

0 0 0 7J hours/week

75 Did any officer, director, trustee, or key employee receive aggregate compensation of more than $700,000 from your organization and all related organizations, of which more than $70,000 was provided by the related organizations " [:]Yes 0 No If 'Yes ' attach schedule-see Specific Instructions on page 27

Finn 990 I2001l

Form 99D

a Total revenue, gams, and other support per audited financial statements

b Amounts included on line a but not on line 12, Form 990

(1) Net unrealized gains on investments

(2) Donated services and use of facilities S

(3) Recoveries of prior year grants

(4) Other (specify)

Add amounts on lines (1) through (4)

c Line a minus line b d Amounts included on line 12,

Form 990 but not on line a

(1) Investment expenses not included on line fib, Forth 990

(2) Other (specify)

Add amounts on lines (1) and (2) e Total revenue per line 12, Form 990

ine c plus line d ) 11~ List of Officers, Directors, Instructions on page 26 )

(A) Name end address

Amx Broek_ __, 3451 Cedar Avenue South, Minneapolis, NIN 55407 Board Members (see attached schedule #5Z 3451 Cedar Avenue South, Minneapolis, MN 55407

a Total expenses and losses per audited financial statements

b Amounts included on line a but not on line 17, Form 990

(1) Donated services and use of facilities

(2) Prior year adjustments reported on line 20, Form 990

(3) Losses reported on line 20, Form 990 s

(4) Other (specify)

Add amounts on lines (1) through (4)" c Line a minus line b d Amounts included on line 17,

Form 990 but not on line a

(1) Investment expenses not included on line fib, Form 990

(2) Other (specify)

--- --

Add amounts on lines (1) and (2) e Total expenses per line 17, Form 990

(B) True end average hours per I (C) Cc week devoted ro position

Exec Direetor40hrslwk

88 At any time during the year, did the organization own a 50% or greater interest in a taxable corporation or partnership, or an entity disregarded as separate from the organization under Regulations sections 301 7701-2 and 301 7701-3? I( "Yes," complete Part IX 88

89a 501(c)(3) organizations Enter Amount of tax imposed on the organization during [he year under section 4911 ll~ 0 , section 4912 ll~ 0 , section asss ll~o //// ///

b 501(c)(3) and 501(c)(4) orgs Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior years If "Yes," attach r a statement explaining each transaction 89b T

Enter Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912 4955, and 4950 10 0

d Enter Amount of tax on line 89c above, reimbursed by the organization 1110 0 90a List the states with which a copy of this return is fled " Minn esota----

b Number of employees employed in the pay period that includes March 12, 2001 (See instructions) 1 90b I 4 91 The books are in care of " Amy.Brock_ . . . . . . . . . . . . . . . . . ____ _____ Telephone no " ( 672 1724.-.745-7 '-""°"

Located at " _~51 Cedar Avenue South, Minneapolis: Mmnesota_______ .__ Zip , q ~ __ _ _ __ 55407

92 Section 4947(a)(7) nonexempt charitable trusts filing Form 990 in lieu of Form f041-Check here " 0 and enter the amount of tax-exempt interest received or accrued during the tax year " I 92 I

Fum 990 (2001l

Fam 990 (2001)

Other Information (See Sioecific Instructions on 76 _ Did the agamuuon engage m arty activity wt previously reported to the IRS II 'Yes; attach a delayed desaipuon of each actmry 7s 77 Were any changes made m the organizing or governing documents but not reported to the IRS

I( "Yes ." attach a conformed copy of the changes WE WE. MR. 78a Did the organization have unrelated business gross income of $7,000 a more during the year covered by this return? 78a b If "Yes," has it filed a tax return on Form 990-T for this year? N\A 78

79 Was there a liquidation, dissolution, termination, or substantial contraction during the years If "Yes," attach a statement 79 BOa Is the organization related (other than by association with a stateHnde or nationwide organization) through common WE MR. MEN

membership, governing bodies, trustees, officers, etc, to any other exempt or nonexempt organization? BOa r b If "Yes," enter the name of the organization " N/A.. . . . . . . . .

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . and check whether it is 0 exempt OR El nonexempt 81a Enter direct or indirect political expenditures See line 81 instructions nia u

b Did the organization file Farm 1120-POL for this years 87b ~ r

82a Did the organization receive donated services or the use of materials, equipment, or facilities at no charge ,i or at substantially less than (au rental values 82a

b If "Yes." you may indicate the value of these items here Do not include this amount as revenue m Part I or as an expense in Part II (See instructions in Part III

83a Did the organization comply with the public inspection requirements (or returns and exemption applications 83a r

b Did the organization comply with the disclosure requirements relating to quid pro quo contributions? 83b 84a Did the organization solicit any contributions or grits that were not tax deductible? 84a V

b If "Yes," did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible? AA 84

85a 85 501(c)(4), (5), or (6) organizations a Were substantially all dues nondeductible by members r1\A b Did the organization make only in-house lobbying expenditures of 82,000 or less N\q 85b

If "Yes" was answered to either 85a or BSb, do not complete 85c through 85h below unless the organization received a waiver for proxy tax owed for the prior year

c Dues, assessments, and similar amounts from members 85c N/A

d Section 162(e) lobbying and political expenditures 85d N/A

e Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices BSe NIA

f Taxable amount of lobbying and political expenditures (line 85d less BSe) 85f NIA

g Does the organization elect to pay the section 6033(e) tax on the amount on line 85f7 N~A- 85

h If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount on line 85f to it reasonable estimate of dues allocable to nondeductible lobbying and political expenditures far the following tax year? lye 85h

86 501(c)(7) orgs Enter a Initiation fees and capital contributions included on line 12 86a NIA

b Gross receipts, included on line 12, for public use of club facilities 86b NIA

87 507(c)(12) orgs Enter a Gross income from members or shareholders 87a N/A

b Gross income from other sources (Do not net amounts due or paid to other sources against amounts due or received from them ) 87b N/A

Form 999) (2001) Page 6

BMW Anal sis of Income-Producin ActiviUes (See Specific Instructions on pa , e 32 )

Note Enter gross amounts unless otheM7se Unrelated business income Esduded by salon 512 517 « 514 Related or

mdicaled W (B) (C) (D) exempt function 93 Program service revenue Busness code Amount Exclusion code Amount income

a Neighborhood newspaper 9,578

b c d e f Medicare/Medicaid payments g Fees and contracts from government agencies

94 Membership dues and assessments 95 Interest on sarongs and temporary cash investments 96 Dividends and interest from securities 97 Net rental income or (loss) from real estate

a debt-financed property b not debt-financed property 16 3,588

98 Net rental income or (loss) from personal property 99 Other investment income 100 Gain or (loss) from sales of assets other than inventory 101 Net income or (loss) from special events 102 Gross profit or (loss) from sales of inventory 103 Other revenue a

b c d e

104 Subtotal (add columns (B), (D), and (E)) ~~~~~~~~/ 3,5881 9,578 105 Total (add line 104, columns (B), (D), and (E)) " 13,166 Note Line 705 plus line 1d, Part 1, should equal the amount on line 12, Part I

Relationship IZFTMYJIII of Activities to the Accomplishment of Exempt Purposes See Specific Instructions on page 32 Line No Explain how each activity for which income is reported in column (E) of Part VII contributed importantly to the accomplishment

of the organization s exempt purposes (other than by providing funds for such purposes) 93a Promotes citizen oartiaoation and communiri outreach

of I Nature of activities I Total income Name

on

Subsidiaries and

(a) Did the organization during the year receive any funds, directly a iMue (b) Did the organization, during the year, pay premiums, dire Note I( "Yes" to (b), ale Form 8870 and Form 4 720 (see ins

Under pensW es of perjury I declare that I have examined this rerun and belief ( is true corwt and complete Declaration of preparer

Please Sign Here ' Signature of o er

v6 DrC&-h ' Type a pent na e d bile

Paid Preparer s' signature

PfEP2f2r5 Firm s name (w yours OOT Ih0 ASE Oflry d sell-employed

anmas a~a zia . a 1 525 Park Str~

Total number of others receiving over $50,000 (or I professional services

Fu PapexRrk Reductpn Act NoUCe, see the trstrucums for Form 990 and Form 990-EL Cat no 11285F schedule A (Form 990 or "O-EZ) 2001

SCHEDULE A Organization Exempt Under Section 501(c)(3) OMB No 1545-0W7

(Forth 990 Of 990-EZ) (Except private Foundation) and SecLOn 507(e), 501(f), 501(W. 501(n), or Section 4947(a)(1) Nonexempt Charitable Trust

2001 Supplementary Information-(See separate instructions ) Deqxuean d the Trrmur war`,M~ ~ 11- MUST be completed b the above organizations and attached to their Form 990 or 990-EZ Name of the agarnrawn Empbyer identification identification nwnCer

Co rcoranNeighborhood Organization 47 . 1 535894 Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (See page 1 of the instructions List each one If there are none, enter "None ")

(a) Name and address of each employee paid more (b) TNe and average hours (4) C~^N~~ ~ (e) Expense than S50 000 per week devoted to povum (t) Can{rnsauOn hefrfn plats account and other

CPJ¢ftM Iron albwarites

None

f50,000umber of other employees paid over I

UMM Compensation of the Five Highest Paid Independent Contractors for Professional Services (See page 2 of the instructions List each one (whether individuals or (arms) I( there are none, enter "None

(a) Name and address of each independent contractor paid more than $50 000 (b) Type of sconce (c) Compensatwn

None

Schedule A (Fmn 990 a 996

Statements About Activities (See page 2 of the instructions ) Yes ho

1 During the year, has the organization attempted to influence national, slate or local legislation, including any attempt to influence public opinion on a legislative matter or referendums If "Yes," enter the total expenses paid y or incurred in connection with the lobbying activities " S (Must equal amounts on line 38, Part VI-A, w line i of Part VI B ) 1

Organizations that made an election under section 501(h) by filing Form 5768 must complete Part VI-A Other organizations checking "Yes " must complete Part VI-13 AND attach a statement giving a detailed description of the lobbying activities

2 During the year, has the organization, either directly or indirectly, engaged in any of the following acts with any substantial contributors, trustees, directors, officers, creators, key employees or members of their families, or with any taxable organization with which any such person is affiliated as an officer director, trustee majority owner, or principal beneficiary? (I( the answer to any question is 'Yes,' attach a detailed statement explaining the transactions)

a Sale, exchange or leasing of property PIN V

r

r

V

3 Does the organization make grants for scholarships fellowships, student loans, e[c ? (See Note below ) 4 Do you have a section 403(b) annuity plan for your employees Note Attach a statement to explain how the organization determines that individuals a organizations receiving grants or loans from it in furtherance of its charitable nroorams "ouali(v' to receive oavments

Provide the following information about the supported organizations (See page 5 of the instructions

(a) Name(s) of supported organization(s) (b) Line number

from above

74 [] An organization organized and operated to test for public safety Section 509(a)(4) (See page 6 of the instructions) Schedule A (Form 990 a 990-EZ) 2W7

b Lending of money or other extension of credits

c Furnishing of goods, services, or facilities?

d Payment of compensation (or payment or reimbursement of expenses d more wan E1,000)?

e Transfer of any part of its income or assets

FURM Reason for Non-Private Foundation Status (See pages 3 through 6 of the instructions)

The organization is not a private foundation because it is (Please check only ONE applicable box ~

5 0 A church, convention of churches, or association of churches Section 170(b)(1)(A)(i) 6 El A School Section 170(b)11/(A)(u) (Also complete Part V ) 7 ~ A hospital or a cooperative hospital service organization Section 170(b)(1)(A)(in) 8 0 A Federal, state, or local government or governmental unit Section 1170(b)(1)(A)(v) 9 0 A medical research organization operated in conjunction with a hospital Section 170(b)(1)(A)(ii) Enter the hospital's name, city,

and state " __ ___ 10 El An organization operated for the benefit of a college or university owned or operated by a governmental unit Section 170(b)(1)(A)(iv)

(Also complete the Support Schedule in Part IV-A) 11a 8 An organization [hat normally receives a substantial pan of its support from a governmental unit or from the general public

Section 170(b)(1)(A)(vi) (Also complete the Support Schedule in Part IV-A ) 11b El A community trust Section 170(b)(1)(A)(vl) (Also complete the Support Schedule in Part IV A 12 0 An organization that normally receives (1) more wan 33'h% of its support from contributions, membership fees, and gross

receipts from activities related to its charitable, etc functions-subject to certain exceptions, and (2) no more wan 33'h% of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by [he organization after June 30, 1975 See section 509(a)(2) (Also complete the Support Schedule in Part IV-A )

13 El M organization that is not controlled by any disqualified persons (other wan foundation managers) and supports organizations described in (1) lines 5 through 12 above, or (2) section 501(c)(4) . (5), or (6), d they meet the test of section 509(a)(2) (See section 509(a)(3))

28 Unusual Grants For an organization described in tine 10 11, or 12 that received any unusual grants during 1997 through 2000, prepare a list for your records to show for each year, the name of we contributor, the date and amount of the grant, and a brie( description of the nature of the grant Do not file this list with your return Do not include these grants m line 15

Schedule A (Form 990 w 990.EZ) 2001

Schedule A (Fam 990 a 990-EZ) 1001 Page 3 Support Schedule (Complete only d you checked a box on line 70, 11, w 12) Use cash method o1 accounting

Note You ma use the wTXkShfLt in (he instructions (O! converting (IOm the accrual [o the Cash method of accounting Calendar ear (or fiscal ear beginning in) " (a) 2000 (b) 1999 (c) 1998 (d) 1997 (e) Total 15 Gifts, gram, and contributions received (Do

not include unusual grants See line 28 ) 386,774 230,377 226,631 125,422 969,204

16 Membership fees received 17 Gross receipts from admissions, merchandise

sold or services performed or furnishing of facilities in any activity that is related to the or g anization's y4,573 6,781 6,476 4,343 42,173 charitable etc . purpose

18 Gross income from interest dividends, amounts received from payments on securities loans (section 512(a)(5)), rents royalties, and unrelated business taxable income (less section 571 taxes) from businesses acquired by the organization after June 30 1975 0 0 0 268 268

19 Net income from unrelated business activities not included in line 18

20 Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf

21 The value of services or facilities furnished to the organization by a governmental unit without charge Do not include [he value of services or facilities generally furnished to the public without charge

22 Other income Attach a schedule Do not include gain or (loss) from sale of capital assets

23 Total of lines 15 through 22 24 Line 23 minus line 17 25 Enter 1% of line 23

26 Organizations described on lines 10 or 11 a Enter 29'0 of amount in column (e), line 24 p. 26a

b Prepare a list for your records to show the name of and amount contributed by each person (other than a governmental unit or publicly supported organization) whose total gifts for 1997 through 2000 exceeded the amount shown in line 26a Do not file this list with your return Enter the total of all these excess amounts " 26b

c Total support (or section 509(a)(1) test Enter line 24, column (e) p. 26c 9

d Add Amounts from column (e) for lines 18 268 19 0 ///

22 0 26b 86,222 ~ 26d e Public support (line 26c minus line 26d total) " 26e E f Public suooort oercentaae Dine 26e (numerator) divided by line 26c (denominator)) " 26f 91

27 Organizations described an line 12 a For amounts included in lines 15 16, and 17 that were received from a 'disqualified person," prepare a list (or your records to show the name of and total amounts received in each year from, each' disqualified person " Do not file this list with your return Enter the sum of such amounts for each year NBA

(2000) . . . . . . . . . . . . . . . . . . (1999) . . . . . . . . . . . . . . . . (1998) . . . . . . . . . . . . . . . . . . . . . . (1997) . . . . . . . . . . . . . . . . . . . . . . . . b For any amount included in line 17 that was received from each person (other than 'disqualified persons"), prepare a list for your records to

show the name of and amount received for each year that was more than the larger of (1) the amount on line 25 for the year or (2) $5,000 (Include in the list organizations described in lines 5 through 11, as well as individuals ) Do not file this list with your return After computing the difference between the amount received and the larger amount described in (1) or (2), enter the sum of these differences (she excess amounts) for each year (2000) . . . . . . . . . . . . . . . . (1999) . . . . . . . . . . . . . . . . . . . (1998) . . . . . . . . . . . . . . . (1997) . . . . . .

c Add Amounts from column (e) for lines 15 76 17 20 21

d Add Line 27a total and line 21b total e Public support pine 27c total minus line 27d total)

Total support for section 509(a)(2) test Enter amount from line 23, column (e) " I Z7f I g Public support percentage pine 27e (numerator) chrincled by line 27f (denominator)) h Investment income percentage pine 18, column (e) (numerator) divided by line 27f (denominator))

Schedule A (Form 990 a 99OEA 2001

Schedule A (Form 990 u 990-EZ) 2001 Page 4 LjOlUT Private School Questionnaire (See page 7 of the instructions

(To be completed ONLY b schools that checked the box on line 6 in Part IV) NBA

29 Does the organization have a racially nondiscriminatory policy toward students by statement in its charter, bylaws, Nes No

other governing instrument, or in a resolution of its governing body

30 Does the organization include a statement of its racially nondiscriminatory policy toward students in all its brochures, catalogues and other written communications with the public dealing with student admissions, programs, and scholarships 30

31 Has the organization publicized its racially nondiscriminatory policy through newspaper or broadcast media during the period of solicitation for students, or during we registration period d it has no solicitation program in a way that makes the policy known to all parts of the general community it serves If "Yes " please describe, d "No,' please explain (If you need more space, attach a separate statement )

32 Does the organization maintain the following a Records indicating [he racial composition of the student body faculty, and administrative staffs 32a

b Records documenting that scholarships and other financial assistance are awarded on a racially nondiscriminatory basis 32b

c Copies of all catalogues, brochures, announcements, and other written communications to the public dealing with student admissions, programs and scholarships? 32c

d Copies of all material used by the organization or on its behalf to solicit contributions? 32d

If you answered "No" to any of the above, please explain (If you need more space, attach a separate statement

33 Does the organization discriminate by race in any way with respect to ----- ----- - ------- --------------- ------ --------------- - ---

a Students' tights or privileges 33a

b Admissions policies? 33b

c Employment of faculty or administrative staff

d Scholarships or other financial assistance 33d

e Educational policies? 33e

f Use of facilities?

g Athletic programs

h Other extracurricular activities?

If you answered "Yes" to any of the above, please explain (If you need more space, attach a separate statement)

34a Does the organization receive any financial aid or assistance from a governmental agency?

b Has the organization's tight to such aid ever been revoked or suspended If you answered "Yes" to either 34a or b, please explain using an attached statement

35 Does the organization certify that it has complied with the applicable requirements of sections 4 01 through 4 OS of Rev Roc 75-50. 1975-2 C B 1,117 . mvenna racial nondis[nmmauon7 I( 'No ' attach an exolananon

Schedule A (Form 990 v 990. EZ) 2(101 Lobbying Expenditures by Electing Public Charities (See page ~ (fo be completed ONLY b an eligible organization that filed Form

Check " a L] d the wganaaUOn belongs to an affiliated group Check " b 0 d you chec),

Limits on Lobbying Expenditures

(The term "expenditures means amounts paid or incurred )

36 Total lobbying expenditures to influence public opinion (grassroots lobbying) 37 Total lobbying expenditures to influence a legislative body (direct lobbying) 38 Total lobbying expenditures (add lines 36 and 37) 39 Other exempt purpose expenditures 40 Total exempt purpose expenditures (add lines 38 and 39) 41 Lobbying nontaxable amount Enter the amount from the following [able-

If the amount on line 40 is- The lobbying nontaxable amount is- Not over E500 000 209'0 of the amount on line 40 Over $500,000 but not over 57,000 000 E700,000 plus 15% of the excess over $500 000 Over 57,000,000 but not over 57,500000 $175 000 plus 10% of the excess over $1,000,000 Over 51 500,000 but not over $17 000,000 5225,000 plus 5% of the excess over $l 500,000 Over 517,000 000 E1 000,000

42 Grassroots nontaxable amount (enter 25`Yo of line 41) 43 Subtract line 42 from bite 36 Enter -0- d line 42 is more than line 36 44 Subtract line 41 from line 38 Enter -0- d line 41 is more than line 38

Caution If (here is an amount on either line 43 or line 44, you must ale Form 4720

(a) N) AffiIwted group to be completed

toUls for ALL ¢leCurg

Lobbying Expenditures During 4-Year Averaging Period

SO Grassroots

that did not complete Part During the year, did the organization attempt to influence national, state or local legislation, including any attempt to influence public opinion on a legislative matter or referendum, through the use of

a Volunteers b Paid staff or management (Include compensation in expenses reported on lines c through h ) c Media advertisements d Mailings to members, legislators, or the public e Publications, or published or broadcast statements 1 Grants to other organizations for lobbying purposes g Direct contact with legislators, their staffs, government officials, or a legislative body h Rallies demonstrations, seminars conventions, speeches lectures or any other means i Total lobbying expenditures (Add lines c through h

If "Yes" to anv of the above . also attach a statement amno a detailed descnouon of the lobbhna ac

Yes I No I Aunt

u 990.EZ) 2001

instructions 1 N\A

4-Year Averaging Period Under Section 501(h) (Some organizations that made a section 501(h) election do not have to complete all of the five columns below

See the instructions for lines 45 through 50 on oaoe 11 of the instructions )

Calendar year (or fiscal year begmnmq m)

45 Lobbhna nontaxable amount

46 Lobbying ceiling amount (150% of line 45(e))

47 Total

48 Grassroots nontaxable amount

49 Grassroots ceiling amount (150% of tine 48(e))

(a) I (b) I W 2001 2000 1999

(d) I (e) 1998 Total

12 of the instructions )

Schedule A (Form 990 a 990 EZ) 2001 Page 6

FUME Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations (See page 12 of the instructions)

51 Did the reporting organization directly or indirectly engage in any of we following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or m section 527, relating to political organizations?

a Transfers from the reporting organization to a noncharitable exempt organization of Yes No Sta i V G Cash

pi) Other assets affil

b Other transactions () Sales or exchanges of assets with a noncharitable exempt organization bOi

n Purchases of assets from a noncharitable exempt organization b ii r (n) Rental of facilities equipment, or other assets b fi° r (v) Reimbursement arrangements b(iv) r (v) Loans or loan guarantees b (v) (v) Performance of services or membership or Fundraising solicitations b vil r

c Sharing of facilities, equipment, mailing lists other assets or paid employees c r d If [he answer to any of the above is 'Yes' complete the following schedule Column (b) should always show the fair market value of the

goods other assets, or services given by the reporting organization If the organization received less than fair market value in any transaction or sharing arrangement show in column (d) the value of the goods, other assets, or services received

(a) Ibl (c1 (d) Line no Amount invoWed Name of noncharitable exempt organization Description of transfers transactions and sharing arrangements

NIA

52a Is the organization directly or indirectly affiliated with, or related [o one or more tax-exempt organizations described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527 " 0 Yes 2 No

(4,638)

Total Prior Period Adjustments 5,939

Steven Miller Bratt Tree Service Atrebla Early Learning Center

37,671

Corcoran Neighborhood Organization E.I .N #41-1535894 For Year Ended May 31, 2002

Explanation for Changes in Net Assets

A re-examination of accounts payable at May 31, 2001 disclosed an error in the beginning balance for the year, as well as two items that should have been recorded as liabilities m 2001 As a result, net assets at June 1, 2001 have been reduced by $4,638

An examination of fixed assets reported at May 31, 2001 disclosed an asset with a cost of $1,499 was omitted from the report Also, accumulated depreciation totaling $1,567 was omitted from the previous report As a result, net assets at June 1, 2001 have been reduced by a total of $68

A re-examination of NRP revenue reported in 2001 found it to be understated by $4,073 As a result, net assets at June 1, 2001 have been increased by $4,073

A re-examination of the MCDA deferred revenue reported m 2001 found it to be understated by $5,306 As a result, net assets at June 1, 2001 have been decreased by $5,306

Schedule 1, Form 990 Part I, Line 20

(68)

4,073

(5,306)

Grants and Allocations

Business Fix and Paint Rehab

Jama Mohamod Michael Banning Vmce Ceiter

Schedule 2, Form 990 Part II, Line 22

21,300 4,000 3,800 4,000 3,971 600

Corcoran Neighborhood Organization E.I.N # 41-1535894 For Year Ended May 31, 2002

Total Part II, Line 42 7 , 196 Total Part IV, Line 57a 182,380 Total Part IV, Line 57b 14,751 Fixed assets, net 167,629

Schedule 3, Form 990 Part II, Line 42 and Part IV, Line 57b

Book Original Useful 2001 Accum Value

Assets Date Cost Life Depr Depr 5-31-02

Building -3451 Cedar 02/01 165,593 SL\40yrs 4,140 4,140 161,453

Compaq Presano 5204 04/99 1,300 SL\3yrs 361 1,300 0 HP Pavilion 45502 10/99 852 SL\3yrs 284 757 95 Digital Camera 03100 933 SL\3yrs 311 700 233 HP Laseqet 6L 05/98 399 SL\3yrs 0 399 0 Xerox Docupnnt P12 06/99 599 SL\3yrs 199 599 0 Compaq Presario 51&4 05/99 899 SL\3yrs 0 899 0 GS-b16P 16 Port Switch 05/02 122 SL\3yrs 3 3 119 Nobilus 52X Max 05/02 855 SL\3yrs 24 24 831 Packard Bell 04/9B 199 SL\3yrs 55 199 0 Nobilus 52X Max 05/02 855 SL\3yrs 24 24 831 Dell Trintron 05/98 400 SL\3yrs 11 400 0

Panasonic Copier 02/99 5,000 SL\5yrs 1,000 3,333 1,667 GE Phone - 3 line 02/98 99 SL\5yrs 20 86 13 GE Phone - 3 line 02/98 99 SL\5yrs 20 86 13 GE Phone - 3 line 05/98 99 SL\Syrs 20 81 18 GE Phone - 3 line 05/99 99 SL\5yrs 20 61 38 GE Phone - 3 line OS/00 100 SL\5yrs 20 42 58 Nokia Cell Phone 1997 99 SL\5yrs 20 99 0 Office desk\cubicles 01/99 1,675 SL\5yrs 335 789 886 Samsung'MVCR 05/98 399 SL\5yrs 78 324 75 Kenmore Refndgerator 08/01 535 SL\5yrs 89 89 446 Sofa, loveseat, ottoman 11/01 870 SL\Syrs 102 102 768 Minolta Freedom Zoom 11/98 300 SUSyrs 60 215 -85

Corcoran Neighborhood Organization E .I.N #'41-1535894 For Year Ended May 31, 2002

The Board members can be contacted at 3451 Cedar Avenue South, Minneapolis, MN 55407

Schedule 4, Form 990 Part II, Line 43e

Program Mgt 8 Fund-Functional Expense Total Services Gen raising

South High School Activities 2,092- 2,034 58 0 Lebannon Summer program 4,335 4,335 0 0 Park programs 15,814 15,814 0 0 Senior Resource Center 7,654 ~ 7,654 0 0 Pioneer Cemetary 5,500 5,500 0 0 35th & 32nd Business Node 1,720 . 1,720 0 0 Bank charges 165 - 150 15 0 Dues 8 subscriptions 232 179 53 0 Licenses 8 fees 30 30 0 0 Property tax 5,296 0 5,296 0 Misc 1,030 ' 1,030 0 0

Total 43,868 38,446 5,422 0

Schedule 5, Form 990 Part V

List of Board Members Mark Jensen Gwen McMahon Steve Miller Jane St Clair Nathan Shaw Lois Piekos Kirsten Jenson Sean Goslewski