NORTH DAKOTA STATE UNIVERSITY FOUNDATION: Form 990, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- NORTH DAKOTA STATE UNIVERSITY FOUNDATION (EIN 23-7120898)
- Tax period
- 2015-01-01 to 2015-12-31
- Filed
- 2016-11-15
- IRS object ID
- 201613209349313401
- Schema version
- 2015v2.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-11-15T15:50:14-06:00 | ReturnTs |
| Tax Period End | 2015-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 450250958 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EIDE BAILLY LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4310 17TH AVE S PO BOX 2545 | AddressLine1Txt |
| City | FARGO | CityNm |
| State Abbreviation | ND | StateAbbreviationCd |
| ZIP | 581082545 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2015-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 237120898 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | North Dakota State University | BusinessNameLine1Txt |
| Business Name Line2 | Development Foundation | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | NORT | BusinessNameControlTxt |
| Phone | 7012316800 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1241 N University Drive | AddressLine1Txt |
| City | Fargo | CityNm |
| State Abbreviation | ND | StateAbbreviationCd |
| ZIP | 58102 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Allyson Peterson | PersonNm |
| Person Title | Sr VP Finance & Operations/CFO | PersonTitleTxt |
| Phone | 7012316820 | PhoneNum |
| Signature | 2016-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LISA CHAFFEE CPA | PreparerPersonNm |
| PTIN | P00193453 | PTIN |
| Phone | 7012398500 | PhoneNum |
| Preparation | 2016-11-15 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2017-02-10 21:41:12Z | BuildTS |
Form 990 IRS990
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NDSU Development FoundationAlumni Association | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | John R Glover | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1241 N University Drive | AddressLine1Txt |
| City | Fargo | CityNm |
| State Abbreviation | ND | StateAbbreviationCd |
| ZIP | 58102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $46,457,990 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.ndsufoundation.com | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1971 | FormationYr |
| Legal Domicile State | ND | LegalDomicileStateCd |
| Activity Or Mission | To advance education, research, and service at North Dakota State University; to work with faculty, staff, students, alumni, business and the community to represent common interests; to raise funds, manage assets and administer resources to stimulate continued development at the University. | ActivityOrMissionDesc |
| Voting Members Governing Body | 59 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 57 | VotingMembersIndependentCnt |
| Total Employee | 47 | TotalEmployeeCnt |
| Total Volunteers | 345 | TotalVolunteersCnt |
| Total Gross UBI | $59,494 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $47,714 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $39,910,767 | PYContributionsGrantsAmt |
| CY Contributions Grants | $21,417,369 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $597,465 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $705,878 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,186,992 | PYInvestmentIncomeAmt |
| CY Investment Income | $3,524,811 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$77,959 | PYOtherRevenueAmt |
| CY Other Revenue | -$382,758 | CYOtherRevenueAmt |
| PY Total Revenue | $41,617,265 | PYTotalRevenueAmt |
| CY Total Revenue | $25,265,300 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $17,432,171 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $18,936,300 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $2,717,955 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $2,328,386 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $112,847 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $378,875 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,445,767 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,693,658 | PYOtherExpensesAmt |
| CY Other Expenses | $1,911,035 | CYOtherExpensesAmt |
| PY Total Expenses | $21,956,631 | PYTotalExpensesAmt |
| CY Total Expenses | $23,554,596 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $19,660,634 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,710,704 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $247,939,444 | TotalAssetsBOYAmt |
| Total Assets EOY | $245,561,580 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $28,816,622 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $30,408,256 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $219,122,822 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $215,153,324 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | The North Dakota State University Development Foundation creates opportunities to advance education, research, and service at NDSU. We work in close collaboration with faculty, staff, students and alumni, along with business, industry and the community to best understand and represent common interests. With the needs of the entire University in mind, we efficiently and effectively raise funds, manage assets and administer other privately funded resources to stimulate continued development at NDSU. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $15,447,618 | ExpenseAmt |
| Grant | $15,447,618 | GrantAmt |
| Desc | Grants to NDSU for buildings, equipment, research, lectures, faculty development, supplies, travel and other departmental needs and activities not funded through state appropriations or student tuition fees. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $3,488,682 | ExpenseAmt |
| Grant | $3,488,682 | GrantAmt |
| Desc | Scholarships and awards to students enrolled at North Dakota State University selected by independent scholarship committees. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $621,930 | ExpenseAmt |
| Revenue | $731,632 | RevenueAmt |
| Desc | Alumni records, newsletters and special events such as Homecoming, city alumni/student exchanges. Sponsor University programs such as Harvest Bowl and Celebration of Excellence. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $19,558,230 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | Yes (1) | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (1) | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | Yes (1) | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | Yes (1) | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (1) | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 98 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 47 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 59 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 57 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Allyson Peterson Senior VP Finance & OperationsCFO | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7012316820 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1241 University Drive N | AddressLine1Txt |
| City | Fargo | CityNm |
| State Abbreviation | ND | StateAbbreviationCd |
| ZIP | 58102 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (67 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| Steven J Swiontek | ||||||
| Chair of the Board | 7.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| Ryn Pitts | ||||||
| Past Chair of the Board | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| John S Wold | ||||||
| Vice Chair | 1.50 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| Robert E Challey | ||||||
| Secretary | 7.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| Gary Paulsrud | ||||||
| Treasurer | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| Sue Andrews | ||||||
| Trustee | 0.50 | Yes (X) | $0 | $0 | $0 | |
| Julie Barner | ||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Barry Batcheller | ||||||
| Trustee (resigned 4/23/15) | 0.50 | Yes (X) | $0 | $0 | $0 | |
| Sally Berrell | ||||||
| Trustee | 3.50 | Yes (X) | $0 | $0 | $0 | |
| Barbara Burgum | ||||||
| Trustee | 0.50 | Yes (X) | $0 | $0 | $0 | |
| Julie Burgum | ||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Paul Cossette | ||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Terrence C Dahl | ||||||
| Trustee | 0.50 | Yes (X) | $0 | $0 | $0 | |
| Donn Diederich | ||||||
| Trustee | 0.50 | Yes (X) | $0 | $0 | $0 | |
| Spencer Duin | ||||||
| Trustee | 4.00 | Yes (X) | $0 | $0 | $0 | |
| Dave Ekman | ||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Larry Ellingson | ||||||
| Trustee | 0.50 | Yes (X) | $0 | $0 | $0 | |
| Richard J Erickson | ||||||
| Trustee | 0.50 | Yes (X) | $0 | $0 | $0 | |
| JoAnn Garaas Skabo | ||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Dr David J Glatt | ||||||
| Trustee | 0.50 | Yes (X) | $0 | $0 | $0 | |
| Kristi Hanson | ||||||
| Trustee | 1.50 | Yes (X) | $0 | $0 | $0 | |
| Michael E Hanson | ||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Terry J Hanson | ||||||
| Trustee | 1.50 | Yes (X) | $0 | $0 | $0 | |
| Robert Heller | ||||||
| Trustee | 2.00 | Yes (X) | $0 | $0 | $0 | |
| Ron Holocek | ||||||
| Trustee | 0.50 | Yes (X) | $0 | $0 | $0 | |
| Jennifer Hopkins | ||||||
| Trustee | 0.50 | Yes (X) | $0 | $0 | $0 | |
| Paul Horn | ||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | |
| James R Howe | ||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Frank Jennings | ||||||
| Trustee (resigned 6/30/15) | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Nancy Johnson | ||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Barbara Jones | ||||||
| Trustee | 0.50 | Yes (X) | $0 | $0 | $0 | |
| Nancy Johnson Jordheim | ||||||
| Trustee (resigned 6/30/15) | 1.00 | Yes (X) | $0 | $0 | $0 | |
| John R Klai II | ||||||
| Trustee | 1.50 | Yes (X) | $0 | $0 | $0 | |
| Terrance Kristensen | ||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Michael Krueger | ||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Russel J Kuzel | ||||||
| Trustee | 0.50 | Yes (X) | $0 | $0 | $0 | |
| Robert C Lauf | ||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Robert Lervick | ||||||
| Trustee | 2.00 | Yes (X) | $0 | $0 | $0 | |
| Brady Lipp | ||||||
| Trustee | 0.50 | Yes (X) | $0 | $0 | $0 | |
| Thomas E Lundeen | ||||||
| Trustee | 0.50 | Yes (X) | $0 | $0 | $0 | |
| David S Maring | ||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Richard Marsden | ||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Dr James Meier | ||||||
| Trustee | 0.50 | Yes (X) | $0 | $0 | $0 | |
| Franklin D Meyers | ||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Dr Robert C Montgomery | ||||||
| Trustee | 0.50 | Yes (X) | $0 | $0 | $0 | |
| Connie Nicholas | ||||||
| Trustee | 0.50 | Yes (X) | $0 | $0 | $0 | |
| David Olig | ||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Ronald G Olson | ||||||
| Trustee | 0.50 | Yes (X) | $0 | $0 | $0 | |
| John Q Paulsen | ||||||
| Trustee | 0.50 | Yes (X) | $0 | $0 | $0 | |
| Jonal Uglem | ||||||
| Trustee (resigned 6/30/15) | 0.50 | Yes (X) | $0 | $0 | $0 | |
| Keith Peltier | ||||||
| Trustee | 1.50 | Yes (X) | $0 | $0 | $0 | |
| Jan Promersberger | ||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | |
| James Roers | ||||||
| Trustee | 0.50 | Yes (X) | $0 | $0 | $0 | |
| Eileen Scheel | ||||||
| Trustee | 0.50 | Yes (X) | $0 | $0 | $0 | |
| Kenneth Skuza | ||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Terry Stroh | ||||||
| Trustee | 0.50 | Yes (X) | $0 | $0 | $0 | |
| Charles Ulmer | ||||||
| Trustee | 2.00 | Yes (X) | $0 | $0 | $0 | |
| Jeffry Volk | ||||||
| Trustee | 6.00 | Yes (X) | $0 | $0 | $0 | |
| Mark D Walstead | ||||||
| Trustee | 0.50 | Yes (X) | $0 | $0 | $0 | |
| Mary Zweber | ||||||
| Trustee | 0.50 | Yes (X) | $0 | $0 | $0 | |
| Carol Goodman | ||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Phil Hansen | ||||||
| Trustee | 0.50 | Yes (X) | $0 | $0 | $0 | |
| Matthew Vettel | ||||||
| Trustee | 0.50 | Yes (X) | $0 | $0 | $0 | |
| Douglas P Mayo | ||||||
| President & CEO (thru 1/31/15) | 50.00 | Yes (X) | $134,096 | $0 | $7,753 | |
| Keith Bjerke | ||||||
| Interim President (1/31/15-10/31/15) | 50.00 | Yes (X) | $157,579 | $0 | $4,513 | |
| John R Glover | ||||||
| President & CEO (From 10/15/15) | 50.00 | Yes (X) | $59,318 | $0 | $9,127 | |
| Allyson Peterson | ||||||
| VP of Finance/CFO | 50.00 | Yes (X) | $92,775 | $0 | $21,642 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $443,768 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $43,035 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 2 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (3 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Ruffalo Noel Levitz | |||||
| PO BOX 718 | Des Moines | IA | 50303 | Call Center Operations | $379,975 |
| Commonfund | |||||
| PO Box 5493 | Boston | MA | 02206 | Investment Fees | $185,186 |
| Media Productions LLC | |||||
| 3241 University Dr S | Fargo | ND | 581046221 | Event AV Services | $127,140 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 3 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $299,592 | FundraisingAmt |
| Government Grants | $10,000 | GovernmentGrantsAmt |
| All Other Contributions | $21,107,777 | AllOtherContributionsAmt |
| Noncash Contributions | $4,044,009 | NoncashContributionsAmt |
| Total Contributions | $21,417,369 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Alumni Records Fees | 611710 | $512,679 | $512,679 |
| Program Event Revenue | 611710 | $139,306 | $139,306 |
| Miscellaneous Income | 900099 | $53,893 | $53,893 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $705,878 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,341,164 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $31,611 | UnrelatedBusinessRevenueAmt |
| Exclusion | $2,309,553 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $185,641 | TotalRevenueColumnAmt |
| Exclusion | $185,641 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $2,507,964 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $3,089,106 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -$581,142 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$581,142 | TotalRevenueColumnAmt |
| Exclusion | -$581,142 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $18,961,314 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $17,777,667 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,183,647 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,183,647 | TotalRevenueColumnAmt |
| Exclusion | $1,183,647 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $282,398 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $299,592 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $323,292 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$40,894 | TotalRevenueColumnAmt |
| Exclusion | -$40,894 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $28,379 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $2,625 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $25,754 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $25,754 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|
| Alumni Travel | 561500 | $16,753 | $16,753 |
| Alumni Insurance, Net | 524298 | $8,630 | $8,630 |
| Advertising | 900099 | $2,500 | $2,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $27,883 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $25,265,300 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $731,632 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $59,494 | UnrelatedBusinessRevenueAmt |
| Exclusion | $3,056,805 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,936,300 | TotalAmt |
| Program Services | $18,936,300 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $488,712 | TotalAmt |
| Program Services | $93,399 | ProgramServicesAmt |
| Management And General | $301,914 | ManagementAndGeneralAmt |
| Fundraising | $93,399 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,241,340 | TotalAmt |
| Program Services | $171,816 | ProgramServicesAmt |
| Management And General | $573,280 | ManagementAndGeneralAmt |
| Fundraising | $496,244 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $111,679 | TotalAmt |
| Program Services | $15,533 | ProgramServicesAmt |
| Management And General | $50,507 | ManagementAndGeneralAmt |
| Fundraising | $45,639 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $356,945 | TotalAmt |
| Program Services | $33,208 | ProgramServicesAmt |
| Management And General | $190,921 | ManagementAndGeneralAmt |
| Fundraising | $132,816 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $129,710 | TotalAmt |
| Program Services | $20,232 | ProgramServicesAmt |
| Management And General | $65,446 | ManagementAndGeneralAmt |
| Fundraising | $44,032 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $71,988 | TotalAmt |
| Management And General | $71,988 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $54,475 | TotalAmt |
| Management And General | $54,475 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $378,875 | TotalAmt |
| Fundraising | $378,875 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $185,185 | TotalAmt |
| Management And General | $185,185 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $89,274 | TotalAmt |
| Management And General | $89,274 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $103,430 | TotalAmt |
| Program Services | $18,993 | ProgramServicesAmt |
| Management And General | $32,251 | ManagementAndGeneralAmt |
| Fundraising | $52,186 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $231,854 | TotalAmt |
| Program Services | $21,081 | ProgramServicesAmt |
| Management And General | $161,585 | ManagementAndGeneralAmt |
| Fundraising | $49,188 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $125,016 | TotalAmt |
| Program Services | $162 | ProgramServicesAmt |
| Management And General | $110,473 | ManagementAndGeneralAmt |
| Fundraising | $14,381 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $147,374 | TotalAmt |
| Management And General | $147,374 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $125,652 | TotalAmt |
| Program Services | $40,110 | ProgramServicesAmt |
| Management And General | $42,395 | ManagementAndGeneralAmt |
| Fundraising | $43,147 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $39,499 | TotalAmt |
| Program Services | $3,110 | ProgramServicesAmt |
| Management And General | $32,294 | ManagementAndGeneralAmt |
| Fundraising | $4,095 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $52,757 | TotalAmt |
| Management And General | $52,757 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $162,503 | TotalAmt |
| Management And General | $162,503 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $50,967 | TotalAmt |
| Management And General | $50,967 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Management And GeneralManagementAndGeneralAmt | Program ServicesProgramServicesAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Income Taxes | $14,837 | $14,837 | ||
| Event Expense | $332,516 | $136,331 | $143,145 | $53,040 |
| Public Relations/Donor | $107,926 | $15,580 | $59,298 | $33,048 |
| Dues & Subscriptions | $11,145 | $8,262 | $1,843 | $1,040 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,637 | TotalAmt |
| Fundraising | $4,637 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,554,596 | TotalAmt |
| Program Services | $19,558,230 | ProgramServicesAmt |
| Management And General | $2,550,599 | ManagementAndGeneralAmt |
| Fundraising | $1,445,767 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,741,717 | BOYAmt |
| EOY | $22,194,829 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,207,461 | BOYAmt |
| EOY | $32,431,134 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $124,462 | BOYAmt |
| EOY | $175,864 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,098,297 | BOYAmt |
| EOY | $1,021,995 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $47,881 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $85,232 | BOYAmt |
| EOY | $136,871 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $59,408,028 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $18,446,166 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,696,569 | BOYAmt |
| EOY | $40,961,862 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $126,895,418 | BOYAmt |
| EOY | $130,694,910 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,059,010 | BOYAmt |
| EOY | $16,980,883 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $983,397 | BOYAmt |
| EOY | $963,232 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $247,939,444 | BOYAmt |
| EOY | $245,561,580 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,030,363 | BOYAmt |
| EOY | $441,176 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,744,105 | BOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $43,463 | BOYAmt |
| EOY | $16,137 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,915,737 | BOYAmt |
| EOY | $16,201,961 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $399,741 | BOYAmt |
| EOY | $302,490 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $631,235 | BOYAmt |
| EOY | $7,037,743 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,051,978 | BOYAmt |
| EOY | $6,408,749 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,816,622 | BOYAmt |
| EOY | $30,408,256 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $36,043,242 | BOYAmt |
| EOY | $31,199,743 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $51,835,434 | BOYAmt |
| EOY | $37,574,402 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $131,244,146 | BOYAmt |
| EOY | $146,379,179 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $219,122,822 | BOYAmt |
| EOY | $215,153,324 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $247,939,444 | BOYAmt |
| EOY | $245,561,580 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $1,710,704 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$5,629,754 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$50,448 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| College Organization | Yes (X) | CollegeOrganizationInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $14,028,816 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $16,530,113 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $15,288,493 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $39,910,767 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $21,417,369 | CurrentTaxYearAmt |
| Total | $107,175,558 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $14,028,816 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $16,530,113 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $15,288,493 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $39,910,767 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $21,417,369 | CurrentTaxYearAmt |
| Total | $107,175,558 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $16,176,116 | SubstantialContributorsTotAmt |
| Public Support Total170 | $90,999,442 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,493,783 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $5,431,512 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $10,759,174 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $5,050,404 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $5,034,769 | CurrentTaxYearAmt |
| Total | $28,769,642 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $10,269 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus1 Year | $45,315 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $47,714 | CurrentTaxYearAmt |
| Total | $103,298 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $136,048,498 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $3,668,160 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.66890 | PublicSupportCY170Pct |
| Public Support PY170 | 0.62560 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part II, Short Year Explanation: | FormAndLineReferenceDesc |
| Explanation | Amounts reported in Schedule A, Part II, Section A and Section B, Column (a) are for the short period of 7/1/11 through 12/31/11. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | Yes (1) | VolunteersInd |
| Paid Staff Or Management | 0 | PaidStaffOrManagementInd |
| Media Advertisements | 0 | MediaAdvertisementsInd |
| Mailings Members | 0 | MailingsMembersInd |
| Publications Or Broadcast | 0 | PublicationsOrBroadcastInd |
| Grants Other Organizations | 0 | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | 0 | DirectContactLegislatorsInd |
| Rallies Demonstrations | 0 | RalliesDemonstrationsInd |
| Other Activities | 0 | OtherActivitiesInd |
| Total Lobbying Expenditures | $0 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | 0 | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part II-B, Line 1: | FormAndLineReferenceDesc |
| Explanation | Our board members have had conversations with state legislators to educate them on the difference in the funding of higher education institutions. | ExplanationTxt |
Schedule D IRS990ScheduleD
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets Included | $89,447 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Solicited Assets Sale | Yes (1) | SolicitedAssetsSaleInd |
| Agent Trustee Etc | 0 | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | Yes (1) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $138,010,237 | BeginningYearBalanceAmt |
| Contributions | $21,868,428 | ContributionsAmt |
| Investment Earnings Or Losses | -$1,756,349 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $2,954,508 | GrantsOrScholarshipsAmt |
| Other Expenditures | $10,381,449 | OtherExpendituresAmt |
| Administrative Expenses | $2,112,215 | AdministrativeExpensesAmt |
| End Year Balance | $142,674,144 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $121,989,430 | BeginningYearBalanceAmt |
| Contributions | $14,991,952 | ContributionsAmt |
| Investment Earnings Or Losses | $6,291,966 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $2,362,106 | GrantsOrScholarshipsAmt |
| Other Expenditures | $867,726 | OtherExpendituresAmt |
| Administrative Expenses | $2,033,279 | AdministrativeExpensesAmt |
| End Year Balance | $138,010,237 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $109,538,221 | BeginningYearBalanceAmt |
| Contributions | $6,401,027 | ContributionsAmt |
| Investment Earnings Or Losses | $16,211,546 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $2,390,330 | GrantsOrScholarshipsAmt |
| Other Expenditures | $5,933,315 | OtherExpendituresAmt |
| Administrative Expenses | $1,837,719 | AdministrativeExpensesAmt |
| End Year Balance | $121,989,430 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $96,182,964 | BeginningYearBalanceAmt |
| Contributions | $7,529,241 | ContributionsAmt |
| Investment Earnings Or Losses | $10,535,512 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $2,212,956 | GrantsOrScholarshipsAmt |
| Other Expenditures | $804,363 | OtherExpendituresAmt |
| Administrative Expenses | $1,692,177 | AdministrativeExpensesAmt |
| End Year Balance | $109,538,221 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $103,467,572 | BeginningYearBalanceAmt |
| Contributions | $3,370,336 | ContributionsAmt |
| Investment Earnings Or Losses | -$8,114,756 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,161,484 | GrantsOrScholarshipsAmt |
| Other Expenditures | $356,415 | OtherExpendituresAmt |
| Administrative Expenses | $1,022,289 | AdministrativeExpensesAmt |
| End Year Balance | $96,182,964 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.00360 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.87910 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.11730 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $2,049,166 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $1,282,777 | OtherCostOrOtherBasisAmt |
| Book Value | $3,331,943 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $7,138,253 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $42,349,008 | OtherCostOrOtherBasisAmt |
| Depreciation | $13,848,696 | DepreciationAmt |
| Book Value | $35,638,565 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,476,515 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,461,768 | DepreciationAmt |
| Book Value | $1,014,747 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,229,122 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,916,205 | DepreciationAmt |
| Book Value | $312,917 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $883,187 | OtherCostOrOtherBasisAmt |
| Depreciation | $219,497 | DepreciationAmt |
| Book Value | $663,690 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $40,961,862 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (3 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| Mineral Interest | $42,285 | C |
| Partnership Funds | $12,840,190 | F |
| Real Estate Fund | $4,098,408 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $16,980,883 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| Gift Annuities Payable | $2,806,558 |
| Trusts Payable | $3,610,554 |
| Due To Fossum | -$67,727 |
| Special Assessments Payable | $59,364 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $6,408,749 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part III, Line 1a: | In 2015 the Foundation received a donation of 1,314 pieces of artwork valued at $1,267,134. The Foundation has made the election as permitted under SFAS 116 (ASC 958) to not report this donation in its revenue statement and balance sheet. |
| Part III, Line 4: | Bronze statue and wall hanging, depicting the bison mascot and symbol of NDSU. Items are on public display to promote the University. Collection of art is displayed on campus to promote the visual arts and used in study for related majors. |
| Part IV, Line 2b: | Cash and cash equivalents held for others consist of funds held and invested for various organizations. Investments held for others represent the portion of charitable remainder unitrusts for which the Foundation holds the assets, but is not the beneficiary. |
| Part V, Line 4: | The endowment funds held by North Dakota State University Development Foundation have been established to follow donors' wishes to provide an ongoing reliable source of funding to North Dakota State University for student scholarships, faculty support, departmental support and organization operations. |
| Part X, Line 2: | The Foundation is a publicly supported organization under Internal Revenue Code Section 501(c)(3), and is classified as an organization which is not a private foundation. Accordingly the Foundation is not subject to federal income taxes. In addition, the Foundation is subject to income tax on net income that is derived from business activities that are unrelated to its exempt purposes. The Foundation believes that it has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements. The Foundation would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred. The Foundation's Form 990-T and other income tax filings required by the state of North Dakota are no longer subject to tax examination for years before 2012. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | Central America and the Caribbean - | RegionTxt |
| Type Of Activities Conducted | Investments | TypeOfActivitiesConductedTxt |
| Region Total Expenditures | $27,133,630 | RegionTotalExpendituresAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continutation Total Office | 0 | ContinutationTotalOfficeCnt |
| Continutation Total Employee | 0 | ContinutationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $27,133,630 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $27,133,630 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (1) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone Solicitations | Yes (X) | PhoneSolicitationsInd |
| Agrmt Prof Fundraising Acty | Yes (1) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Ruffalo Noel Levitz | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 718 | AddressLine1Txt |
| City | Des Moines | CityNm |
| State Abbreviation | IA | StateAbbreviationCd |
| ZIP | 503030718 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | Student Telemarketing | ActivityTxt |
| Fundraiser Control Of Funds | 0 | FundraiserControlOfFundsInd |
| Gross Receipts | $401,422 | GrossReceiptsAmt |
| Retained By Contractor | $378,875 | RetainedByContractorAmt |
| Net To Organization | $22,547 | NetToOrganizationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | $401,422 | TotalGrossReceiptsAmt |
| Total Retained By Contractors | $378,875 | TotalRetainedByContractorsAmt |
| Total Net To Organization | $22,547 | TotalNetToOrganizationAmt |
| Licensed States | MN | LicensedStatesCd |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | BBB Auction | Event1Nm |
| Gross Receipts Event1 | $392,305 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $234,390 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $157,915 | GrossRevenueEvent1Amt |
| Non Cash Prizes Event1 | $157,915 | NonCashPrizesEvent1Amt |
| Rent Facility Costs Event1 | $41,755 | RentFacilityCostsEvent1Amt |
| Event2 | BBB Dinner | Event2Nm |
| Gross Receipts Event2 | $83,250 | GrossReceiptsEvent2Amt |
| Gross Revenue Event2 | $83,250 | GrossRevenueEvent2Amt |
| Rent Facility Costs Event2 | $4,525 | RentFacilityCostsEvent2Amt |
| Food And Beverage Event2 | $61,574 | FoodAndBeverageEvent2Amt |
| Other Direct Expenses Event2 | $7,926 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 2 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $103,437 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $65,202 | CharitableContriOtherEventsAmt |
| Gross Revenue Other Events | $38,235 | GrossRevenueOtherEventsAmt |
| Non Cash Prizes Other Events | $11,591 | NonCashPrizesOtherEventsAmt |
| Rent Fclty Costs Other Events | $14,652 | RentFcltyCostsOtherEventsAmt |
| Food And Beverage Other Events | $15,362 | FoodAndBeverageOtherEventsAmt |
| Entertainment Other Events | $2,990 | EntertainmentOtherEventsAmt |
| Oth Direct Expnss Other Events | $5,001 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $578,992 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $299,592 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $279,400 | GrossRevenueTotalEventsAmt |
| Non Cash Prizes Total Events | $169,506 | NonCashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $60,932 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $76,936 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $2,990 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $12,927 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $323,291 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$43,891 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| North Dakota State University | |||||||
| 1340 Administration Ave | Fargo | ND | 58102 | 456002439 | NDSU | $17,968,800 | Cash grants provided for student scholarships, faculty support, departmental support for equipment, research, supplies, travel, etc. |
| Team Makers Club Inc | |||||||
| 1002 28th St S Ste B | Fargo | ND | 58103 | 456014085 | 501(c)(3) | $967,500 | Construction of the NDSU Sports Bubble |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 2 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2: | FormAndLineReferenceDesc |
| Explanation | Grants are paid to or at the direction of North Dakota State University for scholarships, departmental expenses, grants, and buildings and equipment. We provide grants in accordance with applicable donor restrictions. The use of these grant funds are monitored throughout the year through the Request of Payment process and scholarship process. In addition, we rely on the University to monitor appropriate use of funds. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (1) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Keith Bjerke | PersonNm |
| Title | Interim President (1/31/15-10/31/15) | TitleTxt |
| Base Compensation Filing Org | $151,136 | BaseCompensationFilingOrgAmt |
| Compensation Based On Rltd Orgs | $0 | CompensationBasedOnRltdOrgsAmt |
| Bonus Filing Organization | $0 | BonusFilingOrganizationAmount |
| Bonus Related Organizations | $0 | BonusRelatedOrganizationsAmt |
| Other Compensation Filing Org | $6,443 | OtherCompensationFilingOrgAmt |
| Other Compensation Rltd Orgs | $0 | OtherCompensationRltdOrgsAmt |
| Deferred Compensation Flng Org | $4,513 | DeferredCompensationFlngOrgAmt |
| Deferred Comp Rltd Orgs | $0 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Filing Org | $820 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $0 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $162,912 | TotalCompensationFilingOrgAmt |
| Total Compensation Rltd Orgs | $0 | TotalCompensationRltdOrgsAmt |
| Comp Report Prior990 Filing Org | $0 | CompReportPrior990FilingOrgAmt |
| Comp Report Prior990 Rltd Orgs | $0 | CompReportPrior990RltdOrgsAmt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Line 1a | A housing allowance was provided to the incoming President/CEO while he sought a permanent residence, per his employment agreement. All such payments were treated and taxed as compensation. |
| Part I, Line 1b | This was a special provision of the employment contract for the President/CEO. The Search Committee determined the provisions of the contract which was reviewed and approved by the Executive Committee. |
| Part I, Line 4a | Former President/CEO Doug Mayo received severance payments of $78,064.36 in cash and a vehicle valued at $35,955.84. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (3 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd | CUSIPCUSIPNum |
|---|---|---|---|---|---|---|---|---|
| Cass County ND | ||||||||
| A | 456002205 | 2005-12-20 | $3,500,000 | Finance Construction & Equipment of Offices | 0 | 0 | 0 | |
| North Dakota State University Development Foundation | ||||||||
| B | 237120898 | 2010-12-17 | $5,650,000 | Payment of loan incurred for renovation of bldg for classrooms and offices | 0 | Yes (1) | 0 | |
| City of Fargo ND | ||||||||
| C | 456002069 | 2012-05-23 | $12,145,894 | To refund bonds issued 11/29/2007 | 0 | 0 | 0 | 307522BC5 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Total ProceedsTotalProceedsAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Capital ExpendituresCapitalExpendituresAmt | Substantial CompletionSubstantialCompletionYr | Current RefundingCurrentRefundingInd | Advance RefundingAdvanceRefundingInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd | Other Spent ProceedsOtherSpentProceedsAmt |
|---|---|---|---|---|---|---|---|---|---|---|
| A | $2,043,039 | $3,500,000 | $18,500 | $3,481,500 | 2007 | 0 | 0 | Yes (1) | Yes (1) | |
| B | $970,000 | $5,650,000 | $31,489 | $5,618,511 | 2010 | 0 | 0 | Yes (1) | Yes (1) | |
| C | $2,080,894 | $12,145,894 | $162,239 | 2012 | Yes (1) | 0 | Yes (1) | Yes (1) | $11,983,655 |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (3 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Private Bus Concerning UBIPrivateBusConcerningUBIPct | Total Private Business UseTotalPrivateBusinessUsePct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | Yes (1) |
| B | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | Yes (1) |
| C | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | Yes (1) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (3 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | Yes (1) | 0 | 0 | 0 | 0 | Yes (1) |
| B | 0 | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| C | 0 | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | Yes (1) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (3 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (1) |
| B | Yes (1) |
| C | Yes (1) |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Date Rebate Computation Performed | FormAndLineReferenceDesc |
| Explanation | Issuer Name: Cass County, ND Date the Rebate Computation was Performed: 11/30/2007 | ExplanationTxt |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PBNJ LLC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | Entity 100% owned by Foundation Board Trustees Robert Challey & James Roers | RelationshipDescriptionTxt |
| Transaction | $614,992 | TransactionAmt |
| Transaction | Purchase of four residential properties. | TransactionDesc |
| Sharing Of Revenues | 0 | SharingOfRevenuesInd |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 3 | ContributionCnt |
| Noncash Contributions Rpt F990 | $4,500 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Art Historical Treasures ArtHistoricalTreasuresGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 4 | ContributionCnt |
| Noncash Contributions Rpt F990 | $29,622 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Clothing And Household Goods ClothingAndHouseholdGoodsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $95,568 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 42 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,651,873 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Average High/Low | MethodOfDeterminingRevenuesTxt |
Securities Closely Held Stock SecuritiesCloselyHeldStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $15,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Audited Value | MethodOfDeterminingRevenuesTxt |
Real Estate Residential RealEstateResidentialGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $774,809 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Collectibles CollectiblesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $49,758 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Appraised Value | MethodOfDeterminingRevenuesTxt |
Food Inventory FoodInventoryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 2 | ContributionCnt |
| Noncash Contributions Rpt F990 | $16,582 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | Grain | Desc |
| Contribution | 6 | ContributionCnt |
| Noncash Contributions Rpt F990 | $139,163 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 1 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section A, line 1 | The Organization's Executive Committee consists of 14 members including five trustee officers of the Organization and nine other trustees. The President of North Dakota State University, the President and CEO of the Development Foundation, and the Chair of the Board and Vice Chair of the NDSU Alumni Association Board of Directors shall serve as ex-officio, non-voting members. During the interval between semi-annual meetings of the board of trustees, the Executive Committee has the authority to act on behalf of the board on any matter other than election of trustees or revision of the Organization's bylaws. |
| Form 990, Part VI, Section A, line 2 | Robert E. Challey and James Roers have a business relationship. Julie Burgum and Barbara Burgum have a family relationship. Paul Cossette and Dave Ekman have a business relationship. |
| Form 990, Part VI, Section B, line 11 | The Form 990 was reviewed by the Audit Committee before filing. After filing the Form 990, the Public Disclosure copy will be sent to all trustees. |
| Form 990, Part VI, Section B, line 12c | Foundation officers, trustees, and staff are required to report any potential conflicts of interest to the Chair of the Foundation Board, and the Foundation's Chief Staff Officer for review and possible remedial action. Such action may include holding the information on file, informing the board of the appearance of a conflict of interest, or requiring the trustee to either cease and desist the activity or to relinquish Foundation trusteeship. |
| Form 990, Part VI, Section B, line 15a | The process for determining compensation for the President and CEO is the responsibility of the Organization's seven member Compensation Committee. Five of the members are independent trustees and two are independent directors of the NDSU Alumni Association. The committee annually reviews mutually determined goals and objectives of the incumbent. Salary adjustments are based on a review of similar positions at 19 peer institutions, as determined by the ND State Board of Higher Education. In making salary recommendations, the committee takes advantage of information compiled annually by the College and University Personnel Association (CUPA) for those peer institutions. In turn, the President and CEO evaluates four direct reports using mutually agreed to goals and objectives for each person. The CUPA report is used for salary comparisons for similar positions at peer institutions. The President and CEO's recommendation on salary is forwarded to the Committee for review. As part of the annual budget, all salaries are then approved, in turn, by the Finance Committee and the Executive Committee. |
| Form 990, Part VI, Section C, line 19 | The Organization's governing documents, conflict of interest policy and financial statements are available upon request. In addition, the most recent audited financial statements are available on our website. |
| Form 990, Part XI, line 9: | Change in Split Interest Agreements -125,448. Fossum Transfer 75,000. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Direct Controlling NADirectControllingNACd | Controlled OrganizationControlledOrganizationInd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| NDSU Alumni Association | |||||||||||
| 1241 University Dr N | Fargo | ND | 58102 | 450173089 | Alumni Relations | ND | 501(c)(3) | Line 5 | N/A | 0 | |
| Fossum Foundation Inc | |||||||||||
| 1241 University Dr N | Fargo | ND | 58102 | 456013302 | Supporting Organization | ND | 501(c)(3) | Line 11a, I | Yes (1) | North Dakota State University Development Foundation | |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (3 entries)
| Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Direct Controlling NADirectControllingNACd | Entity TypeEntityTypeTxt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|
| Charitable Remainder Unitrusts (29) | ||||
| Charitable Trust | ND | N/A | T | Yes (1) |
| Charitable Remainder Annuity Trust (1) | ||||
| Charitable Trust | ND | N/A | T | Yes (1) |
| Perpetual Trust (1) | ||||
| Charitable Trust | MN | N/A | T | Yes (1) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | Yes (1) | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (1) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (2 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| Fossum Foundation Inc | ||
| S | $75,000 | General Ledger |
| Fossum Foundation Inc | ||
| E | $67,727 | General Ledger |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Form 990, Schedule R, Part II | FormAndLineReferenceDesc |
| Explanation | The NDSU Alumni Association's relationship is such that all activity is consolidated with the filing Organization. | ExplanationTxt |