GREATER FARGO MOORHEAD ECONOMIC DEVELOPMENT CORPORATION: Form 990, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- GREATER FARGO MOORHEAD ECONOMIC DEVELOPMENT CORPORATION (EIN 45-6011769)
- Tax period
- 2014-01-01 to 2014-12-31
- Filed
- 2015-06-01
- IRS object ID
- 201531529349300518
- Schema version
- 2014v5.0
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-06-01T11:50:08-05:00 | ReturnTs |
| Tax Period End | 2014-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 416134264 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FIEBIGER SWANSON WEST & COPLLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2537 S UNIVERSITY DR STE 200 | AddressLine1Txt |
| City | FARGO | CityNm |
| State Abbreviation | ND | StateAbbreviationCd |
| ZIP | 58103 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2014-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 456011769 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GREATER FARGO MOORHEAD ECONOMIC | BusinessNameLine1Txt |
| Business Name Line2 | DEVELOPMENT CORPORATION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | GREA | BusinessNameControlTxt |
| Phone | 7013641900 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 51 BROADWAY NO 500 | AddressLine1Txt |
| City | FARGO | CityNm |
| State Abbreviation | ND | StateAbbreviationCd |
| ZIP | 58102 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JAMES P GARTIN | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 7013641900 | PhoneNum |
| Signature | 2015-05-26 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JEREMY ULMER CPA | PreparerPersonNm |
| PTIN | P01218756 | PTIN |
| Phone | 7012802100 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JAMES P GARTIN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 51 BROADWAY SUITE 500 | AddressLine1Txt |
| City | FARGO | CityNm |
| State Abbreviation | ND | StateAbbreviationCd |
| ZIP | 58102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $932,675 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.GFMEDC.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1946 | FormationYr |
| Legal Domicile State | ND | LegalDomicileStateCd |
| Activity Or Mission | TO GROW & DIVERSIFY THE ECONOMIES OF CASS COUNTY ND AND CLAY COUNTY MN | ActivityOrMissionDesc |
| Voting Members Governing Body | 32 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 32 | VotingMembersIndependentCnt |
| Total Employee | 11 | TotalEmployeeCnt |
| Total Volunteers | 32 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $953,441 | PYContributionsGrantsAmt |
| CY Contributions Grants | $893,148 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $42,131 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $33,228 | CYProgramServiceRevenueAmt |
| PY Investment Income | $4,076 | PYInvestmentIncomeAmt |
| CY Investment Income | $6,299 | CYInvestmentIncomeAmt |
| PY Other Revenue | $4,500 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $1,004,148 | PYTotalRevenueAmt |
| CY Total Revenue | $932,675 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $69,523 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $108,171 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $754,795 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $821,428 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $23,135 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $328,326 | PYOtherExpensesAmt |
| CY Other Expenses | $403,938 | CYOtherExpensesAmt |
| PY Total Expenses | $1,152,644 | PYTotalExpensesAmt |
| CY Total Expenses | $1,333,537 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$148,496 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$400,862 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $2,861,543 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,472,059 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $18,881 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $30,259 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $2,842,662 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $2,441,800 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | TO GROW AND DIVERSIFY THE ECONOMY IN CASS COUNTY, ND AND CLAY COUNTY, MN, THROUGH THE ATTRACTION, RETENTION, AND EXPANSION OF PRIMARY SECTOR BUSINESSES | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $964,731 | ExpenseAmt |
| Grant | $108,171 | GrantAmt |
| Revenue | $33,228 | RevenueAmt |
| Desc | THE CORPORATION PROMOTES AND DEVELOPS THE INDUSTRIAL AND ECONOMIC DEVELOPMENT OF CASS COUNTY, NORTH DAKOTA AND CLAY COUNTY, MINNESOTA, INCLUDING FARGO-MOORHEAD, USA. THIS PROMOTION AND DEVELOPMENT IS DONE THROUGH PROGRAMS AND ACTIVITIES DESIGNED TO BETTER INFORM EXISTING AND POTENTIAL BUSINESSES ABOUT THE BENEFITS OF LOCATING BUSINESS IN THIS REGION. THE OVERALL AIM IS TO IMPROVE THE ECONOMIC WELL-BEING OF THE RESIDENTS OF THE AREA. THE ORGANIZATION WORKS WITH THE ND DEPARTMENT OF COMMERCE AND MINNESOTA DEPARTMENT OF EMPLOYMENT AND ECONOMIC DEVELOPMENT IN BRINGING NEW BUSINESS TO THE STATE. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $52,452 | ExpenseAmt |
| Desc | BUSINESS RECRUITMENT: THE OBJECTIVE OF THE BUSINESS RECRUITMENT PROGRAM IS TO GROW THE REGIONAL ECONOMY AND CREATE JOBS FOR THE CITIZENS IN CASS COUNTY, ND AND CLAY COUNTY, MN BY ATTRACTING NEW PRIMARY SECTOR BUSINESSES. IN 2014, THE PROGRAM WORKED WITH 17 BUSINESSES INTERESTED IN LOCATING OR RELOCATING IN CASS AND CLAY COUNTIES. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $51,924 | ExpenseAmt |
| Desc | WORKFORCE DEVELOPMENT AND RECRUITMENT PROGRAM: THE OBJECTIVE OF THE WORKFORCE DEVELOPMENT AND RECRUITMENT PROGRAM IS TO ASSIST PRIMARY SECTOR BUSINESS LOCATED IN CASS COUNTY, ND AND CLAY COUNTY, MN WITH THE DEVELOPMENT AND RECRUITMENT OF SKILLED WORKERS. DOING SO HELPS GROW THE REGION'S POPULATION AND TAX BASE AND HELPS ATTRACT AND RETAIN PRIMARY SECTOR BUSINESSES. IN 2014, WE SPONSORED AND PARTICIPATED IN PROGRAMS THAT SUPPORTED THE RECRUITMENT, RETENTION, AND DEVELOPMENT OF WORKFORCE. THE MANUFACTURING TOURS ALLOWED APPROXIMATELY 260 STUDENTS TO TOUR LOCAL AREA MANUFACTURING COMPANIES. TEACHERS IN INDUSTRY SUPPORTED SEVEN TEACHERS AND ONE PROFESSOR FOR FOUR WEEKS AT LOCAL COMPANIES. THE PROGRAM ALSO EXPANDED INTO BISMARCK, WITH TWO TEACHERS BEING HOSTED AT A LOCAL COMPANY. THE TEACHERS OBSERVED PROJECT-BASED LEARNING AND GAINED IDEAS FOR MAKING CLASSROOM CURRICULUM CHANGES. SMART CONNECTIONS INTRODUCES NEW RESIDENTS TO OTHER NEW RESIDENTS AND TO THE COMMUNITY OF FARGO MOORHEAD. THE HEALTH, TECH, AND TRADES EXPO EXPOSES NINTH GRADE STUDENTS TO CAREER OPPORTUNITIES IN THE HEALTH, TECH AND TRADE INDUSTRIES. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $4,123 | ExpenseAmt |
| Desc | BUSINESS RETENTION/EXPANSION: THE OBJECTIVE OF THE BUSINESS RETENTION EXPANSION PROGRAM IS TO GROW THE REGIONAL ECONOMY AND CREATE JOBS FOR THE CITIZENS IN CASS COUNTY, ND AND CLAY COUNTY, MN BY RETAINING EXISTING PRIMARY SECTOR BUSINESSES AND HELPING THEM EXPAND THEIR INVESTMENT AND EMPLOYMENT. THE PROGRAM SERVES 220 PRIMARY SECTOR BUSINESSES BETWEEN BOTH COUNTIES. THE GOAL IS TO MEET WITH THESE COMPANIES ON AN ONGOING BASIS AND ADDRESS ANY BUSINESS ISSUES THAT THEY MAY HAVE. WE ALSO HELP THOSE COMPANIES ACCESS THE TOOLS NEEDED TO HELP THEM EXPAND IN THE REGION. AS ISSUES ARISE, WE STRIVE TO ADDRESS THOSE CONCERNS AND WORK WITH PUBLIC OFFICIALS AND POLICY MAKERS IN CREATING A REGIONAL ENVIRONMENT THAT IS CONDUCIVE FOR ALL PRIMARY SECTOR COMPANIES. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $4,123 | TotalOtherProgSrvcExpenseAmt |
| Total Program Service Expenses | $1,073,230 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | 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 | 0 | TaxExemptBondsInd |
| 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 | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 10 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 11 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| 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 | 32 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 32 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | 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 | Yes (1) | 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 |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LISBETH A LARSON | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7013641909 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 51 BROADWAY SUITE 500 | AddressLine1Txt |
| City | FARGO | CityNm |
| State Abbreviation | ND | StateAbbreviationCd |
| ZIP | 58102 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (33 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| TAMMY MILLER | ||||||
| BOARD CHAIR | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| JEFFRY VOLK | ||||||
| CHAIR-ELECT | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| RANDY GERHOLD | ||||||
| TREASURER | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| JUDD GRAHAM | ||||||
| SECRETARY | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| MARSHAL ALBRIGHT | ||||||
| EXECUTIVE COMMITTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |
| JAMES BURGUM | ||||||
| AT-LARGE DIRECTOR | 0.30 | Yes (X) | $0 | $0 | $0 | |
| TOM BUDAN | ||||||
| EXECUTIVE COMMITTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |
| GRANT WEYLAND | ||||||
| EXECUTIVE COMMITTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |
| RICH GOLDSBURY | ||||||
| AT-LARGE DIRECTOR | 0.30 | Yes (X) | $0 | $0 | $0 | |
| BRYCE JOHNSON | ||||||
| AT-LARGE DIRECTOR | 0.30 | Yes (X) | $0 | $0 | $0 | |
| KELBY KRABBENHOFT | ||||||
| AT-LARGE DIRECTOR | 0.30 | Yes (X) | $0 | $0 | $0 | |
| DENISE KOLPACK | ||||||
| AT-LARGE DIRECTOR | 0.30 | Yes (X) | $0 | $0 | $0 | |
| TODD KUMM | ||||||
| AT-LARGE DIRECTOR | 0.30 | Yes (X) | $0 | $0 | $0 | |
| DENISE MAGNESS | ||||||
| AT-LARGE DIRECTOR | 0.30 | Yes (X) | $0 | $0 | $0 | |
| BILL MARCIL JR | ||||||
| AT-LARGE DIRECTOR | 0.30 | Yes (X) | $0 | $0 | $0 | |
| MARTIN PURDY | ||||||
| AT-LARGE DIRECTOR | 0.30 | Yes (X) | $0 | $0 | $0 | |
| TERESA WARNE | ||||||
| AT-LARGE DIRECTOR | 0.30 | Yes (X) | $0 | $0 | $0 | |
| DR ANNE BLACKHURST | ||||||
| AGENCY DIRECTOR | 0.30 | Yes (X) | $0 | $0 | $0 | |
| DR DEAN BRESCIANI | ||||||
| AGENCY DIRECTOR | 0.30 | Yes (X) | $0 | $0 | $0 | |
| KEVIN CAMPBELL | ||||||
| AGENCY DIRECTOR | 0.30 | Yes (X) | $0 | $0 | $0 | |
| DR WILLIAM CRAFT | ||||||
| AGENCY DIRECTOR | 0.30 | Yes (X) | $0 | $0 | $0 | |
| DR DAVID FLOWERS | ||||||
| COMMUNITY DIRECTOR | 0.30 | Yes (X) | $0 | $0 | $0 | |
| LYNNE KOVASH | ||||||
| COMMUNITY DIRECTOR | 0.30 | Yes (X) | $0 | $0 | $0 | |
| DR TIM MAHONEY | ||||||
| AGENCY DIRECTOR | 0.30 | Yes (X) | $0 | $0 | $0 | |
| RICH MATTERN | ||||||
| AGENCY DIRECTOR | 0.30 | Yes (X) | $0 | $0 | $0 | |
| BRAD MORRIS | ||||||
| AGENCY DIRECTOR | 0.30 | Yes (X) | $0 | $0 | $0 | |
| CHAD PETERSON | ||||||
| EXECUTIVE COMMITTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |
| BRAD SCHLOSSMAN | ||||||
| EXECUTIVE COMMITTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |
| DELTON STEELE | ||||||
| AT-LARGE DIRECTOR | 0.30 | Yes (X) | $0 | $0 | $0 | |
| RICK STEEN | ||||||
| AGENCY DIRECTOR | 0.30 | Yes (X) | $0 | $0 | $0 | |
| DR JEFFRY SCHATZ | ||||||
| COMMUNITY DIRECTOR | 0.30 | Yes (X) | $0 | $0 | $0 | |
| MAYOR DEL RAE WILLIAMS | ||||||
| AGENCY DIRECTOR | 0.30 | Yes (X) | $0 | $0 | $0 | |
| JAMES P GARTIN | ||||||
| PRESIDENT | 40.00 | Yes (X) | $182,800 | $0 | $31,250 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $182,800 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $31,250 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 1 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $655,500 | GovernmentGrantsAmt |
| All Other Contributions | $237,648 | AllOtherContributionsAmt |
| Total Contributions | $893,148 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | JOB TRAINING PROGRAM | Desc |
| Business | 561000 | BusinessCd |
| Total Revenue Column | $33,228 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $33,228 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $33,228 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $6,299 | TotalRevenueColumnAmt |
| Exclusion | $6,299 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $932,675 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $33,228 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $6,299 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $108,171 | TotalAmt |
| Program Services | $108,171 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $214,050 | TotalAmt |
| Management And General | $192,645 | ManagementAndGeneralAmt |
| Fundraising | $21,405 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $465,812 | TotalAmt |
| Program Services | $465,812 | ProgramServicesAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $36,872 | TotalAmt |
| Program Services | $36,872 | ProgramServicesAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $62,767 | TotalAmt |
| Program Services | $62,767 | ProgramServicesAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $41,927 | TotalAmt |
| Program Services | $25,553 | ProgramServicesAmt |
| Management And General | $14,737 | ManagementAndGeneralAmt |
| Fundraising | $1,637 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $145 | TotalAmt |
| Management And General | $145 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,831 | TotalAmt |
| Management And General | $14,831 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $49,483 | TotalAmt |
| Program Services | $49,390 | ProgramServicesAmt |
| Fundraising | $93 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,010 | TotalAmt |
| Program Services | $21,010 | ProgramServicesAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,053 | TotalAmt |
| Program Services | $24,053 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $68,718 | TotalAmt |
| Program Services | $68,718 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,955 | TotalAmt |
| Program Services | $6,955 | ProgramServicesAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,267 | TotalAmt |
| Program Services | $23,887 | ProgramServicesAmt |
| Management And General | $380 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,885 | TotalAmt |
| Program Services | $24,885 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,086 | TotalAmt |
| Program Services | $4,086 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| WORKFORCE DEVELOPMENT | $80,674 | $80,674 | |
| BAD DEBT | $42,940 | $42,940 | |
| DUES & MEMBERSHIPS | $14,118 | $14,118 | |
| MISCELLANEOUS | $9,993 | $2,585 | $7,408 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,780 | TotalAmt |
| Program Services | $10,754 | ProgramServicesAmt |
| Management And General | $7,026 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,333,537 | TotalAmt |
| Program Services | $1,073,230 | ProgramServicesAmt |
| Management And General | $237,172 | ManagementAndGeneralAmt |
| Fundraising | $23,135 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,004,671 | BOYAmt |
| EOY | $1,997,431 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $743,840 | BOYAmt |
| EOY | $405,035 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,000 | BOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,802 | BOYAmt |
| EOY | $7,086 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $169,535 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $117,217 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $66,730 | BOYAmt |
| EOY | $52,318 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,500 | BOYAmt |
| EOY | $10,189 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,861,543 | BOYAmt |
| EOY | $2,472,059 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,881 | BOYAmt |
| EOY | $30,259 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,881 | BOYAmt |
| EOY | $30,259 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,098,822 | BOYAmt |
| EOY | $2,036,765 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $743,840 | BOYAmt |
| EOY | $405,035 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,842,662 | BOYAmt |
| EOY | $2,441,800 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,861,543 | BOYAmt |
| EOY | $2,472,059 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$400,862 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| 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) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| 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) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $768,857 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,520,398 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,216,353 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $953,441 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $893,148 | CurrentTaxYearAmt |
| Total | $5,352,197 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $768,857 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,520,398 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,216,353 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $953,441 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $893,148 | CurrentTaxYearAmt |
| Total | $5,352,197 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $5,352,197 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $12,535 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $11,429 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $9,751 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $8,576 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,299 | CurrentTaxYearAmt |
| Total | $48,590 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $5,400,787 | TotalSupportAmt |
| Public Support CY170 | 0.99100 | PublicSupportCY170Pct |
| Public Support PY170 | 0.94560 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
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 D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $11,638 | OtherCostOrOtherBasisAmt |
| Depreciation | $5,431 | DepreciationAmt |
| Book Value | $6,207 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $114,370 | OtherCostOrOtherBasisAmt |
| Depreciation | $80,351 | DepreciationAmt |
| Book Value | $34,019 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $43,527 | OtherCostOrOtherBasisAmt |
| Depreciation | $31,435 | DepreciationAmt |
| Book Value | $12,092 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $52,318 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $932,675 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Not Reported | $0 | RevenueNotReportedAmt |
| Revenue Subtotal | $932,675 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $932,675 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $1,333,537 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $1,333,537 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $1,333,537 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | ACCORDING TO GAAP, GREATER FARGO MOORHEAD ECONOMIC DEVELOPMENT CORPORATION IS REQUIRED TO RECORD A LIABILITY FOR UNCERTAIN TAX POSITIONS WHEN IT IS PROBABLE THAT A LOSS HAS BEEN INCURRED AND THE AMOUNT CAN BE REASONABLY ESTIMATED. AS OF DECEMBER 31, 2014, NO SUCH LIABILITY EXISTED. MANAGEMENT WILL CONTINUALLY EVALUATE EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW, AND NEW AUTHORITATIVE RULINGS. |
| PART X, LINE 2 | THE ORGANIZATION IS ORGANIZED AS A NORTH DAKOTA NONPROFIT CORPORATION AND HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE (IRS) AS EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND SECTION 57-38-09 OF THE NORTH DAKOTA CENTURY CODE, RESPECTIVELY. THE ORGANIZATION IS ANNUALLY REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE IRS. IN ADDITION, THE ORGANIZATION IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO ITS EXEMPT PURPOSE. THE ORGANIZATION HAS BEEN DETERMINED THAT IT IS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAX AND HAS NOT FILED AN EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN (FORM 990-T) WITH THE IRS. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (9 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Address Line2USAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| CONCORDIA GLOBAL VACCINE INSTITUTE | ||||||||
| 901 8TH ST S | MOORHEAD | MN | 56562 | 410693977 | 501(C)(3) | $14,000 | SCHOLARSHIPS | |
| MINNESOTA STATE UNIVERSITY MOORHEAD | ||||||||
| 1104 7TH AVE S | MOORHEAD | MN | 56563 | 411687554 | STATE OF MINNESOTA | $9,500 | SCHOLARSHIPS | |
| MUNICIPAL AIRPORT AUTHORITY | ||||||||
| PO BOX 2845 | FARGO | ND | 58108 | 456002069 | CITY OF FARGO | $15,616 | AIR SERVICE GRANT | |
| FARGO MOORHEAD AREA FOUNDATION | ||||||||
| 502 FIRST AVE N SUITE 202 | FARGO | ND | 581024873 | 456010377 | 501(C)(3) | $12,500 | GENERAL OPERATING AND PROGRAM SUPPORT | |
| EMERGING PRAIRIE | ||||||||
| 503 7TH ST N SUITE 109 | FARGO | ND | 58102 | 463567741 | $12,500 | GENERAL OPERATING AND PROGRAM SUPPORT | ||
| IMPACT FOUNDATION | ||||||||
| 4141 28TH AVE S | FARGO | ND | 58104 | 200520386 | 501(C)(3) | $5,000 | GENERAL OPERATING AND PROGRAM SUPPORT | |
| CENTER FOR INNOVATION FOUNDATION | ||||||||
| UNIVERSITY OF NORTH DAKOTA 4200 | GRAND FORKS | ND | 58203 | 450422671 | 501(C)(3) | $5,000 | GENERAL OPERATING AND PROGRAM SUPPORT | JAMES RAV DRIVE |
| COCO LLC | ||||||||
| 400 SOUTH 4TH STREET SUITE 401M | MINNEAPOLIS | MN | 55415 | 450700114 | $27,033 | GENERAL OPERATING AND PROGRAM SUPPORT | ||
| MIDWEST MOBILE | ||||||||
| 503 7TH ST N SUITE 300 | FARGO | ND | 58102 | 461756680 | $5,000 | GENERAL OPERATING AND PROGRAM SUPPORT | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 6 | Total501c3OrgCnt |
| Total Other Org | 2 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATIONS THAT RECEIVE GRANTS FROM THE EDC ARE REQUIRED TO REPORT BACK TO THE BOARD OF DIRECTORS ON THE DISTRIBUTION OF GRANT PROCEEDS. THE MINNESOTA STATE UNIVERITY MOORHEAD (MSUM) GRANT PAYMENT WAS FOR SCHOLARSHIP AWARDS. THE PAYMENT WAS MADE DIRECTLY TO MSUM TO ENSURE THE SCHOLARSHIPS WERE USED FOR STUDENT EDUCATION. MSUM REPORTS BACK TO THE EDC REGARDING THE RECIPIENTS OF THE SCHOLARSHIPS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Discretionary Spending Acct | Yes (X) | DiscretionarySpendingAcctInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | 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 | JAMES P GARTIN | PersonNm |
| Title | PRESIDENT | TitleTxt |
| Base Compensation Filing Org | $147,425 | BaseCompensationFilingOrgAmt |
| Compensation Based On Rltd Orgs | $0 | CompensationBasedOnRltdOrgsAmt |
| Bonus Filing Organization | $0 | BonusFilingOrganizationAmount |
| Bonus Related Organizations | $0 | BonusRelatedOrganizationsAmt |
| Other Compensation Filing Org | $35,375 | OtherCompensationFilingOrgAmt |
| Other Compensation Rltd Orgs | $0 | OtherCompensationRltdOrgsAmt |
| Deferred Compensation Flng Org | $0 | DeferredCompensationFlngOrgAmt |
| Deferred Comp Rltd Orgs | $0 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Filing Org | $31,250 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $0 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $214,050 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 1A | FormAndLineReferenceDesc |
| Explanation | UPON WRITTEN PROOF OF EXPENSES UNDER AN ACCOUNTABLE PLAN, THE EDC PAID THE CREDIT CARD COMPANY DIRECTLY FOR BUSINESS RELATED EXPENSES FOR JAMES P GARTIN, SUCH AS BUSINESS TRAVEL EXPENSES AND MEETING EXPENSES. THE EDC PAID FOR CLUB FEES FOR JAMES P GARTIN. THE PURPOSE OF THE MEMBERSHIP WAS FOR CLIENT MEETINGS. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 1 | THE BOARD OF DIRECTORS CONSISTS OF 33 MEMBERS, ALL WITH VOTING RIGHTS. THE EXECUTIVE COMMITTEE CONSISTS OF 9 MEMBERS THAT CONSISTS OF MEMBERS OF THE FULL GOVERNING BOARD. THE EXECUTIVE COMMITTEE IS AN OVERSIGHT COMMITTEE FOR MANAGEMENT AND BUSINESS DECISIONS. |
| FORM 990, PART VI, SECTION B, LINE 11 | THE FORM 990 WILL BE REVIEWED BY THE EXECUTIVE COMMITTEE AT THEIR MEETING. THE FORM 990 WILL BE ELECTRONICALLY SUBMITTED TO THE GOVERNING BOARD BEFORE FILING FOR THEIR REVIEW. |
| FORM 990, PART VI, SECTION B, LINE 12C | BOARD MEMBERS SIGN THE CONFLICT OF INTEREST STATEMENT AND POLICY ANNUALLY, OF WHICH THEY ARE EXPECTED TO UPHOLD THEIR PLEDGE BY ABIDING BY IT. THE FINANCE/OFFICE MANAGER REVIEWS THE SIGNED DOCUMENTS AND BRINGS UP ANY POSSIBLE CONFLICTS TO THE PRESIDENT. BOARD MEMBERS ARE EXPECTED TO ABSTAIN FROM VOTING ON MATTERS WITH WHICH THEY MAY HAVE A CONFLICT OF INTEREST ISSUE. |
| FORM 990, PART VI, SECTION B, LINE 15A | AN ANNUAL REVIEW IS CONDUCTED FOR THE PRESIDENT BY THE EXECUTIVE COMMITTEE. INCREASE IN SALARY IS DETERMINED BY PERFORMANCE, COST OF LIVING RAISES AND ANALYSIS OF SIMILAR POSITIONS IN SIMILAR MARKETS. THE EXECUTIVE COMMITTEE VOTES ON ALL DECISIONS REGARDING THE PRESIDENT'S PERFORMANCE REVIEW AND IS DOCUMENTED IN THE BOARD MINUTES. APPROVAL IS GIVEN AND CONFIRMED TO THE ACCOUNTANT FOR ANY PAYROLL CHANGES. THERE ARE NO OTHER KEY EMPLOYEES OR OFFICERS OF THE ORGANIZATION. IN REGARDS TO THE COMPENSATION FOR OTHER OFFICERS AND KEY EMPLOYEES, THE EXECUTIVE COMMITTEE DOES NOT DELIBERATE OVER OTHER EMPLOYEE SALARIES. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION HAS THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST |
| PART XII, LINE 2C | THE ORGANIZATION'S BOARD TAKES RESPONSIBILITY OVER THE FINANCIAL STATEMENTS. |