Civic Intelligence

Fargo-Moorhead Builders & Traders Exchange Inc

EIN 45-0113110 • 501(c)6 • Fargo, ND

Profile

The Fargo-Moorhead Builders and Traders Exchange, Inc. mission is to provide the membership with quality and meaningful services that will help cultivate friendly, social and business relations among persons connected with the construction industry. The Fargo-Moorhead Builders and Traders Exchange, Inc. exists to provide information, services, and support.

1010 Page Dr SWFargo, ND 58103

www.fmbx.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

49th percentile

0.14x

Higher debt load relative to assets than 49% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

73rd percentile

0.37x

Higher debt load relative to revenue than 73% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Net Margin

4th percentile

-36%

Higher net margin than 4% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

17th percentile

-7.1%

Faster asset growth than 17% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

15th percentile

-7.4%

Faster revenue growth than 15% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets49th percentile

Assets

Down

$1,301,555

Down $99,032 (-7.1%) from 2023

Liabilities

Up

$182,832

Up $78,986 (+76%) from 2023

Net Assets

Down

$1,118,723

Down $178,018 (-14%) from 2023

Operations
Liabilities / Revenue73rd percentileNet Margin4th percentile

Revenue

Down

$491,250

Down $39,270 (-7.4%) from 2023

Expenses

Up

$669,268

Up $36,012 (+5.7%) from 2023

Net Income

Down

-$178,018

Down $75,282 (-73%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth17th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0Assets 2011: $1,338,101Liabilities 2011: $382,791Net Assets 2011: $955,3102011Assets 2012: $1,534,520Liabilities 2012: $493,543Net Assets 2012: $1,040,9772012Assets 2013: $1,167,466Liabilities 2013: $40,980Net Assets 2013: $1,126,4862013Assets 2014: $1,236,063Liabilities 2014: $33,638Net Assets 2014: $1,202,4252014Assets 2015: $1,278,630Liabilities 2015: $19,786Net Assets 2015: $1,258,8442015Assets 2016: $1,342,539Liabilities 2016: $27,540Net Assets 2016: $1,314,9992016Assets 2017: $1,346,318Liabilities 2017: $19,129Net Assets 2017: $1,327,1892017Assets 2018: $1,689,979Liabilities 2018: $346,938Net Assets 2018: $1,343,0412018Assets 2019: $1,439,609Liabilities 2019: $18,671Net Assets 2019: $1,420,9382019Assets 2020: $1,449,421Liabilities 2020: $32,806Net Assets 2020: $1,416,6152020Assets 2021: $1,420,873Liabilities 2021: $23,231Net Assets 2021: $1,397,6422021Assets 2022: $1,412,828Liabilities 2022: $13,351Net Assets 2022: $1,399,4772022Assets 2023: $1,400,587Liabilities 2023: $103,846Net Assets 2023: $1,296,7412023Assets 2024: $1,301,555Liabilities 2024: $182,832Net Assets 2024: $1,118,7232024

Highlighted filing

2024

Assets$1,301,555
Liabilities$182,832
Net Assets$1,118,723
Open 2024 Filing

Operations Trend

Revenue Growth15th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2011: $413,671Expenses 2011: $456,498Net Income 2011: -$42,8272011Revenue 2012: $475,027Expenses 2012: $389,360Net Income 2012: $85,6672012Revenue 2013: $588,172Expenses 2013: $502,664Net Income 2013: $85,5082013Revenue 2014: $620,967Expenses 2014: $545,072Net Income 2014: $75,8952014Revenue 2015: $600,268Expenses 2015: $593,380Net Income 2015: $6,8882015Revenue 2016: $638,435Expenses 2016: $582,280Net Income 2016: $56,1552016Revenue 2017: $626,757Expenses 2017: $614,567Net Income 2017: $12,1902017Revenue 2018: $590,392Expenses 2018: $574,540Net Income 2018: $15,8522018Revenue 2019: $644,979Expenses 2019: $567,082Net Income 2019: $77,8972019Revenue 2020: $580,140Expenses 2020: $584,463Net Income 2020: -$4,3232020Revenue 2021: $571,631Expenses 2021: $590,604Net Income 2021: -$18,9732021Revenue 2022: $559,038Expenses 2022: $557,203Net Income 2022: $1,8352022Revenue 2023: $530,520Expenses 2023: $633,256Net Income 2023: -$102,7362023Revenue 2024: $491,250Expenses 2024: $669,268Net Income 2024: -$178,0182024

Highlighted filing

2024

Revenue$491,250
Expenses$669,268
Net Income-$178,018
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$1,301,555
Liabilities
$182,832
Net assets
$1,118,723
Revenue
$491,250
Expenses
$669,268
Net income
-$178,018
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.30$0.18$1.12$0.49$0.67$0.18
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.40$0.10$1.30$0.53$0.63$0.10
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.41$0.01$1.40$0.56$0.56$0.00
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.42$0.02$1.40$0.57$0.59$0.02
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.45$0.03$1.42$0.58$0.58$0.00
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.44$0.02$1.42$0.64$0.57$0.08
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.69$0.35$1.34$0.59$0.57$0.02
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.35$0.02$1.33$0.63$0.61$0.01
2016Detailed filing. Detailed filing data is available for this year.$1.34$0.03$1.31$0.64$0.58$0.06
2015Detailed filing. Detailed filing data is available for this year.$1.28$0.02$1.26$0.60$0.59$0.01
2014Detailed filing. Detailed filing data is available for this year.$1.24$0.03$1.20$0.62$0.55$0.08
2013Summary only. Only limited summary data is available for this year.$1.17$0.04$1.13$0.59$0.50$0.09
2012Summary only. Only limited summary data is available for this year.$1.53$0.49$1.04$0.48$0.39$0.09
2011Summary only. Only limited summary data is available for this year.$1.34$0.38$0.96$0.41$0.46$0.04
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 8, 2025
Return Version
2023v6.0
Gross Receipts
$520,949
Mission and Program Overview

Mission

To provide the membership with quality and meaningful services that will help cultivate friendly, social and business relations among persons connected with the construction industry. The Fargo-Moorhead Builders and Traders Exchange, Inc. exists to provide information, services, and support.

Library of commercial construction documents used in the bidding process for the construction plans issuers and/or owners.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,039,320$1,020,278▼ $19,042
Land, Buildings, and Equipment, Net$244,164$217,859▼ $26,305
Accounts Receivable$36,481$11,122▼ $25,359
Prepaid Expenses and Deferred Charges$350$0▼ $350
Total Assets$1,400,587$1,301,555▼ $99,032
Other Assets Total$80,272$52,296▼ $27,976
Liabilities
Deferred Revenue-$108,861-
Other Liabilities$80,272$52,296▼ $27,976
Accounts Payable and Accrued Expenses$23,574$21,675▼ $1,899
Total Liabilities$103,846$182,832▲ $78,986
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,296,741$1,118,723▼ $178,018
Total Net Assets Fund Balance$1,296,741$1,118,723▼ $178,018
Total Liabilities and Net Assets / Fund Balance$1,400,587$1,301,555▼ $99,032

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$132,383$327,661$460,044
Equipment$24,602$160,391$184,993
Other Land Buildings$6,881$78,465$85,346
Land$53,993-$53,993
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Calisa NickelsonSecretary/Office ManagerFT$67,550$27,884$95,434
Chris StollenwerkFormer President-$13,000-$13,000

Board Members and Trustees

NameTitle
Chad EvertPresident
Karl VangerudVice President
Amy JohnsonDirector
Dan KleistDirector
Jeremy DavisDirector
Mason BeierDirector
Ryan WatsonDirector
Scott JohnsonDirector
Tony RabideauxDirector
Austen EllensonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,700
Program Service Revenue
$481,950
Investment Income
$25,949
Other Revenue
$-19,349
All Other Contributions
$2,700
Change in Net Assets
$-178,018
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$376,833
Salaries, Compensation, and Employee Benefits$271,892
Grants and Similar Amounts Paid$20,543
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$123,148
Information Technology---$118,492
Current Officers, Directors, Trustees, and Key Employees---$69,712
Office Expenses---$68,115
Other Employee Benefits---$47,979
Fees for Services Other---$47,308
Occupancy---$37,770
Depreciation Depletion---$26,305
All Other Expenses---$20,773
Grants to Domestic Orgs---$20,543
Conferences and Meetings---$17,033
Payroll Taxes---$15,107
Advertising---$13,205
Comp Disqual Persons---$13,000
Pension Plan Contributions---$2,946
Insurance---$1,158
Other Expenses---$420
Interest---$1
Total Functional Expenses$0$0$0$669,268
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
The Great North PoleWest Fargo, ND501(c)(3)Donations for local families$12,200
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$29,699
Fundraising Gross Income$10,350
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$10,350$10,350$8,766$1,584
Total Events$10,350$10,350$29,699$-19,349
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating lease liability$52,296
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 6

“Any person, partnership, corporation or limited liability company directly or indirectly connected with the construction industry shall be eligible to apply for membership in this Corporation. There shall be no discrimination of individual memberships because of race, religion, sex, age, national origin, disability or veteran's status. Residence in the state of North Dakota is not required for membership.”

Form 990, Part VI, Section A, line 7A

“The President of the Board of Directors will appoint a Nominations Committee of three (3) active Board members. The Nominations Committee will disseminate nomination forms to all Corporation members. Members elect the Board of Directors.”

Form 990, Part VI, Section A, line 8B

“There are no committees with the broad authority to act on behalf of the Board of Directors.”

Form 990, Part VI, Section B, line 11B

“Form 990 Draft will be provided to the board at a special meeting for their review prior to filing with the IRS.”

Form 990, Part VI, Section B, line 12C

“The written conflict of interest policy covers Board of Directors only. The Board President reviews and determines whether a conflict exists. While the written policy does not state what restrictions are imposed on a person with a conflict, in practice that individual is required to leave the room and abstain from voting on the issue in conflict with.”

Form 990, Part VI, Section B, line 15A

“The Executive Committee of the Board of Directors annually reviews the compensation package for the Manager. In determining reasonable compensation the Executive Committee of the Board of Directors obtains data on comparable compensation for similarly qualified persons in comparable positions. The President of the Board of Directors presents their proposed compensation package to the Manager in a formal review. The proposed compensation package is based on reasonable compensation and on their review of the Managers annual performance on the compensation changes based on their review of her annual performance.”

Form 990, Part VI, Section C, line 19

“The organization corporate documents, conflict of interest policy, and financial statements are made available to the general public upon request.”

Filing and Contact Details

Filer

Filer Name
Fargo-Moorhead Builders & Traders
EIN
45-0113110
Phone
7012376772
Address
1010 Page Dr SW, Fargo, ND 58103

Signing Officer

Name
Karl Vangerud
Title
Current President
Phone
7012376772
Signed
2025-05-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Karl Vangerud
Formed
1905
Legal Domicile
Nd
Voting Board Members
9
Independent Board Members
9
Employees
4
Volunteers
10

Preparer

Firm
Eide Bailly LLP
Address
4585 Coleman St Ste 200, Bismarck, ND 58503
Preparer
Lisa Chaffee CPA
Phone
7012551091
Supplemental Narrative

Financial Statement Notes

Part X, Line 2:

“The Exchange 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 Exchange 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.”

Raw XML AppendixShowing 400 of 433 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd01
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IRS990/AccountsPayableAccrExpnssGrp/EOYAmt021675
IRS990/AccountsReceivableGrp/BOYAmt036481
IRS990/AccountsReceivableGrp/EOYAmt011122
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0Library of commercial construction documents used in the bidding process for the construction plans issuers and/or owners.
IRS990/AdvertisingGrp/TotalAmt013205
IRS990/AllOtherContributionsAmt02700
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IRS990/AnnualDisclosureCoveredPrsnInd00
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IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Calisa Nickelson
IRS990/BooksInCareOfDetail/PhoneNum07012376772
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01010 Page Dr S
IRS990/BooksInCareOfDetail/USAddress/CityNm0Fargo
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0ND
IRS990/BooksInCareOfDetail/USAddress/ZIPCd058103
IRS990/BusinessRlnWith35CtrlEntInd00
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IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt069712
IRS990/CompDisqualPersonsGrp/TotalAmt013000
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IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/TotalAmt017033
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IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt02700
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IRS990/CYInvestmentIncomeAmt025949
IRS990/CYOtherExpensesAmt0376833
IRS990/CYOtherRevenueAmt0-19349
IRS990/CYProgramServiceRevenueAmt0481950
IRS990/CYRevenuesLessExpensesAmt0-178018
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IRS990/CYTotalExpensesAmt0669268
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IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0491250
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IRS990/DeferredRevenueGrp/EOYAmt0108861
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IRS990/DepreciationDepletionGrp/TotalAmt026305
IRS990/Desc0The exempt purpose is to facilitate the use and handling of plans and specifications for the construction industry. The members served are contractors, subcontractors, architects, engineers, material suppliers, factory representatives and others involved in the construction industry. During the fiscal year there were 5,562 projects handled by the staff and provided to the members. The members served during this fiscal year were 498.
IRS990/DescribedInSection501c3Ind00
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IRS990/Form990PartVIISectionAGrp/OfficerInd0X
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IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1027884
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/PersonNm0Chad Evert
IRS990/Form990PartVIISectionAGrp/PersonNm1Karl Vangerud
IRS990/Form990PartVIISectionAGrp/PersonNm2Austen Ellenson
IRS990/Form990PartVIISectionAGrp/PersonNm3Scott Johnson
IRS990/Form990PartVIISectionAGrp/PersonNm4Dan Kleist
IRS990/Form990PartVIISectionAGrp/PersonNm5Tony Rabideaux
IRS990/Form990PartVIISectionAGrp/PersonNm6Mason Beier
IRS990/Form990PartVIISectionAGrp/PersonNm7Jeremy Davis
IRS990/Form990PartVIISectionAGrp/PersonNm8Ryan Watson
IRS990/Form990PartVIISectionAGrp/PersonNm9Amy Johnson
IRS990/Form990PartVIISectionAGrp/PersonNm10Calisa Nickelson
IRS990/Form990PartVIISectionAGrp/PersonNm11Chris Stollenwerk
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Secretary/Office Manager
IRS990/Form990PartVIISectionAGrp/TitleTxt11Former President
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IRS990/FundraisingGrossIncomeAmt010350
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IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
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IRS990/GroupReturnForAffiliatesInd00
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IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
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IRS990/InsuranceGrp/TotalAmt01158
IRS990/InterestGrp/TotalAmt01
IRS990/InvestmentIncomeGrp/ExclusionAmt025949
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt025949
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0566517
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0244164
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0217859
IRS990/LandBldgEquipCostOrOtherBssAmt0784376
IRS990/LegalDomicileStateCd0ND
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0To provide the membership with quality and meaningful services that will help cultivate friendly, social and business relations among persons connected with the construction industry. The Fargo-Moorhead Builders and Traders Exchange, Inc. exists to provide information, services, and support.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01296741
IRS990/NetAssetsOrFundBalancesEOYAmt01118723
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-19349
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-19349
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01296741
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01118723
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt037770
IRS990/OfficeExpensesGrp/TotalAmt068115
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt080272
IRS990/OtherAssetsTotalGrp/EOYAmt052296
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt047979
IRS990/OtherExpensesGrp/Desc0Member Social Events
IRS990/OtherExpensesGrp/Desc1Bad Debt
IRS990/OtherExpensesGrp/Desc2Dues and Subscriptions
IRS990/OtherExpensesGrp/Desc3Bank Fees
IRS990/OtherExpensesGrp/TotalAmt017185
IRS990/OtherExpensesGrp/TotalAmt16200
IRS990/OtherExpensesGrp/TotalAmt22868
IRS990/OtherExpensesGrp/TotalAmt3420
IRS990/OtherLiabilitiesGrp/BOYAmt080272
IRS990/OtherLiabilitiesGrp/EOYAmt052296
IRS990/OtherSalariesAndWagesGrp/TotalAmt0123148
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt015107
IRS990/PensionPlanContributionsGrp/TotalAmt02946
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0350
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Karl Vangerud
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0Membership Dues
IRS990/ProgramServiceRevenueGrp/Desc1Other Supporting Reven
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0464235
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt117715
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0464235
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt117715
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt06040
IRS990/PYGrantsAndSimilarPaidAmt025895
IRS990/PYInvestmentIncomeAmt030904
IRS990/PYOtherExpensesAmt0339530
IRS990/PYOtherRevenueAmt0-14765
IRS990/PYProgramServiceRevenueAmt0508341
IRS990/PYRevenuesLessExpensesAmt0-102736
IRS990/PYSalariesCompEmpBnftPaidAmt0267831
IRS990/PYTotalExpensesAmt0633256
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0530520
IRS990/ReconcilationRevenueExpnssAmt0-178018
IRS990/RegularMonitoringEnfrcInd01
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IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt01020278
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/OnlyInHouseLobbyingInd01
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0132383
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0327661
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0460044
IRS990ScheduleD/EquipmentGrp/BookValueAmt024602
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0160391
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0184993
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt053993
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt053993
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt06881
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt078465
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt085346
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt052296
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Operating lease liability
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Exchange 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 Exchange 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.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0217859
IRS990ScheduleD/TotalLiabilityAmt052296
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt029699
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Golf Tournament
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt010350
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt010350
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt010350
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt010350
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-19349
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt02204
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt02204
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt08766
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt08766
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt018729
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt018729
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt012200
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(c)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Donations for local families
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0The Great North Pole
IRS990ScheduleI/RecipientTable/RecipientEIN0821969429
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt03220 4th St E
IRS990ScheduleI/RecipientTable/USAddress/CityNm0West Fargo
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0ND
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd058078
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0In 2024, the organization's board members and volunteers took children in the Great North Pole program to buy gifts for Christmas for their family. No further monitoring is considered necessary.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt013000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Chris Stollenwerk
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Former President
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt013000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Any person, partnership, corporation or limited liability company directly or indirectly connected with the construction industry shall be eligible to apply for membership in this Corporation. There shall be no discrimination of individual memberships because of race, religion, sex, age, national origin, disability or veteran's status. Residence in the state of North Dakota is not required for membership.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The President of the Board of Directors will appoint a Nominations Committee of three (3) active Board members. The Nominations Committee will disseminate nomination forms to all Corporation members. Members elect the Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2There are no committees with the broad authority to act on behalf of the Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Form 990 Draft will be provided to the board at a special meeting for their review prior to filing with the IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The written conflict of interest policy covers Board of Directors only. The Board President reviews and determines whether a conflict exists. While the written policy does not state what restrictions are imposed on a person with a conflict, in practice that individual is required to leave the room and abstain from voting on the issue in conflict with.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The Executive Committee of the Board of Directors annually reviews the compensation package for the Manager. In determining reasonable compensation the Executive Committee of the Board of Directors obtains data on comparable compensation for similarly qualified persons in comparable positions. The President of the Board of Directors presents their proposed compensation package to the Manager in a formal review. The proposed compensation package is based on reasonable compensation and on their review of the Managers annual performance on the compensation changes based on their review of her annual performance.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6The organization corporate documents, conflict of interest policy, and financial statements are made available to the general public upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section B, line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd01
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01400587
IRS990/TotalAssetsEOYAmt01301555
IRS990/TotalAssetsGrp/BOYAmt01400587
IRS990/TotalAssetsGrp/EOYAmt01301555
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt02700
IRS990/TotalEmployeeCnt04
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IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesEOYAmt0182832
IRS990/TotalLiabilitiesGrp/BOYAmt0103846
IRS990/TotalLiabilitiesGrp/EOYAmt0182832
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01296741
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01118723
IRS990/TotalOtherCompensationAmt027884
IRS990/TotalProgramServiceRevenueAmt0481950
IRS990/TotalReportableCompFromOrgAmt080550
IRS990/TotalRevenueGrp/ExclusionAmt06600
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0481950
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0491250
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01400587
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IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01010 Page Dr SW
IRS990/USAddress/CityNm0Fargo
IRS990/USAddress/StateAbbreviationCd0ND
IRS990/USAddress/ZIPCd058103
IRS990/VotingMembersGoverningBodyCnt09

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