Liabilities / Assets
24th percentile
Higher debt load relative to assets than 24% of similar nonprofits.
Fargo-Moorhead Builders & Traders Exchange Inc
990 • Fiscal year 2020 • EIN 45-0113110
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.02x
Liabilities / Revenue
28th percentile
Higher debt load relative to revenue than 28% of similar nonprofits.
Net Margin
30th percentile
Higher net margin than 30% of similar nonprofits.
Top Officer Pay
31st percentile
Higher top officer pay than 31% of similar nonprofits.
Top officer pay equals 14.6% of source-year revenue.
Asset Growth
35th percentile
Faster asset growth than 35% of similar nonprofits.
Revenue Growth
46th percentile
Faster revenue growth than 46% of similar nonprofits.
Balance Sheet
Assets
Up$1,449,421
Up $9,812 (+0.7%) from 2019
Net Assets
Down$1,416,615
Down $4,323 (-0.3%) from 2019
Liabilities
Up$32,806
Up $14,135 (+76%) from 2019
Revenue And Expenses
Revenue
Down$580,140
Down $64,839 (-10%) from 2019
Expenses
Up$584,463
Up $17,381 (+3.1%) from 2019
Net Income
Down-$4,323
Down $82,220 (-106%) from 2019
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2019 to Jun 30, 2020
- Signed
- Jan 25, 2021
- Return Version
- 2019v5.1
- Gross Receipts
- $613,189
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
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Savings and Temporary Cash Investments | $1,259,535 | $1,178,997 | ▼ $80,538 |
| Land, Buildings, and Equipment, Net | $169,589 | $256,429 | ▲ $86,840 |
| Accounts Receivable | $9,892 | $13,995 | ▲ $4,103 |
| Prepaid Expenses and Deferred Charges | $593 | $0 | ▼ $593 |
| Total Assets | $1,439,609 | $1,449,421 | ▲ $9,812 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $18,671 | $32,806 | ▲ $14,135 |
| Total Liabilities | $18,671 | $32,806 | ▲ $14,135 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $1,420,938 | $1,416,615 | ▼ $4,323 |
| Total Net Assets Fund Balance | $1,420,938 | $1,416,615 | ▼ $4,323 |
| Total Liabilities and Net Assets / Fund Balance | $1,439,609 | $1,449,421 | ▲ $9,812 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $161,549 | $275,060 | $436,609 |
| Equipment | $24,111 | $126,894 | $151,005 |
| Other Land Buildings | $16,776 | $68,570 | $85,346 |
| Land | $53,993 | - | $53,993 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Ashley Hanson | Manager | FT | $76,212 | $8,298 | $84,510 |
Board Members and Trustees
| Name | Title |
|---|---|
| Dan Lenertz | President |
| Jeff Nelson | Vice President |
| Austen Ellenson | Director |
| Chad Evert | Director |
| Chris Stollenwerk | Director |
| Dan Kleist | Director |
| Karl Vangerud | Director |
| Scott Johnson | Director |
| Eric Fischer | Secretary/Treasurer |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $12,000
- Program Service Revenue
- $552,494
- Investment Income
- $24,590
- Other Revenue
- $-8,944
- All Other Contributions
- $12,000
- Change in Net Assets
- $-4,323
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $280,563 |
| Salaries, Compensation, and Employee Benefits | $268,900 |
| Grants and Similar Amounts Paid | $35,000 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | - | - | - | $134,243 |
| Current Officers, Directors, Trustees, and Key Employees | - | - | - | $87,159 |
| Information Technology | - | - | - | $64,837 |
| Fees for Services Other | - | - | - | $63,166 |
| Office Expenses | - | - | - | $46,790 |
| Occupancy | - | - | - | $38,234 |
| Other Employee Benefits | - | - | - | $27,074 |
| Grants to Domestic Orgs | - | - | - | $21,000 |
| Depreciation Depletion | - | - | - | $17,682 |
| Payroll Taxes | - | - | - | $16,099 |
| Conferences and Meetings | - | - | - | $14,575 |
| Grants to Domestic Individuals | - | - | - | $14,000 |
| All Other Expenses | - | - | - | $13,511 |
| Insurance | - | - | - | $5,395 |
| Pension Plan Contributions | - | - | - | $4,325 |
| Advertising | - | - | - | $1,699 |
| Other Expenses | - | - | - | $767 |
| Travel | - | - | - | $661 |
| Total Functional Expenses | $0 | $0 | $0 | $584,463 |
International Activity
Grant and Assistance Recipients
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| The Great North Pole | West Fargo, ND | 501(c)(3) | Stocking stuffer items | $12,000 |
Fundraising, Events, and Gaming
- Fundraising activities
- Yes
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Fundraising Direct Expenses | $33,049 |
| Fundraising Gross Income | $24,105 |
| Professional Fundraising Fees | $0 |
Fundraising Events
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Golf Tournament | $24,105 | $24,105 | $8,526 | $15,579 |
| Total Events | $24,105 | $24,105 | $33,049 | $-8,944 |
Political and Lobbying Activity
- Political campaign activity
- No
- In-house lobbying only
- Yes
- Subject to proxy tax
- Yes
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 Drive South, Fargo, ND 58103
Signing Officer
- Name
- Jeff Nelson
- Title
- Current President
- Phone
- 7012376772
- Signed
- 2021-01-25
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Jeff Nelson
- Formed
- 1905
- Legal Domicile
- Nd
- Voting Board Members
- 9
- Independent Board Members
- 9
- Employees
- 4
- Volunteers
- 9
Preparer
- Firm
- Eide Bailly LLP
- Address
- 1730 Burnt Boat Loop Ste 100, Bismarck, ND 58503-0886
- Preparer
- Lisa Chaffee CPA
- Phone
- 7012551091
Supplemental Narrative
Additional Explanations
Form 990, Part IX, line 11G
“Professional Fees 63,166.”
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 Appendix395 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.
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|---|---|---|
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| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 32806 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 9892 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 13995 |
| IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | Library of commercial construction documents used in the bidding process for the construction plans issuers and/or owners. |
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| IRS990/AllOtherContributionsAmt | 0 | 12000 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 13511 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 0 |
| IRS990/AuditCommitteeInd | 0 | 0 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | Ashley Hanson |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 7012376772 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1010 Page Dr S |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | Fargo |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | ND |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 58103 |
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| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
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| IRS990/CYOtherRevenueAmt | 0 | -8944 |
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| IRS990/CYRevenuesLessExpensesAmt | 0 | -4323 |
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| IRS990/CYTotalExpensesAmt | 0 | 584463 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 580140 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 17682 |
| IRS990/Desc | 0 | The 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 5,183 projects handled by the staff and provided to the members. The members served during this fiscal year were 516. |
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| IRS990/DisregardedEntityInd | 0 | 0 |
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| IRS990/ElectionOfBoardMembersInd | 0 | 1 |
| IRS990/EmployeeCnt | 0 | 4 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 63166 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
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| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 50.00 |
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| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
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| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
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| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | Jeff Nelson |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | Eric Fischer |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | Scott Johnson |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | Dan Kleist |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | Chris Stollenwerk |
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| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | Karl Vangerud |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | Austen Ellenson |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | Ashley Hanson |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | Manager |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1905 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedInd | 0 | 0 |
| IRS990/FundraisingActivitiesInd | 0 | 1 |
| IRS990/FundraisingDirectExpensesAmt | 0 | 33049 |
| IRS990/FundraisingGrossIncomeAmt | 0 | 24105 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 9 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 14000 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 21000 |
| IRS990/GrantsToIndividualsInd | 0 | 1 |
| IRS990/GrantsToOrganizationsInd | 0 | 1 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 613189 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 9 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 64837 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 5395 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 24590 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 24590 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 3 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
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| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 169589 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 256429 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 726953 |
| IRS990/LegalDomicileStateCd | 0 | ND |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 1 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 0 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | 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. |
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| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
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| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 1416615 |
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| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 38234 |
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| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
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| IRS990/OtherExpensesGrp/Desc | 0 | Member Social Events |
| IRS990/OtherExpensesGrp/Desc | 1 | Dues and Subscriptions |
| IRS990/OtherExpensesGrp/Desc | 2 | Bank Fees |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 9791 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 3455 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 767 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 134243 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 16099 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 4325 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 593 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | Jeff Nelson |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 900099 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 900099 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | Membership Dues |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | Other Supporting Reven |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 527050 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 25444 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 527050 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 25444 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 11000 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 35000 |
| IRS990/PYInvestmentIncomeAmt | 0 | 13985 |
| IRS990/PYOtherExpensesAmt | 0 | 281094 |
| IRS990/PYOtherRevenueAmt | 0 | 2449 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 617545 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 77897 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 250988 |
| IRS990/PYTotalExpensesAmt | 0 | 567082 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 644979 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -4323 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 1259535 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 1178997 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleC/AgreeCarryoverPriorYearInd | 0 | 0 |
| IRS990ScheduleC/OnlyInHouseLobbyingInd | 0 | 1 |
| IRS990ScheduleC/SubstantiallyAllDuesNondedInd | 0 | 0 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 161549 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 275060 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 436609 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 24111 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 126894 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 151005 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 53993 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 53993 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 16776 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 68570 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 85346 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | 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. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Part X, Line 2: |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 256429 |
| IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt | 0 | 33049 |
| IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm | 0 | Golf Tournament |
| IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt | 0 | 11782 |
| IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt | 0 | 11782 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt | 0 | 24105 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt | 0 | 24105 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt | 0 | 24105 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt | 0 | 24105 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt | 0 | -8944 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt | 0 | 1862 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt | 0 | 1862 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt | 0 | 8526 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt | 0 | 8526 |
| IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt | 0 | 10879 |
| IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt | 0 | 10879 |
| IRS990ScheduleI/GrantRecordsMaintainedInd | 0 | 1 |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt | 0 | 14000 |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt | 0 | Scholarships |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt | 0 | 15 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 0 | 12000 |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 0 | 501(c)(3) |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 0 | Stocking stuffer items |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 0 | The Great North Pole |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 0 | 821969429 |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 0 | 675 13th Ave E Suite 101 |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 0 | West Fargo |
| IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd | 0 | ND |
| IRS990ScheduleI/RecipientTable/USAddress/ZIPCd | 0 | 58078 |
| IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt | 0 | The organization has a committee that reviews the applications for scholarships. The students must have an emphasis in the construction industry. The funds are paid directly to the higher education institution to be credited to the applicants' account. In 2020 the organization provided all the stocking stuffer items to the Great North Pole to be distributed to individuals. |
| IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Part I, Line 2: |
| IRS990ScheduleI/Total501c3OrgCnt | 0 | 1 |
| IRS990ScheduleI/TotalOtherOrgCnt | 0 | 0 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | There are no committees with the broad authority to act on behalf of the Board of Directors. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Form 990 Draft will be provided to the board at a special meeting for their review prior to filing with the IRS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | The organization corporate documents, conflict of interest policy, and financial statements are made available to the general public upon request. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | Professional Fees 63,166. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part VI, Section A, line 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Section A, line 7a |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part VI, Section A, line 8b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990, Part VI, Section B, line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990, Part VI, Section B, line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Form 990, Part VI, Section B, line 15a |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Form 990, Part VI, Section C, line 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Form 990, Part IX, line 11g |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 1 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 1439609 |
| IRS990/TotalAssetsEOYAmt | 0 | 1449421 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 1439609 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 1449421 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalContributionsAmt | 0 | 12000 |
| IRS990/TotalEmployeeCnt | 0 | 4 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 584463 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 18671 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 32806 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 18671 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 32806 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 1420938 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 1416615 |
| IRS990/TotalOtherCompensationAmt | 0 | 8298 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 552494 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 76212 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 15646 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 552494 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 580140 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 9 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 1439609 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 1449421 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TravelGrp/TotalAmt | 0 | 661 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 1010 Page Drive South |
| IRS990/USAddress/CityNm | 0 | Fargo |
| IRS990/USAddress/StateAbbreviationCd | 0 | ND |
| IRS990/USAddress/ZIPCd | 0 | 58103 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 9 |
| IRS990/VotingMembersIndependentCnt | 0 | 9 |
| IRS990/WebsiteAddressTxt | 0 | www.fmbx.org |
| IRS990/WhistleblowerPolicyInd | 0 | 1 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Jeff Nelson |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Current President |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7012376772 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2021-01-25 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Fargo-Moorhead Builders & Traders |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | Exchange Inc |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | FARG |
| ReturnHeader/Filer/EIN | 0 | 450113110 |
| ReturnHeader/Filer/PhoneNum | 0 | 7012376772 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1010 Page Drive South |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Fargo |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | ND |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 58103 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 450250958 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Eide Bailly LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1730 Burnt Boat Loop Ste 100 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Bismarck |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | ND |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 585030886 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7012551091 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2021-01-25 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Lisa Chaffee CPA |
| ReturnHeader/ReturnTs | 0 | 2021-01-28T08:20:44-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2019-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2020-06-30 |
| ReturnHeader/TaxYr | 0 | 2019 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2020 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $1,449,421
- Liabilities
- $32,806
- Net assets
- $1,416,615
- Revenue
- $580,140
- Expenses
- $584,463
- Net income
- -$4,323