Civic Intelligence

Dakota Certified Development Corporation

990 • Fiscal year 2019 • EIN 45-0443523

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 10, 2020

5630 36th Ave SFargo, ND 58104

(701) 293-8892

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

70th percentile

0.52x

Higher debt load relative to assets than 70% of similar nonprofits.

2019 filings • NTEE S • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

81st percentile

2.46x

Higher debt load relative to revenue than 81% of similar nonprofits.

2019 filings • NTEE S • $5M-$10M nonprofits • Source year 2019

Net Margin

24th percentile

-22%

Higher net margin than 24% of similar nonprofits.

2019 filings • NTEE S • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

43rd percentile

$170,238

Higher top officer pay than 43% of similar nonprofits.

Top officer pay equals 12.5% of source-year revenue.

2019 filings • NTEE S • $5M-$10M nonprofits • Source year 2019

Asset Growth

12th percentile

-7.3%

Faster asset growth than 12% of similar nonprofits.

2019 filings • NTEE S • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

53rd percentile

5.2%

Faster revenue growth than 53% of similar nonprofits.

2019 filings • NTEE S • $5M-$10M nonprofits • Annualized from 2018 to 2019

Assets

Down

$6,425,468

Down $502,289 (-7.3%) from 2018

Net Assets

Down

$3,064,815

Down $300,742 (-8.9%) from 2018

Liabilities

Down

$3,360,653

Down $201,547 (-5.7%) from 2018

Revenue

Up

$1,367,205

Up $67,017 (+5.2%) from 2018

Expenses

Up

$1,666,028

Up $232,624 (+16%) from 2018

Net Income

Down

-$298,823

Down $165,607 (-124%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$10M$5.0M$0Assets 2011: $5,936,936Liabilities 2011: $2,081,704Net Assets 2011: $3,855,2322011Assets 2012: $6,301,191Liabilities 2012: $2,483,780Net Assets 2012: $3,817,4112012Assets 2013: $6,245,306Liabilities 2013: $2,369,294Net Assets 2013: $3,876,0122013Assets 2014: $6,622,826Liabilities 2014: $2,756,668Net Assets 2014: $3,866,1582014Assets 2015: $6,236,792Liabilities 2015: $2,575,207Net Assets 2015: $3,661,5852015Assets 2016: $6,055,749Liabilities 2016: $2,438,134Net Assets 2016: $3,617,6152016Assets 2017: $7,007,684Liabilities 2017: $3,490,614Net Assets 2017: $3,517,0702017Assets 2018: $6,927,757Liabilities 2018: $3,562,200Net Assets 2018: $3,365,5572018Assets 2019: $6,425,468Liabilities 2019: $3,360,653Net Assets 2019: $3,064,8152019Assets 2020: $6,151,963Liabilities 2020: $3,185,473Net Assets 2020: $2,966,4902020Assets 2021: $6,874,323Liabilities 2021: $3,324,965Net Assets 2021: $3,549,3582021Assets 2022: $6,832,211Liabilities 2022: $2,725,679Net Assets 2022: $4,106,5322022Assets 2023: $8,778,536Liabilities 2023: $3,886,313Net Assets 2023: $4,892,2232023Assets 2024: $8,880,946Liabilities 2024: $4,649,972Net Assets 2024: $4,230,9742024

Highlighted filing

2019

Assets$6,425,468
Liabilities$3,360,653
Net Assets$3,064,815

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$2.0M$0-$2.0MExpenses 2011: $1,076,3782011Revenue 2012: $1,052,128Expenses 2012: $1,082,717Net Income 2012: -$30,5892012Revenue 2013: $1,304,512Expenses 2013: $1,245,911Net Income 2013: $58,6012013Revenue 2014: $1,344,014Expenses 2014: $1,353,868Net Income 2014: -$9,8542014Revenue 2015: $1,150,121Expenses 2015: $1,354,694Net Income 2015: -$204,5732015Revenue 2016: $1,108,588Expenses 2016: $1,152,558Net Income 2016: -$43,9702016Revenue 2017: $1,143,786Expenses 2017: $1,244,331Net Income 2017: -$100,5452017Revenue 2018: $1,300,188Expenses 2018: $1,433,404Net Income 2018: -$133,2162018Revenue 2019: $1,367,205Expenses 2019: $1,666,028Net Income 2019: -$298,8232019Revenue 2020: $1,480,924Expenses 2020: $1,551,455Net Income 2020: -$70,5312020Revenue 2021: $2,297,592Expenses 2021: $1,762,733Net Income 2021: $534,8592021Revenue 2022: $2,699,017Expenses 2022: $2,141,843Net Income 2022: $557,1742022Revenue 2023: $3,485,431Expenses 2023: $2,699,740Net Income 2023: $785,6912023Revenue 2024: $2,624,392Expenses 2024: $3,285,640Net Income 2024: -$661,2482024

Highlighted filing

2019

Revenue$1,367,205
Expenses$1,666,028
Net Income-$298,823
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 10, 2020
Return Version
2019v5.1
Gross Receipts
$1,367,205
Mission and Program Overview

Mission

To bring a variety of finance tools to north dakota businesses, working in conjunction with financial institutions and economic development organizations across the state and to support those activities which enhance economic development in north dakota.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$2,587,531$2,225,403▼ $362,128
Land, Buildings, and Equipment, Net$1,878,410$1,814,284▼ $64,126
Savings and Temporary Cash Investments$1,793,943$1,495,952▼ $297,991
Cash and Non-Interest-Bearing Accounts$257,103$465,043▲ $207,940
Investments Other Securities$115,801$115,801→ $0
Prepaid Expenses and Deferred Charges$12,319$30,150▲ $17,831
Total Assets$6,927,757$6,425,468▼ $502,289
Other Assets Total$282,650$278,835▼ $3,815
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,482,778$3,272,908▼ $209,870
Accounts Payable and Accrued Expenses$79,422$87,745▲ $8,323
Total Liabilities$3,562,200$3,360,653▼ $201,547
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,203,151$2,970,877▼ $232,274
Net Assets With Donor Restrictions$162,406$93,938▼ $68,468
Total Net Assets Fund Balance$3,365,557$3,064,815▼ $300,742
Total Liabilities and Net Assets / Fund Balance$6,927,757$6,425,468▼ $502,289

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,508,497$83,308$1,591,805
Equipment$108,147$127,270$235,417
Land$197,640-$197,640
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Steve M DusekPresident & CEOFT$131,250$38,988$170,238
Andrew MaragosPast Chairman-$2,750-$2,750
Dan JacobsonChairman-$2,750-$2,750
Jim HambrickVice-chairman-$2,750-$2,750
John PhillipsDirector-$2,750-$2,750
Michael ConnorDirector-$2,750-$2,750
Richard BeckerSecretary/treasurer-$2,750-$2,750
Lori GabrielDirector-$1,750-$1,750
Marlowe JohnsonDirector-$1,750-$1,750
Kim KautzmanDirector-$1,250-$1,250
Tonya HolmstromDirector-$1,250-$1,250
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,094,554
Investment Income
$253,074
Other Revenue
$19,577
Change in Net Assets
$-298,823
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$924,870
Other Expenses$724,005
Grants and Similar Amounts Paid$17,153
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$489,177$82,566-$571,743
Current Officers, Directors, Trustees, and Key Employees$34,578$138,310-$172,888
Payroll Taxes$93,356$39,370-$132,726
Interest$21,101$57,952-$79,053
Conferences and Meetings$22,730$54,929-$77,659
Depreciation Depletion$57,720$14,430-$72,150
Fees for Services Accounting$14,233$46,050-$60,283
Travel$38,586$17,400-$55,986
Office Expenses$40,848$10,054-$50,902
Pension Plan Contributions$33,419$14,094-$47,513
Advertising-$46,303-$46,303
Occupancy$37,198$6,375-$43,573
Other Expenses$11,593$11,032-$22,625
Insurance$7,414$12,847-$20,261
Grants to Domestic Orgs$17,153--$17,153
All Other Expenses$215$2,363-$2,578
Total Functional Expenses$1,076,218$589,810$0$1,666,028
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Ndsu Research & Technology ParkFargo, ND501(c)(3)Economic Investment$6,250
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Organization has one class of membership that shall consist of any entity, governmental body or individual who subscribes to the purpose and the basic policies of the corporation. The corporation must have a minimum of 25 members and no person or entity may own or control more than 10% of the corporation's voting membership.

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

Corporation consists of one class of membership with each member having one vote.

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

The form 990 is distributed to the governing body at a board meeting to give them the opportunity to make any necessary changes and approve the 990.

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

Annual filings of organizations affiliated by each officer, director or trustee, and key employee.

Form 990, Part VI, Section B, Line 15

Compensation is determined by board of directors using their knowledge from running their own businesses as well as evaluating the experience level of the employee.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Dakota Business Lending
EIN
45-0443523
Phone
7012938892
Address
5630 36TH AVE S, FARGO, ND 58104

Signing Officer

Name
Steve M Dusek
Title
President & CEO
Phone
7012938892
Signed
2020-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steve M Dusek
Formed
1996
Legal Domicile
Nd
Voting Board Members
9
Independent Board Members
9
Employees
14
Volunteers
0

Preparer

Firm
Brady Martz and Associates Pc
Address
PO BOX 14296, GRAND FORKS, ND 58208-4296
Preparer
Brian Opsahl
Phone
7017754685
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Expenses from taxable subsidiary -1,918.

FORM 990, PART XII, LINE 2C:

Process has not changed from prior year.

Financial Statement Notes

PART X, LINE 2:

The organization's policy is to evaluate the likelihood that its uncertain tax positions will prevail upon examination based on the extent to which those positions have substantial support within the internal revenue code and regulations, revenue rulings, court decisions, and other evidence. It is the opinion of management that the organization has no significant uncertain tax positions that would be subject to change upon examination. The federal income tax returns of the organization are subject to examination by the irs, generally three years after they were filed, all filings are current.

Raw XML AppendixShowing 400 of 569 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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IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO BRING A VARIETY OF FINANCE TOOLS TO NORTH DAKOTA BUSINESSES, WORKING IN CONJUNCTION WITH FINANCIAL INSTITUTIONS AND ECONOMIC DEVELOPMENT ORGANIZATIONS ACROSS THE STATE AND TO SUPPORT THOSE ACTIVITIES WHICH ENHANCE ECONOMIC DEVELOPMENT IN NORTH DAKOTA.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt03482778
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt03272908
IRS990/NetAssetsOrFundBalancesBOYAmt03365557
IRS990/NetAssetsOrFundBalancesEOYAmt03064815
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt03203151
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02970877
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt06375
IRS990/OccupancyGrp/ProgramServicesAmt037198
IRS990/OccupancyGrp/TotalAmt043573
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt010054
IRS990/OfficeExpensesGrp/ProgramServicesAmt040848
IRS990/OfficeExpensesGrp/TotalAmt050902
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0282650
IRS990/OtherAssetsTotalGrp/EOYAmt0278835
IRS990/OtherChangesInNetAssetsAmt0-1918
IRS990/OtherExpensesGrp/Desc0BAD DEBT
IRS990/OtherExpensesGrp/Desc1ADMINISTRATIVE EXPENSES
IRS990/OtherExpensesGrp/Desc2DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt028624
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt17111
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt211032
IRS990/OtherExpensesGrp/ProgramServicesAmt098295
IRS990/OtherExpensesGrp/ProgramServicesAmt142833
IRS990/OtherExpensesGrp/ProgramServicesAmt215769
IRS990/OtherExpensesGrp/ProgramServicesAmt311593
IRS990/OtherExpensesGrp/TotalAmt098295
IRS990/OtherExpensesGrp/TotalAmt171457
IRS990/OtherExpensesGrp/TotalAmt222880
IRS990/OtherExpensesGrp/TotalAmt322625
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/ExclusionAmt019577
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt019577
IRS990/OtherRevenueTotalAmt019577
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt082566
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0489177
IRS990/OtherSalariesAndWagesGrp/TotalAmt0571743
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt02587531
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt02225403
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt039370
IRS990/PayrollTaxesGrp/ProgramServicesAmt093356
IRS990/PayrollTaxesGrp/TotalAmt0132726
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt014094
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt033419
IRS990/PensionPlanContributionsGrp/TotalAmt047513
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt012319
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt030150
IRS990/PrincipalOfficerNm0STEVE M DUSEK
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0525990
IRS990/ProgramServiceRevenueGrp/BusinessCd1541610
IRS990/ProgramServiceRevenueGrp/Desc0LOAN SERVICING & PROCE
IRS990/ProgramServiceRevenueGrp/Desc1MANAGEMENT FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01076953
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt117601
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01076953
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt117601
IRS990/ProgSrvcAccomActy2Grp/Desc0INTERMEDIARY LENDING PROGRAM, 5 LOANS FUNDED IN 2019. THESE FIXED-RATE, 5-15 YEAR TERM LOANS UP TO $200,000 ARE INTENDED FOR SMALL BUSINESSES WHO MAY NOT BE ABLE TO OBTAIN CONVENTIONAL FUNDING, OR WHO NEED GAP FINANCING FOR A CONVENTIONAL LOAN. ILP LOANS MAY BE USED FOR WORKING CAPITAL, EQUIPMENT, AND INVENTORY OR REAL ESTATE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt07522
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt042847
IRS990/ProgSrvcAccomActy3Grp/Desc0INTERMEDIARY RELENDING PROGRAM 2 & 3, 1 LOAN FUNDED IN 2019, 56 LOANS FUNDED TO DATE. BORROWERS IN RURAL COMMUNITIES (POPULATION UNDER 50,000) MAY BENEFIT FROM A FIXED-RATE, 5-15-YEAR LOAN UP TO $250,000 TO FINANCE A NEW OR EXISTING BUSINESS, PURCHASE EQUIPMENT OR REAL ESTATE OR USE AS WORKING CAPITAL. HEALTH-RELATED IRP LOANS ARE ALSO AVAILABLE, AS DAKOTA BUSINESS LENDING HAS ESTABLISHED A PARTNERSHIP WITH AREAS LENDERS AND SMALL BUSINESSES AS WELL AS THE U.S. DEPARTMENT OF AGRICULTURE TO OFFER THE INTERMEDIARY RELENDING PROGRAM (IRP).
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt05468
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt047928
IRS990/ProgSrvcAccomActyOtherGrp/Desc0OTHER PROGRAM SERVICES INCLUDE INTERMEDIARY RELENDING PROGRAM 1, INTERMEDIARY RELENDING PROGRAM 4 THE MICROLOAN LENDING PROGRAM, THE RURAL BUSINESS ENTERPRISES PROGRAM, THE MAIN STREET LOAN PROGRAM, AND THE COMMUNITY ADVANTAGE LOAN PROGRAM.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt06547
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt097318
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt07200
IRS990/PYInvestmentIncomeAmt0219289
IRS990/PYOtherExpensesAmt0629128
IRS990/PYOtherRevenueAmt033679
IRS990/PYProgramServiceRevenueAmt01047220
IRS990/PYRevenuesLessExpensesAmt0-133216
IRS990/PYSalariesCompEmpBnftPaidAmt0797076
IRS990/PYTotalExpensesAmt01433404
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01300188
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-298823
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01159535
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01793943
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01495952
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0253074
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0220276
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0177876
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0141457
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0149484
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0942167
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01094554
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01047220
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0921238
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0966006
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01072633
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt05101651
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0253074
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0220276
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0177876
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0141457
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0149484
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0942167
IRS990ScheduleA/InvestmentIncomeCYPct00.15330
IRS990ScheduleA/InvestmentIncomePYPct00.13740
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt019577
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt033679
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt044672
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt01125
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt02000
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0101053
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.83020
IRS990ScheduleA/PublicSupportPY509Pct00.84220
IRS990ScheduleA/PublicSupportTotal509Amt05101651
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01094554
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01047220
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0921238
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0966006
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01072633
IRS990ScheduleA/Total509Grp/TotalAmt05101651
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01367205
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01301175
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01143786
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01108588
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01224117
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt06144871
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01508497
IRS990ScheduleD/BuildingsGrp/DepreciationAmt083308
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01591805
IRS990ScheduleD/EquipmentGrp/BookValueAmt0108147
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0127270
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0235417
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0197640
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0197640
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S POLICY IS TO EVALUATE THE LIKELIHOOD THAT ITS UNCERTAIN TAX POSITIONS WILL PREVAIL UPON EXAMINATION BASED ON THE EXTENT TO WHICH THOSE POSITIONS HAVE SUBSTANTIAL SUPPORT WITHIN THE INTERNAL REVENUE CODE AND REGULATIONS, REVENUE RULINGS, COURT DECISIONS, AND OTHER EVIDENCE. IT IS THE OPINION OF MANAGEMENT THAT THE ORGANIZATION HAS NO SIGNIFICANT UNCERTAIN TAX POSITIONS THAT WOULD BE SUBJECT TO CHANGE UPON EXAMINATION. THE FEDERAL INCOME TAX RETURNS OF THE ORGANIZATION ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY THREE YEARS AFTER THEY WERE FILED, ALL FILINGS ARE CURRENT.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01814284
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt06250
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc0N/A
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0ECONOMIC INVESTMENT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0NDSU RESEARCH & TECHNOLOGY PARK
IRS990ScheduleI/RecipientTable/RecipientEIN0450455343
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01854 NDSU RESEARCH CIRCLE NORTH
IRS990ScheduleI/RecipientTable/USAddress/CityNm0FARGO
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0ND
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd058102
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0N/A
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.88$4.65$4.23$2.62$3.29$0.66
2023Summary only. Only limited summary data is available for this year.$8.78$3.89$4.89$3.49$2.70$0.79
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.83$2.73$4.11$2.70$2.14$0.56
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.87$3.32$3.55$2.30$1.76$0.53
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.15$3.19$2.97$1.48$1.55$0.07
2019Detailed filing. Detailed filing data is available for this year.$6.43$3.36$3.06$1.37$1.67$0.30
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.93$3.56$3.37$1.30$1.43$0.13
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.01$3.49$3.52$1.14$1.24$0.10
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.06$2.44$3.62$1.11$1.15$0.04
2015Detailed filing. Detailed filing data is available for this year.$6.24$2.58$3.66$1.15$1.35$0.20
2014Detailed filing. Detailed filing data is available for this year.$6.62$2.76$3.87$1.34$1.35$0.01
2013Detailed filing. Detailed filing data is available for this year.$6.25$2.37$3.88$1.30$1.25$0.06
2012Summary only. Only limited summary data is available for this year.$6.30$2.48$3.82$1.05$1.08$0.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.94$2.08$3.86$1.08