Civic Intelligence

Dakota Certified Development Corporation

990 • Fiscal year 2020 • EIN 45-0443523

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 10, 2021

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

71st percentile

0.52x

Higher debt load relative to assets than 71% of similar nonprofits.

2020 filings • NTEE S • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

76th percentile

2.15x

Higher debt load relative to revenue than 76% of similar nonprofits.

2020 filings • NTEE S • $5M-$10M nonprofits • Source year 2020

Net Margin

29th percentile

-4.8%

Higher net margin than 29% of similar nonprofits.

2020 filings • NTEE S • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

52nd percentile

$177,860

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 12.0% of source-year revenue.

2020 filings • NTEE S • $5M-$10M nonprofits • Source year 2020

Asset Growth

18th percentile

-4.3%

Faster asset growth than 18% of similar nonprofits.

2020 filings • NTEE S • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

66th percentile

8.3%

Faster revenue growth than 66% of similar nonprofits.

2020 filings • NTEE S • $5M-$10M nonprofits • Annualized from 2019 to 2020

Assets

Down

$6,151,963

Down $273,505 (-4.3%) from 2019

Net Assets

Down

$2,966,490

Down $98,325 (-3.2%) from 2019

Liabilities

Down

$3,185,473

Down $175,180 (-5.2%) from 2019

Revenue

Up

$1,480,924

Up $113,719 (+8.3%) from 2019

Expenses

Down

$1,551,455

Down $114,573 (-6.9%) from 2019

Net Income

Up

-$70,531

Up $228,292 (+76%) from 2019

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

2020

Assets$6,151,963
Liabilities$3,185,473
Net Assets$2,966,490

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

2020

Revenue$1,480,924
Expenses$1,551,455
Net Income-$70,531
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 10, 2021
Return Version
2020v4.1
Gross Receipts
$1,480,924
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
Savings and Temporary Cash Investments$1,495,952$1,940,490▲ $444,538
Other Notes and Loans Receivable, Net$2,225,403$1,778,977▼ $446,426
Land, Buildings, and Equipment, Net$1,814,284$1,775,235▼ $39,049
Cash and Non-Interest-Bearing Accounts$465,043$269,480▼ $195,563
Investments Other Securities$115,801$115,456▼ $345
Prepaid Expenses and Deferred Charges$30,150$30,921▲ $771
Total Assets$6,425,468$6,151,963▼ $273,505
Other Assets Total$278,835$241,404▼ $37,431
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,272,908$3,059,576▼ $213,332
Accounts Payable and Accrued Expenses$87,745$125,897▲ $38,152
Total Liabilities$3,360,653$3,185,473▼ $175,180
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,970,877$2,872,552▼ $98,325
Net Assets With Donor Restrictions$93,938$93,938→ $0
Total Net Assets Fund Balance$3,064,815$2,966,490▼ $98,325
Total Liabilities and Net Assets / Fund Balance$6,425,468$6,151,963▼ $273,505

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,508,497$103,738$1,612,235
Equipment$69,098$176,411$245,509
Land$197,640-$197,640
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Steve M DusekPresident & CEOFT$134,567$43,293$177,860
Dan JacobsonPast Chairman-$2,550-$2,550
Jim HambrickChairman-$2,550-$2,550
John PhillipsDirector-$2,550-$2,550
Michael ConnorDirector-$2,550-$2,550
Richard BeckerSecretary/treasurer-$2,550-$2,550
Tonya HolmstromVice-chairman-$2,550-$2,550
Kim KautzmanDirector-$2,300-$2,300
Jason HopfaufDirector-$1,700-$1,700
Andrew MargosDirector-$1,450-$1,450
Steve GehrtzDirector-$1,200-$1,200
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,259,347
Investment Income
$175,883
Other Revenue
$45,694
Change in Net Assets
$-70,531
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$999,525
Other Expenses$534,930
Grants and Similar Amounts Paid$17,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$515,566$85,975-$601,541
Current Officers, Directors, Trustees, and Key Employees$36,051$163,759-$199,810
Payroll Taxes$102,707$42,857-$145,564
Interest$19,665$56,044-$75,709
Depreciation Depletion$55,657$13,914-$69,571
Fees for Services Accounting$39,864$23,516-$63,380
Pension Plan Contributions$37,120$15,490-$52,610
Office Expenses$40,671$10,168-$50,839
Occupancy$37,654$6,488-$44,142
Travel$26,157--$26,157
Conferences and Meetings$16,624$7,377-$24,001
Insurance$7,959$14,803-$22,762
Advertising-$20,849-$20,849
Grants to Domestic Orgs$17,000--$17,000
Other Expenses$10,390$0-$10,390
All Other Expenses$385$2,620-$3,005
Total Functional Expenses$1,046,414$505,041$0$1,551,455
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Ndsu Research & Technology ParkFargo, ND501(c)(3)Economic Investment$12,500
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
2021-11-10
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
12
Volunteers
0

Preparer

Firm
Brady Martz & Associates Pc
Address
PO BOX 14296, GRAND FORKS, ND 58208-4296
Preparer
Ashley Engel
Phone
7017754685
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Expenses from subsidiary -27,794.

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.

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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/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt10PRESIDENT & CEO
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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/BOYAmt03272908
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt03059576
IRS990/NetAssetsOrFundBalancesBOYAmt03064815
IRS990/NetAssetsOrFundBalancesEOYAmt02966490
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02970877
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02872552
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt06488
IRS990/OccupancyGrp/ProgramServicesAmt037654
IRS990/OccupancyGrp/TotalAmt044142
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt010168
IRS990/OfficeExpensesGrp/ProgramServicesAmt040671
IRS990/OfficeExpensesGrp/TotalAmt050839
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0278835
IRS990/OtherAssetsTotalGrp/EOYAmt0241404
IRS990/OtherChangesInNetAssetsAmt0-27794
IRS990/OtherExpensesGrp/Desc0ADMINISTRATIVE EXPENSES
IRS990/OtherExpensesGrp/Desc1BAD DEBT
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS EXPENSES
IRS990/OtherExpensesGrp/Desc3DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt032380
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt28801
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt023528
IRS990/OtherExpensesGrp/ProgramServicesAmt147500
IRS990/OtherExpensesGrp/ProgramServicesAmt211916
IRS990/OtherExpensesGrp/ProgramServicesAmt310390
IRS990/OtherExpensesGrp/TotalAmt055908
IRS990/OtherExpensesGrp/TotalAmt147500
IRS990/OtherExpensesGrp/TotalAmt220717
IRS990/OtherExpensesGrp/TotalAmt310390
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/ExclusionAmt045694
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt045694
IRS990/OtherRevenueTotalAmt045694
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt085975
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0515566
IRS990/OtherSalariesAndWagesGrp/TotalAmt0601541
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt02225403
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt01778977
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt042857
IRS990/PayrollTaxesGrp/ProgramServicesAmt0102707
IRS990/PayrollTaxesGrp/TotalAmt0145564
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt015490
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt037120
IRS990/PensionPlanContributionsGrp/TotalAmt052610
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt030150
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt030921
IRS990/PrincipalOfficerNm0STEVE M DUSEK
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0525990
IRS990/ProgramServiceRevenueGrp/BusinessCd1541610
IRS990/ProgramServiceRevenueGrp/Desc0LOAN SERVICING & PROCE
IRS990/ProgramServiceRevenueGrp/Desc1MANAGEMENT FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01241578
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt117769
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01241578
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt117769
IRS990/ProgSrvcAccomActy2Grp/Desc0INTERMEDIARY LENDING PROGRAM, DID NOT FUND ANY LOANS IN 2020, BUT 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/ExpenseAmt07217
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt036260
IRS990/ProgSrvcAccomActy3Grp/Desc0INTERMEDIARY RELENDING PROGRAM 2 & 3, 3 LOANS FUNDED IN 2019, 59 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/ExpenseAmt04975
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt038031
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/ExpenseAmt06185
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt077805
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt017153
IRS990/PYInvestmentIncomeAmt0253074
IRS990/PYOtherExpensesAmt0724005
IRS990/PYOtherRevenueAmt019577
IRS990/PYProgramServiceRevenueAmt01094554
IRS990/PYRevenuesLessExpensesAmt0-298823
IRS990/PYSalariesCompEmpBnftPaidAmt0924870
IRS990/PYTotalExpensesAmt01666028
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01367205
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-70531
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01407628
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01495952
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01940490
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0175883
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0253074
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0220276
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0177876
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0141457
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0968566
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01259347
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01094554
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01047220
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0921238
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0966006
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt05288365
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0175883
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0253074
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0220276
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0177876
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0141457
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0968566
IRS990ScheduleA/InvestmentIncomeCYPct00.15130
IRS990ScheduleA/InvestmentIncomePYPct00.15330
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt045694
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt019577
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt033679
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt044672
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt01125
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0144747
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.82610
IRS990ScheduleA/PublicSupportPY509Pct00.83020
IRS990ScheduleA/PublicSupportTotal509Amt05288365
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01259347
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01094554
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01047220
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0921238
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0966006
IRS990ScheduleA/Total509Grp/TotalAmt05288365
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01480924
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01367205
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01301175
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01143786
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01108588
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt06401678
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01508497
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0103738
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01612235
IRS990ScheduleD/EquipmentGrp/BookValueAmt069098
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0176411
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0245509
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/TotalBookValueLandBuildingsAmt01775235
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt012500
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
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/SupplementalInformationDetail/ExplanationTxt0FUNDS GRANTED WITH THE DIRECTION THAT THEY WERE ABLE TO USE THE FUNDS AS AN ECONOMIC INVESTMENT.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00

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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
2020Detailed filing. Detailed filing data is available for this year.$6.15$3.19$2.97$1.48$1.55$0.07
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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