Skip to content
Nonprofiteer
← DELTA DENTAL OF MINNESOTA TRUST

Form 990 for tax year 2024

Filed by DELTA DENTAL OF MINNESOTA TRUST.

Totals

Total revenue
$10,381,445
Total expenses
$12,407,801
Contributions and grants received
$0
Grants paid
$11,074,416
Program service revenue
$0
Investment income
$10,381,445
Other revenue
$0
Total assets, end of year
$155,600,673
Total liabilities, end of year
$8,948,331
Net assets or fund balances, end of year
$146,652,342
Program services expenses (Part IX)
$11,074,416
Management and general expenses
$1,333,385
Fundraising expenses
$0
Program service expenses (Part III)
$11,074,416

Program services were 89.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 3 · Investment income

    total $4,101,042 · unrelated business $418 · excluded $4,100,624

  • 7a · Gross sales of assets other than inventory

    securities $35,436,379

  • 7b · Less cost or other basis and sales expenses

    securities $29,155,976

  • 7c · Gain or loss

    securities $6,280,403

  • 7d · Net gain or loss

    total $6,280,403 · excluded $6,280,403

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $10,475,778 · program services $10,475,778

  • 2 · Grants to domestic individuals

    total $598,638 · program services $598,638

  • 5 · Compensation of officers, directors and key employees

    total $360,573 · management and general $360,573

  • 7 · Other salaries and wages

    total $333,522 · management and general $333,522

  • 8 · Pension plan contributions

    total $25,899 · management and general $25,899

  • 9 · Other employee benefits

    total $43,181 · management and general $43,181

  • 10 · Payroll taxes

    total $40,366 · management and general $40,366

  • 11b · Fees: legal

    total $9,043 · management and general $9,043

  • 11c · Fees: accounting

    total $33,439 · management and general $33,439

  • 11f · Fees: investment management

    total $351,183 · management and general $351,183

  • 13 · Office expenses

    total $795 · management and general $795

  • 14 · Information technology

    total $42,981 · management and general $42,981

  • 16 · Occupancy

    total $43,085 · management and general $43,085

  • 17 · Travel

    total $13,357 · management and general $13,357

  • 19 · Conferences, conventions and meetings

    total $3,280 · management and general $3,280

  • 23 · Insurance

    total $12,039 · management and general $12,039

  • 24a · Other expenses: MISCELLANEOUS

    total $16,081 · management and general $16,081

  • 24b · Other expenses: BANK CHARGES

    total $4,561 · management and general $4,561

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $455,975 · end of year $108,221

  • 2 · Savings and temporary cash investments

    beginning of year $4,796,317 · end of year $5,335,083

  • 4 · Accounts receivable

    beginning of year $44,791 · end of year $30,067

  • 9 · Prepaid expenses and deferred charges

    beginning of year $13,400 · end of year $900

  • 12 · Investments: other securities

    beginning of year $140,759,736 · end of year $150,126,402

  • 17 · Accounts payable and accrued expenses

    beginning of year $47,890 · end of year $127,895

  • 18 · Grants payable

    beginning of year $3,938,610 · end of year $8,727,821

  • 25 · Other liabilities

    beginning of year $69,287 · end of year $92,615

  • 27 · Net assets without donor restrictions

    beginning of year $142,014,432 · end of year $146,652,342

Mission and programs · 2024

Mission

DELTA DENTAL OF MINNESOTA FOUNDATION IS COMMITTED TO IMPROVING ORAL HEALTH, EXPANDING ACCESS TO DENTAL CARE, AND HELPING COMMUNITIES THRIVE ACROSS MINNESOTA.

Activities or mission (Part I)

DELTA DENTAL OF MINNESOTA FOUNDATION IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL, AND SCIENTIFIC PURPOSES EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PUBLIC HEALTH PURPOSE OF THE DELTA DENTAL SUPPORTED ORGANIZATIONS IN MINNESOTA AND INITIALLY FOR DENTAL PUBLIC HEALTH.

  • DELTA DENTAL OF MINNESOTA FOUNDATION'S (THE FOUNDATION) FOCUS IS HELPING MINNESOTA COMMUNITIES THRIVE BY ADDRESSING GAPS IN ORAL HEALTH SERVICES, FUELING ORAL HEALTH PREVENTION AND EDUCATION, BUILDING THE ORAL HEALTHCARE WORKFORCE FOR TOMORROW, STRENGTHENING CONNECTIONS TO COMMUNITY HEALTH, AND ADVANCING ORAL HEALTH SCIENCE AND INNOVATION. THE PRIMARY ACTION AREAS ARE: A) SUPPORTING COMMUNITIES IN FOSTERING AND EXPERIENCING CULTURES OF GOOD ORAL AND OVERALL HEALTH; B) IMPROVING ACCESS TO AGE-APPROPRIATE ORAL HEALTH SERVICES FOR ALL CHILDREN; C) SUPPORTING THE DELIVERY OF ORAL HEALTH CARE BY SUSTAINABLE, INTERPROFESSIONAL AND CULTURALLY SKILLED TEAMS; AND D) SUPPORTING RESEARCH INVESTIGATING CLINICALLY SIGNIFICANT ADVANCEMENTS TO ORAL HEALTH SCIENCE AND INNOVATION.

    Expenses $10,475,778 · Grants $10,475,778

  • THE FOUNDATION DISTRIBUTES DENTAL KITS FREE OF CHARGE TO 1ST GRADE STUDENTS IN MINNESOTA. SCHOOLS APPLY FOR KITS IN THE FALL AND THE FOUNDATION WORKS WITH OUTSIDE VENDORS TO PROCURE KITS. DURING 2024, MORE THAN 53,000 KITS WERE DELIVERED TO 643 SCHOOLS BASED ON FALL 2023 ENROLLMENT.

    Expenses $598,638 · Grants $598,638

As filed on the 2024 return.

Listed in Part VII

  • Rodney A Young

    CEO & DIRECTOR

    Total calculated
    $3,703,644
    From this org
    $0
    From related orgs
    $3,646,131
    Other
    $57,513
    Hours/week
    0.2 + 39.8 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,261,950 related
    Bonus
    $0 + $2,361,181 related
    Other
    $0 + $23,000 related
    Deferred
    $0 + $24,150 related
    Nontaxable benefits
    $0 + $33,363 related
    Filer's total
    $0 + $3,703,644 related

  • Stephanie A Albert

    PRESIDENT & DIRECTOR

    Total calculated
    $1,401,394
    From this org
    $0
    From related orgs
    $1,345,141
    Other
    $56,253
    Hours/week
    11.2 + 38.8 related

    Schedule J breakdown matched by us

    Base
    $0 + $545,074 related
    Bonus
    $0 + $777,067 related
    Other
    $0 + $23,000 related
    Deferred
    $0 + $24,150 related
    Nontaxable benefits
    $0 + $32,103 related
    Filer's total
    $0 + $1,401,394 related

  • Bruce Templeton DMD

    CHAIR

    Total calculated
    $43,323
    From this org
    $0
    From related orgs
    $42,250
    Other
    $1,073
    Hours/week
    1 + 5.2 related

  • Kimberly F Price

    TREASURER

    Total calculated
    $95,073
    From this org
    $0
    From related orgs
    $94,000
    Other
    $1,073
    Hours/week
    1 + 6.1 related

  • Lyndsay Bates DDS

    VICE CHAIR

    Total calculated
    $40,820
    From this org
    $0
    From related orgs
    $39,000
    Other
    $1,820
    Hours/week
    0.5 + 2.8 related

  • John W Bluford

    VICE CHAIR (TERM 09/2024)

    Total calculated
    $40,073
    From this org
    $0
    From related orgs
    $39,000
    Other
    $1,073
    Hours/week
    0.4 + 2.8 related

  • Susan C Anderson

    DIRECTOR

    Total calculated
    $40,073
    From this org
    $0
    From related orgs
    $39,000
    Other
    $1,073
    Hours/week
    0.2 + 2.8 related

  • Kate Mortenson

    SECRETARY

    Total calculated
    $35,000
    From this org
    $0
    From related orgs
    $35,000
    Other
    $0
    Hours/week
    0.5 + 2.1 related

  • Tamera K Robinson

    EVP & CFO, STRATACOR

    Total calculated
    $1,893,506
    From this org
    $0
    From related orgs
    $1,854,548
    Other
    $38,958
    Hours/week
    0.4 + 49.6 related

    Schedule J breakdown matched by us

    Base
    $0 + $800,426 related
    Bonus
    $0 + $1,031,122 related
    Other
    $0 + $23,000 related
    Deferred
    $0 + $24,150 related
    Nontaxable benefits
    $0 + $14,808 related
    Filer's total
    $0 + $1,893,506 related

  • Carol M Houghtby Watson

    ASSISTANT TREASURER

    Total calculated
    $670,538
    From this org
    $0
    From related orgs
    $628,282
    Other
    $42,256
    Hours/week
    0.3 + 49.7 related

    Schedule J breakdown matched by us

    Base
    $0 + $392,910 related
    Bonus
    $0 + $212,372 related
    Other
    $0 + $23,000 related
    Deferred
    $0 + $24,150 related
    Nontaxable benefits
    $0 + $18,106 related
    Filer's total
    $0 + $670,538 related

  • Nadia Martyn

    ASSISTANT SECRETARY

    Total calculated
    $560,704
    From this org
    $0
    From related orgs
    $488,936
    Other
    $71,768
    Hours/week
    0.8 + 49.2 related

    Schedule J breakdown matched by us

    Base
    $0 + $300,735 related
    Bonus
    $0 + $169,727 related
    Other
    $0 + $18,474 related
    Deferred
    $0 + $24,150 related
    Nontaxable benefits
    $0 + $47,618 related
    Filer's total
    $0 + $560,704 related

  • Sharon Oswald

    AVP, DDMN FOUNDATION

    Total calculated
    $235,839
    From this org
    $0
    From related orgs
    $192,966
    Other
    $42,873
    Hours/week
    34.3 + 5.7 related

    Schedule J breakdown matched by us

    Base
    $0 + $151,354 related
    Bonus
    $0 + $41,612 related
    Other
    $0
    Deferred
    $0 + $14,123 related
    Nontaxable benefits
    $0 + $28,750 related
    Filer's total
    $0 + $235,839 related

  • John Howe

    SR DIRECTOR, FOUNDATION

    Total calculated
    $230,928
    From this org
    $0
    From related orgs
    $201,076
    Other
    $29,852
    Hours/week
    18.2 + 21.8 related

    Schedule J breakdown matched by us

    Base
    $0 + $157,146 related
    Bonus
    $0 + $43,930 related
    Other
    $0
    Deferred
    $0 + $14,269 related
    Nontaxable benefits
    $0 + $15,583 related
    Filer's total
    $0 + $230,928 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 5b · Pay contingent on a related organization's revenues
  • 6b · Pay contingent on a related organization's net earnings

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
ALL COMPENSATION IS PAID BY STRATACOR OR ABOVA TALENT, BOTH RELATED ORGANIZATIONS. STRATACOR AND ABOVA TALENT USE THE FOLLOWING TO ESTABLISH COMPENSATION: - COMPENSATION COMMITTEE - INDEPENDENT COMPENSATION CONSULTANT - FORM 990 OF OTHER ORGANIZATIONS - COMPENSATION SURVEY OR STUDY - APPROVAL BY BOARD OR COMPENSATION COMMITTEE
PART I, LINE 5
ALL ELIGIBLE EMPLOYEES MAY PARTICIPATE IN THE EMPLOYEE INCENTIVE PLAN WHICH IS APPROVED BY THE HUMAN RESOURCES AND COMPENSATION COMMITTEE OF THE BOARD. THE PLAN ALLOWS FOR AN INCENTIVE PLAN PAYOUT BASED ON THREE COMPONENTS: THE RELATED COMPANY'S FINANCIAL PERFORMANCE, CUSTOMER AND EMPLOYEE EXPERIENCE, AND INDIVIDUAL GOALS. WITHIN THE CALCULATION OF THE RELATED COMPANY'S FINANCIAL PERFORMANCE, THERE IS A COMPONENT BASED ON REVENUE AND A COMPONENT BASED ON OPERATING EARNINGS. THE INCENTIVE AMOUNT IS BASED ON THE MATHEMATICAL CALCULATION OF THE RESULTS FOR EACH COMPONENT. FOR 2024, EACH EMPLOYEE'S AMOUNT WAS CALCULATED WITH 75% WEIGHT BASED ON THE RELATED COMPANY PERFORMANCE AND 25% WEIGHT BASED ON THEIR INDIVIDUAL PERFORMANCE.
PART I, LINE 6
ALL ELIGIBLE EMPLOYEES MAY PARTICIPATE IN THE EMPLOYEE INCENTIVE PLAN WHICH IS APPROVED BY THE HUMAN RESOURCES AND COMPENSATION COMMITTEE OF THE BOARD. THE PLAN ALLOWS FOR AN INCENTIVE PLAN PAYOUT BASED ON THREE COMPONENTS: THE RELATED COMPANY'S FINANCIAL PERFORMANCE, CUSTOMER AND EMPLOYEE EXPERIENCE, AND INDIVIDUAL GOALS. WITHIN THE CALCULATION OF THE RELATED COMPANY'S FINANCIAL PERFORMANCE, THERE IS A COMPONENT BASED ON REVENUE AND A COMPONENT BASED ON OPERATING EARNINGS. THE INCENTIVE AMOUNT IS BASED ON THE MATHEMATICAL CALCULATION OF THE RESULTS FOR EACH COMPONENT. FOR 2024, EACH EMPLOYEE'S AMOUNT WAS CALCULATED WITH 75% WEIGHT BASED ON THE RELATED COMPANY PERFORMANCE AND 25% WEIGHT BASED ON THEIR INDIVIDUAL PERFORMANCE.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • HEALTH VENTURES NETWORK

    C · VISION COVERAGE · MN

  • ABOVA INC

    C · SALE OF DENTAL PRODUCTS AND CONSULTING · DE

  • TRASKA INC

    C · BEMIDJI BUILDING HOLDING CO · DE

Provenance

Return type
form_990
Tax year
2024
Filed
5 November 2025
IRS schema version
2024v5.2
Source object
202543189349309064

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.