Form 990 for tax year 2025

Totals

Total revenue

$293,591

Total expenses

$243,451

Contributions and grants received

$291,901

Grants paid

$0

Program service revenue

$0

Investment income

$0

Other revenue

$1,690

Total assets, end of year

$58,084

Total liabilities, end of year

$19,790

Net assets or fund balances, end of year

$38,294

Program services expenses (Part IX)

$225,646

Management and general expenses

$17,805

Fundraising expenses

$0

Program service expenses (Part III)

$225,646

Program services were 92.7% 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.

Mission and programs · 2025

• ND REC Foundation provides training and technical assistance to sustain quality of life for rural people and businesses at no charge to the individuals or businesses. The focus of the technical assistance recently is around food access in rural communities. ND REC Foundation was a subawardee for a USDA Regional Food Business Center 5-year grant with Region Five Development Commission. Purpose of the grant was to pay for employees' time to provide direct technical assistance to small-and-mid-sized food and farm businesses by partnering with other organizations in the region to develop a statewide action plan that will be aggregated with other regional state plans to find common goals and objectives to help with local and statewide objectives. (Continued on Schedule O)The work on this grant ended in early 2025 after the administration change determined the grant not in alignment with their priorities. ND REC Foundation was also awarded a Local Foods Promotion Program 3-year grant from USDA Agricultural Marketing Service to assist with providing technical assistance around local food aggregation and redistribution in a region within North Dakota and how this might help to reduce costs, increase local producers marketing reach and provide rural communities more access to fresh, local foods. The work on this grant in 2025 consisted of working with the various subcommittees to determine their needs out of the project, working with an architect to determine a possible layout for a building, and meeting with similar organizations to learn from them. ND REC Foundation was also awarded a grant from ND Department of Commerce to support a lineworker and electrical summer camp for high school students from around the state to help increase interest and awareness around these trades. The work on this grant in 2025 consisted of creating the itinerary, coordinating housing, transportation and meals for the students, and providing the administration of the grant. ND REC Foundation was awarded a Rural Food Sustainability grant from ND Department of Commerce to provide technical assistance to rural grocery stores in ND.

  Expenses $180,646

• Collecting contributions to be used to build a new lineworker training facility that will be used jointly by NDAREC and BSC. Primarily the building will be leased by BSC to provide education to students interested in becoming lineworkers. Education and training courses will also be held by NDAREC in the facility for current lineworkers to teach new skills, providing safety training, and other relevant education and training needs.

  Expenses $45,000

As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

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

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

No itemized grants to organizations on this return.

Provenance

Return type

form_990

Tax year

2025

Filed

26 August 2026

IRS schema version

2025v4.2

Source object

202632409349300138

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