Skip to content
Nonprofiteer
← NORTH DAKOTA STOCKMENS FOUNDATION

Form 990 for tax year 2022

Filed by NORTH DAKOTA STOCKMENS FOUNDATION.

Totals

Total revenue
$625,223
Total expenses
$313,231
Contributions and grants received
$609,604
Grants paid
$282,664
Program service revenue
$0
Investment income
$2,302
Other revenue
$13,317
Total assets, end of year
$965,697
Total liabilities, end of year
$84
Net assets or fund balances, end of year
$965,613
Program services expenses (Part IX)
$287,603
Management and general expenses
$20,555
Fundraising expenses
$5,073
Program service expenses (Part III)
$287,679

Program services were 91.8% 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.

  • 1f · All other contributions, gifts and grants

    $609,604

  • 3 · Investment income

    total $1,769 · excluded $1,769

  • 7a · Gross sales of assets other than inventory

    securities $4,509

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

    securities $3,976

  • 7c · Gain or loss

    securities $533

  • 7d · Net gain or loss

    total $533 · related or exempt $533

  • 8a · Fundraising events: gross income

    $14,475

  • 8b · Fundraising events: direct expenses

    $1,158

  • 8c · Net income from fundraising events

    total $13,317 · excluded $13,317

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $282,664 · program services $282,664

  • 11a · Fees: management

    total $9,520 · management and general $9,520

  • 11c · Fees: accounting

    total $4,725 · management and general $4,725

  • 11f · Fees: investment management

    total $2,211 · management and general $2,211

  • 12 · Advertising and promotion

    total $5,073 · fundraising $5,073

  • 13 · Office expenses

    total $3,499 · management and general $3,499

  • 23 · Insurance

    total $600 · management and general $600

  • 24a · Other expenses: SUPPORT ASSN BUILDING

    total $4,939 · program services $4,939

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $104,115 · end of year $388,421

  • 2 · Savings and temporary cash investments

    beginning of year $317,339 · end of year $316,316

  • 4 · Accounts receivable

    beginning of year $1,550

  • 9 · Prepaid expenses and deferred charges

    end of year $20,592

  • 11 · Investments: publicly traded securities

    beginning of year $270,258 · end of year $240,368

  • 17 · Accounts payable and accrued expenses

    beginning of year $553 · end of year $84

  • 27 · Net assets without donor restrictions

    beginning of year $366,348 · end of year $661,346

  • 28 · Net assets with donor restrictions

    beginning of year $326,361 · end of year $304,267

Mission and programs · 2022

Mission

TO ENGAGE IN EDUCATIONAL, PROMOTIONAL, AND RESEARCH ACTIVITIES DEDICATED TO THE IMPROVEMENT OF THE BEEF CATTLE INDUSTRY.

  • THE NDSF PROVIDED FINANCIAL SUPPORT FOR DISASTER RELIEF TO NORTH DAKOTA PRODUCERS FROM THE HOPE AFTER HALEY DISASTER RELIEF FUND.

    Expenses $276,414 · Grants $276,414

  • AWARDED TEN SCHOLARSHIPS TO STUDENTS INTERESTED IN CAREERS IN THE BEEF CATTLE INDUSTRY AND RELATED INDUSTRIES.

    Expenses $6,250 · Grants $6,250

  • SUPPORT OF NORTH DAKOTA STOCKMEN'S ASSOCIATION CHARITABLE ACTIVITIES.

    Expenses $5,015

As filed on the 2022 return.

Listed in Part VII

  • Dan Rorvig

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • Jeff Schafer

    VICE PRESIDE

    Total calculated
    $0
    Hours/week
    2

  • Julie Ellingson

    SEC/TREAS

    Total calculated
    $0
    Hours/week
    4

  • Terrald Bang

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Teresa Dvorak

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jerry Effertz

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Gene Heinrich

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Howdy Lawlar

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jason Leiseth

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Wendy Stuber

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

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.

Grants on this return

No itemized grants to organizations on this return.

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.

Provenance

Return type
form_990
Tax year
2022
Filed
6 November 2023
IRS schema version
2022v5.0
Source object
202323179349303677

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.