Form 990 for tax year 2022
Filed by NORTH DAKOTA FARMERS UNION EDUCATIONAL FOUNDATION.
Totals
- Total revenue
- $281,266
- Total expenses
- $232,696
- Contributions and grants received
- $227,500
- Grants paid
- $227,500
- Program service revenue
- $0
- Investment income
- $53,766
- Other revenue
- $0
- Total assets, end of year
- $1,872,460
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $1,872,460
- Program services expenses (Part IX)
- $232,696
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $232,696
Program services were 100.0% 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.
-
1d · Related organizations
$227,500
-
3 · Investment income
total $36,886 · excluded $36,886
-
7a · Gross sales of assets other than inventory
securities $121,342
-
7b · Less cost or other basis and sales expenses
securities $104,462
-
7c · Gain or loss
securities $16,880
-
7d · Net gain or loss
total $16,880 · excluded $16,880
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $227,500 · program services $227,500
-
11f · Fees: investment management
total $5,196 · program services $5,196
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $7,211 · end of year $20,711
-
2 · Savings and temporary cash investments
beginning of year $797,455 · end of year $295,325
-
11 · Investments: publicly traded securities
beginning of year $887,574 · end of year $1,556,424
-
27 · Net assets without donor restrictions
beginning of year $1,692,240 · end of year $1,872,460
Mission and programs · 2022
Mission
THE PURPOSE OF ND FARMERS EDUCATIONAL FOUNDATION IS TO SUPPORT THE NORTH DAKOTA FARMERS UNION FOUNDATION.
Activities or mission (Part I)
THE PURPOSE OF THE ND FARMERS EDUCATIONAL FOUNDATION IS TO SUPPORT THE NORTH DAKOTA FARMERS UNION FOUNDATION.
-
FUNDING CONTRIBUTED TO ND FARMERS UNION TO CARRY OUT A YOUTH CAMPING PROGRAM AND DAY CLASSES. THIS CAMPING PROGRAM AND DAY CLASSES TEACH ECONOMIC DEVELOPMENT THROUGH THE COOPERATIVE FORM OF BUSINESS.
Expenses $232,696 · Grants $227,500
As filed on the 2022 return.
Listed in Part VII
-
Shane SicklerSHANE SICKLER
DIRECTOR
- Total calculated
- $20,004
- From this org
- $0
- From related orgs
- $20,004
- Other
- $0
- Hours/week
- 1 + 6 related
-
Mark WatneMARK WATNE
PRESIDENT
- Total calculated
- $548,708
- From this org
- $0
- From related orgs
- $539,558
- Other
- $9,150
- Hours/week
- 1 + 21 related
Schedule J breakdown matched by us
- Base
- $0 + $539,558 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $9,150 related
- Nontaxable benefits
- $0
- Filer's total
- $0 + $548,708 related
-
Robert KuylenROBERT KUYLEN
VICE PRESIDENT
- Total calculated
- $38,500
- From this org
- $0
- From related orgs
- $38,500
- Other
- $0
- Hours/week
- 1 + 6 related
-
Wesley NiedermanWESLEY NIEDERMAN
SECRETARY
- Total calculated
- $21,475
- From this org
- $0
- From related orgs
- $21,475
- Other
- $0
- Hours/week
- 1 + 6 related
-
Ronda ThroenerRONDA THROENER
TREASURER
- Total calculated
- $26,081
- From this org
- $0
- From related orgs
- $26,081
- Other
- $0
- Hours/week
- 1 + 6 related
-
Tyler StafslienTYLER STAFSLIEN
DIRECTOR
- Total calculated
- $18,200
- From this org
- $0
- From related orgs
- $18,200
- Other
- $0
- Hours/week
- 1 + 6 related
-
Michelle ZieschMICHELLE ZIESCH
DIRECTOR
- Total calculated
- $27,000
- From this org
- $0
- From related orgs
- $27,000
- Other
- $0
- Hours/week
- 1 + 6 related
-
Robert FinkenROBERT FINKEN
DIRECTOR
- Total calculated
- $27,950
- From this org
- $0
- From related orgs
- $27,950
- Other
- $0
- Hours/week
- 1 + 6 related
-
Jon IversonJON IVERSON
DIRECTOR
- Total calculated
- $14,625
- From this org
- $0
- From related orgs
- $14,625
- Other
- $0
- Hours/week
- 1 + 6 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
- 3 · Written employment contract
- 3 · Approval by the board or compensation committee
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
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
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
-
TO SUPPORT YOUTH CAMP AND EDUCATION OF FAMILY FARM AGRICULTURE AND COOPERATIVE BUSINESS MODEL
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.
-
NORTH DAKOTA FARMERS UNION FOUNDATION
501(C)(3) · YOUTH CAMPING PROGRAM AND DAY CLASSES TEACHING ECONOMIC DEVELOPMENT · ND · controlled entity
Directly controlled by FARMERS EDUCATIONAL AND COOPERATIVE UNION OF AMERICA - ND DIVISION
-
FARMERS EDUCATIONAL AND COOPERATIVE UNION OF AMERICA
501(C)(5) · ORGANIZATION COMMITTED TO THE PROSPERITY OF FAMILY FARMS AND RANCHES · ND
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 6 February 2024
- IRS schema version
- 2022v5.0
- Source object
- 202440579349300859
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