Skip to content
Nonprofiteer
← FARGO-MOORHEAD AREA FOUNDATION CORPORATION

Form 990 for tax year 2023

Filed by FARGO-MOORHEAD AREA FOUNDATION CORPORATION.

Totals

Total revenue
$8,034,362
Total expenses
$9,175,156
Contributions and grants received
$5,943,790
Grants paid
$7,127,664
Program service revenue
not reported
Investment income
not reported
Other revenue
not reported
Total assets, end of year
not reported
Total liabilities, end of year
not reported
Net assets or fund balances, end of year
not reported
Program services expenses (Part IX)
$8,330,221
Management and general expenses
$709,545
Fundraising expenses
$135,390
Program service expenses (Part III)
$8,330,221

Program services were 90.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • APRIL WALKER

    IMMEDIATE PAST CHAIR

    Total calculated
    $0
    Hours/week
    2

  • KATRINA TURMAN-LANG

    CHAIR

    Total calculated
    $0
    Hours/week
    3

  • TONI SANDIN

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • GARY NOLTE

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • DON HAUGEN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • SANDY KORBEL

    TRUSTEE REPRESENTATIVE

    Total calculated
    $0
    Hours/week
    1

  • MARILYN GUY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MATTHEW LEISETH

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • BRIAN HAYER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JOHN STERN

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • SHER THOMSEN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • BANK OF THE WEST

    INSTITUTIONAL TRUSTEE

    Total calculated
    $0
    Hours/week
    0

  • WELLS FARGO

    INSTITUTIONAL TRUSTEE

    Total calculated
    $0
    Hours/week
    0

  • BELL STATE BANK & TRUST

    INSTITUTIONAL TRUSTEE

    Total calculated
    $0
    Hours/week
    0

  • BREMER

    INSTITUTIONAL TRUSTEE

    Total calculated
    $0
    Hours/week
    0

  • HEARTLAND TRUST

    INSTITUTIONAL TRUSTEE

    Total calculated
    $0
    Hours/week
    0

  • ALERUS

    INSTITUTIONAL TRUSTEE

    Total calculated
    $0
    Hours/week
    0

  • US BANK

    INSTITUTIONAL TRUSTEE

    Total calculated
    $0
    Hours/week
    0

  • ERIC WILKIE

    EXECUTIVE DIRECTOR

    Total calculated
    $227,304
    From this org
    $199,379
    From related orgs
    $0
    Other
    $27,925
    Hours/week
    40 + 0.75 related

    Schedule J breakdown matched by us

    Base
    $199,379
    Bonus
    $0
    Other
    $0
    Deferred
    $9,969
    Nontaxable benefits
    $17,956
    Filer's total
    $227,304

  • PATRICIA MASTEL

    DIRECTOR OF FINANCE

    Total calculated
    $137,863
    From this org
    $122,514
    From related orgs
    $0
    Other
    $15,349
    Hours/week
    40

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 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 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

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.

Provenance

Return type
form_990
Tax year
2023
Filed
5 September 2024
IRS schema version
2023v5.1
Source object
202432509349301573

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.