Form 990-EZ for tax year 2025
Filed by VALLEY PROSPERITY PARTNERSHIP.
Totals
- Total revenue
- $25,000
- Total expenses
- $23,511
- Contributions and grants received
- $25,000
- Grants paid
- not reported
- Program service revenue
- not reported
- Membership dues (line 3)
- not reported
- Investment income (line 4)
- not reported
- Gain or loss on sale of assets (line 5c)
- not reported
- Gaming and fundraising events, net (line 6d)
- not reported
- Gross profit on inventory sales (line 7c)
- not reported
- Other revenue (line 8)
- not reported
- Total assets, end of year
- $3,891
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $3,891
- Program service expenses (Part III)
- $0
Program services were 0.0% of total expenses calculated — Part III's total program service expenses over total expenses, both as filed.
Mission and programs · 2025
Primary exempt purpose
TO IDENTIFY AND PROMOTE THE STRATEGIC ECONOMIC OPPORTUNITIES OF THE RED RIVER VALLEY REGION IN BOTH ND AND MN AND TO STRENGTHEN THE ECONOMIC OUTLOOK OF THE REGION.
-
THE VALLEY PROSPERITY PARTNERSHIP ADVOCATED FOR STATE POLICY DURING THE 2025 NORTH DAKOTA LEGISLATIVE SESSION TO SUPPORT THE FOLLOWING PRIORITIES.THE RED RIVER WATER SUPPLY PROJECT WILL PROVIDE A SUPPLEMENTAL WATER OPTION TO CENTRAL NORTH DAKOTA AND THE RED RIVER VALLEY TO MITIGATE AGAINST DROUGHT CONDITIONS THAT WOULD CAUSE COSTLY WATER SHORTAGES. THE VPP CONTINUES TO ADVOCATE FOR ACCELERATION OF THE PROJECT TO REDUCE COSTS AND PUT THE PROJECT INTO OPERATION AS SOON AS POSSIBLE. THE PROJECT IS SLATED FOR COMPLETION IN 2031AT A COST OF $1.2 BILLION OF WHICH $953 MILLION IS STATE FUNDING AND THE REMAINDER IS COMMITTED BY LOCALITIES. THE EASTERN NORTH DAKOTA ALTERNATE WATER SUPPLY, WHICH MAKES USE OF THE MCCLUSKY CANAL AS AN ALTERNATE WATER SOURCE WILL SAVE MILLIONS OF DOLLARS IN CONSTRUCTION COSTS, AS WELL AS OPERATIONS AND MAINTENANCE COSTS. ONGOING FUNDING WAS SECURED IN THE 2025 LEGISLATIVE SESSION. BAKKEN EAST PIPELINE PROJECT PROPOSED BY WBI ENERGY IS A FORWARD-LOOKING INFRASTRUCTURE INVESTMENT THAT WILL NOT ONLY ENHANCE ENERGY RELIABILITY ACROSS NORTH DAKOTA BUT ALSO POSITION OUR STATE AS A COMPETITIVE DESTINATION FOR FUTURE OPPORTUNITIES IN MANUFACTURING, AG PROCESSING, AND HIGH-TECH INDUSTRIES SUCH AS DATA CENTERS. BY ENSURING A STABLE SUPPLY OF NATURAL GAS, THIS PROJECT WILL: ENABLE THE DEVELOPMENT OF ENERGY-INTENSIVE INDUSTRIES. SUPPORT SUSTAINABILITY GOALS THROUGH CLEANER-BURNING FUEL AND LOWER EMISSIONS. ATTRACT LONG-TERM INVESTMENT AND HIGH-PAYING JOBS TO OUR COMMUNITIES. DIVERSIFY OUR STATE'S ECONOMY BEYOND TRADITIONAL ENERGY SECTORS. IN ADDITION TO ITS ECONOMIC BENEFITS, THE PIPELINE WILL HELP REDUCE FLARING IN THE BAKKEN, IMPROVING ENVIRONMENTAL OUTCOMES AND PRESERVING VALUABLE RESOURCES THAT WOULD OTHERWISE BE WASTED. THE LEGISLATURE APPROVED AN UP TO $50 MILLION ANNUAL PURCHASE GAP FOR UP TO 10 YEARS TO SUPPORT THE PROJECT'S OPERATION IN 2025. THE PROJECT IS EXPECTED TO BE COMPLETED BY THE PIPELINE REACHING CASS COUNTY IN 2030. THE AVAILABILITY, AFFORDABILITY, AND QUALITY OF CHILDCARE SERVICES IS A FORMIDABLE BARRIER TO WORKFORCE PARTICIPATION IN ALL SECTORS OF THE ECONOMY. THE VPP SUPPORTED FUNDING TO INCREASE ELIGIBILITY FOR CHILDCARE ASSISTANCE PAYMENTS (CCAP), FOR ENHANCED ASSISTANCE FOR INFANT AND TODDLERS, FOR AN EMPLOYER-LED COST-SHARE PROGRAM, FOR A NON-TRADITIONAL HOURS-OF-CARE PILOT PROGRAM, AND GRANTS FOR PROVIDER SHARED SERVICES AND START-UPS, AND FOR STREAMLINING BACKGROUND CHECKS. THE RED RIVER VALLEY CONTINUES TO FACE CRITICAL WORKFORCE CHALLENGES. THE VPP'S FOCUS IN 2025 WAS TO ADVOCATE FOR AN INCREASE OF FUNDING FOR OPERATION INTERN AND THE REGIONAL WORKFORCE IMPACT PROGRAM TO EMPOWER LOCALLY LED SOLUTIONS TO ONE OF THE STATE'S GREATEST CHALLENGES. WORKFORCE NEEDS VARY BY REGION THROUGHOUT NORTH DAKOTA, SO A ONE SIZE FITS ALL APPROACH IS UNREALISTIC AND WOULD NOT ADEQUATELY ADDRESS CHALLENGES IN ALL PARTS OF THE STATE. BY CREATING A REGIONAL FUNDING MECHANISM TO SUPPORT WORKFORCE INITIATIVES, LOCAL AND REGIONAL PARTNERS CAN ARTICULATE THEIR NEEDS AND THE ABILITY TO ACCESS FUNDING TO ADDRESS THEM. INTERNSHIPS ARE A PROVEN WAY TO CONNECT COMPANIES WITH YOUNG PEOPLE WHOSE INTERESTS AND CAPABILITIES MATCH, THEREBY FILLING JOBS IN THE STATE. EACH OF THESE PROGRAMS RECEIVED AN APPROPRIATION IN THE 2025 LEGISLATIVE SESSION. THE VPP SUPPORTED EFFORTS TO PROVIDE FUNDING FOR THE GRAND FORKS CHILDREN'S MUSEUM AND THE FARGO-MOORHEAD SCIENCE MUSEUM. THE GRAND FORKS MUSEUM IS INTENDED AS A HANDS-ON SCIENCE CENTER THAT WILL FEATURE INTERACTIVE EXHIBITS AND PROGRAMS FOCUSED ON STEAM (SCIENCE, TECHNOLOGY, ENGINEERING, ARTS, AND MATHEMATICS), HIGHLIGHTING REGIONAL INDUSTRIES AND RESOURCES. IN FARGO, THE FARGO-MOORHEAD SCIENCE MUSEUM IS INTENDED TO BE A REGIONAL DESTINATION FOR STEM LEARNING WITH INTERACTIVE EXHIBITS. FUNDING FOR BOTH MUSEUMS WAS SECURED IN THE 2025 LEGISLATIVE SESSION.
As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part IV
-
Chris WolfCHRIS WOLF
CO-CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Keith LundKEITH LUND
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mike McLeanMIKE MCLEAN
CO-CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Shannon Roers JonesSHANNON ROERS JONES
VICE-CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Joseph RasoJOSEPH RASO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Barry WilfahrtBARRY WILFAHRT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Shannon FullSHANNON FULL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Delore ZimmermanDELORE ZIMMERMAN
EXECUTIVE DIRECTOR
- Total calculated
- $3,000
- Compensation
- $3,000
- Benefit plans
- $0
- Expense account
- $0
- Hours/week
- 1
Compensation is as filed in Part IV of the Form 990-EZ: compensation, contributions to benefit plans, expense account, 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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990_ez
- Tax year
- 2025
- Filed
- 26 August 2026
- IRS schema version
- 2025v4.2
- Source object
- 202602389349201065
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.