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← NORTHLAND FOUNDATION

Form 990 for tax year 2024

Filed by NORTHLAND FOUNDATION.

Totals

Total revenue
$14,042,992
Total expenses
$11,406,033
Contributions and grants received
$7,167,067
Grants paid
$5,624,213
Program service revenue
$443,937
Investment income
$6,429,147
Other revenue
$2,841
Total assets, end of year
$124,680,871
Total liabilities, end of year
$3,688,174
Net assets or fund balances, end of year
$120,992,697
Program services expenses (Part IX)
$9,720,483
Management and general expenses
$1,488,060
Fundraising expenses
$197,490
Program service expenses (Part III)
$9,720,483

Program services were 85.2% 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.

  • 1e · Government grants (contributions)

    $6,146,167

  • 1f · All other contributions, gifts and grants

    $1,020,900

  • 2a · Program service revenue: LOAN PROGRAM INTEREST INCOME

    total $412,336 · related or exempt $412,336

  • 2b · Program service revenue: LOAN ORIGINATION FEES

    total $21,555 · related or exempt $21,555

  • 2c · Program service revenue: LOAN PROGRAM OTHER INCOME

    total $10,046 · related or exempt $10,046

  • 3 · Investment income

    total $2,773,741 · excluded $2,773,741

  • 7a · Gross sales of assets other than inventory

    securities $20,456,119 · other assets $13,000

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

    securities $16,813,713 · other assets $0

  • 7c · Gain or loss

    securities $3,642,406 · other assets $13,000

  • 7d · Net gain or loss

    total $3,655,406 · excluded $3,655,406

  • 11a · Other revenue: MISC. REVENUE

    total $2,841 · excluded $2,841

  • 11e · Other revenue, total

    $2,841

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $4,988,249 · program services $4,988,249

  • 2 · Grants to domestic individuals

    total $635,964 · program services $635,964

  • 5 · Compensation of officers, directors and key employees

    total $598,636 · program services $405,157 · management and general $116,063 · fundraising $77,416

  • 7 · Other salaries and wages

    total $1,615,094 · program services $1,423,263 · management and general $136,601 · fundraising $55,230

  • 8 · Pension plan contributions

    total $91,458 · program services $80,163 · management and general $8,207 · fundraising $3,088

  • 9 · Other employee benefits

    total $345,793 · program services $315,902 · management and general $19,241 · fundraising $10,650

  • 10 · Payroll taxes

    total $156,634 · program services $131,368 · management and general $17,082 · fundraising $8,184

  • 11b · Fees: legal

    total $13,892 · program services $13,892

  • 11c · Fees: accounting

    total $96,770 · program services $27,507 · management and general $69,263

  • 11d · Fees: lobbying

    total $1,333 · management and general $1,333

  • 11e · Fees: professional fundraising services

    total $38,400 · fundraising $38,400

  • 11f · Fees: investment management

    total $707,402 · management and general $707,402

  • 11g · Fees: other

    total $1,106,031 · program services $1,089,692 · management and general $16,339

  • 12 · Advertising and promotion

    total $70,024 · program services $31,441 · management and general $38,483 · fundraising $100

  • 13 · Office expenses

    total $65,493 · program services $56,515 · management and general $8,080 · fundraising $898

  • 14 · Information technology

    total $184,993 · program services $38,581 · management and general $146,168 · fundraising $244

  • 16 · Occupancy

    total $54,038 · management and general $54,038

  • 17 · Travel

    total $107,694 · program services $54,940 · management and general $52,754

  • 19 · Conferences, conventions and meetings

    total $116,222 · program services $110,861 · management and general $3,581 · fundraising $1,780

  • 22 · Depreciation, depletion and amortization

    total $69,333 · program services $14,431 · management and general $54,902

  • 23 · Insurance

    total $36,710 · management and general $36,710

  • 24a · Other expenses: PROVISION FOR CREDIT LO

    total $211,035 · program services $211,035

  • 24b · Other expenses: MISCELLANEOUS EXPENSE

    total $54,655 · program services $54,631 · management and general $24

  • 24c · Other expenses: DUES AND SUBSCRIPTIONS

    total $40,180 · program services $36,891 · management and general $1,789 · fundraising $1,500

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,127,954 · end of year $2,826,492

  • 2 · Savings and temporary cash investments

    beginning of year $11,815,580 · end of year $9,657,634

  • 3 · Pledges and grants receivable

    beginning of year $3,297,331 · end of year $1,901,704

  • 4 · Accounts receivable

    beginning of year $45,725 · end of year $51,830

  • 7 · Other notes and loans receivable

    beginning of year $6,140,148 · end of year $7,153,831

  • 9 · Prepaid expenses and deferred charges

    beginning of year $45,080 · end of year $50,772

  • 10a · Land, buildings and equipment: cost or other basis

    $650,923

  • 10b · Land, buildings and equipment: accumulated depreciation

    $368,068

  • 10c · Land, buildings and equipment, net

    beginning of year $195,053 · end of year $282,855

  • 11 · Investments: publicly traded securities

    beginning of year $88,750,470 · end of year $95,906,854

  • 12 · Investments: other securities

    beginning of year $6,202,459 · end of year $6,810,801

  • 15 · Other assets

    beginning of year $81,376 · end of year $38,098

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,889,555 · end of year $803,169

  • 18 · Grants payable

    beginning of year $1,672,571 · end of year $1,856,300

  • 19 · Deferred revenue

    beginning of year $2,529,513 · end of year $990,607

  • 25 · Other liabilities

    beginning of year $81,376 · end of year $38,098

  • 27 · Net assets without donor restrictions

    beginning of year $109,956,815 · end of year $118,731,889

  • 28 · Net assets with donor restrictions

    beginning of year $3,571,346 · end of year $2,260,808

Mission and programs · 2024

Mission

THE NORTHLAND FOUNDATION SUPPORTS NORTHEASTERN MINNESOTA PEOPLE AND COMMUNITIES WORKING TOWARD A FUTURE WHERE EVERYONE FEELS THEY BELONG AND CAN THRIVE.

Activities or mission (Part I)

THE NORTHLAND FOUNDATION SUPPORTS NORTHEAST MINNESOTA PEOPLE AND COMMUNITIES WORKING TOWARD A FUTURE WHERE EVERYONE FEELS THEY BELONG AND CAN THRIVE. THE FOUNDATION ADDRESSES ITS MISSION THROUGH GRANTS, LOANS, PROGRAMMING, AND SPECIAL INITIATIVES.

  • THE GRANT PROGRAM PROVIDES FINANCIAL AND TECHNICAL RESOURCES TO TAX-EXEMPT NONPROFITS AND PUBLIC ENTITIES WITHIN THE NORTHEAST MINNESOTA REGION. OUR PRIORITY AREAS ARE: 1) CHILDREN, YOUTH AND FAMILIES; 2) INDIVIDUAL AND COMMUNITY WELLBEING; AND 3) MAADA'OOKIING, TO SUPPORT GRASSROOTS EFFORTS TO STRENGTHEN INDIGENOUS COMMUNITIES. THE NORTHLAND FOUNDATION ALSO ACTS AS AN INTERMEDIARY GRANTOR WHERE MISSION AND PRIORITIES ALIGN. IN FISCAL YEAR 2025, NORTHLAND AWARDED 203 GRANTS TOTALING $5.3 MILLION AND DISTRIBUTED $359 THOUSAND IN MINNESOTA EARLY LEARNING SCHOLARSHIPS ON BEHALF OF THE STATE.

    Expenses $6,539,579 · Grants $5,624,213

  • THE FOUNDATION'S PROGRAMS FOCUS ON IMPROVING THE WELL-BEING OF CHILDREN AND YOUTH FROM BIRTH TO ADULTHOOD. PROGRAMS PROVIDE: 1) EARLY CHILDHOOD EFFORTS ENCOMPASSING EARLY CARE AND EDUCATION, INFANT/EARLY CHILDHOOD MENTAL HEALTH, EARLY LEARNING SCHOLARSHIP OUTREACH, AND INCREASED ACCESS TO HIGH-QUALITY CHILD CARE; 2) YOUTH PROGRAMS INCLUDING LEADERSHIP DEVELOPMENT AND PHILANTHROPY ENGAGEMENT; AND 3) INTERGENERATIONAL PROGRAMS CONNECTING YOUNG PEOPLE WITH ADULTS 55+. IN FISCAL YEAR 2025, PROGRAMS ENGAGED 1,358 PEOPLE IN 58 TRAININGS AND CONVENINGS, SUPPORTED 134 CHILD CARE PROVIDERS AND 940 CHILDREN THROUGH EARLY LEARNING SCHOLARSHIPS ADMINISTRATION; AND ENGAGED PEOPLE OF ALL AGES IN THE REGION.

    Expenses $1,596,497

  • THE BUSINESS SERVICES PROGRAM OFFERS TECHNICAL ASSISTANCE AND FLEXIBLE FINANCING TO ASSIST WITH BUSINESS START-UP AND EXPANSION WITHIN OUR 7-COUNTY REGION, IN ORDER TO BOLSTER THE REGIONAL ECONOMY AND PROMOTE JOB CREATION - CRITICAL COMPONENTS OF THRIVING COMMUNITIES. FINANCING IS OFTEN IN THE FORM OF GAP LENDING MADE IN PARTNERSHIP WITH BANKS OR OTHER DEVELOPMENT LENDERS. BORROWERS MAY BE FOR-PROFIT OR NONPROFIT ENTITIES. IN FISCAL YEAR 2025, NORTHLAND CLOSED 17 LOANS TOTALING $3 MILLION WHICH HELPED CREATE LEVERAGE OF $21.6 MILLION IN OTHER INVESTMENTS. NORTHLAND FOUNDATION HOSTS THE REGIONAL SMALL BUSINESS DEVELOPMENT CENTER (SBDC). THE SBDC'S MISSION IS TO "HELP ENTREPRENEURS AND BUSINESSES GROW AND SUCCEED" BY PROVIDING TECHNICAL ASSISTANCE AND ONE-ON-ONE CONSULTING SERVICES TO SMALL AND MEDIUM SIZED BUSINESSES AT NO COST TO THE CLIENT. THE REGIONAL CENTER IS LOCATED IN DULUTH; THERE ARE ALSO FIVE OTHER SATELLITE OFFICES SPREAD ACROSS THE REGION. THE REGIONAL FOOTPRINT OF THE SBDC MATCHES THE NORTHLAND FOUNDATION FOOTPRINT.

    Expenses $1,584,407 · Revenue $443,937

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Jamie Adams

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Benjamin Benoit

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Elena Foshay

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Ashley Hall

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Tia Marie

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Sumair Sheikh

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Darren Sheldon

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Kristen Vake

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Peter McDermott

    CHAIR

    Total calculated
    $0
    Hours/week
    3
  • Mary Harrelson

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2
  • Roy Smith

    TREASURER

    Total calculated
    $0
    Hours/week
    2
  • Cindy Anderson Bina

    SECRETARY

    Total calculated
    $0
    Hours/week
    2
  • Anthony Sertich

    PRESIDENT

    Total calculated
    $247,205
    From this org
    $214,991
    From related orgs
    $0
    Other
    $32,214
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $212,962
    Bonus
    $0
    Other
    $2,029
    Deferred
    $13,025
    Nontaxable benefits
    $19,189
    Filer's total
    $247,205
  • Heather Brouse

    CHIEF FINANCIAL OFFICER

    Total calculated
    $176,189
    From this org
    $135,321
    From related orgs
    $0
    Other
    $40,868
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $133,597
    Bonus
    $0
    Other
    $1,724
    Deferred
    $8,377
    Nontaxable benefits
    $32,491
    Filer's total
    $176,189
  • Zane Bail

    CHIEF OPERATING OFFICER

    Total calculated
    $180,959
    From this org
    $154,870
    From related orgs
    $0
    Other
    $26,089
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $152,537
    Bonus
    $0
    Other
    $2,333
    Deferred
    $9,241
    Nontaxable benefits
    $16,848
    Filer's total
    $180,959
  • Michael Colclough

    BUSINESS FINANCE DIRECTOR

    Total calculated
    $171,506
    From this org
    $125,278
    From related orgs
    $0
    Other
    $46,228
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $124,078
    Bonus
    $0
    Other
    $1,200
    Deferred
    $7,872
    Nontaxable benefits
    $38,356
    Filer's total
    $171,506
  • Vicki Hagberg

    SBDC REGIONAL DIRECTOR

    Total calculated
    $127,980
    From this org
    $113,156
    From related orgs
    $0
    Other
    $14,824
    Hours/week
    55
  • Michelle Ufford

    DIRECTOR OF GRANTMAKING

    Total calculated
    $131,562
    From this org
    $125,539
    From related orgs
    $0
    Other
    $6,023
    Hours/week
    40
  • Curt Walczak

    ASSOCIATE DIRECTOR

    Total calculated
    $137,203
    From this org
    $112,113
    From related orgs
    $0
    Other
    $25,090
    Hours/week
    45
  • Jeanine Dahl

    COMMUNICATIONS DIRECTOR

    Total calculated
    $127,766
    From this org
    $100,285
    From related orgs
    $0
    Other
    $27,481
    Hours/week
    45

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 · 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

  • DEPOT ON CENTRAL LLC

    $750,000

    TO SUPPORT THE ECONOMIC REVITALIZATION OF MAIN STREET CORRIDORS ACROSS NORTHEAST MINNESOTA.

  • TO SUPPORT WORK IN RURAL COMMUNITIES ACROSS NORTHEAST MINNESOTA TO FOSTER BELONGING AND ADDRESS STRUCTURAL INEQUITIES & TO SUPPORT CAPITAL ACCESS ACROSS THE REGION TO STABILIZE ECONOMIES TO IMPACT SOCIALLY AND ECONOMICALLY DISADVANTAGED INDIVIDUALS

  • ELY HARDWARE

    $199,000

    TO SUPPORT THE ECONOMIC REVITALIZATION OF MAIN STREET CORRIDORS ACROSS NORTHEAST MINNESOTA.

  • TO SUPPORT AFTERSCHOOL PROGRAMMING FOR YOUTH AGES 6-18 IN THE DULUTH AREA COMMUNITY; TO SUPPORT PROGRAMMING THAT PROVIDES A SAFE, SUPPORTIVE OUT-OF-SCHOOL ENVIRONMENT FOR SCHOOL-AGED YOUTH IN THE HIBBING COMMUNITY; TO SUPPORT OUT-OF-SCHOOL TIME ENRICHMENT PROGRAMMING FOR YOUTH IN THE GRAND RAPIDS AND GREENWAY SCHOOL DISTRICTS.

  • ROOTS AND WINGS EARLY LEARNING CENTER LLC

    $100,000

    IN SUPPORT OF CHILD CARE PROGRAM EXPANSION WITH FUNDING PROVIDED BY THE STATE OF MINNESOTA, WITH SUPPORT OF THE NORTHLAND FOUNDATION.

  • TO PROVIDE GENERAL OPERATING SUPPORT TO YWCA DULUTH'S MISSION TO ELIMINATE RACISM, EMPOWER WOMEN, AND PROMOTE PEACE, JUSTICE, AND FREEDOM FOR ALL.

  • FOND DU LAC BAND OF LAKE SUPERIOR CHIPPEWA

    $75,000

    IN SUPPORT OF CHILD CARE PROGRAM EXPANSION WITH FUNDING PROVIDED BY THE STATE OF MINNESOTA, WITH SUPPORT OF THE NORTHLAND FOUNDATION.

  • TO SUPPORT THE DEVELOPMENT OF AFFORDABLE HOUSING ACROSS COMMUNITIES IN NORTHERN ST. LOUIS COUNTY.

  • TO SUPPORT DATA GATHERING EFFORTS THAT SUPPORT FINANCIAL STABILITY FOR FAMILIES IN NORTHEAST MINNESOTA AND SUPPORT PROGRAMMING & INITIATIVES THAT ENHANCE YOUTH OPPORTUNITY, COMMUNITY HEALTH & RESILIENCE.

  • TO SUPPORT AN AFTER SCHOOL PROGRAM WHERE STUDENTS FEEL WELCOME, INSPIRED, AND COMFORTABLE AND TO FOCUS ON TECHNOLOGY SKILLS & DIGITAL LITERACY FOR GRAND RAPIDS & DEER RIVER YOUTH.

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2024
Filed
15 December 2025
IRS schema version
2024v5.2
Source object
202523519349300627

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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