Re Arena Inc
- Assets
- $13.5m
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 709
- Location
- Grand Forks, ND
- Founding
- 10/2003
- Data as of
- 05/2022
- EIN
- 11-3666663
Organization Overview
Re Arena Inc is located in Grand Forks, ND. The organization was established in 2003. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 05/2022, Re Arena Inc employed 709 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Re Arena Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO MANAGE A SPORTS ARENA FOR THE BENEFIT OF UND SPORTS FACILITIES, INC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MANAGEMENT OF ACTIVITIES AND OPERATIONS OF THE SPORTS ARENA FOR THE BENEFIT OF UND SPORTS FACILITIES, INC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jody Hodgson President | OfficerTrustee | 48 | $191,180 |
Michael Bergeron Chief Financial Officer | Officer | 43 | $130,071 |
Jeffrey Cooper Treasurer | OfficerTrustee | 1 | $0 |
Earl Strinden Secretary | OfficerTrustee | 1 | $0 |
Kris Mcgarry Vice President | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Daktronics Inc Grant/centerhung Project | 5/30/20 | $4,000,863 |
Ticketmaster Ticketing Services | 5/30/20 | $106,750 |
View All Vendors
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $0 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $0 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,760,637 |
| Savings and temporary cash investments | $4,643,339 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,380,057 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $495,505 |
| Prepaid expenses and deferred charges | $235,102 |
| Net Land, buildings, and equipment | $1,955,430 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $13,470,070 |
| Accounts payable and accrued expenses | $8,072,793 |
| Grants payable | $0 |
| Deferred revenue | $5,397,277 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $13,470,070 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $13,470,070 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Re Arena Inc has recieved totaling $43,500.
| Awarding Organization | Amount |
|---|---|
Greater Grand Forks Convention & Visitors Bureau Grand Forks, ND PURPOSE: EVENT FUNDING | $25,000 |
Sanford Sioux Falls, SD PURPOSE: ECONOMIC DEVELOPMENT | $18,500 |
View Grant Recipient Profile
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
St Paul City School St Paul, MN | $6,285,490 | $9,442,026 |
East Dakota Educational Cooperative Sioux Falls, SD | $5,426,642 | $6,544,285 |
Minnesota Society Of Certified Public Accountants Bloomington, MN | $11,208,207 | $6,449,608 |
Bair Ranch Foundation Billings, MT | $61,742,372 | $8,939,986 |
Project Success-Students Undertaking Creative Control Minneapolis, MN | $9,553,286 | $4,323,696 |
Central Minnesota Christian School Prinsburg, MN | $18,739,916 | $5,096,698 |
Calvin Christian School Edina, MN | $14,122,550 | $4,250,896 |
Farmers Educational & Cooperative Union Of America North Dakota Div Jamestown, ND | $92,870,322 | $4,688,383 |
Life Prep St Paul, MN | $2,456,359 | $3,964,198 |
Service Employees International Union South St Paul, MN | $3,447,942 | $4,121,609 |
Manhattan Christian School Manhattan, MT | $7,516,310 | $3,166,523 |
Valley Christian School Missoula, MT | $1,321,751 | $3,128,317 |