Und Sports Facilities 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Und Sports Facilities Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 05/2022, Und Sports Facilities Inc generated $14.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $13.8m during the year ending 05/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO OPERATE AND MAINTAIN A MULTIPURPOSE SPORTS AND ENTERTAINMENT ARENA IN GRAND FORKS, NORTH DAKOTA, PRIMARILY USED FOR UNIVERSITY OF NORTH DAKOTA ATHLETICS AND ACTIVITIES.
Describe the Organization's Program Activity:
TO OPERATE AND MAINTAIN A MULTIPURPOSE SPORTS AND ENTERTAINMENT ARENA IN GRAND FORKS, NORTH DAKOTA, PRIMARLIY USED FOR UNIVERSITY OF NORTH DAKOTA ATHLETICS AND ACTIVITIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Earl Strinden President | OfficerTrustee | 1 | $0 |
Jed Shivers Vice President | OfficerTrustee | 1 | $0 |
Jody Hodgson General Manager | Officer | 1 | $0 |
Michael Bergeron Chief Financial Officer | Officer | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $2,367,622 |
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 | $2,367,622 |
Total Program Service Revenue | $7,970,037 |
Investment income | $10,001 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $69,811 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $52,008 |
Net Income from Sales of Inventory | $3,449,188 |
Miscellaneous Revenue | $0 |
Total Revenue | $14,333,337 |
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. | $393,788 |
Compensation of current officers, directors, key employees. | $393,788 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $3,206,192 |
Pension plan accruals and contributions | $55,053 |
Other employee benefits | $409,019 |
Payroll taxes | $294,506 |
Fees for services: Management | $501,050 |
Fees for services: Legal | $6,795 |
Fees for services: Accounting | $15,719 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $42,595 |
Office expenses | $185,191 |
Information technology | $91,558 |
Royalties | $0 |
Occupancy | $1,415,731 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $31,084 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $3,576,671 |
Insurance | $252,292 |
All other expenses | $1,126,683 |
Total functional expenses | $13,839,687 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $4,366,275 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $53,177,101 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $57,543,376 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $0 |
Net assets without donor restrictions | $57,543,376 |
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 | $57,543,376 |
Organization Name | Assets | Revenue |
---|---|---|
College Possible Saint Paul, MN | $23,283,310 | $31,201,183 |
Midwest Dairy Association Saint Paul, MN | $7,228,337 | $23,101,295 |
Und Sports Facilities Inc Grand Forks, ND | $57,543,376 | $14,333,337 |
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 |