North Dakota Newspaper Association
- Assets
- $1.7m
- Revenue
- $183.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Bismarck, ND
- Founding
- 11/1980
- Data as of
- 12/2021
- EIN
- 45-0359300
Organization Overview
North Dakota Newspaper Association is located in Bismarck, ND. The organization was established in 1980. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. North Dakota Newspaper Association 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 12/2021, North Dakota Newspaper Association generated $183.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $165.4k during the year ending 12/2021. While expenses have increased by 7.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATION OF THE PUBLIC AND ASSISTANCE TO INDIVIDUALS ENTERING INTO THE PROFESSION OF JOURNALISM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE NDNC START UP FUNDS USED TO HIRE AN ENTERPRISE JOURNALIST TO PROVIDE DEEP-DIVE INVESTIGATIVE STORIES TO NEWSPAPERS STATEWIDE.
PROVIDED FUNDING FOR STUDENT INTERNSHIPS.
PROVIDE FUNDING FOR CONTINUING EDUCATION SEMINARS, COLLEGE MEDIA, DAKOTA STUDENT, NNAF FELLOWSHIP AND TRANSCRIPTION GRANTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Gerhardt Vice President | OfficerTrustee | 1 | $0 |
Jill Denning Gackle President | OfficerTrustee | 1 | $0 |
Sarah Elmquist Squires Secretary (nonvoting) | Officer | 1 | $0 |
Matt Von Pinnon Director | Trustee | 1 | $0 |
Laura Lueder Director | Trustee | 1 | $0 |
Kirsten Stromsodt Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $7,355 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $63,471 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $70,826 |
| Total Program Service Revenue | $0 |
| Investment income | $113,029 |
| 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 | $183,855 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $94,750 |
| 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 | $10,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,060 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $200 |
| Office expenses | $10 |
| 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 | $174 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $1,015 |
| Total functional expenses | $165,419 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $32,968 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $1,690,918 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,723,886 |
| 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 | $1,723,886 |
| 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 | $1,723,886 |
Grants Awarded
Over the last fiscal year, North Dakota Newspaper Association has awarded $94,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
ND NEWS COOPERATIVE PURPOSE: STARTUP FUNDS FOR ND NEWS COOPERATIVE | $50,000 |
ND HUMANITIES COUNCIL PURPOSE: TO ASSIST ND NEWSPAPER ASSOCIATION WITH PAYROLL AND OTHER EXPENSES | $44,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that North Dakota Newspaper Association has recieved totaling $150,000.
| Awarding Organization | Amount |
|---|---|
North Dakota Humanities Council Bismarck, ND PURPOSE: Humanities Programs | $75,000 |
North Dakota Humanities Council Bismarck, ND PURPOSE: Humanities Programs | $75,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Northstar Education Finance Inc Eagan, MN | $1,293,468,719 | $40,177,777 |
Scholarship America Inc Minneapolis, MN | $219,130,905 | $29,933,482 |
Montana Higher Education Student Assistance Corporation Helena, MT | $454,297,151 | $15,047,614 |
Waitt Foundation North Sioux City, SD | $157,175,219 | $6,009,824 |
Team Makers Club Inc Fargo, ND | $24,927,572 | $16,460,437 |
Bentson Foundation Wayzata, MN | $107,689,978 | $6,021,397 |
Central States Fair Rapid City, SD | $6,354,015 | $4,358,357 |
Valley Senior Living Grand Forks, ND | $804,854 | $3,496,436 |
C H Robinson Worldwide Foundation Sioux Falls, SD | $19,568,040 | $4,443,280 |
Ndscs Foundation Wahpeton, ND | $50,662,223 | $6,003,050 |
Tee It Up For The Troops Inc Burnsville, MN | $1,448,737 | $2,614,727 |
South Dakota Partners In Education Sioux Falls, SD | $284,473 | $2,000,094 |