Bowman County Job Development Inc is located in Bowman, ND. The organization was established in 1995. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 12/2021, Bowman County Job Development Inc employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bowman County Job Development 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 12/2021, Bowman County Job Development Inc generated $734.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $573.4k during the year ending 12/2021. While expenses have increased by 6.5% 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
TO PROMOTE ECONOMIC DEVELOPMENT IN BOWMAN COUNTY, NORTH DAKOTA
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTE ECONOMIC DEVELOPMENT IN THE BOWMAN COUNTY AREA
PROMOTE ECONOMIC DEVELOPMENT IN THE BOWMAN COUNTY AREA
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Teran Doerr Exec. Direct | Officer | 40 | $90,026 |
Duane Bowman Secretary | OfficerTrustee | 2 | $0 |
Scott Hardy Vice Preside | OfficerTrustee | 2 | $0 |
Joshua Stuchl President | OfficerTrustee | 2 | $0 |
Kevin Bucholz Treasurer | OfficerTrustee | 2 | $0 |
Jason Anderson Director | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $300,114 |
All other contributions, gifts, grants, and similar amounts not included above | $121,689 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $421,803 |
Total Program Service Revenue | $125,495 |
Investment income | $1,451 |
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 | $185,457 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $734,206 |
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. | $90,026 |
Compensation of current officers, directors, key employees. | $54,016 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $175,603 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $38,038 |
Fees for services: Management | $0 |
Fees for services: Legal | $670 |
Fees for services: Accounting | $3,338 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $2,167 |
Office expenses | $3,391 |
Information technology | $3,785 |
Royalties | $0 |
Occupancy | $24,554 |
Travel | $11,790 |
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 | $11,651 |
Insurance | $6,685 |
All other expenses | $39,716 |
Total functional expenses | $573,408 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $687,890 |
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 | $860,517 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $33,527 |
Total assets | $1,581,934 |
Accounts payable and accrued expenses | $9,954 |
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 | $121,023 |
Other liabilities | $0 |
Total liabilities | $130,977 |
Net assets without donor restrictions | $1,450,957 |
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 | $1,581,934 |
Over the last fiscal year, Bowman County Job Development Inc has awarded $97,577 in support to 6 organizations.
Grant Recipient | Amount |
---|---|
SMOKEHOUSE 85 | | | $30,000 |
HANDE FINANCIAL INC | | | $20,000 |
NORTHWEST TIRE | | | $17,577 |
SILVER DOLLAR BAR & GRILL | | | $10,000 |
BURIED TREASURES | | | $10,000 |
BROSZ ENGINEERING INC | | | $10,000 |
Over the last fiscal year, we have identified 1 grants that Bowman County Job Development Inc has recieved totaling $10,000.
Awarding Organization | Amount |
---|---|
Aarp Washington, DC PURPOSE: Grant to support AARP's livable community initiative | $10,000 |
Organization Name | Assets | Revenue |
---|---|---|
Augustana Care Edina, MN | $116,750,556 | $60,968,298 |
Child Care Choices Inc Waite Park, MN | $3,894,332 | $22,493,695 |
Nexus-Woodbourne Family Healing Plymouth, MN | $7,774,084 | $15,090,420 |
Fem Electric Association Inc Ipswich, SD | $42,436,941 | $15,874,732 |
Benedictine Living Communities - Bismarck Inc Minneapolis, MN | $16,928,888 | $16,060,276 |
Simpson Housing Services Inc Minneapolis, MN | $10,361,616 | $11,738,483 |
Intermountain Deaconess Childrens Services Helena, MT | $35,606,138 | $13,161,047 |
Land O L Foundation St Paul, MN | $1,405,792 | $8,007,013 |
Bridging Incorporated Bloomington, MN | $8,455,401 | $8,965,404 |
Tieszen Memorial Home Inc Marion, SD | $6,223,545 | $5,748,727 |
Internet Security Research Group Minneapolis, MN | $6,123,679 | $6,560,425 |
Central Minnesota Housing Partnership Inc St Augusta, MN | $21,605,447 | $4,430,262 |