Credit Union Foundation Of The Dakotas
- Assets
- $127.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bismarck, ND
- Founding
- 05/2019
- Data as of
- 12/2023
- EIN
- 82-2646341
Organization Overview
Credit Union Foundation Of The Dakotas is located in Bismarck, ND. The organization was established in 2019. According to its NTEE Classification (T21) the organization is classified as: Corporate Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Credit Union Foundation Of The Dakotas 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 12/2023, Credit Union Foundation Of The Dakotas generated $53.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (11.3%) each year. All expenses for the organization totaled $31.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
SCHOLARSHIPS AND GRANTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
April Tompkins Chair | 1 | $0 | |
Jim Schaefbauer Vice Chair | 1 | $0 | |
Tyler Gross Secretary/treasurer | 1 | $0 | |
Dorothy Voorhees Director | 1 | $0 | |
Holly Steier Director | 1 | $0 | |
Lisa Snedeker Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $31,550 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $13,010 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $9,037 |
| Other Revenue | $0 |
| Total Revenue | $53,597 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $11,075 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $386 |
| Total expenses | $31,646 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $127,514 |
| Other assets | $0 |
| Total assets | $127,514 |
| Total liabilities | $0 |
| Net assets or fund balances | $127,514 |