2024-08-09T12:09:55-05:00 2023-12-31 450310328 BRADY MARTZ & ASSOCIATES PC 2537 S UNIVERSITY DRIVE FARGO ND 58103 990 2023-01-01 813097290 DOWNTOWN MOORHEAD INC DOWN 2184431361 200 5TH STREET S STE 203 MOORHEAD MN 56560 DERRICK LAPOINT PRESIDENT 2184431361 2024-08-08 1 1 SARA LYNCH CPA P00988855 7012802100 2024-08-08 2023 2024-08-08 14:25:15Z DERRICK LAPOINT 200 5TH ST S 203 MOORHEAD MN 56560 227400 0 X WWW.DTMOORHEAD.ORG X 2019 MN DOWNTOWN MOORHEAD INCORPORATED IS A PRIVATE, NON-PROFIT ORGANIZATION DEDICATED TO THE BENEFICIAL ECONOMIC GROWTH AND BUSINESS DEVELOPMENT OF DOWNTOWN MOORHEAD. WE ACCOMPLISH THIS THROUGH POLICY DEVELOPMENT, ADVOCACY, AND PROGRAM MANAGEMENT FUNCTIONS CONDUCTED ON BEHALF OF DOWNTOWN STAKEHOLDERS/INVESTORS, AND IN COOPERATION WITH PUBLIC AND OTHER PRIVATE-SECTOR PARTNERS. 14 14 1 0 0 0 98500 93500 130000 133900 0 0 0 0 228500 227400 0 0 0 0 176233 167208 0 0 0 19636 21100 195869 188308 32631 39092 172882 200832 11142 0 161740 200832 X DOWNTOWN MOORHEAD INCORPORATED IS A PRIVATE, NON-PROFIT ORGANIZATION DEDICATED TO THE BENEFICIAL ECONOMIC GROWTH AND BUSINESS DEVELOPMENT OF DOWNTOWN MOORHEAD. WE ACCOMPLISH THIS THROUGH POLICY DEVELOPMENT, ADVOCACY, AND PROGRAM MANAGEMENT FUNCTIONS CONDUCTED ON BEHALF OF DOWNTOWN STAKEHOLDERS/INVESTORS, AND IN COOPERATION WITH PUBLIC AND OTHER PRIVATE-SECTOR PARTNERS. 0 0 MOORHEAD IS ON THE RISE AND 2023 REFLECTED THAT. WE SAW THAT TREMENDOUS GROWTH AND ARE PROUD TO SAY THAT MOORHEAD HAD ANOTHER RECORD PERMIT YEAR AND HAVING MORE SINGLE-FAMILY HOUSING START THAN WEST FARGO AND FARGO. WE CONTINUE TO SEE SUCCESS YEAR-AFTER-YEAR WITH BUSINESS CERTAINLY, STRONG LOCAL SUPPORT, AND HARD WORK. THERE ARE SEVERAL PROJECTS READY TO START IN 2024 AND THESE PROJECTS WILL TRANSFORM MOORHEAD FOR GENERATIONS!DOWNTOWN MOORHEAD REDEVELOPMENT PROJECT, LIBRARY/COMMUNITY CENTER, AND 11TH STREET UNDERPASS- DEMOLITION CONTINUES ON THE FORMER MOORHEAD CENTER MALL SITE AS THE PREPARATIONS BEGIN FOR THE CONTRUCTION ON THE NEW LIBRARY/COMMUNITY CENTER, CITY HALL RENOVATION, AND FUTURE MIXED-USE DEVELOPMENTS. THE DEMOLITION, SITE PREPARATION, AND FUTURE INFRASTRUCTURE WILL BE SUPPORTED BY THE RECENTLY APPROVED TAX INCREMENT FINANCING (TIF) DISTRICT AND MULTIPLE STATE OF MINNESOTA GRANTS. THE SITE WAS AWARDED FOUR MAIN STREET GRANTS AND A $1 MILLION DEED REDEVELOPMENT GRANT. WE ANTICIPATE THE LIBRARY/COMMUNITY CENTER AND A $40 MILLION MIXED-USE DEVELOPMENT ON THE EAST END OF THE SITE WILL BREAK GROUND IN THE NEXT MONTH. WE ARE EXCITED FOR THESE WONDERFUL PROJECTS TO START AND SEE THE ENERGY BUILD AROUND THE REDEVELOPMENT.- THE MOORHEAD CENTER MALL REMAINS OPEN AND HAS SEVERAL BUSINESSES IN OPERATION. THIS IS IN TRANSITION AS ALL BUSINESSES HAVE AN OPERATION PLAN WITH SEVERAL BUSINESS RELOCATING WITHIN MOORHEAD AND A COUPLE OF BUSINESS OWNERS RETIRING. WE ARE RECEIVING MANY INQUIRES AND QUESTIONS REGARDING THE DOWNTOWN REDEVELOPMENT PLAN. WE ENCOURAGE THE RESIDENTS, BUSINESSES, AND PERSPECTIVE DEVELOPERS TO CHECK OUT THE PROJECT WEBSITE WWW.MORETOMOORHEAD.COM.- THE MINNESOTA DEPARTMENT OF TRANSPORTATION (MN DOT) AND THE CITY OF MOORHEAD HAVE PARTNERED TO CONSTRUCT AN UNDERPASS AT 11TH STREET IN MOORHEAD. THE PROJECT INCLUDES TWO GRAD SEPARATIONS OF 11TH STREET UNDER THE BNSF RAIL LINES, PAVING, PEDESTRIAN ACCESSIBILITY (ADA) IMPROVEMENTS, UTILITY REPLACEMENTS, AND SIGNALS. MOORHEAD IS BISECTED BY MULTIPLE RAIL LINES AND THIS PROJECT PROVIDES MANY SAFETY AND MOBILITY BENEFITS BY REMOVING CROSSING BLOCKAGES CAUSED BY HEAVY RAIL TRAFFIC. WHEN COMPLETED, THE 11TH STREET GRADE SEPARATION PROJECT WILL ENABLE TRAFFIC, BICYCLISTS, AND PEDESTRIANS TO TRAVEL UNDER THE RAIL LINES THAT GO THROUGH TOWN.WE ARE EXCITED FOR THE FUTURRE OF OUR ORGANIZATION AND THE VALUE THAT WE ARE PROVIDING TO THE REGIONAL COMMUNITY! 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 1 1 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 MN X DERRICK LAPOINT 2184431361 200 5TH STREET S STE 203 MOORHEAD MN 56560 LISA BORGEN DIRECTOR 3.00 X 0 0 0 JOE WATZKE TREASURER 3.00 X X 0 0 0 CARRIE BRIMHALL VICE CHAIR / SECRETARY 3.00 X X 0 0 0 SHERI LARSON DIRECTOR 3.00 X 0 0 0 TED HORAN BOARD CHAIR 3.00 X X 0 0 0 MARCIA PULCZINSKI DIRECTOR 3.00 X 0 0 0 BRANDON LUNAK DIRECTOR 3.00 X 0 0 0 JON RIEWER EXECUTIVE COMMITTEE MEMBER 3.00 X 0 0 0 STEVE D SCHEEL DIRECTOR 3.00 X 0 0 0 MATT LEISETH DIRECTOR 3.00 X 0 0 0 MIKE ERICKSON DIRECTOR 3.00 X 0 0 0 STEVE JESME DIRECTOR 3.00 X 0 0 0 TIM DOWNS DIRECTOR 3.00 X 0 0 0 COLIN IRVINE DIRECTOR 3.00 X 0 0 0 DERRICK LAPOINT PRESIDENT/CEO 40.00 X 154000 0 9000 154000 0 9000 1 0 1 0 0 25000 68500 93500 PROGRAM SERVICES 561499 133900 133900 133900 227400 133900 0 0 164970 2238 5746 384 2560 7150 2155 370 2075 MEMBERSHIP DUES 660 188308 172882 200832 172882 200832 11142 11142 0 X 161740 200832 161740 200832 172882 200832 39092 0 X 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 DERRICK LAPOINT PRESIDENT/CEO 154000 0 0 0 0 0 9000 0 0 0 163000 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B MEMBERS OF THE DMI EXECUTIVE TEAM REVIEW THE RESPONSES PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C DMI HAS A CONFLICT OF INTEREST POLICY THAT EACH BOARD MEMBER SIGNS. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST, GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL DOCUMENTS ARE AVAILABLE FOR REVIEW AT COMPANY OFFICE LOCATED IN MOORHEAD, MN.