2022-05-11T08:39:20-05:00 2021-12-31 450310328 BRADY MARTZ & ASSOCIATES PC 2537 S UNIVERSITY DRIVE FARGO ND 58103 990 2021-01-01 813097290 DOWNTOWN MOORHEAD INC DOWN 2184431361 200 5TH STREET S STE 203 MOORHEAD MN 56560 DERRICK LAPOINT PRESIDENT 2184431361 2022-05-10 1 DERRICK LAPOINT 999009999 SARA LYNCH CPA P00988855 7012802100 2022-05-10 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z DERRICK LAPOINT 200 5TH ST S 203 MOORHEAD MN 56560 203039 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 0 102664 0 100000 0 0 0 375 0 203039 0 0 0 0 0 166767 0 0 0 0 30309 0 197076 0 5963 128128 138711 4982 9602 123146 129109 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 ANOTHER YEAR IN THE BOOKS AND DMI HAS A LOT TO BE PROUD OF. COVID BROUGHT A NUMBER OF COMMUNITY CHALLENGES. THIS YEAR HAS BEEN HIGHLIGHTED BY A NUMBER OF MEETINGS AND CONVERSATIONS REGARDING WORKFORCE, CHILDCARE, AFFORDABLE HOUSING, AND OTHER COMMUNITY ISSUES. DMI WORKED WITH A NUMBER OF COMMUNITY PARTNERS TO COLLECT DATA AND HELP MAKE INFORMED IMPLEMENTATION STRATEGIES TO MANAGE THESE REGIONAL (AND NATIONAL) ISSUES. I AM EXTREMELY PROUD OF OUR CONTINUAL GROWTH IN DEVELOPMENT ACTIVITIES. MOORHEAD RECORDED IT'S HIGHEST YEARLY VALUE IN PERMITS WITH APPROXIMATELY $195 MILLION IN NEW HOUSING AND COMMERCIAL PROJECTS. OTHER PROJECTS THAT ARE IN THE WORKS INCLUDE THE MOORHEAD CENTER MALL REDEVELOPMENT AND THE FORMER DAY'S INN HOTEL SITE REDEVELOPMENT. THE MOORHEAD CENTER MALL PROJECT HAS SELECTED JLG, STANTEC, AND FOLKWAYS FOR THE RFP FOR ARCHITECTURAL SERVICES AS IT RELATES TO THE MOORHEAD CENTER MALL. WE EXPECT REDEVELOPMENT PLANS TO COME OUT SOON AND DEVELOPMENT TO START IN EARLY 2023. IN ADDITION TO SUPPORTING DEVELOPMENT ACTIVITIES, DMI FOCUSED ON BUSINESS DEVELOPMENT ACTIVITIES INCLUDING BUSINESS VISITS, DATA COLLECTION, AND LEADERSHIP IN LOCAL/REGIONAL PLANS AND STUDIES. ONE OF THE BIGGEST PLANS WAS THE CITY OF MOORHEAD'S COMPREHENSIVE PLAN. DMI REPRESENTED THE BUSINESS COMMUNITY AND WAS ABLE TO ASSIST THE CITY IN LAYING OUT THE FUTURE ECONOMIC STRATEGIES FOR YEARS TO COME. WE ARE EXCITED FOR THE FUTURE OF OUR ORGANIZATION AND THE VALUE THAT WE ARE PROVIDED 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 DAVE ANDERSON DIRECTOR 3.00 X 0 0 0 LISA BORGEN BOARD CHAIR 3.00 X X 0 0 0 JOE WATZKE TREASURER 3.00 X X 0 0 0 ANNE BLACKHURST DIRECTOR 3.00 X 0 0 0 BILL CRAFT DIRECTOR 3.00 X 0 0 0 CARRIE BRIMHALL DIRECTOR 3.00 X 0 0 0 SHERI LARSON DIRECTOR 3.00 X 0 0 0 TED HORAN VICE CHAIR & SECRETARY 3.00 X X 0 0 0 MARCIA PULCZINSKI DIRECTOR 3.00 X 0 0 0 MICHAEL BURNS DIRECTOR 3.00 X 0 0 0 BRANDON LUNAK DIRECTOR 3.00 X 0 0 0 JON RIEWER DIRECTOR 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 DERRICK LAPOINT PRESIDENT/CEO 40.00 X 144692 0 9000 144692 0 9000 1 0 1 0 0 41664 61000 102664 PROGRAM SERVICES 561499 100000 100000 100000 REIMBURSEMENTS 561499 375 375 375 203039 100375 0 0 155662 11105 5068 300 1206 7150 1500 1464 DOWNTOWN MASTER PLAN - 12000 MEMBERSHIP DUES 761 GROW MINNESOTA PARTNERS 500 OTHER EXPENSES 360 197076 128128 138711 128128 138711 4982 9602 4982 9602 X 123146 129109 123146 129109 128128 138711 5963 0 X 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 DERRICK LAPOINT PRESIDENT/CEO 144692 0 0 0 0 0 9000 0 0 0 153692 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.