2020-11-02T15:13:50-06:00 2019-12-31 450250958 Eide Bailly LLP 1730 Burnt Boat Loop Ste 100 Bismarck ND 585030886 990 2019-01-01 456014085 Team Makers Club Inc TEAM 7012779271 NDSU Dept 1200 PO Box 6050 Fargo ND 581086050 Derrick Lang Executive Director 7012779271 2020-11-02 1 Lisa Chaffee CPA P00193453 7012551091 2020-11-02 63.157.104.106 2020-11-02 09:47:21 CS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 A811CF8893E1B4219ADB7F64CB4C7CC50D64E4A6 2019 2021-01-29 14:40:06Z Derrick Lang NDSU Dept 1200 PO Box 6050 Fargo ND 581086050 30140594 0 X www.ndsuteammakers.com X 1951 ND To provide financial support, promotion and spirit for our student athletes and the NDSU Athletic Department in order to achieve excellence. 11 11 65 70 0 0 2590784 6229551 5083262 5253016 472425 391093 598275 702600 8744746 12576260 6078919 4941856 0 0 101951 101598 0 0 210445 652823 770533 6833693 5813987 1911053 6762273 11725601 19112882 6030370 5824455 5695231 13288427 To provide financial support, promotion and spirit for our student athletes and the NDSU Athletic Department in order to achieve excellence. 0 0 5405864 4941856 5253016 Team Makers raises money for the athletic department of North Dakota State University to support its athletic programs and athletes. Scholarships are awarded to individuals who participate in athletics at NDSU to help cover costs of an education. The amount contributed to the scholarship fund in 2019 was $4,200,000. 5405864 1 0 0 1 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 1 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 44 40 1 65 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 11 11 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 0 0 0 MN X Tom Fox 7012779271 3309 Fiechtner Dr S Suite G Fargo ND 58103 Pat Simmers Executive Director (Jan-May) 40.00 X 963 0 0 Derrick Lang Executive Director (Jun-Dec) 40.00 X 0 0 0 Chris Haugrud President 6.00 X X 0 0 0 Kris Bakkegard Past President 4.00 X X 0 0 0 Craig Sandstrom 1st Vice President 2.00 X X 0 0 0 Keith Rindy Secretary/Treasurer 4.00 X X 0 0 0 Dr David Glatt Gaming Co-Chairman 2.00 X X 0 0 0 Ken Zetocha Gaming Co-Chairman 2.00 X X 0 0 0 Bruce Grubb Investment Chairman 2.00 X X 0 0 0 Mark Sellin Member At Large 2.00 X 0 0 0 Jayne Gust Member At Large 2.00 X 0 0 0 Eric Dodds Member At Large 2.00 X 0 0 0 Todd Kadrmas Member at Large 2.00 X 0 0 0 Sherri Schmidt Member at Large 2.00 X 0 0 0 963 0 0 0 0 0 1 0 485829 68723 5674999 38463 6229551 Membership Dues 711210 4877501 4877501 Tailgate Reservations 900099 340080 340080 35435 35435 5253016 325578 325578 1414151 1348636 65515 65515 65515 90319 68723 93544 -3225 -3225 16827979 16122154 705825 705825 12576260 5253016 0 1093693 4941856 4941856 1598 1598 100000 100000 5205 5205 26753 26753 3580 3580 21721 21721 83125 83125 101371 99327 2044 146987 97050 49937 10861 10861 45279 20247 7951 17081 5319 5319 Tailgating 187200 187200 Event Expenses 90471 90471 In Kind Donated Food 38463 38463 4198 3349 849 5813987 5405864 197678 210445 4951580 5032668 558415 297800 31909 39115 6324 4752 4522 6217 154351 121903 28091 32448 6144760 13692178 0 7704 11725601 19112882 306795 260685 4250000 4200000 18535 8763 1455040 1355007 6030370 5824455 X 5214114 8282111 481117 5006316 5695231 13288427 11725601 19112882 6762273 830923 0 X 0 1 X 1 0 X 3234465 2234673 1125967 2590784 6229551 15415440 3234465 2234673 1125967 2590784 6229551 15415440 1920134 13495306 79001 102829 229142 202429 325578 938979 16354419 63538907 0.82520 0.73790 X 0 1 0 0 0 0 1 3580 0 0 3580 0 Part II-B, Line 1: Team Makers Club hires an unaffiliated organization to lobby for legislative issues involving charitable gaming. 154351 121903 32448 32448 Due to NDSU - Tickets 1329171 Due to NDSU - Processing Fee 25836 1355007 X 13833356 830923 447894 1278817 12554539 21721 21721 12576260 6240160 447894 447894 5792266 21721 21721 5813987 Part X, Line 2: Management believes that the Organization has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the consolidated financial statements. The Organization would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred. Bison Open Golf 38841 13121 25720 8804 17454 Women's Classic Golf 28410 18712 9698 2072 8868 6 91791 36890 54901 12627 43719 159042 68723 90319 23503 70041 93544 -3225 303010 226991 2400 37046 0 12862464 11397461 23413 833700 0 3662505 2995351 33016 572776 0 16827979 14619803 58829 1443522 16122154 705825 ND 1 0 1 0 1.00000 Tom Fox 3309 Fiechtner Dr S Suite G Fargo ND 58103 0 Rick Stenseth 74256 The Gaming Manager oversees employees and scheduling, as well as controlling gaming site operations and spending time at each location. The Manager also deals with both the State Gaming Commission and the local Gaming Auditor for purposes of licensing, law compliance, and limited scope audit. X 0 1 North Dakota State University 1301 12th Avenue North Fargo ND 58105 456014083 NDSU 4941856 Educational 1 0 Part I, Line 2: The organization's sole purpose is to raise funds to support student athletes at North Dakota State University. The funds are designated to be used for that purpose. The organization does not monitor the spending of those funds once given to NDSU, but the organization does maintain records to substantiate the amount given. 0 0 0 0 0 0 0 0 0 Schedule J General Explanation: Pat Simmers was compensated for his service as the Executive Director of the Team Makers Club from the North Dakota State University Athletic Department, an unrelated organization from January-May 15th. His compensation, consisting of base salary, pension, life insurance and health benefits, was for his services to both organizations. The Athletic Department has not been able to determine the allocation of his salary between his services to the Team Makers Club versus the Athletic Department. THE NDSUAD uses a national compensation survey on an annual basis to determine the reasonableness of compensation. The amount paid to Pat in 2019 for services to both organizations includes $46,480 in salary, $3,866 in pension and $16,582 in benefits. Derrick Lang, who started in the position as the Executive Director of the Team Makers Club on June 4th, is compensated for his service from the North Dakota State University Athletic Department, an unrelated organization. His compensation, consisting of base salary, pension, life insurance and health benefits, is for his services to both organizations. The Athletic Department has not been able to determine the allocation of his salary between his services to the Team Makers Club versus the Athletic Department. THE NDSUAD uses a national compensation survey on an annual basis to determine the reasonableness of compensation. The amount paid to Derrick in 2019 for services to both organizations includes $47,600 in salary, $4,165 in pension and $8,057 in benefits. During 2019, Team Makers Club reimbursed Pat Simmers when he was employed as the Executive Director $1,598 as reported in Part VII for dependent care expenses that were incurred during work related overnight travel for Team Makers Club. The filing organization reported this income on a W-2. X Gift certificates 28 38463 Cost 0 0 1 0 Part I, Column (b): Column B represents the number of contributions. Form 990, Part VI, Section A, line 1 The governing body contains two individuals serving as Gaming Chair. The position has only one voting right. If both of the Gaming Co-Chairs attend a meeting, they only have one voting right. Therefore, there are only nine voting members of the governing body at all times. The Executive Committee of the corporation shall consist of the President, who shall serve as Chair of the committee, First Vice President, the Immediate Past President, three at-large members, a representative each from the Investment Committee and Gaming Committee, and the Secretary/Treasurer. The Executive Committee is permitted to make any decision between board meetings on behalf of the governing board. Form 990, Part VI, Section A, line 6 The Corporation shall have one class of members. The members of the corporation shall consist of all persons making a minimum annual investment as established by the Board of Directors. Within this class of members there are currently 11 subclasses based on how much the member gives annually to the Organization. Form 990, Part VI, Section A, line 7a A Nomination Committee consists of the immediate Past President of the Corporation and two Members at Large presented by the President of the Board of Directors. This Nomination Committee recommends nominees to replace those directors whose terms are expiring, as well as nominees for the various offices of the Organization. Each Team Maker member has one vote to elect on the nominees. Form 990, Part VI, Section A, line 7b The annual meeting of the members shall be held for the purpose of electing the Board of Directors and for the transaction of such other business as may come before the meeting. Bylaw amendments must be approved by a majority of board members present at the meeting. Form 990, Part VI, Section B, line 11b The Form 990 was provided to the Executive Committee as listed in Form 990, Part VII electronically for their review prior to filing with the IRS. The full governing board gives the authority to the Executive Committee to review and approve the Form 990. Form 990, Part VI, Section B, line 12c The conflict of interest policy covers any director, principal officer or member of a committee with governing board powers. Upon disclosure of a potential conflict, the individual leaves the governing board or committee meeting while the remaining board members determine if a conflict exists. The individual with the conflict must abstain from voting on any issues that pertain to the conflict, as well as remove himself/herself from the room. Form 990, Part VI, Section B, line 15 The Executive Director, as the top management official, is compensated by an unrelated organization. Therefore, the filing organization does not determine the compensation for this position. Form 990, Part VI, Section C, line 19 The governing documents and financial statements are available upon request.