2020-06-29T11:20:21-05:00 2019-12-31 450310328 BRADY MARTZ & ASSOCIATES PC 2537 S UNIVERSITY DRIVE FARGO ND 58103 990 2019-01-01 813097290 DOWNTOWN MOORHEAD INC DOWN 2184431361 200 5TH STREET S STE 203 MOORHEAD MN 56560 DERRICK LAPOINT PRESIDENT 2184431361 2020-06-18 1 SARA LYNCH CPA P00988855 7012802100 2020-06-16 69.9.255.138 2020-06-18 12:36:13 CD P 03BD29EA5AC0543008FFEA83FB29F127F4BA293C 2BCCA0430AE2ABCD50C65795A49520307B715061 2019 2020-11-19 02:30:22Z DERRICK LAPOINT 200 5TH ST S 203 MOORHEAD MN 56560 225516 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 18000 125516 28889 100000 0 0 0 0 46889 225516 0 0 0 0 36371 140156 0 0 0 10082 23611 46453 163767 436 61749 83030 144121 3691 3033 79339 141088 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 IN 2019, DMI ESTABLISHED SOME SHORT-TERM AND LONG-TERM GOALS TO HELP US GET OUR START. THESE GOALS WERE FORMED BY COMMUNITY CONVERSATIONS AND RISING CHALLENGES WE WANTED TO FACE HEAD-ON. EARLY ON DMI IDENTIFIED THE NEED AND IMPORTANCE OF HAVING A VISION AND ACTION PLAN THROUGH A DOWNTOWN MASTER PLAN. DMI IN PARTNERSHIP WITH THE CITY OF MOORHEAD, HIRED STANTEC AND THEIR SUB-CONSULTANT TEAM OF THE KILBOURNE GROUP, LAND ELEMENTS, AND FOLKWAYS TO HELP COMPLETE OUR PLAN. DOWNTOWN MOORHEAD, INC. ALONG WITH THEIR PROJECT PARTNER, THE CITY OF MOORHEAD, IS BEGINNING A PROCESS TO ENGAGE DECISION-MAKERS AND THE DOWNTOWN COMMUNITY ON THE FUTURE FOR DOWNTOWN MOORHEAD. DMI WANTED THIS PLAN TO IDENTIFY PRIORITIES AND STRATEGIC OPPORTUNITIES TO ENCOURAGE APPROPRIATE DEVELOPMENT, IMPROVE UNDERUTILIZED SPACES, AND ACTIVATE CIVIC ASSETS TO THEIR HIGHEST AND BEST USE. WE ALSO WANTED TO IDENTIFY BEST PRACTICES FOR CONTINUED EFFORTS TO MAKE DOWNTOWN MOORHEAD A MORE LIVABLE, WALKABLE AND THRIVING URBAN CENTER. WE NEED TO DRIVE INVESTMENT TO MOORHEAD, AND MAXIMIZE RETURN ON BOTH PUBLIC AND PRIVATE INVESTMENTS; INTEGRATE AND SYNCHRONIZE THE AESTHETICS AND AMENITIES OF ANTICIPATED PUBLIC- AND PRIVATE-SECTOR PROJECTS; ENCOURAGE BROAD PUBLIC ENGAGEMENT AND SUPPORT THROUGHOUT THE COMMUNITY. I AM HAPPY TO REPORT THAT WE HAVE COMPLETED OUR FIRST PHASE OF THE PLANNING PROCESS AND SET RECORD NUMBERS OF PUBLIC COMMENTS. IN THE NEXT PHASE WE WILL TAKE ALL OF THAT ENGAGEMENT AND START FORMULATING IDEAS AND IMPLEMENTATION STRATEGIES TO HELP DEFINE OUR URBAN CORE AND MAKE DOWNTOWN MOORHEAD THE PLACE TO BE! THERE WILL BE ANOTHER ROUND OF LARGE-SCALE PUBLIC ENGAGEMENT IN EARLY FEBRUARY, WITH EXPECTED PLAN COMPLETION IN JUNE 2020. BE SURE TO CHECKOUT OUR PLAN WEBSITE AT WWW.DTMOORHEADPLAN.ORG.IN SEPTEMBER 2019, THE DMI BOARD AND THE MOORHEAD CITY COUNCIL APPROVED THEDMI/CITY ECONOMIC DEVELOPMENT AGREEMENT. THIS AGREEMENT IS A CONTRACT BETWEEN DMI AND THE CITY, WHICH PROVIDES FOR DMI TO PROVIDE ECONOMIC DEVELOPMENT SERVICES FOR THE ENTIRE CITY OF MOORHEAD. WE ARE HAPPY TO REPORT THAT THIS PARTNERSHIP HAS BEEN CRUCIAL TO THE GROWTH THAT IS CURRENTLY TAKING PLACE. WE THANK THE CITY LEADERSHIP AND CITY COUNCIL MEMBERS FOR THEIR CONTINUED SUPPORT AND TRUST AS WE CREATE NEW POLICIESAND PROCEDURES TO BECOME A MORE BUSINESS AND DEVELOPMENT FRIENDLY COMMUNITY.DMI AND THE CITY OF MOORHEAD HAVE TAKEN A PROGRESSIVE APPROACH TO ECONOMICDEVELOPMENT. THROUGH COLLABORATION WITH THE CITY WE FELT THAT WE NEEDED TO REVISE OUR ECONOMIC INCENTIVE POLICIES. IN 2019, DMI HELPED CREATE MOORHEAD'S RENAISSANCE ZONE. THIS ECONOMIC INCENTIVE ALIGNS POLICIES WITH OUR NEIGHBORS IN NORTH DAKOTA. THE POLICY IS A PROPERTY TAX EXEMPTION PROGRAM THAT PROVIDES A SOLID ECONOMIC TOOLBOX FOR DEVELOPMENT TO OCCUR AND BE SUCCESSFUL IN DOWNTOWN. IN ADDITION, DMI HELPED REVISE THE CITY-WIDE COMMERCIAL/INDUSTRIAL PROPERTY TAX EXEMPTION PROGRAM AND STOREFRONT REHAB PROGRAM WHICH IS A FORGIVABLE LOAN PROGRAM DESIGNED TO HELP IMPROVE OUR URBAN STOREFRONTS. ALONG WITH THESE INCENTIVE PROGRAMS, WE DEFINED A HOUSING GOAL IN DOWNTOWN. THERE IS A TREMENDOUS NEED FOR MORE RESIDENTS IN OUR DOWNTOWN. THE GOALS IS TO ADD 500 UNITS IN 5-YEARS! DOWNTOWN MOORHEAD, INC IS HAPPY TO REPORT WE ARE WELL ON OUR WAY AND OUR DOWNTOWN PLAN WILL CONFIRM THAT HOUSING NEED. MAYBE ONE OF THE MOST IMPACTFUL CHANGES IN 2019 HAPPENED AT THE STATE OF MINNESOTA LEGISLATIVE SESSION. THE LEGISLATURE APPROVED SUSTAINTAINED BORDER CITIES FUNDING INCLUDING THE BORDER CITIES REDUCTION CREDIT. MARKETING AND SHARING THESE TOOLS CONTINUES TO BE A TOP PRIORITY. 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 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 BOARD CHAIR 1.00 X X 0 0 0 LISA BORGEN VICE CHAIR/SECRETARY 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 DIRECTOR 3.00 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 121000 0 0 121000 0 0 1 0 0 0 0 125516 125516 PROGRAM SERVICES 561499 100000 100000 100000 225516 100000 0 0 121450 9170 9536 1459 6944 296 641 121 7238 2547 885 OTHER EXPENSES 2145 SPONSORSHIPS 750 MEMBERSHIP DUES 585 163767 83030 144121 83030 144121 3691 3033 3691 3033 X 79339 141088 79339 141088 83030 144121 61749 0 X 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 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.