2019-11-14T14:50:48-06:00 2018-12-31 450250958 EIDE BAILLY LLP 4310 17TH AVE S PO BOX 2545 FARGO ND 581082545 990 2018-01-01 456014085 The Team Makers Club Inc TEAM 7012779271 NDSU Dept 1200 PO Box 6050 Fargo ND 581086050 Derrick Lang Current Executive Director 7012779271 2019-11-14 1 Lisa Chaffee CPA P00193453 7012398500 2019-11-14 199.247.43.22 2019-11-14 13:58:42 CS P 66CC91E6B7F11C4783FFFA5645E675327CB67316 3F1B4C4A1C1F32CA3CD03C05270CE62742EA9E6E 2018 2020-03-31 21:24:44Z Chris Haugrud NDSU Dept 1200 PO Box 6050 Fargo ND 581086050 18299050 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. 10 10 65 80 0 0 1125967 2590784 4436794 5083262 229142 472425 390037 598275 6181940 8744746 5016948 6078919 0 0 3325 101951 0 0 202983 625397 652823 5645670 6833693 536270 1911053 10034130 11725601 5738149 6030370 4295981 5695231 To provide financial support, promotion and spirit for our student athletes and the NDSU Athletic Department in order to achieve excellence. 0 0 6499155 6078919 5083262 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 2018 was $4,200,000. 6499155 1 1 0 0 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 43 39 1 65 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 10 10 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 Kris Bakkegard President 4.00 X X 0 0 0 Terry Lundlum Past President 2.00 X X 0 0 0 Chris Haugrud 1st Vice President 2.00 X X 0 0 0 Ken Loken Secretary/Treasurer (Jan-May) 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 Craig Sandstrom 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 Pat Simmers Executive Director 20.00 X 1951 0 0 Stefanie Kelly Director of Athletic Development 40.00 X 104450 0 0 106401 0 0 1 0 0 1 0 982915 71097 1536772 500574 2590784 Membership Dues 711210 4680889 4680889 Tailgate Reservations 900099 385166 385166 17207 17207 5083262 202429 202429 2077056 1807060 269996 269996 269996 93071 71097 95206 -2135 -2135 8252448 7652038 600410 600410 8744746 5083262 0 1070700 6078919 6078919 1951 1951 100000 100000 10308 10308 14991 14991 21239 21239 17315 17315 57094 55019 2075 166224 97536 68688 46414 19889 7717 18808 5276 5276 Tailgating 197165 197165 Event Expenses 82100 82100 In Kind Donated Food 29388 29388 5309 5309 6833693 6499155 131555 202983 4325457 4951580 590565 558415 43822 31909 4994 6324 3568 4522 139347 111256 26789 28091 5038935 6144760 10034130 11725601 111505 306795 4252847 4250000 128020 18535 1245777 1455040 5738149 6030370 X 3662354 5214114 633627 481117 4295981 5695231 10034130 11725601 1911053 -511803 0 X 0 1 X 1 0 X 1596119 3234465 2234673 1125967 2590784 10782008 1596119 3234465 2234673 1125967 2590784 10782008 2327442 8454566 62642 79001 102829 229142 202429 676043 11458051 49063349 0.73790 0.80970 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 139347 111256 28091 28091 Due to NDSU - Tickets 1425388 Due to NDSU - Processing Fee 29652 1455040 X 8484616 -511803 272912 -238891 8723507 21239 21239 8744746 7085366 272912 272912 6812454 21239 21239 6833693 Part X, Line 2: The Organization is organized as a North Dakota nonprofit corporation and has been recognized by the Internal Revenue Service (IRS) as exempt from federal income taxes under Section 501(a) of the Internal Revenue Code as an organization described in Section 501(c)(3), qualify for the charitable contribution deduction under Section 170(b)(1)(A)(vi) and (viii), and has been determined not to be private foundations under Sections 509(a)(1) and (3), respectively. The Organization is annually required to file a Return of Organization Exempt from Income Tax (Form 990) with the IRS. In addition, the Organization is subject to income tax on net income that is derived from business activities that are unrelated to their exempt purposes. Management has determined the Organization is not subject to unrelated business income tax and has not filed an Exempt Organization Business Income Tax Return (Form 990-T) with the IRS. Bison Open Golf 43470 14423 29047 4976 8291 16293 Women's Classic Golf 30444 17929 12515 1596 2229 9425 6 90254 38745 51509 15242 12249 24905 164168 71097 93071 21814 22769 50623 95206 -2135 313898 235727 2400 43821 0 4150263 3491211 7000 239258 0 3788287 2977943 43260 611418 0 8252448 6704881 52660 894497 7652038 600410 ND 1 0 1 0 1.00000 Tom Fox 3309 Fiechtner Dr S Suite G Fargo ND 58103 0 Rick Stenseth 71396 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 5610076 Educational North Dakota State University Development Foundation PO Box 5144 Fargo ND 581055144 237120898 501(c)(3) 468843 Educational 2 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 is compensated for his services as the Executive Director of The Team Makers Club 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 Pat in 2018 for services to both organizations includes $119,052 in salary, $10,309 in pension and $14,889 in benefits. During 2018, Team Makers Club reimbursed the Executive Director $1,951 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 Shares in REIT 1 471186 FMV X Gift certificates 18 29388 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.