THE BISMARCK STATE COLLEGE FOUNDATION: Form 990, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- THE BISMARCK STATE COLLEGE FOUNDATION (EIN 45-0358929)
- Tax period
- 2016-07-01 to 2017-06-30
- Filed
- 2017-12-15
- IRS object ID
- 201713499349300406
- Schema version
- 2016v3.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-12-15T09:02:04-06:00 | ReturnTs |
| Tax Period End | 2017-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 450250958 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EIDE BAILLY LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1730 BURNT BOAT LOOP STE100 | AddressLine1Txt |
| City | BISMARCK | CityNm |
| State Abbreviation | ND | StateAbbreviationCd |
| ZIP | 585030886 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2016-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 450358929 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Bismarck State College Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BISM | BusinessNameControlTxt |
| Phone | 7012245700 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 5587 | AddressLine1Txt |
| City | Bismarck | CityNm |
| State Abbreviation | ND | StateAbbreviationCd |
| ZIP | 585065587 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Kari Knudson | PersonNm |
| Person Title | Executive Director | PersonTitleTxt |
| Phone | 7012245700 | PhoneNum |
| Signature | 2017-11-30 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Lisa Chaffee CPA | PreparerPersonNm |
| PTIN | P00193453 | PTIN |
| Phone | 7012551091 | PhoneNum |
| Preparation | 2017-11-30 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 8.39.233.42 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2017-11-30 | IPDt |
| IP Tm | 10:01:59 | IPTm |
| IP Timezone | CS | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 38C0D8FF55FA272924E83028D6B9FABEF20E0653 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 6F0323CC6DBEDCE0B82B8C3F86A795665AB13256 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2018-03-14 21:41:22Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Kari Knudson | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 5587 | AddressLine1Txt |
| City | Bismarck | CityNm |
| State Abbreviation | ND | StateAbbreviationCd |
| ZIP | 585065587 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $9,292,351 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.bismarckstate.edu/foundation/ | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1979 | FormationYr |
| Legal Domicile State | ND | LegalDomicileStateCd |
| Activity Or Mission | Engage in those activities which support the development of Bismarck State College. | ActivityOrMissionDesc |
| Voting Members Governing Body | 64 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 63 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 95 | TotalVolunteersCnt |
| Total Gross UBI | $121,989 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $105,475 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $3,149,541 | PYContributionsGrantsAmt |
| CY Contributions Grants | $2,556,065 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $20,269 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $8,294 | CYProgramServiceRevenueAmt |
| PY Investment Income | -$199,942 | PYInvestmentIncomeAmt |
| CY Investment Income | $783,723 | CYInvestmentIncomeAmt |
| PY Other Revenue | $528,872 | PYOtherRevenueAmt |
| CY Other Revenue | $680,178 | CYOtherRevenueAmt |
| PY Total Revenue | $3,498,740 | PYTotalRevenueAmt |
| CY Total Revenue | $4,028,260 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $1,198,112 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $1,292,376 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $175,808 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $161,629 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $56,790 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $957,468 | PYOtherExpensesAmt |
| CY Other Expenses | $966,553 | CYOtherExpensesAmt |
| PY Total Expenses | $2,331,388 | PYTotalExpensesAmt |
| CY Total Expenses | $2,420,558 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,167,352 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,607,702 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $45,464,252 | TotalAssetsBOYAmt |
| Total Assets EOY | $47,643,862 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $16,373,129 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $15,753,149 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $29,091,123 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $31,890,713 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | Engage in those activities which support and assist in the development and advancement of Bismarck State College. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $920,815 | ExpenseAmt |
| Grant | $622,930 | GrantAmt |
| Revenue | $8,294 | RevenueAmt |
| Desc | The BSC Foundation Grant Program makes dollars available to BSC staff, faculty, and student organizations to fund a wide variety of projects. Emphasis is given to innovative teaching and creative learning projects. A wide variety of teaching and demonstration equipment, travel for groups, campus presenters, performing art events, guest lecturers, consulting services, research, and other innovative projects have been supported through the Grants Program. Grants are awarded by the Board of Trustees Programs Committee. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $603,209 | ExpenseAmt |
| Grant | $603,209 | GrantAmt |
| Desc | The BSC Foundation is committed to the encouragement and support of academic excellence. Through the support of many generous benefactors, the BSC Foundation is able to budget more than $600,000 in scholarship awards to over 454 students. Scholarships are available to both incoming freshmen and sophomores. Receiving other scholarships will not disqualify applicants from receiving BSC Foundation scholarships.The BSC Foundation scholarship program was established for the purpose of attracting and retaining students of outstanding ability and potential, regardless of gender, race, creed or national origin. Scholarships are awarded by the Board of Trustees Programs Committee. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $41,237 | ExpenseAmt |
| Grant | $41,237 | GrantAmt |
| Desc | Student RecognitionWho's Who Among Students in American Junior Colleges is a national award given to up to 20 of BSC's top students. These students are selected by Learning First sub-team on a basis of academic achievement, service in the community, leadership in extracurricular activities, and future potential. They are listed in a national Who's Who volume and are honored with a certificate and $50 cash award from the BSC Foundation.Outstanding Student Awards are given to the students selected by faculty in each of BSC's programs and departments. These outstanding students receive a certificate and $50 cash award from BSC Foundation.Phi Theta Kappa is an international two-year college honor society. Students nominated for membership have maintained an accumulative grade point average of 3.5 or better, and have completed 15 semester hours in residence at BSC applicable to an associate degree. The Phi Theta Kappan receives a paid initiation fee for membership, a pin, and a certificate from the BSC Foundation. They are honored at the BSC Recognition Ceremony with a certificate from the BSC Foundation.Employee RecognitionYears of Service: To acknowledge the contributions BSC faculty and staff make to the excellence of education, the Foundation sponsors a recognition program for employees. Employees are awarded gift cards and certificates beginning with five years of service, and are honored with each five-year increment.BSC Faculty and Staff Awards for Excellence: Previously known as the Faculty and Staff Achievement Awards, this Foundation-sponsored program has been revamped to ensure that everyone has an equal opportunity to be recognized, through this prestigious award, for their outstanding contributions to Bismarck State College.To publicly recognize the Award for Excellence recipients, they are announced at BSC's award ceremony in the spring. As before, two faculty award recipients will each receive $1,000 and two staff award recipients will each receive $1,000. Since 2001, an adjunct faculty and a part-time staff member are recognized and each receives a $250 award. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $25,000 | ExpenseAmt |
| Grant | $25,000 | GrantAmt |
| Desc | Jack FellowshipThe BSC Jack Fellowship Program has been established to fund sabbatical leaves for a Bismarck State College employee to engage in an educational experience that ultimately benefits BSC and the students it serves. The Fellowship is intended to partially underwrite the salary and/or expenses of the employee during the sabbatical. Each Fellowship will be a monetary award of up to $25,000 to be used to enhance the recipient's professional performance. During the year there was one recipients of the Jack Fellowship. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $25,000 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $25,000 | TotalOtherProgSrvcGrantAmt |
| Total Program Service Expenses | $1,590,261 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | Yes (1) | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | 0 | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 17 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 64 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 63 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | Yes (1) | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | 0 | WhistleblowerPolicyInd |
| Document Retention Policy | 0 | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Kari Knudson | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7012245700 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 5587 | AddressLine1Txt |
| City | Bismarck | CityNm |
| State Abbreviation | ND | StateAbbreviationCd |
| ZIP | 585065587 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (82 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| Paul Bakkum | ||||||
| Chair | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| Debra Gallagher | ||||||
| President | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| Tim Atkinson | ||||||
| Vice President | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| Wade Boeshans | ||||||
| Program Committee Chair | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Marlin Kling | ||||||
| Development Committee Chai | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Norm Clark | ||||||
| Finance Committee Chair | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Brad Ballweber | ||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Jay Beyer | ||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Scott Boehm | ||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Jacklyne Carlson | ||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Jim Christianson | ||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Cindy Clairmont-Schmidt | ||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Jordis Conrad | ||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Terry Daffinrud | ||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Carroll Dewing | ||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Dan Dorfschmidt | ||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Vern Dosch | ||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Bryan Dvirnak | ||||||
| Board Member (resigned FY '17)Board Member (resi | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Bruce Emmil | ||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Wendy Feeney | ||||||
| Board Member (resigned FY '17) | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Dave Froelich | ||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | |
| John Giese | ||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Kevin Gilchrist | ||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Mike Haider | ||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Dave Goodin | ||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Florence Hauer | ||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Dick Hedahl | ||||||
| Board Member (resigned FY '17) | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Renae Hansen | ||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Tim Hennessy | ||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Dave Hoekstra | ||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Niles Hushka | ||||||
| Board Member (resigned FY '17) | 1.00 | Yes (X) | $0 | $0 | $0 | |
| John Jessen | ||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Dr Aaron Johnson | ||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Jennifer Klesalek | ||||||
| Board Member (resigned FY '17) | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Rob Koppinger | ||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Loren Kopseng | ||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Jay Kost | ||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Terry Kraft | ||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | |
| David Ludwig | ||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Howard Malloy | ||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Dorothy Mariner | ||||||
| Board Member (resigned FY '17) | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Dale Pahlke | ||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Ryan Pederson | ||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Judy Pfeifle | ||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Ken Reno | ||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Scott Russell | ||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Erik Sakariassen | ||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Paul Sandness | ||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Dave Sauer | ||||||
| Board Member (resigned FY '17) | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Jerry Schlosser | ||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Pamela Schmidt | ||||||
| Board Member (resigned FY '17) | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Jerry Splonskowski | ||||||
| Board Member (resigned FY '17) | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Kevin Strege | ||||||
| Board Member (resigned FY '17) | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Mary Theel | ||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Allan Thomas | ||||||
| Board Member (resigned FY '17) | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Bill Townsend | ||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Irene Tschider | ||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Stacy Tschider | ||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Chad Wachter | ||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Curt Walth | ||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Shelly Wanek | ||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Pat Ward | ||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Tricia Arenz | ||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Scott Becker | ||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Jonus Elston | ||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Russ Hanson | ||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Jerry Hauff | ||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Gary Schumacher | ||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Ben Johnson | ||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Tim Karsky | ||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Brian Kroshus | ||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | |
| John Weeda | ||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Scott Wegner | ||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Tony Welder | ||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | |
| David Mason | ||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Joseph Vuolo | ||||||
| Board Member (resigned FY '17) | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Marcie Woehl | ||||||
| Board Member (resigned FY '17) | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Michael Thomas | ||||||
| Board Member (resigned FY '17) | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Tamara Barber NV | ||||||
| Fiscal officer | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Dave Clark NV | ||||||
| Secretary-Treasurer | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Larry Skogen NV | ||||||
| President of Bismarck Stat | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Kari Knudson NV | ||||||
| Executive Director | 40.00 | Yes (X) | $144,131 | $0 | $30,988 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $144,131 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $30,988 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 1 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | Yes (1) | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Professional Contractors Inc | BusinessNameLine1Txt |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1131 Airport Road | AddressLine1Txt |
| City | Bismarck | CityNm |
| State Abbreviation | ND | StateAbbreviationCd |
| ZIP | 58504 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | Construction projects | ServicesDesc |
| Compensation | $1,393,269 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $14,192 | FundraisingAmt |
| All Other Contributions | $2,541,873 | AllOtherContributionsAmt |
| Noncash Contributions | $417,649 | NoncashContributionsAmt |
| Total Contributions | $2,556,065 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Other Revenue | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $8,294 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $8,294 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $8,294 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $269,513 | TotalRevenueColumnAmt |
| Exclusion | $269,513 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $111,666 | TotalRevenueColumnAmt |
| Exclusion | $111,666 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $915,096 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $369,397 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $545,699 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $545,699 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $110,651 | UnrelatedBusinessRevenueAmt |
| Exclusion | $435,048 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $5,389,107 | SecuritiesAmt |
| Other | $11,309 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $4,878,602 | SecuritiesAmt |
| Other | $7,604 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $510,505 | SecuritiesAmt |
| Other | $3,705 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $514,210 | TotalRevenueColumnAmt |
| Exclusion | $514,210 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $15,503 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $14,192 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $8,488 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $7,015 | TotalRevenueColumnAmt |
| Exclusion | $7,015 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Common Area Rental Income | Desc |
| Business | 531310 | BusinessCd |
| Total Revenue Column | $15,798 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $11,338 | UnrelatedBusinessRevenueAmt |
| Exclusion | $4,460 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $15,798 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,028,260 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $8,294 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $121,989 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,341,912 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $622,930 | TotalAmt |
| Program Services | $622,930 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $669,446 | TotalAmt |
| Program Services | $669,446 | ProgramServicesAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $161,629 | TotalAmt |
| Management And General | $161,629 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,657 | TotalAmt |
| Management And General | $21,657 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $101,920 | TotalAmt |
| Management And General | $101,920 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,963 | TotalAmt |
| Management And General | $11,963 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,667 | TotalAmt |
| Program Services | $2,399 | ProgramServicesAmt |
| Management And General | $18,268 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,021 | TotalAmt |
| Management And General | $6,021 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,997 | TotalAmt |
| Management And General | $5,997 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $160,328 | TotalAmt |
| Program Services | $89,371 | ProgramServicesAmt |
| Management And General | $70,957 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $497,595 | TotalAmt |
| Program Services | $145,011 | ProgramServicesAmt |
| Management And General | $352,584 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,744 | TotalAmt |
| Program Services | $12,414 | ProgramServicesAmt |
| Management And General | $15,330 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | FundraisingFundraisingAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|---|
| General Fundraising Cam | $52,489 | $52,489 | ||
| Development | $21,531 | $21,531 | ||
| Income Tax Expense | $21,402 | $21,402 | ||
| Dues & Subscriptions | $2,885 | $2,885 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,354 | TotalAmt |
| Program Services | $5,757 | ProgramServicesAmt |
| Management And General | $4,296 | ManagementAndGeneralAmt |
| Fundraising | $4,301 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,420,558 | TotalAmt |
| Program Services | $1,590,261 | ProgramServicesAmt |
| Management And General | $773,507 | ManagementAndGeneralAmt |
| Fundraising | $56,790 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $718,308 | BOYAmt |
| EOY | $782,469 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,452,805 | BOYAmt |
| EOY | $1,792,588 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $116,396 | BOYAmt |
| EOY | $93,569 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,490,417 | BOYAmt |
| EOY | $1,356,661 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $58,392 | BOYAmt |
| EOY | $19,548 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $26,525,659 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $4,065,364 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,883,895 | BOYAmt |
| EOY | $22,460,295 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,787,068 | BOYAmt |
| EOY | $18,856,615 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $178,991 | BOYAmt |
| EOY | $491,328 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,777,980 | BOYAmt |
| EOY | $1,790,789 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $45,464,252 | BOYAmt |
| EOY | $47,643,862 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,329,577 | BOYAmt |
| EOY | $1,077,628 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,775 | BOYAmt |
| EOY | $26,695 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,607,763 | BOYAmt |
| EOY | $6,259,155 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,898,140 | BOYAmt |
| EOY | $4,645,364 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,522,874 | BOYAmt |
| EOY | $3,744,307 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,373,129 | BOYAmt |
| EOY | $15,753,149 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,432,227 | BOYAmt |
| EOY | $9,015,575 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $750,968 | BOYAmt |
| EOY | $1,194,989 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,907,928 | BOYAmt |
| EOY | $21,680,149 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,091,123 | BOYAmt |
| EOY | $31,890,713 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $45,464,252 | BOYAmt |
| EOY | $47,643,862 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $1,607,702 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $1,199,338 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$7,450 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| College Organization | Yes (X) | CollegeOrganizationInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,751,998 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,145,215 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,754,650 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,149,541 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,556,065 | CurrentTaxYearAmt |
| Total | $14,357,469 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,751,998 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,145,215 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,754,650 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,149,541 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,556,065 | CurrentTaxYearAmt |
| Total | $14,357,469 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $2,293,379 | SubstantialContributorsTotAmt |
| Public Support Total170 | $12,064,090 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $431,958 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $597,251 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $813,887 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,123,610 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $924,968 | CurrentTaxYearAmt |
| Total | $3,891,674 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | $83,151 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $90,388 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $105,520 | CurrentTaxYearAmt |
| Total | $279,059 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $18,528,202 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $238,163 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.65110 | PublicSupportCY170Pct |
| Public Support PY170 | 0.62850 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets Included | $52,265 | AssetsIncludedAmt |
Collection Used Other Purposes CollectionUsedOtherPurposesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Other Purposes | Yes (X) | CollectionUsedOtherPurposesInd |
| Other Purposes | Study of Art Appreciation | OtherPurposesDesc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $16,297,714 | BeginningYearBalanceAmt |
| Contributions | $1,460,146 | ContributionsAmt |
| Investment Earnings Or Losses | $2,062,324 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,166,207 | OtherExpendituresAmt |
| Administrative Expenses | $64,856 | AdministrativeExpensesAmt |
| End Year Balance | $18,589,121 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $15,087,730 | BeginningYearBalanceAmt |
| Contributions | $2,483,457 | ContributionsAmt |
| Investment Earnings Or Losses | -$45,974 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,170,024 | OtherExpendituresAmt |
| Administrative Expenses | $57,475 | AdministrativeExpensesAmt |
| End Year Balance | $16,297,714 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $12,594,203 | BeginningYearBalanceAmt |
| Contributions | $2,975,007 | ContributionsAmt |
| Investment Earnings Or Losses | $585,851 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,067,331 | OtherExpendituresAmt |
| End Year Balance | $15,087,730 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $10,300,616 | BeginningYearBalanceAmt |
| Contributions | $1,437,391 | ContributionsAmt |
| Investment Earnings Or Losses | $2,295,831 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,439,635 | OtherExpendituresAmt |
| End Year Balance | $12,594,203 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $8,927,380 | BeginningYearBalanceAmt |
| Contributions | $926,659 | ContributionsAmt |
| Investment Earnings Or Losses | $1,390,372 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $943,795 | OtherExpendituresAmt |
| End Year Balance | $10,300,616 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prmnnt Endowment Balance EOY | 0.97520 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.02480 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $143,997 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $1,200,000 | OtherCostOrOtherBasisAmt |
| Book Value | $1,343,997 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $23,792,973 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,181,012 | DepreciationAmt |
| Book Value | $20,611,961 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $175,517 | OtherCostOrOtherBasisAmt |
| Depreciation | $150,523 | DepreciationAmt |
| Book Value | $24,994 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $678,351 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $534,821 | OtherCostOrOtherBasisAmt |
| Depreciation | $733,829 | DepreciationAmt |
| Book Value | $479,343 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $22,460,295 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| Unitrust Payments Due Grantors | $3,363,199 |
| Unitrust Remainder Due Shared Beneficiaries | $38,394 |
| Charitable Lead Trust Due Grantors | $267,714 |
| Contract for Deed | $75,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $3,744,307 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $5,611,533 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $1,199,338 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $13,499 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | -$7,450 | OtherRevenueAmt |
| Revenue Not Reported | $1,205,387 | RevenueNotReportedAmt |
| Revenue Subtotal | $4,406,146 | RevenueSubtotalAmt |
| Other Revenues Not Included | -$377,886 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$377,886 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $4,028,260 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $2,811,943 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $13,499 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $377,886 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $391,385 | ExpensesNotReportedAmt |
| Expenses Subtotal | $2,420,558 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $2,420,558 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part III, Line 4: | The Foundation maintains a collection of drawings, medallions, and books, as well as some Pre-Columbian art which was donated to the Foundation over 20 years ago. The Foundation uses the collection in the study of art appreciation. |
| Part V, Line 4: | Endowment funds are used to fund programs at Bismarck State College, including scholarships and grants. From time to time, the fair value of assets associated with individual donor restricted endowment funds may fall below the level that the donor or UPMIFA requires the Foundation to retain as a fund of perpetual duration. In accordance with generally accepted accounting principles, deficiencies of this nature that are reported in unrestricted net assets were $3,552,071 and $3,954,986 as of June 30, 2017 and 2016. These deficiencies resulted from unfavorable market fluctuations that occurred shortly after the investment of new permanently restricted contributions and continued appropriation for certain programs that was deemed prudent by the Board of Trustees. |
| Part X, Line 2: | The Foundation 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). The Foundation qualifies for the charitable contribution deduction under Section 170(b)(1)(A)(vi), and has been determined not to be a private foundation under Sections 509(a)(1). The Foundation is annually required to file a Return of Organization Exempt from Income Tax (Form 990) with the IRS. In addition, the Foundation is subject to income tax on net income that is derived from business activities that are unrelated to its exempt purpose. The Foundation has determined it is subject to unrelated business income tax and will file an Exempt Organization Business Income Tax Return (Form 990-T) with the IRS to report its unrelated business taxable income. The Foundation believes that it 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 financial statements. The Foundation would recognize future accrued interest and penalties related to unrecognized tax benefit and liability in income tax expense if such interest and penalties are incurred. |
| Part XI, Line 2d - Other Adjustments: | Actuarial Adjustment on Annuity Payments -7,450. |
| Part XI, Line 4b - Other Adjustments: | Special Events Expense Reported in Expenses on Financial Statements -8,488. Rental expenses -369,398. |
| Part XII, Line 2d - Other Adjustments: | Special Event Expenses Reported in Revenue on Form 990 8,488. Rental expenses 369,398. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | Golf Tournament | Event1Nm |
| Gross Receipts Event1 | $21,578 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $12,715 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $8,863 | GrossRevenueEvent1Amt |
| Non Cash Prizes Event1 | $1,625 | NonCashPrizesEvent1Amt |
| Rent Facility Costs Event1 | $4,340 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $940 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $106 | OtherDirectExpensesEvent1Amt |
| Event2 | President's Ride | Event2Nm |
| Gross Receipts Event2 | $8,117 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $1,477 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $6,640 | GrossRevenueEvent2Amt |
| Non Cash Prizes Event2 | $1,000 | NonCashPrizesEvent2Amt |
| Food And Beverage Event2 | $477 | FoodAndBeverageEvent2Amt |
| Gross Receipts Total | $29,695 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $14,192 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $15,503 | GrossRevenueTotalEventsAmt |
| Non Cash Prizes Total Events | $2,625 | NonCashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $4,340 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $1,417 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $106 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $8,488 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $7,015 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Valuation Method UsedValuationMethodUsedDesc | Non Cash AssistanceNonCashAssistanceDesc | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|---|---|
| Bismarck State College | ||||||||||
| PO Box 5587 | Bismarck | ND | 58506 | 363291146 | Bismarck State Colle | $136,471 | $412,472 | FMV | In-kind donations for programs | Grant |
| Bismarck Mandan Chamber Foundation | ||||||||||
| 1640 Burnt Boat Dr | Bismarck | ND | 585021675 | 263807225 | 501(c)(3) | $20,000 | Community Bowl Rennovation | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 2 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (11 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Valuation Method UsedValuationMethodUsedDesc | Non Cash AssistanceNonCashAssistanceDesc |
|---|---|---|---|---|---|
| Scholarships paid to Bismarck State College for BSC Students | 454 | $576,385 | $5,657 | invoices | Postage and special events to promote scholarship applications |
| BCS Student Recognition Awards | 154 | $14,200 | $4,057 | invoices | PTK Membership Dues/programs/food/flowers/postage |
| BSC Employee Recognition Awards | 94 | $13,642 | $9,338 | invoices | Programs, decorations, entertainment and food. |
| Jack Fellowship | $25,000 | ||||
| Scholarships paid to University of Mary for scholarships of graduates of BSC | 2 | $3,000 | |||
| Scholarships paid to North Dakota State University for scholarships of graduates of BSC | 6 | $8,167 | |||
| Scholarships paid to Minnesota State University - Moorhead for scholarships of graduates of BSC | 1 | $2,000 | |||
| Scholarships paid to University of North Dakota for scholarships of graduates of BSC | 1 | $3,000 | |||
| Scholarships paid to Eastern New Mexico University for scholarships of graduates of BSC | 1 | $2,000 | |||
| Scholarships paid to Yavapai College for scholarships of graduates of BSC | 1 | $2,000 | |||
| Scholarships paid to Dickinson State University for scholarships of graduates of BSC | 1 | $1,000 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Line 2: | Bismarck State College's business office monitors the use of the grants and scholarships. |
| Part III, Column (b): | The number of recipients is based on the actual listing of students or employees that received grants or assistance. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Kari Knudson NV | PersonNm |
| Title | Executive Director | TitleTxt |
| Base Compensation Filing Org | $144,131 | BaseCompensationFilingOrgAmt |
| Compensation Based On Rltd Orgs | $0 | CompensationBasedOnRltdOrgsAmt |
| Bonus Filing Organization | $0 | BonusFilingOrganizationAmount |
| Bonus Related Organizations | $0 | BonusRelatedOrganizationsAmt |
| Other Compensation Filing Org | $0 | OtherCompensationFilingOrgAmt |
| Other Compensation Rltd Orgs | $0 | OtherCompensationRltdOrgsAmt |
| Deferred Compensation Flng Org | $17,408 | DeferredCompensationFlngOrgAmt |
| Deferred Comp Rltd Orgs | $0 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Filing Org | $14,069 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $0 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $175,608 | TotalCompensationFilingOrgAmt |
| Total Compensation Rltd Orgs | $0 | TotalCompensationRltdOrgsAmt |
| Comp Report Prior990 Filing Org | $0 | CompReportPrior990FilingOrgAmt |
| Comp Report Prior990 Rltd Orgs | $0 | CompReportPrior990RltdOrgsAmt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Line 1a | The Foundation pays for the Rotary Club dues for the Executive Director and the Lions Club dues for the former Executive Director. The Foundation also pays for some travel costs of the former Executive Director's spouse. |
| Part II: | The Executive Director is paid by an unrelated company, Bismarck State College, for services as the Executive Director for Bismarck State College Foundation. Total compensation paid to Kari Knudson by the unrelated company in the calendar year was $175,608. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (3 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|
| City of Washburn | |||||||
| A | 456002183 | 2007-04-10 | $7,944,818 | Construction of single facility | 0 | 0 | 0 |
| City of Washburn | |||||||
| B | 456002183 | 2006-10-04 | $1,400,000 | Purchase land and construction of a single facility | 0 | 0 | 0 |
| City of Center | |||||||
| C | 456004957 | 2014-10-28 | $5,250,000 | Construction of two residence halls | 0 | 0 | 0 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Total ProceedsTotalProceedsAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Capital ExpendituresCapitalExpendituresAmt | Substantial CompletionSubstantialCompletionYr | Current RefundingCurrentRefundingInd | Advance RefundingAdvanceRefundingInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|---|---|---|---|---|
| A | $7,173,157 | $7,944,818 | $131,698 | $7,813,120 | 2008 | 0 | 0 | Yes (1) | Yes (1) |
| B | $815,000 | $1,400,000 | $1,400,000 | 2007 | 0 | 0 | Yes (1) | Yes (1) | |
| C | $312,275 | $5,117,346 | $15,638 | $5,234,362 | 2016 | 0 | 0 | 0 | Yes (1) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (3 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Private Bus Concerning UBIPrivateBusConcerningUBIPct | Total Private Business UseTotalPrivateBusinessUsePct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | 0 |
| B | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | 0 |
| C | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | 0 |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (3 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| C | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Procedures Corrective Action ProceduresCorrectiveActionGrp (3 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | 0 |
| B | 0 |
| C | 0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule K Part II, Line 3C: | FormAndLineReferenceDesc |
| Explanation | The project related to this bond issue was started in 2014; proceeds spent equal the issue price. Construction was completed in June 2016. | ExplanationTxt |
Schedule L IRS990ScheduleL
Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash Grant | $500 | CashGrantAmt |
| Type Of Assistance | Merit Scholarship | TypeOfAssistanceTxt |
| Assistance Purpose | Educational advancement | AssistancePurposeTxt |
Schedule M IRS990ScheduleM
Cars And Other Vehicles CarsAndOtherVehiclesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 5 | ContributionCnt |
| Noncash Contributions Rpt F990 | $14,773 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Selling price | MethodOfDeterminingRevenuesTxt |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $49,612 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Average High/Low value | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (3 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | Materials & Supplies | 38 | $351,037 | Selling Price |
| Yes (X) | Prizes | 4 | $1,750 | Selling Price |
| Yes (X) | Food & Water | 2 | $477 | Selling Price |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 5 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (1) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 32b: | FormAndLineReferenceDesc |
| Explanation | In prior years the organization has received donated real estate and use the services of a board member who is a real estate agent to sell the donated property. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section A, line 1 | The Executive Committee shall consist of the officers of the Board, the President of BSC, and the Executive Director, both ex-officio, non-voting. The Executive Committee shall have power to hold meetings at such times and places as it deems advisable and to take such action as may be necessary or proper to carry out the purposes of the Foundation. Excepting matters which the Board of Trustees is required to act actions by the Executive Committee shall have the authority of the Board of Trustees. The Committee has the authority to review, make modifications to and recommend approval of the proposed Foundation annual fiscal year budget. The Committee shall forward the recommended proposed budget to the Board of Trustees for final approval. The Committee shall also be authorized to review, modify, reject or recommend approval of any proposed amendments to the approved fiscal year budget. The Committee shall forward any recommended budget changes to the Board of Trustees for final approval. The Executive Committee shall also serve as the Audit Committee for the Foundation. As such, it shall review and approve the annual audit and Management Letter. |
| Form 990, Part VI, Section A, line 2 | Paul Sandness and Dave Goodin have a business relationship. Stacy Tschider and Loren Kopsen have a business relationship. David Ludwig, Tim Karsky, and David Mason have a business relationship. Dave Clark, Larry Skogen, and Kari Knudson have a business relationship with each other and with Tamera Barber, Joseph Vuolo, Bruce Emmil, Jennifer Klesalek, and Jacklyne Carlson. Vern Dosch and Jerry Schlosser have a family relationship. |
| Form 990, Part VI, Section A, line 4 | The Bylaws were updated on February 2, 2017. Significant changes included in these Bylaws included: -The prior Bylaws indicated that the President of the Bismarck State College Board of Governors shall serve ex-officio as a voting member. This was replaced with the President of the BSC Student Government Association. -The Bylaws added that One non dues-paying representative from the Bismarck or Mandan High School systems will be appointed to serve a two year term. |
| Form 990, Part VI, Section B, line 11b | The Public Disclosure copy of the Form 990 is reviewed by the full Board of Directors prior to filing with the IRS. |
| Form 990, Part VI, Section B, line 12c | The policy covers all board members and foundation employees. The conflict of interest statements are completed and reviewed annually. The Executive Director, accountant and administrative assistant review the statements to determine whether a conflict exists. Conflicts would be reviewed by the Executive Director and depending on the situation, the board member is not allowed to vote on anything that involves the related entity or relationship. |
| Form 990, Part VI, Section B, line 15 | Kari Knudson is paid by an unrelated organization. The Human Resource Director of the unrelated organization gathers compensation information based upon a North Dakota Colleges survey (state and regional). An independent committee (Executive Council of the College) establishes the compensation and the results are documented in an employment contract. |
| Form 990, Part VI, Section C, line 19 | The organization's governing documents, conflict of interest policy, and financial statements are made available to the public upon request. |
| Form 990, Part XI, line 9: | Actuarial Gain/Loss on Annuity Payments -7,450. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|
| Student Housing LLC | |||||||||
| PO Box 5587 | Bismarck | ND | 585065587 | 471109872 | Residential Real Estate Rental | ND | $308,319 | $5,448,238 | Bismarck State College Foundation |
| Property Holdings LLC | |||||||||
| PO Box 5587 | Bismarck | ND | 585065587 | 471677740 | Commercial Real Estate Rental | ND | $539,524 | $6,678,779 | Bismarck State College Foundation |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (3 entries)
| Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|
| Charitable Remainder Unitrusts (12) | |||
| Charitable Trust | ND | Bismarck State College Foundation | Yes (1) |
| Charitable Lead Trusts (3) | |||
| Charitable Trust | ND | Bismarck State College Foundation | Yes (1) |
| Perpetual Trust (1) | |||
| Charitable Trust | ND | Bismarck State College Foundation | Yes (1) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Comments