2017-11-08T10:27:56-06:00 2016-12-31 450250958 EIDE BAILLY LLP 4310 17TH AVE S PO BOX 2545 FARGO ND 581082545 990 2016-01-01 456014085 The Team Makers Club Inc TEAM 7012779271 NDSU Dept 1200 PO Box 6050 Fargo ND 581086050 Ken Loken Secretary/Treasurer 7012779271 2017-11-06 1 LISA CHAFFEE CPA P00193453 7012398500 2017-11-06 199.116.173.12 2017-11-06 08:31:02 CS P 6C9B1A35775087DBDB8A6D25ECA509C7F6C27838 385FD7544B689D76E9DA9F221308BA92DD4DD75D 2016 2018-03-14 21:41:22Z Ken Loken NDSU Dept 1200 PO Box 6050 Fargo ND 581086050 13818686 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 58 80 0 0 3234465 2234673 2810901 4134341 136754 -146220 414051 435027 6596171 6657821 4869357 6487004 0 0 2064 6079 0 0 67389 493620 487345 5365041 6980428 1231130 -322607 8986234 10146278 5677584 6760409 3308650 3385869 To provide financial support, promotion and spirit for our student athletes and the NDSU Athletic Department in order to achieve excellence. 0 0 6702296 6487004 4129896 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 2016 was $4,300,000.During 2016, the organization funded the furniture, fixtures and equipment for the new Sanford Health Athletic Complex (SHAC) building. 6702296 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 55 53 1 58 1 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MN X Tom Fox 7012779271 1002 South 28th Street Suite B Fargo ND 58103 Terry Lundlum President 2.00 X X 1649 0 0 Paul Bougie Past President 2.00 X X 1649 0 0 Kris Bakkegard 1st Vice President 2.00 X X 0 0 0 Chris Haugrud 2nd Vice President 2.00 X X 0 0 0 Ken Loken 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 Matthew Larsen Director of Athletics 2.00 X 0 0 0 John Glover Alumni Association Rep. 2.00 X 0 0 0 Craig Sandstrom Member At Large 2.00 X 0 0 0 Pat Simmers Executive Director 20.00 X 2781 0 0 6079 0 0 0 0 0 1 0 587096 60310 1587267 47675 2234673 Membership Dues 711210 3864799 3864799 Tailgate Reservations 900099 237144 237144 Auctions 900099 4445 4445 27953 27953 4134341 102829 102829 1827970 500 2077519 0 -249549 500 -249049 -249049 93879 60310 94954 -1075 -1075 5424494 4988392 436102 436102 6657821 4129896 0 293252 6487004 6487004 6079 6079 17707 17707 17974 17974 3119 3119 119183 10597 108586 40074 31464 8610 4504 4504 Tailgating 147822 147822 In Kind Donated Food 47675 47675 89287 30508 58779 6980428 6702296 210743 67389 4768442 5035698 748827 158165 20180 6967 7444 3648 5739 121733 86290 23004 35443 4026008 4292947 8986234 10146278 214430 187829 4490301 5498690 5806 23443 967047 1050447 5677584 6760409 X 2297088 2399694 1011562 986175 3308650 3385869 8986234 10146278 -322607 399826 0 X 0 1 X 1 0 X 1666754 1431443 1596119 3234465 2234673 10163454 1666754 1431443 1596119 3234465 2234673 10163454 1367694 8795760 45911 82586 62642 79001 102829 372969 10536423 38885942 0.83480 0.88440 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 121733 86290 35443 35443 Due to NDSU - Tickets 1037553 Due to NDSU - Processing Fee 12894 1050447 X 7370235 399826 312588 712414 6657821 0 6657821 7293016 312588 312588 6980428 0 6980428 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. 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 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 44925 15068 29857 3480 8728 8797 8852 Women's Classic Golf 24500 12559 11941 1785 4160 1440 4837 6 84764 32683 52081 5035 19514 13644 14682 154189 60310 93879 10300 32402 23881 28371 94954 -1075 327409 248383 2400 38706 0 1763325 1397850 5550 80173 0 3333760 2636501 36447 542382 0 5424494 4282734 44397 661261 4988392 436102 ND 1 0 1 0 1.00000 Tom Fox 3309 Fiechtner Dr S Suite G Fargo ND 58103 0 Rick Stenseth 68640 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 6279938 Educational North Dakota State University Development Foundation PO Box 5144 Fargo ND 581055144 237120898 501(c)(3) 207066 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 for services to both organizations includes $123,948 in salary, $15,984 in pension and $14,140 in benefits. During 2016, Team Makers Club reimbursed the Executive Director $2,781 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 30 47675 Cost 0 0 1 0 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. The governing body also contains two individuals serving as Investment Chair. The position has only one voting right. If both of the Investment Co-Chairs attend a meeting, they only have one voting right. Therefore, there are only 11 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, the other officers, the Immediate Past President of the corporation, the Athletic Director, and the Alumni Director of NDSU. 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 classes of members are as follows: Circle of Champions, Thundering Herd, Bison Club, Gold, Silver, Bronze, Captain, Green & Gold and Booster. Each class represents the level at which they contributed, with Circle of Champions being the highest level. Each member must make a minimal annual investment as established by the Board of Directors. 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 B, line 11b The Board is provided a copy of the Form 990 electronically. The board members confirm receipt and review of the return. The Secretary/Treasurer does a final review, approval, and filing of 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.