2015-10-09T10:50:00-05:00 2014-12-31 450250958 EIDE BAILLY LLP 4310 17TH AVE S PO BOX 2545 FARGO ND 581082545 990 2014-01-01 456014085 The Team Makers Club Inc TEAM 7012779271 NDSU Dept 1200 PO Box 6050 Fargo ND 581086050 Ken Loken Secretary/Treasurer 7012779271 2015-10-08 1 LISA CHAFFEE CPA P00193453 7012398500 2015-10-08 2014 2016-02-25 16:41:14Z Ken Loken NDSU Dept 1200 PO Box 6050 Fargo ND 581086050 8871127 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 46 90 0 0 1431443 1596119 1851718 2025863 87031 62642 375656 352846 3745848 4037470 3180891 3276473 0 0 0 0 0 0 61326 254492 283493 3435383 3559966 310465 477504 5250223 6120747 3498733 3802009 1751490 2318738 To provide financial support, promotion and spirit for our student athletes and the NDSU Athletic Department in order to achieve excellence. 0 0 3343321 3276473 2025863 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 2014 was $2,717,000.During 2013 Team Makers also began a capital campaign to build a sports bubble to cover Dakota Field, which houses athletic activities such as soccer, baseball, softball, golf and football and track and field. This project was completed in 2014. 3343321 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 50 40 1 46 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 X Paul Bougie President 2.00 X X 0 0 0 Ken Zetocha Past President 2.00 X X 0 0 0 Terry Lundlum 1st Vice President 2.00 X X 0 0 0 Kris Bakkegard 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 Chuck Carney Gaming Co-Chairman 2.00 X X 0 0 0 Dennis Walaker Investment Co-Chairmen 2.00 X X 0 0 0 Bruce Grubb Investment Co-Chairman 2.00 X X 0 0 0 Gene Taylor thru July Director of Athletics 2.00 X 0 0 0 Prakash Mathew Aug-Nov Director of Athletics 2.00 X 0 0 0 Sherri Schmidt Alumni Association Rep. 2.00 X 0 0 0 Beth Leake Member At Large 2.00 X 0 0 0 Chris Haugrud Member At Large 2.00 X 0 0 0 Pat Simmers Executive Director 20.00 X 0 0 0 0 0 0 0 0 0 1 0 1511438 54281 30400 30400 1596119 Membership 711210 1940300 1940300 Tailgate Reservations 900099 64731 64731 Parking Revenue 812930 6935 6935 Auctions 900099 5108 5108 8789 8789 2025863 62642 62642 81865 54281 82585 -720 -720 5104638 4751072 353566 353566 4037470 2020755 0 420596 3276473 3276473 9291 9291 7020 7020 4531 4531 119655 31917 87738 35801 25049 10752 4018 4018 Fund Drive 50574 50574 In-Kind Donated Food 30400 30400 22203 22203 3559966 3343321 155319 61326 3040471 3812543 151009 120160 3241 4820 2969 2763 71852 71852 9909 0 2042624 2180461 5250223 6120747 147819 170166 2768869 2934749 9650 13082 572395 684012 3498733 3802009 X 1751490 2318738 1751490 2318738 5250223 6120747 477504 89744 0 X 0 1 X 1 0 X 932935 884167 1666754 1431443 1596119 6511418 932935 884167 1666754 1431443 1596119 6511418 23332 6488086 42355 51003 45911 82586 62642 284497 6795915 31104109 0.95470 0.95310 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 71852 71852 0 0 Due to NDSU - Tickets 671022 Due to NDSU - Processing Fee 12990 684012 X 4393466 89744 266252 355996 4037470 0 4037470 3826218 266252 266252 3559966 0 3559966 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), qualifies for the charitable contribution deduction under Section 170(b)(1)(A)(vi), and has been determined not to be private foundations under Sections 509(a)(1). 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. The Organization has determined it 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. The Organization 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 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. The entity's Form 990 is no longer subject to tax examinations for years before 2011. Bison Open Golf 48934 19104 29830 4108 8994 8332 8396 Women's Classic Golf 26167 17983 8184 2325 4945 211 901 6 61045 17194 43851 6290 16683 7189 14211 136146 54281 81865 12723 30622 15732 23508 82585 -720 319122 238348 2100 37467 0 0.00000 1467392 1163832 4200 61873 0 0.00000 3318124 2739865 30709 472678 0 0.00000 5104638 4142045 37009 572018 4751072 353566 ND 1 0 1 0 1.00000 Tom Fox 1002 South 28th Street Suite B Fargo ND 58103 0 Rick Stenseth 60000 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 3010593 Educational & Field Turf North Dakota State University Development Foundation PO Box 5144 Fargo ND 581055144 237120898 501(c)(3) 265880 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 $118,560 in salary, 15,082 in pension and $12,343 in benefits. X Food 17 30400 FMV 0 0 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 Chair 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 11 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.