WILLISTON STATE COLLEGE FOUNDATION: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- WILLISTON STATE COLLEGE FOUNDATION (EIN 45-6012226)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-05-14
- IRS object ID
- 201421349349303632
- Schema version
- 2012v2.1
- 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 L
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-05-14T11:54:38-05:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 450250958 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EIDE BAILLY LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 210 UNIVERSITY AVE PO BOX 1387 | AddressLine1 |
| City | WILLISTON | City |
| State | ND | State |
| ZIP Code | 588021387 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 456012226 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Williston State College Foundation | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | WILL | NameControl |
| Phone | 7015729275 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O Box 1286 | AddressLine1 |
| City | Williston | City |
| State | ND | State |
| ZIP Code | 588021286 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Terry Olson | Name |
| Title | Executive Director | Title |
| Phone | 7015729275 | Phone |
| Date Signed | 2014-05-05 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Nancy Swallom CPA | Name |
| PTIN | P00137671 | PTIN |
| Phone | 7015772157 | Phone |
| Date Prepared | 2014-05-02 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Terry Olson | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O Box 1286 | AddressLine1 |
| City | Williston | City |
| State | ND | State |
| ZIP Code | 588021286 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 10819934 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.wscfoundation.com | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1961 | YearFormation |
| State Legal Domicile | ND | StateLegalDomicile |
| Activity Or Mission Description | To promote and support Williston State College. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 11 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 9 | NbrIndependentVotingMembers |
| Total Nbr Employees | 26 | TotalNbrEmployees |
| Total Nbr Volunteers | 11 | TotalNbrVolunteers |
| Total Gross UBI | 247399 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -90120 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 531277 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 499850 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 362268 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 162524 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 451515 | InvestmentIncomePriorYear |
| Investment Income Current Year | 337245 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 2250175 | OtherRevenuePriorYear |
| Other Revenue Current Year | 3237480 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 3595235 | TotalRevenuePriorYear |
| Total Revenue Current Year | 4237099 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 1997526 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 1287430 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 373088 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 210374 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 4207 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 396300 | OtherExpensePriorYear |
| Other Expenses Current Year | 743799 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 2766914 | TotalExpensesPriorYear |
| Total Expenses Current Year | 2241603 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 828321 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 1995496 | RevenuesLessExpensesCY |
| Total Assets BOY | 13598048 | TotalAssetsBOY |
| Total Assets EOY | 22747109 | TotalAssetsEOY |
| Total Liabilities BOY | 863935 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 7566876 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 12734113 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 15180233 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | The Foundation partners with the College by building relationships with alumni, donors and surrounding communities; generating financial support; funding student and faculty development scholarships; and leading capital expansion to develop a thriving, state-of-the-art campus. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 1271459 | Expense |
| Grants | 1271459 | Grants |
| Description | The organization provides scholarships for higher education at Williston State College (WSC), grants for continuing education, and WSC staff grants for the support of college and community programs and projects. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 351931 | Expense |
| Revenue | 162524 | Revenue |
| Description | The Foundation provides support for the William Shemorry Library for the ND State Historical Society, owns property and equipment that is rented by Williston State College and produces a quarterly publication - Teton Thunder News. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 15971 | Expense |
| Grants | 15971 | Grants |
| Description | Contributions to other charities that support the Williston North Dakota area. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 1639361 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 1 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 1 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 1 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 8 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 6 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 26 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 11 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 9 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 0 | WhistleblowerPolicy |
| Document Retention Policy | 0 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Terry Olson | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 7015729275 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 501 18th Street East | AddressLine1 |
| City | Williston | City |
| State | ND | State |
| ZIP Code | 58801 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (12 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| Pete Furuseth | ||||||
| President | 5.00 | X | X | 0 | 0 | 0 |
| Charlotte Schilke | ||||||
| Vice President | 1.00 | X | X | 0 | 0 | 0 |
| Kim Hennessy | ||||||
| Secretary/Treasurer | 1.00 | X | X | 0 | 0 | 0 |
| Dean Aafedt | ||||||
| Director | 1.00 | X | 0 | 0 | 0 | |
| Jon Ellefson | ||||||
| Director | 1.00 | X | 0 | 0 | 0 | |
| Jerry Gratz | ||||||
| Director | 1.00 | X | 0 | 0 | 0 | |
| Tammy Sogard | ||||||
| Director | 1.00 | X | 0 | 0 | 0 | |
| Myron Lee | ||||||
| Director | 1.00 | X | 0 | 0 | 0 | |
| Dr Brett Vibeto | ||||||
| Director | 1.00 | X | 0 | 0 | 0 | |
| Nathan Jepsen | ||||||
| Director | 1.00 | X | 0 | 0 | 0 | |
| Larry Grondahl | ||||||
| Director | 1.00 | X | 0 | 0 | 0 | |
| Terry Olson | ||||||
| Executive Director | 50.00 | X | 138744 | 0 | 25669 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 138744 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 25669 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation
Name Of Contractor NameOfContractor
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Community Contractors Inc | BusinessNameLine1 |
Address Of Contractor AddressOfContractor
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4297 16th Ave N PO Box 13593 | AddressLine1 |
| City | Grand Forks | City |
| State | ND | State |
| ZIP Code | 582083593 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Of Services | general contractor | DescriptionOfServices |
| Compensation | 8971184 | Compensation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 1 | NumberOfContractorsGT100K |
| All Other Contributions | 499850 | AllOtherContributions |
| Total Contributions | 499850 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| Student Housing | 531110 | 80500 | 80500 |
| Miscellaneous Revenue | 900099 | 46024 | 46024 |
| TrainND Lease Income | 532420 | 36000 | 36000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 162524 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 304171 | TotalRevenueColumn |
| Exclusion | $304,171 | ExclusionAmount |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2341507 | TotalRevenueColumn |
| Exclusion | $2,341,507 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 767958 | Securities |
| Other | 102400 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 745780 | Securities |
| Other | 91504 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 22178 | Securities |
| Other | 10896 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 33074 | TotalRevenueColumn |
| Exclusion | $33,074 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Gaming | 6394125 | GrossIncomeGaming |
| Gaming Direct Expenses | 5745551 | GamingDirectExpenses |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 648574 | TotalRevenueColumn |
| Exclusion | $648,574 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|
| ND Motor Vehicle | 900099 | 236399 | 236399 |
| Advertising | 900099 | 11000 | 11000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 247399 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 4237099 | TotalRevenueColumn |
| Related Or Exempt Function Income | 162524 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 247399 | UnrelatedBusinessRevenue |
| Exclusion | $3,327,326 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | X | InfoInScheduleOPartIX |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1287430 | Total |
| Program Services | 1287430 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 184744 | Total |
| Program Services | 75310 | ProgramServices |
| Management And General | 109434 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6284 | Total |
| Program Services | 3055 | ProgramServices |
| Fundraising | 3229 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 321 | Total |
| Fundraising | 321 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7623 | Total |
| Program Services | 7194 | ProgramServices |
| Fundraising | 429 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11402 | Total |
| Program Services | 4903 | ProgramServices |
| Management And General | 6271 | ManagementAndGeneral |
| Fundraising | 228 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1811 | Total |
| Program Services | 525 | ProgramServices |
| Management And General | 1286 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 33994 | Total |
| Management And General | 33994 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 37932 | Total |
| Management And General | 37932 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 323305 | Total |
| Program Services | 14051 | ProgramServices |
| Management And General | 309254 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 27587 | Total |
| Program Services | 27587 | ProgramServices |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 60398 | Total |
| Program Services | 19954 | ProgramServices |
| Management And General | 40444 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 31636 | Total |
| Program Services | 24184 | ProgramServices |
| Management And General | 7452 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3080 | Total |
| Management And General | 3080 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 96 | Total |
| Management And General | 96 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 87323 | Total |
| Program Services | 60797 | ProgramServices |
| Management And General | 26526 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9895 | Total |
| Management And General | 9895 | ManagementAndGeneral |
Other Expenses OtherExpenses (2 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices |
|---|---|---|
| Teton Thunder News | 70849 | 70849 |
| Carcass Challenge | 23031 | 23031 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 32862 | Total |
| Program Services | 20491 | ProgramServices |
| Management And General | 12371 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2241603 | Total |
| Program Services | 1639361 | ProgramServices |
| Management And General | 598035 | ManagementAndGeneral |
| Fundraising | 4207 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 55382 | BOY |
| EOY | 80561 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2544092 | BOY |
| EOY | 4314417 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7558 | BOY |
| EOY | 6000 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 35924 | BOY |
| EOY | 13402 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2000 | BOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 613797 | BOY |
| EOY | 1671 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1381 | BOY |
| EOY | 1521 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 9869464 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 454595 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1024321 | BOY |
| EOY | 9414869 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 8118143 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9310593 | BOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3000 | BOY |
| EOY | 796525 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13598048 | BOY |
| EOY | 22747109 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 243178 | BOY |
| EOY | 900607 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 616108 | BOY |
| EOY | 6586147 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4649 | BOY |
| EOY | 80122 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 863935 | BOY |
| EOY | 7566876 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2797793 | BOY |
| EOY | 4056866 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3556634 | BOY |
| EOY | 4619645 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6379686 | BOY |
| EOY | 6503722 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12734113 | BOY |
| EOY | 15180233 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13598048 | BOY |
| EOY | 22747109 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 1995496 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 450624 | ReconciliationUnrealizedInvest |
| Reconcilation Other Changes | 0 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 0 | AuditCommittee |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | X | PubliclySupportedOrg509a2 |
Gifts Grants Contrib Received509 GiftsGrantsContribReceived509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 656567 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 364430 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 98515 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 531277 | CurrentTaxYearMinus1Year |
| Current Tax Year | 499850 | CurrentTaxYear |
| Total | 2150639 | Total |
Gross Receipts From Admissions GrossReceiptsFromAdmissions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 38400 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 60000 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 113589 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 154564 | CurrentTaxYearMinus1Year |
| Current Tax Year | 126524 | CurrentTaxYear |
| Total | 493077 | Total |
Gross Receipts From Non UBI GrossReceiptsFromNonUBI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 318528 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 360340 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 583167 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 692253 | CurrentTaxYearMinus1Year |
| Current Tax Year | 6394125 | CurrentTaxYear |
| Total | 8348413 | Total |
Total509 Total509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1013495 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 784770 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 795271 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1378094 | CurrentTaxYearMinus1Year |
| Current Tax Year | 7020499 | CurrentTaxYear |
| Total | 10992129 | Total |
Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Amts From Subst Contributors AmtsFromSubstContributors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Support From DQ Ps Etc SupportFromDQPsEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | 10992129 | PublicSupportTotal509 |
Gross Investment Income509 GrossInvestmentIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 354383 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 304225 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 339342 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 334250 | CurrentTaxYearMinus1Year |
| Current Tax Year | 2681678 | CurrentTaxYear |
| Total | 4013878 | Total |
Investment Income And UBTI InvestmentIncomeAndUBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 354383 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 304225 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 339342 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 334250 | CurrentTaxYearMinus1Year |
| Current Tax Year | 2681678 | CurrentTaxYear |
| Total | 4013878 | Total |
Other Income509 OtherIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 434413 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 785486 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 688403 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1524174 | CurrentTaxYearMinus1Year |
| Total | 3432476 | Total |
Total Support Total TotalSupportTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1802291 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1874481 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1823016 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 3236518 | CurrentTaxYearMinus1Year |
| Current Tax Year | 9702177 | CurrentTaxYear |
| Total | 18438483 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Percentage509 | 0.59620 | PublicSupportPercentage509 |
| Prior Year Support Percentage | 0.46000 | PriorYearSupportPercentage |
| Investment Income Percentage | 0.21770 | InvestmentIncomePercentage |
| Prior Yr Invest Income Percentage | 0.15600 | PriorYrInvestIncomePercentage |
| Thirty Three Percnt Tests CY509 | X | ThirtyThreePercntTestsCY509 |
| General Explanation | Schedule A, Part II, Line 12, Explanation of Other Income: Oil Gas Inc From Donated Minerals - 2008 Amount: $ 428,729. 2009 Amount: $ 763,888. 2010 Amount: $ 675,900. 2011 Amount: $ 1,524,174. Miscellaneous - 2008 Amount: $ 5,684. 2009 Amount: $ 21,598. 2010 Amount: $ 12,503. | GeneralExplanation |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| 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) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 9736126 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 3033306 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 504704 | GrantsOrScholarships |
| Other Expenditures | 1374975 | OtherExpenditures |
| Administrative Expenses | 37848 | AdministrativeExpenses |
| End Of Year Balance | 10851905 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 9671482 | BeginningOfYearBalance |
| Contributions | 50000 | Contributions |
| Investment Earnings Or Losses | 1804247 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 721059 | GrantsOrScholarships |
| Other Expenditures | 758729 | OtherExpenditures |
| Administrative Expenses | 309815 | AdministrativeExpenses |
| End Of Year Balance | 9736126 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 8700073 | BeginningOfYearBalance |
| Contributions | 158895 | Contributions |
| Investment Earnings Or Losses | 1834403 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 809005 | GrantsOrScholarships |
| Other Expenditures | 44489 | OtherExpenditures |
| Administrative Expenses | 168395 | AdministrativeExpenses |
| End Of Year Balance | 9671482 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 7778780 | BeginningOfYearBalance |
| Contributions | 301933 | Contributions |
| Investment Earnings Or Losses | 1160086 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 391112 | GrantsOrScholarships |
| Other Expenditures | 356 | OtherExpenditures |
| Administrative Expenses | 149256 | AdministrativeExpenses |
| End Of Year Balance | 8700075 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 8103381 | BeginningOfYearBalance |
| Contributions | 426871 | Contributions |
| Investment Earnings Or Losses | -278261 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 393778 | GrantsOrScholarships |
| Other Expenditures | 54379 | OtherExpenditures |
| Administrative Expenses | 25054 | AdministrativeExpenses |
| End Of Year Balance | 7778780 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.01390 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.59930 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.38680 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 7890 | OtherCostOrOtherBasis |
| Book Value | 7890 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 859725 | OtherCostOrOtherBasis |
| Depreciation | 166727 | Depreciation |
| Book Value | 692998 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 593822 | OtherCostOrOtherBasis |
| Depreciation | 287868 | Depreciation |
| Book Value | 305954 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 8408027 | OtherCostOrOtherBasis |
| Book Value | 8408027 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 9414869 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| Annuities payable | $2,381 |
| Accrued interest payable | $23,294 |
| Due to related party | $54,447 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 80122 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 10434003 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 450628 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 725 | DonatedSrvcAndUseOfFacilities |
| Revenue Not Rptd F990 | 451353 | RevenueNotRptdF990 |
| Revenue Subtotal | 9982650 | RevenueSubtotal |
| Other Revenues Not Included | -5745551 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | -5745551 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 4237099 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 7987879 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 725 | DonatedServicesUseOfFacilities |
| Other Expenses Included | 5745551 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 5746276 | ExpensesNotRptdF990 |
| Expenses Subtotal | 2241603 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 2241603 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Description of Intended Use of Endowment Funds: | Part V, Line 4: | The endowment consists of approximately 30 individual funds established for a variety of purposes, including scholarships for Williston State College and other programs and improvements for the college. |
| Description of Uncertain Tax Positions Under FIN 48: | Part X, Line 2: | The Foundation's policy is to evaluate the likelihood that its uncertain tax positions will prevail upon examination based on the extent to which those positions have substantial support within the Internal Revenue Code and Regulations, Revenue Rulings, court decisions and other evidence. It is the opinion of management that the Foundation has no significant uncertain tax positions that would be subject to change upon examination. |
| Part XI, Line 4b - Other Adjustments: | Gaming expenses reported in revenue on tax return -5,745,551. | |
| Part XII, Line 2d - Other Adjustments: | Gaming expenses reported in revenue on tax return 5,745,551. |
Schedule G IRS990ScheduleG
Gaming Information GamingInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Revenue Pull Tabs | 2296693 | GrossRevenuePullTabs |
| Cash Prizes Pull Tabs | 1833761 | CashPrizesPullTabs |
| Other Direct Expenses Pull Tabs | 47874 | OtherDirectExpensesPullTabs |
| Volunteer Labor Pull Tabs | 0 | VolunteerLaborPullTabs |
| Gross Revenue Other Gaming | 4097432 | GrossRevenueOtherGaming |
| Cash Prizes Other Gaming | 3336138 | CashPrizesOtherGaming |
| Non Cash Prizes Other Gaming | 19140 | NonCashPrizesOtherGaming |
| Rent Facility Costs Other Gaming | 53275 | RentFacilityCostsOtherGaming |
| Other Direct Expenses Other Gaming | 455363 | OtherDirectExpensesOtherGaming |
| Volunteer Labor Other Gaming | 0 | VolunteerLaborOtherGaming |
| Gross Revenue Total Gaming | 6394125 | GrossRevenueTotalGaming |
| Cash Prizes Total Gaming | 5169899 | CashPrizesTotalGaming |
| Non Cash Prizes Total Gaming | 19140 | NonCashPrizesTotalGaming |
| Rent Facility Costs Total Gaming | 53275 | RentFacilityCostsTotalGaming |
| Other Direct Expenses Total Gaming | 503237 | OtherDirectExpensesTotalGaming |
| Direct Expense Summary Gaming | 5745551 | DirectExpenseSummaryGaming |
| Net Gaming Income Summary | 648574 | NetGamingIncomeSummary |
| Field | Value | IRS element (for citing) |
|---|---|---|
| States Where Gaming Conducted | ND | StatesWhereGamingConducted |
| Licensed | 1 | Licensed |
| License Suspended Etc | 0 | LicenseSuspendedEtc |
| Gaming With Nonmembers | 1 | GamingWithNonmembers |
| Member Of Other Entity | 0 | MemberOfOtherEntity |
| Percentage Of Gaming Othr Facility | 1.00000 | PercentageOfGamingOthrFacility |
Name Of Gaming Rec Keeper Bus NameOfGamingRecKeeperBus
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Eide Bailly LLP | BusinessNameLine1 |
Address Of Gaming Rec Keeper US AddressOfGamingRecKeeperUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 1387 | AddressLine1 |
| City | Williston | City |
| State | ND | State |
| ZIP Code | 588021387 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contract With3rd Party For Gam Rev | 0 | ContractWith3rdPartyForGamRev |
| Gaming Manager Name Person | Roseanne Marquez | GamingManagerNamePerson |
| Gaming Manager Compensation | 33076 | GamingManagerCompensation |
| Gaming Manager Services Provided | Manage gaming operations, hire and fire employees, make deposits, prepare reports required by gaming regulations. | GamingManagerServicesProvided |
| Gaming Manager Is Employee | X | GamingManagerIsEmployee |
| Charitable Distrib Required | 1 | CharitableDistribRequired |
| Amount Distributed | 285685 | AmountDistributed |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Recipient Table RecipientTable (6 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Purpose Of GrantPurposeOfGrant |
|---|---|---|---|---|---|---|---|
| Williston State College | |||||||
| PO Box 1326 | Williston | ND | 58801 | 450324813 | ND University System | 789434 | Scholarships |
| Williston State College | |||||||
| PO Box 1326 | Williston | ND | 58801 | 450324813 | ND University System | 396576 | Upgrades & improvements |
| Williston Basin Skating Club | |||||||
| PO Box 2453 | Williston | ND | 58801 | 450360016 | 501(c)3 | 34560 | Support Agri Sports Complex Building and hockey programs |
| WSC Small Business Development Center | |||||||
| 1410 University Ave | Williston | ND | 58801 | 450324813 | ND University System | 6000 | Support small business in NW ND |
| WSC Workforce Training | |||||||
| 1410 University Ave | Williston | ND | 58801 | 450324813 | ND University System | 5500 | Oil service rig school |
| Williston State College Building Fund | |||||||
| PO Box 1326 | Williston | ND | 58801 | 450324813 | ND University System | 10000 | Science Center building |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 6 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 0 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Procedure for Monitoring Grants in the U.S.: | Identifier |
| Return Reference | Part I, Line 2: | ReturnReference |
| Explanation | Schedule I, Part I, Line 2: The Foundation has a close working relationship with Williston State College. Due to this relationship and the fact that the Foundation's purpose is to support the college, once grant disbursements are made no further follow-up is done to monitor the use of the funds. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Discretionary Spending Account | X | DiscretionarySpendingAccount |
| Written Policy Re T And E Expenses | 0 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 0 | SubstantiationRequired |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Terry Olson | NamePerson |
| Title | Executive Director | Title |
| Base Compensation Filing Org | 129783 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 2961 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 6000 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 14880 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 11248 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 164872 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | Part I, Line 1a | ReturnReference |
| Explanation | Terry Olson, Executive Director, received $10,000 in a discretionary spending account which was approved by the board. The funds are used for small donations and sponsorships to other charities in the area. The board sees all expenditures paid out from the account. The amount is not treated as taxable wages to Mr. Olson. | Explanation |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (2 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| American State Bank | |||
| Board member is a shareholder & officer at bank holding organization's loan | 179782 | interest payment on loan | 0 |
| K & A Oil | |||
| Board member is the owner of company leasing minerals from organization | 284375 | lease payment | 0 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| Form 990, Part VI, Section A, line 1 | The Executive Committee shall be composed of the officers of the Board of Directors and two (2) additional directors to be appointed by the president. Executive Committee shall have and exercise the powers of the Board of Directors between meetings of the Board of Directors. However, the directors may designate such additional committees, as they deem advisable. Designation and appointment of any such committee or committees and the delegation thereto of authority shall not operate to relieve the Board of Directors, or any individual director, of any responsibility imposed on it or him or her by law. All committees shall and have to exercise the authority of the Board of Directors as delineated and outlined in their appointment; however, no committee shall have the authority of the Board of Directors in reference to the amending, altering, or repealing of the by-laws, and all acts of the committee shall be subject to the approval of the Board of Directors. | |
| Form 990, Part VI, Section A, line 6 | The organization has one class of members, divided into three subdivisions: business, family and individual. Membership is granted to any business, family or individual that supports the mission and purposes of the organization and who pays the annual dues set by the Board of Directors. The members have no voting rights. | |
| Form 990, Part VI, Section B, line 11 | The Form 990 is provided to the governing body for review prior to filing. | |
| Form 990, Part VI, Section B, line 12c | The conflict of interest policy covers all directors, officers, and employees of the Foundation and any member of a committee with board delegated powers. Each board member completes an annual questionnaire indicating whether a conflict of interest exists. If there is a conflict of interest, the interested person shall leave the meeting while the potential conflict is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists. If no conflict of interest exists, the interested person may participate in a discussion of and vote on the transaction or arrangement in question. If a conflict of interest does exist the following procedures shall be followed: 1 An interested person may make a presentation at the board or committee meeting, but after such presentation, the interested person shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement that results in the conflict of interest. 2. The chairperson of the board or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. 3. After exercising due diligence, the board or committee shall determine whether the Foundation can obtain a more advantageous transaction or arrangement with reasonable efforts from a person or entity that would not give rise to a conflict of interest. 4. If a more advantageous transaction or arrangement is not reasonably attainable under circumstances that would not give rise to a conflict of interest, the board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in Foundation's best interest and for its own benefit and whether the transaction is fair and reasonable to Foundation and shall make its decision as to whether to enter into the transaction or arrangement in conformity with such determination. | |
| Form 990, Part VI, Section B, line 15a | The Board of Directors uses the ND State Broadbanding scale to determine the Executive Director's compensation. This process last took place in March 2013. | |
| Form 990, Part VI, Section C, line 19 | Copies may be made available for public inspection upon request by calling the Foundation office. | |
| Form 990, Part IX, line 11g | Contracted services: Program service expenses 14,051. Management and general expenses 309,254. Fundraising expenses 0. Total expenses 323,305. | Other Fees |
Schedule R IRS990ScheduleR
Form990 Schedule R Part I Form990ScheduleRPartI
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Williston State College Housing LLC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 1286 | AddressLine1 |
| City | Williston | City |
| State | ND | State |
| ZIP Code | 58802 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 371693089 | EIN |
| Primary Activities | Affordable housing for WSC employees & other essential service entities | PrimaryActivities |
| Legal Domicile State | ND | LegalDomicileState |
| Total Income | -5753 | TotalIncome |
| EOY Assets | 8631698 | EOYAssets |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WSC Foundation | BusinessNameLine1 |
Comments