Bismarck-Mandan Development Association
Nonprofit profile at a glance
- EIN
- 450357684
- IRS 990 coverage
- 2010–2018
- Forms available
- Form 990 2018
- Location
- Bismarck, ND, USA
- Phone
- 7012225530
- Rating confidence
- Limited
- Sector
- Management & Technical Assistance
Reported finances
- Revenue
- $991,416
- Expenses
- $758,089
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2018. Amounts in USD.
Leadership & pay
20 people listed
Executive titles in this filing
- Brian Ritter (President/CEO)
Highest reported compensation
- Brian Ritter (President/CEO): $79,797 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2018. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The purpose of the Association is to assist and promote the development of commerce in the cities of Bismarck and Mandan and Burleigh and Morton counties and to carry out activities which will enhance the image and reputation of Bismarck and Mandan as a place to live and invest.
What it reported doing in 2018
In the city of Bismarck, BMDA has been at the fore front of the development of the Northern Plains Commerce Centre (NPCC). The NPCC is a premier industrial park with immediate access to road and rail transport located in Bismarck, North Dakota. The NPCC allows companies to improve their ability to efficiently distribute products within the North Plains region and globally. Industrial expansion sites are available from five to 25 acres. The facility offers both rail and non-rail served sites.The city of Bismarck has invested $15 million in infrastructure including rails, water, sewer, streets, public trans-loading and warehouses. This facility was originally designed to allow Doosan Infracore's Bobcat Manufacturing to continue to compete in the global market by providing a competitive freight structure to ship product to the world market. Currently located adjacent to the Bismarck Airport, the NPCC is home to a 100,000 square foot Bobcat Company Manufacturing Research and Development Center and Tubular Transport and Logistics (TTL). Tubular Transport and Logistics offers rail to truck reloading, trucking and storage services allowing non-rail served businesses to take advantage of long haul cost savings by using rail.
Operating model
- Revenue model
- Grant-funded. 69% of the money available for current operations came from government grants.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 84
- Accountability: 69
- Sustainability: 43
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 88.9%; rating input score 89; 3rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 95%; rating input score 95; 38th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 2 of 8 controls in place; rating input score 25
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 23.5%; rating input score 84; 84th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 0; 0th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 10.5%; rating input score 33; 33rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 3.7% per year; rating input score 100; 46th percentile among comparable filings
- Asset growth: -4% per year; rating input score 0; 14th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 19 of 19 board members independent · 2 of 8 filing controls reported
- Programs: 3 filed program accomplishments
- Leadership: top reported pay $80K · 20 people listed
- Consistency: 9 of 10 current checks pass · 1 finding to review
- Schedules: 4 filed schedules · includes grants
- Filing history: 9 filing years from 2010 to 2018
- Contacts: How to reach this organization
- Money network: 6 filed money-flow records
- Related organizations: 5 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Accountability: Governance controls: 5 of 7 not reported.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 0/100.
- Moderate — Sustainability: Officer compensation ratio scored 33/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.