Economic Development Association of North Dakota Inc

Nonprofit profile at a glance

EIN
450354065
IRS 990-EZ coverage
2014–2024
Forms available
Form 990-EZ 2024, Form 990-N 2013
Location
Bismarck, ND, USA
Phone
7013554458
Rating confidence
Limited

Official website

Reported finances

Revenue
$142,264
Expenses
$123,627
Assets
$170,317

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • TERAN DOERR (PRESIDENT)

People named in this filing

  • TERAN DOERR (PRESIDENT)
  • MELISSA BEACH (VICE PRESIDE)
  • NATHAN SCHNEIDER (SECRETARY/TR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Promote the creation of new wealth throughout the state of North Dakota by pursuing all avenues of growth through the development of programs that will provide targeted business support and quality of life amenities. We will also provide for professional development of our practitioners and collaberation and cooperation among development organizations.

What it reported doing in 2024

Ednd has approximately 100 member organizations and 200 economic development professionals involved in the organization. The association holds two membership conferences per year each with approximately 100 participants, during which training and informaiton related to economic development issues are presented. The association also sends e-mail updates to its members on association activities, meetings, and training events available in the state and resources that can be accessed by developers.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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: 82
  • Sustainability: 58
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 13.1%; rating input score 64; 64th percentile among comparable filings
  • Total-asset coverage ratio: 1.38; rating input score 70; 70th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 3% per year; rating input score 100; 37th percentile among comparable filings
  • Asset growth: 3.7% per year; rating input score 100; 40th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 5 of 5 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 10 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • 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.