Valley Prosperity Partnership

Nonprofit profile at a glance

EIN
461988505
IRS 990-EZ coverage
2019–2025
Forms available
Form 990 2018, Form 990-EZ 2025
Location
Grand Forks, ND, USA
Phone
7013641909
Rating
42
Verdict
MIXED
Rating confidence
Moderate
Sector
Community, Neighborhood Development

Official website

Reported finances

Revenue
$25,000
Expenses
$23,511
Assets
$3,891
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • DELORE ZIMMERMAN (EXECUTIVE DIRECTOR)

People named in this filing

  • CHRIS WOLF (CO-CHAIR)
  • KEITH LUND (DIRECTOR)
  • MIKE MCLEAN (CO-CHAIR)

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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To identify and promote the strategic economic opportunities of the red river valley region in both nd and mn and to strengthen the economic outlook of the region.

What it reported doing in 2025

The valley prosperity partnership advocated for state policy during the 2025 North Dakota legislative session to support the following priorities.the red river water supply project will provide a supplemental water option to central North Dakota and the red river valley to mitigate against drought conditions that would cause costly water shortages. The vpp continues to advocate for acceleration of the project to reduce costs and put the project into operation as soon as possible. The project is slated for completion in 2031at a cost of $1.2 billion of which $953 million is state funding and the remainder is committed by localities. The eastern North Dakota alternate water supply, which makes use of the mcclusky canal as an alternate water source will save millions of dollars in construction costs, as well as operations and maintenance costs. Ongoing funding was secured in the 2025 legislative session. Bakken east pipeline project proposed by wbi energy is a forward-looking infrastructure investment that will not only enhance energy reliability across North Dakota but also position our state as a competitive destination for future opportunities in manufacturing, ag processing, and high-tech industries such as data centers. By ensuring a stable supply of natural gas, this project will: enable the development of energy-intensive industries. Support sustainability goals through cleaner-burning fuel and lower emissions. Attract long-term investment and high-paying jobs to our communities. Diversify our state's economy beyond traditional energy sectors. In addition to its economic benefits, the pipeline will help reduce flaring in the bakken, improving environmental outcomes and preserving valuable resources that would otherwise be wasted. The legislature approved an up to $50 million annual purchase gap for up to 10 years to support the project's operation in 2025. The project is expected to be completed by the pipeline reaching cass county in 2030. The availability, affordability, and quality of childcare services is a formidable barrier to workforce participation in all sectors of the economy. The vpp supported funding to increase eligibility for childcare assistance payments (ccap), for enhanced assistance for infant and toddlers, for an employer-led cost-share program, for a non-traditional hours-of-care pilot program, and grants for provider shared services and start-ups, and for streamlining background checks. The red river valley continues to face critical workforce challenges. The vpp's focus in 2025 was to advocate for an increase of funding for operation intern and the regional workforce impact program to empower locally led solutions to one of the state's greatest challenges. Workforce needs vary by region throughout North Dakota, so a one size fits all approach is unrealistic and would not adequately address challenges in all parts of the state. By creating a regional funding mechanism to support workforce initiatives, local and regional partners can articulate their needs and the ability to access funding to address them. Internships are a proven way to connect companies with young people whose interests and capabilities match, thereby filling jobs in the state. Each of these programs received an appropriation in the 2025 legislative session. The vpp supported efforts to provide funding for the grand forks children's museum and the fargo-moorhead science museum. The grand forks museum is intended as a hands-on science center that will feature interactive exhibits and programs focused on steam (science, technology, engineering, arts, and mathematics), highlighting regional industries and resources. In fargo, the fargo-moorhead science museum is intended to be a regional destination for stem learning with interactive exhibits. Funding for both museums was secured in the 2025 legislative session.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 100
  • Sustainability: 39
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 6%; rating input score 55; 55th percentile among comparable filings
  • Total-asset coverage ratio: 0.17; rating input score 16; 16th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 12.8%; rating input score 9; 9th percentile among comparable filings

Growth

  • Program expense growth: -70.8% per year; rating input score 0; 6th percentile among comparable filings
  • Revenue growth: -1.5% per year; rating input score 0; 44th percentile among comparable filings
  • Asset growth: -16.7% per year; rating input score 0; 12th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 6 filing years from 2019 to 2025
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • 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.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 16/100.
  • Review — Sustainability: Operating margin scored 55/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 9/100.