2024-07-25T16:35:00-05:00 2023-12-31 450250958 Eide Bailly LLP 4585 Coleman St Ste 200 Bismarck ND 58503 990EZ 2023-01-01 831098730 North Dakota Rural Electric Cooperatives Foundation NORT 8002340518 3201 Nygren Drive NW PO Box 727 Mandan ND 585540727 Robert Grant President 8002340518 2024-07-23 1 Robert Grant 999009999 1 Lisa Chaffee CPA P00193453 7012551091 2024-07-22 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z X N/A X X 125220 X 123410 1810 525 1285 124695 12687 96543 109230 15465 6888 0 22353 X 32982 49349 32982 49349 26094 26996 6888 22353 X North Dakota Rural Electric Cooperatives Foundation's exempt purpose is to advance the quality of life for people living in rural and frontier areas of North Dakota by providing education, research, and other tools to unincorporated associations, cooperatives, and nonprofit organizations which enable these organizations to provide essential services to rural people, especially the elderly, the poor, and the distressed, as well as Native Americans and other minority populations. ND REC Foundation's primary purpose is to provide training and technical assistance to sustain quality of life for rural people and businesses at no charge to the individuals or businesses. The Foundation works to receive grants most recently focusing on the line worker training facility as well as food access in rural communities.One of the main goals of the Foundation since its inception is to collect contributions to be used to build a new line worker training facility that will be used jointly by NDAREC and BSC. Primarily the building will be leased by BSC to provide education to students interested in becoming line workers. Education and training courses will also be held by NDAREC in the facility for current line workers to teach new skills, providing safety training, and other relevant education and training needs.During 2023 ND REC Foundation received a 5-year grant for the purpose of paying for employees' time to provide direct technical assistance to small-and-mid-sized food and farm businesses by partnering with other organizations in the region to develop a statewide action plan that will be aggregated with other regional state plans to find common goals and objectives to help with local and statewide objectives.ND REC Foundation also continues to provide technical assistance to the Rural Access Distribution Cooperative in Northeast North Dakota as they continue to work through the operating of their cooperative focused around lowering transportation costs and increasing purchases to receive more favorable pricing for rural grocers within the cooperative and also providing access to grocery items in rural communities without a grocery store.In 2023, ND REC Foundation was awarded two other grants:1. A Local Foods Promotion Program 3-year grant from USDA Rural Development to assist with providing technical assistance around food warehousing in a region within North Dakota and how this might help to reduce costs, increase local producers marketing reach, and provide rural communities more access to fresh, local foods.2. A grant from a private entity to assist with the warehousing feasibility study. 0 96543 96543 Robert Bob Grant President 1.00 0 0 0 Mark Doyle Vice President 1.00 0 0 0 Connie Bitz Secretary 1.00 0 0 0 Jerry King Treasurer 1.00 0 0 0 Darcy Klain Director 1.00 0 0 0 Randy Simon Director 1.00 0 0 0 Jennifer Wade Director 1.00 0 0 0 Maxine Rognlien Director 1.00 0 0 0 Joel Brandvold Director 1.00 0 0 0 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 MN Brenna Ohman 3201 Nygren Drive NW PO Box 727 Mandan ND 585540727 7016676419 0 0 0 0 0 0 0 0 0 0 NONE NONE 1 X 110000 167550 180350 123410 581310 110000 167550 180350 123410 581310 323320 257990 1285 1285 582595 0.44280 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Form 990-EZ, Part I, Line 16 - Other Expenses Description: Linework Trainig Center Expenses. Amount: 45,000. Description: Office Expenses. Amount: 122. Description: Regional Food Business Center Expenses. Amount: 28,656. Description: Local Foods Promotion Program. Amount: 1,589. Description: Program service contracted services. Amount: 21,176. Total to Form 990-EZ, line 16: 96,543. Form 990-EZ, Part II, Line 26 - Other Liabilities Description: Accounts Payable. Beg. of Year Amount: 1,094. End of Year Amount: 16,196. Description: Deferred Revenue. Beg. of Year Amount: 25,000. End of Year Amount: 10,800. The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract.