2025-08-28T08:44:15-05:00 2024-12-31 450250958 Eide Bailly LLP 4585 Coleman St Ste 200 Bismarck ND 58503 990 2024-01-01 831098730 North Dakota Rural Electric Cooperatives Foundation NORT 8002340518 3201 Nygren Drive NW PO Box 727 Mandan ND 585540727 Robert Grant President 8002340518 2025-08-26 1 1 Lisa Chaffee CPA P00193453 7012551091 2025-08-25 2024 2025-03-06 01:10:19Z Robert Grant 3201 Nygren Drive NW PO Box 727 Mandan ND 585540727 235398 0 X https://ndarec.com/foundation X 2018 ND 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. 9 9 0 9 0 0 123410 234088 0 0 0 0 1285 760 124695 234848 0 0 0 0 0 0 0 0 0 109230 269047 109230 269047 15465 -34199 49349 18484 26996 30330 22353 -11846 X To empower communities to pursue opportunities, address challenges, and bring dreams to reality. 0 0 203724 North Dakota Rural Electric Cooperatives Foundation (ND REC Foundation) provides training and technical assistance to sustain quality of life for rural people and businesses at no charge to the individuals or businesses. The focus of the technical assistance recently is around food access in rural communities. ND REC Foundation is a sub awardee for a USDA Regional Food Business Center 5-year grant with Region Five Development Commission. Purpose of the grant is pay 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. (Continued on Schedule O)The work on this grant in 2024 consisted of assisting with the creation of a statewide action plan related to local foods and providing technical assistance to individuals and organizations that were looking to apply for Business Builder grants from Region Five Development Commission. ND REC Foundation was also awarded a Local Foods Promotion Program 3-year grant from USDA Agricultural Marketing Service to assist with providing technical assistance around local food aggregation and redistribution 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. The work on this grant in 2024 consisted of creating and conducting surveys of local foods producers, local grocery stores, and other entities that might utilize local foods to determine interest and needs around local foods aggregation and redistribution, analyzing survey results, forming subcommittees to work the various aspects of the goal. ND REC Foundation was also awarded a grant from ND Department of Commerce to support a lineworker and electrical summer camp for high school students from around the state to help increase interest and awareness around these trades. The work on this grant in 2024 consisted of creating the itinerary, coordinating housing, transportation and meals for the students, and providing the administration of the grant. 45000 Collecting contributions to be used to build a new lineworker 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 lineworkers. Education and training courses will also be held by NDAREC in the facility for current lineworkers to teach new skills, providing safety training, and other relevant education and training needs. 248724 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 6 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 1 0 0 0 0 0 1 0 0 0 0 1 1 1 1 1 0 0 0 MN X Brenna Ohman 7016676419 3201 Nygren Drive NW PO Box 727 Mandan ND 585540727 X Robert Grant President 0.80 X X 0 0 0 Mark Doyle Vice-President 1.00 X X 0 0 0 Connie Bitz Secretary 0.50 X X 0 0 0 Jerry King Treasurer 1.00 X X 0 0 0 Joel Brandvold Director 1.00 X 0 0 0 Maxine Rognlien Director 0.50 X 0 0 0 Jennifer Wade Director 0.50 X 0 0 0 Randy Simon Director 1.00 X 0 0 0 Darcy Klain Director 1.00 X 0 0 0 0 0 0 0 0 0 0 NDAREC PO Box 727 Mandan ND 58554 Administrative/Management Services 158068 1 500 129213 104375 500 234088 1310 550 760 760 234848 0 0 760 X 158069 140135 17934 2389 2389 38500 38500 375 375 153 153 530 530 Training Center Expense 45000 45000 Summer Camp Expense 24031 24031 269047 248724 20323 0 49349 18484 0 49349 18484 16196 19230 10800 11100 26996 30330 X 22353 -11846 22353 -11846 49349 18484 -34199 0 X 0 0 0 X 110000 167550 180350 123410 234088 815398 110000 167550 180350 123410 234088 815398 352614 462784 1285 760 2045 817443 0.56610 0.44280 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Form 990, Part VI, Section A, line 1a The Bylaws allow for an Executive Committee, but no Executive Committee has been created as of 12/31/2024. Form 990, Part VI, Section A, line 3 ND REC Foundation has no employees. All work is performed by staff from NDAREC under an administrative services agreement. Form 990, Part VI, Section A, line 8b There are no committees with authority to act on behalf of the governing body. Form 990, Part VI, Section B, line 11b The Finance Director will review and approve the Form 990. The Board of Directors will receive a copy of the return by email, with a comment period allowed before e-filing. Form 990, Part VI, Section B, line 12c Persons covered by the conflict of interest policy will annually disclose or update to the President of the Board of Directors on a form provided by ND REC Foundation their interests that could reasonably give rise to a conflict of interest, such as a list of family members, substantial business or investment holdings, and other transactions or affiliations with businesses and other organizations or those of family members. Form 990, Part VI, Section B, line 15 Organization does not compensate staff directly, but rather reimburses NDAREC for staff time worked on Foundation activities. Compensation is not determined by ND REC Foundation, but is determined by NDAREC. Form 990, Part VI, Section C, line 19 These documents are not made available to the public. Form 990, Part IX, line 11g Contracted Services: Program service expenses 38,500. Management and general expenses 0. Fundraising expenses 0. Total expenses 38,500.