Nonprofit · EIN 81-3097290
DOWNTOWN MOORHEAD INC
Tax-exempt · MOORHEAD, MN 56560
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $273,023 | $214,333 | $58,690 | $269,583 | $0 | $269,583 |
| December 31, 2024 | 990 | $219,938 | $209,877 | $10,061 | $210,893 | $0 | $210,893 |
| December 31, 2023 | 990 | $227,400 | $188,308 | $39,092 | $200,832 | $0 | $200,832 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $96,500
- of which government grants
- $50,000
- Program service revenue
- $176,523
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $173,797
- Salaries, compensation and benefits (total)
- $188,392
- Professional fundraising fees
- $0
- Accounting fees
- $9,827
- Occupancy
- $6,050
- Travel
- $4,502
Balance sheet and other
- Total assets, start of year
- $210,893
- Total assets, end of year
- $269,583
- Total liabilities, end of year
- $0
- Net assets, end of year
- $269,583
- Net assets without donor restrictions
- $269,583
- Gross receipts
- $273,023
- Employees
- 1
- Volunteers
- 0
- Year formed
- 2019
- State of legal domicile
- MN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DERRICK LAPOINT THROUGH 1225 | PRESIDENT/CEO Officer | 40 | $162,827 | $9,000 |
| BRANDON LUNAK | DIRECTOR Trustee or director | 3 | $0 | $0 |
| CARRIE BRIMHALL | CHAIR Trustee or director, Officer | 3 | $0 | $0 |
| COLIN IRVINE | DIRECTOR Trustee or director | 3 | $0 | $0 |
| JOE WATZKE | TREASURER Trustee or director, Officer | 3 | $0 | $0 |
| JON RIEWER | VICE CHAIR/SECRETARY Trustee or director, Officer | 3 | $0 | $0 |
| MIKE ERICKSON | DIRECTOR Trustee or director | 3 | $0 | $0 |
| TED HORAN | PAST CHAIR Trustee or director, Officer | 3 | $0 | $0 |
| TIM DOWNS | DIRECTOR Trustee or director | 3 | $0 | $0 |
| RYAN WALL | DIRECTOR Trustee or director | 3 | $0 | $0 |
| STACIA SYTSMA | DIRECTOR Trustee or director | 3 | $0 | $0 |
| RICHARD THURS | DIRECTOR Trustee or director | 3 | $0 | $0 |
| CALVIN TEUBNER | DIRECTOR Trustee or director | 3 | $0 | $0 |
990 for the year ended December 31, 2024: 14 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DERRICK LAPOINT | PRESIDENT/CEO Officer | 40 | $161,000 | $9,346 |
| BRANDON LUNAK | DIRECTOR Trustee or director | 3 | $0 | $0 |
| CARRIE BRIMHALL | CHAIR Trustee or director, Officer | 3 | $0 | $0 |
| COLIN IRVINE | DIRECTOR Trustee or director | 3 | $0 | $0 |
| JOE WATZKE | TREASURER Trustee or director, Officer | 3 | $0 | $0 |
| JON RIEWER | VICE CHAIR/SECRETARY Trustee or director, Officer | 3 | $0 | $0 |
| LISA BORGEN | DIRECTOR Trustee or director | 3 | $0 | $0 |
| MATT LEISETH | EXECUTIVE COMMITTEE MEMBER Trustee or director | 3 | $0 | $0 |
| MIKE ERICKSON | DIRECTOR Trustee or director | 3 | $0 | $0 |
| SHERI LARSON | DIRECTOR Trustee or director | 3 | $0 | $0 |
| STEVE D SCHEEL | DIRECTOR Trustee or director | 3 | $0 | $0 |
| STEVE JESME | DIRECTOR Trustee or director | 3 | $0 | $0 |
| TED HORAN | PAST CHAIR Trustee or director, Officer | 3 | $0 | $0 |
| TIM DOWNS | DIRECTOR Trustee or director | 3 | $0 | $0 |
990 for the year ended December 31, 2023: 15 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DERRICK LAPOINT | PRESIDENT/CEO Officer | 40 | $154,000 | $9,000 |
| LISA BORGEN | DIRECTOR Trustee or director | 3 | $0 | $0 |
| JOE WATZKE | TREASURER Trustee or director, Officer | 3 | $0 | $0 |
| CARRIE BRIMHALL | VICE CHAIR / SECRETARY Trustee or director, Officer | 3 | $0 | $0 |
| SHERI LARSON | DIRECTOR Trustee or director | 3 | $0 | $0 |
| TED HORAN | BOARD CHAIR Trustee or director, Officer | 3 | $0 | $0 |
| MARCIA PULCZINSKI | DIRECTOR Trustee or director | 3 | $0 | $0 |
| BRANDON LUNAK | DIRECTOR Trustee or director | 3 | $0 | $0 |
| JON RIEWER | EXECUTIVE COMMITTEE MEMBER Trustee or director | 3 | $0 | $0 |
| STEVE D SCHEEL | DIRECTOR Trustee or director | 3 | $0 | $0 |
| MATT LEISETH | DIRECTOR Trustee or director | 3 | $0 | $0 |
| MIKE ERICKSON | DIRECTOR Trustee or director | 3 | $0 | $0 |
| STEVE JESME | DIRECTOR Trustee or director | 3 | $0 | $0 |
| TIM DOWNS | DIRECTOR Trustee or director | 3 | $0 | $0 |
| COLIN IRVINE | DIRECTOR Trustee or director | 3 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 200 5TH ST S STE 203, MOORHEAD, MN 56560-2768
- In care of
- % DERRICK LAPOINT
- Principal officer (990 for 2025)
- MATT LEISETH, 200 5TH STREET S STE 203, MOORHEAD, MN 56560
- Signed the 990
- MATT LEISETH, PRESIDENT/CEO
- Phone
- (218) 443-1361
- Website
- WWW.DTMOORHEAD.ORG
- Return prepared by
- BRADY MARTZ PLLC
Mission
DOWNTOWN MOORHEAD INCORPORATED IS A PRIVATE, NON-PROFIT ORGANIZATION DEDICATED TO THE BENEFICIAL ECONOMIC GROWTH AND BUSINESS DEVELOPMENT OF DOWNTOWN MOORHEAD. WE ACCOMPLISH THIS THROUGH POLICY DEVELOPMENT, ADVOCACY, AND PROGRAM MANAGEMENT FUNCTIONS CONDUCTED ON BEHALF OF DOWNTOWN STAKEHOLDERS/INVESTORS, AND IN COOPERATION WITH PUBLIC AND OTHER PRIVATE-SECTOR PARTNERS.
Program accomplishments
- CENTER AVENUE WAS RECONSTRUCTED INTO A MULTIMODAL, THREE-LANE STREET. NEW DOWNTOWN STREETS: SIXTH STREET IS NOW OPEN; MINNESOTA AVENUE AND RED RIVER AVENUE ARE UNDER CONSTRUCTION. 11TH STREET UNDERPASS PROJECT ($171M): ELIMINATES TRAIN DELAYS, IMPROVES EMERGENCY RESPONSE TIMES, ADDS 1.8 MILES OF PEDESTRIAN AND BIKE PATHS. FEATURES PUBLIC ART AND LANDSCAPING. SCHEDULED TO OPEN FALL 2026. NEW PUBLIC LIBRARY AND COMMUNITY CENTER. INDOOR CHILDREN'S PLAY AREA, WALKING TRACK, AND CENTER FOR ENTREPRENEURSHIP. FUNDED BY 2022 SALES TAX INITIATIVE (64% VOTER APPROVAL). OPENING SLATED FOR SPRING 2026. FOR THE CITY HALL RENOVATION, IMPROVED SERVICE AREAS AND ADA-COMPLIANT DESIGN, AND NEW PUBLIC PLAZA.ROTARY NATURAL PLAY HILL AND BIKE PARK OPENED JUNE 2025. DAVY MEMORIAL PARK AND VIKING SHIP PARK OFFER TRAILS, PLAYGROUNDS AND DISCOVERY TRAIL ACCESS.HIGHLIGHTS INCLUDE "SUNSET ON THE RIVERFRONT, FARMERS MARKETS, RIVER ARTS, AND CELTIC FEST".650 CENTER: NEW MIXED-USE DEVELOPMENT FEATURING DOWNTOWN CHIROPRACTIC AND NEW APARTMENTSMALL TRANSITION: LOCAL BUSINESS RELOCATIONS AND FOUR RETIREMENTS-MOORHEAD VISION (CELEBRATING 100 YEARS!) AND MOORHEAD DRUG NOW OPEN AT 8TH & CENTER. NEARLY 18 ACRES ARE PRIMED FOR DEVELOPMENT OVER THE NEXT 5-10 YEARSCULTURAL MALL: LED BY THE IMMIGRANT DEVELOPMENT CENTER AND WILL SUPPORT IMMIGRANT ENTREPRENEURS AND CULTURAL EVENTS, ENRICHING DOWNTOWN'S DIVERSITY. MOORHEAD'S GROWING INFLUENCE: THE ANNOUNCEMENT OF A $5 BILLION SUSTAINABLE AVIATION FUEL (SAF) PLANT BY DG FUELS IN MOORHEAD MARKS A TRANSFORMATIVE MILESTONE FOR THE CITY AND STATE. THIS FACILITY WILL: PRODUCE 193 MILLION GALLONS OF LOW-CARBON FUEL ANNUALLY-NEARLY HALF THE DEMAND OF THE MSP INTERNATIONAL AIRPORT. USE AGRICULTURAL AND WOOD WASTE AS FEEDSTOCK, AND GENERATE 650 HIGH QUALITY JOBS AND SIGNIFICANT STATEWIDE ECONOMIC IMPACT. THIS WILL BE MINNESOTA'S LARGEST COMMERCIAL SCALE SAF PROJECT, IT POSITIONS MOORHEAD AS A LEADER IN SUSTAINABLE INDUSTRY AND CLEAN ENERGY INNOVATION, ADVANCING THE MINNESOTA SAF HUB'S MISSION TO DEVELOP A ROBUST STATEWIDE SAF INDUSTRY THROUGH CLEAN ENERGY, STRATEGIC PARTNERSHIPS AND INNOVATION. LOOKING AHEAD: WITH NEARLY 18 ACRES AND $500 MILLION IN INVESTMENT, DOWNTOWN MOORHEAD IS ON TRACK TO BECOME AN EVEN MORE WALKABLE, LIVABLE CITY CENTER - A PLACE WHERE RESIDENTS AND VISITORS ALIKE CAN LIVE, WORK, PLAY, AND LEARN IN A VIBRANT, CONNECTED COMMUNITY.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 81-3097290
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2019
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S41)
- Assets (IRS master file)
- $269,583
- Income (IRS master file)
- $273,023
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $273,023 | $214,333 | $269,583 | XML |
| 990 | December 2024 | $219,938 | $209,877 | $210,893 | XML |
| 990 | December 2023 | $227,400 | $188,308 | $200,832 | XML |
| 990 | December 2022 | $228,500 | $195,869 | $172,882 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 81-3097290).
Questions about DOWNTOWN MOORHEAD INC
- What is the EIN of DOWNTOWN MOORHEAD INC?
- The employer identification number (EIN) of DOWNTOWN MOORHEAD INC is 81-3097290.
- Is DOWNTOWN MOORHEAD INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2019.
- Are donations to DOWNTOWN MOORHEAD INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does DOWNTOWN MOORHEAD INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of DOWNTOWN MOORHEAD INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did DOWNTOWN MOORHEAD INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of DOWNTOWN MOORHEAD INC?
- The 990 for the year ended December 31, 2025 names MATT LEISETH.
- Who are the officers and directors of DOWNTOWN MOORHEAD INC?
- The 990 for the year ended December 31, 2025 lists 13 people; 1 received compensation from the organization, the highest $162,827 (DERRICK LAPOINT THROUGH 1225, PRESIDENT/CEO).
- How much revenue does DOWNTOWN MOORHEAD INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $273,023, expenses of $214,333 and total assets of $269,583 at year end.
Other nonprofits in MOORHEAD
- SOUTH SUDANESE FOUNDATION EIN 83-4476088 · last filed 990 for 2023
- IMMIGRANT DEVELOPMENT CENTER EIN 20-3368647 · last filed 990 for 2025
- MOORHEAD BUSINESS ASSOCIATION EIN 27-4254782 · last filed 990 for 2025
- SPREAD YOUR SUNSHINE EIN 99-0657101 · last filed 990-EZ for 2025
- CLAY COUNTY BAR ASSOCIATION EIN 33-2481938 · last filed 990-N for 2025
- CONCORDIA COLLEGE CORPORATION EIN 41-0693977 · last filed 990 for 2025
- EVENTIDE EIN 41-0721640 · last filed 990 for 2025
- SOLUTIONS BEHAVIORAL HEALTH CARE PROFESSIONALS PC EIN 41-1949975 · last filed 990 for 2025
All nonprofits in MOORHEAD · Minnesota · Community improvement and capacity building