Fargo Comex is located in Fargo, ND. The organization was established in 1989. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fargo Comex is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Fargo Comex generated $81.9k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $67.4k during the year ending 12/2023. While expenses have increased by 6.9% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROVIDE EDUCATION AND EXCHANGE OF INFORMATION CONCERNING REAL ESTATE AND SPECIFICALLY COMMERCIAL INVESTMENT REAL ESTATE INDUSTRY.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Justin O Gustofson Director | 0.25 | $0 | |
Megan Walock Director | 0 | $0 | |
Risa M Holman President | 0 | $0 | |
Jeremy Horst Vice President | 0 | $0 | |
Nate G Vollmuth Secretary/treasurer | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $80,396 |
| Investment income | $594 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $870 |
| Total Revenue | $81,860 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $495 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $66,890 |
| Total expenses | $67,385 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $111,199 |
| Other assets | $0 |
| Total assets | $161,863 |
| Total liabilities | $0 |
| Net assets or fund balances | $161,863 |