Destination Marketing Association Of North Dakota is located in Fargo, ND. The organization was established in 2019. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, 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. Destination Marketing Association Of North Dakota 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, Destination Marketing Association Of North Dakota generated $70.1k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $71.0k during the year ending 12/2023. While expenses have increased by 2.8% per year over the past 5 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
A COOPERATIVE ASSOCIATION WHO SHARE A BROAD BASED COMMUNITY SUPPORT AND WHOSE PRIMARY OBJECTIVE IS THE PROMOTION OF THEIR STATE AND COMMUNITIES IN THE RESPECTIVE AREAS AS CONVENTION, VISITORS AND GROUP MEETING DESTINATIONS IN NORTH DAKOTA.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sheri Grossman Vice President | 1 | $0 | |
Charley Johnson Secretary/treasurer | 1 | $0 | |
Julie Obrigewitsch President | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $67,531 |
| Membership dues | $2,545 |
| Investment income | $65 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $70,141 |
| 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 | $760 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $70,203 |
| Total expenses | $70,963 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $34,623 |
| Other assets | $0 |
| Total assets | $34,623 |
| Total liabilities | $0 |
| Net assets or fund balances | $34,623 |