Team Makers Club Inc

Organization Overview

Team Makers Club Inc is located in Fargo, ND. The organization was established in 1951. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. As of 12/2021, Team Makers Club Inc employed 55 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Team Makers Club Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Team Makers Club Inc generated $16.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.0% each year . All expenses for the organization totaled $10.9m during the year ending 12/2021. While expenses have increased by 10.6% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE FINANCIAL SUPPORT, PROMOTION AND SPIRIT FOR OUR STUDENT ATHLETES AND THE NDSU ATHLETIC DEPARTMENT IN ORDER TO ACHIEVE EXCELLENCE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TEAM MAKERS RAISES MONEY FOR THE ATHLETIC DEPARTMENT OF NORTH DAKOTA STATE UNIVERSITY TO SUPPORT ITS ATHLETIC PROGRAMS AND ATHLETES. SCHOLARSHIPS ARE AWARDED TO INDIVIDUALS WHO PARTICIPATE IN ATHLETICS AT NDSU TO HELP COVER COSTS OF AN EDUCATION. THE AMOUNT CONTRIBUTED TO THE SCHOLARSHIP FUND IN 2021 WAS $4,090,000.DUE TO COVID 19, SEVERAL ATHLETIC SCHEDULES AND EVENTS HAD TO BE POSTPONED TO THE FOLLOWING REPORTING YEAR AFFECTING THE PROGRAM REVENUE OF THE ORGANIZATION.A LARGE MAJORITY OF TEAM MAKERS CLUB MEMBERSHIP DUES ARE BASED ON ATHLETIC DEPARTMENT TICKET SALES. DUE TO COVID 19 SCHEDULES AND EVENTS HAD TO BE POSTPONED TO OUTSIDE OF THE REPORTING YEAR OF DECEMBER 31, 2020. MEMBERS HAD THE ABILITY TO DEFER THEIR PAYMENTS TO THE NEXT SEASON (2021) RESULTING IN A SIGNIFICANT REDUCTION IN THE REPORTED MEMBERSHIP DUES REVENUE IN 2020.


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Board, Officers & Key Employees

Name (title)Compensation
Stefanie Kelly
Director Of Athletic Devel
$104,500
Craig Sandstrom
President
$0
Keith Rindy
Secretary/treasurer
$0
Eric Dodds
1st Vice President
$0
Jim Hambrick
Investment Chairman
$0
Ken Zetocha
Gaming Chairman
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$8,819,932
Fundraising events$82,894
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$4,329,849
Noncash contributions included in lines 1a–1f $23,700
Total Revenue from Contributions, Gifts, Grants & Similar$13,232,675
Total Program Service Revenue$796,964
Investment income $413,344
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $613,529
Net Income from Fundraising Events -$2,555
Net Income from Gaming Activities $1,406,480
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $16,460,437

Grants Awarded

Over the last fiscal year, Team Makers Club Inc has awarded $6,078,919 in support to 2 organizations.

Grant RecipientAmount

NORTH DAKOTA STATE UNIVERSITY

PURPOSE: Educational

$5,610,076

NORTH DAKOTA STATE UNIVERSITY DEVELOPMENT FOUNDATION

Org PageRecipient Profile

Fargo, ND

PURPOSE: Educational

$468,843
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Team Makers Club Inc has recieved totaling $15,428.

Awarding OrganizationAmount
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$15,428
View Grant Recipient Profile

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