Grand Forks Ymca Foundation Trust First National Bank In Gf
- Assets
- $421.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Grand Forks, ND
- Founding
- 06/1975
- Data as of
- 12/2021
- EIN
- 45-6031122
Organization Overview
Grand Forks Ymca Foundation Trust First National Bank In Gf is located in Grand Forks, ND. The organization was established in 1975. According to its NTEE Classification (P27) the organization is classified as: Young Mens or Womens Associations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grand Forks YMCA Foundation Trust First National Bank In Gf 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, Grand Forks YMCA Foundation Trust First National Bank In Gf generated $34.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $22.4k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
TRUST IS TO BE OPERATED EXCLUSIVELY FOR THE GRAND FORKS YMCA TO CREATE AND MAINTAIN A PERMANENT FUND FOR THE BENEFIT OF THE YMCA TO STABILIZE AND TO PROVIDE FOR EXTENSION OF SERVICES OF THE YMCA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alerus Financial Trustee | 1 | $0 | |
Elbert Dennis Trustee | 0 | $0 | |
Haagenson Amy Trustee | 0 | $0 | |
Kraft Brian Chairman Of Trustees | 0 | $0 | |
Hansen Jim Trustee | 0 | $0 | |
Arnason Joel Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $10,126 |
| Gain or Loss | $2,354 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $22,275 |
| Total Revenue | $34,755 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $5,068 |
| Professional fees and other payments to independent contractors | $9 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $22,387 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $421,503 |
| Other assets | $0 |
| Total assets | $421,503 |
| Total liabilities | $0 |
| Net assets or fund balances | $421,503 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Missouri Valley Family Young Mens Christian Association Bismarck, ND | $23,505,758 | $13,023,690 |
Rapid City Y M C A Rapid City, SD | $18,136,251 | $10,285,613 |
Duluth Area Family Y M C A Duluth, MN | $21,867,355 | $9,544,208 |
Embe Sioux Falls, SD | $8,195,427 | $7,368,188 |
Young Womens Christian Association Saint Paul, MN | $10,748,535 | $8,424,210 |
Minnesota Jewish Community Center Minneapolis, MN | $3,372,460 | $5,013,006 |
Billings Family Ymca Inc Billings, MT | $11,486,053 | $5,997,942 |
Greater Missoula Family Young Mens Christian Association Missoula, MT | $11,370,626 | $8,186,405 |
St Cloud Area Family Ymca St Cloud, MN | $32,979,172 | $5,570,738 |
Aberdeen Family Ymca Aberdeen, SD | $16,456,117 | $4,540,788 |
Minot Young Mens Christian Association Minot, ND | $11,730,440 | $3,444,567 |
Young Mens Christian Association Mankato, MN | $9,102,324 | $3,177,101 |