Valley Prosperity Partnership is located in Fargo, ND. The organization was established in 2015. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, 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. Valley Prosperity Partnership is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
IN 2020, THE VPP HELPED TO PROMOTE EFFORTS TO ASSIST THE TWO RESEARCH UNIVERSITIES, NORTH DAKOTA STATE UNIVERSITY AND UNIVERSITY OF NORTH DAKOTA, TO ACCESS STATE RESEARCH FUNDING. BY INCREASING STATE FUNDING FOR RESEARCH AND DEVELOPMENT THE TWO UNIVERSITIES COULD BE NIMBLER AND MORE VIABLE IN COMPETING FOR LARGE FEDERAL GRANTS, AS WELL AS PURSUING RESEARCH AREAS CONNECTED TO THE NEEDS OF THE STATE WITH SIGNIFICANT POTENTIAL RETURNS ON INVESTMENT BY DIVERSIFYING NORTH DAKOTA'S ECONOMY. THE VPP ALSO WORKED WITH REGIONAL AND MUNICIPAL LEADERS TO ADVOCATE FOR AND PROVIDE INFORMATION RELATED TO TWO VERY IMPORTANT WATER MANAGEMENT AND SECURITY ISSUES: THE RED RIVER WATER SUPPLY PROJECT, AN EMERGENCY WATER SUPPLY INFRASTRUCTURE PROJECT THAT WOULD IMPACT 50% OF NORTH DAKOTA'S POPULATION, AND THE FM DIVERSION, A FLOOD CONTROL PROJECT FOR THE FARGO-MOORHEAD METROPOLITAN AREA. THE VPP ALSO WORKED ON ISSUES RELATED TO WORKFORCE DEVELOPMENT, INCLUDING WORKFORCE CAREER ACADEMIES THAT PREPARE YOUNG PEOPLE FOR CAREER PATHS IN THE STATE'S LEADING, GROWING INDUSTRIES. FINALLY, THE VPP ADVOCATED FOR AND SUPPORTED EFFORTS BY THE NORTH DAKOTA STATE INSURANCE COMMISSIONER TO DEPLOY A SMALL PERCENTAGE OF STATE INVESTMENT BOARD FUNDS TO MAKE EQUITY INVESTMENTS IN EMERGING TECHNOLOGY COMPANIES BASED IN NORTH DAKOTA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Delore Zimmermann Executive Director | 1 | $58,500 | |
Keith Lund Secretary/treasurer | 1 | $0 | |
Jonathan Holth Director | 1 | $0 | |
Judd Graham Director | 1 | $0 | |
Joseph Raso Director | 1 | $0 | |
Marshal Albright President | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $80,000 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $80,000 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $58,500 |
Professional fees and other payments to independent contractors | $56,183 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $9,081 |
Total expenses | $123,764 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $111,380 |
Other assets | $0 |
Total assets | $111,380 |
Total liabilities | $0 |
Net assets or fund balances | $111,380 |
Over the last fiscal year, we have identified 2 grants that Valley Prosperity Partnership has recieved totaling $10,000.
Awarding Organization | Amount |
---|---|
Cass County Electric Cooperative Inc Fargo, ND PURPOSE: Economic Development | $5,000 |
Cass County Electric Cooperative Inc Fargo, ND PURPOSE: Economic Development | $5,000 |
Organization Name | Assets | Revenue |
---|---|---|
Spire Credit Union Falcon Heights, MN | $1,948,614,361 | $81,305,193 |
Serveminnesota Minneapolis, MN | $9,195,680 | $42,573,491 |
Arrowhead Economic Opportunity Agency Incorporated Virginia, MN | $33,957,216 | $39,136,123 |
Minnesota Valley Action Council Inc Mankato, MN | $12,018,161 | $29,353,976 |
Tri-Valley Opportunity Council Inc Crookston, MN | $15,068,505 | $26,983,244 |
United Community Action Partnership Inc Marshall, MN | $18,347,423 | $25,415,099 |
Mahube-Otwa Community Action Partnership Inc Detroit Lakes, MN | $6,691,451 | $20,228,935 |
Three Rivers Community Action Inc Zumbrota, MN | $34,597,275 | $14,786,149 |
West Central Minnesota Communities Action Inc Elbow Lake, MN | $6,410,822 | $11,174,117 |
Montana Community Development Corporation Missoula, MT | $128,107,962 | $17,427,104 |
Beacon Interfaith Housing Collaborative Saint Paul, MN | $38,850,974 | $10,667,246 |
Lakes And Pines Community Action Council Inc Mora, MN | $3,434,723 | $9,795,071 |