GRAND FORKS REGION ECONOMIC DEVELOPMENT CORPORATION

GRAND FORKS, ND, 58203-3722 (701) 746-2720 Est. 1988 EIN 45-0410198
501(c)(6)
www.grandforks.org

Financials

Total Revenue
Total Expenses
Net Assets
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
10.1 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 43.4%
Expenses ↑ 26.4%
Revenue Sources
Contributions 94.3% Investment 1.4% Other 4.0%

Officers & Key Employees (11)

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Filing History (5 filings)

YearRevenueExpensesNet Assets
2024 Form 990
Jan 1, 2024 to Dec 31, 2024
$1,539,015 $1,356,031$1,138,398
2023 Form 990
Jan 1, 2023 to Dec 31, 2023
$1,073,194 $1,073,146$955,414
2022 Form 990
Jan 1, 2022 to Dec 31, 2022
$1,009,895 $954,368$955,366
2020 Form 990
Jan 1, 2020 to Dec 31, 2020
$981,429 $860,329$1,149,707
2018 Form 990
Jan 1, 2018 to Dec 31, 2018
$977,626 $824,438$1,040,217

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EIN: 45-0410198 · Source: IRS Form 990 e-file data