Overview
What is North Dakota Stockmen's Foundation?
The North Dakota Stockmen's Foundation, situated in Bismarck, North Dakota, is a nonprofit organization dedicated to enhancing the beef cattle industry. Their primary focus lies in educational, promotional, and research activities, aiming to foster improvement in this sector. The foundation showcased its commitment to the community by providing financial aid for disaster relief to North Dakota producers from the Hope After Haley Disaster Relief Fund. This support underscores their mission of extending a helping hand in times of need.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86%, Three-Star out of Four Star rating.
The North Dakota Stockmen's Foundation received a commendable score of 86%, reflecting strong accountability and financial management practices. This rating is solely derived from their Accountability & Finance score, signifying a robust commitment to transparency and responsible stewardship of funds. Their financial statements are reviewed or compiled, and they have no material diversions of assets, indicating sound fiscal practices.
A notable strength of the foundation is their governance structure, with 90% of board members being independent, which enhances their capacity to make unbiased decisions. The organization also has a solid program expense ratio of 86.21%, demonstrating a focus on fulfilling its mission effectively. Furthermore, they have implemented a conflict of interest policy and maintain documentation of board meeting minutes, which are best practices for nonprofit governance.
While the foundation performs well in accountability and finance, the overall rating is limited to this single beacon score. Future evaluations may benefit from a broader assessment that includes additional operational metrics and program impact to provide a more comprehensive view of their effectiveness in serving the community.
This AI summary has been generated from information found on Charity Navigator.
Is North Dakota Stockmen's Foundation legitimate?
North Dakota Stockmen's Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. North Dakota Stockmen's Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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What is the mission statement of North Dakota Stockmen's Foundation?
The North Dakota Stockmen's Foundation is committed to enhancing the beef cattle industry through educational, promotional, and research activities. Their mission is centered around improving this sector, working towards its advancement and growth. In times of need, the foundation has also shown its support by providing financial aid for disaster relief, as seen in their contribution to North Dakota producers from the Hope After Haley Disaster Relief Fund.
Who is the CEO of North Dakota Stockmen's Foundation?
Julie Ellingson is the President of North Dakota Stockmen's Foundation.
What is the revenue of North Dakota Stockmen's Foundation?
North Dakota Stockmen's Foundation's revenue in 2022 was $625,223.
Who are the executives of North Dakota Stockmen's Foundation and what are their salaries?
There 40 volunteers at North Dakota Stockmen's Foundation.
Here are 10 key members and their salaries:
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Where can I find the form 990 for North Dakota Stockmen's Foundation?
North Dakota Stockmen's Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of North Dakota Stockmen's Foundation
The North Dakota Stockmen's Foundation is actively engaged in promoting, educating, and conducting research to enhance the quality and sustainability of the beef cattle industry. Their mission is to contribute to the betterment of this sector by undertaking various educational, promotional, and research initiatives. This nonprofit organization is dedicated to fostering growth and improvement within the beef cattle industry, aiming to ensure its continued success and resilience. The North Dakota Stockmen's Foundation has demonstrated its commitment to this cause by providing financial aid for disaster relief to North Dakota farmers and ranchers from the Hope After Haley Disaster Relief Fund. This support underscores their mission to help the beef cattle industry weather challenges and thrive.
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Impact
July, 2024
The North Dakota Stockmen's Foundation has had a significant impact on the beef cattle industry through its educational, promotional, and research activities. One of its notable achievements includes providing financial support for disaster relief to North Dakota producers through the Hope After Haley Disaster Relief Fund. By supporting producers in times of crisis, the foundation contributes to the sustainability and resilience of the state's beef cattle industry. This proactive approach demonstrates the foundation's commitment to the well-being of North Dakota producers and underscores its dedication to advancing the beef cattle industry.
This information is meant to be a general summary of North Dakota Stockmen's Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,302
- Gross Receipts: $630,357
Assets and Liabilities:
- Total Assets: $965,697
- Total Liabilities: $84
- Net Assets: $965,613
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Organization Details
Founding Year
2008
Phone
(701) 223-2522Principal Officer
Julie Ellingson
Main Address
407 SOUTH 2ND STREET, BISMARCK, ND, 585045535
NTEE Category
Code: T31 - Philanthropy
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