North Dakota Veterans Home Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 363615756 ✦ Grand forks, ND ✦ Designated as a 501(c)(3)

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Overview

What is North Dakota Veterans Home Foundation Inc?

The North Dakota Veterans Home Foundation Inc, located at 419 N 7th St, Grand Forks, ND 58203, is a dedicated nonprofit organization. Its primary mission is to establish and manage a perpetual endowment for the North Dakota Veterans Home. This aim is to enhance the living standards of our valued veterans. While the provided information is limited, it suggests that the foundation plays a crucial role in uplifting the quality of life for North Dakota's veteran community.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating. This rating suggests that while the North Dakota Veterans Home Foundation Inc demonstrates some solid financial practices, there are areas that could benefit from improvement. The accountability and finance score of 73 indicates a moderate level of effectiveness in managing resources and transparency.

Strengths include a fully independent board with 100% of members meeting criteria for independence, which ensures that decisions are made without conflicts of interest. The organization has effectively documented board meeting minutes and maintains a strong program expense ratio of 88.71%, indicating that a significant portion of expenditures supports its mission-related activities. Additionally, the liabilities to assets ratio stands at 0.00%, suggesting a sound financial base without debt.

However, the overall rating of Two Stars signals that while the organization is functioning adequately, there may be issues related to overall impact and effectiveness that need to be addressed. Stakeholders may want to consider this rating when evaluating the foundation's capacity to fulfill its mission and the long-term sustainability of its programs.


This AI summary has been generated from information found on Charity Navigator.

Is North Dakota Veterans Home Foundation Inc legitimate?

North Dakota Veterans Home Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. North Dakota Veterans Home Foundation Inc 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of North Dakota Veterans Home Foundation Inc?

The North Dakota Veterans Home Foundation's mission is to establish and manage a permanent endowment. This endowment is aimed at enhancing the quality of life for veterans residing in the North Dakota Veterans Home. The foundation's primary goal is to provide financial support and resources to improve the living conditions and overall well-being of these veterans. By maintaining this endowment, the foundation aims to ensure long-term sustainability and continuous improvement for the veterans' home.

Who is the CEO of North Dakota Veterans Home Foundation Inc?

Roy Fillion is the President of North Dakota Veterans Home Foundation Inc.

What is the revenue of North Dakota Veterans Home Foundation Inc?

North Dakota Veterans Home Foundation Inc's revenue in 2022 was $81,470.

Who are the executives of North Dakota Veterans Home Foundation Inc and what are their salaries?

There 20 volunteers at North Dakota Veterans Home Foundation Inc.


Here are 15 key members and their salaries:


Russ Stabler (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Hapala (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roy Fillion (Tresurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenny Wiederholt (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Ahonen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Belling (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Fenstad (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Hummel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Mitchell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vigo Petersen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carroll Quam (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Verwey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Young (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis White (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Wondrasek (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for North Dakota Veterans Home Foundation Inc?

North Dakota Veterans Home Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of North Dakota Veterans Home Foundation Inc

North Dakota Veterans Home Foundation Inc, a dedicated organization, is committed to building and managing a permanent endowment for the North Dakota Veterans Home. This endowment's primary purpose is to enhance the quality of life for our veterans. By managing this fund, the foundation aims to provide additional resources and support to the North Dakota Veterans Home, ensuring that the veterans residing there live with comfort and dignity. The mission of North Dakota Veterans Home Foundation Inc is a testament to its dedication to honoring and serving those who have served our country.

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Impact




October, 2024

The North Dakota Veterans Home Foundation Inc significantly enhances the quality of life for veterans residing at the North Dakota Veterans Home. By building and managing a permanent endowment, the foundation ensures that vital resources are available to support various activities and services that enrich the daily experiences of veterans. This commitment helps create an environment that honors the sacrifices made by those who served, improving their well-being and ensuring they receive the respect and care they deserve. The foundation's efforts foster community support and raise awareness about the needs of veterans, making a lasting impact on their lives in Grand Forks, ND, and beyond.




This information is meant to be a general summary of North Dakota Veterans Home Foundation Inc. 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.

Revenue
$81,470 (2022)
Expenses
$14,601 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $26,497
  • Gross Receipts: $90,254

Assets and Liabilities:

  • Total Assets: $497,622
  • Total Liabilities: $0
  • Net Assets: $497,622

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Organization Details

Founding Year

1987

Principal Officer

Roy Fillion

Main Address

419 N 7TH ST, GRAND FORKS, ND, 58203

NTEE Category

Code: W30 - Public benefit

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