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Wf Events Inc

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

EIN: 812749544 ✦ West fargo, ND ✦ Designated as a 501(c)(3)

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Overview

What is Wf Events Inc?

Wf Events Inc is a nonprofit organization situated in West Fargo, North Dakota, with an address at 745 31st Avenue East 105. Their primary mission is to enhance the community's quality of life by organizing and promoting events. They accomplish this by managing the West Fargo Sports Arena and leasing out facility space to local teams and groups, acting as an intermediary for the school district. Wf Events Inc employs a team of 124 individuals, dedicated to fulfilling their mission and contributing positively to the West Fargo community.


Official website here: www.westfargoevents.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 73%)

Wf Events Inc has received a Two-Star rating from Charity Navigator, indicating that while there are some positive aspects to the organization, there are significant areas that require improvement. The organization has a solid program expense ratio of 90.90%, demonstrating a strong commitment to programmatic spending. Additionally, it boasts a fully independent board, which is a positive sign for governance and oversight.

However, there are critical shortcomings in terms of transparency and accountability. The organization has not provided financial statements, which is a major concern for potential donors looking to understand its financial health. Furthermore, key policies such as the whistleblower policy and document retention policy are missing, which could raise questions about operational integrity and best practices.

While Wf Events Inc has strengths in board independence and program expense management, the lack of financial reporting and necessary policies indicates that improvements are needed for better accountability and credibility. Donors should consider these factors when evaluating their support for the organization.


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

Is Wf Events Inc legitimate?

Wf Events Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wf Events 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: $185,388
Professional Fundraising Fees: $0
Other Salaries and Wages: $488,243

For more financial information, click here


Official website here: www.westfargoevents.com

What is the mission statement of Wf Events Inc?

Wf Events Inc is dedicated to serving its community by creating and promoting events. Their mission is to enhance the quality of life for the citizens and children of the city they serve, which is not specified in the provided information. To achieve this, Wf Events Inc provides services to the local city, school district, and park district. One of their key responsibilities is managing the West Fargo Sports Arena and leasing out facility space to local teams and groups. This helps to foster a sense of community and provide entertainment options for the area.


Official website here: www.westfargoevents.com

Who is the CEO of Wf Events Inc?

Mike Amundson is the President of Wf Events Inc.


Official website here: www.westfargoevents.com

What is the revenue of Wf Events Inc?

Wf Events Inc's revenue in 2022 was $1,879,872.


Official website here: www.westfargoevents.com

Who are the executives of Wf Events Inc and what are their salaries?

The average compensation at Wf Events Inc during 2022 was $5,433. There are 124 employees and 300 volunteers at Wf Events Inc.


Here are 10 key members and their salaries:


Mark Simmons (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Schaeffer (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Berning (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bernie Dardis (Mayor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Jonas (School Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jake Lauritsen (Park Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Gellner (Park Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Hanson (Member At-Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eddie Sheeley (Member At-Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Amundson (Executive Director)
  • Compensation: $150,599
  • Related: $0
  • Other: $34,789


Official website here: www.westfargoevents.com

Where can I find the form 990 for Wf Events Inc?

Wf Events Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.westfargoevents.com

Learn more at the official website: www.westfargoevents.com

Mission Statement of Wf Events Inc

Wf Events Inc, a nonprofit organization, is dedicated to enhancing the community's quality of life by creating and promoting events. Its mission is to serve the City of West Fargo, its school district, and park district. Wf Events Inc strives to provide services that cater to the needs of its citizens and children, aiming to contribute positively to their lives. One of the ways it accomplishes this is by assisting in the management of the West Fargo Sports Arena. The organization rents out facility space to teams and groups within the West Fargo area and its surrounding communities, acting as a liaison on behalf of the school district. This initiative allows various groups to host events, thereby fostering a sense of community and engagement.

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Impact




July, 2024

Wf Events Inc's impact includes creating and promoting events for the surrounding community, particularly in the West Fargo area. The organization plays a key role in promoting and managing the West Fargo Sports Arena, providing facilities for teams and groups in the community. Through its activities, Wf Events Inc contributes to enhancing the quality of life in West Fargo and its surrounding areas, especially in relation to youth development.




This information is meant to be a general summary of Wf Events 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
$1,879,872 (2022)
Expenses
$1,642,813 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $28,179
  • Program Service Revenue: $1,016,965
  • Gross Receipts: $9,071,075

Assets and Liabilities:

  • Total Assets: $917,532
  • Total Liabilities: $284,313
  • Net Assets: $633,219

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

City Arena and Ramp Management

Revenue

$396,084

Event Promotion Revenue

Revenue

$207,955

Theater

Revenue

$143,865

Program Service Rental Income

Revenue

$107,925

City of West Fargo Events

Revenue

$61,000

Organization Details

Founding Year

2016

Principal Officer

Mike Amundson

Main Address

745 31st Avenue East 105, West Fargo, ND, 58078

NTEE Category

Code: O50 - Youth development

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