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North Dakota Trade Office Inc

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

EIN: 841636215 ✦ Fargo, ND ✦ Designated as a 501(c)(6)

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Overview

What is North Dakota Trade Office Inc?

The North Dakota Trade Office Inc, located in Fargo, North Dakota, serves as a vital facilitator for local businesses seeking to expand internationally. As a nonprofit organization, it offers educational seminars, conferences, and trade missions to connect agricultural producers and equipment manufacturers from North Dakota with potential export trading partners. The Trade Office also provides export assistance, tailoring support services to meet the needs of North Dakota businesses interested in capitalizing on international sales opportunities. With a dedicated team of eight employees, the North Dakota Trade Office plays a crucial role in fostering international trade and growth within the state's agribusiness sector.


Official website here: www.ndto.com

Is North Dakota Trade Office Inc legitimate?

North Dakota Trade Office Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. North Dakota Trade Office 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: $124,615
Professional Fundraising Fees: $0
Other Salaries and Wages: $288,090

For more financial information, click here


Official website here: www.ndto.com

What is the mission statement of North Dakota Trade Office Inc?

The North Dakota Trade Office Inc's mission is centered around providing assistance to local businesses aiming to expand their sales internationally. Recognizing the export opportunities, the trade office organizes educational seminars, conferences, and trade missions. Based on the needs of businesses across the state, it has developed a range of support services to help its members maximize export opportunities. The trade office also hosts a reverse trade mission, inviting international delegates to learn about potential agriculture product trade partners in North Dakota. Furthermore, the office acts as a sponsor of Big Iron, an annual event showcasing new farm equipment, and serves as a liaison between agri-business dealers and new trade partners.


Official website here: www.ndto.com

Who is the CEO of North Dakota Trade Office Inc?

Drew A Combs is the Chairman of North Dakota Trade Office Inc.


Official website here: www.ndto.com

What is the revenue of North Dakota Trade Office Inc?

North Dakota Trade Office Inc's revenue in 2022 was $1,917,036.


Official website here: www.ndto.com

Who are the executives of North Dakota Trade Office Inc and what are their salaries?

The average compensation at North Dakota Trade Office Inc during 2022 was $51,588. There are 8 employees at North Dakota Trade Office Inc.


Here are 13 key members and their salaries:


Brent Sanford (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Goehring (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Price (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sherman Wehlander (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chet Pollart (Vice Chairman - Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Oberst (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beverly Flaten (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Shorma (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kermit Nash (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Brandenburger (Board Member (Started 10/21))
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Sinner (Board Member (Left 9/21))
  • Compensation: $0
  • Related: $0
  • Other: $0
James Leiman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Drew A Combs (Executive Director)
  • Compensation: $115,000
  • Related: $0
  • Other: $3,450


Official website here: www.ndto.com

Where can I find the form 990 for North Dakota Trade Office Inc?

North Dakota Trade Office Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ndto.com

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

Mission Statement of North Dakota Trade Office Inc

The North Dakota Trade Office Inc plays a crucial role in facilitating export opportunities for agricultural producers and equipment manufacturers from North Dakota. Their mission is to provide educational seminars, conferences, and trade missions, aiming to connect North Dakota businesses with potential export trading partners. Recognizing the needs of businesses within the state, the Trade Office has developed a variety of support services to help its members capitalize on export opportunities more effectively.

The North Dakota Trade Office Inc goes beyond simply organizing events and conferences. They play an active role in connecting North Dakota businesses with potential international trade partners. One of their initiatives is the Reverse Trade Mission, where international delegates travel to North Dakota to learn about and seek agriculture product trade partners. The North Dakota Trade Office Inc also sponsors events such as Big Iron, an annual event showcasing new farm equipment. Additionally, they act as a liaison between agri-business dealers and new trade partners, further assisting North Dakota businesses in expanding their sales internationally.

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Impact




October, 2024

North Dakota Trade Office Inc significantly impacts the state's agricultural producers and equipment manufacturers by facilitating international trade opportunities. Through educational seminars, conferences, and trade missions, it empowers local businesses to connect with global trading partners. The organization hosts reverse trade missions, bringing international delegates to North Dakota to explore potential partnerships in agricultural products. Additionally, it sponsors events like Big Iron, showcasing new farm equipment and fostering relationships between agri-business dealers and prospective trade partners. By providing tailored export assistance, the North Dakota Trade Office enhances the ability of state businesses to access international markets, driving economic growth and community improvement.




This information is meant to be a general summary of North Dakota Trade Office 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
$1,917,036 (2022)
Expenses
$1,215,910 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $617
  • Program Service Revenue: $162,417
  • Gross Receipts: $1,917,036

Assets and Liabilities:

  • Total Assets: $1,573,226
  • Total Liabilities: $120,802
  • Net Assets: $1,452,424

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Programs

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

TRADE MISSIONS / PRIVA

Revenue

$162,417

Organization Details

Founding Year

2004

Principal Officer

Drew A Combs

Main Address

4844 ROCKING HORSE CIRCLE S 1, FARGO, ND, 58104

NTEE Category

Code: S30 - Community improvement

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