RED RIVER VALLEY SUGARBEET GROWERS ASSOCIATION INC

EIN: 450343333

FARGO, ND

Total Revenue
$2,112,405
Total Expenses
$2,199,105
Total Assets
$1,241,699
Net Assets
$1,231,390
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1980
Legal Domicile
ND
Principal Officer
BRENT BALDWIN
Phone
7012394151
Tax Period
2024-11-01 to 2025-10-31

RED RIVER VALLEY SUGARBEET GROWERS ASSOCIATION INC, founded in 1980, is a community nonprofit that reported $2.1M in total revenue in fiscal year 2024.

Mission

SUGARBEET GROWERS' TRADE ASSOCIATION

Program Service Accomplishments

Program 1

THE ASSOCIATION CONTRIBUTES TO RESEARCH TO IMPROVE SUGARBEET VARIETIES AND EFFICIENCIES AND TO PROMOTE THE SUGAR INDUSTRY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,088,453
Program Service Revenue $0
Investment Income $23,952
Other Revenue $0
TOTAL REVENUE $2,112,405

Expense Breakdown

Grants Paid $0
Salaries & Benefits $258,509
Fundraising Expenses $0
Other Expenses $1,940,596
TOTAL EXPENSES $2,199,105

Year-over-Year Comparison

2024 2023 Change
Revenue $2,112,405 $2,146,204 0.0%
Expenses $2,199,105 $2,123,113 +0.0%
Net Income $-86,700 $23,091 -4.8%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
16
Independent Members
16
Employees
2
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
9
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RACHEL ARNESON DIRECTOR N/A
Director
$0 $0 $0
BRENT BALDWIN PRESIDENT N/A
Officer Director
$0 $0 $0
GREG COTTON DIRECTOR N/A
Director
$0 $0 $0
NATHAN GREEN DIRECTOR N/A
Director
$0 $0 $0
WADE HANSON DIRECTOR N/A
Director
$0 $0 $0
DARREN HOYME VICE PRESIDN N/A
Officer Director
$0 $0 $0
BEN LARSON DIRECTOR N/A
Director
$0 $0 $0
CHAD LARSON SECRETARY N/A
Director
$0 $0 $0
AUSTIN LESSARD DIRECTOR N/A
Director
$0 $0 $0
JAMES NELSON TREASURER N/A
Officer Director
$0 $0 $0
JAMES NELSON DIRECTOR N/A
Director
$0 $0 $0
BRUCE KLEVEN LEGAL COUNSE N/A
Officer
$0 $0 $0
ROSS PAPE RESEARCH & E N/A
Officer
$0 $0 $0
NEIL ROCKSTAD EX OFFICIO & N/A
Officer
$0 $0 $0
MIKE ROSENDAHL INSURANCE PO N/A
Officer
$0 $0 $0
DAVID THOMPSON WAGBCG LIAIS N/A
Officer
$0 $0 $0
HARRISON WEBER EXECUTIVE DI N/A
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $2,112,405 $2,199,105 $1,241,699 $-86,700
2024 $2,146,204 $2,123,113 $1,328,332 $23,091
2023 $2,037,621 $1,933,395 $1,304,744 $104,226
2022 $2,094,882 $1,802,936 $1,202,125 $291,946
2021 $1,782,103 $1,525,631 $914,115 $256,472
2020 $1,217,363 $1,394,486 $642,154 $-177,123
2019 $1,765,920 $1,738,325 $819,244 $27,595
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