Bismarck, ND
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Bismarck-Mandan Development Association, founded in 1979, is a small nonprofit that reported $991K in total revenue in fiscal year 2018. Revenue grew 19% year-over-year, indicating healthy expansion. The organization ran a surplus of $233K, a strong 24% operating margin.
The purpose of the Association is to assist and promote the development of commerce in the cities of Bismarck and Mandan and Burleigh and Morton counties and to carry out activities which will enhance the image and reputation of Bismarck and Mandan as a place to live and invest.
Bismarck Mandan Development Association (BMDA) was created to support the continued economic growth of Burleigh and Morton counties including the small rural communities within these counties as well...
Bismarck Mandan Development Association (BMDA) was created to support the continued economic growth of Burleigh and Morton counties including the small rural communities within these counties as well as the primary growth center of Bismarck-Mandan. BMDA has been assisting five rural communities within Burleigh and Morton counties. They have helped the towns of Almont, Flasher, Glen Ullin, Hebron, and New Salem with strategic planning, marketing plans, and redevelopment efforts. The combination of these various projects will result in the investment of tens of millions of dollars in capital funds, the creation of hundreds of quality new jobs and the growth of the local tax base.
BMDA has also taken a key effort in assisting and guiding the major redevelopment of the Mandan central business district. The city of Mandan was very negatively affected by a major, long term fuel...
BMDA has also taken a key effort in assisting and guiding the major redevelopment of the Mandan central business district. The city of Mandan was very negatively affected by a major, long term fuel spill by the Burlington Northern Santa Fe Railroad. Construction and installation of a comprehensive remediation system was completed in 2007. The system is fully operational and effectively removing the contaminants. With state law enacted to relieve property owners and private lenders of liability concerns, the City is now focusing squarely on redevelopment.The redevelopment plan calls for mixed uses including new offices and professional services, dense housing, an events center, niche retail and casual/family dining.
In the city of Bismarck, BMDA has been at the fore front of the development of the Northern Plains Commerce Centre (NPCC). The NPCC is a premier industrial park with immediate access to road and rail...
In the city of Bismarck, BMDA has been at the fore front of the development of the Northern Plains Commerce Centre (NPCC). The NPCC is a premier industrial park with immediate access to road and rail transport located in Bismarck, North Dakota. The NPCC allows companies to improve their ability to efficiently distribute products within the North Plains region and globally. Industrial expansion sites are available from five to 25 acres. The facility offers both rail and non-rail served sites.The city of Bismarck has invested $15 million in infrastructure including rails, water, sewer, streets, public trans-loading and warehouses. This facility was originally designed to allow Doosan Infracore's Bobcat Manufacturing to continue to compete in the global market by providing a competitive freight structure to ship product to the world market. Currently located adjacent to the Bismarck Airport, the NPCC is home to a 100,000 square foot Bobcat Company Manufacturing Research and Development Center and Tubular Transport and Logistics (TTL). Tubular Transport and Logistics offers rail to truck reloading, trucking and storage services allowing non-rail served businesses to take advantage of long haul cost savings by using rail.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2018 | 2017 | Change | |
|---|---|---|---|
| Revenue | $991,416 | $836,493 | +0.2% |
| Expenses | $758,089 | $751,584 | +0.0% |
| Net Income | $233,327 | $84,909 | +1.7% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Kevin Magstadt | Chair | 2.00 |
Officer
Director
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$0 | $0 | $0 |
| Tom Todd | Chair Elect | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Brian Eiseman | Secretary | 2.00 |
Officer
Director
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$0 | $0 | $0 |
| Kevin Strege | Treasurer | 2.00 |
Officer
Director
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$0 | $0 | $0 |
| Richard Bohrer | Director | 1.00 |
Director
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$0 | $0 | $0 |
| Wendy Van Duyne | Director | 1.00 |
Director
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$0 | $0 | $0 |
| Lee Weisbeck | Director | 1.00 |
Director
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$0 | $0 | $0 |
| Mike Seminary | Director | 1.00 |
Director
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$0 | $0 | $0 |
| Kathleen Jones | Director | 1.00 |
Director
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$0 | $0 | $0 |
| Drew Flurer | Director | 1.00 |
Director
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$0 | $0 | $0 |
| Todd Porter | Director | 1.00 |
Director
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$0 | $0 | $0 |
| Mike Schmitz | Director | 1.00 |
Director
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$0 | $0 | $0 |
| Cody Schultz | Director | 1.00 |
Director
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$0 | $0 | $0 |
| Darren Schmidt | Director | 1.00 |
Director
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$0 | $0 | $0 |
| Scott Davis | Director | 1.00 |
Director
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$0 | $0 | $0 |
| Matt Sagaser | Director | 1.00 |
Director
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$0 | $0 | $0 |
| Karl Lembke | Director | 1.00 |
Director
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$0 | $0 | $0 |
| Katie Vasbinder | Director | 1.00 |
Director
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$0 | $0 | $0 |
| TJ Stewart | Director | 1.00 |
Director
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$0 | $0 | $0 |
| Brian Ritter | President/CEO | 55.00 |
Officer
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$72,500 | $7,297 | $79,797 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2018 | $991,416 | $758,089 | No data | $233,327 |
Compare Bismarck-Mandan Development Association with other nonprofits in North Dakota and across the country.