Bismarck-Mandan Development Association

EIN: 450357684

Bismarck, ND

Total Revenue
$991,416
Total Expenses
$758,089
Total Assets
N/A
Net Assets
N/A
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1979
Legal Domicile
ND
Principal Officer
Brian Ritter
Phone
7012225530
Tax Period
2018-01-01 to 2018-12-31

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.

Mission

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.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $708,968
Program Service Revenue $262,400
Investment Income $20,048
Other Revenue $0
TOTAL REVENUE $991,416

Expense Breakdown

Grants Paid $193,735
Salaries & Benefits $265,773
Fundraising Expenses $0
Other Expenses $298,581
TOTAL EXPENSES $758,089

Year-over-Year Comparison

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%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
19
Independent Members
19
Employees
7
Volunteers
19

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
5
$79,797
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kevin Magstadt Chair 2.00
Officer Director
$0 $0 $0
Tom Todd Chair Elect 2.00
Officer Director
$0 $0 $0
Brian Eiseman Secretary 2.00
Officer Director
$0 $0 $0
Kevin Strege Treasurer 2.00
Officer Director
$0 $0 $0
Richard Bohrer Director 1.00
Director
$0 $0 $0
Wendy Van Duyne Director 1.00
Director
$0 $0 $0
Lee Weisbeck Director 1.00
Director
$0 $0 $0
Mike Seminary Director 1.00
Director
$0 $0 $0
Kathleen Jones Director 1.00
Director
$0 $0 $0
Drew Flurer Director 1.00
Director
$0 $0 $0
Todd Porter Director 1.00
Director
$0 $0 $0
Mike Schmitz Director 1.00
Director
$0 $0 $0
Cody Schultz Director 1.00
Director
$0 $0 $0
Darren Schmidt Director 1.00
Director
$0 $0 $0
Scott Davis Director 1.00
Director
$0 $0 $0
Matt Sagaser Director 1.00
Director
$0 $0 $0
Karl Lembke Director 1.00
Director
$0 $0 $0
Katie Vasbinder Director 1.00
Director
$0 $0 $0
TJ Stewart Director 1.00
Director
$0 $0 $0
Brian Ritter President/CEO 55.00
Officer
$72,500 $7,297 $79,797
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
2018 $991,416 $758,089 No data $233,327
Explore More Nonprofits
Top 100 Nonprofits in North Dakota Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Bismarck-Mandan Development Association with other nonprofits in North Dakota and across the country.