Block 9 Master Condominium Association

EIN: 861285820 Community Improvement

Fargo, ND

Total Revenue
$789,396
Total Expenses
$738,997
Total Assets
$183,433
Net Assets
$174,233
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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
ND
Principal Officer
Paul Noah
Phone
7015515422
Tax Period
2025-01-01 to 2025-12-31

Block 9 Master Condominium Association, founded in 2018, is a small nonprofit in the Community Improvement sector that reported $789K in total revenue in fiscal year 2025. Expenses of $739K left a modest 6% surplus.

Mission

None

Program Service Accomplishments

Program 1
Expenses: $599,967 Revenue: $789,396

The Block 9 Master Condominium Association (the Association) maintains the 18-story Block 9 mixed use skyscraper building in the heart of downtown Fargo on the corner of Broadway and Second Avenue...

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The Block 9 Master Condominium Association (the Association) maintains the 18-story Block 9 mixed use skyscraper building in the heart of downtown Fargo on the corner of Broadway and Second Avenue North. The Block 9 development was built as a revival of the center of commerce in downtown Fargo and is part of a public partnership with the City of Fargo, North Dakota. With hundreds of citizens working downtown, retail shops, dining options and residential condos, the vibrancy of the historic downtown corner will be brought back to life.The Block 9 mixed-use tower was created to fuel a thriving community in downtown Fargo and includes ground floor retail, office space, a boutique hotel, restaurant, and residential condominiums. The Block 9 project is adjacent to a public plaza, over a half-acre in size, which has been developed as a gathering and celebration space for the region with seasonal amenities such as a skating rink, splash pad, vendor spaces and a live performance band shell. The Block 9 mixed-use tower maintained by Block 9 Master Condominium Association contains first level shops, restaurant and hotel which are open to the general public. Block 9 Master Condo Association operates primarily for the promotion of social welfare by promoting the common good of the community by providing building amenities and common areas for public use. All members of the community of Fargo, North Dakota and visitors to the city have access to the building and the retail shops, hotel, and restaurant located inside. Hundreds of community members will work in the offices established within the building; estimates project that the Block 9 development will draw over 500,000 visitors to the Block 9 mixed-use tower and plaza location annually.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $789,396
Investment Income $0
Other Revenue $0
TOTAL REVENUE $789,396

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $599,967
Other Expenses $738,997
TOTAL EXPENSES $738,997

Year-over-Year Comparison

2025 2024 Change
Revenue $789,396 $779,712 +0.0%
Expenses $738,997 $681,769 +0.1%
Net Income $50,399 $97,943 -0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
3

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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Paul Noah Director 0.50
Director
$0 $0 $0
Mike Allmendinger Director 0.50
Director
$0 $0 $0
F Scott Neal Director 0.50
Director
$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 $789,396 $738,997 $183,433 $50,399
2024 $779,712 $681,769 $129,102 $97,943
2023 $699,732 $717,198 $80,909 $-17,466
2022 $611,855 $652,088 $98,059 $-40,233
2021 $552,482 $460,192 $109,760 $92,290
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