2024-11-08T13:23:32-06:00 2023-12-31 450250958 Eide Bailly LLP 800 Nicollet Mall Ste 1300 Minneapolis MN 554027033 990PF 2023-01-01 450442920 The R B Nordick Foundation RBNO 7013563252 825 12th Avenue NE West Fargo ND 58078 Douglas R Geeslin Chief Financial Officer 7013563252 2024-11-08 1 1 Deb Nelson CPA P01264758 6122536500 2024-11-08 2023 2024-10-15 13:58:12Z X X 47106800 X 88000 1477633 1477663 -787560 23033763 0 778073 1477663 0 0 0 4440 0 4440 99755 99755 0 21479 961 0 36926 0 36926 89 0 89 6030 8914 5801 168719 109630 47256 2379500 2379500 2548219 109630 2426756 -1770146 1368033 754351 834141 834141 556409 276252 275404 1153515 1044787 982820 8047152 14141377 15963001 707364 444428 370593 29664281 22327450 28636350 0 44491 44491 40883072 39112926 47106800 0 0 X 0 0 15170450 15170450 25712622 23942476 40883072 39112926 40883072 39112926 40883072 -1770146 0 39112926 0 39112926 Publicly Traded Securities 23033726 23821323 -787597 -787597 Lehman Bond Recovery P 37 37 37 -787560 19016 0 19016 0 19016 18992 0 30000 0 48992 X 1 29975 29975 0 0 0 0 0 0 0 0 0 0 0 1 1 MN 1 0 0 0 0 1 N/A Douglas R Geeslin 7013563252 825 12th Avenue NE West Fargo ND 58078 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Brett A Nordick 675 12th Ave NE West Fargo ND 580783502 President 40.00 0 0 0 Erin Castagna 675 12th Ave NE West Fargo ND 580783502 Vice President/Secretary 20.00 0 0 0 Sherri Lean Nordick 675 12th Ave NE West Fargo ND 580783502 Director 1.00 0 0 0 Doug Geeslin 675 12th Ave NE West Fargo ND 580783502 Chief Financial Officer 1.00 0 0 0 NONE 0 NONE 0 0 37966524 1748088 7939526 47654138 0 0 47654138 714812 46939326 2346966 2346966 19016 19016 2327950 0 2327950 0 2327950 2426756 0 2426756 2327950 2299263 0 0 2426756 2299263 0 0 127493 0 0 0 0 0 0 0 0 2200457 0 0 0 X China Harvest Inc PO Box 12249 Wichita KS 672772249 PC General Support 30000 Church Growth Ministries 314 Bluebird Dr Isanti MN 55040 PC General Support 45000 New India Evangelistic Association 305 Old Ashby Ridge Rd Parkersburg WV 26104 PC General Support 200000 Strategic Global Assistance Inc 513 S Main St Suite 2 Elkhart IN 46516 PC General Support 1057500 Awana Clubs International 15877 Collection Drive Chicago IL 606930158 PC General Support 330000 Church of Glad Tidings PO Box 1630 Yuba City CA 95992 PC General Support 120000 Cornerstone Ministries International PO Box 4002 Tustin CA 92781 PC General Support 60000 General Conference of the Brethren in Christ Inc 431 Grantham Rd Mechanicsburg PA 170555812 PC General Support 60000 Global Empowerment 87 Outback Loop Linn Creek MO 65052 PC General Support 20000 Healing Grace Ministries 19425 Soledad Canyon Rd 147 Canyon Country CA 91351 PC General Support 47000 Hope and Grace International PO Box 53 Arlington WA 98223 PC General Support 50000 Ministry Developers Network PO Box 3115 Riverview FL 33569 PC General Support 15000 Missions International PO Box 681299 Franklin TN 37068 PC General Support 135000 Unfolding Word 10524 Moss Pard Road Ste 204/402 Orlando FL 328325898 PC General Support 150000 Global Evangelical Team PO Box 953 Huntsville TX 77342 PC General Support 60000 2379500 0 14 1477633 18 -787560 0 690073 0 690073 0 0 0 0 0 0 0 0 0 0 X X 1 Yvonne Nordick Trust PO Box 9798 Fargo ND 581069798 88000 X Accounting Fees 4440 0 4440 GS MBS TR SER 2022 PJ3 CL A 7 FLTG RATE DTD 03/01/2022 DUE 08/25/2052 IPD24 233847 217175 NORFOLK SOUTHN CORP SR GLBL NT 2.903% DTD 02/15/2013 DUE 02/15/2023 CALLABLE 260359 261812 TUCSON ELEC PWR CO SR NT 3.05% DTD 02/27/2015 DUE 03/15/2025 CALLABLE 247474 253331 APPLIED MATLS INC SR NT 3.90% DTD 09/24/2015 DUE 10/01/2025 CALLABLE 99590 98600 ARCHER DANIELS MIDLAND CO SR DEB 6.75% DTD 12/15/1997 DUE 12/15/2027 NON-CAL 62116 53885 AT&T INC SR GLBL NT 6.95% DTD 01/15/2019 DUE 01/15/2028 NON-CALLABLE 226576 194614 BK OF AMERICA CORP FR 4.20% DTD 08/26/2014 DUE 08/26/2024 NON-CALLABLE 301276 272421 DR PEPPER SNAPPLE GROUP INC SR GLBL NT 2.55% DTD 09/16/2016 DUE 09/15/2026 C 75715 75499 EMERSON ELEC CO SR NT 3.15% DTD 05/18/2015 DUE 06/01/2025 CALLABLE 121704 122188 ENBRIDGE INC MTN CDS GLBL NT 2.15% DTD 02/17/2022 DUE 02/16/2024 CALLABLE 194492 199094 ENERGY TRANSFER L P SR GLBL DEB 9.00% DTD 11/01/1994 DUE 11/01/2024 NON-CALL 178167 148147 EQUINIX INC SR GLBL NT 2.625% DTD 11/18/2019 DUE 11/18/2024 CALLABLE 240663 243500 EXPRESS SCRIPTS HLDG CO SR GLBL 3.50% DTD 06/05/2014 DUE 06/15/2024 CALLABLE 148677 148280 GOLDMAN SACHS GROUP INC FR 1.00% DTD 10/07/2021 DUE 10/07/2024 CALLABLE 244878 234031 HERSHEY CO SR GLBL 2.30% DTD 08/09/2016 DUE 08/15/2026 CALLABLE 47332 47407 INGREDION INC SR GLBL 3.20% DTD 09/22/2016 DUE 10/01/2026 CALLABLE 95920 95714 INTERNATIONAL BUSINESS MACHS CORP DEB 7.00% DTD 10/30/1995 DUE 10/30/2025 CA 176754 156153 LILLY ELI & CO SR NT 2.75% DTD 03/05/2015 DUE 06/01/2025 CALLABLE 123379 126513 MAGNA INTL INC SR GLBL NT 3.625% DTD 06/16/2014 DUE 06/15/2024 CALLABLE 102890 99050 MERCK & CO INC NEW SR NT 2.75% DTD 02/10/2015 DUE 02/10/2025 CALLABLE 95913 97778 MONSANTO CO SR GLBL NT 3.375% DTD 07/01/2014 DUE 07/15/2024 CALLABLE 152123 147353 MONTELL FIN CO BV SR 144A 8.10% DTD 03/25/1997 DUE 03/15/2027 CALLABLE 125743 107653 NBD BK N A DETROIT MICH SUB NT 8.25% DTD 11/03/1994 DUE 11/01/2024 PUTABLE 134672 102029 NORTHROP GRUMMAN CORP SR GLBL DEB 7.875% DTD 03/01/1996 DUE 03/01/2026 NON-C 122085 105769 STATE STREET BOSTON CORP 7.35% DTD 06/15/1996 DUE 06/15/2026 130564 105337 TRI STATE GENERATION &TRANSMIS 1M GLBL 2014E 3.70% DTD 05/01/2015 DUE 11/01/ 135959 127485 WEYERHAEUSER CO DEB 7.375% DTD 09/15/2002 DUE 03/15/2032 CALLABLE 138356 116046 Alerus Financial Corp Common Stock 886263 2879354 AMERICAN EXPRESS CO SR GLBL NT 3.375% DTD 05/03/2022 DUE 05/03/2024 NON-CALL 255190 258006 AMPHENOL CORP SR GLBL NT 2.05% DTD 02/20/2020 DUE 03/01/2025 CALLABLE 123019 125475 ARIZONA PUB SVC CO SR NT 2.95% DTD 09/11/2017 DUE 09/15/2027 CALLABLE 91706 94508 BANK MONTREAL MEDIUM FR 5.75% DTD 06/30/2023 DUE 06/30/2025 CALLABLE 260000 256714 BURLINGTON NORTHN SANTA FE CP SR GLBL 3.40% DTD 08/18/2014 DUE 09/01/2024 CA 254389 256729 CITIGROUP GLOBAL MKTS HLDGS IN FR 6.00% DTD 10/18/2023 DUE 11/18/2024 CALLAB 260000 260107 CONAGRA BRANDS, INC 29147 25135 DOMINION ENERGY GAS HLDGS LLC SR GLBL A NT 2.50% DTD 11/21/2019 DUE 11/15/2 248534 253211 FEDERAL FARM CR BKS CONS SYSTEMWIDE BDS 4.89% DTD 07/21/2023 DUE 07/21/2026 260000 260351 FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD SER K 040 CL A 2 3.24 316824 320098 FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD SER K 730 CL A 2 FLTG 241115 243318 FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD SER K 733 CL A 2 FLTG 251327 253770 FEDERAL HOME LOAN BKS CONS BDS 1.125% DTD 09/29/2021 DUE 09/29/2026 CALLABLE 231374 238571 FEDERAL HOME LOAN BKS CONS BDS 5.00% DTD 10/17/2022 DUE 10/17/2025 CALLABLE 258687 258762 FEDERAL HOME LOAN BKS CONS BDS 5.40% DTD 06/30/2023 DUE 03/28/2025 CALLABLE 234648 234387 FEDERAL HOME LOAN BKS CONS BDS 5.75% DTD 08/16/2023 DUE 08/16/2027 CALLABLE 389870 389146 INDIANA ST HSG & CMNTY DEV AUT TAXABLE MTG BDS 2022D TAXABLE 3.93% DTD 09/27 255156 257049 INTERNATIONAL BUSINESS MACHS GLBL NT 4.50% DTD 02/06/2023 DUE 02/06/2026 CAL 108380 109724 JABIL INC SR GLBL 1.70% DTD 04/14/2021 DUE 04/15/2026 CALLABLE 98890 101875 LINCOLN NATL CORP IND SR NT 3.35% DTD 03/09/2015 DUE 03/09/2025 CALLABLE 249215 253854 LOCKHEED MARTIN CORP SR DEB 7.625% DTD 06/12/1995 DUE 06/15/2025 NON-CALLABL 270283 271409 PFIZER INC COM 30223 23723 PHILLIPS 66 CO SR GLBL NT 3.605% DTD 02/15/2023 DUE 02/15/2025 CALLABLE 252226 255424 PHILLIPS 66 COM 26153 33551 PIMCO MORTGAGE OPPORTUNITIES AND BOND FUND INSTL 61065 61313 PRIVATE EXPT FDG CORP SR SEC 1.75% DTD 11/07/2019 DUE 11/15/2024 NON-CALLABL 241000 242540 ROYAL BK CDA FR 0.65% DTD 07/29/2021 DUE 07/29/2024 NON-CALLABLE 250718 253133 SMITHSONIAN INSTITUTION SR GLBL 1.118% DTD 06/18/2020 DUE 09/01/2024 CALLABL 248305 251417 SPDR BLOOMBERG 1-3 MONTH T-BILL ETF 116016 115700 STEEL DYNAMICS INC SR GLBL 2.80% DTD 12/11/2019 DUE 12/15/2024 CALLABLE 250081 253542 TYSON FOODS INC SR GLBL NT 4.00% DTD 02/19/2019 DUE 03/01/2026 CALLABLE 124773 127470 UNILEVER PLC SPONSORED ADR NEW 12352 11538 VERIZON COMMUNICATIONS INC NT 2.625% DTD 08/01/2016 DUE 08/15/2026 CALLABLE 240484 247642 WESTLAKE CORPORATION SR GLBL NT 0.875% DTD 08/19/2021 DUE 08/15/2024 CALLABL 246740 252260 BK OF AMERICA CD CHARLOTTE NC CD 250000 254466 DORT FINL CR UN GRAND BLANC MI CTF DEP 5.05% DTD 07/11/2023 DUE 07/13/2026 N 250000 251213 EVERBANK N A JACK JACKSONVILLE FL CD 250000 254396 FIRSTBANK PUERTO RICO SANTURCE INSTL CD 250000 254045 MORGAN STANLEY CD SALT LAKE CITY UT CD 250000 254465 PARKWAY BANK CD HARWOOD HEIGHTS IL CD 250000 254431 PNC BANK NA WILMINGTON DE CD 250000 254344 SALLIE MAE BK MURRAY UTAH CTF DEP 0.70% DTD 08/11/2021 DUE 08/12/2024 NON-CA 250000 243340 VALLEY NATL BK PASSAIC N J CD 250000 254631 ARES CAP CORP COM 43673 41943 INTEL CORP COM 53531 52662 ABBVIE INC COM 27478 33938 AGNC INVT CORP COM 50707 30813 AMGEN INC COM 28103 36579 ANNALY CAPITAL MANAGEMENT INC COM NEW 21769 13462 AT&T INC COM 37306 32822 CISCO SYS INC COM 38212 39911 DOW INC COM 41098 38333 DUKE ENERGY CORP NEW COM 39331 37263 EXXON MOBIL CORP COM 13807 20896 GILEAD SCIENCES INC COM 30317 37589 GSK PLC SPONSORED ADR 41037 34355 HEWLETT PACKARD ENTERPRISE CO COM 18221 21616 HUNTINGTON BANCSHARES INC COM 34372 27577 INTERNATIONAL BUSINESS MACHS CORP COM 31004 39579 INTERNATIONAL PAPER CO COM 43713 34921 KRAFT HEINZ CO COM 32920 34465 LEGGETT & PLATT INC COM 38990 27793 LYONDELLBASELL INDUSTRIES N V SHS A 38515 38032 NEWELL BRANDS INC 38105 17976 PRUDENTIAL FINL INC COM 32801 32980 RIO TINTO PLC SPONSORED ADR 51545 54058 SEAGATE TECHNOLOGY HLDNGS PLC ORD SHS 39167 51307 SOUTHERN CO COM 35364 37374 TC ENERGY CORP COM 35592 28770 UNITED PARCEL SVC INC CL B 37690 30345 VERIZON COMMUNICATIONS INC COM 48185 33704 VIATRIS INC COM 22234 21757 0 0 276252 275404 ART IS LOVE SPV 1, LLC AT COST 1952288 2306045 EATON VANCE SHORT DURATION GOVERNMENT INCOME FUND CLASS I #373 AT COST 160851 158613 FLINT HILLS KISSNER CO-INVEST 2020 LP AT COST 432740 564734 INVESTMENT IN LWO FUND III LP AT COST 5105696 5068747 ISHARES EDGE MSCI USA MOMENTUM FACTOR AT COST 1002120 1844242 IShares MSCI EAFE Value ETF AT COST 1608142 1753373 ISHARES TR CORE MSCI EAFE ETF AT COST 164729 187131 LORD ABBETT INVESTMENT TRUST SHORT DURATION INCOME FUND #1425 AT COST 59052 59375 MS Direct Lending Fund AT COST 1060349 1198961 MSILF Government PTF Inst AT COST 550578 550578 SELECT SECTOR SPDR TR FINANCIAL AT COST 10873 13085 VANGUARD INDEX FDS S&P 500 ETF SHS NEW AT COST 23681 35381 Vanguard Small-Cap Value Vipers AT COST 1071025 2312075 VANGUARD TOTAL STOCK MARKET INDEX FUND - ADM #585 AT COST 308254 489156 Vanguard Total Stock Market Vipers AT COST 485670 1682127 Vanguard Value VIpers AT COST 661300 1313657 VANGUARD WHITEHALL FDS HIGH DIVIDEND YIELD ETF SHS AT COST 54725 55592 Wells Fargo Bk NA Sioux Falls SD CD AT COST 250000 254465 INVESCO QQQ TR UNIT SER 1 AT COST 85913 161351 ISHARES EDGE MSCI MIN VOL EMERGING MARKETS ETF AT COST 282358 287011 ISHARES MSI Edge MCSI MIN VOL USA AT COST 568745 900310 ISHARES EDGE MSCI USA QUALITY FACTOR AT COST 446751 945963 ISHARES MSCI EAFE MINIMUM VOLATILITY ETF AT COST 355679 389413 STATE BANKSHARES PFD CONVERTIBLE NON CUMULATIVE STOCK AT COST 3000000 3000000 VANGUARD INTL EQUITYFDS FTSE ALL WORLD USA SMALL CAP AT COST 1204186 1404286 VANGUARD DEVELOPED MARKETS INDEX FUND AT COST 733280 1041394 VANGUARD FTSE EMERGING MARKETS INDEX ETF AT COST 688465 659285 Accrued Interest 44491 44491 Office Supplies 5776 0 5776 Bank Fees 229 229 0 K-1 Deductions 0 8685 0 State Charitable Organization Filing Fee 25 0 25 Investment Management Fees 99755 99755 0 Federal Income Tax 20518 0 0 Foreign Tax W/H 961 961 0