2024-08-15T07:51:17-05:00 2023-12-31 450250958 Eide Bailly LLP 4585 Coleman St Ste 200 Bismarck ND 58503 990 2023-01-01 455595954 Wolf Run Village Inc WOLF 7018423075 PO Box 2973 Watford City ND 588540494 Curtis Moen President 7018423075 2024-08-14 1 1 Lisa Chaffee CPA P00193453 7012551091 2024-08-14 2023 2024-08-08 14:25:15Z Curtis Moen PO Box 2973 Watford City ND 588540494 4379793 0 X www.wolfpupdaycare.com X 2012 ND The specific purpose of Wolf Run Village is to provide a 42-unit rental housing complex for public service employees in Watford City, McKenzie County, North Dakota and to establish a daycare facility for children. 5 5 134 5 121300 0 956776 1101246 2870997 3246334 18634 30112 284428 1196 4130835 4378888 0 0 0 0 2463619 2835900 0 0 0 1501149 1546605 3964768 4382505 166067 -3617 13591235 13532637 5413564 5358158 8177671 8174479 X The specific purpose of Wolf Run Village is to provide a 42-unit rental housing complex for public service employees in Watford City, McKenzie County, North Dakota and to establish a daycare facility for children. 0 0 759427 311523 Rental housing complex development for public service employees:The purpose of the program is the development, construction, and operation of a 42-unit rental housing project affordable for public service employees.The organization began fundraising activities and preparation for purchasing of the land on which to build the housing facilities in July 2012. Wolf Run Village completed the land acquisition in Watford City,North Dakota, in March 2013. The housing facilities for rent were built and provided to approximately 42 public service employees beginning August 2013, with the rent being partially subsidized by the City, County, and School District. 3420867 2813511 Children's daycare center development:The purpose of the project is the construction and development of a children's daycare facility that is licensed for 211 children, located in Watford City, North Dakota. The services of the daycare center are available to working families throughout the Watford City community that have young children. 4180294 1 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 10 0 1 134 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 1 0 0 X David Tschetter 7014448418 PO Box 2973 Watford City ND 58854 Curtis Moen President 1.00 X X 0 0 0 Wyatt Voll Secretary 1.00 X X 0 0 0 Bethany Devlin Treasurer 1.00 X X 0 0 0 Gene Veeder Director 1.00 X 0 0 0 Steven Holen Director 1.00 X 0 0 0 Tessa Moberg Executive Director 40.00 X 93269 0 2798 93269 0 2798 0 0 0 0 0 1094917 6329 1101246 Daycare Income 624410 2811984 2811984 PS Rental Income 531110 432823 311523 121300 1527 1527 3246334 30112 30112 1456 1456 645 905 -260 -260 4378888 3125034 121300 31308 96068 96068 2228587 2228587 12517 12517 315854 315854 182874 175317 7557 49000 49000 27118 27118 22468 22468 141884 141884 603 603 12314 12314 2027 2027 203805 203805 5960 5960 319629 319629 342445 342445 61182 61182 Supplies 254596 254596 Repairs and Maintenance 95572 95572 Cleaning Costs 2159 2159 5843 5843 4382505 4180294 202211 0 770250 605585 15338 112363 28888 16557345 3859291 12695609 12698054 74772 66689 35266 21058 13591235 13532637 9127 63003 2352 95757 35195 37714 5366890 5161684 5413564 5358158 X 8177671 8174479 8177671 8174479 13591235 13532637 -3617 425 0 X 0 0 0 X 2447102 1517511 2944640 956776 1101246 8967275 2447102 1517511 2944640 956776 1101246 8967275 8967275 320 5055 3195 5563 31568 45701 9012976 13470741 0.99490 0.99810 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 901371 901371 14870943 3638958 11231985 780861 217530 563331 4170 2803 1367 12698054 Part IV, Line 2b: Wolf Run Village Inc. holds tenant security deposits. These funds are included in cash and security deposits payable in the financial statements. The accounts totaled $37,714 and $35,195 as of December 31, 2023 and 2022, respectively. Form 990, Part VI, Section A, line 8b There are no committees with the authority to act on behalf of the governing body. Form 990, Part VI, Section B, line 11b The Form 990 is reviewed by the President and a copy of the draft is provided to the board prior to filing with the IRS. Form 990, Part VI, Section B, line 12c The conflict of interest policy covers all directors, principal officers, and members of committees. In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists. An interested person may make a presentation at the governing board or committee meeting, but after the presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest. The chairperson of the governing board or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. After exercising due diligence, the governing board or committee shall determine whether the corporation can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the governing board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the corporation's best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination, it shall make its decision as to whether to enter into the transaction or arrangement. If the governing board or committee has reasonable cause to believe a member has failed to disclose actual or possible conflicts of interest, it shall inform the member of the basis for such belief and afford the member an opportunity to explain the alleged failure to disclose. If, after hearing the member's response and after making further investigation as warranted by the circumstances, the governing board or committee determines the member has failed to disclose an actual or possible conflict of interest, it shall take appropriate disciplinary and corrective action. Form 990, Part VI, Section B, line 15a The Board of Directors reviewed the job description and compensation for Director of Daycare position. Compensation was based on experience of the board of directors with their own businesses and knowledge of compensation rates in the region. The Board reviews and approves compensation on an annual basis. Form 990, Part VI, Section C, line 19 The organization makes its governing document, conflict of interest policy, and financial statements available to the public upon request.