2025-11-17T17:07:40-06:00 2024-12-31 450250958 Eide Bailly LLP 4585 Coleman St Ste 200 Bismarck ND 58503 990 2024-01-01 455595954 Wolf Run Village Inc WOLF 7018423075 PO Box 2973 Watford City ND 588540494 Curtis Moen President 7018423075 2025-11-17 1 1 Lisa Chaffee CPA P00193453 7012551091 2025-11-15 2024 2025-03-06 01:10:19Z Curtis Moen PO Box 2973 Watford City ND 588540494 21244630 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 5 175 5 172098 0 1101246 16892579 3246334 4346092 30112 5277 1196 -1129 4378888 21242819 0 0 0 0 2835900 3183064 0 0 0 1546605 2099026 4382505 5282090 -3617 15960729 13532637 29707198 5358158 5131377 8174479 24575821 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. 1 0 935571 340790 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. 4153837 3833204 Children's daycare center development:The purpose of the project is the construction and development of children's daycare facilities located in Watford City, McKenzie County, North Dakota. The first facility opened in 2014 and the second facility opened in 2024, providing care for approximately 400 children. The services of the daycare centers allow families throughout the community a safe, fun-filled environment while they are at work. 5089408 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 1 175 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 Wyatt Voll 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 95000 0 7892 95000 0 7892 0 0 0 0 0 16870078 22501 16892579 Daycare Income 624410 3815666 3815666 PS Rental Income 531110 512888 340790 172098 17538 17538 4346092 5277 5277 144 144 538 1811 -1273 -1273 21242819 4173994 172098 4148 102892 102892 2578778 2578778 2097 2097 291956 291956 207341 199386 7955 48000 48000 7036 7036 26799 26799 181839 181839 1606 1606 25769 25769 3419 3419 205448 205448 5455 5455 292625 292625 717634 717634 125904 125904 Supplies 339937 339937 Repairs and Maintenance 107690 107690 Construction Costs 6260 6260 3605 3605 5282090 5089408 192682 0 605585 733899 112363 100165 28888 33069 33327900 4568842 12698054 28759058 66689 58606 21058 22401 13532637 29707198 63003 75713 95757 87522 37714 38768 5161684 4929374 5358158 5131377 X 8174479 24575821 8174479 24575821 13532637 29707198 X 15960729 440613 0 X 0 0 0 X 1517511 2944640 956776 1501976 16892579 23813482 1517511 2944640 956776 1501976 16892579 23813482 23813482 5055 3195 5563 31568 5421 50802 23864284 15329964 0.99790 0.99490 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 1302101 1302101 30883652 3967310 26916342 1137977 598451 539526 4170 3081 1089 28759058 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 $38,768 and $37,714 as of December 31, 2024 and 2023, respectively. Form 990, Part III, line 2 Wolf Pup Daycare Fox Hills opened in August 2024. This location is licensed for up to 233 children and has 15 classrooms. 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. Form 990, Part XI, line 8 A prior period adjustment is being reported on the Form 990, Part XI, line 8 in the amount of $440,613. In 2023, the City of Watford City deeded land in the amount of $400,730 to the organization in order to building a new daycare facility, Fox Hills Daycare. The land was not reported in the financial statements in 2023. The organization also received donations from McKenzie County towards furnishings for the daycare in 2023 in the amount of $39,883. The furnishings were not reported in the financial statements in 2023. A prior period adjustment is being reported for the land and daycare furnishings in 2024.