2026-08-28T11:55:02-05:00 2025-12-31 423603499 Eide Bailly Advisory LLC 4585 Coleman St Ste 200 Bismarck ND 585034101 990 2025-01-01 831098730 North Dakota Rural Electric Cooperatives Foundation NORT 8002340518 3201 Nygren Drive NW PO Box 727 Mandan ND 585540727 Joel Brandvold President 8002340518 2026-08-26 1 Lisa Chaffee P00193453 7012551091 2026-08-26 2025 Joel Brandvold 3201 Nygren Drive NW PO Box 727 Mandan ND 585540727 294491 0 X https://ndarec.com/foundation X 2018 ND North Dakota Rural Electric Cooperatives Foundation's exempt purpose is to advance the quality of life for people living in rural and frontier areas of North Dakota by providing education, research, and other tools to unincorporated associations, cooperatives, and nonprofit organizations which enable these organizations to provide essential services to rural people, especially the elderly, the poor, and the distressed, as well as Native Americans and other minority populations. 9 9 0 9 0 0 234088 291901 0 0 0 0 760 1690 234848 293591 0 0 0 0 0 30410 0 0 0 269047 213041 269047 243451 -34199 50140 18484 58084 30330 19790 -11846 38294 X To empower communities to pursue opportunities, address challenges, and bring dreams to reality. 0 0 180646 ND REC Foundation provides training and technical assistance to sustain quality of life for rural people and businesses at no charge to the individuals or businesses. The focus of the technical assistance recently is around food access in rural communities. ND REC Foundation was a subawardee for a USDA Regional Food Business Center 5-year grant with Region Five Development Commission. Purpose of the grant was to pay for employees' time to provide direct technical assistance to small-and-mid-sized food and farm businesses by partnering with other organizations in the region to develop a statewide action plan that will be aggregated with other regional state plans to find common goals and objectives to help with local and statewide objectives. (Continued on Schedule O)The work on this grant ended in early 2025 after the administration change determined the grant not in alignment with their priorities. ND REC Foundation was also awarded a Local Foods Promotion Program 3-year grant from USDA Agricultural Marketing Service to assist with providing technical assistance around local food aggregation and redistribution in a region within North Dakota and how this might help to reduce costs, increase local producers marketing reach and provide rural communities more access to fresh, local foods. The work on this grant in 2025 consisted of working with the various subcommittees to determine their needs out of the project, working with an architect to determine a possible layout for a building, and meeting with similar organizations to learn from them. ND REC Foundation was also awarded a grant from ND Department of Commerce to support a lineworker and electrical summer camp for high school students from around the state to help increase interest and awareness around these trades. The work on this grant in 2025 consisted of creating the itinerary, coordinating housing, transportation and meals for the students, and providing the administration of the grant. ND REC Foundation was awarded a Rural Food Sustainability grant from ND Department of Commerce to provide technical assistance to rural grocery stores in ND. 45000 Collecting contributions to be used to build a new lineworker training facility that will be used jointly by NDAREC and BSC. Primarily the building will be leased by BSC to provide education to students interested in becoming lineworkers. Education and training courses will also be held by NDAREC in the facility for current lineworkers to teach new skills, providing safety training, and other relevant education and training needs. 225646 1 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 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 10 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 1 0 0 0 0 0 1 0 0 0 0 1 1 1 1 1 0 0 0 MN X Brenna Ohman 7016676419 3201 Nygren Drive NW PO Box 727 Mandan ND 585540727 Joel Brandvold Director/President as of February 2.00 X X 0 0 0 Robert Grant President through February/Director 1.00 X X 0 0 0 Mark Doyle Vice-President 1.00 X X 0 0 0 Jennifer Wade Director/Secretary as of February 1.00 X X 0 0 0 Connie Bitz Secretary through February/Director 1.00 X X 0 0 0 Jerry King Treasurer 2.00 X X 0 0 0 Maxine Rognlien Director 0.30 X 0 0 0 Darcy Klain Director 0.30 X 0 0 0 Randy Simon Director 1.00 X 0 0 0 Brenna Ohman Finance Director 2.00 X 7718 0 791 Ellen Huber Rural Development Director 1.70 X 5630 0 2104 13348 0 2895 0 0 0 1 0 900 188351 102650 291901 0 900 0 0 2590 900 1690 1690 293591 0 0 1690 X 16243 7734 8509 14167 10468 3699 3097 3097 125450 125450 6500 6500 83 83 2500 2500 Training Center Expense 45000 45000 Summer Camp Expense 30314 30314 97 97 243451 225646 17805 0 18484 53591 4493 18484 58084 19230 2790 11100 17000 30330 19790 X -11846 38294 -11846 38294 18484 58084 50140 0 X 0 0 0 X 167550 180350 123410 234088 291901 997299 167550 180350 123410 234088 291901 997299 289206 708093 1285 760 1690 3735 1001034 0.70740 0.56610 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 0 Brenna Ohman Finance Director 7645 0 50 0 23 0 771 0 124 0 8613 0 0 0 Ellen Huber Rural Development Director 5472 0 50 0 108 0 594 0 1599 0 7823 0 0 0 Part I, Line 3 The compensation reported is paid by an unrelated organization, North Dakota Association of Rural Electric Cooperatives. The compensation reported is established by the General Manager of the North Dakota Association of Rural Electric Cooperatives to determine the compensation for each employee that fits within the budget approved by the North Dakota Association of Rural Electric Cooperatives board. Part II: The compensation reported is paid by an unrelated organziation, North Dakota Association of Rural Electric Cooperatives for the services that the Finance Director and Rural Development Director provide to the North Dakota Rural Electric Cooperatives Foudation. Form 990, Part VI, Section A, line 1a The Bylaws allow for an Executive Committee, but no Executive Committee has been created as of 12/31/2025. Form 990, Part VI, Section A, line 3 ND REC Foundation has no employees. All work is performed by staff from NDAREC under an administrative services agreement. Form 990, Part VI, Section A, line 8b There are no committees with authority to act on behalf of the governing body. Form 990, Part VI, Section B, line 11b The Finance Director will review and approve the Form 990. The Form 990 will be presented to the Board of Directors at a board meeting prior to filing with the IRS. Form 990, Part VI, Section B, line 12c Persons covered by the conflict of interest policy will annually disclose or update to the President of the Board of Directors on a form provided by ND REC Foundation their interests that could reasonably give rise to a conflict of interest, such as a list of family members, substantial business or investment holdings, and other transactions or affiliations with businesses and other organizations or those of family members. Form 990, Part VI, Section B, line 15 Organization does not compensate staff directly, but rather reimburses NDAREC for staff time worked on Foundation activities. Compensation is not determined by ND REC Foundation, but is determined by NDAREC. Form 990, Part VI, Section C, line 19 These documents are not made available to the public. Form 990, Part IX, line 11g Contracted Services: Program service expenses 125,450. Management and general expenses 0. Fundraising expenses 0. Total expenses 125,450.