Nonprofit · EIN 23-7178785
VALLEY CITY STATE UNIVERSITY FOUNDATION
Tax-exempt · VALLEY CITY, ND 58072
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $6,875,294 | $3,979,222 | $2,896,072 | $32,845,201 | $2,518,201 | $30,327,000 |
| June 30, 2024 | 990 | $9,642,119 | $3,560,249 | $6,081,870 | $27,499,825 | $68,897 | $27,430,928 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $4,480,382
- of which government grants
- $62,888
- Membership dues
- $161,367
- Program service revenue
- $0
- Investment income
- $2,317,332
- Royalties
- $4,534
- Net rental income
- $73,046
- Net gain from sales of assets
- $361,883
- Other revenue
- $77,580
Expenses
- Grants and similar amounts paid
- $3,221,664
- Other salaries and wages
- $354,312
- Salaries, compensation and benefits (total)
- $354,312
- Professional fundraising fees
- $0
- Accounting fees
- $48,686
- Travel
- $5,405
- Program services (functional)
- $3,221,664
- Management and general (functional)
- $478,136
- Fundraising (functional)
- $279,422
Balance sheet and other
- Total assets, start of year
- $27,499,825
- Total assets, end of year
- $32,845,201
- Total liabilities, end of year
- $2,518,201
- Net assets, end of year
- $30,327,000
- Land, buildings and equipment
- $1,364,000
- Publicly traded securities
- $19,520,265
- Net assets without donor restrictions
- $30,327,000
- Gross unrelated business income
- $73,046
- Gross receipts
- $7,495,077
- Employees
- 0
- Volunteers
- 18
- Year formed
- 1972
- State of legal domicile
- ND
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Ken Astrup | Director Trustee or director | 2 | $0 |
| Kirsten Baesler | Director Trustee or director | 2 | $0 |
| Bob Bergan | Director Trustee or director | 2 | $0 |
| DuWayne Bott | Director Trustee or director | 2 | $0 |
| Joe Deutsch | Director Trustee or director | 2 | $0 |
| Mark Finstad | Director Trustee or director | 2 | $0 |
| Gigi Goven | Director Trustee or director | 2 | $0 |
| Dee Jensen | Director Trustee or director | 2 | $0 |
| Josh Kasowski | Director Trustee or director | 2 | $0 |
| Ryan Leroux | Director Trustee or director | 2 | $0 |
| Karsten Melgaard | Director Trustee or director | 2 | $0 |
| Stephanie Ness | Director Trustee or director | 2 | $0 |
| Mark Richman | Director Trustee or director | 2 | $0 |
| Paul Sandness | Director Trustee or director | 2 | $0 |
| Jeff Nathan | President Officer | 10 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Matt Pedersen | Vice President Officer | 10 | $0 |
| Dave Bass | Secretary Officer | 10 | $0 |
| Liz Ryerson | Treasurer Officer | 10 | $0 |
990 for the year ended June 30, 2024: 24 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Larry Robinson | Director Trustee or director | 40 | $131,545 | $18,645 |
| Cory Anderson | Non-Voting Director Trustee or director | 40 | $102,548 | $18,645 |
| Dee Jensen | Director Trustee or director | 2 | $0 | $0 |
| DuWayne Bott | Director Trustee or director | 2 | $0 | $0 |
| George Gaukler | Director Trustee or director | 2 | $0 | $0 |
| Matt Klabo | Director Trustee or director | 2 | $0 | $0 |
| Dave Bass | Secretary Trustee or director, Officer | 10 | $0 | $0 |
| Matt Pedersen | Vice Chairman Trustee or director, Officer | 10 | $0 | $0 |
| Al LaFave | Non-Voting Director Trustee or director | 2 | $0 | $0 |
| Karsten Melgaard | Director Trustee or director | 2 | $0 | $0 |
| Phil Mueller | Director Trustee or director | 2 | $0 | $0 |
| Bob Bergan | Director Trustee or director | 2 | $0 | $0 |
| Mark Finstad | Director Trustee or director | 2 | $0 | $0 |
| Ken Astrup | Director Trustee or director | 2 | $0 | $0 |
| Jeff Nathan | President Trustee or director, Officer | 10 | $0 | $0 |
| Kirsten Baesler | Director Trustee or director | 2 | $0 | $0 |
| Liz Ryerson | Treasurer Trustee or director, Officer | 10 | $0 | $0 |
| Dr Genevieve Goven | Director Trustee or director | 2 | $0 | $0 |
| Mark Richman | Director Trustee or director | 2 | $0 | $0 |
| Robert Horne | Director Trustee or director | 2 | $0 | $0 |
| Josh Kasowski | Director Trustee or director | 2 | $0 | $0 |
| Paul Sandness | Director Trustee or director | 2 | $0 | $0 |
| Ryan Leroux | Director Trustee or director | 2 | $0 | $0 |
| Erica Buchholz | Non-Voting Director Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 101 COLLEGE ST SW, VALLEY CITY, ND 58072-4024
- In care of
- % CORY ANDERSON
- Signed the 990
- CORY ANDERSON, Executive Director
- Phone
- (701) 845-7203
- Website
- https://www.vcsualumni.org/
- Return prepared by
- LUDVIGSON BRAUN & CO
Mission
Valley City State University Foundation aids in the advancement of Valley City State University by awarding scholarships and by promoting the University. Support comes primarily from contributions by individuals and businesses, fundraising events, and investment income.
Program accomplishments
- Scholarships were awarded to students attending Valley City State University.Expenses $1,799,799 · grants $1,799,799
- Funding was provided for construction projects on the Valley City State University campus. The projects include the construction of a new athletic facility and the refurbishing of an old building on campus.Expenses $1,270,821 · grants $1,270,821
- Contributions were given to Valley City State University to fund activities and certain athleticsExpenses $151,044 · grants $151,044
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 23-7178785
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1972
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $32,574,532
- Income (IRS master file)
- $14,165,455
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $6,875,294 | $3,979,222 | $32,845,201 | XML |
| 990 | June 2024 | $9,642,119 | $3,560,249 | $27,499,825 | XML |
| 990 | June 2023 | $2,329,236 | $2,802,730 | $19,726,854 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7178785).
Questions about VALLEY CITY STATE UNIVERSITY FOUNDATION
- What is the EIN of VALLEY CITY STATE UNIVERSITY FOUNDATION?
- The employer identification number (EIN) of VALLEY CITY STATE UNIVERSITY FOUNDATION is 23-7178785.
- Is VALLEY CITY STATE UNIVERSITY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1972.
- Are donations to VALLEY CITY STATE UNIVERSITY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does VALLEY CITY STATE UNIVERSITY FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of VALLEY CITY STATE UNIVERSITY FOUNDATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did VALLEY CITY STATE UNIVERSITY FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who are the officers and directors of VALLEY CITY STATE UNIVERSITY FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 18 people; 0 received compensation from the organization.
- How much revenue does VALLEY CITY STATE UNIVERSITY FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $6,875,294, expenses of $3,979,222 and total assets of $32,845,201 at year end.
Other nonprofits in VALLEY CITY
- OPEN DOOR CENTER EIN 45-0277603 · last filed 990 for 2025
- SOUTH CENTRAL ADULT SERVICES EIN 45-0373281 · last filed 990 for 2025
- NORTH DAKOTA HIGH SCHOOL ACTIVITIES ASSOCIATION EIN 45-0229318 · last filed 990 for 2025
- VALLEY CITY-BARNES COUNTY DEVELOPMENT CORPORATION EIN 36-3485273 · last filed 990 for 2025
- BRIDGEVIEW ESTATES INC EIN 45-0449299 · last filed 990 for 2025
- THUNDERING SAINTS EIN 27-3083994 · last filed 990 for 2025
- NORTH DAKOTA WINTER SHOW INC EIN 45-0218524 · last filed 990 for 2025
- AFTER SCHOOL LATCH KEY PROGRAM INC EIN 45-0405906 · last filed 990 for 2024