Nonprofit · EIN 45-6002345
NORTH DAKOTA RURAL REHABILITATION CORPORATION
Tax-exempt · BISMARCK, ND 58501
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $7,613,985 | $1,493,499 | $6,120,486 | $99,686,275 | $12,648 | $99,673,627 |
| June 30, 2024 | 990 | $12,691,515 | $1,281,263 | $11,410,252 | $93,558,577 | $5,436 | $93,553,141 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $2,273,582
- Investment income
- $1,128,963
- Royalties
- $4,211,440
- Other revenue
- $4,211,440
Expenses
- Grants and similar amounts paid
- $871,545
- Compensation of officers, directors and key employees
- $354,624
- Other salaries and wages
- $78,833
- Salaries, compensation and benefits (total)
- $511,078
- Professional fundraising fees
- $0
- Legal fees
- $2,977
- Accounting fees
- $15,700
- Occupancy
- $48,000
- Depreciation
- $4,737
- Program services (functional)
- $1,147,856
- Management and general (functional)
- $345,643
Balance sheet and other
- Total assets, start of year
- $93,558,577
- Total assets, end of year
- $99,686,275
- Total liabilities, end of year
- $12,648
- Net assets, end of year
- $99,673,627
- Land, buildings and equipment
- $67,097
- Publicly traded securities
- $20,031,014
- Net assets without donor restrictions
- $99,673,627
- Gross receipts
- $7,613,985
- Employees
- 5
- Volunteers
- 0
- Year formed
- 1934
- 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 | Other / benefits |
|---|---|---|---|---|
| TERESE BERG TERM MARCH 2024 | BUSINESS MANAGER Officer | 40 | $110,196 | $20,969 |
| WILLIAM FORTIER | PRESIDENT Trustee or director, Officer | 20 | $75,728 | $0 |
| KENNETH L DALSTED | SEC./TREAS. Trustee or director, Officer | 10 | $68,401 | $0 |
| TANYA KEITH | SECRETARY Officer | 40 | $51,571 | $11,294 |
| DONALD C GIFFEY | GRANT COORDINATOR Trustee or director | 10 | $31,296 | $0 |
| SHANA FORSTER | DIRECTOR Trustee or director | 10 | $20,200 | $0 |
| JASON SILLERS | VICE PRESIDENT Trustee or director, Officer | 10 | $16,200 | $0 |
| H ROALD LUND | DIRECTOR Trustee or director | 10 | $16,200 | $0 |
| BRAD HOISTAD | DIRECTOR Trustee or director | 10 | $9,600 | $0 |
990 for the year ended June 30, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TERESE BERG | BUSINESS MANAGER Officer | 40 | $113,331 |
| WILLIAM FORTIER | PRESIDENT Trustee or director, Officer | 20 | $71,975 |
| KENNETH L DALSTED | SEC./TREAS. Trustee or director, Officer | 10 | $64,390 |
| DONALD C GIFFEY | DIRECTOR Trustee or director | 10 | $31,578 |
| SHANA FORSTER | DIRECTOR Trustee or director | 10 | $21,450 |
| JASON SILLERS | VICE PRESIDENT Trustee or director, Officer | 10 | $16,700 |
| H ROALD LUND | DIRECTOR Trustee or director | 10 | $16,450 |
| LUELLA DUNN | DIRECTOR (TERM 3/2023) Trustee or director | 10 | $3,300 |
Address and contacts
- Address (IRS master file)
- 2228 12TH ST, BISMARCK, ND 58501-0000
- Principal officer (990 for 2024)
- WILLIAM FORTIER, 222 SOUTH 12TH STREET, BISMARCK, ND 58504
- Signed the 990
- WILLIAM FORTIER, PRESIDENT
- Phone
- (701) 223-5810
- Return prepared by
- BRADY MARTZ & ASSOCIATES PC
Mission
THE NORTH DAKOTA RURAL REHABILITATION CORPORATION IS A CHARITABLE NON-PROFIT, CHARITABLE CORPORATION COMMITTED TO PROVIDING LOW INTEREST LOANS AND GRANT TO QUALIFYING NORTH DAKOTA FARMERS, RANCHERS, COOPERATIVES, NON-PROFIT AND PUBLIC ENTITIES, THE PRIMARY PURPOSE OF WHICH IS TO ASSIST IN THE DEVELOPMENT, REHABILITATION AND ENHANCEMENT OF THE ECONOMIC, EDUCATION, SOCIAL, INFRASTRUCTURE AND PUBLIC SAFETY OPPORTUNITIES IN THEIR INDIVIDUAL OPERATIONS AND THEIR RURAL NORTH DAKOTA COMMUNITIES IN A MANNER THAT ADDS TO THE QUALITY OF LIFE OF LOW INCOME FARMERS, RANCHERS AND OTHER LOW INCOME RURAL RESIDENTS AND IS CONSISTENT WITH ITS CORPORATE AUTHORITY.
Program accomplishments
- NDRRC PROVIDES NUMEROUS GRANTS AND SCHOLARSHIPS THROUGHOUT THE YEAR. NDRRC GIVES TUITION ASSISTANCE TO FARMERS AND RANCHERS TO PARTICIPATE IN FARM BUSINESS MANAGEMENT PROGRAMS SPONSORED BY THE NORTH DAKOTA VOCATIONAL AGRICULTURAL SCHOOLS. TUITION ASSISTANCE IS ALSO GIVEN FOR ARTIFICIAL INSEMINATION SCHOOLS THROUGHOUT THE STATE. NDRRC SUPPORTS THE AMBASSADORS PROGRAM OF THE NORT DAKOTA 4-H FOUNDATION AS WELL AS THE NORTH DAKOTA FFA FOUNDATION. NDRRC ALSO PROVIDES INDIVIDUAL GRANTS ON A CASE-BY-CASE BASIS AS WELL AS GRANTS TO INSTITUTIONAL ENTITIES BENEFITTING INDIVIDUAL FARMERS AND RANCHERS TO REHABILITATE THEIR FARMING OPERATIONS. THE NDRRC ALSO HAS A FRESHMAN CAREER SCHOLARSHIP WHICH IS AVAILABLE TO FAMILY MEMBERS OF NDRRC'S BORROWERS WHO ARE INTENDING TO CONTINUE THEIR EDUCATION AFTER GRADUATION FROM HIGH SCHOOL.Expenses $912,792 · grants $871,545
- REAL ESTATE LOANS--ND RURAL RHABILITATION CORPORATION (NDRRC) PARTICIPATES WITH THE FARM SERVICE AGENCY (FSA) IN PROVIDING REAL ESTATE LOANS TO NORTH DAKOTA FARMERS AND RANCHERS WHO ARE UNABLE TO SECURE CONVENTIONAL CREDIT. THESE LOANS HAVE BEEN FOR BORROWERS WITH FSA LOANS WHERE FSA SUBORDINATES THEIR LIEN TO THIS CORPORATION. NDRRC ALSO PROVIDES DIRECT REAL ESTATE LOANS TO FARMERS AND RANCHERS WHO ARE UNABLE TO SECURE CONVENTIONAL CREDIT. SOME OF THESE LOAN REQUESTS ARE SUBMITTED BY CREDIT COUNSELORS ON BEHALF OF THEIR CLIENTS AND SOME FARMERS AND RANCHERS COME DIRECTLY TO THE CORPORATION THEMSELVES. THE LOANS MAY INVOLVE REFINANCE OR EXISTING FIRST MORTGAGE LOANS WHICH ARE EITHER BEING TERMINATED OR HAVE SUCH HIGH INTEREST RATES THAT THE OPERATORS NO LONGER HAVE AN ADEQUATE CASH FLOW TO SUCCEED. LOANS FOR THE PURCHASE OF LAND ARE ALSO MADE. NDRRC REQUIRES A FIRST MORTGAGE.Expenses $235,064 · revenue $1,568,508
- STARTING FARMER LOANS: THESE LOANS ARE MADE TO INDIVIDUALS STARTING FARM AND RANCH OPERATIONS AND ARE SECURED BY A FIRST MORTGAGE ON REAL ESTATE.revenue $705,074
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
- 45-6002345
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 1936
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $99,686,275
- Income (IRS master file)
- $7,613,985
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $7,613,985 | $1,493,499 | $99,686,275 | XML |
| 990 | June 2024 | $12,691,515 | $1,281,263 | $93,558,577 | XML |
| 990 | June 2023 | $11,583,662 | $912,875 | $82,220,993 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | 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 45-6002345).
Questions about NORTH DAKOTA RURAL REHABILITATION CORPORATION
- What is the EIN of NORTH DAKOTA RURAL REHABILITATION CORPORATION?
- The employer identification number (EIN) of NORTH DAKOTA RURAL REHABILITATION CORPORATION is 45-6002345.
- Is NORTH DAKOTA RURAL REHABILITATION CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1936.
- Are donations to NORTH DAKOTA RURAL REHABILITATION CORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does NORTH DAKOTA RURAL REHABILITATION CORPORATION 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 NORTH DAKOTA RURAL REHABILITATION CORPORATION 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 NORTH DAKOTA RURAL REHABILITATION CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of NORTH DAKOTA RURAL REHABILITATION CORPORATION?
- The 990 for the year ended June 30, 2025 names WILLIAM FORTIER.
- Who are the officers and directors of NORTH DAKOTA RURAL REHABILITATION CORPORATION?
- The 990 for the year ended June 30, 2025 lists 9 people; 9 received compensation from the organization, the highest $110,196 (TERESE BERG TERM MARCH 2024, BUSINESS MANAGER).
- How much revenue does NORTH DAKOTA RURAL REHABILITATION CORPORATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $7,613,985, expenses of $1,493,499 and total assets of $99,686,275 at year end.
Other nonprofits in BISMARCK
- ST ALEXIUS MEDICAL CENTER EIN 45-0226711 · last filed 990 for 2025
- UNIVERSITY OF MARY EIN 45-0273403 · last filed 990 for 2025
- THEODORE ROOSEVELT PRESIDENTIAL LIBRARY FOUNDATION EIN 47-1324043 · last filed 990 for 2025
- CAPITAL ELECTRIC COOPERATIVE INC EIN 45-0217628 · last filed 990 for 2025
- MISSOURI SLOPE LUTHERAN CARE CENTER EIN 45-0279210 · last filed 990 for 2025
- CAPITAL CREDIT UNION EIN 45-0226724 · last filed 990 for 2024
- MDU RESOURCES GROUP INC EIN 45-0359941 · last filed 990 for 2024
- NORTH DAKOTA COMMUNITY FOUNDATION EIN 45-0336015 · last filed 990 for 2025