Nonprofit · EIN 45-6010377
FARGO-MOORHEAD AREA FOUNDATION CORPORATION
Tax-exempt · FARGO, ND 58103
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $28,024,145 | $10,004,624 | $18,019,521 | $150,829,199 | $2,110,780 | $148,718,419 |
| December 31, 2024 | 990 | $24,246,172 | $9,761,377 | $14,484,795 | $126,644,017 | $2,073,479 | $124,570,538 |
| December 31, 2023 | 990 | $8,034,362 | $9,175,156 | -$1,140,794 | $109,621,740 | $1,866,543 | $107,755,197 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $16,486,476
- Program service revenue
- $0
- Investment income
- $11,357,759
- Royalties
- $179,905
- Net gain from sales of assets
- $7,263,940
- Other revenue
- $179,910
Expenses
- Grants and similar amounts paid
- $7,415,996
- Compensation of officers, directors and key employees
- $380,530
- Other salaries and wages
- $319,196
- Salaries, compensation and benefits (total)
- $815,453
- Professional fundraising fees
- $0
- Accounting fees
- $45,344
- Occupancy
- $4,745
- Depreciation
- $34,603
- Program services (functional)
- $9,198,035
- Management and general (functional)
- $649,047
- Fundraising (functional)
- $157,542
Balance sheet and other
- Total assets, start of year
- $126,644,017
- Total assets, end of year
- $150,829,199
- Total liabilities, end of year
- $2,110,780
- Net assets, end of year
- $148,718,419
- Land, buildings and equipment
- $404,645
- Publicly traded securities
- $138,270,739
- Net assets without donor restrictions
- $463,928
- Net assets with donor restrictions
- $148,254,491
- Gross receipts
- $69,569,333
- Employees
- 7
- Volunteers
- 30
- Year formed
- 1960
- 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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ERIC WILKIE | EXECUTIVE DIRECTOR Officer | 40 | $198,336 | $34,440 |
| PATRICIA MASTEL | DIRECTOR OF FINANCE Officer | 40 | $129,239 | $18,525 |
| KATRINA TURMAN-LANG | CHAIR Trustee or director, Officer | 3 | $0 | $0 |
| GARY NOLTE | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| JOHN STERN | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| BRIAN HAYER | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| APRIL WALKER | FORMER IMMEDIATE PAST CHAIR (THROUGH APRIL) Trustee or director, Officer | 2 | $0 | $0 |
| SANDY KORBEL | TRUSTEE REPRESENTATIVE (NO Trustee or director | 1 | $0 | $0 |
| MATTHEW LEISETH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SHER THOMSEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TONI SANDIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KYLE BARLOW | DIRECTOR Trustee or director | 1 | $0 | $0 |
| OLD NATIONAL | INSTITUTIONAL TRUSTEE Institutional trustee | 0 | $0 | $0 |
| HEARTLAND TRUST | INSTITUTIONAL TRUSTEE Institutional trustee | 0 | $0 | $0 |
| ALERUS | INSTITUTIONAL TRUSTEE Institutional trustee | 0 | $0 | $0 |
4 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| US BANK | INSTITUTIONAL TRUSTEE Institutional trustee | 0 | $0 |
| BMO | INSTITUTIONAL TRUSTEE Institutional trustee | 0 | $0 |
| WELLS FARGO | INSTITUTIONAL TRUSTEE Institutional trustee | 0 | $0 |
| BELL BANK | INSTITUTIONAL TRUSTEE Institutional trustee | 0 | $0 |
990 for the year ended December 31, 2024: 20 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ERIC WILKIE | EXECUTIVE DIRECTOR Officer | 40 | $199,875 | $29,687 |
| PATRICIA MASTEL | DIRECTOR OF FINANCE Officer | 40 | $129,870 | $16,537 |
| APRIL WALKER | IMMEDIATE PAST CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| KATRINA TURMAN-LANG | CHAIR Trustee or director, Officer | 3 | $0 | $0 |
| TONI SANDIN | VICE CHAIR (UNTIL MAY) Trustee or director, Officer | 1 | $0 | $0 |
| GARY NOLTE | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| JOHN STERN | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| SANDY KORBEL | TRUSTEE REPRESENTATIVE (NON-VOTING) Trustee or director | 1 | $0 | $0 |
| MARILYN GUY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MATTHEW LEISETH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BRIAN HAYER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DON HAUGEN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SHER THOMSEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BREMER | INSTITUTIONAL TRUSTEE Institutional trustee | 0 | $0 | $0 |
| HEARTLAND TRUST | INSTITUTIONAL TRUSTEE Institutional trustee | 0 | $0 | $0 |
| ALERUS | INSTITUTIONAL TRUSTEE Institutional trustee | 0 | $0 | $0 |
| US BANK | INSTITUTIONAL TRUSTEE Institutional trustee | 0 | $0 | $0 |
| BMO | INSTITUTIONAL TRUSTEE Institutional trustee | 0 | $0 | $0 |
| WELLS FARGO | INSTITUTIONAL TRUSTEE Institutional trustee | 0 | $0 | $0 |
| BELL BANK | INSTITUTIONAL TRUSTEE Institutional trustee | 0 | $0 | $0 |
990 for the year ended December 31, 2023: 20 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ERIC WILKIE | EXECUTIVE DIRECTOR Officer | 40 | $199,379 | $27,925 |
| PATRICIA MASTEL | DIRECTOR OF FINANCE Officer | 40 | $122,514 | $15,349 |
| APRIL WALKER | IMMEDIATE PAST CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| KATRINA TURMAN-LANG | CHAIR Trustee or director, Officer | 3 | $0 | $0 |
| TONI SANDIN | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| GARY NOLTE | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| DON HAUGEN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SANDY KORBEL | TRUSTEE REPRESENTATIVE Trustee or director | 1 | $0 | $0 |
| MARILYN GUY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MATTHEW LEISETH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BRIAN HAYER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN STERN | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| SHER THOMSEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BANK OF THE WEST | INSTITUTIONAL TRUSTEE Institutional trustee | 0 | $0 | $0 |
| WELLS FARGO | INSTITUTIONAL TRUSTEE Institutional trustee | 0 | $0 | $0 |
| BELL STATE BANK & TRUST | INSTITUTIONAL TRUSTEE Institutional trustee | 0 | $0 | $0 |
| BREMER | INSTITUTIONAL TRUSTEE Institutional trustee | 0 | $0 | $0 |
| HEARTLAND TRUST | INSTITUTIONAL TRUSTEE Institutional trustee | 0 | $0 | $0 |
| ALERUS | INSTITUTIONAL TRUSTEE Institutional trustee | 0 | $0 | $0 |
| US BANK | INSTITUTIONAL TRUSTEE Institutional trustee | 0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 409 7TH ST S, FARGO, ND 58103-1821
- Principal officer (990 for 2025)
- ERIC WILKIE, 409 7TH ST S, FARGO, ND 58103
- Signed the 990
- ERIC WILKIE, EXECUTIVE DIRECTOR
- Phone
- (701) 234-0756
- Website
- WWW.AREAFOUNDATION.ORG
- Return prepared by
- WIDMER ROEL PC
Mission
WE HELP DONORS MAXIMIZE THEIR PHILANTHROPY TO CREATE A VIBRANT COMMUNITY FULL OF OPPORTUNITIES FOR EVERYONE.
Program accomplishments
- THE FOUNDATION IS A COMMUNITY TRUST THAT ADMINISTERS 551 CHARITABLE FUNDS. THESE FUNDS ARE CREATED BY CONTRIBUTIONS FROM THE GENERAL PUBLIC. GRANTS WERE AWARDED IN PROGRAMS IN THE FOLLOWING AREAS: COMMUNITY BUILDING - 15.1%; BASIC HUMAN NEEDS - 9.5%; ART - 10.7%; EDUCATION - 21.5%; YOUTH - 7.8%; RELIGION - 13.0%; HEALTH & WELLNESS - 10.0%; ANIMAL WELFARE - 2.3%; OTHER - 3.0%; DISASTER RELIEF - 7.1%. THESE GRANTS AND SCHOLARSHIPS WERE MADE POSSIBLE FROM THE FOLLOWING TYPES OF FUNDS: DONOR ADVISED - 53%, DESIGNATED - 24.5%, FIELD OF INTEREST - 6%, AGENCY - 1.1%, SCHOLARSHIP - 10%, AND UNRESTRICTED - 5.4%.Expenses $9,198,035 · grants $7,415,996
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 45-6010377
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1960
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T310)
- Assets (IRS master file)
- $150,829,199
- Income (IRS master file)
- $69,569,333
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $28,024,145 | $10,004,624 | $150,829,199 | XML |
| 990 | December 2024 | $24,246,172 | $9,761,377 | $126,644,017 | XML |
| 990 | December 2023 | $8,034,362 | $9,175,156 | $109,621,740 | XML |
| 990 | December 2022 | $5,201,937 | $11,250,336 | $98,404,628 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 45-6010377).
Questions about FARGO-MOORHEAD AREA FOUNDATION CORPORATION
- What is the EIN of FARGO-MOORHEAD AREA FOUNDATION CORPORATION?
- The employer identification number (EIN) of FARGO-MOORHEAD AREA FOUNDATION CORPORATION is 45-6010377.
- Is FARGO-MOORHEAD AREA FOUNDATION CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1960.
- Are donations to FARGO-MOORHEAD AREA FOUNDATION CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FARGO-MOORHEAD AREA FOUNDATION 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 FARGO-MOORHEAD AREA FOUNDATION CORPORATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FARGO-MOORHEAD AREA FOUNDATION CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of FARGO-MOORHEAD AREA FOUNDATION CORPORATION?
- The 990 for the year ended December 31, 2025 names ERIC WILKIE.
- Who are the officers and directors of FARGO-MOORHEAD AREA FOUNDATION CORPORATION?
- The 990 for the year ended December 31, 2025 lists 19 people; 2 received compensation from the organization, the highest $198,336 (ERIC WILKIE, EXECUTIVE DIRECTOR).
- How much revenue does FARGO-MOORHEAD AREA FOUNDATION CORPORATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $28,024,145, expenses of $10,004,624 and total assets of $150,829,199 at year end.
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All nonprofits in FARGO · North Dakota · Philanthropy, voluntarism and grantmaking foundations