Nonprofit · EIN 46-1988505
VALLEY PROSPERITY PARTNERSHIP
Tax-exempt · GRAND FORKS, ND 58203
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $25,000 | $23,511 | $1,489 | $3,891 | $0 | $3,891 |
| December 31, 2024 | 990-EZ | $10,500 | $32,756 | -$22,256 | $2,402 | $0 | $2,402 |
| December 31, 2023 | 990-EZ | $58,000 | $69,362 | -$11,362 | $24,658 | $0 | $24,658 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $25,000
Expenses
- Compensation of officers, directors and key employees
- $3,000
- Salaries, compensation and benefits (total)
- $3,000
- Professional fees and payments to contractors
- $20,486
- Other expenses
- $25
Balance sheet and other
- Total assets, start of year
- $2,402
- Total assets, end of year
- $3,891
- Total liabilities, end of year
- $0
- Net assets, end of year
- $3,891
- Cash, savings and investments
- $3,891
- Gross receipts
- $25,000
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-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DELORE ZIMMERMAN | EXECUTIVE DIRECTOR | 1 | $3,000 |
| CHRIS WOLF | CO-CHAIR | 1 | $0 |
| KEITH LUND | DIRECTOR | 1 | $0 |
| MIKE MCLEAN | CO-CHAIR | 1 | $0 |
| SHANNON ROERS JONES | VICE-CHAIR | 1 | $0 |
| JOSEPH RASO | DIRECTOR | 1 | $0 |
| BARRY WILFAHRT | DIRECTOR | 1 | $0 |
| SHANNON FULL | DIRECTOR | 1 | $0 |
990-EZ for the year ended December 31, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DELORE ZIMMERMAN | EXECUTIVE DIRECTOR | 1 | $10,500 |
| CHRIS WOLF | PRESIDENT | 1 | $0 |
| KEITH LUND | SECRETARY/TREASURER | 1 | $0 |
| MIKE MCLEAN | DIRECTOR | 1 | $0 |
| SHANNON ROERS JONES | DIRECTOR | 1 | $0 |
| JOSEPH RASO | DIRECTOR | 1 | $0 |
| BARRY WILFAHRT | DIRECTOR | 1 | $0 |
| SHANNON FULL | DIRECTOR | 1 | $0 |
990-EZ for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DELORE ZIMMERMANN | EXECUTIVE DIRECTOR | 1 | $30,000 |
| BRIAN L JOHNSON | DIRECTOR | 1 | $0 |
| JUDD GRAHAM | PRESIDENT | 1 | $0 |
| JOSEPH RASO | DIRECTOR | 1 | $0 |
| KEITH LUND | SECRETARY/TREASURER | 1 | $0 |
| MIKE MCLEAN | DIRECTOR | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 120 N 4TH ST, GRAND FORKS, ND 58203-3722
- In care of
- % JAMES GARTIN
- Signed the 990-EZ
- SHANNON ROERS JONES, CO-CHAIR
- Phone
- (701) 364-1909
- Return prepared by
- BRADY MARTZ PLLC
Mission
TO IDENTIFY AND PROMOTE THE STRATEGIC ECONOMIC OPPORTUNITIES OF THE RED RIVER VALLEY REGION IN BOTH ND AND MN AND TO STRENGTHEN THE ECONOMIC OUTLOOK OF THE REGION.
Program accomplishments
- THE VALLEY PROSPERITY PARTNERSHIP ADVOCATED FOR STATE POLICY DURING THE 2025 NORTH DAKOTA LEGISLATIVE SESSION TO SUPPORT THE FOLLOWING PRIORITIES.THE RED RIVER WATER SUPPLY PROJECT WILL PROVIDE A SUPPLEMENTAL WATER OPTION TO CENTRAL NORTH DAKOTA AND THE RED RIVER VALLEY TO MITIGATE AGAINST DROUGHT CONDITIONS THAT WOULD CAUSE COSTLY WATER SHORTAGES. THE VPP CONTINUES TO ADVOCATE FOR ACCELERATION OF THE PROJECT TO REDUCE COSTS AND PUT THE PROJECT INTO OPERATION AS SOON AS POSSIBLE. THE PROJECT IS SLATED FOR COMPLETION IN 2031AT A COST OF $1.2 BILLION OF WHICH $953 MILLION IS STATE FUNDING AND THE REMAINDER IS COMMITTED BY LOCALITIES. THE EASTERN NORTH DAKOTA ALTERNATE WATER SUPPLY, WHICH MAKES USE OF THE MCCLUSKY CANAL AS AN ALTERNATE WATER SOURCE WILL SAVE MILLIONS OF DOLLARS IN CONSTRUCTION COSTS, AS WELL AS OPERATIONS AND MAINTENANCE COSTS. ONGOING FUNDING WAS SECURED IN THE 2025 LEGISLATIVE SESSION. BAKKEN EAST PIPELINE PROJECT PROPOSED BY WBI ENERGY IS A FORWARD-LOOKING INFRASTRUCTURE INVESTMENT THAT WILL NOT ONLY ENHANCE ENERGY RELIABILITY ACROSS NORTH DAKOTA BUT ALSO POSITION OUR STATE AS A COMPETITIVE DESTINATION FOR FUTURE OPPORTUNITIES IN MANUFACTURING, AG PROCESSING, AND HIGH-TECH INDUSTRIES SUCH AS DATA CENTERS. BY ENSURING A STABLE SUPPLY OF NATURAL GAS, THIS PROJECT WILL: ENABLE THE DEVELOPMENT OF ENERGY-INTENSIVE INDUSTRIES. SUPPORT SUSTAINABILITY GOALS THROUGH CLEANER-BURNING FUEL AND LOWER EMISSIONS. ATTRACT LONG-TERM INVESTMENT AND HIGH-PAYING JOBS TO OUR COMMUNITIES. DIVERSIFY OUR STATE'S ECONOMY BEYOND TRADITIONAL ENERGY SECTORS. IN ADDITION TO ITS ECONOMIC BENEFITS, THE PIPELINE WILL HELP REDUCE FLARING IN THE BAKKEN, IMPROVING ENVIRONMENTAL OUTCOMES AND PRESERVING VALUABLE RESOURCES THAT WOULD OTHERWISE BE WASTED. THE LEGISLATURE APPROVED AN UP TO $50 MILLION ANNUAL PURCHASE GAP FOR UP TO 10 YEARS TO SUPPORT THE PROJECT'S OPERATION IN 2025. THE PROJECT IS EXPECTED TO BE COMPLETED BY THE PIPELINE REACHING CASS COUNTY IN 2030. THE AVAILABILITY, AFFORDABILITY, AND QUALITY OF CHILDCARE SERVICES IS A FORMIDABLE BARRIER TO WORKFORCE PARTICIPATION IN ALL SECTORS OF THE ECONOMY. THE VPP SUPPORTED FUNDING TO INCREASE ELIGIBILITY FOR CHILDCARE ASSISTANCE PAYMENTS (CCAP), FOR ENHANCED ASSISTANCE FOR INFANT AND TODDLERS, FOR AN EMPLOYER-LED COST-SHARE PROGRAM, FOR A NON-TRADITIONAL HOURS-OF-CARE PILOT PROGRAM, AND GRANTS FOR PROVIDER SHARED SERVICES AND START-UPS, AND FOR STREAMLINING BACKGROUND CHECKS. THE RED RIVER VALLEY CONTINUES TO FACE CRITICAL WORKFORCE CHALLENGES. THE VPP'S FOCUS IN 2025 WAS TO ADVOCATE FOR AN INCREASE OF FUNDING FOR OPERATION INTERN AND THE REGIONAL WORKFORCE IMPACT PROGRAM TO EMPOWER LOCALLY LED SOLUTIONS TO ONE OF THE STATE'S GREATEST CHALLENGES. WORKFORCE NEEDS VARY BY REGION THROUGHOUT NORTH DAKOTA, SO A ONE SIZE FITS ALL APPROACH IS UNREALISTIC AND WOULD NOT ADEQUATELY ADDRESS CHALLENGES IN ALL PARTS OF THE STATE. BY CREATING A REGIONAL FUNDING MECHANISM TO SUPPORT WORKFORCE INITIATIVES, LOCAL AND REGIONAL PARTNERS CAN ARTICULATE THEIR NEEDS AND THE ABILITY TO ACCESS FUNDING TO ADDRESS THEM. INTERNSHIPS ARE A PROVEN WAY TO CONNECT COMPANIES WITH YOUNG PEOPLE WHOSE INTERESTS AND CAPABILITIES MATCH, THEREBY FILLING JOBS IN THE STATE. EACH OF THESE PROGRAMS RECEIVED AN APPROPRIATION IN THE 2025 LEGISLATIVE SESSION. THE VPP SUPPORTED EFFORTS TO PROVIDE FUNDING FOR THE GRAND FORKS CHILDREN'S MUSEUM AND THE FARGO-MOORHEAD SCIENCE MUSEUM. THE GRAND FORKS MUSEUM IS INTENDED AS A HANDS-ON SCIENCE CENTER THAT WILL FEATURE INTERACTIVE EXHIBITS AND PROGRAMS FOCUSED ON STEAM (SCIENCE, TECHNOLOGY, ENGINEERING, ARTS, AND MATHEMATICS), HIGHLIGHTING REGIONAL INDUSTRIES AND RESOURCES. IN FARGO, THE FARGO-MOORHEAD SCIENCE MUSEUM IS INTENDED TO BE A REGIONAL DESTINATION FOR STEM LEARNING WITH INTERACTIVE EXHIBITS. FUNDING FOR BOTH MUSEUMS WAS SECURED IN THE 2025 LEGISLATIVE SESSION.
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 46-1988505
- 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
- 2015
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Community improvement and capacity building (S20)
- Assets (IRS master file)
- $3,891
- Income (IRS master file)
- $25,000
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $25,000 | $23,511 | $3,891 | XML |
| 990-EZ | December 2024 | $10,500 | $32,756 | $2,402 | XML |
| 990-EZ | December 2023 | $58,000 | $69,362 | $24,658 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | 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 46-1988505).
Questions about VALLEY PROSPERITY PARTNERSHIP
- What is the EIN of VALLEY PROSPERITY PARTNERSHIP?
- The employer identification number (EIN) of VALLEY PROSPERITY PARTNERSHIP is 46-1988505.
- Is VALLEY PROSPERITY PARTNERSHIP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
- Are donations to VALLEY PROSPERITY PARTNERSHIP tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does VALLEY PROSPERITY PARTNERSHIP file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of VALLEY PROSPERITY PARTNERSHIP 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 VALLEY PROSPERITY PARTNERSHIP last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of VALLEY PROSPERITY PARTNERSHIP?
- The 990-EZ for the year ended December 31, 2025 lists 8 people; 1 received compensation from the organization, the highest $3,000 (DELORE ZIMMERMAN, EXECUTIVE DIRECTOR).
- How much revenue does VALLEY PROSPERITY PARTNERSHIP have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $25,000, expenses of $23,511 and total assets of $3,891 at year end.
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- GRAND FORKS BUILDERS AND TRADERS EXCHANGE EIN 27-1476706 · last filed 990-EZ for 2025
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- GREATER GRAND FORKS YOUNG PROFESSIONALS EIN 32-0134204 · last filed 990 for 2025
- NORTH DAKOTA UAS COUNCIL EIN 87-4441707 · last filed 990 for 2025
All nonprofits in GRAND FORKS · North Dakota · Community improvement and capacity building