Public Charity

GREATER FARGO MOORHEAD ECONOMIC DEVELOPMENT CORPORATION

Based in FARGO, ND, GREATER FARGO MOORHEAD ECONOMIC DEVELOPMENT CORPORATION operates as a Public Charity. The organization reported $3.4M in revenue, $3.3M in expenses, $1.9M in total assets for fiscal year 2024. Imperigo tracks 24 reported grant relationships connected to this organization totaling approximately $629K.

EIN: 456011769 FARGO, ND Urban & Community Economic Development NTEE: S31 Latest filing: 2024
Total Revenue$3.4M
Total Expenses$3.3M
Total Assets$1.9M
Grant Records24
Funding Total$629K
Filing Years2020–2024

Mission

THE GREATER FARGO MOORHEAD ECONOMIC DEVELOPMENT CORPORATION (GFMEDC) IS A CATALYST FOR ECONOMIC GROWTH AND PROSPERITY. USING A COMPREHENSIVE APPROACH TO ECONOMIC DEVELOPMENT, THE GFMEDC ACCELERATES JOB AND WEALTH CREATION IN CASS COUNTY, ND AND CLAY COUNTY, MN.

Where $100 goes at Greater Fargo Moorhead Economic Development Corporation

How Greater Fargo Moorhead Economic Development Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$66 Programs the work itself
$34 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $66 for programs

$36
Our overarching mission of the gfmedc is to lead the development of a robust economy where people and businesses thrive which includes efforts to:- strategically pursue job creation…
55% of program spending · Reported in the filing: 221 jobs
$30
The objective of the workforce recruitment and retention program is to assist primary sector business located in cass county, nd and clay county, mn with the recruitment and…
45% of program spending
<$1
Entrepreneurial development
0% of program spending · Reported in the filing: 221 jobs; 289 jobs; 510 jobs

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

AGENCY DIRECTOR Bernie Dardis
EXECUTIVE COMMITTEE Chad Peterson
EXECUTIVE COMMITTEE David Ebinger
CHAIR ELECT Don Campbell
EXECUTIVE COMMITTEE Dr Carrie Brimhall
AGENCY DIRECTOR Dr Tim Mahoney

Officer compensation and complete director data available with membership.

Top Grant Purposes

Economic Development
$405,000 9 grants
General Support
$216,515 13 grants
Fundraising & Sponsorship
$7,500 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $3.4M $3.3M $1.9M
2023 $2.0M $2.1M $2.3M
2022 $1.8M $1.5M $2.8M
2021 $1.4M $1.6M $2.0M
2020 $1.6M $1.5M $2.1M

Between 2020 and 2024, reported annual revenue grew from $1.6M to $3.4M (+116%), with total assets most recently reported at $1.9M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for GREATER FARGO MOORHEAD ECONOMIC DEVELOPMENT CORPORATION

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