Red River Valley Research Corridor in Grand Forks, North Dakota (ND)

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Red River Valley Research Corridor
Employer Identification Number (EIN)262830619
Name of OrganizationRed River Valley Research Corridor
In Care of NameDelore Zimmerman
Address33 S 3rd St Ste C, Grand Forks, ND 58201-4789
SubsectionEducational Organization
Ruling Date02/2011
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$1 to $9,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$1,308
Amount of Income$159,393
Form 990 Revenue Amount$159,393
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Economic Development


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Amount of income in 2013: $159,393 (it was $152,899 in 2012)
This organization: 

 $159,393
Other organizations performing similar types of work: 

 $135,279

Assets in 2013: $1,308 (it was $920 in 2012)
Red River Valley Research Corridor: 

 $1,308
Other organizations performing similar types of work: 

 $114,906

Expenses in 2012: $151,092
Red River Valley Research Corridor: 

 $151,092
Other organizations performing similar types of work: 

 $121,073

Income to expenses ratio in 2012: 1.1
This organization: 

 1.1
Other organizations performing similar types of work: 

 1.4

Grants share in income in 2012: 91.4%
This organization: 

 91.4%
Other organizations performing similar types of work: 

 8.8%

Financial snapshot ($)

Revenue for 2012

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$152,899
Contributions, gifts, grants, and similar amounts received$139,805
Program service revenue including government fees and contracts$0
Membership dues and assessments$13,000
Investment income$0
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$94
Total expenses$151,092
Total net assets$920
Excess for the year$1,807
Net assets or fund balances at beginning of year$-887
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$920
Total liabilities$0
Net assets or fund balances$920
Other Information (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2012)
2008 - 2012 Total
Total Support$152,805
Gifts, grants, contributions, and membership fees received$152,805
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$0
Gross receipts from related activities, etc.$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1West River Foundation For Economic And Community DevelopmentPO BOX 605, Sturgis, SD 57785-0605SD2000-10$1,093,865
2West Penn Power Sustainable Energy Fund40 North Pennsylvania Avenue, Greensburg, PA 15601-2341PA2000-07$30,412,808
3Louisiana State University System Research And Technology Foundation101 Letc 110 Lsu Union Sq, Baton Rouge, LA 70803-0001LA2007-11$20,520,539
4South Alabama Regional Planning Commission651 Church St, Mobile, AL 36602-1603AL1999-11$17,329,776
5Pidc-Local Development Corporation1500 Market St Ste 2600w, Philadelphia, PA 19102-2115PA2011-02$13,091,627
6Whole Planet Foundation550 Bowie St, Austin, TX 78703-4644TX2007-07$12,991,792
7Chicago Neighborhood Initiatives Inc1000 E 111th Street No 10 Flr, Chicago, IL 60628-4614IL2010-08$11,964,086
8North Dakota Trade Office IncPO BOX 6050 DEPARTMENT 0510, Fargo, ND 58108-6050ND2005-01$3,080,912
9Wolf Run Village IncPO BOX 2286, Watford City, ND 58854-2286ND2013-08$2,415,108
10Dakota Certified Development Corporation4133 30th Ave S Ste 100, Fargo, ND 58104-8421ND1998-11$1,304,512
11Hillsboro Economic Development CorporationPO BOX 502, Hillsboro, ND 58045-0502ND2006-08$456,689
12Common Enterprise Development Corporation400 W Main St, Mandan, ND 58554-3145ND2011-01$385,489
13Binford Economic Development CorporationPO BOX 205, Binford, ND 58416-0205ND2007-05$221,174
14Cooperstown-Griggs County Economic Development CorporationPO BOX 553, Cooperstown, ND 58425-0553ND2002-09$164,714
15Red River Valley Research Corridor33 S 3rd St Ste C, Grand Forks, ND 58201-4789ND2011-02$159,393
16Cavalier Technology Center, Bert OlsonPO BOX 383, Cavalier, ND 58220-0383ND2002-06$0
17Dakota Heartland Champion Community108 Main St N Po Box 67, Lehr, ND 58460ND2003-10$0
18Dakota State Line Regional Alliance IncPo Box 365, Oakes, ND 58474-0365ND2003-01$0
19Downtown Bismarck Community FoundationPo Box 521, Bismarck, ND 58502ND2014-09$0
20South Segment Community Development Corporation, Sscdc426 7th Ave S Ste D, New Rockford, ND 58356-2112ND2015-03$0
Number of organizations performing similar types of work
Alaska23
Alabama64
Arkansas29
Arizona41
California299
Colorado47
Connecticut39
District of Columbia35
Delaware8
Florida134
Georgia71
Hawaii27
Iowa63
Idaho15
Illinois108
Indiana79
Kansas46
Kentucky50
Louisiana73
Massachusetts46
Maryland54
Maine37
Michigan101
Minnesota55
Missouri99
Mississippi38
Montana36
North Carolina125
North Dakota13
Nebraska37
New Hampshire25
New Jersey61
New Mexico41
Nevada16
New York213
Ohio149
Oklahoma39
Oregon51
Pennsylvania173
Rhode Island6
South Carolina63
South Dakota34
Tennessee56
Texas168
Utah17
Virginia62
Vermont16
Washington47
Wisconsin61
West Virginia39
Wyoming14
International10
Total3,253

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