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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Minot State University Development Foundation

Minot State University Development Foundation

Fiscal year ending 2024. Filed on May 12, 2025.

500 University Ave W
Minot, North Dakota 58707

Minot State University Development Foundation (EIN: 45-0344784) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Minot State University Development Foundation, a 501(c)(3) charitable organization, reported compensation for 2 employees. Among the employees shown here, the average compensation is $268,686. The highest compensated employee at Minot State University Development Foundation is Dr Steve Shirley with fiscal year 2024 compensation of $351,666.

Revenue, expenses, and employee compensation

Revenue

$5,668,064

Expenses

$5,668,219

Employee compensation

$584,341
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Dr Steve Shirley
Director ex officio
$351,666
$0 $259,339 $92,327
Rick Hedberg
Executive Director (Ex-Off
$185,705
$0 $145,310 $40,395

Benchmark Employee Compensation

Non-Employee Board Members

Krista Lambrecht
Treasurer ex officio
$9,140
$0 $8,379 $761
David Gowan
Director
No compensation reported
Bob Sando
Director
No compensation reported
Jarid Lundeen
Director
No compensation reported
Leslie Coughlin
Director
No compensation reported
Kent Kirkhammer
Director
No compensation reported
Tom Probst
Director
No compensation reported
Dan Langemo
Vice President
No compensation reported
Kathy Aas
Director
No compensation reported
Myron Thompson
Director
No compensation reported
Jon Backes
President
No compensation reported
Karen Krebsbach
Director
No compensation reported

Mission Statement

TO ESTABLISH, PROMOTE AND STIMULATE VOLUNTARY FINANCIAL SUPPORT FOR THE BENEFIT OF MINOT STATE UNIVERSITY, ESPECIALLY IN BUILDING OF ENDOWMENT AND IN ADDRESSING THE LONG-TERM PRIORITIES OF THE UNIVERSITY.

Revisions to this organization profile

May 12, 2025:
2024 Minot State University Development Foundation 990 filed
May 15, 2024:
2023 Minot State University Development Foundation 990 filed
January 27, 2023:
2022 Minot State University Development Foundation 990 filed

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