Overview
What is Greater Fargo Moorhead Economic Development Corporation?
The Greater Fargo Moorhead Economic Development Corporation, abbreviated as GFMEDC, is a nonprofit organization situated in Fargo, North Dakota. Its primary objective is to foster economic growth and prosperity in Cass County, North Dakota, and Clay County, Minnesota. The organization achieves this goal by pursuing strategic initiatives such as job creation, business attraction, and workforce development. GFMEDC supports companies with demand-driven workforce development and promotes a thriving entrepreneurial ecosystem. By collaborating with public and private sectors, as well as partner organizations, GFMEDC simplifies business processes in the region, ultimately enhancing business activities within its jurisdiction. The aim is to improve the economic well-being of the local community, and GFMEDC works closely with state departments and directly with site selectors and companies to attract new businesses to the area. With a team of 9 dedicated individuals, GFMEDC plays a significant role in the economic development of the Fargo-Moorhead Metropolitan Statistical Area (MSA).
Official website here: www.gfmedc.com
Is Greater Fargo Moorhead Economic Development Corporation legitimate?
Greater Fargo Moorhead Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greater Fargo Moorhead Economic Development Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $299,236
Professional Fundraising Fees: $0
Other Salaries and Wages: $657,860
For more financial information, click here
Official website here: www.gfmedc.com
What is the mission statement of Greater Fargo Moorhead Economic Development Corporation?
The Greater Fargo Moorhead Economic Development Corporation (GFMEDC) serves as a catalyst for economic growth and prosperity, focusing on Cass County, North Dakota, and Clay County, Minnesota. Adopting a comprehensive approach to economic development, the GFMEDC accelerates job and wealth creation in these areas by strategically pursuing job creation and business attraction, supporting companies with demand-driven workforce development, fostering a vibrant entrepreneurial ecosystem, and collaborating with various sectors and partner organizations to enhance business processes. The organization aims to promote and develop the industrial and economic development of the region, improving the overall economic well-being of its residents by facilitating job creation through programs and activities. The GFMEDC works closely with state departments and directly with site selectors and companies to attract new businesses to the two-county region.
Official website here: www.gfmedc.com
Who is the CEO of Greater Fargo Moorhead Economic Development Corporation?
Joseph M Raso is the Chair of Greater Fargo Moorhead Economic Development Corporation. The CEO's salary of Greater Fargo Moorhead Economic Development Corporation is $299,236 and their total compensation is $319,417.
Official website here: www.gfmedc.com
What is the revenue of Greater Fargo Moorhead Economic Development Corporation?
Greater Fargo Moorhead Economic Development Corporation's revenue in 2022 was $1,756,117.
Official website here: www.gfmedc.com
Who are the executives of Greater Fargo Moorhead Economic Development Corporation and what are their salaries?
The average compensation at Greater Fargo Moorhead Economic Development Corporation during 2022 was $106,344. There are 9 employees and 50 volunteers at Greater Fargo Moorhead Economic Development Corporation.
Here are 42 key members and their salaries (Greater Fargo Moorhead Economic Development Corporation's CEO's salary is $299,236 and their total compensation is $319,417):
- Joseph Raso (President/Ceo)
- Ryan Aasheim (Chief Business Development Officer)
- John Machacek (Chief Innovation Officer)
- Judd Graham (Chair) [Trustee/Director]
- Marshal Albright (Vice President) [Trustee/Director]
- Jim Buus (Secretary) [Trustee/Director]
- Chad Peterson (Executive Committee) [Trustee/Director]
- David Ebinger (Executive Committee) [Trustee/Director]
- Teresa Warne (Executive Committee) [Trustee/Director]
- Bryan Nermoe Resigned 3302022 (Executive Committee) [Trustee/Director]
- David Batcheller (At-Large Director)
- David White (At-Large Director)
- Al Hurley (At-Large Director)
- David Runsvold (Executive Committee) [Trustee/Director]
- James Sweeney (At-Large Director)
- Kevin Moug (At-Large Director)
- Mike Arntson (Executive Committee) [Trustee/Director]
- Tim Curoe (At-Large Director)
- Eric Christianson (At-Large Director)
- Kevin Biffert (At-Large Director)
- Dr Anne Blackhurst (Agency Director)
- Dr Dean Bresciani Resigned 62022 (Agency Director)
- Rick Steen (Agency Director)
- Bernie Sinner (Agency Director)
- Dave Piepkorn (Agency Director)
- Dr Tim Mahoney (Agency Director)
- Dr William Craft (Agency Director)
- Bernie Dardis (Agency Director)
- Matt Gilbertson (Agency Director)
- Tony Grindberg (Community Director)
- Holly Anderson Battocchi (Community Director)
- Dr Rupak Gandhi (Honorary Member) [Trustee/Director]
- Beth Slette (Honorary Member) [Trustee/Director]
- Dr Carrie Brimhall (Honorary Member) [Trustee/Director]
- Dr John Richman (Honorary Member) [Trustee/Director]
- Brandon Lunak (Honorary Member) [Trustee/Director]
- Don Campbell (Treasurer) [Trustee/Director]
- Dr David Cook (Agency Director)
- Jenna Kahly (Agency Director)
- Tanya Schmidt (Community Director)
- Dr Rod Flanigan (Honorary Member) [Trustee/Director]
- Tiffany Lawrence (Executive Committee) [Trustee/Director]
Official website here: www.gfmedc.com
Where can I find the form 990 for Greater Fargo Moorhead Economic Development Corporation?
The Greater Fargo Moorhead Economic Development Corporation’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.gfmedc.com
Learn more at the official website: www.gfmedc.com
Mission Statement of Greater Fargo Moorhead Economic Development Corporation
The Greater Fargo Moorhead Economic Development Corporation, often referred to as GFMEDC, is a catalyst for economic growth and prosperity in Cass County, North Dakota, and Clay County, Minnesota. With a comprehensive approach to economic development, the GFMEDC accelerates job and wealth creation in these regions. The organization's mission is to lead the development of a robust economy where people and businesses thrive.
Strategically pursuing job creation and business attraction, the GFMEDC works with and supports companies by addressing their demand-driven workforce development needs. The corporation also fosters a vibrant entrepreneurial ecosystem, collaborating with public and private sectors, as well as partner organizations, to enhance programs and processes that make doing business easier in the region.
The GFMEDC promotes and develops the industrial and economic development of Cass County, North Dakota, and Clay County, Minnesota, with the aim of improving the economic well-being of its residents. By facilitating job creation, informing existing and potential businesses about the benefits of locating business in the region, and working closely with the North Dakota Department of Commerce and Minnesota Department of Employment and Economic Development, as well as directly with site selectors and companies, the GFMEDC strives to bring new businesses to the 2-county region. The overall goal is to create a prosperous and thriving community where individuals and businesses can flourish.
Impact
This information is meant to be a general summary of Greater Fargo Moorhead Economic Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
The impact of the Greater Fargo Moorhead Economic Development Corporation is significant in accelerating job and wealth creation in Cass County, North Dakota, and Clay County, Minnesota. By strategically pursuing job creation, business attraction, and supporting a vibrant entrepreneurial ecosystem, the organization plays a vital role in growing and diversifying the economies of the region. Through collaboration with public and private sectors, as well as partner organizations, the GFMEDC works to make doing business easier in the area, ultimately improving the economic well-being of residents. Overall, the GFMEDC serves as a catalyst for economic growth and prosperity in the Fargo-Moorhead metropolitan area.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
JOB TRAINING PROGRAM
Revenue
$46,379
Organization Details
Founding Year
1946
Phone
(701) 364-1900
Principal Officer
Joseph M Raso
Main Address
51 BROADWAY 500, FARGO, ND, 58102
Website
www.gfmedc.com
NTEE Category
Code: S31 - Community improvement
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