EIN 81-3097290

Downtown Moorhead

IRS 501(c) type
501(c)(6)
Num. employees
1
Year formed
2019
Most recent tax filings
2023-12-01
Description
Downtown Moorhead Incorporated dedicates itself to promoting beneficial economic growth and business development by developing policies, advocating for change, and managing programs. Plans have emerged and interest has swirled around Downtown Moorhead as the urban landscape is ready for change. Moorhead, MN continues to grow and saw comprehensive progress over the past year, including the 2022 onward Moorhead! Comprehensive plan that will guide development.
Total revenues
$227,400
2023
Total expenses
$188,308
2023
Total assets
$200,832
2023
Num. employees
1
2023

Program areas at Downtown Moorhead

Moorhead is on the rise and 2023 reflected that. We saw that tremendous growth and are proud to say that Moorhead had another record permit year and having more single-family housing start than west fargo and fargo. We continue to see success year-after-year with business certainly, strong local support, and hard work. There are several projects ready to start in 2024 and these projects will transform Moorhead for generations!downtown Moorhead redevelopment project, library/community center, and 11th street underpass- demolition continues on the former Moorhead center mall site as the preparations begin for the contruction on the new library/community center, city hall renovation, and future mixed-use developments. The demolition, site preparation, and future infrastructure will be supported by the recently approved tax increment financing (tif) district and multiple state of Minnesota grants. The site was awarded four main street grants and a $1 million deed redevelopment grant. We anticipate the library/community center and a $40 million mixed-use development on the east end of the site will break ground in the next month. We are excited for these wonderful projects to start and see the energy build around the redevelopment.- the Moorhead center mall remains open and has several businesses in operation. This is in transition as all businesses have an operation plan with several business relocating within Moorhead and a couple of business owners retiring. We are receiving many inquires and questions regarding the Downtown redevelopment plan. We encourage the residents, businesses, and perspective developers to check out the project website www.moretomoorhead.com.- the Minnesota department of transportation (mn dot) and the city of Moorhead have partnered to construct an underpass at 11th street in Moorhead. The project includes two grad separations of 11th street under the bnsf rail lines, paving, pedestrian accessibility (ada) improvements, utility replacements, and signals. Moorhead is bisected by multiple rail lines and this project provides many safety and mobility benefits by removing crossing blockages caused by heavy rail traffic. When completed, the 11th street grade separation project will enable traffic, bicyclists, and pedestrians to travel under the rail lines that go through town.we are excited for the futurre of our organization and the value that we are providing to the regional community!

Personnel at Downtown Moorhead

NameTitleCompensation
Derrick LapointPresident$154,000
Jon RiewerVice Chair and Secretary$0
Steve D ScheelDirector$0
Ted HoranBoard Chair$0
Joe WatzkeTreasurer$0

Financials for Downtown Moorhead

RevenuesFYE 12/2023
Total grants, contributions, etc.$93,500
Program services$133,900
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$227,400

Form 990s for Downtown Moorhead

Fiscal year endingDate received by IRSFormPDF link
2023-122024-08-09990View PDF
2022-122023-05-09990View PDF
2021-122022-05-11990View PDF
2020-122021-05-24990EZView PDF
2019-122020-12-02990View PDF
...and 1 more Form 990
Data update history
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 20, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 3, 2023
Updated personnel
Identified 2 new personnel
August 22, 2021
Posted financials
Added Form 990 for fiscal year 2019
July 15, 2021
Posted financials
Added Form 990EZ for fiscal year 2020
Nonprofit Types
Public sector nonprofitsBusiness and community development organizations
Issues
Community improvementEconomic developmentBusiness and industry
Characteristics
State / local levelReceives government funding
General information
Address
200 5th St S Ste 203
Moorhead, MN 56560
Metro area
Fargo, ND-MN
County
Clay County, MN
Website URL
dtmoorhead.org/ 
Phone
(218) 443-1361
IRS details
EIN
81-3097290
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2019
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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