Valley Golf Association: Nonprofit Profile, Financials & Form 990 (EIN 23-7139538)

Revenue by fiscal year
FY2020	$584K
FY2021	$589K
FY2022	$543K
FY2023	$607K
FY2024	$739K
FY2025	$815K

Expenses by fiscal year
FY2020	$472K
FY2021	$582K
FY2022	$577K
FY2023	$618K
FY2024	$601K
FY2025	$683K

Net assets by fiscal year
FY2020	$152K
FY2021	$159K
FY2022	$125K
FY2023	$113K
FY2024	$251K
FY2025	$383K

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Nov 1971.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

97 cents of each dollar spent went to programs.

97%

Program services 97% · $661K Management & general 3% · $22K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

8 people listed on the 990.

Part VII, Section A · reportable compensation

Jim Enright

Secretary

$0Pt VII · Sec A

Chad Frost

President

$0Pt VII · Sec A

Brian Loer

Treasurer

$0Pt VII · Sec A

Mark Miller

Director

$0Pt VII · Sec A

Steve Ristau

Director

$0Pt VII · Sec A

Andrew Robertson

Director

$0Pt VII · Sec A

Tony Stattine

Director

$0Pt VII · Sec A

Kevin Weber

Vice Preside

$0Pt VII · Sec A

See Valley Golf Association executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

Family or business ties among officersPt VI · Ln 2No
Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides recreational golf programs for East Grand Forks, Minnesota residents.

Questions for Valley Golf Association

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1 program · $661K · in their own filed words · FY2025

01

To provide a recreational golf facility whose program services serve the residents of east grand forks, minnesota.

Form 990 Part III, line 4, FY2025. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 23-7139538) · Dispute this line

$661Kprogram expense

By the numbers

The FY2025 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$815K

Ln 12

Fees for servicesLn 2g$588K

Other incomeLn 4–11$220K

Investment incomeLn 3$4K

Money outPt IX

$683K

Ln 25

Programscol B$661K

Managementcol C$22K

Owns and owesPt X

$383K

net assets · Ln 32

Cash and savingsLn 1–2$245K

Total assetsLn 16$585K

LiabilitiesLn 26$202K

PeoplePt VI, VII

8

listed · VII A

PaidVII A0

Voting boardVI 1a8

IndependentVI 1b8

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$2K

Noncash giftsLn 1g$2K

Fees for servicesLn 2g$588K

Investment incomeLn 3$4K

Other incomeLn 4–11$220K

Gains on assetsLn 7$4K

Total revenueLn 12$815K

Assets in detailPt X, end of year

CashLn 1$44K

SavingsLn 2$201K

Cash and savings togetherLn 1–2$245K

Inventories for sale or useLn 8$24K

Land, buildings, equipmentLn 10c$316K

Total assetsLn 16$585K

LiabilitiesLn 26$202K

Net assetsLn 32$383K

OperationsPt I, VI

EmployeesI 546

VolunteersI 60

Fiscal year endsHeaderDecember

Conflict-of-interest policyVI 12aNo

Whistleblower policyVI 13No

Records policyVI 14No

3Year over year

Balance sheet, start vs end of yearPt X · col A, B

Line	Start FY25	End FY25
Cash and savingsLn 1–2	$192K	$245K
Land, buildings, equipmentLn 10c	$288K	$316K
Total assetsLn 16	$501K	$585K
LiabilitiesLn 26	$250K	$202K
Net assetsLn 32	$251K	$383K

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Other salaries and wagesLn 7	$317K	$317K
Pension plan contributionsLn 8	$4K	$4K
Payroll taxesLn 10	$31K	$31K
Accounting feesLn 11c	$54K	$32K	$22K
Lobbying feesLn 11d	$97	$97
Advertising and promotionLn 12	$12K	$12K
Office expensesLn 13	$820	$820
InterestLn 20	$9K	$9K
Depreciation, depletion and amortizationLn 22	$41K	$41K
InsuranceLn 23	$29K	$29K
Other expenses (24a–d)Ln 24	$146K	$146K
All other expensesLn 24e	$39K	$39K
Total functional expensesLn 25	$683K	$661K	$22K	$0

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2025 Latest ViewingFiled with the IRS Jul 15, 2026	$815K	$683K	$132K	$383K	990 PDF
FY2024Filed with the IRS Oct 24, 2025	$739K	$601K	$138K	$251K	990 PDF
FY2023Filed with the IRS Aug 7, 2024	$607K	$618K	−$11K	$113K	990 PDF
FY2022Filed with the IRS Nov 6, 2023	$543K	$577K	−$34K	$125K	990 PDF
FY2021Filed with the IRS Nov 17, 2022	$589K	$582K	$7K	$159K	990 PDF
FY2020Filed with the IRS Jun 30, 2021	$584K	$472K	$112K	$152K	990 PDF

Schedules filed Part IV

D · Assets and endowments O · Explanations

See the full FY2025 990

Part I · Summary $814,631 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $2,000$2,250

I-9 Program service revenuePrior year $519,122$587,906

I-10 Investment incomePrior year $352$4,481

I-11 Other revenuePrior year $217,545$219,994

I-12 Total revenuePrior year $739,019$814,631

I-13 Grants and similar amounts paid$0

I-14 Benefits paid to members$0

I-15 Salaries and benefitsPrior year $320,046$351,845

I-16a Professional fundraising fees$0

I-17 Other expensesPrior year $281,435$330,945

I-18 Total expensesPrior year $601,481$682,790

I-19 Revenue less expensesPrior year $137,538$131,841

Part VI · Governance 8 of 8 board members independent, 4 to look at

VI-1a Voting members of the governing body8

VI-1b Independent voting members8

VI-12a Written conflict of interest policyNo

VI-13 Written whistleblower policyNo

VI-14 Document retention and destruction policyNo

VI-15a Process for setting top official's payNo

VI-2 Family or business relationship among officers or directorsNo

Part VIII · Statement of revenue $814,631 across 7 lines filed

Lines not itemized here account for $266,425 of total revenue; see the IRS return.

VIII-1f All other contributions, gifts and grants$2,250

VIII-1g Noncash contributions (included above)$2,000

VIII-1h Total contributions, gifts and grants$2,250

VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $541,475$541,475

VIII-3 Investment incomeExcluded from tax $481$481

VIII-7 Net gain or loss on sales of assetsRelated to mission $4,000$4,000

VIII-12 Total revenueRelated to mission $811,900 · Excluded from tax $481$814,631

Part IX · Statement of functional expenses $682,790 across 12 lines filed

IX-7 Other salaries and wagesPrograms $316,705$316,705

IX-8 Pension plan contributionsPrograms $3,967$3,967

IX-10 Payroll taxesPrograms $31,173$31,173

IX-11c Accounting feesPrograms $31,654 · Management $22,140$53,794

IX-11d Lobbying feesPrograms $97$97

IX-12 Advertising and promotionPrograms $11,830$11,830

IX-13 Office expensesPrograms $820$820

IX-20 InterestPrograms $8,957$8,957

IX-22 Depreciation, depletion and amortizationPrograms $41,180$41,180

IX-23 InsurancePrograms $28,704$28,704

IX-24 Other expenses (24a–d)Programs $146,322$146,322

IX-24e All other expensesPrograms $39,241$39,241

IX-25 Total functional expensesPrograms $660,650 · Management $22,140 · Fundraising $0$682,790

Part X · Balance sheet $584,711 assets, 13 lines filed

X-1 Cash, non-interest-bearingStart of year $29,094$43,633

X-2 Savings and temporary cash investmentsStart of year $163,002$201,483

X-8 Inventories for sale or useStart of year $21,535$23,893

X-10c Land, buildings and equipment, netStart of year $287,512$315,702

X-16 Total assetsStart of year $501,318$584,711

X-17 Accounts payable and accrued expensesStart of year $49,008$55,008

X-19 Deferred revenueStart of year $17,918$25,058

X-23 Secured mortgages and notes payableStart of year $183,387$121,799

X-26 Total liabilitiesStart of year $250,313$201,865

X-29 Capital stock or trust principalStart of year $279,900$279,900

X-31 Retained earnings or endowmentStart of year −$28,895$102,946

X-32 Total net assets or fund balancesStart of year $251,005$382,846

X-33 Total liabilities and net assetsStart of year $501,318$584,711

Part XI · Reconciliation of net assets $382,846 net assets at year end

XI-1 Total revenue$814,631

XI-2 Total expenses$682,790

XI-3 Revenue less expenses$131,841

XI-4 Net assets at start of year$251,005

XI-10 Net assets at end of year$382,846

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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Valley Golf Association

Before you give

Is it real?

Where the money goes

Who runs it and what they're paid

Questions the 990 asks

Programs and updates

Questions for Valley Golf Association

By the numbers

Filing history

Schedules filed Part IV