AUMdb

Minot State University Development Foundation

EIN 450344784 · 501(c)(3) · Public charity · Minot, ND · recognized 2026

Assets
$61.7M
Revenue
$5.7M
Expenses
$5.7M
Investment income
$1.4M

Form 990 fiscal year ended 06/30/2024

Investment managers

Advisory firms linked via Form 990 Part VII independent contractors.

No linked investment managers yet.

Highest-paid contractors

Form 990 Part VII-B, independent contractors paid over $100k.

None reported.

Officers & directors

Form 990 Part VII-A for the latest fiscal year.

Name Title Compensation Other
Dr Steve Shirley Director (ex-officio) $259,339 $92,327
Rick Hedberg Executive director (ex-off $145,310 $40,395
Krista Lambrecht Treasurer (ex-officio) $8,379 $761
Jon Backes President $0 $0
Jarid Lundeen Director $0 $0
Myron Thompson Director $0 $0
Kathy Aas Director $0 $0
Bob Sando Director $0 $0
Dan Langemo Vice president $0 $0
David Gowan Director $0 $0
Karen Krebsbach Director $0 $0
Tom Probst Director $0 $0
Kent Kirkhammer Director $0 $0
Leslie Coughlin Director $0 $0