Organizations Filed Purposes:
The mission of the Minot Area Development Corporation is to facilitate the retention, expansion, start-up and relocation of primary sector businesses in the Minot area to diversify and grow the region's economy.
The Minot Area Development Corporation (MADC) is committed to successfully growing the economy in the Minot area. Together with the support of our investors, the City of Minot, Ward County, and the state of North Dakota, MADC strives to increase employment and provide continued economic stability for the area. Through the successful recruitment, retention, and/or expansion of many businesses, new jobs have come to the Minot trade area. These new jobs create new wealth that flows down through our entire community, thus promising a more prosperous future for all Minot residents.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Stephanie Hoffart | President/CEO (Jan-Oct) | 40 | $146,006 |
| John Macmartin | Interim Exec Dir starting Nov | 40 | $0 |
| Dr Mark Vollmer | Director | 1 | $0 |
| Dr Steven Shirley | Director | 1 | $0 |
| Curt Olson | Director | 1 | $0 |
| Stacy Norton | Director | 1 | $0 |
| Jonn Knecht | Director | 1 | $0 |
| Kevin Black | Director | 1 | $0 |
| Shaun Sipma | Mayor | 1 | $0 |
| Alan Walter | County Commissioner | 1 | $0 |
| Jim Rostad | Past Chair | 1 | $0 |
| Ryan Ackerman | Secretary/Treasurer | 1 | $0 |
| Randy Hauck | Vice Chair | 1 | $0 |
| Brekka Kramer | Chair | 1 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202023189349309102_public.xml