Headwaters Resource Conservation And Development Area Inc
- Assets
- $5.7m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 8
- Location
- Butte, MT
- Founding
- 08/1994
- Data as of
- 12/2021
- EIN
- 23-7380551
Organization Overview
Headwaters Resource Conservation And Development Area Inc is located in Butte, MT. The organization was established in 1994. According to its NTEE Classification (C30) the organization is classified as: Natural Resources Conservation & Protection, under the broad grouping of Environment and related organizations. As of 12/2021, Headwaters Resource Conservation And Development Area Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Headwaters Resource Conservation And Development Area Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Headwaters Resource Conservation And Development Area Inc generated $1.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.6% each year. All expenses for the organization totaled $1.1m during the year ending 12/2021. While expenses have increased by 1.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
CONSERVATION AND IMPROVEMENT OF HUMAN AND NATURAL RESOURCES AND LOCAL ECONOMIC DEVELOPMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION IMPROVES HUMAN AND NATURAL RESOURCES, AND ENHANCES THE ENVIRONMENT AND STANDARD OF LIVING IN SEVEN COUNTIES IN SOUTHWEST MONTANA THROUGH CONSERVATION, ECONOMIC DEVELOPMENT, AND EDUCATION. HEADWATERS OFFERS THE FOLLOWING SERVICES: GRANT ADMINISTRATION, ORGANIZATIONAL DEVELOPMENT WORKSHOPS, CONSENSUS BUILDING, SMALL BUSINESS TECHNICAL ASSISTANCE, SMALL BUSINESS DEVELOPMENT CENTER, SMALL BUSINESS ADMINISTRATION, LOAN PACKAGING, FINANCE PROGRAMS, REVOLVING LOAN FUNDS, TECHNICAL ASSISTANCE FOR BOARD AND COMMITTEE APPROVED PROJECTS, HOMEBUYER EDUCATION CLASS, ENTRY LEVEL ENTREPRENEUR INFORMATION AND EDUCATION AND FOOD AND AGRICULTURAL DEVELOPMENT CENTER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Willauer Executive Director | Officer | 40 | $16,233 |
Marilyn Ross Vice Chairman | OfficerTrustee | 2 | $0 |
Rick Edwards Chairman | OfficerTrustee | 2 | $0 |
Gail Leeper Secretary/treasurer | OfficerTrustee | 2 | $0 |
Dave Palmer Member | Trustee | 2 | $0 |
Tom Harrington Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $52,674 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $52,674 |
| Total Program Service Revenue | $1,561,507 |
| Investment income | $637 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,614,818 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $16,233 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $352,547 |
| Pension plan accruals and contributions | $12,677 |
| Other employee benefits | $22,645 |
| Payroll taxes | $26,391 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $18,089 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $78,448 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $13,439 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,378 |
| Interest | $21,313 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,443 |
| Insurance | $0 |
| All other expenses | $9,760 |
| Total functional expenses | $1,143,841 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $19,744 |
| Savings and temporary cash investments | $2,765,776 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $218,529 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $2,665,696 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,107 |
| Net Land, buildings, and equipment | $23,193 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,696,045 |
| Accounts payable and accrued expenses | $42,471 |
| Grants payable | $0 |
| Deferred revenue | $120,626 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $2,133,839 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $356,041 |
| Total liabilities | $2,652,977 |
| Net assets without donor restrictions | $63,316 |
| Net assets with donor restrictions | $2,979,752 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $5,696,045 |
Grants Awarded
Over the last fiscal year, Headwaters Resource Conservation And Development Area Inc has awarded $94,687 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
BIG SKY ECONOMIC DEVELOPMENT TRUST FUND PURPOSE: MOORE SEA LIFT | $40,026 |
BIG SKY ECONOMIC DEVELOPMENT TRUST FUND PURPOSE: ANACONDA RV | $13,432 |
BIG SKY ECONOMIC DEVELOPMENT TRUST FUND PURPOSE: DEER LODGE MASTER PLAN | $12,682 |
DEPARTMENT OF AGRICULTURE PURPOSE: BEAVERHEAD COUNTY DEVELOPMENT | $11,500 |
BIG SKY ECONOMIC DEVELOPMENT TRUST FUND PURPOSE: FOOD & AG TRAINING | $7,808 |
BIG SKY ECONOMIC DEVELOPMENT TRUST FUND PURPOSE: LADY OF THE ROCKIES TRAM | $4,385 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Headwaters Resource Conservation And Development Area Inc has recieved totaling $26,184.
| Awarding Organization | Amount |
|---|---|
Montana Community Foundation Inc Helena, MT PURPOSE: COVID-19 RELIEF | $26,184 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Idaho Conservation League Inc Boise, ID | $7,842,765 | $3,577,511 |
Yellowstone To Yukon Conservation Initiative Bozeman, MT | $4,186,486 | $3,419,566 |
Muley Fanatic Foundation Of Wyoming Inc Green River, WY | $1,477,626 | $2,243,158 |
Wildland Firefighter Foundation Boise, ID | $4,563,249 | $2,968,585 |
Ecology Project International Missoula, MT | $4,110,685 | $862,174 |
Home Resource Missoula, MT | $3,240,079 | $1,256,759 |
Headwaters Resource Conservation And Development Area Inc Butte, MT | $5,696,045 | $1,614,818 |
Montana Association Of Conservation Districts Helena, MT | $835,726 | $1,085,544 |
Heart Of The Rockies Initiative Missoula, MT | $464,680 | $1,215,140 |
Montana Audubon Helena, MT | $3,168,959 | $1,979,314 |
Swan Valley Connections Condon, MT | $1,175,459 | $1,074,334 |
Bitter Root Resource Conservation And Development Area Incorporated Hamilton, MT | $214,191 | $828,659 |