Native American Development Corporation
- Assets
- $7.3m
- Revenue
- $5.8m
- Investments
- $0.0
- Employees
- 60
- Location
- Billings, MT
- Founding
- 05/1997
- Data as of
- 09/2021
- EIN
- 81-0512124
Organization Overview
Native American Development Corporation is located in Billings, MT. The organization was established in 1997. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 09/2021, Native American Development Corporation employed 60 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Native American Development Corporation 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 09/2021, Native American Development Corporation generated $5.8m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 19.3% each year . All expenses for the organization totaled $5.5m during the year ending 09/2021. While expenses have increased by 18.2% per year over the past 6 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO BE A HIGH-QUALITY, HIGH PREFORMING, SUSTAINABLE COMMUNITY AND ECONOMIC DEVELOPMENT CORPORATION PROVIDING THE TOOLS AND RESOURCES NECESSARY FOR INDIVIDUALS AND FAMILIES IN MONTANA, WYOMING, NORTH DAKOTA, AND SOUTH DAKOTA TO NOT JUST SURVIVE, BUT TO THRIVE.
Describe the Organization's Program Activity:
SEE SCHEDULE O
PTAC: COOPERATIVE AGREEMENT WITH DEFENSE LOGISTICS AGENCY ASSISTED IN SUPPORTING THE ECONOMIC DEVELOPMENT OF NATIVE AMERICAN IN PROCURING GOVERNMENT CONTRACTS. PROVIDED SERVICES INCLUDING 2100 HOURS OF COUNSELING, HELD 37 EVENTS AND HAD 210 ACTIVE CLIENTS, INCLUDING 88 NEW ONES.
MBDA: THE TRIIA MISSION IS TO ELEVATE AND SHOWCASE THE TALENTS OF NATIVE AMERICAN ARTISTS.WE PROVIDE A PLATFORM WHERE NATIVE ARTISTS CAN PROMOTE THEIR WORK ON A REGIONAL, NATIONAL, AND INTERNATIONAL MARKETPLACE, WHICH IN TURN SUPPORTS THE GROWTH AND GLOBAL COMPETITIVENESS OF NATIVE AMERICAN ENTERPRISES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leonard Smith Jr CEO | Officer | 40 | $116,755 |
Lisa Murray Nurse Practioner | 24 | $102,179 | |
Thomas Jefferson Account Manager | Officer | 40 | $85,108 |
Deanna Comeau Board Secretary | OfficerTrustee | 1 | $0 |
William Whitehead Board Chair | OfficerTrustee | 2 | $0 |
Ernest Mike Lawson Board Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $4,189,080 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,128,225 |
| Noncash contributions included in lines 1a–1f | $21,410 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,317,305 |
| Total Program Service Revenue | $340,818 |
| Investment income | $26,460 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $13,058 |
| 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 | $5,770,439 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $120,930 |
| 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. | $221,035 |
| Compensation of current officers, directors, key employees. | $28,965 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,453,531 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $332,109 |
| Payroll taxes | $239,370 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $28,598 |
| Fees for services: Accounting | $21,502 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,036,768 |
| Advertising and promotion | $51,939 |
| Office expenses | $73,885 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $221,491 |
| Travel | $115,582 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,427 |
| Interest | $53,853 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $53,681 |
| Insurance | $39,785 |
| All other expenses | $46,619 |
| Total functional expenses | $5,536,012 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,864,547 |
| Savings and temporary cash investments | $596,836 |
| Pledges and grants receivable | $772,598 |
| Accounts receivable, net | $47,565 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $758,252 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $13,069 |
| Net Land, buildings, and equipment | $1,161,058 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $118,346 |
| Intangible assets | $0 |
| Other assets | $2,150 |
| Total assets | $7,334,421 |
| Accounts payable and accrued expenses | $574,922 |
| Grants payable | $0 |
| Deferred revenue | $4,122,839 |
| 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 | $826,045 |
| Unsecured mortgages and notes payable | $420,000 |
| Other liabilities | $0 |
| Total liabilities | $5,943,806 |
| Net assets without donor restrictions | -$164,611 |
| Net assets with donor restrictions | $1,555,226 |
| 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 | $7,334,421 |
Grants Awarded
Over the last fiscal year, Native American Development Corporation has awarded $120,930 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Missoula, MT PURPOSE: SUICIDE PREVENTION | $74,877 |
Great Falls, MT PURPOSE: SUICIDE PREVENTION | $32,823 |
Butte, MT PURPOSE: SUICIDE PREVENTION | $13,230 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Native American Development Corporation has recieved totaling $1,066,716.
| Awarding Organization | Amount |
|---|---|
Headwaters Health Foundation Of Western Montana Missoula, MT PURPOSE: GENERAL OPERATING | $750,000 |
Northwest Area Foundation St Paul, MN PURPOSE: FUELING NATIVE ECONOMIC DEVELOPMENT | $150,000 |
Northwest Area Foundation St Paul, MN PURPOSE: CDFI CAPACITY BUILDING AND GROWTH | $60,000 |
Direct Relief Santa Barbara, CA PURPOSE: COVID19-US | $50,000 |
O P & W E Edwards Foundation Inc Red Lodge, MT PURPOSE: PHILANTHROPIC PURPOSE | $20,000 |
Americares Foundation Inc Stamford, CT PURPOSE: ONGOING | $13,358 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Native American Development Corporation Billings, MT | $7,334,421 | $5,770,439 |
Iadlest Eagle, ID | $1,362,318 | $1,947,022 |
Regional Development Alliance Inc Idaho Falls, ID | $6,754,531 | $480,196 |
Coeur D Alene Convention And Visitor Bureau Inc Coeur Dalene, ID | $110,803 | $1,016,823 |
Dbl Equity Partners Fargo, ND | $983,044 | $953,194 |
The Chamber Grand Forks, ND | $1,073,749 | $736,774 |
Sun Valley Board Of Realtors Inc Ketchum, ID | $918,947 | $806,199 |
South Dakota Development Corporation Sioux Falls, SD | $70,437 | $274,179 |
Sicangu Community Development Corporation Mission, SD | $1,005,609 | $1,300,506 |
Widc-Frontier Cdc Inc Casper, WY | $3,419,456 | $389,383 |
North Dakota Pharmaceutical Association Bismarck, ND | $143,579 | $277,072 |
Montana High Tech Business Alliance Missoula, MT | $45,001 | $0 |