Mountain West Capital Network

Organization Overview

Mountain West Capital Network is located in Salt Lake City, UT. The organization was established in 1998. According to its NTEE Classification (C60) the organization is classified as: Environmental Education, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mountain West Capital Network is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 12/2021, Mountain West Capital Network generated $402.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $376.6k during the year ending 12/2021. While expenses have increased by 1.2% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

DEVELOP AND IMPROVE BUSINESS CONDITIONS OF HIGH-GROWTH ORIENTED BUSINESSES IN UTAH

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE UTAH 100 AWARD EVENT IS THE FIRST AND BEST OF ITS KIND. WE RECOGNIZE UTAH'S 15 LARGEST REVENUE COMPANIES, 100 FASTEST GROWING, AND A SELECT LIST OF NEWER, EMERGING ELITE COMPANIES. THIS IS MOUNTAINWEST CAPITAL NETWORK'S FLAGSHIP EVENT, WITH OVER 1,000 BUSINESS LEADERS IN ATTENDANCE.THE TOP 15 ANNUAL REVENUE COMPANIES ARE RANKED ACCORDING TO THE HIGHEST TOTAL DOLLAR GROWTH FROM LAST YEAR. THE UTAH 100 COMPANIES ARE RANKED ACCORDING TO A WEIGHTED AVERAGE CALCULATION OF PERCENTAGE AND DOLLAR GROWTH. COMPANIES ARE ONLY ELIGIBLE TO BE INCLUDED IN 1 AWARD CATEGORY. FIRST CONSIDERATION WILL BE GIVEN TO THE TOP 15 ANNUAL REVENUE CATEGORY.


AS UTAH'S FIRST AND LARGEST BUSINESS NETWORKING ORGANIZATION MWCN FULFILLS ITS EXEMPT PURPOSE BY FOSTERING THE DYNAMIC FLOW OF INFORMATION ABOUT CAPITAL FORMATION AND DISTRIBUTION, EDUCATING AND MENTORING EXCELLENCE, AND RECOGNIZING AND REWARDING PERFORMANCE. THESE ACTIVITIES WE ACCOMPLISHED THROUGH EVENTS SUCH AS THE GOLF TOURNAMENT. TEMPORARILY POSTPONED DUE TO COVID-19


THE MWCN ENTREPRENEUR OF THE YEAR IS AN ANNUAL AWARD LUNCHEON THAT RECOGNIZES A UTAH ENTREPRENEUR WHO HAS BUILT A THRIVING UTAH-BASED COMPANY. THE ANNUAL EVENT IS DESIGNED TO INSPIRE OTHERS TO PARTICIPATE IN THE RISKS AND REWARDS OF ENTREPRENEURSHIP AND PROVIDES THE ENTREPRENEUR HONORED AN OPPORTUNITY TO GIVE BACK TO THE COMMUNITY BY SHARING THEIR KNOWLEDGE.


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Board, Officers & Key Employees

Name (title)Compensation
Cheri M Waldron
Executive Director & Secre
$97,376
Ryan Dent
Executive Committee Member
$0
David E Rognon
Vice President, Golf Commi
$0
Paul Skeen
President
$0
Todd Smith
Trustee
$0
Reed Chase
Executive Committee Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
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$0
Total Program Service Revenue$402,687
Investment income $0
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 $402,687

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