Montana West Economic Development Foundation Inc
- Assets
- $9.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Kalispell, MT
- Founding
- Data as of
- 12/2023
- EIN
- 87-4373142
Organization Overview
Montana West Economic Development Foundation Inc is located in Kalispell, MT. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Montana West Economic Development Foundation 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 12/2023, Montana West Economic Development Foundation Inc generated $10.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (57.8%) each year. All expenses for the organization totaled $37.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE OBJECTIVE OF THE CORPORATION IS RELIEF OF CONDITIONS OF POVERTY DEPENDENCY, UNEMPLOYMENT, AND UNDEREMPLOYMENT IN AND AROUND THE COMMUNITY OF FLATHEAD COUNTY, MONTANA. THE MWED FOUNDATION PROVIDED ASSISTANCE TO LOCAL BUSINESSES THAT INCREASED THEIR STRENGTH AND SUCCESS BY INCREASING THEIR KNOWLEDGE, ACCESS TO RESOURCES, AND THE ABILITY TO ENGAGE WITH THEIR PEERS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Don Bennet Director | 0.25 | $0 | |
Matt Baldwin Director | 0.25 | $0 | |
Kellyn Brown Director | 0.25 | $0 | |
Brent Brown Director | 0.25 | $0 | |
Rg Dickey Director | 0.25 | $0 | |
Sarah Gould Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,500 |
| Total Program Service Revenue | $7,500 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $10,000 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $37,772 |
| Total expenses | $37,772 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $6,534 |
| Other assets | $0 |
| Total assets | $9,449 |
| Total liabilities | $0 |
| Net assets or fund balances | $9,449 |