NonprofitsRavalli County Economic Development Authority

Community Improvement & Capacity Building

Ravalli County Economic Development Authority

HAMILTON, MT

Total revenue

$431K

Total expenses

$424K

Net assets

$4.9M

Grants received

$129K

7 grants

EIN

810515595

Tax year

2023

Mission

Provide economic assistance to local businesses and entrepreneurs

Programs

1 program

Operate business incubator and provide entrepreneurial support services and help create the infrastructure for a "knowledge-based economy".

Expenses: $71K

Financials

FY 2023

Revenue

Contributions & grants$152K
Program service revenue$274K
Investment income
Other revenue$5K
Total revenue$431K

Expenses

Grants paid
Salaries & benefits$165K
Fundraising
Other expenses$259K
Total expenses$424K
Total assets$5.7M
Net assets$4.9M

People

13 listed

NameRoleCompensation

JULIE FOSTER

Executive Dir.

Board

$58K

40 hrs/wk

ROBERT WHALEN

COMMISSIONER

Board

0.5 hrs/wk

MICHAEL BRADT

CHAIR

Board

1.5 hrs/wk

DOUG DAVIS

Treasurer

Board

0.8 hrs/wk

WAYNE RUSK

COMMISSIONER

Board

0.5 hrs/wk

JAMIE TADVICK

COMMISSIONER

Board

0.5 hrs/wk

ROBERT THOMAS

COMMISSIONER

Board

0.5 hrs/wk

TERESA POLUMSKY

VICE CHAIR

Board

0.8 hrs/wk

ALICIA CARTER

COMMISSIONER

Board

0.5 hrs/wk

KAREN MAHAR

COMMISSIONER

Board

0.5 hrs/wk

GREG CHILCOTT

COUNTY LIASON

Board

0.5 hrs/wk

KURT SAGER

COMMISSIONER

Board

0.5 hrs/wk

HAYDON DAVIS

COMMISSIONER

Board

0.5 hrs/wk

Grants received

Showing 7 of 7

FromAmountPurposeYear
$10K
ALONG THE BANKS SCHOLARSHIPS
2023
$5K
FUNDS FOR TEDX EDUCATION FORUM IN HAMILTON MT
2022
$7K
COVID-19 RELIEF
2021
$20K
ALONG THE BANKS PROJECT
2020
$10K
FURTHER ORGANIZATION'S MISSION
2020
$78K
PUBLIC, SOCIETAL BENEFIT
2019

Funded by

$129K from 6 funders · 7 grants · 2019–2023

Leggott Foundation

$30K · 2 grants · 2020–2023

Montana Community Foundation Inc

$7K · 1 grant · 2021

Jane S Heman Foundation Inc

$5K · 1 grant · 2022

Details

EIN810515595
NTEE codeS30
Subsection03
Ruling date1998-07
Formed1997
Employees4
RAVALLI COUNTY ECONOMIC DEVELOPMENT AUTHORITY — Mission, Financials & Grants Received | Grantivo