NonprofitsSoutheastern Montana Development Corporation

Community Improvement & Capacity Building

Southeastern Montana Development Corporation

COLSTRIP, MT

Total revenue

$1.2M

Total expenses

$621K

Net assets

$3.2M

Grants received

$495K

7 grants

EIN

810485103

Tax year

2024

Mission

To encourage, stimulate and promote economic development, expansion and diversification in southeastern montana

Programs

2 programs

Administer grants and technical assistance grants received by entity or by businesses under the adminstration of this entity

Expenses: $84K

Administered a revolving loan program for small businesses throughout the year, providing assistance through the application process and development of business plan, and obtaining commercial financing: technical assistance to loan program clients

Expenses: $21K

Financials

FY 2024

Revenue

Contributions & grants$1.1M
Program service revenue$57K
Investment income$13K
Other revenue$9K
Total revenue$1.2M

Expenses

Grants paid$27K
Salaries & benefits$300K
Fundraising
Other expenses$294K
Total expenses$621K
Total assets$3.5M
Net assets$3.2M

People

18 listed

NameRoleCompensation

JAMES ATCHISON

EXECUTIVE DIRECTOR

Board

$82K

40 hrs/wk

JOHN WILLIAMS

PRESIDENT

Board

4 hrs/wk

JASON STROUF

VICE PRESIDENT

Board

4 hrs/wk

AMY PONTIUS

SECRETARY TREASURER

Board

4 hrs/wk

RAYMOND RAGSDALE

DIRECTOR

Board

1 hrs/wk

DENNIS KOPITZKE

DIRECTOR

Board

1 hrs/wk

MARLO MOEHR

DIRECTOR

Board

1 hrs/wk

RUTH BAKER

DIRECTOR

Board

1 hrs/wk

STEVE SMALL

DIRECTOR

Board

1 hrs/wk

RITA KRATKY

DIRECTOR

Board

1 hrs/wk

SCOTT HEIN

DIRECTOR

Board

1 hrs/wk

KEN ROLANDSON

DIRECTOR

Board

1 hrs/wk

ALAN SEE

DIRECTOR

Board

1 hrs/wk

KEN WOOLEY

DIRECTOR

Board

1 hrs/wk

LORI FORTNER

DIRECTOR

Board

1 hrs/wk

JACK REGAN

DIRECTOR

Board

1 hrs/wk

DWAYNE ANDREWS

DIRECTOR

Board

1 hrs/wk

MARIAH SOLDIERWOLF

DIRECTOR

Board

1 hrs/wk

Grants received

Showing 7 of 7

FromAmountPurposeYear
$236K
GENERAL SUPPORT
2023
$210K
MOOSE LODGE RENOVATION; LOCAL BUSINESS DEVELOPMENT
2022
$3K
General Operating Support
2022
$31K
NAKED COVER CIF GRANT
2021
$12K
FOR THE BENEFIT OF LUCKY GIRL DESIGN
2020
$3K
Operational Support
2020

Funded by

$495K from 2 funders · 7 grants · 2020–2023

Montana Community Foundation Inc

$488K · 4 grants · 2020–2023

First Interstate BancSystem Foundation

$7K · 3 grants · 2020–2023

Details

EIN810485103
NTEE codeS20Z
Subsection03
Ruling date1994-01
Formed1993
Employees7
SOUTHEASTERN MONTANA DEVELOPMENT CORPORATION — Mission, Financials & Grants Received | Grantivo