MONTANA COMMUNITY DEVELOPMENT CORPORATION: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- MONTANA COMMUNITY DEVELOPMENT CORPORATION (EIN 81-0500256)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-10-24
- IRS object ID
- 201242989349300714
- Schema version
- 2011v1.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-10-24T11:00:27-05:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 810385940 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ANDERSON ZURMUEHLEN & CO PC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 2368 | AddressLine1 |
| City | MISSOULA | City |
| State | MT | State |
| ZIP Code | 59806 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 810500256 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MONTANA COMMUNITY DEVELOPMENT CORP | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | MONT | NameControl |
| Phone | 4067289234 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 110 EAST BROADWAY 2ND FLOOR | AddressLine1 |
| City | MISSOULA | City |
| State | MT | State |
| ZIP Code | 59802 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DAVE GLASER | Name |
| Title | PRESIDENT | Title |
| Phone | 4067289234 | Phone |
| Date Signed | 2012-10-18 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | PAUL SEPP | Name |
| PTIN | P00577656 | PTIN |
| Phone | 4067217800 | Phone |
| Date Prepared | 2012-10-18 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | NICHOLAS BABSON | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 110 E BROADWAY 2ND FLOOR | AddressLine1 |
| City | MISSOULA | City |
| State | MT | State |
| ZIP Code | 59802 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 5580835 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.MTCDC.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1995 | YearFormation |
| State Legal Domicile | MT | StateLegalDomicile |
| Activity Or Mission Description | MCDC PARTNERS WITH PEOPLE AND COMMUNITIES THAT WANT TO PROSPER, PROVIDING INNOVATIVE FINANCING AND BUSINESS DEVELOPMENT PRODUCTS THAT CREATE INCOME OPPORTUNITIES FOR ALL MEMBERS OF OUR COMMUNITY. OUR ROLE IS TO FOSTER A RESILIENT ECONOMY THAT IS BUILT ON THE INHERENT STRENGTHS OF THE PEOPLE AND THE PLACE WHERE WE LIVE. SINCE 1989, MCDC HAS SERVED HUNDREDS OF ENTREPRENEURS WITH LOANS, CONSULTING AND TRAINING. THE BUSINESSES OUR CLIENTS CREATE HELP SUSTAIN THEIR LOCAL COMMUNITIES AND PROVIDE JOBS IN WESTERN MONTANA. MCDC OBTAINED CERTIFICATION AS COMMUNITY DEVELOPMENT ENTITIES (CDES) FOR TEN LIMITED LIABILITY COMPANIES IN WHICH MCDC IS THE MANAGING MEMBER. THESE ENTITIE'S MISSION IS TO PROVIDE LOANS, EQUITY INVESTMENTS, OR FINANCIAL SERVICES TO QUALIFIED BUSINESSES IN LOW-INCOME COMMUNITIES. OUR PRIMARY SERVICE AREA IS MISSOULA, RAVALLI, MINERAL, SANDERS AND SOUTHERN LAKE COUNTIES, BUT WE CAN WORK WITH ENTREPRENEURS THROUGHOUT THE STATE. MCDC IS AN EQUAL OPPORTUNITY LENDER AND EMPLOYER | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 12 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 11 | NbrIndependentVotingMembers |
| Total Nbr Employees | 25 | TotalNbrEmployees |
| Total Nbr Volunteers | 7 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 993404 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 3767978 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 535733 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 1768494 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 23003 | InvestmentIncomePriorYear |
| Investment Income Current Year | 38047 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | -144158 | OtherRevenuePriorYear |
| Other Revenue Current Year | 6316 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 1407982 | TotalRevenuePriorYear |
| Total Revenue Current Year | 5580835 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 86338 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 504515 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 1197862 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 578793 | OtherExpensePriorYear |
| Other Expenses Current Year | 1628489 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 1083308 | TotalExpensesPriorYear |
| Total Expenses Current Year | 2912689 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 324674 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 2668146 | RevenuesLessExpensesCY |
| Total Assets BOY | 15433202 | TotalAssetsBOY |
| Total Assets EOY | 19058641 | TotalAssetsEOY |
| Total Liabilities BOY | 7501765 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 8483191 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 7931437 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 10575450 | NetAssetsOrFundBalancesEOY |
| Mission Description | MONTANA COMMUNITY DEVELOPMENT CORPORATION'S MISSION IS TO PROVIDE BUSINESS FINANCING THAT CAN TRANSFORM THE LIVES OF INDIVIDUALS AND STRENGTHEN COMMUNITY PROSPERITY. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 1756485 | Expense |
| Revenue | 1689908 | Revenue |
| Description | BUSINESS LOAN: DIRECT LOAN FUNDS AND RELATED SERVICES TO BORROWERS AND LOAN APPLICANTS. THESE FUNDS ARE USED FOR LOANS TO SMALL AND MICRO-BUSINESSES FROM PROCEEDS OF LOANS AND GRANTS FROM THE MONTANA DEPARTMENT OF COMMERCE, THE SMALL BUSINESS ADMINISTRATION (SBA), UNITED STATES DEPARTMENT OF TREASURY, UNITED STATES DEPARTMENT OF AGRICULTURE, LOCAL GOVERNMENTS, AND PRIVATE ORGANIZATIONS. LENDING RELATED TECHNICAL ASSISTANCE IS FUNDED BY GRANTS AND LOAN EARNINGS. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 457547 | Expense |
| Grants | 86338 | Grants |
| Revenue | 86986 | Revenue |
| Description | BUSINESS CONSULTING AND SPECIAL PROJECTS: STATE, FEDERAL, AND PRIVATE CONTRACT AND GRANT PROGRAMS PROVIDE TECHNICAL ASSISTANCE TO SMALL BUSINESSES. THIS PROGRAMS GOAL IS TO BUILD MANAGEMENT CAPACITY AMONG ENTREPRENEURS IN WESTERN MONTANA. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 2214032 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 1 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 0 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 1 | RelatedOrgControlledEntity |
| Transaction Related Entity | 1 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 1 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 22 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 25 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Form8899 Filed | 0 | Form8899Filed |
| Form1098 C Filed | 0 | Form1098CFiled |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 12 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 11 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 0 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 0 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 1 | InvestmentInJointVenture |
| Written Policy Or Procedure | 1 | WrittenPolicyOrProcedure |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SHAWNA KLEVEN | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 4067289234 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 110 E BROADWAY 2ND FLOOR | AddressLine1 |
| City | MISSOULA | City |
| State | MT | State |
| ZIP Code | 59802 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (16 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer |
|---|---|---|---|---|---|---|
| HARRY POETT | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| CRAIG BIRGENHEIER | ||||||
| TREASURER | 1.00 | X | 0 | 0 | 0 | |
| KEVIN ARNOT | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| BRUCE BUGBEE | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| TIM CHRISTENSEN | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| NICHOLAS BABSON | ||||||
| CHAIRPERSON | 1.00 | X | 0 | 0 | 0 | |
| JENNIFER KNOETGEN | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| COLLEEN RUDIO | ||||||
| SECRETARY | 2.00 | X | 0 | 0 | 0 | |
| MARY STRANAHAN | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| NICOLE HAGERMAN MILLER | ||||||
| VICE CHAIRPERSON | 1.00 | X | 0 | 0 | 0 | |
| GERMAINE WHITE | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| DAVE GLASER | ||||||
| PRESIDENT OF MONTANA CDC | 40.00 | X | 120000 | 0 | 8647 | X |
| HEIDI DEARMENT | ||||||
| VICE PRESIDENT LENDING AND FINANCIAL SERVICES | 40.00 | 100000 | 0 | 6329 | X | |
| SARAH FITZGERALD | ||||||
| DIRECTOR OF LENDING | 40.00 | 66710 | 0 | 4685 | X | |
| MICA LINDSEY | ||||||
| COMPLIANCE OFFICER | 40.00 | 63500 | 0 | 5095 | X | |
| SHAWNA KLEVEN | ||||||
| ACCOUNTANT | 40.00 | 56000 | 0 | 2361 | X | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 406210 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 27117 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Government Grants | 3381482 | GovernmentGrants |
| All Other Contributions | 386496 | AllOtherContributions |
| Total Contributions | 3767978 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| FUND MANAGEMENT FEES | 900099 | 894841 | 894841 |
| DIRECT LOAN INTEREST | 525990 | 676152 | 676152 |
| FEES FOR SERVICES | 900099 | 102411 | 102411 |
| LOAN ORIGINATION FEES | 525990 | 81303 | 81303 |
| LOAN ADMIN FEES | 525990 | 13787 | 13787 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 1768494 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 38047 | TotalRevenueColumn |
| Exclusion | $38,047 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| THE MONTANA FUND | 900099 | 3653 | 3653 |
| OTHER REVENUE | 900099 | 2521 | 2521 |
| MCM SUBSIDIARY CDE-1, | 900099 | 58 | 58 |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 84 | TotalRevenueColumn |
| Related Or Exempt Function Income | 84 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 6316 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 5580835 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1774810 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $38,047 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 86338 | Total |
| Program Services | 86338 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 406210 | Total |
| Program Services | 284347 | ProgramServices |
| Management And General | 121863 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 623706 | Total |
| Program Services | 453211 | ProgramServices |
| Management And General | 170495 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 21974 | Total |
| Program Services | 15846 | ProgramServices |
| Management And General | 6128 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 145972 | Total |
| Program Services | 107213 | ProgramServices |
| Management And General | 38759 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13751 | Total |
| Program Services | 12621 | ProgramServices |
| Management And General | 1130 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 31072 | Total |
| Management And General | 31072 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12000 | Total |
| Management And General | 12000 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 33366 | Total |
| Program Services | 19456 | ProgramServices |
| Management And General | 13910 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 38259 | Total |
| Program Services | 38259 | ProgramServices |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 28381 | Total |
| Management And General | 28381 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 22494 | Total |
| Management And General | 22494 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 80041 | Total |
| Management And General | 80041 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 103301 | Total |
| Program Services | 75151 | ProgramServices |
| Management And General | 28150 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 168240 | Total |
| Program Services | 168240 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 57231 | Total |
| Management And General | 57231 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8477 | Total |
| Program Services | 298 | ProgramServices |
| Management And General | 8179 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices |
|---|---|---|
| LOAN LOSS EXPENSE | 546934 | 546934 |
| LOAN LOSS PROVISION | 183650 | 183650 |
| NEW MARKET TAX CREDITS | 72046 | 72046 |
| SPECIAL PROJECTS EXPENS | 59885 | 59885 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 169361 | Total |
| Program Services | 90537 | ProgramServices |
| Management And General | 78824 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2912689 | Total |
| Program Services | 2214032 | ProgramServices |
| Management And General | 698657 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6084861 | BOY |
| EOY | 2385107 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 450348 | BOY |
| EOY | 6865772 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 155087 | BOY |
| EOY | 307074 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8486365 | BOY |
| EOY | 8985021 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11676 | BOY |
| EOY | 20985 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 165582 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 75092 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 169668 | BOY |
| EOY | 90490 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 75197 | BOY |
| EOY | 404192 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15433202 | BOY |
| EOY | 19058641 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 77788 | BOY |
| EOY | 127663 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5899371 | BOY |
| EOY | 5934581 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1524606 | BOY |
| EOY | 2420947 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7501765 | BOY |
| EOY | 8483191 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7210664 | BOY |
| EOY | 9557161 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19864 | BOY |
| EOY | 761374 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 700909 | BOY |
| EOY | 256915 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7931437 | BOY |
| EOY | 10575450 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15433202 | BOY |
| EOY | 19058641 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 2668146 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -24133 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 2393970 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 2001349 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 2424219 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 993404 | CurrentTaxYearMinus1Year |
| Current Tax Year | 3767978 | CurrentTaxYear |
| Total | 11580920 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 2393970 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 2001349 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 2424219 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 993404 | CurrentTaxYearMinus1Year |
| Current Tax Year | 3767978 | CurrentTaxYear |
| Total | 11580920 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 529823 | AmountsSubstContributorsTotal |
| Public Support Total170 | 11051097 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 83593 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 17260 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 41016 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 23003 | CurrentTaxYearMinus1Year |
| Current Tax Year | 38047 | CurrentTaxYear |
| Total | 202919 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 11783839 | TotalSupport |
| Gross Receipts From Admissions Etc | 5779784 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.93780 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.90890 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule C IRS990ScheduleC
Total Direct Lobbying TotalDirectLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 12000 | FilingOrganizationsTotals |
Total Lobbying Expenditures TotalLobbyingExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 12000 | FilingOrganizationsTotals |
Other Exempt Purpose Expenditures OtherExemptPurposeExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 2900689 | FilingOrganizationsTotals |
Total Exempt Purpose Expenditures TotalExemptPurposeExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 2912689 | FilingOrganizationsTotals |
Lobbying Nontaxable LobbyingNontaxableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 295634 | FilingOrganizationsTotals |
Grassroots Nontaxable GrassrootsNontaxableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 73909 | FilingOrganizationsTotals |
Tot Lobbying Grassroot Minus Non Tx TotLobbyingGrassrootMinusNonTx
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 0 | FilingOrganizationsTotals |
Tot Lobby Expend Mns Lobbying Nontx TotLobbyExpendMnsLobbyingNontx
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 0 | FilingOrganizationsTotals |
Lobbying Nontaxable Amount2 LobbyingNontaxableAmount2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | 252180 | CurrentYearMinus3 |
| Current Year Minus2 | 259550 | CurrentYearMinus2 |
| Current Year Minus1 | 183331 | CurrentYearMinus1 |
| Current Year | 295634 | CurrentYear |
| Total | 990695 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $1,486,043 | LobbyingCeilingAmount |
Total Lobbying Expenditures2 TotalLobbyingExpenditures2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | 181 | CurrentYearMinus3 |
| Current Year Minus2 | 9250 | CurrentYearMinus2 |
| Current Year Minus1 | 4500 | CurrentYearMinus1 |
| Current Year | 12000 | CurrentYear |
| Total | 25931 | Total |
Grassroots Nontaxable Amount2 GrassrootsNontaxableAmount2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | 63045 | CurrentYearMinus3 |
| Current Year Minus2 | 64888 | CurrentYearMinus2 |
| Current Year Minus1 | 45833 | CurrentYearMinus1 |
| Current Year | 73909 | CurrentYear |
| Total | 247675 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $371,513 | GrassrootsCeilingAmount |
Grassroots Lobbying Expenditures GrassrootsLobbyingExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | 181 | CurrentYearMinus3 |
| Total | 181 | Total |
Schedule D IRS990ScheduleD
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 165582 | OtherCostOrOtherBasis |
| Depreciation | 75092 | Depreciation |
| Book Value | 90490 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 90490 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| ADVANCE NORTHWEST AREA FOUNDATION | $26,218 |
| CURRENT PORTION ON LONG-TERM DEBT | $2,144,185 |
| DUE TO OTHER AGENCIES | $250,544 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 2420947 | TotalOfAmounts |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
| No Grant More Than5000 | X | NoGrantMoreThan5000 |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: BUSINESS ADVISORS WORK CLOSELY WITH THE GRANT RECIPIENTS ON USE OF FUNDS; THEY WILL BE IN CONTACT WITH THE CLIENTS EVERY THREE WEEKS OR SO ON PROGRESS. ALL USE OF FUNDS HAVE TO BE APPROVED BEFORE RECIPIENTS ACTUALLY SPEND THE MONEY. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | THE FINANCE COMMITTEE REVIEWS THE FORM 990 BEFORE IT IS FILED WITH THE IRS. | |
| FORM 990, PART VI, SECTION B, LINE 12C | BOARD AND STAFF ANNOUNCE POTENTIAL CONFLICTS OF INTEREST AT APPROPRIATE MEETINGS (LOAN COMMITTEE & BOARD MEETINGS) AS WELL AS ANNUALLY DISCLOSING CONFLICTS ON OUR CONFLICT OF INTEREST FORMS. | |
| FORM 990, PART VI, SECTION C, LINE 18 | THE ORGANIZATIONS TAX RETURN IS AVAILABLE UPON REQUEST. | |
| FORM 990, PART VI, SECTION C, LINE 19 | MCDC POST A MESSAGE ON ITS WEBSITE THAT DOCUMENTS ARE AVAILABLE UPON REQUEST. | |
| FORM 990, PART XI, LINE 5: | PRIOR PERIOD ADJUSTMENTS: -29,958. LIMITED LIABILITY PARTNERSHIP DISTRIBUTIONS 9,619. BOOK DIFFERENCE FROM PARTNERSHIP INCOME -3,794. TOTAL TO FORM 990, PART XI, LINE 5: -24,133. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part III Form990ScheduleRPartIII (8 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivityPrimaryActivity | Legal Domicile StateLegalDomicileState | Direct Controlling Entity NADirectControllingEntityNA | Predominant Income TypePredominantIncomeType | Share Of Total IncomeShareOfTotalIncome | Share Of EOY AssetsShareOfEOYAssets | Disproportionate AllocationsDisproportionateAllocations | General Or Managing PartnerGeneralOrManagingPartner | Percentage OwnershipPercentageOwnership |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MONTANA FUND LLC | |||||||||||||
| 110 E BROADWAY ST FL 2 | MISSOULA | MT | 59802 | 201112499 | PROVIDING FINANCING TO ENTITIES THAT PROVIDE ECONOMIC STABILITY | DE | N/A | RELATED | 3653 | 26205 | 0 | 1 | 0.27120 |
| MCM SUBSIDIARY CDE-1 LLC | |||||||||||||
| 110 E BROADWAY ST FL 2 | MISSOULA | MT | 59802 | 263716954 | PROVIDING INVESTMENT CAPITAL FOR LOW-INCOME COMMUNITIES AND PERSONS | MT | N/A | RELATED | 58 | 1389 | 0 | 1 | 0.00010 |
| TOWN AND COUNTRY CDE LLC | |||||||||||||
| 110 E BROADWAY ST FL 2 | MISSOULA | MT | 59802 | 263717311 | PROVIDING INVESTMENT CAPITAL FOR LOW-INCOME COMMUNITIES AND PERSONS | MT | N/A | RELATED | 34 | 823 | 0 | 1 | 0.00010 |
| BUTTE SEARS SUB CDE LLC | |||||||||||||
| 110 E BROADWAY ST FL 2 | MISSOULA | MT | 59802 | 263717725 | PROVIDING INVESTMENT CAPITAL FOR LOW-INCOME COMMUNITIES AND PERSONS | MT | N/A | RELATED | 23 | 827 | 0 | 1 | 0.00010 |
| PEAK HEALTH CDE-1 LLC | |||||||||||||
| 110 E BROADWAY ST FL 2 | MISSOULA | MT | 59802 | 263717924 | PROVIDING INVESTMENT CAPITAL FOR LOW-INCOME COMMUNITIES AND PERSONS | MT | N/A | RELATED | 10 | 468 | 0 | 1 | 0.00010 |
| PEAK HEALTH CDE-2 LLC | |||||||||||||
| 110 E BROADWAY ST FL 2 | MISSOULA | MT | 59802 | 263717971 | PROVIDING INVESTMENT CAPITAL FOR LOW-INCOME COMMUNITIES AND PERSONS | MT | N/A | RELATED | 10 | 468 | 0 | 1 | 0.00010 |
| BKBH SUB-CDE LLC | |||||||||||||
| 110 E BROADWAY ST FL 2 | MISSOULA | MT | 59802 | 263717995 | PROVIDING INVESTMENT CAPITAL FOR LOW-INCOME COMMUNITIES AND PERSONS | MT | N/A | RELATED | 5 | 750 | 0 | 1 | 0.00010 |
| STINGER WELDING SUB-CDE LLC | |||||||||||||
| 110 E BROADWAY ST FL 2 | MISSOULA | MT | 59802 | 263718031 | PROVIDING INVESTMENT CAPITAL FOR LOW-INCOME COMMUNITIES AND PERSONS | MT | N/A | RELATED | 2 | 1696 | 0 | 1 | 0.00010 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 1 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable
Name Of Other Organization NameOfOtherOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MONTANA FUND LLC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | D | TransactionType |
| Amount Involved | 93375 | AmountInvolved |
| Method Of Amt Determination | FMV | MethodOfAmtDetermination |
Comments