Dawson County Economic Development
- Assets
- $162.5k
- Revenue
- $63.9k
- Investments
- $74.9k
- Employees
- 0
- Location
- Glendive, MT
- Founding
- 07/2006
- Data as of
- 12/2021
- EIN
- 16-1728264
Organization Overview
Dawson County Economic Development is located in Glendive, MT. The organization was established in 2006. 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. Dawson County Economic Development 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 12/2021, Dawson County Economic Development generated $63.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (12.4%) each year. All expenses for the organization totaled $76.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ORGANIZED FOR CHARITABLE, EDUCATIONAL, AND SCIENTIFIC PURPOSES; TO PROMOTE ECONOMIC DEVELOPMENT AND GROWTH IN DAWSON COUNTY, MONTANA; AND TO CARRY ON ANY BUSINESS OR ACTIVITY IN ADDITION TO THE FOREGOING AS ALLOWED BY LAWS OF MONTANA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WORKING ON COMMUNITY PROJECTS TO ALLEVIATE PROVERTY, ENHANCE JOB OPPORUNITIES, AND INCREASE ECONOMIC PROSPERITY FOR THE COMMUNITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Stuart Executive Director | Officer | 40 | $35,750 |
John Cross President | Trustee | 1 | $0 |
Parker Powell Board Member | Trustee | 0.5 | $0 |
Alisha Henderson Board Vice President | Trustee | 1 | $0 |
Rhett Coon Board Member | Trustee | 0.5 | $0 |
Joe Sharbono Board Member | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $17,250 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $37,273 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $54,523 |
| Total Program Service Revenue | $0 |
| Investment income | $352 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,350 |
| 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 | $63,859 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $35,750 |
| Compensation of current officers, directors, key employees. | $3,575 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $192 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $16,014 |
| Payroll taxes | $2,772 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,919 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $775 |
| Office expenses | $739 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,357 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,829 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,170 |
| Insurance | $2,272 |
| All other expenses | $0 |
| Total functional expenses | $76,373 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,212 |
| Savings and temporary cash investments | $42,311 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $24,074 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $74,865 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $162,462 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $5,450 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $844 |
| Total liabilities | $6,294 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $156,168 |
| Total liabilities and net assets/fund balances | $162,462 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Dawson County Economic Development has recieved totaling $1,005.
| Awarding Organization | Amount |
|---|---|
Homestead Foundation Inc Livingston, MT PURPOSE: PHILANTHROPIC PURPOSE | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Grow South Dakota Sisseton, SD | $70,205,734 | $6,159,440 |
Wolf Run Village Inc Watford City, ND | $13,751,715 | $5,775,669 |
Glacier Country Regional Tourism Commission Inc Missoula, MT | $1,843,193 | $3,815,172 |
South Segment Community Development Corporation Halliday, ND | $18,333,660 | $2,595,332 |
Fargo Moorhead Convention & Visitors Bureau Inc Fargo, ND | $3,704,311 | $2,547,498 |
Four Bands Community Fund Inc Eagle Butte, SD | $19,022,561 | $5,647,220 |
Emerging Prairie Fargo, ND | $1,252,984 | $1,382,080 |
Lake County Community Development Corporation Ronan, MT | $8,061,823 | $2,376,944 |
Big Sky Economic Development Corporation Billings, MT | $3,059,757 | $1,982,472 |
Dakota Business Lending Fargo, ND | $6,874,323 | $2,297,592 |
Bear Paw Development Corp Of North Montana Hill County Courthouse Havre, MT | $10,546,975 | $3,629,842 |
Capital Matrix Inc Boise, ID | $3,302,883 | $1,706,997 |