Glacier Country Regional Tourism Commission Inc
- Assets
- $1.8m
- Revenue
- $3.8m
- Investments
- $0.0
- Employees
- 6
- Location
- Missoula, MT
- Founding
- 10/1987
- Data as of
- 06/2022
- EIN
- 36-3540467
Organization Overview
Glacier Country Regional Tourism Commission Inc is located in Missoula, MT. The organization was established in 1987. 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. As of 06/2022, Glacier Country Regional Tourism Commission Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Glacier Country Regional Tourism Commission Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2022, Glacier Country Regional Tourism Commission Inc generated $3.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.4% each year . All expenses for the organization totaled $3.5m during the year ending 06/2022. While expenses have increased by 9.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
GLACIER COUNTRY TOURISM (GCT) IS A NONPROFIT ORGANIZATION WITH A FOCUS ON ENSURING ECONOMIC SUSTAINABILITY FOR THE EIGHT-COUNTY REGION KNOWN AS GLACIER COUNTRY WHILE PRESERVING THE QUALITY OF LIFE FOR RESIDENTS AND QUALITY OF PLACE FOR VISITORS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GLACIER COUNTRY TOURISM, A NONPROFIT ORGANIZATION, IS THE OFFICIALLY RECOGNIZED REGIONAL DESTINATION MARKETING AND MANAGEMENT ORGANIZATION (DMO) FOR WESTERN MONTANA. OUR REGION INCLUDES THE EIGHT COUNTIES OF FLATHEAD, GLACIER, LAKE, LINCOLN, MINERAL, MISSOULA, RAVALLI AND SANDERS. WE ARE RESPONSIBLE FOR PROMOTING OUR COMMUNITIES AS AN ATTRACTIVE TRAVEL DESTINATION AND ENHANCING ITS PUBLIC IMAGE AS A DYNAMIC PLACE TO LIVE, WORK AND PLAY. THROUGH THE IMPACT OF TRAVEL, WE STRENGTHEN THE ECONOMIC POSITION AND PROVIDE OPPORTUNITY FOR PEOPLE IN OUR COMMUNITIES. WE DRIVE DIRECT ECONOMIC IMPACT THROUGH THE VISITOR ECONOMY AND FUEL DEVELOPMENT ACROSS THE ENTIRE ECONOMIC SPECTRUM BY CREATING FAMILIARITY, ATTRACTING DECISION MAKERS, SUSTAINING AIR SERVICE AND IMPROVING THE QUALITY OF LIFE IN A PLACE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Racene Friede President & CEO | Officer | 40 | $143,238 |
Victoria Lee Secretary/treas | OfficerTrustee | 1.38 | $0 |
Shannon Brilz Chairman | OfficerTrustee | 1.53 | $0 |
Ramona Holt 1st Vice Chair | OfficerTrustee | 1.15 | $0 |
Amber Pacheco-Holm 2nd Vice Chair | OfficerTrustee | 1.3 | $0 |
Juli Thurston Director | Trustee | 0.62 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Windfall Inc Advertising & Media | 6/29/20 | $1,099,145 |
Journal Graphics Printing | 6/29/20 | $100,402 |
Windfall Inc Advertising & Media | 6/29/20 | $1,099,145 |
Windfall Inc Advertising & Media | 6/29/20 | $1,099,145 |
Journal Graphics Printing | 6/29/20 | $100,402 |
Journal Graphics Printing | 6/29/20 | $100,402 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,525,147 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,525,147 |
| Total Program Service Revenue | $289,048 |
| Investment income | $186 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $3,815,172 |
| 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. | $149,799 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $223,605 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $79,266 |
| Payroll taxes | $32,579 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $5,046 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,343,924 |
| Office expenses | $22,320 |
| Information technology | $73,771 |
| Royalties | $0 |
| Occupancy | $44,858 |
| Travel | $186,312 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $10,334 |
| All other expenses | $2,802 |
| Total functional expenses | $3,489,939 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,374 |
| Savings and temporary cash investments | $1,823,786 |
| 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 | $1,033 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,843,193 |
| Accounts payable and accrued expenses | $25,445 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $25,445 |
| Net assets without donor restrictions | $1,817,748 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $1,843,193 |
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 |