Beaverhead Development Corporation is located in Dillon, MT. The organization was established in 1987. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood 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. Beaverhead Development Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2018
Describe the Organization's Mission:
Part 3 - Line 1
BEAVERHEAD DEVELOPMENT CORPORATION IS AN ORGANIZATION FOR THE RETENTION, EXPANSION, AND ADVANCEMENT OF COMMERCE IN THE DILLON AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE BEAVERHEAD DEVELOPMENT CORPORATION IS THE ECONOMIC DEVELOPMENT CONDUIT FOR BEAVERHEAD COUNTY AND ITS COUNTY SEAT, DILLON. THE CORPORATIONS PRIMARY MISSION IS THE RETENTION, EXPANSION, AND ADVANCEMENT OF COMMERCE AND EMPLOYMENT IN THE COUNTY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Rayann Sutton President | Officer | 10 | $0 |
Collin Erb Treasurer | Officer | 10 | $0 |
Vana Taylor Secretary | Officer | 10 | $0 |
Michael Mcginley Vice President | Officer | 10 | $0 |
Todd Hazelbaker Director | Trustee | 10 | $0 |
Michelle Merganthaler Director | Trustee | 10 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $673,849 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $673,849 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $15,903 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $695,704 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $2,000 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $10,000 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $281 |
Office expenses | $121 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $2,800 |
Travel | $0 |
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 | $30,707 |
Insurance | $1,801 |
All other expenses | $4,344 |
Total functional expenses | $53,849 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $192,832 |
Savings and temporary cash investments | $0 |
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 | $583,438 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $776,270 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Unrestricted restricted net Assets | $0 |
Temporarily restricted net Assets | $0 |
Permanently restricted net Assets or current funds | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total net assets or fund balances | $776,270 |
Over the last fiscal year, we have identified 1 grants that Beaverhead Development Corporation has recieved totaling $500.
Awarding Organization | Amount |
---|---|
Town Pump Charitable Foundation Butte, MT PURPOSE: ADOPT A FAMILY | $500 |
Organization Name | Assets | Revenue |
---|---|---|
Rocky Mountain Development Council Inc Helena, MT | $19,568,493 | $12,980,509 |
Thunder Valley Community Development Corporation Porcupine, SD | $24,786,426 | $14,048,128 |
Western South Dakota Community Action Inc Rapid City, SD | $273,358 | $4,989,303 |
Council Of Community Services Gillette, WY | $4,502,948 | $3,710,505 |
Sioux Falls Development Foundation Inc Sioux Falls, SD | $50,584,468 | $7,701,176 |
East Central Idaho Planning And Development Association Rexburg, ID | $26,888,994 | $3,244,915 |
Community Action Partnership Association Of Idaho Boise, ID | $322,492 | $2,196,059 |
Technology For Rural Enhancement Of Communities Belle Fourche, SD | $1,025,432 | $1,756,626 |
Stark Development Corporation Dickinson, ND | $9,498,776 | $1,783,751 |
Northeastern South Dakota Health Plan Milbank, SD | $31,039,303 | $1,628,510 |
Nacdc Financial Services Inc Browning, MT | $10,612,328 | $4,375,073 |
Gallatin Development Corporation Inc Bozeman, MT | $4,838,186 | $1,633,170 |