Kootenai River Development Council Inc
- Assets
- $49.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Libby, MT
- Founding
- 11/1990
- Data as of
- 06/2022
- EIN
- 81-0460564
Organization Overview
Kootenai River Development Council Inc is located in Libby, MT. The organization was established in 1990. 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. Kootenai River Development Council Inc 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 06/2022, Kootenai River Development Council Inc generated $57.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (22.2%) each year. All expenses for the organization totaled $70.3k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristin Smith Board President | 3 | $0 | |
Mandy Bell Secretary/treasurer | 1 | $0 | |
Nick Raines Vice President | 1 | $0 | |
Megan Rayome Director | 1 | $0 | |
Tina Oliphant Executive Director | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $57,350 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $546 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $57,896 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $659 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $212 |
| Other expenses | $2,853 |
| Total expenses | $70,324 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $48,799 |
| Other assets | $0 |
| Total assets | $49,077 |
| Total liabilities | $0 |
| Net assets or fund balances | $49,077 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Kootenai River Development Council Inc has recieved totaling $26,500.
| Awarding Organization | Amount |
|---|---|
W R Grace Foundation Inc Columbia, MD PURPOSE: URBAN, CIVIC & CULTURE | $20,000 |
Montana Community Foundation Inc Helena, MT PURPOSE: COVID-19 FUND FOR RURAL RESILIENCE | $6,500 |
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 |