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Gallatin Valley Foundation For Economic Development Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 203116452 ✦ Bozeman, MT ✦ Designated as a 501(c)(3)

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Overview

What is Gallatin Valley Foundation For Economic Development Inc?

Gallatin Valley Foundation for Economic Development Inc is a nonprofit organization dedicated to boosting Gallatin County's economy by fostering local business growth. Their primary mission is to attract, retain, and expand businesses, ultimately creating more job opportunities in the area. To achieve this goal, they offer grants to Prospera Business Network, supporting their economic development initiatives. Additionally, they provide funding to small businesses in western Montana, aiming to aid in their growth and development.

Is Gallatin Valley Foundation For Economic Development Inc legitimate?

Gallatin Valley Foundation For Economic Development Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gallatin Valley Foundation For Economic Development Inc submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

What is the mission statement of Gallatin Valley Foundation For Economic Development Inc?

The Gallatin Valley Foundation for Economic Development Inc aims to bolster the local economy of an unspecified area by promoting business growth and development. They achieve this objective by offering grants to Prospera Business Network for their economic development initiatives and providing financial assistance to small businesses in western Montana to help them expand. The ultimate goal is to attract, retain, and expand businesses, thereby creating and sustaining jobs within the community.

Who is the CEO of Gallatin Valley Foundation For Economic Development Inc?

Marley Mckenna is the President of Gallatin Valley Foundation For Economic Development Inc.

What is the revenue of Gallatin Valley Foundation For Economic Development Inc?

Gallatin Valley Foundation For Economic Development Inc's revenue in 2022 was $179,110.

Who are the executives of Gallatin Valley Foundation For Economic Development Inc and what are their salaries?


Here are 16 key members and their salaries:


Paul Reichert (Executive Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Callan Nagy (Past-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marley Mckenna (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sky Cook (President-Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryan Robertus (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bert Bartle (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heather Bellamy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colee Wingo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Johnson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Samantha Kimmet (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Sehnert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Gray (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brit Fontenot (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Szczepanski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Ranalli (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Mcnulty (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Gallatin Valley Foundation For Economic Development Inc?

Gallatin Valley Foundation For Economic Development Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Gallatin Valley Foundation For Economic Development Inc

Gallatin Valley Foundation for Economic Development, as a nonprofit organization, is dedicated to strengthening the economic growth of Gallatin County. With a focus on local business development, its mission is to attract, retain, and expand businesses and job opportunities within the area. To achieve this goal, the foundation provides financial support to Prospera Business Network for their economic development activities and grants to small businesses in western Montana, aiding in their growth and development. In essence, Gallatin Valley Foundation for Economic Development serves as a catalyst for economic growth and prosperity in Gallatin County, leveraging its resources to support local businesses and foster a thriving business environment.

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Impact




October, 2024

Gallatin Valley Foundation for Economic Development Inc plays a crucial role in bolstering the local economy of Gallatin County by focusing on business development. Its initiatives are geared towards attracting, retaining, and growing businesses and jobs in the area, which ultimately enhances the economic landscape of the community.

The Foundation's support for Prospera Business Network through grants facilitates a variety of economic development activities that stimulate growth and sustainability in local enterprises. Additionally, by providing financial assistance to small businesses in western Montana, the Foundation helps to nurture entrepreneurship and innovation, contributing to a more resilient and diversified economic environment.

Overall, its efforts lead to increased job opportunities, improved community welfare, and a stronger, more vibrant economy in Gallatin County.




This information is meant to be a general summary of Gallatin Valley Foundation For Economic Development Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$179,110 (2022)
Expenses
$59,665 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $40
  • Gross Receipts: $198,726

Assets and Liabilities:

  • Total Assets: $415,672
  • Total Liabilities: $2,043
  • Net Assets: $413,629

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Organization Details

Principal Officer

Marley Mckenna

Main Address

865 TECHNOLOGY BLVD SUITE A, Bozeman, MT, 59718

NTEE Category

Code: S30 - Community improvement

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