Overview
What is Bear Paw Development Corp?
Bear Paw Development Corp is a nonprofit organization situated in Havre, Montana. Its primary mission revolves around stimulating economic growth in the rural regions of Hill, Blaine, Liberty, Phillips, and Chouteau counties. The corporation accomplishes this by collaborating with local and tribal government authorities, as well as private entities, in various projects. These projects span across community planning, value-added agriculture, and infrastructure development. In 2022 alone, their activities led to an investment of over $19.1 million from external sources, contributing to the local economy of Northern Montana. The organization has a modest workforce of 13 individuals.
Official website here: www.bearpaw.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
Bear Paw Development Corp has demonstrated strong performance in accountability and finance, earning a high score of 96%. The organization boasts a fully independent board, with 100% of its members meeting this criterion. Additionally, the charity excels in financial oversight, with no reported material diversion of assets and a solid program expense ratio of 80.88%, reflecting a commitment to its mission-driven activities.
The organization has implemented robust policies regarding conflict of interest, whistleblower protections, and document retention, all of which have been noted positively in the evaluation. These policies contribute to effective governance and transparency, further enhancing the charity's credibility and trustworthiness. The comprehensive oversight mechanisms, including a dedicated audit and oversight committee, underscore Bear Paw’s commitment to maintaining high standards in its operations.
While Bear Paw Development Corp has received an excellent rating, potential donors may want to consider the specific programs and initiatives it supports to ensure alignment with their philanthropic goals. Overall, the charity's strong financial health and governance practices position it as a reliable choice for those looking to support community development initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Bear Paw Development Corp legitimate?
Bear Paw Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bear Paw Development Corp submitted a form 990, 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $255,317
Professional Fundraising Fees: $0
Other Salaries and Wages: $292,668
For more financial information, click here
Official website here: www.bearpaw.org
What is the mission statement of Bear Paw Development Corp?
Bear Paw Development Corp's mission is centered around promoting economic development. The company actively encourages economic growth in the areas of Hill, Blaine, Liberty, Phillips, and Chouteau Counties in Montana. They achieve this by collaborating with local and tribal government officials, as well as private interests. Their collective activities often involve community planning, value-added agriculture, and infrastructure development. In 2022, their efforts resulted in an investment of over $19.1 million from external sources into the economy of their rural region in Northern Montana.
Official website here: www.bearpaw.org
Who is the CEO of Bear Paw Development Corp?
Debbie Callahan is the President of Bear Paw Development Corp.
Official website here: www.bearpaw.org
What is the revenue of Bear Paw Development Corp?
Bear Paw Development Corp's revenue in 2022 was $1,522,594.
Official website here: www.bearpaw.org
Who are the executives of Bear Paw Development Corp and what are their salaries?
The average compensation at Bear Paw Development Corp during 2022 was $42,153. There are 13 employees and 68 volunteers at Bear Paw Development Corp.
Here are 28 key members and their salaries:
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Official website here: www.bearpaw.org
Where can I find the form 990 for Bear Paw Development Corp?
Bear Paw Development Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bearpaw.org
Learn more at the official website: www.bearpaw.org
Mission Statement of Bear Paw Development Corp
Bear Paw Development Corp, as a nonprofit organization, is committed to fostering economic growth in Hill, Blaine, Liberty, Phillips, and Couteau Counties of Montana. Their primary function is to collaborate with local and tribal government officials, as well as private interests, on individual projects in various sectors such as community planning, value-added agriculture, and infrastructure development. Through these activities, Bear Paw Development Corporation has successfully attracted over $19.1 million in investment from external sources into the economy of its rural area in northern Montana, thereby contributing to its overall development.
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Impact
July, 2024
Bear Paw Development Corp's impact can be seen through the significant investment of over $19.1 million into the economy of rural northern Montana in 2022. The organization's focus on economic development in Hill, Blaine, Liberty, Phillips, and Chouteau counties has resulted in positive outcomes for the local communities and tribal areas. By working with local and tribal government officials, as well as private interests, Bear Paw Development Corp has been instrumental in various projects including community planning, value-added agriculture, and infrastructure development. Through their efforts, they have played a vital role in improving the quality of life and fostering growth in the region.
This information is meant to be a general summary of Bear Paw Development Corp. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $417,083
- Program Service Revenue: $288,553
- Gross Receipts: $1,522,594
Assets and Liabilities:
- Total Assets: $10,521,298
- Total Liabilities: $1,673,191
- Net Assets: $8,848,107
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMINISTRATION FEES
Revenue
$288,553
Organization Details
Founding Year
1968
Phone
(406) 265-9226Principal Officer
Debbie Callahan
Main Address
PO BOX 170, HAVRE, MT, 59501
Website
www.bearpaw.orgNTEE Category
Code: S300 - Community improvement
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