Mountainwest Capital Network

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

EIN: 870541417 ✦ Salt lake city, UT ✦ Designated as a 501(c)(6)

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Overview

What is Mountainwest Capital Network?

Mountainwest Capital Network is a distinguished nonprofit organization based in Salt Lake City, Utah. Their primary focus is on bolstering the business growth of high-potential companies in the state. They achieve this through their flagship event, the Utah 100 Award, which recognizes Utah's top 15 revenue companies, 100 fastest-growing businesses, and emerging elite firms. The organization prides itself on its original role as an independent business networking group in Utah, fostering success by celebrating achievements, providing expertise, and facilitating strong business relationships among its members and the broader business community. The organization has a small team of dedicated individuals committed to this mission.


Official website here: www.mwcn.org

Is Mountainwest Capital Network legitimate?

Mountainwest Capital Network is a legitimate nonprofit organization registered as a 501(c)(6) entity. Mountainwest Capital Network 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: $117,032
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.mwcn.org

What is the mission statement of Mountainwest Capital Network?

Mountainwest Capital Network, as the original independent business networking group, aims to celebrate and recognize achievements in the business community to foster ongoing success. They accomplish this by educating, enlightening, and providing expertise to business owners, investors, and service providers. Additionally, Mountainwest Capital Network facilitates strong business relationships among its members, serving as a platform for networking and collaboration. The organization's flagship event, the Utah 100 Award, recognizes Utah's top 15 revenue companies, 100 fastest-growing businesses, and emerging elite companies, promoting growth and success within the business community.


Official website here: www.mwcn.org

What is the revenue of Mountainwest Capital Network?

Mountainwest Capital Network's revenue in 2023 was $577,223.


Official website here: www.mwcn.org

Who are the executives of Mountainwest Capital Network and what are their salaries?

The average compensation at Mountainwest Capital Network during 2023 was $107,123.

Here are 47 key members and their salaries:


Reed Chase (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheri M Waldron (Executive Director & Secre)
  • Compensation: $113,890
  • Related: $0
  • Other: $3,142
Todd A Reece (Executive Committee Member, Programs)
  • Compensation: $0
  • Related: $0
  • Other: $0
Drew Yergensen (Vice-Chairman, Executive C)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Skeen (Chairman, Executive Commit)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Dent (President, Executive Committee, Golf, Utah 100 Cha)
  • Compensation: $0
  • Related: $0
  • Other: $0
David E Rognon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Garit Lawson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tyler Harvey (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Jessop (Executive Committee Member, Eoy Deal Flow, Website)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ted Mcaleer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Riley Cutler (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Roberts (Vice President, Utah 100 C)
  • Compensation: $0
  • Related: $0
  • Other: $0
Franci Eisenberg (Executive Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Angerbauer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Badger (Trustee, Utah 100 Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Fraughton (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Stahl (Trustee, Eoy Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
John D Shane (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacob Moon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jake Kastan (Vice President, Eoy Committee Chiar)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Knight (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Reading (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Christopulos (Trustee, Vice President, Eoy Committee Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Pratchett (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kady Reece (Vice President, Deal Flow)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Gordon (Vice President, Golf Commi)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Castleberry (Executive Committee Member, Utah 100)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Abercrombie (Trustee, Utah 100)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raymond Chipman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Fulton (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lance Soffe (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Wilson (Trustee, Programs Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Lake (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marc Porter (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryson Lord (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Bartholomew (Trustee, Deal Flow Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicholas Hintze (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Johnson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jesse Silva (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Justin Blair (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Thomsen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Stevenson (Represenataive, Marketing Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Travis Yates (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tyler Gatherum (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane George (Represenataive, Eoy Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Russ Page (Represenataive, Web Master)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mwcn.org

Where can I find the form 990 for Mountainwest Capital Network?

Mountainwest Capital Network's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.mwcn.org

Learn more at the official website: www.mwcn.org

Mission Statement of Mountainwest Capital Network

Mountainwest Capital Network, as the pioneering independent business networking group in Utah, is dedicated to celebrating and recognizing achievements in the local business community. Their mission is threefold: firstly, they aim to foster ongoing success by honoring achievements in the business sector. Secondly, they strive to educate, enlighten, and provide expertise to business owners, investors, and service providers. Lastly, Mountainwest Capital Network facilitates strong business relationships among their members.

The Utah 100 Award Event, Mountainwest Capital Network's flagship event, is a testament to their commitment. This event recognizes Utah's 15 largest revenue companies, 100 fastest-growing businesses, and a select list of emerging elite companies. The top 15 annual revenue companies are ranked based on the highest total dollar growth from the previous year. The Utah 100 companies are ranked using a weighted average calculation, considering both percentage and dollar growth. Companies are only eligible to be included in one award category, with first consideration given to the top 15 annual revenue category. This event attracts over 1,000 business leaders, showcasing Mountainwest Capital Network's impact in the business community.

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Impact



October, 2024

Mountainwest Capital Network plays a crucial role in enhancing the business landscape in Utah, particularly for high-growth-oriented businesses. Through initiatives like the Utah 100 Award event, it celebrates and recognizes the achievements of the state's top companies, fostering a culture of excellence and motivation within the business community. By honoring Utah's largest revenue firms and fastest-growing companies, Mountainwest Capital Network not only offers visibility to these businesses but also inspires others to strive for similar success.

The Utah 100 event attracts over 1,000 business leaders, creating a networking platform that facilitates strong connections among business owners, investors, and service providers. This connectivity leads to the exchange of ideas, collaboration, and potential investment opportunities, thereby improving overall business conditions.

Additionally, Mountainwest Capital Network provides valuable education and resources to business owners, helping them navigate challenges and seize growth opportunities. By focusing on community engagement and ongoing success, the organization contributes significantly to the vitality and resilience of Utah's economy. Its emphasis on recognizing and supporting emerging elite companies further ensures that innovation and growth continue to thrive in the region.



This information is meant to be a general summary of Mountainwest Capital Network. 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
$577,223 (2023)
Expenses
$483,367 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $28,029
  • Program Service Revenue: $549,194
  • Gross Receipts: $577,223

Assets and Liabilities:

  • Total Assets: $1,006,161
  • Total Liabilities: $428,175
  • Net Assets: $577,986

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

UTAH 100

Revenue

$278,795

GOLF

Revenue

$104,477

ENTREPRENEUR OF THE YR

Revenue

$85,850

DEAL FLOW

Revenue

$75,619

MEMBERSHIP DUES

Revenue

$2,808

Organization Details

Founding Year

1983

Principal Officer

Reed Chase

Website

www.mwcn.org

NTEE Category

Code: S40 - Community improvement

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