2024-07-29T17:26:06-05:00 2023-12-31 810348775 JUNKERMIERCLARKCAMPANELLASTEVENSPC PO BOX 9047 KALISPELL MT 59904 990 2023-01-01 841401408 JOBS NOW INC DBA MONTANA WEST ECONOMIC DEVELOPMENT JOBS 4062577711 44 SECOND AVENUE WEST KALISPELL MT 59901 CHRISTY CUMMINGS DAWSON PRESIDENT AND CEO 4062577711 2024-07-19 1 0 TONY VANORNY P00662403 4067553681 2024-07-16 2023 2024-08-08 14:25:15Z CHRISTY CUMMINGS DAWSON 44 SECOND AVENUE WEST KALISPELL MT 59901 935601 0 X WWW.DOBUSINESSINMONTANA.COM X 1997 MT TO ENHANCE THE ECONOMIC BASE BY IDENTIFYING AND SUPPORTING ECONOMIC OPPORTUNITIES. 17 17 9 47 0 0 220821 285163 450841 586127 6309 37291 28770 27020 706741 935601 0 0 0 0 366097 486768 0 0 105758 210112 266188 576209 752956 130532 182645 6924567 7269388 1767378 1929554 5157189 5339834 X TO BUILD UPON THE ECONOMIC BASE IN FLATHEAD COUNTY BY ASSISTING BUSINESS STARTUPS AND EXPANSION ACTIVITIES WITH RESOURCES AND VALUABLE CONNECTIONS. MONTANA WEST DELIVERS LOCAL BUSINESS ECONOMIC DEVELOPMENT SERVICES TARGETED TO IMPACT JOB CREATION AND BUSINESS INVESTMENT. 0 0 531984 586127 PROCURES CAPITAL FOR NON-TRADITIONAL REVOLVING BUSINESS LOANS AND PARTNERS WITH BANKING INSTITUTIONS TO PROVIDE GAP EQUITY FINANCING, OR DIRECTLY LENDS TO NON-BANKABLE PROJECTS TO GET DEALS DONE. THE OUTCOME IS JOB CREATION, JOB RETENTION, HELPING DEALS BECOME BANKABLE, AND SUPPORTING BUSINESS INVESTMENT.PROVIDES FREE GOVERNMENT CONTRACTING SERVICES BY ASSISTING BUSINESSES WITH THE PROCESS OF BECOMING A GOVERNMENT APPROVED SUPPLIER; IDENTIFYING BID OPPORTUNITIES; ASSISTING BUSINESS WITH THE BID APPLICATIONS; AND THEN THE IMPLEMENTATION OF THE BID AWARDS. ACTS AS AN INTERMEDIARY FOR PASS THROUGH GRANTS TO ELIGIBLE BUSINESSES THAT ARE CREATING JOBS AND BUSINESS INVESTMENT; PROVIDES BUSINESS EDUCATION THROUGH EVENTS, AND HOSTS BUSINESS MENTORS.WHILE THE EXPONENTIAL GROWTH RATE OF THE PREVIOUS COUPLE OF YEARS HAS SLOWED SOMEWHAT, THERE IS STILL STEADY GROWTH IN THE FLATHEAD VALLEY. HOUSING AVAILABILITY AND PRICING IS STILL CREATING A CHALLENGE FOR MANY LOCAL RESIDENTS. THIS ALSO ADDS TO THE CHALLENGE MANY BUSINESSES HAVE IN FINDING OR ATTRACTING QUALIFIED EMPLOYEES. HOWEVER, MANY LOCAL BUSINESSES ARE STRONG AND EXPANDING. MWED CONTINUED TO WORK TO GROW OUR LOAN PORTFOLIO AND PURSUE ADDITIONAL CAPITALIZATION SOURCES. THE TOTAL LOAN PORTFOLIO WAS APPROXIMATELY $5.4 MILLION. OUR APEX ACCELERATOR PROGRAM (FORMERLY PTAC) CONTINUED TO BE ACTIVE IN FY2023-24, WITH 210 UNIQUE CLIENTS SERVED, 262 CONTRACTS AWARDED, AND A TOTAL CONTRACT VALUE IN EXCESS OF $32.5 MILLION. APEX ADDITIONALLY HOSTED TWO TRAINING EVENTS ON CONTRACTING WITH THE GOVERNMENT AND ONE INDUSTRY DAY EVENT WHERE OUR CLIENTS HAD THE OPPORTUNITY TO MEET ONE ON ONE WITH VARIOUS LOCAL AND REGIONAL GOVERNMENTAL AGENCIES.THROUGHOUT 2023, MWED STAFF PRIORITIZED EXPLORATION OF NEW PROGRAMS. MWED RECEIVED A $500,000 BROWNFIELDS ASSESSMENT GRANT FROM EPA, WAS AWARDED A FOOD AND AGRICULTURE DEVELOPMENT CENTER (FADC) DESIGNATION FROM THE MONTANA DEPARTMENT OF AGRICULTURE AND TOOK ON AND EXPANDED A FORESTRY ASSISTANCE PROGRAM TO ASSIST PROPERTY OWNERS WITH INCREASING THEIR RESILIENCE TO WILDFIRE. 531984 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 9 0 1 9 1 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X THE ORGANIZATION 4062577711 44 SECOND AVENUE WEST KALISPELL MT 59901 JASON WILLIAMS PAST CHAIRMAN 1.00 X X 0 0 0 THOMAS MOODY CHAIRMAN 1.00 X X 0 0 0 BECKIE CHRISTIAENS TREASURER 1.00 X X 0 0 0 DENNIS BEAMS MEMBER AT LARGE 1.00 X X 0 0 0 MATT BALDWIN DIRECTOR 1.00 X 0 0 0 KELLYN BROWN DIRECTOR 1.00 X 0 0 0 RG DICKEY DIRECTOR 1.00 X 0 0 0 SCOTT NICHOLSON VICE CHAIR 1.00 X X 0 0 0 DAVE MCNUTT MEMBER AT LARGE 1.00 X X 0 0 0 DERRICK WOODWARD MEMBER AT LARGE 1.00 X X 0 0 0 CAMERON JOHNSON DIRECTOR 1.00 X 0 0 0 BRENT BROWN DIRECTOR 1.00 X 0 0 0 JOE MCCLAFFERTY DIRECTOR 1.00 X 0 0 0 DON BENNETT DIRECTOR 1.00 X 0 0 0 SARAH GOULD DIRECTOR 1.00 X 0 0 0 TALIA DOMENICO DIRECTOR 1.00 X 0 0 0 DON GOBLE DIRECTOR 1.00 X 0 0 0 CHRISTY CUMMINGS DAWSON PRESIDENT/CEO 40.00 X 96835 0 11578 96835 0 11578 0 0 0 0 0 128700 155828 635 285163 LOAN INTEREST 522291 295115 295115 CONTRACT SERVICES 561499 242972 242972 LOAN FEES 522291 48040 48040 586127 37291 37291 27020 0 27020 27020 27020 935601 586127 0 64311 108413 82394 15178 10841 318935 242390 44651 31894 7122 5413 997 712 18449 14021 2583 1845 33849 25725 4739 3385 34004 29841 2353 1810 37911 3656 868 33387 3596 1270 797 1529 27412 8224 17544 1644 20748 20710 38 36662 29253 7409 20576 6173 13169 1234 3236 1778 1218 240 BAD DEBT 30703 19488 0 11215 EQUIPMENT AND TECHNOLOG 21425 16465 2381 2579 DIRECT CLIENT SERVICES 21047 20738 89 220 MEMBER RELATIONS 5265 1161 932 3172 3603 3284 268 51 752956 531984 115214 105758 97528 192498 2225298 1384261 55051 61472 53150 3915904 4962727 766246 179069 606430 587177 17935 34524 6924567 7269388 43585 47572 31350 29210 1692443 1852772 1767378 1929554 X 5157189 5339834 5157189 5339834 6924567 7269388 182645 0 X X 0 1 X 1 1 1 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 144500 144500 559686 126022 433664 62060 53047 9013 587177 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 DRAFT IS PROVIDED TO THE EXECUTIVE COMMITTEE PRIOR TO FILING FOR REVIEW. THE EXECUTIVE DIRECTOR REVIEWS THE FORM 990 IN DEPTH PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS ARE REQUIRED ANNUALLY TO DISCLOSE ANY KNOWN CONFLICT OF INTEREST IN WRITING AND TO IMMEDIATELY DISCLOSE ANY POTENTIAL CONFLICT WHEN IT ARRIVES. THE MEMBER WITH THE CONFLICT IS THEN EXCUSED FROM PARTICIPATING IN THE DISCUSSIONS OR DECISIONS REGARDING THE SUBJECT THAT CREATED THE CONFLICT. STAFF DISCUSSES POTENTIAL CONFLICTS OF INTEREST WITH THE DIRECTOR OR RELATED PARTY AND THE EXECUTIVE COMMITTEE. STAFF REQUESTS THE CONFLICT BE DISCLOSED IN A CONFLICT OF INTEREST FORM. STAFF OR BOARD OFFICER REPORTS THE POTENTIAL CONFLICT WITH THE GOVERNING BODY DURING A MONTHLY MEETING. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE ANNUALLY EVALUATES THE EXECUTIVE DIRECTOR. WAGES ARE BASED ON PERFORMANCE AND COMPENSATION PAID BY OTHER ECONOMIC DEVELOPMENT ENTITIES WITHIN MONTANA. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, POLICIES, 990 FORMS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AT THE AGENCY'S OFFICES. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT PROCESS OR SELECTION PROCESS FROM PRIOR YEARS IN REGARDS TO THE INDEPENDENT AUDIT. MONTANA WEST ECONOMIC DEVELOPMENT FOUNDATION 44 2ND AVENUE WEST KALISPELL MT 59901 874373142 MT 501(C)(3) LINE 7 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 MONTANA WEST ECONOMIC DEVELOPMENT FOUNDATION L 12972