2026-01-28T09:47:27-05:00 2025-09-30 990841184 WSRP ADVISORY LLC 155 N 400 W STE 400 SALT LAKE CITY UT 84103 990 2024-10-01 942741608 MOUNTAIN WEST SMALL BUSINESS FINANCE MOUN 8014123775 2595 EAST 3300 SOUTH SALT LAKE CITY UT 84109 SPENCER DAVIS CEO 8014743232 2026-01-21 true false DEREK W WEIL CPA P01300566 8013282011 2026-01-21 2024 2025-03-06 01:10:19Z SPENCER DAVIS 2595 E 3300 S SALT LAKE CITY UT 841092727 11752912 false X X 1980 UT TO FURTHER ECONOMIC DEVELOPMENT BY PROMOTING AND ASSISTING THE GROWTH AND DEVELOPMENT OF SMALL BUSINESS. 10 9 51 0 0 10890598 11612906 58219 140006 0 10948817 11752912 0 0 5946522 6820676 0 0 2392810 2301021 8339332 9121697 2609485 2631215 14174209 16568590 3539123 3302289 10635086 13266301 TO FURTHER THE ECONOMIC DEVELOPMENT BY PROMOTING AND ASSISTING THE GROWTH AND DEVELOPMENT OF SMALL BUSINESS. false false 7768148 11752912 FINANCIALLY ASSIST SMALL BUSINESS DEVELOPMENT BY ADMINISTERING SMALL BUSINESS ADMINISTRATION (SBA) 504 LOANS. 7768148 false false false false false false false false false true false false true true true true false false false false false false false false false false false false true false false false false false false true true false false false false false false false false true 21 0 false 51 true false false false false false false false false X 10 9 true false false false false true false true true false false true true true true true true true true false X JOHN D EVANS 8014123772 2595 EAST 3300 SOUTH SALT LAKE CITY UT 841092727 JOHN D EVANS FORMER PRESI 40.00 X 357814 0 0 DANIEL MANGUM PRESIDENT AN 40.00 X 311492 0 0 SPENCER DAVIS CEO 40.00 X X 264901 0 0 JUDSON BLAKESLEY VP LOAN OFFI 40.00 X 251812 0 0 ROBERT EDMINISTER SR. VICE PRE 40.00 X 186605 0 0 CURTIS SINGLETON VP LOAN OFFI 40.00 X 180009 0 0 JEFFREY VANCHIERE VP LOAN OFFI 40.00 X 179428 0 0 TYLER HEALEY VP LOAN OFFI 40.00 X 176605 0 0 BLAKE BECK VP LOAN OFFI 40.00 X 160702 0 0 KIMBERLY HOLLEY VP LOAN OFFI 40.00 X 154863 0 0 ZIANIBETH SHATTUCK-OWEN VP HUMAN RES 40.00 X 119150 0 0 MARYANN GERBER VP BUDGET/FI 40.00 X 109870 0 0 KAY WARD VP CLOSING M 40.00 X 92330 0 0 HOLLIE OSWALD-BOSS VP SERVICING 40.00 X 89130 0 0 TREVOR ANDERSEN DIRECTOR 2.00 X 0 0 0 CLINT BUYS DIRECTOR 2.00 X 0 0 0 RUSS COWLEY DIRECTOR 2.00 X 0 0 0 LAUREN FARNSWORTH DIRECTOR 2.00 X 0 0 0 HOLLY GALBRAITH DIRECTOR 2.00 X 0 0 0 SHELLY JOHNSON DIRECTOR 2.00 X 0 0 0 CLARE LEISHMAN DIRECTOR 2.00 X 0 0 0 KEN POULSEN DIRECTOR 2.00 X 0 0 0 KELER SOFFE DIRECTOR 2.00 X 0 0 0 2634711 12 false true false PAUL H VAN DYKE PLLC PO BOX 9843 SALT LAKE CITY UT 84109 ATTORNEY 298500 DESERET GRSS LLC 2595 E 3300 S SALT LAKE CITY UT 84109 RENTAL 182422 WALKER AND JONES PLLC 520 E TABERNACLE STE 100 ST GEORGE UT 84770 ATTORNEY 178750 3 SBA INCOME 11274070 11274070 COMMUNITY ADVANTAGE 252484 252484 USDA IRP 78725 78725 RESERVE RECOVERY 7627 7627 11612906 140006 140006 11752912 11752912 2892703 2458796 433907 2420983 2057836 363147 1144201 972571 171630 362789 308371 54418 100428 85364 15064 55392 47083 8309 26500 22525 3975 650416 552854 97562 32562 27678 4884 230424 195860 34564 242954 206511 36443 229089 194726 34363 3539 3008 531 33997 28897 5100 51421 43708 7713 MOUNTAIN WEST FOUNDATION 210419 178856 31563 DUES TRAINING AND SERVICE 153045 130088 22957 EQUIPMENT MAINTENANCE 98050 98050 COMMUNICATIONS 65153 55380 9773 117632 99986 17646 9121697 7768148 1353549 0 6539706 8833377 3168708 3159917 1536991 1535457 86944 58485 2665670 1207633 1466121 1458037 1375739 1523317 14174209 16568590 1766555 1600692 1772568 1701597 3539123 3302289 X 10417616 13045932 217470 220369 10635086 13266301 14174209 16568590 2631215 X false true X true false 5715 4224 1491 277310 178897 98413 2382645 1024512 1358133 1458037 NOTES RECEIVABLE 1523317 1523317 NOTES PAYABLE 1701597 1701597 X 11752912 11752912 11752912 9121697 9121697 9121697 SCHEDULE D, PAGE 3, PART X MWSBF IS A NON-PROFIT ORGANIZATION, WHICH IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE. THEREFORE, NO PROVISION HAS BEEN MADE IN THE FINANCIAL STATEMENTS FOR INCOME TAXES, OR RELATED INCOME TAX ASSETS AND LIABILITIES. FASB HAS PROVIDED GUIDANCE FOR HOW UNCERTAIN TAX POSITIONS SHOULD BE RECOGNIZED, MEASURED, DISCLOSED AND PRESENTED IN THE FINANCIAL STATEMENTS. THIS REQUIRES THE EVALUATION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING THE ENTITY'S TAX RETURNS TO DETERMINE WHETHER THE TAX POSITIONS ARE "MORELIKELY-THAN-NOT" OF BEING SUSTAINED "WHEN CHALLENGED- OR "WHEN EXAMINED" BY THE APPLICABLE TAXING AUTHORITY. FOR 2025 AND 2024, MANAGEMENT HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN INCOME TAX POSITIONS. X X false false false false false false false false false JOHN D EVANS FORMER PRESIDENT 212764 145050 357814 DANIEL MANGUM PRESIDENT AND COO 178992 132500 311492 SPENCER DAVIS CEO 157901 107000 264901 JUDSON BLAKESLEY VP LOAN OFFICER 150812 101000 251812 ROBERT EDMINISTER SR. VICE PRESIDENT 126605 60000 186605 CURTIS SINGLETON VP LOAN OFFICER 118759 61250 180009 JEFFREY VANCHIERE VP LOAN OFFICER 106678 72750 179428 TYLER HEALEY VP LOAN OFFICER 120855 55750 176605 BLAKE BECK VP LOAN OFFICER 103702 57000 160702 KIMBERLY HOLLEY VP LOAN OFFICER 96853 58010 154863 JEN ELTON JEFF VANCHIERE SISTER OF 55899 EMPLOYEE false DESERET GRSS OWNERSHIP 182422 CURRENT OFFICER false DESERET PARTNERS 2 OWNERSHIP 32291 CURRENT OFFICER false FORM 990, PAGE 6, PART VI, LINE 2 SEE SCHEDULE L, PART IV FORM 990, PAGE 6, PART VI, LINE 7A THE MEMBERSHIP ELECTS THE GOVERNING BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 11B EACH VOTING MEMBER OF THE BOARD OF DIRECTORS RECEIVES A COPY OF THE 990 PRIOR TO ITS BEING FILED. THE 990 IS PREPARED BY AN INDEPENDENT CPA FIRM. THE INDEPENDENT CPA REVIEWS THE 990 WITH THE AUDIT COMMITTEE OF THE ORGANIZATION AND ONCE THE AUDIT COMMITTEE AND BOARD OF DIRECTORS ARE SATISFIED THAT THE RETURN IS COMPLETE AND ACCURATE THEY ADVISE THE CPA TO FILE THE RETURN ELECTRONICALLY. FORM 990, PAGE 6, PART VI, LINE 12C ONCE EACH YEAR THE FULL BOARD OF DIRECTORS IS ASKED IF THEY HAVE ANY CONFLICTS OF INTEREST. IF A BOARD MEMBER DISCLOSES A CONFLICT OF INTEREST THE FULL BOARD REVIEWS THE POTENTIAL CONFLICT AND DELIBERATES ON THE ULTIMATE DISPOSITION OF THE CONFLICT. FORM 990, PAGE 6, PART VI, LINE 15A ALL COMPENSATION PAYMENTS ARE REVIEWED ANNUALLY BY THE ORGANIZATION'S COMPENSATION COMMITTEE. THE COMMITTEE REVIEWS COMPENSATION SURVEYS BOTH FOR THE STATE OF UTAH AND NATIONAL SURVEYS PRIOR TO EVALUATING AND REVIEWING EACH EMPLOYEE. FORM 990, PAGE 6, PART VI, LINE 15B ALL COMPENSATION PAYMENTS ARE REVIEWED ANNUALLY BY THE ORGANIZATION'S COMPENSATION COMMITTEE. THE COMMITTEE REVIEWS COMPENSATION SURVEYS BOTH FOR THE STATE OF UTAH AND NATIONAL SURVEYS PRIOR TO EVALUATING AND REVIEWING EACH EMPLOYEE. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST.