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Nonprofit · EIN 22-3880639

BIG SKY ECONOMIC DEVELOPMENT CORPORATION

Tax-exempt · BILLINGS, MT 59101

Financials

$2.1M$1.5M2022$3.2M$1.6M2023$2.4M$1.6M2024
Revenue Expenses · by fiscal year end
Financials of BIG SKY ECONOMIC DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$2,357,871$1,587,112$770,759$6,047,605$153,476$5,894,129
June 30, 2024990$3,187,457$1,565,004$1,622,453$5,205,774$82,404$5,123,370
June 30, 2023990$2,056,608$1,489,314$567,294$3,741,252$234,128$3,507,124
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$1,527,678
of which government grants
$714,500
Membership dues
$342,679
Program service revenue
$647,499
Investment income
$181,904
Other revenue
$790

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$116,996
Other salaries and wages
$677,739
Salaries, compensation and benefits (total)
$991,926
Professional fundraising fees
$0
Legal fees
$22,500
Accounting fees
$51,437
Occupancy
$100,886
Travel
$31,413
Program services (functional)
$1,470,495
Management and general (functional)
$116,617

Balance sheet and other

Total assets, start of year
$5,205,774
Total assets, end of year
$6,047,605
Total liabilities, end of year
$153,476
Net assets, end of year
$5,894,129
Net assets without donor restrictions
$5,259,179
Net assets with donor restrictions
$634,950
Gross receipts
$2,357,871
Employees
0
Volunteers
22
Year formed
2002
State of legal domicile
MT

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
STEVE ARVESCHOUGEXECUTIVE DIRECTOR
Officer
40$0$153,883$27,153
ANDY GOTTIMMEDIATE PAST CHAIR
Trustee or director, Officer
1$0$0$0
BOB WILMOUTHDIRECTOR
Trustee or director
1$0$0$0
COLE DERKSDIRECTOR
Trustee or director
1$0$0$0
DAVE BALLARDDIRECTOR
Trustee or director
1$0$0$0
DJ CLARKDIRECTOR
Trustee or director
1$0$0$0
GEORGE WARMERDIRECTOR
Trustee or director
1$0$0$0
JENNIFER KOBZAVICE CHAIR
Trustee or director, Officer
1$0$0$0
JENNIFER WEAVER KONDRACKISECRETARY/TREASURER
Trustee or director, Officer
1$0$0$0
JERRY SIMONSONDIRECTOR
Trustee or director
1$0$0$0
JUDI POWERSDIRECTOR
Trustee or director
1$0$0$0
KEAGAN HARSHADIRECTOR
Trustee or director
1$0$0$0
KIM JAKUBDIRECTOR
Trustee or director
1$0$0$0
MARK MORSEDIRECTOR
Trustee or director
1$0$0$0
MATT ROBERTSONDIRECTOR
Trustee or director
1$0$0$0
8 more people on this return
NameTitleHours / weekCompensation
MICHAEL PHILLIPSDIRECTOR
Trustee or director
1$0
MIKE MARSHDIRECTOR
Trustee or director
1$0
MOLLY SCHWENDDIRECTOR
Trustee or director
1$0
NICK PANCHEAUCHAIR
Trustee or director, Officer
1$0
NICOLE MEHLINGDIRECTOR
Trustee or director
1$0
SPENCER FREDERICKDIRECTOR
Trustee or director
1$0
STEFANI HICSWAMEMBER AT LARGE
Trustee or director, Officer
1$0
TYLER WILTGENDIRECTOR
Trustee or director
1$0
990 for the year ended June 30, 2024: 23 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
STEVE ARVESCHOUGEXECUTIVE DIRECTOR
Officer
40$0$170,121$29,607
ANDY GOTTCHAIR
Trustee or director, Officer
1$0$0$0
BOB WILMOUTHDIRECTOR
Trustee or director
1$0$0$0
DAVE BALLARDDIRECTOR
Trustee or director
1$0$0$0
DJ CLARKDIRECTOR
Trustee or director
1$0$0$0
GEORGE WARMERDIRECTOR
Trustee or director
1$0$0$0
JENNIFER KOBZASECRETARY/TREASURER
Trustee or director, Officer
1$0$0$0
JENNIFER WEAVER KONDRACKIDIRECTOR
Trustee or director
1$0$0$0
JOHN OSTLUNDDIRECTOR
Trustee or director
1$0$0$0
JUDI POWERSMEMBER AT LARGE
Trustee or director, Officer
1$0$0$0
KEAGAN HARSHADIRECTOR
Trustee or director
1$0$0$0
KIM JAKUBIMMEDIATE PAST CHAIR
Trustee or director, Officer
1$0$0$0
MAC FOGELSONGDIRECTOR
Trustee or director
1$0$0$0
MATT ROBERTSONDIRECTOR
Trustee or director
1$0$0$0
MICHAEL PHILLIPSDIRECTOR
Trustee or director
1$0$0$0
MIKE MARSHDIRECTOR
Trustee or director
1$0$0$0
MIKE SEPPALADIRECTOR
Trustee or director
1$0$0$0
MOLLY SCHWENDDIRECTOR
Trustee or director
1$0$0$0
NICK PANCHEAUVICE CHAIR
Trustee or director, Officer
1$0$0$0
NICOLE MEHLINGDIRECTOR
Trustee or director
1$0$0$0
SPENCER FREDERICKDIRECTOR
Trustee or director
1$0$0$0
STEFANI HICSWADIRECTOR
Trustee or director
1$0$0$0
TYLER WILTGENDIRECTOR
Trustee or director
1$0$0$0
990 for the year ended June 30, 2023: 23 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
STEVE ARVESCHOUGEXECUTIVE DIRECTOR
Officer
40$0$170,121$29,607
ANDY GOTTVICE CHAIR
Trustee or director, Officer
1$0$0$0
ANN KOSEMPAIMMEDIATE PAST CHAIR
Trustee or director, Officer
1$0$0$0
BOB WILMOUTHDIRECTOR
Trustee or director
1$0$0$0
CRAIG BARTHOLOMEWDIRECTOR
Trustee or director
1$0$0$0
DAVE BALLARDDIRECTOR
Trustee or director
1$0$0$0
DJ CLARKDIRECTOR
Trustee or director
1$0$0$0
JENNIFER KOBZAMEMBER AT LARGE
Trustee or director, Officer
1$0$0$0
JENNIFER WEAVER KONDRACKIDIRECTOR
Trustee or director
1$0$0$0
KIM JAKUBCHAIR
Trustee or director, Officer
1$0$0$0
MAC FOGELSONGDIRECTOR
Trustee or director
1$0$0$0
MICHAEL PHILLIPSDIRECTOR
Trustee or director
1$0$0$0
MIKE MARSHDIRECTOR
Trustee or director
1$0$0$0
MIKE NELSONDIRECTOR
Trustee or director
1$0$0$0
MIKE SEPPALADIRECTOR
Trustee or director
1$0$0$0
NICK PANCHEAUSECRETARY/TREASURER
Trustee or director, Officer
1$0$0$0
SPENCER FREDERICKDIRECTOR
Trustee or director
1$0$0$0
STEFANI HICSWADIRECTOR
Trustee or director
1$0$0$0
KEAGAN HARSHADIRECTOR
Trustee or director
1$0$0$0
NICOLE MEHLINGDIRECTOR
Trustee or director
1$0$0$0
JOHN OSTLUNDDIRECTOR
Trustee or director
1$0$0$0
MOLLY SCHWENDDIRECTOR
Trustee or director
1$0$0$0
TYLER WILTGENDIRECTOR
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
201 N BROADWAY, BILLINGS, MT 59101-1936
In care of
% JOEL L KALEVA
Principal officer (990 for 2024)
TAMI FLEETWOOD, 201 N BROADWAY, BILLINGS, MT 59101
Signed the 990
TAMI FLEETWOOD, SENIOR FINANCIAL OFFICER
Phone
(406) 256-6871
Return prepared by
PINION LLC

Mission

TO PROMOTE, STIMULATE, AND ADVANCE THE GENERAL WELFARE AND ECONOMIC DEVELOPMENT FOR BILLINGS, YELLOWSTONE COUNTY, AND THE STATE OF MONTANA.

990 for the year ended June 30, 2025

Program accomplishments

  • RECRUIT BUSINESSES TO BILLINGS AND YELLOWSTONE COUNTY.
    Expenses $184,074
  • RECRUIT, RETAIN, AND ENGAGE MEMBER INVESTORS IN ECONOMIC DEVELOPMENT ACTIVITIES IN BILLINGS, YELLOWSTONE COUNTY, AND THE STATE OF MONTANA.
    Expenses $143,288
  • PROVIDE BUSINESS FINANCING OPPORTUNITIES VIA A REVOLVING LOAN PROGRAM OR THE SBA 504 LOAN PROGRAM.
    Expenses $993,390 · revenue $648,289
  • TO PROMOTE, STIMULATE, AND ADVANCE THE GENERAL WELFARE AND ECONOMIC DEVELOPMENT FOR BILLINGS, YELLOWSTONE COUNTY, AND THE STATE OF MONTANA.
    Expenses $149,743

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
22-3880639
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2003
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$6,047,605
Income (IRS master file)
$2,357,871

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$2,357,871$1,587,112$6,047,605XML
990June 2024$3,187,457$1,565,004$5,205,774IRS
990June 2023$2,056,608$1,489,314$3,741,252XML
990June 2022$1,982,472$1,912,681$3,059,757IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 22-3880639).

Questions about BIG SKY ECONOMIC DEVELOPMENT CORPORATION

What is the EIN of BIG SKY ECONOMIC DEVELOPMENT CORPORATION?
The employer identification number (EIN) of BIG SKY ECONOMIC DEVELOPMENT CORPORATION is 22-3880639.
Is BIG SKY ECONOMIC DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
Are donations to BIG SKY ECONOMIC DEVELOPMENT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BIG SKY ECONOMIC DEVELOPMENT CORPORATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of BIG SKY ECONOMIC DEVELOPMENT CORPORATION due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BIG SKY ECONOMIC DEVELOPMENT CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of BIG SKY ECONOMIC DEVELOPMENT CORPORATION?
The 990 for the year ended June 30, 2025 names TAMI FLEETWOOD.
Who are the officers and directors of BIG SKY ECONOMIC DEVELOPMENT CORPORATION?
The 990 for the year ended June 30, 2025 lists 23 people; 0 received compensation from the organization.
How much revenue does BIG SKY ECONOMIC DEVELOPMENT CORPORATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $2,357,871, expenses of $1,587,112 and total assets of $6,047,605 at year end.

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