Nonprofit · EIN 81-0465605
GREAT FLS DEVELOPMENT AUTHORITY INC
Tax-exempt · GREAT FALLS, MT 59403
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $9,127,676 | $4,119,294 | $5,008,382 | $39,178,058 | $11,612,893 | $27,565,165 |
| June 30, 2024 | 990 | $9,946,706 | $4,315,755 | $5,630,951 | $32,752,170 | $10,195,387 | $22,556,783 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,716,382
- of which government grants
- $1,341,993
- Program service revenue
- $6,861,962
- Investment income
- $1
- Net rental income
- $9,509
- Other revenue
- $549,331
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $299,461
- Other salaries and wages
- $1,424,091
- Salaries, compensation and benefits (total)
- $2,119,480
- Professional fundraising fees
- $0
- Legal fees
- $6,957
- Accounting fees
- $20,590
- Travel
- $128,565
- Depreciation
- $14,189
- Program services (functional)
- $3,864,930
- Management and general (functional)
- $183,131
- Fundraising (functional)
- $71,233
Balance sheet and other
- Total assets, start of year
- $32,752,170
- Total assets, end of year
- $39,178,058
- Total liabilities, end of year
- $11,612,893
- Net assets, end of year
- $27,565,165
- Land, buildings and equipment
- $27,172
- Net assets without donor restrictions
- $11,271,564
- Net assets with donor restrictions
- $16,293,601
- Gross receipts
- $9,127,676
- Employees
- 27
- Volunteers
- 125
- Year formed
- 1990
- 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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| BRETT DONEY | PRESIDENT Officer | 40 | $243,973 | $34,480 |
| JOLENE SCHALPER | VICE PRESIDENT Highest-paid employee | 40 | $107,179 | $35,054 |
| JOHNNA LIGHTBOURNE | CHAIR Trustee or director, Officer | 1.5 | $0 | $0 |
| NATE WEISENBURGER | TREASURER Trustee or director, Officer | 1.5 | $0 | $0 |
| ANDREAS GERANIOS | SECRETARY Trustee or director, Officer | 1.5 | $0 | $0 |
| SHERRIE AREY | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| REED BASSETT | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| GLENN BLISS | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| JOE BRIGGS | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| ED BROWN | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| MARK CAPPIS | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| KYLIE CARRANZA | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| JIM DEA | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| REBECCA ENGUM | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| STEPHANIE ERDMANN | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
30 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SHANE ETZWILER | DIRECTOR Trustee or director | 1.5 | $0 |
| RANDY GILBERTSON | DIRECTOR Trustee or director | 1.5 | $0 |
| DANI GREBE | DIRECTOR Trustee or director | 1.5 | $0 |
| ROB HANEY | DIRECTOR Trustee or director | 1.5 | $0 |
| BRETT HARRIS | DIRECTOR Trustee or director | 1.5 | $0 |
| TOM HEISLER | DIRECTOR Trustee or director | 1.5 | $0 |
| KYLE HERDA | DIRECTOR Trustee or director | 1.5 | $0 |
| SHANNON HOILAND | DIRECTOR Trustee or director | 1.5 | $0 |
| DWAYNE HOWARD | DIRECTOR Trustee or director | 1.5 | $0 |
| HEATHER HOYER | DIRECTOR Trustee or director | 1.5 | $0 |
| KACI HUSTED | DIRECTOR Trustee or director | 1.5 | $0 |
| TRACY JERMAN | DIRECTOR Trustee or director | 1.5 | $0 |
| PEYTON JOHNSON | DIRECTOR Trustee or director | 1.5 | $0 |
| TOBY MALSAM | DIRECTOR Trustee or director | 1.5 | $0 |
| ZACH MENDENHALL | DIRECTOR Trustee or director | 1.5 | $0 |
| MIKE MILLS | DIRECTOR Trustee or director | 1.5 | $0 |
| TYLER MUZZANA | DIRECTOR Trustee or director | 1.5 | $0 |
| GEORGE NIKOLAKAKOS | DIRECTOR Trustee or director | 1.5 | $0 |
| JAYSON OLTOFF | DIRECTOR Trustee or director | 1.5 | $0 |
| RAYMOND PORTER | DIRECTOR Trustee or director | 1.5 | $0 |
| DAN REARDEN | DIRECTOR Trustee or director | 1.5 | $0 |
| ERROL RICE | DIRECTOR Trustee or director | 1.5 | $0 |
| BRITTANY RILEY | DIRECTOR Trustee or director | 1.5 | $0 |
| DENISE SCHNIDER | DIRECTOR Trustee or director | 1.5 | $0 |
| DAVE SMITH | DIRECTOR Trustee or director | 1.5 | $0 |
| MORGAN TWEET | DIRECTOR Trustee or director | 1.5 | $0 |
| SHARON VIRGIN | DIRECTOR Trustee or director | 1.5 | $0 |
| JESSE WALDENBERG | DIRECTOR Trustee or director | 1.5 | $0 |
| LEN WATKINS | DIRECTOR Trustee or director | 1.5 | $0 |
| PATRICK WOODALL | DIRECTOR Trustee or director | 1.5 | $0 |
990 for the year ended June 30, 2024: 51 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| BRETT DONEY | PRESIDENT Officer | 40 | $196,415 | $30,716 |
| MARK CAPPIS | CHAIR Trustee or director, Officer | 1.5 | $0 | $0 |
| JENNIFER FRITZ | VICE CHAIR Trustee or director, Officer | 1.5 | $0 | $0 |
| FORREST EHLINGER | TREASURER Trustee or director, Officer | 1.5 | $0 | $0 |
| DAN REARDEN | SECRETARY Trustee or director, Officer | 1.5 | $0 | $0 |
| MARK MACEK | IMMEDIATE PAST CHAIR Trustee or director | 1.5 | $0 | $0 |
| SHERRIE AREY | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| REED BASSETT | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| GLENN BLISS | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| JOE BRIGGS | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| LEW CARD | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| KYLIE CARRANZA | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| ASHLEY CLARK | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| JIM DEA | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| JOSH DEVOS | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| NEIL DUBOIS | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| REBECCA ENGUM | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| DR STEPHANIE ERDMANN | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| SHANE ETZWILER | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| JOHN FAULKNER | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| ANDREAS GERANIOS | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| RANDY GILBERTSON | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| DANI GREBE | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| ROB HANEY | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| THOMAS HEISLER III | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| SHANNON HOILAND | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| JODY JOHNSON | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| PEYTON JOHNSON | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| MARTIN KUTCHA | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| TED LEWIS | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| JOHNNA LIGHTBOURNE | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| TOBY MALSAM | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| ZACH MENDENHALL | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| MIKE MILLS | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| TOM MOORE | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| TYLER MUZZANA | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| GEORGE NIKOLAKAKOS | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| DR RENEE PERA | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| RAYMOND PORTER | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| ERROL RICE | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| BRITTANY RILEY | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| DENISE SCHNIDER | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| DAVE SMITH | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| MORGAN TWEET | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| SHARON VIRGIN | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| JESSE WALDENBERG | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| LEN WATKINS | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| NATE WEISENBURGER | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| PATRICK WOODALL | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| ROB WORDEN | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| JANNA YUHUS | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 949, GREAT FALLS, MT 59403-0949
- In care of
- % GREAT FALLS DEVELOPMENT AUTHORITY
- Principal officer (990 for 2024)
- BRETT DONEY, PO BOX 949, GREAT FALLS, MT 59403
- Signed the 990
- BRETT DONEY, PRESIDENT
- Phone
- (406) 750-2119
- Return prepared by
- DOUGLAS WILSON & COMPANY PC
Mission
GFDA'S MISSION IS TO GROW DIVERSE ECONOMIC OPPORTUNITIES THAT ENHANCE QUALITY OF LIFE. GFDA SEEKS TO TRANSFORM GREAT FALLS, MONTANA AND THE SURROUNDING RURAL AND TRIBAL REGION INTO A THRIVING ECONOMY THAT RAISES THE STANDARD OF LIVING, PARTICULARLY FOR UNDERSERVED POPULATIONS AND ECONOMICALLY DISTRESSED AREAS, AND CREATES GREATER ECONOMIC OPPORTUNITY FOR PEOPLE, ENTREPRENEURS, AND BUSINESSES.
Program accomplishments
- THE ORGANIZATION PROVIDES BUSINESS DEVELOPMENT SERVICES THROUGHOUT A 13-COUNTY, 44,000 SQUARE MILE REGION OF NORTH CENTRAL MONTANA THAT INCLUDES URBAN, RURAL AND TRIBAL AREAS. THESE SERVICES FOCUS ON THE FOUR ASPECTS OF THE ORGANIZATION'S ECONOMIC DEVELOPMENT STRATEGY - PEOPLE, PLACE, OPPORTUNITIES, AND TEAM. THE ORGANIZATION'S STRATEGY DETAILED 19 PRIORITIES AND 60 SPECIFIC ACTIONS TO UNDERTAKE OVER THE NEXT THREE YEARS. AS PART OF THIS WORK, THE ORGANIZATIONS HOSTS A SMALL BUSINESS DEVELOPMENT CENTER, AN APEX ACCELERATOR CENTER, A FOOD & AG DEVELOPMENT CENTER, AND A BROWNFIELDS REDEVELOPMENT PROGRAM. THE ORGANIZATION ASSISTS OVER 700 ENTREPRENEURS, BUSINESSES, AND NON-PROFIT ORGANIZATIONS A YEAR THROUGH ADVISING, TRAINING, AND DEVELOPMENT SERVICES.Expenses $1,508,713 · revenue $4,303,143
- THE ORGANIZATION IS A CERTIFIED COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION THAT PROVIDES GAP AND BRIDGE FINANCING TO ENTREPRENEURS, BUSINESSES, DEVELOPERS AND NON-PROFITS WHO CANNOT SECURE ALL THE FINANCING THEY NEED FROM CONVENTIONAL SOURCES. THE ORGANIZATION HAS THIRTEEN REVOLVING LOAN FUNDS CAPITALIZED FROM A VARIETY OF PUBLIC AND PRIVATE SOURCES. TO DATE, THE ORGANIZATION HAS MADE 209 LOANS TOTALING $72,403,010 THAT HAVE MADE POSSIBLE TOTAL INVESTMENT OF OVER $350,000,000, CREATING THOUSANDS OF JOBS, A NUMBER OF NEW BUSINESSES AND RENOVATED PROPERTIES, AND HUNDREDS OF NEW APARTMENTS. THE ORGANIZATION MANAGES A SEPARATE NON-PROFIT, HIGH PLAINS FINANCIAL, THAT IS A SBA-CERTIFIED COMMUNITY DEVELOPMENT CORPORATION PROVIDING SBA 504 LOANS STATEWIDE ACROSS MONTANA.Expenses $1,714,890 · revenue $617,119
- THE ORGANIZATION IS DEVELOPING A HEAVY INDUSTRIAL RAIL-SERVED INDUSTRIAL PARK, THE GREAT FALLS AGRITECH PARK, TO PROVIDE SITES NOT AVAILABLE FROM THE PRIVATE SECTOR FOR BUSINESS STARTUPS, EXPANSIONS AND ATTRACTION. EIGHT COMPANIES HAVE PURCHASED LOTS IN THE PARK. TO DATE, FOUR COMPANIES HAVE COMPLETED NEW FACILITIES IN THE PARK.Expenses $524,945 · revenue $341,179
- SPECIAL PROJECTSExpenses $116,382 · revenue $2,149,852
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 81-0465605
- 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
- 1992
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S430)
- Assets (IRS master file)
- $39,178,058
- Income (IRS master file)
- $9,127,676
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $9,127,676 | $4,119,294 | $39,178,058 | XML |
| 990 | June 2024 | $9,946,706 | $4,315,755 | $32,752,170 | XML |
| 990 | June 2023 | $5,654,586 | $3,976,349 | $24,426,365 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | 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 81-0465605).
Questions about GREAT FLS DEVELOPMENT AUTHORITY INC
- What is the EIN of GREAT FLS DEVELOPMENT AUTHORITY INC?
- The employer identification number (EIN) of GREAT FLS DEVELOPMENT AUTHORITY INC is 81-0465605.
- Is GREAT FLS DEVELOPMENT AUTHORITY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
- Are donations to GREAT FLS DEVELOPMENT AUTHORITY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GREAT FLS DEVELOPMENT AUTHORITY INC 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 GREAT FLS DEVELOPMENT AUTHORITY INC 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 GREAT FLS DEVELOPMENT AUTHORITY INC 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 GREAT FLS DEVELOPMENT AUTHORITY INC?
- The 990 for the year ended June 30, 2025 names BRETT DONEY.
- Who are the officers and directors of GREAT FLS DEVELOPMENT AUTHORITY INC?
- The 990 for the year ended June 30, 2025 lists 45 people; 2 received compensation from the organization, the highest $243,973 (BRETT DONEY, PRESIDENT).
- How much revenue does GREAT FLS DEVELOPMENT AUTHORITY INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $9,127,676, expenses of $4,119,294 and total assets of $39,178,058 at year end.
Other nonprofits in GREAT FALLS
- MONTANA COOPERATIVE DEVELOPMENT CENTER INC EIN 20-0436490 · last filed 990 for 2025
- GREAT FALLS CONVENTION AND VISITORS BUREAU EIN 90-0360866 · last filed 990 for 2025
- GREAT FALLS CITY CENTER ASSOCIATION INC EIN 81-0283773 · last filed 990-EZ for 2025
- PEGASUS FIXED BASE OPERATORS EIN 27-3348636 · last filed 990-EZ for 2025
- HIGH PLAINS FINANCIAL INC EIN 86-1052206 · last filed 990 for 2025
- JUNIOR LEAGUE OF GREAT FALLS INC EIN 81-6011547 · last filed 990-EZ for 2025
- MONTANA TEXTILE SERVICES ASSOCAITION EIN 81-6045069 · last filed 990-N for 2024
- PARTNERING FOR PREVENTION - TAKING A STAND AGAINST VIOLENCE EIN 82-3098656 · last filed 990-N for 2024
All nonprofits in GREAT FALLS · Montana · Community improvement and capacity building