Nonprofit · EIN 87-0541417
MOUNTAIN WEST CAPITAL NETWORK
Tax-exempt · SALT LAKE CTY, UT 84101
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $723,512 | $711,606 | $11,906 | $1,315,278 | $547,201 | $768,077 |
| December 31, 2024 | 990 | $586,253 | $501,925 | $84,328 | $1,234,553 | $478,382 | $756,171 |
| December 31, 2023 | 990 | $577,223 | $483,367 | $93,856 | $1,103,248 | $431,406 | $671,842 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $692,228
- Investment income
- $31,284
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $230,168
- Salaries, compensation and benefits (total)
- $248,114
- Professional fundraising fees
- $0
Balance sheet and other
- Total assets, start of year
- $1,234,553
- Total assets, end of year
- $1,315,278
- Total liabilities, end of year
- $547,201
- Net assets, end of year
- $768,077
- Gross unrelated business income
- $31,284
- Gross receipts
- $723,512
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1983
- State of legal domicile
- UT
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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CHERI M WALDRON | EXECUTIVE DIRECTOR Trustee or director, Officer | 40 | $161,402 | $3,142 |
| KATIE BROWN | BUSINESS OPERATIONS SPECIALIST Officer | 2 | $65,625 | $0 |
| REED CHASE | TRUSTEE Trustee or director, Officer | 0.5 | $0 | $0 |
| TODD A REECE | EXECUTIVE COMMITTEE Trustee or director, Officer | 3 | $0 | $0 |
| PAUL SKEEN | VICE-CHAIRMAN/TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| RYAN DENT | CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| GARIT LAWSON | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| TYLER HARVEY | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| KEVIN JESSOP | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| TED MCALEER | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| RILEY CUTLER | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| JASON ROBERTS | PRESIDENT-ELECT Trustee or director, Officer | 2 | $0 | $0 |
| FRANCI EISENBERG | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| CHRIS BADGER | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| CHAD FRAUGHTON | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
30 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID STAHL | TRUSTEE Trustee or director | 0.5 | $0 |
| JACOB MOON | TRUSTEE Trustee or director | 0.5 | $0 |
| JENNIFER CHRISTOPULOS | TRUSTEE Trustee or director | 0.5 | $0 |
| TERRY PRATCHETT | TRUSTEE Trustee or director | 0.5 | $0 |
| KADY REECE | EXECUTIVE COMMITTEE Trustee or director, Officer | 2 | $0 |
| TODD GORDON | TRUSTEE Trustee or director | 0.5 | $0 |
| MATT CASTLEBERRY | EXECUTIVE COMMITTEE Trustee or director, Officer | 2 | $0 |
| RAYMOND CHIPMAN | TRUSTEE Trustee or director | 0.5 | $0 |
| LANCE SOFFE | TRUSTEE Trustee or director | 0.5 | $0 |
| STEVE LAKE | TRUSTEE Trustee or director | 0.5 | $0 |
| BRYSON LORD | TRUSTEE Trustee or director | 0.5 | $0 |
| MATT BARTHOLOMEW | EXECUTIVE COMMITTEE Trustee or director, Officer | 2 | $0 |
| NICHOLAS HINTZE | TRUSTEE Trustee or director | 0.5 | $0 |
| JEFF JOHNSON | TRUSTEE Trustee or director | 0.5 | $0 |
| JUSTIN BLAIR | TRUSTEE Trustee or director | 0.5 | $0 |
| PAUL THOMSEN | TRUSTEE Trustee or director | 0.5 | $0 |
| CASSIDY ANDERSON | TRUSTEE Trustee or director | 0.5 | $0 |
| DANIEL OLSON | TRUSTEE Trustee or director | 0.5 | $0 |
| DARREN SIEGRIST | TRUSTEE Trustee or director | 0.5 | $0 |
| ERIC SMITH | TRUSTEE Trustee or director | 0.5 | $0 |
| ERIKA WHITMORE | TRUSTEE Trustee or director | 0.5 | $0 |
| FINN ROBBINS | TRUSTEE Trustee or director | 0.5 | $0 |
| JOEL RACKER | TRUSTEE Trustee or director | 0.5 | $0 |
| MATT MCREYNOLDS | TRUSTEE Trustee or director | 0.5 | $0 |
| MICHAEL SAYRE | TRUSTEE Trustee or director | 0.5 | $0 |
| PETER STEVENSON | TRUSTEE Trustee or director | 0.5 | $0 |
| RYAN OLLIVER | TRUSTEE Trustee or director | 0.5 | $0 |
| TONI MARTINEZ | TRUSTEE Trustee or director | 0.5 | $0 |
| ZACH LARKIN | TRUSTEE Trustee or director | 0.5 | $0 |
| CORY NIELSON | TRUSTEE Officer | 0.5 | $0 |
990 for the year ended December 31, 2024: 45 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CHERI M WALDRON | EXECUTIVE DIRECTOR & SECRE Trustee or director, Officer | 40 | $115,020 | $3,142 |
| REED CHASE | TRUSTEE Trustee or director, Officer | 0.5 | $0 | $0 |
| TODD A REECE | EXECUTIVE COMMITTEE Trustee or director, Officer | 3 | $0 | $0 |
| PAUL SKEEN | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| RYAN DENT | CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| GARIT LAWSON | VICE PRESIDENT, PODCAST VICE CHAIR Trustee or director | 0.5 | $0 | $0 |
| TYLER HARVEY | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| KEVIN JESSOP | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| TED MCALEER | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| RILEY CUTLER | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| JASON ROBERTS | PRESIDENT-ELECT Trustee or director, Officer | 2 | $0 | $0 |
| FRANCI EISENBERG | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| CHRIS BADGER | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| CHAD FRAUGHTON | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| DAVID STAHL | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| JACOB MOON | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| JENNIFER CHRISTOPULOS | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| TERRY PRATCHETT | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| KADY REECE | EXECUTIVE COMMITTEE Trustee or director, Officer | 2 | $0 | $0 |
| TODD GORDON | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| MATT CASTLEBERRY | EXECUTIVE COMMITTEE Trustee or director, Officer | 2 | $0 | $0 |
| RAYMOND CHIPMAN | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| LANCE SOFFE | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| STEVE LAKE | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| BRYSON LORD | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| MATT BARTHOLOMEW | EXECUTIVE COMMITTEE Trustee or director, Officer | 2 | $0 | $0 |
| NICHOLAS HINTZE | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| JEFF JOHNSON | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| JUSTIN BLAIR | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| PAUL THOMSEN | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| CASSIDY ANDERSON | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| DANIEL OLSON | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| DARREN SIEGRIST | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| ERIC SMITH | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| ERIKA WHITMORE | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| FINN ROBBINS | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| JOEL RACKER | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| MATT MCREYNOLDS | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| MICHAEL SAYRE | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| PETER STEVENSON | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| RYAN OLLIVER | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| TONI MARTINEZ | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| ZACH LARKIN | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| CORY NIELSON | VICE PRESIDENT, GOLF COMMITTEE CHAIR Officer | 0.5 | $0 | $0 |
| KATIE BROWN | BUSINESS OPERATIONS SPECIALIST Officer | 2 | $0 | $0 |
990 for the year ended December 31, 2023: 47 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CHERI M WALDRON | EXECUTIVE DIRECTOR & SECRE Trustee or director, Officer | 40 | $113,890 | $3,142 |
| REED CHASE | TREASURER Trustee or director, Officer | 3 | $0 | $0 |
| TODD A REECE | EXECUTIVE COMMITTEE MEMBER, PROGRAMS Trustee or director, Officer | 3 | $0 | $0 |
| DREW YERGENSEN | VICE-CHAIRMAN, EXECUTIVE C Trustee or director, Officer | 3 | $0 | $0 |
| PAUL SKEEN | CHAIRMAN, EXECUTIVE COMMIT Trustee or director, Officer | 2 | $0 | $0 |
| RYAN DENT | PRESIDENT, EXECUTIVE COMMITTEE, GOLF, UTAH 100 CHA Trustee or director, Officer | 2 | $0 | $0 |
| DAVID E ROGNON | TRUSTEE Trustee or director | 2 | $0 | $0 |
| GARIT LAWSON | TRUSTEE Trustee or director | 2 | $0 | $0 |
| TYLER HARVEY | TRUSTEE Trustee or director | 2 | $0 | $0 |
| KEVIN JESSOP | EXECUTIVE COMMITTEE MEMBER, EOY DEAL FLOW, WEBSITE Trustee or director | 2 | $0 | $0 |
| TED MCALEER | TRUSTEE Trustee or director | 2 | $0 | $0 |
| RILEY CUTLER | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JASON ROBERTS | VICE PRESIDENT, UTAH 100 C Trustee or director, Officer | 2 | $0 | $0 |
| FRANCI EISENBERG | EXECUTIVE COMMITTEE MEMBER Trustee or director | 2 | $0 | $0 |
| DAVID ANGERBAUER | TRUSTEE Trustee or director | 2 | $0 | $0 |
| CHRIS BADGER | TRUSTEE, UTAH 100 VICE CHAIR Trustee or director | 2 | $0 | $0 |
| CHAD FRAUGHTON | TRUSTEE Trustee or director | 2 | $0 | $0 |
| DAVID STAHL | TRUSTEE, EOY CHAIR Trustee or director | 2 | $0 | $0 |
| JOHN D SHANE | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JACOB MOON | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JAKE KASTAN | VICE PRESIDENT, EOY COMMITTEE CHIAR Trustee or director, Officer | 2 | $0 | $0 |
| JASON KNIGHT | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JASON READING | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JENNIFER CHRISTOPULOS | TRUSTEE, VICE PRESIDENT, EOY COMMITTEE CHAIR Trustee or director | 2 | $0 | $0 |
| TERRY PRATCHETT | TRUSTEE Trustee or director | 2 | $0 | $0 |
| KADY REECE | VICE PRESIDENT, DEAL FLOW Trustee or director, Officer | 2 | $0 | $0 |
| TODD GORDON | VICE PRESIDENT, GOLF COMMI Trustee or director, Officer | 2 | $0 | $0 |
| MATT CASTLEBERRY | EXECUTIVE COMMITTEE MEMBER, UTAH 100 Trustee or director, Officer | 2 | $0 | $0 |
| ROB ABERCROMBIE | TRUSTEE, UTAH 100 Trustee or director, Officer | 2 | $0 | $0 |
| RAYMOND CHIPMAN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JONATHAN FULTON | TRUSTEE Trustee or director | 2 | $0 | $0 |
| LANCE SOFFE | TRUSTEE Trustee or director | 2 | $0 | $0 |
| STEVE WILSON | TRUSTEE, PROGRAMS CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| STEVE LAKE | TRUSTEE Trustee or director | 2 | $0 | $0 |
| MARC PORTER | TRUSTEE Trustee or director | 2 | $0 | $0 |
| BRYSON LORD | TRUSTEE Trustee or director | 2 | $0 | $0 |
| MATT BARTHOLOMEW | TRUSTEE, DEAL FLOW VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| NICHOLAS HINTZE | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JEFF JOHNSON | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JESSE SILVA | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JUSTIN BLAIR | TRUSTEE Trustee or director | 2 | $0 | $0 |
| PAUL THOMSEN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| PETER STEVENSON | REPRESENATAIVE, MARKETING CHAIR Trustee or director | 2 | $0 | $0 |
| TRAVIS YATES | TRUSTEE Trustee or director | 2 | $0 | $0 |
| TYLER GATHERUM | TRUSTEE Trustee or director | 2 | $0 | $0 |
| DIANE GEORGE | REPRESENATAIVE, EOY VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| RUSS PAGE | REPRESENATAIVE, WEB MASTER Trustee or director, Officer | 0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 15 W SOUTH TEMPLE STE 1500, SALT LAKE CTY, UT 84101-1517
- In care of
- % KEVIN J ONTIVEROS
- Principal officer (990 for 2025)
- PAUL SKEEN, 5 TRIAD CENTER STE 750, SALT LAKE CITY, UT 84180
- Signed the 990
- PAUL SKEEN, TREASURER
- Phone
- (801) 966-1430
- Website
- HTTPS://WWW.MWCN.ORG
- Return prepared by
- CBIZ ADVISORS LLC
Mission
AS THE ORIGINAL INDEPENDENT BUSINESS NETWORKING GROUP IN UTAH, WE AIM TO CELEBRATE AND RECOGNIZE ACHIEVEMENTS IN THE BUSINESS COMMUNITY TO FOSTER ONGOING SUCCESS; EDUCATE, ENLIGHTEN AND PROVIDE EXPERTISE TO BUSINESS OWNERS, INVESTORS AND SERVICE PROVIDERS; AND FACILITATE STRONG BUSINESS RELATIONSHIPS FOR OUR MEMBERS.
Program accomplishments
- THE UTAH 100 AWARD EVENT IS THE FIRST AND BEST OF ITS KIND. WE RECOGNIZE UTAH'S 15 LARGEST REVENUE COMPANIES, 100 FASTEST GROWING, AND A SELECT LIST OF NEWER, EMERGING ELITE COMPANIES. THIS IS MOUNTAINWEST CAPITAL NETWORK'S FLAGSHIP EVENT, WITH OVER 1,000 BUSINESS LEADERS IN ATTENDANCE.THE TOP 15 ANNUAL REVENUE COMPANIES ARE RANKED ACCORDING TO THE HIGHEST TOTAL DOLLAR GROWTH FROM LAST YEAR. THE UTAH 100 COMPANIES ARE RANKED ACCORDING TO A WEIGHTED AVERAGE CALCULATION OF PERCENTAGE AND DOLLAR GROWTH. COMPANIES ARE ONLY ELIGIBLE TO BE INCLUDED IN 1 AWARD CATEGORY. FIRST CONSIDERATION WILL BE GIVEN TO THE TOP 15 ANNUAL REVENUE CATEGORY.Expenses $197,343 · revenue $326,950
- AS UTAH'S FIRST AND LARGEST BUSINESS NETWORKING ORGANIZATION MWCN FULFILLS ITS EXEMPT PURPOSE BY FOSTERING THE DYNAMIC FLOW OF INFORMATION ABOUT CAPITAL FORMATION AND DISTRIBUTION, EDUCATING AND MENTORING EXCELLENCE, AND RECOGNIZING AND REWARDING PERFORMANCE. THESE ACTIVITIES WE ACCOMPLISHED THROUGH EVENTS SUCH AS THE GOLF TOURNAMENT.Expenses $37,504 · revenue $163,975
- THE MWCN ENTREPRENEUR OF THE YEAR IS AN ANNUAL AWARD LUNCHEON THAT RECOGNIZES A UTAH ENTREPRENEUR WHO HAS BUILT A THRIVING UTAH-BASED COMPANY. THE ANNUAL EVENT IS DESIGNED TO INSPIRE OTHERS TO PARTICIPATE IN THE RISKS AND REWARDS OF ENTREPRENEURSHIP AND PROVIDES THE ENTREPRENEUR HONORED AN OPPORTUNITY TO GIVE BACK TO THE COMMUNITY BY SHARING THEIR KNOWLEDGE.Expenses $82,999 · revenue $104,025
- Expenses $393,759 · revenue $97,278
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 87-0541417
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1998
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,315,278
- Income (IRS master file)
- $723,512
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $723,512 | $711,606 | $1,315,278 | XML |
| 990 | December 2024 | $586,253 | $501,925 | $1,234,553 | XML |
| 990 | December 2023 | $577,223 | $483,367 | $1,103,248 | XML |
| 990 | December 2022 | $479,955 | $432,798 | $1,006,161 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 87-0541417).
Questions about MOUNTAIN WEST CAPITAL NETWORK
- What is the EIN of MOUNTAIN WEST CAPITAL NETWORK?
- The employer identification number (EIN) of MOUNTAIN WEST CAPITAL NETWORK is 87-0541417.
- Is MOUNTAIN WEST CAPITAL NETWORK tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1998.
- Are donations to MOUNTAIN WEST CAPITAL NETWORK tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does MOUNTAIN WEST CAPITAL NETWORK 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 MOUNTAIN WEST CAPITAL NETWORK due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MOUNTAIN WEST CAPITAL NETWORK last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of MOUNTAIN WEST CAPITAL NETWORK?
- The 990 for the year ended December 31, 2025 names PAUL SKEEN.
- Who are the officers and directors of MOUNTAIN WEST CAPITAL NETWORK?
- The 990 for the year ended December 31, 2025 lists 45 people; 2 received compensation from the organization, the highest $161,402 (CHERI M WALDRON, EXECUTIVE DIRECTOR).
- How much revenue does MOUNTAIN WEST CAPITAL NETWORK have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $723,512, expenses of $711,606 and total assets of $1,315,278 at year end.
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