Nonprofit · EIN 94-2741608
MOUNTAIN WEST SMALL BUSINESS FINANCE
Also known as DESERET CERTIFIED DEVELOPMENT CO
Tax-exempt · SALT LAKE CTY, UT 84109
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $11,752,912 | $9,121,697 | $2,631,215 | $16,568,590 | $3,302,289 | $13,266,301 |
| September 30, 2024 | 990 | $10,948,817 | $8,339,332 | $2,609,485 | $14,174,209 | $3,539,123 | $10,635,086 |
| September 30, 2023 | 990 | $8,931,780 | $7,196,179 | $1,735,601 | $11,905,717 | $3,880,116 | $8,025,601 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $11,612,906
- Investment income
- $140,006
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $2,892,703
- Other salaries and wages
- $2,420,983
- Salaries, compensation and benefits (total)
- $6,820,676
- Professional fundraising fees
- $0
- Legal fees
- $100,428
- Accounting fees
- $55,392
- Occupancy
- $242,954
- Travel
- $229,089
- Depreciation
- $33,997
- Program services (functional)
- $7,768,148
- Management and general (functional)
- $1,353,549
Balance sheet and other
- Total assets, start of year
- $14,174,209
- Total assets, end of year
- $16,568,590
- Total liabilities, end of year
- $3,302,289
- Net assets, end of year
- $13,266,301
- Land, buildings and equipment
- $1,458,037
- Net assets without donor restrictions
- $13,045,932
- Net assets with donor restrictions
- $220,369
- Gross receipts
- $11,752,912
- Employees
- 51
- Year formed
- 1980
- 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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN D EVANS | FORMER PRESI Officer | 40 | $357,814 |
| DANIEL MANGUM | PRESIDENT AN Officer | 40 | $311,492 |
| SPENCER DAVIS | CEO Trustee or director, Officer | 40 | $264,901 |
| JUDSON BLAKESLEY | VP LOAN OFFI Officer | 40 | $251,812 |
| ROBERT EDMINISTER | SR. VICE PRE Officer | 40 | $186,605 |
| CURTIS SINGLETON | VP LOAN OFFI Officer | 40 | $180,009 |
| JEFFREY VANCHIERE | VP LOAN OFFI Officer | 40 | $179,428 |
| TYLER HEALEY | VP LOAN OFFI Officer | 40 | $176,605 |
| BLAKE BECK | VP LOAN OFFI Officer | 40 | $160,702 |
| KIMBERLY HOLLEY | VP LOAN OFFI Officer | 40 | $154,863 |
| ZIANIBETH SHATTUCK-OWEN | VP HUMAN RES Officer | 40 | $119,150 |
| MARYANN GERBER | VP BUDGET/FI Officer | 40 | $109,870 |
| KAY WARD | VP CLOSING M Officer | 40 | $92,330 |
| HOLLIE OSWALD-BOSS | VP SERVICING Officer | 40 | $89,130 |
| TREVOR ANDERSEN | DIRECTOR Trustee or director | 2 | $0 |
8 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CLINT BUYS | DIRECTOR Trustee or director | 2 | $0 |
| RUSS COWLEY | DIRECTOR Trustee or director | 2 | $0 |
| LAUREN FARNSWORTH | DIRECTOR Trustee or director | 2 | $0 |
| HOLLY GALBRAITH | DIRECTOR Trustee or director | 2 | $0 |
| SHELLY JOHNSON | DIRECTOR Trustee or director | 2 | $0 |
| CLARE LEISHMAN | DIRECTOR Trustee or director | 2 | $0 |
| KEN POULSEN | DIRECTOR Trustee or director | 2 | $0 |
| KELER SOFFE | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended September 30, 2024: 23 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JOHN D EVANS | PRESIDENT Trustee or director, Officer | 40 | $352,069 | $1,572 |
| SPENCER DAVIS | SR. VP LOAN Officer | 40 | $312,405 | $124 |
| JUDSON BLAKESLEY | VP LOAN OFFI Officer | 40 | $311,105 | $124 |
| DANIEL MANGUM | EXECUTIVE VP Officer | 40 | $303,757 | $124 |
| TYLER HEALEY | VP LOAN OFFI Officer | 40 | $214,844 | $111 |
| CURTIS SINGLETON | VP LOAN OFFI Officer | 40 | $207,419 | $111 |
| ROBERT EDMINISTER | SR. VICE PRE Officer | 40 | $198,297 | $1,571 |
| BLAKE BECK | VP LOAN OFFI Officer | 40 | $192,224 | $111 |
| JEFFREY VANCHIERE | VP LOAN OFFI Officer | 40 | $190,980 | $111 |
| KIMBERLY HOLLEY | VP LOAN OFFI Officer | 40 | $181,067 | $124 |
| ZIANIBETH SHATTUCK-OWEN | VP HUMAN RES Officer | 40 | $120,514 | $532 |
| MARYANN GERBER | VP BUDGET/FI Officer | 40 | $110,296 | $124 |
| KAY WARD | VP CLOSING M Officer | 40 | $91,450 | $285 |
| HOLLIE OSWALD-BOSS | VP SERVICING Officer | 40 | $89,060 | $532 |
| TREVOR ANDERSEN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| CLINT BUYS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| DAVE CHRISTIANSEN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| RUSS COWLEY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| HOLLY GALBRAITH | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SHELLY JOHNSON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| CLARE LEISHMAN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| LES PRALL | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ANN MARIE WALLACE | DIRECTOR Trustee or director | 2 | $0 | $0 |
990 for the year ended September 30, 2023: 24 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JOHN D EVANS | PRESIDENT Trustee or director, Officer | 40 | $341,202 | $4,191 |
| DANIEL MANGUM | EXECUTIVE VP Officer | 40 | $278,918 | $297 |
| ROBERT EDMINSTER | SR. VICE PRE Officer | 40 | $274,171 | $4,191 |
| SPENCER DAVIS | SR. VP LOAN Officer | 40 | $270,042 | $330 |
| JUDSON BLAKESLEY | VP LOAN OFFI Officer | 40 | $269,542 | $330 |
| TYLER HEALEY | VP LOAN OFFI Officer | 40 | $195,289 | $297 |
| JEFFREY VANCHIERE | VP LOAN OFFI Officer | 40 | $169,947 | $297 |
| KIMBERLY HOLLEY | VP LOAN OFFI Officer | 40 | $159,734 | $314 |
| BLAKE BECK | VP LOAN OFFI Officer | 40 | $154,842 | $297 |
| ZIANIBETH SHATTUCK-OWEN | VP HUMAN RES Officer | 40 | $113,917 | $1,419 |
| CURTIS SINGLETON | VP LOAN OFFI Officer | 40 | $112,516 | $0 |
| MARYANN GERBER | VP BUDGET/FI Officer | 40 | $101,674 | $1,123 |
| KAY WARD | VP CLOSING M Officer | 40 | $88,509 | $646 |
| HOLLIE OSWALD-BOSS | VP SERVICING Officer | 40 | $86,133 | $1,120 |
| TREVOR ANDERSEN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| CLINT BUYS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| DAVE CHRISTIANSEN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| RUSS COWLEY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| HOLLY GALBRAITH | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SHELLY JOHNSON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| CLARE LEISHMAN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| LES PRALL | DIRECTOR Trustee or director | 2 | $0 | $0 |
| BECKI SCHREYER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ANN MARIE WALLACE | DIRECTOR Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 2595 E 3300 S, SALT LAKE CTY, UT 84109-2727
- Principal officer (990 for 2024)
- SPENCER DAVIS, 2595 E 3300 S, SALT LAKE CITY, UT 841092727
- Signed the 990
- SPENCER DAVIS, CEO
- Phone
- (801) 412-3775
- Return prepared by
- WSRP ADVISORY LLC
Mission
TO FURTHER THE ECONOMIC DEVELOPMENT BY PROMOTING AND ASSISTING THE GROWTH AND DEVELOPMENT OF SMALL BUSINESS.
Program accomplishments
- FINANCIALLY ASSIST SMALL BUSINESS DEVELOPMENT BY ADMINISTERING SMALL BUSINESS ADMINISTRATION (SBA) 504 LOANS.Expenses $7,768,148 · revenue $11,752,912
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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 94-2741608
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 1981
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $16,568,590
- Income (IRS master file)
- $11,752,912
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $11,752,912 | $9,121,697 | $16,568,590 | XML |
| 990 | September 2024 | $10,948,817 | $8,339,332 | $14,174,209 | XML |
| 990 | September 2023 | $8,931,780 | $7,196,179 | $11,905,717 | XML |
| 990 | September 2022 | $7,876,705 | $7,013,577 | $11,137,576 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 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 94-2741608).
Questions about MOUNTAIN WEST SMALL BUSINESS FINANCE
- What is the EIN of MOUNTAIN WEST SMALL BUSINESS FINANCE?
- The employer identification number (EIN) of MOUNTAIN WEST SMALL BUSINESS FINANCE is 94-2741608.
- Is MOUNTAIN WEST SMALL BUSINESS FINANCE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1981.
- Are donations to MOUNTAIN WEST SMALL BUSINESS FINANCE tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does MOUNTAIN WEST SMALL BUSINESS FINANCE 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 SMALL BUSINESS FINANCE due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MOUNTAIN WEST SMALL BUSINESS FINANCE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of MOUNTAIN WEST SMALL BUSINESS FINANCE?
- The 990 for the year ended September 30, 2025 names SPENCER DAVIS.
- Who are the officers and directors of MOUNTAIN WEST SMALL BUSINESS FINANCE?
- The 990 for the year ended September 30, 2025 lists 23 people; 14 received compensation from the organization, the highest $357,814 (JOHN D EVANS, FORMER PRESI).
- How much revenue does MOUNTAIN WEST SMALL BUSINESS FINANCE have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $11,752,912, expenses of $9,121,697 and total assets of $16,568,590 at year end.
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