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EIN 81-0515595

Ravalli County Economic Development Authority

IRS 501(c) type
501(c)(3)
Num. employees
5
City
Hamilton
State
Montana
Year formed
1997
Most recent tax filings
2023-06-01
NTEE code, primary
S30: Economic Development
Description
Ravalli County Economic Development Authority provides economic assistance to local businesses and entrepreneurs by assisting in securing financing for infrastructure development, supporting growth of existing companies, nurturing new company formation, and expanding early-stage business capital resources. The authority operates a business incubator, offers entrepreneurial support services, and helps create the infrastructure for a "knowledge-based economy".
Also known as...
Ravalli County EDA
Total revenues
$383,902
2023
Total expenses
$349,359
2023
Total assets
$5,774,759
2023
Num. employees
5
2023

Program areas at Ravalli County Economic Development Authority

Assist businesses in securing financing that can help develop infrastructure, support growth of existing companies, nurture new company formation, and work to expand early-stage business capital resources for young companies.
Operate business incubator and provide entrepreneurial support services and help create the infrastructure for a "knowledge-based economy".

Who funds Ravalli County Economic Development Authority

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Leggott FoundationAlong the Banks Scholarships$10,000
First Interstate BancSystem FoundationGeneral Support$100

Personnel at Ravalli County Economic Development Authority

NameTitleCompensation
Julie FosterExecutive Director$56,112
Doug DavisTreasurer$0
Michael BradtChair$0

Financials for Ravalli County Economic Development Authority

RevenuesFYE 06/2023
Total grants, contributions, etc.$187,341
Program services$185,871
Investment income and dividends$10,132
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$558
Total revenues$383,902

Form 990s for Ravalli County Economic Development Authority

Fiscal year endingDate received by IRSFormPDF link
2023-062024-02-28990View PDF
2022-062023-02-01990View PDF
2021-062021-12-21990View PDF
2020-062021-04-05990View PDF
2019-062020-09-10990View PDF
...and 10 more Form 990s
Data update history
July 16, 2024
Received grants
Identified 1 new grant, including a grant for $10,000 from Leggott Foundation
May 27, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 21, 2024
Updated personnel
Identified 2 new personnel
July 22, 2023
Received grants
Identified 1 new grant, including a grant for $5,000 from Jane S Heman Foundation
June 27, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
Community improvementEconomic development
Characteristics
State / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
Address
274 Old Corvallis Rd Ste A
Hamilton, MT 59840
County
Ravalli County, MT
Website URL
rceda.org/ 
Phone
(406) 375-9416
IRS details
EIN
81-0515595
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1997
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S30: Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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