Skip to content
Nonprofiteer
← MONTANA CHAMBER FOUNDATION

Form 990 for tax year 2023

Filed by MONTANA CHAMBER FOUNDATION.

Totals

Total revenue
$584,233
Total expenses
$515,940
Contributions and grants received
$508,587
Grants paid
$12,325
Program service revenue
$0
Investment income
$19,545
Other revenue
$56,101
Total assets, end of year
$968,446
Total liabilities, end of year
$153,842
Net assets or fund balances, end of year
$814,604
Program services expenses (Part IX)
$184,953
Management and general expenses
$260,857
Fundraising expenses
$70,130
Program service expenses (Part III)
$184,953

Program services were 35.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $152,250

  • 1f · All other contributions, gifts and grants

    $356,337

  • 3 · Investment income

    total $19,545 · excluded $19,545

  • 8a · Fundraising events: gross income

    $364,400

  • 8a · Fundraising events: contributions included on line 1c

    $152,250

  • 8b · Fundraising events: direct expenses

    $308,799

  • 8c · Net income from fundraising events

    total $55,601 · excluded $55,601

  • 11a · Other revenue: OTHER INCOME

    total $500 · excluded $500

  • 11e · Other revenue, total

    $500

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $12,325 · program services $12,325

  • 11c · Fees: accounting

    total $38,924 · management and general $38,924

  • 11g · Fees: other

    total $272,141 · program services $14,491 · management and general $205,065 · fundraising $52,585

  • 12 · Advertising and promotion

    total $4,043 · program services $1,353 · management and general $2,500 · fundraising $190

  • 13 · Office expenses

    total $21,085 · program services $10,959 · management and general $9,935 · fundraising $191

  • 17 · Travel

    total $42,586 · program services $26,845 · management and general $579 · fundraising $15,162

  • 19 · Conferences, conventions and meetings

    total $7,170 · program services $6,393 · fundraising $777

  • 20 · Interest

    total $32 · management and general $32

  • 23 · Insurance

    total $2,677 · program services $954 · management and general $498 · fundraising $1,225

  • 24a · Other expenses: PRIZES

    total $73,417 · program services $70,093 · management and general $3,324

  • 24b · Other expenses: EVENT EXPENSES

    total $41,540 · program services $41,540

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $888,587 · end of year $902,831

  • 4 · Accounts receivable

    beginning of year $54,000 · end of year $61,750

  • 9 · Prepaid expenses and deferred charges

    beginning of year $14,586 · end of year $3,865

  • 17 · Accounts payable and accrued expenses

    beginning of year $28,787 · end of year $68,198

  • 19 · Deferred revenue

    beginning of year $9,000 · end of year $3,500

  • 25 · Other liabilities

    beginning of year $93,075 · end of year $82,144

  • 27 · Net assets without donor restrictions

    beginning of year $715,300 · end of year $796,461

  • 28 · Net assets with donor restrictions

    beginning of year $111,011 · end of year $18,143

Mission and programs · 2023

Mission

TO EDUCATE MONTANANS ABOUT THE FUNDAMENTALS OF BUSINESS OPERATIONS, BUSINESS NEEDS, AND RESPONSIBILITIES AND CONTRIBUTIONS OF BUSINESS TO SOCIETY.

Activities or mission (Part I)

THE FOUNDATION PROMOTES AND IMPROVES THE ECONOMIC DEVELOPMENT OPPORTUNITIES OF THE STATE AND ITS COMMUNITIES BY PARTICIPATING IN EDUCATION PROJECTS AND RESEARCH.

  • MT YOUTH ENTREPRENEURS FUELED BY EMPOWERED - IN 2017, THE MONTANA CHAMBER FOUNDATION BROUGHT TO MONTANA "EMPOWERED", A NATIONALLY RECOGNIZED PROGRAM THAT DEVELOPS EMPLOYABILITY TRAITS AND INSTILLS ECONOMIC AND ENTREPRENEURIAL PRINCIPLES IN OUR FUTURE WORKFORCE. DURING THE FISCAL YEAR, THE FOUNDATION ADDED AN ADDITIONAL FULL TIME WORKFORCE STRATEGIST WHO TRAVELS THE STATE EXPANDING AND EXECUTING THE YOUTH ENTREPRENEURS PROGRAM AND EMPOWERED TEACHER NETWORK.

    Expenses $131,886 · Grants $12,325

  • THE PROSPECTS ENCOMPASSES A VIRTUAL STATEWIDE ENTREPRENEURSHIP COMPETITION WITH SCHOLARSHIPS AND CASH PRIZES FOR HIGH SCHOOL AND MIDDLE SCHOOL STUDENTS WITH NEW IDEAS AND EXISTING SMALL BUSINESSES.THIS COMPETITION IS DESIGNED TO FIND, CELEBRATE AND REWARD PROMISING STUDENTS BY PROVIDING THEM WITH OPPORTUNITIES TO SHOW OFF THEIR ENTREPRENEURIAL MINDSET AND ABILITY TO SOLVE PROBLEMS FOR THE REAL WORLD. MONTANA CHAMBER FOUNDATION IS CONNECTING STUDENTS AND BUSINESSES LEADERS FROM AROUND THE STATE.

    Expenses $41,540

  • CULTIVATING CAREERS - THE MONTANA CHAMBER FOUNDATION AND PARK HIGH SCHOOL ARE HOSTING THIS PROVEN COMMUNITY FOCUSED WORKFORCE DEVELOPMENT EVENT THAT ILLUSTRATES HOW INDUSTRY AND EDUCATION PARTNERS CAN SUPPORT CAREER AWARENESS AND WORKFORCE PIPELINE OPPORTUNITIES. THESE HANDS-ON EXPERIENCES DEMONSTRATE THE LATEST CAREERS IN PATHWAYS ACROSS THE SPECTRUM HELPING TO PREPARE STUDENTS FOR THE 21ST CENTURY.

    Expenses $11,241

  • ENVISION 2026 WAS IMPLEMENTED IN 2016 AS A 10-YEAR STRATEGIC PLAN FOCUSED ON THE SUSTAINED ECONOMIC GROWTH FOR MONTANA. TO MEET ITS FOUR GOALS BY 2026, THE MONTANA CHAMBER WILL WORK IN THE FOLLOWING FOUR KEY AREAS TO DRIVE PER CAPITA PERSONAL INCOME LEVELS AND GROWTH, GROSS STATE PRODUCT GROWTH, AND JOB GROWTH: WORKFORCE; ENTREPRENEURSHIP; BUSINESS CLIMATE; AND INFRASTRUCTURE.

    Expenses $286

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • TODD O'HAIR

    EXECUTIVE DIRECTOR

    Total calculated
    $0
    Hours/week
    26

  • PAUL HOPFAUF

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • ANGELA MURDO

    IMMEDIATE PAST CHAIR

    Total calculated
    $0
    Hours/week
    1

  • ED BARTLETT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • CHAD BAUER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • RICK EDWARDS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • COURTNEY KIBBLEWHITE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • KYLE LINGSCHEIT

    DIRECTOR (THRU 6/2024)

    Total calculated
    $0
    Hours/week
    1

  • BILL MCGLADDERY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • STEPHANIE GRAY

    DIRECTOR (THRU 6/2024)

    Total calculated
    $0
    Hours/week
    1

  • RYAN CONNOR

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MATT JONES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ANNA KAZMIEROWSKI

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ALI MANDELL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • NANCY SCHLEPP

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JASON YAGER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
21 July 2025
IRS schema version
2023v6.0
Source object
202512099349301011

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.