Form 990 for tax year 2024
Filed by MONTANA COOPERATIVE DEVELOPMENT CENTER INC.
Totals
- Total revenue
- $601,915
- Total expenses
- $580,285
- Contributions and grants received
- $535,440
- Grants paid
- $0
- Program service revenue
- $52,166
- Investment income
- $9,925
- Other revenue
- $4,384
- Total assets, end of year
- $255,088
- Total liabilities, end of year
- $73,030
- Net assets or fund balances, end of year
- $182,058
- Program services expenses (Part IX)
- $488,401
- Management and general expenses
- $47,055
- Fundraising expenses
- $44,829
- Program service expenses (Part III)
- $488,401
Program services were 84.2% 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.
-
1e · Government grants (contributions)
$441,544
-
1f · All other contributions, gifts and grants
$93,896
-
2a · Program service revenue: MANAGEMENT FEES
total $36,230 · related or exempt $36,230
-
2b · Program service revenue: REIMBURSEMENTS
total $11,436 · related or exempt $11,436
-
2c · Program service revenue: FEES FOR SERVICE
total $4,500 · related or exempt $4,500
-
3 · Investment income
total $9,925 · excluded $9,925
-
11a · Other revenue: MISCELLANEOUS INCOME
total $4,384 · related or exempt $4,384
-
11e · Other revenue, total
$4,384
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $97,941 · program services $77,781 · management and general $9,794 · fundraising $10,366
-
7 · Other salaries and wages
total $221,144 · program services $172,492 · management and general $26,537 · fundraising $22,115
-
8 · Pension plan contributions
total $11,395 · program services $8,888 · management and general $1,367 · fundraising $1,140
-
9 · Other employee benefits
total $35,842 · program services $32,258 · fundraising $3,584
-
10 · Payroll taxes
total $27,968 · program services $23,213 · management and general $1,958 · fundraising $2,797
-
11b · Fees: legal
total $1,243 · program services $1,243
-
11c · Fees: accounting
total $28,534 · program services $28,534
-
11g · Fees: other
total $37,397 · program services $37,397
-
12 · Advertising and promotion
total $5,669 · program services $5,669
-
16 · Occupancy
total $14,319 · program services $11,169 · management and general $1,718 · fundraising $1,432
-
17 · Travel
total $56,545 · program services $55,413 · management and general $1,132
-
20 · Interest
total $9 · program services $7 · management and general $1 · fundraising $1
-
23 · Insurance
total $3,273 · program services $2,662 · management and general $283 · fundraising $328
-
24a · Other expenses: MEMBERSHIP/LICENSING FE
total $14,879 · program services $9,820 · management and general $3,571 · fundraising $1,488
-
24b · Other expenses: COMMUNICATION
total $9,317 · program services $8,385 · fundraising $932
-
24c · Other expenses: PROJECT DIRECT COSTS
total $8,339 · program services $8,339
-
24d · Other expenses: SUPPLIES
total $3,367 · program services $2,626 · management and general $404 · fundraising $337
-
24e · All other expenses
total $3,104 · program services $2,505 · management and general $290 · fundraising $309
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $31,139 · end of year $10,915
-
2 · Savings and temporary cash investments
beginning of year $47,352 · end of year $52,411
-
3 · Pledges and grants receivable
beginning of year $36,868 · end of year $68,642
-
9 · Prepaid expenses and deferred charges
beginning of year $2,028 · end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$0
-
10b · Land, buildings and equipment: accumulated depreciation
$0
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $0
-
12 · Investments: other securities
beginning of year $124,368 · end of year $123,120
-
14 · Intangible assets
beginning of year $8,083 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $24,793 · end of year $18,498
-
19 · Deferred revenue
beginning of year $34,745 · end of year $43,383
-
23 · Secured mortgages and notes payable
beginning of year $0 · end of year $840
-
25 · Other liabilities
beginning of year $28,624 · end of year $10,309
-
27 · Net assets without donor restrictions
beginning of year $160,591 · end of year $180,000
-
28 · Net assets with donor restrictions
beginning of year $1,085 · end of year $2,058
Mission and programs · 2024
Mission
TO PROMOTE AND DEVELOP COOPERATIVES TO MEET THE ECONOMIC NEEDS AND COMMUNITY NEEDS OF RURAL MONTANA.
-
THESE ARE MCDC'S TOP THREE PROGRAM SERVICE ACCOMPLISHMENTS AS MEASURED BY THEIR SHARE OF OVERALL EXPENDITURES: 1) TECHNICAL ASSISTANCE PROVIDED TO LEADERS OF PROSPECTIVE COOPERATIVE ENTERPRISES AND TRAINING OF THOSE GOVERNING AND MANAGING START-UP COOPERATIVES.2) DEVELOPMENT OF OUTREACH MATERIALS TO EDUCATE THE PUBLIC ABOUT THE COOPERATIVE BUSINESS MODEL'S VALUE AND IMPACT ON THE STATE OF MONTANA.3) ENGAGE IN ECONOMIC DEVELOPMENT ACTIVITIES ACROSS THE STATE OF MONTANA, WORKING WITH COMMUNITIES TO BUILD LOCAL CAPACITY TO ADDRESS ECONOMIC AND COMMUNITY NEEDS.
Expenses $488,401 · Revenue $56,550
As filed on the 2024 return.
Listed in Part VII
-
Kris DescheemaekerKRIS DESCHEEMAEKER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jamie SeifertJAMIE SEIFERT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Tyrel HamiltonTYREL HAMILTON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Brian ObertBRIAN OBERT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Bridger MahlumBRIDGER MAHLUM
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Heidi HeiligHEIDI HEILIG
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Rhonda SchwenkeRHONDA SCHWENKE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
James JirakJAMES JIRAK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Leanne HallLEANNE HALL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Adam PoeschlADAM POESCHL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Laura MarshallLAURA MARSHALL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Erik SomerfeldERIK SOMERFELD
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Julie JakshaJULIE JAKSHA
SECRETARY/TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Donya ParrishDONYA PARRISH
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Tracy McIntyreTRACY MCINTYRE
EXECUTIVE DIRECTOR
- Total calculated
- $83,618
- From this org
- $83,618
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
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.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
MONTANA COUNCIL OF COOPERATIVES
501(C)(6) · SERVES COOPERATIVES ACROSS MONTANA · MT
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 28 May 2026
- IRS schema version
- 2024v5.5
- Source object
- 202641739349301189
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