GREAT FLS DEVELOPMENT AUTHORITY INC

As filed

Subsection

03

NTEE code

S430

Classification

1000

Street

PO BOX 949

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Other organizations at this address

1 other organization in the IRS Business Master File lists the same street address. matched by us

We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.

• HIGH PLAINS FINANCIAL INC

  EIN 86-1052206

Mission and programs · 2024

• THE ORGANIZATION PROVIDES BUSINESS DEVELOPMENT SERVICES THROUGHOUT A 13-COUNTY, 44,000 SQUARE MILE REGION OF NORTH CENTRAL MONTANA THAT INCLUDES URBAN, RURAL AND TRIBAL AREAS. THESE SERVICES FOCUS ON THE FOUR ASPECTS OF THE ORGANIZATION'S ECONOMIC DEVELOPMENT STRATEGY - PEOPLE, PLACE, OPPORTUNITIES, AND TEAM. THE ORGANIZATION'S STRATEGY DETAILED 19 PRIORITIES AND 60 SPECIFIC ACTIONS TO UNDERTAKE OVER THE NEXT THREE YEARS. AS PART OF THIS WORK, THE ORGANIZATIONS HOSTS A SMALL BUSINESS DEVELOPMENT CENTER, AN APEX ACCELERATOR CENTER, A FOOD & AG DEVELOPMENT CENTER, AND A BROWNFIELDS REDEVELOPMENT PROGRAM. THE ORGANIZATION ASSISTS OVER 700 ENTREPRENEURS, BUSINESSES, AND NON-PROFIT ORGANIZATIONS A YEAR THROUGH ADVISING, TRAINING, AND DEVELOPMENT SERVICES.

  Expenses $1,508,713 · Revenue $4,303,143

• THE ORGANIZATION IS A CERTIFIED COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION THAT PROVIDES GAP AND BRIDGE FINANCING TO ENTREPRENEURS, BUSINESSES, DEVELOPERS AND NON-PROFITS WHO CANNOT SECURE ALL THE FINANCING THEY NEED FROM CONVENTIONAL SOURCES. THE ORGANIZATION HAS THIRTEEN REVOLVING LOAN FUNDS CAPITALIZED FROM A VARIETY OF PUBLIC AND PRIVATE SOURCES. TO DATE, THE ORGANIZATION HAS MADE 209 LOANS TOTALING $72,403,010 THAT HAVE MADE POSSIBLE TOTAL INVESTMENT OF OVER $350,000,000, CREATING THOUSANDS OF JOBS, A NUMBER OF NEW BUSINESSES AND RENOVATED PROPERTIES, AND HUNDREDS OF NEW APARTMENTS. THE ORGANIZATION MANAGES A SEPARATE NON-PROFIT, HIGH PLAINS FINANCIAL, THAT IS A SBA-CERTIFIED COMMUNITY DEVELOPMENT CORPORATION PROVIDING SBA 504 LOANS STATEWIDE ACROSS MONTANA.

  Expenses $1,714,890 · Revenue $617,119

• THE ORGANIZATION IS DEVELOPING A HEAVY INDUSTRIAL RAIL-SERVED INDUSTRIAL PARK, THE GREAT FALLS AGRITECH PARK, TO PROVIDE SITES NOT AVAILABLE FROM THE PRIVATE SECTOR FOR BUSINESS STARTUPS, EXPANSIONS AND ATTRACTION. EIGHT COMPANIES HAVE PURCHASED LOTS IN THE PARK. TO DATE, FOUR COMPANIES HAVE COMPLETED NEW FACILITIES IN THE PARK.

  Expenses $524,945 · Revenue $341,179

• SPECIAL PROJECTS

  Expenses $116,382 · Revenue $2,149,852

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

The first 25 listed. 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. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $9,127,676

  Expenses

  $4,119,294

  Contributions

  $1,716,382

  Grants paid

  $0

• 2023

  Revenue

  $9,946,706

  Expenses

  $4,315,755

  Contributions

  $2,026,003

  Grants paid

  $171,484

• 2022

  Revenue

  $5,654,586

  Expenses

  $3,976,349

  Contributions

  $2,926,642

  Grants paid

  $95,725

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $5,045,202

  Expenses

  $3,464,348

  Assets (EOY)

  $19,433,536

• 2020 · 990

  Revenue

  $6,629,023

  Expenses

  $2,644,612

  Assets (EOY)

  $16,421,780

• 2019 · 990

  Revenue

  $3,071,297

  Expenses

  $2,829,221

  Assets (EOY)

  $11,341,861

• 2018 · 990

  Revenue

  $2,852,637

  Expenses

  $2,637,904

  Assets (EOY)

  $11,102,402

• 2015 · 990

  Revenue

  $4,192,813

  Expenses

  $3,351,041

  Assets (EOY)

  $9,315,596

• 2014 · 990

  Revenue

  $1,320,296

  Expenses

  $1,315,260

  Assets (EOY)

  $8,391,495

• 2013 · 990

  Revenue

  $2,113,545

  Expenses

  $1,412,939

  Assets (EOY)

  $8,275,415

• 2012 · 990

  Revenue

  — not reported

  Expenses

  $2,565,461

  Assets (EOY)

  $7,746,293

• 2011 · 990

  Revenue

  — not reported

  Expenses

  $2,431,969

  Assets (EOY)

  $6,575,658

• 2010 · 990

  Revenue

  — not reported

  Expenses

  $1,258,108

  Assets (EOY)

  $5,193,263

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

• NEIGHBORHOOD HOUSING SERVICES INC OF GREAT FALLS DBA NEIGHBORWORKS GF

  $171,484

  2023 · BAATZ BUILDING RESTORATION

• COMMUNITY HEALTH CARE CENTER DBA ALLUVION HEALTH

  $56,961

  2022 · ASBESTOS ABATEMENT OF THE ROCKY MOUNTAIN BUILDING

• GREAT FALLS PUBLIC SCHOOLS

  $38,764

  2022 · ASBESTOS ABATEMENT AT LINCOLN ELEMENTARY AND EAST MIDDLE SCHOOL

Where these grants went next →

Grants received

• OPPORTUNITY FINANCE NETWORK

  $150,000

  2025 · OPERATING GRANT

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Other IRS files