BUTTE LOCAL DEVELOPMENT CORPORATION

Address
65 E BROADWAY
BUTTE, MT 59701
Contact
Website: http://www.buttemontana.org
Phone: +1 (406) 723-4349
Nonprofit
NTEE: S30 - Economic Development
EIN: 81-0307232

Mission

LOCAL ECONOMIC DEVELOPMENT PROJECTS AND BUSINESS DEVELOPMENT TO PROMOTE BUSINESS RELOCATION AND EXPANSION AS WELL AS START UP IN THE AREA. PROVIDING SMALL BUSINESS WITH LOW INTEREST LOANS.
 20162014201320122011
Basic features of the organization
Year of formation1969
Form of organization
CorporationTrue
Human resources, including compensation
Summary compensation info
Sum of reportable (W2/1099) compensation$0.00$0.00$0.00$0.00$0.00
Number of employees04444
Number of people compensated >$100k00000
Number of volunteers00000
Number of highly compensated contractors00   
Personnel
Abbot, Doug
Title   MEMBER 
Name of key/compensated person   DOUG ABBOT 
Position of compensated person
Current individual trustee or director   True 
Average hours per week working for org   0.00 
Reportable compensation from org   $0.00 
Other comp, non-reportable, from org and related orgs   $0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00 
Abbott, Doug
Title  MEMBER MEMBER
Name of key/compensated person  DOUG ABBOTT DOUG ABBOTT
Position of compensated person
Current individual trustee or director  True True
Average hours per week working for org  0.00  
Reportable compensation from org  $0.00 $0.00
Other comp, non-reportable, from org and related orgs  $0.00 $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00 $0.00
Ackerman, Chris
TitleMEMBERMEMBER   
Name of key/compensated personCHRIS ACKERMANCHRIS ACKERMAN   
Position of compensated person
Current individual trustee or directorTrueTrue   
Average hours per week working for org0.000.00   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Babb, Paul
Title    MEMBER
Name of key/compensated person    PAUL BABB
Position of compensated person
Current individual trustee or director    True
Reportable compensation from org    $0.00
Other comp, non-reportable, from org and related orgs    $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs     $0.00
Bennett, Jim
TitlePRESIDENTPRESIDENTVICE PRESIDENTVICE PRESIDENTMEMBER
Name of key/compensated personJIM BENNETTJIM BENNETTJIM BENNETTJIM BENNETTJIM BENNETT
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Average hours per week working for org0.000.000.000.00 
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Coe, Doug
TitleMEMBERMEMBER   
Name of key/compensated personDOUG COEDOUG COE   
Position of compensated person
Current individual trustee or directorTrueTrue   
Average hours per week working for org0.000.00   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Curran, Chris
Title  SECRETARY/TREASURERSECRETARY/TREASURER 
Name of key/compensated person  CHRIS CURRANCHRIS CURRAN 
Position of compensated person
Current individual trustee or director  TrueTrue 
Average hours per week working for org  0.000.00 
Reportable compensation from org  $0.00$0.00 
Other comp, non-reportable, from org and related orgs  $0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00$0.00 
Curran, Larry
Title    MEMBER
Name of key/compensated person    LARRY CURRAN
Position of compensated person
Current individual trustee or director    True
Reportable compensation from org    $0.00
Other comp, non-reportable, from org and related orgs    $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs     $0.00
Dauenhauer, Susanne
TitleMEMBERMEMBER   
Name of key/compensated personSUSANNE DAUENHAUERSUSANNE DAUENHAUER   
Position of compensated person
Current individual trustee or directorTrueTrue   
Average hours per week working for org0.000.00   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Davis, Shelly
Title    PRESIDENT
Name of key/compensated person    SHELLY DAVIS
Position of compensated person
Reportable compensation from org    $0.00
Other comp, non-reportable, from org and related orgs    $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs     $0.00
Downey, Tom
TitlePAST-PRESIDENTPAST-PRESIDENTPRESIDENTPRESIDENTMEMBER
Name of key/compensated personTOM DOWNEYTOM DOWNEYTOM DOWNEYTOM DOWNEYTOM DOWNEY
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Average hours per week working for org0.000.000.000.00 
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Edwards, Rick
TitleMEMBERMEMBERMEMBERMEMBERPAST-PRESIDENT
Name of key/compensated personRICK EDWARDSRICK EDWARDSRICK EDWARDSRICK EDWARDSRICK EDWARDS
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrue 
Average hours per week working for org0.000.000.000.00 
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Ford, Shane
Title    MEMBER
Name of key/compensated person    SHANE FORD
Position of compensated person
Current individual trustee or director    True
Reportable compensation from org    $0.00
Other comp, non-reportable, from org and related orgs    $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs     $0.00
Haxby-Cote, Pam
TitleMEMBERMEMBER   
Name of key/compensated personPAM HAXBY-COTEPAM HAXBY-COTE   
Position of compensated person
Current individual trustee or directorTrueTrue   
Average hours per week working for org0.000.00   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Huntington, Steve
Title    SECRETARY/TREASURER
Name of key/compensated person    STEVE HUNTINGTON
Position of compensated person
Reportable compensation from org    $0.00
Other comp, non-reportable, from org and related orgs    $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs     $0.00
Kebe, Bill
TitleMEMBERMEMBERMEMBERMEMBERMEMBER
Name of key/compensated personBILL KEBEBILL KEBEBILL KEBEBILL KEBEBILL KEBE
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Average hours per week working for org0.000.000.000.00 
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Leuprecht, Herb
Title    MEMBER
Name of key/compensated person    HERB LEUPRECHT
Position of compensated person
Current individual trustee or director    True
Reportable compensation from org    $0.00
Other comp, non-reportable, from org and related orgs    $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs     $0.00
Lloyd, Lynn
TitleMEMBERMEMBERMEMBERMEMBER 
Name of key/compensated personLYNN LLOYDLYNN LLOYDLYNN LLOYDLYNN LLOYD 
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrue 
Average hours per week working for org0.000.000.000.00 
Reportable compensation from org$0.00$0.00$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00 
Madrazo, Janel
Title    MEMBER
Name of key/compensated person    JANEL MADRAZO
Position of compensated person
Current individual trustee or director    True
Reportable compensation from org    $0.00
Other comp, non-reportable, from org and related orgs    $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs     $0.00
Markovich, Bill
TitleMEMBERMEMBER   
Name of key/compensated personBILL MARKOVICHBILL MARKOVICH   
Position of compensated person
Current individual trustee or directorTrueTrue   
Average hours per week working for org0.000.00   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
McLeod, Mike
Title  MEMBERMEMBERMEMBER
Name of key/compensated person  MIKE MCLEODMIKE MCLEODMIKE MCLEOD
Position of compensated person
Current individual trustee or director  TrueTrueTrue
Average hours per week working for org  0.000.00 
Reportable compensation from org  $0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs  $0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00$0.00$0.00
O'Neill, Mark
TitleSECRETARY/TREASURERSECRETARY/TREASURERMEMBERMEMBER 
Name of key/compensated personMARK O'NEILLMARK O'NEILLMARK O'NEILLMARK O'NEILL 
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrue 
Average hours per week working for org0.000.000.000.00 
Reportable compensation from org$0.00$0.00$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00 
Palmer, Dave
Title    MEMBER
Name of key/compensated person    DAVE PALMER
Position of compensated person
Current individual trustee or director    True
Reportable compensation from org    $0.00
Other comp, non-reportable, from org and related orgs    $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs     $0.00
Pochervina, Maria
TitleMEMBERMEMBERMEMBERMEMBER 
Name of key/compensated personMARIA POCHERVINAMARIA POCHERVINAMARIA POCHERVINAMARIA POCHERVINA 
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrue 
Average hours per week working for org0.000.000.000.00 
Reportable compensation from org$0.00$0.00$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00 
Rogers, Ray
TitleVICE PRESIDENTVICE PRESIDENTMEMBERMEMBER 
Name of key/compensated personRAY ROGERSRAY ROGERSRAY ROGERSRAY ROGERS 
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrue 
Average hours per week working for org0.000.000.000.00 
Reportable compensation from org$0.00$0.00$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00 
Shaw, Cindi
Title  MEMBER  
Name of key/compensated person  CINDI SHAW  
Position of compensated person
Current individual trustee or director  True  
Average hours per week working for org  0.00  
Reportable compensation from org  $0.00  
Other comp, non-reportable, from org and related orgs  $0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00  
Shaw, Cindy
TitleMEMBERMEMBER MEMBER 
Name of key/compensated personCINDY SHAWCINDY SHAW CINDY SHAW 
Position of compensated person
Current individual trustee or directorTrueTrue True 
Average hours per week working for org0.000.00 0.00 
Reportable compensation from org$0.00$0.00 $0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00 $0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00 $0.00 
Steele, Kim
Title  MEMBERMEMBERMEMBER
Name of key/compensated person  KIM STEELEKIM STEELEKIM STEELE
Position of compensated person
Current individual trustee or director  TrueTrueTrue
Average hours per week working for org  0.000.00 
Reportable compensation from org  $0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs  $0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00$0.00$0.00
Sullivan, Brian
Title  PAST-PRESIDENTPAST-PRESIDENTVICE PRESIDENT
Name of key/compensated person  BRIAN SULLIVANBRIAN SULLIVANBRIAN SULLIVAN
Position of compensated person
Current individual trustee or director  TrueTrue 
Average hours per week working for org  0.000.00 
Reportable compensation from org  $0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs  $0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00$0.00$0.00
Tregidga, Todd
TitleMEMBERMEMBERMEMBERMEMBER 
Name of key/compensated personTODD TREGIDGATODD TREGIDGATODD TREGIDGATODD TREGIDGA 
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrue 
Average hours per week working for org0.000.000.000.00 
Reportable compensation from org$0.00$0.00$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00 
Ueland, Ron
Title    MEMBER
Name of key/compensated person    RON UELAND
Position of compensated person
Current individual trustee or director    True
Reportable compensation from org    $0.00
Other comp, non-reportable, from org and related orgs    $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs     $0.00
Vincent, Matt
TitleMEMBERMEMBERMEMBERMEMBER 
Name of key/compensated personMATT VINCENTMATT VINCENTMATT VINCENTMATT VINCENT 
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrue 
Average hours per week working for org0.000.000.000.00 
Reportable compensation from org$0.00$0.00$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00 
Wright, Chuck
TitleMEMBERMEMBERMEMBERMEMBER 
Name of key/compensated personCHUCK WRIGHTCHUCK WRIGHTCHUCK WRIGHTCHUCK WRIGHT 
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrue 
Average hours per week working for org0.000.000.000.00 
Reportable compensation from org$0.00$0.00$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00 
Purpose: mission, activities, & accomplishments
Mission or significant activitiesTO PROMOTE ECONOMIC DEVELOPMENT IN THE AREATO PROMOTE ECONOMIC DEVELOPMENT IN THE AREATO PROMOTE ECONOMIC DEVELOPMENT IN THE AREATO PROMOTE ECONOMIC DEVELOPMENT IN THE AREATO PROMOTE ECONOMIC DEVELOPMENT IN THE AREA
Program service expenses, total$920,242.00$374,340.00$259,853.00$259,487.00$405,441.00
Programs, including revenue & expenses
LOCAL ECONOMIC DEVELOPMENT PROJECTS AND BUSINESS DEVELOPMENT TO PROMOTE BUSINESS RELOCATION AND EXPANSION AS WELL AS START UP IN THE AREA. PROVIDING SMALL BUSINESS WITH LOW INTEREST LOANS.
Program expenses$920,242.00$374,340.00$259,853.00$259,487.00$405,441.00
Program descriptionLOCAL ECONOMIC DEVELOPMENT PROJECTS AND BUSINESS DEVELOPMENT TO PROMOTE BUSINESS RELOCATION AND EXPANSION AS WELL AS START UP IN THE AREA. PROVIDING SMALL BUSINESS WITH LOW INTEREST LOANS.LOCAL ECONOMIC DEVELOPMENT PROJECTS AND BUSINESS DEVELOPMENT TO PROMOTE BUSINESS RELOCATION AND EXPANSION AS WELL AS START UP IN THE AREA. PROVIDING SMALL BUSINESS WITH LOW INTEREST LOANS.LOCAL ECONOMIC DEVELOPMENT PROJECTS AND BUSINESS DEVELOPMENT TO PROMOTE BUSINESS RELOCATION AND EXPANSION AS WELL AS START UP IN THE AREA. PROVIDING SMALL BUSINESS WITH LOW INTEREST LOANS.LOCAL ECONOMIC DEVELOPMENT PROJECTS AND BUSINESS DEVELOPMENT TO PROMOTE BUSINESS RELOCATION AND EXPANSION AS WELL AS START UP IN THE AREA. PROVIDING SMALL BUSINESS WITH LOW INTEREST LOANS.LOCAL ECONOMIC DEVELOPMENT PROJECTS AND BUSINESS DEVELOPMENT TO PROMOTE BUSINESS RELOCATION AND EXPANSION AS WELL AS START UP IN THE AREA. PROVIDING SMALL BUSINESS WITH LOW INTEREST LOANS.
Financial data
Revenue
Total revenue$590,852.00$857,057.00$680,308.00$1,244,267.00$490,186.00
Revenue from contributions (total)$244,896.00$600,467.00$397,825.00$1,091,013.00$150,096.00
Investment income, current yr$4,941.00$12,594.00$12,132.00-$67,946.00$70,787.00
Total revenue from grants, etc., current yr$244,896.00$600,467.00$397,825.00$1,091,013.00$150,096.00
Total unrelated business revenue$0.00$0.00$0.00$0.00$0.00
Other revenue, current yr$0.00$0.00$0.00$0.00$0.00
Net unrelated business taxable revenue$0.00$0.00$0.00$0.00$0.00
Program service revenue (total)$341,015.00$243,996.00$270,351.00$221,200.00$269,303.00
Gross receipts$590,852.00$857,057.00$680,308.00$1,461,045.00$554,965.00
Sources of contributions
Contributions revenue from membership dues$56,920.00$62,195.00$50,915.00$44,210.00$42,610.00
Revenue from gov't grants$160,384.00$532,172.00$343,352.00$1,042,596.00$107,486.00
Revenue from all other contributions$27,592.00$6,100.00$3,558.00$4,207.00 
Other types of revenue
Income from dividends, interest, and similar investments$4,941.00$12,594.00$12,132.00$28,832.00$8,689.00
Net rental income $0.00$0.00$0.00$0.00
Expense categories (totals)
Total functional expenses: sum of all$1,119,000.00$608,280.00$445,724.00$476,040.00$733,234.00
Total functional expenses: program service $920,242.00$374,340.00$259,853.00$259,487.00$405,441.00
Total functional expenses: management and general$171,538.00$185,781.00$173,061.00$189,792.00$321,625.00
Total functional expenses: fundraising$27,220.00$48,159.00$12,810.00$26,761.00$6,168.00
Fees for services
Legal fees (total)$37,653.00$35,080.00$31,345.00$33,899.00$32,141.00
Fundraising service fees (total)$0.00$0.00$0.00$0.00$0.00
Assets and liabilities
Total assets$8,307,995.00$9,323,939.00$9,507,981.00$9,090,704.00$8,277,035.00
Total assets, beginning of year$9,045,917.00$9,507,981.00$9,090,704.00$8,277,035.00$8,502,395.00
Total liabilities$3,378,767.00$3,815,847.00$4,248,666.00$4,065,973.00$4,020,531.00
Total liabilities, beginning of year$3,588,541.00$4,248,666.00$4,065,973.00$4,020,531.00$4,002,843.00
Unrestricted net assets, end of yr$44,677.00$23,596.00-$17,923.00$30,237.00$265,880.00
Temporarily restricted net assets$4,884,551.00$5,484,496.00$5,277,238.00$4,994,494.00$3,990,624.00
Net assets$4,929,228.00$5,508,092.00$5,259,315.00$5,024,731.00$4,256,504.00
Net assets, beginning of year$5,457,376.00$5,259,315.00$5,024,731.00$4,256,504.00$4,499,552.00
Other liabilities$344.00    
Other assets    $0.00
Cash: non-interest bearing$2,087,154.00$2,699,656.00$2,894,567.00$3,206,902.00$3,044,804.00
Cash: non-interest bearing, beginning of year$1,983,144.00$2,894,567.00$3,206,902.00$3,044,804.00$2,549,680.00
Other financial variables
Revenue less expenses-$528,148.00$248,777.00$234,584.00$768,227.00-$243,048.00
Advertising (total)$23,756.00$1,375.00$1,352.00$1,525.00$3,437.00
Savings & temp cash investment$18,771.00$16,265.00$13,611.00$11,378.00$183,717.00
Accounts receivable, net$69,685.00$56,928.00$8,781.00$5,413.00$17,833.00
Prepaid expenses & deferred charges$2,459.00$2,760.00$2,272.00$2,307.00$3,058.00
Accounts payable & accrued expenses$79,722.00$106,660.00$32,467.00$42,609.00$18,197.00
Deferred revenue$2,620.00$12,600.00$321,040.00$5,000.00$10,000.00
Secured mortgages and notes payable$3,296,081.00$3,696,587.00$3,895,159.00$4,018,364.00$3,992,334.00
Total net assets or fund balances$4,929,228.00$5,508,092.00$5,259,315.00$5,024,731.00$4,256,504.00
Depreciation, depletion, amortization$244.00$926.00$766.00$1,728.00$2,605.00
Governance and accountability
Number of voting members1717171717
Number of independent voting members1717171717
Financial sheets auditedTrueTrueTrueTrueTrue
Accrual accountingTrueTrueTrueTrueTrue
Tax year start date2015-11-012013-11-012012-11-012011-11-012010-11-01
Tax year end date2016-10-012014-10-012013-10-012012-10-012011-10-01
Indicators for schedules (selected)
Business transaction with entity ownerTrueTrueTrueTrueTrue
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990990990990990
Date e-filing submitted2017-12-052015-10-012014-07-102013-09-192012-09-12
IRS schema version2015v3.02013v4.02012v2.12011v1.52010v3.4
Filing identifier201742589349300944201512539349300406201441649349300549201322189349300617201202499349300775
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