GREAT FALLS DEVELOPMENT AUTHORITY
PO BOX 949, GREAT FALLS, MT 59403 www.growgreatfallsmontana.org

Total Revenue
$3,071,297
Total Expenses
$2,829,221
Net Assets
$9,682,329

Organizations Filed Purposes: THE MISSION OF THE GREAT FALLS DEVELOPMENT AUTHORITY IS TO GROW AND DIVERSIFY THE GREAT FALLS MONTANA REGIONAL ECONOMY, CREATE HIGHER WAGE CAREER OPPORTUNITIES, AND IMPROVE MARKET COMPETITIVENESS OF THE REGION.

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 INCLUDE SEVEN STRATEGIC DIRECTIONS: BUSINESS STARTUP, RETENTION AND EXPANSION; DOWNTOWN AND RIVERFRONT REDEVELOPMENT; BUSINESS ATTRACTION; MANUFACTURING PARTNERSHIP; WORKFORCE; INDUSTRIAL SITES; AND, COMMERCIAL AND HOUSING DEVELOPMENT. AS PART OF THESE EFFORTS, THE ORGANIZATION OPERATES A SMALL BUSINESS DEVELOPMENT CENTER, A PROCUREMENT TECHNICAL ASSISTANCE CENTER, A FOOD, AG AND RENEWABLE ENERGY DEVELOPMENT CENTER, AND A BROWNFIELD REDEVELOPMENT PROGRAM. IN THE LAST 6 YEARS, THE ORGANIZATION HAS COACHED OVER 500 ENTREPRENEURS AND BUSINESSES, LEADING TO NUMEROUS EXPANSIONS AND OVER 50 BUSINESS STARTS, AND HELPED OVER 400 BUSINESSES WITH GOVERNMENT CONTRACTING.

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 SEVEN REVOLVING LOAN FUNDS CAPITALIZED FROM A VARIETY OF PUBLIC AND PRIVATE SOURCES. TO DATE, THE ORGANIZATION HAS MADE 142 LOANS TOTALING $39,047,004 THAT HAVE MADE POSSIBLE TOTAL INVESTMENT OF $201,349,520, 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.

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. THE ORGANIZATION HAS SOLD LOTS IN THE PARK TO FOUR COMPANIES. TO DATE, TWO COMPANIES HAVE COMPLETED NEW FACILITIES AND A THIRD IS NEARING COMPLETION.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Brett DoneyPRESIDENT40$166,770
Susan WolffDIRECTOR1.5$0
Randy WilliamsDIRECTOR1.5$0
Nate WeisenburgerDIRECTOR1.5$0
Mike WaldenbergDIRECTOR1.5$0
Casey SchreinerDIRECTOR1.5$0
Earl SalleyDIRECTOR1.5$0
Dan ReardenDIRECTOR1.5$0
Tim PetersonDIRECTOR1.5$0
Corey PalmerDIRECTOR1.5$0
Travis NeilDIRECTOR1.5$0
Tom MooreDIRECTOR1.5$0
Ted LewisDIRECTOR1.5$0
Steve KingDIRECTOR1.5$0
Alex HuffieldDIRECTOR1.5$0
Brian HovenDIRECTOR1.5$0
Dwight HolmanDIRECTOR1.5$0
Heidi HockettDIRECTOR1.5$0
Andreas GeraniosDIRECTOR1.5$0
Becky FinkDIRECTOR1.5$0
John FaulknerDIRECTOR1.5$0
Shane EtzwilerDIRECTOR1.5$0
Rebecca EngumDIRECTOR1.5$0
Forrest EhlingerDIRECTOR1.5$0
David CerotzkeDIRECTOR1.5$0
Kylie CarranzaDIRECTOR1.5$0
Lew CardDIRECTOR1.5$0
Mark CappisDIRECTOR1.5$0
Joe BriggsDIRECTOR1.5$0
Glenn BlissDIRECTOR1.5$0
Trista BesichDIRECTOR1.5$0
Sherrie AreyDIRECTOR1.5$0
Dianne MeinhardtSECRETARY1.5$0
Mark MacekTREASURER1.5$0
Errol RiceVICE-CHAIR1.5$0
Len WatkinsCHAIRMAN1.5$0
Ron NelsonPAST CHAIRMAN1.5$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202013169349302681_public.xml