RICHLAND ECONOMIC DEVELOPMENT

EIN: 810452300

SIDNEY, MT

Total Revenue
$265,506
Total Expenses
$234,209
Total Assets
$1,371,135
Net Assets
$1,296,543
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
MT
Principal Officer
TRAVIS GERTEN
Phone
4064824679
Tax Period
2024-10-01 to 2025-09-30

RICHLAND ECONOMIC DEVELOPMENT, founded in 1987, is a small nonprofit that reported $266K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $234K left a modest 12% surplus.

Mission

TO TAKE ACTION OR ENCOURAGE ACTION TO ASSIST POTENTIAL NEW OR EXISTING BUSINESSES TO IMPROVE THEIR CHANCES OF SURVIVAL AND CONTRIBUTION FOR ECONOMIC GROWTH IN RICHLAND COUNTY MONTANA

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $155,426
Program Service Revenue $44,847
Investment Income $65,233
Other Revenue $0
TOTAL REVENUE $265,506

Expense Breakdown

Grants Paid $0
Salaries & Benefits $101,654
Fundraising Expenses $0
Program Expenses $234,209
Other Expenses $132,555
TOTAL EXPENSES $234,209

Year-over-Year Comparison

2024 2023 Change
Revenue $265,506 $242,904 +0.1%
Expenses $234,209 $183,194 +0.3%
Net Income $31,297 $59,710 -0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
20
Independent Members
20
Employees
2
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$0
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KALI GODFREY DIRECTOR 0.00
Director
$0 $0 $0
MORGAN TAYLOR VICE PRESIDENT 1.00
Director
$0 $0 $0
LEIF ANDERSON DIRECTOR 0.00
Director
$0 $0 $0
CRAIG AVERETT DIRECTOR 0.00
Director
$0 $0 $0
SHANE GORDER DIRECTOR 0.00
Director
$0 $0 $0
BILL HENDERSON DIRECTOR 0.00
Director
$0 $0 $0
WALT MCNUTT DIRECTOR 0.00
Director
$0 $0 $0
BLAINE ROGERS DIRECTOR 0.00
Director
$0 $0 $0
RANDY OLSON DIRECTOR 0.00
Director
$0 $0 $0
MARK REHBEIN DIRECTOR 0.00
Director
$0 $0 $0
GARY SCHOEPP DIRECTOR 0.00
Director
$0 $0 $0
ALAN SEIGFREID DIRECTOR 0.00
Director
$0 $0 $0
JASON BROTHEN PRESIDENT 1.00
Director
$0 $0 $0
TRAVIS GERTEN TREASURER 1.00
Director
$0 $0 $0
DAVE GARLAND SECRETARY 1.00
Director
$0 $0 $0
MICHELE HERRES DIRECTOR 0.00
Director
$0 $0 $0
JAMIE MALSAM DIRECTOR 0.00
Director
$0 $0 $0
PAULA EBERLING DIRECTOR 0.00
Director
$0 $0 $0
LESLIE MESSER EXECUTIVE DIRECTOR 40.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $265,506 $234,209 $1,371,135 $31,297
2024 $242,904 $183,194 $1,340,891 $59,710
2023 $179,828 $170,140 $1,281,503 $9,688
2022 $144,701 $170,439 $1,269,860 $-25,738
2021 $242,771 $204,600 $1,301,333 $38,171
2020 $191,039 $174,586 $1,240,702 $16,453
2019 $168,582 $164,576 $1,216,969 $4,006
2018 $141,141 $153,669 $1,223,820 $-12,528
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