MISSOURI-MADISON RIVER FUND

EIN: 946722256 501(c)(3) Human Services

MILWAUKEE, WI

Total Revenue
$1,093,834
Total Expenses
$1,219,220
Total Assets
$6,757,633
Net Assets
$6,757,633
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
MT
Principal Officer
JIM HART
Phone
5034643580
Tax Period
2024-01-01 to 2024-12-31

MISSOURI-MADISON RIVER FUND, founded in 1998, is a community nonprofit in the Human Services sector that reported $1.1M in total revenue in fiscal year 2024. Revenue decreased 16% compared to the prior year. Expenses of $1.2M exceeded revenue, resulting in a 11% operating deficit.

Mission

PAYS ON BEHALF OF GOVERNMENTAL AND NONPROFIT ORGANIZATIONS TO HELP DEVELOP PUBLIC RECREATION RESOURCES IN THE AREA THAT INCLUDES THE NINE MISSOURI-MADISON RIVERS DAMS, RESERVOIRS AND 350 MILES OF RIVER LOCATED WITHIN THE STATE OF MONTANA. THIS BENEFITS ALL OF THE CITIZENS OF THE STATE OF MONTANA TOGETHER WITH A LARGE NUMBER OF OUT OF STATE TOURISTS AND RECREATIONALISTS EACH YEAR.

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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 $712,557
Program Service Revenue $0
Investment Income $351,567
Other Revenue $29,710
TOTAL REVENUE $1,093,834

Expense Breakdown

Grants Paid $1,178,663
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,178,663
Other Expenses $40,557
TOTAL EXPENSES $1,219,220

Year-over-Year Comparison

2024 2023 Change
Revenue $1,093,834 $1,307,435 -0.2%
Expenses $1,219,220 $1,135,615 +0.1%
Net Income $-125,386 $171,820 -1.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
12
Independent Members
12
Employees
N/A
Volunteers
12

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
3
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANDY HUNTHAUSEN CHAIRMAN 5.0
Officer Director
$0 $0 $0
MARY GAIL SULLIVAN SECRETARY 5.0
Officer Director
$0 $0 $0
JOE SKINNER VICE-CHAIRMAN 5.0
Officer Director
$0 $0 $0
RON NYE COMMISSIONER 5.0
Director
$0 $0 $0
DON RYAN COMMISSIONER 5.0
Director
$0 $0 $0
BRUCE POLLINGTON COMMISSIONER 5.0
Director
$0 $0 $0
CHARLES HUETH CANYON FERRY FACILITY OPS SPECIALIST 5.0
Director
$0 $0 $0
DAN STREMCHA FACILITY MANAGER 5.0
Director
$0 $0 $0
BOB PASHA COMMISSIONER 5.0
Director
$0 $0 $0
BETH SHUMATE ADMINISTRATOR 5.0
Director
$0 $0 $0
LINDSEY BABCOCK FIELD MANAGER 5.0
Director
$0 $0 $0
BILL AVEY FOREST SUPERVISOR 5.0
Director
$0 $0 $0
DEBI RANDOLPH COMMISSIONER 5.0
Director
$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
2024 $1,093,834 $1,219,220 $6,757,633 $-125,386
2023 $1,307,435 $1,135,615 $6,882,666 $171,820
2022 $992,463 $615,271 $6,710,877 $377,192
2021 $799,510 $965,807 $6,336,282 $-166,297
2020 $888,828 $905,360 $6,502,808 $-16,532
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