Northern Rocky Mountain Economic Development District
Public records raise at least one point you should look into before giving.
What it says it does
Economic Development in Gallatin, Park and Madison Counties.
- Income
- $849,148
- Spending
- $321,651
- Employees
- 4
- Volunteers
- 14
- Highest pay
- $81,419, executive dir.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Governance
This return does not answer enough of the governance questions to score.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $244,924 spent. NRMEDD accomplishments for 2024 include:NRMEDD continued supporting initiatives that advance the development of the quantum industry throughout Montana, including supporting MSU in various grant applications to fund this work. Noteworthy efforts include a statewide SWOT analysis that analyzes regions across Montana on their readiness and willingness to participate in the quantum and photonics sector. This report will also be a catalyst for a gaps and recommendations report. This project has begun but will continue into next year.NRMEDD continued to participate with and lead the CHILD Task Force. This group of stakeholders focused on advancing childcare by increasing its availability and affordability throughout the region.Noteworthy efforts include the Gallatin County Childcare Needs ReportNREMDD revamped its Revolving Loan Program (RLF. During this reporting period, we approved multiple loans, including Crucible, an iron manufacturing company, Basecamp, a commercial construction company, Ridge and Blade Barber Shop, The Lab 406 (batting cage and coaching), Firmtech (Medical/Research/Manufacturing), and Pur Cell Bio (Medical/Research/Retail/Manufacturing). Additionally, NRMEDD denied loan applications from over five companies and organizations that did not meet the RLF program criteria.NRMEDD has collaborated with Madison County to create and support a Housing Coordinator position to address community housing needs and create a Housing Action Plan. The need for this position was identified during the 2023 Housing Needs Assessment. This was successful, and the Housing Coordinator should have a final Housing Action Plan published in early 2025. NRMEDD provided technical support in partnership with Gallatin County to conduct a feasibility study for employer-supported housing and childcare. The feasibility study will provide recommendations to the commissioners backed by best practices research and community outreach. The project has begun but will continue into 2025. NRMEDD provided ongoing technical support as needed throughout Madison, Gallatin, and Park Counties.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(6) business league.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Caution.
The IRS master file records contributions to this 501(c)(6) business league as not deductible.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since February 2008.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.