Civic Intelligence

Missoula Economic Partnership

EIN 27-3994460 • 501(c)6 • Missoula, MT

View Organization Page

Profile

The missoula economic partnership works collaboratively and strategically to facilitate increased prosperity through business development while enhancing the business environment and quality of life in our community.

PO Box 7457Missoula, MT 59807

www.missoulapartnership.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

70th percentile

0.19x

Higher debt load relative to assets than 70% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

67th percentile

0.15x

Higher debt load relative to revenue than 67% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Net Margin

19th percentile

-8.6%

Higher net margin than 19% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

92nd percentile

$180,257

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 20.9% of source-year revenue.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Asset Growth

15th percentile

-15%

Faster asset growth than 15% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

11th percentile

-18%

Faster revenue growth than 11% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets70th percentile

Assets

Down

$704,708

Down $121,300 (-15%) from 2023

Liabilities

Down

$132,815

Down $46,861 (-26%) from 2023

Net Assets

Down

$571,893

Down $74,439 (-12%) from 2023

Operations
Liabilities / Revenue67th percentileNet Margin19th percentile

Revenue

Down

$860,829

Down $187,524 (-18%) from 2023

Expenses

Up

$935,268

Up $76,399 (+8.9%) from 2023

Net Income

Down

-$74,439

Down $263,923 (-139%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth15th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0Assets 2012: $1,579,070Liabilities 2012: $42,182Net Assets 2012: $1,536,8882012Assets 2013: $1,208,133Liabilities 2013: $79,748Net Assets 2013: $1,128,3852013Assets 2014: $795,524Liabilities 2014: $123,745Net Assets 2014: $671,7792014Assets 2015: $355,937Liabilities 2015: $111,990Net Assets 2015: $243,9472015Assets 2016: $1,502,253Liabilities 2016: $143,477Net Assets 2016: $1,358,7762016Assets 2017: $1,604,724Liabilities 2017: $263,074Net Assets 2017: $1,341,6502017Assets 2018: $1,334,892Liabilities 2018: $122,157Net Assets 2018: $1,212,7352018Assets 2019: $792,053Liabilities 2019: $35,251Net Assets 2019: $756,8022019Assets 2020: $634,348Liabilities 2020: $48,391Net Assets 2020: $585,9572020Assets 2021: $1,026,718Liabilities 2021: $145,094Net Assets 2021: $881,6242021Assets 2022: $522,776Liabilities 2022: $65,928Net Assets 2022: $456,8482022Assets 2023: $826,008Liabilities 2023: $179,676Net Assets 2023: $646,3322023Assets 2024: $704,708Liabilities 2024: $132,815Net Assets 2024: $571,8932024

Highlighted filing

2024

Assets$704,708
Liabilities$132,815
Net Assets$571,893
Open 2024 Filing

Operations Trend

Revenue Growth11th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.0M$0-$1.0MExpenses 2012: $737,2682012Expenses 2013: $723,1692013Revenue 2014: $206,090Expenses 2014: $662,696Net Income 2014: -$456,6062014Revenue 2015: $164,203Expenses 2015: $592,035Net Income 2015: -$427,8322015Revenue 2016: $1,950,727Expenses 2016: $835,898Net Income 2016: $1,114,8292016Revenue 2017: $685,547Expenses 2017: $702,673Net Income 2017: -$17,1262017Revenue 2018: $699,829Expenses 2018: $828,744Net Income 2018: -$128,9152018Revenue 2019: $528,124Expenses 2019: $984,057Net Income 2019: -$455,9332019Revenue 2020: $571,695Expenses 2020: $742,540Net Income 2020: -$170,8452020Revenue 2021: $1,114,091Expenses 2021: $818,424Net Income 2021: $295,6672021Revenue 2022: $654,163Expenses 2022: $1,078,939Net Income 2022: -$424,7762022Revenue 2023: $1,048,353Expenses 2023: $858,869Net Income 2023: $189,4842023Revenue 2024: $860,829Expenses 2024: $935,268Net Income 2024: -$74,4392024

Highlighted filing

2024

Revenue$860,829
Expenses$935,268
Net Income-$74,439
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$704,708
Liabilities
$132,815
Net assets
$571,893
Revenue
$860,829
Expenses
$935,268
Net income
-$74,439
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.70$0.13$0.57$0.86$0.94$0.07
2023Detailed filing. Detailed filing data is available for this year.$0.83$0.18$0.65$1.05$0.86$0.19
2022Detailed filing. Detailed filing data is available for this year.$0.52$0.07$0.46$0.65$1.08$0.42
2021Detailed filing. Detailed filing data is available for this year.$1.03$0.15$0.88$1.11$0.82$0.30
2020Detailed filing. Detailed filing data is available for this year.$0.63$0.05$0.59$0.57$0.74$0.17
2019Detailed filing. Detailed filing data is available for this year.$0.79$0.04$0.76$0.53$0.98$0.46
2018Detailed filing. Detailed filing data is available for this year.$1.33$0.12$1.21$0.70$0.83$0.13
2017Detailed filing. Detailed filing data is available for this year.$1.60$0.26$1.34$0.69$0.70$0.02
2016Detailed filing. Detailed filing data is available for this year.$1.50$0.14$1.36$1.95$0.84$1.11
2015Detailed filing. Detailed filing data is available for this year.$0.36$0.11$0.24$0.16$0.59$0.43
2014Detailed filing. Detailed filing data is available for this year.$0.80$0.12$0.67$0.21$0.66$0.46
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.21$0.08$1.13$0.72
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.58$0.04$1.54$0.74
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 14, 2025
Return Version
2023v6.0
Gross Receipts
$860,829
Mission and Program Overview

Mission

The missoula economic partnership works collaboratively and strategically to facilitate increased prosperity through business development while enhancing the business environment and quality of life in our community.

Supporting sustainable business growth and quality job creation throughout missoula county.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$564,948$562,153▼ $2,795
Accounts Receivable$92,919$46,332▼ $46,587
Land, Buildings, and Equipment, Net$9,014$12,973▲ $3,959
Cash and Non-Interest-Bearing Accounts$34,751$11,740▼ $23,011
Savings and Temporary Cash Investments$10,007$10,007→ $0
Prepaid Expenses and Deferred Charges$385$1,664▲ $1,279
Total Assets$826,008$704,708▼ $121,300
Other Assets Total$113,984$59,839▼ $54,145
Liabilities
Other Liabilities$111,494$57,366▼ $54,128
Unsecured Notes Loans Payable$49,960$40,068▼ $9,892
Accounts Payable and Accrued Expenses$18,222$35,381▲ $17,159
Total Liabilities$179,676$132,815▼ $46,861
Net Assets / Fund Balance
Net Assets With Donor Restrictions$564,948$557,551▼ $7,397
Net Assets Without Donor Restrictions$81,384$14,342▼ $67,042
Total Net Assets Fund Balance$646,332$571,893▼ $74,439
Total Liabilities and Net Assets / Fund Balance$826,008$704,708▼ $121,300

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$8,419$88,588$97,007
Leasehold Improvements$4,554$1,275$5,829
Other Assets Org$55,739--
Compensation and Service Providers
Top Officer Pay92nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Grant KierPresident & CEOFT$172,996$7,261$180,257

Board Members and Trustees

NameTitle
Tom SeversonChair
Jason WilliamsPast Chair
Jack LawsonVice Chair
Alan MccormickDirector
Andrea DavisDirector
Bill CalhounDirector
Charlie BeatonDirector
Christina HendersonDirector
Debbie JohnstonDirector
Doug JacksonDirector
Jaymie BowditchDirector
Micah HillDirector
Ryan HansenDirector
Scott BurkeDirector
Seth BodnarDirector
Sue WilliamsDirector
Jason RiceDirector (former)
Jordan HessDirector (former)
Josh SlotnickDirector (former)
Kirk BodlovicDirector (former)
George LambrosDirector Emeritus
Amber SherrillEx-officio Director
Paul GladenEx-officio Director
Liz MellemSecretary
Mark HaydenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$390,789
Program Service Revenue
$468,307
Investment Income
$2
Other Revenue
$1,731
All Other Contributions
$353,372
Change in Net Assets
$-74,439
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$712,266
Other Expenses$223,002
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$426,880
Current Officers, Directors, Trustees, and Key Employees---$178,506
Fees for Services Other---$71,093
Occupancy---$68,828
Payroll Taxes---$47,609
Other Employee Benefits---$35,248
Pension Plan Contributions---$24,023
Information Technology---$9,929
Insurance---$6,901
Travel---$5,262
Depreciation Depletion---$5,045
Other Expenses---$4,312
Office Expenses---$3,803
Conferences and Meetings---$3,011
All Other Expenses---$2,050
Interest---$1,109
Total Functional Expenses$0$0$0$935,268
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability$57,366
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The treasurer and ceo review the form 990 and a copy is made available to the board prior to filing.”

Form 990, Part VI, Section B, Line 12C

“The organization discloses and enforces compliance with the conflict of interest policy.”

Form 990, Part VI, Section B, Line 15A

“An independent consulting firm conducted a prior compensation survey and helped determine the ceo's compensation package and range. The compensation package is reviewed and approved by the board of directors annually.”

Form 990, Part VI, Section C, Line 19

“Mep's bylaws are available on the organization's website and its governing documents, policies, and financial statements are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Missoula Economic Partnership
EIN
27-3994460
Phone
4065416461
Address
PO BOX 7457, MISSOULA, MT 59807

Signing Officer

Name
Grant Kier
Title
President & CEO
Phone
4065416461
Signed
2025-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Grant Kier
Formed
2010
Legal Domicile
Mt
Voting Board Members
21
Independent Board Members
21
Employees
7
Volunteers
25

Preparer

Firm
Junkermierclarkcampanellastevens Pc
Address
321 W BROADWAY 4TH FLOOR, MISSOULA, MT 59802
Preparer
Drew Rieker CPA
Phone
4065494148
Raw XML AppendixShowing 400 of 510 raw XML fields

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IRS990/Desc0BUSINESS DEVELOPMENT PROGRAM:MISSOULA ECONOMIC PARTNERSHIP'S BUSINESS DEVELOPMENT PROGRAM SUPPORTS BUSINESSES AT EVERY STAGE OF GROWTH BY PROVIDING DIRECT SERVICES AND COLLABORATING WITH COMMUNITY PARTNERS. IN 2024, MEP WORKED CLOSELY WITH THE DOWNTOWN MISSOULA BUSINESS IMPROVEMENT DISTRICT TO DELIVER ONE-ON-ONE SUPPORT, MENTORSHIP, AND RESOURCES TO MORE THAN 40 DOWNTOWN BUSINESSES. KEY AREAS OF FOCUS INCLUDED COMMERCIAL RENT INCREASES, THE DOWNTOWN SAFETY AND MOBILITY PROJECT, THE NEW FY2025 PARKING PLAN, AND THE BROOKS STREET CORRIDOR INITIATIVE. MEP ALSO PARTNERED WITH THE CITY'S PARKING DIRECTOR TO INFORM AND PREPARE BUSINESSES FOR UPCOMING CHANGES, CULMINATING IN A ROUNDTABLE DISCUSSION WITH 15 BUSINESS OWNERS. BEYOND DOWNTOWN, MEP CONNECTED WITH OVER 70 BUSINESSES COUNTYWIDE, OFFERING TAILORED ASSISTANCE IN AREAS SUCH AS ACCESSING CAPITAL, EXPLORING MARKET EXPANSION, AND WORKFORCE DEVELOPMENT. ADDITIONALLY, MEP SUPPORTED 20 POTENTIAL STARTUPS, PROVIDING GUIDANCE ON BUSINESS PLANNING, FUNDING STRATEGIES, AND MENTORSHIP TO HELP LAUNCH AND GROW NEW VENTURES.
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IRS990/Form990PartVIISectionAGrp/TitleTxt7EX-OFFICIO DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR EMERITUS
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR (FORMER)
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR (FORMER)
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR (FORMER)
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IRS990/MissionDesc0THE MISSOULA ECONOMIC PARTNERSHIP WORKS COLLABORATIVELY AND STRATEGICALLY TO FACILITATE INCREASED PROSPERITY THROUGH BUSINESS DEVELOPMENT WHILE ENHANCING THE BUSINESS ENVIRONMENT AND QUALITY OF LIFE IN OUR COMMUNITY.
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IRS990/ProgSrvcAccomActy2Grp/Desc0WORKFORCE DEVELOPMENT PROGRAM: MISSOULA ECONOMIC PARTNERSHIP'S WORKFORCE DEVELOPMENT PROGRAM AIMS TO FOSTER INCLUSIVE ECONOMIC GROWTH BY IMPROVING ACCESS TO QUALITY JOBS AND SUPPORTING WORKFORCE RESILIENCE. IN 2024, MEP LED MISSOULA'S PARTICIPATION IN THE NATIONAL LEAGUE OF CITIES' GOOD JOBS, GREAT CITIES ACADEMY, A YEARLONG INITIATIVE FOCUSED ON ADVANCING EQUITABLE EMPLOYMENT OPPORTUNITIES. FOLLOWING THE CLOSURES OF ROSEBURG FOREST PRODUCTS AND PYRAMID MOUNTAIN LUMBER, MEP CONVENED MORE THAN 30 PUBLIC, PRIVATE, AND NONPROFIT STAKEHOLDERS TO ASSESS THE ECONOMIC IMPACT AND EXPLORE REDEVELOPMENT STRATEGIES, WORKER SUPPORT, AND LONG-TERM SUSTAINABILITY FOR THE WOOD PRODUCTS INDUSTRY. MEP ALSO CONTINUES TO WORK CLOSELY WITH INVESTORS TO IDENTIFY NEW OPPORTUNITIES IN THIS SECTOR. IN ADDITION, MEP PLAYED A KEY ROLE IN THE CLEAN ENERGY WORKFORCE COALITION, WHICH EARNED NATIONAL RECOGNITION AND FUNDING TO LAUNCH A CLEAN ENERGY TRAINING PROGRAM AT MISSOULA COLLEGE. THIS INITIATIVE, FOCUSED ON CREATING PATHWAYS FOR LOW-INCOME WOMEN, REFLECTS MEP'S COMMITMENT TO INCLUSIVE WORKFORCE DEVELOPMENT AND INDUSTRY DIVERSIFICATION. MEP'S WORKFORCE DEVELOPMENT PROGRAM COLLABORATES WITH PRIVATE SECTOR STAKEHOLDERS, EDUCATIONAL INSTITUTIONS, AND PEER ORGANIZATIONS. THE PROGRAM FOCUSES ON EXPANDING CAREER PATHWAYS, INCUMBENT WORKER TRAINING, TALENT RETENTION, AND ATTRACTION.
IRS990/ProgSrvcAccomActy3Grp/Desc0LAND DEVELOPMENT PROGRAM:THE MISSOULA ECONOMIC PARTNERSHIP'S LAND DEVELOPMENT PROGRAM SUPPORTS STRATEGIC REDEVELOPMENT AND INFRASTRUCTURE COORDINATION TO ADVANCE HOUSING, COMMERCIAL SPACE, AND PUBLIC AMENITIES. IN 2024, MEP PLAYED A KEY ROLE IN ADVANCING THE MIDTOWN MASTER PLAN BY WORKING WITH PRIVATE LANDOWNERS AND DEVELOPMENT PARTNERS TO UNLOCK BROWNFIELD SITES. THIS EFFORT CONTRIBUTED TO THE CITY OF MISSOULA ENTERING INTO A PURCHASE AND SALE AGREEMENT FOR 10 ACRES SOUTH OF SOUTHGATE MALL-OPENING THE DOOR FOR POTENTIAL HOUSING, PARK SPACE, AND TRANSPORTATION CONNECTIVITY. MEP ALSO CONTINUED ITS SUPPORT OF THE OLD LIBRARY BLOCK REDEVELOPMENT BY COLLABORATING WITH THE CITY'S SELECTED DEVELOPERS, DECHASE MIKSIS AND EDLEN & CO., TO ATTRACT CAPITAL AND BUSINESS PARTNERS. THIS INCLUDED FACILITATING INTRODUCTIONS TO GROCERS, CHILDCARE PROVIDERS, AND RETAILERS TO HELP SHAPE A PROJECT ALIGNED WITH COMMUNITY NEEDS. ADDITIONALLY, MEP FOUNDED THE MISSOULA INFRASTRUCTURE COALITION, A QUARTERLY CONVENING OF INDUSTRY LEADERS AND PUBLIC AGENCIES FOCUSED ON ADDRESSING LONG-TERM INFRASTRUCTURE CHALLENGES AND IMPROVING COORDINATION ACROSS SECTORS TO SUPPORT SUSTAINABLE GROWTH THROUGHOUT MISSOULA COUNTY.
IRS990/ProgSrvcAccomActyOtherGrp/Desc0COMMUNICATIONS AND ENGAGEMENT PROGRAM:MEP'S COMMUNICATIONS AND ENGAGEMENT PROGRAM STRENGTHENS COMMUNITY AWARENESS AND INVOLVEMENT AROUND ECONOMIC ISSUES AND OPPORTUNITIES. IN 2024, MEP'S BI-MONTHLY NEWSLETTER, THE INDICATOR, REACHED 800+ SUBSCRIBERS AND MAINTAINED A 60% ENGAGEMENT RATE-WELL ABOVE INDUSTRY STANDARDS. MEP ALSO CONTINUED ITS MONTHLY ECON 101 RADIO SEGMENT ON KGVO NEWSTALK, REACHING OVER 20,000 LISTENERS ACROSS MISSOULA AND RAVALLI COUNTIES WITH TIMELY DISCUSSIONS ON TOPICS SUCH AS HOUSING, INFRASTRUCTURE, AND WORKFORCE NEEDS. MEP FACILITATED TWO HIGH-LEVEL LISTENING SESSIONS AT THE REQUEST OF SENATOR JON TESTER AND THE FEDERAL RESERVE BANK OF MINNEAPOLIS, ALLOWING LOCAL BUSINESS LEADERS TO DIRECTLY SHARE THEIR ECONOMIC CONCERNS WITH FEDERAL POLICYMAKERS. IN ADDITION, MEP LAUNCHED A NEW EVENT SERIES-FAST ACTION CONVERSATIONS-WITH AN INAUGURAL SESSION ON THE ECONOMIC IMPACT OF HOMELESSNESS, FEATURING EXPERT PANELISTS AND FINDINGS FROM A COMMISSIONED STUDY BY DR. BRYCE WARD. THESE INITIATIVES REFLECT MEP'S COMMITMENT TO FOSTERING OPEN DIALOGUE, INFORMED DECISION-MAKING, AND INCLUSIVE ECONOMIC DEVELOPMENT.
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