Rocky Mountain Development Council INC

Tax-deductible

Helena, MT501(c)(3)Since 1966Community DevelopmentEIN 81-0296458Revenue $10.8M in FY2025

On file with the IRSrmdc.netPo Box 1717, 59624-1717 · Helena, MTTax-exempt since Apr 1966Publicly supported charity — 170(b)(1)(A)(vi)

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Community action agency provides services to low-income in tri-county area

501(c)(3) charity; gifts are tax-deductible.
99¢ of each $1 spent went to programs.
Run by 926 volunteers and 160 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $1.3M a year · 12% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
99%
of spending
Looks good: 99% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$110K
to officers and key staff · 1% of spending
Top officer’s pay lower than 94% of similar orgs
Looks good: pay to officers and key staff is 1% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Looks good: 3.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $55K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$1.5M
7% of total assets
Looks good: liabilities are 7% of assets; 50% or less.
Pt X · Ln 26
Independent board members
14
of 14 voting members
Looks good: 14 of 14 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$10.8M
-0.4% vs prior year
Spent
$10.6M
To programs
99%
Net assets
$19.8M
By yearFY2020–FY2025
Revenue
$10.8M
FY2025-0.4%
Tap a bar for its year
Revenue by fiscal year
FY2020$11.2M
FY2021$13.0M
FY2022$11.9M
FY2023$10.8M
FY2024$10.9M
FY2025$10.8M
Expenses
$10.6M
FY2025▲ +0.6%
Tap a bar for its year
Expenses by fiscal year
FY2020$9.0M
FY2021$9.6M
FY2022$10.4M
FY2023$10.4M
FY2024$10.6M
FY2025$10.6M
Net assets
$19.8M
FY2025▲ +1%
Tap a bar for its year
Net assets by fiscal year
FY2020$13.9M
FY2021$17.4M
FY2022$18.9M
FY2023$19.3M
FY2024$19.6M
FY2025$19.8M

From the FY2025 Form 990 (year ending June 2025) · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 1966.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

99 cents of each dollar spent went to programs.

Program services 99% · $10.5M Management & general 1% · $98K Fundraising 0% · $18K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

16 people listed on the 990; $110K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Executive Director, Rmdc
$110,141Pt VII · Sec A
Vice-President
$0Pt VII · Sec A
Secretary/Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Lori Ladas’s $110K as Executive Director, Rmdc is at the 6th percentile of top reported officer pay among 572 $10–100M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Lori Ladas$110,141$111,142$102,796$88,732$87,422$81,472

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Rocky Mountain Development Council INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Helps low-income individuals and families in the tri-county area with essential services.

Provided by the organization

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3 programs · $8.4M · in their own filed words · FY2024
01

The head start and rocky mountain preschool programs provide pre-school and daycare services to area residents. The head start program serves approximately 120 low-income children and their families in lewis & clark, broadwater, and jefferson counties.

$4.2Mprogram expense
02

Aging services builds choice, dignity, and engagement of older adults and people with disabilities in partnership with the communities of our six-county area of service. Services include funding senior nutrition programs, counseling beneficiaries on medicare choices, supporting caregivers, teaching evidence-based classes, advocating for…

$3.0Mprogram expense
03

The weatherization program helps conserve energy and reduce the impact of rising energy costs for low-income individuals through the installation of energy conserving measures in their homes.

$1.1Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$55K
Grants paid · 72 grants · $9.3M · 2019–2024
Unitemized GrantFY2024$483,644
Livingston Meals on WheelsMT · FY2024$137,037
City of BelgradeFY2024$108,934
A Plus Healthcare SystemsFY2024$35,583
Meagher County Health DepartmentFY2024$19,750
Broadwater County Health DeptFY2024$18,713
BefriendersMT · FY2024$10,000
Unitemized GrantFY2023$575,486
Livingston Meals on WheelsMT · FY2023$158,001
City of BelgradeFY2023$145,627
See all 72 grants →

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$10.8M
Ln 12
Gifts and grantsLn 1h$8.9M
Fees for servicesLn 2g$1.7M
Investment incomeLn 3$295K
Money outPt IX
$10.6M
Ln 25
Programscol B$10.5M
Managementcol C$98K
Fundraisingcol D$18K
Owns and owesPt X
$19.8M
net assets · Ln 32
Cash and savingsLn 1–2$2.6M
Total assetsLn 16$21.3M
LiabilitiesLn 26$1.5M
PeoplePt VI, VII
16
listed · VII A
PaidVII A1
Voting boardVI 1a14
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$8.9M
Government grantsLn 1e$7.3M
Noncash giftsLn 1g$51K
Fundraising eventsLn 1c$52K
Fees for servicesLn 2g$1.7M
Investment incomeLn 3$295K
Total revenueLn 12$10.8M
Assets in detailPt X, end of year
CashLn 1$2.6M
Cash and savings togetherLn 1–2$2.6M
Land, buildings, equipmentLn 10c$1.9M
Other assetsLn 15$350K
Total assetsLn 16$21.3M
LiabilitiesLn 26$1.5M
Net assetsLn 32$19.8M
OperationsPt I, VI
EmployeesI 5160
VolunteersI 6926
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$2.4M$2.6M
Land, buildings, equipmentLn 10c$1.8M$1.9M
Total assetsLn 16$21.1M$21.3M
LiabilitiesLn 26$1.5M$1.5M
Net assetsLn 32$19.6M$19.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$1.1M$1.1M
Grants to domestic individualsLn 2$484K$484K
Pay of current officers, directors and key staffLn 5$147K$147K
Other salaries and wagesLn 7$4.7M$3.9M$809K$2K
Pension plan contributionsLn 8$128K$106K$22K$50
Other employee benefitsLn 9$907K$751K$155K$514
Payroll taxesLn 10$487K$403K$83K$251
Legal feesLn 11b$5K$5K
Other fees for servicesLn 11g$633K$362K$271K$123
Advertising and promotionLn 12$49K$49K$25
Office expensesLn 13$440K$383K$54K$3K
OccupancyLn 16$859K$599K$259K$281
TravelLn 17$31K$30K$1K
Conferences, conventions and meetingsLn 19$169K$124K$45K$862
InterestLn 20$12K$10K$1K
Depreciation, depletion and amortizationLn 22$213K$179K$34K
InsuranceLn 23$130K$99K$31K$393
Other expenses (24a–d)Ln 24$2.2M$1.9M$344K$344
All other expensesLn 24e−$2.1M$58K−$2.2M$10K
Total functional expensesLn 25$10.6M$10.5M$98K$18K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $10.8M$10.6M$218K$19.8M 990 PDF
FY2024 $10.9M$10.6M$320K$19.6M 990 PDF
FY2023 $10.8M$10.4M$435K$19.3M 990 PDF
FY2022 $11.9M$10.4M$1.5M$18.9M 990 PDF
FY2021 $13.0M$9.6M$3.4M$17.4M 990 PDF
FY2020 $11.2M$9.0M$2.2M$13.9M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary $10,832,113 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $9,143,141$8,877,440
I-9 Program service revenuePrior year $1,473,474$1,694,204
I-10 Investment incomePrior year $239,472$294,732
I-11 Other revenuePrior year $15,739−$34,263
I-12 Total revenuePrior year $10,871,826$10,832,113
I-13 Grants and similar amounts paidPrior year $1,901,217$1,544,981
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $6,098,609$6,391,450
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $2,551,571$2,677,330
I-18 Total expensesPrior year $10,551,397$10,613,761
I-19 Revenue less expensesPrior year $320,429$218,352
Part VI · Governance 14 of 14 board members independent, no flags
VI-1a Voting members of the governing body14
VI-1b Independent voting members14
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $10,832,113 across 11 lines filed
VIII-1a Federated campaigns$6,190
VIII-1c Fundraising events$52,450
VIII-1e Government grants$7,324,619
VIII-1f All other contributions, gifts and grants$1,494,181
VIII-1g Noncash contributions (included above)$51,094
VIII-1h Total contributions, gifts and grants$8,877,440
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,694,204$1,694,204
VIII-3 Investment incomeExcluded from tax $294,732$294,732
VIII-8 Net income from fundraising eventsExcluded from tax −$34,309−$34,309
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $46$46
VIII-12 Total revenueRelated to mission $1,694,250 · Unrelated business $0 · Excluded from tax $260,423$10,832,113
Part IX · Statement of functional expenses $10,613,761 across 19 lines filed
IX-1 Grants to domestic organizationsPrograms $1,061,337$1,061,337
IX-2 Grants to domestic individualsPrograms $483,644$483,644
IX-5 Pay of current officers, directors and key staffManagement $147,026$147,026
IX-7 Other salaries and wagesPrograms $3,911,184 · Management $809,249 · Fundraising $2,262$4,722,695
IX-8 Pension plan contributionsPrograms $106,042 · Management $21,941 · Fundraising $50$128,033
IX-9 Other employee benefitsPrograms $751,175 · Management $155,423 · Fundraising $514$907,112
IX-10 Payroll taxesPrograms $402,958 · Management $83,375 · Fundraising $251$486,584
IX-11b Legal feesPrograms $5,134$5,134
IX-11g Other fees for servicesPrograms $362,187 · Management $270,603 · Fundraising $123$632,913
IX-12 Advertising and promotionPrograms $49,393 · Management $25$49,418
IX-13 Office expensesPrograms $382,858 · Management $54,476 · Fundraising $2,943$440,277
IX-16 OccupancyPrograms $598,728 · Management $259,492 · Fundraising $281$858,501
IX-17 TravelPrograms $29,652 · Management $1,122$30,774
IX-19 Conferences, conventions and meetingsPrograms $123,717 · Management $44,610 · Fundraising $862$169,189
IX-20 InterestPrograms $10,213 · Management $1,331$11,544
IX-22 Depreciation, depletion and amortizationPrograms $179,005 · Management $33,732$212,737
IX-23 InsurancePrograms $98,528 · Management $31,322 · Fundraising $393$130,243
IX-24 Other expenses (24a–d)Programs $1,884,519 · Management $343,629 · Fundraising $344$2,228,492
IX-24e All other expensesPrograms $57,790 · Management −$2,159,329 · Fundraising $9,647−$2,091,892
IX-25 Total functional expensesPrograms $10,498,064 · Management $98,027 · Fundraising $17,670$10,613,761
Part X · Balance sheet $21,311,666 assets, 15 lines filed
Asset lines not itemized here account for $15,897,411; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $2,387,910$2,619,121
X-3 Pledges and grants receivableStart of year $744,946$405,820
X-4 Accounts receivableStart of year $104,086$92,641
X-8 Inventories for sale or useStart of year $33,348$43,695
X-9 Prepaid expenses and deferred chargesStart of year $61,663$34,472
X-10c Land, buildings and equipment, netStart of year $1,808,281$1,868,536
X-15 Other assetsStart of year $280,400$349,970
X-16 Total assetsStart of year $21,137,354$21,311,666
X-17 Accounts payable and accrued expensesStart of year $1,149,591$1,103,987
X-25 Other liabilitiesStart of year $30,698$20,570
X-26 Total liabilitiesStart of year $1,515,984$1,471,944
X-27 Net assets without donor restrictionsStart of year $19,177,294$19,626,628
X-28 Net assets with donor restrictionsStart of year $444,076$213,094
X-32 Total net assets or fund balancesStart of year $19,621,370$19,839,722
X-33 Total liabilities and net assetsStart of year $21,137,354$21,311,666
Part XI · Reconciliation of net assets $19,839,722 net assets at year end
XI-1 Total revenue$10,832,113
XI-2 Total expenses$10,613,761
XI-3 Revenue less expenses$218,352
XI-4 Net assets at start of year$19,621,370
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$19,839,722

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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