philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Jefferson Local Development Corporation

Not tax-deductible

Whitehall, MT501(c)(6)EIN 81-0519998

This page gets seen. Tell your story. Claim this org.

To provide goods and services to the general public on a continuing basis to be financed and recovered through renters.

87¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
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
No
Donations are not tax-deductible
Worth a look: the IRS does not list 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
3 of 6
filings with a surplus
Average deficit $71K a year · 16% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
87%
of spending
Looks good: 87% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
24 mo
of spending, in cash
Looks good: 23.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $100K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$435K
14% of total assets
Looks good: liabilities are 14% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$583K
-22% vs prior year
Spent
$536K
To programs
87%
Net assets
$2.7M
By yearFY2020–FY2025
Revenue
$583K
FY2025▼ -22%
Revenue by fiscal year
FY2020$408K
FY2021$353K
FY2022$247K
FY2023$265K
FY2024$744K
FY2025$583K
Expenses
$536K
FY2025▼ -38%
Expenses by fiscal year
FY2020$312K
FY2021$309K
FY2022$473K
FY2023$538K
FY2024$858K
FY2025$536K
Net assets
$2.7M
FY2025▲ +2%
Net assets by fiscal year
FY2020$3.2M
FY2021$3.2M
FY2022$3.0M
FY2023$2.7M
FY2024$2.6M
FY2025$2.7M

From the FY2025 Form 990 (year ending June 2025) · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 1998.

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

Where the money goes

87 cents of each dollar spent went to programs.

Program services 87% · $465K Management & general 13% · $72K

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

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

9 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Keith Foley
President
$0Pt VII · Sec A
Amanda Haller
Vice President
$0Pt VII · Sec A
Nick Hensleigh
Secretary/Treasurer
$0Pt VII · Sec A
Cory Kirsh
Commission Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Cameron Hahn
Director
$0Pt VII · Sec A
Clint Smith
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
See Jefferson Local Development Corporation executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

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 15aNo

Programs and updates

Offers goods and services to the public, funded by renters.

Provided by the organization

This section is blank until Jefferson Local Development Corporation claims this page.

Know this organization? Claim it to add your story

1 program service account for $465K of program spending, described in the organization's own filed words · FY2024.
01

To provide goods and services to the general public on a continuing basis and assist with countywide economic development.

$465Kprogram expense

Run this program? Claim this org to tell your story

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2022
Headwaters Health Foundation of Western MontanaFY2022$100K
Total grants receivedfrom 1 funder$100K

By the numbers

The FY2025 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$583K
Ln 12
Gifts and grantsLn 1h$404K
Other incomeLn 4–11$133K
Investment incomeLn 3$28K
Money outPt IX
$536K
Ln 25
Programscol B$465K
Managementcol C$72K
Owns and owesPt X
$2.7M
net assets · Ln 32
Cash and savingsLn 1–2$1.1M
Total assetsLn 16$3.1M
LiabilitiesLn 26$435K
PeoplePt VI, VII
9
listed · VII A
PaidVII A0
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$404K
Government grantsLn 1e$404K
Fees for servicesLn 2g$18K
Investment incomeLn 3$28K
Other incomeLn 4–11$133K
Total revenueLn 12$583K
Assets in detailPt X, end of year
CashLn 1$1.1M
Cash and savings togetherLn 1–2$1.1M
Land, buildings, equipmentLn 10c$2.0M
Total assetsLn 16$3.1M
LiabilitiesLn 26$435K
Net assetsLn 32$2.7M
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$902K$1.1M
Land, buildings, equipmentLn 10c$2.1M$2.0M
Total assetsLn 16$3.1M$3.1M
LiabilitiesLn 26$493K$435K
Net assetsLn 32$2.6M$2.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$183K$139K$44K
Advertising and promotionLn 12$26K$26K
Office expensesLn 13$3K$3K
Conferences, conventions and meetingsLn 19$12K$12K
InterestLn 20$22K$22K
Depreciation, depletion and amortizationLn 22$85K$85K
Other expenses (24a–d)Ln 24$201K$185K$15K
All other expensesLn 24e$3K$3K
Total functional expensesLn 25$536K$465K$72K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $583K$536K$47K$2.7M 990 PDF
FY2024 $744K$858K−$114K$2.6M 990 PDF
FY2023 $265K$538K−$273K$2.7M 990 PDF
FY2022 $247K$473K−$226K$3.0M 990 PDF
FY2021 $353K$309K$44K$3.2M 990 PDF
FY2020 $408K$312K$96K$3.2M 990 PDF

Want to add your own materials alongside these filings? Claim this org

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 (4 parts)
Part VIII · Statement of revenue $583,176 across 7 lines filed
VIII-1e Government grants$403,608
VIII-1f All other contributions, gifts and grants$676
VIII-1h Total contributions, gifts and grants$404,284
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $17,500$17,500
VIII-3 Investment incomeExcluded from tax $28,366$28,366
VIII-6 Net rental income or lossRelated to mission $133,026$133,026
VIII-12 Total revenueRelated to mission $133,026 · Unrelated business $17,500 · Excluded from tax $28,366$583,176
Part IX · Statement of functional expenses $536,272 across 8 lines filed
IX-7 Other salaries and wagesPrograms $139,235 · Management $43,969$183,204
IX-12 Advertising and promotionPrograms $25,796$25,796
IX-13 Office expensesPrograms $3,482$3,482
IX-19 Conferences, conventions and meetingsManagement $12,107$12,107
IX-20 InterestPrograms $22,479$22,479
IX-22 Depreciation, depletion and amortizationPrograms $85,148$85,148
IX-24 Other expenses (24a–d)Programs $185,276 · Management $15,450$200,726
IX-24e All other expensesPrograms $3,330$3,330
IX-25 Total functional expensesPrograms $464,746 · Management $71,526 · Fundraising $0$536,272
Part X · Balance sheet $3,116,605 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $901,539$1,053,179
X-4 Accounts receivableStart of year $102,872$26,989
X-9 Prepaid expenses and deferred chargesStart of year $7,179$5,421
X-10c Land, buildings and equipment, netStart of year $2,116,164$2,031,016
X-16 Total assetsStart of year $3,127,754$3,116,605
X-17 Accounts payable and accrued expensesStart of year $39,857$34,768
X-26 Total liabilitiesStart of year $493,370$435,317
X-27 Net assets without donor restrictionsStart of year $2,634,384$2,681,288
X-32 Total net assets or fund balancesStart of year $2,634,384$2,681,288
X-33 Total liabilities and net assetsStart of year $3,127,754$3,116,605
Part XI · Reconciliation of net assets $2,681,288 net assets at year end
XI-1 Total revenue$583,176
XI-2 Total expenses$536,272
XI-3 Revenue less expenses$46,904
XI-4 Net assets at start of year$2,634,384
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$2,681,288

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

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Export with similar orgs (CSV)
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.