Missoula Economic Partnership

Nonprofit profile at a glance

EIN
273994460
IRS 990 coverage
2011–2024
Forms available
Form 990 2024
Location
Missoula, MT, USA
Phone
4065416461
Rating confidence
Limited
Sector
Chambers of Commerce & Business Leagues

Official website

Reported finances

Revenue
$745,874
Expenses
$936,967
Assets
$511,001
Liabilities
$130,201

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

26 people listed

Executive titles in this filing

  • GRANT KIER (PRESIDENT & CEO)

Highest reported compensation

  • GRANT KIER (PRESIDENT & CEO): $189,461 total reported compensation
  • NICOLE RUSH (EMPLOYEE): $114,280 total reported compensation
  • JULIE LACEY (EMPLOYEE): $107,131 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

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.

What it reported doing in 2024

Land development program: missoula economic partnership's land development program advances strategic redevelopment, infrastructure coordination, and site readiness efforts that support long-term economic growth, housing development, and business expansion. In fy25, mep played a leading role in several major redevelopment initiatives across missoula county.mep partnered with the city of missoula and private stakeholders to support redevelopment planning for the former roseburg forest products site following the facility closure in 2024. This work included coordination around annexation, urban renewal district expansion, transportation planning, and future land use strategies to position the property for redevelopment aligned with community economic priorities. These efforts ultimately contributed to the successful recruitment of story house pictures Montana, which plans to bring nearly 400 media manufacturing jobs to the region over the next decade.mep also supported redevelopment planning for southgate crossing, a 13-acre midtown property, by helping attract qualified development partners and conducting due diligence with prospective teams. The project is expected to deliver new housing, commercial space, and public amenities aligned with the midtown master plan.additionally, mep convened the missoula infrastructure coalition for its second year, bringing together public agencies, utilities, developers, and industry leaders to coordinate around long-term infrastructure planning, federal investment opportunities, and future capacity needs throughout missoula county.

Operating model

Revenue model
Earned-program. 74% of the money available for current operations came from fees and other program revenue.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 89
  • Accountability: 90
  • Sustainability: 14
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 5 of 6 controls in place; rating input score 83
    • Compensation committee: Missing
    • Independent consultant: Pass
    • Other Form 990s reviewed: Pass
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -25.6%; rating input score 7; 7th percentile among comparable filings
  • Total-asset coverage ratio: 0.55; rating input score 25; 25th percentile among comparable filings
  • Liabilities to assets ratio: 0.25; rating input score 27; 27th percentile among comparable filings
  • Officer compensation ratio: 43.9%; rating input score 3; 3rd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 2.9% per year; rating input score 100; 30th percentile among comparable filings
  • Asset growth: -5.5% per year; rating input score 0; 6th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 24 of 24 board members independent · 6 of 8 filing controls reported
  • Programs: 4 filed program accomplishments
  • Leadership: top reported pay $189K · 26 people listed · 5 of 6 pay-setting controls reported
  • Consistency: 10 of 10 current checks pass
  • Schedules: 4 filed schedules · includes major donors and executive pay
  • Filing history: 14 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 7/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Sustainability: Total-asset coverage ratio scored 25/100.
  • High — Sustainability: Officer compensation ratio scored 3/100.
  • High — Sustainability: Liabilities to assets ratio scored 27/100.