SOUTHEASTERN MONTANA DEVELOPMENT CORPORATION: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization: SOUTHEASTERN MONTANA DEVELOPMENT CORPORATION (EIN 81-0485103)
Tax period: 2021-01-01 to 2021-12-31
Filed: 2022-11-15
IRS object ID: 202233199349322738
Schema version: 2021v4.2
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2022-11-15T10:09:17-05:00	ReturnTs
Tax Period End	2021-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	463637074	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	Mehling Tax & Accounting Inc	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO Box 2039	AddressLine1Txt
City	Billings	CityNm
State Abbreviation	MT	StateAbbreviationCd
ZIP	59103	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2021-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	810485103	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	SOUTHEASTERN MONTANA DEVELOPMENT CORPORATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	SOUT	BusinessNameControlTxt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 1935	AddressLine1Txt
City	COLSTRIP	CityNm
State Abbreviation	MT	StateAbbreviationCd
ZIP	59323	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	JAMES L ATCHISON	PersonNm
Person Title	DIRECTOR	PersonTitleTxt
Phone	4067482990	PhoneNum
Signature	2022-01-09	SignatureDt
Discuss With Paid Preparer	false	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	JAMES	PersonFirstNm
Person Last	ATCHISON	PersonLastNm

Field	Value	IRS element (for citing)
SSN	XXX-XX-XXXX	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	Kathy Pimley	PreparerPersonNm
PTIN	P01225453	PTIN
Phone	4062542724	PhoneNum
Preparation	2022-11-15	PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	0	TrustedCustomerCd
OOB Security Verification	00	OOBSecurityVerificationCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2021	TaxYr
Build TS	2022-09-23 18:48:47Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Gross Receipts	$1,296,654	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.SEMDC.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1993	FormationYr
Legal Domicile State	MT	LegalDomicileStateCd
Activity Or Mission	TO ENCOURAGE, STIMULATE AND PROMOTE ECONOMIC DEVELOPMENT, EXPANSION AND DIVERSIFICATION IN SOUTHEASTERN MONTANA	ActivityOrMissionDesc
Voting Members Governing Body	14	VotingMembersGoverningBodyCnt
Voting Members Independent	14	VotingMembersIndependentCnt
Total Employee	5	TotalEmployeeCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$452,645	PYContributionsGrantsAmt
CY Contributions Grants	$1,223,520	CYContributionsGrantsAmt
PY Program Service Revenue	$30,175	PYProgramServiceRevenueAmt
CY Program Service Revenue	$37,055	CYProgramServiceRevenueAmt
PY Investment Income	$296	PYInvestmentIncomeAmt
CY Investment Income	$50	CYInvestmentIncomeAmt
PY Other Revenue	$89,459	PYOtherRevenueAmt
CY Other Revenue	$36,029	CYOtherRevenueAmt
PY Total Revenue	$572,575	PYTotalRevenueAmt
CY Total Revenue	$1,296,654	CYTotalRevenueAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$213,875	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$237,399	CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$272,316	PYOtherExpensesAmt
CY Other Expenses	$483,505	CYOtherExpensesAmt
PY Total Expenses	$486,191	PYTotalExpensesAmt
CY Total Expenses	$720,904	CYTotalExpensesAmt
PY Revenues Less Expenses	$86,384	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$575,750	CYRevenuesLessExpensesAmt
Total Assets BOY	$1,620,598	TotalAssetsBOYAmt
Total Assets EOY	$2,050,730	TotalAssetsEOYAmt
Total Liabilities BOY	$539,355	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$393,737	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$1,081,243	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$1,656,993	NetAssetsOrFundBalancesEOYAmt
Mission	TO ENCOURAGE, STIMULATE AND PROMOTE ECONOMIC DEVELOPMENT, EXPANSION AND DIVERSIFICATION IN SOUTHEASTERN MONTANA	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Expense	$512,681	ExpenseAmt
Revenue	$350,096	RevenueAmt
Desc	PROVIDE BUSINESS CONSULTATION SERVICES, FREE OF CHARGE, TO CLIENTS: WORK WITH BUSINESS EXPANSIONS, BUSINESS STARTUPS AND BUYOUTS OF EXISTING BUSINESSES	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$102,536	ExpenseAmt
Revenue	$285,263	RevenueAmt
Desc	ADMINISTER GRANTS AND TECHNICAL ASSISTANCE GRANTS RECEIVED BY ENTITY OR BY BUSINESSES UNDER THE ADMINSTRATION OF THIS ENTITY	Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

Field	Value	IRS element (for citing)
Expense	$25,634	ExpenseAmt
Revenue	$77,799	RevenueAmt
Desc	ADMINISTERED A REVOLVING LOAN PROGRAM FOR SMALL BUSINESSES THROUGHOUT THE YEAR, PROVIDING ASSISTANCE THROUGH THE APPLICATION PROCESS AND DEVELOPMENT OF BUSINESS PLAN, AND OBTAINING COMMERCIAL FINANCING: TECHNICAL ASSISTANCE TO LOAN PROGRAM CLIENTS	Desc

Field	Value	IRS element (for citing)
Total Program Service Expenses	$640,851	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (true)	DescribedInSection501c3Ind
Schedule B Required	Yes (true)	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Lobbying Activities	false	LobbyingActivitiesInd
Subject To Proxy Tax	false	SubjectToProxyTaxInd
Donor Advised Fund	false	DonorAdvisedFundInd
Conservation Easements	false	ConservationEasementsInd
Collections Of Art	false	CollectionsOfArtInd
Credit Counseling	false	CreditCounselingInd
Donor Rstr Or Quasi Endowments	false	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (true)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	false	ReportInvestmentsOtherSecInd
Report Program Related Invst	false	ReportProgramRelatedInvstInd
Report Other Assets	false	ReportOtherAssetsInd
Report Other Liabilities	Yes (true)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	false	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	false	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	false	ConsolidatedAuditFinclStmtInd
School Operating	false	SchoolOperatingInd
Foreign Office	false	ForeignOfficeInd
Foreign Activities	false	ForeignActivitiesInd
More Than5000 K To Org	false	MoreThan5000KToOrgInd
More Than5000 K To Individuals	false	MoreThan5000KToIndividualsInd
Professional Fundraising	false	ProfessionalFundraisingInd
Fundraising Activities	false	FundraisingActivitiesInd
Gaming Activities	false	GamingActivitiesInd
Operate Hospital	false	OperateHospitalInd
Grants To Organizations	false	GrantsToOrganizationsInd
Grants To Individuals	false	GrantsToIndividualsInd
Schedule J Required	false	ScheduleJRequiredInd
Tax Exempt Bonds	false	TaxExemptBondsInd
Engaged In Excess Benefit Trans	false	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	false	PYExcessBenefitTransInd
Loan Outstanding	false	LoanOutstandingInd
Grant To Related Person	false	GrantToRelatedPersonInd
Business Rln With Org Mem	false	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	false	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	false	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	false	DeductibleNonCashContriInd
Deductible Art Contribution	false	DeductibleArtContributionInd
Terminate Operations	false	TerminateOperationsInd
Partial Liquidation	false	PartialLiquidationInd
Disregarded Entity	false	DisregardedEntityInd
Related Entity	false	RelatedEntityInd
Related Organization Ctrl Ent	false	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	false	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (true)	ScheduleORequiredInd
IRP Document	2	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (true)	BackupWthldComplianceInd
Employee	5	EmployeeCnt
Employment Tax Returns Filed	Yes (true)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	false	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Taxable Party Notification	false	TaxablePartyNotificationInd
Nondeductible Contributions	false	NondeductibleContributionsInd
Quid Pro Quo Contributions	false	QuidProQuoContributionsInd
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Form8899 Filedind	false	Form8899Filedind
Form1098 C Filed	false	Form1098CFiledInd
Indoor Tanning Services	false	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	false	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	14	GoverningBodyVotingMembersCnt
Independent Voting Member	14	IndependentVotingMemberCnt
Family Or Business Rln	false	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	false	DelegationOfMgmtDutiesInd
Change To Org Documents	false	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	false	MaterialDiversionOrMisuseInd
Members Or Stockholders	Yes (true)	MembersOrStockholdersInd
Election Of Board Members	Yes (true)	ElectionOfBoardMembersInd
Decisions Subject To Approva	false	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (true)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (true)	MinutesOfCommitteesInd
Officer Mailing Address	false	OfficerMailingAddressInd
Local Chapters	false	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (true)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (true)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	false	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	false	RegularMonitoringEnfrcInd
Whistleblower Policy	false	WhistleblowerPolicyInd
Document Retention Policy	false	DocumentRetentionPolicyInd
Compensation Process CEO	false	CompensationProcessCEOInd
Compensation Process Other	false	CompensationProcessOtherInd
Investment In Joint Venture	false	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	MT	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	JIM ATCHISON	PersonNm
Phone	4067482990	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 1935	AddressLine1Txt
City	COLSTRIP	CityNm
State Abbreviation	MT	StateAbbreviationCd
ZIP	59323	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd
JAMES ATCHISON
EXECUTIVE DIRECTOR	40.00	0.00	Yes (X)	$76,535	$0	$0
KEITH HOLMLUND
DIRECTOR	1.00	0.00		$0	$0	$0	Yes (X)
MARLO MOEHR
DIRECTOR	1.00	0.00		$0	$0	$0	Yes (X)
ALAN SEE
DIRECTOR	1.00	0.00		$0	$0	$0	Yes (X)
RICK HUBER
DIRECTOR	1.00	0.00		$0	$0	$0	Yes (X)
RITA KRATKY
DIRECTOR	1.00	0.00		$0	$0	$0	Yes (X)
STEVE SMALL
DIRECTOR	1.00	0.00		$0	$0	$0	Yes (X)
RUTH BAKER
DIRECTOR	1.00	0.00		$0	$0	$0	Yes (X)
AMY PONTIUS
SECRETARY TREASURER	4.00	0.00		$0	$0	$0	Yes (X)
JACK REGAN
VICE PRESIDENT	4.00	0.00		$0	$0	$0	Yes (X)
JOHN WILLIAMS
PRESIDENT	4.00	0.00		$0	$0	$0	Yes (X)
DONNA GIACOMETTO
DIRECTOR	1.00	0.00		$0	$0	$0	Yes (X)
DOUG MARTENS
DIRECTOR	1.00	0.00		$0	$0	$0	Yes (X)
DENNIS KOPITZKE
DIRECTOR	1.00	0.00		$0	$0	$0	Yes (X)
RAYMOND RAGSDALE
DIRECTOR	1.00	0.00		$0	$0	$0	Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$76,535	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$0	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	0	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	false	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	false	TotalCompGreaterThan150KInd
Compensation From Other Srcs	false	CompensationFromOtherSrcsInd
Membership Dues	$28,688	MembershipDuesAmt
Fundraising	$13,060	FundraisingAmt
Government Grants	$883,304	GovernmentGrantsAmt
All Other Contributions	$298,468	AllOtherContributionsAmt
Total Contributions	$1,223,520	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

Field	Value	IRS element (for citing)
Desc	REVOLVING LOAN INCOME	Desc
Business	900099	BusinessCd
Total Revenue Column	$37,055	TotalRevenueColumnAmt
Related Or Exempt Func Income	$37,055	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$37,055	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$50	TotalRevenueColumnAmt
Related Or Exempt Func Income	$50	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Contri Rpt Fundraising Event	$13,060	ContriRptFundraisingEventAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	TOTAL OTHER REVENUE	Desc
Business	561499	BusinessCd
Total Revenue Column	$36,029	TotalRevenueColumnAmt
Related Or Exempt Func Income	$36,029	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$36,029	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,296,654	TotalRevenueColumnAmt
Related Or Exempt Func Income	$73,134	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$76,536	TotalAmt
Program Services	$53,575	ProgramServicesAmt
Management And General	$22,961	ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$111,267	TotalAmt
Program Services	$83,450	ProgramServicesAmt
Management And General	$27,817	ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$6,820	TotalAmt
Program Services	$4,774	ProgramServicesAmt
Management And General	$2,046	ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$26,909	TotalAmt
Program Services	$20,182	ProgramServicesAmt
Management And General	$6,727	ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$15,867	TotalAmt
Program Services	$11,900	ProgramServicesAmt
Management And General	$3,967	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$14,712	TotalAmt
Program Services	$11,034	ProgramServicesAmt
Management And General	$3,678	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$3,823	TotalAmt
Program Services	$2,867	ProgramServicesAmt
Management And General	$956	ManagementAndGeneralAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$719	TotalAmt
Program Services	$539	ProgramServicesAmt
Management And General	$180	ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$880	TotalAmt
Program Services	$660	ProgramServicesAmt
Management And General	$220	ManagementAndGeneralAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$7,561	TotalAmt
Program Services	$5,671	ProgramServicesAmt
Management And General	$1,890	ManagementAndGeneralAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$4,121	TotalAmt
Program Services	$3,091	ProgramServicesAmt
Management And General	$1,030	ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$4,251	TotalAmt
Management And General	$4,251	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$7,484	TotalAmt
Program Services	$5,613	ProgramServicesAmt
Management And General	$1,871	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt
TRAINING	$871	$653	$218
FUNDRAISING EXPENSES	$7,543	$7,543
GRANT EXPENSE	$422,577	$422,577
LOAN FEES	$4,128	$3,096	$1,032

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$4,835	TotalAmt
Program Services	$3,626	ProgramServicesAmt
Management And General	$1,209	ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$720,904	TotalAmt
Program Services	$640,851	ProgramServicesAmt
Management And General	$80,053	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$258,765	BOYAmt
EOY	$363,645	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$428,051	BOYAmt
EOY	$295,007	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$129,734	BOYAmt
EOY	$52,000	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$725,461	BOYAmt
EOY	$1,262,756	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$142,165	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$64,843	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$78,587	BOYAmt
EOY	$77,322	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$1,620,598	BOYAmt
EOY	$2,050,730	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$147,131	BOYAmt
EOY	$23,267	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$392,224	BOYAmt
EOY	$370,470	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$539,355	BOYAmt
EOY	$393,737	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$1,081,243	BOYAmt
EOY	$1,656,993	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$1,081,243	BOYAmt
EOY	$1,656,993	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$1,620,598	BOYAmt
EOY	$2,050,730	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$575,750	ReconcilationRevenueExpnssAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	false	AccountantCompileOrReviewInd
FS Audited	false	FSAuditedInd
Federal Grant Audit Required	false	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Public Organization170	Yes (X)	PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$254,075	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$219,478	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$289,084	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$572,279	CurrentTaxYearMinus1YearAmt
Current Tax Year	$1,296,601	CurrentTaxYearAmt
Total	$2,631,517	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$254,075	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$219,478	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$289,084	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$572,279	CurrentTaxYearMinus1YearAmt
Current Tax Year	$1,296,601	CurrentTaxYearAmt
Total	$2,631,517	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$1,561,277	SubstantialContributorsTotAmt
Public Support Total170	$1,070,240	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$2,307	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$2,211	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$2,848	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$296	CurrentTaxYearMinus1YearAmt
Current Tax Year	$50	CurrentTaxYearAmt
Total	$7,712	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$2,639,229	TotalSupportAmt
Public Support CY170	0.40550	PublicSupportCY170Pct
Public Support PY170	0.53000	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$50,000	OtherCostOrOtherBasisAmt
Book Value	$50,000	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$55,200	OtherCostOrOtherBasisAmt
Depreciation	$36,395	DepreciationAmt
Book Value	$18,805	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$36,965	OtherCostOrOtherBasisAmt
Depreciation	$28,448	DepreciationAmt
Book Value	$8,517	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$77,322	TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDesc	AmtAmt
NOTES PAYABLE	$335,847
COMPENSATED ABSENCES	$34,623

Field	Value	IRS element (for citing)
Total Liability	$370,470	TotalLiabilityAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Members or stockholder classes and rights Part VI line 6	ELIGIBLE MEMBERSHIP OF THIS ENTITY IS RESTRICTED TO LOCAL GOVERNMENT UNITS WITHIN THE SOUTHEASTERN MONTANA ECONOMIC DEVELOPMENT CORPORATIONS DEVELOPMENT DISTRICT AS DESIGNATED BY THE US ECONOMIC DEVELOPMENT ADMINISTRATION
Member election for additional members Part VI line 7a	THE LOCAL GOVERNMENT UNITS WITHIN THIS DEVELOPMENT DISTRICT CAN ELECT MEMBERS OF THE GOVERNING BODY, OR CAN APPOINT THOSE MEMBERS FROM WITHIN THEIR LOCAL GOVERNMENT UNIT
Form 990 governing body review Part VI line 11	REVIEW OF FORM 990 IS CONDUCTED BY THE EXECUTIVE DIRECTOR
Governing documents etc available to public Part VI line 19	THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC AT THE ORGANIZATIONS OFFICE IN COLSTRIP, MONTANA. THE PUBLIC MAY MAKE A REQUEST TO THE EXECUTIVE DIRECTOR TO SEE THE DOCUMENTS AND WILL BE ALLOWED TO REVIEW COPIES OF THE DOCUMENTS AT THE ORGANZIATIONS OFFICE.