Montana Economic Revitalization And Development Institute Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 810349571 ✦ Butte, MT ✦ Designated as a 501(c)(3)

Overview

What is Montana Economic Revitalization And Development Institute Inc?

Montana Economic Revitalization and Development Institute Inc, based in Butte, Montana, is a distinguished nonprofit organization dedicated to driving economic growth in the region. Their primary focus lies in developing and commercializing energy and waste technology. This mission includes conducting energy research, facilitating technology transfer, and supporting economic development. Significant activities undertaken by the institute include the rehabilitation of the Thornton Building for business use and housing a super-computer, as well as awarding scholarship funds to Montana's educational institutions to support energy research and engineering. The institute's operations are overseen by a single employee.


Official website here: www.merdi.org

Is Montana Economic Revitalization And Development Institute Inc legitimate?

Montana Economic Revitalization And Development Institute Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Montana Economic Revitalization And Development Institute Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $49,360
Professional Fundraising Fees: $0
Other Salaries and Wages: $30,456

For more financial information, click here


Official website here: www.merdi.org

What is the mission statement of Montana Economic Revitalization And Development Institute Inc?

The Montana Economic Revitalization and Development Institute Inc's mission is centered around conducting energy research and commercialization for technology transfer, with the aim of supporting economic development. Significant activities include the rehabilitation of a building to house a super-computer and business use, as well as providing scholarship funds to Montana's educational institutions to foster energy research and engineering. The ultimate goal is to develop and commercialize energy and waste technology, thereby creating job opportunities in the region and contributing to land restoration.


Official website here: www.merdi.org

Who is the CEO of Montana Economic Revitalization And Development Institute Inc?

Gary Rowe is the Director of Montana Economic Revitalization And Development Institute Inc.


Official website here: www.merdi.org

What is the revenue of Montana Economic Revitalization And Development Institute Inc?

Montana Economic Revitalization And Development Institute Inc's revenue in 2021 was $523,914.


Official website here: www.merdi.org

Who are the executives of Montana Economic Revitalization And Development Institute Inc and what are their salaries?

The average compensation at Montana Economic Revitalization And Development Institute Inc during 2021 was $79,816. There are 1 employees and 5 volunteers at Montana Economic Revitalization And Development Institute Inc.

Here are 6 key members and their salaries:

    Gary Rowe (President)
  • Compensation: $28,119
  • Related: $0
  • Other: $15,643

    • Don Peoples (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Kambich (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Cote (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Kebe (Chairman Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Mcgree (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.merdi.org

    Where can I find the form 990 for Montana Economic Revitalization And Development Institute Inc?

    The Montana Economic Revitalization And Development Institute Inc’s most recent form 990 was submitted in 2021 and can be accessed here


    Official website here: www.merdi.org

    Learn more at the official website: www.merdi.org

    Mission Statement of Montana Economic Revitalization And Development Institute Inc

    Montana Economic Revitalization and Development Institute Inc is dedicated to conducting energy research and commercialization, with a focus on technology transfer and supporting economic development. Their significant activities include the rehabilitation of buildings, such as the Thornton Building, for business use and housing advanced technologies like super-computers. Additionally, the Institute awards scholarship funds to Montana's educational institutions to support energy research and engineering, aiming to stimulate job growth and restore land in the region.

    Impact

    This information is meant to be a general summary of Montana Economic Revitalization And Development Institute Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Wednesday, July 24, 2024

    Montana Economic Revitalization And Development Institute Inc conducts energy research and commercialization to support economic development. They have made significant contributions by rehabilitating the Thornton Building for business use and housing a super-computer. Additionally, they provide scholarship funds to Montana educational institutions to support energy research and engineering. Their efforts to develop and commercialize energy and waste technology aim to increase jobs in the region and restore land, making a positive impact on the community in Butte, MT.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $572
  • Program Service Revenue: $453,666
  • Gross Receipts: $523,914

    • Assets and Liabilities:
  • Total Assets: $2,139,862
  • Total Liabilities: $1,219,765
  • Net Assets: $920,097
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    IT SUPPORT/ACCESS

    Revenue

    $411,026

    CONTRACT REVENUE

    Revenue

    $42,640

    Organization Details

    Founding Year

    1974

    Principal Officer

    Gary Rowe

    Main Address

    65 E BROADWAY, BUTTE, MT, 59701

    NTEE Category

    Code: S30 - Community improvement

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