GREAT FALLS DEVELOPMENT AUTHORITY INC | GROW GREAT FALLS

GREAT FALLS, MT | Cascade County
Economic Development
GREAT FALLS DEVELOPMENT AUTHORITY INC | GROW GREAT FALLS
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As of , this nonprofit no longer meets findCRA's qualification requirements and will no longer appear in CQ search results.

Reason for disqualification:

Overview

GREAT FALLS DEVELOPMENT AUTHORITY INC | GROW GREAT FALLS
81-0465605
405 S 3RD ST NW
GREAT FALLS, MT 59404
Cascade County
(406) 564-0957

info@growgreatfalls.org
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Mission Statement info

GROW DIVERSE ECONOMIC OPPORTUNITIES THAT ENHANCE QUALITY OF LIFE.

CRA Category info
  • Economic Development
Nonprofit location info
  • LMI Census Tract
Awards & Certifications info
  • CDFI Organization
  • CDFI Award Recipient
Founded info
1992
Total Employees info
16
Total Volunteers info
47
Nonprofit Classification (NTEE Code) info
S43

S - Community Improvement, Capacity Building

Small Business Development

Organizations that provide technical assistance, venture capital, loans, loan guarantees or other forms of support for individuals or groups who want to establish or expand the operation of a small business enterprise or venture.

IRS Activity Codes info
400
Area development, redevelopment of renewal
403
Attracting new industry or retaining industry in an area
402
Other activity aimed at combating community deterioration
Standard Business Classification (NAICS Code) info
541618
Other Management Consulting Services
Targeted Clients info
  • Economically Disadvantaged
  • Entrepreneurs
  • General Public
  • Inmates or Ex-Offenders
  • LGBTQ Individuals
  • Men
  • Military
  • Minority Individuals
  • Minority-Owned Businesses
  • Native Americans
  • Nonprofits
  • People outside the U.S.
  • Rural Residents
  • Small Businesses
  • Small Farms
  • Tribal Organizations
  • Underbanked or Unbanked
  • Veterans
  • Unemployed
  • Women
CRA Income Characteristics info
  • Low-Income
  • Moderate-Income

CRA Alignment

CRA Category info
Economic Development
Workforce development, job training, and small business or startup support.
58%
Percent LMI Served info
as reported by the nonprofit
What does it mean for a nonprofit to be CRA aligned?
Each nonprofit on Community Qualifier has been reviewed by findCRA utilizing a dual evaluation process. Nonprofits are first evaluated by our proprietary algorithm, CRANIA, and then further validated by our CRA experts. When nonprofit passes both parts of this review, we create a nonprofit profile for them on Community Qualifier. From there, a nonprofit can claim their profile and add additional information including their programs & services, counties served, targeted clients and income groups and more.
LOWHIGH
LOWHIGH
LOWHIGH
LOWHIGH
Programs & Services info
Start or Grow a Business
Whether your business is growing, innovating, or just getting started, we offer a variety of tools and resources, including, but not limited to: Strategic planning Expansion planning Business planning COVID-19 planning Disaster preparedness Loan packaging assistance Customer and competition research Buying and selling a business Hiring employees Financial analysis Operational efficiency Startup assistance Government contracting assistance Supply chain management Low, and no-cost business training.
Targeted Clients info
  • Economically Disadvantaged
  • Entrepreneurs
  • Military
  • Minority-Owned Businesses
  • Native Americans
  • Nonprofits
  • Rural Residents
  • Small Businesses
  • Veterans
  • Unemployed
  • Women
  • Women-Owned Businesses
CRA Income Characteristics info
  • Low-Income
  • Moderate-Income
Food & Ag Development Center
Special focus is placed on agriculture, bioscience, biofuels, food, and natural resource development drawing on the rich geography of the 13-county trade area of Great Falls. The region is marked by a world-renowned agricultural production zone and a resourceful and innovative population calling the region home. The Great Falls FADC is focused on where food and agriculture are headed in the face of 2050 when we will see 10 billion people with increased levels of global incomes inhabit our globe.
Targeted Clients info
  • Economically Disadvantaged
  • Entrepreneurs
  • Men
  • Military
  • Minority Individuals
  • Minority-Owned Businesses
  • Native Americans
  • Rural Residents
  • Small Businesses
  • Small Farms
  • Veterans
  • Women
  • Women-Owned Businesses
CRA Income Characteristics info
  • Low-Income
  • Moderate-Income
Financing
We finance what banks and credit unions can’t. We fill gaps for developers, nonprofits, business expansions, and business startups. We provide loans for financial gaps in projects, bridge loans to get your project moving quicker, SBA 504 loans to lock in low interest rates for the life of the loan, and Brownfield clean up loans. Here are some examples of ways we can help: Loans for working capital, equipment, training, product development, renovations and new construction. Start-ups, expansions, modernizations, re-structuring and acquisitions. Flexible loan terms Access to technical assistance, business training, loan guarantees and equity sources. Environmental Cleanup & Assessment
Targeted Clients info
  • Entrepreneurs
  • LGBTQ Individuals
  • Men
  • Military
  • Minority Individuals
  • Minority-Owned Businesses
  • Native Americans
  • Nonprofits
  • Small Businesses
  • Small Farms
  • Tribal Organizations
  • Underbanked or Unbanked
  • Veterans
  • Women
  • Women-Owned Businesses
CRA Income Characteristics info
  • Low-Income
  • Moderate-Income
Government Contracting
Great Falls PTAC is the bridge between government buyers and Montana businesses. How we can help Get your business registered in the System for Awards Management (SAM) Provide education in the methods, requirements and regulations of government procurement – so you can secure contracts Work as an intermediary between contracting officers and suppliers to resolve contract problems that may occur during the life of your contract.
Targeted Clients info
  • Entrepreneurs
  • Military
  • Minority-Owned Businesses
  • Tribal Organizations
  • Women-Owned Businesses
CRA Income Characteristics info
  • Low-Income
  • Moderate-Income
Awards & Certifications info
Community Development Financial Institution info
Date Certified info
1/28/2014
Native American CDFI info
N
Financial Institution Type info
Loan Fund
Community Development Financial Institution Award Recipient info
New Market Tax Credit Recipient info
YearAmountProgramAwardee Name
2018 $700,000 CDFI Financial Assistance open_in_new Great Falls Development Authority, Inc.
2019 $650,000 CDFI Financial Assistance open_in_new Great Falls Development Authority, Inc.
2020 $657,000 CDFI Financial Assistance open_in_new Great Falls Development Authority, Inc.
2021 $766,530 CDFI Financial Assistance open_in_new Great Falls Development Authority, Inc.
2021 $1,280,000 CDFI Rapid Response Program (COVID-19) open_in_new Great Falls Development Authority, Inc.

Includes CDFI Fund awards granted between January 2013 and December 2023

HUD Counseling Agency info
Low Income Housing Tax Credit Recipient info

IRS Summary

Income
$32.8M
Revenue
$9.9M
Assets
$9.9M

IRS Business Master File Details info

As of March 2025
Exempt Ruling Date info
1992-06
Deductibility Status info
Deductible
Last Tax Filing info
2024
Organization Type info
Corporation
Organization Tax Filing Status info
990 (all other) or 990EZ return
Foundation Tax Filing Status info
990-PF not required by IRS
Affiliation Classification info
Independent Organization
Basis for Foundation/Public Charity Status info
Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)

IRS Publication 78 Details info

As of March 2025
Verified in Publication 78 info
Yes
Deductibility Limitation info
50% (60% for cash contributions)
Organization Description info
A public charity

IRS Form 990 Returns info

Through December 2024
Tax period ending in
2023-06
PDF
990
E-File
990
XML
990
Tax period ending in
2022-06
PDF
990
E-File
990
XML
990
Tax period ending in
2021-06
E-File
990
XML
990
Tax period ending in
2019-06
PDF
990
E-File
990
XML
990
Tax period ending in
2018-06
PDF
990
Tax period ending in
2017-06
PDF
990
Tax period ending in
2016-06
E-File
990
XML
990

Nonprofit Location

Physical Address info
405 S 3RD ST NW
GREAT FALLS, MT 59404
Cascade County
Area Type info
Metropolitan Statistical Area
FIPS Geocoded Address info
24500
MSA/MD info
30
State info
013
County info
0016.00
Tract info
Moderate
Income Level info
Core-Based Statistical Area info
24500 - Great Falls, MT
Combined Statistical Area info
Not located in a CSA.
Metropolitan Division info
Not located in an MD.
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 22.05%
FFIEC Distressed Census Tract info
FFIEC Underserved Census Tract info
Geographies Served info
  • MT - Blaine County
  • MT - Cascade County
  • MT - Chouteau County
  • MT - Fergus County
  • MT - Glacier County
  • MT - Hill County
  • MT - Judith Basin County
  • MT - Lewis and Clark County
  • MT - Liberty County
  • MT - Meagher County
  • MT - Pondera County
  • MT - Teton County
  • MT - Toole County

Market Data

Census Tract County
0016.00 Cascade County
Population
Total Population 4,268 84,601
Total Households 1,866 34,909
Income
Median Income* $45,857 $66,203
Median Family Income (2024 FFIEC est.) $85,300 $86,500
Tract Income Percentage 67.64% N/A
Below Poverty Level 20.6% 13.2%
Unemployment Level 1.8% 3.0%
Housing
Total Housing Units 2,034 39,248
Total Owner-Occupied Units 61.4% 70.2%
Total Renter-Occupied Units 30.4% 29.8%
Total Vacant Units 8.3% 6.9%
* Census Tract Median Income based on 2020 Tract Median Family Income as reported in the 2024 FFIEC Census Flat File. County Income based on Median Household Income as reported in the 2023 American Community Survey.
View more than 200 performance context data points for this county now.

Management

50
Total Voting Members
in Governing Body info
50
Independent Voting Members
in Governing Body info
Tax Filing Signatory info
Brett Doney
(406) 750-2119
Principal Officer info
Brett Doney
findCRA Profile Owner
Heidi Gibson
Resource Director
heidi@growgreatfalls.org
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Whistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting info
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grand Audit Performed
Organization Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

Information in this section is extracted from the nonprofit's e-filed tax return and based on answers provided by the nonprofit in their 990 e-filed for the tax period ending on 2022-06.

A hyphen (“-“) in this section indicates that the information was not required by the IRS or not reported by the nonprofit in its tax return e-filing.

This Nonprofit Profile was created using data available from publicly available government and industry sources, our own research, and information provided directly the nonprofit organization. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit help.findcra.com.