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Nonprofit · EIN 81-0467766

PHILLCO ECONOMIC GROWTH COUNCIL INC

Tax-exempt · MALTA, MT 59538

Financials

$47K$52K2023$62K$43K2024
Revenue Expenses · by fiscal year end
Financials of PHILLCO ECONOMIC GROWTH COUNCIL INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$62,188$43,406$18,782$1,072,560$1,153$1,071,407
December 31, 2023990$47,031$52,104-$5,073$1,053,357$732$1,052,625
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$30,000
of which government grants
$20,000
Program service revenue
$2,500
Investment income
$24,528
Net rental income
$5,060
Other revenue
$5,160

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$24,900
Salaries, compensation and benefits (total)
$27,136
Professional fundraising fees
$0
Legal fees
$1,140
Accounting fees
$1,295
Depreciation
$1,868
Program services (functional)
$43,406

Balance sheet and other

Total assets, start of year
$1,053,357
Total assets, end of year
$1,072,560
Total liabilities, end of year
$1,153
Net assets, end of year
$1,071,407
Land, buildings and equipment
$20,561
Net assets without donor restrictions
$161,407
Net assets with donor restrictions
$910,000
Gross receipts
$62,188
Employees
0
Volunteers
0
Year formed
1986
State of legal domicile
MT

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
SHANE ANDERSONDIRECTOR
Trustee or director
1$0
MARK KUNZESECRETARY/TREASURER
Trustee or director, Officer
1$0
MARKO MANOUKIANDIRECTOR
Trustee or director
1$0
MIKE LANGDIRECTOR
Trustee or director
1$0
JACKIE SORLIEPRESIDENT
Trustee or director, Officer
1$0
BONNIE WIEDERRICKDIRECTOR
Trustee or director
1$0
BOB GALTVICE PRESIDENT
Trustee or director, Officer
1$0
BRUCE CHRISTOFFERSONDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
MARK KUNZEDIRECTOR
Trustee or director
1$0
SHANE ANDERSONDIRECTOR
Trustee or director
1$0
JACKIE SORLIESECRETARY/TREASURER
Trustee or director, Officer
1$0
MARKO MANOUKIANDIRECTOR
Trustee or director
1$0
MIKE LANGDIRECTOR
Trustee or director
1$0
KOURTNEY SIMONSONPRESIDENT
Trustee or director, Officer
1$0
BONNIE WIEDERRICKDIRECTOR
Trustee or director
1$0
BOB GALTVICE PRESIDENT
Trustee or director, Officer
1$0
BRUCE CHRISTOFFERSONDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
PO BOX 1637, MALTA, MT 59538-1637
Principal officer (990 for 2024)
JACKIE SORLIE, 139 S 1ST AVE EAST, MALTA, MT 59538
Signed the 990
JACKIE SORLIE, PRESIDENT
Phone
(406) 654-5525
Return prepared by
CHMS PC

Mission

THE MISSION OF PHILLCO ECONOMIC GROWTH COUNCIL IS THE PROMOTION OF ECONOMIC DEVLOPMENT AND THE QUALITY OF LIFE CONDUCIVE TO THE ECONOMIC GROWTH OF THE AREA.

990 for the year ended December 31, 2024

Program accomplishments

  • THE HORIZONS PROGRAM IS THE COMING TOGETHER OF THE COMMUNITY TO MEET THE COMMUNITY NEEDS TODAY AND PLAN FOR THE FUTURE GROWTH OF THE COMMUNITY. LEADERSHIP PHILLIPS COUNTY TRAINS THE COUNTY LEADERS OF THE FUTURE. 12 WEEK NX LEVEL COURSE FOR NEW AND EXISTING BUSINESSES AND ASSISTANCE WITH BUSINESS PLANS. MBIDD (FORMER AIRPORT) PROVIDES A PLACE FOR INDUSTRY AND DEVELOPMENT.
  • Expenses $43,406

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
81-0467766
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1992
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,072,560
Income (IRS master file)
$62,188

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$62,188$43,406$1,072,560IRS
990December 2023$47,031$52,104$1,053,357XML
990December 2022$44,174$43,239$1,058,650IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 81-0467766).

Questions about PHILLCO ECONOMIC GROWTH COUNCIL INC

What is the EIN of PHILLCO ECONOMIC GROWTH COUNCIL INC?
The employer identification number (EIN) of PHILLCO ECONOMIC GROWTH COUNCIL INC is 81-0467766.
Is PHILLCO ECONOMIC GROWTH COUNCIL INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1992.
Are donations to PHILLCO ECONOMIC GROWTH COUNCIL INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does PHILLCO ECONOMIC GROWTH COUNCIL INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of PHILLCO ECONOMIC GROWTH COUNCIL INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PHILLCO ECONOMIC GROWTH COUNCIL INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of PHILLCO ECONOMIC GROWTH COUNCIL INC?
The 990 for the year ended December 31, 2024 names JACKIE SORLIE.
Who are the officers and directors of PHILLCO ECONOMIC GROWTH COUNCIL INC?
The 990 for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
How much revenue does PHILLCO ECONOMIC GROWTH COUNCIL INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $62,188, expenses of $43,406 and total assets of $1,072,560 at year end.

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