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Intermountain Business Lending

Organization summary

Type of Nonprofit

Designated as a Business leagues, chambers of commerce, real estate boards, etc, created for the improvement of business conditions.

Donations to this organization are not tax deductible.

Details

According to its Sept. 2024 tax filing, this nonprofit:

Reported conflict of interest transactions
Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Summary charts: organization finances over time

Revenue
$3.33M (2024)

Expenses
$3.35M (2024)

Total Assets
$2.98M (2024)

Total Liabilities
$659k (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Sept.
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,331,186
Expenses
$3,350,269
Net Income
-$19,083
Net Assets
$2,322,031
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,234,022
97.1%
Investment Income $15,616
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $81,548
2.4%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $205,804
6.1%
Professional Fundraising Fees $0
Other Salaries and Wages $2,139,758
63.9%
Assets/Debt
Total Assets $2,980,702
Total Liabilities $658,671
Net Assets $2,322,031
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Roberts Richards (Former Ceo) $336,260 $0 $0
Caryl Eriksson (President & Ceo) $205,804 $0 $0
Kalia Clark (Employee) $178,112 $0 $0
Mikel Bowman (Employee) $170,582 $0 $0
Chase Justin Carver (Employee) $162,551 $0 $0
Carrie Brough (Board Member) $0 $0 $0
Russell Fullmer (Board Member) $0 $0 $0
Brandon Stoddard (Board Member) $0 $0 $0
Joe Trunzo (Board Member) $0 $0 $0
Kerry Wahlen (Board Member) $0 $0 $0
Jay Thompson (Vice Chair) $0 $0 $0
Michael Poll (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,629,750
Expenses
$2,999,359
Net Income
-$369,609
Net Assets
$2,049,513
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,629,330
100.0%
Investment Income $420
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $2,092,123
69.8%
Assets/Debt
Total Assets $2,892,245
Total Liabilities $842,732
Net Assets $2,049,513
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Robert D Richards (Ceo) $370,000 $0 $0
Adam White (Employee) $212,084 $0 $0
Caryl Eriksson (President) $159,995 $0 $0
Mikel Bowmen (Employee) $147,912 $0 $0
Kalia Clark (Employee) $143,677 $0 $0
Kerry Wahlen (Board Member) $0 $0 $0
Michael Poll (Board Member) $0 $0 $0
Jay Thompson (Board Member) $0 $0 $0
Bruce Ashcroft (Board Member) $0 $0 $0
Brandon Stoddard (Board Member) $0 $0 $0
Erich Sontag (Board Member) $0 $0 $0
Joe Trunzo (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,200,082
Expenses
$3,017,537
Net Income
$182,545
Net Assets
$2,238,062
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,199,390
100.0%
Investment Income $692
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $2,010,392
66.6%
Assets/Debt
Total Assets $3,055,296
Total Liabilities $817,234
Net Assets $2,238,062
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Robert D Richards (President & Ceo) $345,000 $0 $0
Adam White (Employee) $219,500 $0 $0
Caryl Eriksson (Employee) $152,500 $0 $0
Mikel Bowmen (Employee) $140,000 $0 $0
Erich Sontag (Board Member) $0 $0 $0
Jay Thompson (Board Member) $0 $0 $0
Michael Poll (Board Member) $0 $0 $0
Kerry Wahlen (Board Member) $0 $0 $0
Tom Christopulos (Board Member) $0 $0 $0
Bruce Ashcroft (Board Member) $0 $0 $0
Brandon Stoddard (Board Member) $0 $0 $0
Dan Musgrave (Board Member) $0 $0 $0
John Gagon (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,396,091
Expenses
$2,478,136
Net Income
-$82,045
Net Assets
$2,509,706
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,395,313
100.0%
Investment Income $778
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $1,623,227
65.5%
Assets/Debt
Total Assets $3,340,647
Total Liabilities $830,941
Net Assets $2,509,706
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Robert D Richards (President & Ceo) $345,000 $0 $0
Adam White (Employee) $199,167 $0 $0
Caryl Eriksson (Employee) $154,184 $0 $0
Mikel Bowmen (Employee) $138,833 $0 $0
Erich Sontag (Board Member) $0 $0 $0
Jay Thompson (Board Member) $0 $0 $0
Michael Poll (Board Member) $0 $0 $0
Kerry Wahlen (Board Member) $0 $0 $0
Tom Christopulos (Board Member) $0 $0 $0
Bruce Ashcroft (Board Member) $0 $0 $0
Brandon Stoddard (Board Member) $0 $0 $0
Dan Musgrave (Board Member) $0 $0 $0
John Gagon (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,648,387
Expenses
$2,325,288
Net Income
$323,099
Net Assets
$2,319,837
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,647,196
100.0%
Investment Income $1,191
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $1,520,321
65.4%
Assets/Debt
Total Assets $2,629,409
Total Liabilities $309,572
Net Assets $2,319,837
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Robert D Richards (President & Ceo) $345,000 $0 $0
Caryl Eriksson (Employee) $273,082 $0 $0
Adam White (Employee) $140,924 $0 $0
Mikel Bowmen (Employee) $128,082 $0 $0
Bruce Davis (Board Member) $0 $0 $0
Bruce Ashcroft (Board Member) $0 $0 $0
Tom Christopulos (Board Member) $0 $0 $0
Dan Musgrave (Board Member) $0 $0 $0
John Gagon (Board Member) $0 $0 $0
Brandon Stoddard (Board Member) $0 $0 $0
Erich Sontag (Board Member) $0 $0 $0
Jay Thompson (Board Member) $0 $0 $0
Kerry Wahlen (Board Member) $0 $0 $0
Michael Poll (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,416,751
Expenses
$2,205,644
Net Income
$211,107
Net Assets
$1,975,877
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,415,508
99.9%
Investment Income $1,243
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $1,456,029
66.0%
Assets/Debt
Total Assets $2,396,669
Total Liabilities $420,792
Net Assets $1,975,877
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Robert D Richards (President &) $345,516 $0 $0
Caryl Eriksson (Employee) $192,546 $0 $0
Adam White (Employee) $154,246 $0 $0
Mikel Bowmen (Employee) $132,546 $0 $0
Bruce Davis (Board Member) $0 $0 $0
Bruce Ashcroft (Board Member) $0 $0 $0
Tom Christopulos (Board Member) $0 $0 $0
Dan Musgrave (Board Member) $0 $0 $0
John Gagon (Board Member) $0 $0 $0
Brandon Stoddard (Board Member) $0 $0 $0
Erich Sontag (Board Member) $0 $0 $0
Jay Thompson (Board Member) $0 $0 $0
Kerry Wahlen (Board Member) $0 $0 $0
Michael Poll (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,019,648
Expenses
$1,927,983
Net Income
$91,665
Net Assets
$1,736,625
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,009,952
99.5%
Investment Income $9,696
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $1,249,135
64.8%
Assets/Debt
Total Assets $2,303,819
Total Liabilities $567,194
Net Assets $1,736,625
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Robert D Richards (President &) $280,000 $0 $0
Caryl Eriksson (Employee) $127,000 $0 $0
Adam White (Employee) $126,200 $0 $0
Mikel Bowmen (Employee) $106,000 $0 $0
Bruce Davis (Board Member) $0 $0 $0
Bruce Ashcroft (Board Member) $0 $0 $0
Tom Christopulos (Board Member) $0 $0 $0
Dan Musgrave (Board Member) $0 $0 $0
John Gagon (Board Member) $0 $0 $0
Brandon Stoddard (Board Member) $0 $0 $0
Erich Sontag (Board Member) $0 $0 $0
Jay Thompson (Board Member) $0 $0 $0
Kerry Wahlen (Board Member) $0 $0 $0
Michael Poll (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,927,563
Expenses
$2,050,804
Net Income
-$123,241
Net Assets
$1,614,549
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,927,428
100.0%
Investment Income $135
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $1,224,486
59.7%
Assets/Debt
Total Assets $1,904,155
Total Liabilities $289,606
Net Assets $1,614,549
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Robert D Richards (President &) $260,000 $0 $0
Adam White (Employee) $203,900 $0 $0
Caryl Eriksson (Employee) $122,000 $0 $0
Mikel Bowmen (Employee) $104,900 $0 $0
Bruce Davis (Board Member) $0 $0 $0
Bruce Ashcroft (Board Member) $0 $0 $0
Tom Christopulos (Board Member) $0 $0 $0
Dan Musgrave (Board Member) $0 $0 $0
John Gagon (Board Member) $0 $0 $0
Brandon Stoddard (Board Member) $0 $0 $0
Erich Sontag (Board Member) $0 $0 $0
Jay Thomopson (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,822,841
Expenses
$1,813,750
Net Income
$9,091
Net Assets
$1,632,882
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,816,058
99.6%
Investment Income $6,783
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $1,108,378
61.1%
Assets/Debt
Total Assets $1,856,070
Total Liabilities $223,188
Net Assets $1,632,882
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Robert D Richards (President &) $255,215 $0 $0
Caryl Eriksson (Employee) $119,001 $0 $0
Bruce Davis (Board Member) $0 $0 $0
Bruce Ashcroft (Board Member) $0 $0 $0
Tom Christopulos (Board Member) $0 $0 $0
Dan Musgrave (Board Member) $0 $0 $0
John Gagon (Board Member) $0 $0 $0
Brandon Stoddard (Board Member) $0 $0 $0
Erich Sontag (Board Member) $0 $0 $0
Jay Thomopson (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,853,564
Expenses
$1,794,305
Net Income
$59,259
Net Assets
$1,545,955
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,843,719
99.5%
Investment Income $9,845
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $1,146,625
63.9%
Assets/Debt
Total Assets $1,803,399
Total Liabilities $257,444
Net Assets $1,545,955

Document Links

Fiscal Year Ending Sept.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,017,840
Expenses
$1,896,491
Net Income
$121,349
Net Assets
$1,524,363
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,003,951
99.3%
Investment Income $13,889
0.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $272,537
14.4%
Professional Fundraising Fees $0
Other Salaries and Wages $893,824
47.1%
Assets/Debt
Total Assets $1,765,157
Total Liabilities $240,794
Net Assets $1,524,363

Document Links

Fiscal Year Ending Sept.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,907,481
Expenses
$2,084,519
Net Income
-$177,038
Net Assets
$1,387,098
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,904,995
99.9%
Investment Income $2,486
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $281,926
13.5%
Professional Fundraising Fees $0
Other Salaries and Wages $1,065,346
51.1%
Assets/Debt
Total Assets $1,785,200
Total Liabilities $398,102
Net Assets $1,387,098

Document Links

Fiscal Year Ending Sept.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,107,344
Expenses
$2,021,617
Net Income
$85,727
Net Assets
$1,558,817
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,100,596
99.7%
Investment Income $6,748
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $1,174,118
58.1%
Assets/Debt
Total Assets $1,770,690
Total Liabilities $211,873
Net Assets $1,558,817

Document Links

Fiscal Year Ending Sept.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,627,885
Expenses
$1,672,822
Net Income
-$44,937
Net Assets
$1,424,355
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,601,188
98.4%
Investment Income $26,697
1.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $267,145
16.0%
Professional Fundraising Fees $0
Other Salaries and Wages $764,073
45.7%
Assets/Debt
Total Assets $1,698,056
Total Liabilities $273,701
Net Assets $1,424,355

Document Links

Fiscal Year Ending Sept.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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