Big Sky Economic Development Corporation
To promote, stimulate, and advance the general welfare and economic development for Billings, Yellowstone county, and the state of Montana.
Big Sky Economic Development Corporation at a glance
- Total assets
- $6,047,605
- +16.2% vs 2024
- Revenue (2025)
- $2,357,871
- -26.0% vs 2024
- Net investment income (2025)
- $181,904
- +47.8% vs 2024
- Expenses (2025)
- $1,587,112
- +1.4% vs 2024
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
How to apply to Big Sky Economic Development Corporation
Open Grants
3 open opportunities from Big Sky Economic Development Corporation
Big Sky Trust Fund Grant - Job Creation
Big Sky Economic Development Corporation
Amount
Varies
Deadline
Deadline not published
Big Sky Trust Fund Grant - Planning/Feasibility
Big Sky Economic Development Corporation
Amount
Varies
Deadline
Deadline not published
Space2Place Strategic Placemaking Micro-Grants
Big Sky Economic Development Corporation
Amount
Varies
Deadline
Deadline not published
Who Big Sky Economic Development Corporation funds
How this funder distributes its grants
Grant Size Distribution
2 grants across all recorded years
The most common grant size was in the $50–100K range: 1 grant of 2 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2023, annual grant giving ranged from $93K (2023) to $532K (2022). In 2023 it made 1 grant totaling $93K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Big Sky Economic Development Authority Billings, MT | To Assist with BSTSP Project Costs | $92,800 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $6,047,605 | $2,357,871 | $1,587,112 | — | — | $181,904 |
| 2024 | $5,205,774 | $3,187,457 | $1,565,004 | — | — | $123,093 |
| 2023 | $3,741,252 | $2,056,608 | $1,489,314 | $92,800 | 1 | $64,465 |
| 2022 | $3,059,757 | $1,982,472 | $1,912,681 | $531,554 | 1 | $44,431 |
| 2021 | $2,995,262 | $1,497,657 | $1,367,194 | — | — | $41,462 |
| 2020 | $2,847,135 | $2,204,108 | $2,684,425 | — | — | $38,300 |
About Big Sky Economic Development Corporation
Based on IRS filings
Big Sky Economic Development Corporation is a public charity focused on Community Improvement & Capacity Building, based in Billings, MT. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $6.0M in total assets. Net investment income was $182K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Big Sky Economic Development Corporation is led by Steve Arveschoug, Executive Director on every filing since 2020; none of the 23 officers listed in 2025 report compensation.
Officers on the 2025 filing
Steve Arveschoug
Executive Director
On filings since 2020
40 hrs/week
No compensation reported
Nick Pancheau
Chair
Secretary & Treasurer → Vice Chair, 2024
Vice Chair → Chair, 2025
On filings since 2021
1 hr/week
No compensation reported
Bob Wilmouth
Director
On filings since 2020
1 hr/week
No compensation reported
Dave Ballard
Director
On filings since 2020
1 hr/week
No compensation reported
Kim Jakub
Director
Chair → Immediate Past Chair, 2024
Immediate Past Chair → Director, 2025
On filings since 2020
1 hr/week
No compensation reported
Michael Phillips
Director
On filings since 2020
1 hr/week
No compensation reported
Spencer Frederick
Director
On filings since 2020
1 hr/week
No compensation reported
Mike Marsh
Director
On filings since 2021
1 hr/week
No compensation reported
Dj Clark
Director
On filings since 2022
1 hr/week
No compensation reported
Keagan Harsha
Director
On filings since 2023
1 hr/week
No compensation reported
Molly Schwend
Director
On filings since 2023
1 hr/week
No compensation reported
Nicole Mehling
Director
On filings since 2023
1 hr/week
No compensation reported
Tyler Wiltgen
Director
On filings since 2023
1 hr/week
No compensation reported
George Warmer
Director
On filings since 2024
1 hr/week
No compensation reported
Judi Powers
Director
Member at Large → Director, 2025
On filings since 2024
1 hr/week
No compensation reported
Matt Robertson
Director
On filings since 2024
1 hr/week
No compensation reported
Cole Derks
Director
New on the 2025 filing
1 hr/week
No compensation reported
Jerry Simonson
Director
New on the 2025 filing
1 hr/week
No compensation reported
Mark Morse
Director
New on the 2025 filing
1 hr/week
No compensation reported
Andy Gott
Immediate Past Chair
Vice Chair → Chair, 2024
Chair → Immediate Past Chair, 2025
On filings since 2020
1 hr/week
No compensation reported
Jennifer Kobza
Vice Chair
Member at Large → Secretary & Treasurer, 2024
Secretary & Treasurer → Vice Chair, 2025
On filings since 2021
1 hr/week
No compensation reported
Jennifer Weaver Kondracki
Secretary & Treasurer
Director → Secretary & Treasurer, 2025
On filings since 2022
1 hr/week
No compensation reported
Stefani Hicswa
Member at Large
Director → Member at Large, 2025
On filings since 2022
1 hr/week
No compensation reported
Former officers (20)
- Former: Mac Fogelsong (2020–2024) — Director
- Former: Mike Seppala (2020–2024) — Director
- Former: John Ostlund (2023–2024) — Director
- Former: Ann Kosempa (2020–2023) — Immediate Past Chair
- Former: Craig Bartholomew (2020–2023) — Director
- Former: Mike Nelson (2020–2023) — Director
- Former: Denis Pitman (2020–2022) — Director
- Former: Nicole Benge (2020–2022) — Director
- Former: Brad Hamilton (2021–2022) — Director
- Former: Justin Martin (2022) — Director
- Former: Mary Albers (2022) — Director
- Former: Aaron Ramage (2020–2021) — Director
- Former: Eric Simonsen (2020–2021) — Director
- Former: Jon Stepanek (2020–2021) — Director
- Former: Mitch Goplen (2020–2021) — Director
- Former: Scott Chesarek (2020–2021) — Director
- Former: Dan Edelman (2020) — Director
- Former: David Ellis (2020) — Director
- Former: Doug Hansen (2020) — Director
- Former: Steve Loveless (2020) — Vice Chair
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Big Sky Economic Development Corporation
How large is Big Sky Economic Development Corporation?
Big Sky Economic Development Corporation reported $6.0M in total assets on its 2025 IRS Form 990. Its revenue that year was $2.4M.
What is Big Sky Economic Development Corporation?
Big Sky Economic Development Corporation is a public charity focused on Community Improvement & Capacity Building, based in Billings, MT. It holds $6.0M in total assets as of 2025.
Where does Big Sky Economic Development Corporation operate?
Big Sky Economic Development Corporation has awarded grants in Montana.
What is Big Sky Economic Development Corporation's EIN?
Big Sky Economic Development Corporation's EIN (Employer Identification Number) is 22-3880639. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2022 (received by the IRS April 3, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS May 14, 2024)
- IRS filings on file for fiscal years 2020–2025
Live grants for the work Big Sky Economic Development Corporation funds
Community Improvement & Capacity Building Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Big Sky Economic Development Corporation's focus areas in our free grants database
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Big Sky Economic Development Corporation down — hundreds of funders to go?