The Downtown Exchange Club
The Downtown Exchange Club is a public charity focused on Children and youth, based in Billings, MT. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $397K in total assets.
The Downtown Exchange Club at a glance
- Total assets
- $397,418
- +5.5% vs 2024
- Revenue (2025)
- $63,837
- -26.5% vs 2024
- Expenses (2025)
- $57,949
- +0.6% vs 2024
- Latest 990 filing
- Form 990-EZ, 2025 View filing
Data from IRS Form 990-EZ, 2025; updated October 2026.
Who The Downtown Exchange Club funds
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2022, annual grant giving ranged from $12K (2020) to $29K (2019). In 2022 it reported $16K in grants paid, as a total without an itemized list.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
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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 | $397,418 | $63,837 | $57,949 | — | — | — |
| 2024 | $376,752 | $86,884 | $57,598 | — | — | — |
| 2023 | $333,929 | $70,215 | $39,757 | — | — | — |
| 2022 | $308,290 | $90,531 | $51,281 | $15,548 | Total only | $25,724 |
| 2021 | $320,237 | $33,226 | $44,407 | $15,986 | Total only | $8,033 |
| 2020 | $298,865 | $103,337 | $90,343 | $12,250 | 2 | $8,399 |
| 2019 | $292,780 | $133,909 | $94,066 | $29,421 | Total only | $10,246 |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
Leadership & Key People
Officers and directors from IRS filings
The Downtown Exchange Club is led by Dusty Young, President since 2025 (on filings since 2021); none of the 12 officers listed in 2025 report compensation.
Officers on the 2025 filing
Dusty Young
President
Board Member → Vice President, 2024
Vice President → President, 2025
On filings since 2021
1 hr/week
No compensation reported
Jessica Gaard
Board Member
President → Past President, 2023
Past President → Board Member, 2024
On filings since 2019
1 hr/week
No compensation reported
Ron Cole
Board Member
Past President → Board Member, 2025
On filings since 2019
1 hr/week
No compensation reported
Jens Selvig
Board Member
On filings since 2020
1 hr/week
No compensation reported
Krista Montague
Secretary
Vice President & Secretary → Secretary, 2023
On filings since 2021
1 hr/week
No compensation reported
Brandon Berger
Board Member
On filings since 2024
1 hr/week
No compensation reported
Jeff Winkler
Board Member
On filings since 2024
1 hr/week
No compensation reported
Nicole Strever
Board Member
President → Board Member, 2025
On filings since 2024
1 hr/week
No compensation reported
Janelle Crowley
Treasurer
New on the 2025 filing
1 hr/week
No compensation reported
Racquel Kaelberer
Vice President
New on the 2025 filing
1 hr/week
No compensation reported
Ryan Wilson
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Tyler Nose
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Former officers (22)
- Former: Bob Tambo (2019–2024) — Board Member
- Former: Brianne Radovich (2019–2024) — Treasurer -
- Former: Jan Pursel (2019–2024) — Treasurer
- Former: Jerry Theis (2020–2024) — Board Member
- Former: Brie Radovich (2024) — Board Member
- Former: Duncan Peete (2024) — Board Member
- Former: Trent Gardner (2019–2023) — Board Member
- Former: Ed Lawler (2020–2023) — Board Member
- Former: Jim Morrison (2020–2022) — Board Member
- Former: Erin Ferrell (2019–2020) — Treasurer
- Former: Heather Ohs (2019–2020) — Board Member
- Former: Jerry Michels (2019–2020) — Business Manager
- Former: Phil Nelson (2019–2020) — Past President
- Former: Lea Ann Yucha (2020) — Board Member
- Former: Megan Stovall (2020) — Board Member
- Former: Tammy Zemliska (2020) — Board Member
- Former: Chas Llewellyn (2019) — Board Member
- Former: Darcy Bouchard (2019) — Board Member
- Former: Leonard Malin (2019) — Board Member
- Former: Lynn Caraveau (2019) — Board Member
- Former: Susan Schloss (2019) — Treasurer
- Former: Terry Niver (2019) — Board Member
Data from IRS Form 990 filings, 2019–2025. "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 The Downtown Exchange Club
How large is The Downtown Exchange Club?
The Downtown Exchange Club reported $397K in total assets on its 2025 IRS Form 990-EZ. Its revenue that year was $64K.
What is The Downtown Exchange Club?
The Downtown Exchange Club is a public charity focused on Children and youth, based in Billings, MT. It holds $397K in total assets as of 2025.
Where does The Downtown Exchange Club operate?
The Downtown Exchange Club has awarded grants in Montana.
What is The Downtown Exchange Club's EIN?
The Downtown Exchange Club's EIN (Employer Identification Number) is 81-0250505. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated October 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS May 14, 2021)
- Added Form 990 for fiscal year 2019 (received by the IRS July 8, 2020)
- Updated Form 990 for fiscal year 2021 (received by the IRS May 12, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS May 15, 2023)
- Added Form 990-EZ for fiscal year 2025 (received by the IRS May 15, 2026)
- IRS filings on file for fiscal years 2020–2024
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