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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Montrose Economic Development Corporation

Montrose Economic Development Corporation

Fiscal year ending 2024. Filed on November 14, 2025.

401 E Main Street
Montrose, Colorado 81401

Montrose Economic Development Corporation (EIN: 74-2041618) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Montrose Economic Development Corporation, a 501(c)(6) business league, reported compensation for 2 out of 2 total employees. Among the employees shown here, the average compensation is $65,152. The highest compensated employee at Montrose Economic Development Corporation is Sandy Head with fiscal year 2024 compensation of $80,000.

Revenue, expenses, and employee compensation

Revenue

$135,874

Expenses

$244,424

Employee compensation

$140,837
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Sandy Head
Executive Director
$80,000
$80,000 No related compNo other comp
Patricia Cummings
Executive Assistant
$50,304
$50,304 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Anthony Russo
Director
Buck Miller
Former Chair
Carrie Stephenson
Director
Christine Kinion
Director
Corri Schmidt
Chair
Dave Frank
Director
David Schieldt
Secretary
Ed Hawthorne
Director
Frank Rodriguez
Director
Jack Johnston
Director
Jamie Saff
Vice Chair
Jeff Mengenhausen
Director

Mission Statement

THE MISSION OF MEDC IS TO STRENGTHEN MONTROSE COUNTY'S ECONOMIC BASE AND INCREASE THE STANDARD OF LIVING FOR ALL OF ITS RESIDENTS THROUGH THE RETENTION, EXPANSION, ATTRACTION, AND DEVELOPMENT OF PRIMARY JOBS AND CAPITAL INVESTMENTS. THIS MISSION INCLUDES THE PROMOTION OF WORKFORCE ENHANCEMENT, AGRICULTURE ADVANCEMENT, AND OTHER BUSINESS DEVELOPMENT THAT PROVIDES ECONOMIC DIVERSIFICATION AND STABILIZATION.

Revisions to this organization profile

November 14, 2025:
2024 Montrose Economic Development Corporation 990 filed
October 28, 2024:
2023 Montrose Economic Development Corporation 990 filed
November 15, 2023:
2022 Montrose Economic Development Corporation 990 filed

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