2025-01-30T10:37:59-06:00 2024-06-30 810348775 JUNKERMIERCLARKCAMPANELLASTEVENS PC 321 W BROADWAY 4TH FLOOR MISSOULA MT 59802 990 2023-07-01 300948336 MISSOULA FOOD BANK QALICB MISS 4065490543 1720 WYOMING STREET MISSOULA MT 59801 AMY ALLISON THOMPSON EXECUTIVE DIRECTOR 4065490543 2025-01-29 1 0 DREW RIEKER CPAABV P01372762 4065494148 2025-01-29 2023 2025-03-06 01:10:19Z AMY ALLISON THOMPSON 1720 WYOMING STREET MISSOULA MT 59801 6404914 0 X N/A X 2016 MT TO SUPPORT THE MISSOULA FOOD BANK & COMMUNITY CENTER BY HOLDING PROPERTY AND MANAGING THE CONSTRUCTION OF A NEW FACILITY. X 4 4 0 4 0 0 0 6240000 0 0 12 8 58000 164906 58012 6404914 0 0 0 0 0 0 0 0 0 320656 4981843 320656 4981843 -262644 1423071 4847765 23888 6246948 0 -1399183 23888 TO SUPPORT THE MISSOULA FOOD BANK & COMMUNITY CENTER BY HOLDING PROPERTY AND MANAGING THE CONSTRUCTION OF A NEW FACILITY. 0 0 4966529 164906 THE ORGANIZATION WAS CREATED TO SUPPORT THE GOALS AND MISSION OF THE MISSOULA FOOD BANK & COMMUNITY CENTER IN HOLDING PROPERTY AND MANAGING CONSTRUCTION OF A NEW FACILITY. 4966529 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 X LYN'S BOOKKEEPING PAYROLL 4067216268 2801 SOUTH RUSSELL ST MISSOULA MT 59801 HEATHER MCMILAN PRESIDENT 0.25 X X 0 0 0 ERAN FOWLER PEHAN VICE PRESIDENT 0.25 X X 0 0 0 KATHY BRASINGTON TREASURER 0.25 X X 0 0 0 RICK WISHCAMPER DIRECTOR 0.25 X 0 0 0 AMY ALLISON THOMPSON EXECUTIVE DIRECTOR 1.00 40.00 X 0 106968 7204 0 106968 7204 0 0 0 0 0 6240000 6240000 8 8 164906 0 164906 164906 164906 6404914 164906 0 8 2834 2834 38559 38559 153144 140664 12480 TRANSFER OF REAL PROPER 4661056 4661056 DONATED RENT 126250 126250 4981843 4966529 15314 0 8486 23888 25079 0 4814200 4847765 23888 9656 6237292 6246948 0 X -1424262 23888 25079 0 -1399183 23888 4847765 23888 1423071 0 X 0 1 X 1 0 X X 1 MISSOULA FOOD BANK & COMMUNITY CENTER 810414143 7 1 0 4787306 1 0 4787306 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 X 1 1 PART IV, SECTION E, LINE 2A: MISSOULA FOOD BANK QALICB WAS FORMED TO UTILIZE PROCEEDS FROM QUALIFIED LOW-INCOME COMMUNITY INVESTMENTS QUALIFYING FOR THE NEW MARKET TAX CREDITS IN CONNECTION WITH THE DEVELOPMENT AND CONSTRUCTION OF THE NEW FACILITY FOR THE MISSOULA FOOD BANK & COMMUNITY CENTER THAT SUPPORTS THE EXEMPT PURPOSE OF THE MISSOULA FOOD BANK & COMMUNITY CENTER. PART IV, SECTION E, LINE 2B: MISSOULA FOOD BANK QALICB PREVIOUSLY HELD THE NEW FACILITY BUILDING FOR THE MISSOULA FOOD BANK & COMMUNITY CENTER THAT THE MISSOULA FOOD BANK & COMMUNITY CENTER WOULD NORMALLY OPERATE TO SERVE THE COMMUNITY. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED REAL PROPERTY LOCATED AT 1720 WYOMING STREET, MISSOULA, MT 59801 2024-02-28 4661056 CARRYING VALUE OF REAL PROPERTY 810414143 MISSOULA FOOD BANK & COMMUNITY CENTER 1720 WYOMING STREET MISSOULA MT 59801 501(C)(3) 0 0 0 0 FORM 990, SCHEDULE N, PART II, LINE 1 DURING THE YEAR ENDED JUNE 30, 2017, MISSOULA FOOD BANK & COMMUNITY CENTER AND MISSOULA FOOD BANK QALICB ENTERED INTO TRANSACTIONS TO FINANCE AND DEVELOP THE CONSTRUCTION OF A NEW FACILITY AT 1720 WYOMING STREET IN MISSOULA, MONTANA (THE PROJECT). THE PROJECT WAS PARTIALLY FINANCED THROUGH THE USE OF THE NEW MARKETS TAX CREDIT PROGRAM UNDER IRC SECTION 45(D) AND INVOLVED OFFSETTING TRANSACTIONS WITH MFB SUB CDE, LLC AND MFB INVESTMENT FUND, LLC. THE MANAGING MEMBER OF THE MFB SUB CDE, LLC, WITH A 0.01% OWNERSHIP INTEREST, WAS MOFI. THE INVESTOR MEMBER OF THE MFB SUB CDE, LLC, WITH A 99.99% OWNERSHIP INTEREST, WAS MFB INVESTMENT FUND, LLC. THE QALICB RECEIVED ITS INITIAL LOAN FUNDING FROM MFB SUB CDE, LLC, WHOSE FUNDING WAS RECEIVED THROUGH TRANSACTIONS INVOLVING MISSOULA FOOD BANK & COMMUNITY CENTER AND MFB INVESTMENT FUND, LLC, WHOSE SOLE MEMBER WAS FIRST SECURITY BANK ("FSB"), A DIVISION OF GLACIER BANK. ALL OF THESE ENTITIES ARE CONSIDERED RELATED PARTIES FOR THE PURPOSES OF FACILITATING THE FINANCING AND DEVELOPMENT OF THE PROJECT.DURING THE YEAR ENDED JUNE 30, 2024, THE NEW MARKET TAX CREDIT STRUCTURE DESCRIBED ABOVE WAS PARTIALLY UNWOUND. AS PART OF THE UNWIND, FSB EXERCISED ITS PUT OPTION IN THE MFB INVESTMENT FUND, LLC, REQUIRING MISSOULA FOOD BANK & COMMUNITY CENTER TO PURCHASE FSB'S 100% INTEREST IN THE MFB INVESTMENT FUND, LLC FOR $1,000. SUBSEQUENTLY, THE MFB INVESTMENT FUND, LLC, MOFI, AND THE MFB SUB CDE, LLC ENTERED INTO A REDEMPTION AGREEMENT WHEREBY THE MFB INVESTMENT FUND, LLC REDEEMED ITS 99.99% INTEREST IN THE MFB SUB CDE IN EXCHANGE FOR THE DISTRIBUTION OF THE LOAN ASSETS HELD BY THE MFB SUB CDE, LLC. THIS REDEMPTION RESULTED IN LOANS PAYABLE OF $6,240,000 BY THE MISSOULA FOOD BANK QALICB TO MFB SUB CDE, LLC BEING TRANSFERRED TO THE MFB INVESTMENT FUND, LLC. THE MFB INVESTMENT FUND, LLC AND THE MISSOULA FOOD BANK QALICB THEN ENTERED INTO A LOAN SATISFACTION AGREEMENT FORGIVING THE CDE LOANS. THE MISSOULA FOOD BANK & COMMUNITY CENTER AND THE MFB INVESTMENT FUND, LLC THEN ENTERED INTO A LOAN SATISFACTION AGREEMENT FORGIVING THE MISSOULA FOOD BANK & COMMUNITY CENTER LOAN RECEIVABLE. WITH THE LOAN SATISFACTION AGREEMENT BETWEEN THE MFB INVESTMENT FUND, LLC AND THE MFB SUB CDE, LLC, ALONG WITH THE LOAN SATISFACTION AGREEMENT BETWEEN MISSOULA FOOD BANK & COMMUNITY CENTER AND THE MFB INVESTMENT FUND, LLC, THE MFB INVESTMENT FUND, LLC DISPOSED OF ALL ASSETS AND SATISFIED ALL LIABILITIES AS OF JUNE 30, 2024. FINALLY, A DEED OF RECONVEYANCE WAS EXECUTED AND THE FIXED ASSETS OF THE QALICB WERE TRANSFERRED TO THE MISSOULA FOOD BANK & COMMUNITY CENTER IN FEBRUARY OF 2024. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE 990 IS PROVIDED TO THE BOARD OF DIRECTORS FOR APPROVAL BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C MEMBERS OF THE BOARD OF DIRECTORS ARE REQUIRED TO FORMALLY REPORT AND DISCLOSE CONFLICTS OF INTEREST AT LEAST ANNUALLY THROUGH THE USE OF A STANDARDIZED FORM, WHICH IS RETAINED IN THE ORGANIZATION'S RECORDS. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. MISSOULA FOOD BANK & COMMUNITY CENTER 1720 WYOMING ST MISSOULA MT 59801 810414143 RESPONDING TO THE EMERGENCY FOOD NEEDS WORKING TO REDUCE HUNGER MT 501(C)(3) LINE 7 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 1 0 MISSOULA FOOD BANK & COMMUNITY CENTER J 38656 CASH MISSOULA FOOD BANK & COMMUNITY CENTER B 126250 IN KIND RENT PER CONTRACT MISSOULA FOOD BANK & COMMUNITY CENTER R 4661056 CARRYING VALUE OF REAL PROPERTY