NonprofitsMontana Community Development Corporation

Community Improvement & Capacity Building

Montana Community Development Corporation

MISSOULA, MT

Total revenue

$35.1M

Total expenses

$19.1M

Net assets

$75.9M

Grants received

$10.9M

16 grants

EIN

810500256

Tax year

2024

Mission

See form 990, part iii, line 1.

Financials

FY 2024

Revenue

Contributions & grants$23.6M
Program service revenue$10.2M
Investment income$1.3M
Other revenue
Total revenue$35.1M

Expenses

Grants paid$83K
Salaries & benefits$10.2M
Fundraising
Other expenses$8.8M
Total expenses$19.1M
Total assets$148.0M
Net assets$75.9M

People

24 listed

NameRoleCompensation

HEIDI DEARMENT

PRESIDENT & CEO (FROM 2/24)

Board

$836K

40 hrs/wk

GREG ASTLE

CFO

Board

$598K

40 hrs/wk

BEN WRIGHT

VICE PRESIDENT (FROM 11/24)

Board

$492K

40 hrs/wk

DAVID GLASER

OUTGOING PRESIDENT (THROUGH 5/24)

Board

$455K

40 hrs/wk

JOSE VILLALOBOS

DIRECTOR (FROM 3/24)

Board

1 hrs/wk

DON KING

DIRECTOR

Board

1 hrs/wk

BOB GAUTHIER

OUTGOING DIRECTOR

Board

1 hrs/wk

JORDAN RUIZ

DIRECTOR (FROM 9/24)

Board

1 hrs/wk

SARA SMITH

OUTGOING DIRECTOR

Board

1 hrs/wk

KALLI RYTI

DIRECTOR

Board

1 hrs/wk

ALLISON JOHNSTON

TREASURER

Board

1 hrs/wk

TOM SEVERSON

SECRETARY

Board

1 hrs/wk

ROBERT VILLAREAL

DIRECTOR (FROM 3/24)

Board

1 hrs/wk

NANCY QUIST

CHAIRPERSON

Board

1 hrs/wk

NATALIE CAMACHO MENDOZA

OUTGOING DIRECTOR

Board

1 hrs/wk

LISA COOPER

OUTGOING DIRECTOR

Board

1 hrs/wk

SERENA RUNDBERG

DIRECTOR

Board

1 hrs/wk

BETSY BEAUVAIS

CHIEF LEARNING AND DEVELOP

Staff

$476K

40 hrs/wk

RACHEL MCDONOUGH

CONTROLLER

Staff

$248K

40 hrs/wk

KATHERINE LANE

CHIEF PEOPLE OFFICER

Staff

$220K

40 hrs/wk

ALYSSA PETERMAN

CHIEF SALES OFFICER

Staff

$217K

40 hrs/wk

LEAH KNICKERBOCKER

CHIEF LENDING OFFICER

Staff

$209K

40 hrs/wk

KANDRA ROBERTS

DIRECTOR OF IMPACT & COMPLIANCE

Staff

$180K

40 hrs/wk

MADISON BROOKE

CHIEF OPERATING OFFICER

Staff

$170K

40 hrs/wk

Grants received

Showing 16 of 16

FromAmountPurposeYear
$10M
MEDICAL / PUBLIC SERVICES
2024
$25K
General Operating Support
2024
$15K
MoFi?s free business training program
2024
$10K
UNRESTRICTED GENERAL SUPPORT
2024
$250K
FINANCE JUSTICE FUND SUBGRANT
2023
$20K
CBA supplemental grant
2023
$10K
UNRESTRICTED GENERAL SUPPORT
2023
$2K
SUPPORT SMALL BUSINESS
2023
$100K
OFN CDFI TECH GRANT PROGRAM SUPPORTED BY GOOGLE.ORG
2022
$20K
PROGRAM/OPERATING SUPPORT
2022
$2K
SUPPORT SMALL BUSINESS
2022
$150K
UPLIFT AMERICA FUND (UNRESTRICTED NET ASSETS FOR CFRP PROJECS)
2020
$10K
PROJECTS IN BOZEMAN, MT
2017

Funded by

$10.9M from 9 funders · 16 grants · 2017–2024

Gs Donor Advised Philanthropy Fund

$10M · 1 grant · 2024

Opportunity Finance Network

$350K · 2 grants · 2022–2023

The Bank of America Charitable Foundation Inc

$285K · 3 grants · 2020–2022

Northwest Area Foundation

$150K · 1 grant · 2020

First Interstate BancSystem Foundation

$55K · 2 grants · 2023–2024

Umpqua Bank Charitable Foundation

$35K · 2 grants · 2023–2024

Morgan Stanley Global Impact Funding Trust Inc

$20K · 2 grants · 2023–2024

One Valley Community Foundation

$10K · 1 grant · 2017

Details

EIN810500256
NTEE codeS20
Subsection03
Ruling date1995-06
Formed1995
Employees49
Volunteers9
MONTANA COMMUNITY DEVELOPMENT CORPORATION — Mission, Financials & Grants Received | Grantivo