Mountain Springs Living Inc
- Assets
- $591.2k
- Revenue
- $680.7k
- Investments
- $0.0
- Employees
- 24
- Location
- Red Lodge, MT
- Founding
- 10/2013
- Data as of
- 12/2021
- EIN
- 45-5556195
Organization Overview
Mountain Springs Living Inc is located in Red Lodge, MT. The organization was established in 2013. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Mountain Springs Living Inc employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mountain Springs Living Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Mountain Springs Living Inc generated $680.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $640.4k during the year ending 12/2021. While expenses have increased by 3.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE A QUALITY HOME AND DAILY LIVING EXPERIENCE FOR DEVELOPMENTALLY DISABLED RESIDENTS THAT ENHANCES THEIR INDEPENDENCE AND REALIZES THEIR POTENTIAL IN A POSITIVE, UPLIFTING ENVIRONMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GROUP HOME FOR THE DEVELOPMENT OF DISABLED ADULTS THAT PROVIDED QUALITY SERVICES TO SIX INDIVIDUALS IN 2021. ALSO PROVIDED INDEPENDENT IN-HOME CARE FOR ONE INDIVIDUAL IN 2021.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laura Gannon Vice Preside | Trustee | 1 | $0 |
Brian Roat Director | Trustee | 1 | $0 |
Laura Getz Director | Trustee | 1 | $0 |
Scott Kreamer President | Trustee | 1 | $0 |
Louise Johnson Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $44,019 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $44,019 |
| Total Program Service Revenue | $638,019 |
| Investment income | $146 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$1,463 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $680,721 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $415,140 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $42,388 |
| Payroll taxes | $34,744 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,510 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $570 |
| Office expenses | $1,406 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,043 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $630 |
| Interest | $22,823 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $21,166 |
| Insurance | $12,222 |
| All other expenses | $6,601 |
| Total functional expenses | $640,427 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $160,608 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $24,806 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $270 |
| Net Land, buildings, and equipment | $402,598 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $2,930 |
| Other assets | $0 |
| Total assets | $591,212 |
| Accounts payable and accrued expenses | $2,478 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $46,643 |
| Secured mortgages and notes payable | $310,796 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $20,942 |
| Total liabilities | $380,859 |
| Net assets without donor restrictions | $210,353 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $591,212 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Northwest Real Estate Capital Corporation Boise, ID | $42,438,639 | $10,028,848 |
Residential Support Services Billings, MT | $5,433,049 | $8,172,054 |
Habitat For Humanity International Inc Jackson, WY | $8,153,958 | $5,142,791 |
Coeur Dalene Homes Phase Ii Inc Coeur dAlene, ID | $5,635,941 | $3,860,214 |
Montana Homeownership Network Inc Great Falls, MT | $31,389,696 | $4,000,327 |
Habitat For Humanity International Inc Rapid City, SD | $8,201,794 | $4,711,886 |
Wyoming Housing Network Inc Casper, WY | $15,520,089 | $2,919,478 |
Habitat For Humanity International Inc Belgrade, MT | $2,266,155 | $2,086,857 |
Jackson Hole Community Housing Jackson, WY | $38,036,756 | $12,690,732 |
Hrc Cottages Inc Missoula, MT | $5,641,381 | $1,935,106 |
Habitat For Humanity International Inc Hayden, ID | $2,324,082 | $1,463,201 |
Jamestown Stutsman Development Corporation Jamestown, ND | $14,818,717 | $2,044,737 |