Concern Incorporated
- Assets
- $2.4m
- Revenue
- $787.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Billings, MT
- Founding
- 03/1970
- Data as of
- 09/2022
- EIN
- 81-0304887
Organization Overview
Concern Incorporated is located in Billings, MT. The organization was established in 1970. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Concern Incorporated is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 09/2022, Concern Incorporated generated $787.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $772.9k during the year ending 09/2022. While expenses have increased by 1.4% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE LOW INCOME HOUSING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE LOW INCOME HOUSING.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda Boggio Director | OfficerTrustee | 0.5 | $0 |
Steve Bjordahl Director | OfficerTrustee | 0.5 | $0 |
Mary Dawson Director | OfficerTrustee | 0.5 | $0 |
Lawrence Halvorson Director | Trustee | 0.5 | $0 |
Dan Seifert Director | Trustee | 0.5 | $0 |
Sarah Moyer Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $482,175 |
| 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 | $482,175 |
| Total Program Service Revenue | $304,982 |
| Investment income | $661 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $787,818 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $39,798 |
| Fees for services: Legal | $2,321 |
| Fees for services: Accounting | $9,607 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $187,359 |
| Advertising and promotion | $439 |
| Office expenses | $11,470 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $249,522 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,236 |
| Interest | $61,947 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $146,613 |
| Insurance | $25,496 |
| All other expenses | $1,790 |
| Total functional expenses | $772,948 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,377 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,668 |
| 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 | $49,266 |
| Net Land, buildings, and equipment | $1,446,217 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $48,290 |
| Other assets | $871,069 |
| Total assets | $2,432,887 |
| Accounts payable and accrued expenses | $94,661 |
| Grants payable | $0 |
| Deferred revenue | $11,662 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $1,729,220 |
| Other liabilities | $20,356 |
| Total liabilities | $1,855,899 |
| Net assets without donor restrictions | $576,988 |
| 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 | $2,432,887 |
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Sleep In Heavenly Peace Inc Twin Falls, ID | $9,179,048 | $10,640,833 |
St Francis House Of Sioux Falls Sioux Falls, SD | $9,002,072 | $2,914,351 |
Home Ventilating Institute Cheyenne, WY | $1,216,370 | $1,851,121 |
Heritage Acres I Inc Sturgis, SD | $6,084,836 | $804,664 |
Ronald Mcdonald House Charities Of Bismarck Bismarck, ND | $3,021,391 | $885,872 |
Concern Incorporated Billings, MT | $2,432,887 | $787,818 |
High Plains Fair Housing Center Inc Grand Forks, ND | $134,836 | $663,608 |
Skyline Lodge Inc Choteau, MT | $907,977 | $537,363 |
Mother Seton Housing Inc Casper, WY | $2,480,037 | $683,116 |
National Affordable Housing Network Incorporated Butte, MT | $3,567,075 | $520,687 |
Unaccompanied Students Initiative Cheyenne, WY | $844,357 | $614,920 |