Big Sky Community Housing Trust

Organization Overview

Big Sky Community Housing Trust, operating under the name Bscht, is located in Big Sky, MT. 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, Bscht employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bscht 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, Bscht generated $1.0m in total revenue. All expenses for the organization totaled $682.9k during the year ending 12/2021.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

EXPAND AFFORDABLE HOUSING OPTIONS FOR LOCAL WORKFORCE

Describe the Organization's Program Activity:

Part 3 - Line 4a

DOWN PAYMENT ASSISTANCE PROGRAM PROVIDES LOANS TO PURCHASERS OF MEADOWVIEW DEED RESTRICTED WORKFORCE CONDOS. THESE LOANS ARE REPAID TO BSCHT WHEN OWNERS RESELL THEIR UNIT. LOANS REMAIN ON THE BOOKS AS RECEIVABLES.


LONG TERM RENTAL PROGRAM -BSCHT SET UP A WEBSITE WHICH LISTS AVAILABLE UNITS AND MATCHES THEM TO SCREENED TENANTS. BSCHT CONVERTED 48 CONDOS TO LONG TERM RENTALS. BSCHT PROVIDES MINOR PROPERTY SERVICES TO MAKE THE LONG TERM RENTAL OPTION ATTRACTIVE TO HOUSING OWNERS, FOR WHICH REVENUE IS RECEIVED.


BSCHT HAS PROMOTED AND COORDINATED THE SALE OF ALL MEADOWVIEW CONDOMINIUM UNITS, HELPING BUYERS GET QUALIFIED AND MOVED IN. BSCHT MANAGES THE COMMUNITY LAND TRUST AND HOMEOWNERS ASSOCIATION, FOR WHICH IT RECEIVES REVENUE.


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Board, Officers & Key Employees

Name (title)Compensation
Laura Seyfang
Executive Director
$77,083
Timothy Kent
Board Chair
$0
Rick Simkins
Board Director
$0
Sarah Gaither
Board Director
$0
Kevin Hinkle
Board Treasurer
$0
Dave Brown
Board Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$923,974
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$923,974
Total Program Service Revenue$86,236
Investment income $0
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 $1,010,210

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Big Sky Community Housing Trust has recieved totaling $95,000.

Awarding OrganizationAmount
Moonlight Community Foundation

Big Sky, MT

PURPOSE: RENT LOCAL PROGAM AIMED AT CREATING MORE RENTAL OPPORTUNITIES FOR LOCAL WORKERS WHO RESIDE IN BIG SKY. RENT LOCAL INCENTIVE PROGRAM TO CREATE IMMEDIATE RENTAL INVENTORY BY PROVIDING CASH TO OWNERS WHO TURN THEIR VACANT HOME OR VACATION RENTAL INTO A HOME FOR LOCAL WORKERS.

$95,000
View Grant Recipient Profile

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