Overview
What is Intermountain Development Company I?
Intermountain Development Company I is a nonprofit organization based in Missoula, Montana, with a single employee. Their primary focus is to provide affordable housing solutions for low and middle-income households in Missoula and its surrounding areas. They achieve this goal through innovative development and strategic partnerships, transforming a 12-acre industrial site into a project offering over 70 housing units. By doing so, Intermountain Development Company I contributes to improving the local community's living conditions, ultimately fostering a more inclusive and supportive environment.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star Rating
Intermountain Development Company I has earned a 79% score from Charity Navigator, which translates to a Three-Star rating. This rating reflects a strong emphasis on Accountability & Finance, indicating that the organization is effectively managing its resources and adhering to best practices in financial transparency.
The nonprofit boasts several organizational strengths, including a fully independent board with 100% of its members meeting independence criteria. Additionally, the organization demonstrates a high level of compliance with governance practices, such as having a conflict of interest policy and a whistleblower policy in place. All these factors contribute positively to its overall score.
On the financial side, Intermountain Development Company I has achieved a perfect program expense ratio of 100%, signifying that all funds are directed towards its mission rather than administrative costs. However, while the score reflects strong governance and financial management, there are no specific notes on program impact or outcomes, which could provide a fuller picture of the organization's effectiveness in achieving its goals.
This AI summary has been generated from information found on Charity Navigator.
Is Intermountain Development Company I legitimate?
Intermountain Development Company I is a legitimate nonprofit organization registered as a 501(c)(3) entity. Intermountain Development Company I submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Intermountain Development Company I?
Intermountain Development Company I, in collaboration with its related party, the Missoula Housing Authority, aims to provide high-quality housing solutions for low- and middle-income households through creative partnerships and innovative development. Their mission is focused on addressing the housing needs of this income bracket in their local area. To accomplish this, they develop projects, such as the 12-acre industrial site in Missoula, MT, to provide affordable housing with over 70 units. Their objective is to enhance the living conditions for this demographic, thereby contributing positively to the community.
Who is the CEO of Intermountain Development Company I?
W Samuel Oliver is the Former Secre of Intermountain Development Company I.
What is the revenue of Intermountain Development Company I?
Intermountain Development Company I's revenue in 2022 was $32,248.
Who are the executives of Intermountain Development Company I and what are their salaries?
There is 1 employee at Intermountain Development Company I.
Here are 9 key members and their salaries:
- Compensation: $0
- Related: $159,246
- Other: $18,782
- Compensation: $0
- Related: $98,749
- Other: $14,547
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Intermountain Development Company I?
Intermountain Development Company I's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Intermountain Development Company I
Intermountain Development Company I, a nonprofit organization, is committed to providing high-quality housing solutions for low and middle-income households through innovative development and creative partnerships. Working in tandem with its related party, the Missoula Housing Authority, Intermountain Development Company I aims to make a significant impact in the housing sector. By developing a 12-acre industrial site, the company plans to construct over 70 units of affordable housing, thereby contributing to the betterment of the community. Their mission is to create a positive impact on the lives of those in need, providing them with safe and comfortable living spaces that they can call home.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
Intermountain Development Company I's impact can be seen in their provision of quality housing solutions for low and middle-income households in Missoula, MT, and the surrounding area. Through creative partnerships and innovative development, the company, along with its related party Missoula Housing Authority, has developed over 70 units of low-income housing on a 12-acre industrial site in Missoula. This initiative has addressed the pressing need for affordable housing in the community, making a significant impact on the lives of individuals and families in need.
This information is meant to be a general summary of Intermountain Development Company I. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $32,248
Assets and Liabilities:
- Total Assets: $395,911
- Total Liabilities: $531,565
- Net Assets: -$135,654
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2003
Phone
(406) 549-4113Principal Officer
W Samuel Oliver
Main Address
1235 34TH STREET, MISSOULA, MT, 59801
NTEE Category
Code: L20 - Housing
If you are a representative of Intermountain Development Company I and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.