Overview
What is Montana School Services Foundation?
Montana School Services Foundation (MSSF) is a nonprofit organization based in Helena, Montana. Its main mission is to support public schools across the state by administering the Montana Unified School Trust (MUST), a self-insurance trust. This trust provides affordable healthcare benefits for school district employees and their dependents, alleviating the financial burden on local school boards and taxpayers. Established under Section 501(C)(3) of the Internal Revenue Code, MSSF offers various educational and charitable programs at a lower cost than the private sector, thereby benefiting Montana communities and taxpayers at large. With a team of 18 dedicated individuals, MSSF operates to promote and fulfill its mission, contributing positively to the educational landscape in Montana.
Is Montana School Services Foundation legitimate?
Montana School Services Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Montana School Services Foundation 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: $535,458
Professional Fundraising Fees: $0
Other Salaries and Wages: $729,431
For more financial information, click here
What is the mission statement of Montana School Services Foundation?
The Montana School Services Foundation (MSSF) was established with the purpose of offering programs and services to benefit public schools across Montana. Its mission, as outlined by Section 501(C)(3) of the Internal Revenue Code, is to promote and fulfill educational and charitable objectives. The foundation provides these services at a lower cost than the private sector, thereby alleviating the financial burden on local school boards. This, in turn, benefits Montana communities and the state's taxpayers at large. The objective is to enhance the quality of education and reduce expenses for Montana's schools.
Who is the CEO of Montana School Services Foundation?
Andy Holmlund is the CEO of Montana School Services Foundation The CEO's salary of Montana School Services Foundation is $177,636 and their total compensation is $218,129.
What is the revenue of Montana School Services Foundation?
Montana School Services Foundation's revenue in 2023 was $2,079,741.
Who are the executives of Montana School Services Foundation and what are their salaries?
The average compensation at Montana School Services Foundation during 2023 was $70,272. There are 18 employees at Montana School Services Foundation.
Here are 7 key members and their salaries (Montana School Services Foundation's CEO's salary is $177,636 and their total compensation is $218,129):
- Compensation: $0
- Related: $120,804
- Other: $67,595
- Compensation: $0
- Related: $75,000
- Other: $7,500
- Compensation: $0
- Related: $312,794
- Other: $92,779
- Compensation: $177,636
- Related: $0
- Other: $40,493
- Compensation: $129,027
- Related: $0
- Other: $48,333
- Compensation: $102,361
- Related: $0
- Other: $45,636
- Compensation: $0
- Related: $119,179
- Other: $7,957
Where can I find the form 990 for Montana School Services Foundation?
Montana School Services Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Montana School Services Foundation
Montana School Services Foundation, established under Section 501(C)(3) of the Internal Revenue Code, was organized with a mission to support and benefit public schools throughout the state of Montana. The foundation aims to provide programs and services at a lower cost than what is available in the private sector, thereby reducing the burden on local school boards. This initiative benefits Montana communities and taxpayers at large. By offering these educational and charitable services, Montana School Services Foundation promotes and fulfills its mission, contributing significantly to the overall development of Montana's educational landscape.
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Impact
October, 2024
The Montana School Services Foundation (MSSF) significantly impacts public education across the state by delivering essential programs and services designed to support schools and their communities. By administering the Montana Unified School Trust (MUST), MSSF provides affordable health care benefits for school district employees and their dependents, ensuring that educational staff receive necessary support without imposing additional financial burdens on local school boards.
These services are offered at a lower cost compared to the private sector, thereby enhancing the efficiency of school funding and enabling better allocation of resources within the education system. This financial relief not only benefits local school districts but also positively influences communities and taxpayers throughout Montana. By alleviating the economic pressures faced by schools, MSSF plays a crucial role in improving educational outcomes and promoting a healthier, more sustainable educational environment for students and staff alike.
This information is meant to be a general summary of Montana School Services Foundation. 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 2023.
- Investment Income: $5,219
- Program Service Revenue: $2,074,326
- Gross Receipts: $2,378,278
Assets and Liabilities:
- Total Assets: $1,015,217
- Total Liabilities: $240,039
- Net Assets: $775,178
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMIN FEES
Revenue
$2,073,489
OTHER
Revenue
$837
Organization Details
Founding Year
1987
Principal Officer
Dena Gormely
NTEE Category
Code: S80 - Community improvement
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