Overview
What is The West Mont Foundation?
The West Mont Foundation is a charitable organization established in 2002, primarily functioning as a financial support system for West Mont, a residential and vocational services provider. This foundation holds the assets for the properties occupied by West Mont's clients. It serves as the primary funding entity, governed by a nine-member board of directors. The annual meeting takes place in January, and while the foundation and West Mont boards operate independently, there is regular information sharing between the two entities. The foundation partially covers the salaries of several West Mont administrative staff members for their involvement in foundation-related activities. In essence, The West Mont Foundation is committed to bolstering the operational capabilities of West Mont.
Official website here: www.westmont.org
Is The West Mont Foundation legitimate?
The West Mont Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The West Mont 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.westmont.org
What is the mission statement of The West Mont Foundation?
The West Mont Foundation, established in 2002, serves as a single-purpose entity to support its operating company, West Mont. Its primary role involves managing the assets for the residential and vocational properties occupied by West Mont's clients. Acting as a major fundraising entity, the foundation is governed by a nine-member board of directors. The foundation contributes to the salaries of several West Mont administrative staff members for their time spent on foundation activities. Both the foundation and West Mont boards participate in the annual evaluation of the company president, maintaining separate operations for elections, meetings, minutes, and financials, while sharing information between the two entities. In summary, the West Mont Foundation supports its operating company, managing assets and contributing financially, with a focus on enhancing the services provided to its clients.
Official website here: www.westmont.org
Who is the CEO of The West Mont Foundation?
Greg Pace is the Chair of The West Mont Foundation. The CEO's salary of The West Mont Foundation is $0 and their total compensation is $128,589.
Official website here: www.westmont.org
What is the revenue of The West Mont Foundation?
The West Mont Foundation's revenue in 2023 was $958,595.
Official website here: www.westmont.org
Who are the executives of The West Mont Foundation and what are their salaries?
There 9 volunteers at The West Mont Foundation.
Here are 10 key members and their salaries (The West Mont Foundation's CEO's salary is $0 and their total compensation is $128,589):
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $112,739
- Other: $15,850
Official website here: www.westmont.org
Where can I find the form 990 for The West Mont Foundation?
The West Mont Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.westmont.org
Learn more at the official website: www.westmont.org
Mission Statement of The West Mont Foundation
The West Mont Foundation, established in 2002, serves as a single-purpose organization with a mission to support its operating company, West Mont. This foundation plays a crucial role in managing the assets associated with the residential and vocational properties occupied by the clients served by West Mont. The West Mont Foundation is a significant funding entity, overseeing various activities and initiatives. It is governed by a nine-person board of directors, with some members also serving on the West Mont board, ensuring a seamless exchange of information between the two entities. The foundation reimburses a portion of the salaries for several administrative staff members at West Mont for their time dedicated to foundation activities. Both boards, that of the foundation and West Mont, participate in the annual evaluation of the company president. In essence, The West Mont Foundation's mission is to provide financial and operational support to its sister company, West Mont, enabling it to effectively serve its clients.
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Impact
October, 2024
The West Mont Foundation significantly enhances the quality of life for individuals supported by West Mont by managing critical resources and funding for residential and vocational properties. Established in 2002, the foundation serves as the primary fundraising entity, ensuring the availability of necessary financial support for these essential services.
By holding all the assets related to the properties occupied by clients, the foundation plays a crucial role in maintaining and improving the facilities where individuals live and work. This focus on asset management enables West Mont to provide a stable and supportive environment that fosters personal growth and development among the clients.
Furthermore, the foundation’s governance structure, featuring a dedicated nine-person board of directors, ensures that decision-making processes are aligned with the overarching goals of West Mont. The collaboration between the boards of the foundation and West Mont strengthens communication and coordination, resulting in effective support tailored to client needs.
Additionally, by reimbursing a portion of administrative salaries for work related to foundation activities, The West Mont Foundation optimizes resource allocation and promotes ongoing improvements in operational efficiency. Overall, its impact is felt in the lives of those it serves, providing vital support that enables them to thrive in their communities.
This information is meant to be a general summary of The West Mont 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: $160,312
- Program Service Revenue: $506,908
- Gross Receipts: $1,059,168
Assets and Liabilities:
- Total Assets: $12,250,611
- Total Liabilities: $880,295
- Net Assets: $11,370,316
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$503,948
CLIENT REVENUE
Revenue
$2,960
Organization Details
Founding Year
2002
Phone
(406) 447-3100Principal Officer
Greg Pace
Main Address
2708 BOZEMAN AVENUE, HELENA, MT, 59601
Website
www.westmont.orgNTEE Category
Code: P11 - Human services
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