Overview
What is Forsyth Development Foundation?
The Forsyth Development Foundation is a nonprofit organization situated in Forsyth, Montana. Their primary mission is to contribute to the recreational and developmental growth of their local community. To achieve this, they lease affordable rental units, such as Riverview Villa, which are exclusively available to residents aged 55 and above. Additionally, they offer Antelope Creek units, which cater to families who do not meet the 55-and-older requirement. Beyond housing, the foundation also has a convention area that is accessible to the local community for various uses.
Is Forsyth Development Foundation legitimate?
Forsyth Development Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Forsyth Development 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.
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What is the mission statement of Forsyth Development Foundation?
The Forsyth Development Foundation's mission is centered around aiding in the recreational and developmental growth of its community. Specifically, they provide affordable housing options and leased facilities to support this growth. The foundation manages Riverview Villa, offering affordable rentals to residents aged 55 and above. Additionally, they lease Antelope Creek, providing housing for families who do not meet the age requirement. Moreover, the organization has a convention area that is accessible to the local community for various uses. Overall, the Forsyth Development Foundation is dedicated to enhancing the community's development and recreational opportunities through its housing and facility provisions.
Who is the CEO of Forsyth Development Foundation?
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What is the revenue of Forsyth Development Foundation?
Forsyth Development Foundation's revenue in 2022 was $421,320.
Who are the executives of Forsyth Development Foundation and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Forsyth Development Foundation?
Forsyth Development Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Forsyth Development Foundation
The Forsyth Development Foundation is committed to fostering the recreational and developmental growth of its community. This mission is achieved through various initiatives. The organization leases affordable rental units, known as Riverview Villa, to residents who are 55 years old and above. These units provide a home for senior citizens within the community. Additionally, the foundation also offers affordable rental units named Antelope Creek, which are available to families who do not meet the 55-year-old requirement. Lastly, Forsyth Development Foundation also manages a convention area that is accessible to the local community for various events and gatherings. This multi-faceted approach allows the foundation to contribute significantly to the overall development and recreational needs of its community.
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Impact
October, 2024
Forsyth Development Foundation significantly enhances the quality of life in Forsyth, MT, by addressing the housing needs of its community. The organization provides affordable rental units at Riverview Villa for residents aged 55 and older, thereby supporting an essential demographic with accessible living options. Additionally, Antelope Creek offers affordable housing for families, promoting inclusivity and stability for households regardless of age.
Beyond housing, the Foundation fosters community unity by offering a convention area that can be utilized for local events and gatherings. This space encourages social interaction, engagement, and recreational activities, contributing to the overall developmental growth of Forsyth. Through its initiatives, Forsyth Development Foundation plays a pivotal role in ensuring that the community remains vibrant and supportive for all its residents.
This information is meant to be a general summary of Forsyth Development 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 2022.
- Investment Income: $124
- Program Service Revenue: $421,196
- Gross Receipts: $421,320
Assets and Liabilities:
- Total Assets: $789,048
- Total Liabilities: $64,150
- Net Assets: $724,898
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LAUNDRY CHARGES
Revenue
$776
MISC CHARGES
Revenue
$15,739
RENTS NET OF VACANCIES
Revenue
$403,451
REPAIRS CHARGED TO TENANT
Revenue
$1,230
RIVERVIEW RENTS
Organization Details
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