Montana Community Development Corp

Community development organization based in Missoula, MT. 49 employees. Exempt under §501(c)(3).

MissionMOFI'S MISSION IS TO PROVIDE FINANCING AND ADVISORY SERVICES FOR ECONOMICALLY UNDERSERVED AND DISTRESSED POPULATIONS AND AREAS, TRANSFORMING LIVES AND COMMUNITIES.

EIN
81-0500256
State
MT
Sector
Community development
Budget band
$25M–$50M
Latest filing
TY 2024
Records
10 officers · 6 years

Financial snapshot · TY 2024

$35.1M
Total revenue
$19.1M
Total expenses
$148.0M
Net assets

Financial health · TY 2024

95
Strong financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
100
46.2 months of expenses
Program efficiency
96
88.3% spent on programs
Revenue diversity
83
Mix of program fees, grants & contributions

Leadership compensation

Heidi Dearment
PRESIDENT & CEO (FROM 2/24)
$878,343
98th percentile vs. peers
$623,888
100th percentile vs. peers
Ben Wright
VICE PRESIDENT (FROM 11/24)
$526,602
100th percentile vs. peers
Betsy Beauvais
CHIEF LEARNING AND DEVELOP
$514,221
100th percentile vs. peers
$283,184
100th percentile vs. peers

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Montana Community Development Corp Executive Compensation | 990 Data | DoubleNine