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Forsyth Development Foundation

Forsyth Development Foundation

Forsyth, MT 59327
Tax ID81-0502764

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About this organization

Revenue

$364,197

Expenses

$341,120

Mission

Assistance in the recreational and developmental growth of the community of Forsyth, MT.

About

Forsyth Development Foundation leases affordable rental units known as Riverview Villa from the city of Forsyth, MT. These 50 units are rented to residents who are 55 and older. In addition, the foundation leases affordable rental units known as Antelope Creek. These units are available to families who do not have the 55 or older designation. Additionally, the organization has a convention area that is available to the local area for use.

Interesting data from their 2020 990 filing

From their filing, the objective of the non-profit is stated as “Assistance in the recreational and developmental growth of the community of forsyth, mt.”.

When talking about its functions, they were outlined as: “Assistance in the recreational and developmental growth of the community of forsyth, mt.”.

  • The legally reported state of operation for the non-profit is MT.
  • According to the filing, the non-profit's address in 2020 is PO BOX 398, FORSYTH, MT, 593271342.
  • The non-profit organization as of 2020 has a total of 0 employees reported on their form.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are between $250,000 and $500,000.
  • Revenue is between $250,000 and $500,000.
  • Revenue less expenses is $23,077.
  • The CEO's compensation within the organization is not based on a review and approval by an independent party.
  • The organization has 7 independent voting members.
  • The organization is required to file Schedule O.
  • The organization pays $0 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization's financial statements were reviewed by an accountant.

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