homeword
homeword
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About this organization
Mission
homeword uses sustainable methods to strengthen Montana communities by teaching homebuyer education and financial skill building and creating safe, healthy homes people can afford.
About
Housing development provides homes people can afford to families with lower incomes though development of single-family and multi-family projects and preservation of existing homes. Development is also responsible for the formation of tax credit partnerships and other legal entities created for the purpose of ownership and development. Costs include staff wages, unrecompensed expenses associated with new or rehabilitation predevelopment and construction management costs. Nearly all of development income is generated via federal and state grants and is passed through directly to the projects in the form of loans and equity. homeword retains a portion of any developer fee not deferred for operations.
Interesting data from their 2020 990 filing
The mission of the non-profit, as stated in the filing, is “Homeword uses sustainable methods to provide safe, healthy homes that people can afford and strengthens the community through housing counseling and education.”.
When referring to its tasks, they were described as: “Homeword uses sustainable methods to provide safe, healthy homes that people can afford and strengthens the community through housing counseling and education.”.
- The non-profit is operating legally in the state of MT.
- The non-profit's address for the year 2020 is listed as 1535 LIBERTY LANE NO 116A, MISSOULA, MT, 59808 in the filing.
- The form submitted by the non-profit organization for 2020 reports 13 employees.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $509,024.
- The organization has 12 independent voting members.
- The organization was formed in 1998.
- The organization pays $748,076 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
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