HOMEWORD INC
1535 LIBERTY LANE NO 116A, MISSOULA, MT 59808 www.homeword.org

Total Revenue
$7,322,765
Total Expenses
$5,519,892
Net Assets
$22,516,666

Organizations Filed Purposes: HOMEWORD USES SUSTAINABLE METHODS TO PROVIDE SAFE, HEALTHY HOMES THAT PEOPLE CAN AFFORD AND STRENGTHENS THE COMMUNITY THROUGH HOUSING COUNSELING AND EDUCATION.

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, UNRECOUPED 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.

PROPERTY MANAGEMENT DAILY ACTIVITIES ARE CONTRACTED WITH QUALIFIED THIRD-PARTY PROPERTY MANAGEMENT COMPANIES. HOMEWORD OVERSEES THE ASSET MANAGEMENT OF THE DEVELOPED PROPERTIES INCLUDING REGULATORY COMPLIANCE AND FINANCIAL MANAGEMENT ONCE HOUSING DEVELOPMENT HAS COMPLETED CONSTRUCTION AND DEVELOPMENT OF THE PROPERTIES.

THE ORGANIZATION'S HOMEOWNERSHIP CENTER PROVIDES A VARIETY OF COUNSELING AND EDUCATION SERVICES TO PEOPLE LIVING WITH LOW TO MODERATE INCOMES AT NO COST, INCLUDING HOMEBUYER, FINANCIAL AND RENTER EDUCATION AND COUNSELING. SINCE 1997, THE ORGANIZATION HAS EMPOWERED OVER 15,000 PEOPLE. COSTS ASSOCIATED WITH THE HOMEOWNERSHIP CENTER INCLUDE STAFF WAGES, OFFICE SPACE RENT, TRAINING SUPPLIES, CHILD CARE AND OTHER COSTS INCURRED IN PROVIDING THE TRAINING AND COUNSELING SERVICES.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Andrea DavisEXECUTIVE DIRECTOR40$73,838
Matt JosephFINANCE DIRECTOR40$66,174
Heather McmilinHOUSING DEVELOPMENT DIRECT40$57,303
Karissa TrujilloOPERATIONS DIRECTOR40$47,214
Bruce HaroldsonBOARD MEMBER1$0
Ben BachBOARD MEMBER1$0
Adrienne MaxwellBOARD MEMBER1$0
Ryan SwantnerBOARD MEMBER1$0
Meg HaennBOARD MEMBER1$0
Bryan FlahertyBOARD MEMBER1$0
Jessica AllredBOARD MEMBER1$0
Tyler JohnsonBOARD MEMBER1$0
Sara NelsonPAST PRESIDENT1$0
Beth HayesSECRETARY1$0
Jason EricksonTREASURER1$0
Alice JonesVICE PRESIDENT1$0
Anne HoslerPRESIDENT1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202023159349303302_public.xml