Mountainlands Community Housing: Nonprofit Profile, Financials & Form 990 (EIN 87-0514438)

Revenue by fiscal year
FY2021	$3.5M
FY2022	$2.5M
FY2022	$4.0M
FY2023	$5.8M
FY2024	$3.5M

Expenses by fiscal year
FY2021	$2.5M
FY2022	$2.6M
FY2022	$4.2M
FY2023	$4.3M
FY2024	$4.2M

Net assets by fiscal year
FY2021	$8.3M
FY2022	$8.2M
FY2022	$6.7M
FY2023	$8.2M
FY2024	$7.5M

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 1994.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

92 cents of each dollar spent went to programs.

92%

Program services 92% · $3.9M Management & general 6% · $271K Fundraising 1% · $61K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

17 people listed on the 990; $105K paid to officers and key staff.

Part VII, Section A · reportable compensation

Jason Glidden

Executive Director (from 5/24)

$104,711Pt VII · Sec A

Scott Loomis

Interim Exec. Dir. (thru 4/24)

$0Pt VII · Sec A

Jessica Norie

VP (thru 9/24)/President (from 10/24)

$0Pt VII · Sec A

Bob Richer

President (thru 9/24)

$0Pt VII · Sec A

Sara Huey

Vice President (from 9/24)

$0Pt VII · Sec A

Ryan Hoffman

Treasurer

$0Pt VII · Sec A

Katie Wilking

Secretary

$0Pt VII · Sec A

Jeff Bradshaw

Board Member

$0Pt VII · Sec A

Compensation history total reportable pay by year · 4 named individuals · Part VII

Name	FY2024	FY2023	FY2022	FY2022	FY2021
Scott Loomis	—	$7,166	—	—	$199,980
Pat Matheson	—	$39,717	$134,461	$113,177	—
David Levine	—	$119,386	—	—	—
Jason Glidden	$104,711	—	—	—	—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Mountainlands Community Housing executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

Family or business ties among officersPt VI · Ln 2No
Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides affordable housing, assistance, and education to promote self-sufficiency.

Questions for Mountainlands Community Housing

Tap to ask. Mountainlands Community Housing sees how many people are interested.

Your first name shows with your question. Mountainlands Community Housing answers here, for everyone.

Provided by the organization

Know this org? Add your story

3 programs · $3.9M · in their own filed words · FY2024

01

Mountainlands continues to maintain service contracts with both summit and wasatch counties to complete annual compliance monitoring for deed-restricted affordable housing UNITS.IN august 2022, mountainlands re-launched its community-based housing resource center (HRC) as a department within the organization with a twofold PURPOSE:1.

$1.4Mprogram expense

02

The mutual self-help housing program is a USDA/RURAL development program sponsored by mountainlands for low-income to very low-income families to achieve the dream of home ownership through "sweat equity".

$1.4Mprogram expense

03

Last year, mountainlands continued work the parkview place subdivision in heber city, a 49-LOT subdivision. The subdivision constists of 13 single family, 30 townhomes and 6 duplex units. All of which will be sold as affordable housing.

$1.0Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid

Grants received · FY2024

Fidelity Investments Charitable Gift FundFY2024$100K

Vanguard Charitable Endowment ProgramFY2024$64K

Mightycause Charitable FoundationFY2024$11K

Total grants receivedfrom 3 funders$175K

See all 3 funders →

Grants paid · 2 grants · $54K · 2020–2021

Unitemized GrantFY2021$25,682

Unitemized GrantFY2020$28,698

By the numbers

The FY2024 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$3.5M

Ln 12

Fees for servicesLn 2g$3.1M

Gifts and grantsLn 1h$744K

Investment incomeLn 3$51K

Money outPt IX

$4.2M

Ln 25

Programscol B$3.9M

Managementcol C$271K

Fundraisingcol D$61K

Owns and owesPt X

$7.5M

net assets · Ln 32

Cash and savingsLn 1–2$1.5M

Total assetsLn 16$27.0M

LiabilitiesLn 26$19.4M

PeoplePt VI, VII

17

listed · VII A

PaidVII A1

Voting boardVI 1a14

IndependentVI 1b14

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$744K

Government grantsLn 1e$707K

Fees for servicesLn 2g$3.1M

Investment incomeLn 3$51K

Total revenueLn 12$3.5M

Assets in detailPt X, end of year

CashLn 1$500K

SavingsLn 2$1.0M

Cash and savings togetherLn 1–2$1.5M

InvestmentsLn 11–13$2.3M

Land, buildings, equipmentLn 10c$17.5M

Other assetsLn 15$4.1M

Total assetsLn 16$27.0M

LiabilitiesLn 26$19.4M

Net assetsLn 32$7.5M

OperationsPt I, VI

EmployeesI 514

VolunteersI 613

Fiscal year endsHeaderDecember

Conflict-of-interest policyVI 12aYes

Whistleblower policyVI 13Yes

Records policyVI 14Yes

3Year over year

Balance sheet, start vs end of yearPt X · col A, B

Line	Start FY24	End FY24
Cash and savingsLn 1–2	$1.5M	$1.5M
InvestmentsLn 11–13	$2.3M	$2.3M
Land, buildings, equipmentLn 10c	$18.3M	$17.5M
Total assetsLn 16	$29.5M	$27.0M
LiabilitiesLn 26	$21.3M	$19.4M
Net assetsLn 32	$8.2M	$7.5M

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Pay of current officers, directors and key staffLn 5	$128K	$102K	$19K	$6K
Other salaries and wagesLn 7	$671K	$537K	$101K	$34K
Pension plan contributionsLn 8	$33K	$27K	$5K	$2K
Other employee benefitsLn 9	$71K	$57K	$11K	$4K
Payroll taxesLn 10	$43K	$34K	$6K	$2K
Management feesLn 11a	$171K	$171K
Legal feesLn 11b	$7K	$3K	$4K
Accounting feesLn 11c	$77K	$39K	$38K
Office expensesLn 13	$46K	$37K	$7K	$2K
Information technologyLn 14	$23K		$23K
OccupancyLn 16	$457K	$439K	$13K	$4K
TravelLn 17	$11K	$9K	$1K
InterestLn 20	$611K	$609K	$2K
Depreciation, depletion and amortizationLn 22	$882K	$862K	$21K
InsuranceLn 23	$120K	$113K	$7K
Other expenses (24a–d)Ln 24	$844K	$837K		$7K
All other expensesLn 24e	$20K	$7K	$13K	$109
Total functional expensesLn 25	$4.2M	$3.9M	$271K	$61K

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2024 Latest Viewing	$3.5M	$4.2M	−$676K	$7.5M	990 PDF
FY2023	$5.8M	$4.3M	$1.6M	$8.2M	990 PDF
FY2022	$2.5M	$2.6M	−$80K	$8.2M	990 PDF
FY2021	$3.5M	$2.5M	$1.0M	$8.3M	990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations

See the full FY2024 990 (6 parts)

Part I · Summary $3,540,240 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $3,168,632$743,689

I-9 Program service revenuePrior year $3,267,614$3,149,144

I-10 Investment incomePrior year $24,240$50,553

I-11 Other revenuePrior year −$644,370−$403,146

I-12 Total revenuePrior year $5,816,116$3,540,240

I-13 Grants and similar amounts paidPrior year $0$0

I-14 Benefits paid to membersPrior year $0$0

I-15 Salaries and benefitsPrior year $1,135,781$946,078

I-16a Professional fundraising feesPrior year $0$0

I-17 Other expensesPrior year $3,127,789$3,269,818

I-18 Total expensesPrior year $4,263,570$4,215,896

I-19 Revenue less expensesPrior year $1,552,546−$675,656

Part VI · Governance 14 of 14 board members independent, no flags

VI-1a Voting members of the governing body14

VI-1b Independent voting members14

VI-2 Family or business relationship among officers or directorsNo

VI-12a Written conflict of interest policyYes

VI-13 Written whistleblower policyYes

VI-14 Document retention and destruction policyYes

VI-15a Process for setting top official's payYes

Part VIII · Statement of revenue $3,540,240 across 6 lines filed

Lines not itemized here account for −$403,095 of total revenue; see the IRS return.

VIII-1e Government grants$706,938

VIII-1f All other contributions, gifts and grants$36,751

VIII-1h Total contributions, gifts and grants$743,689

VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $3,149,093$3,149,093

VIII-3 Investment incomeExcluded from tax $50,553$50,553

VIII-12 Total revenueRelated to mission $2,745,998 · Unrelated business $0 · Excluded from tax $50,553$3,540,240

Part IX · Statement of functional expenses $4,215,896 across 17 lines filed

IX-5 Pay of current officers, directors and key staffPrograms $102,224 · Management $19,167 · Fundraising $6,389$127,780

IX-7 Other salaries and wagesPrograms $536,963 · Management $100,681 · Fundraising $33,560$671,204

IX-8 Pension plan contributionsPrograms $26,710 · Management $5,008 · Fundraising $1,669$33,387

IX-9 Other employee benefitsPrograms $56,557 · Management $10,604 · Fundraising $3,535$70,696

IX-10 Payroll taxesPrograms $34,408 · Management $6,452 · Fundraising $2,151$43,011

IX-11a Management feesPrograms $171,319$171,319

IX-11b Legal feesPrograms $3,340 · Management $3,728$7,068

IX-11c Accounting feesPrograms $39,025 · Management $38,267$77,292

IX-13 Office expensesPrograms $36,952 · Management $6,928 · Fundraising $2,309$46,189

IX-14 Information technologyManagement $22,683$22,683

IX-16 OccupancyPrograms $439,183 · Management $13,324 · Fundraising $4,441$456,948

IX-17 TravelPrograms $9,170 · Management $1,387$10,557

IX-20 InterestPrograms $609,279 · Management $2,004$611,283

IX-22 Depreciation, depletion and amortizationPrograms $861,607 · Management $20,627$882,234

IX-23 InsurancePrograms $112,584 · Management $7,186$119,770

IX-24 Other expenses (24a–d)Programs $837,322 · Fundraising $7,091$844,413

IX-24e All other expensesPrograms $6,579 · Management $13,374 · Fundraising $109$20,062

IX-25 Total functional expensesPrograms $3,883,222 · Management $271,420 · Fundraising $61,254$4,215,896

Part X · Balance sheet $26,981,010 assets, 17 lines filed

Asset lines not itemized here account for $1,122,661; see the IRS return.

X-1 Cash, non-interest-bearingStart of year $1,010,459$500,442

X-2 Savings and temporary cash investmentsStart of year $460,015$1,032,114

X-3 Pledges and grants receivableStart of year $187,500$103,750

X-4 Accounts receivableStart of year $245,324$290,911

X-9 Prepaid expenses and deferred chargesStart of year $18,688$18,688

X-10c Land, buildings and equipment, netStart of year $18,263,526$17,491,402

X-12 Other securitiesStart of year $2,280,000$2,280,000

X-15 Other assetsStart of year $5,942,555$4,141,042

X-16 Total assetsStart of year $29,544,046$26,981,010

X-17 Accounts payable and accrued expensesStart of year $88,643$100,116

X-19 Deferred revenueStart of year $29,709$17,149

X-25 Other liabilitiesStart of year $1,599,321$1,740,162

X-26 Total liabilitiesStart of year $21,321,429$19,434,049

X-27 Net assets without donor restrictionsStart of year $8,035,117$7,359,461

X-28 Net assets with donor restrictionsStart of year $187,500$187,500

X-32 Total net assets or fund balancesStart of year $8,222,617$7,546,961

X-33 Total liabilities and net assetsStart of year $29,544,046$26,981,010

Part XI · Reconciliation of net assets $7,546,961 net assets at year end

XI-1 Total revenue$3,540,240

XI-2 Total expenses$4,215,896

XI-3 Revenue less expenses−$675,656

XI-4 Net assets at start of year$8,222,617

XI-9 Other changes in net assets$0

XI-10 Net assets at end of year$7,546,961

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

Mountainlands Community Housing

Before you give

Is it real?

Where the money goes

Who runs it and what they're paid

Compensation history total reportable pay by year · 4 named individuals · Part VII

Questions the 990 asks

Programs and updates

Questions for Mountainlands Community Housing

Funders

Grants

By the numbers

Filing history

Schedules filed Part IV