Nonprofit · EIN 45-3204921
TRUST MONTANA INC
Tax-exempt (reinstated) · MISSOULA, MT 59807
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $522,793 | $287,144 | $235,649 | $2,321,382 | $32,651 | $2,288,731 |
| December 31, 2024 | 990 | $1,225,328 | $265,013 | $960,315 | $2,093,905 | $40,816 | $2,053,089 |
| December 31, 2023 | 990 | $298,117 | $251,505 | $46,612 | $1,296,281 | $203,449 | $1,092,832 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $486,452
- Program service revenue
- $34,020
- Investment income
- $2,321
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $69,904
- Other salaries and wages
- $131,207
- Salaries, compensation and benefits (total)
- $224,967
- Professional fundraising fees
- $0
- Legal fees
- $170
- Accounting fees
- $17,472
- Occupancy
- $713
- Travel
- $5,913
- Program services (functional)
- $86,198
- Management and general (functional)
- $111,400
- Fundraising (functional)
- $89,546
Balance sheet and other
- Total assets, start of year
- $2,093,905
- Total assets, end of year
- $2,321,382
- Total liabilities, end of year
- $32,651
- Net assets, end of year
- $2,288,731
- Land, buildings and equipment
- $1,963,591
- Net assets without donor restrictions
- $466,140
- Net assets with donor restrictions
- $1,822,591
- Gross receipts
- $522,793
- Employees
- 6
- Volunteers
- 14
- Year formed
- 2010
- State of legal domicile
- MT
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAWN CONKLIN | EXECUTIVE DIRECTOR Officer | 40 | $69,904 |
| SHEILA RICE | PRESIDENT Trustee or director, Officer | 5 | $0 |
| NATE RICHMOND | VICE PRESIDENT Trustee or director, Officer | 3 | $0 |
| LARRY PHILLIPS | TREASURER Trustee or director, Officer | 5 | $0 |
| TATYANA SCHMIDT | SECRETARY Trustee or director, Officer | 3 | $0 |
| ASHLEE SCHLEICHER | MEMBER Trustee or director | 5 | $0 |
| JO ANN EDER | MEMBER Trustee or director | 3 | $0 |
| TOM ZAVITZ | MEMBER Trustee or director | 3 | $0 |
| NICOLE BORNER | MEMBER Trustee or director | 3 | $0 |
| ALEXANDRA ISERN | MEMBER Trustee or director | 3 | $0 |
| KAYLA LAPPIN | MEMBER Trustee or director | 3 | $0 |
| TABETHA HEILIG | MEMBER Trustee or director | 2 | $0 |
| DOROTHY YOUNG | MEMBER Trustee or director | 2 | $0 |
| CONRAD STROEBE | MEMBER Trustee or director | 2 | $0 |
990 for the year ended December 31, 2024: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAWN CONKLIN | EXECUTIVE DIRECTOR Officer | 40 | $68,000 |
| SHEILA RICE | PRESIDENT Trustee or director, Officer | 2 | $0 |
| BOB OAKS | VICE PRESIDENT Trustee or director, Officer | 2 | $0 |
| LARRY PHILLIPS | TREASURER Trustee or director, Officer | 2 | $0 |
| TATYANA SCHMIDT | SECRETARY Trustee or director, Officer | 2 | $0 |
| JO ANN EDER | MEMBER Trustee or director | 1 | $0 |
| TABETHA HEILIG | MEMBER Trustee or director | 1 | $0 |
| JESSE DODSON | MEMBER Trustee or director | 1 | $0 |
| DOROTHY YOUNG | MEMBER Trustee or director | 1 | $0 |
| TOM ZAVITZ | MEMBER Trustee or director | 1 | $0 |
| AUTUMN TIGART | MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SHEILA RICE | PRESIDENT Trustee or director, Officer | 2 | $0 |
| JO ANN EDER | BOARD MEMBER Trustee or director | 1 | $0 |
| JESSE DODSON | BOARD MEMBER Trustee or director | 1 | $0 |
| BOB OAKS | SECRETARY Trustee or director, Officer | 2 | $0 |
| TATYANA SCHMIDT | TREASURER Trustee or director, Officer | 2 | $0 |
| LARRY PHILLIPS | BOARD MEMBER Trustee or director | 1 | $0 |
| TABETHA HEILIG | BOARD MEMBER Trustee or director | 1 | $0 |
| DOROTHY YOUNG | BOARD MEMBER Trustee or director | 1 | $0 |
| TOM ZAVITZ | BOARD MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 8791, MISSOULA, MT 59807-8791
- In care of
- % NMCDC
- Principal officer (990 for 2025)
- DAWN CONKLIN, PO BOX 8791, MISSOULA, MT 59807
- Signed the 990
- DAWN CONKLIN, EXECUTIVE DIRECTOR
- Phone
- (406) 898-7636
- Website
- TRUSTMONTANACLT.ORG
- Return prepared by
- RED ROCK ACCOUNTING SOLUTIONS
Mission
TRUST MONTANA'S MISSION IS TO PROMOTE COMMUNITY LAND TRUSTS AND HOLD LAND IN TRUST TO FACILITATE WORKFORCE HOUSING, FARMLAND AFFORDABILITY, AND THE PRESERVATION OF VITAL COMMUNITY ASSETS THAT KEEP RURAL AND URBAN AREAS LIVABLE FOR MONTANANS OF VARIED ECONOMIC MEANS.
Program accomplishments
- CLT HOMES:TRUST MONTANA'S PERMANENTLY AFFORDABLE HOMES PROGRAM PRESERVES RENTAL UNITS AND HOMEOWNERSHIP PROPERTIES IN TRUST TO GUARANTEE AFFORDABILITY FOR CURRENT AND FUTURE FAMILIES. TRUST MONTANA STEWARDS 30 HOMES AND 5 RENTAL PROPERTIES IN EIGHT COMMUNITIES ACROSS THE STATE, HAVING ADDED TWO NEW HOME OWNERSHIP OPPORTUNITIES AND ONE RENTAL UNITS IN 2025. TRUST MONTANA HOME OWNERS AND RENTERS MUST INCOME-QUALIFY, ENSURING THAT THESE HOMES BENEFIT WORKING CLASS INDIVIDUALS IN COMMUNITIES. THE EXPANSION TO ADD AN ADDITIONAL RENTAL PROPERTY IN 2025 WAS CO-DESIGNED WITH THE COMMUNITY, RESPONDING TO THE NEED FOR DIVERSE AFFORDABLE HOUSING TYPES.AFFORDABLE LAND LLC IS A SINGLE-MEMBER LLC OWNED BY TRUST MONTANA. IT WAS FORMED IN 2019 TO HOLD THE TITLES OF ALL LAND THAT IS ACQUIRED FOR PERMANENTLY AFFORDABLE PROJECTS OF TRUST MONTANA. AFFORDABLE LAND COLLECTS LEASE FEES FROM EACH HOUSEHOLD MONTHLY. IT ALSO COLLECTS STEWARDSHIP PAYMENTS AT THE TIME OF HOME CLOSINGS AND THOSE FUNDS ARE PLACED INTO A SAVINGS ACCOUNT TO ENSURE THAT FUTURE MAINTENANCE AND OTHER EXPENSES WILL BE COVERED.Expenses $55,425 · revenue $26,570
- CLT FARM: IN 2025, ON THE HEELS OF TRUST MONTANA'S COMMUNITY LAND TRUST FARM UNDER THE ORGANIZATION'S AG LAND PRESERVATION PROGRAM, WE CONTINUED OUR WORK WITH THE FARMER AND ENGAGING AG AND CONSERVATIONS EXPERTS TO SERVE ON OUR NEWLY FOUNDED FARM VIABILITY COMMITTEE. WE PURSUED NEW OPPORTUNITIES. WE SPOKE WITH FOUR FARMERS ABOUT POTENTIAL PARTNERSHIPS. THE PRESERVATION OF AGRICULTURAL LAND AND SOILS IS CRITICAL TO MAINTAINING LOCAL FOOD SYSTEMS. PROJECTS LIKE THESE NOT ONLY BENEFIT THE BEGINNING FARMERS OPERATING ON THE LAND UNDER A LAND-LEASE AND USAGE AGREEMENT, BUT ALSO THE SURROUNDING COMMUNITY WITH INCREASED ACCESS TO LOCALLY, ORGANICALLY-GROWN FOOD.Expenses $14,156
- EDUCATION AND ADVOCACY OF CLTS:TRUST MONTANA ALSO LEADS EFFORTS TO EXPAND EDUCATION AND UNDERSTANDING OF THE COMMUNITY LAND TRUST MODEL IN THE STATE THROUGH ITS CLT EDUCATION PROGRAM. WITH 22 PRESENTATIONS IN 2025, SERVING 1,350 PEOPLE, THE ORGANIZATION SUPPORTS REALTORS, TITLE AGENTS, LENDERS, AND POTENTIAL HOMEBUYERS. MANY OF THESE PRESENTATIONS QUALIFY AS CONTINUING EDUCATION CREDITS IN THESE INDUSTRIES. TRUST MONTANA ALSO SERVES AS AN EXPERT AND TECHNICAL ASSISTANCE PROVIDER FOR OTHER LAND TRUSTS OPERATING IN THE STATE. AT ANY GIVEN TIME, THE ORGANIZATION IS SUPPORTING 3-5 PEER LAND TRUST PROJECTS, AS WELL AS NAVIGATING EXPLORATORY AND PLANNING CONVERSATIONS WITH 7-12 PARTNERS TO IDENTIFY NEW AND EMERGING PROJECTS FOR TRUST MONTANA.Expenses $16,617 · revenue $7,450
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 45-3204921
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2013
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S20)
- Assets (IRS master file)
- $2,321,382
- Income (IRS master file)
- $522,793
Revocation and reinstatement
- Exemption revoked
- May 15, 2013
- Posted by the IRS
- August 21, 2019
- Reinstated
- Effective May 15, 2013
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $522,793 | $287,144 | $2,321,382 | XML |
| 990 | December 2024 | $1,225,328 | $265,013 | $2,093,905 | XML |
| 990 | December 2023 | $298,117 | $251,505 | $1,296,281 | XML |
| 990 | December 2022 | $501,369 | $257,782 | $865,587 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 45-3204921).
Questions about TRUST MONTANA INC
- What is the EIN of TRUST MONTANA INC?
- The employer identification number (EIN) of TRUST MONTANA INC is 45-3204921.
- Is TRUST MONTANA INC tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2013 and reinstated it effective May 15, 2013.
- Are donations to TRUST MONTANA INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does TRUST MONTANA INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of TRUST MONTANA INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did TRUST MONTANA INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of TRUST MONTANA INC?
- The 990 for the year ended December 31, 2025 names DAWN CONKLIN.
- Who are the officers and directors of TRUST MONTANA INC?
- The 990 for the year ended December 31, 2025 lists 14 people; 1 received compensation from the organization, the highest $69,904 (DAWN CONKLIN, EXECUTIVE DIRECTOR).
- How much revenue does TRUST MONTANA INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $522,793, expenses of $287,144 and total assets of $2,321,382 at year end.
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All nonprofits in MISSOULA · Montana · Community improvement and capacity building