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Nonprofit · EIN 81-0521301

HRC COTTAGES INC

Tax-exempt · MISSOULA, MT 59801

Financials

$750K$861K2023$781K$973K2024
Revenue Expenses · by fiscal year end
Financials of HRC COTTAGES INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$780,654$973,319-$192,665$5,227,475$5,235,504-$8,029
December 31, 2023990$749,647$861,096-$111,449$5,409,126$5,224,490$184,636
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$792,059
Investment income
$14,266
Other revenue
-$25,671

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$29,597
Salaries, compensation and benefits (total)
$71,097
Professional fundraising fees
$0
Occupancy
$99,525
Travel
$2,990
Depreciation
$245,446
Program services (functional)
$709,839
Management and general (functional)
$263,480

Balance sheet and other

Total assets, start of year
$5,409,126
Total assets, end of year
$5,227,475
Total liabilities, end of year
$5,235,504
Net assets, end of year
-$8,029
Land, buildings and equipment
$2,850,834
Net assets without donor restrictions
-$8,029
Gross receipts
$780,654
Employees
10
Volunteers
0
Year formed
1998
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, 2024, highest compensation first.

NameTitleHours / weekCompensation
JIM MORTONPRESIDENT
Trustee or director, Officer
10$29,597
LARRY DEGARMOVICE PRESIDENT
Trustee or director, Officer
1$0
CHARLIE WELLENSTEINSECRETARY
Trustee or director, Officer
1$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
JIM MORTONPRESIDENT
Trustee or director, Officer
10$29,599
LARRY DEGARMOVICE PRESIDENT
Trustee or director, Officer
1$0
CHARLIE WELLENSTEINSECRETARY
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
1801 S HIGGINS AVE, MISSOULA, MT 59801-5763
In care of
% DISTRICT XI HRC
Principal officer (990 for 2024)
JIM MORTON, 1801 S HIGGINS, MISSOULA, MT 598015763
Signed the 990
JIM MORTON, PRESIDENT
Phone
(406) 728-3710
Return prepared by
JUNKERMIERCLARKCAMPANELLASTEVENS PC

Mission

OWN, OPERATE, AND MAINTAIN HOUSING FOR LOWER INCOME PEOPLE.

990 for the year ended December 31, 2024

Program accomplishments

  • HOUSING FOR LOWER INCOME PEOPLE: 269 TOTAL UNITS OF LOW-INCOME HOUSING IN HAMILTON, CORVALLIS, SUPERIOR, STEVENSVILLE, VICTOR, MISSOULA, ST. REGIS, AND DARBY, MONTANA RENTED AT BELOW MARKET RATES TO LOWER INCOME TENANTS. PROPERTIES INCLUDE BURNT FORK APARTMENTS, WILLOW CREEK APARTMENTS, EDNA COURT COTTAGES, EAGLE APARTMENTS, RIVERSIDE APARTMENTS, CHARLOS APARTMENTS, CEDAR GROVE APARTMENTS, DARBY APARTMENTS, TERRACE APARTMENTS, MAPLE COTTAGES, PARKSIDE APARTMENTS, TWO RIVERS APARTMENTS, SUPERIOR COMMONS APARTMENTS, BURNT FORK PLACE, ASPEN APARTMENTS, MOUNTAIN VIEW, AND BITTERROOT COMMONS.
    Expenses $709,839 · revenue $798,250

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
81-0521301
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2000
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$5,227,475
Income (IRS master file)
$780,654

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$780,654$973,319$5,227,475XML
990-TDecember 2024–––IRS
990December 2023$749,647$861,096$5,409,126XML
990-TDecember 2023–––IRS
990December 2022$718,941$853,059$5,484,993IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 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 81-0521301).

Questions about HRC COTTAGES INC

What is the EIN of HRC COTTAGES INC?
The employer identification number (EIN) of HRC COTTAGES INC is 81-0521301.
Is HRC COTTAGES INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
Are donations to HRC COTTAGES INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HRC COTTAGES 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 HRC COTTAGES INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did HRC COTTAGES INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of HRC COTTAGES INC?
The 990 for the year ended December 31, 2024 names JIM MORTON.
Who are the officers and directors of HRC COTTAGES INC?
The 990 for the year ended December 31, 2024 lists 3 people; 1 received compensation from the organization, the highest $29,597 (JIM MORTON, PRESIDENT).
How much revenue does HRC COTTAGES INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $780,654, expenses of $973,319 and total assets of $5,227,475 at year end.

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