Nonprofit · EIN 84-1128761
MONTROSE COMMUNITY FOUNDATION
Tax-exempt · MONTROSE, CO 81401
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $2,223,927 | $1,675,699 | $548,228 | $7,225,786 | $1,600,472 | $5,625,314 |
| December 31, 2023 | 990 | $1,731,907 | $1,298,391 | $433,516 | $6,380,253 | $1,406,844 | $4,973,409 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,730,096
- Program service revenue
- $247,407
- Investment income
- $235,385
- Net gain from sales of assets
- $77,159
- Net income from fundraising events
- $11,039
- Other revenue
- $11,039
Expenses
- Grants and similar amounts paid
- $1,354,008
- Compensation of officers, directors and key employees
- $60,115
- Salaries, compensation and benefits (total)
- $98,327
- Professional fundraising fees
- $0
- Accounting fees
- $24,478
- Occupancy
- $15,000
- Program services (functional)
- $1,597,090
- Management and general (functional)
- $77,205
- Fundraising (functional)
- $1,404
Balance sheet and other
- Total assets, start of year
- $6,380,253
- Total assets, end of year
- $7,225,786
- Total liabilities, end of year
- $1,600,472
- Net assets, end of year
- $5,625,314
- Publicly traded securities
- $6,297,716
- Gross receipts
- $2,837,982
- Employees
- 1
- Volunteers
- 0
- Year formed
- 1989
- State of legal domicile
- CO
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Diane Bridges | Executive Director Trustee or director, Officer | 40 | $60,115 |
| Sarah Abbott | Vice Chair & Secretary Trustee or director, Officer | 3 | $0 |
| Steve Ball | Vice Chair Trustee or director, Officer | 3 | $0 |
| Laird Landon | DIrector Trustee or director | 3 | $0 |
| David Mize | Director Trustee or director | 3 | $0 |
| Mark Smith | Director Trustee or director, Officer | 3 | $0 |
| Ross Valdez | Secretary/Treasurer Trustee or director, Officer | 3 | $0 |
| Scott Wittman | Chair Trustee or director, Officer | 3 | $0 |
| Jenny Abbott | Director Trustee or director | 3 | $0 |
990 for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Diane Bridges | Executive Director Trustee or director, Officer | 40 | $24,115 |
| Sarah Abbott | Vice Chair Secretary Trustee or director, Officer | 3 | $0 |
| Ian Atha | Director Trustee or director | 3 | $0 |
| Steve Ball | Director Trustee or director | 3 | $0 |
| Laird Landon | Former Chairman Trustee or director | 3 | $0 |
| Terry McCoige | Director Trustee or director | 3 | $0 |
| David Mize | Director Trustee or director | 3 | $0 |
| Vin Singh | Director Trustee or director | 3 | $0 |
| Mark Smith | Board Chairman Trustee or director, Officer | 3 | $0 |
| Ross Valdez | Director Trustee or director | 3 | $0 |
| Scott Wittman | Treasurer Trustee or director, Officer | 3 | $0 |
Address and contacts
- Address (IRS master file)
- 15 S UNCOMPAHGRE AVE, MONTROSE, CO 81401-3980
- Principal officer (990 for 2024)
- Diane Bridges, 525 E Main Street, Montrose, CO 81401
- Signed the 990
- Diane Bridges, Executive Director
- Phone
- (970) 249-3900
- Website
- www.montrosecf.com
- Return prepared by
- BUCKENDORF HAYNES CPAS LLC
Mission
The Mission and Purpose of the Montrose Community Foundation is to: * Seek and Embrace Innovative Ideas * Connect Charitable Donors to Community Causes * Promote Worthwhile Community Projects and Partnerships
Program accomplishments
- Facilitating Entity Behind Multiple Community Projects Involving Education, Youth Activities, Infrastructure and Community Service.Expenses $1,597,090 · grants $1,354,008 · revenue $324,566
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 | Not 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
- 84-1128761
- 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
- 1991
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $7,225,786
- Income (IRS master file)
- $2,837,982
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,223,927 | $1,675,699 | $7,225,786 | XML |
| 990 | December 2023 | $1,731,907 | $1,298,391 | $6,380,253 | XML |
| 990 | December 2022 | – | – | – | IRS |
| 990 | June 2022 | $1,931,829 | $935,646 | $5,793,838 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 84-1128761).
Questions about MONTROSE COMMUNITY FOUNDATION
- What is the EIN of MONTROSE COMMUNITY FOUNDATION?
- The employer identification number (EIN) of MONTROSE COMMUNITY FOUNDATION is 84-1128761.
- Is MONTROSE COMMUNITY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1991.
- Are donations to MONTROSE COMMUNITY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MONTROSE COMMUNITY FOUNDATION 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 MONTROSE COMMUNITY FOUNDATION 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 MONTROSE COMMUNITY FOUNDATION 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 MONTROSE COMMUNITY FOUNDATION?
- The 990 for the year ended December 31, 2024 names Diane Bridges.
- Who are the officers and directors of MONTROSE COMMUNITY FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 9 people; 1 received compensation from the organization, the highest $60,115 (Diane Bridges, Executive Director).
- How much revenue does MONTROSE COMMUNITY FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $2,223,927, expenses of $1,675,699 and total assets of $7,225,786 at year end.
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- REGION 10 LEAGUE FOR ECONOMIC ASSISTANCE & PLANNING INC EIN 84-0631483 · last filed 990 for 2022
- CASA OF THE SEVENTH JUDICIAL DISTRICT INC EIN 84-1546403 · last filed 990 for 2025
- ALL POINTS TRANSIT INC EIN 74-2561376 · last filed 990 for 2024
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