Nonprofit · EIN 84-3391892
BIG SKY COMMUNITY HOUSING TRUST
Also known as LAURA SEYFANG
Tax-exempt · BIG SKY, MT 59716
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $4,011,488 | $2,195,472 | $1,816,016 | $8,555,714 | $97,409 | $8,458,305 |
| December 31, 2023 | 990 | $2,475,554 | $1,219,926 | $1,255,628 | $6,786,971 | $144,682 | $6,642,289 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $3,706,636
- of which government grants
- $1,835,793
- Program service revenue
- $254,083
- Investment income
- $50,909
- Net income from fundraising events
- -$140
- Other revenue
- -$140
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $133,505
- Other salaries and wages
- $160,911
- Salaries, compensation and benefits (total)
- $324,373
- Professional fundraising fees
- $0
- Occupancy
- $5,592
- Travel
- $2,009
- Program services (functional)
- $1,967,613
- Management and general (functional)
- $192,122
- Fundraising (functional)
- $35,737
Balance sheet and other
- Total assets, start of year
- $6,786,971
- Total assets, end of year
- $8,555,714
- Total liabilities, end of year
- $97,409
- Net assets, end of year
- $8,458,305
- Land, buildings and equipment
- $3,301,994
- Net assets without donor restrictions
- $6,590,656
- Net assets with donor restrictions
- $1,867,649
- Gross receipts
- $4,023,043
- Employees
- 4
- Volunteers
- 20
- Year formed
- 2019
- 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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DAVID O'CONNOR | Executive Dir. Officer | 40 | $127,255 | $6,250 |
| LINDSEY PUTNAM | Secretary Trustee or director, Officer | 2 | $0 | $0 |
| MICHELLE FREDERICK | Director Trustee or director | 2 | $0 | $0 |
| DAVID BROWN | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| SHANNON SEARS | Director Trustee or director | 2 | $0 | $0 |
| RICK SIMKINS | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| MIA LENNON | Director Trustee or director | 2 | $0 | $0 |
| CRYDER BANCROFT | Director Trustee or director | 2 | $0 | $0 |
| BRAD NIVA | Director Trustee or director | 2 | $0 | $0 |
| MARK DEAN | Director Trustee or director | 2 | $0 | $0 |
| KENNY HOLTZ | Director Trustee or director | 2 | $0 | $0 |
| STEPHEN BROWN | Treasurer Trustee or director, Officer | 2 | $0 | $0 |
990 for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DAVID O'CONNOR | Executive Dir. Officer | 40 | $118,500 | $6,000 |
| MICHELLE FREDERICK | Director Trustee or director | 0.5 | $0 | $0 |
| DAVID BROWN | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| SHANNON SEARS | Director Trustee or director | 0.5 | $0 | $0 |
| RICK SIMKINS | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| MIA LENNON | Director Trustee or director | 0.5 | $0 | $0 |
| KEVIN HINKLE | Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| MARK DEAN | Director Trustee or director | 0.5 | $0 | $0 |
| KENNY HOLTZ | Director Trustee or director | 0.5 | $0 | $0 |
| STEPHEN BROWN | Director Trustee or director | 0.5 | $0 | $0 |
| ELISE CLARK | Director Trustee or director | 0.5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 160164, BIG SKY, MT 59716-0164
- In care of
- % BSCHT
- Principal officer (990 for 2024)
- DAVID O'CONNOR, PO BOX 160164, BIG SKY, MT 59716
- Signed the 990
- DAVID O'CONNOR, Executive Director
- Phone
- (406) 995-3696
- Website
- www.bigskyhousingtrust.com
- Return prepared by
- Rudd & Company PLLC
Mission
THE MISSION OF BSCHT IS TO ENHANCE THE AVAILABILITY OF HOUSING TO SUPPORT THE LOCAL WORKFORCE AND ECONOMY. BSCHT HELPED WITH CONSTRUCTION & HOA MANAGEMENT OF MEADOWVIEW, A DEED RESTRICTED CONDOMINIUM DEVELOPMENT FOR LOCAL WORKERS. WE PROVIDED DOWN PAYMENT ASSISTANCE LOANS. BSCHT ALSO WORKS TO INCREASE AFFORDABLE RENTAL OPPORTUNITIES FOR THE COMMUNITY'S WORKFORCE, INCREASE SUPPLY, PROVIDE MINOR PROPERTY MANAGEMENT SUPPORT, AND EDUCATE THE COMMUNITY REGARDING RENTAL OPTIONS.
Program accomplishments
- THE GOOD DEEDS PROGRAM seeks to preserve local workforce access to existingresidential inventory by purchasing deed restrictions from homebuyers or homeowners.The deed restriction requires workforce occupancy and prohibits use of the property for short-term rental in perpetuity. Homebuyers generally utilize the funds for down payment assistance and closing costs. As of December 2024, sixteen deed restrictions have been purchased under the program.Expenses $1,262,238
- THE RENT LOCAL PROGRAM offers cash incentives to property owners in exchange forremoving their property from the short-term vacation rental pool and making it available for long-term residential lease to the local workforce. A maximum rent cap, verification of qualified resident, and minimum one-year lease is required by the program. The maximum incentive a property owner may receive is two years. As of December 2024, the program has enlisted 137 properties to house 344 local workforce tenants.Expenses $577,064
- TRIPLE CREEK DEVELOPMENT makes two 3-bedroom single family homes available to theHousing Trust at a minimal cost, for long-term lease to income-qualified (140% AMI) local work force, with rent set at 30% of tenants household income. Net proceeds from the rentals are donated unrestricted to the Housing Trust.Expenses $96,620 · revenue $118,454
- THE DOWN PAYMENT ASSISTANCE LOAN/MEADOWVIEW TOWNHOMES PROGRAM offers zero-interest loans to buyers of income-qualified (150% AMI), deed-restricted residences inthe Meadowview development for down payment and associated closing costs. All loansare repaid to BSCHT in full upon sale, to be used to facilitate purchases by subsequent buyers.The Meadowview development includes 52 1- and 2-bedroom deed-restricted,appreciation-capped townhomes for purchase by income qualified (150% AMI) localworkforce. BSCHT retains ownership of the underlying land as a community land trust and ensures homeowner qualification and permanent affordability via ground lease. Resales are managed by BSCHT. In 2024, eight Meadowview homes resold to other income-qualified buyers.Expenses $18,770 · revenue $135,683
- THE RIVERVIEW APARTMENTS PROGRAM involves the development of two apartmentbuildings for a total of 25 1-, 2-, and 3-bedroom apartments. The development was primarily funded with the federal Low Income Housing Tax Credit (LIHTC) program and is operated under that programs rules. Apartments are available to income-qualified (60% AMI) families and individuals, with rental rates set at 30% of tenants household income. The buildings opened for occupancy in September of 2024.Expenses $12,921 · revenue -$54
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
- 84-3391892
- 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
- 2020
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L20)
- Assets (IRS master file)
- $8,555,714
- Income (IRS master file)
- $4,023,043
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $4,011,488 | $2,195,472 | $8,555,714 | XML |
| 990 | December 2023 | $2,475,554 | $1,219,926 | $6,786,971 | XML |
| 990 | December 2022 | $5,878,436 | $1,532,447 | $5,363,358 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 84-3391892).
Questions about BIG SKY COMMUNITY HOUSING TRUST
- What is the EIN of BIG SKY COMMUNITY HOUSING TRUST?
- The employer identification number (EIN) of BIG SKY COMMUNITY HOUSING TRUST is 84-3391892.
- Is BIG SKY COMMUNITY HOUSING TRUST tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to BIG SKY COMMUNITY HOUSING TRUST tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BIG SKY COMMUNITY HOUSING TRUST 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 BIG SKY COMMUNITY HOUSING TRUST 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 BIG SKY COMMUNITY HOUSING TRUST 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 BIG SKY COMMUNITY HOUSING TRUST?
- The 990 for the year ended December 31, 2024 names DAVID O'CONNOR.
- Who are the officers and directors of BIG SKY COMMUNITY HOUSING TRUST?
- The 990 for the year ended December 31, 2024 lists 12 people; 1 received compensation from the organization, the highest $127,255 (DAVID O'CONNOR, Executive Dir.).
- How much revenue does BIG SKY COMMUNITY HOUSING TRUST have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $4,011,488, expenses of $2,195,472 and total assets of $8,555,714 at year end.
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- MOTT FAMILY FOUNDATION EIN 99-3779462 · last filed 990-PF for 2025
- THE BIG SKY COMMUNITY ORGANIZATION EIN 81-0520589 · last filed 990 for 2025
- ARTS COUNCIL OF BIG SKY EIN 81-0457768 · last filed 990 for 2024
- GALLATIN RIVER TASK FORCE EIN 74-3127146 · last filed 990 for 2025
- VISIT BIG SKY EIN 46-2417912 · last filed 990 for 2025
- MORNINGSTAR LEARNING CENTER INC EIN 20-5113402 · last filed 990 for 2025
- MOONLIGHT COMMUNITY FOUNDATION EIN 80-0941705 · last filed 990 for 2026