Nonprofit · EIN 85-1374727
HEADWATERS COMMUNITY HOUSING TRUST
Tax-exempt · BOZEMAN, MT 59715
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $4,198,348 | $408,860 | $3,789,488 | $27,111,557 | $17,190 | $27,094,367 |
| December 31, 2023 | 990 | $12,346,796 | $536,427 | $11,810,369 | $29,456,390 | $6,151,511 | $23,304,879 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $4,548,841
- of which government grants
- $150,000
- Program service revenue
- $830,163
- Investment income
- -$1,191,619
- Net gain from sales of assets
- -$1,192,815
- Other revenue
- $10,963
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $48,056
- Other salaries and wages
- $101,797
- Salaries, compensation and benefits (total)
- $183,198
- Professional fundraising fees
- $0
- Accounting fees
- $10,800
- Occupancy
- $14,482
- Travel
- $854
- Program services (functional)
- $307,096
- Management and general (functional)
- $85,699
- Fundraising (functional)
- $16,065
Balance sheet and other
- Total assets, start of year
- $29,456,390
- Total assets, end of year
- $27,111,557
- Total liabilities, end of year
- $17,190
- Net assets, end of year
- $27,094,367
- Land, buildings and equipment
- $26,783,219
- Gross unrelated business income
- -$1,192,815
- Gross receipts
- $8,342,365
- Employees
- 2
- Volunteers
- 10
- Year formed
- 2020
- 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 |
|---|---|---|---|---|
| NATHAN STEIN | EXECUTIVE DIRECTOR Officer | 40 | $48,056 | $11,979 |
| JOHN TAYLOR | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| MARISA OWEN | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| CHRISTINE WALKER | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| HUNTER BREWSTER | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| MINDY DECOSSE | MEMBER Trustee or director | 1 | $0 | $0 |
| JANAY JOHNSON | MEMBER Trustee or director | 1 | $0 | $0 |
| ANDREA KAVERT | MEMBER Trustee or director | 1 | $0 | $0 |
| CARSON TAYLOR | MEMBER Trustee or director | 1 | $0 | $0 |
| ANDRAS ROSNER | MEMBER Trustee or director | 1 | $0 | $0 |
| ALEC BEAR | MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RANDY CARPENTER | EXECUTIVE DIRECTOR Officer | 40 | $51,582 |
| JOHN TAYLOR | PRESIDENT Trustee or director, Officer | 4 | $0 |
| MARISA OWEN | VICE PRESIDENT Trustee or director, Officer | 3 | $0 |
| CHRISTINE WALKER | TREASURER Trustee or director, Officer | 4 | $0 |
| HUNTER BREWSTER | SECRETARY Trustee or director, Officer | 2 | $0 |
| MINDY DECOSSE | MEMBER Trustee or director | 2 | $0 |
| JANAY JOHNSON | MEMBER Trustee or director | 3 | $0 |
| ANDREA KAVERT | MEMBER Trustee or director | 2 | $0 |
| CARSON TAYLOR | MEMBER Trustee or director | 3 | $0 |
Address and contacts
- Address (IRS master file)
- 321 E MAIN ST STE 419, BOZEMAN, MT 59715-4776
- Principal officer (990 for 2024)
- NATHAN STEIN, PO BOX 12013, BOZEMAN, MT 59719
- Signed the 990
- NATHAN STEIN, EXECUTIVE DIRECTOR
- Phone
- (406) 922-9554
- Website
- WWW.HEADWATERSHOUSING.ORG
- Return prepared by
- RED ROCK ACCOUNTING SOLUTIONS
Mission
INCREASE AND PRESERVE THE LOCAL SUPPLY OF PERMANENTLY AFFORDABLE HOUSING, INCLUDING FOR 'MISSING MIDDLE-INCOME' HOUSEHOLDS IN BOZEMAN, MONTANA.
Program accomplishments
- HEADWATERS COMMUNITY HOUSING TRUST TAKES A COMMUNITY-BASED APPROACH TO ADDRESS AFFORDABLE HOUSING BY EMPOWERING INDIVIDUALS AND FAMILIES THROUGH HOMEOWNERSHIP.Expenses $307,096 · revenue $841,126
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
- 85-1374727
- 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)
- $27,111,557
- Income (IRS master file)
- $8,342,365
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $4,198,348 | $408,860 | $27,111,557 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $12,346,796 | $536,427 | $29,456,390 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $2,001,555 | $483,061 | $29,863,497 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-EZ | 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 85-1374727).
Questions about HEADWATERS COMMUNITY HOUSING TRUST
- What is the EIN of HEADWATERS COMMUNITY HOUSING TRUST?
- The employer identification number (EIN) of HEADWATERS COMMUNITY HOUSING TRUST is 85-1374727.
- Is HEADWATERS COMMUNITY HOUSING TRUST tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to HEADWATERS COMMUNITY HOUSING TRUST tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HEADWATERS 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 HEADWATERS 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 HEADWATERS 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 HEADWATERS COMMUNITY HOUSING TRUST?
- The 990 for the year ended December 31, 2024 names NATHAN STEIN.
- Who are the officers and directors of HEADWATERS COMMUNITY HOUSING TRUST?
- The 990 for the year ended December 31, 2024 lists 11 people; 1 received compensation from the organization, the highest $48,056 (NATHAN STEIN, EXECUTIVE DIRECTOR).
- How much revenue does HEADWATERS COMMUNITY HOUSING TRUST have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $4,198,348, expenses of $408,860 and total assets of $27,111,557 at year end.
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- BOZEMAN INTERFAITH HOUSING II INC EIN 81-0504239 · last filed 990 for 2025
- BOZEMAN INTERFAITH HOUSING INC EIN 81-0485343 · last filed 990-EZ for 2025
- LAND LIBERTY MOVEMENT INC EIN 39-3245897 · last filed 990 for 2025
- HEBREWS 34 EIN 99-2797139 · last filed 990-N for 2025
- SUMMIT APARTMENTS INC EIN 81-0542899 · last filed 990-EZ for 2025
- SOUTHWEST MONTANA REALTORS FOUNDATION EIN 82-2935902 · last filed 990-EZ for 2025
- SHERWOOD INN APARTMENTS INC EIN 27-0037218 · last filed 990 for 2025