Nonprofit · EIN 87-0620659
ROCKY MOUNTAIN COMMUNITY REINVESTMENT CORPORATION
Tax-exempt · SALT LAKE CTY, UT 84107
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $23,615,678 | $22,029,829 | $1,585,849 | $515,454,312 | $500,299,293 | $15,155,019 |
| December 31, 2024 | 990 | $21,428,471 | $20,141,179 | $1,287,292 | $468,815,435 | $455,246,265 | $13,569,170 |
| December 31, 2023 | 990 | $16,862,552 | $16,147,329 | $715,223 | $409,404,552 | $397,122,674 | $12,281,878 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $116,250
- Program service revenue
- $23,499,428
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $19,780
- Compensation of officers, directors and key employees
- $1,503,818
- Other salaries and wages
- $76,246
- Salaries, compensation and benefits (total)
- $2,201,549
- Professional fundraising fees
- $0
- Occupancy
- $84,509
- Travel
- $129,529
- Depreciation
- $16,090
- Program services (functional)
- $20,250,366
- Management and general (functional)
- $879,877
- Fundraising (functional)
- $899,586
Balance sheet and other
- Total assets, start of year
- $468,815,435
- Total assets, end of year
- $515,454,312
- Total liabilities, end of year
- $500,299,293
- Net assets, end of year
- $15,155,019
- Land, buildings and equipment
- $41,012
- Net assets without donor restrictions
- $15,155,019
- Gross receipts
- $23,615,678
- Employees
- 17
- Volunteers
- 46
- Year formed
- 1999
- State of legal domicile
- UT
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 | Other / benefits |
|---|---|---|---|---|
| CHRISTOPHER JENSEN | PRESIDENT & CEO Officer | 40 | $521,319 | $89,401 |
| DAVID RIP | TREASURER & CFO Officer | 40 | $320,293 | $80,986 |
| NICHOLAS BERGER | CHIEF LENDING OFFICER Officer | 40 | $267,461 | $70,255 |
| JOHN MONTGOMERY | CHIEF RISK OFFICER Officer | 40 | $278,642 | $58,402 |
| ADAM KEENE | CONTROLLER Key employee | 40 | $239,733 | $40,992 |
| MENDI LEISURE | CHIEF OPERATING OFFICER Officer | 40 | $238,325 | $33,984 |
| NATASHA PFEIFFER | SENIOR LOAN OFFICER Highest-paid employee | 40 | $181,412 | $44,082 |
| AARON HAROLDSEN | SENIOR CREDIT OFFICER Highest-paid employee | 40 | $137,326 | $41,649 |
| MATTHEW HAYNES | LOAN CLOSING MANGAGER Highest-paid employee | 40 | $158,194 | $14,594 |
| VICKIE ENSLEY | CLOSING MANAGER Highest-paid employee | 40 | $118,523 | $25,730 |
| GARY NEIBAUR | ACCOUNTANT Highest-paid employee | 40 | $127,564 | $11,495 |
| SAM BENTLEY | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| ROBERT LIKES | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| ALYSA PETERSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ANNIE PERIZZOLO | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
6 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DIANA SASSER | BOARD MEMBER Trustee or director | 1 | $0 |
| DOUG SNYDER | BOARD MEMBER Trustee or director | 1 | $0 |
| JAN BERGESON | BOARD MEMBER Trustee or director | 1 | $0 |
| SEPENCER MCALLISTER | BOARD MEMBER Trustee or director | 1 | $0 |
| JED CROOKSTON | BOARD MEMBER Trustee or director | 1 | $0 |
| ROBERT HAMMOCK | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 33 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CHRISTOPHER JENSEN | PRESIDENT & CEO FEB-DEC Officer | 40 | $324,554 | $24,933 |
| DAVID RIP | TREASURER & CFO Officer | 40 | $296,408 | $52,854 |
| JOHN MONTGOMERY | CHIEF RISK OFFICER Officer | 40 | $259,031 | $31,639 |
| NICHOLAS BERGER | CHIEF LENDING OFFICER Officer | 40 | $221,128 | $44,335 |
| ADAM KEENE | CONTROLLER Key employee | 40 | $220,969 | $33,950 |
| STEVEN NIELSEN | PRESIDENT & CEO JAN-MAR Officer | 40 | $190,203 | $12,990 |
| MENDI LEISURE | CHIEF OPERATING OFFICER Officer | 40 | $182,101 | $14,213 |
| NATASHA PFEIFFER | SENIOR LOAN OFFICER Highest-paid employee | 40 | $149,719 | $36,054 |
| AARON HAROLDSEN | SENIOR CREDIT OFFICER Highest-paid employee | 40 | $121,309 | $35,054 |
| MATTHEW HAYNES | LOAN CLOSING MANGAGER Highest-paid employee | 40 | $137,016 | $16,635 |
| VICKIE ENSLEY | CLOSING MANAGER Highest-paid employee | 40 | $110,656 | $22,083 |
| GARY NEIBAUR | ACCOUNTANT Highest-paid employee | 40 | $117,105 | $8,954 |
| SAM BENTLEY | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| ROBERT LIKES | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| ALYSA PETERSON | BOARD MEMBER JAN-SEPT Trustee or director | 1 | $0 | $0 |
| ANNIE PERIZZOLO | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CHRIS PARKER | BOARD MEMBER JAN-SEPT Trustee or director | 1 | $0 | $0 |
| DEREK TUCKETT | BOARD MEMBER JAN-SEPT Trustee or director | 1 | $0 | $0 |
| GREG RICH | BOARD MEMBER JAN-SEPT Trustee or director | 1 | $0 | $0 |
| DIANA SASSER | BOARD MEMBER SEPT-DEC Trustee or director | 1 | $0 | $0 |
| DOUG SNYDER | BOARD MEMBER SEPT-DEC Trustee or director | 1 | $0 | $0 |
| REED DIXION | BOARD MEMBER JAN-SEPT Trustee or director | 1 | $0 | $0 |
| JAN BERGESON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SHARLENE WILDE | BOARD MEMBER JAN-SEPT Trustee or director | 1 | $0 | $0 |
| SEPENCER MCALLISTER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| STEPHANIE WHITE | BOARD MEMBER JAN-SEPT Trustee or director | 1 | $0 | $0 |
| TONY MILNER | BOARD MEMBER JAN-SEPT Trustee or director | 1 | $0 | $0 |
| WILLIAM WHETSTONE | BOARD MEMBER JAN-SEPT Trustee or director | 1 | $0 | $0 |
| DAVID SNEDAKER | BOARD MEMBER JAN-SEPT Trustee or director | 1 | $0 | $0 |
| DAVID DAMSCHEN | BOARD MEMBER JAN-SEPT Trustee or director | 1 | $0 | $0 |
| MICHAEL PALMER | BOARD MEMBER JAN-SEPT Trustee or director | 1 | $0 | $0 |
| JED CROOKSTON | BOARD MEMBER SEPT-DEC Trustee or director | 1 | $0 | $0 |
| ROBERT HAMMOCK | BOARD MEMBER SEPT-DEC Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 29 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| STEVEN NIELSEN | PRESIDENT & CEO Officer | 40 | $296,509 | $44,561 |
| DAVID RIP | TREASURER & CFO Officer | 40 | $262,825 | $45,144 |
| NICHOLAS BERGER | CHIEF LENDING OFFICER Officer | 40 | $236,588 | $43,328 |
| JOHN MONTGOMERY | CHIEF RISK OFFICER Officer | 40 | $209,310 | $36,768 |
| NATASHA PFEIFFER | LOAN OFFICER Key employee | 40 | $154,455 | $34,794 |
| MENDI LEISURE | SECRETARY Highest-paid employee | 40 | $144,204 | $10,015 |
| ADAM KEENE | CONTROLLER Highest-paid employee | 40 | $131,775 | $18,584 |
| MATTHEW HAYNES | LOAN CLOSING MANAGER Highest-paid employee | 40 | $120,735 | $10,970 |
| AARON HAROLDSEN | SENOIR CREDIT OFFICER Highest-paid employee | 40 | $100,901 | $18,053 |
| GARY NEIBAUR | ACCOUNTANT Highest-paid employee | 40 | $105,873 | $7,037 |
| SAM BENTLEY | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| ROBERT LIKES | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| MICHAEL PALMER | PAST CHAIR Trustee or director | 1 | $0 | $0 |
| STEPHANIE WHITE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SPENCER MCALLISTER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SHARLENE WILDE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| REED DIXON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| TONY MILNER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ANNIE PERIZZOLO | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| GREG RICH | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| WILLIAM WHETSTONE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DEREK TUCKETT | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ALYSA PETERSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CHRIS PARKER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DAN SIMPSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DAVID DAMSCHEN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DAVID SNEDAKER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JONATHAN HANKS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JAN BERGESON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 64 E WINCHESTER ST STE 330, SALT LAKE CTY, UT 84107-5613
- In care of
- % THOMAS T BILLINGS
- Principal officer (990 for 2025)
- CHRISTOPHER JENSEN, 64 E WINCHESTER STREET 330, SALT LAKE CITY, UT 84107
- Signed the 990
- DAVID RIP, TREASURER
- Phone
- (801) 449-1860
- Website
- RMCRC.ORG
- Return prepared by
- EIDE BAILLY ADVISORY LLC
Mission
THE ROCKY MOUNTAIN COMMUNITY REINVESTMENT CORPORATION FACILITATES THE DEVELOPMENT AND PRESERVATION OF AFFORDABLE HOUSING AND COMMUNITY FACILITIES THAT SERVE LOW TO MODERATE INCOME FAMILIES AND UNDERSERVED COMMUNITIES.
Program accomplishments
- ROCKY MOUNTAIN COMMUNITY REINVESTMENT CORPORATION (RMCRC) WAS FORMED ON MARCH 19, 1999, AND BEGAN GRANTING LOANS IN 2000. RMCRC IS A NONPROFIT, COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION WORKING IN COOPERATION WITH ITS MEMBER BANKS (MEMBERS) SERVING AS A CATALYST FOR COMMUNITY DEVELOPMENT BY OFFERING FLEXIBLE FINANCING FOR AFFORDABLE, QUALITY HOUSING TO ASSIST THE ROCKY MOUNTAIN REGION'S LOW AND MODERATE-INCOME RESIDENTS, WORKING WITH GOVERNMENT AGENCIES TO MAXIMIZE LEVERAGE OF PUBLIC AND PRIVATE DOLLARS, AND PROVIDING TECHNICAL ASSISTANCE TO PROJECT SPONSORS. RMCRC USES A POOL OF FUNDS PROVIDED BY ITS MEMBERS UNDER THE INTERCREDITOR AGREEMENT (ICA) ALONG WITH THE SALE OF DIRECT LOAN PARTICIPATIONS TO FUND LOANS TO MORTGAGORS. RMCRC IS A REGISTERED COMMUNITY DEVELOPMENT INSTITUTION FUND (CDFI).Expenses $20,250,366 · grants $19,780 · revenue $23,499,428
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
- 87-0620659
- 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
- 2016
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S31)
- Assets (IRS master file)
- $515,454,312
- Income (IRS master file)
- $23,615,678
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $23,615,678 | $22,029,829 | $515,454,312 | XML |
| 990 | December 2024 | $21,428,471 | $20,141,179 | $468,815,435 | XML |
| 990 | December 2023 | $16,862,552 | $16,147,329 | $409,404,552 | XML |
| 990 | December 2022 | $14,309,085 | $13,554,340 | $316,858,428 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 87-0620659).
Questions about ROCKY MOUNTAIN COMMUNITY REINVESTMENT CORPORATION
- What is the EIN of ROCKY MOUNTAIN COMMUNITY REINVESTMENT CORPORATION?
- The employer identification number (EIN) of ROCKY MOUNTAIN COMMUNITY REINVESTMENT CORPORATION is 87-0620659.
- Is ROCKY MOUNTAIN COMMUNITY REINVESTMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to ROCKY MOUNTAIN COMMUNITY REINVESTMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ROCKY MOUNTAIN COMMUNITY REINVESTMENT CORPORATION 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 ROCKY MOUNTAIN COMMUNITY REINVESTMENT CORPORATION 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 ROCKY MOUNTAIN COMMUNITY REINVESTMENT CORPORATION 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 ROCKY MOUNTAIN COMMUNITY REINVESTMENT CORPORATION?
- The 990 for the year ended December 31, 2025 names CHRISTOPHER JENSEN.
- Who are the officers and directors of ROCKY MOUNTAIN COMMUNITY REINVESTMENT CORPORATION?
- The 990 for the year ended December 31, 2025 lists 21 people; 11 received compensation from the organization, the highest $521,319 (CHRISTOPHER JENSEN, PRESIDENT & CEO).
- How much revenue does ROCKY MOUNTAIN COMMUNITY REINVESTMENT CORPORATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $23,615,678, expenses of $22,029,829 and total assets of $515,454,312 at year end.
Other nonprofits in SALT LAKE CTY
- UTAH SPORTS COMMISSION EIN 87-0650627 · last filed 990 for 2025
- 47G UTAH AEROSPACE & DEFENSE EIN 88-3427002 · last filed 990 for 2024
- HOUSING ASSISTANCE MANAGEMENT ENTERPRISE EIN 87-0501094 · last filed 990 for 2024
- GO3ETA INC EIN 26-0583558 · last filed 990 for 2025
- WASATCH COMMUNITY GARDENS EIN 74-2550359 · last filed 990 for 2025
- ENVISION UTAH EIN 87-0462205 · last filed 990 for 2024
- ECONOMIC DEVELOPMENT CORP OF UTAH EIN 74-2502619 · last filed 990 for 2025
- UTAH ADVANCED MATERIALS MANUFACTURING INITIATIVE EIN 81-3657193 · last filed 990 for 2024
All nonprofits in SALT LAKE CTY · Utah · Community improvement and capacity building