Gfrm Nmtc Holdings is located in Great Falls, MT. The organization was established in 2015. According to its NTEE Classification (X11) the organization is classified as: Single Organization Support, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gfrm Nmtc Holdings is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2021, Gfrm Nmtc Holdings generated $105.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (16.0%) each year. All expenses for the organization totaled $173.8k during the year ending 09/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SERVE AS A SUPPORTING ORGANIZATION FOR THE GREAT FALLS RESCUE MISSION, A MONTANA NONPROFIT
Describe the Organization's Program Activity:
Part 3 - Line 4a
PARTICIPATE IN THE NEW MARKETS TAX CREDIT TRANSACTION TO ALLOW THE GREAT FALLS RESCUE MISSION TO CONSTRUCT A NEW FACILITY LOCATED IN GREAT FALLS, MONTANA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Don Spurgeon President | OfficerTrustee | $0 | |
Art Dickhoff Director | Trustee | $0 | |
Nancy Rowell Director | Trustee | $0 | |
Michael Plummer Director | Trustee | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $105,199 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $105,199 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $68,500 |
Fees for services: Other | $101 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $105,199 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $173,800 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $54,414 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $8,425,937 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $8,480,351 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $10,044,625 |
Other liabilities | $0 |
Total liabilities | $10,044,625 |
Net assets without donor restrictions | -$1,618,686 |
Net assets with donor restrictions | $54,412 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $8,480,351 |
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---|---|---|
Bird Of Pray Foundation Billings, MT | $827,378 | $392,578 |
New Leaf Ministries Inc Emmett, ID | $55,171 | $212,969 |
New Life Center Foundation Fargo, ND | $3,327,695 | $206,411 |
St Matthews Foundation Gillette, WY | $4,226,995 | $239,436 |
Gfrm Nmtc Holdings Great Falls, MT | $8,480,351 | $105,199 |
New Mount Carmel Foundation Inc Meeteetse, WY | $40,558,110 | $8,734,020 |
Lakota Peace Initiative Hot Springs, SD | $146,360 | $0 |
St Pauls United Methodist Church Endowment Foundation Jamestown, ND | $857,550 | $91,511 |
Church Builders Incorporated Boise, ID | $16,980 | $0 |
Man Up Adventures Inc Mc Allister, MT | $59,879 | $0 |
First Baptist Church Foundation Sioux Falls, SD | $2,013,854 | $370,272 |
Audrey T Lee Trust Ua Williston, ND | $1,251,446 | $78,465 |