Shermont Manor Housing Corporation

Organization Overview

Shermont Manor Housing Corporation is located in Sheridan, MT. The organization was established in 2002. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shermont Manor Housing Corporation 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 09/2023, Shermont Manor Housing Corporation generated $214.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $307.5k during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO DEVELOP, MAINTAIN, AND OPERATE HOUSING FACILITIES FOR LOW-INCOME PEOPLE IN BUTTE-SILVER BOW, ANACONDA-DEER LODGE, POWELL, GRANITE, MADISON, AND BEAVERHEAD COUNTIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SUBSIDIZED HOUSING COMPLEXES FOR THE LOW-INCOME ELDERLY CITIZENS OF THE COMMUNITY OF SHERIDAN AND LOW INCOME CITIZENS OF ENNIS AND DEER LODGE, MONTANA.


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Board, Officers & Key Employees

Name (title)Compensation
Jim Fay
President
$0
Marilyn Ross
Vice President
$0
Bob Henry
Secretary/treasurer
$0
Dodie Rennfield
Board Member
$0
Charity Fechter
Board Member
$0
Margie Seccomb
CEO
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $123,906
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$123,906
Total Program Service Revenue$90,215
Investment income $307
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
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 $214,753

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