Rocky Mountain Mutual Housing Association Inc

Organization Overview

Rocky Mountain Mutual Housing Association Inc is located in Denver, CO. The organization was established in 1995. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, under the broad grouping of Housing & Shelter and related organizations. As of 12/2023, Rocky Mountain Mutual Housing Association Inc employed 101 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Rocky Mountain Mutual Housing Association Inc 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 12/2023, Rocky Mountain Mutual Housing Association Inc generated $17.5m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 20.6% each year . All expenses for the organization totaled $20.9m during the year ending 12/2023. While expenses have increased by 24.0% per year over the past 9 years. They've been increasing with an increasing level of total revenue. 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

ROCKY MOUNTAIN COMMUNITIES MISSION IS TO BUILD BRIGHTER FUTURES BY INVESTING IN RESIDENT FOCUSED AFFORDABLE HOUSING AND SERVICES, EMPOWERING INDIVIDUALS AND FAMILIES TO THRIVE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ROCKY MOUTAIN COMMUNITIES MANAGED AND OPERATED EIGHT INCOME RESTRICTED PROPERTIES. PROGRAMS AND SERVICES WERE PROVIDED AT FOUR PROPERTIES; INCLUDING SUMMER ENRICHMENT AND AFTERSCHOOL PROGRAMS AND PROGRAMS FOR SENIOR RESIDENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Angel Hurtado
Vice Chair
$0
Greg Litvak
Chair
$0
Tom Konkel
Secretary/treasurer
$0
Robert Watts
Director
$0
Max Segall
Director
$0
Lauren Bernstein
Director
$0

Financial Statements

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$695,068
Noncash contributions included in lines 1a–1f $8,450
Total Revenue from Contributions, Gifts, Grants & Similar$695,068
Total Program Service Revenue$16,343,659
Investment income $410,082
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 $17,498,353

Peer Organizations

Organization NameAssets
Rocky Mountain Mutual Housing Association Inc
Denver, CO
$17,498,353
Equality Community Housing Corporation
Glendale, AZ
$21,298,160
Irc Ii Inc
Omaha, NE
$15,041,062
Community Housing Concepts Inc
Denver, CO
$9,537,294
Ark Regional Services Inc
Laramie, WY
$8,579,595
Mercy Housing Northwest
Denver, CO
$18,608,088
Elevation Community Land Trust
Denver, CO
$12,223,973
Arizona Housing Inc
Phoenix, AZ
$6,655,004
Community Resources & Housing Development Corporation
Westminster, CO
$6,041,584
Residences At Eaton Senior Communities
Lakewood, CO
$5,045,629
Hope Communities Inc
Denver, CO
$4,216,894
Thistle Community Housing
Boulder, CO
$4,242,640
Housing In Omaha Inc
Omaha, NE
$6,181,974
Rainbow Housing Assistance Corporation
Glendale, AZ
$4,295,442
Kivel Manor Inc
Phoenix, AZ
$3,402,119
Rocky Mountain Mutual Housing Association Inc
Denver, CO
$2,609,294
Affordable Community Housing Trust
Edmond, OK
$3,021,374
Assisi Homes-Batavia Apartments Inc
Denver, CO
$3,956,638
Mercy Housing Wheaton Nfp
Denver, CO
$1,690,164
Hover Village Inc
Longmont, CO
$954,664
Villages Ltd
Fort Collins, CO
$10,645,177
Utah Regional Housing Corporation
Provo, UT
$8,123,959
Tierra Del Sol Housing Corporation
Las Cruces, NM
$2,505,341
Housing America Corporation
Somerton, AZ
$3,554,213
Mercy Properties California
Denver, CO
$4,839,763

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