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Big Sky Community Housing Trust Bscht

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 843391892 ✦ Big sky, MT ✦ Designated as a 501(c)(3)

Overview

What is Big Sky Community Housing Trust Bscht?

Big Sky Community Housing Trust (Bscht) is a nonprofit organization based in Big Sky, Montana. Their primary mission is to enhance the availability of affordable housing for the local workforce, contributing to the community's economy. To achieve this, they purchase deed restrictions from homeowners and homebuyers, securing workforce occupancy and prohibiting short-term rentals. These funds are typically used by homebuyers for down payment assistance and closing costs. As of December 2022, Bscht has purchased seven deed restrictions under this program. The organization also works to increase affordable rental opportunities, supports minor property management, educates the community about rental options, and was involved in the construction and management of a deed-restricted condominium development, Meadowview, for local workers.


Official website here: www.bigskyhousingtrust.com

Is Big Sky Community Housing Trust Bscht legitimate?

Big Sky Community Housing Trust Bscht is a legitimate nonprofit organization registered as a 501(c)(3) entity. Big Sky Community Housing Trust Bscht submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $119,779
Professional Fundraising Fees: $0
Other Salaries and Wages: $90,821

For more financial information, click here


Official website here: www.bigskyhousingtrust.com

What is the mission statement of Big Sky Community Housing Trust Bscht?

The Big Sky Community Housing Trust (BSCHT) aims to enhance the availability of housing to support the local workforce and economy. One of its initiatives involves construction and management of Meadowview, a deed-restricted condominium development for local workers. Additionally, the trust provides down payment assistance loans. BSCHT also strives to increase affordable rental opportunities for the community's workforce, boost the housing supply, offer minor property management support, and educate the community about rental options.


Official website here: www.bigskyhousingtrust.com

Who is the CEO of Big Sky Community Housing Trust Bscht?

David O'Connor is the Executive Dir. of Big Sky Community Housing Trust Bscht.


Official website here: www.bigskyhousingtrust.com

What is the revenue of Big Sky Community Housing Trust Bscht?

Big Sky Community Housing Trust Bscht's revenue in 2022 was $5,878,436.


Official website here: www.bigskyhousingtrust.com

Who are the executives of Big Sky Community Housing Trust Bscht and what are their salaries?

The average compensation at Big Sky Community Housing Trust Bscht during 2022 was $35,100. There are 6 employees and 20 volunteers at Big Sky Community Housing Trust Bscht.

Here are 12 key members and their salaries:

    David O'Connor (Executive Dir.)
  • Compensation: $83,500
  • Related: $0
  • Other: $0

    • Laura Seyfang (Executive Dir.)
  • Compensation: $30,000
  • Related: $0
  • Other: $6,278

    • David Brown (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rick Simkins (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kevin Hinkle (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jennifer Boutsianis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lindsay Colbert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Dean (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kenny Holtz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cleve Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephen Brown (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elise Clark (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.bigskyhousingtrust.com

    Where can I find the form 990 for Big Sky Community Housing Trust Bscht?

    The Big Sky Community Housing Trust Bscht’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.bigskyhousingtrust.com

    Learn more at the official website: www.bigskyhousingtrust.com

    Mission Statement of Big Sky Community Housing Trust Bscht

    Big Sky Community Housing Trust (BSCHT) is committed to enhancing the availability of housing to support the local workforce and economy. Their mission is threefold. Firstly, BSCHT engages in the construction and management of affordable housing units, such as Meadowview, a deed-restricted condominium development designed specifically for local workers. Secondly, the organization provides down payment assistance loans to help individuals secure these housing units. Lastly, BSCHT works tirelessly to increase the supply of affordable rental opportunities within the community's workforce. They accomplish this by offering minor property management support and educating the community about their available rental options. By fulfilling this mission, BSCHT plays a crucial role in ensuring that the local workforce has access to affordable housing, thereby contributing to the overall health and stability of the community.

    Impact

    This information is meant to be a general summary of Big Sky Community Housing Trust Bscht. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Big Sky Community Housing Trust Bscht's impact includes creating affordable housing units for the local workforce through initiatives like The Good Deeds Program. This program preserves local workforce access to existing residential inventory by purchasing deed restrictions from homebuyers or homeowners, ensuring workforce occupancy and prohibiting short-term rentals in perpetuity. Additionally, the organization has provided down payment assistance loans and helped with the construction and HOA management of Meadowview, a deed-restricted condominium development for local workers. Big Sky Community Housing Trust Bscht also works to increase affordable rental opportunities, property management support, and community education on rental options, all in support of the local workforce and economy.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $-9,329
  • Program Service Revenue: $113,991
  • Gross Receipts: $5,972,550

    • Assets and Liabilities:
  • Total Assets: $5,363,358
  • Total Liabilities: $60,381
  • Net Assets: $5,302,977
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    MANAGEMENT SERVICES

    Revenue

    $17,100

    PROPERTY MANAGEMENT

    Revenue

    $96,891

    Organization Details

    Founding Year

    2019

    Principal Officer

    David O'Connor

    Main Address

    PO BOX 160164, BIG SKY, MT, 59716

    NTEE Category

    Code: L20 - Housing

    If you are a representative of Big Sky Community Housing Trust Bscht and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.