HRC Cottages Inc
Donations deductibleRevenue
$781k
year to 31 December 2024
Expenses
$973k
year to 31 December 2024
Total assets
$5.2m
$5.2m liabilities
Net assets
Minus $8k
assets less liabilities
Directors and trustees
3
8.4y av
Staff
10
employees, year to 31 December 2024
Left since last filing
0
no seats appear to have opened
Voting members
3
reported in Part VI
HRC Cottages Inc's network
3 people6 organisationsi3 people and 6 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (3). Violet dotted lines (8) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
3 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Tenure and departures are observed across annual filings. Observed tenure is a lower bound - a member may have joined before the first year on record. The organisation reported 3 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Charlie Wellenstein | Company secretary | 2018 | 8 yrs |
| Jim Morton | President | 2018 | 8 yrs |
| Larry Degarmo | Vice President | 2018 | 8 yrs |
Under 5 years5 to 6 years6 years or more
Pay and hours
year to 31 December 2024iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Jim Morton | President | 10 | $30k | ||
| Larry Degarmo | Vice President | 1 | $0 | ||
| Charlie Wellenstein | Secretary | 1 | $0 |
About
- Legal name
- HRC Cottages Inc
- EIN
- 810521301
- Address
- 1801 S Higgins Ave, Missoula, MT, 59801-5763
- State
- Montana
- Mission
- Own, operate, and maintain housing for lower income people. (as filed on the Form 990)
- Activity (NTEE)
- L20 Housing and shelter
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Housing & Shelter
- Size band
- 7 (IRS master file code)
- Formed
- 1998
- Principal officer
- Jim Morton (as named on the Form 990)
- IRS ruling date
- 1 March 2000
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 7, latest 2024
- IRS Publication 78
- PC (contributions deductible)
Most connected
Related organisations (Schedule R)
RelatedPURCHASE & DEVELOP REAL ESTATE FOR THE BENEFIT OF LOW-INCOME INDIVIDUALS.HRC Development IncRelatedVOLUNTARY EMPLOYEE BENEFICIARY ASSOCIATIONDistrict Xi HRC Veba IncRelatedADVOCATE FOR LOW-INCOME, PUBLIC BENEFIT CORPORATIONDistrict Xi HRCRelatedOPERATE THE PARKSIDE APARTMENTS IN HAMILTON, MTHRC Parkside Inc
Longest observed on the filings
≥8years on the filingsCharlie Wellenstein
≥8years on the filingsJim Morton
≥8years on the filingsLarry Degarmo
Latest return
year to 31 December 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2024. US dollars, as filed.- Total assets
- $5.2m
- Total liabilities
- $5.2m
- Net assets or fund balances
- Minus $8k
- Contributions and grants received
- $0
- Program service revenue
- $792k
- Employees
- 10
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $781k | $973k | Deficit $193k |
As filed on the IRS Form 990. US dollars.