Montana Community Development Corp
MOFI'S MISSION IS TO PROVIDE FINANCING AND ADVISORY SERVICES FOR ECONOMICALLY UNDERSERVED AND DISTRESSED POPULATIONS AND AREAS, TRANSFORMING LIVES AND COMMUNITIES.
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$148.0M
+36.1% YoY
Annual Giving
$70K
+16.7% YoY
Grant Count
1
-66.7% YoY
Avg Grant Size
$70K
+250.0% YoY
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $147,958,538 | $108,692,503 | $89,408,341 |
| Revenue | $35,080,929 | $18,875,682 | $20,160,998 |
| Expenses | $19,074,018 | $13,420,404 | $9,817,635 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $1,310,203 | $1,031,270 | $96,945 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
71 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Montana Community Development Corp fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| HEIDI DEARMENT | PRESIDENT & CEO (FROM 2/24) | 40 | $836,302 |
| DAVID GLASER | OUTGOING PRESIDENT (THROUGH 5/24) | 40 | $454,772 |
| NANCY QUIST | CHAIRPERSON | 1 | — |
| TOM SEVERSON | SECRETARY | 1 | — |
| ALLISON JOHNSTON | TREASURER | 1 | — |
| KALLI RYTI | DIRECTOR | 1 | — |
| SARA SMITH | OUTGOING DIRECTOR | 1 | — |
| ROBERT VILLAREAL | DIRECTOR (FROM 3/24) | 1 | — |
| NATALIE CAMACHO MENDOZA | OUTGOING DIRECTOR | 1 | — |
| LISA COOPER | OUTGOING DIRECTOR | 1 | — |
| SERENA RUNDBERG | DIRECTOR | 1 | — |
| JOSE VILLALOBOS | DIRECTOR (FROM 3/24) | 1 | — |
| DON KING | DIRECTOR | 1 | — |
| BOB GAUTHIER | OUTGOING DIRECTOR | 1 | — |
| JORDAN RUIZ | DIRECTOR (FROM 9/24) | 1 | — |
| GREG ASTLE | CFO | 40 | $598,295 |
| BEN WRIGHT | VICE PRESIDENT (FROM 11/24) | 40 | $491,789 |
| LEAH KNICKERBOCKER | CHIEF LENDING OFFICER | 40 | $209,369 |
| ALYSSA PETERMAN | CHIEF SALES OFFICER | 40 | $217,293 |
| BETSY BEAUVAIS | CHIEF LEARNING AND DEVELOP | 40 | $475,995 |
| RACHEL MCDONOUGH | CONTROLLER | 40 | $247,873 |
| KANDRA ROBERTS | DIRECTOR OF IMPACT & COMPLIANCE | 40 | $179,573 |
| MADISON BROOKE | CHIEF OPERATING OFFICER | 40 | $170,195 |
| KATHERINE LANE | CHIEF PEOPLE OFFICER | 40 | $220,000 |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
States
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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