Civic Intelligence

Townsend Housing Inc

EIN 81-0371435 • 501(c)3 • Helena, MT

Profile

To provide rental housing in townsend, mt suited to the special needs and living requirements of elderly or handicapped rural residents of low to moderate income.

PO Box 1717Helena, MT 59624-1717

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

94th percentile

1.06x

Higher debt load relative to assets than 94% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

92nd percentile

0.50x

Higher debt load relative to revenue than 92% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

38th percentile

-3.8%

Higher net margin than 38% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

28th percentile

-23%

Faster asset growth than 28% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

56th percentile

3.3%

Faster revenue growth than 56% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$68,380

Down $20,781 (-23%) from 2023

Liabilities

Down

$72,479

Down $15,360 (-17%) from 2023

Net Assets

Down

-$4,099

Down $5,421 (-410%) from 2023

Revenue

Up

$144,076

Up $4,591 (+3.3%) from 2023

Expenses

Up

$149,497

Up $42,147 (+39%) from 2023

Net Income

Down

-$5,421

Down $37,556 (-117%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0-$100K-$200KAssets 2008: $234,419Liabilities 2008: $287,6222008Assets 2011: $173,352Liabilities 2011: $255,093Net Assets 2011: -$81,7412011Assets 2012: $154,250Liabilities 2012: $256,698Net Assets 2012: -$102,4482012Assets 2013: $135,710Liabilities 2013: $241,676Net Assets 2013: -$105,9662013Assets 2014: $123,389Liabilities 2014: $230,884Net Assets 2014: -$107,4952014Assets 2015: $109,900Liabilities 2015: $209,515Net Assets 2015: -$99,6152015Assets 2016: $101,844Liabilities 2016: $199,663Net Assets 2016: -$97,8192016Assets 2017: $99,695Liabilities 2017: $184,493Net Assets 2017: -$84,7982017Assets 2018: $89,112Liabilities 2018: $166,314Net Assets 2018: -$77,2022018Assets 2019: $94,767Liabilities 2019: $160,425Net Assets 2019: -$65,6582019Assets 2020: $106,147Liabilities 2020: $161,593Net Assets 2020: -$55,4462020Assets 2021: $111,133Liabilities 2021: $175,326Net Assets 2021: -$64,1932021Assets 2022: $93,244Liabilities 2022: $124,057Net Assets 2022: -$30,8132022Assets 2023: $89,161Liabilities 2023: $87,839Net Assets 2023: $1,3222023Assets 2024: $68,380Liabilities 2024: $72,479Net Assets 2024: -$4,0992024

Highlighted filing

2024

Assets$68,380
Liabilities$72,479
Net Assets-$4,099

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2008: $57,576Expenses 2008: $70,113Net Income 2008: -$12,5372008Revenue 2011: $66,858Expenses 2011: $68,867Net Income 2011: -$2,0092011Revenue 2012: $90,575Expenses 2012: $111,282Net Income 2012: -$20,7072012Revenue 2013: $93,971Expenses 2013: $97,489Net Income 2013: -$3,5182013Revenue 2014: $95,207Expenses 2014: $96,736Net Income 2014: -$1,5292014Revenue 2015: $103,027Expenses 2015: $95,147Net Income 2015: $7,8802015Revenue 2016: $104,451Expenses 2016: $102,655Net Income 2016: $1,7962016Revenue 2017: $126,781Expenses 2017: $113,760Net Income 2017: $13,0212017Revenue 2018: $109,396Expenses 2018: $101,800Net Income 2018: $7,5962018Revenue 2019: $99,774Expenses 2019: $88,230Net Income 2019: $11,5442019Revenue 2020: $97,419Expenses 2020: $87,207Net Income 2020: $10,2122020Revenue 2021: $97,641Expenses 2021: $106,388Net Income 2021: -$8,7472021Revenue 2022: $137,080Expenses 2022: $104,986Net Income 2022: $32,0942022Revenue 2023: $139,485Expenses 2023: $107,350Net Income 2023: $32,1352023Revenue 2024: $144,076Expenses 2024: $149,497Net Income 2024: -$5,4212024

Highlighted filing

2024

Revenue$144,076
Expenses$149,497
Net Income-$5,421

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.68$0.72$0.04$1.44$1.49$0.05
2023Detailed filing. Detailed filing data is available for this year.$0.89$0.88$0.01$1.39$1.07$0.32
2022Detailed filing. Detailed filing data is available for this year.$0.93$1.24$0.31$1.37$1.05$0.32
2021Detailed filing. Detailed filing data is available for this year.$1.11$1.75$0.64$0.98$1.06$0.09
2020Detailed filing. Detailed filing data is available for this year.$1.06$1.62$0.55$0.97$0.87$0.10
2019Detailed filing. Detailed filing data is available for this year.$0.95$1.60$0.66$1.00$0.88$0.12
2018Detailed filing. Detailed filing data is available for this year.$0.89$1.66$0.77$1.09$1.02$0.08
2017Detailed filing. Detailed filing data is available for this year.$1.00$1.84$0.85$1.27$1.14$0.13
2016Detailed filing. Detailed filing data is available for this year.$1.02$2.00$0.98$1.04$1.03$0.02
2015Detailed filing. Detailed filing data is available for this year.$1.10$2.10$1.00$1.03$0.95$0.08
2014Detailed filing. Detailed filing data is available for this year.$1.23$2.31$1.07$0.95$0.97$0.02
2013Detailed filing. Detailed filing data is available for this year.$1.36$2.42$1.06$0.94$0.97$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.54$2.57$1.02$0.91$1.11$0.21
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.73$2.55$0.82$0.67$0.69$0.02
2008Summary only. Only limited summary data is available for this year.$2.34$2.88$0.58$0.70$0.13
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 29, 2025
Return Version
2024v5.1
Gross Receipts
$144,076
Mission and Program Overview

Mission

To provide rental housing in townsend, mt suited to the special needs and living requirements of elderly or handicapped rural residents of low to moderate income.

Program Services

DescriptionGrantsExpenses
RENTAL HOUSING FOR ELDERLY OR HANDICAPPED RURAL RESIDENTS OF LOW TO MODERATE INCOME.$0$146,644
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOAN ANDERSONDirector-$0--
JEFF MILLERDirector-$0--
KATHY MARKSDirector-$0--
LORI LADASVice President-$0--
JERRY LOENDORFPresident-$0--
LARRY MIDDAGHSecretary/ Treasurer-$0--
Filing and Contact Details

Filer

Filer Name
Townsend Housing Inc
EIN
81-0371435
Phone
4064471680
Address
PO BOX 1717, HELENA, MT 59624-1717

Signing Officer

Name
Lori Ladas
Title
Board Member
Phone
4064471680
Signed
2025-05-29
Discuss with paid preparer
Yes

Preparer

Firm
Pinion LLC
Address
828 GREAT NORTHERN BOULEVARD, HELENA, MT 59601
Preparer
Laura Craft
Phone
4064421040
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 14

Description: depreciation. Amount: 6,600. Description: other expenses. Amount: 98,472. Total to form 990-ez, line 14: 105,072.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: computer expenses. Amount: 1,020. Description: telephone. Amount: 872. Description: office expense. Amount: 308. Description: miscellaneous. Amount: 3,193. Description: vacancies. Amount: 7,744. Description: interest expense. Amount: 491. Total to form 990-ez, line 16: 13,628.

Form 990-ez, Part II, Line 24 - Other Assets

Description: accounts receivable. Beg. Of year amount: 7,390. End of year amount: 6,835.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: accounts payable. Beg. Of year amount: 3,155. End of year amount: 9,558. Description: tenant security deposits. Beg. Of year amount: 3,782. End of year amount: 3,308. Description: usda notes payable. Beg. Of year amount: 29,853. End of year amount: 6,050. Description: due to/from. Beg. Of year amount: 17,368. End of year amount: 29,173. Description: deferred rent income. Beg. Of year amount: 41. End of year amount: 286. Description: notes payable. Beg. Of year amount: 33,640. End of year amount: 24,104.

Raw XML Appendix171 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: DEPRECIATION. AMOUNT: 6,600. DESCRIPTION: OTHER EXPENSES. AMOUNT: 98,472. TOTAL TO FORM 990-EZ, LINE 14: 105,072.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: COMPUTER EXPENSES. AMOUNT: 1,020. DESCRIPTION: TELEPHONE. AMOUNT: 872. DESCRIPTION: OFFICE EXPENSE. AMOUNT: 308. DESCRIPTION: MISCELLANEOUS. AMOUNT: 3,193. DESCRIPTION: VACANCIES. AMOUNT: 7,744. DESCRIPTION: INTEREST EXPENSE. AMOUNT: 491. TOTAL TO FORM 990-EZ, LINE 16: 13,628.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 7,390. END OF YEAR AMOUNT: 6,835.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 3,155. END OF YEAR AMOUNT: 9,558. DESCRIPTION: TENANT SECURITY DEPOSITS. BEG. OF YEAR AMOUNT: 3,782. END OF YEAR AMOUNT: 3,308. DESCRIPTION: USDA NOTES PAYABLE. BEG. OF YEAR AMOUNT: 29,853. END OF YEAR AMOUNT: 6,050. DESCRIPTION: DUE TO/FROM. BEG. OF YEAR AMOUNT: 17,368. END OF YEAR AMOUNT: 29,173. DESCRIPTION: DEFERRED RENT INCOME. BEG. OF YEAR AMOUNT: 41. END OF YEAR AMOUNT: 286. DESCRIPTION: NOTES PAYABLE. BEG. OF YEAR AMOUNT: 33,640. END OF YEAR AMOUNT: 24,104.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
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