Civic Intelligence

Summit Apartments Inc

EIN 81-0542899 • 501(c)3 • Bozeman, MT

Profile

Provide for low income housing

32 S Tracey AveBozeman, MT 59715

n/A

Siviq Scores

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

Liabilities / Assets

95th percentile

1.43x

Higher debt load relative to assets than 95% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

99th percentile

7.04x

Higher debt load relative to revenue than 99% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Net Margin

19th percentile

-30%

Higher net margin than 19% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2025

Asset Growth

45th percentile

-5.4%

Faster asset growth than 45% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

55th percentile

1.8%

Faster revenue growth than 55% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Assets

Down

$310,676

Down $17,658 (-5.4%) from 2024

Liabilities

Up

$445,283

Up $1,517 (+0.3%) from 2024

Net Assets

Down

-$134,607

Down $19,175 (-17%) from 2024

Revenue

Up

$63,267

Up $1,107 (+1.8%) from 2024

Expenses

Up

$82,442

Up $26,954 (+49%) from 2024

Net Income

Down

-$19,175

Down $25,847 (-387%) from 2024

Trend Graphs

Balance Sheet Trend

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

$600K$400K$200K$0-$200KAssets 2011: $447,519Liabilities 2011: $442,7782011Assets 2012: $449,864Liabilities 2012: $441,7752012Assets 2013: $454,636Liabilities 2013: $442,2412013Assets 2014: $456,000Liabilities 2014: $443,0942014Assets 2015: $452,787Liabilities 2015: $443,411Net Assets 2015: $9,3762015Assets 2016: $441,036Liabilities 2016: $442,062Net Assets 2016: -$1,0262016Assets 2017: $446,663Liabilities 2017: $441,059Net Assets 2017: $5,6042017Assets 2018: $431,770Liabilities 2018: $441,989Net Assets 2018: -$10,2192018Assets 2019: $384,272Liabilities 2019: $440,934Net Assets 2019: -$56,6622019Assets 2020: $389,901Liabilities 2020: $440,985Net Assets 2020: -$51,0842020Assets 2021: $365,786Liabilities 2021: $441,531Net Assets 2021: -$75,7452021Assets 2022: $376,641Liabilities 2022: $445,793Net Assets 2022: -$69,1522022Assets 2023: $322,988Liabilities 2023: $445,092Net Assets 2023: -$122,1042023Assets 2024: $328,334Liabilities 2024: $443,766Net Assets 2024: -$115,4322024Assets 2025: $310,676Liabilities 2025: $445,283Net Assets 2025: -$134,6072025

Highlighted filing

2025

Assets$310,676
Liabilities$445,283
Net Assets-$134,607

Operations Trend

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

$150K$100K$50K$0-$50K-$100KRevenue 2011: $58,487Expenses 2011: $51,697Net Income 2011: $6,7902011Revenue 2012: $63,868Expenses 2012: $60,520Net Income 2012: $3,3482012Revenue 2013: $59,023Expenses 2013: $54,717Net Income 2013: $4,3062013Revenue 2014: $60,360Expenses 2014: $59,849Net Income 2014: $5112014Revenue 2015: $61,901Expenses 2015: $65,431Net Income 2015: -$3,5302015Revenue 2016: $61,076Expenses 2016: $71,479Net Income 2016: -$10,4032016Revenue 2017: $61,449Expenses 2017: $54,819Net Income 2017: $6,6302017Revenue 2018: $60,771Expenses 2018: $76,594Net Income 2018: -$15,8232018Revenue 2019: $57,327Expenses 2019: $103,770Net Income 2019: -$46,4432019Revenue 2020: $62,411Expenses 2020: $56,833Net Income 2020: $5,5782020Revenue 2021: $61,678Expenses 2021: $86,339Net Income 2021: -$24,6612021Revenue 2022: $61,111Expenses 2022: $54,518Net Income 2022: $6,5932022Revenue 2023: $61,784Expenses 2023: $114,736Net Income 2023: -$52,9522023Revenue 2024: $62,160Expenses 2024: $55,488Net Income 2024: $6,6722024Revenue 2025: $63,267Expenses 2025: $82,442Net Income 2025: -$19,1752025

Highlighted filing

2025

Revenue$63,267
Expenses$82,442
Net Income-$19,175

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.11$4.45$1.35$0.63$0.82$0.19
2024Detailed filing. Detailed filing data is available for this year.$3.28$4.44$1.15$0.62$0.55$0.07
2023Detailed filing. Detailed filing data is available for this year.$3.23$4.45$1.22$0.62$1.15$0.53
2022Detailed filing. Detailed filing data is available for this year.$3.77$4.46$0.69$0.61$0.55$0.07
2021Detailed filing. Detailed filing data is available for this year.$3.66$4.42$0.76$0.62$0.86$0.25
2020Detailed filing. Detailed filing data is available for this year.$3.90$4.41$0.51$0.62$0.57$0.06
2019Detailed filing. Detailed filing data is available for this year.$3.84$4.41$0.57$0.57$1.04$0.46
2018Detailed filing. Detailed filing data is available for this year.$4.32$4.42$0.10$0.61$0.77$0.16
2017Detailed filing. Detailed filing data is available for this year.$4.47$4.41$0.06$0.61$0.55$0.07
2016Detailed filing. Detailed filing data is available for this year.$4.41$4.42$0.01$0.61$0.71$0.10
2015Detailed filing. Detailed filing data is available for this year.$4.53$4.43$0.09$0.62$0.65$0.04
2014Summary only. Only limited summary data is available for this year.$4.56$4.43$0.60$0.60$0.01
2013Summary only. Only limited summary data is available for this year.$4.55$4.42$0.59$0.55$0.04
2012Summary only. Only limited summary data is available for this year.$4.50$4.42$0.64$0.61$0.03
2011Summary only. Only limited summary data is available for this year.$4.48$4.43$0.58$0.52$0.07
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Feb 24, 2026
Return Version
2024v5.2
Gross Receipts
$63,267
Mission and Program Overview

Mission

Provide for low income housing

Program Services

DescriptionGrantsExpenses
SUMMIT PLACE APARTMENTS-PROVIDE LOW-INCOME HOUSING UPONTHE TRANSFER OF PHYSICAL ASSETS FROM THE DEPARTMENT OFHOUSING AND URBAN DEVELOPMENT.-$82,442
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
HEATHER GRENIERPresident-$0--
MARK WOODARDTreasurer-$0--
SARA SAVAGESecretary-$0--
DANIEL MCINERNEYMember-$0--
THOMAS LEEMember-$0--
Alyse BakerMember-$0--
LILA FLEISHMANVice President-$0--
Filing and Contact Details

Filer

Filer Name
Summit Apartments Inc
EIN
81-0542899
Phone
4065874486
Address
32 S Tracey Ave, Bozeman, MT 59715

Signing Officer

Name
Heather Grenier
Title
President
Signed
2026-02-24
Discuss with paid preparer
Yes

Preparer

Firm
Carver Florek & James LLC
Address
2315 McDonald Avenue Suite 300, Missoula, MT 59801
Preparer
Angel Sharp CPA
Phone
4067285539
Supplemental Narrative

Additional Explanations

Other Expenses.1001

Advertising and Promotion $56

Other Expenses.1002

Office Expenses $756

Other Expenses.1005

Travel $26

Other Expenses.1009

Depreciation $15166

Other Expenses.1012

Insurance $6607

Other Expenses.1

Repair & maintenance $14903

Other Expenses.2

Training $736

Other Expenses.3

BAD DEBT $546

Other Expenses.4

SUPPLIES $83

Other Expenses.5

OTHER $30

Other Assets.1003

Machinery and Equipment - Beginning $674 Machinery and Equipment - Ending $406

Other Assets.1005

Accounts Receivable - Beginning $-657 Accounts Receivable - Ending $-394

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $4166 Accounts Payable and Accrued Expenses - Ending $5406

Total Liabilities.1

Note Payable - Beginning $438100 Note Payable - Ending $438100

Total Liabilities.2

- Beginning $0 - Ending $0

Compensation Explanation

All officers/directors are paid solely by hrdc of district ix, inc. All officers/directors are full time employees of hrdc of district ix, inc.

Raw XML Appendix189 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/ExplanationTxt14- Beginning $0 - Ending $0
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/Filer/EIN0810542899
ReturnHeader/Filer/PhoneNum04065874486
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