Montana Development Corporation

Revenue, expenses, and employee compensationIRS Form 990 totals for revenue, expenses, and employee compensation (salaries, other compensation, and employee benefits).

No board members were reported during this fiscal year.

Mission Statement

The organization's primary exempt purpose is the leasing of 16 one- and two-bedroom apartments to low-income persons in a building owned by the organization. The Montana Development Corporation was originally formed in 1991 out of a partnership of three 501 (c)(3) organizations, one of which is the Bloomfield-Garfield Corporation. The other two organizations no longer occupy seats on the board of directors, having voluntarily left the organization. This leaves the Bloomfield-Garfield Corporation as the sole entity authorized to appoint the members to the board of the Montana Development Corp.