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Montana · Nonprofit

HRC COTTAGES INC

HRC COTTAGES INC (Montana) receives grants from 1 organization whose IRS filings report $174,368 to it, the largest being DISTRICT XI HUMAN RESOURCE COUNCIL INC ($174,368). 0 of them have funded it in more than one year.

Revenue FY2024
$781k
Funders on record
1
Grants received
$174k
Net assets
$-8029
0/1 repeat funders
01What it does

What Hrc Cottages Inc does

Mission

Own, operate, and maintain housing for lower income people.

As stated on its FY2024 Form 990.

Program

  1. Housing for lower income people: 269 total units of low-income housing in hamilton, corvallis, superior, stevensville, victor, missoula, st. Regis, and darby, montana rented at below market rates to lower income tenants. Properties include burnt fork apartments, willow creek apartments, edna court cottages, eagle apartments, riverside apartments, charlos apartments, cedar grove apartments, darby apartments, terrace apartments, maple cottages, parkside apartments, two rivers apartments, superior commons apartments, burnt fork place, aspen apartments, mountain view, and bitterroot commons.

    $709,839 spent$798,250 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $709,839.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($1.1M) Expenses 100 ($795k) Net assets 100 ($2.0M)2018 Revenue 48 ($509k) Expenses 115 ($913k) Net assets 29 ($580k)2019 Revenue 53 ($569k) Expenses 122 ($967k) Net assets 9 ($182k)2020 Revenue 63 ($676k) Expenses 116 ($920k) Net assets -3 ($-62258)2021 Revenue 181 ($1.9M) Expenses 181 ($1.4M) Net assets 22 ($430k)2022 Revenue 67 ($719k) Expenses 107 ($853k) Net assets 15 ($296k)2023 Revenue 70 ($750k) Expenses 108 ($861k) Net assets 9 ($185k)2024 Revenue 73 ($781k) Expenses 122 ($973k) Net assets 0 ($-8029)
'17'18'19'20'21'22'23'24
Revenue (73)Expenses (122)Net assets (0)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2017 to 2018, from $6.9M to $6.0M (−14%).

$6.9M
$6.0M
$5.6M
$5.6M
$5.6M
$5.5M
$5.4M
$5.2M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 0% · 2018 1% · 2019 1% · 2020 11% · 2021 30% · 2022 0% · 2023 0%. Grants only. Government contracts and fees sit inside program revenue.

0% of HRC COTTAGES INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (37% for the typical peer).

This organization
Typical peer · 8,334 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 6 of the last 8 reported years ran a deficit.

$275k
’17
−$404k
’18
−$398k
’19
−$244k
’20
$492k
’21
−$134k
’22
−$111k
’23
−$193k
’24
25
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

'17'18'19'20'21'22'23'24
Listed33333333
Joined·+0+0+0+0+0+0+0
No longer listed·0000000
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'24*
total
funders
1

From the IRS filings of HRC COTTAGES INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of HRC COTTAGES INC's grant income comes from Montana funders.

MT

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

HRC COTTAGES INC holds deeper cash reserves than three-quarters of the 7,828 housing & shelter nonprofits its size.

Operating margin−25% · bottom quartile
Months of reserve24.8mo · top quartile
Revenue growth (annualized)−4% · bottom quartile

this organization peer median middle 50% of peers· 7,828 housing & shelter nonprofits $100k–$1M, FY2024

Organizations like HRC COTTAGES INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Montana

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

73% of spending goes to programs.

Program 73%Management 27%Fundraising 0%

Governance

3
board members
67%
independent
✓Conflict-of-interest policy–Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

99%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Part of a family of 18 related entities

  • Hrc Superior Commons LLC · disregarded
  • Hrc Two Rivers LLC · disregarded
  • Hrc Aspen Housing LLC · disregarded
  • Hrc Edna Court Cottages LLC · disregarded
  • Hrc Mineral Properties LLC · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for HRC COTTAGES INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds HRC COTTAGES INC?
HRC COTTAGES INC (Montana) receives grants from 1 organization whose IRS filings report $174,368 to it, the largest being DISTRICT XI HUMAN RESOURCE COUNCIL INC ($174,368). 0 of them have funded it in more than one year.
How many funders does HRC COTTAGES INC have?
IRS filings report 1 organization giving $174,368 in grants to HRC COTTAGES INC.
Who is the largest funder of HRC COTTAGES INC?
DISTRICT XI HUMAN RESOURCE COUNCIL INC is the largest funder on record, with $174,368 in grants. The full list of funders is on this page.
How can an organization like HRC COTTAGES INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Montana. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing