MONTANA HOMEOWNERSHIP NETWORK INC

Creating Housing Opportunities Across Montana

aka NeighborWorks Montana   |   Great Falls, MT   |  www.nwmt.org

Mission

Mission Statement Together we strengthen our communities by providing education and financing that gives every Montanan the opportunity to live in a home where they can thrive. Vision Statement That all Montanans have a safe and stable home.

Ruling year info

2002

Executive Director

Kaia Peterson

Main address

P.O. Box 1025

Great Falls, MT 59403 USA

Show more contact info

EIN

81-0543240

NTEE code info

Other Housing, Shelter N.E.C. (L99)

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

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Communication

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

Story after story about high home prices and low wages can be discouraging. But it’s important to remember that there are Montana solutions to these Montana challenges, and NeighborWorks Montana is dedicated to finding these solutions. Montana’s real estate market can be one of opportunity for everybody. Our communities can be welcoming places where Veterans returning from service can have homes and raise their families. They can be supportive places where our elders can continue to live healthily. And they can be safe places where kids eat dinner, learn, spend time with family and play with neighbors. When people can afford their homes, the economic and social return provides benefit for us all. People living within their means can become more involved in local groups, associations, and neighborhoods. The work we do changes lives – the lives of Veterans, children, seniors – the lives of Montanans. Support NeighborWorks Montana and together we can make Montana home!

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Homebuyer Education & Counseling

Homebuyer education is taught to Montanans by HUD-certified trainers. Housing counseling in small groups or one-to-one is offered to homebuyers annually. In addition to education and counseling, we also offer programs to help homebuyers with their down payment and closing costs.

Population(s) Served
Adults

Lending Programs for Homebuyers
NeighborWorks Montana offers loan programs that enable individuals and families of lower and moderate income to achieve the American Dream of homeownershinumber of people in the family, and credit worthiness.
For families that qualify for first mortgages from a financial institution, NWMT has loans for down-payment and closing costs.
For families that cannot afford to make full payments, NWMT has second mortgages which do not require monthly payments and are repaid when the home is paid off, sold or is no longer the principal residence.
First mortgages at low-interest rates are available through lenders from special set-asides from the Montana Board of Housing and USDA Rural Development.

Population(s) Served
Adults

NWMT partners offer foreclosure prevention counseling and loans for homeowners who need help catching up on their mortgage payments. The earlier the call, the more we can help.

Population(s) Served
Adults

Pre-development loans to non-profit organizations who develop multi-family rental or single family ownership homes.

Population(s) Served
Adults

An eight-hour series covering all aspects of the home buying process, before and after the mortgage is made.

Population(s) Served
Adults

Where we work

Accreditations

NeighborWorks America 2011

Awards

HUD Innovative Practices 2011

Dept. of Housing and Urban Development (HUD)

Affiliations & memberships

NeighborWorks America - Member 1998

How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

done We shared information about our current feedback practices.
  • Who are the people you serve with your mission?

    With our homebuyer education and counseling paired with down payment assistance opportunities, our mission is to serve those with low to moderate income who are seeking homeownership. Our network also aims to create sustainable homeowners and renters through financial capabilities and rental guideance.

  • How is your organization collecting feedback from the people you serve?

    Electronic surveys (by email, tablet, etc.), Paper surveys, Case management notes,

  • How is your organization using feedback from the people you serve?

    To identify and remedy poor client service experiences, To identify bright spots and enhance positive service experiences, To understand people's needs and how we can help them achieve their goals,

  • With whom is the organization sharing feedback?

    Our staff, Our community partners,

  • Which of the following feedback practices does your organization routinely carry out?

    We aim to collect feedback from as many people we serve as possible, We look for patterns in feedback based on people’s interactions with us (e.g., site, frequency of service, etc.),

  • What challenges does the organization face when collecting feedback?

    It is difficult to get honest feedback from the people we serve,

Financials

MONTANA HOMEOWNERSHIP NETWORK INC
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Operations

The people, governance practices, and partners that make the organization tick.

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Connect with nonprofit leaders

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  • Analyze a variety of pre-calculated financial metrics
  • Access beautifully interactive analysis and comparison tools
  • Compare nonprofit financials to similar organizations

Want to see how you can enhance your nonprofit research and unlock more insights? Learn More about GuideStar Pro.

MONTANA HOMEOWNERSHIP NETWORK INC

Board of directors
as of 03/16/2022
SOURCE: Self-reported by organization
Board co-chair

Julie Graham

Valley Bank of Helena

Term: 2020 -


Board co-chair

Andrea Davis

Homeword

Term: 2020 -

Jim Morton

Human Resources Development Council

Michael O'Neil

Helena Housing Authority

Mike Smith

Glacier Bank

Jane Pavek

Wells Fargo Bank

Peggy Trenk

Trenk Consulting

Julie Graham

Valley Bank of Helena

Andrea Davis

Homeword

Bruce Brensdal

Montana Housing

Tom Jacobson

Greenpath Financial Wellness

Larry Williams

Financial Education & Development

Tori Matejovsky

Great Northern Development Corp.

Bruce Brensdal

Montana Housing

Ian Ullman

First Interstate Bank

Hanna Warhank

Church, Harris, Johnson & Williams

Jeff Gatica

US Bank

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? No

Organizational demographics

SOURCE: Self-reported; last updated 3/16/2022

Who works and leads organizations that serve our diverse communities? GuideStar partnered on this section with CHANGE Philanthropy and Equity in the Center.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Female, Not transgender (cisgender)
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

Gender identity

 

Sexual orientation

Disability

We do not display disability information for organizations with fewer than 15 staff.

Equity strategies

Last updated: 07/15/2021

GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more

Data
  • We have long-term strategic plans and measurable goals for creating a culture such that one’s race identity has no influence on how they fare within the organization.
Policies and processes
  • We engage everyone, from the board to staff levels of the organization, in race equity work and ensure that individuals understand their roles in creating culture such that one’s race identity has no influence on how they fare within the organization.