Montana Homeownership Network Inc
Montana Homeownership Network Inc is a public charity based in Great Falls, Montana. Its website presents NeighborWorks Montana as a statewide housing organization working through partners on housing education and counseling, home loans, affordable housing development financing, and resident ownership of manufactured-home parks and multifamily buildings.
Montana Homeownership Network Inc at a glance
In short: Montana Homeownership Network Inc gave $1.5M across 10 grants in 2025 (avg $154K), mostly in Montana. 50% of 2025 grantees were new. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $1,535,275
- +120.5% vs 2024
- Grants made (2025)
- 10
- +11.1% vs 2024
- Average grant
- $153,528
- +98.4% vs 2024
- Median grant
- $116,616
- Total assets
- $90,049,103
- +80.8% vs 2024
- New grantees (estimate)
- 50% first-time grantees (5 of 10, 2025; small sample)
- Primary geography
- Montana (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Montana Homeownership Network Inc
- Contact
Mailing address: 17 5Th Street South, Great Falls, MT 59401
Phone: (406) 604-4500
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Montana Homeownership Network Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Neighborhood Housing Services Inc of Great Falls ($322K). Together the top 10 received $1.5M.
Grant Size Distribution
58 grants across all recorded years
The most common grant size was under $50K: 27 grants of 58 (47%).
Geographic Focus
Where this funder awards grants
The 2025 filing lists all grant recipients in Montana. The organization’s website describes its education and counseling partner network as serving all 56 Montana counties. Its 2025 grants supported organizations in Great Falls, Bozeman, Missoula, Billings, Helena, Kalispell, Lewistown, and Butte.
Grant Distribution by State
Share of 2025 grant dollars across all 10 itemized grants.
States
Cities
Is Montana Homeownership Network Inc open to new grantees?
50%
first-time grantees, 2025
In 2025, 5 of 10 grantees (50%) were first-time recipients. With only 10 grantees, that is a small sample: one grantee more or less moves the share by about 10 points. First grants averaged $81K; repeat grants $226K. How we count
Medians: $68K first-time, $258K repeat.
Estimate from itemized grant lists in IRS Form 990 filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $642K (2019) to $1.5M (2025). In 2025 it made 10 grants totaling $1.5M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Neighborhood Housing Services Inc of Great Falls Great Falls, MT | General Housing Counseling | $321,960 |
| Rural Dynamics Inc Great Falls, MT | General Housing Counseling | $321,199 |
| Homeword Inc Missoula, MT | General Housing Counseling | $257,899 |
| Human Resource Development Council of District IX Bozeman, MT | General Housing Counseling | $160,047 |
| District 7 Human Resources Development Billings, MT | General Housing Counseling | $121,378 |
| Rocky Mountain Development Corp Helena, MT | General Housing Counseling | $111,854 |
| District XI Human Resource Council Missoula, MT | General Housing Counseling | $69,600 |
| Community Action Partnership of MT Kalispell, MT | General Housing Counseling | $67,583 |
| District 6 Human Resource Development Lewistown, MT | General Housing Counseling | $52,640 |
| Headwaters RG&D Area Inc Butte, MT | General Housing Counseling | $51,115 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $90,049,103 | $13,059,819 | $4,643,207 | $1,535,275 | 10 | $347,570 |
| 2024 | $49,798,954 | $6,761,090 | $4,126,163 | $696,357 | 9 | $109,130 |
| 2023 | $44,101,408 | $7,755,830 | $4,372,412 | $1,061,171 | 15 | $144,153 |
| 2022 | $42,780,327 | $13,852,588 | $3,609,309 | $853,007 | 11 | $12,514 |
| 2021 | $31,389,696 | $4,000,327 | $3,254,095 | $709,348 | 13 | $6,956 |
| 2020 | $30,751,148 | $3,453,499 | $2,934,248 | $641,897 | 13 | $-44,352 |
| 2019 | $28,210,058 | $3,985,348 | $2,890,738 | $641,877 | 12 | $22,894 |
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The organization’s stated mission is to strengthen communities through education and financing that give every Montanan the opportunity to live in a home where they can thrive. Its website describes work in homebuyer and financial education and counseling, lending for homebuyers and affordable housing developers, and resident ownership.
In its 2025 filing, the organization reported grants for general housing counseling. Its grantees’ stated missions show the range of organizations supported: NeighborWorks Great Falls says it works to create strong neighborhoods and successful homeowners through affordable housing; Rural Dynamics says it helps youth, individuals, and families achieve economic independence; and Homeword says it provides safe, healthy, affordable homes and strengthens communities through housing counseling and education. Other grantees describe community action, services for low-income households, and work to expand opportunities in housing, education, training, and employment.
Grantmaking
In filing year 2025, the organization reported 10 grants totaling $1,535,275. Grant amounts ranged from $51,115 to $321,960, with a median of $116,616. All reported grant dollars went to recipients in Montana. Each listed grant’s purpose was general housing counseling.
The largest grants were $321,960 to Neighborhood Housing Services Inc of Great Falls, $321,199 to Rural Dynamics Inc, and $257,899 to Homeword Inc. Other grants included $160,047 to Human Resource Development Council of District IX, $121,378 to District 7 Human Resources Development, and $111,854 to Rocky Mountain Development Corp.
The organization’s website describes homebuyer education and counseling as delivered through its partner network. It also reports that NeighborWorks Montana and NeighborWorks Great Falls partner on a homebuyer assistance program connected to House Bill 819, with the organizations serving as Community Reinvestment Organizations for specified counties.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Jane Pavek as president, Tori Matejovsky as vice president, Tom Jacobson as treasurer, and Sara Savage as secretary. Directors listed are Bruce Brensdal, Sara Fitzgerald, Jeff Gatica, Jim Morton, George Nikolakakos, Heather O'Loughlin, and Michael O'Neil. Cheryl Cohen is listed as a director through November 2024.
Montana Homeownership Network Inc is led by Kaia Peterson, Executive Director since 2020 (on filings since 2019); 2 of 20 officers listed in 2025 are compensated.
Officers on the 2025 filing
Kaia Peterson
Executive Director
Assistant Executive Director → Executive Director, 2020
On filings since 2019
40 hrs/week
$65K (2019) → $133K (2025)
Jane Pavek
President
Director → 1st Vice President, 2023
1st Vice President → President, 2024
On filings since 2019
2 hrs/week
No compensation reported
Bruce Brensdal
Director
On filings since 2019
2 hrs/week
No compensation reported
Heather O'Loughlin
Director
On filings since 2019
2 hrs/week
No compensation reported
Jim Morton
Director
On filings since 2019
2 hrs/week
No compensation reported
Michael O'Neil
Director
On filings since 2019
2 hrs/week
No compensation reported
Mike Smith
Director
Past President → Director, 2020
On filings since 2019
2 hrs/week
No compensation reported
Peggy Trenk
Director
Director → Secretary, 2023
Secretary → Director, 2025
On filings since 2019
2 hrs/week
No compensation reported
Cheryl Cohen
Director
On filings since 2020
2 hrs/week
No compensation reported
Hanna Warhank
Director
On filings since 2020
2 hrs/week
No compensation reported
Ian Ullman
Director
On filings since 2020
2 hrs/week
No compensation reported
George Nikolakakos
Director
On filings since 2021
2 hrs/week
No compensation reported
Jeff Gatica
Director
On filings since 2023
2 hrs/week
No compensation reported
Sara Fitzgerald
Director
On filings since 2023
2 hrs/week
No compensation reported
Karissa Trujillo
Director
On filings since 2024
2 hrs/week
No compensation reported
Maria Valandra
Director
On filings since 2024
2 hrs/week
No compensation reported
Damona Williams
Chief Financial Officer
Director of Finance → Chief Financial Officer, 2025
On filings since 2023
40 hrs/week
$58K (2023) → $94K (2025)
Tom Jacobson
Treasurer
Director → Treasurer, 2023
On filings since 2019
2 hrs/week
No compensation reported
Tori Matejovsky
Vice President
2nd Vice President → Director, 2023
Director → Vice President, 2024
On filings since 2019
2 hrs/week
No compensation reported
Sara Savage
Secretary
Director → Secretary, 2025
On filings since 2024
2 hrs/week
No compensation reported
Former officers (12)
- Former: Andrea Davis (2019–2023) — President
- Former: Kevin Lee (2019–2023) — Chief Financial Officer
- Former: Shanell Teigen (2023) — Director
- Former: Julie Graham (2019–2022) — President
- Former: Katie Miller (2019–2022) — Secretary
- Former: Larry Williams (2019–2022) — Treasurer
- Former: Penny Doak (2020–2022) — Director
- Former: Jack Prothero (2019–2020) — Director
- Former: Maureen Rude (2019–2020) — Immediate Former Executive Director
- Former: Burt Hurwitz (2019) — President
- Former: Gina Marshall (2019) — Director
- Former: Jim Weber (2019) — Director
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $133K, to Kaia Peterson (Executive Director). 2 officers or directors reported compensation on that filing.
Frequently asked questions about Montana Homeownership Network Inc
How much does Montana Homeownership Network Inc give each year?
Montana Homeownership Network Inc gave $1.5M across 10 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $696K across 9 grants.
What is Montana Homeownership Network Inc's typical grant size?
Montana Homeownership Network Inc's median grant in 2025 was $116,616, and its average grant was $153,528, across 10 grants on its 2025 IRS Form 990. Organizations receiving their first grant from Montana Homeownership Network Inc that year got $81K on average.
Where does Montana Homeownership Network Inc give grants?
Montana Homeownership Network Inc gives mostly in Montana: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Great Falls, MT (2 grants) and Missoula, MT (2 grants).
Does Montana Homeownership Network Inc give general operating support?
Yes: 100% of Montana Homeownership Network Inc's 2025 grants with a stated purpose (10 of 10) were for general or operating support, per its 2025 IRS Form 990.
Who are Montana Homeownership Network Inc's largest grantees?
Montana Homeownership Network Inc's largest 2025 grantees include Neighborhood Housing Services Inc of Great Falls ($321,960), Rural Dynamics Inc ($321,199) and Homeword Inc ($257,899), according to its 2025 IRS Form 990. Together they received 59% of its itemized 2025 grant dollars.
How large is Montana Homeownership Network Inc?
Montana Homeownership Network Inc reported $90.0M in total assets on its 2025 IRS Form 990. Its revenue that year was $13.1M.
What does Montana Homeownership Network Inc fund?
The organization’s stated mission is to strengthen communities through education and financing that give every Montanan the opportunity to live in a home where they can thrive. See mission & focus areas ↑
How do I apply for a grant from Montana Homeownership Network Inc?
Montana Homeownership Network Inc has no public application process in the sources Grantable reviewed. Contact the foundation directly before submitting a request.
What is Montana Homeownership Network Inc's EIN?
Montana Homeownership Network Inc's EIN (Employer Identification Number) is 81-0543240. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated October 2026. Sourced from IRS Form 990 filings. Research dossier generated October 2026.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2019 (received by the IRS March 13, 2020)
- Updated Form 990 for fiscal year 2020 (received by the IRS March 5, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS March 7, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS June 19, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS August 14, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS April 7, 2025)
- Updated Form 990 for fiscal year 2025 (received by the IRS March 26, 2026)
- IRS filings on file for fiscal years 2019–2025
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Cite this profile
Grantable. (2026). Montana Homeownership Network Inc funder profile. GrantGraph. Retrieved October 5, 2026, from https://grantable.co/funders/montana-homeownership-network-inc-morg_b5c4a7b8887f4623a01b8bebac12f623
BibTeX
@misc{grantable_810543240_2026,
author = {{Grantable}},
title = {{Montana Homeownership Network Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/montana-homeownership-network-inc-morg_b5c4a7b8887f4623a01b8bebac12f623},
note = {Accessed 2026-10-05. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Montana Homeownership Network Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Montana Homeownership Network Inc down — hundreds of funders to go?