ROCKY MOUNTAIN COMMUNITY REINVESTMENT CO Charity Report

Public IRS 990 nonprofit record

ROCKY MOUNTAIN COMMUNITY REINVESTMENT CO

EIN 87-0620659 · Urban & Community Economic Development (S31)

What they do

THE ROCKY MOUNTAIN COMMUNITY REINVESTMENT CORPORATION FACILITATES THE DEVELOPMENT and PRESERVATION of AFFORDABLE HOUSING and COMMUNITY FACILITIES THAT SERVE LOW to MODERATE INCOME FAMILIES and UNDERSERVED COMMUNITIES.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $92.70 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders33 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

87.15%of revenue went to mission work92.7% of expenses · Program services

1.77%of revenue went to fundraising1.9% of expenses

$85.29spent for every $100 of revenueRevenue covered expenses this year.

5.08%of revenue went to management and office costs5.4% of expenses

$25.59in assets for every $1 spent this yearSome assets cannot be spent right away.

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Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $349,487 for CHRISTOPHER JENSEN (PRESIDENT & CEO FEB-DEC). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$21,428,471

Mission workProgram services$18,674,27087.15% of revenue92.7% of expenses

ManagementOffice and general costs$1,088,0995.08% of revenue5.4% of expenses

FundraisingAsking for donations$378,8101.77% of revenue1.9% of expenses

Revenue left after expensesReported annual surplus$1,287,2926.01% of revenueShown in gray on the chart

Total expenses$20,141,17993.99% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 92.7% mission · 5.4% management · 1.9% fundraisingTotal expenses: 93.99% of revenue

2023Expense mix: 91.8% mission · 6.8% management · 1.4% fundraisingTotal expenses: 95.76% of revenue

2022Expense mix: 91.5% mission · 8.0% management · 0.6% fundraisingTotal expenses: 94.73% of revenue

2021Expense mix: 93.4% mission · 6.0% management · 0.6% fundraisingTotal expenses: 91.17% of revenue

2020Expense mix: 92.3% mission · 7.1% management · 0.7% fundraisingTotal expenses: 91.52% of revenue

2019Expense mix: 93.1% mission · 5.2% management · 1.7% fundraisingTotal expenses: 96.85% of revenue

2018Expense mix: 97.6% mission · 2.4% management · 0.0% fundraisingTotal expenses: 95.02% of revenue

2017Expense mix: 98.0% mission · 2.0% management · 0.0% fundraisingTotal expenses: 91.59% of revenue

Money in and money out

Revenue$23,615,678

Expenses$20,141,179

Annual surplus $3,474,499 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$18,674,270 · 92.7% of expenses

Management and office costs$1,088,099 · 5.4% of expenses

Fundraising$378,810 · 1.9% of expenses

See all reported dollar amounts

Revenue$23,615,678

Expenses$20,141,179

Assets$515,454,312

Income$23,615,678

Mission work (program services)$18,674,270

Fundraising$378,810

Management and general$1,088,099

Executive compensation (total)$602,212

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

CHRISTOPHER JENSENPRESIDENT & CEO FEB-DEC · 40 hrs/week $349,487Base $324,554 · Other $24,933

DAVID RIPTREASURER & CFO · 40 hrs/week $349,262Base $296,408 · Other $52,854

JOHN MONTGOMERYCHIEF RISK OFFICER · 40 hrs/week $290,670Base $259,031 · Other $31,639

NICHOLAS BERGERCHIEF LENDING OFFICER · 40 hrs/week $265,463Base $221,128 · Other $44,335

ADAM KEENECONTROLLER · 40 hrs/week $254,919Base $220,969 · Other $33,950

STEVEN NIELSENPRESIDENT & CEO JAN-MAR · 40 hrs/week $203,193Base $190,203 · Other $12,990

MENDI LEISURECHIEF OPERATING OFFICER · 40 hrs/week $196,314Base $182,101 · Other $14,213

NATASHA PFEIFFERSENIOR LOAN OFFICER · 40 hrs/week $185,773Base $149,719 · Other $36,054

AARON HAROLDSENSENIOR CREDIT OFFICER · 40 hrs/week $156,363Base $121,309 · Other $35,054

MATTHEW HAYNESLOAN CLOSING MANGAGER · 40 hrs/week $153,651Base $137,016 · Other $16,635

VICKIE ENSLEYCLOSING MANAGER · 40 hrs/week $132,739Base $110,656 · Other $22,083

GARY NEIBAURACCOUNTANT · 40 hrs/week $126,059Base $117,105 · Other $8,954

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (33)

CHRISTOPHER JENSENPRESIDENT & CEO FEB-DEC

DAVID RIPTREASURER & CFO

JOHN MONTGOMERYCHIEF RISK OFFICER

NICHOLAS BERGERCHIEF LENDING OFFICER

ADAM KEENECONTROLLER

STEVEN NIELSENPRESIDENT & CEO JAN-MAR

MENDI LEISURECHIEF OPERATING OFFICER

NATASHA PFEIFFERSENIOR LOAN OFFICER

AARON HAROLDSENSENIOR CREDIT OFFICER

MATTHEW HAYNESLOAN CLOSING MANGAGER

VICKIE ENSLEYCLOSING MANAGER

GARY NEIBAURACCOUNTANT

SEPENCER MCALLISTERBOARD MEMBER

REED DIXIONBOARD MEMBER JAN-SEPT

ROBERT HAMMOCKBOARD MEMBER SEPT-DEC

ROBERT LIKESVICE CHAIR

SAM BENTLEYCHAIR

MICHAEL PALMERBOARD MEMBER JAN-SEPT

SHARLENE WILDEBOARD MEMBER JAN-SEPT

STEPHANIE WHITEBOARD MEMBER JAN-SEPT

TONY MILNERBOARD MEMBER JAN-SEPT

WILLIAM WHETSTONEBOARD MEMBER JAN-SEPT

CHRIS PARKERBOARD MEMBER JAN-SEPT

ALYSA PETERSONBOARD MEMBER JAN-SEPT

JED CROOKSTONBOARD MEMBER SEPT-DEC

JAN BERGESONBOARD MEMBER

GREG RICHBOARD MEMBER JAN-SEPT

DOUG SNYDERBOARD MEMBER SEPT-DEC

DIANA SASSERBOARD MEMBER SEPT-DEC

DEREK TUCKETTBOARD MEMBER JAN-SEPT

DAVID SNEDAKERBOARD MEMBER JAN-SEPT

ANNIE PERIZZOLOBOARD MEMBER

DAVID DAMSCHENBOARD MEMBER JAN-SEPT

About this charity

Recognized since: January 2016
Location: 64 E WINCHESTER ST STE 330, SALT LAKE CTY, UT 84107-5613
County: Salt Lake
In care of: % THOMAS T BILLINGS
Primary officer: DAVID RIP, CFO

How to reach them

WebsiteVisit the charity’s website Emaillending@rmcrc.org Phone(801) 449-1860

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: EIDE BAILLY LLP
NTEE classification: Urban & Community Economic Development (S31)
IRS tax category: Urban & Community Economic Development