Montana Development Corporation

Nonprofit profile at a glance

EIN
251672592
IRS 990-EZ coverage
2024–2025
Forms available
Form 990 2023, Form 990-EZ 2025
Location
Pittsburgh, PA, USA
Phone
4124416950
Rating
38
Verdict
REVIEW
Rating confidence
Moderate
Sector
Housing Development, Construction, Management

Reported finances

Revenue
$124,538
Expenses
$103,334
Assets
$424,464
Liabilities
$1,233,786

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • John Shivickas (Board President)
  • Zach Restelli (Board Vice-President)

People named in this filing

  • John Shivickas (Board President)
  • Zach Restelli (Board Vice-President)
  • Rochell Jackson (Board Treasurer)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organization's primary exempt purpose is to own and operate a 16-unit apartment building in the city of Pittsburgh for the benefit of low-income persons.

What it reported doing in 2025

The organization provided housing to 26 low-income persons through the leasing of 16 apartment units in a building it owns at 5456 Penn Avenue. This accomplishment was consistent with its mission.

Operating model

Revenue model
Other-operating. 100% of the money available for current operations came from other operating revenue.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 82
  • Sustainability: 67
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 17%; rating input score 67; 67th percentile among comparable filings
  • Total-asset coverage ratio: 4.11; rating input score 93; 93rd percentile among comparable filings
  • Liabilities to assets ratio: 2.91; rating input score 2; 2nd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: -200% per year; rating input score 0; 0th percentile among comparable filings
  • Revenue growth: 15.3% per year; rating input score 100; 76th percentile among comparable filings
  • Asset growth: -5.4% per year; rating input score 0; 15th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2024 to 2025
  • Contacts: How to reach this organization
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 2/100.