Missions United Inc

EIN: 810499281 501(c)(3) Human Services

Billings, MT

Total Revenue
$17,490,249
Total Expenses
$15,746,969
Total Assets
$57,506,172
Net Assets
$9,857,511
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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
MT
Principal Officer
David Trost
Phone
4066555600
Tax Period
2024-01-01 to 2024-12-31

Missions United Inc, founded in 1998, is a mid-sized nonprofit in the Human Services sector that reported $17.5M in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum. Expenses of $15.7M left a modest 10% surplus.

Mission

To serve Christ by creating abundant life opportunities and providing quality service for seniors.

Program Service Accomplishments

Program 1
Expenses: $13,295,466 Revenue: $14,623,222

Missions United is first and foremost a Christian community. Our mission is God's Mission; the work of healing a broken world, the work of healing the sick, and binding up the broken hearted. This...

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Missions United is first and foremost a Christian community. Our mission is God's Mission; the work of healing a broken world, the work of healing the sick, and binding up the broken hearted. This mission is accomplished through serving Christ by creating abundant life opportunities and providing quality services to seniors. Continued on Schedule OMissions United, Inc. opened Mission Ridge, Montana's first state-of-the-art CCRC in Billings, on January 5, 1998. In October 2016, it opened its second community, WyndStone, in Billings Heights; and in February 2023, it acquired SkyRidge, also in Billings Heights. Missions United, Inc. is an expression and extension of the church's mission. In public worship and in private settings, the following events happen: God's saving word is proclaimed, the Sacraments are administered, prayers and devotions are offered, pastoral care and counseling are provided, and works of charity and benevolence are offered.The goal of the Mission Ridge, WyndStone, and SkyRidge communities is to provide housing, as well as health and financial security for our elders, while simultaneously preserving their privacy and self-sufficiency to the fullest extent possible. The Mission Ridge senior living community consists of 120 independent living apartments and 62 assisted living apartments, while WyndStone has 51 independent living and 32 assisted living apartments, and SkyRidge has 32 assisted living apartments. In conjunction with the existing long-term care facility, St. John's United, Missions United residents receive priority access to a full continuum of care.Missions United is providing for the physical, spiritual, social, and emotional wellbeing of its residents by offering housing in an environment designed specifically for their needs. Missions United residents are guided and nurtured through life's housing and healthcare transitions, lessening the hardship and crisis for themselves and their families. Financial security is being provided to the residents of the community by offering quality services to residents at the lowest possible cost. Missions United has adopted a policy, set forth in the Residency Agreement, providing financial assistance to residents who become unable to pay their monthly service fee or other charges. No residents have been, or ever will be, discharged because of an inability to pay. Existing resident deposits are available to assure such financial assistance will be available. The average deposit on a Missions United/WyndStone apartment on December 31, 2024 was about $123,000. That is just 31% of the 2024 median single family homes sale in Billings of $394,111 (Zillow). Missions United contracts for and provides access to a continuum of long-term care services available to elderly residents of middle class financial means. A long-term care benefit is offered to all independent living residents to assist in preserving financial security. The benefit provides $500 per month if transition occurs to assisted living and $750 per month if transition occurs to skilled nursing services (total maximum benefit of $18,000). During 2024, 35 residents who required either assisted living or skilled nursing care received $118,205 in long-term care benefits. From date of inception (1998), residents have received $2,524,120 in long-term care benefits. Missions United is not just an expression and extension of the church; it is the church at work in this place and in the world. In our 26th year, Missions United provided many community benefits. Included in our effort to promote benefits to our residents and provide service to others in the world were the following:1. Invest in a community benefit tracking software that will help better define, track, and store all of our efforts, costs, and people served as a benefit to the larger community. Missions United provided $394,522 of community benefit to 16,040 people in 2024.2. Missions United has intentionally not fully occupied its assisted living apartments to keep two respite rooms available to serve area seniors for short periods of time while long-term decisions can be made. Mission Ridge and WyndStone provided respite care for about 478 days in 2023, resulting in a loss of revenue of about $38,000 for the days the respite rooms remained unoccupied. Missions United pays bed hold fees totaling $36,500 annually to maintain availability to other levels of care via the St. John's Continuum of Care. In addition, Missions United committed $250,000 in 2024 to assure that those who have run out of resources and rely on Medicaid will have a place in the St. John's continuum of care should they need memory or skilled nursing care.3. Staff encourage and facilitates the residents to volunteer in the community via formal programs, sponsorship, and transportation.4. The 2024 Summer Concert held its 26th season on the Missions United/St. John's campus. We hosted over 12,000 people as we provided six community events at three campus locations at no charge to our residents, friends, and neighbors! 5. Provided space to other organizations as needed in 2024 groups such as Big Sky Senior Services, retired teachers, non-denominational worship and bible studies, Billings Public Library, Arrowhead school events, recitals, Billings Public Schools, MSU Art/Music Departments.6. In 2024, Missions United provided free health assessments, education, and/or guidance to approximately 1,500 seniors and their families including information about our services beyond that of Missions United. This guidance helps their understanding and preparation for senior living and their understanding of other benefits available to them such as Veterans Aid and Attendance, Medicaid Waiver, Medicare A, B, and D, and/or improving their current situation by identifying opportunities and health needs while still living at home. Once residents, they find additional comfort in the fact that they have a plan for their future when their medical needs change.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $53,367
Program Service Revenue $14,623,222
Investment Income $2,813,660
Other Revenue $0
TOTAL REVENUE $17,490,249

Expense Breakdown

Grants Paid $0
Salaries & Benefits $5,322,918
Fundraising Expenses $0
Program Expenses $13,295,466
Other Expenses $10,424,051
TOTAL EXPENSES $15,746,969

Year-over-Year Comparison

2024 2023 Change
Revenue $17,490,249 $14,426,413 +0.2%
Expenses $15,746,969 $14,538,409 +0.1%
Net Income $1,743,280 $-111,996 -16.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
8
Independent Members
8
Employees
N/A
Volunteers
81

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Paige Spalding President 2.00
Officer Director
$0 $0 $0
Tracy Neary Vice President 1.00
Officer Director
$0 $0 $0
Mark Wilkinson Treasurer (Jan-Jun) 1.00
Officer Director
$0 $0 $0
David Trost CEO & Secretary 1.00
Officer Director
$0 $0 $0
Mike Follett Board Member 1.00
Director
$0 $0 $0
Kristi Foss Board Member 1.00
Director
$0 $0 $0
McKay Owens Board Member (Jun-Current) 1.00
Director
$0 $0 $0
Jodi Bryant Board Member (Sept-Current) 1.00
Director
$0 $0 $0
Lee Boyles Board Member (Sept-Current) 1.00
Director
$0 $0 $0
Jerry Pearsall CFO 12.00
Officer
$0 $0 $0
Karna Rhodes Sr. Admin Officer - MU and SJU 20.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $17,490,249 $15,746,969 $57,506,172 $1,743,280
2023 $14,426,413 $14,538,409 $54,371,886 $-111,996
2022 $12,814,389 $13,090,270 $52,255,173 $-275,881
2021 $11,930,517 $10,923,080 $58,330,766 $1,007,437
2020 $11,965,597 $10,831,949 $57,549,130 $1,133,648
2019 $11,211,953 $10,079,889 $54,769,519 $1,132,064
2018 $10,922,995 $10,054,729 $52,649,157 $868,266
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