Civic Intelligence

The Willows at Melvin Place

990 • Fiscal year 2015 • EIN 26-4580465

May 01, 2014 to Apr 30, 2015 • Filed on Feb 10, 2016

PO Box 2569Everett, WA 98213

(425) 212-4218

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

43rd percentile

0.07x

Higher debt load relative to assets than 43% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

89th percentile

1.85x

Higher debt load relative to revenue than 89% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

4th percentile

-78%

Higher net margin than 4% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

33rd percentile

-2.7%

Faster asset growth than 33% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

49th percentile

2.8%

Faster revenue growth than 49% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Down

$1,985,256

Down $55,632 (-2.7%) from 2014

Net Assets

Down

$1,853,955

Down $55,488 (-2.9%) from 2014

Liabilities

Down

$131,301

Down $144 (-0.1%) from 2014

Revenue

Up

$71,005

Up $1,921 (+2.8%) from 2014

Expenses

Down

$126,493

Down $24,279 (-16%) from 2014

Net Income

Up

-$55,488

Up $26,200 (+32%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0-$1.0MAssets 2011: $2,605,569Liabilities 2011: $558,167Net Assets 2011: $2,047,4022011Assets 2012: $2,103,318Liabilities 2012: $92,910Net Assets 2012: $2,010,4082012Assets 2014: $2,040,888Liabilities 2014: $131,445Net Assets 2014: $1,909,4432014Assets 2015: $1,985,256Liabilities 2015: $131,301Net Assets 2015: $1,853,9552015Assets 2016: $1,935,932Liabilities 2016: $153,462Net Assets 2016: $1,782,4702016Assets 2017: $1,879,046Liabilities 2017: $145,798Net Assets 2017: $1,733,2482017Assets 2018: $1,821,330Liabilities 2018: $151,566Net Assets 2018: $1,669,7642018Assets 2019: $1,731,423Liabilities 2019: $114,370Net Assets 2019: $1,617,0532019Assets 2020: $1,687,348Liabilities 2020: $2,175,986Net Assets 2020: -$488,6382020Assets 2021: $1,634,950Liabilities 2021: $2,181,935Net Assets 2021: -$546,9852021Assets 2022: $1,576,026Liabilities 2022: $2,182,587Net Assets 2022: -$606,5612022Assets 2023: $1,540,616Liabilities 2023: $2,186,430Net Assets 2023: -$645,8142023Assets 2024: $1,500,189Liabilities 2024: $2,198,098Net Assets 2024: -$697,9092024Assets 2025: $1,449,070Liabilities 2025: $2,200,313Net Assets 2025: -$751,2432025

Highlighted filing

2015

Assets$1,985,256
Liabilities$131,301
Net Assets$1,853,955

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$100K$0-$100KExpenses 2011: $18,6852011Expenses 2012: $96,5062012Revenue 2014: $69,084Expenses 2014: $150,772Net Income 2014: -$81,6882014Revenue 2015: $71,005Expenses 2015: $126,493Net Income 2015: -$55,4882015Revenue 2016: $55,484Expenses 2016: $118,168Net Income 2016: -$62,6842016Revenue 2017: $66,276Expenses 2017: $118,304Net Income 2017: -$52,0282017Revenue 2018: $72,761Expenses 2018: $136,233Net Income 2018: -$63,4722018Revenue 2019: $77,689Expenses 2019: $130,400Net Income 2019: -$52,7112019Revenue 2020: $83,776Expenses 2020: $133,267Net Income 2020: -$49,4912020Revenue 2021: $85,085Expenses 2021: $143,432Net Income 2021: -$58,3472021Revenue 2022: $91,057Expenses 2022: $150,633Net Income 2022: -$59,5762022Revenue 2023: $95,604Expenses 2023: $134,856Net Income 2023: -$39,2522023Revenue 2024: $100,114Expenses 2024: $152,209Net Income 2024: -$52,0952024Revenue 2025: $115,014Expenses 2025: $168,348Net Income 2025: -$53,3342025

Highlighted filing

2015

Revenue$71,005
Expenses$126,493
Net Income-$55,488
Jump To
Filing Snapshot
Filing Period
May 1, 2014 to Apr 30, 2015
Signed
Feb 10, 2016
Return Version
2014v6.0
Gross Receipts
$71,005
Mission and Program Overview

Mission

To create pathways to recovery, stability, resiliency, and successful community membership throughout everett and snohomish county with a focus on addrssing the affordable supportive housing needs of community members who struggle with mental or physical disabilities.

Creating pathways to community by addressing affordable housing needs of disabled persons.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,995,107$1,925,918▼ $69,189
Accounts Receivable$232$25,948▲ $25,716
Cash and Non-Interest-Bearing Accounts$2,502$11,401▲ $8,899
Savings and Temporary Cash Investments$5,462$5,465▲ $3
Prepaid Expenses and Deferred Charges$1,301$3,013▲ $1,712
Total Assets$2,040,888$1,985,256▼ $55,632
Other Assets Total$36,284$13,511▼ $22,773
Liabilities
Mortgage Notes Payable Secured by Investment Property$90,000$90,000→ $0
Accounts Payable and Accrued Expenses$39,084$38,940▼ $144
Other Liabilities$2,361$2,361→ $0
Total Liabilities$131,445$131,301▼ $144
Net Assets / Fund Balance
Unrestricted Net Assets$1,909,443$1,853,955▼ $55,488
Total Net Assets Fund Balance$1,909,443$1,853,955▼ $55,488
Total Liabilities and Net Assets / Fund Balance$2,040,888$1,985,256▼ $55,632

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,510,680$145,293$1,655,973
Land$260,000-$260,000
Leasehold Improvements$86,560$25,692$112,252
Other Land Buildings$34,588$49,280$83,868
Equipment$34,090$18,432$52,522
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jon RichardsonPresident
Kathy ReiffVice President
Douglas FortDirector
John MartinDirector
Laura Cable LairdDirector
Paula SquiresDirector
Shannon CarnahanSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$43,171
Program Service Revenue
$27,820
Investment Income
$14
Other Revenue
$0
Change in Net Assets
$-55,488
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$111,277
Salaries, Compensation, and Employee Benefits$15,216
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$69,189--$69,189
Other Expenses$22,087--$22,087
Other Employee Benefits$10,200--$10,200
Occupancy$7,570--$7,570
Other Salaries and Wages$5,016--$5,016
Insurance$4,687--$4,687
Fees for Services Management-$3,084-$3,084
Interest$2,876--$2,876
Fees for Services Legal$787--$787
Office Expenses$778--$778
Fees for Services Accounting$219--$219
Total Functional Expenses$123,409$3,084$0$126,493
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits$2,361
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The everett housing authority manages the day to day operations of the project for a hud approved management fee.

Form 990, Part VI, Section A, Line 8B

The organization is not large enough to have committees with authority to act on behalf of the governing body.

Form 990, Part VI, Section B, Line 11

Reviewed and discussed at board meetings.

Form 990, Part VI, Section C, Line 19

Copies are available upon request.

Filing and Contact Details

Filer

Filer Name
The Willows at Melvin Place
EIN
26-4580465
Phone
4252124218
Address
PO BOX 2569, EVERETT, WA 98213

Signing Officer

Name
Lisa Hanks
Title
President Elect
Phone
4252124218
Signed
2016-02-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lisa Hanks
Formed
2009
Legal Domicile
Wa
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
7

Preparer

Firm
Squires Maddux & Company Pllc
Address
100 SECOND AVE S SUITE 270, EDMONDS, WA 98020
Preparer
Gary a Squires
Phone
4257120515
Supplemental Narrative

Additional Explanations

Form 990 Part IX Line 7 and Line 9

The employees that work at the property are employees of the everett housing authority. Wages are reimbursed to the everett housing authority by the organization based upon hours worked at the property.

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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt071005
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt069084
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt059414
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01761033
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01960536
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt01510680
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0145293
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01655973
IRS990ScheduleD/EquipmentGrp/BookValueAmt034090
IRS990ScheduleD/EquipmentGrp/DepreciationAmt018432
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt052522
IRS990ScheduleD/LandGrp/BookValueAmt0260000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0260000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt086560
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt025692
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0112252
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt034588
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt049280
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt083868
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02361
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01925918
IRS990ScheduleD/TotalLiabilityAmt02361
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE EVERETT HOUSING AUTHORITY MANAGES THE DAY TO DAY OPERATIONS OF THE PROJECT FOR A HUD APPROVED MANAGEMENT FEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION IS NOT LARGE ENOUGH TO HAVE COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2REVIEWED AND DISCUSSED AT BOARD MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COPIES ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE EMPLOYEES THAT WORK AT THE PROPERTY ARE EMPLOYEES OF THE EVERETT HOUSING AUTHORITY. WAGES ARE REIMBURSED TO THE EVERETT HOUSING AUTHORITY BY THE ORGANIZATION BASED UPON HOURS WORKED AT THE PROPERTY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990 PART IX LINE 7 AND LINE 9
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0WASHINGTON HOME OF YOUR OWN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0912021016
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0WA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0AFFORDABLE HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 9
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0PO BOX 2569
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0EVERETT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0WA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd098213
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02040888
IRS990/TotalAssetsEOYAmt01985256
IRS990/TotalAssetsGrp/BOYAmt02040888
IRS990/TotalAssetsGrp/EOYAmt01985256
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt043171
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt03084
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0123409
IRS990/TotalFunctionalExpensesGrp/TotalAmt0126493
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0131445
IRS990/TotalLiabilitiesEOYAmt0131301
IRS990/TotalLiabilitiesGrp/BOYAmt0131445
IRS990/TotalLiabilitiesGrp/EOYAmt0131301
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01909443
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01853955
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0123409
IRS990/TotalProgramServiceRevenueAmt027820
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt027834
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt071005
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt07
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02040888
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01985256
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01909443
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01853955
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 2569
IRS990/USAddress/CityNm0EVERETT
IRS990/USAddress/StateAbbreviationCd0WA
IRS990/USAddress/ZIPCd098213
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-08-17 19:52:53Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0LISA HANKS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT ELECT
ReturnHeader/BusinessOfficerGrp/PhoneNum04252124218
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-02-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE WILLOWS AT MELVIN PLACE
ReturnHeader/Filer/BusinessNameControlTxt0WILL
ReturnHeader/Filer/EIN0264580465
ReturnHeader/Filer/PhoneNum04252124218
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 2569

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.45$2.20$0.75$0.12$0.17$0.05
2024Detailed filing. Detailed filing data is available for this year.$1.50$2.20$0.70$0.10$0.15$0.05
2023Detailed filing. Detailed filing data is available for this year.$1.54$2.19$0.65$0.10$0.13$0.04
2022Detailed filing. Detailed filing data is available for this year.$1.58$2.18$0.61$0.09$0.15$0.06
2021Detailed filing. Detailed filing data is available for this year.$1.63$2.18$0.55$0.09$0.14$0.06
2020Detailed filing. Detailed filing data is available for this year.$1.69$2.18$0.49$0.08$0.13$0.05
2019Detailed filing. Detailed filing data is available for this year.$1.73$0.11$1.62$0.08$0.13$0.05
2018Detailed filing. Detailed filing data is available for this year.$1.82$0.15$1.67$0.07$0.14$0.06
2017Detailed filing. Detailed filing data is available for this year.$1.88$0.15$1.73$0.07$0.12$0.05
2016Detailed filing. Detailed filing data is available for this year.$1.94$0.15$1.78$0.06$0.12$0.06
2015Detailed filing. Detailed filing data is available for this year.$1.99$0.13$1.85$0.07$0.13$0.06
2014Detailed filing. Detailed filing data is available for this year.$2.04$0.13$1.91$0.07$0.15$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.10$0.09$2.01$0.10
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.61$0.56$2.05$0.02