Civic Intelligence

Parkview Services

EIN 91-0828809 • 501(c)3 • Lynnwood, WA

Profile

Parkview services creates inclusive housing solutions that promote stability, opportunity, and community.

4720 200th St SW Suite 200Lynnwood, WA 98036

www.parkviewservices.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

90th percentile

0.91x

Higher debt load relative to assets than 90% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

92nd percentile

3.80x

Higher debt load relative to revenue than 92% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

32nd percentile

-0.7%

Higher net margin than 32% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

75th percentile

15%

Faster asset growth than 75% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

62nd percentile

13%

Faster revenue growth than 62% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Assets

Up

$35,336,498

Up $4,493,604 (+15%) from 2023

Liabilities

Up

$32,210,073

Up $4,504,196 (+16%) from 2023

Net Assets

Down

$3,126,425

Down $10,592 (-0.3%) from 2023

Revenue

Up

$8,484,538

Up $948,016 (+13%) from 2023

Expenses

Up

$8,542,355

Up $441,278 (+5.4%) from 2023

Net Income

Up

-$57,817

Up $506,738 (+90%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$40M$30M$20M$10M$0Assets 2010: $14,713,884Liabilities 2010: $13,280,833Net Assets 2010: $1,433,0512010Assets 2011: $14,395,726Liabilities 2011: $13,109,769Net Assets 2011: $1,285,9572011Assets 2012: $14,424,741Liabilities 2012: $13,282,095Net Assets 2012: $1,142,6462012Assets 2013: $14,372,142Liabilities 2013: $13,652,917Net Assets 2013: $719,2252013Assets 2014: $17,446,117Liabilities 2014: $13,835,984Net Assets 2014: $3,610,1332014Assets 2015: $18,087,946Liabilities 2015: $13,998,526Net Assets 2015: $4,089,4202015Assets 2016: $19,320,807Liabilities 2016: $15,299,218Net Assets 2016: $4,021,5892016Assets 2017: $19,810,389Liabilities 2017: $15,599,476Net Assets 2017: $4,210,9132017Assets 2018: $19,599,546Liabilities 2018: $15,702,366Net Assets 2018: $3,897,1802018Assets 2019: $21,319,466Liabilities 2019: $17,572,115Net Assets 2019: $3,747,3512019Assets 2020: $24,214,726Liabilities 2020: $20,610,717Net Assets 2020: $3,604,0092020Assets 2021: $27,346,750Liabilities 2021: $23,273,390Net Assets 2021: $4,073,3602021Assets 2022: $29,780,576Liabilities 2022: $26,255,313Net Assets 2022: $3,525,2632022Assets 2023: $30,842,894Liabilities 2023: $27,705,877Net Assets 2023: $3,137,0172023Assets 2024: $35,336,498Liabilities 2024: $32,210,073Net Assets 2024: $3,126,4252024

Highlighted filing

2024

Assets$35,336,498
Liabilities$32,210,073
Net Assets$3,126,425

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$10M$5.0M$0-$5.0MExpenses 2010: $1,986,3392010Expenses 2011: $2,118,4502011Revenue 2012: $2,947,194Expenses 2012: $3,054,505Net Income 2012: -$107,3112012Revenue 2013: $3,111,390Expenses 2013: $3,200,108Net Income 2013: -$88,7182013Revenue 2014: $3,659,819Expenses 2014: $3,370,678Net Income 2014: $289,1412014Revenue 2015: $4,108,489Expenses 2015: $3,602,917Net Income 2015: $505,5722015Revenue 2016: $3,461,332Expenses 2016: $3,432,845Net Income 2016: $28,4872016Revenue 2017: $3,260,391Expenses 2017: $3,231,702Net Income 2017: $28,6892017Revenue 2018: $3,684,881Expenses 2018: $3,279,274Net Income 2018: $405,6072018Revenue 2019: $3,054,293Expenses 2019: $3,421,141Net Income 2019: -$366,8482019Revenue 2020: $3,426,231Expenses 2020: $3,733,156Net Income 2020: -$306,9252020Revenue 2021: $4,962,647Expenses 2021: $4,567,976Net Income 2021: $394,6712021Revenue 2022: $5,085,954Expenses 2022: $5,259,532Net Income 2022: -$173,5782022Revenue 2023: $7,536,522Expenses 2023: $8,101,077Net Income 2023: -$564,5552023Revenue 2024: $8,484,538Expenses 2024: $8,542,355Net Income 2024: -$57,8172024

Highlighted filing

2024

Revenue$8,484,538
Expenses$8,542,355
Net Income-$57,817

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$35.3$32.2$3.13$8.48$8.54$0.06
2023Detailed filing. Detailed filing data is available for this year.$30.8$27.7$3.14$7.54$8.10$0.56
2022Detailed filing. Detailed filing data is available for this year.$29.8$26.3$3.53$5.09$5.26$0.17
2021Detailed filing. Detailed filing data is available for this year.$27.3$23.3$4.07$4.96$4.57$0.39
2020Detailed filing. Detailed filing data is available for this year.$24.2$20.6$3.60$3.43$3.73$0.31
2019Detailed filing. Detailed filing data is available for this year.$21.3$17.6$3.75$3.05$3.42$0.37
2018Detailed filing. Detailed filing data is available for this year.$19.6$15.7$3.90$3.68$3.28$0.41
2017Detailed filing. Detailed filing data is available for this year.$19.8$15.6$4.21$3.26$3.23$0.03
2016Detailed filing. Detailed filing data is available for this year.$19.3$15.3$4.02$3.46$3.43$0.03
2015Detailed filing. Detailed filing data is available for this year.$18.1$14.0$4.09$4.11$3.60$0.51
2014Detailed filing. Detailed filing data is available for this year.$17.4$13.8$3.61$3.66$3.37$0.29
2013Detailed filing. Detailed filing data is available for this year.$14.4$13.7$0.72$3.11$3.20$0.09
2012Summary only. Only limited summary data is available for this year.$14.4$13.3$1.14$2.95$3.05$0.11
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.4$13.1$1.29$2.12
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.7$13.3$1.43$1.99
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 28, 2025
Return Version
2024v5.0
Gross Receipts
$9,208,377
Mission and Program Overview

Mission

Residential support and training services for adults with developmental disabilities. Providing low income housing for extremely low income individuals with developmental disabilities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$21,610,792$26,282,676▲ $4,671,884
Other Notes and Loans Receivable, Net$4,346,743$4,624,129▲ $277,386
Investments in Publicly Traded Securities$1,711,999$1,522,912▼ $189,087
Savings and Temporary Cash Investments$815,857$712,663▼ $103,194
Accounts Receivable$244,507$378,398▲ $133,891
Prepaid Expenses and Deferred Charges$174,644$239,734▲ $65,090
Pledges and Grants Receivable$272,600$225,053▼ $47,547
Cash and Non-Interest-Bearing Accounts$305,354$135,071▼ $170,283
Total Assets$30,842,894$35,336,498▲ $4,493,604
Other Assets Total$1,360,398$1,215,862▼ $144,536
Liabilities
Mortgage Notes Payable Secured by Investment Property$24,440,472$29,392,502▲ $4,952,030
Other Liabilities$1,413,235$1,286,847▼ $126,388
Accounts Payable and Accrued Expenses$1,057,741$755,225▼ $302,516
Unsecured Notes Loans Payable$760,323$744,332▼ $15,991
Deferred Revenue$34,106$31,167▼ $2,939
Total Liabilities$27,705,877$32,210,073▲ $4,504,196
Net Assets / Fund Balance
Net Assets With Donor Restrictions$5,565,639$5,909,959▲ $344,320
Net Assets Without Donor Restrictions$-2,428,622$-2,783,534▼ $354,912
Total Net Assets Fund Balance$3,137,017$3,126,425▼ $10,592
Total Liabilities and Net Assets / Fund Balance$30,842,894$35,336,498▲ $4,493,604

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$16,376,716$7,330,511$23,707,227
Land$8,761,619-$8,761,619
Other Land Buildings$1,144,341$152,826$1,297,167
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Marc CoteExecutive DiFT$150,883$14,538$165,421
Marc CoteExecutive Director-$150,883$14,538$165,421

Board Members and Trustees

NameTitle
Roger NelsonPresident
Timo NorringPresident
Bruce McclaryBoard Member
Caitlin VelascoBoard Member
Erin SchwartzBoard Member
Tim AdamBoard Member
Todd PietzschBoard Member
Tom SwansonBoard Member
Joe St JohnSecretary
John HillSecretary
Raymond LacorteTreasurer
Amanda ReinhardVice Preside

Highest Paid Contractors

ContractorServicesLocationCompensation
Washington Patriot Construction LLCConstruction10421 BURNHAM DR BLDG 5, Gig Harbor, WA 98332$1,405,136
Sage Architectural AllianceConstruction2006 EAST MILLER STREET SUITE A, Seattle, WA 98112$1,112,202
Walsh Construction CoConstruction315 5TH AVE S SUITE 600, Seattle, WA 98104$363,351
In Time ReonovationsConstruction3115 N BENNETT ST, Tacoma, WA 98407$278,616
Airganic LLCMaint & Repair8728 2ND AVE NW, Seattle, WA 98117$128,246
Revenue and Support

Revenue Composition

Contributions and Grants
$2,645,208
Program Service Revenue
$5,564,131
Investment Income
$276,291
Other Revenue
$-1,092
All Other Contributions
$321,114
Change in Net Assets
$-57,817

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,473,769
Revenue Not Reported on Financial Statements
$10,769
Revenue Not Reported on Form 990
$102,258
Total Revenue per Audited Statements
$8,576,027
Total Revenue per Form 990
$8,484,538
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,840,199
Other Expenses$2,463,283
Grants and Similar Amounts Paid$238,873
Total Fundraising Expense$136,506
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,222,446$124,589$71,063$4,418,098
Other Employee Benefits$639,985$23,305$11,487$674,777
Depreciation Depletion$636,741$15,939$9$652,689
Occupancy$586,969$20,860$4,517$612,346
Payroll Taxes$514,955$18,752$9,243$542,950
All Other Expenses$225,362$107,122$13,716$346,200
Grants to Domestic Individuals$238,873--$238,873
Insurance$176,578$720$72$177,370
Interest$56,040$115,940-$171,980
Current Officers, Directors, Trustees, and Key Employees$110,959$33,209$6,715$150,883
Fees for Services Other$123,749$15,562$10,674$149,985
Travel$77,485$147$2,844$80,476
Pension Plan Contributions$50,733$1,847$911$53,491
Fees for Services Accounting$14,096$33,435$1,169$48,700
Other Expenses$26,224$125$110$26,459
Fees for Service Investment Mgmnt Fees-$10,769-$10,769
Fees for Services Legal$7,044$1,107$173$8,324
Advertising$6,576$293$272$7,141
Total Functional Expenses$7,881,946$523,903$136,506$8,542,355

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$8,586,619
Total Expenses per Form 990$8,542,355
Expenses per Audited Statements$8,531,586
Expenses Not Reported on Form 990$55,033
Expenses Not Reported on Financial Statements$10,769
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$13,890
Fundraising Gross Income$1,405
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Brunch$25,370$1,405$10,361$-8,956
Total Events$25,370$1,405$13,890$-12,485
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability$1,286,847
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with 35% controlled entity
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The executive director, finance manager, and board finance committee review the form 990 prior to its filing, and a copy is provided to the board.

Form 990, Page 6, Part VI, Line 12C

DOCUMENTED IN MINUTES.

Form 990, Page 6, Part VI, Line 15A

The executive director's salary is determined by utilizing compensation data for similarly qualified persons in comparable positions at similarly situated organizations. The salary recommendation is reviewed and approved by the executive board, with no members who have a conflict of interest being involved in the process. Substantiation of the deliberation and decision are recorded at the time.

Form 990, Page 6, Part VI, Line 19

The form 990 is available upon request.

Filing and Contact Details

Filer

Filer Name
Parkview Services
EIN
91-0828809
Phone
2065426610
Address
4720 200TH ST SW SUITE 200, LYNNWOOD, WA 98036

Signing Officer

Name
Marc Cote
Title
Executive Director
Phone
2065426610
Signed
2025-10-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Marc Cote
Formed
1967
Legal Domicile
Wa
Voting Board Members
12
Independent Board Members
12
Employees
105
Volunteers
54

Preparer

Firm
Finney Neill & Company Ps
Address
9757 GREENWOOD AVE N, SEATTLE, WA 98103
Preparer
Curtis D Eisen CPA
Phone
2062989811
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

Affordable housing program: parkviews affordable housing program began in 1997 in response to an increasing need for quality affordable housing options for extremely low-income adults with idds. Tenants of this program are referred to parkview by the washington state developmental disabilities administration (dda) and pay no more than 30% of their income in rent, no matter how low, with subsidy for utilities. Tenants at each home receive supportive living services from one of 16 licensed service providers. Affordable housing added three homes in 2024, and zero home in 2023. In 2024 and 2023, the program served 205 and 205 tenants, respectively. Parkview services also provides maintenance services to affordable housing organizations and prepurchase home repairs to qualified homeownership clients.

Form 990, Page 2, Part III, Line 4C

Homeownership program: since 1996, parkview homeownership program has provided no-cost pre-purchase homebuyer education and first-time homebuyer counseling for residents of king and snohomish county and state wide since 2020. Qualified first-time homebuyers with disabilities or who live with a family member with a disability are eligible for up to 110,000 in down payment assistance through this program. Parkview provided three households with down payment assistance in 2024 and four households in 2023. The homeownership program also provides no-cost mortgage default housing counseling and advocacy to prevent unnecessary foreclosure and help struggling homeowners get back on track to financial stability. Since 2011, our mortgage default housing counselors have served over 19,493 washington residents in all counties. Parkview services is currently the largest provider of hud approved housing counseling in the state. Recent outreach efforts have centered on financial fraud prevention for senior citizens and veterans, as well as foreclosure prevention workshops for all demographics. Homeowners who retained their equity remained in their homes an average of five years after counseling intake. In 2024 and 2023, this program served over 1,693 and 1,845 clients, respectively.

Form 990, Page 2, Part III, Line 4D

Camp parkivew is an annual residential summer camp experience for people with idds, taking place on vashon island at the camp burton facility; it provides mutually beneficial relationships and friendship building between people with and without disabilities and allows accessible recreation and socialization in the beautiful pacific northwest. 64 campers attended in 2024 and 53 campers attended in 2023. Washington homeownership resource center (whrc) and open housing administrative support services. Parkview took on four and three supported living clients from a supported living service provider in 2024 and 2023. This program provides direct care to adults with intellectual and developmental disabilities (idds). In 2024 and 2023 this program provided over 58,346 and 28,629 hours of direct support services to clients.

Financial Statement Notes

Schedule D, Page 3, Part X

Parkview services accounts for tax positions in accordance with the recognition and initial measurement sections of the income taxes topic of the financial accounting standards board accounting standards codification. With few exceptions, parkview services is subject to federal and state income tax examinations by tax authorities for the prior three years. Management has reviewed parkview services' tax positions and determined there were no uncertain tax positions as of december 31, 2024 and 2023.

Schedule D, Page 4, Part XI, Line 2D

COGS 55,033

Schedule D, Page 4, Part XII, Line 2D

COGS 55,033

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IRS990/ProgSrvcAccomActy2Grp/Desc0PARKVIEW GROUP HOME: ORIGINALLY ESTABLISHED TO PROVIDE RESIDENTIAL SUPPORT SERVICES FOR CHILDREN WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES (IDDS), THE ORGANIZATION SHIFTED ITS SERVICE POPULATION TO ADULTS TO CONTINUE SERVING THE CHILDREN WHO REACHED ADULT AGE AT PARKVIEW GROUP HOME. AT THE BEGINNING OF 2024, FOUR ADULTS LIVED AT THE GROUP HOME AS CLIENTS. THROUGH THIS PROGRAM, RESIDENTS RECEIVE 24/7 SUPPORTIVE CARE AND LIVE THEIR CHOSEN LIVES AS PART OF THEIR LOCAL COMMUNITY. PARKVIEW ENDED THIS PROGRAM IN FEBRUARY 2024, AND THE FOUR ADULTS TRANSFERRED TO THE SUPPORTED LIVING PROGRAM. IN 2024 AND 2023, THIS PROGRAM PROVIDED OVER 4,718 AND 19,098 HOURS OF DIRECT SUPPORT SERVICES TO RESIDENTS, RESPECTIVELY.
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IRS990/ProgSrvcAccomActy3Grp/Desc0HOMEOWNERSHIP PROGRAM: SINCE 1996, PARKVIEW HOMEOWNERSHIP PROGRAM HAS PROVIDED NO-COST PRE-PURCHASE HOMEBUYER EDUCATION AND FIRST-TIME HOMEBUYER COUNSELING FOR RESIDENTS OF KING AND SNOHOMISH COUNTY AND STATE WIDE SINCE 2020. QUALIFIED FIRST-TIME HOMEBUYERS WITH DISABILITIES OR WHO LIVE WITH A FAMILY MEMBER WITH A DISABILITY ARE ELIGIBLE FOR UP TO 110,000 IN DOWN PAYMENT ASSISTANCE THROUGH THIS PROGRAM. PARKVIEW PROVIDED THREE HOUSEHOLDS WITH DOWN PAYMENT ASSISTANCE IN 2024 AND FOUR HOUSEHOLDS IN 2023. THE HOMEOWNERSHIP PROGRAM ALSO PROVIDES NO-COST MORTGAGE DEFAULT HOUSING COUNSELING AND ADVOCACY TO PREVENT UNNECESSARY FORECLOSURE AND HELP STRUGGLING HOMEOWNERS GET BACK ON TRACK TO FINANCIAL STABILITY. SINCE 2011, OUR MORTGAGE DEFAULT HOUSING COUNSELORS HAVE SERVED OVER 19,493 WASHINGTON RESIDENTS IN ALL COUNTIES. PARKVIEW SERVICES IS CURRENTLY THE LARGEST PROVIDER OF HUD APPROVED HOUSING COUNSELING IN THE STATE. RECENT OUTREACH EFFORTS HAVE CENTERED ON FINANCIAL FRAUD PREVENTION FOR SENIOR CITIZENS AND VETERANS, AS WELL AS FORECLOSURE PREVENTION WORKSHOPS FOR ALL DEMOGRAPHICS. HOMEOWNERS WHO RETAINED THEIR EQUITY REMAINED IN THEIR HOMES AN AVERAGE OF FIVE YEARS AFTER COUNSELING INTAKE. IN 2024 AND 2023, THIS PROGRAM SERVED OVER 1,693 AND 1,845 CLIENTS, RESPECTIVELY.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt01451139

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