Form 990, Page 6, Part VI, Line 11B
“The 990 is provided to the board of directors finance committee for review.”
990 • Fiscal year 2024 • EIN 91-0933023
Scores are not available for this record yet.
Assets
Up$20,876,268
Up $348,017 (+1.7%) from 2023
Net Assets
Up$14,140,589
Up $356,327 (+2.6%) from 2023
Liabilities
Down$6,735,679
Down $8,310 (-0.1%) from 2023
Revenue
Up$5,839,815
Up $1,220,880 (+26%) from 2023
Expenses
Up$5,483,488
Up $1,490,127 (+37%) from 2023
Net Income
Down$356,327
Down $269,247 (-43%) from 2023
We create affordable housing as a catalyst to help communities thrive.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $9,666,853 | $9,235,708 | ▼ $431,145 |
| Other Notes and Loans Receivable, Net | $5,364,113 | $5,636,689 | ▲ $272,576 |
| Accounts Receivable | $747,097 | $1,777,238 | ▲ $1,030,141 |
| Savings and Temporary Cash Investments | $1,928,112 | $1,500,250 | ▼ $427,862 |
| Investments in Publicly Traded Securities | $1,332,736 | $965,088 | ▼ $367,648 |
| Cash and Non-Interest-Bearing Accounts | $1,106,792 | $681,706 | ▼ $425,086 |
| Prepaid Expenses and Deferred Charges | $234,690 | $330,651 | ▲ $95,961 |
| Inventories for Sale or Use | - | $288,540 | - |
| Investments Program Related | $74,973 | $66,439 | ▼ $8,534 |
| Total Assets | $20,528,251 | $20,876,268 | ▲ $348,017 |
| Other Assets Total | $72,885 | $393,959 | ▲ $321,074 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $4,668,541 | $4,627,752 | ▼ $40,789 |
| Accounts Payable and Accrued Expenses | $941,599 | $1,044,852 | ▲ $103,253 |
| Tax Exempt Bond Liabilities | $925,974 | $891,344 | ▼ $34,630 |
| Other Liabilities | $199,035 | $171,731 | ▼ $27,304 |
| Deferred Revenue | $8,840 | - | - |
| Total Liabilities | $6,743,989 | $6,735,679 | ▼ $8,310 |
| Net Assets / Fund Balance | |||
| Net Assets With Donor Restrictions | $11,679,854 | $11,771,740 | ▲ $91,886 |
| Net Assets Without Donor Restrictions | $2,104,408 | $2,368,849 | ▲ $264,441 |
| Total Net Assets Fund Balance | $13,784,262 | $14,140,589 | ▲ $356,327 |
| Total Liabilities and Net Assets / Fund Balance | $20,528,251 | $20,876,268 | ▲ $348,017 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $7,951,833 | $3,535,889 | $11,487,722 |
| Land | $1,152,005 | - | $1,152,005 |
| Equipment | $130,963 | $188,248 | $319,211 |
| Other Land Buildings | $907 | $31,241 | $32,148 |
| Name | Title | Base | Total |
|---|---|---|---|
| Deborah Elzinga | President & | $124,496 | $124,496 |
| Heather Lyons | Director | $113,313 | $113,313 |
| Wyndell Wilhelm | CFO | $109,370 | $109,370 |
| Max Benson | Director | $108,731 | $108,731 |
| Name | Title |
|---|---|
| Christina Pegg | Chair |
| Janet Case | Vice Chair |
| Angela Kieffer | Director |
| Bridget Callahan Glasspoole | Director |
| Jacquelynne Sandoval | Director |
| Liz Marlin | Director |
| Madeline Arredondo | Director |
| Rolan Yetter | Director |
| Shanna Cejka | Director |
| Kirsten Ehrhardt | Secretary |
| Sawyer Margett | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $3,827,643 |
| Salaries, Compensation, and Employee Benefits | $1,655,845 |
| Total Fundraising Expense | $11,316 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $777,602 | $434,948 | $9,397 | $1,221,947 |
| Depreciation Depletion | $479,520 | $2,767 | - | $482,287 |
| Payroll Taxes | $171,121 | $260,858 | $1,919 | $433,898 |
| Fees for Services Management | $349,410 | - | - | $349,410 |
| Interest | $148,579 | - | - | $148,579 |
| All Other Expenses | $86,902 | $61,261 | - | $148,163 |
| Fees for Services Other | $23,003 | $94,925 | - | $117,928 |
| Insurance | $104,894 | $7,090 | - | $111,984 |
| Occupancy | $6,657 | $84,673 | - | $91,330 |
| Fees for Services Accounting | $34,737 | $29,580 | - | $64,317 |
| Other Expenses | $4,163 | $57,180 | - | $61,343 |
| Travel | $26,133 | $12,733 | - | $38,866 |
| Office Expenses | $1,716 | $19,194 | - | $20,910 |
| Advertising | $2,798 | $1,452 | - | $4,250 |
| Total Functional Expenses | $4,404,658 | $1,067,514 | $11,316 | $5,483,488 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $5,483,488 |
| Total Expenses per Audited Statements | $5,483,488 |
| Total Expenses per Form 990 | $5,483,488 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Long Term Debt | $73,125 |
| Lease Liability - Operating Lease | $68,710 |
| Prepaid Rent & Sec Deposits | $50,268 |
| Unamortized Loan Fee | $-20,372 |
| Bond | Issuer | Issued | Issue Price | Purpose |
|---|---|---|---|---|
| A | Banner Bank | 2010-12-22 | $1,250,000 | BUILDING CONSTRUCTION |
| Bond | Total Proceeds | Spent | Retired | Issuance Costs |
|---|---|---|---|---|
| A | - | - | - | - |
“The 990 is provided to the board of directors finance committee for review.”
“The executive coordinator is responsible to provide policy and disclosure forms to board and staff on an annual basis, to collect interim disclosures, and to counsel staff and board on appropirate relationships. Violations are reported to executive director and handled in accordance with the plan.”
“Compensation for the executive director, top management, key employees, and other officers are determined by a review and approval by independent persons and comparability data.”
“Compensation for the executive director, top management, key employees, and other officers are determined by a review and approval by independent persons and comparability data.”
“Items are made available to outside parties on a need to know basis (i.e. A funder) and/or in accordance with laws and regulations.”
“Asset management - provide direction and oversight to property management contractor and compliance reports to funders. Technical assistance - offers organizational, housing project, and program development services and training to improve and enhance the ability of local players in washington, idaho, and some parts of montana to produces and preserve affordable housing in their communities.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 1716 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 20910 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OnBehalfOfIssuerInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 72885 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 393959 |
| IRS990/OtherExpensesGrp/Desc | 0 | PROGRAM EXPENSES |
| IRS990/OtherExpensesGrp/Desc | 1 | BUILDING MAINTENANCE |
| IRS990/OtherExpensesGrp/Desc | 2 | UTILITIES |
| IRS990/OtherExpensesGrp/Desc | 3 | DUES & SUBSCRIPTIONS |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 725 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 128 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 57180 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 1889306 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 152219 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 145898 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 4163 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 1889306 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 152944 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 146026 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 61343 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 199035 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 171731 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | SALE OF REAL ESTATE INVENTORY |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 224194 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 224194 |
| IRS990/OtherRevenueTotalAmt | 0 | 224194 |
| IRS990/OtherSalariesAndWagesGrp/FundraisingAmt | 0 | 9397 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 434948 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 777602 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 1221947 |
| IRS990/OtherWebsiteInd | 0 | X |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 5364113 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 5636689 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PayrollTaxesGrp/FundraisingAmt | 0 | 1919 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 260858 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 171121 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 433898 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 234690 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 330651 |
| IRS990/PrincipalOfficerNm | 0 | DEBORAH ELZINGA |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | DEVELOPMENT SERVICES |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | AFFORDABLE HSG. RENTALS |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | OTHER INCOME |
| IRS990/ProgramServiceRevenueGrp/Desc | 3 | PROGRAM SERVICE |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 1689497 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 940569 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 182045 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 3 | 12341 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 1689497 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 940569 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 182045 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 3 | 12341 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | HOMEOWNERSHIP PRODUCTION PROGRAM - PRODUCES AFFORDABLE HOMES AND CONDOMINIUMS FOR PURCHASE BY LOW INCOME HOUSEHOLDS IN THE VICINITY OF OUR OFFICE LOCATIONS. |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 115421 |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | DEVELOPMENT SERVICES - PRODUCES AFFORDABLE HOMES FOR ORGANIZATIONAL CLIENTS IN WASHINGTON AND IDAHO TO OWN AND MANAGE IN THE LOCATIONS THEY SERVE, AND TO A LIMITED EXTENT DEVELOPS UNITS TO BE OWNED BY THE ORGANIZATION. |
| IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt | 0 | 502719 |
| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 0 | ASSET MANAGEMENT - PROVIDE DIRECTION AND OVERSIGHT TO PROPERTY MANAGEMENT CONTRACTOR AND COMPLIANCE REPORTS TO FUNDERS. TECHNICAL ASSISTANCE - OFFERS ORGANIZATIONAL, HOUSING PROJECT, AND PROGRAM DEVELOPMENT SERVICES AND TRAINING TO IMPROVE AND ENHANCE THE ABILITY OF LOCAL PLAYERS IN WASHINGTON, IDAHO, AND SOME PARTS OF MONTANA TO PRODUCES AND PRESERVE AFFORDABLE HOUSING IN THEIR COMMUNITIES. |
| IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt | 0 | 1759019 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 1456699 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | 71790 |
| IRS990/PYOtherExpensesAmt | 0 | 2544081 |
| IRS990/PYOtherRevenueAmt | 0 | 890000 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 2200446 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 625574 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 1449280 |
| IRS990/PYTotalExpensesAmt | 0 | 3993361 |
| IRS990/PYTotalRevenueAmt | 0 | 4618935 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 356327 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | true |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 1928112 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 1500250 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 2627600 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 1456699 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 4693388 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 2976023 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 2477914 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 14231624 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 172102 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 58536 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 37867 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 68453 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 52207 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 389165 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 12206988 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.89740 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.91810 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 13120612 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 1111012 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 2627600 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 1456699 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 4693388 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 2976023 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 2477914 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 14231624 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 14620789 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | true |
| IRS990ScheduleC/DirectContactLegislatorsInd | 0 | false |
| IRS990ScheduleC/GrantsOtherOrganizationsInd | 0 | false |
| IRS990ScheduleC/MailingsMembersInd | 0 | false |
| IRS990ScheduleC/MediaAdvertisementsInd | 0 | false |
| IRS990ScheduleC/NotDescribedSection501c3Ind | 0 | false |
| IRS990ScheduleC/OtherActivitiesInd | 0 | false |
| IRS990ScheduleC/PaidStaffOrManagementInd | 0 | true |
| IRS990ScheduleC/PublicationsOrBroadcastInd | 0 | false |
| IRS990ScheduleC/RalliesDemonstrationsAmt | 0 | 914 |
| IRS990ScheduleC/RalliesDemonstrationsInd | 0 | true |
| IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt | 0 | STAFF & TRAVEL EXPENSES RELATED TO VARIOUS LOBBYING ACTIVITIES. |
| IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE C, PART IV |
| IRS990ScheduleC/TotalLobbyingExpendituresAmt | 0 | 914 |
| IRS990ScheduleC/VolunteersInd | 0 | false |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 7951833 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 3535889 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 11487722 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 130963 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 188248 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 319211 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 5483488 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 1152005 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 1152005 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 907 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 31241 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 32148 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 73125 |
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Displayed year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.