Civic Intelligence

Imagine Housing Communities

990 • Fiscal year 2014 • EIN 91-1559906

Jan 01, 2014 to Dec 31, 2014 • Filed on Jun 23, 2015

10604 NE 38th Place No 215Kirkland, WA 98033

(425) 576-5190

Siviq Scores

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

Liabilities / Assets

76th percentile

0.58x

Higher debt load relative to assets than 76% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Liabilities / Revenue

97th percentile

11.31x

Higher debt load relative to revenue than 97% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Net Margin

8th percentile

-25%

Higher net margin than 8% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Top Officer Pay

26th percentile

$108,561

Higher top officer pay than 26% of similar nonprofits.

Top officer pay equals 19.7% of source-year revenue.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Asset Growth

31st percentile

-0.7%

Faster asset growth than 31% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2013 to 2014

Revenue Growth

72nd percentile

15%

Faster revenue growth than 72% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2013 to 2014

Assets

Down

$10,742,455

Down $76,706 (-0.7%) from 2013

Net Assets

Down

$4,494,833

Down $137,496 (-3.0%) from 2013

Liabilities

Up

$6,247,622

Up $60,790 (+1.0%) from 2013

Revenue

Up

$552,460

Up $70,550 (+15%) from 2013

Expenses

Down

$689,956

Down $3,501 (-0.5%) from 2013

Net Income

Up

-$137,496

Up $74,051 (+35%) from 2013

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2010: $5,409,818Liabilities 2010: $3,538,131Net Assets 2010: $1,871,6872010Assets 2011: $11,250,712Liabilities 2011: $6,225,750Net Assets 2011: $5,024,9622011Assets 2012: $11,033,405Liabilities 2012: $6,189,267Net Assets 2012: $4,844,1382012Assets 2013: $10,819,161Liabilities 2013: $6,186,832Net Assets 2013: $4,632,3292013Assets 2014: $10,742,455Liabilities 2014: $6,247,622Net Assets 2014: $4,494,8332014Assets 2015: $10,506,971Liabilities 2015: $6,187,592Net Assets 2015: $4,319,3792015Assets 2016: $10,341,117Liabilities 2016: $6,251,404Net Assets 2016: $4,089,7132016Assets 2017: $9,934,081Liabilities 2017: $6,083,903Net Assets 2017: $3,850,1782017Assets 2018: $9,933,817Liabilities 2018: $6,230,484Net Assets 2018: $3,703,3332018Assets 2019: $9,608,185Liabilities 2019: $6,138,351Net Assets 2019: $3,469,8342019Assets 2020: $9,285,089Liabilities 2020: $6,114,751Net Assets 2020: $3,170,3382020Assets 2021: $9,141,383Liabilities 2021: $6,179,097Net Assets 2021: $2,962,2862021Assets 2022: $9,052,071Liabilities 2022: $6,253,983Net Assets 2022: $2,798,0882022Assets 2023: $8,800,528Liabilities 2023: $6,131,353Net Assets 2023: $2,669,1752023Assets 2024: $8,570,911Liabilities 2024: $6,141,639Net Assets 2024: $2,429,2722024

Highlighted filing

2014

Assets$10,742,455
Liabilities$6,247,622
Net Assets$4,494,833

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $73,0982010Revenue 2011: $3,565,054Expenses 2011: $411,779Net Income 2011: $3,153,2752011Expenses 2012: $690,0662012Revenue 2013: $481,910Expenses 2013: $693,457Net Income 2013: -$211,5472013Revenue 2014: $552,460Expenses 2014: $689,956Net Income 2014: -$137,4962014Revenue 2015: $549,597Expenses 2015: $725,051Net Income 2015: -$175,4542015Revenue 2016: $591,431Expenses 2016: $821,097Net Income 2016: -$229,6662016Revenue 2017: $555,752Expenses 2017: $795,287Net Income 2017: -$239,5352017Revenue 2018: $728,308Expenses 2018: $875,151Net Income 2018: -$146,8432018Revenue 2019: $665,899Expenses 2019: $899,398Net Income 2019: -$233,4992019Revenue 2020: $718,844Expenses 2020: $1,018,340Net Income 2020: -$299,4962020Revenue 2021: $781,330Expenses 2021: $989,382Net Income 2021: -$208,0522021Revenue 2022: $803,528Expenses 2022: $967,726Net Income 2022: -$164,1982022Revenue 2023: $880,975Expenses 2023: $1,033,573Net Income 2023: -$152,5982023Revenue 2024: $818,880Expenses 2024: $1,058,783Net Income 2024: -$239,9032024

Highlighted filing

2014

Revenue$552,460
Expenses$689,956
Net Income-$137,496
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Jun 23, 2015
Return Version
2014v5.0
Gross Receipts
$552,501
Mission and Program Overview

Mission

Empowers individuals and families, supports diversity, and strengthens communities by developing permanent affordable rental housing and providing supportive services.

Develop, own and operate housing for low-income households in East King County.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$10,214,165$9,949,148▼ $265,017
Cash and Non-Interest-Bearing Accounts$200,892$233,878▲ $32,986
Intangible Assets$218,344$212,365▼ $5,979
Savings and Temporary Cash Investments$26,106$26,119▲ $13
Pledges and Grants Receivable$-6,176$22,016▲ $28,192
Accounts Receivable$7,891$10,354▲ $2,463
Prepaid Expenses and Deferred Charges$6,377$6,211▼ $166
Total Assets$10,819,161$10,742,455▼ $76,706
Other Assets Total$151,562$282,364▲ $130,802
Liabilities
Mortgage Notes Payable Secured by Investment Property$6,140,105$6,140,105→ $0
Other Liabilities$17,430$86,104▲ $68,674
Accounts Payable and Accrued Expenses$18,147$20,835▲ $2,688
Deferred Revenue$11,150$578▼ $10,572
Total Liabilities$6,186,832$6,247,622▲ $60,790
Net Assets / Fund Balance
Unrestricted Net Assets$4,632,329$4,494,833▼ $137,496
Total Net Assets Fund Balance$4,632,329$4,494,833▼ $137,496
Total Liabilities and Net Assets / Fund Balance$10,819,161$10,742,455▼ $76,706

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$7,956,251$723,127$8,679,378
Land$1,586,333-$1,586,333
Other Land Buildings$313,812$89,053$402,865
Equipment$92,752$82,475$175,227
Compensation and Service Providers

Employees

NameTitleBaseOtherTotal
Ann LevineExecutive Director$3,335$105,226$108,561
Sue BlivenDirector of Finance$5,200$75,550$80,750

Board Members and Trustees

NameTitle
Linda BergamPresident
Jeff ChurchillVice-president
Darel HarrisonDirector
Debi Miller-MurphyDirector
Jenive BrooksDirector
Josh HowardDirector
Judy GowdyDirector
Katrina FaberDirector
Kevin SykesDirector
Quiana RossDirector
Sterling BentsenDirector
Gary HellingInterim Executive Director
Neil MarisSecretary/Treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Imagine HousingCase Management10604 NE 38th Place Suite 215, Kirkland, WA 98033$144,538
Revenue and Support

Revenue Composition

Contributions and Grants
$391,689
Program Service Revenue
$145,234
Investment Income
$272
Other Revenue
$15,265
Change in Net Assets
$-137,496
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$689,956
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$274,922--$274,922
Fees for Services Other$147,865--$147,865
Occupancy$140,964--$140,964
Office Expenses$11,949$3,983-$15,932
Fees for Services Management$12,000--$12,000
Fees for Services Accounting-$10,115-$10,115
Information Technology$1,096--$1,096
Travel$375--$375
Fees for Services Legal$215--$215
Other Expenses$79--$79
Advertising$25--$25
Total Functional Expenses$675,858$14,098$0$689,956
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
VA GPD Excess Per Diem Due$40,081
Due to Related Party$33,090
Tenant Security Deposit$6,490
Developer Fee Payable$6,443
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, line 3

The organization has delegated the management of the rental property to FPI Management Inc.

Form 990, Part VI, Section A, line 6

There shall be one voting member of the Corporation which shall be Imagine Housing, a Washington nonprofit corporation (formerly known as St. Andrew's Housing Group) (the "Member").

Form 990, Part VI, Section A, line 7A

The Member shall have the following powers: a. Approve of any proposed appointment to or removal of a director from the board of directors prior to any proposed appointment or removal being subject to a final vote by the Corporation's board of directors; and b. Approve of any amendments to these Bylaws prior to any such amendment being presented to the Corporation's board of directors for a vote.

Form 990, Part VI, Section B, line 11

The form 990 is reviewed by the Director of Finance and the Executive Director and is made available to the Board of Directors prior to filing.

Form 990, Part VI, Section B, line 12C

The Board reviews the conflict of interest policy on an annual basis, and each board member signs a Statement of Acknowledgment and Compliance with Imagine Housing and Affiliates' Conflicts of Interest Policy that states they do not have a conflict of interest as defined in the policy. Also, if a potential conflict arises, the board member abstains from any discussion and/or vote on that issue. It is documented in the board minutes.

Form 990, Part VI, Section B, line 15

Salary surveys, such as the United Way Salary Survey, are reviewed when making salary decisions. The Executive Committee (made up of Board officers) makes decisions regarding the Executive Director's compensation, and the Executive Director and the Executive Committee jointly make decisions regarding compensation for other employees.

Form 990, Part VI, Section C, line 19

The audited financial information is available on the web through the WA Secretary of State Charitable Solicitations and Trusts. Imagine Housing and Affiliates posts its annual report on our website which includes financial information and contact information for those who want additional details. Financial information is also available through independent websites, such as GuideStar.

Filing and Contact Details

Filer

Filer Name
Red Vines 1
EIN
91-1559906
Phone
4255765190
Address
10604 NE 38th Place No 215, Kirkland, WA 98033

Signing Officer

Name
Sue Bliven
Title
Director of Finance
Phone
4255765190
Signed
2015-06-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gary Helling
Formed
1992
Legal Domicile
Wa
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
50

Preparer

Firm
Watson & McDonell PLLC
Address
1325 4th Avenue Suite 1705, Seattle, WA 98101-2528
Preparer
Susan Reilly
Phone
2066242380
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 11G

Other fees-ProgServ-990 : Program service expenses 3,327. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,327. Case Management: Program service expenses 144,538. Management and general expenses 0. Fundraising expenses 0. Total expenses 144,538.

Financial Statement Notes

Part X, Line 2:

Imagine Housing and Red Vines 1 are exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code. They have been classified as organizations that are not private foundations within the meaning of Section 509(a) because they are organizations of the type described in Section 509(a)(2). Ruby LLC, Roots I LLC, South KTOD Development LLC, Imagine Gardens LLC, and RV Manager LLC are single member limited liability companies. Imagine Housing is the sole member of Ruby LLC, Roots I LLC, South KTOD Development LLC and Imagine Gardens LLC. Red Vines 1 is the sole member of RV Manager LLC. Ruby LLC, Roots I LLC, South KTOD Development LLC, Imagine Gardens LLC, and RV Manager LLC are disregarded entities for tax purposes. The Organization's income tax filings are subject to examination by various taxing authorities. The Organization's open examination periods are 2011 and thereafter. The Organization has evaluated its tax positions and concluded that it has taken no uncertain tax positions that would require adjustment to the financial statements. In addition, the Organization is not aware of any matters that would cause the loss of its tax-exempt status.

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IRS990/Form990PartVIISectionAGrp/PersonNm2Neil Maris
IRS990/Form990PartVIISectionAGrp/PersonNm3Darel Harrison
IRS990/Form990PartVIISectionAGrp/PersonNm4Sterling Bentsen
IRS990/Form990PartVIISectionAGrp/PersonNm5Jenive Brooks
IRS990/Form990PartVIISectionAGrp/PersonNm6Josh Howard
IRS990/Form990PartVIISectionAGrp/PersonNm7Quiana Ross
IRS990/Form990PartVIISectionAGrp/PersonNm8Katrina Faber
IRS990/Form990PartVIISectionAGrp/PersonNm9Kevin Sykes
IRS990/Form990PartVIISectionAGrp/PersonNm10Judy Gowdy
IRS990/Form990PartVIISectionAGrp/PersonNm11Debi Miller-Murphy
IRS990/Form990PartVIISectionAGrp/PersonNm12Sue Bliven
IRS990/Form990PartVIISectionAGrp/PersonNm13Ann Levine
IRS990/Form990PartVIISectionAGrp/PersonNm14Gary Helling
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IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice-president
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary/Treasurer
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IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director of Finance
IRS990/Form990PartVIISectionAGrp/TitleTxt13Executive Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Interim Executive Director
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IRS990/FormationYr01992
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IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0Empowers individuals and families, supports diversity, and strengthens communities by developing permanent affordable rental housing and providing supportive services.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
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IRS990/NetAssetsOrFundBalancesEOYAmt04494833
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-41
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IRS990/OccupancyGrp/TotalAmt0140964
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03983
IRS990/OfficeExpensesGrp/ProgramServicesAmt011949
IRS990/OfficeExpensesGrp/TotalAmt015932
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
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IRS990/OtherAssetsTotalGrp/EOYAmt0282364
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Reimbursement of payrol
IRS990/OtherExpensesGrp/Desc1Tenant Relations and Sc
IRS990/OtherExpensesGrp/Desc2Technical Assist/Condo
IRS990/OtherExpensesGrp/ProgramServicesAmt085134
IRS990/OtherExpensesGrp/ProgramServicesAmt11234
IRS990/OtherExpensesGrp/ProgramServicesAmt279
IRS990/OtherExpensesGrp/TotalAmt085134
IRS990/OtherExpensesGrp/TotalAmt11234
IRS990/OtherExpensesGrp/TotalAmt279
IRS990/OtherLiabilitiesGrp/BOYAmt017430
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IRS990/OtherRevenueMiscGrp/BusinessCd0531110
IRS990/OtherRevenueMiscGrp/Desc0Fees to define & imple
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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt015265
IRS990/OtherRevenueTotalAmt015265
IRS990/PartialLiquidationInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0-6176
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt022016
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06377
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt06211
IRS990/PrincipalOfficerNm0Gary Helling
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0Rental Income & Relate
IRS990/ProgramServiceRevenueGrp/Desc1Property/Affiliate-AMF
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0130234
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt115000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0130234
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt115000
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0359944
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0184518
IRS990/PYInvestmentIncomeAmt0420
IRS990/PYOtherExpensesAmt0508939
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0121546
IRS990/PYRevenuesLessExpensesAmt0-211547
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0693457
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0481910
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-137496
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt024000
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0160499
IRS990/SavingsAndTempCashInvstGrp/BOYAmt026106
IRS990/SavingsAndTempCashInvstGrp/EOYAmt026119
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0943110312
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeDesc0501(c)(3)
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0144538
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0Imagine Housing
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt0144538
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/BookValueAmt07956251
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0723127
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt08679378
IRS990ScheduleD/EquipmentGrp/BookValueAmt092752
IRS990ScheduleD/EquipmentGrp/DepreciationAmt082475
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0175227
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt01586333
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01586333
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0313812
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt089053
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0402865
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt033090
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt16443
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt26490
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt340081
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Due to Related Party
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Developer Fee Payable
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Tenant Security Deposit
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3VA GPD Excess Per Diem Due
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Imagine Housing and Red Vines 1 are exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code. They have been classified as organizations that are not private foundations within the meaning of Section 509(a) because they are organizations of the type described in Section 509(a)(2). Ruby LLC, Roots I LLC, South KTOD Development LLC, Imagine Gardens LLC, and RV Manager LLC are single member limited liability companies. Imagine Housing is the sole member of Ruby LLC, Roots I LLC, South KTOD Development LLC and Imagine Gardens LLC. Red Vines 1 is the sole member of RV Manager LLC. Ruby LLC, Roots I LLC, South KTOD Development LLC, Imagine Gardens LLC, and RV Manager LLC are disregarded entities for tax purposes. The Organization's income tax filings are subject to examination by various taxing authorities. The Organization's open examination periods are 2011 and thereafter. The Organization has evaluated its tax positions and concluded that it has taken no uncertain tax positions that would require adjustment to the financial statements. In addition, the Organization is not aware of any matters that would cause the loss of its tax-exempt status.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt09949148
IRS990ScheduleD/TotalLiabilityAmt086104
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The organization has delegated the management of the rental property to FPI Management Inc.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1There shall be one voting member of the Corporation which shall be Imagine Housing, a Washington nonprofit corporation (formerly known as St. Andrew's Housing Group) (the "Member").
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Member shall have the following powers: a. Approve of any proposed appointment to or removal of a director from the board of directors prior to any proposed appointment or removal being subject to a final vote by the Corporation's board of directors; and b. Approve of any amendments to these Bylaws prior to any such amendment being presented to the Corporation's board of directors for a vote.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The form 990 is reviewed by the Director of Finance and the Executive Director and is made available to the Board of Directors prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The Board reviews the conflict of interest policy on an annual basis, and each board member signs a Statement of Acknowledgment and Compliance with Imagine Housing and Affiliates' Conflicts of Interest Policy that states they do not have a conflict of interest as defined in the policy. Also, if a potential conflict arises, the board member abstains from any discussion and/or vote on that issue. It is documented in the board minutes.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Salary surveys, such as the United Way Salary Survey, are reviewed when making salary decisions. The Executive Committee (made up of Board officers) makes decisions regarding the Executive Director's compensation, and the Executive Director and the Executive Committee jointly make decisions regarding compensation for other employees.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6The audited financial information is available on the web through the WA Secretary of State Charitable Solicitations and Trusts. Imagine Housing and Affiliates posts its annual report on our website which includes financial information and contact information for those who want additional details. Financial information is also available through independent websites, such as GuideStar.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Other fees-ProgServ-990 : Program service expenses 3,327. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,327. Case Management: Program service expenses 144,538. Management and general expenses 0. Fundraising expenses 0. Total expenses 144,538.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section B, line 15

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.57$6.14$2.43$0.82$1.06$0.24
2023Summary only. Only limited summary data is available for this year.$8.80$6.13$2.67$0.88$1.03$0.15
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.05$6.25$2.80$0.80$0.97$0.16
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.14$6.18$2.96$0.78$0.99$0.21
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.29$6.11$3.17$0.72$1.02$0.30
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.61$6.14$3.47$0.67$0.90$0.23
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.93$6.23$3.70$0.73$0.88$0.15
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.93$6.08$3.85$0.56$0.80$0.24
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.3$6.25$4.09$0.59$0.82$0.23
2015Detailed filing. Detailed filing data is available for this year.$10.5$6.19$4.32$0.55$0.73$0.18
2014Detailed filing. Detailed filing data is available for this year.$10.7$6.25$4.49$0.55$0.69$0.14
2013Detailed filing. Detailed filing data is available for this year.$10.8$6.19$4.63$0.48$0.69$0.21
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.0$6.19$4.84$0.69
2011Summary only. Only limited summary data is available for this year.$11.3$6.23$5.02$3.57$0.41$3.15
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.41$3.54$1.87$0.07
Peer Organizations

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