Willows At Melvin Place
- Assets
- $1.6m
- Revenue
- $91.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Everett, WA
- Founding
- 07/2009
- Data as of
- 04/2022
- EIN
- 26-4580465
Organization Overview
Willows At Melvin Place is located in Everett, WA. The organization was established in 2009. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Willows At Melvin Place is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 04/2022, Willows At Melvin Place generated $91.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $150.6k during the year ending 04/2022. While expenses have increased by 3.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
CREATING PATHWAYS TO COMMUNITY BY ADDRESSING AFFORDABLE HOUSING NEEDS OF DISABLED PERSONS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE AFFORDABLE SUPPORTIVE HOUSING NEEDS OF COMMUNITY MEMBERS WHO STRUGGLE WITH MENTAL OR PHYSICAL DISABILITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Hanks President | OfficerTrustee | 3 | $0 |
Christine Shields Vice President | OfficerTrustee | 2 | $0 |
Cheri Wright Secretary/treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $59,518 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $59,518 |
| Total Program Service Revenue | $31,526 |
| Investment income | $13 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $91,057 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $11,351 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,071 |
| Payroll taxes | $948 |
| Fees for services: Management | $4,641 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,302 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $4,926 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $11,376 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $201 |
| Interest | $2,700 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $55,853 |
| Insurance | $8,415 |
| All other expenses | $44 |
| Total functional expenses | $150,633 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,547 |
| Savings and temporary cash investments | $24,924 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $18,963 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $6,520 |
| Net Land, buildings, and equipment | $1,515,072 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,576,026 |
| Accounts payable and accrued expenses | $4,920 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $1,767 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $2,175,900 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,182,587 |
| Net assets without donor restrictions | -$606,561 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,576,026 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Plymouth Housing Group Seattle, WA | $309,732,107 | $48,610,871 |
Reach Community Development Inc Portland, OR | $100,210,196 | $29,644,026 |
Archdiocesan Housing Authority Seattle, WA | $126,256,041 | $25,902,954 |
Herons Key Redmond, WA | $136,208,870 | $21,024,453 |
Oregon Coast Community Action Coos Bay, OR | $16,109,030 | $18,585,692 |
Habitat For Humanity Portland Metro East Portland, OR | $35,667,707 | $17,313,274 |
Oregon Affordable Housing Assistance Corporation Salem, OR | $27,410,918 | $14,226,353 |
Habitat For Humanity International Renton, WA | $48,435,558 | $16,565,200 |
Umpqua Community Development Corporation Roseburg, OR | $52,044,965 | $9,776,284 |
Northwest Real Estate Capital Corporation Boise, ID | $42,438,639 | $10,028,848 |
Bienestar Inc Hillsboro, OR | $44,494,101 | $8,073,400 |
Sequoia Mental Health Services Inc Beaverton, OR | $13,233,092 | $9,043,542 |