Shelter Providers Of Puget Sound Inc
- Assets
- $184.4k
- Revenue
- $257.2k
- Investments
- $0.0
- Employees
- 1
- Location
- Bellevue, WA
- Founding
- 10/1995
- Data as of
- 12/2023
- EIN
- 47-2626294
Organization Overview
Shelter Providers Of Puget Sound Inc is located in Bellevue, WA. The organization was established in 1995. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., under the broad grouping of Housing & Shelter and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Shelter Providers Of Puget Sound Inc 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 12/2023, Shelter Providers Of Puget Sound Inc generated $257.2k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 8.6% each year. All expenses for the organization totaled $121.6k during the year ending 12/2023. While expenses have increased by 3.6% per year over the past 4 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
ESTABLISHED IN 2014, HOMEAID PUGET SOUND IS A 501(C)(3) NON-PROFIT ORGANIZATION DEDICATED TO BUILDING AND REMODELING SHELTERS, MULTI-UNIT HOUSING, RAPID REHOUSING AND PERMANENT SUPPORTIVE HOUSING FOR TEMPORARILY HOMELESS MEN, WOMEN AND CHILDREN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOUSING DEVELOPMENT PROGRAM - THIS PROGRAM INVOLVES THE CONSTRUCTION ON CHARITY OWNED LAND. PROJECTS INVOLVE REMODELING AND BUILDING SHELTERS AND HOUSING STRUCTURES FROM THE GROUND UP. BOTH NEW CONSTRUCTION AND RENNOVATIONS ARE FINANCED BY CASH CONTRIBUTIONS AS WELL AS IN-KIND SERVICES AND BUILDING MATERIALS FROM BUILDING INDUSTRY PARTNERS. SOUND CARES PROGRAM - ENSURES ITS INVESTMENTS REMAIN AN ASSET TO THE COMMUNITY THROUGH THE MAINTENANCE OF THE HOUSING AND SHELTERS BUILD ON THE GROUNDS WHERE IT IS LOCATED. VOLUNTEERS SUPPORT PROJECTS NEEDING TO BE DONE FOR ALL NON-PROFIT CARE PROVIDERS SERVING THE HOMELESS. ADDITIONALLY, THIS PROGRAM COORDINATES COMMUNITY OUTREACH INITIATIVES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Gray President | OfficerTrustee | 2 | $0 |
Bill Salvesen Vice President | OfficerTrustee | 2 | $0 |
Breann Colvin Treasurer | OfficerTrustee | 2 | $0 |
Lauren Jessup Secretary | OfficerTrustee | 2 | $0 |
David Adams Director | Trustee | 2 | $0 |
Angie Castle Director | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $242,618 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $242,618 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $14,553 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $257,171 |
| 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 | $100,891 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,439 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,427 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $142 |
| Office expenses | $201 |
| Information technology | $900 |
| Royalties | $0 |
| Occupancy | $550 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,533 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $187 |
| Insurance | $870 |
| All other expenses | $939 |
| Total functional expenses | $121,601 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $28,656 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $151,518 |
| Accounts receivable, net | $0 |
| 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 | $3,335 |
| Net Land, buildings, and equipment | $936 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $184,445 |
| Accounts payable and accrued expenses | $9,288 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $9,288 |
| Net assets without donor restrictions | $1,243 |
| Net assets with donor restrictions | $173,914 |
| 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 | $184,445 |