Community Frameworks
- Assets
- $20.5m
- Revenue
- $4.6m
- Investments
- $0.0
- Employees
- 21
- Location
- Spokane, WA
- Founding
- 03/1975
- Data as of
- 06/2023
- EIN
- 91-0933023
Organization Overview
Community Frameworks is located in Spokane, WA. The organization was established in 1975. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2023, Community Frameworks employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Frameworks 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 06/2023, Community Frameworks generated $4.6m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $4.0m during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (2.5%) per year over the past 8 years. 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
WE CREATE AFFORDABLE HOUSING AS A CATALYST TO HELP COMMUNITIES THRIVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SHOP PROGRAM - PROVIDES PASS-THROUGH LOANS AND TECHNICAL ASSISTANCE TO SELF-HELP AFFORDABLE HOMEOWNERSHIP PROGRAMS IN WASHINGTON, IDAHO, AND MONTANA, PRIMARILY USING HUD RESOURCES
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.
HOMEOWNERSHIP PRODUCTION PROGRAM - PRODUCES AFFORDABLE HOMES AND CONDOMINIUMS FOR PURCHASE BY LOW INCOME HOUSEHOLDS IN THE VICINITY OF OUR OFFICE LOCATIONS.
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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Norris Treasurer | OfficerTrustee | $0 | |
Christina Pegg Chair | OfficerTrustee | $0 | |
Grant Nixon Director | Trustee | $0 | |
Deborah Elzinga President & | Officer | $109,366 | |
Madeline Arredondo Director | Trustee | $0 | |
Janet Case Vice Chair | OfficerTrustee | $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 | $1,456,699 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,456,699 |
| Total Program Service Revenue | $2,200,446 |
| Investment income | $71,790 |
| 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 | $4,618,935 |
| 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 | $1,036,655 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $412,625 |
| Fees for services: Management | $277,858 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $42,889 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $142,485 |
| Advertising and promotion | $7,846 |
| Office expenses | $11,949 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $85,048 |
| Travel | $30,860 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $138,041 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $469,639 |
| Insurance | $78,822 |
| All other expenses | $169,871 |
| Total functional expenses | $3,993,361 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,106,792 |
| Savings and temporary cash investments | $1,928,112 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $747,097 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $5,364,113 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $234,690 |
| Net Land, buildings, and equipment | $9,666,853 |
| Investments—publicly traded securities | $1,332,736 |
| Investments—other securities | $0 |
| Investments—program-related | $74,973 |
| Intangible assets | $0 |
| Other assets | $72,885 |
| Total assets | $20,528,251 |
| Accounts payable and accrued expenses | $941,599 |
| Grants payable | $0 |
| Deferred revenue | $8,840 |
| Tax-exempt bond liabilities | $925,974 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $4,668,541 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $199,035 |
| Total liabilities | $6,743,989 |
| Net assets without donor restrictions | $2,104,408 |
| Net assets with donor restrictions | $11,679,854 |
| 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 | $20,528,251 |