Interim Community Development Association
- Assets
- $18.6m
- Revenue
- $4.9m
- Investments
- $0.0
- Employees
- 48
- Location
- Seattle, WA
- Founding
- 09/1979
- Data as of
- 12/2021
- EIN
- 91-1071277
Organization Overview
Interim Community Development Association is located in Seattle, WA. The organization was established in 1979. 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 12/2021, Interim Community Development Association employed 48 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Interim Community Development Association 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 12/2021, Interim Community Development Association generated $4.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.8% each year . All expenses for the organization totaled $4.1m during the year ending 12/2021. While expenses have increased by 14.4% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
ADVANCING SOCIAL JUSTICE AND EQUITY FOR LOW INCOME, ASIAN AND PACIFIC ISLANDERS, REFUGEE, AND IMMIGRANT COMMUNITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOUSING PLANNING & DEVELOPMENT: ADVOCATE HOUSING POLICIES, PROGRAMS & PLANS BENEFITING SEATTLE INTERNATIONAL DISTRICT & LOW INCOME HOUSING. PROMOTE PRESERVATION & DEVELOPMENT OF LOW INCOME HOUSING.
COMMUNITY DEVELOPMENT: PROMOTE PRESERVATION & REVITALIZATION OF INTERNATIONAL DISTRICT & COMMUNITY, LAND USE MONITORING, COMMUNITY PLANNING & ADVOCACY, COMMUNITY ECONOMIC DEVELOPMENT EFFORTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pradeepta Upadhyay Executive Di | Officer | 35 | $185,002 |
Medhat Adib CFO | Officer | 35 | $150,821 |
Leslie Morishita Real Estate | 40 | $110,854 | |
Gary Iwamoto Secretary | OfficerTrustee | 1 | $0 |
Andrew Liu President | OfficerTrustee | 1 | $0 |
Dick Woo Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,344,841 |
| All other contributions, gifts, grants, and similar amounts not included above | $854,492 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,199,333 |
| Total Program Service Revenue | $254,697 |
| Investment income | $477,723 |
| 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 | $4,931,753 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,233,672 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $336,953 |
| Compensation of current officers, directors, key employees. | $61,438 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,253,704 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $194,993 |
| Payroll taxes | $133,227 |
| Fees for services: Management | $130,831 |
| Fees for services: Legal | $2,325 |
| Fees for services: Accounting | $27,105 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $47,260 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $208,029 |
| Advertising and promotion | $0 |
| Office expenses | $52,225 |
| Information technology | $33,330 |
| Royalties | $0 |
| Occupancy | $198,900 |
| Travel | $13,366 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $23,721 |
| Insurance | $33,895 |
| All other expenses | $9,650 |
| Total functional expenses | $4,062,147 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $311,843 |
| Savings and temporary cash investments | $2,230,658 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,215,991 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $9,796,667 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,417,083 |
| Net Land, buildings, and equipment | $81,286 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $3,570,110 |
| Intangible assets | $0 |
| Other assets | $9,059 |
| Total assets | $18,632,697 |
| Accounts payable and accrued expenses | $172,879 |
| Grants payable | $0 |
| Deferred revenue | $14,999 |
| 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 | $2,779,984 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,095,577 |
| Total liabilities | $6,063,439 |
| Net assets without donor restrictions | $12,248,677 |
| Net assets with donor restrictions | $320,581 |
| 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 | $18,632,697 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Interim Community Development Association has recieved totaling $351,350.
| Awarding Organization | Amount |
|---|---|
Satterberg Foundation Seattle, WA PURPOSE: GENERAL OPERATING SUPPORT | $125,000 |
The Seattle Foundation Seattle, WA PURPOSE: VACCINATION EFFORTS IN DISPROPORTIONATELY IMPACTED COMMUNITIES; VOTER EDUCATION FUND 2021; PROGRAMS/SERVICES TO IMPROVE YOUTH + CAREGIVER BEHAVIORAL HEALTH | $115,000 |
Bill & Melinda Gates Foundation Seattle, WA PURPOSE: COMMUNITY ENGAGEMENT GRANTMAKING | $50,539 |
Group Health Foumdaiton Seattle, WA PURPOSE: GENERAL OPERATING SUPPORT | $26,000 |
Swedish Health Services Renton, WA PURPOSE: OPERATIONAL SUPPORT | $12,500 |
Enterprise Community Partners Inc Columbia, MD PURPOSE: ACQUISITION AND REHAB OF AFFORDABLE HOUSING | $8,953 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Aleutian-Pribilof Islands Anchorage, AK | $38,968,570 | $29,437,372 |
Friends Of Seattle Waterfront Seattle, WA | $32,295,569 | $18,451,565 |
Yakima County Development Association Yakima, WA | $2,653,869 | $12,280,886 |
Association Of Washington Cities Olympia, WA | $23,978,792 | $13,838,038 |
Hacienda Community Development Corporation Portland, OR | $42,129,547 | $14,753,048 |
Klamath-Lake Community Action Services Klamath Falls, OR | $1,233,106 | $7,011,875 |
The Contingent Portland, OR | $16,984,824 | $8,759,620 |
Southeast Effective Development Seattle, WA | $44,851,964 | $4,590,608 |
Evergreen Business Capital Seattle, WA | $8,313,121 | $5,500,753 |
Clean & Safe Inc Portland, OR | $4,418,996 | $6,074,621 |
Community Frameworks Spokane, WA | $20,309,475 | $6,692,007 |
Interim Community Development Association Seattle, WA | $18,632,697 | $4,931,753 |