Halcyon Foundation is located in Seattle, WA. The organization was established in 1946. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, under the broad grouping of Housing & Shelter and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Halcyon Foundation 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 06/2022, Halcyon Foundation generated $128.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $107.9k during the year ending 06/2022. While expenses have increased by 0.3% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
HALCYON FOUNDATION PROVIDES SHELTER IN A GROUP HOME SITUATION FOR EIGHT MULTI-HANDICAPPED ADULT RESIDENTS WHO QUALIFY FOR HOUSING ASSISTANCE PAYMENTS UNDER U.S. DEPT. OF HOUSING AND URBAN DEVELOPMENT (HUD) SECTION 8 HOUSING ASSISTANCE PROGRAM.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jim Defranco Board Member | 1 | $0 | |
Edgardo Jose Board Member | 1 | $0 | |
Bob Kolp Board Member | 1 | $0 | |
Diane Mcwithey Board Member | 1 | $0 | |
Michael Reichert President Of Ccs/chs & Ex-Officio | 1 | $0 | |
Joe Schick Chair & Treasurer | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $96,125 |
Total Program Service Revenue | $32,140 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | -$1,447 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $1,338 |
Total Revenue | $128,156 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $10,060 |
Occupancy, rent, utilities, and maintenance | $65,943 |
Printing, publications, postage, and shipping | $1,720 |
Other expenses | $30,133 |
Total expenses | $107,856 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $845 |
Other assets | $0 |
Total assets | $292,576 |
Total liabilities | $237,301 |
Net assets or fund balances | $55,275 |