Manufactured Housing Community Preservationists
- Assets
- $16.4m
- Revenue
- $2.7m
- Investments
- $0.0
- Employees
- 11
- Location
- Seattle, WA
- Founding
- 03/1993
- Data as of
- 12/2022
- EIN
- 91-1565718
Organization Overview
Manufactured Housing Community Preservationists is located in Seattle, WA. The organization was established in 1993. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 12/2022, Manufactured Housing Community Preservationists employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Manufactured Housing Community Preservationists 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 12/2022, Manufactured Housing Community Preservationists generated $2.7m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $2.4m during the year ending 12/2022. While expenses have increased by 1.9% per year over the past 8 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
SEE SCHEDULE O.MHCP'S MISSION IS TO PRESERVE AND MANAGE MANUFACTURED HOUSING COMMUNITIES FOR LOW-INCOME HOUSEHOLDS AND SERVE AS A RESOURCE FOR OTHER MANUFACTURED HOUSING COMMUNITIES AND RESIDENTS WHO WISH TO DEVELOP TENANT-CONTROLLED COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRESERVATION AND OPERATION OF FIVE MANUFACTURED HOUSING COMMUNITIES, WHICH PROVIDE AFFORDABLE HOUSING FOR 342 HOUSEHOLDS, AS WELL AS PROMOTION AND ADVANCEMENT OF TENANT INDEPENDENCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Doug Scharnhorst President | OfficerTrustee | 1 | $0 |
Abdolhamid Abdorohman Board Member | Trustee | 1 | $0 |
Jerry Robison 11 Thru 720 Treasurer | OfficerTrustee | 1 | $0 |
Sarah Hatfield Vice President | OfficerTrustee | 1 | $0 |
Kim Reppart Secretary | OfficerTrustee | 1 | $0 |
Sorleh Samael Board Member | Trustee | 1 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $2,680,788 |
| Investment income | $11,575 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $6 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,692,369 |
| 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. | $369,116 |
| Compensation of current officers, directors, key employees. | $369,116 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $418,442 |
| Pension plan accruals and contributions | $9,109 |
| Other employee benefits | $40,432 |
| Payroll taxes | $83,516 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $888 |
| Fees for services: Accounting | $20,100 |
| 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 | $55,098 |
| Information technology | $14,368 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,590 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $292,937 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $193,578 |
| Insurance | $42,178 |
| All other expenses | $4,835 |
| Total functional expenses | $2,436,766 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $360,651 |
| Savings and temporary cash investments | $92,390 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $32,693 |
| 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 | $0 |
| Net Land, buildings, and equipment | $14,708,971 |
| Investments—publicly traded securities | $678,771 |
| Investments—other securities | $0 |
| Investments—program-related | $423,730 |
| Intangible assets | $0 |
| Other assets | $134,619 |
| Total assets | $16,431,825 |
| Accounts payable and accrued expenses | $332,007 |
| 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 | $7,762,085 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $368,275 |
| Total liabilities | $8,462,367 |
| Net assets without donor restrictions | $2,152,870 |
| Net assets with donor restrictions | $5,816,588 |
| 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 | $16,431,825 |