Central City Affordable Housing

Organization Overview

Central City Affordable Housing, operating under the name 412 Apartments, is located in Seattle, WA. The organization was established in 1993. According to its NTEE Classification (L80) the organization is classified as: Housing Support, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 412 Apartments 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, 412 Apartments generated $270.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $238.4k during the year ending 12/2022. While expenses have increased by 3.9% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE LOW INCOME HOUSING.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION OWNS AND OPERATES A 12-UNIT APARTMENT COMPLEX IN CENTRAL SEATTLE, WASHINGTON TO PROVIDE LOW INCOME HOUSING TO QUALIFIED TENANTS. THIS PROJECT WAS BUILT AND IS OPERATED UNDER SECTION 8 OF THE NATIONAL HOUSING ACT. RENTAL CHARGES TO QUALIFIED TENANTS ARE SUBSIDIZED BY HOUSING AND URBAN DEVELOPMENT.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Alice Quaintance
President
$0
Jill Fleming
Treasurer/secretary
$0
Liz Dunn
Board Member
$0
George Staggers
Board Member
$0
Christopher Persons
CEO
$0
Leslie Woodworth
Vice President Of Finance
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $205,479
All other contributions, gifts, grants, and similar amounts not included above$100
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$205,579
Total Program Service Revenue$64,083
Investment income $0
Tax Exempt Bond Proceeds $375
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 $270,037

Peer Organizations

Organization NameAssets
Bellwether Housing
Seattle, WA
$47,333,047
Do Good Multnomah
Portland, OR
$14,821,701
Sheltercare
Eugene, OR
$11,384,976
Village Community Services
Arlington, WA
$4,509,346
Alaska Works Partnership Inc
Anchorage, AK
$3,187,000
Neighborworks Boise
Boise, ID
$2,945,192
Kenai Peninsula Housing Initiatives Incorporated
Homer, AK
$1,939,137
Portland Housing Center
Portland, OR
$3,388,032
Habitat For Humanity International Inc
Sunriver, OR
$2,397,737
Muslim Housing Services
Bellevue, WA
$2,712,303
Northwest Coastal Housing
Newport, OR
$9,132,984
Habitat For Humanity International Inc
Lynnwood, WA
$1,855,715
The Home Partnership Foundation Inc
Boise, ID
$3,021,557
Habitat For Humanity International Inc
Shelton, WA
$1,759,363
Evolve Workforce & Multifamily Housing Services
Woodburn, OR
$1,371,388
Outsidersinn
Vancouver, WA
$1,226,382
Arch Community Housing Trust Inc
Ketchum, ID
$3,087,419
Plymouth Healing Communities
Seattle, WA
$642,914
Habitat For Humanity International Inc
Moscow, ID
$947,780
Association Of Alaska Housing Authorities
Anchorage, AK
$928,206
Aberdeen Neighborhood Housing Services
Aberdeen, WA
$934,180
Housing Oregon
Portland, OR
$598,919
Mount Zion Madison Street Properties
Seattle, WA
$654,461
Disciples Housing Of Tacoma Washington
Tacoma, WA
$667,583
Preserve Spencer House Inc
Tigard, OR
$493,294

Create an account to unlock the data you need.

or