Open Door Ventures is located in Renton, 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. Open Door Ventures 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, Open Door Ventures generated $386.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $401.9k during the year ending 12/2021. While expenses have increased by 3.1% 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
AS EXPRESSIONS OF GOD'S HEALING LOVE, WITNESSED THROUGH THE MINISTRY OF JESUS, WE ARE STEADFAST IN SERVING ALL, ESPECIALLY THOSE WHO ARE POOR AND VULNERABLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O.PROVIDENCEAT PROVIDENCE, WE USE OUR VOICE TO ADVOCATE FOR VULNERABLE POPULATIONS AND NEEDED REFORMS IN HEALTH CARE. WE PURSUE INNOVATIVE WAYS TO TRANSFORM HEALTH CARE BY KEEPING PEOPLE HEALTHY, AND MAKING OUR SERVICES MORE CONVENIENT, ACCESSIBLE AND AFFORDABLE FOR ALL. IN AN INCREASINGLY UNCERTAIN WORLD, WE ARE COMMITTED TO HIGH-QUALITY, COMPASSIONATE CARE FOR EVERYONE - REGARDLESS OF COVERAGE OR ABILITY TO PAY. WE HELP PEOPLE AND COMMUNITIES BENEFIT FROM THE BEST HEALTH CARE MODEL FOR THE FUTURE - TODAY.TOGETHER, OUR 120,000 CAREGIVERS (ALL EMPLOYEES) SERVE IN 52 HOSPITALS, 1,085 CLINICS AND A COMPREHENSIVE RANGE OF SERVICES ACROSS ALASKA, CALIFORNIA, MONTANA, NEW MEXICO, OREGON, TEXAS AND WASHINGTON. THE PROVIDENCE FAMILY INCLUDES:-PROVIDENCE ACROSS SEVEN WESTERN STATES-COVENANT HEALTH IN WEST TEXAS-PROVIDENCE FACEY MEDICAL FOUNDATION IN LOS ANGELES, CA-HOAG MEMORIAL HOSPITAL PRESBYTERIAN IN ORANGE COUNTY, CA-KADLEC IN SOUTHEAST WASHINGTON-PACIFIC MEDICAL CENTERS IN SEATTLE, WA-SWEDISH HEALTH SERVICES IN SEATTLE, WA2021 WAS MARKED BY THREE MAJOR SURGES IN COVID-19 VOLUMES, A NATIONAL SHORTAGE OF HEALTH CARE PERSONNEL, AS WELL AS DEFERRALS OF NON-EMERGENT CARE. EVEN WITH THESE TREMENDOUS CHALLENGES, THE PROVIDENCE FAMILY OF ORGANIZATIONS CONTINUED TO INVEST IN OUR COMMUNITIES, GUIDED BY OUR STRATEGIC PLAN AND OUR COMMUNITY BENEFIT PRIORITIES.FOR MORE INFORMATION GO TO: HTTPS://WWW.PROVIDENCE.ORG/ABOUT/ANNUAL-REPORTENVIRONMENTAL, SOCIAL, AND GOVERNANCE STANDARDSOVER THE LAST TWO YEARS, PROVIDENCE ADVANCED A SOCIAL RESPONSIBILITY FRAMEWORK THAT INCLUDES A STRONGER COMMITMENT TO DIVERSITY, EQUITY, INCLUSION, AND ENVIRONMENTAL STEWARDSHIP. WE UPDATED OUR INTEGRATED STRATEGIC & FINANCIAL PLAN TO MORE CLEARLY EXPRESS OUR COMMITMENT AND ACCELERATION OF THIS IMPORTANT WORK TO ADDRESS SOCIAL, RACIAL, AND ECONOMIC DISPARITIES IN THE COMMUNITIES WE SERVE. PROVIDENCE'S SOCIAL RESPONSIBILITY FRAMEWORK AIMS TO DEPLOY THE ASSETS OF OUR SYSTEM TO SUPPORT COMMUNITY HEALTH IMPROVEMENT, STRENGTHEN LOCAL ECONOMIES AND REDUCE OUR CARBON FOOTPRINT. IN 2021, OUR SUSTAINABLE AND INCLUSIVE PURCHASING PROGRAM COMMITTED TO INCREASE OUR SPEND WITH WOMEN AND MINORITY OWNED BUSINESS ENTERPRISES BY OVER $300 MILLION ACROSS THE NEXT FIVE YEARS. WE ALSO DEPLOY AN INVESTING PORTFOLIO WHICH INCLUDES SHAREHOLDER ADVOCACY, IMPACT INVESTING, AND SOCIALLY CONSCIOUS PORTFOLIO SCREENS. IN 2021, PROVIDENCE MADE PROGRESS TOWARDS ITS CLIMATE COMMITMENT TO BECOME CARBON NEGATIVE BY 2030. WE ARE IMPLEMENTING AN ENVIRONMENTAL STEWARDSHIP SYSTEM STRATEGY THAT ENCOURAGES WASTE REDUCTIONS, EFFICIENT ENERGY AND WATER USE, LOCAL AGRICULTURE PARTNERSHIPS, LESS TOXIC AND FEWER CHEMICAL USE, AND A REDUCTION IN CARBON FROM TRAVEL.PROGRAM SERVICE ACCOMPLISHMENTSPROVIDE SUBSIDIZED HOUSING WITH COMFORTABLE AND SPACIOUS APARTMENTS DESIGNED TO MEET THE NEEDS OF LOW INCOME PERSONS WITH DISABILITIES.OVERVIEWPROVIDENCE TOOK OVER MANAGEMENT AND SPONSORSHIP OF CAL ANDERSON HOUSE (OPEN DOOR VENTURES) JULY 2021 TO PROVIDE RESIDENTS WITH A HIGH-QUALITY, AFFORDABLE PLACE TO CALL HOME FOR LOW-INCOME HOUSEHOLDS WITH A MEMBER WHO IS 18 YEARS OF AGE OR OLDER WITH A VERIFIABLE DISABILITY. HOUSEHOLD INCOME MUST BE AT OR BELOW HUD'S FINANCIAL CRITERIA FOR RECEIVING RENTAL ASSISTANCE, WHICH IS 50% OF THE AREA MEDIAN INCOME FOR KING COUNTY, WA.HUD INCOME LIMITS.IN ADDITION TO PROVIDING RESIDENTS WITH AN AFFORDABLE PLACE TO CALL HOME, WE OFFER CONTRACTED SERVICES COORDINATION TO HELP OUR RESIDENTS IDENTIFY AND ACCESS COMMUNITY RESOURCES.CAL ANDERSON HOUSE BOASTS FIVE-STORY, CONTROLLED-ACCESS BUILDING WITH AN ELEVATOR AND PLENTY OF PARKING ON CAPITOL HILL. THE BUILDING OFFERS COMFORTABLE AND SPACIOUS 1 BEDROOM APARTMENTS. EACH APARTMENT INCLUDES FULL KITCHENS/KITCHENETTES, AND PRIVATE BATHROOM WITH A TUB OR WALK-IN/ROLL-IN SHOWER, COMPLETE WITH GRAB BARS, BUILT-IN STORAGE AND OPEN LIVING SPACES. ON-SITE LAUNDRY FACILITY, COMPUTER WITH INTERNET ACCESS, INDOOR MAILBOXES AND WELCOMING COMMUNITY SPACES INCLUDING A SOCIAL ROOM AND OUTDOOR PATIOS ARE JUST A FEW MORE OF THE AMENITIES PROVIDED.THE BUILDING WAS ORIGINALLY CONSTRUCTED IN 1995 COMMEMORATING CAL ANDERSON.CAL ANDERSON HOUSE PROVIDES EQUAL HOUSING OPPORTUNITIES FOR ALL PROSPECTIVE TENANTS REGARDLESS OF RACE, COLOR, NATIONAL ORIGIN, RELIGION, SEX, DISABILITY, PARENTAL/FAMILY STATUS, MARITAL STATUS, AGE, ANCESTRY, SEXUAL ORIENTATION, CREED, POLITICAL IDEOLOGY, GENDER IDENTITY OR MEMBERSHIP IN ANY OTHER CLASS OF PERSONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mercedes Fernandez Secretary - Thru 6/21 | OfficerTrustee | 1 | $0 |
Diane Castanes President - Thru 6/21 | OfficerTrustee | 1 | $0 |
Greg Hoffman President & Treasurer | Officer | 0.5 | $0 |
Jo Ann Escasa-Haigh Evp/assistant Treasurer | Officer | 0.5 | $0 |
Jamie Goodwin Secretary | Officer | 5 | $0 |
Robert Hellrigel Evp Ce Home & Comm Care | Officer | 5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $270,240 |
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 | $270,240 |
Total Program Service Revenue | $97,113 |
Investment income | $0 |
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 | $386,183 |
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 | $35,304 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $9,181 |
Payroll taxes | $5,175 |
Fees for services: Management | $15,173 |
Fees for services: Legal | $415 |
Fees for services: Accounting | $14,622 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $99,097 |
Advertising and promotion | $0 |
Office expenses | $20,880 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $79,005 |
Travel | $0 |
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 | $15,173 |
Depreciation, depletion, and amortization | $79,305 |
Insurance | $0 |
All other expenses | $8,076 |
Total functional expenses | $401,899 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $14,392 |
Savings and temporary cash investments | $69,682 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $11,872 |
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 | $1,868 |
Net Land, buildings, and equipment | $680,970 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $484,016 |
Total assets | $1,262,800 |
Accounts payable and accrued expenses | $21,476 |
Grants payable | $0 |
Deferred revenue | $1,180 |
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 | $873,725 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $141,965 |
Total liabilities | $1,038,346 |
Net assets without donor restrictions | -$277,111 |
Net assets with donor restrictions | $501,565 |
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 | $1,262,800 |
Organization Name | Assets | Revenue |
---|---|---|
Bellwether Housing Seattle, WA | $195,617,991 | $40,714,162 |
Sheltercare Eugene, OR | $4,357,138 | $9,135,740 |
Do Good Multnomah Portland, OR | $6,858,210 | $9,987,432 |
Village Community Services Arlington, WA | $2,745,181 | $3,984,634 |
Portland Housing Center Portland, OR | $16,243,202 | $4,834,391 |
Alaska Works Partnership Inc Anchorage, AK | $1,354,654 | $3,295,008 |
Neighborworks Boise Boise, ID | $11,705,252 | $2,794,528 |
Kenai Peninsula Housing Initiatives Incorporated Homer, AK | $24,218,836 | $3,668,693 |
The Home Partnership Foundation Inc Boise, ID | $1,642,021 | $2,420,228 |
Habitat For Humanity International Inc Lynnwood, WA | $3,495,456 | $1,749,874 |
Muslim Housing Services Bellevue, WA | $3,426,960 | $3,186,350 |
Habitat For Humanity International Inc Shelton, WA | $1,207,578 | $1,842,216 |