North Beacon Hill Housing Initiative Association is located in Seattle, WA. The organization was established in 1995. According to its NTEE Classification (L40) the organization is classified as: Temporary Housing, 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. North Beacon Hill Housing Initiative 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, North Beacon Hill Housing Initiative Association generated $169.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $279.2k during the year ending 12/2021. While expenses have increased by 2.9% 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
PROVIDE ASSISTANCE TO LOW-INCOME PERSONS BY DEVELOPING, OPERATING AND MAINTAINING HOUSING UNITS IN THE BEACON HILL AREA OF SEATTLE, WASHINGTON.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED AFFORDABLE HOUSING TO FAMILIES THAT HAVE OVERCOME ADVERSITIES SUCH AS HOMELESSNESS, DIFFICULTIES WITH STEADY EMPLOYMENT, AND LANGUAGE BARRIERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Estela Ortega President | OfficerTrustee | 1 | $0 |
Denise Perez Lally Left B4 Ye Vice President | OfficerTrustee | 1 | $0 |
Hilda Magana Board Member | Trustee | 1 | $0 |
Sylvia Rubio Board Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $45,939 |
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 | $45,939 |
Total Program Service Revenue | $113,164 |
Investment income | $19 |
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 | $169,717 |
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 | $37,835 |
Pension plan accruals and contributions | $1,031 |
Other employee benefits | $4,759 |
Payroll taxes | $5,744 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $2,193 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,754 |
Advertising and promotion | $0 |
Office expenses | $21,084 |
Information technology | $2,391 |
Royalties | $0 |
Occupancy | $60,663 |
Travel | $108 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $12,235 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $121,352 |
Insurance | $4,913 |
All other expenses | $0 |
Total functional expenses | $279,166 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $128,539 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $15,677 |
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 | $5,900 |
Net Land, buildings, and equipment | $1,623,501 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $224,568 |
Total assets | $1,998,185 |
Accounts payable and accrued expenses | $16,622 |
Grants payable | $0 |
Deferred revenue | $1,243 |
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 | $2,383,492 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $155,166 |
Total liabilities | $2,556,523 |
Net assets without donor restrictions | -$558,338 |
Net assets with donor restrictions | $0 |
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 | $1,998,185 |
Organization Name | Assets | Revenue |
---|---|---|
Solid Ground Washington Seattle, WA | $23,373,136 | $29,222,210 |
Housing Hope Everett, WA | $50,244,417 | $12,994,900 |
Mat Su Youth Housing Wasilla, AK | $1,754,998 | $2,423,199 |
Jackson Street Youth Shelter Inc Corvallis, OR | $2,016,393 | $2,251,726 |
Anacortes Family Center Anacortes, WA | $7,783,410 | $1,252,442 |
Panza A Washington Nonprofit Corporation Olympia, WA | $7,904,404 | $1,434,673 |
Squareone Villages Eugene, OR | $5,184,818 | $2,114,058 |
Beacon Hill Anchorage, AK | $617,954 | $1,091,783 |
Harbor Hope Center Gig Harbor, WA | $698,504 | $913,022 |
Generating Hope Inc Yakima, WA | $170,247 | $444,410 |
Crossroads Communities Lebanon, OR | $121,658 | $350,949 |
St Francis Shelter Salem, OR | $1,884,050 | $737,346 |