Foundation House At Northgate
- Assets
- $239.0k
- Revenue
- $4.0m
- Investments
- $0.0
- Employees
- 56
- Location
- Gig Harbor, WA
- Founding
- 12/1998
- Data as of
- 09/2021
- EIN
- 91-1806694
Organization Overview
Foundation House At Northgate is located in Gig Harbor, WA. The organization was established in 1998. According to its NTEE Classification (P75) the organization is classified as: Supportive Housing for Older Adults, under the broad grouping of Human Services and related organizations. As of 09/2021, Foundation House At Northgate employed 56 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation House At Northgate 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 09/2021, Foundation House At Northgate generated $4.0m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $4.6m during the year ending 09/2021. 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 INDEPENDENT AND ASSISTED LIVING HOUSING FOR SENIORS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE RETIREMENT HOUSING, CARE AND SECURITY FOR ELDERLY INDIVIDUALS. FOUNDATION HOUSE AT NORTHGATE ALSO MAKES GRANTS TO THE WASHINGTON HEALTH CARE ASSOCIATION AND OTHER TAX EXEMPT ORGANIZATIONS TO FURTHER THE FOURNDATION HOUSE AT NORTHGATE'S EXEMPT PURPOSE OF PROMOTING QUALITY LONG-TERM HEALTH CARE AND SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Moffitt President | OfficerTrustee | 2.75 | $0 |
Jay Iman Treasurer, 2nd Vice Presid | OfficerTrustee | 1.75 | $0 |
Gary Epps Secretary | OfficerTrustee | 1.75 | $0 |
Nancy Stephens Board Member | Trustee | 0.75 | $0 |
Pat Kile Board Member | Trustee | 1.2 | $0 |
Colleen Mckenzie Board Member | Trustee | 1.35 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $284,795 |
| 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 | $284,795 |
| Total Program Service Revenue | $3,576,163 |
| Investment income | $14,423 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $69,815 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,038,596 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $563,562 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $140,707 |
| Compensation of current officers, directors, key employees. | $140,707 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,192,147 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $87,648 |
| Payroll taxes | $128,805 |
| Fees for services: Management | $254,578 |
| Fees for services: Legal | $16,680 |
| Fees for services: Accounting | $17,630 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,764 |
| Fees for services: Other | $0 |
| Advertising and promotion | $13,758 |
| Office expenses | $13,373 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,584,376 |
| Travel | $259 |
| 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 | $0 |
| Depreciation, depletion, and amortization | $76,798 |
| Insurance | $141,502 |
| All other expenses | $26,303 |
| Total functional expenses | $4,612,125 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $95,926 |
| Savings and temporary cash investments | $137,552 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,473 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $238,951 |
| Accounts payable and accrued expenses | $18,000 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $18,000 |
| Net assets without donor restrictions | $220,951 |
| 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 | $238,951 |
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|---|---|---|
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Terwilliger Plaza Inc Portland, OR | $106,881,043 | $19,753,070 |
Friendsview Manor Newberg, OR | $69,864,265 | $15,837,123 |
Cascade Manor Inc Eugene, OR | $42,821,373 | $11,584,077 |
Summit At First Hill Seattle, WA | $25,796,567 | $11,254,963 |
Eastern Idaho Community Action Partnership Inc Idaho Falls, ID | $10,497,417 | $11,009,429 |
Emerald Care Wapato, WA | $2,750,996 | $9,139,228 |
The Kenney Seattle, WA | $30,891,794 | $8,055,447 |
Oregon Baptist Retirement Home Portland, OR | $10,109,849 | $5,345,202 |
Norse Home Inc Seattle, WA | $2,457,700 | $4,457,669 |
Keiro Northwest Seattle, WA | $16,126,784 | $4,712,692 |
Foundation House At Northgate Gig Harbor, WA | $238,951 | $4,038,596 |