Multifamily Affordable Properties
- Assets
- $170.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Edmonds, WA
- Founding
- 07/1999
- Data as of
- 12/2023
- EIN
- 91-1953934
Organization Overview
Multifamily Affordable Properties is located in Edmonds, WA. The organization was established in 1999. 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. Multifamily Affordable Properties 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 12/2023, Multifamily Affordable Properties generated $69.0k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $61.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION HOSTS A WEB SITE THAT LISTS MULTIFAMILY AFFORDABLE HOUSING UNITS IN WASHINGTON STATE. THE WEB SITE PROVIDES HOUSEHOLDS WITH INFORMATION REGARDING AVAILABILITY, ELIGIBILTY REQUIREMENTS AND CONTACT INFORMATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Doug Repman President | 1 | $0 | |
John Maddux Treasurer | 5 | $0 | |
Elsie Janson Board Member | 1 | $0 | |
Sheila King Executive Director | 10 | $11,760 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $68,211 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $837 |
| Total Revenue | $69,048 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $39,535 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $1,485 |
| Printing, publications, postage, and shipping | $709 |
| Other expenses | $19,836 |
| Total expenses | $61,565 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $165,844 |
| Other assets | $0 |
| Total assets | $170,602 |
| Total liabilities | $1,537 |
| Net assets or fund balances | $169,065 |