Summit At First Hill is located in Seattle, WA. The organization was established in 2000. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Summit At First Hill 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, Summit At First Hill generated $11.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $11.0m during the year ending 12/2021. While expenses have increased by 4.0% 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
PROVIDES ASSISTED SERVICES AND RESIDENTIAL SERVICES TO OVER 140 ELDERLY ADULTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SUMMIT HAS 76 INDEPENDENT LIVING UNITS WITH A FULL COMPLEMENT OF SERVICES INCLUDING MEALS, RECREATIONAL AND EDUCATIONAL ACTIVITIES PROVIDED IN A TRADITIONAL JEWISH ENVIRONMENT. THE SUMMIT ALSO HAS 50 ASSISTED LIVING UNITS PROVIDING ASSISTED CARE, MEALS, ACTIVITIES AND RELIGIOUS SERVICES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Irene Fisher 1st Vice Chair | OfficerTrustee | 0.5 | $0 |
Robert Simon Treasurer | OfficerTrustee | 0.5 | $0 |
Brian Quint Past Chair | OfficerTrustee | 0.5 | $0 |
Barbara Sulman 2nd Vice Chair | OfficerTrustee | 0.5 | $0 |
Jack Almo Chair | OfficerTrustee | 0.5 | $0 |
Jay Riffkin Secretary | OfficerTrustee | 0.5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $760,837 |
Government grants | $316,799 |
All other contributions, gifts, grants, and similar amounts not included above | $127,811 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,205,447 |
Total Program Service Revenue | $9,792,688 |
Investment income | $90,660 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $166,168 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $11,254,963 |
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. | $507,275 |
Compensation of current officers, directors, key employees. | $507,275 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $5,094,919 |
Pension plan accruals and contributions | $94,548 |
Other employee benefits | $382,036 |
Payroll taxes | $442,559 |
Fees for services: Management | $0 |
Fees for services: Legal | $228 |
Fees for services: Accounting | $1,669 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $10,943 |
Fees for services: Other | $247,021 |
Advertising and promotion | $13,489 |
Office expenses | $86,813 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $1,243,373 |
Travel | $13,310 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $275 |
Interest | $0 |
Payments to affiliates | $13,657 |
Depreciation, depletion, and amortization | $1,104,212 |
Insurance | $54,449 |
All other expenses | $89,959 |
Total functional expenses | $10,961,807 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $308,860 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $68,763 |
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 | $31,209 |
Net Land, buildings, and equipment | $22,451,192 |
Investments—publicly traded securities | $2,729,068 |
Investments—other securities | $207,475 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $25,796,567 |
Accounts payable and accrued expenses | $90,758 |
Grants payable | $0 |
Deferred revenue | $116,214 |
Tax-exempt bond liabilities | $7,976,121 |
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 | $1,335,405 |
Total liabilities | $9,518,498 |
Net assets without donor restrictions | $16,240,157 |
Net assets with donor restrictions | $37,912 |
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 | $25,796,567 |
Over the last fiscal year, we have identified 1 grants that Summit At First Hill has recieved totaling $760,837.
Awarding Organization | Amount |
---|---|
The Kline Galland Center Seattle, WA PURPOSE: FINANCIAL SUPPORT | $760,837 |
Beg. Balance | $26,341,981 |
Earnings | $3,310 |
Admin Expense | $82,217 |
Ending Balance | $26,263,074 |
Organization Name | Assets | Revenue |
---|---|---|
Panorama Lacey, WA | $219,048,634 | $47,071,330 |
Eastside Retirement Association Redmond, WA | $226,847,033 | $37,597,342 |
Spokane United Methodist Homes Spokane, WA | $259,704,363 | $36,246,528 |
Willamette View Manor Inc Portland, OR | $158,572,403 | $34,857,993 |
Horizon House Seattle, WA | $225,517,905 | $49,618,352 |
Mennonite Home Of Albany Inc Albany, OR | $81,716,094 | $28,368,567 |
Capital Manor Inc Salem, OR | $123,001,927 | $25,198,203 |
Eliseo Tacoma, WA | $107,438,418 | $26,114,942 |
Robison Jewish Home Portland, OR | $56,916,516 | $24,370,432 |
Bayview Manor Homes Seattle, WA | $83,944,514 | $18,603,960 |
Holladay Park Plaza Inc Portland, OR | $80,790,793 | $26,089,589 |
Rose Villa Inc Portland, OR | $178,624,912 | $20,737,089 |