Cascadia Housing Inc
- Assets
- $15.1m
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Portland, OR
- Founding
- 05/1997
- Data as of
- 12/2023
- EIN
- 93-1138328
Organization Overview
Cascadia Housing Inc is located in Portland, OR. The organization was established in 1997. According to its NTEE Classification (P73) the organization is classified as: Group Homes, 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. Cascadia Housing Inc 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, Cascadia Housing Inc generated $2.5m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 36.6% each year . All expenses for the organization totaled $2.1m during the year ending 12/2023. While expenses have increased by 34.8% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
DEVELOP AND MANAGE AFFORDABLE HOUSING FOR LOW-INCOME INDIVIDUALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DEVELOP AND MANAGE AFFORDABLE HOUSING FOR LOW-INCOME INDIVIDUALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Hlava President | OfficerTrustee | 1 | $0 |
Greg Close Chair | OfficerTrustee | 1 | $0 |
Barry Gault Treasurer | OfficerTrustee | 1 | $0 |
Amy Anderson Secretary | OfficerTrustee | 1 | $0 |
Charles Duit Director | Trustee | 1 | $0 |
Harris Matarazzo Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $615,673 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $623,673 |
| Total Program Service Revenue | $1,915,324 |
| Investment income | $1,259 |
| 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 | $2,540,256 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $123,027 |
| Fees for services: Legal | $30,475 |
| Fees for services: Accounting | $97,995 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,312 |
| Advertising and promotion | $0 |
| Office expenses | $4,465 |
| Information technology | $25,953 |
| Royalties | $0 |
| Occupancy | $1,021,631 |
| 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 | $0 |
| Depreciation, depletion, and amortization | $542,881 |
| Insurance | $0 |
| All other expenses | $18,108 |
| Total functional expenses | $2,126,486 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $387,665 |
| Savings and temporary cash investments | $1,388,383 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,859,370 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $2,238,918 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $60,776 |
| Net Land, buildings, and equipment | $8,329,693 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $59,754 |
| Other assets | $772,509 |
| Total assets | $15,097,068 |
| Accounts payable and accrued expenses | $1,438,800 |
| Grants payable | $0 |
| Deferred revenue | $9,040 |
| 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 | $5,422,373 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $64,070 |
| Total liabilities | $6,934,283 |
| Net assets without donor restrictions | $8,162,785 |
| 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 | $15,097,068 |