Laurel Housing Associates
- Assets
- $375.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Tukwila, WA
- Founding
- 12/1987
- Data as of
- 12/2022
- EIN
- 94-3044660
Organization Overview
Laurel Housing Associates is located in Tukwila, WA. The organization was established in 1987. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental 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. Laurel Housing Associates 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 12/2022, Laurel Housing Associates generated $130.2k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $176.3k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
OWN AND OPERATE LOW-INCOME APARTMENT BUILDING REGULATED BY HUD SECTION 202 OF THE NHA FOR PEOPLE RECOVERING FROM MENTAL ILLNESS WHO CAN LIVE INDEPENDENTLY IN THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Bolger Board Chair | 1 | $0 | |
Robert Stadler Board Chair (thru 10/22) | 1 | $0 | |
Eddie Pasatiempo Board Vice Chair | 1 | $0 | |
Meg Taylor Board Treasurer | 1 | $0 | |
George Stewart Treasurer (thru 9/22) | 1 | $0 | |
Rob Nielsen Secretary (thru 7/22) | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $130,205 |
| Membership dues | $0 |
| Investment income | $4 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $130,209 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $21,070 |
| Occupancy, rent, utilities, and maintenance | $59,561 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $95,693 |
| Total expenses | $176,324 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $44,603 |
| Other assets | $0 |
| Total assets | $375,868 |
| Total liabilities | $637,293 |
| Net assets or fund balances | -$261,425 |