Lydia Place A Nonprofit Corporation
- Assets
- $9.7m
- Revenue
- $5.5m
- Investments
- $0.0
- Employees
- 54
- Location
- Bellingham, WA
- Founding
- 02/1994
- Data as of
- 12/2022
- EIN
- 94-3111948
Organization Overview
Lydia Place A Nonprofit Corporation is located in Bellingham, WA. The organization was established in 1994. According to its NTEE Classification (L41) the organization is classified as: Homeless Shelters, under the broad grouping of Housing & Shelter and related organizations. As of 12/2022, Lydia Place A Nonprofit Corporation employed 54 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lydia Place A Nonprofit Corporation 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, Lydia Place A Nonprofit Corporation generated $5.5m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 14.9% each year . All expenses for the organization totaled $4.7m during the year ending 12/2022. While expenses have increased by 24.1% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
DISRUPT CYCLE OF HOMELESSNESS & PROMOTE SUSTAINED INDEPENDENCE FOR CURRENT AND FUTURE GENERATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FAMILY HOUSING PROGRAM AIMS TO PROVIDE IMMEDIATE AND LASTING HOUSING INTERVENTIONS AS A MEANS TO PREVENT OF THE GENERATIONAL CYCLE OF HOMELESSNESS. RESEARCH SHOWS THAT CHILDREN WHO EXPERIENCE HOMELESSNESS AND OTHER ADVERSE CHILDHOOD EXPERIENCES ARE SIGNIFICANTLY MORE LIKELY TO EXPERIENCE HOMELESSNESS AS ADULTS THAN THEIR PEERS. OVER 30% OF PARENTS EXPERIENCING HOMELESSNESS REPORTED EXPERIENCING HOMELESSNESS DURING THEIR CHILDHOODS. RECOGNIZING THAT THE ATTAINMENT OF STABLE HOUSING IS BOTH FOUNDATIONAL FOR FAMILY SUCCESS AND INCOMPLETE IN ISOLATION OF OTHER SUPPORTS, THE FAMILY HOUSING PROGRAM (FHP) PROVIDES INTERIM HOUSING, PERMANENT HOUSING PLACEMENTS, INTENSIVE CASE MANAGEMENT, AND WRAP-AROUND SERVICES TO FAMILIES WITH CHILDREN EXPERIENCING HOMELESSNESS. THE FAMILY HOUSING PROGRAM SERVES MORE THAN 200 HOUSEHOLDS ANNUALLY, PROVING TO BE A CORNERSTONE RESOURCE IN WHATCOM COUNTY.
THE PARENT SUPPORT PROGRAM PROVIDES INTENSIVE AND FLEXIBLE EVIDENCE-BASED HOME VISITING SERVICES FOCUSED ON EQUIPPING PARENTS WITH THE KNOWLEDGE AND RESOURCES THEY NEED TO PARENT THEIR CHILDREN INTO SUCCESSFUL ADULTS. THE COMMUNITY ENGAGEMENT PROGRAM DEVELOPS SUSTAINABLE COMMUNITY PARTNERSHIPS, FOSTERS AND STRENGTHENS CONNECTIONS WITH BUSINESS AND INDIVIDUAL DONORS, PROVIDES PROGRAM FUNDING AND DIRECT BENEFITS TO LYDIA PLACE CLIENTS AND OUR COMMUNITY, AND BRINGS AWARENESS TO THE FACES AND CAUSES OF HOMELESSNESS.
THE MISSION OF THE CAMPUS HOUSING PROGRAM (CHP) IS TO OFFER SAFE AND STABLE HOUSING TO VULNERABLE FAMILIES WHO MAY NOT QUALIFY FOR HOUSING ELSEWHERE, WHILE PROVIDING ROBUST WRAP-AROUND SERVICES AS A MEANS TO PREVENT THE GENERATIONAL CYCLE OF HOMELESSNESS FROM CONTINUING. OUR CAMPUSES PROVIDE INTENSIVE, ONGOING CASE MANAGEMENT THAT SUPPORTS FINANCES, EDUCATION, EMPLOYMENT, HEALTH, COMMUNITY-CONNECTEDNESS, AND PARENTING. LYDIA PLACE OWNS AND MANAGES FOUR PROPERTIES, TOTALING 24 RENTAL UNITS, IN OUR CHP. THESE PROPERTIES INCLUDE: GLADSTONE HOUSING, BAKER PLACE, A PLACE FOR DADS, AND OUR NEWEST PROPERTY HEART HOUSE AN 11-UNIT APARTMENT COMPLEX CO-LOCATE WITH A CHILDCARE CENTER. OVER 80% OF CLIENTS ANNUALLY WHO MOVE ON FROM OUR CAMPUS HOUSING PROGRAM MOVE INTO PERMANENT, STABLE HOUSING OF THEIR OWN.
THE MENTAL HEALTH PROGRAM PROVIDES FREE AND CONFIDENTIAL MENTAL HEALTH COUNSELING, CRISIS INTERVENTION, AND PSYCHOEDUCATION, BOTH IN-HOME AND VIA TELEHEALTH, TO THE ORGANIZATION'S CLIENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alycia Hawkins President | OfficerTrustee | 2 | $0 |
Derek Thornton Past President | OfficerTrustee | 2 | $0 |
Alexis Jones Vice President | OfficerTrustee | 2 | $0 |
Kari Doss Treasurer | OfficerTrustee | 2 | $0 |
Shawna Unger Secretary | OfficerTrustee | 2 | $0 |
Ryan Thramer Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ram Construction General Contractors Ll Construction | 12/30/21 | $1,678,701 |
Baymont By Wyndham Bellingham Emergency Motel Stays For Clients | 12/30/21 | $198,442 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $50,000 |
| Membership dues | $0 |
| Fundraising events | $365,434 |
| Related organizations | $0 |
| Government grants | $3,213,791 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,599,296 |
| Noncash contributions included in lines 1a–1f | $255,054 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,228,521 |
| Total Program Service Revenue | $182,113 |
| Investment income | $8,323 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$9,293 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,482,805 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $773,592 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $132,599 |
| Compensation of current officers, directors, key employees. | $44,014 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,033,958 |
| Pension plan accruals and contributions | $37,632 |
| Other employee benefits | $229,610 |
| Payroll taxes | $198,345 |
| Fees for services: Management | $2,400 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $34,675 |
| Fees for services: Lobbying | $17,288 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,630 |
| Advertising and promotion | $0 |
| Office expenses | $46,653 |
| Information technology | $97,250 |
| Royalties | $0 |
| Occupancy | $265,590 |
| Travel | $25,032 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $27,034 |
| Interest | $29,930 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $215,159 |
| Insurance | $30,346 |
| All other expenses | $0 |
| Total functional expenses | $4,667,002 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,587,875 |
| Savings and temporary cash investments | $255,134 |
| Pledges and grants receivable | $373,955 |
| Accounts receivable, net | $0 |
| 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 | $7,207,401 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $186,918 |
| Intangible assets | $13,444 |
| Other assets | $120,963 |
| Total assets | $9,745,690 |
| Accounts payable and accrued expenses | $528,574 |
| 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 | $696,626 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $117,963 |
| Total liabilities | $1,343,163 |
| Net assets without donor restrictions | $7,923,271 |
| Net assets with donor restrictions | $479,256 |
| 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 | $9,745,690 |