Lydia Place A Nonprofit Corporation
- Assets
- $9.0m
- Revenue
- $7.0m
- Investments
- $0.0
- Employees
- 51
- Location
- Bellingham, WA
- Founding
- 02/1994
- Data as of
- 12/2021
- 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 12/2021, Lydia Place A Nonprofit Corporation employed 51 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 12/2021, Lydia Place A Nonprofit Corporation generated $7.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.3% each year . All expenses for the organization totaled $3.0m during the year ending 12/2021. While expenses have increased by 20.1% 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
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 ARE THEIR PEERS. OVER 30% OF PARENTS EXPERIENCING HOMELESSNESS REPORTED EXPERIENCING HOMELESS 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. (CONTINUED IN SCHEDULE O)THE FAMILY HOUSING PROGRAM SERVES MORE THAN 200 HOUSEHOLDS ANNUALLY, PROVING TO BE A CORNERSTONE RESOURCE IN WHATCOM COUNTY.
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 CLIENTS IN MEETING THEIR SHORT AND LONG-TERM GOALS RELATED TO HOUSING, 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-LOCATED WITH A CHILDCARE CENTER. (CONTINUED IN SCHEDULE O)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 |
|---|---|---|---|
Emily O'connor Executive Director | Officer | 40 | $100,403 |
Ben Twigg Finance Director | Officer | 40 | $24,646 |
Ryan Thramer Past President | OfficerTrustee | 2 | $0 |
Derek Thornton President | OfficerTrustee | 2 | $0 |
Kari Doss Treasurer | OfficerTrustee | 2 | $0 |
Alexis Jones Secretary | OfficerTrustee | 2 | $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 | $102,637 |
| Membership dues | $0 |
| Fundraising events | $239,698 |
| Related organizations | $0 |
| Government grants | $3,918,963 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,486,128 |
| Noncash contributions included in lines 1a–1f | $613,121 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,747,426 |
| Total Program Service Revenue | $192,852 |
| Investment income | $4,897 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$18,400 |
| Net Income from Fundraising Events | $43,727 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,981,578 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $617,041 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $128,169 |
| Compensation of current officers, directors, key employees. | $44,743 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,453,228 |
| Pension plan accruals and contributions | $30,060 |
| Other employee benefits | $135,356 |
| Payroll taxes | $145,397 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $912 |
| Fees for services: Accounting | $10,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $18,774 |
| Office expenses | $47,876 |
| Information technology | $70,904 |
| Royalties | $0 |
| Occupancy | $110,930 |
| Travel | $11,801 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $21,462 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $89,032 |
| Insurance | $31,567 |
| All other expenses | $8,569 |
| Total functional expenses | $2,999,080 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,338,089 |
| Savings and temporary cash investments | $278,188 |
| Pledges and grants receivable | $866,539 |
| Accounts receivable, net | $8,444 |
| 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 | $5,132 |
| Net Land, buildings, and equipment | $5,254,327 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $225,076 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,975,795 |
| Accounts payable and accrued expenses | $985,200 |
| 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 | $364,943 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,350,143 |
| Net assets without donor restrictions | $6,556,876 |
| Net assets with donor restrictions | $1,068,776 |
| 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 | $8,975,795 |
Grants Recieved
Over the last fiscal year, we have identified 11 grants that Lydia Place A Nonprofit Corporation has recieved totaling $397,810.
| Awarding Organization | Amount |
|---|---|
Eleanor And Henry Jansen Foundation Bellingham, WA PURPOSE: COMMUNITY WORK WITH CHILDREN | $105,500 |
North Sound Accountable Community Of Health Bellingham, WA PURPOSE: IMPROVE HEALTH AND HEALTHCARE SYSTEM ACROSS NORTH SOUND REGION/COVID RESPONSE. | $102,262 |
United Way Of Whatcom County Bellingham, WA PURPOSE: HEALTH & WELFARE | $60,000 |
Perigee Fund Seattle, WA PURPOSE: FAMILY WELLBEING PHASE II. | $40,000 |
Puget Sound Energy Foundation Wilmington, DE PURPOSE: GENERAL SUPPORT - PSE FOUNDATION SHELTER AND UNHOUSED PROGRAM | $25,000 |
Random Acts Inc Arlington, TX PURPOSE: SPPRT - REBLDG LIVES | $20,000 |
Endowment Analysis
| Beg. Balance | $130,304 |
| Earnings | $22,860 |
| Admin Expense | $2,432 |
| Net Contributions | $80,300 |
| Grants | $5,956 |
| Ending Balance | $225,076 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Council For The Homeless Vancouver, WA | $10,767,286 | $19,573,304 |
Compass Housing Alliance Seattle, WA | $40,607,730 | $15,256,609 |
The Rescue Mission Tacoma, WA | $23,211,673 | $9,549,173 |
Beans Cafe Inc Anchorage, AK | $14,516,255 | $14,067,574 |
Cocoon House Everett, WA | $18,839,266 | $8,933,167 |
Serenity House Of Clallam County Port Angeles, WA | $6,060,281 | $7,464,743 |
Brother Francis Shelter Kodiak Inc Kodiak, AK | $2,060,714 | $7,413,784 |
Eugene Mission Eugene, OR | $11,387,865 | $8,152,010 |
Congregations For The Homeless Bellevue, WA | $12,080,853 | $9,074,127 |
Sunrise Outreach Center Of Yakima Yakima, WA | $387,621 | $4,585,403 |
All Good Northwest Portland, OR | $1,603,235 | $5,671,692 |
Blanchet House Of Hospitality Portland, OR | $23,778,168 | $6,789,073 |