Form 990 for tax year 2024

Totals

Total revenue

$1,947,551

Total expenses

$2,033,429

Contributions and grants received

$1,930,857

Grants paid

$933,055

Program service revenue

$15,744

Investment income

$0

Other revenue

$950

Total assets, end of year

$3,455,081

Total liabilities, end of year

$1,710,462

Net assets or fund balances, end of year

$1,744,619

Program services expenses (Part IX)

$2,033,429

Management and general expenses

$0

Fundraising expenses

$0

Program service expenses (Part III)

$2,033,429

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Mission and programs · 2024

• COMMUNITY DEVELOPMENT AIMS TO DECREASE THE INCIDENT OF DISPLACEMENT OF RESIDENTS AND BUSINESSES IN SOUTH SEATTLE. WE ACHIEVE OUR GOAL THROUGH COMMUNITY LED PROJECTS AND PROGRAMS INCLUDING DIGITAL ACCESS AND EDUCATION, COMMERCIAL MARKETING AND PROMOTION CAMPAIGNS, AND CULTURAL COMMUNITY EVENTS.

  Expenses $1,033,329 · Grants $583,055

• REAL ESTATE DEVELOPMENT PROJECTS HAVE REVITALIZED NEIGHBORHOODS AND BUSINESS DISTRICTS. REAL ESTATE DEVELOPMENT IS CURRENTLY SERVING AS THE LEAD DEVELOPER FOR THE OTHELLO SQUARE PROJECT, A UNIQUELY INTEGRATED, CULTURALLY COMPETENT, AND WELCOMING GATEWAY CENTER LOCATED IN THE HEART OF THE OTHELLO NEIGHBORHOOD.

  Expenses $1,000,100 · Grants $350,000 · Revenue $15,744

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

• LITERACY SOURCE

  $268,510

  READY TO WORK

• ASIAN COUNSELING & REFERRAL SERVICE

  $211,107

  READY TO WORK

• NEIGHBORHOOD HOUSE

  $73,555

  READY TO WORK

• SOMALI COMMUNITY SERVICES OF SEATTLE

  $43,851

  READY TO WORK

• 6645 SOUTH PROSPECT LLC

  $35,000

  FIELD ORDER 15 DISBURSEMENT

• ALPHA SHARP DEVELOPMENT PARTNERS INC

  $35,000

  FIELD ORDER 15 DISBURSEMENT

• BUILD MOD LLC

  $35,000

  FIELD ORDER 15 DISBURSEMENT

• CCC JOINT LLC

  $35,000

  FIELD ORDER 15 DISBURSEMENT

• IMPACT DEVELOPMENT GROUP LLP

  $35,000

  FIELD ORDER 15 DISBURSEMENT

• JLE DEVELOPMENT LLC

  $35,000

  FIELD ORDER 15 DISBURSEMENT

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

• HOMESIGHT

  501(C)(3) · COMMUNITY DEVELOPMENT · WA

Provenance

Return type

form_990

Tax year

2024

Filed

12 November 2025

IRS schema version

2024v5.2

Source object

202523179349303752

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.