Totals
- Total revenue
- $533,453
- Total expenses
- $756,094
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $532,122
- Investment income
- $1,331
- Other revenue
- $0
- Total assets, end of year
- $4,081,799
- Total liabilities, end of year
- $108,227
- Net assets or fund balances, end of year
- $3,973,572
- Program services expenses (Part IX)
- $756,094
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $756,094
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.
Revenue
Part VIII, the statement of revenue.
-
2a · Program service revenue: DWELLING RENTAL
total $532,085 · related or exempt $532,085
-
2b · Program service revenue: MISC INCOME
total $37 · related or exempt $37
-
3 · Investment income
total $1,331 · excluded $1,331
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $101,151 · program services $101,151
-
9 · Other employee benefits
total $13,304 · program services $13,304
-
10 · Payroll taxes
total $13,527 · program services $13,527
-
11a · Fees: management
total $60,330 · program services $60,330
-
11c · Fees: accounting
total $6,900 · program services $6,900
-
11g · Fees: other
total $2,970 · program services $2,970
-
12 · Advertising and promotion
total $856 · program services $856
-
13 · Office expenses
total $15,401 · program services $15,401
-
19 · Conferences, conventions and meetings
total $831 · program services $831
-
22 · Depreciation, depletion and amortization
total $194,294 · program services $194,294
-
23 · Insurance
total $23,929 · program services $23,929
-
24a · Other expenses: MAINTENANCE& REPAIRS
total $147,044 · program services $147,044
-
24b · Other expenses: UTILITIES EXPENSE
total $115,982 · program services $115,982
-
24c · Other expenses: OTHER ADMINISTRATIVE
total $51,794 · program services $51,794
-
24d · Other expenses: LAND LEASE
total $7,706 · program services $7,706
-
24e · All other expenses
total $75 · program services $75
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $9,261 · end of year $7,525
-
4 · Accounts receivable
end of year $129
-
9 · Prepaid expenses and deferred charges
beginning of year $246,906 · end of year $239,201
-
10a · Land, buildings and equipment: cost or other basis
$6,887,455
-
10b · Land, buildings and equipment: accumulated depreciation
$3,158,043
-
10c · Land, buildings and equipment, net
beginning of year $3,923,706 · end of year $3,729,412
-
15 · Other assets
beginning of year $76,666 · end of year $105,532
-
17 · Accounts payable and accrued expenses
beginning of year $46,187 · end of year $93,745
-
19 · Deferred revenue
beginning of year $18 · end of year $27
-
25 · Other liabilities
beginning of year $14,121 · end of year $14,455
-
27 · Net assets without donor restrictions
beginning of year -$2,890,663 · end of year -$3,113,304
-
28 · Net assets with donor restrictions
beginning of year $7,086,876 · end of year $7,086,876
Mission and programs · 2024
Mission
TO PROVIDE LOW INCOME HOUSING TO ELDERLY/HANDICAPPED PERSONS.
-
PROVIDE AFFORDABLE HOUSING FACILITIES FOR ELDERLY/HANDICAPPED PERSONS RESIDING IN THE GREATER PUGET SOUND REGION. PROVIDE SUPPORT SERVICES FOR THE PHYSICAL, SOCIAL AND PSYCHOLOGICAL NEEDS OF ELDERLY CITIZENS PARTICIPATING IN THE HOUSING PROGRAM.
Expenses $756,094 · Revenue $532,122
As filed on the 2024 return.
Listed in Part VII
-
Peter AnsaraPETER ANSARA
BOARD CHAIR
- Total calculated
- $0
-
Yoni YiYONI YI
HSG. COMMITT
- Total calculated
- $0
- Hours/week
- 2 + 5 related
-
Kyung Ja ShinKYUNG JA SHIN
BOARD
- Total calculated
- $0
- Hours/week
- 2 + 5 related
-
Young GoeringYOUNG GOERING
BOARD
- Total calculated
- $0
- Hours/week
- 2 + 5 related
-
Chong DameronCHONG DAMERON
BOARD
- Total calculated
- $0
- Hours/week
- 2 + 5 related
-
Sugin CrowSUGIN CROW
BOARD
- Total calculated
- $0
- Hours/week
- 2 + 5 related
-
Dori SynnDORI SYNN
BOARD
- Total calculated
- $0
- Hours/week
- 2 + 5 related
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.
Grants on this return
No itemized grants to organizations on this return.
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.
-
501C · COMMUNITY · WA
-
501C · REAL RENTA · WA
Directly controlled by KWA
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 23 October 2025
- IRS schema version
- 2024v5.0
- Source object
- 202542959349301224
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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