Form 990 for tax year 2022
Filed by HOUSING DEVELOPMENT CONSORTIUM OF SEATTLE-KING COUNTY.
Totals
- Total revenue
- $1,395,469
- Total expenses
- $1,666,590
- Contributions and grants received
- $1,387,668
- Grants paid
- $4,712
- Program service revenue
- $40,909
- Investment income
- $3,001
- Other revenue
- -$36,109
- Total assets, end of year
- $946,953
- Total liabilities, end of year
- $251,852
- Net assets or fund balances, end of year
- $695,101
- Program services expenses (Part IX)
- $1,226,455
- Management and general expenses
- $404,130
- Fundraising expenses
- $36,005
- Program service expenses (Part III)
- $1,226,455
Program services were 73.6% 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.
-
1b · Membership dues
$440,655
-
1c · Fundraising events
$262,892
-
1e · Government grants (contributions)
$190,700
-
1f · All other contributions, gifts and grants
$493,421
-
2a · Program service revenue: CHARITY INCOME RETAINED
total $22,227 · related or exempt $22,227
-
2b · Program service revenue: EVENT REGISTRATIONS
total $18,682 · related or exempt $18,682
-
3 · Investment income
total $3,001 · related or exempt $3,001
-
8a · Fundraising events: contributions included on line 1c
$262,892
-
8b · Fundraising events: direct expenses
$36,109
-
8c · Net income from fundraising events
total -$36,109
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $4,712 · program services $4,712
-
5 · Compensation of officers, directors and key employees
total $152,931 · program services $135,148 · management and general $9,435 · fundraising $8,348
-
7 · Other salaries and wages
total $425,885 · program services $326,129 · management and general $83,572 · fundraising $16,184
-
9 · Other employee benefits
total $126,237 · program services $86,784 · management and general $31,895 · fundraising $7,558
-
10 · Payroll taxes
total $53,109 · program services $40,758 · management and general $9,410 · fundraising $2,941
-
11c · Fees: accounting
total $41,493 · management and general $41,493
-
11d · Fees: lobbying
total $117,000 · program services $117,000
-
11g · Fees: other
total $465,870 · program services $450,965 · management and general $14,905
-
13 · Office expenses
total $133,834 · program services $13,231 · management and general $120,603
-
16 · Occupancy
total $61,994 · management and general $61,994
-
17 · Travel
total $3,540 · program services $1,735 · management and general $1,737 · fundraising $68
-
22 · Depreciation, depletion and amortization
total $12,355 · management and general $12,355
-
23 · Insurance
total $5,336 · management and general $5,336
-
24a · Other expenses: SPECIAL PROGRAMS/ACTIVITI
total $26,488 · program services $18,844 · management and general $7,644
-
24b · Other expenses: ALL OTHER EXPENSES
total $20,512 · program services $16,014 · management and general $3,592 · fundraising $906
-
24c · Other expenses: DUES/SUBSCRIPTIONS
total $9,294 · program services $9,135 · management and general $159
-
24d · Other expenses: BAD DEBT EXPENSE
total $6,000 · program services $6,000
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $504,026 · end of year $295,842
-
2 · Savings and temporary cash investments
beginning of year $422,486 · end of year $424,275
-
3 · Pledges and grants receivable
beginning of year $72,900
-
4 · Accounts receivable
beginning of year $13,736 · end of year $16,901
-
9 · Prepaid expenses and deferred charges
beginning of year $3,285 · end of year $13,247
-
10a · Land, buildings and equipment: cost or other basis
$61,050
-
10b · Land, buildings and equipment: accumulated depreciation
$51,771
-
10c · Land, buildings and equipment, net
beginning of year $21,634 · end of year $9,279
-
15 · Other assets
beginning of year $14,792 · end of year $187,409
-
17 · Accounts payable and accrued expenses
beginning of year $83,957 · end of year $71,956
-
19 · Deferred revenue
beginning of year $2,680 · end of year $5,046
-
25 · Other liabilities
end of year $174,850
-
27 · Net assets without donor restrictions
beginning of year $774,101 · end of year $619,226
-
28 · Net assets with donor restrictions
beginning of year $192,121 · end of year $75,875
Mission and programs · 2022
Mission
PROMOTE THE LONG-TERM AVAILABILITY OF AFFORDABLE HOUSING TO LOW-INCOME PERSONS.
-
THE HOUSING DEVELOPMENT CONSORTIUM PROVIDES A RANGE OF MEMBER SERVICES, BRINGING TOGETHER ALL SECTOR DISCIPLINES AND PROFESSIONS TO DISCUSS, DELIBERATE, AND ACT TO INCREASE THE QUALITY AND AVAILABILITY OF AFFORDABLE HOUSING IN KING COUNTY. HDC HOSTS/SPONSORS WORKSHOPS, SEMINARS, WEBINARS AND A VARIETY OF FORUMS FOR MEMBERS TO LEARN INDUSTRY BEST PRACTICES, DEVELOPMENT TECHNIQUES AND SKILLS, AND FACILITATE MEMBER ORGANIZATIONS SHARING IDEAS, REFLECT ON LESSONS LEARNED AND EXPLORE OPPORTUNITIES TO BETTER SERVE THE COMMUNITY.
Expenses $251,117
-
HDC'S GOAL IS TO INCREASE THE PRODUCTION OF AFFORDABLE HOUSING IN KING COUNTY THROUGH FAVORABLE PUBLIC POLICY, INCREASED RESOURCES, GREATER SOURCE EFFICIENCY, AND BROAD ALLIANCES COMMITTED TO SOCIAL EQUITY WITHIN SUSTAINABLE COMMUNITIES. WORKING CLOSELY WITH GOVERNMENT, HOUSING PROVIDERS, EQUITY ADVOCATES, BUSINESSES, AND COMMUNITY COALITIONS TO IMPLEMENT PUBLIC POLICIES THAT CREATE SAFE, HEALTHY, AFFORDABLE HOMES THROUGHOUT KING COUNTY. IN 2021 HDC WORKED TO: 1) FUND AFFORDABLE HOMES, 2) BUILD AND MAINTAIN INCLUSIVE COMMUNITIES, 3) IMPROVE THE HEALTH OF HOUSING, AND 4) SUPPORT ADOPTION OF AFFORDABLE HOUSING STRATEGIES IN JURISDICTION THROUGHOUT KING COUNTY.
Expenses $393,673
-
SOUND COMMUNITIES
Expenses $294,952 · Revenue $275,100
-
EBTF SKHHP LEADERSHIP DEVELOPMENT HOUSING & EDUCATION SEATTLE 4 EVERYONE HOUSING & HEALTH TECH 4 HOUSING
Expenses $286,713 · Grants $4,712
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Patience MalabaPATIENCE MALABA
EXECUTIVE DI
- Total calculated
- $178,665
- From this org
- $152,931
- From related orgs
- $0
- Other
- $25,734
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $152,931
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- $25,734
- Filer's total
- $178,665
-
Derrick BelgardeDERRICK BELGARDE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sai ChaleunphonhSAI CHALEUNPHONH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Terry GalineyTERRY GALINEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mark GropperMARK GROPPER
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Joel IngJOEL ING
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Grace KimGRACE KIM
VICE PRESIDE
- Total calculated
- $0
- Hours/week
- 1
-
Dan LandesDAN LANDES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Brian LloydBRIAN LLOYD
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Alisa LuberALISA LUBER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sunaree MarshallSUNAREE MARSHALL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Lindsay MastersLINDSAY MASTERS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Michelle MorlanMICHELLE MORLAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Elizabeth RinehartELIZABETH RINEHART
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Amanda SantoAMANDA SANTO
BOARD FELLOW
- Total calculated
- $0
- Hours/week
- 1
-
Andrea SatoANDREA SATO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Darryl SmithDARRYL SMITH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kate SmithKATE SMITH
VICE PRESIDE
- Total calculated
- $0
- Hours/week
- 1
-
Stephanie VelascoSTEPHANIE VELASCO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
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
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 14 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202323189349313087
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.