Totals
- Total revenue
- $923,782
- Total expenses
- $240,898
- Contributions and grants received
- $923,371
- Grants paid
- $0
- Program service revenue
- $100
- Investment income
- $683
- Other revenue
- -$372
- Total assets, end of year
- $1,246,999
- Total liabilities, end of year
- $18,676
- Net assets or fund balances, end of year
- $1,228,323
- Program services expenses (Part IX)
- $131,390
- Management and general expenses
- $100,731
- Fundraising expenses
- $8,777
- Program service expenses (Part III)
- $131,390
Program services were 54.5% 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.
-
1a · Federated campaigns
$0
-
1b · Membership dues
$1,475
-
1c · Fundraising events
$0
-
1d · Related organizations
$0
-
1e · Government grants (contributions)
$88,963
-
1f · All other contributions, gifts and grants
$832,933
-
1g · Noncash contributions included above
$0
-
2a · Program service revenue: Program Revenue
total $100 · related or exempt $100 · unrelated business $0 · excluded $0
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $683 · related or exempt $0 · unrelated business $0 · excluded $683
-
4 · Income from investment of tax-exempt bond proceeds
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
5 · Royalties
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
6a · Gross rents
real property $2,160 · personal property $0
-
6b · Less rental expenses
real property $2,532 · personal property $0
-
6c · Rental income or loss
real property -$372 · personal property $0
-
6d · Net rental income or loss
total -$372 · related or exempt -$372 · unrelated business $0 · excluded $0
-
7c · Gain or loss
securities $0 · other assets $0
-
8a · Fundraising events: contributions included on line 1c
$0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $82,218 · program services $41,109 · management and general $41,109
-
7 · Other salaries and wages
total $52,372 · program services $26,186 · management and general $26,186
-
10 · Payroll taxes
total $11,678 · program services $5,839 · management and general $5,839
-
11b · Fees: legal
total $2,250 · management and general $2,250
-
11c · Fees: accounting
total $19,211 · management and general $19,211
-
11g · Fees: other
total $53,707 · program services $47,984 · fundraising $5,723
-
12 · Advertising and promotion
total $3,013 · program services $2,488 · management and general $525
-
13 · Office expenses
total $4,876 · program services $100 · management and general $4,776
-
16 · Occupancy
total $0
-
17 · Travel
total $707 · management and general $707
-
19 · Conferences, conventions and meetings
total $0
-
22 · Depreciation, depletion and amortization
total $1,396 · program services $1,396
-
23 · Insurance
total $0
-
24a · Other expenses: Program Expenses
total $6,416 · program services $6,288 · management and general $128 · fundraising $0
-
24b · Other expenses: Fundraising Expenses
total $3,054 · program services $0 · management and general $0 · fundraising $3,054
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $279,009 · end of year $541,019
-
2 · Savings and temporary cash investments
beginning of year $11,435 · end of year $183,147
-
4 · Accounts receivable
beginning of year $110 · end of year $585
-
10a · Land, buildings and equipment: cost or other basis
$526,436
-
10b · Land, buildings and equipment: accumulated depreciation
$4,188
-
10c · Land, buildings and equipment, net
beginning of year $275,524 · end of year $522,248
-
17 · Accounts payable and accrued expenses
beginning of year $19,616 · end of year $18,676
-
27 · Net assets without donor restrictions
beginning of year $546,462 · end of year $1,228,323
-
28 · Net assets with donor restrictions
beginning of year $0 · end of year $0
Mission and programs · 2025
Mission
To develop and steward land for permanently affordable housing and related community needs on the North Olympic Peninsula.
-
OHT's primary activity is affordable housing development. OHT is actively engaged in ongoing project management for two affordable housing construction projects: Dundee Hill, starting in 2025 and Chimacum Commons project started in 2023. Goals of project predevelopment are to design, plan, permit, fund, construct, and sell / rent homes to eligible households. Projects to be built by 2026 and 2027 respectively. OHT has ongoing stewardship activities regarding the four low-income households it serves currently. On an ongoing basis, these homeowners are supported with lease payment monitoring, support in maintenance questions, and resale questions.
Expenses $131,390 · Revenue $100
As filed on the 2025 return.
Listed in Part VII
-
Kathy Morgan
Executive Director
- Total calculated
- $82,218
- From this org
- $82,218
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Theodore Howard
President
- Total calculated
- $0
- Hours/week
- 1
-
Sam Schroeder
Vice President
- Total calculated
- $0
- Hours/week
- 1
-
Bob Alei
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Kristina Stimson
Director
- Total calculated
- $0
- Hours/week
- 1
-
Audrey Morford
Director
- Total calculated
- $0
- Hours/week
- 1
-
Emily Abell
Director
- Total calculated
- $0
- Hours/week
- 1
-
Tirzah Juskalian
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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 30 July 2026
- IRS schema version
- 2025v4.0
- Source object
- 202632119349300823
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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