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First Ame Housing Association

Fame

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 911148798 ✦ Seattle, WA ✦ Designated as a 501(c)(3)

Overview

What is First Ame Housing Association?

First Ame Housing Association, identified as FAME, is a Washington State-based nonprofit corporation that possesses legal ownership over three properties. These properties house a total of 98 units, all situated in Seattle, Washington. The organization's primary mission is to provide affordable housing solutions to low-income families and the elderly. By doing so, they strive to contribute positively to their community. With a team of seven dedicated individuals, FAME plays a crucial role in ensuring affordable housing options are accessible to those in need.


Is First Ame Housing Association legitimate?

First Ame Housing Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. First Ame Housing Association submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $407,928

For more financial information, click here


What is the mission statement of First Ame Housing Association?
Who is the CEO of First Ame Housing Association?
What is the revenue of First Ame Housing Association?
Who are the executives of First Ame Housing Association and what are their salaries?
Where can I find the form 990 for First Ame Housing Association?

Mission Statement of First Ame Housing Association

First Ame Housing Association, a non-profit organization, is committed to providing affordable housing solutions for low and moderate income families and the elderly. This mission is carried out through the management of three properties, which collectively house 98 units in Seattle, Washington. The association's primary goal is to make housing accessible to individuals and families who may otherwise struggle to secure affordable housing options. By offering affordable housing units, the association aims to contribute to the well-being and stability of its community members.

Impact

This information is meant to be a general summary of First Ame Housing Association. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

First Ame Housing Association's impact is substantial in providing affordable housing to low and moderate-income families and the elderly in Seattle, Washington. Through its three properties, totaling 98 units, this organization plays a crucial role in addressing the housing needs of vulnerable populations in the city. By offering safe and affordable housing options, First Ame Housing Association contributes to enhancing the quality of life for individuals and families who might otherwise struggle to secure suitable accommodations in an expensive housing market.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $8,368,253
  • Program Service Revenue: $2,590,311
  • Gross Receipts: $11,784,668

    • Assets and Liabilities:
  • Total Assets: $19,532,975
  • Total Liabilities: $3,357,765
  • Net Assets: $16,175,210
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    RENTAL INCOME

    Revenue

    $2,331,569

    DEVELOPER REVENUE

    Revenue

    $245,914

    TENANT CHARGES

    Revenue

    $9,785

    LAUNDRY AND VENDING

    Revenue

    $3,043

    Organization Details

    Founding Year

    1969

    Principal Officer

    Roxanne Buchanan

    Main Address

    1801 EAST YESLER WAY, SEATTLE, WA, 98122

    NTEE Category

    Code: L200 - Housing

    If you are a representative of First Ame Housing Association and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.