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Spokane Housing Ventures

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

EIN: 911551154 ✦ Spokane, WA ✦ Designated as a 501(c)(3)

Overview

What is Spokane Housing Ventures?

Spokane Housing Ventures (SHV) is a nonprofit organization situated in Spokane, Washington. Their primary mission is to preserve and develop housing for individuals and families with limited incomes and disabilities, aiming to help them achieve self-sufficiency. They accomplish this objective by managing and owning various affordable housing properties throughout the Spokane, Medical Lake, and Davenport communities. Furthermore, SHV has interests in tax credit limited partnerships and limited liability companies, which they also manage. In 2015, they expanded their operations by purchasing a commercial office building to serve as their corporate headquarters. SHV's rental income includes parts of the building they do not occupy. In addition to housing, SHV supports their residents by providing access to necessary services, helping them strive towards self-sufficiency.


Official website here: www.spokanehousingventures.org

Is Spokane Housing Ventures legitimate?

Spokane Housing Ventures is a legitimate nonprofit organization registered as a 501(c)(3) entity. Spokane Housing Ventures 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: $1,115,693

For more financial information, click here


Official website here: www.spokanehousingventures.org

What is the mission statement of Spokane Housing Ventures?

Spokane Housing Ventures' mission is centered around preserving and developing housing options for families and individuals with limited incomes and disabilities. Their primary goal is to help these residents gain self-sufficiency by providing access to supportive services. By preserving existing housing and developing new innovative options, Spokane Housing Ventures aims to enhance the living standards of its residents. They manage and own various affordable housing properties, offering assistance in areas such as program expenses, healthcare, and financial challenges. Additionally, they have interests in tax credit limited partnerships and manage tax credit properties.


Official website here: www.spokanehousingventures.org

Who is the CEO of Spokane Housing Ventures?

Steve Mcbride is the President of Spokane Housing Ventures.


Official website here: www.spokanehousingventures.org

What is the revenue of Spokane Housing Ventures?

Spokane Housing Ventures's revenue in 2022 was $5,812,394.


Official website here: www.spokanehousingventures.org

Who are the executives of Spokane Housing Ventures and what are their salaries?

The average compensation at Spokane Housing Ventures during 2022 was $12,127. There are 92 employees at Spokane Housing Ventures.

Here are 11 key members and their salaries:

    Spencer Gardner (Real Est Com) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Hawkins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Keith Kelley (Past Preside) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Mcbride (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bethany Pashel (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dianne Quast (Vice Preside) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Betsy Wilkerson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Williams (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Leroy Eadie (Executive Di)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joyce Saisbury-Dickson (Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Halona Thompson (Vp Housing F)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.spokanehousingventures.org

    Where can I find the form 990 for Spokane Housing Ventures?

    The Spokane Housing Ventures’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.spokanehousingventures.org

    Learn more at the official website: www.spokanehousingventures.org

    Mission Statement of Spokane Housing Ventures

    Spokane Housing Ventures, a nonprofit organization, is committed to preserving and developing housing options for families and individuals with limited incomes and disabilities. Their mission is twofold: firstly, they aim to preserve existing housing and develop innovative new housing solutions, primarily for those in need due to financial constraints and disabilities. Secondly, they strive to help their residents access supportive services that can aid them in achieving self-sufficiency. This nonprofit organization actively manages a variety of low-income housing rental properties, both properties they own outright and those they have an interest in through limited partnerships and LLCs. Their management extends to tax credit properties as well, demonstrating their dedication to providing affordable housing options. Spokane Housing Ventures went a step further in 2015 when they purchased a commercial office building, which they use as their corporate headquarters. The rental income from this building serves as an additional source of support for their mission.

    Impact

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




    Saturday, July 20, 2024

    Spokane Housing Ventures impacts the community by preserving and developing housing for families and individuals with limited incomes and disabilities. They also help residents access supportive services to achieve self-sufficiency. Through their operation and management of low-income housing rental properties, Spokane Housing Ventures provides affordable housing options in various communities such as Spokane, Medical Lake, and Davenport. Their mission focuses on creating innovative housing solutions for those in need and empowering residents to become self-sufficient.





    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: $2,231
  • Program Service Revenue: $5,565,427
  • Gross Receipts: $5,812,394

    • Assets and Liabilities:
  • Total Assets: $36,515,376
  • Total Liabilities: $36,892,026
  • Net Assets: -$376,650
  • Programs

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

    RENTAL INCOME

    Revenue

    $5,456,051

    LAUNDRY, TENANT CHARGES

    Revenue

    $109,376

    Organization Details

    Founding Year

    1992

    Principal Officer

    Steve Mcbride

    Main Address

    2001 N DIVISION STREET SUITE 100, SPOKANE, WA, 99207

    NTEE Category

    Code: T99Z - Philanthropy

    If you are a representative of Spokane Housing Ventures 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.