Senior Housing Assistance Group

Shag

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

EIN: 943063455 ✦ Bellevue, WA ✦ Designated as a 501(c)(3)

Overview

What is Senior Housing Assistance Group?

The Senior Housing Assistance Group (SHAG) is a nonprofit organization based in Bellevue, Washington, with a mission to develop and operate affordable housing projects for low-income elderly and disabled individuals and households. With a total of 5,000 dwelling units across 30 qualified housing projects, SHAG plays a crucial role in providing shelter for those in need. Furthermore, they oversee the operation of 28 federally qualified low-income housing projects, representing approximately 5,500 residents. Their ultimate goal is to foster affordable housing options for seniors and individuals with disabilities, while also networking with other non-profits to ensure necessary supports and services for maintaining independence and housing stability.


Official website here: www.shag.org

Is Senior Housing Assistance Group legitimate?

Senior Housing Assistance Group is a legitimate nonprofit organization registered as a 501(c)(3) entity. Senior Housing Assistance Group 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: $486,602

For more financial information, click here


Official website here: www.shag.org

What is the mission statement of Senior Housing Assistance Group?

The Senior Housing Assistance Group is dedicated to fostering affordable housing for low- and moderate-income seniors and individuals with disabilities. By promoting collaboration with other non-profits, the organization aims to provide essential supports and services necessary for maintaining independence and housing stability. The Senior Housing Assistance Group is responsible for facilitating the development of 30 qualified housing projects for low-income elderly and disabled individuals, accommodating a total of 5,000 dwelling units. Additionally, the organization manages the operation of 28 federally qualified low-income housing projects, which provide homes for approximately 5,500 residents.


Official website here: www.shag.org

Who is the CEO of Senior Housing Assistance Group?

Torsten Hirche is the President & Ceo of Senior Housing Assistance Group. The CEO's salary of Senior Housing Assistance Group is $0 and their total compensation is $0.


Official website here: www.shag.org

What is the revenue of Senior Housing Assistance Group?

Senior Housing Assistance Group's revenue in 2022 was $37,172,442.


Official website here: www.shag.org

Who are the executives of Senior Housing Assistance Group and what are their salaries?

Here are 14 key members and their salaries (Senior Housing Assistance Group's CEO's salary is $0 and their total compensation is $0):

    Torsten Hirche (President & Ceo) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Connell (Treasurer & Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karen Lucas (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michelle Luke (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Scott Lumsden (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary Wagner (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Barb Bennett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jesse Bond (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cathy Danigelis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Iwanski (Director (Through...))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Melhorn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karin Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lisa Nelson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Greg Russell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.shag.org

    Where can I find the form 990 for Senior Housing Assistance Group?

    The Senior Housing Assistance Group’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.shag.org

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

    Mission Statement of Senior Housing Assistance Group

    The Senior Housing Assistance Group, with a mission to foster affordable housing, is dedicated to serving the needs of low-income seniors and individuals with disabilities. By promoting collaboration with other non-profits, the organization strives to provide the necessary supports and services that enable independence and housing stability.

    In total, the Senior Housing Assistance Group is responsible

    Impact

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




    Thursday, August 15, 2024

    Senior Housing Assistance Group's impact is substantial in fostering affordable housing for low- and moderate-income seniors and individuals aged 55 and above with disabilities. The organization has facilitated the development of 30 qualified housing projects, providing a total of 5,000 dwelling units for low-income elderly and disabled individuals. Additionally, they operate 28 federally qualified low-income housing projects, serving approximately 5,500 residents. This work contributes significantly to ensuring housing stability and independence for vulnerable populations in Bellevue, Washington.





    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: $376,853
  • Program Service Revenue: $36,795,589
  • Gross Receipts: $37,172,442

    • Assets and Liabilities:
  • Total Assets: $13,973,610
  • Total Liabilities: $2,000,181
  • Net Assets: $11,973,429
  • Programs

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

    RENTAL REVENUE

    Revenue

    $36,550,013

    MANAGEMENT FEES

    Revenue

    $182,918

    INVESTMENT IN PARTNERSHIPS

    Revenue

    $62,658

    Organization Details

    Founding Year

    1988

    Principal Officer

    Torsten Hirche

    Main Address

    1980 112TH AVENUE 210, BELLEVUE, WA, 98004

    NTEE Category

    Code: L22 - Housing

    If you are a representative of Senior Housing Assistance Group 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.