Low Income Housing Institute

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

EIN: 943155150 ✦ Seattle, WA ✦ Designated as a 501(c)(3)

Overview

What is Low Income Housing Institute?

The Low Income Housing Institute is a nonprofit organization based in Seattle, Washington, with an address at 1253 South Jackson Street A, ZIP code 98144. Their mission encompasses developing, owning, and operating housing for low-income, homeless, and formerly homeless individuals. Committed to advocacy, they push for fair housing policies at the local and national levels. Their supportive service programs aim to help those they serve maintain stable housing and increase self-sufficiency. Notably, they provide essential services such as hygiene centers, offering over 22,000 showers, 11,000 laundry loads, and numerous restroom uses to around 7,300 unique individuals. With a dedicated team of 546 employees, the Low Income Housing Institute remains a significant force in addressing housing needs and advocating for policies that benefit the most vulnerable members of society.


Official website here: www.lihi.org

Is Low Income Housing Institute legitimate?

Low Income Housing Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Low Income Housing Institute 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: $1,152,159
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,231,483

For more financial information, click here


Official website here: www.lihi.org

What is the mission statement of Low Income Housing Institute?

The Low Income Housing Institute is dedicated to providing housing solutions for those who are low-income, homeless, and formerly homeless. They actively advocate for fair housing policies at both local and national levels. In addition to developing, owning, and managing housing, they offer a range of supportive services to help individuals maintain stable housing and increase their self-sufficiency.


Official website here: www.lihi.org

Who is the CEO of Low Income Housing Institute?

Sharon H Lee is the Principal Officer of Low Income Housing Institute.


Official website here: www.lihi.org

What is the revenue of Low Income Housing Institute?

Low Income Housing Institute's revenue in 2022 was $75,635,152.


Official website here: www.lihi.org

Who are the executives of Low Income Housing Institute and what are their salaries?

The average compensation at Low Income Housing Institute during 2022 was $20,849. There are 546 employees and 531 volunteers at Low Income Housing Institute.

Here are 19 key members and their salaries:

    Sharon Lee (Executive Director)
  • Compensation: $308,766
  • Related: $0
  • Other: $10,972

    • Lynne Behar (Chief Financial Officer)
  • Compensation: $188,981
  • Related: $0
  • Other: $10,972

    • John Torrence (Director Of Housing Development)
  • Compensation: $142,914
  • Related: $0
  • Other: $10,972

    • Ralph Neis (Director Of Special Projects And Operations)
  • Compensation: $128,249
  • Related: $0
  • Other: $10,972

    • John Syverson (Facilities Director)
  • Compensation: $122,116
  • Related: $0
  • Other: $10,972

    • Bradley Reuling (Housing Development Manager)
  • Compensation: $114,993
  • Related: $0
  • Other: $10,972

    • Leigh Coleman (Director Of Housing Management)
  • Compensation: $113,618
  • Related: $0
  • Other: $10,972

    • Melinda Nichols (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cathy Danigelis (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nancy Bennett Evans (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pearl Leung (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Linda Battles (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bryan M Park (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Duncan Haas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Henry Mcgee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Herman Kahaloa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Mathews (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peter Guzman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chris Winters (Former Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.lihi.org

    Where can I find the form 990 for Low Income Housing Institute?

    The Low Income Housing Institute’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.lihi.org

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

    Mission Statement of Low Income Housing Institute

    The Low Income Housing Institute is a dedicated organization that works towards creating and managing affordable housing units for those in need. With a mission to benefit low-income, homeless, and formerly homeless individuals, this Institute goes beyond just providing housing. It advocates for fair housing policies at both local and national levels and administers various supportive service programs to help individuals maintain stable housing and increase their self-sufficiency.

    In practice, the Low Income Housing Institute develops, owns, and manages housing solutions for those who struggle financially or are homeless. It extends its reach beyond mere shelter, engaging in advocacy efforts to promote just housing policies and laws that cater to the underprivileged. Furthermore, the Institute offers a range of supportive services designed to assist those it serves in maintaining their housing and enhancing their self-sufficiency. These services play a crucial role in ensuring that individuals are able to sustain their living situations and improve their overall wellbeing.

    Impact

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




    Thursday, August 15, 2024

    The Low Income Housing Institute develops, owns, and operates housing for the benefit of low-income, homeless, and formerly homeless people. They also advocate for just housing policies at local and national levels while administering supportive service programs to help individuals maintain stable housing and increase their self-sufficiency. Additionally, they operate Urban Rest Stops, which are hygiene centers for the homeless providing showers, laundry facilities, and restroom use to thousands of individuals. Their impact is significant in providing housing and essential services to vulnerable populations in Seattle, 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: $632,131
  • Program Service Revenue: $18,309,473
  • Gross Receipts: $75,661,395

    • Assets and Liabilities:
  • Total Assets: $349,441,592
  • Total Liabilities: $227,092,943
  • Net Assets: $122,348,649
  • Programs

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

    RENTAL INCOME

    Revenue

    $16,190,802

    DEVELOPMENT FEES

    Revenue

    $1,080,513

    PROPERTY MANAGEMENT FEES

    Revenue

    $864,399

    CASH FLOW FEES

    Revenue

    $144,920

    OTHER FEES

    Revenue

    $22,094

    Organization Details

    Founding Year

    1991

    Principal Officer

    Sharon H Lee

    Main Address

    1253 SOUTH JACKSON STREET A, SEATTLE, WA, 98144

    NTEE Category

    Code: L20 - Housing

    If you are a representative of Low Income Housing Institute 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.