Juneau Housing Trust Inc
- Assets
- $1.1m
- Revenue
- $46.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Juneau, AK
- Founding
- 06/2000
- Data as of
- 12/2021
- EIN
- 31-1698129
Organization Overview
Juneau Housing Trust Inc is located in Juneau, AK. The organization was established in 2000. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Juneau Housing Trust Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Juneau Housing Trust Inc generated $46.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $30.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
DEVELOP OPPORTUNITIES FOR AFFORDABLE HOMEOWNERSHIP IN JUNEAU.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE JUNEAU HOUSING TRUST SETS THE RESALE PRICE OF ANY HOME IN THE COMMUNITY LAND TRUST, ENSURING ITS AFFORDABILITY FOR EACH SUCCESSIVE HOME BUYER. UNDER ITS RESALE FORMULA, THE HOMEOWNER, WHEN THE HOME IS SOLD, RECEIVES ALL THE MONEY OR EQUITY THEY HAVE PAID OFF THE HOME MORTGAGE, PLUS 25% OF THE APPRECIATED VALUE OF THE HOME. PUT ANOTHER WAY, THE SELLER RECEIVES 25% OF THE DIFFERENCE IN APPRECIATION OF THE HOME. THERE WAS ONE RESALE IN 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tamara Rowcroft Board Vice P | OfficerTrustee | 5 | $0 |
Stephen Sorensen Board Presid | OfficerTrustee | 2 | $0 |
Mary Bernadette Blankenship Board Member | Trustee | 1 | $0 |
Minerva Carandang Board Member | Trustee | 1 | $0 |
Cynthia Gleason Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,500 |
| Total Program Service Revenue | $45,150 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $46,650 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,063 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $401 |
| Office expenses | $541 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $27,881 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,017 |
| All other expenses | $0 |
| Total functional expenses | $30,903 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $47,491 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,074,986 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,122,477 |
| Accounts payable and accrued expenses | $47,567 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $170,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $217,567 |
| Net assets without donor restrictions | $904,910 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,122,477 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Juneau Housing Trust Inc has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Ambrosiani Foundation DeWitt, MI PURPOSE: HOUSING EDUCATION PROGRAM | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Habitat For Humanity International Inc Spokane, WA | $8,447,142 | $6,994,226 |
Homestead Community Land Trust Seattle, WA | $27,329,923 | $6,114,332 |
Catholic Charities Housing Services Diocese Of Yakima Yakima, WA | $29,693,210 | $6,976,540 |
Habitat For Humanity International Inc Tacoma, WA | $17,866,914 | $12,307,277 |
Catholic Housing Services Of Eastern Washington Spokane, WA | $50,661,473 | $5,280,183 |
Tri State Steelheaders Walla Walla, WA | $893,078 | $3,665,367 |
Habitat For Humanity International Inc Port Townsend, WA | $6,807,996 | $5,282,741 |
Habitat For Humanity International Inc Vancouver, WA | $4,559,452 | $3,334,085 |
Northwest Association For Housing Affordability Spokane, WA | $14,580,061 | $2,317,224 |
Stephens Place Vancouver, WA | $10,607,593 | $2,273,222 |
Habitat For Humanity International Inc Richland, WA | $6,678,020 | $2,569,320 |
Habitat For Humanity International Inc Oak Harbor, WA | $4,418,980 | $2,320,614 |