First Hill Improvement Association
- Assets
- $277.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Seattle, WA
- Founding
- 10/2015
- Data as of
- 12/2023
- EIN
- 47-3745685
Organization Overview
First Hill Improvement Association is located in Seattle, WA. The organization was established in 2015. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, First Hill Improvement Association employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. First Hill Improvement Association 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 12/2023, First Hill Improvement Association generated $139.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (11.9%) each year. All expenses for the organization totaled $118.1k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (15.5%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION CONTINUED TO BE THE VOICE OF THE FIRSTHILL NEIGHBORHOOD IN SEATTLE. PLEASE SEE A DETAILED LISTOF OUR ACCOMPLISHMENTS AT FIRSTHILL.ORG/ANNUAL-REPORT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Danielle Noune President And Trustee | 5 | $0 | |
Ted Klainer VP And Trustee | 2 | $0 | |
Robert Terrell Secretary And Trustee | 2 | $0 | |
Eli Lemanski Trustee | 1 | $0 | |
Ella Mcrae Trustee | 1 | $0 | |
Name Not Listed Executive Director | 40 | $86,900 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $135,661 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $3,758 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $139,419 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $98,870 |
| Professional fees and other payments to independent contractors | $5,500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $3,328 |
| Other expenses | $10,420 |
| Total expenses | $118,118 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $276,780 |
| Other assets | $0 |
| Total assets | $277,080 |
| Total liabilities | $938 |
| Net assets or fund balances | $276,142 |