Eight-Eleven Development
- Assets
- $229.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Spokane, WA
- Founding
- 10/1994
- Data as of
- 03/2024
- EIN
- 91-1623826
Organization Overview
Eight-Eleven Development is located in Spokane, WA. The organization was established in 1994. 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. Eight-Eleven Development 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 03/2024, Eight-Eleven Development generated $66.2k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $74.6k during the year ending 03/2024. While expenses have increased by 3.7% per year over the past 9 years. They've been increasing with an increasing level of total revenue. 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
2024
Describe the Organization's Program Activity:
Part 3
TO PROVIDE HOUSING FOR LOW INCOME AND DEVELOPMENTALLY DISABLED INDIVIDUALS IN SPOKANE WASHINGTON.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lawrence Garvin Secretary | 1 | $0 | |
Judith O'brien Vice President | 1 | $0 | |
Gary Lorentzen Director | 1 | $0 | |
Bob Travis President | 1 | $0 | |
Darryl Reber Executive Director | 1 | $0 | |
Clarann Taylor Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $50,127 |
| Total Program Service Revenue | $14,698 |
| Membership dues | $0 |
| Investment income | $1,363 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $66,188 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $5,847 |
| Professional fees and other payments to independent contractors | $17,627 |
| Occupancy, rent, utilities, and maintenance | $8,844 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $42,263 |
| Total expenses | $74,581 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $4,790 |
| Other assets | $0 |
| Total assets | $229,804 |
| Total liabilities | $419,496 |
| Net assets or fund balances | -$189,692 |