Silver View Senior Housing Association

Organization Overview

Silver View Senior Housing Association, operating under the name Silver View Senior Apartments, is located in Everett, WA. The organization was established in 1994. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, 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. Silver View Senior Apartments 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, Silver View Senior Apartments generated $393.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $310.0k during the year ending 12/2021. While expenses have increased by 1.3% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

HOUSING FOR LOW INCOME ELDERLY

Describe the Organization's Program Activity:

Part 3 - Line 4a

SILVER VIEW SENIOR HOUSING ASSOCIATION OPERATES A 40 UNIT HUD SECTION 202 APARTMENT BUILDING WITH 39 UNITS RESTRICTED FOR LOW INCOME ELDERLY RESIDENTS. TENANTS QUALIFY FOR HUD RENT SUBSIDIES.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $247,424
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$247,424
Total Program Service Revenue$145,865
Investment income $55
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 $393,344

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