Fairview Housing
- Assets
- $163.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bellevue, WA
- Founding
- 08/1997
- Data as of
- 06/2024
- EIN
- 91-1804397
Organization Overview
Fairview Housing is located in Bellevue, WA. The organization was established in 1997. 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. Fairview Housing 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 06/2024, Fairview Housing generated $152.6k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $169.8k during the year ending 06/2024. While expenses have increased by 7.4% 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
FAIRVIEW HOUSING IS A NON-PROFIT WASHINGTON STATE CORPORATION FORMED ON DECEMBER 23, 1996, WHICH HOLDS LEGAL TITLE TO THE PROJECT. THE PROJECT IS A 21-UNIT APARTMENT PROJECT FOR VERY LOW-INCOME ELDERLY PERSONS LOCATED IN WARDEN, WASHINGTON. THE PROJECT WAS DEVELOPED AND IS OPERATED UNDER SECTION 202 OF THE NATIONAL HOUSING ACT AND REGULATED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) WITH RESPECT TO RENTAL CHARGES AND OPERATING METHODS. THE PROJECT'S MAJOR HUD PROGRAM IS ITS SECTION 202 CAPITAL ADVANCE AGREEMENT. THE PROJECT'S NON-MAJOR HUD PROGRAM IS ITS SECTION 202 PROJECT RENTAL ASSISTANCE CONTRACT (PRAC).THE PROJECT IS ALSO SUBJECT TO SECTION 202 PROJECT RENTAL ASSISTANCE CONTRACT (PRAC) AGREEMENTS WITH HUD, AND A SIGNIFICANT PORTION OF THE PROJECT'S RENTAL INCOME IS RECEIVED FROM HUD.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Anderson President | 1 | $0 | |
Carol Anderson Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $151,943 |
| Membership dues | $0 |
| Investment income | $692 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $152,635 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $55,086 |
| Professional fees and other payments to independent contractors | $11,686 |
| Occupancy, rent, utilities, and maintenance | $77,571 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $25,411 |
| Total expenses | $169,754 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $22,311 |
| Other assets | $0 |
| Total assets | $163,613 |
| Total liabilities | $77,760 |
| Net assets or fund balances | $85,853 |