Nelsen Family Residence Historical Tr is located in Seattle, WA. The organization was established in 1999. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nelsen Family Residence Historical Tr 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 12/2022, Nelsen Family Residence Historical Tr generated $72.7k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 24.8% each year . All expenses for the organization totaled $66.0k during the year ending 12/2022. While expenses have increased by 2.5% per year over the past 8 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAINTAIN AND PRESERVE THE HISTORICAL RESIDENCE, ITS CONTENTS, AND ITS SURROUNDING GROUNDS FOR FUTURE GENERATIONS TO LEARN THE HISTORY OF THE TUKWILA COMMUNITY.
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $158 |
Dividends & Interest | $10,511 |
Net Rental Income | $51,213 |
Net Gain on Sale of Assets | $10,832 |
Capital Gain Net Income | $10,832 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $72,714 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $25,600 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $17,041 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $12,223 |
Total operating and administrative expenses | $65,970 |
Contributions, gifts, grants paid | $0 |
Total expenses and disbursements | $65,970 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $55,973 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $557,961 |
Investments—mortgage loans | $0 |
Investments—other | $353,198 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $967,132 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |