Fireweed Housing Development Inc
- Assets
- $1.0m
- Revenue
- $288.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Wasilla, AK
- Founding
- 06/1993
- Data as of
- 06/2022
- EIN
- 92-0144518
Organization Overview
Fireweed Housing Development Inc is located in Wasilla, AK. The organization was established in 1993. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., 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. Fireweed Housing Development Inc 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 06/2022, Fireweed Housing Development Inc generated $288.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $329.4k during the year ending 06/2022. While expenses have increased by 0.6% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE LOW INCOME HOUSING FOR THE DISABLED
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PURPOSE OF FIREWEED HOUSING IS TO OWN AND OPERATE PROPERTIES IN WASILLA, ALASKA THAT PROVIDE HOUSING FOR MENTALLY DISABLED ADULTS
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 |
|---|---|---|---|
John Weaver CEO | Officer | 0 | $0 |
Mark Larsen Director | Trustee | 0 | $0 |
Russell Joyce Vice - Chair | Trustee | 0 | $0 |
Donita Mitchell Director | Trustee | 0 | $0 |
Jaime Rodriguez Director | Trustee | 0 | $0 |
Carolyn Covington Secretary | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $118,742 |
| 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 | $118,742 |
| Total Program Service Revenue | $161,413 |
| Investment income | $11 |
| 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 | $288,205 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $48,887 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $18,537 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,535 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $6,674 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $54,901 |
| Insurance | $33,826 |
| All other expenses | $7,671 |
| Total functional expenses | $329,357 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,076 |
| Savings and temporary cash investments | $10,865 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $8,511 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $890,723 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $128,025 |
| Total assets | $1,044,200 |
| Accounts payable and accrued expenses | $170,640 |
| Grants payable | $0 |
| Deferred revenue | $6,095 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $3,269,460 |
| Unsecured mortgages and notes payable | $2,816 |
| Other liabilities | $10,869 |
| Total liabilities | $3,459,880 |
| Net assets without donor restrictions | -$2,415,680 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,044,200 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New Beginnings Seattle, WA | $5,783,436 | $4,899,570 |
Ronald Mcdonald House Charities Of The Inland Northwest Spokane, WA | $19,773,050 | $4,054,646 |
Valley Residential Services Wasilla, AK | $8,200,146 | $2,643,451 |
Cold Climate Housing Research Center Fairbanks, AK | $6,922,217 | $1,739,253 |
Terry Home A Non-Profit Corporation Auburn, WA | $2,075,617 | $996,839 |
1416 Association Lynnwood, WA | $1,146,209 | $613,915 |
Vashon House Hold Vashon, WA | $9,984,310 | $412,316 |
Aero Kirkland Association Seattle, WA | $22,575,758 | $171,258 |
Washington Apartment Association Everett, WA | $187,747 | $391,795 |
Fireweed Housing Development Inc Wasilla, AK | $1,044,200 | $288,205 |
Boys Next Door Adult Family Home Puyallup, WA | $250,012 | $328,128 |
Juanita View Association Seattle, WA | $12,286,258 | $58,121 |