Overview
What is Home Trust Of Skagit?
Home Trust of Skagit is a community land trust established in Mount Vernon, Washington. This nonprofit organization aims to address the issue of affordable housing in the Skagit Valley by securing and maintaining rental units for local families. During the pandemic, Home Trust of Skagit assisted over 26 individuals and families in maintaining housing during times of crisis. The organization's mission is to help homeowners in Skagit County achieve an equity return on their investment while ensuring affordable housing remains accessible. With a small team of two dedicated individuals, Home Trust of Skagit plays a crucial role in addressing local housing needs.
Official website here: www.hometrustofskagit.org/
Is Home Trust Of Skagit legitimate?
Home Trust Of Skagit is a legitimate nonprofit organization registered as a 501(c)(3) entity. Home Trust Of Skagit submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $86,522
Professional Fundraising Fees: $0
Other Salaries and Wages: $876
For more financial information, click here
Official website here: www.hometrustofskagit.org/
What is the mission statement of Home Trust Of Skagit?
The Home Trust of Skagit, as a community land trust, is established with a mission to assist homeowners in securing affordable homes and achieving an equity return on their investment. This organization operates by maintaining rental units, thereby providing affordable housing options to families in need. During the pandemic, the trust has played a significant role in helping over 26 individuals and families secure housing during challenging times.
Official website here: www.hometrustofskagit.org/
Who is the CEO of Home Trust Of Skagit?
Becki Bell is the Treasurer of Home Trust Of Skagit.
Official website here: www.hometrustofskagit.org/
What is the revenue of Home Trust Of Skagit?
Home Trust Of Skagit's revenue in 2022 was $242,949.
Official website here: www.hometrustofskagit.org/
Who are the executives of Home Trust Of Skagit and what are their salaries?
The average compensation at Home Trust Of Skagit during 2022 was $43,699. There are 2 employees at Home Trust Of Skagit.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $86,522
- Other: $5,450
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.hometrustofskagit.org/
Where can I find the form 990 for Home Trust Of Skagit?
Home Trust Of Skagit's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hometrustofskagit.org/
Learn more at the official website: www.hometrustofskagit.org/
Mission Statement of Home Trust Of Skagit
Home Trust of Skagit, as a community land trust, is established with a mission to assist homeowners in securing affordable homes and achieving an equitable return on their investment. This organization aims to address the housing needs of individuals and families by providing and maintaining rental units, thereby making affordable housing a reality in the Skagit Valley. During the pandemic, Home Trust of Skagit demonstrated its commitment by supporting over 26 individuals and families in securing housing during a critical period.
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Impact
October, 2024
Home Trust of Skagit plays a crucial role in enhancing housing stability and affordability in Skagit County, Washington. By focusing on securing and maintaining rental units, it ensures that families in the Skagit Valley have access to affordable housing options. During the pandemic, the organization made a significant impact by helping over 26 individuals and families secure housing during a time of crisis. This support not only addresses immediate housing needs but also helps residents build equity, fostering long-term financial stability and community well-being. Through its efforts, Home Trust of Skagit contributes to a more equitable housing landscape, enabling homeowners to realize the benefits of affordable living in a challenging economic climate.
This information is meant to be a general summary of Home Trust Of Skagit. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $123
- Program Service Revenue: $148,569
- Gross Receipts: $242,949
Assets and Liabilities:
- Total Assets: $1,963,439
- Total Liabilities: $1,553,410
- Net Assets: $410,029
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Ground Lease
Revenue
$9,173
HOA Dues
Revenue
$9,594
Rental Income
Revenue
$129,802
Organization Details
Founding Year
2009
Phone
(360) 428-0014Principal Officer
Becki Bell
Main Address
612 S FIRST ST, Mount Vernon, WA, 98273
Website
www.hometrustofskagit.org/NTEE Category
Code: L21 - Housing
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