Overview
What is Whatcom-Skagit Housing?
Whatcom-Skagit Housing is a nonprofit organization situated in Ferndale, Washington. Its primary mission is to better the living conditions of families residing in Whatcom and Skagit counties. To achieve this goal, the organization provides support by improving the housing situation of local families. One of their key initiatives involves overseeing and coordinating construction services for low-income homeowners as they build their homes. Furthermore, Whatcom-Skagit Housing also purchases and sells lots to eligible low-income individuals. In 2022, they sold eight of their developed lots to qualified buyers. The organization is led by a team of seven dedicated employees.
Official website here: www.whatcomskagithousing.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating
Whatcom-Skagit Housing has achieved a Three-Star rating from Charity Navigator, reflecting its solid performance in accountability and finance. The charity's overall score is based entirely on its strong Accountability & Finance score of 81%, indicating responsible financial management and transparency in its operations.
The organization demonstrates significant strengths in its governance structure, including a fully independent board of directors, which is crucial for effective oversight. It also has a high program expense ratio of 73.09%, suggesting that a substantial portion of its funding directly supports its mission and programs. Furthermore, the charity maintains comprehensive policies regarding conflict of interest and whistleblower protections, which are essential for ethical governance.
While the financial health indicators are strong, it's important for potential donors and stakeholders to consider the overall impact and effectiveness of programs offered by Whatcom-Skagit Housing. Continuous evaluation of program outcomes could provide further insight into the charity's overall efficacy in addressing housing needs in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Whatcom-Skagit Housing legitimate?
Whatcom-Skagit Housing is a legitimate nonprofit organization registered as a 501(c)(3) entity. Whatcom-Skagit Housing 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: $67,971
Professional Fundraising Fees: $0
Other Salaries and Wages: $269,806
For more financial information, click here
Official website here: www.whatcomskagithousing.com
What is the mission statement of Whatcom-Skagit Housing?
The mission of Whatcom-Skagit Housing is centered around improving living conditions for families residing in both Whatcom and Skagit counties. Specifically, the organization strives to support these families by enhancing the livability of local homes and aiding in the provision of housing for individuals whose income falls below 80% of the county median income. To achieve this, Whatcom-Skagit Housing offers supervision and coordination of construction services during the building process for low-income homeowners, and it also purchases and sells lots to qualified low-income individuals. In 2022, the organization sold eight of its developed lots to low-income individuals.
Official website here: www.whatcomskagithousing.com
Who is the CEO of Whatcom-Skagit Housing?
Julia Menkee is the President of Whatcom-Skagit Housing.
Official website here: www.whatcomskagithousing.com
What is the revenue of Whatcom-Skagit Housing?
Whatcom-Skagit Housing's revenue in 2022 was $709,886.
Official website here: www.whatcomskagithousing.com
Who are the executives of Whatcom-Skagit Housing and what are their salaries?
The average compensation at Whatcom-Skagit Housing during 2022 was $48,254. There are 7 employees and 4 volunteers at Whatcom-Skagit Housing.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $67,971
- Related: $0
- Other: $0
Official website here: www.whatcomskagithousing.com
Where can I find the form 990 for Whatcom-Skagit Housing?
Whatcom-Skagit Housing's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.whatcomskagithousing.com
Learn more at the official website: www.whatcomskagithousing.com
Mission Statement of Whatcom-Skagit Housing
Whatcom-Skagit Housing is an organization dedicated to enhancing the living conditions of families residing in Whatcom and Skagit Counties. Its mission is to support these local families by working towards the improvement of their living conditions. Furthermore, the nonprofit aims to provide housing opportunities for individuals who fall below 80% of the county median income. To accomplish this, Whatcom-Skagit Housing offers supervision and coordination of construction services when homes are being built, and they also buy and sell lots to qualified low-income individuals. In 2022, the organization sold eight of its developed lots to eligible low-income individuals, furthering its mission to make housing more accessible for those in need.
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Impact
July, 2024
Whatcom-Skagit Housing's impact is significant in improving the living conditions of families in Whatcom and Skagit counties. The organization provides assistance to low-income homeowners by supervising and coordinating construction services during home building projects. Additionally, Whatcom-Skagit Housing helps low-income individuals by buying and selling lots to facilitate affordable housing opportunities. In 2022 alone, the organization successfully sold 8 developed lots to low-income individuals, furthering their mission to support families in need of housing support.
This information is meant to be a general summary of Whatcom-Skagit Housing. 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: $112,093
- Gross Receipts: $1,758,963
Assets and Liabilities:
- Total Assets: $4,657,477
- Total Liabilities: $597,031
- Net Assets: $4,060,446
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Organization Details
Founding Year
1976
Phone
(360) 398-0223Principal Officer
Julia Menkee
Main Address
1350 SLATER ROAD 10, FERNDALE, WA, 98248
Website
www.whatcomskagithousing.comNTEE Category
Code: L82Z - Housing
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