Overview
What is Compass Center Housing Development?
Compass Center Housing Development is a nonprofit organization situated in Seattle, Washington. Their primary focus is on providing affordable and permanent supportive housing for individuals in need. The organization offers enriched services to help residents keep their housing and live in a caring community. Specifically, they provide transitional housing, meals, and laundry services to homeless individuals on their journey towards independent living. The buildings owned by the organization serve as a sanctuary, offering temporary accommodation and essential amenities to those in need.
Is Compass Center Housing Development legitimate?
Compass Center Housing Development is a legitimate nonprofit organization registered as a 501(c)(3) entity. Compass Center Housing Development 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $34,017
For more financial information, click here
What is the mission statement of Compass Center Housing Development?
Compass Center Housing Development's mission is centered around providing transitional housing for individuals who are working towards independent living. The organization owns buildings that offer temporary shelter, meals, and laundry services to these individuals. Beyond transitional housing, Compass Center Housing Development also manages affordable and permanent supportive housing. Residents of this housing benefit from enriched services, enabling them to maintain their housing and live within a caring community.
Who is the CEO of Compass Center Housing Development?
Michael Bailey is the Chair of Compass Center Housing Development.
What is the revenue of Compass Center Housing Development?
Compass Center Housing Development's revenue in 2022 was $278,656.
Who are the executives of Compass Center Housing Development and what are their salaries?
There 6 volunteers at Compass Center Housing Development.
Here are 9 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $279,728
- Other: $36,543
- Compensation: $0
- Related: $159,773
- Other: $16,280
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $168,665
- Other: $7,714
Where can I find the form 990 for Compass Center Housing Development?
Compass Center Housing Development's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Compass Center Housing Development
Compass Center Housing Development is an organization dedicated to providing transitional housing for individuals who are homeless and working towards independent living. Their mission is to own buildings that offer temporary shelter, meals, and laundry services to these individuals. The organization's primary goal is to provide a supportive environment where residents can maintain their housing and live in a caring community. In addition to providing basic necessities, Compass Center Housing Development also offers enriched services to help its residents sustain their housing and reintegrate into society. The organization's approach is designed to empower homeless individuals, offering them the tools and resources needed to regain their independence and lead fulfilling lives.
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Impact
October, 2024
Compass Center Housing Development plays a vital role in addressing homelessness in Seattle by providing transitional housing for individuals on their path to independent living. By offering affordable and permanent supportive housing, the organization creates a stable environment where residents can access essential services such as meals and laundry, which are crucial for daily living.
The enriched services provided help residents maintain their housing and foster a sense of belonging within a caring community. This holistic approach not only assists individuals in overcoming immediate challenges but also empowers them to build a sustainable future. As a result, Compass Center Housing Development significantly contributes to the overall well-being of homeless individuals, facilitating their transition to self-sufficiency and enhancing the health of the broader community.
This information is meant to be a general summary of Compass Center Housing Development. 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: $319
- Program Service Revenue: $278,337
- Gross Receipts: $278,656
Assets and Liabilities:
- Total Assets: $14,124,362
- Total Liabilities: $5,653,547
- Net Assets: $8,470,815
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$275,517
TENANT FEES
Revenue
$2,820
Organization Details
Founding Year
1989
Phone
(206) 474-1000Principal Officer
Michael Bailey
Main Address
210 ALASKAN WAY S, SEATTLE, WA, 98104
NTEE Category
Code: L20Z - Housing
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