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Intercommunity Housing Ferndale

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 911667138 ✦ Denver, CO ✦ Designated as a 501(c)(3)

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Overview

What is Intercommunity Housing Ferndale?

Intercommunity Housing Ferndale is a Washington-based nonprofit corporation, established in 1994. Its primary mission is to manage and operate a 30-unit apartment project in Ferndale, Washington. This project, known as Ferndale Square, provides housing, educational, and supportive services to low-income and disadvantaged individuals. The nonprofit aims to offer a safe and inclusive living environment, fostering a sense of community and empowerment among its residents. The project is regulated by the U.S. Department of Housing and Urban Development (HUD) to ensure affordable rents and proper management.


Official website here: www.mercyhousing.org

Is Intercommunity Housing Ferndale legitimate?

Intercommunity Housing Ferndale is a legitimate nonprofit organization registered as a 501(c)(3) entity. Intercommunity Housing Ferndale 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: $59,184

For more financial information, click here


Official website here: www.mercyhousing.org

What is the mission statement of Intercommunity Housing Ferndale?

Intercommunity Housing, as a non-profit organization, aims to provide housing, educational, and supportive services to individuals who are economically disadvantaged and homeless. The organization operates a 30-unit apartment project, serving this specific demographic, with a focus on promoting stability and self-sufficiency. By offering these vital resources, Intercommunity Housing aims to contribute to the betterment of its residents' lives. The organization's mission is to create an environment that fosters personal growth and independence, thereby enhancing the overall well-being of its residents.


Official website here: www.mercyhousing.org

Who is the CEO of Intercommunity Housing Ferndale?

Joseph Thompson is the President/Director of Intercommunity Housing Ferndale.


Official website here: www.mercyhousing.org

What is the revenue of Intercommunity Housing Ferndale?

Intercommunity Housing Ferndale's revenue in 2022 was $337,229.


Official website here: www.mercyhousing.org

Who are the executives of Intercommunity Housing Ferndale and what are their salaries?


Here are 5 key members and their salaries:


Colin Morgan-Cross (Vice President/Director)
  • Compensation: $0
  • Related: $163,550
  • Other: $10,385
Joseph Thompson (President/Director)
  • Compensation: $0
  • Related: $226,767
  • Other: $50,526
Sherif Azab (Vice President/Director)
  • Compensation: $0
  • Related: $93,499
  • Other: $412
Chad Payne (Treasurer)
  • Compensation: $0
  • Related: $189,811
  • Other: $4,240
Joseph Rosenblum (Secretary)
  • Compensation: $0
  • Related: $215,449
  • Other: $8,873


Official website here: www.mercyhousing.org

Where can I find the form 990 for Intercommunity Housing Ferndale?

Intercommunity Housing Ferndale's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mercyhousing.org

Learn more at the official website: www.mercyhousing.org

Mission Statement of Intercommunity Housing Ferndale

Intercommunity Housing Ferndale, established as a Washington non-stock, nonprofit corporation in 1994, is dedicated to providing housing, educational, and supportive services to low-income, disadvantaged, and homeless individuals. Its mission is to operate a 30-unit apartment project, located in an undisclosed location, which aims to offer a safe and nurturing environment for those in need. The organization's goal is to assist these individuals in rebuilding their lives and achieving self-sufficiency. It does this by providing necessary resources, such as education and support, to help them overcome the challenges they face. Intercommunity Housing Ferndale's mission is to make a positive impact in the lives of its residents, offering them a chance at a better future.

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Impact




October, 2024

Intercommunity Housing Ferndale significantly impacts the community by providing stable, affordable housing and a supportive environment for low-income and disadvantaged individuals and families. The 30-unit apartment complex in Ferndale, WA, known as Ferndale Square, offers not just shelter but also educational and supportive services tailored to meet the unique needs of its residents. This approach helps to alleviate homelessness and promote self-sufficiency among individuals who might otherwise struggle to find safe and affordable housing.

By integrating educational programs and support services with housing, Intercommunity Housing Ferndale empowers residents to improve their circumstances, fostering a sense of community and belonging. The focus on HUD-regulated rental practices ensures that affordability is maintained, allowing residents to allocate their limited resources toward other essential needs such as food, healthcare, and education. Overall, Intercommunity Housing Ferndale plays a crucial role in enhancing the quality of life for its residents and contributing positively to the community's social fabric.




This information is meant to be a general summary of Intercommunity Housing Ferndale. 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.

Revenue
$337,229 (2022)
Expenses
$392,114 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,067
  • Program Service Revenue: $152,805
  • Gross Receipts: $337,229

Assets and Liabilities:

  • Total Assets: $1,466,256
  • Total Liabilities: $899,220
  • Net Assets: $567,036

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

NET RENTAL REVENUE

Revenue

$144,121

OTHER REVENUE

Revenue

$6,128

ANCILLARY SERVICES

Revenue

$2,556

Organization Details

Founding Year

1994

Principal Officer

Joseph Thompson

Main Address

1600 BROADWAY SUITE 2000, DENVER, CO, 802025704

NTEE Category

Code: L21 - Housing

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