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Housing Northwest Inc & Subsidiaries

Housing Northwest Inc

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

EIN: 930578172 ✦ Portland, OR ✦ Designated as a 501(c)(3)

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Overview

What is Housing Northwest Inc & Subsidiaries?

Based in Portland, Oregon, Housing Northwest Inc & Subsidiaries is a nonprofit organization dedicated to providing affordable housing and supportive services for students, faculty, and staff at Portland State University, Portland Community College, Western Culinary Institute, and Pacific Northwest College of Arts. Their mission is to be the leading provider of student housing and supplementary services that foster student growth. With a team of 51 employees, they aim to enhance the educational experience by offering affordable housing solutions.


Official website here: www.chnw.org

What are the reviews and ratings of this charity?

Charity Navigator rating: 76%, Three-Star out of Four Star rating.

Housing Northwest Inc & Subsidiaries has received a Three-Star rating from Charity Navigator, indicating a reasonably strong performance in accountability and finance. The organization boasts a fully independent board of directors and has been recognized for its robust financial oversight, with no reported material diversion of assets. The charity demonstrates transparency by making essential documents, such as board meeting minutes and conflict of interest policies, readily available.

However, the organization faces some challenges, particularly concerning its fundraising efficiency, which is noted as $0.00. Additionally, its program expense ratio stands at 75.47%, reflecting a significant portion of its budget directed towards programming, but there is a considerable liabilities to assets ratio at 71.52%, which may raise concerns about financial sustainability. Overall, while Housing Northwest Inc & Subsidiaries shows strengths in governance and transparency, it may need to address its fundraising strategies and debt management to improve its overall financial health.


This AI summary has been generated from information found on Charity Navigator.

Is Housing Northwest Inc & Subsidiaries legitimate?

Housing Northwest Inc & Subsidiaries is a legitimate nonprofit organization registered as a 501(c)(3) entity. Housing Northwest Inc & Subsidiaries 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: $371,842
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,426,372

For more financial information, click here


Official website here: www.chnw.org

What is the mission statement of Housing Northwest Inc & Subsidiaries?

Housing Northwest Inc & Subsidiaries aims to be the leading provider of affordable student housing and supportive services that foster student development. Through its operations, the organization offers housing and associated services to students, faculty, and staff of various educational institutions, including Portland State University, Portland Community College, Western Culinary Institute, and Pacific Northwest College of Arts. The mission is to enhance the student experience by offering affordable housing solutions accompanied by essential supportive services.


Official website here: www.chnw.org

Who is the CEO of Housing Northwest Inc & Subsidiaries?

David Garnand is the Board President of Housing Northwest Inc & Subsidiaries.


Official website here: www.chnw.org

What is the revenue of Housing Northwest Inc & Subsidiaries?

Housing Northwest Inc & Subsidiaries's revenue in 2022 was $12,144,039.


Official website here: www.chnw.org

Who are the executives of Housing Northwest Inc & Subsidiaries and what are their salaries?

The average compensation at Housing Northwest Inc & Subsidiaries during 2022 was $35,259. There are 51 employees and 8 volunteers at Housing Northwest Inc & Subsidiaries.


Here are 10 key members and their salaries:


Jim Radar (Board President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Mccrae (Board Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Magnuson (Board Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Rosales (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tenisha Tevis (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eva Park (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Benjamin Michaud (Board Member (07/01/21 - 03/31/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Hollis Kinner (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Garnand (Executive Director)
  • Compensation: $240,580
  • Related: $0
  • Other: $18,139
Steve Davies (Chief Financial Officer)
  • Compensation: $128,276
  • Related: $0
  • Other: $11,433


Official website here: www.chnw.org

Where can I find the form 990 for Housing Northwest Inc & Subsidiaries?

Housing Northwest Inc & Subsidiaries's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.chnw.org

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

Mission Statement of Housing Northwest Inc & Subsidiaries

Housing Northwest Inc & Subsidiaries is a leading provider of affordable student housing and supportive services, dedicated to enhancing student development. The organization's mission is twofold: first, to offer affordable housing solutions to students, faculty, and staff of Portland State University, Portland Community College, Western Culinary Institute, and Pacific Northwest College of Arts; and second, to deliver services that contribute to the overall growth and well-being of these students.

By providing affordable housing, Housing Northwest Inc & Subsidiaries ensures that students have one less financial burden to carry during their academic journey. Beyond just a roof over their heads, the organization's supportive services are designed to foster an environment conducive to student success. These services may include resources for academic and personal growth, as well as opportunities for engagement within the college community.

The organization's commitment to student development goes beyond the mere provision of housing and related services. Housing Northwest Inc & Subsidiaries strives to create a vibrant, inclusive community where students can thrive and reach their full potential. The organization's team members are passionate about supporting students on their academic and personal journeys, and they work tirelessly to ensure that every resident feels welcome, valued, and empowered to succeed.

In summary, Housing Northwest Inc & Subsidiaries is a mission-driven organization that is dedicated to being the premier provider of affordable student housing and supportive services. By offering housing solutions that are both affordable and conducive to student development, the organization sets the stage for students to excel academically and personally. Through its inclusive community and comprehensive support services, Housing Northwest Inc & Subsidiaries empowers students to reach their full potential and make the most of their college experience.

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Impact




October, 2024

Housing Northwest Inc & Subsidiaries has a significant impact on the educational landscape in Portland, Oregon, by providing affordable housing and vital supportive services. By catering specifically to students, faculty, and staff of institutions such as Portland State University, Portland Community College, Western Culinary Institute, and Pacific Northwest College of Arts, it helps alleviate the financial burden associated with housing, allowing individuals to focus more on their academic and professional pursuits.

The organization fosters a supportive environment that enhances student development through various related services. This commitment to affordable housing not only contributes to the well-being and success of students but also strengthens the academic community as a whole. By ensuring that educational stakeholders have access to safe and affordable living conditions, Housing Northwest Inc & Subsidiaries plays a crucial role in promoting educational accessibility and sustainability in the region.




This information is meant to be a general summary of Housing Northwest Inc & Subsidiaries. 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
$12,144,039 (2022)
Expenses
$8,220,294 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$664,183
  • Program Service Revenue: $6,673,587
  • Gross Receipts: $12,984,979

Assets and Liabilities:

  • Total Assets: $72,196,304
  • Total Liabilities: $51,871,927
  • Net Assets: $20,324,377

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Programs

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

COLLEGE HOUSING RENT

Revenue

$6,506,338

COLLEGE HOUSING MGMT

Revenue

$107,241

VENDING REVENUE

Revenue

$35,281

OTHER HOUSING FEES

Revenue

$24,727

Organization Details

Founding Year

1969

Principal Officer

David Garnand

Main Address

200 SW MARKET ST 575, PORTLAND, OR, 97201

NTEE Category

Code: B110 - Education

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