Silver Lake Senior Housing Association

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

EIN: 943041311 ✦ Everett, WA ✦ Designated as a 501(c)(3)

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Overview

What is Silver Lake Senior Housing Association?

The Silver Lake Senior Housing Association is a nonprofit organization situated in Everett, Washington. Its primary mission is to provide affordable housing for low-income elderly residents. They accomplish this by managing a 38-unit HUD Section 202 apartment building, offering subsidized rents to eligible tenants. The building itself is dedicated to housing 37 senior residents, ensuring that this vital demographic has access to safe and comfortable living accommodations. The association's endeavors contribute significantly to the community's overall well-being, addressing the critical need for senior housing.


Official website here: www.evha.org

Is Silver Lake Senior Housing Association legitimate?

Silver Lake Senior Housing Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Silver Lake Senior Housing Association 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: $85,163

For more financial information, click here


Official website here: www.evha.org

What is the mission statement of Silver Lake Senior Housing Association?

The Silver Lake Senior Housing Association is dedicated to providing housing solutions for low-income elderly individuals. This is achieved through the operation of a 38-unit HUD Section 202 apartment building, located in an undisclosed location, which offers rent subsidies. The association ensures that 37 units within the building are reserved exclusively for eligible tenants, thereby catering to their housing needs. The primary objective of the Silver Lake Senior Housing Association is to make affordable housing available for the elderly population, thereby enhancing their quality of life.


Official website here: www.evha.org

Who is the CEO of Silver Lake Senior Housing Association?

Carol Wheeler is the Executive Director of Silver Lake Senior Housing Association.


Official website here: www.evha.org

What is the revenue of Silver Lake Senior Housing Association?

Silver Lake Senior Housing Association's revenue in 2022 was $410,297.


Official website here: www.evha.org

Who are the executives of Silver Lake Senior Housing Association and what are their salaries?

There 6 volunteers at Silver Lake Senior Housing Association.


Here are 6 key members and their salaries:


Ashley Lommers-Johnson (Executive Director)
  • Compensation: $0
  • Related: $255,737
  • Other: $47,331
Carol Wheeler (President/Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chip Burgess (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Koren Smith (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Perez Jr (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Benjamin Young (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.evha.org

Where can I find the form 990 for Silver Lake Senior Housing Association?

Silver Lake Senior Housing Association's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.evha.org

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

Mission Statement of Silver Lake Senior Housing Association

Silver Lake Senior Housing Association is dedicated to providing housing solutions for low-income elderly individuals. They accomplish this by managing a 38-unit apartment building, funded by the HUD Section 202 program, which offers rent subsidies. The association ensures that 37 units within this building are exclusively reserved for eligible tenants, catering to their housing needs. The mission of Silver Lake Senior Housing Association is to offer a safe and affordable living environment for the elderly, thereby enhancing their quality of life and providing them with a sense of security and independence.

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Impact




October, 2024

Silver Lake Senior Housing Association significantly enhances the quality of life for low-income elderly residents in Everett, WA, by providing accessible and affordable housing solutions. The organization operates a 38-unit HUD Section 202 apartment building that offers crucial rent subsidies, which enables eligible tenants to secure stable living arrangements. With 37 of the units exclusively available for low-income elderly individuals, it addresses a vital need in the community, ensuring that seniors have a safe and supportive environment to thrive in their later years. By fostering a sense of community among residents and alleviating housing insecurity, Silver Lake Senior Housing Association plays a pivotal role in promoting dignity and well-being for its elderly population.




This information is meant to be a general summary of Silver Lake Senior Housing Association. 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
$410,297 (2022)
Expenses
$399,329 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $554
  • Program Service Revenue: $133,945
  • Gross Receipts: $410,297

Assets and Liabilities:

  • Total Assets: $1,300,326
  • Total Liabilities: $1,381,219
  • Net Assets: -$80,893

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Programs

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

TENANT RENT & RELATED

Revenue

$133,945

Organization Details

Founding Year

1987

Principal Officer

Carol Wheeler

Main Address

3107 COLBY AVENUE, EVERETT, WA, 98201

NTEE Category

Code: L22 - Housing

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