Overview
What is Imagine Housing?
Imagine Housing is a dedicated nonprofit organization situated in King County's Eastside. Their primary goal is to provide affordable housing and create inclusive communities, ultimately contributing to the prosperity of individuals and families. They accomplish this mission by developing long-term, reasonably priced rental housing and offering supportive services. By doing so, Imagine Housing offers a secure living space for many, enhancing their quality of life.
Official website here: www.imaginehousing.org
What are the reviews and ratings of this charity?
**Imagine Housing (EIN: 943110312)**
**Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars)**
Imagine Housing has received a Two-Star rating from Charity Navigator, indicating a need for improvement with an overall score of 68%. The charity demonstrates strengths in its Accountability & Finance, with a notable Program Expense Ratio of 79.64%, which points to a commitment to utilizing funds for direct services. However, significant concerns are raised due to a lack of independent board members and missing financial statements, which impacts its overall financial health and transparency.
On a positive note, the organization's Culture & Community score is high at 93%, reflecting strong constituent feedback and effective practices in collecting and utilizing feedback. This suggests that Imagine Housing values the opinions and experiences of those it serves, which can be critical in adapting services effectively. Moreover, the organization has evidenced its adaptability and leadership investment by responding to external changes effectively over the past year.
Despite these strengths, the charity must address its deficiencies in financial reporting and governance structures to enhance its accountability. Building metrics on impact and improving the overall transparency of financial documents will be important steps toward greater trust from both stakeholders and the communities it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Imagine Housing legitimate?
Imagine Housing is a legitimate nonprofit organization registered as a 501(c)(3) entity. Imagine 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,747,133
For more financial information, click here
Official website here: www.imaginehousing.org
What is the mission statement of Imagine Housing?
Imagine Housing's mission is centered around developing affordable housing, constructing inclusive communities, and nurturing promising futures for individuals and families. The organization is actively working towards transforming living spaces into secure homes in King County's Eastside. Their primary goal is to provide a safe haven for people, thereby enabling them to build and sustain their lives.
Official website here: www.imaginehousing.org
What is the revenue of Imagine Housing?
Imagine Housing's revenue in 2023 was $9,068,385.
Official website here: www.imaginehousing.org
Who are the executives of Imagine Housing and what are their salaries?
The average compensation at Imagine Housing during 2023 was $87,143. There are 43 employees at Imagine Housing.
Here are 16 key members and their salaries:
- Compensation: $182,740
- Related: $20,000
- Other: $0
- Compensation: $156,123
- Related: $0
- Other: $0
- Compensation: $138,065
- Related: $0
- Other: $0
- Compensation: $107,959
- Related: $2,132
- Other: $0
- Compensation: $103,883
- Related: $0
- Other: $0
- Compensation: $75,831
- Related: $7,692
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.imaginehousing.org
Where can I find the form 990 for Imagine Housing?
Imagine Housing's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.imaginehousing.org
Learn more at the official website: www.imaginehousing.org
Mission Statement of Imagine Housing
Imagine Housing is dedicated to a mission of creating affordable rental housing and providing supportive services. Their aim is to develop affordable housing, establish welcoming communities, and foster promising futures for individuals and families. By transforming King County's Eastside, Imagine Housing offers a safe haven where people can establish a stable home.
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Impact
July, 2024
Imagine Housing's impact is significant in transforming King County's Eastside by developing permanent affordable rental housing and providing supportive services. They give individuals and families a safe place to call home, ultimately contributing to the creation of welcoming communities and fostering vibrant futures for those in need in Bellevue, WA.
This information is meant to be a general summary of Imagine 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 2023.
- Investment Income: $17,701
- Program Service Revenue: $6,221,660
- Gross Receipts: $9,192,804
Assets and Liabilities:
- Total Assets: $49,645,870
- Total Liabilities: $30,037,268
- Net Assets: $19,608,602
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$5,189,768
CASE MANAGEMENT
Revenue
$582,723
OTHER TENANT REVENUE
Revenue
$449,169
Organization Details
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