Downtown Action To Save Housing

Dash

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

EIN: 943155152 ✦ Bellevue, WA ✦ Designated as a 501(c)(3)

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Overview

What is Downtown Action To Save Housing?

Downtown Action To Save Housing, or DASH, is a Washington-based nonprofit organization located at 1980 112th Avenue NE 210, Bellevue, WA, 98004. DASH is dedicated to providing affordable housing for low- to modest-income families and seniors. Through its mission, DASH aims to create and preserve communities catering to different income levels, focusing on financial advancement and sustainability for individuals and families. DASH's endeavors revolve around the goal of improving living conditions and securing a stable future for those in need.


Official website here: www.circliving.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 80% (Three-Star out of Four Star rating)

Downtown Action To Save Housing has received an 80% score from Charity Navigator, indicating a strong performance in terms of accountability and finance. The organization has a majority of independent board members, ensuring a level of governance that is both transparent and effective. Additionally, it has implemented key policies related to conflict of interest and whistleblowing, which further enhance its operational integrity.

The charity's program expense ratio stands at 69.19%, reflecting its commitment to allocating a substantial portion of its resources towards its mission-driven activities. However, it did face a setback with a liabilities to assets ratio of 79.68%, which indicates potential concerns regarding its financial stability. Addressing this issue could enhance overall trust and confidence among stakeholders.

While the nonprofit has demonstrated solid governance practices and a focus on program expenses, the highlighted financial leverage may warrant closer scrutiny. Overall, Downtown Action To Save Housing appears committed to its mission, but stakeholders should remain aware of the financial dynamics at play.


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

Is Downtown Action To Save Housing legitimate?

Downtown Action To Save Housing is a legitimate nonprofit organization registered as a 501(c)(3) entity. Downtown Action To Save 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: $3,154,377

For more financial information, click here


Official website here: www.circliving.org

What is the mission statement of Downtown Action To Save Housing?

Downtown Action To Save Housing is dedicated to creating and preserving affordable communities for individuals and families across various income levels. Their ultimate objective is to foster financial advancement and sustainability. By providing affordable housing, they aim to make a positive impact on the lives of low-to-modest income families and seniors. Their mission prioritizes the stability and well-being of residents, ensuring they have access to safe and affordable living situations. Through their commitment to affordable housing, Downtown Action To Save Housing contributes to the economic and social development of communities.


Official website here: www.circliving.org

Who is the CEO of Downtown Action To Save Housing?

Torsten Hirche is the President & Ceo of Downtown Action To Save Housing. The CEO's salary of Downtown Action To Save Housing is $0 and their total compensation is $973,887.


Official website here: www.circliving.org

What is the revenue of Downtown Action To Save Housing?

Downtown Action To Save Housing's revenue in 2022 was $12,099,731.


Official website here: www.circliving.org

Who are the executives of Downtown Action To Save Housing and what are their salaries?

There 10 volunteers at Downtown Action To Save Housing.


Here are 14 key members and their salaries (Downtown Action To Save Housing's CEO's salary is $0 and their total compensation is $973,887):


Torsten Hirche (President & Ceo)
  • Compensation: $0
  • Related: $950,207
  • Other: $23,680
Michael Connell (Treasurer & Cfo)
  • Compensation: $0
  • Related: $931,475
  • Other: $7,938
Kim Loveall Price (Vp Community Development)
  • Compensation: $0
  • Related: $309,004
  • Other: $20,645
Michele Luke (Secretary)
  • Compensation: $0
  • Related: $110,214
  • Other: $1,232
Scott Lumsden (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Wagner (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jesse Bond (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cathy Danigelis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Iwanski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Melhorn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karin Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Nelson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barb Bennett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Russell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.circliving.org

Where can I find the form 990 for Downtown Action To Save Housing?

Downtown Action To Save Housing's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.circliving.org

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

Mission Statement of Downtown Action To Save Housing

Downtown Action To Save Housing, or DASH, is a dedicated nonprofit organization with a mission to create and preserve affordable communities for individuals and families across various income levels. By focusing on financial advancement and sustainability, DASH strives to empower residents to build stable lives.

In practice, DASH works tirelessly to provide affordable housing opportunities for low to modest income families and seniors. This commitment extends beyond simply offering shelter, as the organization is deeply invested in the long-term wellbeing of its residents. Through its efforts, DASH aims to foster thriving, sustainable communities where individuals and families can grow and prosper.

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Impact




October, 2024

Downtown Action To Save Housing has a significant impact on the community by creating and preserving affordable housing options for low to modest income families and seniors. This initiative not only addresses the immediate need for accessible housing but also fosters financial advancement and sustainability for individuals and families. By ensuring that housing is affordable across a variety of income levels, the organization contributes to the stability and well-being of the Bellevue community, helping residents achieve a better quality of life and greater economic security.




This information is meant to be a general summary of Downtown Action To Save 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.

Revenue
$12,099,731 (2022)
Expenses
$10,402,692 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $242,557
  • Program Service Revenue: $8,829,742
  • Gross Receipts: $12,099,731

Assets and Liabilities:

  • Total Assets: $53,960,602
  • Total Liabilities: $42,996,394
  • Net Assets: $10,964,208

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Programs

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

RENTAL INCOME

Revenue

$8,648,585

ASSET MANAGEMENT FEES

Revenue

$181,157

Organization Details

Founding Year

1991

Principal Officer

Torsten Hirche

Main Address

1980 112TH AVENUE NE 210, BELLEVUE, WA, 98004

NTEE Category

Code: Z99Z - Unknown

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