BELLWETHER HOUSING: Form 990, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- BELLWETHER HOUSING (EIN 91-1116960)
- Tax period
- 2018-01-01 to 2018-12-31
- Filed
- 2019-08-15
- IRS object ID
- 201912279349301141
- Schema version
- 2018v3.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule G
- Schedule J
- Schedule K
- Schedule L
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-08-15T12:19:57-05:00 | ReturnTs |
| Tax Period End | 2018-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 943108253 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NOVOGRADAC & COMPANY LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2033 N MAIN ST SUITE 400 | AddressLine1Txt |
| City | WALNUT CREEK | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94596 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2018-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 911116960 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BELLWETHER HOUSING | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BELL | BusinessNameControlTxt |
| Phone | 2066230506 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1651 BELLEVUE AVENUE | AddressLine1Txt |
| City | SEATTLE | CityNm |
| State Abbreviation | WA | StateAbbreviationCd |
| ZIP | 981222014 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JACQUELINE MENDEZ-HANSEN | PersonNm |
| Person Title | CHIEF FINANCIAL OFFICER | PersonTitleTxt |
| Phone | 2066230506 | PhoneNum |
| Signature | 2019-08-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ERIC M BARNETT | PreparerPersonNm |
| PTIN | P01433887 | PTIN |
| Phone | 9259494300 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 50.206.196.254 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2019-08-15 | IPDt |
| IP Tm | 10:13:36 | IPTm |
| IP Timezone | PD | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 89F1A76700EA065CFF50D0E8DC87602FC482CDFE | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 89F1A76700EA065CFF50D0E8DC87602FC482CDFE | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2019-02-21 02:37:17Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | SUSAN BOYD | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1651 BELLEVUE AVENUE | AddressLine1Txt |
| City | SEATTLE | CityNm |
| State Abbreviation | WA | StateAbbreviationCd |
| ZIP | 981222014 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $46,361,966 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.BELLWETHERHOUSING.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1980 | FormationYr |
| Legal Domicile State | WA | LegalDomicileStateCd |
| Activity Or Mission | FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:WE ENVISION DIVERSE COMMUNITIES WHERE PEOPLE OF ALL INCOMES AND BACKGROUNDS SHARE IN THE OPPORTUNITY AND PROSPERITY OF OUR REGION.BELLWETHER HOUSING CREATES STABLE COMMUNITIES AND ACCESS TO OPPORTUNITYTHROUGH AFFORDABLE HOUSING. WE DEVELOP AND MANAGE HOMES FOR PEOPLEWITH LIMITED INCOMES NEAR JOB CENTERS, TRANSIT, AND SERVICES. WEAMPLIFY OUR IMPACT BY HELPING OTHER ORGANIZATIONS IN THE PUGET SOUNDREGION DO THE SAME. | ActivityOrMissionDesc |
| Voting Members Governing Body | 15 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 15 | VotingMembersIndependentCnt |
| Total Employee | 152 | TotalEmployeeCnt |
| Total Volunteers | 25 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $3,934,098 | PYContributionsGrantsAmt |
| CY Contributions Grants | $4,089,342 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $17,329,062 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $18,532,774 | CYProgramServiceRevenueAmt |
| PY Investment Income | $254,713 | PYInvestmentIncomeAmt |
| CY Investment Income | $362,224 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,306,978 | PYOtherRevenueAmt |
| CY Other Revenue | $23,316,772 | CYOtherRevenueAmt |
| PY Total Revenue | $22,824,851 | PYTotalRevenueAmt |
| CY Total Revenue | $46,301,112 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $6,388,464 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $7,737,163 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $297,345 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $10,173,848 | PYOtherExpensesAmt |
| CY Other Expenses | $11,653,979 | CYOtherExpensesAmt |
| PY Total Expenses | $16,562,312 | PYTotalExpensesAmt |
| CY Total Expenses | $19,391,142 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $6,262,539 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $26,909,970 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $125,010,276 | TotalAssetsBOYAmt |
| Total Assets EOY | $164,817,375 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $65,003,828 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $79,286,115 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $60,006,448 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $85,531,260 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | SEE SCHEDULE O | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Desc | SEE SCHEDULE O | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $13,836,238 | ExpenseAmt |
| Revenue | $11,826,080 | RevenueAmt |
| Desc | SEE SCHEDULE O | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $2,366,160 | ExpenseAmt |
| Revenue | $6,282,755 | RevenueAmt |
| Desc | SEE SCHEDULE O | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $450,866 | ExpenseAmt |
| Revenue | $423,939 | RevenueAmt |
| Desc | BELLWETHER HOUSING PROVIDES FEE-BASED TECHNICAL ASSISTANCE TO HELPOTHER NON-PROFITS CREATE AFFORDABLE HOUSING FOR THEIR RESPECTIVE MARKETS.SERVICES INCLUDE CONSULTING IN THE AREAS OF DEVELOPMENT, PROPERTYMANAGEMENT AND ASSET MANAGEMENT. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $450,866 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Revenue | $423,939 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $16,653,264 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | Yes (1) | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | Yes (1) | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | 0 | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 116 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 152 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 15 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 15 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | Yes (1) | InvestmentInJointVentureInd |
| Written Policy Or Procedure | Yes (1) | WrittenPolicyOrProcedureInd |
| States Where Copy Of Return Is Fld | WA | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JACQUELINE MENDEZ-HANSEN CHIEF FINANCIAL OFFICER | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2066230506 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1651 BELLEVUE AVENUE | AddressLine1Txt |
| City | SEATTLE | CityNm |
| State Abbreviation | WA | StateAbbreviationCd |
| ZIP | 98122 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (23 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| GABRIEL GRANT | ||||||||
| CHAIR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| DEVA HASSON | ||||||||
| VICE- CHAIR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| DUANE LEONARD | ||||||||
| TREASURER | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| JOHN BLISS | ||||||||
| SECRETARY | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| HARRY MATSUMOTO | ||||||||
| DIRECTOR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| BART CIMA | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MARNI WRIGHT | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| RICHARD KENDALL | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| REBEKAH BASTIAN | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| TIM OVERLAND | ||||||||
| FORMER DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| TEJAL PASTAKIA | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| SHELLY CROCKER | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| PETER LARSEN | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| PETER NITZE | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| RHONDA SMITH-BANCHERO | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| PETE MILLER | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| SUSAN BOYD | ||||||||
| CHIEF EXECUTIVE OFFICER | 40.00 | $214,012 | $0 | $29,968 | Yes (X) | |||
| CHERYL DEBOISE | ||||||||
| CHIEF OPERATING OFFICER | 40.00 | $182,162 | $0 | $13,193 | Yes (X) | |||
| SUSAN SELMAN | ||||||||
| DIRECTOR OF PROPERTY MANAGEMENT | 40.00 | $161,962 | $0 | $20,623 | Yes (X) | |||
| RICHARD LOO | ||||||||
| DIRECTOR OF REAL ESTATE DEV | 40.00 | $132,962 | $0 | $10,033 | Yes (X) | |||
| LORI DORN | ||||||||
| CONTROLLER | 40.00 | $121,930 | $0 | $18,143 | Yes (X) | |||
| AMY BESUNDER | ||||||||
| DIRECTOR OF FUND-RAISING | 40.00 | $117,415 | $0 | $20,406 | Yes (X) | |||
| MICHELLE HAWLEY | ||||||||
| DEPUTY DIR OF PROPERTY MGMT | 40.00 | $109,995 | $0 | $17,407 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,040,438 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $129,773 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 8 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| RAFN COMPANY | |||||
| 1721-132ND AVE NE | BELLEVUE | WA | 980052224 | CONSTRUCTION SERVICES | $13,630,746 |
| WALSH CONTRUCTION CO | |||||
| 2905 SW FIRST AVE | PORTLAND | OR | 97201 | CONSTRUCTION SERVICES | $5,277,073 |
| AMERICAN DRAPERY | |||||
| P O BOX 896 | RENTON | WA | 89057 | CARPET & BLINDS INTALLATION | $272,213 |
| THYSSENKRUPP ELEVATOR CORP | |||||
| PO BOX 1000 | MEMPHIS | TN | 981480228 | ELEVATOR MAINTENANCE | $261,795 |
| MACDONALD-MILLER SOLUTIONS | |||||
| PO BOX 47983 | SEATTLE | WA | 98146 | FACILITY SERVICES | $247,047 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 15 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $275,602 | FundraisingAmt |
| Government Grants | $3,401,991 | GovernmentGrantsAmt |
| All Other Contributions | $411,749 | AllOtherContributionsAmt |
| Noncash Contributions | $2,270 | NoncashContributionsAmt |
| Total Contributions | $4,089,342 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| RENTAL OPERATIONS | 531310 | $11,826,080 | $11,826,080 |
| DEVELOPMENT FEES | 531310 | $4,518,557 | $4,518,557 |
| INTEREST ON ADVANCES | 531310 | $910,297 | $910,297 |
| PROPERTY MANAGEMENT | 531310 | $840,089 | $840,089 |
| CONSULTING FEES | 531310 | $423,938 | $423,938 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $13,813 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $13,813 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $18,532,774 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $362,224 | TotalRevenueColumnAmt |
| Exclusion | $362,224 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $0 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $275,602 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $60,854 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$60,854 | TotalRevenueColumnAmt |
| Exclusion | -$60,854 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| GAIN ON SALE OF PROPERTY | 900099 | $23,362,345 | $23,362,345 |
| GAIN ON INVESTMENTS | 900099 | $15,996 | $15,996 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$715 | TotalRevenueColumnAmt |
| Exclusion | -$715 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $23,377,626 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $46,301,112 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $18,532,774 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $23,678,996 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $439,335 | TotalAmt |
| Program Services | $298,748 | ProgramServicesAmt |
| Management And General | $127,407 | ManagementAndGeneralAmt |
| Fundraising | $13,180 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,618,881 | TotalAmt |
| Program Services | $4,342,339 | ProgramServicesAmt |
| Management And General | $1,148,183 | ManagementAndGeneralAmt |
| Fundraising | $128,359 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $87,770 | TotalAmt |
| Program Services | $87,770 | ProgramServicesAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,072,260 | TotalAmt |
| Program Services | $906,464 | ProgramServicesAmt |
| Management And General | $137,370 | ManagementAndGeneralAmt |
| Fundraising | $28,426 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $518,917 | TotalAmt |
| Program Services | $418,181 | ProgramServicesAmt |
| Management And General | $90,969 | ManagementAndGeneralAmt |
| Fundraising | $9,767 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $531,987 | TotalAmt |
| Program Services | $113,369 | ProgramServicesAmt |
| Management And General | $413,918 | ManagementAndGeneralAmt |
| Fundraising | $4,700 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,864 | TotalAmt |
| Program Services | $10,864 | ProgramServicesAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,538 | TotalAmt |
| Management And General | $19,538 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,271 | TotalAmt |
| Program Services | $10,444 | ProgramServicesAmt |
| Management And General | $10,817 | ManagementAndGeneralAmt |
| Fundraising | $10 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $666,415 | TotalAmt |
| Program Services | $269,100 | ProgramServicesAmt |
| Management And General | $373,791 | ManagementAndGeneralAmt |
| Fundraising | $23,524 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,414,810 | TotalAmt |
| Program Services | $7,371,901 | ProgramServicesAmt |
| Management And General | $42,285 | ManagementAndGeneralAmt |
| Fundraising | $624 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $48,509 | TotalAmt |
| Program Services | $42,482 | ProgramServicesAmt |
| Management And General | $5,345 | ManagementAndGeneralAmt |
| Fundraising | $682 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $84,417 | TotalAmt |
| Program Services | $32,440 | ProgramServicesAmt |
| Management And General | $48,288 | ManagementAndGeneralAmt |
| Fundraising | $3,689 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $245,552 | TotalAmt |
| Program Services | $166,645 | ProgramServicesAmt |
| Management And General | $327 | ManagementAndGeneralAmt |
| Fundraising | $78,580 | FundraisingAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $62,192 | TotalAmt |
| Program Services | $62,192 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,492,677 | TotalAmt |
| Program Services | $2,476,215 | ProgramServicesAmt |
| Management And General | $13,621 | ManagementAndGeneralAmt |
| Fundraising | $2,841 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,659 | TotalAmt |
| Program Services | $28,635 | ProgramServicesAmt |
| Management And General | $4,157 | ManagementAndGeneralAmt |
| Fundraising | $867 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| WRITE-OFFS | $9,281 | $9,281 | ||
| OTHER MISC EXPENSES | $5,199 | $2,188 | $2,571 | $440 |
| LICENSES & FEES | $3,850 | $1,854 | $1,946 | $50 |
| PROGRAM EXPENSES | $3,758 | $2,152 | $1,606 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,391,142 | TotalAmt |
| Program Services | $16,653,264 | ProgramServicesAmt |
| Management And General | $2,440,533 | ManagementAndGeneralAmt |
| Fundraising | $297,345 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $771,727 | BOYAmt |
| EOY | $1,764,922 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $555,180 | BOYAmt |
| EOY | $1,103,626 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $46,356,899 | BOYAmt |
| EOY | $49,667,125 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $255,638 | BOYAmt |
| EOY | $406,141 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $101,943,080 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $33,237,740 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $55,236,135 | BOYAmt |
| EOY | $68,705,340 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,441,005 | BOYAmt |
| EOY | $42,107,756 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $393,692 | BOYAmt |
| EOY | $1,062,465 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $125,010,276 | BOYAmt |
| EOY | $164,817,375 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,240,692 | BOYAmt |
| EOY | $1,445,389 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $434,000 | BOYAmt |
| EOY | $434,000 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $61,345,729 | BOYAmt |
| EOY | $75,621,375 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,983,407 | BOYAmt |
| EOY | $1,785,351 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $65,003,828 | BOYAmt |
| EOY | $79,286,115 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $59,674,818 | BOYAmt |
| EOY | $85,233,087 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $331,630 | BOYAmt |
| EOY | $298,173 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $60,006,448 | BOYAmt |
| EOY | $85,531,260 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $125,010,276 | BOYAmt |
| EOY | $164,817,375 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $26,909,970 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$1,385,158 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,374,759 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,967,746 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,621,047 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,862,760 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,089,342 | CurrentTaxYearAmt |
| Total | $19,915,654 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,374,759 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,967,746 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,621,047 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,862,760 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,089,342 | CurrentTaxYearAmt |
| Total | $19,915,654 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $19,915,654 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $37,360 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $39,989 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $190,152 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $254,713 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $362,224 | CurrentTaxYearAmt |
| Total | $884,438 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | -$17,453 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | -$21,099 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | -$23,179 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $0 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,366 | CurrentTaxYearAmt |
| Total | -$59,365 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | -$167,814 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | -$553,914 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | -$256 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | -$531 | CurrentTaxYearMinus1YearAmt |
| Total | -$722,515 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $20,018,212 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $76,757,274 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.99490 | PublicSupportCY170Pct |
| Public Support PY170 | 0.98330 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $16,919,053 | OtherCostOrOtherBasisAmt |
| Book Value | $16,919,053 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $85,024,027 | OtherCostOrOtherBasisAmt |
| Depreciation | $33,237,740 | DepreciationAmt |
| Book Value | $51,786,287 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $68,705,340 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp (6 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| BUILDING RESERVES | $7,611,697 | C |
| INVESTMENT IN OPERATING PARTNERSHIPS | $1,127,304 | C |
| ADMINISTRATIVE OPERATING RESERVES | $2,759,684 | C |
| POOLED REPLACEMENT RESERVES | $1,959,959 | C |
| IMPACT INVESTMENT RESERVE | $913,076 | C |
| OPPORTUNITY FUND | $27,736,036 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $42,107,756 | TotalBookValueProgramRltdAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| TENANT SECURITY DEPOSITS | $504,535 |
| DEFERRED INTEREST PAYABLE | $1,185,851 |
| SHORT TERM NOTES PAYABLE | $94,965 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,785,351 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | BELLWETHER HOUSING IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND STATE INCOME TAX AND HAS BEEN CLASSIFIED AS OTHER THAN A PRIVATE FOUNDATION. INCOME TAXES ON PARTNERSHIP AND LLC INCOME ARE LEVIED ON THE PARTNERS AND MEMBERS IN THEIR INDIVIDUAL CAPACITY. ACCORDINGLY, ALL PROFITS AND LOSSES OF THE PARTNERSHIPS AND LLCS ARE RECOGNIZED BY EACH PARTNER AND MEMBER ON ITS RESPECTIVE TAX RETURN. |
| PART VIII, LINE 5, INVESTMENTS PROGRAM RELATED: | ADMINISTRATIVE OPERATING RESERVE THE ADMINISTRATIVE OPERATING RESERVE WAS ESTABLISHED TO SUPPORT SHORT-TERM DEFICITS IN THE EVENT OF UNFORESEEN CIRCUMSTANCES. BELLWETHER HAS SET AN INTERNAL TARGET OF 4 TO 6 MONTHS OF OPERATING EXPENDITURES. |
| PART VIII, LINE 7, INVESTMENTS PROGRAM RELATED: | POOLED REPLACEMENT RESERVES THE POOLED REPLACEMENT RESERVE FUND WAS ESTABLISHED TO SUPPLEMENT THE REQUIRED REPLACEMENT RESERVES HELD BY EACH BUILDING. THE POOLED REPLACEMENT RESERVE SHALL BE USED WHEN THE REQUIRED BUILDING LEVEL RESERVES ARE INSUFFICIENT TO COVER EMERGENT REPAIRS AND REPLACEMENT NEEDS. |
| PART VIII, LINE 8, INVESTMENTS PROGRAM RELATED: | IMPACT INVESTMENT RESERVES THE IMPACT INVESTMENT RESERVES SERVE AS AN INTERNAL 'DEBT SINKING FUND' TO SUPPORT THOSE PRIVATE INVESTOR LOANS MADE TO THE ORGANIZATION AT THEIR MATURITY DATE; PROVIDED THOSE LOANS ARE NOT REFINANCED. |
| PART VIII, LINE 9, INVESTMENTS PROGRAM RELATED: | OPPORTUNITY FUND THE OPPORTUNITY FUND SERVES TO PROVIDE LEVERAGE TO STRENGTHEN BELLWETHER'S ABILITY TO BORROW CAPITAL FROM THIRD PARTIES THAT WOULD FURTHER THE MISSION OF BELLWETHER HOUSING. PROVIDED THAT BELLWETHER'S LIQUIDITY REMAINS SUFFICIENT TO MAINTAIN ITS DESIRED BORROWING CAPACITY, THE CEO MAY DETERMINE THAT AN EFFECTIVE USE OF THIS FUND MAY BE TO PROVIDE SHORT, MID, OR LONG-TERM FINANCING OF ACQUISITION AND DEVELOPMENT COSTS THAT SUPPORT THE CREATION OF AFFORDABLE HOUSING. |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | Yes (X) | MailSolicitationsInd |
| Email Solicitations | Yes (X) | EmailSolicitationsInd |
| Phone Solicitations | Yes (X) | PhoneSolicitationsInd |
| In Person Solicitations | Yes (X) | InPersonSolicitationsInd |
| Solicitation Of Non Govt Grants | Yes (X) | SolicitationOfNonGovtGrantsInd |
| Solicitation Of Govt Grants | Yes (X) | SolicitationOfGovtGrantsInd |
| Special Fundraising Events | Yes (X) | SpecialFundraisingEventsInd |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | FUNDRAISING BREAKFAST | Event1Nm |
| Gross Receipts Event1 | $275,602 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $275,602 | CharitableContriEvent1Amt |
| Other Direct Expenses Event1 | $60,854 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $275,602 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $275,602 | CharitableContributionsTotAmt |
| Oth Direct Expnss Total Events | $60,854 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $60,854 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$60,854 | NetIncomeSummaryAmt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SUSAN BOYD | ||||||||||||||
| CHIEF EXECUTIVE OFFICER | $214,012 | $0 | $0 | $0 | $0 | $0 | $13,923 | $0 | $16,045 | $0 | $243,980 | $0 | $0 | $0 |
| CHERYL DEBOISE | ||||||||||||||
| CHIEF OPERATING OFFICER | $182,162 | $0 | $0 | $0 | $0 | $0 | $1,981 | $0 | $11,212 | $0 | $195,355 | $0 | $0 | $0 |
| SUSAN SELMAN | ||||||||||||||
| DIRECTOR OF PROPERTY MANAGEMENT | $161,962 | $0 | $0 | $0 | $0 | $0 | $11,033 | $0 | $9,590 | $0 | $182,585 | $0 | $0 | $0 |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (3 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd | CUSIPCUSIPNum |
|---|---|---|---|---|---|---|---|---|
| SEATTLE HOUSING AUTHORITY | ||||||||
| A | 916000977 | 2007-02-01 | $2,800,000 | OLIVE TOWER LOW INCOME HOUSING | 0 | 0 | 0 | |
| SEATTLE HOUSING AUTHORITY | ||||||||
| B | 916000977 | 2007-10-01 | $2,640,000 | OREGON LOW INCOME HOUSING | 0 | 0 | 0 | |
| SEATTLE HOUSING AUTHORITY | ||||||||
| C | 916000977 | 2007-11-07 | $4,000,000 | CASA PACIFICA LOW INCOME HOUSING | 0 | 0 | 0 | 812636JP4 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)
| Bond ReferenceBondReferenceCd | Total ProceedsTotalProceedsAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Capital ExpendituresCapitalExpendituresAmt | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|---|---|---|
| A | $2,800,000 | $70,000 | $2,730,000 | 0 | 0 | Yes (1) | Yes (1) |
| B | $2,640,000 | $10,000 | $2,630,000 | 0 | 0 | Yes (1) | Yes (1) |
| C | $4,000,000 | $80,000 | $3,920,000 | 0 | 0 | Yes (1) | Yes (1) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (3 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|
| A | Yes (1) | 0 | 0 | 0 | 0 | 0 | 0 |
| B | Yes (1) | 0 | 0 | 0 | 0 | 0 | 0 |
| C | Yes (1) | 0 | 0 | 0 | 0 | 0 | 0 |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (3 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| C | 0 | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | 0 |
Schedule L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp (30 entries)
| Relationship With OrgRelationshipWithOrgTxt | Loan PurposeLoanPurposeTxt | Loan To OrganizationLoanToOrganizationInd | Original PrincipalOriginalPrincipalAmt | Balance DueBalanceDueAmt | DefaultDefaultInd | Board Or Committee ApprovalBoardOrCommitteeApprovalInd | Written AgreementWrittenAgreementInd |
|---|---|---|---|---|---|---|---|
| GABRIEL GRANT | |||||||
| BOARD MEMBER | IMPACT INVESTOR NOTES | Yes (X) | $10,000 | $10,000 | 0 | Yes (1) | Yes (1) |
| DOUG DALEY | |||||||
| FORMER BOARD MEMBER, FORMER EXECUTIVE DIRECTOR | IMPACT INVESTOR NOTES | Yes (X) | $5,000 | $5,000 | 0 | Yes (1) | Yes (1) |
| JOSE J QUINTANA | |||||||
| FORMER BOARD MEMBER | IMPACT INVESTOR NOTES | Yes (X) | $1,000 | $1,000 | 0 | Yes (1) | Yes (1) |
| BARTHOLOMEW CIMA | |||||||
| BOARD MEMBER | IMPACT INVESTOR NOTES | Yes (X) | $5,000 | $5,000 | 0 | Yes (1) | Yes (1) |
| SARAH LEWONTIN | |||||||
| FORMER EXECUTIVE DIRECTOR | IMPACT INVESTOR NOTES | Yes (X) | $15,000 | $15,000 | 0 | Yes (1) | Yes (1) |
| ROBERT DIPIETRAE | |||||||
| BOARD MEMBER | IMPACT INVESTOR NOTES | Yes (X) | $25,000 | $25,000 | 0 | Yes (1) | Yes (1) |
| TIMOTHY E OVERLAND | |||||||
| BOARD MEMBER | IMPACT INVESTOR NOTES | Yes (X) | $3,000 | $3,000 | 0 | Yes (1) | Yes (1) |
| CUP OF TEA LLC | |||||||
| THIS IS A FAMILY LLC MANAGED BY DEVA HASSON, BOARD MEMBER | IMPACT INVESTOR NOTES | Yes (X) | $10,000 | $10,000 | 0 | Yes (1) | Yes (1) |
| MARNI WRIGHT | |||||||
| BOARD MEMBER | IMPACT INVESTOR NOTES | Yes (X) | $5,000 | $5,000 | 0 | Yes (1) | Yes (1) |
| TEJAL PASTAKIA | |||||||
| BOARD MEMBER | IMPACT INVESTOR NOTES | Yes (X) | $10,000 | $10,000 | 0 | Yes (1) | Yes (1) |
| DONALD I KING | |||||||
| FORMER BOARD MEMBER | IMPACT INVESTOR NOTES | Yes (X) | $10,000 | $10,000 | 0 | Yes (1) | Yes (1) |
| KATHERINE KIM ANDERSON | |||||||
| CLOSE RELATIVE OF BOARD MEMBER | IMPACT INVESTOR NOTES | Yes (X) | $25,000 | $25,000 | 0 | Yes (1) | Yes (1) |
| SARAH R LEWONTIN | |||||||
| FORMER EXECUTIVE DIRECTOR | IMPACT INVESTOR NOTES | Yes (X) | $25,000 | $25,000 | 0 | Yes (1) | Yes (1) |
| GABRIEL GRANT | |||||||
| BOARD MEMBER | IMPACT INVESTOR NOTES | Yes (X) | $25,000 | $25,000 | 0 | Yes (1) | Yes (1) |
| BARBARA DINGFIELD | |||||||
| FORMER BOARD MEMBER | IMPACT INVESTOR NOTES | Yes (X) | $25,000 | $25,000 | 0 | Yes (1) | Yes (1) |
| TOM MARTINEAU | |||||||
| FORMER BOARD MEMBER | IMPACT INVESTOR NOTES | Yes (X) | $10,000 | $10,000 | 0 | Yes (1) | Yes (1) |
| CUP OF TEA LLC | |||||||
| FAMILY LLC MANAGED BY DEVA HASSON, BOARD MEMBER | IMPACT INVESTOR NOTES | Yes (X) | $10,000 | $10,000 | 0 | Yes (1) | Yes (1) |
| JOHN F BLISS | |||||||
| BOARD MEMBER | IMPACT INVESTOR NOTES | Yes (X) | $25,000 | $25,000 | 0 | Yes (1) | Yes (1) |
| MARLYS ERICKSON | |||||||
| FORMER CONTRACT EMPLOYEE | IMPACT INVESTOR NOTES | Yes (X) | $25,000 | $25,000 | 0 | Yes (1) | Yes (1) |
| SMR ARCHITECTS | |||||||
| VENDOR | IMPACT INVESTOR NOTES | Yes (X) | $25,000 | $25,000 | 0 | Yes (1) | Yes (1) |
| ROBERT DIPIETRAE | |||||||
| BOARD MEMBER | IMPACT INVESTOR NOTES | Yes (X) | $10,000 | $10,000 | 0 | Yes (1) | Yes (1) |
| VIRGINIA ANDERSON | |||||||
| FORMER EXECUTIVE DIRECTOR | IMPACT INVESTOR NOTES | Yes (X) | $25,000 | $25,000 | 0 | Yes (1) | Yes (1) |
| ALICE SHOBE | |||||||
| SERVED AS INTERIM ED | IMPACT INVESTOR NOTES | Yes (X) | $5,000 | $5,000 | 0 | Yes (1) | Yes (1) |
| MARNI WRIGHT | |||||||
| BOARD MEMBER | IMPACT INVESTOR NOTES | Yes (X) | $5,000 | $5,000 | 0 | Yes (1) | Yes (1) |
| BART CIMA | |||||||
| BOARD MEMBER | IMPACT INVESTOR NOTES | Yes (X) | $5,000 | $5,000 | 0 | Yes (1) | Yes (1) |
| KIMBERLY ORR | |||||||
| BOARD MEMBER | IMPACT INVESTOR NOTES | Yes (X) | $5,000 | $5,000 | 0 | Yes (1) | Yes (1) |
| QUENTIN KUHRAU | |||||||
| FORMER BOARD MEMBER | IMPACT INVESTOR NOTES | Yes (X) | $50,000 | $50,000 | 0 | Yes (1) | Yes (1) |
| JOSE QUINTANA | |||||||
| FORMER BOARD MEMBER | IMPACT INVESTOR NOTES | Yes (X) | $5,000 | $5,000 | 0 | Yes (1) | Yes (1) |
| PETER LARSEN | |||||||
| BOARD MEMBER | IMPACT INVESTOR NOTES | Yes (X) | $25,000 | $25,000 | 0 | Yes (1) | Yes (1) |
| HARRY MATSUMOTO | |||||||
| BOARD MEMBER | IMPACT INVESTOR NOTES | Yes (X) | $5,000 | $5,000 | 0 | Yes (1) | Yes (1) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $434,000 | TotalBalanceDueAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 4A, PROGRAM SERVICE ACCOMPLISHMENTS: | BELLWETHER HOUSING WAS FOUNDED IN 1980 BY THE DOWNTOWN BUSINESS COMMUNITY WITH A MISSION TO PROVIDE AFFORDABLE HOUSING OPTIONS FOR LOW-INCOME WORKERS TO LIVE CLOSE TO THEIR JOBS. TODAY, WE SERVE OVER 3200 RESIDENTS IN 2100 APARTMENTS. BY LOCATING OUR BUILDINGS NEAR WORKPLACES, SCHOOLS, CHILDCARE,AND OTHER AMENITIES, BELLWETHER PUTS GREATER OPPORTUNITY WITHIN REACH OF OUR RESIDENTS. THIS WAY, OUR RESIDENTS --FAMILIES EXITING HOMELESSNESS, INDEPENDENT SENIORS, IMMIGRANTS SEEKING OPPORTUNITY, PRESCHOOL TEACHERS AND SOCIAL WORKERS, AND YOUNG PEOPLE JUST STARTING OUT -- HAVE ACCESS TO THE BENEFITS AND PROSPERITY OF THEIR SURROUNDING COMMUNITIES AND, IN TURN, CULTIVATE A MORE VIBRANT AND EQUITABLE CITY. LOOKING FORWARD, BELLWETHER WILL CONTINUE TO INTEGRATE NEARLY 40 YEARS OF SUCCESS WITH NEW IDEAS AND PIONEERING DEVELOPMENT APPROACHES. AS KING COUNTY CONTINUES TO EXPERIENCE UNPRECEDENTED JOB GROWTH, HOUSING SHORTAGES, AND INCREASING HOMELESSNESS, OVER THE NEXT FIVE YEARS, BELLWETHER PLANS TO DEVELOP OR ACQUIRE 1,200 NEW AFFORDABLE HOMES FOR LOW- AND MODERATE-INCOME RESIDENTS OF SEATTLE. BELLWETHER HOUSING HAS FOUR CORE PROGRAMS. 1. DEVELOP AND MANAGE AFFORDABLE APARTMENTS. BELLWETHER MANAGES ITS BUILDINGS IN-HOUSE. WE PROACTIVELY PLAN FOR MAJOR PROJECTS TO REPAIR, SUSTAIN, AND PRESERVE OUR APARTMENTS. BELLWETHER PLANS TO INCREASE OUR PORTFOLIO BY DEVELOPING OR ACQUIRING 1200 HOMES IN THE NEXT FIVE YEARS. 2. COORDINATE SERVICES THAT SUPPORT RESIDENTS IN INDEPENDENT LIVING. BELLWETHER'S ON-SITE RESIDENT SERVICES COORDINATORS (RSCS) OFFER RESIDENTS RESOURCES AND REFERRALS AND CONNECT RESIDENTS TO ACTIVITIES AT THE BUILDING AND IN THE COMMUNITY WITH A FOCUS ON EDUCATION, HEALTH, WELLNESS AND COMMUNITY ENGAGEMENT. OUR PROGRAM SUPPORTS AND EMPOWERS RESIDENTS TO FIND SOLUTIONS TO SOLVE THE CHALLENGES IN THEIR LIVES, ENCOURAGING RESIDENTS TO WORK HOLISTICALLY ON THEIR PERSONAL GOALS AND TO CONTRIBUTE TO THEIR COMMUNITIES. WE SUPPORT COMMUNITY BUILDING BY SUPPORTING RESIDENT-INITIATED SOCIAL EVENTS SUCH AS POTLUCKS, BINGO, AND MOVIE NIGHTS. OUR GOAL IS TO PROMOTE HOUSING STABILITY THROUGH STRONG, SUPPORTIVE SOCIAL RELATIONSHIPS. 3. AMPLIFY OUR IMPACT BY PROVIDING DEVELOPMENT SERVICES TO OTHER ORGANIZATIONS. BELLWETHER PROVIDES HOUSING DEVELOPMENT SERVICES TO OTHER MISSION-DRIVEN ORGANIZATIONS THAT WANT TO DEVELOP OR PRESERVE AFFORDABLE HOUSING. OUR SERVICES ALSO INCLUDE ASSET MANAGEMENT, ENERGY EFFICIENCY CONSULTING, GREEN RETROFITS, AND PROPERTY MANAGEMENT. 4. ADVOCATE TO INCREASE OPPORTUNITIES FOR AFFORDABLE PLACES TO LIVE. AS A FOUNDING MEMBER OF THE HOUSING DEVELOPMENT CONSORTIUM, BELLWETHER HOUSING IS PART OF A COALITION ACTIVELY ADVOCATING FOR AFFORDABLE HOUSING AT THE LOCAL, STATE, AND FEDERAL LEVELS. |
| FORM 990, PART III, LINE 4B, PROGRAM SERVICES - WHOLLY OWNED: | AS PART OF ITS REAL ESTATE PORTFOLIO BELLWETHER HAS SOLE OWNERSHIP OF SEVENTEEN BUILDINGS IN THE PUGET SOUND AREA PROVIDING 1,209 AFFORDABLE HOUSING UNITS. WE CREATE AND MAINTAIN OUTSTANDING HOMES AND CONNECT RESIDENTS IN NEED OF SUPPORT TO ORGANIZATIONS THAT CAN HELP THEM LEAD HEALTHY AND INDEPENDENT LIVES. |
| FORM 990, PART III, LINE 4C, PROGRAM SERVICES - TAX CREDIT PARTNERSHIPS: | BELLWETHER HOUSING, THROUGH PARTNERSHIPS WITH SEVERAL LOW-INCOME HOUSING TAX CREDIT (LIHTC) PARTNERS ALSO SHARES OWNERSHIP OF ELEVEN BUILDINGS THAT PROVIDE AN ADDITIONAL 872 AFFORDABLE HOUSING UNITS. ON THESE JOINTLY OWNED BUILDINGS, BELLWETHER IS RESPONSIBLE FOR REFURBISHMENT OF UNITS, CONSTRUCTION OF NEW UNITS AND MANAGEMENT OF ALL BUILDINGS. |
| FORM 990, PART VI, SECTION B, LINE 11B | PROCESS TO REVIEW FORM 990 BELLWETHER HOUSING SHARES THE FORM 990 WITH THE FINANCE AND AUDIT COMMITTEE AS WELL AS THE FULL BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. THE CONTROLLER, CFO AND COO ALONG WITH BOARD AND BOARD COMMITTEE MEMBERS, HAVE THE OPPORTUNITY TO REVIEW AND PROVIDE INPUT PRIOR TO FILING WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | CONFLICT OF INTEREST POLICY ANNUAL CONFLICT OF INTEREST QUESTIONNAIRES ARE COMPLETED BY ALL COVERED PERSONS, WHICH ARE DEFINED IN THE BYLAWS AS ANY OF THE ORGANIZATION'S DIRECTORS, OFFICERS, MEMBERS OF ANY COMMITTEE OF THE BOARD OR STAFF EMPLOYEES THAT HAVE AUTHORITY TO ACT ON BEHALF OF THE BOARD. BOARD QUESTIONNAIRES ARE REVIEWED BY THE GOVERNANCE COMMITTEE AND SITUATIONS THAT MAY LEAD TO POTENTIAL CONFLICTS OF INTEREST ARE REVIEWED BY THE COMMITTEE. EXECUTIVE MANAGEMENT AND STAFF QUESTIONNAIRES ARE REVIEWED BY THE COO, WHO DETERMINES IF FURTHER REVIEW ON SPECIFIC SITUATIONS MAY BE WARRANTED. AS DESCRIBED ON SCHEDULE L, PART V SEVERAL BOARD MEMBERS, FORMER BOARD MEMBERS AND FORMER KEY EXECUTIVES ("INTERESTED PERSONS") HAVE MADE LOANS TO BELLWETHER PURSUANT TO THE ORGANIZATION'S IMPACT INVESTOR NOTES PROGRAM. UNDER THE PROGRAM, NOTE HOLDERS RECEIVE INTEREST AT A RATE OF 2.5%. INTERESTED PERSONS HOLD $434,000 OF IMPACT INVESTOR NOTES OUT OF THE $3.75 MILLION ISSUED. NONE OF THE OUTSTANDING NOTES ARE IN DEFAULT. ALL IMPACT INVESTOR NOTES ISSUED TO INTERESTED PERSONS HAVE BEEN APPROVED BY THE BOARD AND ARE DOCUMENTED IN WRITING. |
| FORM 990, PART VI, SECTION B, LINE 15 | COMPENSATION OF KEY EMPLOYEES BELLWETHER HOUSING REVIEWS SALARIES AT LEAST ANNUALLY. PERIODIC SALARY SURVEYS, MARKET STUDIES AND THE LABOR INDEX FOR COST OF LIVING ARE KEY DATA POINTS USED TO INFORM SALARY ACTIONS. THE BOARD OF DIRECTORS SETS THE CHIEF EXECUTIVE OFFICER'S SALARY ANNUALLY BASED ON JOB PERFORMANCE AND THE MARKET DRIVEN FACTORS REFERENCED ABOVE. COMPENSATION FOR SENIOR LEADERSHIP TEAM MEMBERS IS SET BY THE CEO AND COO USING THE SAME MARKET-BASED DATA. |
| FORM 990, PART VI, SECTION C, LINE 19 | PUBLIC AVAILABILITY OF FORM 990 BELLWETHER HOUSING PROVIDES COPIES OF ITS FORM 990 IN RESPONSE TO DIRECT REQUESTS TO THE AGENCY. IN ADDITION, THE PUBLIC DISCLOSURE OF FORM 990 IS POSTED TO THE NATIONAL CLEARINGHOUSE AND GUIDESTAR.ORG. AUDITED FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (18 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|
| 1201 SUMMIT LLC | |||||||||
| 1651 BELLEVUE AVENUE | SEATTLE | WA | 98122 | 911571613 | LOW INCOME HOUSING | WA | $207,382 | $5,984,916 | BELLWETHER HOUSING |
| ANNAPOLIS LLC | |||||||||
| 1651 BELLEVUE AVENUE | SEATTLE | WA | 98122 | 911376926 | LOW INCOME HOUSING | WA | $93,521 | $788,481 | BELLWETHER HOUSING |
| BELLEVUE OLIVE LLC | |||||||||
| 1651 BELLEVUE AVENUE | SEATTLE | WA | 98122 | 273231399 | LOW INCOME HOUSING | WA | $114,291 | $3,568,030 | BELLWETHER HOUSING |
| CASA PACIFICA APARTMENTS LLC | |||||||||
| 1651 BELLEVUE AVENUE | SEATTLE | WA | 98122 | 475668301 | LOW INCOME HOUSING | WA | $92 | $4,209,586 | BELLWETHER HOUSING |
| EAGLES AUDITORIUM LP | |||||||||
| 1651 BELLEVUE AVENUE | SEATTLE | WA | 98122 | 475674515 | LOW INCOME HOUSING | WA | $46,928 | $1,236,643 | BELLWETHER HOUSING |
| EIGHTH & STEWART LP | |||||||||
| 1651 BELLEVUE AVENUE | SEATTLE | WA | 98122 | 912060687 | LOW INCOME HOUSING | WA | $329,009 | $7,222,213 | BELLWETHER HOUSING |
| GRAHAM TERRY APARTMENTS LLC | |||||||||
| 1651 BELLEVUE AVENUE | SEATTLE | WA | 98122 | 911636774 | DEVELOPMENT OF LOW INCOME HOUSING | WA | $8,020,655 | $4,580,627 | BELLWETHER HOUSING |
| HRG DEVELOPMENT LLC | |||||||||
| 1651 BELLEVUE AVENUE | SEATTLE | WA | 98122 | 262843189 | LOW INCOME HOUSING | WA | $0 | $0 | BELLWETHER HOUSING |
| MERCER COURT LP | |||||||||
| 1651 BELLEVUE AVENUE | SEATTLE | WA | 98122 | 823808617 | LOW INCOME HOUSING | WA | $59,107 | $1,732,465 | BELLWETHER HOUSING |
| MERIDIAN AVENUE NORTH LP | |||||||||
| 1651 BELLEVUE AVENUE | SEATTLE | WA | 98122 | 270551621 | LOW INCOME HOUSING | WA | $73,605 | $11,893,316 | BELLWETHER HOUSING |
| STERLING COURT LLC | |||||||||
| 1651 BELLEVUE AVENUE | SEATTLE | WA | 98122 | 911116960 | LOW INCOME HOUSING | WA | $28,432 | $387,571 | BELLWETHER HOUSING |
| VINE COURT APARTMENTS LLC | |||||||||
| 1651 BELLEVUE AVENUE | SEATTLE | WA | 98122 | 911116960 | LOW INCOME HOUSING | WA | $1,926,243 | BELLWETHER HOUSING | |
| OREGON APARTMENTS LLC | |||||||||
| 1651 BELLEVUE AVENUE | SEATTLE | WA | 98122 | 475681639 | LOW INCOME HOUSING | WA | $188,786 | $2,968,369 | BELLWETHER HOUSING |
| JUNEAU AND PARDEE TOWNHOMES LLC | |||||||||
| 1651 BELLEVUE AVENUE | SEATTLE | WA | 98122 | 475683530 | LOW INCOME HOUSING | WA | $40,321 | $1,550,893 | BELLWETHER HOUSING |
| TATE MASON HOUSE LLC | |||||||||
| 1651 BELLEVUE AVENUE | SEATTLE | WA | 98122 | 475643962 | LOW INCOME HOUSING | WA | $223,332 | $3,943,679 | BELLWETHER HOUSING |
| BELLWETHER TUKWILA | |||||||||
| 1651 BELLEVUE AVENUE | SEATTLE | WA | 98122 | 823686477 | LOW INCOME HOUSING | WA | $0 | $0 | BELLWETHER HOUSING |
| OLIVE TOWER APARTMENTS LLC | |||||||||
| 1651 BELLEVUE AVENUE | SEATTLE | WA | 98122 | 273231399 | LOW INCOME HOUSING | WA | $210,132 | $2,403,378 | BELLWETHER HOUSING |
| BELLWETHER VIEWS LLC | |||||||||
| 1651 BELLEVUE AVENUE | SEATTLE | WA | 98122 | 830935691 | LOW INCOME HOUSING | WA | -$140,748 | $12,314,111 | BELLWETHER HOUSING |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GENESEE HOUSING INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1651 BELLEVUE AVENUE | AddressLine1Txt |
| City | SEATTLE | CityNm |
| State Abbreviation | WA | StateAbbreviationCd |
| ZIP | 98122 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 912169417 | EIN |
| Primary Activities | LOW INCOME HOUSING | PrimaryActivitiesTxt |
| Legal Domicile State | WA | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | 501 (C)(3) | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BELLWETHER HOUSING | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | 0 | ControlledOrganizationInd |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (12 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Predominant Income TypePredominantIncomeTypeTxt | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt | Disproportionate AllocationsDisproportionateAllocationsInd | General Or Managing PartnerGeneralOrManagingPartnerInd | OwnershipOwnershipPct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| GENESEE LP | |||||||||||||
| 1651 BELLEVUE AVENUE | SEATTLE | WA | 98122 | 912176544 | LOW INCOME HOUSING | WA | BELLWETHER HOUSING | RELATED | -$95,699 | $1,555,664 | Yes (1) | 0 | 0.00010 |
| HRG ROSE STREET APARTMENTS LP | |||||||||||||
| 1651 BELLEVUE AVENUE | SEATTLE | WA | 98122 | 270955200 | LOW INCOME HOUSING | WA | BELLWETHER HOUSING | RELATED | -$26 | $643,876 | 0 | 0 | 0.00010 |
| JUDKINS PARK APARTMENTS LLC | |||||||||||||
| 1651 BELLEVUE AVENUE | SEATTLE | WA | 98122 | 912190415 | LOW INCOME HOUSING | WA | BELLWETHER HOUSING | RELATED | -$54,035 | $564,363 | Yes (1) | 0 | 0.00010 |
| STONE WAY APARTMENTS LLC | |||||||||||||
| 1651 BELLEVUE AVENUE | SEATTLE | WA | 98122 | 912190419 | LOW INCOME HOUSING | WA | BELLWETHER HOUSING | RELATED | -$39 | $5,121,277 | 0 | 0 | 0.00010 |
| SUNSET APARTMENTS LP | |||||||||||||
| 1651 BELLEVUE AVENUE | SEATTLE | WA | 98122 | 274507366 | LOW INCOME HOUSING | WA | BELLWETHER HOUSING | RELATED | -$2 | 0 | 0 | 0.00010 | |
| THIRD & PINE REDEVELOPMENT LP | |||||||||||||
| 1651 BELLEVUE AVENUE | SEATTLE | WA | 98122 | 912137971 | LOW INCOME HOUSING | WA | BELLWETHER HOUSING | RELATED | -$182,187 | $4,091,877 | Yes (1) | 0 | 0.00100 |
| PARKER APARTMENTS LP | |||||||||||||
| 1651 BELLEVUE AVENUE | SEATTLE | WA | 98122 | 611736307 | LOW INCOME HOUSING | WA | BELLWETHER HOUSING | RELATED | -$19 | $1,911,020 | 0 | 0 | 0.00100 |
| CAMBRIDGE LLLP | |||||||||||||
| 1651 BELLEVUE AVENUE | SEATTLE | WA | 98122 | 812528806 | LOW INCOME HOUSING | WA | BELLWETHER HOUSING | RELATED | -$97 | $1,863,875 | 0 | 0 | 0.00010 |
| SECURITY HOUSE LLLP | |||||||||||||
| 1651 BELLEVUE AVENUE | SEATTLE | WA | 98122 | 812546728 | LOW INCOME HOUSING | WA | BELLWETHER HOUSING | RELATED | -$33 | $8,116,293 | 0 | 0 | 0.00010 |
| UNIVERSITY DISTRICT APTS 4 LP | |||||||||||||
| 1651 BELLEVUE AVENUE | SEATTLE | WA | 98122 | 811167925 | LOW INCOME HOUSING | WA | BELLWETHER HOUSING | RELATED | $4,454,486 | 0 | 0 | 0.00010 | |
| UNIVERSITY DISTRICT APTS 9 LP | |||||||||||||
| 1651 BELLEVUE AVENUE | SEATTLE | WA | 98122 | 811158202 | LOW INCOME HOUSING | WA | BELLWETHER HOUSING | RELATED | $3,381,480 | 0 | 0 | 0.00010 | |
| 1511 DEXTER | |||||||||||||
| 1651 BELLEVUE AVENUE | SEATTLE | WA | 98122 | 454084367 | LOW INCOME HOUSING | WA | BELLWETHER HOUSING | RELATED | $9,360,705 | 0 | 0 | 0.00010 | |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Entity TypeEntityTypeTxt | OwnershipOwnershipPct | Controlled OrganizationControlledOrganizationInd | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| COMMERCIAL RESOURCES GROUP | ||||||||||||
| 1651 BELLEVUE AVENUE | SEATTLE | WA | 98122 | 912154758 | REAL ESTATE | WA | BELLWETHER HOUSING | C | 1.00000 | 0 | ||
| CAMBRIDGE DEVELOPMENT GP | ||||||||||||
| 1651 BELLEVUE AVENUE | SEATTLE | WA | 98122 | 814455432 | REAL ESTATE | WA | BELLWETHER HOUSING | C | 0.79000 | 0 | ||
| SECURITY HOUSE DEVELOPMENT GP | ||||||||||||
| 1651 BELLEVUE AVENUE | SEATTLE | WA | 98122 | 814459515 | REAL ESTATE | WA | BELLWETHER HOUSING | C | 0.79000 | 0 | -$1,069 | $8,302 |
| SUNSET APARTMENTS GP | ||||||||||||
| 1651 BELLEVUE AVENUE | SEATTLE | WA | 98122 | 823881186 | REAL ESTATE | WA | BELLWETHER HOUSING | C | 1.00000 | 0 | $397,038 | $807,332 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | Yes (1) | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (1) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | Yes (1) | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | Yes (1) | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (24 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| JUDKINS PARK LLC | ||
| A | $8,518 | CASH RECEIPTS |
| SECURITY HOUSE LLLP | ||
| A | $354,454 | CASH RECEIPTS |
| STONEWAY APARTMENTS LLC | ||
| A | $2,799 | CASH RECEIPTS |
| 1511 DEXTER LP | ||
| A | $97,030 | CASH RECEIPTS |
| EIGHTH & STEWART LIMITED PARTNERSHIP | ||
| D | $43,769 | CASH RECEIPTS |
| GENESEE LP | ||
| D | $19,790 | CASH RECEIPTS |
| SECURITY HOUSE LLLP | ||
| K | $92,823 | CASH RECEIPTS |
| STONE WAY APARTMENTS LLC | ||
| K | $146,490 | CASH RECEIPTS |
| SUNSET APARTMENTS LP | ||
| K | $10,233 | CASH RECEIPTS |
| UNIVERSITY APARTMENTS 4 LLLP | ||
| K | $34,097 | CASH RECEIPTS |
| 1511 DEXTER LP | ||
| L | $284,748 | CASH RECEIPTS |
| CAMBRIDGE APARTMENTS LLLP | ||
| L | $166,408 | CASH RECEIPTS |
| GENESEE LP | ||
| L | $41,551 | CASH RECEIPTS |
| HRG ROSE STREET LIMITED PARTNERSHIP | ||
| L | $161,485 | CASH RECEIPTS |
| JUDKINS PARK LLC | ||
| L | $28,256 | CASH RECEIPTS |
| PARKER APARTMENTS LP | ||
| L | $55,064 | CASH RECEIPTS |
| SECURITY HOUSE LLLP | ||
| L | $1,460,459 | CASH RECEIPTS |
| STONEWAY APARTMENTS LLC | ||
| L | $104,062 | CASH RECEIPTS |
| SUNSET APARTMENTS LP | ||
| L | $146,721 | CASH RECEIPTS |
| THIRD & PINE REDEVELOPMENT LP | ||
| L | $40,632 | CASH RECEIPTS |
| UNIVERSITY APARTMENTS 4 LLLP | ||
| L | $279,364 | CASH RECEIPTS |
| UNIVERSITY APARTMENTS 9 LLLP | ||
| L | $91,118 | CASH RECEIPTS |
| SUNSET APARTMENTS LIMITED PARTNERSHIP | ||
| L | $96,721 | CASH RECEIPTS |
| SUNSET APARTMENTS GP | ||
| L | $464,700 | CASH RECEIPTS |
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