2015-05-15T14:01:12-05:00 2014-12-31 351750664 DAUBY O'CONNOR & ZALESKI LLC 501 CONGRESSIONAL BLVD STE 300 CARMEL IN 46032 990 2014-01-01 911116960 BELLWETHER HOUSING BELL 2066230506 1651 BELLEVUE AVENUE SEATTLE WA 981222014 SARAH R LEWONTIN EXECUTIVE DIRECTOR 2066230506 2015-05-15 1 Steven C Levy P00229331 3178485700 2014 2016-02-25 16:41:14Z SARAH R LEWONTIN 1651 BELLEVUE AVENUE SEATTLE WA 981222014 16099218 0 X WWW.BELLWETHERHOUSING.ORG X 1980 WA Bellwether Housing, founded by the Downtown Seattle Association in 1980, is the largest private nonprofit provider of affordable apartments in King County, Washington. Our residents are low-wage working people, low-income seniors, and those with special needs. The annual household incomes range from $18,000 to $50,000 depending on household size (30% to 60% of area median income for King County). Average annual household income for Bellwether residents in 2014 was approximately $24,000. 17 17 134 0 11503 -17453 3219005 3401259 11433252 12828456 23200 37373 520423 -194204 15195880 16072884 0 0 0 0 5052354 5692647 0 0 398047 9733619 10441286 14785973 16133933 409907 -61049 96704213 88775568 70892126 63024530 25812087 25751038 X Bellwether Housing's mission is to provide excellent affordable apartments that enable low-wage working people, their families and low-income seniors to live independently throughout their lives. 0 0 Bellwether develops and manages affordable housing apartments. This includes 30 properties with 1,900 great places to live for nearly 3,200 people (600 children and 500 seniors). It builds, acquires and preserves affordable apartments for the residents who need them (see program 4b and 4c below), and provides fee-based services to other nonprofits (see program 4d below). In addition, Bellwether coordinates services to residents, and advocates for resources and tools to increase future opportunities for affordable apartments. 12730878 0 10616203 Operation, maintenance and management of 18 low-income housing buildings with 1,320 units. 1955635 0 1567593 Creation and maintenance of low-income housing units by: (1) rehabilitation of units, (2) construction of new units and (3) property management of buildings held by tax credit partnerships - 9 buildings with 526 units. 388476 0 633156 Development Services to Other Nonprofits: Bellwether provides fee-based services that support other nonprofits' missions and clients, including development, property management, and asset management. 388476 0 633156 15074989 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 46 0 1 134 1 1 1 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 WA X X SHELLEY FARBER DIRECTOR OF FINANCE 2066230506 1651 BELLEVUE AVENUE SEATTLE WA 981222014 THOMAS MARTINEAU DIRECTOR 1.00 X 0 0 0 DONALD KING DIRECTOR 1.00 X 0 0 0 MOLLIE MEANS DIRECTOR - RETIRED 1.00 X 0 0 0 ELIZABETH WOARE DIRECTOR 1.00 X 0 0 0 MARNI WRIGHT DIRECTOR 1.00 X 0 0 0 BART CIMA DIRECTOR 1.00 X 0 0 0 DONNIE GRIFFIN DIRECTOR 1.00 X 0 0 0 HARRIS HOFFMAN DIRECTOR - RETIRED 1.00 X 0 0 0 JASON POWELL DIRECTOR - RETIRED 1.00 X 0 0 0 ROBERT DIPIETRAE DIRECTOR 1.00 X 0 0 0 DUANE LEONARD DIRECTOR 1.00 X 0 0 0 HARRY MATSUMOTO DIRECTOR 1.00 X 0 0 0 KIM ORR DIRECTOR 1.00 X 0 0 0 TIM OVERLAND DIRECTOR 1.00 X 0 0 0 DOUGLAS DALEY CHAIR 1.00 X X 0 0 0 KEITH WINZENRIED SECRETARY/TREASURER 1.00 X X 0 0 0 JOSE QUINTANA VICE CHAIR 1.00 X X 0 0 0 GABRIEL GRANT DIRECTOR 1.00 X 0 0 0 RICHARD KENDALL DIRECTOR 1.00 X 0 0 0 TEJAL PASTAKIA DIRECTOR 1.00 X 0 0 0 SARAH R LEWONTIN EXECUTIVE DIRECTOR 40.00 X 148850 0 26172 VICTORIA LAUGHLIN TAYLOR DEPUTY DIRECTOR 40.00 X 123334 0 24068 SHELLEY FARBER DIRECTOR OF FINANCE 40.00 X 104758 0 15650 SUSAN SELMAN DIRECTOR OF PROPERTY MANAG 40.00 X 113426 0 15995 SUSAN BOYD DIRECTOR OF REAL ESTATE DEVELOPMENT 40.00 X 114873 0 21217 SHIRLEY BEKINS SR HOUSING DEVELOPER 40.00 X 105371 0 15775 710612 0 118877 6 0 1 0 RAFN COMPANY 1721-132ND AVE NE BELLEVUE WA 98005 CONSTRUCTION SERVICES 3803790 UNIVERSITY MECHANICAL CONTRACTORS INC 11611 49TH PLACE W MUKILTEO WA 98275 MECHANICAL SERVICES 214653 AMERICAN DRAPERY PO BOX 896 RENTON WA 98057 CARPEL AND BLINDS INSTALLATION 204501 THYSSENKRUPP ELEVATOR CORP PO BOX 1000 MEMPHIS TN 98148 ELEVATOR MAINTENANCE 182347 SPRAGUE PEST SOLUTIONS PO BOX 2222 TACOMA WA 98401 PEST CONTROL 149132 10 116221 3148681 136357 3401259 RENTAL OPERATIONS 531310 10627706 10616203 11503 DEVELOPMENT FEES 531310 753280 753280 CONSULTING FEES 531310 580156 580156 PROPERTY MANAGEMENT 531310 544264 544264 INTEREST ON ADVANCES 531310 320705 320705 2345 2345 12828456 37373 37373 0 116221 26334 -26334 -26334 GAIN FROM MERGER 900099 11083 11083 MISCELLANEOUS 900099 -80 -80 GAIN/LOSS FROM PARTNERSHIPS 900099 -251 -251 -178622 -178622 -167870 16072884 12816953 11503 -156831 165506 66202 99304 4035153 3625644 287958 121551 127739 112341 8714 6684 902843 819015 47442 36386 461406 419401 23772 18233 332479 74174 187377 70928 19972 3280 502 16190 7148 7148 5353 5353 306842 243888 41435 21519 7380590 7388401 2298 -10109 33954 31674 2188 92 73818 26427 34038 13353 37686 36162 1524 1181 1181 2171386 2164693 5204 1489 33847 28355 3108 2384 OTHER EXPENSES 19577 16845 2732 WRITE-OFFS 10997 10997 PROGRAM EXPENSES 4180 4180 LICENSES & FEES 2276 2129 104 43 16133933 15074989 660897 398047 765832 646533 17903006 14416538 2500 944 1268274 1833323 12139876 13454436 1576778 1467043 83138861 27570501 62289076 55568360 727559 727193 31312 661198 96704213 88775568 1351322 1220334 67466679 59694331 2074125 2109865 70892126 63024530 X 25535400 25475901 276687 275137 25812087 25751038 96704213 88775568 -61049 0 X X 0 1 X 1 1 1 X 367498 2855910 2761384 3194004 3374759 12553555 367498 2855910 2761384 3194004 3374759 12553555 12553555 40479 31119 20954 23200 37360 153112 -17453 -17453 66068 -12908 -1558 562452 -167814 446240 13135454 57216088 0.95570 0.88560 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 357 357 16133576 16133933 956697 239174 0 0 761864 819220 889299 956697 3427080 5140620 2500 94 349 357 3300 190466 204805 222325 239174 856770 1285155 2500 94 349 0 2943 Form 990, Schedule C, Part II-A, LIne 1a Lobbying expenses were to influence city government on zoning issues and developer fees for the benefit of low wage earning households. 13061516 13061516 70077345 27570501 42506844 55568360 DEFERRED INTEREST PAYABLE 698384 TENANT SECURITY DEPOSITS 624896 SHORT TERM NOTES AND ADVANCES 786585 2109865 X Part X, Line 2: The Corporation is exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code. The Corporation also is not subject to state income tax in the State of Washington. Accordingly, no provision for federal and state taxes on revenue and income has been recognized in the accompanying financial statements. CLOSER TO HOME BREAKFAST 116221 116221 6275 9308 10751 116221 116221 6275 9308 10751 26334 -26334 X X 0 0 0 0 0 0 0 1 0 SARAH R LEWONTIN EXECUTIVE DIRECTOR 148350 0 500 0 0 0 6620 0 19552 0 175022 0 0 0 Part I, Line 7 In 2014 the organization paid a fixed bonus to all eligible employees regardless of their position or compensation in the organization. Bellwether has no contractual obligations to any employee for extra compensation or bonus of any type. A Seattle Housing Authority 916000977 2007-02-01 2800000 Olive Tower Low Income Housing 0 0 0 B Seattle Housing Authority 916000977 2007-10-01 2640000 Oregon Low Income Housing 0 0 0 C Seattle Housing Authority 916000977 812636JP4 2007-11-07 4000000 Casa Pacifica Low Income Housing 0 0 0 A 2800000 70000 2730000 0 0 1 1 B 2640000 10000 2630000 0 0 1 1 C 4000000 80000 3920000 0 0 1 1 A 1 0 0 0 0 0 0 B 1 0 0 0 0 0 0 C 1 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 0 0 C 0 0 1 0 0 0 0 0 0 A 0 B 0 C 0 Form 990, Part VI, Section B, line 11 The Organization did provide a copy of Form 990 to its organizing body before it was filed and incorporated their comments. Form 990, Part VI, Section B, line 12c Annual Conflict of Interest Questionnaires are completed by all Covered Persons, which is 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. Form 990, Part VI, Section B, line 15 Human Resources surveys salaries and wages annually, completes a market study and reviews cost of living indexes as well as sets ranges of pay taking into account comparable industries. The Board of Directors sets the Executive Director's pay annually based on performance. Form 990, Part VI, Section C, line 18 We supply the documents to anyone who asks and we post it on the National Clearinghouse and Guidestar.com. Form 990, Part VI, Section C, line 19 We supply the documents to anyone who asks and we post it on the National Clearinghouse. Form 990, Part XII, Line 2C Bellwether receives a copy of the audit. Prior to the finalization of the audit, a copy of the audit is given to all of the board members for their comments. When the audit is up for bid, the Board discusses the relationship with the current auditors and makes a determination as to whether to maintain this relationship or change to a new auditing firm. 1201 SUMMIT LLC 1651 BELLEVUE AVENUE SEATTLE WA 98122 911571613 LOW INCOME HOUSING WA 1015812 6863321 BELLWETHER HOUSING 1511 DEXTER 1651 BELLEVUE AVENUE SEATTLE WA 98122 454084367 LOW INCOME HOUSING WA -17452 995969 BELLWETHER HOUSING ANNAPOLIS LLC 1651 BELLEVUE AVENUE SEATTLE WA 98122 912191621 LOW INCOME HOUSING WA 217127 859182 BELLWETHER HOUSING BELLEVUE OLIVE APARTMENTS LP 1651 BELLEVUE AVENUE SEATTLE WA 98122 911608121 LOW INCOME HOUSING WA 573057 3649325 BELLWETHER HOUSING CASA PACIFICA APARTMENTS LLC 1651 BELLEVUE AVENUE SEATTLE WA 98122 911116960 LOW INCOME HOUSING WA 705235 4880764 BELLWETHER HOUSING EAGLES AUDITORIUM LP 1651 BELLEVUE AVENUE SEATTLE WA 98122 911636774 LOW INCOME HOUSING WA 347009 1427269 BELLWETHER HOUSING GRAHAM TERRY APARTMENTS LLC 1651 BELLEVUE AVENUE SEATTLE WA 98122 911116960 LOW INCOME HOUSING WA 926385 5258786 BELLWETHER HOUSING HRG DEVELOPMENT LLC 1651 BELLEVUE AVENUE SEATTLE WA 98122 262843189 DEVELOPMENT OF LOW INCOME HOUSING WA 0 0 BELLWETHER HOUSING JUNEAU AND PARDEE TOWNHOMES LLC 1651 BELLEVUE AVENUE SEATTLE WA 98122 911116960 LOW INCOME HOUSING WA 265807 1674055 BELLWETHER HOUSING MERCER COURT LP 1651 BELLEVUE AVENUE SEATTLE WA 98122 911116960 LOW INCOME HOUSING WA 297376 1736490 BELLWETHER HOUSING MERIDIAN NORTH LP 1651 BELLEVUE AVENUE SEATTLE WA 98122 262840842 LOW INCOME HOUSING WA 1360346 12954995 BELLWETHER HOUSING NORTH QUEEN ANNE LP 1651 BELLEVUE AVENUE SEATTLE WA 98122 911116960 LOW INCOME HOUSING WA 328744 0 BELLWETHER HOUSING OREGON APARTMENTS LLC 1651 BELLEVUE AVENUE SEATTLE WA 98122 911116960 LOW INCOME HOUSING WA 783979 3190496 BELLWETHER HOUSING STERLING COURT LLC 1651 BELLEVUE AVENUE SEATTLE WA 98122 911116960 LOW INCOME HOUSING WA 76073 372645 BELLWETHER HOUSING TATE MASON HOUSE LLC 1651 BELLEVUE AVENUE SEATTLE WA 98122 911116960 LOW INCOME HOUSING WA 867801 4278112 BELLWETHER HOUSING VINE COURT APARTMENTS LLC 1651 BELLEVUE AVENUE SEATTLE WA 98122 911116960 LOW INCOME HOUSING WA 569265 2169714 BELLWETHER HOUSING GENESEE HOUSING INC 1651 BELLEVUE AVENUE SEATTLE WA 98122 912169417 LOW INCOME HOUSING WA 501(C)(3) 501(C)(3) BELLWETHER HOUSING 0 EIGHTH & STEWART LP 1651 BELLEVUE AVENUE SEATTLE WA 98122 912060687 LOW INCOME HOUSING WA BELLWETHER HOUSING RELATED -168510 1297794 0 1 0.00100 FOURTH & BELL LLC 1651 BELLEVUE AVENUE SEATTLE WA 98122 911926654 LOW INCOME HOUSING WA BELLWETHER HOUSING RELATED -355 175244 0 1 0.01000 GENESEE LP 1651 BELLEVUE AVENUE SEATTLE WA 98122 912176544 LOW INCOME HOUSING WA BELLWETHER HOUSING RELATED -84326 4881089 0 1 0.00010 HRG ROSE STREET LP 1651 BELLEVUE AVENUE SEATTLE WA 98122 270955200 LOW INCOME HOUSING WA BELLWETHER HOUSING RELATED -30 640030 0 1 0.00010 JUDKINS PARK APARTMENTS LLC 1651 BELLEVUE AVENUE SEATTLE WA 98122 912190415 LOW INCOME HOUSING WA BELLWETHER HOUSING RELATED -10 620922 0 1 0.00010 STONE WAY APARTMENTS LLC 1651 BELLEVUE AVENUE SEATTLE WA 98122 912190419 LOW INCOME HOUSING WA BELLWETHER HOUSING RELATED -41 4901003 0 1 0.00010 SUNSET APARTMENTS LP 1651 BELLEVUE AVENUE SEATTLE WA 98122 274507366 LOW INCOME HOUSING WA BELLWETHER HOUSING RELATED -31 2873851 0 1 0.00010 THIRD & PINE REDEVELOPMENT LP 1651 BELLEVUE AVENUE SEATTLE WA 98122 912137971 LOW INCOME HOUSING WA BELLWETHER HOUSING RELATED -168545 4329870 0 1 0.00100 PARKER APARTMENTS LP 1651 BELLEVUE AVENUE SEATTLE WA 98122 611736307 LOW INCOME HOUSING WA BELLWETHER HOUSING RELATED -6 5755647 0 1 0.00100 COMMERCIAL RESOURCES GROUP 1651 BELLEVUE AVENUE SEATTLE WA 98122 912154758 REAL ESTATE WA BELLWETHER HOUSING C -7188 1.00000 0 1 1 0 1 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 EIGHTH & STEWART LP A 137640 CASH RECEIPTS JUDKINS PARK LLC A 18000 CASH RECEIPTS STONEWAY APARTMENTS LLC A 6330 CASH RECEIPTS SUNSET APARTMENTS LP A 7429 CASH RECEIPTS FOURTH & BELL LLC A 5782 CASH RECEIPTS FOURTH & BELL LLC J 16440 CASH RECEIPTS EIGHTH & STEWART LP J 22935 CASH RECEIPTS STONE WAY APARTMENTS LLC K 130358 CASH RECEIPTS SUNSET APARTMENTS LP K 9085 CASH RECEIPTS GENESEE LP L 35916 CASH RECEIPTS EIGHTH & STEWART LP L 66269 CASH RECEIPTS THIRD & PINE REDEVELOPMENT LP L 37263 CASH RECEIPTS JUDKINS PARK LLC L 11716 CASH RECEIPTS STONEWAY APARTMENTS LLC L 49794 CASH RECEIPTS HRG ROSE STREET APARTMENTS LP L 67568 CASH RECEIPTS FOURTH & BELL LLC L 8000 CASH RECEIPTS SUNSET APARTMENTS LP L 75831 CASH RECEIPTS PARKER APARTMENTS LP L 762349 CASH RECEIPTS PARKER APARTMENTS LP D 1299073 CASH RECEIPTS PARKER APARTMENTS LP G 7120000 CASH RECEIPTS PARKER APARTMENTS LP B 100 CASH RECEIPTS