2014-07-22T08:40:31-05:00 2013-12-31 351750664 DAUBY O'CONNOR & ZALESKI LLC 501 CONGRESSIONAL BLVD STE 300 CARMEL IN 46032 990 2013-01-01 911116960 BELLWETHER HOUSING BELL 2066230506 1651 BELLEVUE AVENUE SEATTLE WA 981222014 SARAH R LEWONTIN EXECUTIVE DIRECTOR 2066230506 2014-07-22 1 Steven C Levy P00229331 3178485700 2013 2015-11-30 17:44:51Z SARAH R LEWONTIN 1651 BELLEVUE AVENUE SEATTLE WA 981222014 15237690 0 X WWW.BELLWETHERHOUSING.ORG X 1980 WA 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. 20 20 123 0 0 0 2786384 3219005 11199362 11433252 874536 23200 -45001 520423 14815281 15195880 0 0 0 0 4332340 5052354 0 0 214690 9008518 9733619 13340858 14785973 1474423 409907 89794816 96704213 63613561 70892126 26181255 25812087 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 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 2013 was approximately $23,000. Bellwether develops and manages its own portfolio. 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, 4c and 4d below.). In addition, Bellwether coordinates services to residents, and advocates for resources and tools to increase future opportunities for affordable apartments. 12004068 10123177 Operation, maintenance and management of 18 low-income housing buildings with 1,320 units 1517944 886389 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 - 8 buildings with 526 units 225919 423674 Development Services to Other Nonprofits: Bellwether provides fee-based services that support other nonprofits missions and clients, including development, property management, and asset management. 225919 423674 13747931 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 38 0 1 123 1 0 0 0 0 0 0 0 0 0 0 X 20 20 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 QUENTIN KUHRAU DIRECTOR 1.00 X 0 0 0 JAMES H LOVELL DIRECTOR 1.00 X 0 0 0 BRENT LOWER DIRECTOR 1.00 X 0 0 0 MOLLIE MEANS DIRECTOR 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 1.00 X 0 0 0 JASON POWELL DIRECTOR 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 VICTORIA LAUGHLIN TAYLOR DEPUTY DIRECTOR 40.00 X 120923 0 23152 SARAH R LEWONTIN EXECUTIVE DIRECTOR 40.00 X 142360 0 24893 SHELLEY FARBER DIRECTOR OF FINANCE 40.00 X 103911 0 15202 Carole Williams Director of Human Resources 40.00 X 103719 0 13677 SUSAN SELMAN DIRECTOR OF PROPERTY MANAG 40.00 X 112339 0 15480 583252 0 92404 5 0 1 0 RAFN COMPANY 1721 132ND AVE NE BELLEVUE WA 98005 CONSTRUCTION SERVICES 943672 AMERICAN DRAPERY BLIND CARPET PO BOX 896 RENTON WA 98057 CARPET AND BLINDS INSTALLATION 204727 THYSSENKRUPP ELEVATOR CORP PO BOX 1000 MEMPHIS TN 981480227 ELEVATOR MAINTENANCE 143930 PLANTSCAPES INC 1127 POPLAR PLACE S SEATTLE WA 98144 LANDSCAPING SERVICES 127671 WHITMAN GLOBAL CARPET CARE 18734-142ND AVE NE WOODINVILLE WA 98072 CARPET CLEANING 101068 6 109473 2902159 207373 3219005 RENTAL OPERATIONS 531310 10123174 10123174 PROPERTY MANAGEMENT 531310 521875 521875 CONSULTING FEES 531310 423674 423674 INTEREST ON ADVANCES 531310 297906 297906 DEVELOPMENT FEES 531310 49020 49020 17603 17603 11433252 23200 23200 0 109473 41810 -41810 -41810 GAIN FROM MERGER 900099 461966 461966 MISCELLANEOUS 900099 100970 100970 Loss on Sale of PROPERTY 900099 -219 -219 -484 -484 562233 15195880 11433252 0 543623 285773 126418 63742 95613 3438531 2936110 454068 48353 147217 123942 18212 5063 782738 673051 85825 23862 398095 344029 42304 11762 84769 35496 43280 5993 1877 1877 7591 7591 8301 8301 251921 180200 58835 12886 6968951 6985320 4983 -21352 34957 34005 925 27 58763 13687 19215 25861 21485 20485 1000 1230 1230 2200207 2189721 5724 4762 33446 25097 6533 1816 PROGRAM EXPENSES 35660 35660 WRITE-OFFS 20293 20293 OTHER MISC EXPENSES 2702 40 2662 LICENSES & FEES 1466 1270 152 44 14785973 13747931 823352 214690 760341 765832 10547107 17903006 7655 2500 805020 1268274 13057208 12139876 1601369 1576778 89475943 27186867 59402565 62289076 3543338 727559 0 0 70213 31312 89794816 96704213 1049654 1351322 0 0 60773183 67466679 1790724 2074125 63613561 70892126 X 25887567 25535400 293688 276687 26181255 25812087 89794816 96704213 X 409907 -779075 X X 0 1 X 1 1 1 X 420096 367498 2855910 2761384 3194004 9598892 420096 367498 2855910 2761384 3194004 9598892 9598892 76666 40479 31119 20954 23200 192418 433941 66068 -12908 -1558 562452 1047995 10839305 53786494 0.88560 0.90670 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 349 349 14785624 14785973 889299 222325 0 0 732994 761864 819220 889299 3203377 4805066 2500 2500 94 349 5443 183249 190466 204805 222325 800845 1201268 2500 2500 94 349 5443 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. 17590940 17590940 71885003 27186867 44698136 62289076 DEFERRED INTEREST PAYABLE 688763 TENANT SECURITY DEPOSITS 618015 SHORT TERM NOTES AND ADVANCES 767347 2074125 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 109473 109473 12496 10823 18491 109473 109473 12496 10823 18491 41810 -41810 X X 0 0 0 0 0 0 0 1 0 SARAH R LEWONTIN EXECUTIVE DIRECTOR 138006 0 4354 0 0 0 5587 0 19306 0 167253 0 0 0 Part I, Line 7 In 2013 the organization paid both a fixed and a percent-of-earnings 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 XI, line 9: Owner Withdrawals - Investment -779,075. 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 1001056 6989807 BELLWETHER HOUSING 1511 DEXTER 1651 BELLEVUE AVENUE SEATTLE WA 98122 454084367 LOW INCOME HOUSING WA 10920 1309894 BELLWETHER HOUSING ANNAPOLIS LLC 1651 BELLEVUE AVENUE SEATTLE WA 98122 912191621 LOW INCOME HOUSING WA 203260 837673 BELLWETHER HOUSING BELLEVUE OLIVE APARTMENTS LP 1651 BELLEVUE AVENUE SEATTLE WA 98122 911608121 LOW INCOME HOUSING WA 560819 3634205 BELLWETHER HOUSING CASA PACIFICA APARTMENTS LLC 1651 BELLEVUE AVENUE SEATTLE WA 98122 911116960 LOW INCOME HOUSING WA 801226 4907521 BELLWETHER HOUSING CASCADE COURT LP 1651 BELLEVUE AVENUE SEATTLE WA 98122 911571613 LOW INCOME HOUSING WA BELLWETHER HOUSING EAGLES AUDITORIUM LP 1651 BELLEVUE AVENUE SEATTLE WA 98122 911636774 LOW INCOME HOUSING WA 343372 1474145 BELLWETHER HOUSING GRAHAM TERRY APARTMENTS LLC 1651 BELLEVUE AVENUE SEATTLE WA 98122 911116960 LOW INCOME HOUSING WA 885209 5274810 BELLWETHER HOUSING HRG DEVELOPMENT LLC 1651 BELLEVUE AVENUE SEATTLE WA 98122 262843189 DEVELOPMENT OF LOW INCOME HOUSING WA BELLWETHER HOUSING JUNEAU AND PARDEE TOWNHOMES LLC 1651 BELLEVUE AVENUE SEATTLE WA 98122 911116960 LOW INCOME HOUSING WA 262779 1654891 BELLWETHER HOUSING MERCER COURT LP 1651 BELLEVUE AVENUE SEATTLE WA 98122 911116960 LOW INCOME HOUSING WA 286896 1760563 BELLWETHER HOUSING MERIDIAN NORTH LP 1651 BELLEVUE AVENUE SEATTLE WA 98122 262840842 LOW INCOME HOUSING WA 1310839 13119382 BELLWETHER HOUSING NORTH QUEEN ANE LP 1651 BELLEVUE AVENUE SEATTLE WA 98122 911116960 LOW INCOME HOUSING WA 311728 7427494 BELLWETHER HOUSING OREGON APARTMENTS LLC 1651 BELLEVUE AVENUE SEATTLE WA 98122 911116960 LOW INCOME HOUSING WA 755400 3132964 BELLWETHER HOUSING STERLING COURT LLC 1651 BELLEVUE AVENUE SEATTLE WA 98122 911116960 LOW INCOME HOUSING WA 74590 375072 BELLWETHER HOUSING TATE MASON HOUSE LLC 1651 BELLEVUE AVENUE SEATTLE WA 98122 911116960 LOW INCOME HOUSING WA 774226 4284811 BELLWETHER HOUSING VINE COURT APARTMENTS LLC 1651 BELLEVUE AVENUE SEATTLE WA 98122 911116960 LOW INCOME HOUSING WA 565411 2113495 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 -132937 1529529 0 1 0.00100 FOURTH & BELL LLC 1651 BELLEVUE AVENUE SEATTLE WA 98122 911926654 LOW INCOME HOUSING WA BELLWETHER HOUSING RELATED 130 179789 0 1 0.01000 GENESEE LP 1651 BELLEVUE AVENUE SEATTLE WA 98122 912176544 LOW INCOME HOUSING WA BELLWETHER HOUSING RELATED -18 4952916 0 1 0.00010 HRG ROSE STREET APARTMENTS 1651 BELLEVUE AVENUE SEATTLE WA 98122 270955200 LOW INCOME HOUSING WA BELLWETHER HOUSING RELATED -29 667492 0 1 0.00010 JUDKINS PARK LLC 1651 BELLEVUE AVENUE SEATTLE WA 98122 912190415 LOW INCOME HOUSING WA BELLWETHER HOUSING RELATED -8 626488 0 1 0.00010 KENYON & BOZEMAN LP 1651 BELLEVUE AVENUE SEATTLE WA 98122 261525260 LOW INCOME HOUSING WA BELLWETHER HOUSING RELATED 0 1 0.00010 STONE WAY APARTMENTS LLC 1651 BELLEVUE AVENUE SEATTLE WA 98122 912190419 LOW INCOME HOUSING WA BELLWETHER HOUSING RELATED -38 4831187 0 1 0.00010 SUNSET APARTMENTS LP 1651 BELLEVUE AVENUE SEATTLE WA 98122 274507366 LOW INCOME HOUSING WA BELLWETHER HOUSING RELATED -34 3039304 0 1 0.00010 THIRD & PINE REDEVELOPMENT LP 1651 BELLEVUE AVENUE SEATTLE WA 98122 912137971 LOW INCOME HOUSING WA BELLWETHER HOUSING RELATED -164453 4403339 0 1 0.00100 1100 MINOR LP 1651 BELLEVUE AVENUE SEATTLE WA 98122 911743392 LOW INCOME HOUSING WA BELLWETHER HOUSING RELATED -187 0 1 1.00000 COMMERCIAL RESOURCES GROUP 1651 BELLEVUE AVENUE SEATTLE WA 98122 912154758 REAL ESTATE WA C -7188 1.00000 0 1 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 Genesee LP A 14380 Eighth & Stewart LP A 67735 Third & Pine Development LP A 128183 Judkins Park LLC A 12437 Stone Way Apartments LLC A 67887 Sunset Apartments Limited Partnership A 10031 Fourth & Bell LLC A 7667 Fourth & Bell LLC J 16440 Eighth & Stewart LP J 22935 Eighth & Stewart LP L 61600 Third & Pine Development LP L 36617 Judkins Park LLC L 11593 Genesee LP L 36129 Stone Way Apartments LLC L 54496 HRG Rose Street Apartments LP L 68623 Sunset Apartments Limited Partnership L 81424 1100 Minor LP L 35618 Fourth & Bell LLC L 108680