2013-07-15T14:43:54-05:00 2012-12-31 721607347 Watson & McDonell PLLC 1325 - 4th Avenue Suite 1705 Seattle WA 981012528 990 2012-01-01 911402983 Mount Baker Housing Association MOUN 2067254152 1423 - 31st Avenue S Seattle WA 98144 Michael Rooney 2067254152 2013-07-17 1 Susan Reilly P00531805 2066242380 2013-07-09 2012 2016-02-24 21:20:13Z Michael Rooney 1423 - 31st Avenue S Seattle WA 98144 3262907 0 X www.MtBakerHousing.org X 1988 WA To improve lives & strengthen communities in SE Seattle by creating quality affordable housing & supporting our residents. 10 10 6 0 0 0 1737453 1951592 1113868 1307239 16739 3915 21921 161 2889981 3262907 0 0 0 0 340360 409169 0 0 0 2190827 2609864 2531187 3019033 358794 243874 25479658 30564263 11634123 16474854 13845535 14089409 To improve lives and strengthen communities in southeast Seattle by creating quality affordable housing and supporting our residents. 0 0 2796990 1307239 Mount Baker Housing Association (MBHA) owns and manages two residential properties, and its affiliates (together with the organization) own five residential properties, for a total of 286 units of affordable housing in Southeast Seattle.During 2012, Beach Court Acquisitions LLC (MBHA is the sole member) acquired Beach Court, a 21-unit apartment building.During 2012, Thirty-Ninth Avenue Flats Acquisition LLC (MBHA is the sole member) acquired Thirty-Ninth Avenue Flats, a 30-unit apartment building. 2796990 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 1 23 0 1 6 1 0 0 0 0 0 0 0 0 X 10 10 0 1 0 0 0 0 0 1 1 0 0 1 1 0 1 0 1 1 1 0 WA X X The Organization 2067254152 1423 - 31st Avenue S Seattle WA 98144 Pat Suarez 3.00 X X 0 0 0 Tom English 3.00 X X 0 0 0 Jill Fleming 3.00 X X 0 0 0 Ben Barker 2.00 X 0 0 0 Lee Stanton 2.00 X 0 0 0 Sandy Lowe 2.00 X 0 0 0 Dinah Thoreson 2.00 X 0 0 0 Sam Osborne 2.00 X 0 0 0 Marilyn Gist 2.00 X 0 0 0 Nancy Henderson 2.00 X 0 0 0 Michael Rooney 40.00 X 105045 0 13275 105045 0 13275 1 0 0 0 0 1946820 4772 594471 1951592 Rental Income 531110 1249004 1249004 Laundry and Misc. 531110 58235 58235 1307239 3915 3915 Other 900099 161 161 161 3262907 1307239 0 4076 115763 81035 34728 218945 190888 28057 22650 18256 4394 25469 18604 6865 26342 21458 4884 366759 366759 4055 4055 14500 14500 53835 53835 15094 15094 137535 108215 29320 17330 17330 1336135 1309880 26255 5816 5816 2900 2900 561080 537978 23102 4331 4331 Development 75146 75146 Resident Services 8354 8354 Bond Fees 6582 6582 Miscellaneous 412 412 3019033 2796990 222043 0 296769 116196 587533 165763 138978 42324 21932 27819 25279 31425481 3063701 22967314 28361780 213100 271980 1205821 1601333 25479658 30564263 95347 137636 9556 9951 2444000 2404780 8828870 13617383 256350 305104 11634123 16474854 X 13845535 14089409 13845535 14089409 25479658 30564263 243874 0 X 0 1 X 1 0 X 1092524 1143654 3447655 1737453 1951592 9372878 608089 732066 879146 1113868 1307239 4640408 1700613 1875720 4326801 2851321 3258831 14013286 0 0 0 14013286 80507 44166 28434 24313 3915 181335 80507 44166 28434 24313 3915 181335 8853 245742 13305 14033 281933 1789973 2165628 4368540 2889667 3262746 14476554 0.96800 0.95600 0.01250 0.02080 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9735485 9735485 21332755 2912590 18420165 357241 151111 206130 28361780 Tenant Security Deposits 72064 Board-designated Reserves 351485 Operating & Replacement Reserves 971613 Construction in Progress 206171 1601333 Tenant Security Deposits 71526 Accrued Interest Payable 233578 305104 X 3262907 0 3262907 0 3262907 3019033 0 3019033 0 3019033 Description of Uncertain Tax Positions Under FIN 48: Part X, Line 2: Mount Baker Housing Association is exempt from federal income tax under section 501(c)(3) of the Internal Revenue Code. The Association's income tax filings are subject to examination by various taxing authorities. The Association's open examination periods are 2009 and thereafter. The LLC's are disregarded entities for tax reporting purposes. The Organization follows the provisions of uncertain tax positions as addressed in FASB Accounting Standards Codification Subtopic 740-10, Income Taxes. The Organization believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the consolidated financial statements. A Washington State Housing Finance Commission 911874730 2010-12-21 2444000 Acquisition and rehabilitation of a 35-unit multifamily housing facility 0 0 0 A 2444000 2444000 2011 0 0 1 1 A 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 Pat Suarez Board President 94000 Mount Baker Housing Association paid $94,000 to EHI Real Estate Advisors (Pat Suarez) for commissions on 2 property purchases 0 X Heat pumps 1 515208 FMV X Heat pumps 1 71118 FMV X Washers 1 4910 FMV X Refrigerators 1 3235 FMV 0 0 0 Form 990, Part VI, Section A, line 3 The organization has delegated management of the rental properties to Coast Real Estate Services, Inc Form 990, Part VI, Section B, line 11 Sent via email for review to Board members Form 990, Part VI, Section B, line 12c Disclosure is required when a perceived conflict arises Form 990, Part VI, Section B, line 15 The Board used comparable salaries for organizations of similar size to set pay range for the Executive Director. Form 990, Part VI, Section C, line 19 The documents are available for viewing in the main office. MBV LLC 1423 31st Avenue South Seattle WA 98118 911402983 Low-Income Housing WA 2228274 14645569 Crestwood Place LLC 1423 31st Avenue South Seattle WA 98178 911402983 Low-Income Housing WA 318536 2545261 South 129 LLC 1423 31st Avenue South Seattle WA 98144 911402983 Low-Income Housing WA 366592 5226332 Beach Court Acquisition LLC 1423 31st Avenue South Seattle WA 98144 460712168 Low-Income Housing WA 66797 2432944 Thirty-Ninth Ave Flats Acquisition LLC 1423 31st Avenue South Seattle WA 98118 461303498 Low-Income Housing WA 39191 2804193