HOMESTEAD COMMUNITY LAND TRUST: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- HOMESTEAD COMMUNITY LAND TRUST (EIN 91-1565651)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-11-02
- IRS object ID
- 201213079349301406
- Schema version
- 2011v1.2
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-11-02T17:32:22-05:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 910605875 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PETERSON SULLIVAN LLP CPA'S | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 601 UNION ST STE 2300 | AddressLine1 |
| City | SEATTLE | City |
| State | WA | State |
| ZIP Code | 981012345 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 911565651 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HOMESTEAD COMMUNITY LAND TRUST | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | HOME | NameControl |
| Phone | 2063231227 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 412 MAYNARD AVE S NO 201 | AddressLine1 |
| City | SEATTLE | City |
| State | WA | State |
| ZIP Code | 98104 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | SHELDON COOPER | Name |
| Title | EXECUTIVE DIRECTOR | Title |
| Phone | 2063231227 | Phone |
| Date Signed | 2012-10-22 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | RAYMON G HOLMDAHL | Name |
| PTIN | P00120599 | PTIN |
| Phone | 2063827777 | Phone |
| Date Prepared | 2012-10-22 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | SHELDON COOPER | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 412 MAYNARD AVE S NO 201 | AddressLine1 |
| City | SEATTLE | City |
| State | WA | State |
| ZIP Code | 98104 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 4629018 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.HOMESTEADCLT.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1992 | YearFormation |
| State Legal Domicile | WA | StateLegalDomicile |
| Activity Or Mission Description | TO CREATE AND PERMANENTLY PERSERVE AFFORDABLE HOMEOWNERSHIP FOR LOW AND MODERATE INCOME HOUSEHOLDS PRICED OUT OF THE MARKETPLACE AND SUPPORT THEIR ONGOING SUCCESS THROUGH EDUCATION, COUNSELING, REFERRAL AND ADVOCACY. HOMESTEAD HAD 131 HOMES IN ITS PORTFOLIO AT THE END OF 2011 AND EXPECTS TO HAVE OVER 150 BY THE END OF 2012. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 10 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 10 | NbrIndependentVotingMembers |
| Total Nbr Employees | 5 | TotalNbrEmployees |
| Total Nbr Volunteers | 20 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 1195412 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 600712 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 176202 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 163670 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 440 | InvestmentIncomePriorYear |
| Investment Income Current Year | 410564 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | -3060 | OtherRevenuePriorYear |
| Other Revenue Current Year | 35 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 1368994 | TotalRevenuePriorYear |
| Total Revenue Current Year | 1174981 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 192317 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 222483 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 10967 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 83645 | OtherExpensePriorYear |
| Other Expenses Current Year | 85589 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 275962 | TotalExpensesPriorYear |
| Total Expenses Current Year | 308072 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 1093032 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 866909 | RevenuesLessExpensesCY |
| Total Assets BOY | 6899236 | TotalAssetsBOY |
| Total Assets EOY | 9464961 | TotalAssetsEOY |
| Total Liabilities BOY | 3473335 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 5172166 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 3425901 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 4292795 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | TO CREATE AND PERMANENTLY PERSERVE AFFORDABLE HOMEOWNERSHIP FOR LOW AND MODERATE INCOME HOUSEHOLDS PRICED OUT OF THE MARKETPLACE AND SUPPORT THEIR ONGOING SUCCESS THROUGH EDUCATION, COUNSELING, REFERRAL AND ADVOCACY. HOMESTEAD HAD 131 HOMES IN ITS PORTFOLIO AT THE END OF 2011 AND EXPECTS TO HAVE OVER 150 BY THE END OF 2012. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 193783 | Expense |
| Revenue | 163670 | Revenue |
| Description | TO CREATE AND PERMANENTLY PERSERVE AFFORDABLE HOMEOWNERSHIP FOR LOW AND MODERATE INCOME HOUSEHOLDS PRICED OUT OF THE MARKETPLACE AND TO SUPPORT THEIR ONGOING SUCCESS THROUGH EDUCATION, COUNSELING, REFERRAL AND ADVOCACY. HOMESTEAD HAD 131 HOMES IN ITS PORTFOLIO AT THE END OF 2011 AND EXPECTS TO HAVE OVER 150 BY THE END OF 2012. DURING 2011 HOMESTEAD ASSISTED 35 HOUSEHOLDS TO PURCHASE THEIR FIRST HOMES. | Description |
| Total Program Service Expense | 193783 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 1 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 0 | ReportOtherLiabilities |
| Report Fin48 Footnote | 0 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 1 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 14 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 5 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 10 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 10 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 1 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 0 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 0 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 0 | WhistleblowerPolicy |
| Document Retention Policy | 0 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | WA | StatesWhereCopyOfReturnIsFiled |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SHELDON COOPER | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 2063231227 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2524 16TH AVENUE SOUTH | AddressLine1 |
| City | SEATTLE | City |
| State | WA | State |
| ZIP Code | 98144 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (11 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| GEOV PARRISH | ||||||
| CO-PRESIDENT | 2.00 | X | X | 0 | 0 | 0 |
| CHRIS LAROCHE | ||||||
| CO-PRESIDENT | 2.00 | X | X | 0 | 0 | 0 |
| JOHN BIANCHI | ||||||
| TREASURER | 2.00 | X | X | 0 | 0 | 0 |
| PETER NEVIN | ||||||
| SECRETARY | 2.00 | X | X | 0 | 0 | 0 |
| DIANNE WASSON | ||||||
| DELEGATE | 2.00 | X | 0 | 0 | 0 | |
| SIOBHAN RING | ||||||
| DELEGATE | 2.00 | X | 0 | 0 | 0 | |
| SUSAN BOYD | ||||||
| DELEGATE | 2.00 | X | 0 | 0 | 0 | |
| DARCY JUAREZ | ||||||
| DELEGATE | 2.00 | X | 0 | 0 | 0 | |
| SARAH SAUSNER | ||||||
| DELEGATE | 2.00 | X | 0 | 0 | 0 | |
| SALENA SCOTTI | ||||||
| DELEGATE | 2.00 | X | 0 | 0 | 0 | |
| SHELDON COOPER | ||||||
| EXECUTIVE DIRECTOR | 40.00 | X | 59099 | 0 | 3980 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 59099 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 3980 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation
Name Of Contractor NameOfContractor
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | OLYMPIC GENERAL CONTRACTORS | BusinessNameLine1 |
Address Of Contractor AddressOfContractor
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3726 BROADWAY | AddressLine1 |
| City | EVERETT | City |
| State | WA | State |
| ZIP Code | 98201 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Of Services | CONSTRUCTION MANAGEMENT | DescriptionOfServices |
| Compensation | 1492038 | Compensation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 1 | NumberOfContractorsGT100K |
| Government Grants | 184073 | GovernmentGrants |
| All Other Contributions | 416639 | AllOtherContributions |
| Noncash Contributions | 85520 | NoncashContributions |
| Total Contributions | 600712 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| PROJECT DEVELOPMENT | 531390 | 115140 | 115140 |
| LEASE PAYMENTS | 531110 | 48530 | 48530 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 163670 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 201 | TotalRevenueColumn |
| Exclusion | $201 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 3864400 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 3454037 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 410363 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 410363 | TotalRevenueColumn |
| Exclusion | $410,363 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MISCELLANEOUS | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 35 | TotalRevenueColumn |
| Exclusion | $35 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 35 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1174981 | TotalRevenueColumn |
| Related Or Exempt Function Income | 163670 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $410,599 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 63079 | Total |
| Program Services | 43871 | ProgramServices |
| Management And General | 16855 | ManagementAndGeneral |
| Fundraising | 2353 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 131335 | Total |
| Program Services | 91344 | ProgramServices |
| Management And General | 35092 | ManagementAndGeneral |
| Fundraising | 4899 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11620 | Total |
| Program Services | 8082 | ProgramServices |
| Management And General | 3105 | ManagementAndGeneral |
| Fundraising | 433 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 16449 | Total |
| Program Services | 11440 | ProgramServices |
| Management And General | 4395 | ManagementAndGeneral |
| Fundraising | 614 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6220 | Total |
| Program Services | 4326 | ProgramServices |
| Management And General | 1662 | ManagementAndGeneral |
| Fundraising | 232 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 27777 | Total |
| Management And General | 27777 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9872 | Total |
| Program Services | 6866 | ProgramServices |
| Management And General | 2638 | ManagementAndGeneral |
| Fundraising | 368 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 175 | Total |
| Program Services | 122 | ProgramServices |
| Management And General | 47 | ManagementAndGeneral |
| Fundraising | 6 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11484 | Total |
| Program Services | 7987 | ProgramServices |
| Management And General | 3069 | ManagementAndGeneral |
| Fundraising | 428 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12041 | Total |
| Program Services | 8375 | ProgramServices |
| Management And General | 3217 | ManagementAndGeneral |
| Fundraising | 449 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3974 | Total |
| Program Services | 2764 | ProgramServices |
| Management And General | 1062 | ManagementAndGeneral |
| Fundraising | 148 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1003 | Total |
| Program Services | 698 | ProgramServices |
| Management And General | 268 | ManagementAndGeneral |
| Fundraising | 37 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1385 | Total |
| Management And General | 1385 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| MISCELLANEOUS | 3388 | 2156 | 541 | 691 |
| DUES AND SUBSCRIPTIONS | 3190 | 2219 | 852 | 119 |
| FOOD | 2774 | 1929 | 741 | 104 |
| BANK SERVICE CHARGES | 2306 | 1604 | 616 | 86 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 308072 | Total |
| Program Services | 193783 | ProgramServices |
| Management And General | 103322 | ManagementAndGeneral |
| Fundraising | 10967 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11225 | BOY |
| EOY | 487605 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 165852 | BOY |
| EOY | 392247 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 34344 | BOY |
| EOY | 24348 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 86832 | BOY |
| EOY | 1909 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8170 | BOY |
| EOY | 3912 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 8555874 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 934 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6592813 | BOY |
| EOY | 8554940 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6899236 | BOY |
| EOY | 9464961 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 20536 | BOY |
| EOY | 60417 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3452799 | BOY |
| EOY | 5111749 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3473335 | BOY |
| EOY | 5172166 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3366116 | BOY |
| EOY | 4052703 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 59785 | BOY |
| EOY | 240092 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3425901 | BOY |
| EOY | 4292795 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6899236 | BOY |
| EOY | 9464961 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 866909 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -15 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 506348 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 688959 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 983612 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1195412 | CurrentTaxYearMinus1Year |
| Current Tax Year | 600712 | CurrentTaxYear |
| Total | 3975043 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 506348 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 688959 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 983612 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1195412 | CurrentTaxYearMinus1Year |
| Current Tax Year | 600712 | CurrentTaxYear |
| Total | 3975043 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 974073 | AmountsSubstContributorsTotal |
| Public Support Total170 | 3000970 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 2434 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1238 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1010 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 440 | CurrentTaxYearMinus1Year |
| Current Tax Year | 201 | CurrentTaxYear |
| Total | 5323 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | 25 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 4 | CurrentTaxYearMinus1Year |
| Current Tax Year | 35 | CurrentTaxYear |
| Total | 64 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 3980430 | TotalSupport |
| Gross Receipts From Admissions Etc | 582949 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.75390 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.99790 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
| General Explanation | SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS | GeneralExplanation |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | Volunteers |
| Paid Staff Or Management | 1 | PaidStaffOrManagement |
| Media Advertisements | 0 | MediaAdvertisements |
| Mailings Members | 0 | MailingsMembers |
| Publications Or Broadcast | 0 | PublicationsOrBroadcast |
| Grants Other Organizations | 0 | GrantsOtherOrganizations |
| Direct Contact Legislators | 1 | DirectContactLegislators |
| Direct Contact Legislators | $36 | DirectContactLegislatorsAmount |
| Rallies Demonstrations | 0 | RalliesDemonstrations |
| Other Activities | 0 | OtherActivities |
| Total Lobbying Expenditures IIB | 36 | TotalLobbyingExpendituresIIB |
| Not Described In501c3 | 0 | NotDescribedIn501c3 |
Form990 Schedule C Part IV Form990ScheduleCPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | EXPLANATION OF LOBBYING ACTIVITIES: | Identifier |
| Return Reference | PART II-B, LINE 1: | ReturnReference |
| Explanation | ONE HOUR SPENT LOBBYING SEATTLE CITY COUNCIL MEMBERS ON AFFORDABLE HOUSING ISSUES | Explanation |
Schedule D IRS990ScheduleD
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 8554019 | OtherCostOrOtherBasis |
| Book Value | 8554019 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1855 | OtherCostOrOtherBasis |
| Depreciation | 934 | Depreciation |
| Book Value | 921 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 8554940 | TotalOfBookValueLandBuildings |
| Total Revenue | 1174981 | TotalRevenue |
| Total Expenses | 308072 | TotalExpenses |
| Excess Or Deficit For Year | 866909 | ExcessOrDeficitForYear |
| Other | -$15 | OtherAmount |
| Total Adjustments | -15 | TotalAdjustments |
| Excess Or Deficit Per FS | 866894 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 1174981 | TotRevenueEtcAuditedFinclStmt |
| Revenue Not Rptd F990 | 0 | RevenueNotRptdF990 |
| Revenue Subtotal | 1174981 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 1174981 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 308072 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 308072 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 308072 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PART XI, LINE 8 - OTHER ADJUSTMENTS: | Identifier |
| Explanation | TO INCLUDE BEGINNING NET ASSETS FROM DISREGARDED ENTITY -15. | Explanation |
Schedule M IRS990ScheduleM
Real Estate Residential RealEstateResidential
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 8 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 85520 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | APPRAISAL | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (11 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | MEMBERS ELECT THE BOARD OF DIRECTORS | |
| FORM 990, PART VI, SECTION A, LINE 7A | MEMBERS ELECT THE BOARD OF DIRECTORS | |
| FORM 990, PART VI, SECTION A, LINE 7B | THE BOARD AND MEMBERS MUST APPROVE BYLAWS CHANGES, SELLING ASSETS, CHANGING RESELL FORMULAS AND DUES. | |
| FORM 990, PART VI, SECTION A, LINE 8B | COMMITTEES MAKE RECOMMENDATIONS TO THE FULL BOARD. THE FULL BOARD MAKES THE DECISIONS. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE EXECUTIVE DIRECTOR REVIEWS THE 990 AND COMPARES TO THE FINANCIAL STATEMENTS. | |
| FORM 990, PART VI, SECTION B, LINE 12C | OFFICERS, KEY EMPLOYEES, AND BOARD MEMBERS SIGN THE STATEMENT ANNUALLY. | |
| FORM 990, PART VI, SECTION B, LINE 15 | THE BOARD REVIEWS AND APPROVES COMPENSATION BASED ON COMPARABLE DATA. | |
| FORM 990, PART VI, SECTION C, LINE 19 | AVAILABLE UPON REQUEST. | |
| FORM 990, PART XI, LINE 5: | TO INCLUDE BEGINNING NET ASSETS FROM DISREGARDED ENTITY -15. TOTAL TO FORM 990, PART XI, LINE 5: -15. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| FORM 990, PART XII, LINE 2C | THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. | |
| FORM 990, PART I AND PART IX | THE COSTS OF PROVIDING THE VARIOUS PROGRAMS AND OTHER ACTIVITIES HAVE BEEN SUMMARIZED ON A FUNCTIONAL BASIS IN THE STATEMENTS OF ACTIVITIES. ACCORDINGLY, CERTAIN COSTS HAVE BEEN ALLOCATED AMONG PROGRAMS AND SUPPORTING SERVICES BENEFITED. HOMESTEAD'S EXPENDITURES GENERALLY RELATED TO ITS OPERATING EXPENSES AND THE PURCHASE OF LAND FOR ITS PROGRAMS. IF REVENUE RECOGNIZED THAT WAS RELATED TO LAND PURCHASE WAS CONSIDERED AN EXPENSE, HOMESTEAD'S RATIO OF PROGRAM EXPENSES TO TOTAL EXPENSES (ON ITS STATEMENT OF FUNCTIONAL EXPENSES) WOULD BE SIGNIFICANTLY HIGHER. FOR 2011, THIS RESULTS IN PROGRAM SERVICE EXPENSES REPORTED AT 63% OF TOTAL EXPENSES, BUT WHEN THESE COSTS ARE INCLUDED, HOMESTEAD DEDICATED 80% OF ITS REVENUES TO PROGRAM RELATED SERVICES. LIKEWISE, EXPENSES RELATED TO MANAGEMENT AND GENERAL AND FUNDRAISING AS A PERCENTAGE OF OVERALL EXPENSES ARE SKEWED SIGNIFICANTLY UPWARD TO 37%, WHERE THEY WOULD BE 20% IF THE VALUE OF LAND PURCHASES WERE TREATED AS AN EXPENSE. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part I Form990ScheduleRPartI
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HCLT WOLCOTT LLC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2524 16TH AVE S 300 | AddressLine1 |
| City | SEATTLE | City |
| State | WA | State |
| ZIP Code | 98144 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 911565651 | EIN |
| Primary Activities | DEVELOP AFFORDABLE HOUSING | PrimaryActivities |
| Legal Domicile State | WA | LegalDomicileState |
| Total Income | 375665 | TotalIncome |
| EOY Assets | 429240 | EOYAssets |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HOMESTEAD COMMUNITY LAND TRUST | BusinessNameLine1 |
Comments