Spokane Housing Ventures
Spokane Housing Ventures
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About this organization
Mission
To preserve existing and develop new innovative housing options for families and individuals, primarily those with limited incomes and disabilities, and to help residents access supportive services to achieve self-sufficiency in the state of Washington.
About
Operation and management of low income housing rental properties - program expenses are related to affordable housing properties owned or managed by SHV. SHV owns 100% of various properties throughout the Spokane, Medical Lake, and Davenport communities. SHV also owns an interest in tax credit limited partnerships and limited liability companies of various sizes. SHV manages all of the tax credit properties. SHV purchased a commercial office building in 2015. The building is owned to serve as a corporate headquarters for SHV staff. Rental income will be recognized for parts of the building that SHV does not occupy.
Interesting data from their 2020 990 filing
The mission of the non-profit, as stated in the filing, is “Our mission is to preserve existing and develop new innovative housing options for families and individuals, primarily those with limited incomes and disabilities, and to help residents access supportive services to achieve self-sufficiency.”.
When referring to its tasks, they were described as: “To preserve and develop housing for families and individuals with limited incomes and disabilities, and to help residents access supportive services to achieve self-sufficiency. see schedule o for the mission statement.”.
- The non-profit is operating legally in the state of WA.
- The non-profit's address for the year 2020 is listed as C/O SPOKANE HOUSING VENTURES, SPOKANE, WA, 99207 in the filing.
- The form submitted by the non-profit organization for 2020 reports 78 employees.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor advised fund.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is -$724,154.
- The CEO compensation package within the organization is established through a review and approval process by an independent body.
- The organization has a written policy that describes how long it will retain documents.
- The organization has 12 independent voting members.
- The organization was formed in 1992.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule B.
- The organization is required to file Schedule O.
- The organization pays $1,140,714 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization has minutes of its meetings.
- The organization has a written whistleblower policy.
- The organization's financial statements were reviewed by an accountant.
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