Halsey Center FY2021 filing

Tax-deductible

Portland, OR501(c)(3)Since 2010Human ServicesEIN 27-3281112

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To acquire and manage real property to benefit related tax exempt organization join.

501(c)(3) charity; gifts are tax-deductible.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $67K a year · 97% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
4649 mo
of spending, in cash
Looks good: 4648.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$377K
24% of total assets
Looks good: liabilities are 24% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$27K
+499% vs prior year
Spent
$225
To programs
0%
Net assets
$1.2M
By yearFY2020–FY2025
Revenue
$27K
FY2021▲ +499%
Revenue by fiscal year
FY2020$5K
FY2021$27K
FY2022$136K
FY2023$99K
FY2024$94K
FY2025$53K
Expenses
$225
FY2021▼ -89%
Expenses by fiscal year
FY2020$2K
FY2021$225
FY2022$5K
FY2023$20
FY2024$6K
FY2025$0
Net assets
$1.2M
FY2021▲ +2%
Net assets by fiscal year
FY2020$1.1M
FY2021$1.2M
FY2022$1.3M
FY2023$1.4M
FY2024$1.5M
FY2025$1.5M

From the FY2021 Form 990 · see the original

Form 990 (PDF) Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jul 2011.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Management & general 100% · $225

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

10 people listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
See Halsey Center executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Acquires and manages property to benefit tax-exempt organizations.

Provided by the organization

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1 program · $55K · in their own filed words · FY2021
01

Managed real property at 1435 ne 81ST avenue, portland, or, on behalf of join.

$55Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$27K
Ln 12
Other incomeLn 4–11$27K
Investment incomeLn 3$6
Money outPt IX
$225
Ln 25
Managementcol C$225
Owns and owesPt X
$1.2M
net assets · Ln 32
Cash and savingsLn 1–2$87K
Total assetsLn 16$1.5M
LiabilitiesLn 26$377K
PeoplePt VI, VII
10
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Investment incomeLn 3$6
Other incomeLn 4–11$27K
Total revenueLn 12$27K
Assets in detailPt X, end of year
CashLn 1$19K
SavingsLn 2$68K
Cash and savings togetherLn 1–2$87K
Land, buildings, equipmentLn 10c$1.5M
Total assetsLn 16$1.5M
LiabilitiesLn 26$377K
Net assetsLn 32$1.2M
OperationsPt I, VI
EmployeesI 50
VolunteersI 65
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$78K$87K
Land, buildings, equipmentLn 10c$1.5M$1.5M
Total assetsLn 16$1.6M$1.5M
LiabilitiesLn 26$411K$377K
Net assetsLn 32$1.1M$1.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Office expensesLn 13$225$225
Total functional expensesLn 25$225$0$225$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $53K$0$53K$1.5M 990 PDF
FY2024 $94K$6K$88K$1.5M 990 PDF
FY2023 $99K$20$99K$1.4M 990 PDF
FY2022 $136K$5K$131K$1.3M 990 PDF
FY2021 Viewing $27K$225$27K$1.2M 990 PDF
FY2020 $5K$2K$2K$1.1M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (4 parts)
Part VIII · Statement of revenue $27,232 across 3 lines filed
VIII-3 Investment incomeExcluded from tax $6$6
VIII-6 Net rental income or lossRelated to mission $27,226$27,226
VIII-12 Total revenueRelated to mission $27,226 · Unrelated business $0 · Excluded from tax $6$27,232
Part IX · Statement of functional expenses $225 across 1 line filed
IX-13 Office expensesManagement $225$225
IX-25 Total functional expensesPrograms $0 · Management $225 · Fundraising $0$225
Part X · Balance sheet $1,543,157 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $18,922$19,110
X-2 Savings and temporary cash investmentsStart of year $59,046$68,053
X-9 Prepaid expenses and deferred chargesStart of year $5,656$5,081
X-10c Land, buildings and equipment, netStart of year $1,466,592$1,450,913
X-16 Total assetsStart of year $1,550,216$1,543,157
X-26 Total liabilitiesStart of year $410,905$376,839
X-27 Net assets without donor restrictionsStart of year $1,139,311$1,166,318
X-32 Total net assets or fund balancesStart of year $1,139,311$1,166,318
X-33 Total liabilities and net assetsStart of year $1,550,216$1,543,157
Part XI · Reconciliation of net assets $1,166,318 net assets at year end
XI-1 Total revenue$27,232
XI-2 Total expenses$225
XI-3 Revenue less expenses$27,007
XI-4 Net assets at start of year$1,139,311
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,166,318

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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