Chelan Valley Housing trusts mission is to develop stable and secure Housing that is affordable to our manson and Chelan area residents.

501(c)(3) charity; gifts are tax-deductible.
4¢ of each $1 spent went to programs.
Run by 13 volunteers and 2 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $282K a year · 34% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
4%
of spending
Concern: 4% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$72K
to officers and key staff · 23% of spending
Worth a look: pay to officers and key staff is 23% of spending; over 20%.
Pt VII · Sec A
23 mo
of spending, in cash
Looks good: 23.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
7
named funders · $76K
Looks good: 7 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$2.2M
58% of total assets
Fine: liabilities are 58% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
12
of 12 voting members
Looks good: 12 of 12 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$888K
-23% vs prior year
Spent
$313K
To programs
4%
Net assets
$1.5M
By yearFY2020–FY2024
Revenue
$888K
FY2024▼ -23%
Tap a bar for its year
Revenue by fiscal year
FY2020$442K
FY2021$1.3M
FY2022$353K
FY2023$1.2M
FY2024$888K
Expenses
$313K
FY2024▼ -71%
Tap a bar for its year
Expenses by fiscal year
FY2020$98K
FY2021$1.0M
FY2022$191K
FY2023$1.1M
FY2024$313K
Net assets
$1.5M
FY2024▲ +60%
Tap a bar for its year
Net assets by fiscal year
FY2020$475K
FY2021$734K
FY2022$896K
FY2023$964K
FY2024$1.5M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 2019.

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

Where the money goes

4 cents of each dollar spent went to programs.

Program services 4% · $13K Management & general 65% · $205K Fundraising 30% · $95K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

13 people listed on the 990; $72K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$72,000Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A

Scott Meyers’s $72K as Executive Director is at the 62nd percentile of top reported officer pay among 852 $100K–1M housing nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023
Scott Meyers$72,000$63,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Chelan Valley Housing Trust 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 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Develops affordable, stable housing for Manson and Chelan area residents.

Questions for Chelan Valley Housing Trust

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Provided by the organization

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2 programs · $13K · in their own filed words · FY2024
01

The trust acquired a parcel of land on east nixon street in chelan for its next project to build six single family affordable homes. Costs incurred to date on this project totaled $513,433.

$13Kprogram expense
02

The trust progressed its planning, design, and engineering for future development of its chelan river heights and emerson harbour projects. Costs incurred to date on these project totaled $133,121 and $1,640,005, respectively.

Pt IX · col B

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024
See all 7 funders →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$888K
Ln 12
Gifts and grantsLn 1h$872K
Fees for servicesLn 2g$9K
Investment incomeLn 3$7K
Money outPt IX
$313K
Ln 25
Programscol B$13K
Managementcol C$205K
Fundraisingcol D$95K
Owns and owesPt X
$1.5M
net assets · Ln 32
Cash and savingsLn 1–2$606K
Total assetsLn 16$3.7M
LiabilitiesLn 26$2.2M
PeoplePt VI, VII
13
listed · VII A
PaidVII A1
Voting boardVI 1a12
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$872K
Government grantsLn 1e$408K
Fees for servicesLn 2g$9K
Investment incomeLn 3$7K
Total revenueLn 12$888K
Assets in detailPt X, end of year
CashLn 1$606K
Cash and savings togetherLn 1–2$606K
Land, buildings, equipmentLn 10c$3.1M
Total assetsLn 16$3.7M
LiabilitiesLn 26$2.2M
Net assetsLn 32$1.5M
OperationsPt I, VI
EmployeesI 52
VolunteersI 613
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$162K$606K
Land, buildings, equipmentLn 10c$1.5M$3.1M
Total assetsLn 16$1.7M$3.7M
LiabilitiesLn 26$724K$2.2M
Net assetsLn 32$964K$1.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$133K$133K
Payroll taxesLn 10$11K$11K
Legal feesLn 11b$2K$2K
Accounting feesLn 11c$16K$16K
Other fees for servicesLn 11g$3K$3K
Advertising and promotionLn 12$3K$3K
Office expensesLn 13$15K$15K
OccupancyLn 16$15K$15K
Travel and entertainment for public officialsLn 18$92K$92K
InsuranceLn 23$10K$10K
Other expenses (24a–d)Ln 24$13K$13K
Total functional expensesLn 25$313K$13K$205K$95K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $888K$313K$575K$1.5M 990 PDF
FY2023 $1.2M$1.1M$68K$964K 990 PDF
FY2022 $353K$191K$162K$896K 990 PDF
FY2021 $1.3M$1.0M$259K$734K 990 PDF
FY2020 $442K$98K$344K$475K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $887,861 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $480,469$871,879
I-9 Program service revenuePrior year $673,062$9,227
I-10 Investment incomePrior year $2,481$6,755
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $1,156,012$887,861
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $153,919$143,731
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $934,364$169,302
I-18 Total expensesPrior year $1,088,283$313,033
I-19 Revenue less expensesPrior year $67,729$574,828
Part VI · Governance 12 of 12 board members independent, 2 to look at
VI-1a Voting members of the governing body12
VI-1b Independent voting members12
VI-13 Written whistleblower policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $887,861 across 6 lines filed
VIII-1e Government grants$408,249
VIII-1f All other contributions, gifts and grants$463,630
VIII-1h Total contributions, gifts and grants$871,879
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $9,227$9,227
VIII-3 Investment incomeExcluded from tax $6,755$6,755
VIII-12 Total revenueRelated to mission $9,227 · Unrelated business $0 · Excluded from tax $6,755$887,861
Part IX · Statement of functional expenses $313,033 across 11 lines filed
IX-5 Pay of current officers, directors and key staffManagement $132,791$132,791
IX-10 Payroll taxesManagement $10,940$10,940
IX-11b Legal feesManagement $1,913$1,913
IX-11c Accounting feesManagement $16,120$16,120
IX-11g Other fees for servicesManagement $3,050$3,050
IX-12 Advertising and promotionFundraising $2,601$2,601
IX-13 Office expensesManagement $15,330$15,330
IX-16 OccupancyManagement $15,104$15,104
IX-18 Travel and entertainment for public officialsFundraising $92,328$92,328
IX-23 InsuranceManagement $9,550$9,550
IX-24 Other expenses (24a–d)Programs $13,306$13,306
IX-25 Total functional expensesPrograms $13,306 · Management $204,798 · Fundraising $94,929$313,033
Part X · Balance sheet $3,699,014 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $161,853$606,259
X-10c Land, buildings and equipment, netStart of year $1,526,070$3,092,755
X-16 Total assetsStart of year $1,687,923$3,699,014
X-17 Accounts payable and accrued expensesStart of year $1,785$3,416
X-26 Total liabilitiesStart of year $723,840$2,160,103
X-27 Net assets without donor restrictionsStart of year $356,718$1,201,804
X-28 Net assets with donor restrictionsStart of year $607,365$337,107
X-32 Total net assets or fund balancesStart of year $964,083$1,538,911
X-33 Total liabilities and net assetsStart of year $1,687,923$3,699,014
Part XI · Reconciliation of net assets $1,538,911 net assets at year end
XI-1 Total revenue$887,861
XI-2 Total expenses$313,033
XI-3 Revenue less expenses$574,828
XI-4 Net assets at start of year$964,083
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,538,911

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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