Whatcom Skagit Housing

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To improve the living conditions of Whatcom and Skagit county families.

Form 990 Part I, line 1, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 91-1005103) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
95¢ of each $1 spent went to programs.
Run by 4 volunteers and 8 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
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
The latest return is for FY2024, 2 tax years back.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $242K a year · 20% of revenue · last 5 filings
A surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
95%
of spending
95% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$68K
to officers and key staff · 3% of spending
Pay to officers and key staff is 3% of spending.
Part VII, Section A
3.7 mo
of spending, in cash
Plus $1.8M in investments, Pt X · Ln 11–13
3.7 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$3.9M
49% of total assets
Liabilities are 49% of assets.
Pt X · Ln 26
Independent board members
5
of 5 voting members
5 of 5 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$2.7M
+176% vs prior year
Spent
$2.5M
To programs
95%
Net assets
$4.0M
By yearFY2020–FY2024
Revenue
$2.7M
FY2024▲ +176%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.0M
FY2021$717K
FY2022$710K
FY2023$981K
FY2024$2.7M
Expenses
$2.5M
FY2024▲ +310%
Tap a bar for its year
Expenses by fiscal year
FY2020$662K
FY2021$587K
FY2022$538K
FY2023$616K
FY2024$2.5M
Net assets
$4.0M
FY2024▼ -9%
Tap a bar for its year
Net assets by fiscal year
FY2020$3.8M
FY2021$3.9M
FY2022$4.1M
FY2023$4.5M
FY2024$4.0M

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

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 1978.

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

Where the money goes

95 cents of each dollar spent went to programs.

Program services 95% · $2.4M Management & general 5% · $116K

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

Something off? Claim to add context

Who runs it and what they're paid

6 people listed on the 990; $68K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
Executive Dir.
$68,068Pt VII · Sec A
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Julia Menkee’s $68K as Executive Dir. is at the 11th percentile of top reported officer pay among 2036 $1–10M 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 · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Nancy Larsen————$73,418
Julia Menkee$68,068$72,532$67,971$61,751$2,750

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 Whatcom Skagit Housing executive salaries →

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

Helps families in Whatcom and Skagit counties improve their living conditions.

Questions for Whatcom Skagit Housing

Tap to ask. Whatcom Skagit Housing sees how many people are interested.

Your first name shows with your question. Whatcom Skagit Housing answers here, for everyone.

1 program · $2.4M · in their own filed words · FY2024
01

The organization provided assistance to lowincome homeowners by offering supervision and coordination of construction services while homes were being built. The organization also buys and sells lots to lowincome individuals. During 2024, the organization sold 12 of its developed lots to lowincome individuals.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 91-1005103) · Dispute this line
$2.4Mprogram expense

Funders

Who pays for it.

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

Federal money

Single Audit · Federal Audit Clearinghouse · money spent from federal programs
Year ending Dec 2024 · $1.5M federal money spent
Self-Help Homeownership Opportunity ProgramDepartment of Housing and Urban Development · ALN 14.247 · Through Community Frameworks$810K
Rural Self-Help Housing Technical AssistanceDepartment of Agriculture · ALN 10.420 · Direct$532K
Community Development Block Grants/State's Program and Non-Entitlement Grants in HawaiiDepartment of Housing and Urban Development · ALN 14.228 · Through Skagit County$125K

The auditor reported no findings.

Year ending Dec 2023 · $963K federal money spent
Rural Self-Help Housing Technical AssistanceDepartment of Agriculture · ALN 10.420 · Direct$628K
Self-Help Homeownership Opportunity ProgramDepartment of Housing and Urban Development · ALN 14.247 · Through Community Frameworks$210K
Community Development Block Grants/State's Program and Non-Entitlement Grants in HawaiiDepartment of Housing and Urban Development · ALN 14.228 · Through Skagit County$125K

The auditor reported no findings.

Year ending Dec 2020 · $1.2M federal money spent
Self-Help Homeownership Opportunity ProgramDepartment of Housing and Urban Development · ALN 14.247 · Through Community Frameworks$615K
Rural Self-Help Housing Technical AssistanceDepartment of Agriculture · ALN 10.420 · Direct$595K

The auditor reported 2 findings: a weakness in money controls.

Year ending Dec 2019 · $1.2M federal money spent
Self-Help Homeownership Opportunity ProgramDepartment of Housing and Urban Development · ALN 14.247 · Through Community Frameworks$615K
Rural Self-Help Housing Technical AssistanceDepartment of Agriculture · ALN 10.420 · Direct$570K

The auditor reported 2 findings: a weakness in money controls.

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$2.7M
Ln 12
Fees for servicesLn 2g$2.1M
Gifts and grantsLn 1h$615K
Other incomeLn 4–11$17K
Money outPt IX
$2.5M
Ln 25
Programscol B$2.4M
Managementcol C$116K
Owns and owesPt X
$4.0M
net assets · Ln 32
Cash and savingsLn 1–2$785K
Total assetsLn 16$7.9M
LiabilitiesLn 26$3.9M
PeoplePt VI, VII
6
listed · VII A
PaidVII A1
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$615K
Government grantsLn 1e$605K
Fees for servicesLn 2g$2.1M
Investment incomeLn 3$9K
Other incomeLn 4–11$17K
Gains on assetsLn 7$0
Total revenueLn 12$2.7M
Assets in detailPt X, end of year
CashLn 1$750K
SavingsLn 2$35K
Cash and savings togetherLn 1–2$785K
Inventories for sale or useLn 8$5.3M
Prepaid expenses and deferred chargesLn 9$12K
InvestmentsLn 11–13$1.8M
Other assetsLn 15$39K
Total assetsLn 16$7.9M
LiabilitiesLn 26$3.9M
Net assetsLn 32$4.0M
OperationsPt I, VI
EmployeesI 58
VolunteersI 64
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 FY24End FY24
Cash and savingsLn 1–2$1.4M$785K
InvestmentsLn 11–13$1.8M
Land, buildings, equipmentLn 10c$6.2M$0
Total assetsLn 16$7.8M$7.9M
LiabilitiesLn 26$3.3M$3.9M
Net assetsLn 32$4.5M$4.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of officers and key staff (Part IX, line 5)Ln 5$74K$37K$37K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$246K$223K$23K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$113K$94K$19K
Payroll taxesLn 10$25K$20K$5K
Management feesLn 11a$0
Legal feesLn 11b$437$437
Accounting feesLn 11c$18K$18K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$675$675
Office expensesLn 13$10K$3K$7K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$7K$5K$2K
TravelLn 17$227$227
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$592$592
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$11K$9K$3K
InsuranceLn 23$21K$21K
Other expenses (24a–d)Ln 24$2.0M$2.0M$1K
All other expensesLn 24e$1K$1K$81
Total functional expensesLn 25$2.5M$2.4M$116K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest ViewingFiled with the IRS Nov 13, 2025 $2.7M$2.5M$186K$4.0M 990 PDF
FY2023Filed with the IRS Oct 15, 2024 $981K$616K$365K$4.5M 990 PDF
FY2022Filed with the IRS Nov 15, 2023 $710K$538K$172K$4.1M 990 PDF
FY2021Filed with the IRS Nov 15, 2022 $717K$587K$130K$3.9M 990 PDF
FY2020Filed with the IRS Nov 15, 2021 $1.0M$662K$353K$3.8M 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2024 990
Part I · Summary $2,711,950 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $585,317$615,238
I-9 Program service revenue$2,070,714
I-10 Investment incomePrior year $379,458$9,330
I-11 Other revenuePrior year $16,668$16,668
I-12 Total revenuePrior year $981,443$2,711,950
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to membersPrior year $533,565$0
I-15 Salaries and benefits$457,995
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $82,669$2,067,525
I-18 Total expensesPrior year $616,234$2,525,520
I-19 Revenue less expensesPrior year $365,209$186,430
Part VI · Governance 5 of 5 board members independent, 1 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
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-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $2,711,950 across 10 lines filed
VIII-1e Government grants$605,000
VIII-1f All other contributions, gifts and grants$10,238
VIII-1h Total contributions, gifts and grants$615,238
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $2,070,714$2,070,714
VIII-3 Investment incomeRelated to mission $9,330$9,330
VIII-5 Royalties$0
VIII-6 Net rental income or lossRelated to mission $16,668$16,668
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $2,096,712$2,711,950
Part IX · Statement of functional expenses $2,525,520 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of officers and key staff (Part IX, line 5)Programs $36,757 · Management $36,757$73,514
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $223,158 · Management $23,337$246,495
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $94,123 · Management $18,880$113,003
IX-10 Payroll taxesPrograms $20,427 · Management $4,556$24,983
IX-11a Management fees$0
IX-11b Legal feesManagement $437$437
IX-11c Accounting feesManagement $18,180$18,180
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-12 Advertising and promotionPrograms $675$675
IX-13 Office expensesPrograms $2,870 · Management $7,211$10,081
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 OccupancyPrograms $4,903 · Management $2,294$7,197
IX-17 TravelManagement $227$227
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsManagement $592$592
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $8,578 · Management $2,859$11,437
IX-23 InsurancePrograms $20,532$20,532
IX-24 Other expenses (24a–d)Programs $1,995,986 · Management $1,070$1,997,056
IX-24e All other expensesPrograms $1,030 · Management $81$1,111
IX-25 Total functional expensesPrograms $2,409,039 · Management $116,481 · Fundraising $0$2,525,520
Part X · Balance sheet $7,900,345 assets, 26 lines filed
X-1 Cash, non-interest-bearingStart of year $1,062,405$749,582
X-2 Savings and temporary cash investmentsStart of year $288,529$35,009
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-5 Loans to officers and key people$0
X-6 Loans to other insiders$0
X-7 Notes and loans receivableStart of year $280,882$0
X-8 Inventories for sale or use$5,284,136
X-9 Prepaid expenses and deferred charges$12,106
X-10c Land, buildings and equipment, netStart of year $6,151,135$0
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$1,780,882
X-14 Intangible assets$0
X-15 Other assets$38,630
X-16 Total assetsStart of year $7,782,951$7,900,345
X-17 Accounts payable and accrued expensesStart of year $14,174$240,723
X-19 Deferred revenue$2,086,000
X-21 Escrow or custodial accounts$382,651
X-23 Secured mortgages and notes payableStart of year $2,347,627$297,808
X-25 Other liabilitiesStart of year $755,705$849,830
X-26 Total liabilitiesStart of year $3,327,506$3,857,012
X-27 Net assets without donor restrictionsStart of year $3,920,445$3,998,106
X-28 Net assets with donor restrictionsStart of year $535,000$45,227
X-32 Total net assets or fund balancesStart of year $4,455,445$4,043,333
X-33 Total liabilities and net assetsStart of year $7,782,951$7,900,345
Part XI · Reconciliation of net assets $4,043,333 net assets at year end
XI-1 Total revenue$2,711,950
XI-2 Total expenses$2,525,520
XI-3 Revenue less expenses$186,430
XI-4 Net assets at start of year$4,455,445
XI-8 Prior period adjustments−$598,542
XI-10 Net assets at end of year$4,043,333

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

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