Homes for Islanders FY2022 filing

Tax-deductible

Friday Harbor, WA501(c)(3)HousingEIN 91-1912851Revenue $180K in FY2022

On file with the IRShomesforislanders.orgPo Box 545, 98250-0545 · Friday Harbor, WATax-exempt since Oct 1998Publicly supported charity — 170(b)(1)(A)(vi)

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Providing technical and supervisory home construction assistance to san juan families.

501(c)(3) charity; gifts are tax-deductible.
4¢ of each $1 spent went to programs.
$115K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · 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
3 of 6
filings with a surplus
Average surplus $34K a year · 15% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 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
$115K
to officers and key staff · 158% of spending
Concern: pay to officers and key staff is 158% of spending; over 30%.
Pt VII · Sec A
Cash reserves
184 mo
of spending, in cash
Looks good: 184.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $10K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$562
0.03% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 9 voting members
Looks good: 8 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$180K
-69% vs prior year
Spent
$72K
To programs
4%
Net assets
$2.2M
By yearFY2020–FY2025
Revenue
$180K
FY2022▼ -69%
Tap a bar for its year
Revenue by fiscal year
FY2020$550K
FY2021$578K
FY2022$180K
FY2023$997
FY2024$19K
FY2025$20K
Expenses
$72K
FY2022▼ -84%
Tap a bar for its year
Expenses by fiscal year
FY2020$529K
FY2021$466K
FY2022$72K
FY2023$14K
FY2024$31K
FY2025$32K
Net assets
$2.2M
FY2022▲ +5%
Tap a bar for its year
Net assets by fiscal year
FY2020$2.0M
FY2021$2.1M
FY2022$2.2M
FY2023$2.2M
FY2024$2.2M
FY2025$2.2M

From the FY2022 Form 990 (year ending September 2022) · see the original

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You’re viewing the FY2022 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 Oct 1998.

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% · $3K Management & general 96% · $70K

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

9 people listed on the 990; $115K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Director and Program Manager
$114,720Pt VII · Sec A
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Bill Gendron’s $115K as Director and Program Manager is at the 89th percentile of top reported officer pay among 142 <$100K 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

NameFY2022FY2021FY2020
Bill Gendron$114,720$99,455$107,907
Justin Roche—$97,836$97,677

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.

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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

Helps San Juan families build and improve their homes with expert guidance.

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Provided by the organization

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1 program · $3K · in their own filed words · FY2021
01

Coordinated and provided technical support and supervisory assistance to San Juan County families during the constructions of their own homes and administered the loans received by the individual families from the Unites States Department of Agriculture (USDA) to acquire land and construct their own homes.

$3Kprogram expense

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 · FY2020
Total grants receivedfrom 1 funder$10K

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$180K
Ln 12
Gifts and grantsLn 1h$167K
Other incomeLn 4–11$13K
Investment incomeLn 3$195
Money outPt IX
$72K
Ln 25
Programscol B$3K
Managementcol C$70K
Owns and owesPt X
$2.2M
net assets · Ln 32
Cash and savingsLn 1–2$1.1M
Total assetsLn 16$2.2M
LiabilitiesLn 26$562
PeoplePt VI, VII
9
listed · VII A
PaidVII A1
Voting boardVI 1a9
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$167K
Government grantsLn 1e$13K
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$0
Investment incomeLn 3$195
Other incomeLn 4–11$13K
Total revenueLn 12$180K
Assets in detailPt X, end of year
SavingsLn 2$1.1M
Cash and savings togetherLn 1–2$1.1M
Total assetsLn 16$2.2M
LiabilitiesLn 26$562
Net assetsLn 32$2.2M
OperationsPt I, VI
EmployeesI 56
VolunteersI 69
Fiscal year endsHeaderSeptember
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 FY22End FY22
Cash and savingsLn 1–2$483K$1.1M
Total assetsLn 16$2.4M$2.2M
LiabilitiesLn 26$241K$562
Net assetsLn 32$2.1M$2.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$1K$1K
Pay of current officers, directors and key staffLn 5$40K$40K
Payroll taxesLn 10$5K$5K
Accounting feesLn 11c$11K$11K
Other fees for servicesLn 11g$2K$305$1K
Office expensesLn 13$2K$532$2K
Information technologyLn 14$171$20$151
TravelLn 17$372$254$118
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$5K$0$5K$0
All other expensesLn 24e$6K$812$5K
Total functional expensesLn 25$72K$3K$70K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $20K$32K−$11K$2.2M 990 PDF
FY2024 $19K$31K−$12K$2.2M 990 PDF
FY2023 $997$14K−$13K$2.2M 990 PDF
FY2022 Viewing $180K$72K$108K$2.2M 990 PDF
FY2021 $578K$466K$112K$2.1M 990 PDF
FY2020 $550K$529K$20K$2.0M 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 FY2022 990 (6 parts)
Part I · Summary $180,402 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $576,632$166,966
I-9 Program service revenue$0
I-10 Investment incomePrior year −$2,723$195
I-11 Other revenuePrior year $4,017$13,241
I-12 Total revenuePrior year $577,926$180,402
I-13 Grants and similar amounts paidPrior year $500$1,000
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $411,961$44,068
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $53,461$27,360
I-18 Total expensesPrior year $465,922$72,428
I-19 Revenue less expensesPrior year $112,004$107,974
Part VI · Governance 8 of 9 board members independent, 1 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members8
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 $180,402 across 12 lines filed
Lines not itemized here account for $5,485 of total revenue; see the IRS return.
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$0
VIII-1d Related organizations$0
VIII-1e Government grants$12,606
VIII-1f All other contributions, gifts and grants$154,360
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$166,966
VIII-3 Investment incomeRelated to mission $0 · Unrelated business $0 · Excluded from tax $195$195
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $0 · Unrelated business $0 · Excluded from tax $7,756$7,756
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $13,436$180,402
Part IX · Statement of functional expenses $72,428 across 11 lines filed
IX-2 Grants to domestic individualsPrograms $1,000$1,000
IX-5 Pay of current officers, directors and key staffManagement $39,520$39,520
IX-10 Payroll taxesManagement $4,548$4,548
IX-11c Accounting feesManagement $10,550$10,550
IX-11g Other fees for servicesPrograms $305 · Management $1,413$1,718
IX-13 Office expensesPrograms $532 · Management $1,528$2,060
IX-14 Information technologyPrograms $20 · Management $151$171
IX-17 TravelPrograms $254 · Management $118$372
IX-23 InsuranceManagement $1,799$1,799
IX-24 Other expenses (24a–d)Programs $0 · Management $4,800 · Fundraising $0$4,800
IX-24e All other expensesPrograms $812 · Management $5,078$5,890
IX-25 Total functional expensesPrograms $2,923 · Management $69,505 · Fundraising $0$72,428
Part X · Balance sheet $2,245,519 assets, 8 lines filed
Asset lines not itemized here account for $1,133,643; see the IRS return.
X-2 Savings and temporary cash investmentsStart of year $483,348$1,111,876
X-16 Total assetsStart of year $2,376,458$2,245,519
X-17 Accounts payable and accrued expensesStart of year $21,962$562
X-26 Total liabilitiesStart of year $241,040$562
X-27 Net assets without donor restrictionsStart of year $1,152,618$1,184,064
X-28 Net assets with donor restrictionsStart of year $982,800$1,060,893
X-32 Total net assets or fund balancesStart of year $2,135,418$2,244,957
X-33 Total liabilities and net assetsStart of year $2,376,458$2,245,519
Part XI · Reconciliation of net assets $2,244,957 net assets at year end
XI-1 Total revenue$180,402
XI-2 Total expenses$72,428
XI-3 Revenue less expenses$107,974
XI-4 Net assets at start of year$2,135,418
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$1,565
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$2,244,957

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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