Garden Terrace FY2021 filing

Tax-deductible

Wenatchee, WA501(c)(3)HousingEIN 91-6087782Revenue $1.6M in FY2021

On file with the IRS500 N Emerson Ave, 98801-2079 · Wenatchee, WATax-exempt since Nov 1968Publicly supported — 509(a)(2)

This page gets seen. Tell your story. Claim this org.

To provide residential housing for the elderly

501(c)(3) charity; gifts are tax-deductible.
83¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

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
3 of 5
filings with a surplus
Average surplus $121K a year · 7% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
83%
of spending
Looks good: 83% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
2 mo
of spending, in cash
Fine: 1.9 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $65K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$4.8M
108% of total assets
Concern: liabilities are 108% of assets; over 80%.
Pt X · Ln 26
Independent board members
8
of 8 voting members
Looks good: 8 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.6M
Spent
$1.7M
To programs
83%
Net assets
−$353K
By yearFY2021–FY2025
Revenue
$1.6M
FY2021
Tap a bar for its year
Revenue by fiscal year
FY2021$1.6M
FY2022$1.7M
FY2023$1.8M
FY2024$1.7M
FY2025$2.3M
Expenses
$1.7M
FY2021
Tap a bar for its year
Expenses by fiscal year
FY2021$1.7M
FY2022$1.8M
FY2023$1.6M
FY2024$1.6M
FY2025$1.7M
Net assets
−$353K
FY2021
Tap a bar for its year
Net assets by fiscal year
FY2021−$353K
FY2022−$321K
FY2023−$205K
FY2024−$143K
FY2025$464K

From the FY2021 Form 990 (year ending March 2021) · figures checked against the IRS filing · 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 Nov 1968.

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

Where the money goes

83 cents of each dollar spent went to programs.

Program services 83% · $1.4M Management & general 17% · $284K

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

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

8 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Secretary/Tr
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
See Garden Terrace executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

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

Offers safe and affordable housing for seniors.

Questions for Garden Terrace

Tap to ask. Garden Terrace sees how many people are interested.

Your first name shows with your question. Garden Terrace answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $1.3M · in their own filed words · FY2020
01

Residential rental for low-income senior citizens under section 202 of the housing act of 1959. There are a total of 146 apartments.

$1.3Mprogram 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 · FY2024
Total grants receivedfrom 2 funders$65K

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$1.6M
Ln 12
Fees for servicesLn 2g$1.6M
Investment incomeLn 3$209
Money outPt IX
$1.7M
Ln 25
Programscol B$1.4M
Managementcol C$284K
Owns and owesPt X
−$353K
net assets · Ln 32
Cash and savingsLn 1–2$270K
Total assetsLn 16$4.4M
LiabilitiesLn 26$4.8M
PeoplePt VI, VII
8
listed · VII A
PaidVII A0
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$1.6M
Investment incomeLn 3$209
Gains on assetsLn 7−$40K
Total revenueLn 12$1.6M
Assets in detailPt X, end of year
CashLn 1$6K
SavingsLn 2$265K
Cash and savings togetherLn 1–2$270K
Land, buildings, equipmentLn 10c$3.6M
Other assetsLn 15$52K
Total assetsLn 16$4.4M
LiabilitiesLn 26$4.8M
Net assetsLn 32−$353K
OperationsPt I, VI
EmployeesI 534
VolunteersI 60
Fiscal year endsHeaderMarch
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$213K$270K
Land, buildings, equipmentLn 10c$3.7M$3.6M
Total assetsLn 16$4.5M$4.4M
LiabilitiesLn 26$4.8M$4.8M
Net assetsLn 32−$338K−$353K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$485K$298K$187K
Other employee benefitsLn 9$48K$16K$32K
Payroll taxesLn 10$71K$53K$19K
Legal feesLn 11b$410$410
Accounting feesLn 11c$17K$17K
Advertising and promotionLn 12$8K$8K
Office expensesLn 13$3K$3K
OccupancyLn 16$170K$161K$10K
InterestLn 20$186K$186K
Depreciation, depletion and amortizationLn 22$379K$379K
InsuranceLn 23$59K$59K
Other expenses (24a–d)Ln 24$271K$264K$8K
Total functional expensesLn 25$1.7M$1.4M$284K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $2.3M$1.7M$613K$464K 990 PDF
FY2024 $1.7M$1.6M$61K−$143K 990 PDF
FY2023 $1.8M$1.6M$137K−$205K 990 PDF
FY2022 $1.7M$1.8M−$87K−$321K 990 PDF
FY2021 Viewing $1.6M$1.7M−$119K−$353K 990 PDF

Want to add your own materials alongside these filings? Claim this org

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 (6 parts)
Part I · Summary $1,579,184 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $1,623,950$1,619,090
I-10 Investment incomePrior year −$873−$39,906
I-11 Other revenue$0
I-12 Total revenuePrior year $1,623,077$1,579,184
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $643,215$604,783
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $1,051,014$1,093,330
I-18 Total expensesPrior year $1,694,229$1,698,113
I-19 Revenue less expensesPrior year −$71,152−$118,929
Part VI · Governance 8 of 8 board members independent, 4 to look at
VI-1a Voting members of the governing body8
VI-1b Independent voting members8
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $1,579,184 across 4 lines filed
Lines not itemized here account for $34,192 of total revenue; see the IRS return.
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,584,898$1,584,898
VIII-3 Investment incomeExcluded from tax $209$209
VIII-7 Net gain or loss on sales of assetsRelated to mission −$40,115−$40,115
VIII-12 Total revenueRelated to mission $1,578,975 · Excluded from tax $209$1,579,184
Part IX · Statement of functional expenses $1,698,113 across 12 lines filed
IX-7 Other salaries and wagesPrograms $297,910 · Management $187,455$485,365
IX-9 Other employee benefitsPrograms $15,753 · Management $32,323$48,076
IX-10 Payroll taxesPrograms $52,563 · Management $18,779$71,342
IX-11b Legal feesManagement $410$410
IX-11c Accounting feesManagement $17,000$17,000
IX-12 Advertising and promotionManagement $7,716$7,716
IX-13 Office expensesManagement $2,796$2,796
IX-16 OccupancyPrograms $160,614 · Management $9,869$170,483
IX-20 InterestPrograms $186,465$186,465
IX-22 Depreciation, depletion and amortizationPrograms $378,501$378,501
IX-23 InsurancePrograms $58,599$58,599
IX-24 Other expenses (24a–d)Programs $263,640 · Management $7,720$271,360
IX-25 Total functional expensesPrograms $1,414,045 · Management $284,068 · Fundraising $0$1,698,113
Part X · Balance sheet $4,438,894 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $9,273$5,527
X-2 Savings and temporary cash investmentsStart of year $203,354$264,931
X-4 Accounts receivableStart of year $35,372$38,079
X-8 Inventories for sale or useStart of year $12,646$8,472
X-9 Prepaid expenses and deferred chargesStart of year $63,429$69,499
X-10c Land, buildings and equipment, netStart of year $3,734,820$3,591,014
X-14 Intangible assetsStart of year $424,687$409,742
X-15 Other assets$51,630
X-16 Total assetsStart of year $4,483,581$4,438,894
X-17 Accounts payable and accrued expensesStart of year $100,044$100,089
X-25 Other liabilitiesStart of year $49,811$103,659
X-26 Total liabilitiesStart of year $4,821,339$4,791,465
X-27 Net assets without donor restrictionsStart of year −$337,758−$352,571
X-32 Total net assets or fund balancesStart of year −$337,758−$352,571
X-33 Total liabilities and net assetsStart of year $4,483,581$4,438,894
Part XI · Reconciliation of net assets −$352,571 net assets at year end
XI-1 Total revenue$1,579,184
XI-2 Total expenses$1,698,113
XI-3 Revenue less expenses−$118,929
XI-4 Net assets at start of year−$337,758
XI-9 Other changes in net assets$104,116
XI-10 Net assets at end of year−$352,571

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

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.